Is Chainlink destined for New Highs in 2020? - page 2.

jacafbiz

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Quote from: Vishnu.Reang on August 09, 2020, 07:19:13 AM

What is so special about Chainlink? Or what makes it different from all the second tier altcoins currently circulating in the market? I have done a bit of research on this coin. And it looks like the only major use with Chainlink is for speculative trading. It went up by more than 50% today. But this rise is not matched with any real life increase in demand or acceptability. The spike was entirely due to speculation.

Nothing really but the issue here is not about the market it is providing, some people would argue what is special about Ethereum that the like of Tezos and other competitors can offer. The momentum behind chainlink is so strong now that people are predicting it to hit $100 this year, DEFI has also helped the hype but for me I won't bet against the market

Vishnu.Reang

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What is so special about Chainlink? Or what makes it different from all the second tier altcoins currently circulating in the market? I have done a bit of research on this coin. And it looks like the only major use with Chainlink is for speculative trading. It went up by more than 50% today. But this rise is not matched with any real life increase in demand or acceptability. The spike was entirely due to speculation.

royalfestus

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when project keeps coming up in the cryptocurrency news when the sentiment is better, discussed on telegram groups, trending on twitter and having reddit discussion update, especially for development and relevance in trending technology in the space, It is likely to enjoy a good run of price pump. The price movement since the year begins is gradual which I prefer to those steep movement in short time. I just expect the team to keep the good work and retain the communities hope

Retainly_Collie

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Since the OP posted this thread, the price has gone up more than 10 times. This is really a great growth for this altcoin, Link is really one of the best projects in this market and it is sure its price will continue to increase in the future.

shadowduck

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Quote from: NoG-NoG on August 09, 2020, 06:21:40 AM

Seeing that one of a new altcoins such as this Chainlink goes up is a very good indication that any altcoin can really be a potential coin to invest with and can give you an opportunity go gain and earn more. Hoping that it will go further higher and continue to bullish.

Link is truly one of the strongest coins in 2 years. this project created a lot of noise in the altcoin market. Now everyone is talking about this coin. I think that soon we will see Chainlink in the top 5

shakesbear

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Link turned out to be crazy, 6th place in coinmarketcap, I would never have thought that it would fly so high, congratulations to all who believed in the project.

NoG-NoG

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Seeing that one of a new altcoins such as this Chainlink goes up is a very good indication that any altcoin can really be a potential coin to invest with and can give you an opportunity go gain and earn more. Hoping that it will go further higher and continue to bullish.

kindbtc

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Quote from: ansi on December 20, 2019, 11:30:58 AM

Link is great indeed, but will this make it a $10 coin any soon? i don't think so.
Although it's solving already a real life problem with it's great partnership with google, the sad truth remains that crypto is the most volatile market & everything may take it down to the ground for no logical reason.

I keep seeing shitty coins that worth $1 while other great lockchains & projects worth less than $0.02 simply because they are not into the right exchanges & have 0 market makers.

Well, to be honest the thread starter was spot on and it is amazing to see how he spotted the right project and within months it has grew so well and already hit $10. This is what i like about forums and discussion boards like bitcointalk, you can easily get knowledge, critical analysis and wisdom being an active community member here.

bitmania69

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Chainlink is great

r32godzilla

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Even Chainlink is a great coin, you are too late. It has grown more than 750 times! So, I would like rather buy a coin that has this rally still in front of it and not behind it.
Look at undervalued coins, that are not mentioned in the crypto community so much. My two hidden gems are: PolkaDOT and DFinity.

2double0

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Congratulations traders for achieving a >$13.5 price today for LINK. It's a huge achievement for us to see something growing insane while all other coins were red and were crashing since 2018 crash. LINK was the only coin to show stable growth and is now more than 100x from its lowest price of 1000 satoshi.

yurim37

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Chainlink is a great coin and a great project whose price has been skyrocketting for the last year and half.
And it seems that now that the psychological 10$ barrier has been broken, the pump is only beginning with investors trusting it more and more.

