/biz/ - Business & Finance

>>58659094
Except he's right.
Link's entire token emission history shows a positive correlation between unlocks and pumps. Both at the macro and the micro levels.

- Macro level:
>Sergey starts unlocking in mid-2019
>Link pumps from $3 to $50

>Sergey stops unlocking in late 2021
>Link crashes from $30 to $6

>Sergey starts unlocking again in mid-2022
>Link crabs for a year then pumps from $6 to $15-20

- Micro level:
See pic.

>>58656355
>they sell off into every pump
It's the opposite, see pic.

>>58656006
>I'm not invested in other crypto
If you want to know how supply cap risks affect the price of a crypto (like Link), you only need to look at the general crypto market.

>>58656035
>Let's just say it's more unlikely for it to happen to Bitcoin than to others...
No it's really not.
Nodes are still over 90% subsidized, and three halvings haven't changed that one bit.
Odds are very good that miners will vote to increase total supply, lest they lose 90% of their income.

>we're specifically talking about the threat of unexpected supplycap increases
Any crypto with a hard cap can have an unexpected supplycap increase.
Also, cryptos with no supply cap have inifinite inflation risk.

>>58639123
>>the dumps are actually bullish
This but unironically

>>58633087
>Sergey's dumps depress valuations

It's the opposite.

>>58632087
>The demand back then was so high it pumped despite the dumps

This is still the case. See pic.
What's keeping Link down isn't the token dumps, it's the Bitcoin dumps on Link news.

>>58613961
>So on a very short term view
They were proven even more correct in the following months, pic related.

>>58613960
>OP is honest!
>I'm not defending OP!!

>>58457423
>>58459093
He's right, Link token dumps are positively correlated with price pumps.