ChainLink (LINK) Live Price Chart & History

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Price USD 12.53%
$0.876721
Price BTC
0.00006905
Volatility (7d)
4.31 %
Volatility (30d)
3.23 %
Market Cap USD
$306.9M
Market Share
Since launching at $0.156494 on 20/09/2017 ChainLink has achieved a price of $0.876721, falling -25.13% in the last week alone.
ChainLink is blockchain middleware that allows smart contracts to access key off-chain resources like data feeds, various web APIs, and traditional bank account payments. By providing smart contracts secure access to these key resources, ChainLink allows them to mimic real world agreements that require external proof of performance and need to make payment in widely available payment methods e.g. bank payments... Smart contracts are poised to revolutionize many industries by replacing the need for both traditional legal agreements and centrally automated digital agreements. Both performance verification and execution rely on manual actions from one of the contracting parties, or an automated system that programmatically retrieves and updates relevant changes. Unfortunately, because of their underlying consensus protocols, the blockchains on which smart contracts run cannot support native communication with external systems. Today, the solution to this problem is to introduce a new functionality, called an oracle, that provides connectivity to the outside world. Existing oracles are centralized services. Any smart contract using such services has a single point of failure, making it no more secure than a traditional, centrally run digital agreement. In this paper we present ChainLink, a decentralized oracle network. We describe the on-chain components that ChainLink provides for contracts to gain external connectivity, and the software powering the nodes of the network. We present both a simple on-chain contract data aggregation system, and a more efficient off-chain consensus mechanism. We also describe supporting reputation and security monitoring services for ChainLink that help users make informed provider selections and achieve robust service even under aggressively adversarial conditions. Finally, we characterize the properties of an ideal oracle as guidance for our security strategy, and lay out possible future improvements, including richly featured oracle programming, data-source infrastructure modi- fications, and confidential smart-contract execution.
ChainLink was launched in 20/09/2017. .

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Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a ChainLink wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades LINK
  5. Exchange your BTC, ETH or LTC for an amount of LINK, depending on the current exchange rate
  6. Move your ChainLink coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

As you can see, the process for trading ChainLink is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of ChainLink crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before ChainLink goes to zero

You can see our list of featured trading platforms here

It's impossible to predict for sure if ChainLink is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days ChainLink has fallen by -25.13%
  • In the past month it has gained 53.973691123651%
  • In total it has appreciated by $0.720227 since its inception, a change of 560.23%
At present ChainLink is trading at 0.00006905 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 1,448,225.9%. If we assume ChainLink continued to as it has in the last month - with a price change of 53.97% it would take 1.8819722674972 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of LINK is going to take off and increase in price to a higher level we've done the math for you.
In order for ChainLink to reach $1.00 it needs to increase in price by a factor of 1.14x. Given its present growth rate of 53.97% per month, it could take just 0.5 months to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week38.4%61.5%
1 month44.3%55.6%
3 months46.7%53.2%
6 months47.6%52.3%
1 year48.3%51.6%
2 years48.8%51.1%
3 years49%50.9%
4 years49.1%50.8%
5 years49.2%50.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $5.00 it needs to increase in price by a factor of 5.70x. Given its present growth rate of 53.97% per month, it could take just 7.2 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%99.9%
1 month2.9%97%
3 months13.8%86.1%
6 months22.1%77.8%
1 year29.4%70.5%
2 years35.1%64.8%
3 years37.7%62.2%
4 years39.3%60.6%
5 years40.4%59.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $10.00 it needs to increase in price by a factor of 11.41x. Given its present growth rate of 53.97% per month, it could take just 10.0 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0.4%99.5%
3 months6.4%93.5%
6 months14.1%85.8%
1 year22.5%77.4%
2 years29.6%70.3%
3 years33.1%66.8%
4 years35.2%64.7%
5 years36.7%63.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $15.00 it needs to increase in price by a factor of 17.11x. Given its present growth rate of 53.97% per month, it could take just 11.7 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0.1%99.8%
3 months3.8%96.1%
6 months10.4%89.5%
1 year18.9%81%
2 years26.6%73.3%
3 years30.5%69.4%
4 years32.9%67%
5 years34.6%65.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $25.00 it needs to increase in price by a factor of 28.52x. Given its present growth rate of 53.97% per month, it could take just 1.1 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%99.9%
3 months1.8%98.1%
6 months6.9%93%
1 year14.9%85%
2 years23.1%76.8%
3 years27.4%72.5%
4 years30.1%69.8%
5 years32.1%67.8%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $50.00 it needs to increase in price by a factor of 57.03x. Given its present growth rate of 53.97% per month, it could take just 1.4 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%99.9%
3 months0.5%99.4%
6 months3.7%96.2%
1 year10.4%89.5%
2 years18.7%81.2%
3 years23.4%76.5%
4 years26.5%73.4%
5 years28.7%71.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $100.00 it needs to increase in price by a factor of 114.06x. Given its present growth rate of 53.97% per month, it could take just 1.6 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0.1%99.8%
6 months1.8%98.1%
1 year7%92.9%
2 years14.9%85%
3 years19.8%80.1%
4 years23.1%76.8%
5 years25.5%74.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $200.00 it needs to increase in price by a factor of 228.12x. Given its present growth rate of 53.97% per month, it could take just 1.9 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.8%99.1%
1 year4.6%95.3%
2 years11.6%88.3%
3 years16.5%83.4%
4 years19.9%80%
5 years22.5%77.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ChainLink to reach $300.00 it needs to increase in price by a factor of 342.18x. Given its present growth rate of 53.97% per month, it could take just 2.0 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.5%99.5%
1 year3.5%96.4%
2 years10%89.9%
3 years14.8%85.1%
4 years18.2%81.7%
5 years20.9%79%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

No, it is not a 'good investment' to buy ChainLink, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading ChainLink as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of LINK - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

There are @research_team_dev_size developers coding the source behind ChainLink There are no sales or marketing staff on the team which could impede the coin's growth.

ChainLink publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for ChainLink is lead by Sergey Nazarov,

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

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