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

/biz/ - Business & Finance

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10432333 No.10432333 [Reply] [Original]

What happened yesterday that increased chainlink volume so much?

>> No.10432341

>>10432333

trips

>> No.10432350

>>10432333
i mean i bought a ton just in case more news comes out and the price never goest below a quarter again. the information leaking out is really impressive.

>> No.10432353
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10432353

>>10432333
Normies are shilling it now.

>> No.10432361

Bull market is back and normies flooded back to /biz/ seeing all the LINK memes. A lot of threads up right now asking simple questions about LINK we've known for months now. It's very obviously newfags who weren't here 6-8 months ago.

>> No.10432411
File: 564 KB, 814x900, 1532607080384.png [View same] [iqdb] [saucenao] [google]
10432411

>>10432333
meme magic, your digits confirm

>> No.10432597

>>10432411
checked

>> No.10432685

normiendy

>> No.10432712

there was a new website and news about a marketing director and shit

how did you miss that

>> No.10432727
File: 13 KB, 232x162, IMG_0529.jpg [View same] [iqdb] [saucenao] [google]
10432727

The market finally smartened up.

>> No.10432745

fake volume to create liquidity and sell to retards like you who fell for the memes

>> No.10432753

>>10432333
whales have accumulated for the past 6 months and are pumping it to dump their bags on retards

>> No.10432757

>>10432712
and a new tweet when there hasnt been one in 8 months

>> No.10432789

>>10432757
So surreal..

>> No.10432902

>>10432333
>>10432341
>>10432350
>>10432353
>>10432361
>>10432411
>>10432597
>>10432685
>>10432712

NOW

>> No.10432986
File: 72 KB, 882x624, 1523735035473.jpg [View same] [iqdb] [saucenao] [google]
10432986

>>10432902
I've been out of the link loop for a few months. Explain this meme.

>> No.10433001
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10433001

>>10432333

biz fomo. order book thin, less than 30 BTC worth has been sol/bought since then.
rest of volume is all bot trading in between the spread price, so it doesnt effect any price movement.
basically some discord is doing waht tehy always do on link with news, making biz fomo and making a little profit. turning on their bots to trade at spread.

Link is amazing project but dont let this fool you. its still a while away. nothing has changed. just the third new website of the year which this discord always uses to make biz fomo. (not massive number of link threads).

careful anons. fomo is a losing strategy.

>> No.10433701

>>10432333
The new website showed new key figures like a marketing director etc. who pretty much all have major industry backgrounds.

>> No.10433814

>>10433001
>less than 30 BTC worth has been sol/bought since then.
The volume for the past 24h is 315 BTC, dumb dumb.

>> No.10433834

>>10432333
help. Considering fomo'ing in

>> No.10433902

People will say it's the site but it's alot more. They have a director of marketing now. They planning on communicating alot more (or so they say on telegram). There's also a quote somewhere that the hiring of the marketing director will coincide with mainnet.

>> No.10433932
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10433932

NoLinker cope

>> No.10433943

>>10432333
I had to sell some of mine, but was hoping to buy it back later. You're all welcome.

>> No.10434776

>>10433001
Pretty much this, they turned on bots

>> No.10434826

>>10432333
FOMO

>> No.10435014

>>10433001
>biz fomo
Its /biz/ jewfag
>thinks this board has over 50 active users
Kys

>> No.10435282

>>10432333

chainlink released a twitter and sergey actually clicked like on that twitter.

>> No.10435325

>>10433932

havent seen this before. havent read on nostradamus since that shuttle explosion.

>> No.10435377
File: 16 KB, 300x301, 300px-Doublesguy.jpg [View same] [iqdb] [saucenao] [google]
10435377

>>10433814
>>10435014

it's called wash trading between the spread price. that means, it fills no orders on the book. which means that it doesnt effect any price at all no matter what. its a way to make volume look high and super attractive to people without actually doing anything to the price of the stock or commodity.

look how thin links order book is on sell side and buy side. it takes 5 BTC make price jump 10% at any moment. thats all the pajeets had to do. market spend 3-5BTC on the website release, spam biz, create all sorts of fomo and then let biz buy up the rest, then they sell a bit while it fizzles out because it was only biz and then get made a few thousand profit.
this happens al lthe time with link, do we unironically have lots of newfags owning link now?