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File: 42 KB, 1449x503, linkstats-0727.png [View same] [iqdb] [saucenao] [google]
14996728 No.14996728 [Reply] [Original]

Autism anon back with some new LINK stats. On 07/22 I made a first version of which shows that the correction since ATH, and especially since the wallet movements started, has not been nearly as violent as most people like to make out. There has been about a 30% dump since ATH that can be solely attributed to LINK-related variables (cooloff after new ATH, wallet movements, etc), and we have stabilized around that point. The rest of the difference between $4.50 and the current price can be explained by broader market movements that all alts and/or all crypto have been following.

Since 07/22 there has been another intensification in transfer frequency from the 0xdad wallet. This has not actually moved the price that much. We are down just about 4% relative to other alts since 5 days ago, and are actually up 2% versus bitcoin.

Other highlights, mostly unchanged from last time:
>LINK has gained 25 ranks in less than 3 months and been holding steady at rank 17/16 since July 1, when the 0xdad wallet movements started
>Also since July 1, LINK has only seen a price decline of about 10% relative to other alts. It has seen about a 30% decline relative to BTC (which, again, most alts are down 27% relative to BTC
>LINK dominance has risen from .09 to 0.3 since May 1. 0.3 is an UNDERESTIMATE because it is not yet factoring in the 8.4 million new tokens presumed to be in circulation now

The most important point to make is that discord trannies are seizing on the intensification of 0xdad wallet movements and the recent downward trend in the greater crypto space to try to weave the illusion that LINK is dumping violently, that the dump is intensifying daily and that there is no bottom in sight. In reality most metrics show that we have stabilized and are just waiting for the catalyst that will ignite second stage boosters at this point.

>> No.14996739
File: 3 KB, 120x125, 1563893449252s.jpg [View same] [iqdb] [saucenao] [google]
14996739

Based

$1000 EOY

>> No.14996757

based LINK autist, discord trannies HATE HIM!

>> No.14996770

>>14996728
One thing to elaborate a little more on. LINK market cap, dominance, etc are all underestimated on CMC as of right now. With the new tokens in circulation, market cap should be 2% higher than it is right now. That would actually put us back comfortably in rank 16 above IOTA if it were reflected correctly in CMC's calcs.

>> No.14996777

>>14996728
Bump

>> No.14996780

>>14996728
very interesting stuff anon, powerful post

>> No.14996793
File: 2.08 MB, 1000x1139, 1535858393173.png [View same] [iqdb] [saucenao] [google]
14996793

>>14996728
A.B.C.
Always Buy Chainlink.

>> No.14996802

If this was a medium post i would give you a clap

>> No.14996816

>>14996728
Based

>> No.14996822

based

>> No.14996828

>>14996728
autism anon, please explain the recent dust attack

>> No.14996835

based

>> No.14996839

>>14996728
do you know how many 700k transactions are done to this day, and how many there are left?

>> No.14996841

Putting my life savings in

>> No.14996849

>>14996728
So what's the good buy in price?

>> No.14996861

>>14996728
Based

delphi discord fags will never get my linkies EVER

not selling
1k eoy is fud

>> No.14996863

What do you think of the theory that the dev link are not hitting the open market and are overhead over the counter sales to companies or are being used for liquidity for binance dex link listings.

>> No.14996889

>>14996828
I don't know for certain, my favorite theory is that someone is trying to associate LINK token holders with AMB token holders such that wallet metrics sites will show "95% of wallets that hold LINK also hold AMB". So when LINK truly moons and people are looking at the next project to get in on the ground floor, they will notice that all these people who were so prescient as to get into LINK at $0.20 are also all holding AMB which has yet to moon (it will probably be worth a fraction of a penny by that point).

I don't have any special knowledge about wallet, I just take numbers from CMC and work to make sense of them.

>> No.14996919

>>14996839
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xdad22a85ef8310ef582b70e4051e543f3153e11f

There have been 12 transactions to date, and no I don't have any special knowledge about Sergey's plans with this wallet. They may continue until it's empty, or they may hit some fundraising target and stop for the forseeable future. Nobody knows.

It's important to note, though, that it is NOT a foregone conclusion that they are selling these tokens. Either market dumping or OTC. Certainly the price action since they started their movements doesn't seem to reflect an 8-million token market dump. It is entirely possible they are just obscuring wallet movements as they move staking stacks into their partners' wallets (maybe the 50 oracle startups?).

But it's all speculation, nobody knows for certain.

>> No.14996930

>>14996889
AMB is dead coin.

>> No.14996934

What do you think of the theory that the dev link are not hitting the open market and are overhead over the counter sales to companies or are being used for liquidity for binance dex link listings.

>> No.14996948

>The most important point to make is that discord trannies are seizing on the intensification of 0xdad wallet movements and the recent downward trend in the greater crypto space to try to weave the illusion that LINK is dumping violently, that the dump is intensifying daily and that there is no bottom in sight. In reality most metrics show that we have stabilized and are just waiting for the catalyst that will ignite second stage boosters at this point.
Any sensible person that can read graphs should be able to see this. But I support you taking care of out letter brained frens. We are all going to make it.

