/biz/ - Business & Finance

>>15436486
Bezos owns 12%.
And he's selling to fund something that's not even Amazon related.
Also, Chainlink owns 30%, not 65%.
Pic related.

Keep trying so very, very hard.

>>15320964
>b-but the devs controlling 2/3 of the tokens means nothing!
Whether it means something or not, it's been known since BEFORE THE ICO that they controlled 2/3 of the tokens.
Pic related.

So whining about it now just makes you look like a newfag retard.

>>15313510
>why did they need more money than they raised during ico? did they run out?
Pic is from BEFORE the ICO.
You're an idiot.

>>15309852
>Ask why they've been moving 700k to Binance every day for a month now.
Two reasons off the top of my head:

1) pic related (this is from before the ico in 2017)

2) this blogpost from early July: https://blog.chain.link/growing-chainlink/
>"In order to help us achieve these goals, we do expect additional influxes of capital into Chainlink"

You must be very new not to know about this.

>>15230677
A billion is a billion.

Also, why are you whining about the team owning 65%?
This has been known since before the ICO.

>>15217787
>it is expected that they at least drop a subtle hint of what is going on.
They do, you're just too new/dumb to realize.

Pic related is from before the ICO, and this blog explains what's going on right now: https://blog.chain.link/growing-chainlink/

>>15216013
>Nope, they are unlocked and can be dumped any time they want.
See pic.
Protip: it's from BEFORE the 2017 presale.

Imagine being this much of a raging newfag.

>>15216027
>why are you putting calculation in quotes?
Because it's based on 650 million, and not 300 million like it's supposed to.
Retard.

>>15215520
>ChainLink haven't posted any policy on how they will handle those funds
Except they have.
See pic and this link:
https://blog.chain.link/growing-chainlink/

>Sergey's selling indicates that his incentives don't line up with his bagholders
Of course it does.
Funding the project ultimately benefits holders.
Same reason Amazon's policy is to sell 1 billion USD worth every year.
With occasional spending sprees like last week's 3 billion USD worth.

In short, you're an idiot.

>>15002507

>>14887052
>>14887067
t. raging newfags

Pic is from before the ICO.

>>14878233

>>14866575
rope yourself fucking newfag, pic related from the ico

>>14834149
>he's a scammer
Pic related is from before Chainlink's ICO in 2017.

Remember last few weeks when stinkies would post about some literal who thats gonna run a chainlink node, in a glorious proclamation of successful partnership. WELL it turns out that Sergay will literally pay them an obscene amount of money to do so. Pic related

>>14833426
hellow newfren

Pic is from 2017 btw.

>>14832601
>FUCKING SERGEY IS DUMPING
See pic.

>THAT'S WHY LINK FELL THE MOST
Link's CMC rank at ATH: 16
Link's CMC rank now: 16

Sorry about your little fud, bro.

>>14831217
>exit scamming
I don't think you know what that means.

>>14812739
You mean like Sergey "dumping" out of the blue, without any warning being given nearly two years ago in the form of pic related?
Or a well-reasoned announcement earlier this month in the form of this blogpost: https://blog.chain.link/growing-chainlink/
?

Link is worth a lot of money now thanks to their efforts, and the team now has access to huge sums with which they can hire the finest assets and managers, acquire companies, foster partnerships, ... basically buy their way to the fucking top.

All you fudding faggots are nothing but raging newfags.

Pic related.

>>14795577
>dumping with no communication whatsoever
They communicated it in 2017 (pic related), and they communicated it earlier this month:
"In order to help us achieve these goals, we do expect additional influxes of capital into Chainlink"
https://blog.chain.link/growing-chainlink/

Maybe you should stop being angrily ignorant.

>>14740560
30% of Link tokens were always meant to be used by the project, newfag.

Btw, Vitalik sold chunks of his PERSONAL stash whenever the price of ETH went up. Anything to say about that?

>>14730614
>>14730709
It's not being sold.
>https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca#balances
Look at wallets 12-17.

I'd imagine a portion of it is being slid to other wallets as well. You can throw shit into binance and then withdraw it to completely hide which wallets you are sending funds to.

>>14730600
Pic related is the only information we have.

>>14723511
>>14723514
I'm willing to hear all sides, but piss the shit off with this "they're dumping" bullshit.