/biz/ - Business & Finance

Yes its totally naturally is crabbing between exactly 6.66 and 7.77 for 400 days. Nothing to look at here

>>56160010
yeah its really weird. there's a huge amount of sell pressure keeping it from going up, as if some entity holds a large amount of LINK and can just dump forever. it just doesn't make any sense like who could that be?

>>56160010
its climbing ranks while your shitcoins are crashing down

>>56160096
Everytime you mention weird price action shills like these come out of the woodwork to fix the narrative that its sergey dumping thats causing this.

>>56160096
What do you mean?

>>56160107
I mean he literally just dumped a few days ago. This isn't hidden information...

>>56160085
Uh
It didn’t though

>>56160107
wait hold on... its Sergey dumping? Nah I don't believe you he wouldn't do that he's a nice guy and wants the best for biz holders. It's gotta be someone else who holds over 400 million LINK

I wonder how much it costs to hold smartcon in person. Link is cheaper than every successive Smartcon. The first one, Link hit ATH against BTC and ETH and sat at $20 with no staking or ccip. So these conferences are giant wastes of time, probably money laundering from the token dumps

>>56160248
>So these conferences are giant wastes of time, probably money laundering from the token dumps
Thats for Francisco to decide.

>>56160107
The weird price action has nothing to do with Sergey.

>>56160010
But anon it has done something. See for yourself.

>>56160107
>>56160120
>>56160128
pic rel

>>56160010
The conferences, media, and growth are what have kept it in the top 20. Otherwise it'd be a slowly sinking shitcoin like everything else.

There is a negative correlation between price and token dumps so that explanation doesn’t make any sense

>>56160539
what do you mean by that?

>>56160570
have you ever seen a depth or volume chart during those dumps? idk who, but someone IS market dumping millions of LINK each and every time
we also know that the team sent 17 million LINK to binance 4 days ago
you can figure out the rest yourself

>BTC whales
>MEV mafia
>VCs
>CZ
>LINK holders who lend their tokens
These are the people responsible for LINK's price performance.

>>56160599
Link did its absolute worst dumps back when Sergey hadn't moved a single token for months.
You're imagining things.

>>56160581
He means that XRP, ADA, Tron, Doge, fucking Litecoin, ... are all much more important and needed than Link kek

>>56160599
>he thinks the dumps are the only variable in this equation
Many such cases

>>56160646
dude, literally look at the chart
are you implying that I'm imagining the market orders that are available for all to see?
>>56160664
kek, do you people even understand how a chart works?

>>56160010
>>56160085
>>56160096
There is no other project as imminent/misunderstood as Link that is blasted 24/7 on 4chan, Reddit and Twitter by FUD fags, and there is no other project that has as many grifters trying to drop "partnerships" with MUH GOOGLE that are less significant that Links Google Cloud partnership from 2019, twenty fucking nineteen and you have "competitors" trying to float google partnerships as their "link oracle replacement" during fucking SIBOS.

The explanation? Web3 is 99% scammers and VC scum, Gary Gensler is right - but Sergey is going to win regardless.

>>56160691
>dude, literally look at the chart
I just told YOU to look at the chart.
The absolute worst dumps these past few years happened in late 2021-early 2022.
Which is when Sergey wasn't dumping.

>>56160691
Do you understand what a negative correlation between circulating supply and price means/?

>>56160658
i don't understand. what are you trying to say?

>>56160766
>sergey wasn't dumping
ok, my point is that someone WAS dumping on spot
>>56160773
no sorry

>>56160782
>my point is that someone WAS dumping on spot
Obviously.
But it wasn't Sergey.

>>56160790
cool, so apparently, despite all the txs between the team wallets and binance, someone else has hundreds of millions of LINK to dump, keeping it ranged and crabbing
the only one I can think of at this point is CZ himself, but then that begs the question, why would the team continue to send LINK to that particular exchange
nothing makes sense

>>56160846
You'll see the same level of market orders across the entire crypto market, proportional to volume of course.

>>56160875
oh so it's all CZs bots
gotcha, but that does not explain at all the fact that the team keeps sending LINK to that particular shady exchange
why?

>>56160890
Biggest liquidity.
It's also extremely obvious that they're sending Link through Binance so people wouldn't be able track down things like employee or partner wallets.

>>56160909
they could have achieved the same thing with Coinbase, which is much more regulated and (((trustworthy))) than Binance, right? why send your precious LINK at the worst possible market maker this market has ever seen?

>>56160940
Right now Binance seems to have twice the volume of Coinbase, so yeah.

>>56160940
>Binance is worse than FTX and MtGox
Hello, Gary

>>56161070
MtGox is the only reason BTC cracked $1k, you should be respectful kek
well, they are market dumping a fuckton of LINK so and CZ literally brought down FTX so I dunno anon, they seem worse than them desu

>>56161119
CZ is a hero for bringing down SBF, a literaly U.S. deep state jew actor - his parents are going down too, and the recipients of his political donations have names and addresses. CZ is also a hero for refusing to communicate with the SEC, which is just operating as a henchman for the DoJ. Where the fuck are you faggots coming from? Don't you have a date with a dildo up your ass you should be busy with right now?

>>56161190
calm down chink

>>56160085
Ywnb$10

>>56160766
Yoi are waiting time and energy against someone who isnt arguing in good faith

>>56160010
>media awareness
>Video on YouTube watched by 25 people

>>56163684
well why aren't more people watching??
why aren't more people making the obvious and correct choice to invest in FUCKING CHAINLINK, WHICH IS GOING TO TAKE OVER THE ENTIRE CRYPTO AND FINANCIAL SPACE
WHY WHY WHYYYYYYYYYYYYYY

>>56160010
This is where Sergey wants it. It isn't leaving this channel. Ever.