/biz/ - Business & Finance

>>16367950
The dumps aren't effecting LINK too much. Chainlink is slowing gaining power over bitcoin. Chainlink IS KING.

>>16367950
Too lazy to make it, but imagine a meme with a crying apu asking your question and a chad sergey bust saying '700k'

>>16367950
I hope so. I'll be scooping up some free linkies if it does. Set my buy order at 2.05.

>>16367950
I can't wait. Might buy if they do. Hodling cheaper ones like CENNZ, PLG, and some others atm.

>>16367972
It's down 33%

>>16367950
Here’s a quick rundown
>schizo anon confirms CL team is manipulating the market to accumulate LINK
>Wallet analysis will get you Epstiened
Bullish imho

>>16368008
it's near ATH in sats

>>16367950
Good chance. I'm bearish until $2 but will be very skeptical of bear traps below that mark. If it breaks $2 for a 1D close this shit will free fall to $1.20

>>16368013
That was the best larp in months

>>16368024
Retard.

>>16368058
...probably not bro

>>16368060
That is literally the truth. You’re the retard

>>16368008
>>16368024
>>16368060
It's at 32220. Max was 39500, it's very close. Consider the price bitcoin was at when LINK was 39500.

>>16367950
Everyone seems to think so, so my bet is no. Always do the opposite of what biz says.

>>16368060
>>16368024
Why are people selling chainlink right now though? Is it just bots? Like nothing about the project has changed this last week except that Btc crashed. Explain to me why this leads some people to sell their alts? And why is no one buying? Wtf is this fucking market?

400k LINK buywall on Coinbase says no

>>16368138
yes, it's largely bots who control the price. hence why everything else tends to go down when bitcoin goes down and vice versa.

>>16367950
Bottom is between 1.75Iish and 1.85ish

Then we're rallying to 12.60

>>16368138
>Why are you selling before a major dump

Nothing personal stinkie

>>16367950
HOLY SHIT 350K DUMP INCOMING
https://etherscan.io/tx/0x767e7b9ba16d861122672591183f64d563eee3466a6f5ca137ded3ce17a82b81

>>16368159
>Link will dump with minor pumps until BTC recovers
>will lag behind as massive selling continues
>shortly afterwards rally to one cent
>

>>16368156
>>16368162
Did you sell your GM shares when Tesla took a hit? I still dont understand why a bitcoin correction should lead to a chainlink correction. No one can explain this.

bought at $3 ama but probably wont answer because im retart3d

>>16368235
Because GM doesnt have a Tesla trading pair. Link and btc are traded together. What is so hard about this that people don't understand? Every shitcoin is traded with a btc pair. It has the same effect as the dollar crashing would on a stock price.

>>16368235
>we are decoupled!
>link pumps and btc dumps because evil whales want to supress the 4ir!

>tfw still in the red and bought the "dip" at $2.30

Oh GOddd marines im gonna fucmingg CCOOOOOOM

>>16368361
Buy more.

I don't feel so good guys

>>16368777
Get your shit together you’ve got trips to rep

>>16368118
>>16368119
>>16368138
>missing the point this hard

Nobody fucking cares about 'sat' value you stupid cunts. Dollar value is the only thing that matters, everything else is cope.

>>16368260
It still doesn’t make sense mate. The usd dollar crashing has a whole lot more extrinsic and intrinsic importance than Btc losing USD value. The dollar crashing would unironically suggest the entire economy is going under.

How does Btc losing some ground affect chainlink’s outlook? If anything, chainlink’s usd value should be flat and it’s sats value increasing. But this market doesn’t make any fucking sense.

LINKIES confirmed getting conned by Sergey
>>16368214

>>16368924
Sat value is what matters because it is the original and most important LINK trading pair, brainlet. The price of BTC determines the price of LINK. It goes BTCUSD ---> LINKBTC ---> LINKUSDT in terms of deciding the value LINK. You know nothing of the history of LINK price action or what came first. LINK is holding up fine in this BTC dump which means the overall sentiment behind LINK is steady. BTC is what matters in crypto. People always trade USD for BTC and then buy alts.

Fail fud, bitch

>>16367950
>great opportunity to accumulate more