/biz/ - Business & Finance

Meanwhile...
>BSV has a effective volume of 2 million USD

...

>>14620702
Nice weather data

>half of btcs market cap after the next bull run puts us at 300 dollars

>>14620687
Why are more people not talking about this?

>>14620687 All I see is two boomer coins and one erc20 token with zero use cases.

>>14620800
because it's not true

>>14620687
A literal wash trading.

>>14620857
That's not 24 volume, that's REAL volume retard. Wash trading excluded.

>>14620857

>>14620887
>10 linkies have been deposited to your wallet

>>14620857
That list literally removes all wash trading data lol.

It's just that 99% of crypto currency 'projects' are just wash traded chinese scams.

Most of BSV's volume comes from washtrading

Chainlinks volume is legitimate. It's desperately being suppressed at this range so nu-linkers sell to hop on the next chinese scam, pump and dump. And old-linkers sell since "hey I already have a already profits!".

Truckloads of money are being burnt right now just to keep the price suppressed.

>>14620687
This is how CoinMarketCap ranking should look like

>>14620904
Look at OP's screenshot you actual retard.

>>14620687
do u mean 3rd? ;)

>>14620905
By whom?

https://www.theblockcrypto.com/tiny/messari-rolls-out-real-10-volume-metrics-after-study-reveals-95-of-bitcoin-trading-volumes-are-fake/

>>14620909

>>14620909
go to openmarketcap instead. filters wash volume.

>>14620923
This. There are confirmed bots though

>>14620905
>Truckloads of money are being burnt right now just to keep the price suppressed.
How do they make this money back? Just as simple as dumping it and buying lower right before pumping it?

>>14620857
You are close, but not quite.
Observe how the price has only fluctuated ever so slightly, despite the large volume traded.
With BTC and ETH we can argue that true bulls and bears are in a stale-mate, waiting on someone to shoot first.
LINK is completely one-sided, so it's more like Sergey's bots waiting on BTC to make a move.

>>14620961
It's about obtaining stinky linkies.

You obtain more linkies by slowly buying over a long period of time, it's cheaper for them to suppress the price and make weak hands sell their linkies over time then it is to buy all the linkies on the market right this minute which would result in pumping the market like crazy and then retail traders buy linkies as well.


Institution are smart, so they buy slowly in order to get as many linkies as possible.

>>14620905
>whales are suppressing the price!
Of course buddy.

>>14620961
Rich people don't have a savings like you, they have consistent revenue per year that far exceeds their cost of living that year.

>See a project
>Know it will x100 your money
>Have 130 million coming in over the next 2 years from contracts, lawsuits, closings, etc.
>Throw 30 million over 2 years to keep the price suppressed while your 130m comes in
>Use the 130 million to make OTC purchases
At the end of the day they lost 30 million selling to keep the price low but they make far more than that just by keeping the price down 30%, imagine how much they make if they keep the price from doing a x10.

>The firm noted that only a few exchanges — including Kraken, Binance, and Coinbase — reported accurate volumes data. Messari’s “Real 10 Volume” metric will only include those exchanges. ““Real 10 Volume” it is a vastly superior metric than current reported volumes, which are likely overstated by 20-50 times,” Messari said.

>>14621042
>Of course buddy.
Try coming up with a meaningful rebuttal.

>>14621048
>>14621048
This explanation of the suppression makes sense

>>14620687

It's definitely being suppressed. Only a matter of time before it breaks out.

>>14621030
>>14621048
Thanks this was well explained.

>>14621087
>a 30 mio dump can suppress 130 mio buy order

>>14621125
Market dumps vs Limit buys maybe. And OTC buys.

>>14621125
The buy order is OTC you walnut. Nobody ever buys $100m of BTC on an exchange, they find a guy with a wallet and offer him a 20% premium for the whole stack.

This all sounds fun in theory but do we have any concrete proof?

>>14621161
Things with proof are already priced in, hence why we've all become mentally unstable sleuths.

>>14621042
Plush posters are the biggest retards on this board

>>14621157
Shit does this mean that over the next few years institutions and richfags will be hunting down Linkies in the top 1000 and offering us OTC deals at marked up prices?

