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/biz/ - Business & Finance


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14779099 No.14779099 [Reply] [Original]

0xDad keeps transferring away his linkies to Binance.
What does this mean for the price in the near term?
https://etherscan.io/address/0xdad22a85ef8310ef582b70e4051e543f3153e11f
Latest transfer to Binance: https://etherscan.io/address/0x5034e3b2414d69be94c2adb9bf7047d0d21a1805#tokentxns

This raises questions we still haven't answered.

>> No.14779140
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>>14779099
In the real world, expanding tech start ups need funds.
>not even %1 of the 35% they have been allotted
Sell weak handed faggots.
You will neck at $10.

>> No.14779241

Who is doing the selling? Are they doing it on behalf of the team or themselves?
If they're selling on the market through Binance, why not transfer straight to Binance?
If they're using Binance as a middleman to obscure the destination, why not transfer straight to Binance?
Who owns the intermediary wallets, and why do they hold other crypto?
Why would any team members sell Linkies, instead of the ETH earned from ICO?
Why would other devs not be selling?
Why would the be selling on Binance and not Coinbase?

Is there any chance the team/team member is selling on Binance now only because it's come after the string of initial announcements, and are now selling because they know there is no immediate news coming next? Do you think the devs have some sort of internal Blackout Date for selling?
If they are transferring to a hot wallet, they need to be selling only under the guise that they are not participating in insider trading, right?
If they are waiting for the next announcement, then selling the top, they might be brought under investigation.
If they are selling now, before a new announcement, they have plausible deniability that they are using their insider knowledge.
What would the most logical strategy be? Are there alternatives?

>> No.14779287

Sergey is taking profits all over you cucks

>> No.14779305
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14779305

I'm going to keep bumping this thread with all my link memes until we get some solid speculation going

>> No.14779369
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>> No.14779482
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>> No.14779508

link is being dumped. this dump will continue for weeks. the only way to make money in crypto right now is to short all alts

>> No.14779512

>>14779305
Post tits or asses
I would take cute traps, but leave the boring outdated memes away

>> No.14779523

Check wallets 12-17 https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca#balances

>> No.14779556

>>14779512
kys mentally ill fag

>> No.14779569
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>> No.14779626
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14779626

TONIGHT !!!!
BOIIIIIS !!!!!

>> No.14779628

>>14779241
They already sold all the ETH from ICO to purchase Town Crier. Now they need more funds for the 5-10 new team members and also to acquire other companies like Clause.

I don't have answers to your other questions about the path of the transfers though.

>> No.14779644
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14779644

>>14779523
yeah, this is equally strange.
The combined holding of those wallets is greater than the amount of linkies transferred out of 0xDad's wallet.
But they are doing something equally suspicious, obscuring their transfers from Binance through one or two layers of dummy wallets.

>> No.14779662

>>14779241
The team has never shilled, they’ve never lied. They have been the definition of professional from the start. If they are selling then I would imagine they have a perfectly plausible explanation.

>> No.14779683

>>14779662
We won't know until Sir Gay speaks

>> No.14779730
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>>14779662
I'm not suspicious about the integrity of the team, but I'm curious about if this selling will put a short term weight on the price.
I'm also curious about whether the cause for the selling is for the individual holder or for the team at large.
Between these two terms, we have a range of possibilities for bearishness or bullishness.

>>14779628
why didn't they tap into the larger 350m wallet then?

>> No.14779762

>>14779683
I agree. I don’t mind the wait either. The big guy has earned our trust in my opinion.

>> No.14779915
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>> No.14780015
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>> No.14780127

>>14779241
yes

>> No.14780132
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>> No.14780446
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>> No.14780503

>>14780015
LOL. Never saw this one.

>> No.14780722
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>> No.14781949
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>>14779569