/biz/ - Business & Finance

>>11519143
Well it is pretty amazing what happened.

>huge partnership out of nowhere
>anemic little pump
>immediately followed by slow dump that completely reverses the pump

And as far as we can tell it's still dumping, and if it does, it'll be like the Web3 partnership was BAD news.

>>11519143

Cool, just bought 100k more

>>11519177
I mean sure a lot of the gains from that 27% pump were reeled back, but it is up 15% over 3 days on the ETH pair

>>11519177

What does web3 even do anyways? Most of Link's partnerships have been with no name backend companies that only blockchain nerds know about. Openlaw, ZeppelinOS, Accord? Never fucking heard of them before, and to be honest I think these companies need Link more than Link needs them. These are just tiny little blockchain legal companies that are fucking useless without Link since without Link what's the fucking use of putting anything on blockchain anyways. BTC, ETH, LINK and maybe XMR. That's it, that's blockchain, anything else is a worthless joke with no use case. What is the purpose of blockchain companies existing without Link?

What do Link's partnership companies like web3 even fucking do?

>>11519197
>but it is up 15% over 3 days on the ETH pair
All ETH gains are almost back to zero too.

It boggles the mind that, even during an uptrend for Link, huge partnership news does nothing other than a little bump.

>>11519262
It's a project by Gavin Wood, one of the main guys behind ETH who invented Solidity.

>>11519262
>what is web3
>web 3.0
You’re actually retarded and don’t deserve to invest in crypto. Just sell your shitcoins and don’t come back

>>11519143
>what is a new support

goddamn newfags are so annoying.

>>11519385
So the price before the pump was the new support?
Also, no support in sight yet, it just keeps trending down at the exact same rate.

>>11519143
look at that chart. stink was a perfect alt play for the summer bear

>>11519302
does it really boggle the mind though? there's no reason for the token to exceed $1. The code is all open source. A shadow fork is actually a real concern that linkies willfully ignore.
Chainlink is trying to build a public oracle, but companies want privacy. SGX won't cut it when companies can just run a fork of chainlink on their own machines at all of their physical branch locations around the world.
Doing this they'll be able to get more decentralization cheaper and they won't have to worry about privacy issues. Linkies are retarded if they think a public oracle solution will exceed 350 mil market cap.

lol

>>11519446
>there's no reason for the token to exceed $1
There's no reason for Bitcoin to exceed $1 either.
Or Amazon stock.
You're a retard.

>Chainlink is trying to build a public oracle
You have no idea what you're talking about.

>>11519446
This desu. Anyone who thinks LINK will exceed its use beyond pathetic crypto startups is retarded. Big business can decentralize their data to the point where it's safer and cheaper to run oracles privately than publicly, also obviously it's private which is a huge advantage over LINK. If you look a bit deeper into chainlink you realize it's a bandage solution and most likely only viable for experimenting blockchain startups.

>>11519542
>There's no reason for Bitcoin to exceed $1 either.
>Or Amazon stock
Yeah because bitcoin and amazon are exactly the same thing as chainlink /s
>You have no idea what you're talking about.
Do you know what chainlink is? Have you even read the whitepaper? It's a public oracle provider. The tech is open source i.e. not patented. Anyone can take the tech and run it in a private environment. Companies are building their own private blockchains as we speak. What makes you think they won't use private forked chainlink tech as well?

>>11519262
>Swift
>noname backend company

>>11519555
Checked. I honestly find it hard to believe that there are more than a couple dozen retards who bought link thinking big banks would use a public oracle to handle extremely sensitive info (like billion dollar transaction info lmfao)

>>11519582
>Yeah because bitcoin and amazon are exactly the same thing as chainlink /s
I didn't say they were the exact same.

>It's a public oracle provider.
You're in the wrong place if you think "decentralized" is the same as "public".

>The tech is open source i.e. not patented
fucking lmao
https://patents.justia.com/inventor/sergey-nazarov

Not only are you clueless about Chainlink, but also about the very basics of the topic.

it seems pretty stable now, is 6k the new normal?

