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12449487 No.12449487 [Reply] [Original]

why would binance suddenly list link/usd stable coin pairs? the only other coins with ALL of the stable coin pairs are EOS, XLM, XRP. all high cap coins.
so why would binance do this?

>> No.12449498

More trade volume = more dust they can accumulate for their node

>> No.12449502

What did they mean by this?

>> No.12449506

Because CZ is bro tier and /our guy/

>> No.12449537

BINANCE owns only Ethereum and Stable coins more than LINK.

The list was something like this (someone posted it someday) in this order
#1 Ethereum
#2 Tether
#3 Paxos
#4 Stablecoin (cant remember name)
#5 Chainlink
#6 Ziliqa

>> No.12449744

>>12449537
Holochain

>> No.12449755

>>12449537
Holo

>> No.12449763

>>12449498
Nodus are safu?

>> No.12449765

>>12449537
Are you trolling or actually that stupid? I really can’t tell. Binance doesn’t OWN coins. They make profit off of fees. The coins in the Binance “wallet” are coins moving through the Binance dex. Those are just high volume coins.

>> No.12449900

>>12449763
FUNDUSA SAFU

>> No.12449952

>>12449487

Let me spell this out for you.

YOU (dumbass linkies) have singlehandedly made this one of the highest volume coins on Binance.

BINANCE (smart chinks) KNOW that you guys are apt to connect whatever nonexistent dots there are when something happens with link. So they add gateways for LINK. A few high volume pairs.

NOW, they know you guys will flip out and everyone will buy more, causing a short term pump, and everyone else will FOMO in. They’re gonna make a KILLING on trade fees. And they’re gonna do it with no work, because you all do it for them.

When the dust settles and this shitcoin is back to #61 on CMC, you’ll be back to memeing.

Have fun.

>> No.12449969

>>12449952
fuck off delphi

>> No.12450378

>>12449952
This is unironically going to happen because in reality this erc20 shitcoin is just that.

>> No.12450451

>>12449487
are you kidding? Binance has listed literally dozens of tether pairs over the last year, it's nowhere near just the few coins you listed. It just seems like chainlink finally got enough consistent volume to qualify, and it has nothing to do with what's going on behind the scenes.

>> No.12450480

>>12449952
literally happening as we speak

>> No.12450482

>>12449487
Because of the retweets yesterday.

Seriously though? It's cause this fireside chat thing is gonna be yuge! All the volume, the new pairs, the nonstop pump. The singularity is fast approaching lads

>> No.12450622

>>12449952
>>12450451
with the volume of link lately i could see a justification for having a usdt pair or maybe usdc pair. i just don't see why it needed to have 4 stable coin trading pairs out of nowhere. of course other coins have had stable coin pairings over the past year, but very few have 4 stable coin pairs.

>> No.12450655

To make money off a hype?

>> No.12450695

>>12449969
Serious question. What is this delphi meme I keep hearing about? Please help a newfag out oldfags.

>> No.12450712

link is safu

>> No.12450721

>>12450622
multiple pairs means they can do triangular arbitrage

>> No.12450727

>>12450695
kys faggot. thanks for the sell signal. This literally reminds me of january when half the posts were "how do i buy link."

>> No.12450731

>>12449487
To make it less easy to manipulate, fren. They see this parabolic move on a lack of liquidity so they wanne be on the save side

>> No.12450739

They probably saw a lot of btc>stable coin>btc>Link and decided it warranted the pairings.

>> No.12450741

>>12449537
zilliqa?

>> No.12450746

>>12449952
Lad, wew

>> No.12450760

>>12450727
I dont give a flying fuck about Link. I asked a simple question you tard.

>> No.12450784

>>12450760
it doesnt work like that here

>> No.12450946

>>12450695
delphi:biz::biz:reddit

>> No.12451101

>>12450721
Go on anon please

>> No.12451152

>>12449952
get a load of this faggot.

>> No.12451165

Usd link less than a week before the fireside with DocuSign? Not a coincidence.

>> No.12451181

the binance link info page is down...

>> No.12451261

>>12451101
Consider the pairs LINKUSDC, LINKBTC, and BTCUSDC. With no actual listed LINKUSDC pair you could sell LINKBTC and then sell BTCUSDC to create a "synthetic" LINKUSDC pair. IF all 3 pairs are actually listed on an exchange it could be possible due to market imperfections (big market moves could cause exchange rate discrepancies between synthetic actual pairings that take time to equilibrate) that the synthetic LINKUSDC pair is trading higher than the real LINKUSDC pair. So after you get your USDC from the synthetic pair you buy the actual LINKUSDC pair at the lower price, netting you a profit in LINK. It's triangular arbitrage because you need 3 currencies to do it. It could also be done with USDT, PAX, and TUSD.

>> No.12451389

>>12451261
So baseline volume would increase with no real contribution to actual value? The exchange profits from the listing and fees. Markets profit from the liquidity from arbitration. And the arbiter gets money for providing liquidity. Doesnt seem bearish or bullish correct me if I'm wrong.

>> No.12451443

>>12450760
>>12450784
It kinda does, some times you can ask questions

DELPHI is a retarded group of link owners having a discord and doing stupid shit fud campaigns wherever to keep the price low; I think they see themselfs as some kind of "Link Freemasons" or some shit

Godspeed anon, and ffs get your ducks in a row and dyor about link, you won't regret what you discover

>> No.12451623

>>12451389
Well it also helps decouple LINK from BTC, providing some volatility protection, that seems at least a little bullish to me.

>> No.12451630

>>12449487
>why would binance suddenly list link/usd stable coin pairs?

CZ wants to dump his bags.

>> No.12451686

>>12450727
This. Every LINK thread is filled with newfag retards asking 3rd grade questions. Obvious sell signal.

>> No.12452418

>>12449952
Sad boy. Try to enjoy life friend

>> No.12452460

>>12451443
Thanks anon. You are a godsend

>> No.12452599

>>12449952
>YOU
>BINANCE
>KNOW
>LINK
>NOW
>FOMO
>KILLING
>CMC
damn, lots of words capitalized. maybe there is a hidden message here marines?