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/biz/ - Business & Finance


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20503784 No.20503784 [Reply] [Original]

they aren’t accepting link at the moment

>> No.20503818
File: 902 KB, 828x1792, D88072DF-39AA-40EF-BEAF-F9FA8244C348.png [View same] [iqdb] [saucenao] [google]
20503818

Now I wonder why Nexo wouldn’t have enough link available on exchange at the moment.

>> No.20503819

>>20503784
What's the actual reason?

>> No.20503828
File: 84 KB, 1200x1090, 6265B46A-CFF7-4DED-808C-2F602F2F7E5B.jpg [View same] [iqdb] [saucenao] [google]
20503828

>>20503784
>he thinks this is bullish

>> No.20503830
File: 113 KB, 462x462, 1595138321905.jpg [View same] [iqdb] [saucenao] [google]
20503830

>i think i made a mistake

>> No.20504000

>>20503819
Didn’t nexo try to short the market and got liquidated? That’s my assumption.

>> No.20504044

>>20504000
Checked and are you serious or do you not know?

>> No.20504086

>>20503819

Retards at nexo pushed a 8 million dollar short on LINK at the same time as that phony Zeus capital report came out.

They made that PDF and sent it to their mailing list. They quite possibly have been liquidated by now.

>> No.20504102

>>20504000
Maybe not completely liquidated, but if forced to sell now would do so at a loss. They are likely getting withdrawal pressure as well as people are pulling link deposits off the platform

>> No.20504103

>>20503784
Sounds like they're going to have to buy a lot of linkies

>> No.20504116

>>20504000
>>20504044
They didn’t get liquidated. They entered the short in the 8$ range based on blocktime stamps.

This is actually very bearish for Chainlink. They won’t even accept it to payback loans because they don’t think they can sell it for an equal amount of USD. The mental gymnastics of Linkers is insane, if it was actually NEXO who authored the report, a chainlink partner that is VERY bearish.

>> No.20504143

>>20504044
This is an assumption. Quite possible though.

>> No.20504144

>>20504086
They shorted in the 8$ range bozo, they are not liquidated in the slightest, they are probably slightly in profit.

>> No.20504150

>>20504116
Stfu you know nothing

>> No.20504153

>>20504044
Did you read his post? He made an assumption with available information which is very possible but it unconfirmed. He literally said in his post it was an assumption

>> No.20504175

why in the world did they think this would work? did some financial hitman give them bad advice?

>> No.20504176

>>20504150
You can literally see the transaction on the ETH chain retard. You know nothing.

>> No.20504196

>>20504116
Both of these scenarios are literally bullish. You are the one failing with the mental gymnastics

>> No.20504209

>>20504116
Get liquidated semen

>> No.20504213

>>20504086
so they entered a short around $8.60?
Shouldn't they be in the green?

>> No.20504218

>>20504196
He had 3 years.

>> No.20504221

>>20504176
You are saying this is bearish for link you are retarded and poor

>> No.20504243

>>20504196
Explain to me how you came to that conclusion. A PARTNER of Chainlink is opening a short and suggesting the token is massively overvalued. They likely have more information than you about chainlink and its workings.

Explain how thats bullish, i’d love to hear it.

>> No.20504277

>>20504196
Its better fud than any fud from the last 3 months
Its obviously bullshit, and anybody looking at the the numbers knows why they wrote this, but most will not look at the numbers, me included

>> No.20504304

>>20504243
Just sold my entire stack, thanks for your concern.

>> No.20504356

>>20504144
They probably closed the short at a small profit. They wouldn’t leave it open given the circumstances

>> No.20504390

>>20504243
>A PARTNER of Chainlink
A user*. You don't "partner" with a protocol. Being the low life eastern euro scum they, they are probably privy to even less information than bread crumb autists on /biz/.

>> No.20504418

>>20504221
As a nulinker, his argument SEEMS to make sense.
I just hope it doesn’t because I’ll be financially ruined if it drops any more

>> No.20504491
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20504491

>>20504390
I’m using Chainlinks words retard.

