/biz/ - Business & Finance

idiot

I told you time and time again, they are just using shitlink as a short signal to every other market maker/player, it's not a fucking conspiracy
whenever a huge dump is prepared, they pump link, that's it
now you can either profit from this knowledge and do something, or you can keep holding and whining on 4chan like a cuck until it trends to zero

>>52427995
the good thing is that it is going to touch 9 again for sure

2 coins 1 hammer
I feel legitimately bad for linkies

>>52427995
it's a link specific phenomena

>>52427995
Every alt really given chainlink has just been caught in the flow.

compare any altcoin chart to bitcoin's, it's literally the same. Nothing special about LINK.

>>52428141
None of them have dozens of instances like in OP pic and mine.

>>52428141
alt denominated in btc is not the same as link/usd causing btc to dump ser

>>52428305
Have you considered that link follows bitcoin just like every other crypto that shares local top with btc?

>>52427995
tell me bro are you fucking simple?

>>52428371
>link follows bitcoin
Everything follows Bitcoin in a major crash.
It happens automatically through trading bots and orders.

Are you so unbelievably retarded that you don't see what these pics are about?

Cup of coffee more than $9 is just absurd

>>52428141
>>52428371
>Anno 2022
>/biz/tards still can't grasp the difference between following BTC in a crash or causing BTC to crash

>>52428305
check XRP, DOT or XTZ.

>>52428309
it's the other way around.

>>52428452
you're blinded by your strong attachment to LINK. Never marry your token.

>>52428573
>check XRP, DOT or XTZ.
Show me.
inb4 you overlay the carts over extended periods of time.

>you're blinded by your strong attachment to LINK
No, you don't understand the very basic thing being shown here.

It happens to every altcoin. Link is not special. I will not provide any examples and I will ignore the hundreds of instances of massive market dumps which just so happen to coincide with link pumping against the market. Also I will blatantly misrepresent your argument and refute it by pointing out that every altcoin dumps when bitcoin dumps. Checkmate Linkies.

>>52428397
>>52428452
>schizos think link is special and doesn’t follow major crypto trends like every other project
you can use the same argument for nearly every crypto retards

>>52428627
>major crypto trends
Pic related is not a "trend".
It's Link causing Bitcoin to dump.

>>52428621
>It happens to every altcoin
lel so show us.

>>52428721
sorry i didn't realize i needed to tag my post with [SARCASM] [PARODY][NOT SERIOUS] for braindead retards like you to understand

>>52428781
kek, I only read the first few words like a chad

>>52428706
nice pic except as you can see in OP’s “proof” both BTC and link follow the same trend.

>>52428721
>>52428808
>being a midwit makes me a chad
link baggies are just overall delusional kek

>>52428852
The point of the pic is that Bitcoin crashes whenever Link hits $9, regardless of what price Bitcoin is at that time.

First dump:
>Link: $9
>BTC: $30k

Second dump:
>Link: $9
>BTC: $24k

Third dump:
>Link: $9
>BTC: $21k

>>52428589
>show me
I'm at work right now, but you do that it should be simple.

>>52427995
LTC tops also signals market dumps

>>52428903
topkek

>>52428896
it’s called resistance

*WARNING: THIS POST CONTAINS SARCASM*

I'm at work and on the toilet and about to go to sleep and about to fuck my 10/10 qt jap waifu and go to sleep and then about to get on a plane and then about to eat and not at my computer and paint is broken and gimp won't download and krita is cringe and my mom banned all charting apps on my router or else i'd totally refute you by showing you the same pattern on every other altcoin so you'll have to prove my point for me

>>52428573
>you're blinded by your strong attachment to LINK
I also hold other coins. None of them display this phenomenon.
>>52428627
>you can use the same argument for nearly every crypto retards
You literally can't. All coins drop when Bitcoin drops, that's the whole point. Only LINK predicts a bitcoin (thus marketwide) crash so consistently. Dozens of instances mentioned in this thread, many more are documented.

>>52428985
>or else i'd totally refute you
Well isn't that convenient huh???

>>52428985
based linkbaggies are retarded schizos

>>52428965
lel yeah, Bitcoin keeps bouncing off Link's resistance levels. Totally normal market behavior.

