/biz/ - Business & Finance

[Anonymous No.15330698]

Where would we be right now if (((they))) didn't sell 700k link every other day?

[Anonymous No.15330751]

Easily $6-8. no matter if the 700s are going to node operators or whatever, the fUD alone from it has suppressed price a great deal. It is the easiest target of FUD in any market - dilution, company dumping, whatever u wanna call it. The fact that CL hasnt better clarified the moves simply adds to more hysterics. They have done irreversible damage and Web3 is about to flop also I am afraid.

[Anonymous No.15330801]

>>15330751

honestly though what is Sergey supposed to do? He could come out and be like "Hey guys I just wanted to address the 700k movements. We're selling to have cash to put towards business operations." People would still say he's lying. Then if he gave too many details it could help competition pivot against Link. I think he's playing it wisely staying quiet.

[Anonymous No.15330828]

>>15330801

Yes. Playing it quite while exit scamming was the better move, while the retarded link Marines come up with the false hopium and justifications so they don't kill themselves

[Anonymous No.15330850]

Then price will continue to repressed and dump. Adult men do not say things like "hey guys blah blah." They create PR models, execute signalling, clarify what the 700s are for, and carry on. At this point it is clear they are actively trying to surpress price. Good for them, sucks if you own CL. It was a good run though.

[Anonymous No.15330851]

>>15330801
You'd be surprised just how many dumb people are invested in chainlink. They just need a confirmation that that's what Sergey's doing. It's the only fud that's preventing us from taking off honestly

[Anonymous No.15330868]

>>15330801
>We're selling to have cash to put towards business operations." People would still say he's lying

Of course we would, because even when you factor in the startup, payroll, rent, and all other costs, you don't need millions of dollars every week to run their tiny crew. They absolutely should come clean. At least just drop a hint that they are selling to satisfy their startup loans and other misc financial obligations (of which I'm sure are considerable) rather than keeping everyone in the dark regarding what certainly looks like a cash grab.

[Anonymous No.15330875]

>>15330801
The 700k are not even being used to fund the operation. You can't even cash out USD from binance to pay for rent and employees. Volume analysis clearly shows that the 700k are dumped on the BTC pair.
Neither of the common cope theories make sense when you track these tokens to Binance. The other cope theory says that the 700k are being transferred to node operators OTC. Do you really think that reputable corporations would trust a chink scam casino like Binance for their OTC operations, over using Coinbase Prime OTC services? That was supposed to be the whole point of the Coinbase listing, according to July LARPers.
It's time to face the facts. Sergey is dumping his entire LINK stack for BTC and preparing to ride off into the sunset with tens of thousands of BTC (the only crypto worth anything).

[Anonymous No.15330900]

>>15330875
>Volume analysis clearly shows that the 700k are dumped on the BTC pair.
Please provide a source.

Oh wait you can't because this is a blatant lie.
You had 2 years. Cope and seethe more incel.

[Anonymous No.15331021]

>>15330868

Nazis getting dunked on by a German team. Love it

[Anonymous No.15331108]

>>15330868
They fucking did

[Anonymous No.15331114]

>>15330828
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team