>price going down
>fud going up
Thanks for the buy signal, discordbros

>>11519555
Checked and this. I bought req and link when I was a crypto noob but you have to learn from your mistakes, only invest in the big 4.

>>11519614
this is the state of linktards right now
>You're in the wrong place if you think "decentralized" is the same as "public".
The tech involves decentralization and intel sgx. The 'public' part refers to the fact that it is an oracle that the general public can use.
>https://patents.justia.com/inventor/sergey-nazarov
sorry, but which one of these patents describes chainlink? Chainlink is open source you absolute mongoloid.

>>11519417
>keeps trending down
jesus fucking christ it's been only two days since it hit its local ath, have some patience to call something "trending down". this could very well be a correction for all we know

>>11519143
>>11519262
>>11519302
>>11519385
>>11519446
>>11519555
Chainlink is literally a scam HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>11519177
>>11519302
>what is volume
pumps happen with strong volume, dumps with low volume. just look at the charts brainlets.

>>11519650
>The 'public' part refers to the fact that it is an oracle that the general public can use.
The same applies to safe boxes.

>sorry, but which one of these patents describes chainlink?
All of them.

>Chainlink is open source you absolute mongoloid.
It's actually kinda cute how ignorant you are.
Well not 'ignorant', just plain stupid at this point.

>>11519582
>/s
You have to go back, faggot!

>>11519663
I know it's only been two days.
But the trend channel for those two days is absolutely linear. Even if only for two days.

>>11519668
>pumps happen with strong volume, dumps with low volume
Oh I agree.
We're currently at 1/7th of the pump volume.

Still, it's baffling that the entire pump has been wiped out at this point.

>>11519674
>The same applies to safe boxes.
Right because you would use a safe box to hold a billion dollars worth of bonds and derivatives. lmfao
Intel sgx has proven it is vulnerable to attack. https://arstechnica.com/gadgets/2018/08/intels-sgx-blown-wide-open-by-you-guessed-it-a-speculative-execution-attack/
Trusted hardware my fucking ass. This shit will not be trusted when the privacy of billions is on the block, especially when the code is open source and easily made private.

Once again, as usual, OP is an insufferable brainless retard with a dick the size of an oat.

>>11519582
>/s

>>11519586
Swift, is that the organisation Chainlink did the POC with 2 years ago now?

>>11519143
>sad
Stupid memechild detected. Opinion discarded.

>>11519736
>Right because you would use a safe box to hold a billion dollars worth of bonds and derivatives. lmfao
Well yes.
That's what people do.

>Intel sgx has proven it is vulnerable to attack
There's more to hardware enclaves than Intel SGX. If you had read the whitepaper, you'd know that. They're just the most advanced at the moment.

>especially when the code is open source
Still as clueless as a turd with a question mark toothpick flag.

Protip: pretty much all servers in the world run on Linux, which is open source.

>>11519143
Welcome to link where the shills are small bag holders, the fudders are massive bag holders with iron hands and the only people who aren't certain it will moon are the people with no bags at all.

10k eoy

>>11519742
People on this shit board only look at the 5 min candles.

>>11519698
>We're currently at 1/7th of the pump volume.
>Still, it's baffling that the entire pump has been wiped out at this point.

I think it's funny, that pump had huge volume, still went almost nowhere and got completely wiped out the next day. it literally created the next generation of Link bagholders.

So fucking many people bought Link during that pump and every single one of them is bagholding now. Kek. The resistance to climb back up through all that is gonna be hard.

>>11519926
What makes you think "so many fucking people" bought spud? Could have been one and you wouldn't have a clue

>>11519935

Possible. Either way someones bagholding a fuckton. I warned people not to buy during the pump the other day and still I saw faggots saying they were moving money to exchanges to jump in mid pump. Fucking kek. I think they deserve bagholding to be honest.

>>11519967
Or they're thinking long term, you cuck.

>>11519988

No one thinking long term panic buys into a pump with huge market orders, that is short term rushed thinking and retarded. I am 99% sure it was a few dumber whales and thousands of dumb little linklets buying the other day.