>>20504390
>>20504304
Answer the question

>>20504243

>>20504218
I made 173% off of chainlink. I’m just not a delusional bagholder, i take profits.

>> No.20504508

>>20504418
if they don't have any link because they have a short position they need to close some of the position to get more link. Closing the position means they buy back at the current price causing the price to increase. Since they're shorting they've effectively already sold all that link and would need to close part of the position on lower liquidity.

>> No.20504515

>>20504243
They didn’t write the article because they think chainlink is a scam, they wrote it because they thought they could influence a short term dump they could take advantage of. This could have been for multiple reasons: purely profit on the short, lowering their cost to use link oracles, trying to accumulate link at a lower rate, or they got into a bad position on their short and were trying to figure a way out. If they were shorting at $8 they could easily have been shorting at $5 as well and they were trying to make up for those losses by piling on more shorts along with the fud.

Regardless of motivation, it’s shady they would disable link deposits/repayments with no notice right after this news breaks

>> No.20504536

>>20504508
You are beyond dumb. They aren’t ACCEPTING LINK as payment for loans. They don’t need to buy LINK.

>> No.20504569

>>20504515
None of that is bullish. I asked how this news if true could be constructed as bullish. If they were trying to buy LINK lower they wouldn’t have opened a multimillion dollar short position.

>> No.20504583

>>20504536
>>20504491
>>20504243
>>20504176
>>20504144
>>20504116
You seem really emotionally invested in this anon... can't imagine why...

>> No.20504584

>>20504569
>If they were trying to buy LINK lower they wouldn’t have opened a multimillion dollar short position.
/biz/ - business & finance

>> No.20504606

>>20504116
can't tell if retarded or shill

>> No.20504608

>>20504116

fuck off, Simeon.

$1k eoy

>> No.20504631

>>20504569
Oh it’s absolutely bearish... for nexo. I didn’t claim this is bullish for link, I’m just laughing as Nexo further destroys its reputation

>> No.20504666
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20504666

>>20504569
So if they were trying to buy LINK lower they should have opened... a multimillion dollar long position?

>> No.20504676

>>20504536
You are correct its repayments. However they aren't accepting link because they have none on the exchange that seems super for fishy to me.

>> No.20504677

>>20504243

They literally thought they could halt price discovery and convince enough people to short because of current parabolic price movement. First they get massive gains on the short and then flip it into a long or lower their cost basis. I'm sure they thought with the influx of new twitter buyers it would be an easy play.

Institutions are scummy as fuck and routinely do or believe the opposite of their "advice". Goldman Sachs is notorious for releasing investment advice and then doing the opposite, its incredibly fucked up.

Its just like those fucks

>> No.20504716
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20504716

>>20504583
>>20504606
>>20504608

Once again instead of arguing the points Linkies deflect and insinuate I am Simeon. I captured a huge gain on LINK, I don’t hate the project. I think it is currently overvalued.

>>20504631
Yea it is bearish for NEXO it is also bearish for LINK.

>>20504584
>they want to accumulate a larger link position so they sell links they don’t have and will have to repay.

Do you even understand what a short is?

>> No.20504747

>>20504716
If they are forced to cover it could cause a short squeeze

>> No.20504771

>>20504666
No? You wait for the price to go down and purchase LINKS. If you want to buy cheaper you don’t take out a multimillion dollar short that you’ll have to repay at a cheaper price, pushing the price back up before you get any for yourself. If you are extremely bullish on a token to the point you write a 66 page FUD report, you don’t short it risking liquidation.

