Half A Billion Wiped Out As Chainlink Devs Dump

[Anonymous No.15214728]

>Some $600 million worth of paper value Link tokens have vanished amid what appears to be continuous selling by the Chainlink team.

>The 2017 ICO-ed Chainlink token, which back then raised some $32 million, has a very skewed distribution where the team seems to have kept some 650 million Links, with just 350 million currently circulating out of a total of one billion.

https://www.trustnodes.com/2019/08/11/half-a-billion-wiped-out-as-chainlink-devs-dump

[Anonymous No.15214734]

>philosophy major

[Anonymous No.15214748]

[Anonymous No.15214760]

> two man team

[Anonymous No.15214782]

>“I’m financially ruined,” someone commented in that article ten days after it was published. “How is this legal???” asked someone else.

>“We do sincerely appreciate our community’s continued support and understanding as we expand the number of people working on Chainlink, and we will of course do our best to ensure that our expansion plans are accomplished responsibly, carefully managing the company’s resources, capital and LINK.”

>They were basically telling the public they will begin selling some of their huge holdings ostensibly to hire more people like a “Technical Documentation Writer” despite having raised $32 million less than two years prior.

This is comedy gold.

[Anonymous No.15214800]

No one wants to read your article OP. You fucking pajeet.

[Anonymous No.15215036]

>>15214800
http://archive.fo/kJHTb
It is not worth the read, reads like copy pasta from /biz/ written by a 10 year old mexican during his second english lesson

[Anonymous No.15215093]

>>15215036
>We bought high, sirs
>We sidlded low, sirs
>Sergey dumped on us, sirs
Good !

[Anonymous No.15215123]

>>15214728

is that a normal sum of money for development or is this like wallstreet bonuses?

[Anonymous No.15215152]

>owns 70% of the total supply

[Anonymous No.15215164]

>>15214782
you forgot this one
Meaning there may have been some shenanigans here, with the project itself called by some as a Json Parser.
>Json parser

TOP FKIN KEK

[Anonymous No.15215403]

>>15214748

Omg my sides. Imagine falling for this!

[Anonymous No.15215469]

>>15214748

And they still have 590 million StainStinks to dump

>The state of Stinkies!

[Anonymous No.15215481]

>>15214728
reminder that Sergey can dump 1Link/Second for 20 YEARS STRAIT and still have tokens left.

He can dump literally 1 million tokens EVERY. SINGLE. DAY. for 2 years.

>thanks for the money comrades.

[Anonymous No.15215674]

>>15215481

And he has a trackrecord of exit scamming (NXT)

>The absolute state of Stinkies

[Anonymous No.15215730]

Next level scam

[Anonymous No.15215903]

WE ARE ALL IN THIS TOGETHER!!

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

[Anonymous No.15215941]

>>15215903
how much did you get paid to post this pajeet?

[Anonymous No.15216012]

>>15215941
I do it for free :)

[Anonymous No.15216023]

>>15214748
>>15215469
>>15215403
>>15214728

Chainlink at ATH: rank 15-16
Chainlink right now: rank 17

The 700k batches have nothing to do with the price dump.
That was a normal correction + general crypto dump.

cope

[Anonymous No.15216031]

Guess what, still not below $2.
Keep being salty poor nolinkers.

[Anonymous No.15216058]

>>15216023
COPE OUT
O
P
E

O
U
T

[Anonymous No.15216059]

I HAVE A FEVER! AND THE ONLY CURE IS MORE CHAINLINK!!

[Anonymous No.15216072]

>>15216023

[Anonymous No.15216074]

Oh the FUDders sad little club. Not selling.

[Anonymous No.15216087]

>>15216031
>>15216074
You lost 50% of your value in the last month. And you will go back to 0.2 eventually. that is inevitable. Sergey is dumping 1link per second for the next 20 years.

[Anonymous No.15216105]

>>15216087
We can go to 0.2 I will not lose one single $

[Anonymous No.15216119]

>>15216105
>Team owns 65%
>Team aggressively selling
>Linkers admit they already sold part of their stack and that we're going to 0.2
>Linkers: this is bullish

[Anonymous No.15216131]

Repeat after me:
>DIDN'T READ, NEVER BUYING.

[Anonymous No.15216143]

>>15216119
Never selling, bought at 0.2 so don’t care if it goes to this price

[Anonymous No.15216194]

>>15216119
Bezos sells 1 billion USD worth of stock every year.
And on top of that, he sold 3 billion worth of stock last week.
https://www.cnbc.com/2019/08/01/jeff-bezos-sells-1point8-billion-worth-of-amazon-stock-in-three-days.html

Welcome to the world of market-leading business.
Here's a complimentary tissue for your tears.

[Anonymous No.15216211]

>>15216087
You're wrong. Since he knew /biz/nessmen could peer through time, he actually set up a smart contract to dump 0.01 LINK per second for the next 2000 years and uploaded his consciousness as Json to a smart contract.

[Anonymous No.15217055]

>>15215903
You are a MANIAC!

[Anonymous No.15217064]

>>15214782
Kek

[Anonymous No.15217165]

added a small brick of my own to this. pajeet shitting on the street level tier of "article"

[Anonymous No.15217253]

>joke article
>linkies btfo

[Anonymous No.15217389]

>>15216143
Frankly you will care when it does and live in regret

[Anonymous No.15218457]

Do Chainlink as a company have any way of making money BESIDES selling tokens?

[Anonymous No.15218485]

>>15214728
SEERRRRGEEEEYYYY!!!!!! NOT AGAAAAIN!!!

[Anonymous No.15218517]

>>15214728
No KYC collected during ICO and sold to burgers. The SEC will fry sergey's fat ass

[Anonymous No.15218582]

>>15217389
The linkie cope is staggering. Can’t wait to see the mass suicides on this board when we return to ICO price

[Anonymous No.15219082]

$12 emo

[Anonymous No.15219136]

>>15216059
You know it brother