>>11520019
>No one thinking long term panic buys into a pump with huge market orders
There was a partnership with Web3.
This likely informed and convinced people of the legitimacy of Chainlink, prompting them to make a long-term decision.

Maybe one day you'll understand, after your voice changes.

>>11519988

>long term
>R:R is what
>buy top of short term mega dildo with all indicators exhuasted
>”long term”
>fomo in short term

>>11520034
See >>11520023

Not everyone is a TA-sucking, witching rod-swinging, spirit crystal-chewing new age faggot.

>>11520034
Also, very few people bought the top. That's why it was the top; people stopped buying.

>>11519851
people here unironically think swing trading is selling after a pump and buying minutes later after it goes down like 50 sats. It's why they always complain about the volume.

>>11520023

>muh web3 partnership

Ah yes, the partnership that caused a 4 hour pump and an ongoing 2 day long dump that completely wiped the former out. What a partnership.

Long term investors DCA, absolute retards FOMO in at the top with their entire stack. What kinda retard needed web3 to legitimize chainlink int he first place though, if you hadn't bought before that you are a goddamn moron beyond saving.

>>11519798
>iron hands
honestly what did gamefreak^tm mean by this?

>>11520060
Lol, the volume was insane. A lot of ppl did

>>11520067
>>Ah yes, the partnership that caused a 4 hour pump and an ongoing 2 day long dump that completely wiped the former out. What a partnership.
Imagine being such an absolute brainlet that you judge the merit of a partnership on the resulting price action.

Web3 is huge. Deal with it.

>Long term investors DCA, absolute retards FOMO in at the top with their entire stack.
See >>11520047
and >>11520060

>What kinda retard needed web3 to legitimize chainlink int he first place though
Chainlink is very much an unknown to tons of people, even in crypto.

How old are you, anon?

>>11520091
If "a lot of ppl" bought the top, it wouldn't be the top.
The top is the top because "a lot of ppl" stopped buying.

>>11520095

Lmao. Look at hourly candles. It was at 7-7.6 for a while with hugr volume.

A lot of ppl bought the top.

>>11520095

Why are Link bagholders so disingenuous? Yeah not many people bought at 7500 sats obviously, but fuckloads bought over 7k sats and fucking huge amounts bought over 6k sats. Pretty much everyone of them is bagholding right now except the guys who got in in the first 2 minutes of the pump.

>>11520092

Right so you are just gonna be a retard. Well I guess your purposeful ignorance of TA has resulted in you being a bagholding faggot. You judged that web3 would be big enough to result in a bull run, and look at you now, your holding heavy bags. Bet you wished you took notice of those tea leaves now you stupid fuck.

Who would win /biz/? A web3 partnership or a little bandy boy?

>>11520127
It was over 7k for a total of a few minutes.
The top is the top because people stop buying.

>>11520139
>Yeah not many people bought at 7500 sats obviously, but fuckloads bought over 7k sats and fucking huge amounts bought over 6k sats.
We were talking about "the top"

If the phrase had been "tons of people bought the pump", then sure.
But very few people ever buy "the top" of anything.
That's what makes it the top.

>You judged that web3 would be big enough to result in a bull run
Web3 is huge, regardless of whether it causes a bull run or not.
Even unmonetized projects can have huge partnerships. Crazy, right?

>your holding heavy bags
I have unironically never been in the red on Chainlink.

>Who would win /biz/? A web3 partnership or a little bandy boy?
Imagine being such a massive trenchbrain that you judge partnerships on the resulting price action.

>>11520175

How fucking autistic are you. Lmao. Ofcourse only 1 person or so buys the literal top. Holy fucking shit you retard nobody is talking about that whwn we say the top. We are saying the top level.

How do you even breathe?

>>11519143
You and your pals are idiots. Link is up over the past 30 days. Kek.

>>11520196
>Ofcourse only 1 person or so buys the literal top.
Exactly. And few people buy the general "top".

It's just funny to me when faggots try to make things seem even worse than they actually are by implying everyone involved in the pump bought the top.

>>11520175

>I-i-IT WAS ONLY A FEW MINUTES!!!