>>14621318
Of course no, sergey and the rest will use the remaining supplies for institutional sales if that ever happens. You are deluded if you think that whales suppressing theory has any truth in it.

>>14621456
You are likely the most deluded one in this thread.

>>14621456
This. I think it's not suppression, it's just early hype cycle and we will catch up naturally. Institutions would buy from Sergey, after all this is how the team will fund the operation for decades

>>14621510
>fourth highest volume in the world
>price not moving for days

Eric Holder had Paul Walker assassinated to cover up his illegal gun smuggling operation in Mexico known as Fast and Furious.

Chainlink beats BNB as biggest gainer
https://ambcrypto.com/halfway-mark-chainlink-beats-binance-coin-as-biggest-gainer-in-2019-bitcoin-only-good-enough-for-4th/

>>14621520

Brainlets everywhere.

The best part is this all but confirms a real, true singularity. There will literally be roped, exit bags, and pants shit across the globe.

It’s going to be fucking W I L D.

what did Messari mean by this

>>14621067
What ist the name of the manga?

>>14621812
I think it includes 2/3rds of the supply instead of 1/3

Don't know why though.

>>14621869
https://mangarock.com/manga/mrs-serie-281963/chapter/mrs-chapter-281964

>>14621812
xrp 1000$
okay

>>14621201
>plush posters are the biggest retards

>>14621872
Because the 300 million linkies aren't locked and are leaving the dev wallets by the millions

>>14622491
If you can explain why then i might believe you, if you cant then i may think you are a fucking retard.

>>14622527
What? Check waruso or twitter, it was all over the place the last days

>>14620904
How do windows taste?

>>14622604
This.

You fucking idiots are getting slow dumped, and we're TRYING to fucking HELP you. Fuck this shit.

>>14622491
>by the millions
1.4m was moved to another account, from which 305000 were moved to binance.
Meanwhile, several new unkown wallets appeared among the top holders which have accumulated about 18m LINK combined.
fud harder retard.

>>14620687
heavy suppression on the books too

>>14622639
Linkies cant think for themselves.

>>14622639
bullshit, they are trying to keep the price low. this >>14622664

>>14620687
this has been going on for a few days anyone who has been in this market for long knows what going to happn next, its just a question of when

Price suppression will keep happening until August 3rd.
Enterprises want to accumulate at a cheap price before microsoft is announced.

>>14621030
IM SO COMFY RIGHT NOW

>>14622770
Why August 3rd specifically? What's happening August 4th?

>tfw my birthday is in late August
>tfw only need a 5x to become a millionaire

Will I make it before my birthday anon?

>>14622870
trufflecon, try to keep up newfag

lol @ the delusion. link already mooned. the chart looks exactly like it did in 2018 when everything peaked
>goes up 20x, when moon???

>>14622902
I'm a pre SIBOS Linkie mate. What exactly is Trufflecon though. I know Link is showing there, but is it a big industry thing like SIBOS, or another ETH community event.

>>14622935
Microsoft event

>>14620904
>$35
>pays better than CTR

>>14622719
>what going to happn next

And that is?

>>14623491
Price went from 1.80 to high 4's and touched 5 last time the bots got turned off and coinbase gave a non-suppressed exchange to get LINK.

>>14623915
Shouldve really said that the other way around. CBpro opening link sidestepped the chink exchanges, so they had to turn off the bots until they could move over to CB and get back to work.

>>14620687
Generating lots of bag holders. I can't wait to see the biggest wave of pink wojaks this board has ever seen.

>>14623491
BTC down
Link up

>>14620905
How can you detect which data is wash trading and which is not?

>>14620687

threadly reminder

>>14620687
>high volume
>price doesn't increase
Whales offloading

How come we didn't see this kind of activity in the past 2 years when link was under a dollar? How do we know all of this isn't just whales taking advantage of a hype cycle? If serious accumulation was going on, wouldn't it make sense to keep it under a dollar rather than stabilize around 3.50?

>>14625050
Actual sauce on the full context of that quote?

>>14625924
I googled it and it's fake bullshit.