>>52429013
>bitcoin pumps
>everything else including link pumps
>bitcoin dumps
>everything else including link dumps
>OMG IT’S ALL BECAUSE OF THE ONE COIN I’M BAGHOLDING
meds schizo

>>52429051
>link can’t go beyond it’s resistance when market pumps
yes, literally it is. Linkbaggers are the trannies of crypto

I swear you linktards are so retarded i'd prove you wrong but I have to go save a family of kittens from a burning building. This will not, however, stop my from posting another 34 times in this thread.

>>52429061
>Bitcoin crabbing
>Link pumps
>Bitcoin dumps

>>52429083
When Bitcoin dumps, arbitrage bots and orders drag everything down with it.
Literally nothing pumps while Bitcoin instadumps.

still waiting for someone to post a chart with another coin exhibiting the same behavior

>>52429158
I was compiling a chart of how every time harry0tterobamasonic5inu pumps bitcoin dumps but then my grandma spontaneously combusted and my computer caught on fire so i'm posting from an old flip phone or else i'd do it. you'll have to do it yourself and prove my point for me.

>>52427995
I'm a link hodler from 2018. Not to get crazy, but is it possible that every market maker that senses a BTC crash calls queries to price API which then drives up the LINK price? Perhaps every market player using LINK for pricing is a fixed amount of LINK which drives the markets up for a fixed amount. For example lets say 10 banks are using link pricing data, before a big crash they all query the API and drive the price up to $20. Then it crashes and say 4 banks are using the pricing data, before a big crash all their usage then it drives it up to $9.

All in all I don't think this explanation is sufficient, because there are many other factors at play. I only make this post to illustrate the absurdity of the scenario where this price movement is natural

>>52429199
>is it possible that every market maker that senses a BTC crash calls queries to price API which then drives up the LINK price?
No.

>>52429099
>nothing pumps when BTC instadumps
where did I say otherwise?
>bitcoin pumps a little while crabbing
>some coins pump more sharply
It’s like you niggers are new to crypto or never held another coin, I’ve seen the exact same thing with my projects and it never crossed my mind that it’s because they’re special. Altcoins pump and dump sharply during bitcoin crab, gtfo newfags

>>52429246
>where did I say otherwise?
When you implied Link should be able to break above resistance in the midst of a Bitcoin instadump.

>>52429246
this. I could and would point to the thousands of other instances of other projects exhibiting the same pattern but my a rocket just flew over my house and now I need to go to my nuclear bunker. someone else will have to post them for me.

>>52429273
Not instadump but preceding pump retard. Do you even know what resistance is? It’s like I’m talking to a baby.
>>52429290
is this what they call sarcasm on r*ddit? Spoonfeed yourselves lazy faggots

>>52429385
The second Link broke above $9, Bitcoin instadumped.

>>52429290
>>52429198
this. I have noticed that NiggerCoin always goes down in price when bitcoin is crashing. chainlink theory deboooooonked

>>52427995
Post link/BTC plz

>>52429399
>lel yeah, Bitcoin keeps bouncing off Link's resistance levels. Totally normal market behavior
This is what I was replying to, where do you see instadump? I’ll explain it like to a retard, bitcoin pumps altcoins pumps, but not all altcoins pump the same, some altcoins, like link, can’t break through their resistance (see resistance on investopedia).
>the second link broke above $9
ok and? It’s you who create a false axiom that predicates $9 being magical number. It’s not and linkbagger schizos like you are delusional.

>>52429459
>where do you see instadump?
Right here.

>ok and?
And Bitcoin dumps as soon as Link breaks above $9.

bros, throw away yar ideas. They're trash. participate in Bspin.

> Strong casino with a BTC as the playing currency.
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>>52428965
>bitcoin just moving around between resistance and support
>Link (A different altcoin) hits its resistance
>bitcoin dumps randomly
Its just resistance bros

>>52429480
>make $9 resistance a magic number in his head
>when link approaches it before a dump in market it doesn’t mean it simply couldn’t break through resistance, it means there’s a global conspiracy, even though every other altcoins goes through the same pattern but not in exact way because every altcoin has differences (some pump 10% some pump 20%)
you’re literally a schizo who has no argument and uses a circular logic to prove his point that’s predicated upon an unsubstantiated axiom.