Why lie anon? We can all just go check the charts. Look I'll go do it right now-ohhh no no no no no THE SECOND BIGGEST VOLUME CANDLE HAPPENED 100% OVER 7k FUCK FUCK FUCK

HAHAHAAHAH AHAHAHAHAA

>>11520216

Im disagreeing with you. You are pedantic. Maybe autistic. How do you not undsrstand what the top means in the context we are discussing?

Many ppl purchased the top level. Huge volume.

>>11520210
Google Gavin Wood dipshit, you think him and his team are signing up to partner with a scam?

>>11520222
That pic confirms it.
And I was talking about the aggregate of exchanges.

>FUCK FUCK FUCK
>HAHAHAAHAH AHAHAHAHAA
Again, how old are you?

>>11519143
SAY IT WITH ME /BIZ/!
HIGHER HIGHS
>LOWER LOWS!

>>11520241
>How do you not undsrstand what the top means in the context we are discussing?
Because the implication was everyone involved in the pump bought the top.

You retard.

>>11520222
How shit is your life that this is what you focus energy on. Bahahaha, what an absolute fucking brainlet. Remember later on in life this is what you wasted time on

>>11520245
Wrong quote breh.

>>11520265

Nope. You seem to be the only anon who interpreted it that way

>>11519143
Did this picture cause the drop?

>>11520253

1 year ago Link was 52 cents! Now it can't even pump past 46 cents with a web3 partnership. LOWER HIGHS LOWER LOWS FUCK ZOOM OUT PEOPLE LINK IS ON AN OVERALL DOWNTREND!

>>11520285
Fuck wrong picture,

I meant this?

>>11520275
See pic you turbocuck.

The other retard was talking about people buying "during the pump" and "in the middle of the pump", and you turned that into them buying "the top".

>>11520289
>1 year ago Link was 52 cents!
Link was 24 cents one year ago.

Also, that's not how trends work lol.

This is what happens in a bear market. The fact we've gone up 70 ranks in a 3 month uptrend in this market is what matters

>>11520289
>LOWER HIGHS LOWER LOWS FUCK ZOOM OUT PEOPLE LINK IS ON AN OVERALL DOWNTREND!

Hahaha imagine actually believing this.

>>11520289
>Doubled in value since Jul
>Downtrend

Imagine being this retarded.

>>11519262
How in the fuck do you think DApps get built retard?

>Hurr durr...these back end companies are worthless nobodies.

Seriously sell all your crypto then kys.

>>11519417
Yes you fuck. Have you actually been watching the charts at all? Newsflash. This is how LINK works.

>LINK is sideways
>Pumps 25%
>Retraces 10-15%
>Repeat steps again

How in the fuck can't you noobs see this? It's like a fucking step ladder to the singularity.

>>11519641
>Bought REQ

>>11519698
>he unironically watches the 5 min charts

>>11521319

Volume has been decreasing each pump anon, each week that Link goes up we are getting less and less volume, which means the uptrend is not a healthy one and a reversal could happen soon. Then instead of new floors you'll be getting new ceilings.

>>11521281

You miss my point completely. I'm not saying they aren't necessary. I am saying they are no name backend companies no ones fucking heard of before.

>>11521281
>Seriously sell all your crypto then kys.
I disagree, I think he should kys first, to act as coin burn.

>>11521360

How about you zoom out yourself and stop watching the 1 day charts and start looking at the monthly. The uptrend is weakening and we are due for a reversal any time now.

4 months up in a row, this is Links longest uptrend ever, we are getting less volume each month which signals weakness in the uptrend. We are encountering previous resistance points in the price which Link will bounce off beginning a new downtrend. Think of elliot wave theory. This is wave one, it's just about over now, we are about to enter into wave 2 which will be a 1-2 month long downtrend. We could easily retest 4k sats or even lower.

>>11521319
Don't put all your eggs in TA, anon. Mainnet could be announced any time and you will be out while the price skyrocket.

>>11521367
You want to know why volume is decreasing with each pump? Because there's nothing to buy at a good price. Only smart people are buying LINK right now while small time swing traders are trying to make a stack for themselves. Smart investors aren't buying the top of these pumps. They let the swing traders take their profit, then they wait for the retrace to buy more. Also, Chainlink isn't even advertising it's existence yet. Think about that.

