/biz/ - Business & Finance

>>14822108
Thanks just bought 100k

>>14822108
Are the team going to be making any new acquisitions? Can't imagine what else would be so expensive

>>14822157

Well when I said prioritizing certain things over debt... It angered some of the big early investors helping the project move along. The Town Crier acquisition was one such expensive event(exhausted ICO funds).

Here’s a thought - there’s no PE shop with Chainlink on their books. I work at a PE firm. OP has no idea what a private equity firm does. They’re not venture capital or investment funds, they’re people that wholly buy businesses, run them, then sell them. Last time i checked, Chainlink isn’t owned by anyone but themselves. There are investment funds and VC firms out there that own Chainlink, but none of them have a seat on their board therefore have no pull in favor or against their investment.

Try harder next time OP, not everyone on here is a fucking autist.

>>14822108

Dude trust me

>>14822246

This. Im not in finance I really don't know too much about the details, VC is what i meant, I had it explained to me a few times
But I was involved in auditing their code. Thats how i met the team last year

>spacing
>>14822189
larp

>>14822108
Post Big Macs and timestamp

>>14822296
>auditing their code
>close to their team
>you anons kept me sane.
something doesnt add up. please kill urself

back to
>>14822271
/tg/

>>14822246
thread

>>14822315

We were finding pretty bad bugs in the code and it seemed like the entire thing was going to have to be redone. Origianlly they wanted to release the Staking and Reputation with mainnet, but obviously it was in a state so decisions had to be made. Thats where the choice to spend almost all the ICO money on Town Crier pissed off a lot of people. Last month was pretty much the end of that saga. They used their connections to get it pumping hard together, and even lsited on coinbase so they could exit easily too, directly to fiat.
Why do you think there is no BTC pairing?

>>14822296
I still don’t believe you. We have a VC arm and use the money to funnel money to our wholly owned PE investments. There’s no reason VC firms with a substantial investment in Chainlink don’t do the same. If they were in debt up to their eyeballs 1. They wouldn’t be hiring more people 2. They wouldn’t be traveling as much as they are this month and next and September for conferences they’d be paying down debt so they don’t become insolvent and 3. They would only owe interest. And making $9M a year in revenue results in easy interest payments on a maybe $10m acquisition. Literally $300-$400k a year in interest. Peanuts.

Fuck
>>14822369
off. and tell your /pol/ friends two of them will die

>>14822108
pee pee poo poo

>>14822369
shut the fuck up.

>>14822108
Quality larp or truth, who can know? My hands are not iron, they are a decentralized hash network of immutable ledger nodes.

Word at swift is that Sergey is just another degenerate shitcoin gambler just like the rest of you.

>>14822369
Why would you just make shit up to trick newfags?
this isn't doing well for your karma

>>14822374

That is what these 700k transactions are. Paying off the debts while also raising funds to continue the operation. They were in a bad situation till this pump happened. the liquidity and price were much too low to liquidate LINK holdings to get funds back again. That is why there was a string of news which really didn't seem natural all at once, along with a coinbase pump that was the only time a coin pumped on listing.

>>14822420

If you see somebody spacing like this, they are from a research group. The /biz/ fags are larping and doing market psychology tests, the /pol/ fags are testing authority theories. The /pol/ fags have been doxed, and two of them will literally die

They are all rich because a free army shilled a shitcoin to outer space. Even rory and adelyn will never have to work again while you lunatics muh never selling muh $1000 eoy - face it the only rich fuckers that ended up were the team duh

>>14822449
Imagine getting a grant to study /biz/ and conduct psyops on this board to see how it effects crypto pricing.

>>14822441

Also want to add that Sergey was pretty afraid that doing this was going toget him in legal trouble for insider trading, but the situation was what it was.
Thats why it all came out of nowhere. The reason he waited to start dumping LINK holdings after it retraced from $5 to 3$ is becase he didnt want to seem like he was cashing out of the top of an organized pump, and get in trouble legally later on... He really thought this all through

>>14822515
Tell the Vienna fag he will get visit next week. it will be bullets

>>14822369
reputation was never coming with mainnet they said that from the start

>>14822369
Really trying to understand this. So the big money behind chainlink pumped it and bailed. But the pump gave sergey the chance to try and square the debt? So is this thing bust or what? Time to head for the exits?

>>14822296
How about you post ANY proof faggot

>>14822512
hello pii network anyone?

>>14822584

It's fine in the long term, but if you keep seeing these 700K transactions, that is more or less what they are for. They exhausted ICO funds in less than 2 years, so they will need a substantial amount of fiat.
I would guess 50M USD, but, thats not information i have. So far they have dumped around 7Million Link, so i guess over half there on that logic

>>14822584
Time to stop stop believing everything you hear on 4chan friend
I know you're sad that you're -40% and want to latch to any piece of hopium there is, but OP is a shitty larp

>>14822189
What investors, retard? We are the investors, we paid the fuckers $32 millions.
Where is our money?

