/biz/ - Business & Finance

>>12478871
Get ready for the dump. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Sold at 13.2 Maximum COMFY
Buying back at 11.5

>>12478871
Thanks just bought 100k

> low volume pullback
> bullish

OP FUCKS

>that dead volume
yeah not gonna pump anytime soon

>>12478871
The whole concept of a "fireside chat" just sounds gay. Fittingly it will occur in San Fagcisco. I'd advise dumping before then. You think insiders haven't priced in any possible news that's coming? Ha.

>>12478905
The low volume is why it'll pump...

Looks exactly like what bitcoin did before it dumped under 6k.

>>12478900
>>12478905
No one is selling

>>12479038
No one is buying either, fag

>>12478999
Two men spooning by the fireplace with decentralized oracle pillow talk is far from gay, fren. In fact, I can't think of anything more hetero.

>>12479052
im buyong this lovely chepa linkies ;D

only a 2 btc buy"wall"
>>12479052

>>12479052
They can't if no one is selling

>>12478999
fully priced in same way fags pumped eth pre fork and got owned

BUY OR SELL?

>>12479096
ALWAYS BUY!

>>12479143
BUY and than SELL and than BUY

>sub 13k sats

LMAO STINKERS BTFO

You could have sold at 15.5k... instead you thought it would go up forever like a retard

Don't get me wrong, Link has decent fundamentals, but everything has to retrace eventually after a huge pump, but you fuckers didn't believe us

>>12479096
I GUESS THEY NEVER SELL, HUH

>>12479275
o we believe you alright :), but someone has to be the loser.

>>12479275
>us
Leddit is the other way

>>12479275
>HAHAHA YOU DIDN'T SWING TRADE
That's like saying "hahaha you didn't eat a big plate of literal dogshit this morning".

dump to 11.7 k to 12.3 k. Pump to 12.8 k to 13.1 k then dump again to around 11 k. Consolidation then upwards.

Cap this.

>>12479038
>premined coin
>no one is selling
sweety pls

>>12478871
chainstink is an actual scam. if you analyze it whatsoever and see the sudden spikes in volume it’s easy to tell there’s a lot of market manipulation. dont fall for it and lose all your money to the whales

>>12479737
Exactly. Plus according to the whitepaper LINK is capped at 50c since only then will big banks invest in it. Read the whitepaper

>>12479737
>>12479868
Wtf I hate link now

>>12479962
>fell for the meme meme meme meme

>>12479868
0/10 fud. Banks don't invest in Link, they pay Fiat to Chainlink to complete various Smartcontracts transactions, the price of Link is irrelevant as it goes out 16 decimals. Link is the reward system for Nodes. Quit spreading bogus bullshit.

>>12479995
Sure it doesnt effect the user, but what about the node operator, how are the going to deal with the fluctuating price of link?

>>12480002
They're going to be motivated to do a good job and help build and maintain the reputation of the network and thus the value of the token.

>>12479868
I’ve read it numerous times and this is bullshit.

>>12480043
They also have the option to cash out in Fiat at anytime they believe it is appropriate. No different than any other company that is subjected to variances in Fiat or any other investment.

Classic pump for no real reason. Sell now and buy back in sub 10k sats

Tell me one vital reason why it pumped the last week? If you can't answer that, than sell and rebuy

>>12480165
>Tell me one vital reason why it pumped the last week?
Because this deserves to be much higher in the CMC ranking based on its current merits?

Link had been on a constant uptrend for months when Bitcoin shat the bed in mid-November. The current evolution is simply the extension/recommencement of that interruption.

You really aren't keeping up with things, are you?

>>12480043
The reputation system was built for the purpose building trust, but it doesnt stop an early adopter neet who bought millions of tokens and decided to dump them to devalued the token in order to attack the system. Imagine you staked an x amount and then suddenly now that amount is worth half the value of the collateral this will open up for a major attack. No matter how hard they tried, it isn't going to be easy.

>>12480078
and i hope this system is automated.

>>12478871
Priced in

Bags out

I'll be right out

>>12479868
You're a fucking retard the white paper says $1 not fucking $0.50. It's page seven I think. Referenced as a cup of coffee if I recall.

>>12480248
Would not surprise me if there is a designated exchange for this purpose, which will likely be involved with managing and overseeing due diligence of node operators. May even be SWIFT, since they likely have significant ownership in Chainlink.

Hi, i sold all my eth for this at 14k, because my friend said it was gonna be the next ether. Did i get scammed? Should i sell and buy eth again? Thanks

>>12480340
why would trust an anon on a Mongolian basket weaving forum over your friend?

>>12480362
It wasnt really a friend. More like a telegram group. I dont really know much about chainlink, but i have real faith in eth, so maybe should just put it back there im thinking?

>>12480382
i think you should, if you havent really done much research.

>>12478999
there is nothing gay about making more money, anon.

