/biz/ - Business & Finance

the company ran out of money and they need to continue the development retard

I didn’t want to believe it but he’s unironically exit scamming us

Jesus Christ

>>14709926
how did they run out of $32 million

SERGEY NOOOOOOOOOO HOW WAS 32 MILLION NOT ENOUGH

>>14709926
>the company ran out of money
proof?

https://blog.chain.link/growing-chainlink/

Have sex, dilate, grow up, learn to code, create something, and take the poo to the loo.

Of course he waits until we recovered a little so he can tank us again.

>>14709926
He doesn’t know

>>14709937
Neither does he

>>14709926
Cope hahaha

it's singularity, faggots
https://www.youtube.com/watch?v=38alQSKtVbA&t=3477

cant believe they are dumping 50 million tokens on us WTF SERGEY WTF

>>14709889
Follow the txs. They end in a wallet that get in/out 50K links for no reason. Those links are not ending in exchanges

>>14709937
HE'S GONNA BUY ALL THE BURGERS

How the fuck don't you know?

>>14709937
It's literally not that much of you consider everyone's salary and other expenses.

>>14710014
Check again.They end in the Binance_1 wallet. There is no way they hired so many people within 3 days to sell so many tokens. Maybe they habe to pay a fine to the SEC?

Someone better go to that Meetup where Sergey is presenting on the 17th and question him about this.

>>14710014
0x5034e3b2414d69be94c2adb9bf7047d0d21a1805

The top tx you can follow

This address is sending 50k batches regularly

>>14710108
BOG MAC

>bought back in a 3.22

can someone explain the wallet movement? it seems like it jump from wallet to wallet, ends up to a binance wallet, and then sent to another wallet...are they paying devs/creating capital thru binance? wtf?

>>14709937

Sergey is killing every single pump. The last 1.4M transfer was a week ago. This one is gonna last another week, so you can except link to bleed for the next week.

>>14710108
What in goddamn...

What are they up to? And why do they donthis during every pump? What's their end goal here?

>>14710583
You will be rewarded if you're not a weak fuck. S N has a speech in one week. That's all the food you get.

32 mil in IT industry is nothing

>>14709937
not hard when your company has $0 revenue

>>14709889
Madman!
Why is he dumping on us?
Is he exit scamming?

>>14709889
Is he doing it after every BTC dump? Does he want to hide that whales are moving into Chainlink? I mean we see that LINK is pumping during a BTC dump.

>>14710583
They are preparing for a fork

>>14709889
i trusted you sergey

>>14710062
What expenses? They are located in the Caymans, renting an office is like $100 a Month. Also saleries are nowhere near that high

>>14710014

The question is who's absorbing these 700k sells? This would devastate any other coin. Link is taking the punches like a champ.

>>14710876
it's split into chunks of 25-50k and sold over the span of days

>>14710848
>$100 a month in san fran
the absolute delusion.

>>14710876
these amounts are split up into 25-50k increments and sold over days time to not rape the price

IMAGINE GETTING DUMPED ON BY THIS FAT MOUTH BREATHING FAGGOT

THE ABSOLUTE STATE OF LINKFAGS

>>14709926
>the company ran out of money and they need to continue the development retard
people really believe this

>>14709889
>Price not going down

Unironically bullish

>>14710897
t. lying discord tranny

Cashed in 10m usd so far

>>14710848
>renting an office is like $100 a Month
the aboslute stete

the only time I ever FUDed link was when I raised issues about the supply and Sergey owning 70% of it. Cool tech and all, but this is a supply and demand market. It's the only force that drives the price. This is why I never buy coins where the teams controls more than 25% of the supply. When someone controls this much of the supply, you're basically playing a game that is rigged against you from the start. Obviously all I got from deluded linkies was "hurr durr Sergey would never dump on us".
THEY ALL FUCKING DUMP, RETARDS!
EVERY SINGLE TIME!
The funny thing is that he's only started. Expect this shit to happen on every single price movement. Want to know why? Because they are basically selling tokens created from NOTHING and they are getting cold hard cash in return or BTC (if they are smart). Learn to manage your risk, morons and stop giving your TRUST when this was all supposed to be TRUSTLESS.

Wait, some people really believed this wasn't a scam? Who actually thought some forced /biz/ meme was a legit operation?

>>14709926
2 years 32 million dollars. that’s 16 million per years. Let’s low ball and say they are doubling their payroll with this expansion. That means they have to liquidate 32 million link to cover costs for the whole year. This could go on for a few more weeks. Someone should fire their director of ops for not putting their link up as collateral for a loan.

fuck this nigger exit scam coin, im fucking selling before this asshole russian rips my chest open and strains to shit a big mac where my heart used to be AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>14711194
this. its not just serge. how can you expect any developer to turn nothing into a shit tonne of money and not dump on willing buyers.

