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/biz/ - Business & Finance

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File: 119 KB, 618x772, riplink.png [View same] [iqdb] [saucenao] [google]
13403733 No.13403733 [Reply] [Original]

>> No.13403745

>muh blue triangles and fagcro lines

>> No.13403746

>>13403733
Thanks! Just bought 100K!

>> No.13403747

>>13403733
>TA
Not even once.

>> No.13403754

>>13403733
2 times link was dumped, 2 times Sergey took at least 15kg of fat

>> No.13403764

>>13403733
I would bet my house on the fact that LINK will be around $0.50(+/-0.05) for the next 3 months. Probably longer.

>> No.13403766

>>13403733

time to buy.

>> No.13403776

>>13403733
suck my black macro wedge

>> No.13403810
File: 41 KB, 512x512, 26828626482564481.jpg [View same] [iqdb] [saucenao] [google]
13403810

>Rekt Capital

>> No.13403822

>>13403733
Eff off, not selling.

>> No.13403841
File: 67 KB, 1200x900, 1555799194551.jpg [View same] [iqdb] [saucenao] [google]
13403841

>>13403733
Oh no he draw lines. Lines bad for linkies. Me cries.

>> No.13403888

>>13403733
You think we care? Fuckface I held through 17c.

>> No.13403954

If BTC rallies and there's a short squeeze, LINK's BTC price will probably go into freefall. It has already broken the long upward trendline that has supported it since august. However, for all this slumping in the LINK/BTC price, it has remained in a range around 50c stably for a while now. It may be that more people are trading it against the dollar now and that it is consolidating for another run.

My personal hope is that the market will feel that the BTC price is too low and buy it up regardless of what BTC does. That would be great. But if mainnet actually launches anytime soon people are gonna sell the fucking news and this snowflake of a coin will be done for a few months.

>> No.13404019

>>13403954
I dont think you understand how prices work. BTC/LINK and USD/LINK are not separate prices, they only depend to the ratio of BTC:USD. You can pretty much exclude the cost of LINK in USD in this calculation because it’s practically a stablecoin. If you look at the charts, BTC/LINK should be nearly identical to BTC/USD just off by a factor of 2.

>> No.13404729

>>13403954
Same happens if BTC were to crash, except the USd value would dramatically drop too.
We're unironically going to have the chance to buy at $0.30 again.