/biz/ - Business & Finance

it's sergeys old chair for me

> 7.30am somewhere in california
> an alarm goes off in a messy room
> a morbidly obese russian looking man rolls around in bed letting off a thunderous fart
> he checks his phone, turns off the alarm and scrolls his notifications
> he has a price alert, LINK is at $17
> he suddenly sits up, huge rolls of flab layer under his sagging man boos. his massive weight causing the entire bed frame to groan and shake
> he quickly pulls a disgusting food stained macbook up from the floor where it lies next to discarded mcdonalds food packaging
> he opens up binance, goes to link/usdt market sell tab, sets 250m link and hits sell
> he lets out another huge fart and rolls back into bed

reminder that sergay betray has a net worth of over $500 million dollars.
he already made it 1000 times over.

the price of link is not important to him. hence no hype, no shilling and no marketing.

help me understand pls
afaik coins only pump for 2 reasons:

> shitcoin/jpeg speculation (eth, bnb)
> apy yield farming/liquidity farming (l1, l2s, shitswaps)

i cant think of a single coin that pumped because of its native utility.

it may be that chainlink is needed but crypto in its entirety is not even a 1 trillion industry - so the utility itself is not even enough to sustain them as a business hence the constant dumping

on the bright side, i won an auction on ebay for sergeys old office chair!