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Poll

7th vs 9th rank battle of the newcomers: which coin will do better?

Chainlink (LINK) - $5.5B market cap
Polkadot (DOT) - $4.8B market cap

Author Topic: Chainlink or Polkadot?  (Read 12291 times)

Offline dragononcrypto

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Re: Chainlink or Polkadot?
« Reply #15 on: December 04, 2020, 10:33:45 PM »
Actually, Polkadot and Chainlink are completely different projects. There is very little in common between them. I don't understand how to compare them, by what criteria. But if there is still a choice, then I would prefer Polkadot. Moreover, he is going to become an ether killer.

You're right, they are very different projects. As per the poll "7th vs 9th rank battle of the newcomers:", the comparison is between two projects that are relatively new with the largest market cap, which one will survive the best, knowing how many dozens of coins used to be in the Top 10 and now aren't even Top 100...

My curiosity is whether at the moment users here have more faith in LINK or DOT, regardless of the technical differences.

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Re: Chainlink or Polkadot?
« Reply #15 on: December 04, 2020, 10:33:45 PM »

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Re: Chainlink or Polkadot?
« Reply #16 on: December 04, 2020, 10:46:08 PM »
I would go for polkadot for long term investment. the price still at low and then popularity is getting bigger and bigger. someday it will grow big for sure. when it is widely known to everyone the price will surely move high. profit will surely within hands.
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Re: Chainlink or Polkadot?
« Reply #17 on: December 04, 2020, 11:16:41 PM »
Topic inspired by: LINK or ADA, credit to Master107.

Both LINK and DOT are both the newcomers to the Top 10 cryptocurrencies by market cap this year, but which will do better?

Do you think these coins will stay in the Top 10, or like dozens of other altcoins end up being overtaken by others?

Quote from: CMC
Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. [...] Chainlink is a platform that aims to bridge the gap between blockchain technology-based smart contracts (made widespread by Ethereum), and real world applications. [...] It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens.

Read more: https://coinmarketcap.com/currencies/chainlink/

Quote from: CMC
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other. This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.

Read more: https://coinmarketcap.com/currencies/polkadot-new/

Which project will be more useful in the long-term?

With the performance of these two coins, I think both has what it takes to remain at the top ten coin on CMC ranking, and may move further in near future. I think top 3 coins on CMC ranking may be the only Strong projects that may resist the potentials and a possible overtake by both polkadot and chainlink fast growth.
These coins has proven the fact that it is really difficult to predict crypto, and that anything can happen. Many more unknown coin/tokens may also spring up surprises in near future. Crypto is full surprises, let watch out for more smart projects that may put up a good performance other than polkadot and chainlink tokens.

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Offline dragonvslinux

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Re: Chainlink or Polkadot?
« Reply #18 on: December 04, 2020, 11:52:57 PM »
Do you think these coins will stay in the Top 10, or like dozens of other altcoins end up being overtaken by others?

With the performance of these two coins, I think both has what it takes to remain at the top ten coin on CMC ranking, and may move further in near future. I think top 3 coins on CMC ranking may be the only Strong projects that may resist the potentials and a possible overtake by both polkadot and chainlink fast growth.
These coins has proven the fact that it is really difficult to predict crypto, and that anything can happen. Many more unknown coin/tokens may also spring up surprises in near future. Crypto is full surprises, let watch out for more smart projects that may put up a good performance other than polkadot and chainlink tokens.

It sounds ambitious to think this, but fair enough. I always assumed that while they both would remain very successful projects, staying in the Top 10 isn't exactly a barometer for being useful and valuable. It seems every year there are new projects that enter Top 10 that never stay there long. The only exception to this rule would be that we *appear* to be starting a new bull market, so in an altseason these two projects could hold their ground against any other newcomers, but I'm also not sure it really works like this, despite LINK's incredible rise to the Top 10 that looks like it might have some staying power.

