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File: 130 KB, 1000x608, vitalik 24 million USD sell eth.png [View same] [iqdb] [saucenao] [google]
14834130 No.14834130 [Reply] [Original]

>Vitalik sells around 25 million USD worth from his PERSONAL stash
>"I sleep"

>Sergey sells a couple million USD worth to expand the company (as promised)
>"OMFG HOW DARE HE???"

>> No.14834149

both are wrong. stop praising sergey he's a scammer

>> No.14834168
File: 61 KB, 1826x1006, chainlink ico token distribution use.jpg [View same] [iqdb] [saucenao] [google]
14834168

>>14834149
>he's a scammer
Pic related is from before Chainlink's ICO in 2017.

>> No.14834171

>>14834149
Stfu you'd do the same

>> No.14834173

>Vitalik sells 25m USD worth of ETH
>this is about 0.07% of the mcap
>Sergey sells ~8.4m USD worth of LINK
>this is close to 1% of the mcap

>> No.14834179

>>14834173
of their respective coins, I mean

>> No.14834232

>>14834173
>>14834179
Sweetie, the Link "sold" by Sergey didn't come from the mcap.

All you're doing is pointing out how ETH's mcap at half its ATH was 60x higher than Link's mcap at full-on ATH.

>> No.14834262

>>14834173
>>14834179
Not to mention the fact that you're aggregating all of Sergey's sells, while only counting the one sell by Vitalik from OP.
And you're ignoring the fact that Sergey's sells are in the interest of expanding the company, while Vitalik's are for his own personal benefit (not that there's anything wrong with that).

>> No.14834270

>>14834232
at least skeleton boy market sold and let some lucky boys get some eth for a dollar and let the price recover
sergay is peak jew and selling for every penny, slow bleeding the price with constant pressure

>> No.14834280

>>14834270
>at least skeleton boy market sold
>sergay is selling for every penny

literally what?

>> No.14834292

>>14834171
>you'd do the same
Who gives a shit.. we are here to make money, this is not an unofficial Sergey-fan-club. When he drops so much, we (I) are loosing money..
I obviously have a problem with the "dumping", but the main problem is that he/the team, has not stated what they need the money for. Is this direct income for Sergey (as you hinted in the "you'd do the same" comment, like does he sell these tokens to buy cars, houses, stocks? Or does it go to development of the company? so far they have only said they were gonna hire a dozen new employee.. but 10 million $ is a lot for that few employees, and furthermore they got 32 million in the ICO sales..

>> No.14834301

>>14834292
>When he drops so much, we (I) are loosing money..
He's expanding the company with that money. Same as companies who sell stock.

Stop being a brainlet.

>> No.14834332

>>14834280
he is selling small amounts constantly getting maximum value for his tokens
vitalik sold in one huge order, emptying the order book all the way down to the bottom and people got some eth for 1 dollar each or lower

>> No.14834349

>>14834332
If things were the other way around, you'd be applauding Vitalik for "spreading out the blow", and lambasting Sergey for "dropping the hammer all at once".

>> No.14834364

>>14834292
>the main problem is that he/the team, has not stated what they need the money for.
Yes they have, very clearly.
You just didn't look into it because you're lazy.

>> No.14834372

>>14834232
He meant of the supply you brain dead moron. LINK has 10x the supply of ETH. Sergei has sold 2x more (proportionally) than Vitalik every day for over a week. This would be like Vitalik selling 70k ETH PER DAY.

>> No.14834414

>>14834372
>He meant of the supply
He was talking about mcap, yes.

See >>14834232
and >>14834262

>> No.14834435

>>14834364
They have said they are hiring new people.. that is it. And as has become obvious from this sell off, then the 32 million $ they raised during the ICO is long gone.
Ask yourself this, how did they spend 32 mio $? they did aquire Towncrier, but other than that it doesn't make sense how they could spend more than 1.5 million $ a month, without having to enrich themselves.

>> No.14834439

>>14834372
>This would be like Vitalik selling 70k ETH PER DAY.
Let's stick with actual monetary value, lmao.

Nobody cares if 1 USD is "10 out of 100 x-tokens" or "50 out of 100 x-tokens".
1 USD is 1 USD.

>> No.14834444

>>14834168
Don't try to reason with these nulinker brainlets.
They follow the following logic:

price goes up
>coin good
price goes down
>coin scam

>> No.14834453

>>14834435
>They have said they are hiring new people.
>that is it.
Wrong.

Stop embarrassing yourself and actually look it up.

>> No.14834474

>>14834444
checked

>> No.14834476

>>14834444
fucking checked, these nulinkers really starting to piss me off. I hope they sell.

>> No.14834504

>>14834444
Checked

>> No.14834505

the only reason I wish I sold is so I could increase my stack desu, long term is still bullish

>> No.14834506
File: 13 KB, 480x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google]
14834506

>>14834444
I'll check.

