/biz/ - Business & Finance

>>25746455
baste

>>18512972
350 open market, 300 reserved for market dumping (to fund future development) presumably through iceberg orders, which may or may not have happened with the 700k moves, we still don't know for sure what happened with those except that they ended up on binance, closest thing we have to confirmation is this line from this blog https://blog.chain.link/growing-chainlink/
>We do sincerely appreciate our community’s continued support and understanding as we expand the number of people working on Chainlink, and we will of course do our best to ensure that our expansion plans are accomplished responsibly, carefully managing the company's resources, capital and LINK, with a focus on continuing to create an overall positive effect on the Chainlink network over the long-term.
and finally, 350 for node incentives, this one is the least clear but it seems to mean 2 things: chainlink is paying nodes with LINK until the network is more mature, LINK will be distributed to nodes to be used as stake so they don't have to buy it on the open market, so it's another way to incentivize nodes to join the network, some think this is bearish but i do not, choose for yourself

>>18513041
Additionally, wouldn't this add to the volatility of the LINK market?
not in the downward direction, since there is more and more LINK being deposited to long more and more LINK to accumulate (and keep out of circulation) more LINK then sell pressure decreases, buy books will be thick and sell books thin, only volatility will be up, i mean people could be borrowing LINK rather than depositing it but that is very very far off the current prevailing trend (borrow rate for LINK is 0.28% for fuck sake, no one is borrowing/shorting LINK)

>>18346000
they do it to fuck with us

>>16915853
>sends 1 billion USD for 80$ in under an hour
heh

>>16559064
every market that requires you to buy low and sell high, or sell high and buy low to make money is a ponzi, once you realize this you will be free

>>14494341
there are still plenty of good people here, just ignore the faggots

Heh...this is my kinda thread fellas....