Of course no one has heard of these projects before and they don't need to. They aren't for normies to buy into.

>>11521455
>>11521401
Fuck I fat fingered this is the one I wanted to respond.

>>11519262
>emotional LINK response
>NPC.jpg

>>11521401
Not gonna happen, but I hope you are right so I can buy more. LINK has no reason to go down before mainnet as more people find out what it is as it climbs the CMC ranks. A mainnet dump will likely happen, unless there's some crazy announcements by big players saying they will utilize the network. That probably won't happen. They'll likely be a couple months of slightly down or sideways after that until usage picks up from projects coming online using the network.

>>11521459

Yeah you are talking about me anon, I am one of those smart investors not buying these recent pumps. It's just getting too expensive. I've got a growing fiat stack of paychecks sitting around now because I stopped buying.

You know what happens when it gets too expensive. Well the trend reverses and the price returns to where the volume is.

>>11521455
>>11521468

I would never sell all of my stack but Mainnet wont be a surprise release either.

>>11521485

It absolutely will, to stay healthy the price has to retrace down sooner or later. It likely wont test new lows, but will test previous resistance points and floors, before starting the third wave and resuming up again around January next year.

>>11519262
bullish af post
this is an average crypto normie
we truly are the innovators right now

>>11519586
they won a contest

Link continues to be one of the best crypto investments this year. Stay mad, salty, etc. and remember that this board was full of people saying not to buy link at 4500 sats just a couple weeks ago

>>11521521
Well, either way. You know it's going up. It either continues to go up now or it doesn't, but it definitely will be higher than where it is now in q1 of 2019. There's too much happening.

>mfw i sold the top
Still going to sell until about .38. Then going to buy the bottom out. Thanks guys

Imagine the desperation of discord swing traders, LMAO. Imagine the stress. Sitting here with 160k link sipping cocktails

>>11521521
So you are definitively saying no more link pumps until January? Lol. Ok bro

>>11521624
Here's what I think happened to them. If you look at the one hour charts you can see that LINK pumped from 5.5k up to 6k sats just before the conference. 6k was their target and they dumped because you always sell the news-- the RSI looked to be maxed out, and that would be the end of the pump.

But then out of nowhere Sergey himself announces the Web4 partnerships (for whatever that's actually worth) and basically let's it slip that mainnet is ready. LINK pumps to 7,5K and then begins to retrace. These faggots got BTFO, just like they did in at the end of Sept, and once again their shitting up this board, as if it makes a difference at all.

It's almost funny watching them but it's a big waste of my time reading all this BS.

>>11521600

Yeah but all the news ends in about a week. The last conference is the devcon one on the 31st. There might be some small things after that but nothing big anymore, so the news will dry up and I think the news and hype for incoming conferences was a lot of what supported the recent pumps, and not just talking about the one the other day, but the jump from 4k to 5k and that price holding was people anticipating these conferences having good news.

>>11521652

If you just think we will go up forever and never have a red month again. I mean even on the weekly there have only been 4 red candles out of 14 candles. Do you think this is sustainable?

We've got to have a pullback eventually or it will become a very unhealthy uptrend.

>>11521624
I can smell the anxiety through all of their inane TA babble.

>>11521744
Notice how they make definitive statemetns rather than saying 'i think this will happen'.

This is how the get just'd in the first place. Lead pajeet tells them 'sell the news, there will be nothing', and then they get BTFO and sit here making 15 replies ITT telling you that the price is certainly going down in the future.

>>11521744
>I think the news and hype for incoming conferences was a lot of what supported the recent pumps
What supported the recent pumps and uptrend in general was news like partnerships and new major exchange etc.

>>11521744
There could easily be sustained buying for weeks after Devcon. We don't know what will happen there. And these "pumps" have really just been new sets of people finding LINK and buying and holding. We will take another couple steps up and go sideways until the next big out of the blue announcement like Web3 integration. And there will be one. They just keep coming with LINK.