>>52429513
>bitcoin is crabbing
>every altcoin behaves differently
>link in this case can’t break though its resistance
>IT’S ALL BECAUSE OF LINK!!!
there are anons on this board taking financial advice from delusional schizos

>>52429530
>>make $9 resistance a magic number in his head
lmao, there's nothing magic about it. Bitcoin simply dumped every time Link went a hair above $9.

ok I did my own research and finally proved that this phenomenon happens to all altcoins and not just chainlink. STINKLINKERS B T F O

>>52429574
and? that means $9 is a resistance for link. Why are you acting like there’s something special about it?

>>52429600
>that means $9 is a resistance for link
No, Link's $9 is resistance for Bitcoin.

https://youtu.be/8nEPWUFgfvk

People will really see countless examples of hard evidence then still deny it all just to gaslight you into selling.

>>52429587
there are small BTC pumps whenever link has larger pumps unlike your crap pic. You’re either a delusional schizo who attaches greater importance to his coin because it’s his coin, or you’re a desperate bagholder trying to trick people into buying your useless Oracle that was ripped off by binance just like binance chain ripped off eth. Either way you’re a subhuman and should consider pic rel

>>52429614
according to what argument? That’s right you have no argument, you made this claim and treat it as an axiom but it was never proved to be true and is disproved by every other altcoin that follows similar trends.

>>52429620
>link follows crypto market like every other altcoin so it’s special because I hold it
clinical narcissism meets schizophrenia

>>52429670
>according to what argument?
Bitcoin dumping the second Link goes over $9.

>>52427995
All coins go down when BTC goes down. You ignored the bit where LINK along with everything else squeezed upwards due to optimism over Binance acquiring FTX.

The reality is that no one is really using Chainlink data feeds right now so there's no real justification for an increase in price.

>>52429692
That’s not an argument that proves your claim. Link simply hits resistance whenever crypto has a pump.

>>52429689
1) Chainlink receives positive news / pumps hard toward resistance
2) BTC immediately dumps hard out of nowhere
3) LINK price craters

This is not LINK following BTC you fucking retard, this is textbook market manipulation otherwise it would not correlate so perfectly so many times with positive news/price action on LINK occurring first.

>>52429706
>That’s not an argument that proves your claim
Bitcoin dumping every time Link went over $9 proves that Bitcoin dumped every time Link went over $9.

>>52429692
>link hitting $9 resistance during market pumps proves that the market is rigged against link because it hits $9 resistance during market pumps which proves that the market is rigged because
schizos are subhumans

>>52429743
19 fucking posts trying desparately to convince people not to look at the evidence. You're scared of what happens next.

>>52429725
Bitcoin got short squeezed up to 21k because of the good CPI reading (it follows the NASDAQ) and LINK followed BTC. Then BTC crashed when FTX was insolvent.

>>52429743
>>link hitting $9 resistance
And then Bitcoin dumps. Every time.

So really, Link's $9 is BTC's resistance.

>>52429725
>chainlink pumps just like every other crypto during market pumps (literally the OP’s pic)
>it can’t cross resistance
>it dumps together with the entire market
>it would not correlate like throughout entire crypto history
you’re a newfag, I know it, you know, go back

>>52429761
>ignore all previous evidence, try to make it look like I'm only talking about the FTX crash, muddy the waters

We know your book, we're coming for your ass.

>52429734
It proves that the current resistance for link is $9. Nothing more and you have no argument to prove otherwise.
>52429749
>post count
The guy I’m replying to has 20 posts and not a single contains evidence, neither do yours. Go back to r*ddit
>52429781
No, it’s simply link’s resistance. You’re an idiot.

>>52429787
There's no "previous evidence" lol. LINK follows the rest of the market. The correlation to ETH is super-high.

>>52429787
OP’s “evidence” includes FTX crash. So which is it nigger?

>>52429832
There is literally YEARS of evidence that has been compiled. Your downfall will be your ceaseless hubris that never lets you back down until you get annihilated.

See >>52429620

>>52429832
>There's no "previous evidence" lol.
lmao

>>52429826
>It proves that the current resistance for link is $9
No it doesn't, Link on its own would've broken through, but it couldn't because Bitcoin dragged the entire market down every time.

Use Bspin BEST crypto online casino.