>> No.14834532
File: 690 KB, 850x562, 1562578894896.png [View same] [iqdb] [saucenao] [google]
14834532

>>14834130
Hi everyone. Sergey here. The thing about expanding the company was a partial lie. We will hire 2 mexican janitors to clean up the company's offices every day, that's it. Somebody has to clean up the big mac crumbs over the floor and Adelyn is tired of it. I'm actually selling all of the 350,000,000 chainlink tokens in order to host the biggest burger eating competition the world has ever seen. Fundamentally, it will be streamed on all television networks in the world. Oh and theoretically we're all made of cheese, SWIFT is using their own centralized version of the chainlink oracle and I'm about to fundamentally disappear into the philipines. Thank you very much.

>> No.14834546

>>14834532
See?
And y'all were worried.

>> No.14834800

>>14834168
Been in link for about a year and a half and never seen this.
It actually explains alot about the dev's selling link.
This btfo all and any fud

>> No.14834829

>>14834800
no way you did not see that, did u buy as a meme token?

>> No.14834845

>>14834149
>Both are wrong.
Okay where is the blockchain project you've been working on that you wont profit from at all?

That's what I thought dumbfuck. Stfu and let the free market capitalists and economists do the thinking brainshit

>> No.14835093

>>14834800
You're welcome.

The higher the price of Link -> the more Sergey can BUY his way to the top -> the higher the price of Link -> etc.

>> No.14835124

>>14834130
Nobody with any real amount of LINK is crying about this. It's only teenagers and neck beards with 1k stacks who don't matter anyway.

>> No.14835197

>>14834173
What's your point?
1) ETH market cap is much, much higher
2) Sergey is using the money to expand the company, Vitalik was probably using the money to buy more CP

>> No.14835215

>>14834444
Based, fuck nulinkers crying right now.
Deal with it and hold you bitches.

>> No.14835225

>>14834168
>erc20 token

>> No.14835231

>>14834130
holy shit, link is following eths path to top 5

>> No.14835449

>>14834130
>Vitalik sells around 25 million USD worth from his PERSONAL stash
0.05% of the market cap
>Sergey sells a couple million USD worth to expand the company (as promised)
1.3%

Literally two orders of magnitude difference

>> No.14835493

>>14835449
Nobody cares if it was .05 or 1% of the supply you dumbass.
All that matters is how much was sold in USD.

>Sergey sold for HOW MUCH????

>> No.14835518

>>14835493
um it clearly matters, because market liquidity depends on the market cap (and volume). Vitalik's selling was insignificant, Sergey's selling was big enough to dump the price considerably.

>> No.14835522

Vitalik is the man and should be gave everything for free for his great contribution to mankind

>> No.14835538

>>14835518
>market liquidity depends on the market cap
Liquidity has exactly zero to do with market cap.

You could have 20 billion circulating supply and just 1k for sale in the books.

>> No.14835643

>>14835518
this and it's sustained dumping, putting sell constant sell pressure on buyers
vitaliks surpise wicks were always quick to recover because people knew he didn't do it that often and the price direction would continue
sergey needs to buy 2 companies and hire tons of devs, he could potentially be dumping for months, if you're smart you would have sold and buy back when he's done
but stink hodlers aren't know for their smarts

>> No.14835689

>>14835643
>this and it's sustained dumping
See >>14834349

If things were the other way around, you'd be applauding Vitalik for "spreading out the blow", and lambasting Sergey for "dropping the hammer all at once".

>> No.14835725

>>14835643
I think Sergey's sells have sped up, looks to me like he's trying to get this over and done with. No way does he want to ruin Aug/Sep bull season. No he'll finish by July. When he started the other week it was like 1 every day or so, now he's doing multiple sells a day.

>> No.14835730

>>14835689
why would i?
i already clearly said 1 hit dump wicks are better so stop projecting

>> No.14835750

>>14835730
>i already clearly said 1 hit dump wicks are better
Yeah right.
If things were the other way around, you'd be applauding Vitalik for "spreading out the blow", and lambasting Sergey for "dropping the hammer all at once".

>> No.14835841

>>14834130
vitalik sold 24.5m when eth's marketcap was nearing 100 billion. he also only got 0.9% of the total supply for being founder, not 35% like sergay

>> No.14835866

>>14835841
>vitalik sold 24.5m
Yes he did. And for his personal benefit, too.
So people complaining about Sergey selling 10 million to grow the company is just retarded.

>> No.14835885
File: 35 KB, 711x633, 1561566551741.jpg [View same] [iqdb] [saucenao] [google]
14835885

>>14835750
projecting onto other anons is unbecoming on 4channel

>> No.14835959

>>14835885
What?

>> No.14836507

>>14834444
Quads dont lie nulinker redditors btfo