>>11521721
>>11521768

Pathetic. I already stated here >>11521521
that I stopped buying these pumps ages ago. I've got tons of fiat laying around waiting for a good dip back into the 3k region.

I don't sell or swingtrade myself. I have no problem if others do it, good for them. I just accumulate with fiat and it's getting to expensive for that.

>>11521367
>>11521401

you're trading waaaay too technical bro. I promise you that type of trading is not sustainable long term.
We dont hold LINK because of any TA we do on it. We hold it because it has the strongest fundamentals in this market. Its our pocket Aces.

>>11521812

Same for me, in fact, I don't trade Link at all. I just buy and hold. But that doesn't mean Link is immune to the market. It will retrace. It's followed the market before and it will do it again, it wont just continue to go up up up and up. Someone out there is gonna take profits when they realize the volume is drying up and the uptrend is weakening.

If I never get to buy any Link ever again, I still have more than enough to make it right now. But I just don't like having so much fiat sitting around, and if I fall to FOMO and buy now like the idiots the other day during the pump, and it does retrace down, then I will be kicking myself for wasting months of saved wages buying at the top.

>>11521798

It's possible, but even so, but I don't think Link can pump much more without a healthy retracement first.

>>11521788

Earlier on yes, and the uptrend was healthy in those stages. In the later stage it was just hype and waiting for Linktober's surprises, and that is when the price was pushed too high without enough volume and this uptrend became unhealthy.

>>11519143
>Link poopy cause it dun go straight up, duuuuhhh blown up r butt

>>11521891
keep in mind this whole time BTC was trading sideways. When BTC decides to do something up or down. /biz/ will hold and the rest of the people that chased a pump or didnt do the research will chase another pump or cut their losses. No matter what anyone says link is going down. Hell even check the pivotal tracker. They keep adding shit to it.

>>11519143
Thanks for posting this.

>>11521891
> In the later stage it was just hype and waiting for Linktober's surprises, and that is when the price was pushed too high without enough volume and this uptrend became unhealthy.
What a load of bullshit.
Link's uptrend has been very gradual since June, and you're talking like we've been going parabolic or something.

Also, 'Linktober'?
You don't honestly think fucking /biz/ autism has any effect on the price of Link, right?

>>11521927

What' with this meme that /biz/ doesn't effect Link yet at the same time it's /ourcoin/ and no one but /biz/ really knows about Link. Which one is true. Because if we are the only community really balls deep in Link, then of course this board could affect it.

I don't use other social sites besides 4chan so I wouldn't know about them honestly.

>>11521920

I think it's a good point, a lot of the nulinkies will dump to jump in BTC if it stats moving again. And since it might be getting ETF's approved soon, BTC could be in for a bull market. Which means Link will be forced to retrace downwards for a while. It will also lose sat value as BTC price increases which will encourage selling.

>>11521973
its so weird to have a real discussion on here. Usually its impatient poor fags trying to get people to fomo in

>>11522000

Checked.

Buy LINK

>>11521973
>What' with this meme that /biz/ doesn't effect Link yet at the same time it's /ourcoin/ and no one but /biz/ really knows about Link. Which one is true.
Right.
/biz/ has been extremely bullish on Link for over a year now, and yet it never mooned, and was in fact a pretty terrible performer throughout its lifespan.
That should tell you all you need to know.
Nobody who actually impacts the price of Link cares about /biz/ autism.

Also, Link's uptrend has been very gradual since June, and you're talking like we've been going parabolic or something.

You seem to be in a strange place mentally, fixating way too much on TA and /biz/. Go outside or something.

>>11522062
>Nobody who actually impacts the price of Link cares about /biz/ autism.
That's not to say /biz/ isn't absolutely right on the basic point that Link is indeed what they say it is; very possibly the key to the next revolution crypto and fintech.

>>11521920
Newsflash, it isn't dropping in price unless the team releases a significant amount of the supply that is not in circulation, which they may do in order to further establish the node network. Per Sergey, we want nodes to make money. The timing and release of those tokens will be timed based on adoption/need. Dude knows wtf he is doing, even if he does wear the same clothes all the time.