I still remember the amount of coins that used to be Top 10 even relatively recently; Stellar, EOS, TRON, Monero, NEM, Tezos, basically half of the coins ranked 11-20! I guess this is where my pessimism comes from, seeing so many projects get overtaken by the latest flavor of the week, month or year. As you said, the exception to this appears to Bitcoin, Ethereum and XRP. No other projects have survived the test of time, apart from Litecoin I guess.
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Re: Chainlink or Polkadot?
« Reply #19 on: December 05, 2020, 09:10:55 AM »
Visit to coinmarketcap shows that dot and link are much better among the first tier cryptocurrencies in the market. The future is going to be better. The team is much more active. I was interested in investing in these. But I don't have enough dollars. I have plans for the future.

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Re: Chainlink or Polkadot?
« Reply #20 on: December 05, 2020, 09:18:15 AM »
Both platforms are very promising so far but, not all the times they will stay in that position, I believe Polkadot has momentum over the Chainlink but because of the Defi trend, both platforms are performed well with their own capacity and capabilities.

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Re: Chainlink or Polkadot?
« Reply #21 on: December 05, 2020, 09:43:11 PM »
My opinion is that Polkadot is a serious competitor for Ethereum and when the real creation of projects on it begins, ChainLink will immediately lose its place on capitalization!
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Re: Chainlink or Polkadot?
« Reply #21 on: December 05, 2020, 09:43:11 PM »


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Re: Chainlink or Polkadot?
« Reply #22 on: December 05, 2020, 09:53:31 PM »
The position of chainlink and polkadot is much better in the market. The amount of lord is going to be traded. The trend of improvement can be seen in different types of conferences. The #DevelopmentTeam  is very active. If you want to know any information from support, it is possible to get a reply very soon. So I think such projects or coins improve.

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Re: Chainlink or Polkadot?
« Reply #23 on: December 05, 2020, 10:49:41 PM »
^ I prefer Polkadot. I see the great potential in the future is in Polkadot, why don't I choose Chainlink because I am afraid of the DeFi hype and have very dim potential in the future.
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Re: Chainlink or Polkadot?
« Reply #24 on: December 05, 2020, 10:49:48 PM »
Polkadot is my choice. this is new but it offers also a good platform. this can be another way to build a token based on Polkadot parachain. but well, actually both link and dot are good options to have right now and fir the future
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Re: Chainlink or Polkadot?
« Reply #25 on: December 06, 2020, 08:22:17 AM »
I like Polkadot more than LINK. Because Polkadot has more real life use cases than LINK. Polkadot solves all of the problems that we face with ETH and also has all the features of ETH. So i am very excited about Polkadot because if its able to attract the people's it can go a long way I think.
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Offline sumaiyashimu

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Re: Chainlink or Polkadot?
« Reply #26 on: December 06, 2020, 11:01:20 AM »
I like to hold cryptocurrency all the time,
At present I have in my wallet some more coins including LINK, DOT, BTC, ETH, BCH, SXP.
Knowing the details about the future plans of LINK, DOT, then hold and I hope to get a good profit.

Offline sugarchrisp

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Re: Chainlink or Polkadot?
« Reply #27 on: December 06, 2020, 10:38:42 PM »
After the update, Ethereum will be able to provide new fuel for Defi ,against this background, we should expect a greater growth of Link, compared to DOT, but I think this is 2 strong coins!
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Offline MRM

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Re: Chainlink or Polkadot?
« Reply #28 on: December 06, 2020, 11:00:26 PM »
By 2020, many new coins or tokens have improved. Which have not found any coins in the market in the last two years. The mentioned coins occupy a good position in both the markets. Many coins are in the top position. In the future like 2021 coins will do better.
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Offline EmoneyABC

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Re: Chainlink or Polkadot?
« Reply #29 on: December 06, 2020, 11:10:39 PM »
In my opinion both are good but Polkadot has more chance to grow much higher, they still have to deliver and if it will be really ETH concurrent then chances are it will be very fast in top 5. Polkadot in my opinion has much more to offer as Chainlink but maybe I underestimate it a little as an Oracle because there are new better once already coming like API3 https://api3.org/
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