Thread by @timoharings

#Chainlink #LINK $LINK has not been talked about enough imo. Not speaking about price but how it positioned itself so well and still such a big part of crypto-people don't see it, don't understand it and are not buying it (yet). Let me summarize a few thinks here

The OG marines made soo much money because they did understand something very unique very early on. Understanding this early takes one to have a great filter, knowledge of the crypto landscape and patience. The OGs did understand or see what actually made smart contracts

valuable or how they would look like in the proposed whitepapers of early layer one blockchains and early literature of different type of distributed ledger technology. You would have to understand the different types of decentralization that exist, not just PoW decentralization

You would have to understand that the key reason for smart contracts is reaching the last 10-20% of automation in different industries. Which is dependent on a middleware and ledger technology that is fully trustless. The OG marines did understand Ethereum very well

and have mostly been bullish on the core tech of smart contracts (less on the blinky stuff that appeared shortly after). The decentralized oracle framework is that counterpart to the 'blind' but secure first layer DLT, the blockchain itself. I feel like marines saw early

that smart contracts had that big hurdle, the lack of data. I first heard about Chainlink in mid 2017 and didn't read much into it. Then again in late 2017, read into the "end of year announcement". It was a legendary time around that post and a lot of discussion.

That thing, and a few more days of reading made me literally go all in Chainlink. My personal bet was that whatever blockchain and whatever dApp becoming popular, will use Chainlink as oracle. My bet was that every major service and application is Chainlink related

and that the massive network effect coming from it would make the price go havoc. With most of the time 100% but sometimes just 95% invested in LINK over the whole bearmarket, my portfolio did not only NOT go down 95% to 99% like most projects, but in fact grew.

instead of having completely dead communities on reddit, twitter and a dead blockchain/dApp, Chainlink gained actual traction in usage. You have seen integrations and dev activity amidst the bottom of the bearmarket with lots of depression

Now it's still not 'the clear picture' yet. There is still much more sentiment shift / clarity to come. But today it's a much safer bet with Chainlink because you actually see that it IS in fact integrated and used by all major dApps. It's not anymore such a risky bet of "IF"

it becomes a default oracle and IF the space actually needs oracles at all. The people who answered these questions themselves early in 2017 and early 2018, made these two bets and won. They did bet on something that was not clear. Something that was not live/working needed yet

Something that would take years until the other lego blocks are even code-wise finished, let alone any usage.
Now, the next bet is that 'realworld' insurance, banking and whatever industry leaders will do the shift towards DeFi because now it is usable. This is another new bet

that can make whoever takes it x10, x100 or x1000 returns. After the picture gets clear and after it is LIVE, WORKING AND ADOPTED, you won't make any significant money anymore. You gotta take that bet now.

Integration wise and code wise, Chainlink is so advanced and so 'ready' that it can take over and fuel applications that will manage billions of dollars worth of assets on different layer one ledger technology. It CAN scale up vertically in usage now. It has been positioned over

3 years now and the people making that bet won it and performed well over 5000% better than the average altcoin. There is another (nobrainer) bet that most don't see yet. The token. You can buy in right now with that bet being still open because it's not live, "not working yet"

the token has no staking yet. It's not used as collateral properly and the massive cash flow can not be seen on any statistics yet. The massive shell of the cash flow mashine is here. You can see it and use it. And with some imagination and knowledge of the crypto tech you

will see and understand how it will be integral and 'running in production' very soon, creating that massive economic security. In my opinion we have began rising in price because of THIS BET starting to fullfill into reality. It's the first tiny bit of it being confirmed

and it started by Sergey finally mentioning Staking in his long video interview. When it's coming out and going live, you have one less bet that you could make big bucks early on. Chainlink has build that massive base of integrations, dApps and even price wise.

And now with the trigger being there, the growth in value of the network will be insane. You can ask yourself in a few years "why didn't I buy". But instead, why don't take some time and really read into #Chainlink. Really try understanding it NOW. TODAY. So many

smart developer I've met who might not got Chainlink before, gave it a read and became a fan. I've yet to meet a person who understands blockchain, smart contracts and oracles and NOT became a fan of Chainlink. Sure you can make *some* money by buying into bigger trends.

But in order to get the big bucks you have to be first or smarter than the others. And for that you need to read a lot. You have seen it all happening with Ethereum in 2016 and 2017. Another kind of step that happened back then with the introduction of smart contracts, something

completely new that no one has heard about before suddenly appears but very few people 'got it'. Chainlink is key infrastructure. Not "to the cryptospace" but to ALL space. There won't by "the cryptospace" in a few years. It's been called like that because it was an 'intranet'

it was all on it's own since 2009. No proper connection and usage to the internet. Every app was an 'offline game'. But when the shift to the realworld is in progress, you better have some money in the key infrastructure. Amonst BTC and ETH are only copies because nothing else

was available, new and interesting. It won't be another BTC or another Ethereum that takes over and becomes the next big thing. It always needs a BIG step up from the old norm. That new thing is the oracle framework fueling the now-cryptospace and future all-space with

economically secured data, money and connectivity. The s-curve of the adoption in the 'all-space' haven't even really begun. I'm not here for speculating on LINK value next year. I'm here for speculating on the LINK value in 5-10 years and that will be massive

I am still betting on Chainlink to continue being the top performer because it's still on the way of being and staying the most valuable key infrastructure of what is to come in 10 years. I am still mostly invested in Chainlink with about 90% of my crypto portfolio and I don't

think that will change anytime soon. I am still seriously thinking prices of beyond 1000$ per LINK token are realistic and will happen and I know how moonboy'sh that sounds

I was speculating on that with my very first 'bets' I made with Chainlink in q1 2018. Pre-mass adoption of crypto-dApps and pre-30-man team. pre-coinbase. pre-microsoft. pre-google. That was sub $0.50

A 10-20 trillion total crypto marketcap with a 30% btc dominance and 5-10% marketshare for Chainlink would already easily put it to the $1000 levels. MANY models predict way higher total cryptocaps and BTC prices

I have no idea how to valuate the Chainlink network properly but I am convinced that the valuation will be extremely high and much higher than the peak marketcaps of most crypto, perhaps even BTC was in the last cycle. Simply because of how exponential growth will kick in here