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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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15223831 No.15223831 [Reply] [Original]

>Team owns 65% of the supply
>Dumping 700k tokens every day barely affects the price
>Nolinkers: This is not bullish

>> No.15223961

>>15223831
Literally more long term bullish than any announcement we have had.

>> No.15224004

>>15223831
Almost makes you think they're not dumping, but simply moving the coins through an exchange so autists cannot follow the transactions on an open ledger.

>> No.15224003 [DELETED] 

>>15223831
>Team owns 65%
>Team aggressively selling
>Linkers: this is bullish

>> No.15224022

>>15224004
>Team owns 65%
>Team aggressively selling
>Linkers: this is bullish

>> No.15224034
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15224034

>>15223831
you ever heard of trading bots? think of a machine, except it's digital and lives inside your computer. they use these machines to automate the process of selling to not push the price down too much.

>> No.15224045
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15224045

>>15224004
shhhh

>> No.15224048

>>15224022
You're clearly a newlinker trying to sling low tier fud to accumulate more, but if you unironically think them selling 700k tokens per day and barely moving the price isn't bullish you're fucking retarded.

>> No.15224057 [DELETED] 

>>15224048
>>15224045
>Team owns 65%
>Team aggressively selling
>Linkers: this is bullish

>> No.15224082
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15224082

>>15224048
hello retard. they literally wrote this on their blog about the selling:

"In order to help us achieve these goals, we do expect additional influxes of capital into Chainlink, which we plan to use for the continued growth of our team, expansion of resources available to the community, and support of integrations with high profile blockchain platform partners, data providers, and smart contract consumers of off-chain data/events. 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, with a focus on continuing to create an overall positive effect on the Chainlink network over the long-term."

if you think it's bullish of them to have spent $32m and are now saying 'hey, trust us, we just need to spend some more and you guys believe us when we say we will be responsible' then you may actually be retarded.

>> No.15224090

>>15224082
based

>> No.15224100
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15224100

>>15224034
except if you followed the volume, it doesn't line up with millions of link being dumped on the open market.
logical conclusion: they used binance's OTC service.

>> No.15224103

The Holocaust never happened

>> No.15224125
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15224125

>>15224100
no. it's not. they literally wrote that 4 days after 1.4m link was moved out and people posted about it everywhere. if they were using binance for it's OTC service, they'd have said it in that blog post considering the fact that that post was made BECAUSE of people talking about the LINK outside of the circulating supply being moved to binance.

also, they wouldn't use binance's OTC service you dumb nigger. people who believe this are coping really hard. just take profits and move on already.

>> No.15224154 [DELETED] 
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15224154

>>15224100
>>15224082

>> No.15224173

>>15224034
good, I got to buy over a 1000 link during those dumps

>> No.15224176

>>15224125
That is the most stunning black woman I've ever seen

>> No.15224177

>>15224004
>let’s not just move coins wallet to wallet
>instead let’s use Binance as a pseudo coin tumbler
>yes comrade! Very legitimatski
>we can’t have people knowing the names and addresses of people from their ETH wallet address, as we all know you can always look up who owns what ETH addresss

Neck yourself linkie scum.

>> No.15224181

>>15223831
>Dumping 700k tokens every day
>Tokens haven't been moved in over a week

>> No.15224189
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15224189

>>15224176
yea, she's fantastic.

>> No.15224202
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15224202

>>15224125
cope and rope
there is absolutely no evidence that a single link was dumped on the open market. do you really think dumping millions of link would've allowed link to keep its mcap ranking?

and as for the blog post, the team is notorious for having bad communication. they went nearly all of 2018 with no updates. the fact that they skipped over including the OTC fact is much like them.

>> No.15224251
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15224251

>>15224202
>and as for the blog post, the team is notorious for having bad communication.

700k + 700k moved out and obfuscated through a couple addresses into binance on july 2nd, blog post made on july 6th called "Growing Chainlink" where they literally said that they will be needing cash to continue growing chainlink

>bad communication
seems pretty fuckin good to me. they literally said what they're doing and you guys are gonna sit there telling me the team is lying and it was really OTC?

the absolute state of linkfags.

>> No.15224333
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15224333

YOU HAD TWO YEARS

>> No.15224344

>>15224125
The crux of the issue is that most linkies don’t understand blockchain, much less Ethereum’s capabilities. It’s a fucking ERC token, fucking SMART CONTRACTS. You can facilitate the sale of any ERC token using a fucking smart contract without the need for middlemen. So, this ‘OTC sale’, why must it go through a chinese exchange? If one of you faggots says anything about ‘obfuscate’ I will find you and behead you for being a dumb buzzwordy cunt.

>>15224251
Linkies are also in a stage of cognitive dissonance. They say Chainlink is a utility token, then they say it’s ok that they’re selling, they need to sell to fund Chainlink. This makes it a funding token and a security. They will dance and gymnast the fuck around this as hard as they can but they will fail. No linkie can ever admit what’s going on because both arguments are fucked. You MUST either admit LINK is a funding token that you bought, or you must admit that you’re just getting dumped on. Notice in their little jewish memo that they never explicitly confirm nor deny anything. Ambiguity is the hallmark of Chainlink. They won’t say they’re selling tokens to people who will USE the token in the Chainlink system, and they also won’t explicitly say they’re dumping to ‘fund’ their ‘operations’.

Discussions of centralized shitcoin scams need to stay on rebbit. All of you fags need to go back.

>> No.15224346 [DELETED] 

>>15224176
youll love her before surgery pics

>> No.15224384

>>15224251
where is the proof that it was on the open market
show me the corresponding increases in volume. if you cannot show proof, you can't back up your claims.

i am not denying they sold, but they didn't do so on the open market. it was OTC and it has had 0 effect on the price, the mcap ranking is still the same.

>> No.15224978

>>15224384
>1 hour ago
>no reply

Kek

>> No.15225042

>>15224022
look at this guy. he ha no formal business education and is baffled by common business practices.

>> No.15225089

>>15224022
Checked and based

>> No.15225093

>>15224082
The fact that you're still even trying to push the "HOW COULD THEY HAVE USED 32M ALREADY" angle (especially with how often it has been shot down with tc acquisition + team travel + wages + prime office space rental for years) shows that you're either a newfag or that you literally have shit for brains.
Just stick to lurking. Trash shouldn't speak.

>> No.15225353
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15225353

U need to buy Bitbay

>> No.15225437

linkers mad because they got scammed but are still holding this shitcoin. sergay dumps another one. lambo time

>> No.15225640

>>15225437
dr;ns