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1/ This is the market cycle, there will be sellers at every level. Those that need the quick buck, those who invested blindly, and mostly those who don’t really fully grasp $LINK.
Take the red pill, believe in the singularity and never sell your entire stack in your life time.
Take the red pill, believe in the singularity and never sell your entire stack in your life time.
2/ The $LINK token is not to be valued like a stock where you are invested in a profit generating company.
Understand the $LINK token value equates to the value of data captured on the chainlink network.
Understand the $LINK token value equates to the value of data captured on the chainlink network.
3/ How chainlink captures this value is through staking.
Say an insurance policy that needs to payout $1mil to a farmer if it rains 20/30 days of the month.
The data provided by the oracle that verifies that it actually rained x amount of days would then be valued at $1mil.
Say an insurance policy that needs to payout $1mil to a farmer if it rains 20/30 days of the month.
The data provided by the oracle that verifies that it actually rained x amount of days would then be valued at $1mil.
4/ The node operator would have to stake $1mil in $LINK tokens on the chainlink network so the insurance company retrieving that data on a blockchain is insured.
Now imagine this is just that 1 smart contract.
Now imagine this is just that 1 smart contract.
5/ Chainlink will be the standard oracle provider for all industries. Previously it may not have been clear, but now it is obvious with Google, Oracle, BSN, Swift, every literally who? on board.
Derivatives alone is a decatrillion industry, chainlink will capture that.
Derivatives alone is a decatrillion industry, chainlink will capture that.
6/ insurance, every de-fi project, every casino, the whole gambling/gaming industry... it will be hundreds of trillions in marketcap.
$1000 is not a meme. $81000 is not a meme.
The only thing that is a meme is the fact that we even try to put a number on it.
$1000 is not a meme. $81000 is not a meme.
The only thing that is a meme is the fact that we even try to put a number on it.
7/ Ask yourself, how much would the internet be worth? (Assuming it could be worth something as a collective whole)
That number is honestly just not calculable, to say it is worth ONLY trillions would be a joke!
The same truth goes for chainlink.
That number is honestly just not calculable, to say it is worth ONLY trillions would be a joke!
The same truth goes for chainlink.
8/ Chainlink will capture the intrinsic value of all truthful data used by smart contracts.
People say technology will one day automate everything. If you want to be part of that, this is the single golden opportunity to be part of it.
People say technology will one day automate everything. If you want to be part of that, this is the single golden opportunity to be part of it.
9/ Every smart contracts that is of value and needs a tamper proof data feed will use a decentralized oracle, and at this point in time Chainlink is years ahead.
There will only be one decentralized oracle network because it does not make business sense to use more than one.
There will only be one decentralized oracle network because it does not make business sense to use more than one.
10/ Sergey knows this and has stated very early on that he believes they build a decentralized oracle network so well that they will become the standard.
11/ Let’s dig a little deeper into the economics in crypto space and why many $LINK marines believe we’ll flip Bitcoin.
Ask yourself, how is BTC’s value derived?
Supply and Demand.
Does the blockchain network drive demand? No.
Does the blockchain network decrease supply? Yes.
Ask yourself, how is BTC’s value derived?
Supply and Demand.
Does the blockchain network drive demand? No.
Does the blockchain network decrease supply? Yes.
12/ Every 4 years this grandpa coin halves it’s rewards for miners, oh wow great. That’s literally it.
I just explained bitcoin tokenomics in a sentence. I may have simplified it, but honestly that’s it. It conceptually grows in value the same way GOLD does.
I just explained bitcoin tokenomics in a sentence. I may have simplified it, but honestly that’s it. It conceptually grows in value the same way GOLD does.
13/ Sure, BTC could increase in demand because of mainstream media, collapse of traditional markets blah blah blah. But that’s literally it.
There are numerous other coins out there that does the same and so much more on top of it.
There are numerous other coins out there that does the same and so much more on top of it.
14/ Watch my words, one day BTC will get flipped, by ETH, by LINK, by many other coins with so much greater potential. Since 2017 I’ve been saying this and I’ll scream it till the day I die because BTC set the stage but it’s tech is dated and soon people will move on from it.
15/ Now, $LINK tokenomics. I’ve been thru the reduced supply part, staking.
Which inherently also increases demand due to node operators needing more $LINK to increase their stack to provide data to more highly valued smart contracts.
Which inherently also increases demand due to node operators needing more $LINK to increase their stack to provide data to more highly valued smart contracts.
16/ Here’s the 
part, node operators are paid in $LINK when a job is completed too.
This also greatly reduces the supply because hundreds n thousands of node operators will constantly be locking up their $LINK tokens that are paid to them.
part, node operators are paid in $LINK when a job is completed too. This also greatly reduces the supply because hundreds n thousands of node operators will constantly be locking up their $LINK tokens that are paid to them.
17/ Say I’m an insurance company, I know I need reliable, trustless, truthful data to automate policy payouts.
I’ll use a decentralized oracle, and I’ll pay in the native token, in this case $LINK.
I’ll use a decentralized oracle, and I’ll pay in the native token, in this case $LINK.
18/ I’ve studied the fundamentals of the token, the economics of it. I’ve had teams study it, and I know the value of it.
I intend to use the network for years and years to come, what am I gonna do?
Obvs, stack cubes as an investment and as the payment method.
I intend to use the network for years and years to come, what am I gonna do?
Obvs, stack cubes as an investment and as the payment method.
