Is Chainlink destined for New Highs in 2020?

[oneworld2015]

 figure I share this info with you to make it easy for even idiots or people who simply do not have time to understand why the hell so many god damn smart people are literally obsessive over chainlink. I unironically think Chainlink is a big deal and will continue to capture the attention and mindshare of the leading academics and blockchain/AI developers (and with that an emergent ecosystem fueled by VC $$$):

The core value proposition of Chainlink can be summarized with a single word: Synergy.

Each new project making an announcement that their leveraging Chainlink in some capacity becomes a multiplier on the existing value of Chainlink, resulting in exponential, rather than linear gains, for every new project can integrate with the others (and borrow intellectual capital inherently incentivized by the immediate thought leadership opportunities gained by introduction a NEW innovation to the emergent ecosystem at its earliest stages--think bitcoin/ethereum pre-MSM media advertainment. Similarly every time any one of the above mentioned projects gains a new user or somehow grows in size, it ripples through the list and positively effects every other project in one way or another. Another huge advantage is that all of the integrations and synergies listed above require zero direct interaction or collaboration between the projects - it just emerges by itself due to the open source nature and streamlined standards currently being developed by the Wall Street Blockchain Alliance/Open Law/The Accord Project, DTCC, ASX, Microsoft in their white-label offering of Chainlink (DYOR), et al. Of course in most cases there is still direct collaboration between the projects in this early stage of the ecosystem, but it's still important to note that this isn't a requirement - this will become a huge advantage once the network starts to really scale.

The result of this inherent synergy is an unbeatable network effect in accordance with Metcalfe's law. Every time a VC/banker/investor asks me which blockchain projects are interesting to look at in the industry, I tell them the same thing: Chainlink has already won. It has reached critical mass and become what can best be described as an unstoppable, ever-growing snowball. Let's not even think about the more advanced use-cases Chainlink can provide to enterprise-level institutional clients.

I invite you to notice the recent in-roads they made with Google (there was even a Google Meetup a few days ago), their collaborations with OpenLaw, Oracle, Kaleido, Polkadot (founded by Gavin Wood, Co-Founder of Ethereum with Vitalik Buterin, et al.

[ansi]

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.

[oneworld2015]

I watched their live stream of the Google meetup and I was impressed with their progress. Hardly anyone knew of Chainlink last year around this time.

[Tipstar]

Probably yes. Crypto market is down for quite a period and the whales seems to be active buying the coins of their choice.
Chainlink is one of the hyped and still a popular token with a lot of involvement. When we would be having a crypto bull run, there would be a place for Chainlink.

[BitHodler]

Hardly anyone knew of Chainlink last year around this time.

Now that's completely different, which makes me wonder how much upside there realistically is left without the retail fomo crowd pumping prices to the moon. I would say that if I were to be an early bird, it's time to cash out.

This of course doesn't mean that it will not go up anymore. It's just what I would do in that scenario. Some times you just have to be happy with the profits that you made and take out a large chunk just to be on the safe side of the fence.

[enhu]

Chainlink had been ranking up this year which many of us must have noticed it on CMC. I tried checking it just when I learned its on the first 100 to see why people are buying it. Real world use is what it offers. I would really be buying more of it.

This is one of the news about this project and if you are folowing the ETH developing in Defi -  Breakthrough for DeFi: Chainlink and Synthetix enter into partnership

[masterrex]

I think its a positive prediction about ChainLink! but only time can tell when it happens, As we all know that cryptocurrency market is very weird in terms of price movement, high volatility rate because of its unusual fluctuation, that's why it can only rely on the Chainlink development strategies to spur demand that can drive the price of its token in the near future.

[o48o]

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.

Project worth isn't calculated by a price of the 1 single coin. I don't know what one would accomplish by comparing them like that. LINK $ value doesn't have anything to do with the $ value of some random project with a smaller supply.

[Furious 7]

Chainlink had been ranking up this year which many of us must have noticed it on CMC. I tried checking it just when I learned its on the first 100 to see why people are buying it. Real world use is what it offers. I would really be buying more of it.

This is one of the news about this project and if you are folowing the ETH developing in Defi -  Breakthrough for DeFi: Chainlink and Synthetix enter into partnership

Yes, I see the Chainlink chart on Coinmarketcap, for a year, it has a good improvement. Chainlink will definitely be more like this year, it will improve the quality of its development, and maybe cooperation with large companies will have a positive impact in 2020. I still haven't invested in Chainlink because I want to see this process going forward.

[luckyflop]

LINK is one of the best altcoins in 2019. In 2019, LINK has had huge growth and helped many investors get profits, in addition trading LINK is also a very good choice. that in 2020 LINK will continue to surpass ATH, it's best to add Link to your investment list before it's too late

[Nadziratel]

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.

[lolgato1]

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. 

[swapnilkale008]

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/

[Coin_trader]

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.

[Tipstar]

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.

[BChydro]

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.

[chip1994]

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.

[Denongels]

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.

[yurim37]

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.

[2double0]

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.