/biz/ - Business & Finance

Ok faggots, let me explain something. The Price of LINK is being heavily manipulated to encourage you fuckers with 500, 1000, 10000 itsy bitsy tiny little bag holders to SELL and it is working. Whales are scooping this shit up like candy and they are LITERALLY taking your money. This is also the 3rd time there has been a massive shake down, crushing all you weak handed cucks.

Take a look at the top 100 LINK wallets. MOST of them have never even fucking touched their coins from ICO. Shit, look at the top 500 wallets (ive inspected, personally about of the 800 top wallets the past week).

Heres what you need to understand, this manipulation is happening only on Binance and Binance has never held more than 3% of the entire LINK supply. Rest assured, PEOPLE ARE NOT DUMPING LINK, they are strategically driving the price down. This isnt my opinion either, this is what the data says and its all available to you if you have half a brain and the patience to do some digging. Take a look for yourself, here is a head start:

https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca#balances

In summary, if you've sold link at a loss, you're a fucking idiot. If you have sold for profit, great, but understand. Link wont stay under $1.50 forever.

Now, cue the FUD.