>> No.20504779

>>20504716
>they want to accumulate a larger link position so they open a short position, manipulate the market to make their short profitable, then use that profit to buy the cheaper LINKs

>> No.20504783

Surely, if they were short Link, they'd love to accept LINK as payment for loans and liquidate the LINK further increasing sell side pressure.
t. OG Linker

>> No.20504791
File: 124 KB, 588x482, NEXO.png [View same] [iqdb] [saucenao] [google]
20504791

>>20504491
>I’m using Chainlinks words retard.
>Posts a pic of Nexo's announcement
Why don't you actually use CL's words, like pic related? Every shitcoin says they "partnered" with Chainlink, just like every coin worth their salt is announcing "partnerships" with Google BigQuery. It's only a real partnership when the bigger of the two entities calls it such. Otherwise it's just a smaller company trying to ride the coattails of the bigger one, with the bigger one usually allowing it since the smaller entity is using their product or collaborating to the network/ecosystem in some way.

>> No.20504794

>>20504747
Yes it could, but its not enough to where it’d have any recognizable market impact. LINKS daily volume is hundreds of millions.

>> No.20504832

it is currently safe to assume that every short on link is a commitment to buy more than was sold short. we are all gonna make it frens

>> No.20504848

>>20504243
It's almost as if they wanted the price to drop so they could accumulate more.

>> No.20504849

>>20504791
This is entirely aside from the point. It doesn’t matter if Chainlink calls them a partner or not, they are affiliated with the project and are bearish to the point of opening multimillion dollar shorts and writing FUD reports.

Its not bullish, it just isn’t. If it is NEXO it is more bearish than if its some random fudster.

>> No.20504863

>>20504794
wash trade volume is that high. being forced to buy that many links in a single short time frame could cause significant price moves.

>> No.20504897

>>20504849
do you conclusively know why they opened the short?

>> No.20504912

>>20504849
Oh look the goalposts are over there, now.

>> No.20504919

>>20504849
This is how I know you aren't arguing in good faith. Fake FUD is literally in the playbook for shifty short sellers. That much of the FUD is easily proven false and linked to a fake institution is further proof.

>> No.20504925

>>20504849
>This is entirely aside from the point. It doesn’t matter if Chainlink calls them a partner or not

lol you are an irrational person who cannot admit he is wrong

>> No.20504934

>>20504912

Ignore him. Hes a retard who does that srawman shit and moving goalpoats non stop. Insufferable people

>> No.20504964

>>20504771
>No? You wait for the price to go down and purchase LINKS. If you want to buy cheaper you don’t take out a multimillion dollar short that you’ll have to repay at a cheaper price, pushing the price back up before you get any for yourself
No, that is not how any of this works. If a party is very certain the price of an asset will drop short-term but they are also bullish long-term, they would definitely short and then close the short at what they think is the bottom, so they can accumulate more of said asset.

1. By shorting you sell an asset (that you don't have), adding to sell pressure
2. Any tokens/shares you buy back later (against a cheaper price, if the short is successful) will amount to roughly the same amount of buy pressure, minus the difference you pocket. This will not suddenly make the asset that you shorted shoot up to the price you started shorting at.
3. The profit of the short can be used to buy EVEN MORE of the asset than could have been bought by just waiting for the price to fall without shorting.
It's not rocket science, please try to think logically.

>> No.20505025

>>20504964
who would want to try catching a rocketing knife

>> No.20505117
File: 573 KB, 762x663, GoogleConfirmed.png [View same] [iqdb] [saucenao] [google]
20505117

>>20504849
Literally hundreds of teams are "partnered" with Chainlink. Do you think they are all privy to the inner workings of Chainlink? The e-commerce company I work at is Premium Google Partner and sometimes has people from Google HQ coming over. Our CEO also took Omise Go tier meme photos in front of Google offices. Does that mean our company knows the inside workings of Google? No, not at all. If you had even the slightest knowledge of how real world business operate you would know that, but you're just a salty no-linker.

>> No.20505164

>>20503784
Can’t wait to fuck simeon’s wife and raise my new family while he rots in jail!

>> No.20505172
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20505172

>>20505025
>who would want to try catching a rocketing knife
An entity that just made a killing shorting it but is still bullish long-term, which is literally what I mentioned in the post you replied to.