It sad watching brainlets fret over tiny price fluctuations. They could literally sell it all and link will still moon over the next couple of years. It's that important and will be that valuable.

Stop acting like its xrp or some other shitcoin.

>>14711194
Holy shit it's over isn't it. I just got red pilled. Should I kms? Fuck Sergey. Can anyone rebutt this. I'll be waging my entire life now. What's the point in living.

>>14711421
you should sell

>>14709954
I hate this cock sucking fat faggot

>>14711465
autismo

>>14709889

Motherfuckers, how could he do this to us marines...

when all the devs have sold their stacks why should they keep working on chainlink?

Honestly one of you crazy fucks is going to find him at his next talk aren’t you? He better be buying some security

So who here is dumb enough to think another 700k in circulation would actually have a meaningful difference to the price?

Show yourselves dummies

>>14709889
Dumb fuck OP

>>14709964
DON'T TELL SCOTTY

why don't you just sell before it's too late?

>>14710468
He kills the pumps because chainstink is designed to be a cup of coffee. Sergey will never allow $1000 like deluded linkies think will happen.

>>14711621
SCOTTY DOESN’T KNOW

>>14711254
>>14711194
nice fud, i'm never selling

YOU GOTTA PRIME THE PUMP

>>14709953
Sergeeeeeey. Nice read, motivate the autists.

>>14711713
DON'T TELL SCOTTY!

>>14710860
kek i read to the end 10/10

if you know, you know, ya know?

>>14711045
1floor=100k
per month

Sold all my linkies fucking scam coin

>>14711194
ITS OVER.

>>14710425
Baesed

>>14709889
Based Sergey dumping on stinkies.

sold all my link for b255

>>14711690
Right, people should learn the whitepaper and dev notes

They are not selling. Do not believe the FUD.

>>14712102
Yes, they are selling in Binance. Check ethereum explorer.

>>14712102
they literally are though, you can just follow the transactions

>>14712102
discord trannies in the house tonightttt

>>14712102
they are and that's a good thing.

It's crashing because the erc council downgraded the token from erc 20 to erc 10

Sergey and the team are going before them some time at the beginning of August to appeal and things are looking good that they will win, so it's fundamentally a bull sign. Hodl or buy more if you can, this an opportunity to load up on more.

>>14712184
This is just straight up FUD. It was only downgraded to a ERC-15. Still not good, but certainly not as bad as an ERC-10

They are redistributing in batches of 25/50K. Tokens are still there and are not being sold. Kys.

>>14711777
Anon you better check yourself. This is a message from Kek

>expanding
>hiring
>diluting from dev wallet
>news of new partnerships almost weekly (2 this week)
>price being suppressed until sergeys next speech
ignore the FUD
accumulate while its cheap
only plebbitors with shaky hands and those that were came post sibos are phased by this.
also for the love of all, zoom the fuck out of your charts.
If you're looking any closer than 1D you're never gonna make it.

>>14712326
>>14711627
>Jul 17 SF ETH Dev Meetup
>Aug 2-4 trufflesuite/Microsoft
>Aug 19-21 Web3 Summit
>Sept 23-26 SIBOS/SWIFT

>>14712202
FUD

it was upgraded to an erc 777

>>14712102
cope harder link cuck

>>14710848
$100 a month
this is a typo, right?

Don't take my dreams away padre...... I don't recognize my self in the mirror anymore......

>>14712379
the highest theoretical designation is erc 699 and is described by vitalik in the eth white paper, but it literally requires quantum computers

erc 777 is just made up bullshit. go dilate tranny

I farted. Also LINK is a scam $0 eoy check em

WHAT THE FUCK!!! HOW COULD SERGEY DROP A FUCKING NUKE ON US BATTLE HARDENED MARINES!!! WE ARE FUCKING DYING A SLOW PAINFUL DEATH THROUGH RADIATION POISONING!!!!
HOLY FUCK ITS OVER!!! FUCK SERGEY!!!

>>14712945
Kek, is this from the time when discordlets tried to force the meme that the smartcontract.com website and the chainlink idea were boilerplates derived from tierion network token?

Who could have seen that coming...

>dumping all 650 million reserves
>from $5 to $.17 EOD

It's Happening.
It's Over.

>>14711194
No

>>14711411
Correct

How in the fuck you idiots can't see that Sergey is trying to keep the price down for people wanting to buy link.

The network will be much more decentralized if there is more people with good link stacks and a node.

