[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 183 KB, 600x606, 1581997546036.jpg [View same] [iqdb] [saucenao] [google]
17428304 No.17428304 [Reply] [Original]

WHAT THE FUCK WAS THAT

>> No.17428315

>>17428304
The exact moment anons realized that Link was not going to dump today. See you all at $5!

>> No.17428317

0.0144

>> No.17428324

It's fucking over.

>> No.17428329

>>17428304

You just WTF was that.

>> No.17428473
File: 224 KB, 1080x2160, Screenshot_20200225-072252.png [View same] [iqdb] [saucenao] [google]
17428473

I don't get it

Who the hell has deep enough pockets to accumulate enough link to tank the price and also the desire to fuck themselves over by dumping till they're selling low and then sell into strong buying pressure?

>> No.17428484
File: 239 KB, 1080x2160, Screenshot_20200225-072518.png [View same] [iqdb] [saucenao] [google]
17428484

>>17428473
You would almost think link was just following btc, looking at this graph

>> No.17428496
File: 231 KB, 1080x2160, Screenshot_20200225-072533.png [View same] [iqdb] [saucenao] [google]
17428496

>>17428484
But then you see link was pumping against btc over a similar period to when btc was pumping against USD

So what the fuck? Has link been pumping in sats when btc pumps and dumping in sats when btc dumps? I don't get why that would happen

>> No.17428522
File: 651 KB, 2289x2289, 1572963412359.jpg [View same] [iqdb] [saucenao] [google]
17428522

>>17428473
>>17428484

>> No.17428530

yeah, I'm thinking we're back

>> No.17428612
File: 14 KB, 276x300, 6AF22EBB-AE60-494C-841B-B501430A3D8B.jpg [View same] [iqdb] [saucenao] [google]
17428612

>>17428473
>whales manipulating the market

>> No.17428661

>>17428496
It just means Chainlink is following BTC, but with more volatility.

Alts in general tend to "follow" BTC automatically because of the tons of trading bots on exchanges.

>> No.17428689

>>17428473
> 1m chart

>> No.17428708
File: 148 KB, 1114x758, Link Btc 16th 19th.png [View same] [iqdb] [saucenao] [google]
17428708

>>17428612
Yes.

The yellow frames in pic are when Chainlink hit ATH.
(((Somehow))) Bitcoin managed to dump right on cue to stop Link from crossing its all-time high TWICE IN A ROW.

>> No.17428732

>>17428708
Weird that before the first yellow dump, link was pumped independently of btc, but then it followed btc afterward.