>>12479321
>uses a plate.

>>12479275

How much $$ did you make off LINK? Cause I made a hundred K so far.

>>12480248
Rich people can do this with literally any asset.
From oil to milk to stocks to gold to fiat.

You’d be fucking retarded to sell link now. You’ll see in a few hours :^)

>>12481048
Idk what way it bounces but i have a feeling the volatility is coming back very soon. Not selling either way

>>12481048
hmmmmmmmmmmmmmm
why?

>>12481134
The bollinger bands are tight. It will either break out or shit the bed soon.

>>12481163
>its either going up or down
Wow great analysis thank you friend
God technical analysis is so fucking stupid

>>12479063
based linkies

>>12481163
What makes it pop, are we waiting for bots to decide? code, math, probability calculations
Or is it a human that triggers it in any direction?

>>12481244
he saying major price action soon, the triangle is coming to a close. hes not your fren either

>>12481326
Yes

>>12481244
>t. doesn't know how to trade.
You don't use TA to predict you insipid cunt. Once a line breaks, you can use that for confirmation of whatever pattern you think was forming, then you trade from there. You don't trade before the market moves, you trade WHEN the market moves. Now get the fuck off this board.

>>12481326
Well the bots aint going to decide fpr themselves, someones gotta flip the trigger, but by this point it might not be worth it to them to gamble their LINK like that, the market is catching on and most people are holding their LINK.

>>12479038
That’s because nobody who already has a stack is buying until whales can pick up coin between 21 and 32 centavos.

If this is truly just a shit project, then I don’t understand why factions are fighting to shakeout as many neets as possible from having a legitimate foot in the door to the 4th Industrial Revolution.

>>12478905
now, look at the previous pumps that link had, and the preceding volume.
uh oh no no no swinglinkers BTFO'd

>>12480248

This problem with staked LINK being devalued needs to be addressed. Please spread my answer so that this can be nipped in the bud. I have heard one answer that I cannot verify, but makes sense: your staked link is not simply a fixed amount stored in the smart contract, but rather an amount you commit to paying to if your node misbehaves or fails. The amount is in any denomination and it calculated in LINK at the exact moment if and when it has to be paid, disallowing any price delta.

Even if this is not the case, any smart contract worth its salt would have the ability to calculate a range of variation in the price depending on the period of the contract (let's say LINK is projected to fluctuate between .1-.11 BTC over the course of a month) and require an amount of staked LINK reflecting the possible bottom of that price range.

But this is still a moot point. If LINK is adopted and used the way it is intended, LINK will slowly filter into the hands of people actually using it for staking rather than speculating. Even if it takes a few years, the majority of link will be held by stakers and eventually the possibility of proportionately huge dumps on the market will disappear. The token will find a more stable value relative to and defined by the usefulness of the network, and this price delta problem will go away.

Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

Trail of Bits has their ducks in a row , do you ?

>>12481611
It's just an elaborate shill campaign. Nobody actually owns this coin.

>>12478871
Thats the exact pattern bitcoin was in when it fell down past 6k to 3k. Volume increased and price fell. Ta says there is a 70% chance of breaking down and 30% of breaking up. Of course link is easily manipulated and this pattern is occuring on a time frame if a few days so really anything could happen. Some 1million+ link owner could draw his name in the price chart if he had a good bot.

>>12480340
t. low IQ average ChainLink buyer.

>>12481982
>Ta says there is a 70% chance of breaking down and 30% of breaking up
lol, how do you figure this? other than XYZ pattern and arbitrarily assigning a 70-30?

>>12478871
>>12478900

Look guys I’m only going to say it once link in capped at 50cents for testnet and 15cents on main net the entire reason Jason parser was hired by sergay was to find a sustainable decentralized economic model for smart contracts, one that is cheap easy and fast, and yes it is fast enough that you can order a Big Mac with it. Read the white paper

>>12481982
you idiot, its a 60 minute chart in a giant bull trend

>>12481150
Next week is unironically the start of the golden bull. Link is the initiator :^)

IT'S PUMPING

>>12483761
it's pumping guys! sergey activated the pump!

>>12478881
Irony

>>12478871

>haven't bought Link in weeks
>finally decide this is the dip better buy now
>transfer BTC to binance
>this pump just happens now

Jesus fuck I hate crypto. I hate investing. I hate accumulation. Fuck this happens every goddamn time. It's like I can predict pumps with 100% accuracy. Whenever I decide it's time to buy that's when it will pump.

>>12483777
THESE ARE HIS MOST POWERFUL NUMBERS

>>12483814
>try to buy
>bank declines my transaction

Fucking KIKES!!!!!!!!!!!!!!!!

>>12483814
Same here. I absolutely expected this to happen

>>12483777
Checked the mighty 7's

>>12483777
KEK HAVE SPOKEN!

