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re: Official CryptoTalk Thread

Posted on 6/25/19 at 12:02 pm to
Posted by stout
Porte du Lafitte
Member since Sep 2006
180632 posts
Posted on 6/25/19 at 12:02 pm to
quote:

Can link hit 10 this year? Looks very possible right now



What would $10 put the market cap at?
Posted by jmcwhrter
Member since Nov 2012
7815 posts
Posted on 6/25/19 at 12:06 pm to
BTC going to $20k puts LINK at $4.07

not hard to believe it could 2.5x over the rest of the year
Posted by DeathValley85
Member since May 2011
19010 posts
Posted on 6/25/19 at 12:09 pm to
quote:

What would $10 put the market cap at?


3.5 billion

#10 ranked crypto by market cap

ETA: rank as of right now
This post was edited on 6/25/19 at 12:10 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
180632 posts
Posted on 6/25/19 at 12:14 pm to
Man, I have a hard time swallowing some the market caps on a lot of these coins. Not Chainlink necessarily before CE gets defensive and chastises me, but just overall they all seem greatly inflated.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 6/25/19 at 12:47 pm to
I'm sure you understand that the "maket caps" are extremely inflated (or maybe unreliable is a better term) in the sense of the definition of market cap (i.e. price * supply) as compared to traditional assets. Have to consider:

- spot price manipulation from wash trading
- unregulated exchanges
- lack of visibility of true liquidity
- price discovery of a nascent market

Obviously it is useful to have some sort of way of ranking or comparing different projects, but because of the above reasons the actual market caps from project to project are an unreliable indicator of anything meaningful beyond general speculative sentiment...imo.
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/25/19 at 12:58 pm to
What scares me is everybody has bought link up as if they already partnered with oracle so how much higher will it actually go if true. I have a feeling its not going to be a full blown "partnership" like everybody is expecting and it will get dumped.

2.40 before announcement wow

Apparently its a really good chance that this is announcement as a partnership with Oracle. Theres even some coder that works for oracle or something like that, that said there will be a big announcement. Could all be a bunch of crap though.
This post was edited on 6/25/19 at 2:28 pm
Posted by CBarkleytruth
Member since Dec 2014
1702 posts
Posted on 6/25/19 at 3:40 pm to
It could be on and we could be lambo’ing soon. Here’s to a bolt to $10-15 range... it’s not a far fetched thought right now
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/25/19 at 3:48 pm to
PArtnership announced with Oracle and price is literally going down. Insane.
Posted by mtcheral
BR
Member since Oct 2008
2093 posts
Posted on 6/25/19 at 3:49 pm to
Looks to be dumping. They better come out with something good or it’s going down.
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/25/19 at 4:12 pm to
They announced a partnership with oracle and said oracle will implement Chainlink with 50 startups around the world over the next year. People are seriously retarded that’s incredible news.
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 6/25/19 at 4:15 pm to
Literally happens all the time. Build up before then dump as soon as the announcement. The key is what the new floor becomes. Will it stay above 2.00
Posted by jmcwhrter
Member since Nov 2012
7815 posts
Posted on 6/25/19 at 4:27 pm to
welp.... what's the next news ?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 6/25/19 at 4:36 pm to
quote:

welp.... what's the next news ?


Guess we wait on the swift partnership in September
Posted by jmcwhrter
Member since Nov 2012
7815 posts
Posted on 6/25/19 at 4:44 pm to
yikes.. no news before the Binance cut-off? this thing could be in the toilet by September lol
Posted by mtcheral
BR
Member since Oct 2008
2093 posts
Posted on 6/25/19 at 4:47 pm to
Time for the next flavor of the week. Probably btc and then Eth right now.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 6/25/19 at 7:32 pm to
quote:

Time for the next flavor of the week. Probably btc and then Eth right now.


So it's not a good time to use btc to buy "goods" on the internet right now?
Posted by Turftoe
Denver
Member since Mar 2016
4374 posts
Posted on 6/25/19 at 7:45 pm to
God damn bitty! Let’s get it.
Posted by dkreller
Laffy
Member since Jan 2009
33686 posts
Posted on 6/25/19 at 10:34 pm to
NEO and OMG are doing well right now
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/25/19 at 11:45 pm to
Nah link will be on Coinbase or binance US I think before that time comes.
Posted by lsuguy13
RIP MATT
Member since Mar 2004
9509 posts
Posted on 6/26/19 at 8:11 am to
Link is a long term hold
For me and I’m new to the crypto game.

What do I do with it if I have it on binance?
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