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>>52427995
https://youtu.be/VZP5lIzGNT8

In your fear and uncertainty it will be tempting to put your trust in some person or group who emerges and claims to have a "way out", which will involve sacrificing some of your liberty. You must resist this urge. These self‑proclaimed saviors may appear in many forms, under any number of banners: "intellectuals", "influential people", "progressive thinkers", "billionaires", "the UN", "the EU", "self‑selected multinational coalition", "global leaders", "world governments", "radicals", "revolutionaries" or some combination of these. They may appear charismatic. They may appear to have your best interests at heart. They may stand united, arm‑in‑arm, proclaiming "We know the way forward", advancing some form of "people's revolution" or "Global Reset" where "you will be in charge", hawking various "‑isms" and promises of a better tomorrow. These people are not your friends. They are not to be trusted. They are the same global banking elites using the same fear tactics, shilling the same magic potions and snake oils as always. They want only one thing: power.
https://www.youtube.com/watch?v=Cieu5nDDssc

>>52429877
Your "argument" here is that LINK shouldn't be correlated with the entire crypto market because... It just shouldn't okay?!?!? meanwhile every other coin is. But LINK is just special okay?!?!??!

>>52429917
My argument is Bitcoin shouldn't be dumping on Link resistance.

>>52429917
News came first, then the dump but you think people are too stupid to look at the timestamps? You're a joke.

>>52429936
Why not, BTC also met a resistance

>>52429998
>BTC also met a resistance

Link resistance: $9, $9, $9
BTC resistance: $30k, $24k, $21k

>>52430027
Ok? It's common for assets with higher beta to bottom before those with lower beta in a bubble-burst environment. LINK ranges from 5.50-9 while BTC stair-steps lower. Simple.

>>52430060
That doesn't explain why Bitcoin dumps every time Link precisely hits $9.

>>52430070
Because the whole market is in an uptrend off the previous low... LINK has already bottomed (probably), BTC has a few more stair-steps to go before it's done nuking, probably at around 12k.

>>52430123
This in no way explains why Bitcoin dumps every single time Link goes over $9.

>>52430070
Not only that, the BTC dumps on positive LINK news are even more telling. How do the seething fags ITT explain that?

>>52430134
Let me try this again. Since June:

LINK support - $5.50
LINK resistance - $9

When the market has a leg down, since BTC hasn't finished nuking yet, LINK goes near support and BTC finds a new low. A new uptrend begins until BTC finds a new resistance. LINK also touches the current resistance ($9). BTC is not done nuking so down it goes again, ending the current uptrend, LINK goes back to support.

>>52430154
>the BTC dumps on positive LINK news are even more telling
They sure are.

>>52430166
>LINK resistance - $9
How is $9 Link resistance when it's Bitcoin dumping every time Link hits $9?
For all we know, Link would've broken through $9 on the first try if BTC hadn't dragged the whole market down.

>>52429877
>my coin didn’t pump so the market is rigged
>clinically narcissistic npc
>>52429936
>bitcoin and the entire market goes up
>link hits its resistance
>after the pump comes dump
>link dumps like every other altcoin
No one gives a fuck what you think should and shouldn’t be happening schizoid retard.
>>52429939
Exactly same thing happened to Aleph Zero, staking came out the whole market dumped. That’s how retarded you sound schizo.
>>52430027
>I decide what resistance should be
Clinically
Narcissistic
Npc
>>52430070
Because it’s link’s resistance idiot go look up the term and stop shitting /biz/ with your mental illness

>>52430134
>>52430154
>>52430192
pure clinical narcissism. The solipsistic npc cannot conceptualize themselves not being the center of the universe.
>>52430166
Don’t bother, it’s either bagholders or mentally ill people. When /biz/ autists larp as schizos it attracts actual schizos.

>>52430166
Never in my 6 years in crypto have I seen an altcoin that touches or exceeds resistance at the EXACT moment the market crashes, and then proceeds to do so dozens of times. What are the odds of that.

I know you are just trying to come up with a non-deluded sounding reason for this occurrence, but after years of discussing this not one plausible non-deluded reason has been presented, and the pile of "coincidences" keeps growing.

>>52430198
>Bitcoin dumps
>because it's link's resistance
Thanks for finally admitting it.