>>14709889
This is like Charlie Lee selling his LTC at $300

Jesus christ.... they broke up the 700K token, and all ended up on binance in 50K and 25K increments:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x5034e3b2414d69be94c2adb9bf7047d0d21a1805

>>14713581
Sergey literally dumping on linkfags

there will be 7 transfers of 700,000 links

7 7 7 7 7 7 7

>>14713581

$0 EOY confirmed

>>14713581
Does this add more LINK to the already 350M circulating?

Linkies btfo. Can’t wait til link is forgotten like every other pnd

>>14713667
t. nopants

>>14710425
Is that photoshopped?

>>14711535
what about 700k x 4 just in the past 1 week? He just added at least 2.8 mil linkies into circulation.

only 650 million to go

>>14713820

yet the price barely moved

its almost like hes selling to big corps who need the link for their nodes, not pumping and dumping biztards

>>14711273
They bought a company retard.

>>14713963
would not go through binance wallet.... which all did. We have no idea, how much he has or has not sold. ath is $4.50, one week ago is $3.50. today is $3.... price barely moved?

>>14713963
Only down 40% in a week! That's a minor dip!!

>>14714289
>>14714271

how new are you to crypto lmao

nulinkers are so pathetic its sad

>>14714322
i was here before alpha node went live, y tu mi fren?

btfo linkers you are no a pump and dump scam

>>14709985
Who gives a fuk about a philosopher's point of view on the singularity. Ray K etc. have more skin in the game than this socialist.

>>14711563
This, a million times. The state of these fags. Just fucking sell if you dont believe in the company. Nobody wants to hear you bitch about it p12

>>14709953
get off this board. If a company is selling there bags in the crypto investing, that is something you need to pay attention to.Would they sell if they thought $7 was next week? and if $7 came next week, would the company sell more bags? chainlink has sentiment to blast off and when the company is throwing out their bags, you have to pay attention to that if you're not a trash investor.

Lmao this is why we all need to move to vid that we can pump hard

>>14715717
It's true. If sergey had anything comparable to google in the works he wouldn't be selling now. peak-hype confirmed. It's unironically over.

>>14709937
>32 million
it was worth more than 100 million at the peak of the bull run

>>14709889
This is 0.28% of the supply. This is nothing. Just the fuck up.

>>14709889
>the fact that they've sold this much and it's still worth $3.05

>>14716538
JUST

>>14709926
Cope

$2.99 linkies. Soon $2.50. Then $2.00

Unironically selling next time it "pumps" above 3 dollars.. will keep a 1.5k stack untouched just incase but fuck this I pay enough attention to my blockfolio to buy back in next time were on the way up.

>>14710425
fuck bros, the memories

it's over lads

>>14709926
Hahahahahahahah

>>14711866

>>14709926
>>14709889
Fuck it. Imma just say it... because apparently everyone forgot they are in the process of selling tokens OTC to companies that want to use the network / run a node.

Oracle for example has 50 companies they are going to onboard in september.

Your welcome faggots.

Think about it logically. Sergey believes in his project. He can't possibly be dumping on us because if this was his intent, he would wait until it's at least $100. Why dump before you've even hit 10% of the assured value? Dev dumps happen when their scam is at or near ATH. This can only mean one thing for Link. This is bullish, moving such large amounts when it's still so low in price to be considered free. I smell expansion, the moon is on the horizon.

possible brainlet theory alert.

We know that sergey is very meticulous about staying cool with the law (e.g. all the security / utility token and advertising shit before mainnet). What if he has more big news coming, but doesn't want to run the risk of insider trading accusations, so he is sell more right now before dropping big news? it's his companies' stack not his own so maybe he doesn't care so much about the price and just wants to stay legit in the eyes of the SEC?

more realistically they are acquiring something like TC and are just obfuscating the transfers. I don't think they burned through 32 mil in 2 years and eth was only at 300 bucks during the ico right

>>14718112
>Sergey believes in his project
kek'd

>>14710108
Lol

>50 million tokens
>minus 700 thousand
>minus 700 thousand
>minus 700 thousand
>minus 700 thousand
>47.2 million tokens

Why is everyone flipping their shit? Is there something I'm not seeing?

Talk about a storm in a glass of water...

>>14711777
czekkked

>>14717242
Underrated

>>14717242
He's looking for a lawyer to help him get away with exit scamming us!

>>14709889
You know what? The fucking 4th industrial revolution has its price, stop bitching cunt

sergey is buying brappers with all the link exit scam, he knows what is better

>>14709889
Instilling the 'I'm never fucking selling mentality' in the average linkie was a mastermind move.