/biz/ - Business & Finance

remember the conference back in 2017, when chainlink dumped form 52 cents down to 15 cents. Fuck that fucking day, I tore my heart out. All my savings. I sold at fucking 15 cents after going all in at 52 cents. Now I am a poorfag. I don't own any LINK. tomorrow the big day comes. I stay on earth. You go to the moon. have a nice trip ;)

>don't expect any news around SIBOS itself
>news comes anyway that a list of major companies are DIRECTLY involved in LINK's demo:
AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

As if simply being the only external crypto dev to do a demo for SWIFT wasn't big enough.

And yet, the price effectively went sideways.

At this point, everyone and their dog knows LINK's price is severely undervalued, being held back by only being on one exchange.
A single fake sell wall on that exchange can keep the price of LINK down.

When LINK hits one more big exchange, oh boy.

So SIBOS is in 3 days.

The price of LINK has been bouncing between 40-45 cents for just about two weeks now.
Let's assume the price stays that way until SIBOS.

Therefore:

1) There are a lot of people currently holding who bought around the current price over the past two weeks.
> They will obviously not start selling at/after SIBOS if the price remains constant.

2) Then there are also a large number of whales and whale-lets who are still holding from the ICO.
They have had two weeks to sell at the current price (40-45 cents), but didn't.
Whales tend not to gamble, so they are likely not waiting around for a flash pump just hours from SIBOS, when they had two weeks to sell at 4x their buy-in price.
> They will also not start selling at/after SIBOS if the price remains constant.

Then there are the people who bought in somewhere between the ICO price and the current price.
Again, these people must have bought in over twee weeks ago, since the price of LINK has remained around 40-45 cents for two weeks.
> They will likely not start selling at/after SIBOS if the price remains constant.

So if the price stays constant, chances are good there will be no retarded "sell da noos" dump around/after SIBOS. (even though there is no news to sell)

If a flash pump does occur, you could reasonably expect a flash dump too, with very good support at around 30-35 cents if things go badly enough.

Reminder that there will be no "news" and no "announcements" at SIBOS.

Chainlink is doing a live demo of a proof of concept developed with/for SWIFT at one of the biggest finance conferences in the world.
The topic: one of the hottest items in today's finance: smart contracts.

If this alone does not get you sufficiently hyped, then you need shock therapy.

AGAIN:
- no news
- no announcements
Only one big giant marketing opportunity for Chainlink

>"You should sell at SIBOS bro! Buy the rumor, sell the news bro!"

What rumor?
What news?

The news was "LINK is doing a demo for SWIFT at SIBOS", and this news came months ago.

There is no rumor.
There is no news.

There is only the marketing opportunity SIBOS brings for Chainlink.

>buy shares in company X
>company X is about to do a superbowl commercial
>sell shares the day of the superbowl commercial

t. retards planning on selling their LINK come SIBOS.

ChainLink. They had a working product BEFORE the ICO and have been working on it since before Ethereum was created.

They also have SWIFT as their paying customer and have a big conference on October 16th at SIBOS.

It's as legit as it gets.

Think past SIBOS, and October 16th. Don't be so short sighted as to sell early, anons.


The SIBOS pump is nothing compared to the full potential of LINK. It will just be the beginning.

Most of us missed being early adopters of crypto (sub $200 btc, sub $10 eth, etc.).


This is our time to catch something revolutionary. Don't be left behind.

Reminder that SIBOS (Oct. 16) is NOT a case of "buy the rumor, sell the news".
Simply because there is no rumor, only news.

Because you see, we know EXACTLY what will happen at SIBOS: a live demo of the 'proof of concept' Chainlink/Smartcontract developed with/for SWIFT.
https://www.sibos.com/conference/conference-programme/bridging-dlt-and-swift-messaging-smartcontractcom-innotribe-industry

This is not your old "BIG NEWS COMING" that turns out to be nothing at all, like you see so often in crypto. No no.

The ONLY thing that will change after SIBOS is a lot more people will suddenly become aware of Chainlink/Smartcontract and their relationship with SWIFT.

Selling at that point would be dumb.
Selling before Oct. 16 would be retarded.

>16 October

>SIBOS conference.


>10:15 am to 10:45 am Toronto time.

>Smartcontract/Chainlink will carry out a live demo of the project they developed with SWIFT (!!!!!!).

Mark this date and time in your calendar IN BLOOD.

https://www.sibos.com/conference/conference-programme/bridging-dlt-and-swift-messaging-smartcontractcom-innotribe-industry
(note that this is the official SIBOS website)