Denongels

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Quote from: chip1994 on August 08, 2020, 12:44:53 PM

Chainlink and Tezos are the two coin tops mentioned a lot in the past few days due to the huge increase in prices. Although there hasn't been a lot of good news over the past few days but the price of the Link is still going strong, is this because the whales are fomo about it? Although the Link technology is very top notch, the price has gone up beyond the value it is giving to the market. Be careful when investing in Link, which can be a big trap for whales.

Not only for whales, I think traders who usually like to look for moments when ATH should also be a little cautious because I think if there is one bad news, this might make link a bit dump, and I think buying Link It's too late, but if the fomo partnership and DeFi continue, I think the target ATH link could be more than this.

chip1994

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Chainlink and Tezos are the two coin tops mentioned a lot in the past few days due to the huge increase in prices. Although there hasn't been a lot of good news over the past few days but the price of the Link is still going strong, is this because the whales are fomo about it? Although the Link technology is very top notch, the price has gone up beyond the value it is giving to the market. Be careful when investing in Link, which can be a big trap for whales.

BChydro

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I missed this thread which was created last year and i neglected the entire DeFi hype thinking of the tough memories i have in the past with all the hype we had in the ICO market but i made a big mistake and i was monitoring the Chainlink on the daily profit page on CMC for a long time and now it has crossed $10. Not confident to invest at this price but i missed this one, will be following the hype and will try my luck in the upcoming projects.

Tipstar

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Quote from: Coin_trader on August 08, 2020, 09:09:22 AM

Quote from: swapnilkale008 on August 08, 2020, 08:59:36 AM

already crossed $10 USD mark and expected to cross $20 USD till end of 2020
source: https://cryptocurrencypriceprediction.com/chainlink-price-prediction-2020-link-coin-forecast-till-5-usd/

It’s possible considering that DeFi hype will not gonna exhaust this year. Your source is possibly using fibonacci and elliot wave indicator that’s he come up to that price list. Chainlink is the leading DeFi project so that means that it is the most beneficial on this current DeFi hype. The explanation OP about the growth of LINK was very accurate. It’s good thing that I onboard on this project before it start to get upward phase.

Chainlink seems unstoppable. It has broke into the top 10 coins by marketcap and is on number 7 spot. It's total valuation even larger than Litecoin, Cardano or EOS. Don't know where this Defi craze would be taking us but interblockchain connectivity is still a new field to be conquered. We could expect a correction soon as the development and adoption is not going to boost as quick the price boosted.

Coin_trader

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Quote from: swapnilkale008 on August 08, 2020, 08:59:36 AM

already crossed $10 USD mark and expected to cross $20 USD till end of 2020
source: https://cryptocurrencypriceprediction.com/chainlink-price-prediction-2020-link-coin-forecast-till-5-usd/

It’s possible considering that DeFi hype will not gonna exhaust this year. Your source is possibly using fibonacci and elliot wave indicator that’s he come up to that price list. Chainlink is the leading DeFi project so that means that it is the most beneficial on this current DeFi hype. The explanation OP about the growth of LINK was very accurate. It’s good thing that I onboard on this project before it start to get upward phase.

swapnilkale008

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already crossed $10 USD mark and expected to cross $20 USD till end of 2020
source: https://cryptocurrencypriceprediction.com/chainlink-price-prediction-2020-link-coin-forecast-till-5-usd/

lolgato1

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Chainlink is of course a good coin for long term hodl because it expands application possibilities of blockchain ttechnology. Chainlink also more cooperates with real life and real use cases through decentralized oracles. Cool

Nadziratel

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In 2019, the development was very good. In general, it was important that LINK was doing so well in this process when Bitcoin and the market were not going well. But to maintain this, they need to work hard and establish close relationships with their communities.

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