>LINKIES are literally so powerful that their coin pumping by a measly few dollars is enough to nuke the entire cryptomarket

Kneel.

>>52430198
>>52430228
It's very simple:
>Link breaks through resistance
>BTC instantly dumps

There's nothing subjective about this observation.

>>52430236
That’s the entire history of crypto market. I can’t count how many times I was frustrated my projects followed bitcoin or bitcoin dumping fucked a rally of one of them. You’re not special get it though your head and invest in other projects you’ll see the same thing.

>>52430241
>link can’t go beyond its resistance because it is link’s resistance
>after marketwide pump comes marketwide dump
>link dumps
tell your psychiatrist about link and ask for meds subhuman

>>52430249
It literally is because there’s nothing that makes link here special except for your claim that it’s special. Go and analyze other projects and you’ll find plenty of such occurrences clinically narcissistic subhuman.

>>52430261
>I can’t count how many times I was frustrated my projects followed bitcoin or bitcoin dumping fucked a rally of one of them
It's pretty ironic that the guy ranting about solipsistic npc cannot even conceptualize why the above has no bearing on this situation. 26 posts in and you still don't grasp the basic premise of this phenomenon.

>>52430298
>there’s nothing that makes link here special
So show me the same thing happening over and over again to other coins.

>>52430328
he completely understands and is feigning ignorance in an attempt to appear organic, it's obvious what is happening and he's trying to downplay it

>>52430298
Why does people like you always have an extreme post amount and high emotional reaction to these threads, but never actually present any of the other projects you claim show an equal amount of presumed correlation? You'd think it would be easy based on your own posts.
Also don't forget to change up your pejoratives, it gets weird reading the same thing every post

>>52430192
Because they're both at resistance... BTC resistances are lower as it's in the bottoming process. LINK has probably already bottomed so it remains range-bound. They're tightly correlated because all cryptoassets are tightly correlated.

>>52430236
That's literally how they work and how high beta stocks in the real stock market work, high beta often bottoms first before the indices and is rangebound until the indices finish nuking. You can see this even in the regular market where garbage like ARKK has been mostly rangebound since June even while the indices made new lows

>>52430513
>Because they're both at resistance
Bitcoin is at three different random prices.
Link is at $9 three times.

>>52430549
Do you not understand what a bottoming process is?

>>52430561
It does not explain why Bitcoin instadumps every time Link crosses resistance.

>>52430261
If this happens so much to other projects why can nobody ever show any proof of it happening?

>>52430584
You have the causation backwards. LINK dumps when BTC hits a new (lower) resistance as BTC is still going through the bottoming process. LINK already bottomed but there aren't really any new buyers showing up to drive it above $9 so it's just ranging.

>>52430533
>That's literally how they work and how high beta stocks in the real stock market work
No, that's not how it works. Normally an asset would accept or reject resistance independently. Sure, a big move in the market might temporarily push it over or under this critical point, but in the end during a relatively quiet market the asset will reach resistance by itself and either accept or reject it.

For a while now, resistances for LINK are not rejected by the asset itself, but because the market dumps. That is very odd and not how things normally work. I'm sure your high beta stock theory is sound, but it doesn't apply in this case.

>>52430645
>LINK dumps when BTC hits a new (lower) resistance
Bitcoin dumped every single time Link crossed the $9 resistance during the past 5-6 months.
every
single
time

>>52427995
Better get the biweekly chart and observe how it goes up up up and then fatass flannel cuckold dumps on stinky linkies to pay salaries and wages of toasties.

>over 100 replies of mostly rabid nolinkers
>still no screenshots of charts that behaves like links
hmm makes one think. it would be SO easy to prove us smug linkies wrong, yet no one has done it. very strange... very peculiar

>>52428573
Yeah exactly every coin pumps when btc pumps and dumps when btc dumps.
Someone post the chart showing how links chart is exactly the same as LTC and other shitcoins

>>52431144
we told you to check the charts of LTC, XRP, and many many others. I'm not gonna spoon-feed you.

>>52431637
>no screenshots
thanks for proving us right yet again

>>52431665
He’s talking about the long term chart. It was their go to argument in the past when these threads were made. The long term chart isn’t relevant anyway, of course the charts would look similar, that’s the whole point of the suppression

>da wales r occumulating

>>52431637
>t-trust us bro