>>14822108
Sweet dude. I just plopped a cool million down. Billionaire status by eoy y'all.

>>14822656
if you actually bought at ICO you're still, by a lot, brainlet
but you actually bought at 5$ on normiebase and now panicking

>>14822677
we're just going to $1000 eoy so you'll only have about 350 million, sorry pal

>>14822108
how incompetent would they have to be to get in debt after getting $32M at the ico.
Chainlink is shit but even they are not that incompetent. Dumb larp.

>>14822722
I actually bought my first stack at ICO and yes, I'm not happy about these faggots dumping on me when they got MY money. I considering to dump my bags and to report them to SEC for securities fraud. It would be a solid case too, and no, Cayman islands banking address doesn't help your when your office is in SF and your workers are American citizens.

>>14822449
What are you on about? Who will die and for what? Did I miss some recent news?

>>14822656
>What investors?

Investors
8 Decimal Capital
San Francisco, CA
Anmi OECD
China
BitPride Fund
Russia
BlockFront Capital
Romania
Carnaby Capital
United Kingdom
Cipher Ventures
Singapore
Consensus Capital
China
Fundamental Labs
China
Interchain Ventures
Singapore
Nirvana Capital
China
NueValue Capital
Singapore
RocketFuel
United States

https://messari.io/asset/chainlink#profile

That's what's available to the public. Imagine what's not.

So what does this mean

>>14822935
These are the faggots who had two years and now want to consolidate their positions

>>14822935
These are just some crypto investement funds, stupid shill.
They didn't invest into LINK< they bough tokens like everyone else.

OP I made a very famous larp on here and you’re doing it wrong. Frame your story then go from there. Too sloppy

>>14823250
which LARP

>>14822296
>But I was involved in auditing their code

>chainlink
>secured in any way

nice larp op, and what, pray tell, has been EVER audited at that shitshop?

>>14822108

>>14823273
I won’t say but it’s link related

>>14822108
>>14822189
>Well when I said prioritizing certain things over debt... It angered some of the big early investors helping the project move along. The Town Crier acquisition was one such expensive event
Sergey gets it
let's see if others do

>>14823352
Why won't you say? You're an anonymous stranger on the internet, it's not like anyone will believe you

>>14823370
Oh hey 42.

>>14823393

lel what a meme thread

>>14822369
yes and that's why they're selling on binance, lol you stared well as for recent larps standard but here it ends

LISTEN MOTHERFUCKER, I TOOK OUT A HUGE LOAN AND MY SAVINGS ARE EMPTIED CAUSE YOU GUYS TOLD ME TO BUY AT $4 BECAUSE ITS GOING TO BE $10 EOM. I WILL KILL MYSELF IF THIS DOESNT RECOVER!

>>14822865
this, to be honest

>>14823393
I read that book

>>14823689
it's a good one

>>14822108
How fucked are we in the mid term?

>>14822108
how can you literally input this on your keyboard in front of your pc/laptop/phone, wait for replies then reply and expect people to believe you is fuckin beyond me.

with this low iq you should have trouble breathing and typing. i bet you are either A-shitskin B-discord tranny , on top of that you are fuckin mouthbreather and cheeto finger pissing in a bottle next to your pc.

what a fuckin retard

yeah i will use reddit spacing

Do
Not
Sell
LINK
before
September

This
IS
Just
Another
Summersale of 2017

>>14822108
1) FACT: Markets go Up -> Markets go down. 2) FACT: You either Hold, Sell or Buy -> how you conduct that is up to you, the individual investor. So ... what are you gonna do? *Sergey has 650,000,000.00 Tokens at his disposal. Ultimately, the PRICE is determined by his actions in the market. Do not ever forget this. ChainLink (and it's market value) is not proportionally controlled by the "MARINES". Ask yourselves this: Can i live with these facts? Everything else is just FUCKING FUD (good or bad). I sincerely wish EVERYONE makes their choices/decisions wisely. That is all.

>>14823904
It's probably true, why else would sergey sell so much?
If it really is for expansion and paying off debts then it could be good in the long run.

>>14822189
>it angered some of the big early investors
they better get with the program

>>14822369
Calling bullshit from a jerk off Fudder.

>>14822108
Sergey locked himself in the closet with 100 big macs again didn't he.

This is the most brainlet tier fud attempt I've seen in months. You're too stupid for this, OP. Don't do it again.

>>14824043
>>14822369
next time you two are wondering why your life is shit and why women ignore you, just remember this day and what you've posted here.

end of the saga, holy fuckin shit basement tranny from discord think life is an RPG game

you know what have no end ? you sucking on these nuts.

and to all the people creating fake traffic, and all the people trying to reason with OP and those cucks - sell LINK it's way over your heads if you fall for any of this weak shit written by mouthbreathers virgins

>>14823640
then perish