>> No.14996950

>>14996777
No one going to check these?

>> No.14996956

>>14996863
I like those theories more than the market dump theory, not because I'm deluded (though I may be that) but just because I really don't think the price action reflects a huge 8-million-token dump. I do like the binance dex liquidity idea, either that or as a reserve for margin trading going forward on the main site. It would neatly explain why all the tokens are hitting binance but not being sold (seemingly).

>>14996849
I mean, BTC could shit downwards to 8k and we would probably see sub-$2.00 LINK. It is not immune from broader market movements. My only observation is that it looks like LINK has finished correcting from its own ATH. Any future downward action is just LINK riding the waves, along with the rest of the alts.

>> No.14996972

>>14996948
>letter brained frens
it seems i have rumbled myself

>> No.14996989

>>14996728
Based Autism. Please keep us updated.

>> No.14997018

>>14996956
based desu, i miss ur posts

>> No.14997044

deluded linkie

>> No.14997069

>>14997018
I'm not walletautism, just a regular autism anon. Don't want to get your hopes up.

>> No.14997096

>>14997069
Good enough, we seriously under supply of smart autism.

>> No.14997098

>>14996956
is there any reason they used a dev wallet instead of the #1 wallet that was supposed to be reserved for expansion?

>> No.14997106
File: 1.91 MB, 200x194, finedoggo.gif [View same] [iqdb] [saucenao] [google]
14997106

>>14996728
>discord trannies
yep. that's it. /biz/ is done
if even wallet autism anon is calling out the discord trannies there's no hope left.
was fun shitposting with you all. see you at the yacht party.

>> No.14997135

>>14996728
I thought all anons were autistic

>> No.14997149

>>14997135
No I’m a redditor

>> No.14997169

>>14996956
>It is not immune from broader market movement
The last year would like a word with you

In all seriousness thanks got your insight anon, I really appreciate it because you actually spent some time into it with stats and provokes a decent discussion.
Most threads these days are stupid shill threads conjured up in 1ms.
This thread, the binance kyber reserve thread, and the other one mentioning Oracle buying OTC too are based threads with theories,l, stats and info and I really like it.
Make biz less shit again

>> No.14997184
File: 210 KB, 584x292, 1563270283170.png [View same] [iqdb] [saucenao] [google]
14997184

>>14996793

>> No.14997193

>>14996919
theres no way start ups would get that much link, start ups will buy their own links and free link will only be given to enterprises or reputable companies that already have a reputation to protect

>> No.14997202

>>14996728
its the only coin that matters, who fucking cares about anything else.

>> No.14997309

>>14996728
didn't read never selling

>> No.14997382

>>14996793
>A.B.C.
Mostly understood as
>Anon Buys Crap

>> No.14997484

>>14997184
Saved.

>> No.14997507

>>14996728
Please, oh LINKauthist
I own 0,04 of Linkpool and 898 LINK, doing my best to get to at least 1500LINK before the price goes up.
Will I make it?

>> No.14997578

>>14997507
Do you really need to ask him? DYOR on the the project and figure out the potential for how valuable Link will be. It's not difficult to figure out if you understand the potential for smart contracts.

>> No.14997631
File: 364 KB, 750x750, linkchan.png [View same] [iqdb] [saucenao] [google]
14997631

>>14996728
pee pee poo poo

>> No.14997651
File: 19 KB, 225x225, EB031636-4C9F-463B-B792-C0E2986205F5.jpg [View same] [iqdb] [saucenao] [google]
14997651

>>14996728
Hi autism anon, do you agree 1000 EOY is FUD? I am also autistic with 140 IQ, but I’m thinking it will be just as sudden as how ETH went to 1.4k in a couple of weeks. We just have to wait for a simple presentation of the working tech and it will create a very huge pump like with the google news but even more ridiculous. My autism brain says that once we have even one insurance company use this to increase their cost effectiveness, the moonshot will just keep going up as more companies FOMO in. We just have to be patient and ignore all FUD. Also derivatives and stuff will be nice. I’m just curious though because it’s been 2 years and not much but I still believe with the claimed expansion of the LINK team and someone like Ari Jules leading them, we will all make it lads.

I’ve been in this market for so long looking at different coins who all claim to have better use cases but nothing I see is more exciting and beneficial than LINK itself. I’m all in on this friends. Hope our autism works together and proves us right, so people can stop making fun of us anymore.

>> No.14997886

>>14997193
Also. They are data providers. Why would they need link to start?

>> No.14997924

>>14997069
still you seemed really close to wallet autism, either way 10/10 bread

>> No.14997948
File: 72 KB, 511x496, 1550683443718.jpg [View same] [iqdb] [saucenao] [google]
14997948

>>14997578
>Do you really need to ask him?

Yes.

>DYOR

Ironic.