>> No.20505175

this thread in itself is the biggest fud
why is a partner supposed to have a better grasp of a fucking public protocol
chainlink is centralized dogshit, you don't need a pdf written by suits to tell you that, what it's capable (or more accurately what it's not capable of, which is solving the fucking oracle problem) of is in the fucking github

>> No.20505178

WHAT THE FUCK YOU THINK YOU LOSER AUTISTICS ARE DOING???????? NOTHING WILL HAPPEN YOUR JUST MAKING BULLSHIT UP

>> No.20505180

>>20504912
>>20504919
>>20504925

The goal was never wether NEXO is a partner or not. They are clearly affiliated as admitted by both parties. You faggots will literally do ANYTHING to avoid arguing the the actual points being made. Which was, if NEXO authored this report it is more Bearish, it is not bullish.


>>20504964
Yea it is how it works. You don’t go short on an asset you are bullish to the point of trying to FUD it down to buy more. If they were bullish then theyd have Chainlink to SELL they wouldn’t have to SHORT. You are not thinking through this logically. Why the fuck would you short if you have a long position of chainlink already? You wouldn’t. You’d just sell what you have and not risk liquidation and losing the LINK you already have to it.

>> No.20505209
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20505209

>>20504491
>I made 173% off of chainlink.
Thats it? lmao

>> No.20505216

>>20504515
trading on user's funds perhaps? wouldn't be the first time.

>> No.20505246
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20505246

>>20505180
>You don’t go short on an asset you are bullish to the point of trying to FUD it down to buy more.
You must be new here, bud.

>> No.20505296

>>20505246
Yeah that was biz MO for 2 years

>> No.20505327

>>20505180
WOW is like link marines never fud their own project to accumulate!

>> No.20505425

>>20504849
>If it is NEXO it is more bearish than if its some random fudster
not necessarily. They maybe just arseholes who thought they were smarter than everyone else and were in a position to bet big on shorting LINK. And I've seen nothing from them so far that would contradict either of these assumptions. Not to mention, for whatever reason, they now appear somewhere beyond desperate, and they are still fucking at it.

>> No.20505433

>>20504569
>If they were trying to buy LINK lower they wouldn’t have opened a multimillion dollar short position.

How do you know this? :^)

>> No.20505476

>>20505180
I am in awe. I am actually having a hard time deciding if you are fudding or retarded. Either way, you are literally the only one here who cannot read the situation

>> No.20505510

Oh wait, I get it now. You are new, literally bragging about 173%. You should take your profit and go home, you will get wrecked in this market, you don't understand it.

>> No.20505589

>>20504000
They didn’t get liquidated but we certainly hope so. They’re still in the short buy more

>> No.20505652

>>20504116
Hahahahaha how do you literally have no clue.

>> No.20505670

>>20505180
If the report is not full of factual information then why is it bearish? Numerous points of the report are verifiably false.

>> No.20505711

>>20504794
I disagree with this. A lot of that volume is bots wash trading. A closed short position doesn't just get posted to wait for the price to fill. It turns into a market buy, in this case at least 350,000 LINK, which would have a noticeable effect for sure.

>> No.20505755

>>20505510
Exactly bitch I’m up over 2000%

>> No.20505778

>>20504716
>I think it is currently overvalued.
Did your tarrot cards and meme lines tell you this?

>hurrr durr I jus thin it is!

What a braindead faggot.

>> No.20505798

>>20505510
>bragging about make <3x on the best performing asset of the past few years, up 80x.

Summer kiddies are back

>> No.20505815
File: 214 KB, 368x450, 1591513888942-1.gif [View same] [iqdb] [saucenao] [google]
20505815

>>20504491
>I made 173% off of chainlink. I’m just not a delusional bagholder, i take profits.

>> No.20505888

>>20504116
Sloppy, sim

>> No.20505985

>>20504677
This. Goldman is scammy and underhanded as fuck.