>>11522153
you say this while the price is dropping

>>11522062

/biz/ also heavily fudded the coin for almost the entire year.

Even a gradual uptrend can't go forever. We have literally gone 4 months without a pink candle on the monthly scale, and it's also been 4 weeks since our last pink candle on the weekly scale. It's getting to high. It's gonna reverse.

I just really hope it does because fuck I've got such a fat stack of fiat and know all about links potential but not having bought any for months now is painful. Fuck I feel like I've got blue balls and been edging for months. I just need to make this purchase and get some more Link but I can't at this price. The only other time I bought Link this high was a few days before the SIBOS conference and got burned after that.

If you aren't planning on selling your Link before mainnet, or swingtrading, there is no reason for the price to go up before mainet. You can't stake it, you don't earn anything off of it. It's just a number in a system. I don't get all these nulinkies shilling it. It's better for Link to stay low pre mainnet. Buying at 40 cents is barely more than a 2x at $1. Buying at 16 cents is almost a 6x to $1. Now think of the gains once you reach $10 or so. Fucking christ it's like no one releases that each cent Link goes down, the percentage of your gains goes up massively. I feel like I am pissing potential gains down the drain if I FOMO in too high, even if it does go to 1k at some point. After buying so much at 16 cents and into the lower 20 cent range I got used to it, now it's double that price and it feels like paying a fucking premium, I get half the amount for my money. Yet I'm so conflicted because I've still got enough laying around for another 20 or even 30k even at the current prices, but fuck if it dips, I'd be a real big time linkie.

>>11522181
If you think I'm reading all that you must be out of your god damn mind.

Go outside.

>>11522179
Kek, I wouldn't call that much of a drop. Look at the charts over more than a day. It is on the rise. More demand will take place as more info is released, nobody with much volume will be selling. The upward trend will continue and it will continue to climb in cmc ranking. Only thing that will slow it down is the release of more tokens or a huge crash of crypto market.

>>11522196

No, it's fucking 2 AM.

>>11521973
>It will also lose sat value as BTC price increases which will encourage selling.

Then shouldn't you be in BTC instead of FIAT. If alts lose sat value but btc goes up, they won't lose USD value. If you were in BTC you'd appreciate against alts like Chainlnk.

>>11522209
link me to the chart your watching?

>>11522216
lol no it's 5PM

>>11522242
Look at 3 month or 1 mo.. take your pick.

>>11522266
show me the chart you are looking at.

>>11522181
>And the truth will set you free.

No wonder you think it's going down because YOU NEED IT TO GO DOWN.

Sad anon. Just sad.

>>11522266
yeah, im looking at the month and the weekly. I see green candles. That means there will be a retracement. IT cant keep going up.

>>11519926
Those poor bastards I feel so sorry for them buying into such poor performing dead project lel fuckin idiots all of them

>>11522328
Uh, yeh it can and will. Lots of changes in marketing the past 3 months, but keep believing what you are sharing. Good luck with that.

>>11522364
are you retarded man. I feel like you're that same NEET from yesterday

>>11522314

I don't need it to go down, I've got more than enough Link to make it. I just want it to go down.

>>11522374
I think the general thought is the opposite of your last post. Good day mate.

>>11522242
>>11522285
>derrrrrr help me guise I don't understand what a 3 month chart is

>>11522328
>I see green candles. That means there will be a retracement. IT cant keep going up.
Yeah, just look at all this parabolic mooning these past months.

>>11522386
>I just want it to go down.
k lol

>>11522328
>>11522416
I mean just look, it's skyrocketing out of control!

>tfw need to renew my ID so I can't buy crypto of any kind
>it's gonna take weeks

I'm not gonna make it, bros

>>11522416
>>11522433
>>11522455
Imagine being mad enough to make three posts in a row.

>>11522404

Is a 5 candle chart really long enough to start reading the tea leaves?


>>11522416
>>11522455

We have hit the upper bollinger band on the weekly for the very first time in Link history do you realize? If that's not a signal for a reversal, and a point about how overbought Link is right now then what is. Also look at the price quickly jumping back within the band, and the price getting rejected once it got up to the previous high's territory, there is a lot of resistance there that Link will be meeting now if it tries to continue this uptrend. Maybe Link will continue going up for another week and we got a double top during the Devcon conference. But after that, it has to start coming down to refuel.