>> No.14998013

>>14996728
YOU HAD ONE MONTH (1)

>> No.14998027
File: 105 KB, 647x665, Screen Shot 2019-07-24 at 3.09.36 PM.png [View same] [iqdb] [saucenao] [google]
14998027

cock suckin ass niggers

this shit is literally useless and worthless

>> No.14998044

>>14998013
The left can’t meme

>> No.14998062

>>14996728
Redpill

>> No.14998072

>>14998027
yes Sirs the Chain Link is disaster my Dear....
only SELL link dear
buy only MOBIUS and X ROUTER

>> No.14998094

>>14996777
>>14996950
It's a link thread, 777 is expected.

>> No.14998106

>>14998027
Interesting concern.
I suppose a reputable (targeted) node operator should be careful which contracts he accepts.
Spotting and avoiding scams in the smartcontract space will be as useful and necessary as it is in any other area.

>> No.14998117

>>14998044
You have to go back

>> No.14998172

>>14998106
1.Build faulty api
2.Make a contract using CL network
3.Recieve faulty data from faulty api
4.Cash in from sucker nodes
5....
6.Profit

>> No.14998190

>>14998117
The left can’t meme
Nice airplane mode by the way

>> No.14998282

>>14998072
streetshitter detected

>> No.14998293

>>14998282
>no u r the thing u call me
The left can’t meme

>> No.14998343

>>14997651
I think if LINK becomes the industry standard for all defi, including derivatives and insurance contracts, and if enough LINK needs to be staked in each of these contracts to cover the value of the underlying asset, then 1000 (not necessarily EOY, but sometime) is FUD. But this is predicated on a LOT of 'ifs'. I expect Chainlink to hit some of these 'ifs' but maybe not all of them.

If I am being realistic with myself, I think smart contracts will make great headway in a lot of industries in the coming decade, but people expecting a sudden paradigm shift overnight to 100% smart contracts for everything all the time, are as deluded as those people who were expecting a real price singularity in 2018.

I think a 'realistic' target within a few years assuming LINK hits its targets (staking, collateral, reputation) and gets modest adoption by small-medium players is something like $50-100. But that would be my estimation of its underlying value only. There could easily be a speculative bubble that boosts that number to a peak of $200 or $300. Just my best guess, I could be very wrong.

>> No.14998409

>>14998293
>LINK
>left

>> No.14998422

>>14998027
what the fuck does that mean?

>> No.14998438

>>14996728
Based af

>> No.14998459
File: 160 KB, 640x805, C5437CD4-A6C4-412C-8E85-6F356B60AADF.jpg [View same] [iqdb] [saucenao] [google]
14998459

>>14998409
Sergey is an SJW who wants to help Africans get into Europe.

>> No.14998478

>>14998027
LITERALLY WHO LMAO

>> No.14998481

>>14998459
>thats SJW you guys
cope.

>> No.14998560

>>14998459
Don't give a fuck. I'm a hohol-american. When link makes me /comfy/ im gonna spend an entire winter skiing all of Europe and Japan then visiting my grandparents in kiev and wife hunting simultaneously. I'll use those funds to buy properties, support a family, shit out >3+ cis-heteronormative hohols that will have their foreskins intact and they'll know that the Holocaust never happened. Eat shit globohomo faggots

>> No.14998575

>>14998560
i want to go to ukraine too

>> No.14998686

>>14998560
based fellow hohol
the skiing in bukovel is great

>> No.14998780

>>14998575
I can't speak from a 'foreigners' perspective. I was born in kiev months before the soviet union collapsed and parents moved stateside. I went through k-12 but my mom sent me back almost every summer until my teens to kiev to spend time with family. Vacationed a lot in Crimea late 90s, early 00s. Speak Russian fluently. My mom's college buddy at 50 volunteered during civil war and has some crazy stories. It's a shitshow in its own right but kiev is absolutely beautiful and the woman are fucking 8-10/10s on average compared to what passes here. I've been around the block with American women but i absolutely refuse to have kids/start a family with one.

I feel like the westerners attempting the mail order bride route will not have the same opportunity as I do. Like

>> No.14998791

>>14998686
>the skiing in bukovel is great
Fucking cheers to that dude. My ideal ukie chick would be one who's into skiing as much as I am so that will definitely be a stopover. Thanks for the heads up

>> No.14998828
File: 9 KB, 200x279, Ukraine.png [View same] [iqdb] [saucenao] [google]
14998828

>>14998780
i dont want to say much myself because i will get doxxed but we are very similar, good to see another marine from the same area!

>> No.14998865

>>14996728
>The most important point to make is that discord trannies
You mean yourself?

>> No.14998879

Based thread based op

>> No.14998911

>>14998027
So you be saying...If a a malicious contract owner chose 3 of his buddies malicious nodes along with 2 real nodes then they could scam the real nodes out of tokens through the penalty system.

>> No.14998933

>>14998027
>Link is shit and is unusable
>Buy our shitty product instead goy

>> No.14998936

>>14998828
Fuck yeah dude, this just reaffirms my plans. I hope success to you too fellow ukie

>> No.14998969

>>14998911
Penalty system has nodes being randomly selected, so he'd spend more than he got out unless he controlled 51% of nodes.