>> No.20506011

>>20505180
>Yea it is how it works. You don’t go short on an asset you are bullish to the point of trying to FUD it down to buy more. If they were bullish then theyd have Chainlink to SELL they wouldn’t have to SHORT.
This is one of the dumbest low iq nigger tier shit I've read today. This is like an ignorant reddit 20 y/o trying to sound super duper smart but not knowing how to open a checking account level retarded.

>> No.20506294

>>20503830
Sloppy job, Simeon.

>> No.20506386

So apparently Nexo has convinced the Chainlink team (Rory) that 4chan created the Zeus hit piece.

>> No.20506847

>>20506386
>4chan created the Zeus hit piece.
AND sent out Chainlink fud to Nexo customer mailing list. AND panic deleted Nexo social accounts AND altered BOTH their own corp website AND the sham Zeus site to remove all incriminating traces when this was discovered. AND started fudding Twitter with shill accounts shouting 'Nexo is great!'. AND 'I got the LINK fud email as well, AND I don't even have an email, lol!'
Did the hacker known as 4chan also short LINK? or was that Nexo themselves, I'm confuse now

>> No.20506913

>>20504000
checked and yes it appears. With Link obviously going past $10 this week it appears they are really fucked.

>> No.20506956

>>20506386
no they haven’t? “anonymous-run site” refers to the fake zeus website

>> No.20506972

>>20506847
KEK, Nexo is nexo on the cell mates sexo list

>> No.20507121
File: 232 KB, 900x628, 53453456f342tgf3wy34t.png [View same] [iqdb] [saucenao] [google]
20507121

>>20504116
KEK

>> No.20507129

>>20504583
Fuck off faggot

>> No.20507166

>>20504086
They are up in this case, they could close shorts and walk away with huge profits

>> No.20507184

>>20504536
How would they close their short without buying LINK?

>> No.20507191

>>20504086
pretty sure that would make them be in the green

>> No.20507226

link marines need to continue reporting and public executing Nexo to the SEC so they are the 3rd party investigators. Otherwise, this will disappear and no one will pay.

>> No.20507229

>>20504116
LMFAOOOOOOO ur so dum

>> No.20507248

>>20504176
post proof

>> No.20507275

>>20504243
because they had to make a huge fake pdf research paper to make their short, are you not understanding this retard? And its so they can accumulate more you fucking stupid faggot lol

>> No.20507302

>>20504491
CONFIRMED NUFAG HAHAHAHAHAH

>> No.20507326

>>20506956
See my response here
>>20507210

>> No.20507351

Why aren't Jews trying to release professional fud and short link to hell?

>> No.20507364

>>20505815
underrated gif

>> No.20507381

>>20504569
> If they were trying to buy LINK lower they wouldn’t have opened a multimillion dollar short position.
AHAHHAAHHAHAHAHHAHAHAHAH THIS IS DEF THE SAME DUDE WHO WROTE THE PAPER HAAHHAHAHA

>> No.20507511

>>20504116
It was nexo, now let’s put on our big boy cap. The reason they made fud and opened a short was to shake what they thought were weak handS off a 100% pump. Now they have been caught and they’ve probably made a bit off their short if they made it in mid 8 dollar range. But the reason they made the fud has nothing to do with it’s link really just they saw an asset rise very fast and wanted to short and distort to shake weak hands and make ez money. Now they don’t have enough link on their exchange because everyone with a brain would take their deposits out of that shady shit immediately.

>> No.20507528
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20507528

>>20505180
>You don’t go short on an asset you are bullish to the point of trying to FUD it down to buy more.
AHAHAHHAHA HOW NEW IS THIS GUY OMFG I CANT STOP LAUGHING HAHAHAHA OMFG HAHAHAHAHA

>> No.20507793

>>20507351
They are too busy arranging the next dead nigger protest.
Think he name will be something like "reggie oakland" or "deshawn lamont