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/biz/ - Business & Finance


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14142279 No.14142279 [Reply] [Original]

Brainlet here

Why didn't LINK pump over 2 dollars then dump all the way back down?

non meme answers pls

>> No.14142295
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14142295

>> No.14142299

>>14142279
Look at the sell orders that are set up and you'll find your answers

>> No.14142308

>>14142279

2 reasons.

1. As whalekiller told us, whale groups are supressing the price, they had massive sell walls at $2. They plan to suppress the price until 2025 because they are still accumulating.

2. /biz/ is fucking moronic and wont shill this to reddit, which could easily solve the above problem. /biz/ is exhausted from buying, and gets fucked over by sellers, you need new money to come in to get more buying pressure. That new money is reddit.

>> No.14142312

Im glad i want it to stay cheap so i can buy some for christmas

>> No.14142315

>>14142279
coffee cup is under $2

>> No.14142317

>>14142299
Yeah but why are those walls up? Why won't they let it moon?

>> No.14142320

>>14142279
That was the exit pump.

>> No.14142344

>>14142312

>accumulating at prices over $1

I'm fucking cringing. Jesus christ. Never going to make it.

>>14142320

No it was extremely low volume, which is actually bullish. It was a shitty price suppression dump.

>> No.14142350

>>14142317
Because people who aren't desperate and have money can afford to be greedy

>> No.14142353

>>14142317
Confident that it will gain value over the next few years, so happy to use their wealth to keep the price down. Afterall they are making money and increasing their link stacks in the process.

Some autist anon could probably comb through the big sell orders and I'd bet they've already replenished their stack + some

>> No.14142384

>>14142350
>>14142353
fuck this shit, why are people so greedy? then again I guess I'm being greedy too I dunno.

this is all a big ponzi isn't it?

>> No.14142436

>>14142384

everything is a ponzi anon, everything.

>> No.14142499
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14142499

>>14142315
B-but I thought they were talking about a starcucks cup of coffee > $22

>> No.14142585

>>14142279
Bags were dumped.
Bags were bought.
FOMO & FOLE at the same time.

>> No.14142665

>>14142499
Who the fuck pays $22 for coffee?

>> No.14142745
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14142745

Swing linkers and people selling EQL gains to buy the top out of FOMO.

>> No.14142878
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14142878

This same type of price suppression is what BTFO Ark.. What are the ark whales doing now I wonder..

>> No.14142899

>>14142279
Because a blogpost by a single soiboi dev marketer about how chainlink can be used, doesn't mean Google is actually going to use it.

>> No.14143095

>>14142899
Except it literally does? why are people still trying to fud?

>>14142878
yeah I'm afraid we are gonna lose steam soon

>> No.14143103

>>14142279
I fucking told you dumbass faggots that it's time to stop FUDIng and get reddit in on this, we simply need new money to enter the market.

But noooo, can't have reddit getting rich. So we'll stay poor. Google announcement, quick pump, we all exhaust our buying power quickly then whales dump on us. I hope you are happy being poor along with reddit you fucking communist shits.

>> No.14143111

Price manipulation. Someone doesn't want this coin to launch off yet. Why do you think we got that small window of late night dumps youd never see if you were sleeping? Obviously people are accumulating.

>> No.14143120

>>14143111
They literally had 2 years to accumulate though, in very low prices.

>> No.14143136

>>14143120
Im not talking 10 or 20 grand invested. Im talking millions, the kind that could destroy the market if they did it too quickly.

>> No.14143148
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>>14143103
upvoted, classic example of people undermining the fruits of their labor.

>> No.14143170

>>14142279
Link is ethereum 2.0 I'm still waiting for it to hit 7$ next year before I lump in and sell for 400$ like last time.

>> No.14143226

>>14143103
t. redditor who bought at $1.40

>> No.14143248 [DELETED] 

>I fucking told you dumbass faggots that it's time to stop FUDIng and get reddit in on this, we simply need new money to enter the market.

Bizraeilis have fudded so well Link, that the only ones buying/selling/swinging are the bizraelis and whales.

Each post on reddit gets downvoted. It's simply autism
And this must stop, but I am confident that normies can't ignore all integrations and partnerships.

For the whales suppressing price, I don't know

this will all of sudden, it gives me this feeling

>> No.14143289

It was fucking obvious that it was going to dump near $2, I set stop losses at 1.90 and made a cool 30%, thank you for buying my bags. I'll be picking up some more cheapies to ride back up when the trend settles.

>> No.14143302

>I fucking told you dumbass faggots that it's time to stop FUDIng and get reddit in on this, we simply need new money to enter the market.

Bizraeilis have fudded so well Link, that the only ones buying/selling/swinging are the bizraelis and whales.

Each post on reddit gets downvoted. It's simply autism
And this must stop, but I am confident that normies can't ignore all integrations and partnerships.

For the whales suppressing price, I don't know

this will moon all of sudden, it gives me this feeling

>> No.14143357

This is a good thing you fuckin retards. Whales are giving us the opp to buy more

Shut the fuck up and say thank you. We don’t need redditors to buy jack shit

>> No.14143421

>>14143357
Many people on this board went all in when it was cents, they have no money left to buy it a 1,40$
The average biz user has 20k linkies

>> No.14143429

>>14142308
Point 2 is true but /biz/ won't like it. Reddit hodlr normies are being undercut by Twitter trader normies, making the asset held by a far larger percentage of traders looking to scalp profits than other assets of its size. Obviously long term this wont matter when utility becomes the primary price driver, but for now we'll get blueballed often

>> No.14143472

>>14143302
Based, my thoughts exactly

>> No.14143497

>>14142344
$1 isn't shit. Kys kike

>> No.14143539

>>14143497

KYS you eternal accumulator. You had 2 years you fuck.

>> No.14143606

>>14143357

Oh wow, thanks mr whale, now I can spend my entire paycheck and maybe get a few hundred extra stinky ones, isn't that so cool!?

Faggot. For the last 2 years a single paycheck got me several thousand Link. All buying at this point does it raise my average buy in for pathetic linklet tier additions to my stack. You had 2 fucking years, we all had 2 fucking years. You will never be satisfied with your stack. Fuck you, it's time for liftoff.

>> No.14143681

>>14143539
So what should I do Oh great one? Buy boomer ETFs? Chase shitcoin pnds? Let inflation rape my savings account? Link is still my best bet even at these prices. Tell me what you're doing with those paychecks now

>> No.14143683

>>14142308
Go to reddit and look at their portfolio threads. They're a bunch of poor faggots that wouldn't even budge the price

>> No.14144159

Cucks

Reddit this reddit that

Go the fuck back and don't ever show ur cockholster around again