>>12483814
>>12483834
>>12483862
it's up 3%. you faggots are hysterical

>>12483941
Your butthole hangs loose like the mouth of a tired dog.

>>12483941
>he doesn't know

>blocks your path

See you guys at 12.5K sats. Not enough momentum to break out of the wedge.

>>12484057
God I hope so, I need to buy more

>>12484057
>he thinks ichimoku matters

>>12484057
>red cloud of despair

OOOOOOOOOOOOOOOOOOOOOOHHHHHH

>>12483814
Keep buying anon be a hero for the rest of us.

>>12481048
> what does he know

>>12484132
>>12483446

>>12484132
>>12484142
Things you don’t. :^)

>>12484131

Nah I'm waiting for the pump to be over, and have a buy order anticipating a wick. I've got a fairly decent stack already. I just wanted to make it a nice even round number before Link gets too expensive. Now I either have to wait for it to come down to what it was when I sent the BTC. Or buy some extra BTC to send over to make up for the difference. I can feel mainnet coming soon.

>>12484214
how many do you have

>>12484163

>>12484292
I’ll say this: DO NOT SWING

>>12484274

A few hundred shy of 57k. It's not huge but I am a neet right now so I think it's fairly decent. I've got savings left over from when I used to work, and could bump it into the 60k range if I emptied my bank account into it though. I just regret not doing that last month when it was 20 cents. I'd have reached Colonel with over 75k. I thought BTC would crash more though.

>>12484163
Hello fellow insider; I too know a few things ;)

>>12484311
Come on, even swingies say shit like that so they don't have to compete on fills.

>>12483814
Same here. I transferred funds January 2nd and went to bed. Then I wojaked up and watched green bars for days.

>>12484334
Hi fren. Are you ready :^)

>>12484357
I-i'm r-reeady.. haheh...

>>12484342

Painful anon. Christ. I'm sorry for you. How much were you going to buy? At least for me I've already got a decent stack so it's not as stressful.

The worst thing about it, is for me at least, having a fucking buy order my life sorta goes on hold and everything revolves around making sure I scoop up the Link until the order goes through. So when a pump happens that's basically an entire day down the fucking drain watching charts, doing TA and trying to adjust my fucking order to keep it in as cheap as possible and waiting for the dip. I can't imagine how bad it's been for you this past 2 weeks though.

>>12484357
A tepid low volume pump?

>>12483446
Tell me a linky bedtime story please bro

>>12484394
See u at 55k sats by monday

It's a bit odd that everything else is dumping while LINK is pumping..

Uh OH pleased stinkers incoming

>>12484489
the market dumped the last 6 months
link pumped
nothing surprises me anymore.
SOMETHING MUST BE FUCKING HAPPENING

>>12484489
no you are just retarded

>>12484438
Haha, good luck. What do you get from picking a random number out of the air?

>>12484530
No. You are the rtard

>>12484084

>Doesn't believe in the cloud.
>Not gonna make it.

Hope you sold the top champ.

>>12484650

Based. Fakeout confirmed.

Where do you think we are dipping too. Where should I set my buy orders for the least stressful day?

>>12484311
Better not be some pathetic 10% pump

>>12484693
>>12484650
Brainlets. Your weak hands can't stop this train.

>>12484650
uh oh, pissed swinger incoming

>>12484214
I’m waiting with you bro. I think our patience will pay off.

>>12484650
aged like sewage.

TELL ME. WHY ARE THE HEWS PUMPING LINK

>>12484903
Jews*

>>12484903
No, I AM PUMPING LINK

Frens, just to put things into perspective.
If you own 35k, and you fucking should be at this point, you own one out of every 1000 tokens in circulation.
You are one of the 1000 individuals that will have golden statues of their dicks in front of their houses, a harem of Asian 16 year olds riding them every Tuesday at 4pm after tea and oil paintings of money belly above your beds to jerk off to

>>12484903
Shop

>>12485031
I've been making plaster casts of my dong in preparation

and here comes de dump.

>>12485113
based. the singularity will not catch you unawares

>>12478871
from 124 to 200
screencap this

>>12485117
Take your Bushisms back to /ltbg/ you bug chasing faggot.

>>12481888
Checked. High iq post

>no one wants to buy to continue the pump

hahaha enjoy your dump

>>12483814
Happens every fucking time, i was on a sideline when it was 0.2 waiting for lower price and here i am buying for 0.50

>>12481888
Yeah, seems like a pipe dream at the min, but at some stage the token will find it's 'price' and will become stable

>>12485225
cringe and blue pilled

>>12485630
Obviously still talking speculatively, like everything in crypto, but that's the theory.

>>12484057

>>12484342
lmaooo the exact same happened to me, but you know i still smashed that mf buy for my fellow marines

>>12485031
I only have 21k, can not afford to buy any more :( :(

There is literally nothing wrong with being Jewish.