/biz/ - Business & Finance

>>14629854
07/07

>>14629854
those fucking FAGGOTS

>>14629854
More time to accumulate

>>14629854
Big players still need to buy in.
After August it will be impossible to keep the price suppressed.

>>14629854
>TA

>>14629880
how do you know

millions of dollars are being spent right now to suppress the price, just so redditors can buy in.

>"I-IT'S BEING SUPPRESSED" says increasingly nervous man for the 897th time this week

Why are there so many boomers on this board right here and now suggesting 401Ks and silver when this has been up over 2000% in the past two years and is still going up? Why are there so many retards on this board that aren't all in link or at the very least own some?

It's probably because the Dev's are slowly dumping at least 700k- 1.4mil Links into the market, which they chose a really bad time to do and dwindled any gains we could've had from hype.

Your lines is a meme, under a week till breakout

>>14629929
Why would they dump now? if it was the case they just had to wait this breakout and then dump for much more?

>>14629929
Actually what if the devs are the ones dumping the price on purpose for their usual anti hype approach? What if the people suppressing the price are the chainlink team members themselves? Who else has millions of link tokens to burn?

>>14629963

Why would a dev that was paid in link as a financial incentive cash out 3+ million dollars?

Gee, the mind wonders!

>>14629916
Because every currency that is printed by the federal reserve is being suppressed. At least that's the argument, as to whether or not it actually is up for debate, but that's why they say such things.

>>14629854
>TA
>should statements
Kys

>>14629854
Fuckin whales. They can't keep getting away with this...

One billion dollars market cap.
They are accumulating before the price catches up

we broke the triangle downwards.
its over...

>>14629963
I have no idea, I'm just guessing since they moved that much from one of the Dev's wallet to Binance. and then there was this statement Sergey today.

Fug. Feels bad anon. Why would the devs dump if any good news was coming soon. We going down. Gentlemen, it’s been a pleasure.

Time to sell

>>14629898
he doesn't

>>14630051
Yeah sell when its dumping so I don't an buy more

>>14629854
You have to look at this as one of the most, if not THE most legit projects in crypto. Everyone learned their lesson in 2017, there is no room for shit projects anymore. Look at the team, look at their results and their partnerships and just be patient. Crypto is a cruel and exciting space, but hopefully in the next few years it can get the credit it deserves and early adopters will reap the benefits. Godspeed anon.

>>14630088
how do you know?

>>14630030
didnt know about this one, would've never entered this trade

>>14630106
no doubt about the long term but I'm a trader and this is fucking with me, shouldve been one of the easiest trade..

>>14630106
Is it going to rise at all?

My best friend is a poorfag but under my tutelage we managed to scrounge together a 6000 stack for him. Mfw he told his wife and all his friends that he owns link. Haven't told a single other soul about it.

>>14629898
>he doesn't know

I'm not too worried at the moment, it'll bounce back and we will most likely stop crabbing once we get some more news, but that most likely won't be until August. I'm in this for the long haul.

>>14630022
The price is inherently cought. Divide the current market cap by 354mm. You now have the price of a link. Buy Low sell high anon, that's the best advice I can spare.

>>14630134
>but I'm a trader and this is fucking with me

If you're not in the green from LINK I don't think you should be swing trading. Doubles over the course of two days and then goes down by 20% and remains stable for over a week. Scamcoin volatility sweeping between all time highs and all time lows in seconds to trigger stop losses, followed by a final drop to zero over a few hours, should by all accounts be eating you alive. You could have easy moded LINK due to the discrepancy between Binance and Coinbase prices alone; I didn't because I know I suck at swing trading so LINK is a longterm hold.

>>14630271
I just started trading link recently. if the trade doesnt go my way it doesnt matter thats how trading works, this PA is just disgusting and I wanted to share.

>>14630551
BAAAAAAAAAASED

>>14630030
he is giving you a chance for cheap links ,

sergey knows link will go up from here.


thank him

>>14629898
>he is lacking critical information

>>14629854
This. Ta is obvious bull flag. Bots must be surpressing, taking profits in that narrow range.

>He is lacking fundamental knowledge

>>14630526
well what I said about the dev's or one of them dumping is only speculation on my part. it could be a whale doing it too who knows, but yeah something is definitely suppressing the price.

>>14630583
I'm fine with the stack I got so it's just waiting for August and September for me.

but how can bots surpress on coinbase

wont they get fucked by uncle sam for doing shit ton of trades?

>>14629854
>it's being suppressed gys!!!!!!

... while the dev team (and non-retarded early adopters) steadily and systematically drain their holdings into the hands of suckers.

Classic and obvious Wyckoff distribution.

Linktards ACTUALLY BELIEVE that a fucking data-scraper is not only going to stay at these levels, but go more than 100x from here!

>>14630661
took me a while to get into link, but you should still get in after a x10, link is easily going to stay in the top 10

>>14630656
nah, coinbase hates the gov as much as we do, why do you think they use disposable link deposit addresses when you deposit your link,

its so that it will be almost impossible to track in the future

>>14629898
gotta go back, gotta go fast

>>14630526
Don't trade link you fucking imbecile. Hold it. You sound like the faggots who were swinging BTC back in 2013

>>14630793
Imagine swinging something that will be 1K eoy

>>14629854
imagine selling at 2$ only to find link at 3.50 next day holy fuck i would actually kms.Imagine the swingers who sold at 2 $

>>14630934
Imagine the announcement could be literally any second. people who waited and got buttfucked by google were rekt

>>14629898
music festivals

>not just buying at 3.49 and selling at 3.51

>>14629860
47385793 57284618 92828475 47361746 38204738 56295837

>>14630793
>>14630910
I have a bag and I'm trading it at the same time because the PA was beautiful, untill today

>>14629854
>link is being heavily suppressed right now
It doesn't matter what anybody thinks of any coin. It goes up until it goes down. The higher it goes, the harder the fall. Sell now.

>>14631611
retard alert

>>14631611
Agreed I sold my 11k bags today. Not worth the weight.

>>14631611
literally this

It's because bitcoin is about to moon to $16K as the anemic shitcoins continue to bleed