>>11522507
Nobody cares about your TA babble.

>>11522507
this is by far the worst case of dunning kruger i've ever seen on this board. please just stop and go somewhere else

>>11522416
>>11522455
you are so fucking deluded haha. If you think there no chance that it will drop below 6k sats in the weekly and monthly time frame i feel bad for you.You're the one hoping for something to happen. News flash They keep adding things to the pivotal you're going to have to wait a little bit longer buddy

>>11522537
>If you think there no chance that it will drop below 6k sats in the weekly and monthly time frame i feel bad for you
It could easily drop below 6k sats and still be within the uptrend.
It could break the uptrend, fuck if I know.

You're a retard though for thinking Link's growth is somehow unsustainable.
By its current merits (progress, exposure, partnerships), Link belongs firmly in the top 10 when you compare to some of the projects in there.

>>11522566
your switching the argument you fucking moron. I'm betting link is going below 6k. That has been my argument this whole time.

>>11522507
I'm not a swing trader. My point is that LINK is on a 3+ month uptrend and these anons acting like it's dumping into oblivion are doing so only because they sold and they NEED it to.

>>11522566
Eh, it is a waste of time, they don't see the gradual increase right in front of them, toally ignoring impact of Web3 info as well. Anybody in this type of panic mode clearly sold and is shitting themselves hoping they can get back in and trying to make it happen with wishful thinking. This thread and ones like it are a waste of time. Out.

>>11522585
nobody said that. You switch arguments for you to be right. Everyone sold the top and are waiting for sub 6k sats

>>11522578
>your switching the argument you fucking moron
Fucking how?

>I'm betting link is going below 6k
Lemme quote my last post real quick:
"It could easily drop below 6k sats and still be within the uptrend.
It could break the uptrend, fuck if I know.

You're a retard though for thinking Link's growth is somehow unsustainable.
By its current merits (progress, exposure, partnerships), Link belongs firmly in the top 10 when you compare to some of the projects in there."

>>11522630
You got that mixed up. Everyone on this board sold sub 6k and bought the top.

>>11522650
>>11522667
im going to stop arguing with you retards. I put my money where my mouth is so we will see. I have to get back to work i can affor to fuck around on 4chan hoping for a golden ticket.

>>11519143
>show graph with growth, some pull backs along the way, but overall looks good
Retarded bait. With that said, well done on highlighting how half-witted anon is.

>>11522683
Okay bye! :)

>>11522683
>I put my money where my mouth is
Yeah, obviously lol. You stink of fear.
Good luck out there, swingfag.

>>11522737
I smell it too anon

>>11522725
>>11522737
>>11522749
how many diffrent browsers do you have open right now faggot?

>>11522793
Didn't you leave?

>>11522793
>everyone disagrees with me and thinks im retarded.... must all be one person

Imagine being a fucking discord swing trader and having to basically wagecuck as a shitposter just to pump up your link stack. Holy shit, what a fucking existence. Stress, obsessive chart monitoring, forced shitposting, having to hang out with discord faggots, even making fake websites that immediately get discredited. Literal bottom of the barrel plebeians, the peasants of /biz/, honorary pajeets. Holy shit lmao what a life.

>>11522872
The Link discord is literally nigger pajeets circle jerking each other with delusional scenarios.
Link won't hit $1 in 12 months.

>>11522872
>even making fake websites that immediately get discredited

This was one of the funniest things I have ever seen on /biz/

Anyone else notice Thomas has stopped chiming in on the Reddit board or anywhere else except obviously making commits on github? No Medium posts since September 3 either.

>>11523084
lmao

>>11523136
>the real jew is a wanderer.
Yes, this.

>>11519143
>cannot read a chart
fuck off nigger

>>11523099
It was really the nail in the coffin for discord fags. You can't pretend you're having an effect on the market if the grand unveiling of your fud masterpiece coincides with a massive pump that Bs you TFO.