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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15584561 No.15584561 [Reply] [Original]

I don't get it, Chainlink was supposed to be THE ONE.
All it took was some shitty FUD articles and now it's all crashing down. Was Sergey's constant dumps the reason for it to be so weakened in the first place?
Why would he do this when he could have sold realistically at $20-50? He's fucked over everyone.
If LINK goes <$1 I'm going to kill myself.

>> No.15584568

>>15584561
Isn't Chainlink that pump and dump scam the news has been talking about?

>> No.15584587

>>15584561
>Why would he do this when he could have sold realistically at $20-50?

Because he didn't believe it could go that high, obviously. He's a scammer, but not greedy like /biz/: he knew when to cash out.

>> No.15584699

>>15584561
The FUD articles would have done fuck all if the price kept creeping up after speculators took profits. It was the relentless price crushing 700ks that seemed deliberately aimed at hitting longs as a capital raise. That established that the team doesn't respect a higher price for the token.

Same shit happened with NEO in 2018. Now the NEO devs are groveling and hoping that funding their ecosystem with tokens (toxic financing) isn't going to be seen as such.

If Sergey had an angel investor buy a pile of tokens OTC, it would have actually been bullish. Instead they did this destructive bullshit. Sentiment has flipped on Link and it will take actual manipulation to gap it up now. Until then (maybe forever) chart bots are in control of this.

>> No.15584722
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15584722

>>15584561
its over..

>> No.15585037

>>15584561
sauce on the pic bro

>> No.15585110

>>15584561
>Chainlink was supposed to be THE ONE

THE ONE is bitcoin and all alts are shit without exception. Best to learn that early in the cycle. They are all scams made to part you from your satoshi.