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

/biz/ - Business & Finance


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49890454 No.49890454 [Reply] [Original]

100k LINK a day is being withdrawn from Nexo. This has never happened before. They also LOST 200k+ LINK on Bancor from withdrawing without Impermanent Loss Protection. Who’s LINK is gone from that? Not yours i hope.

They have had to do emergency refill of their withdrawal wallet as people mass withdrawal TWICE in 10 days. It is rapidly draining at a rate of 100k LINK a day.

>> No.49890786

>>49890454
I feel sorry for the people that deposited their tokens on Bancor, as for those that sent their money to Nexo?
LOL.

Which CEFI is imploding besides Nexo, Celsius, and OKEx? Gemini? Who else shorted LINK?

>> No.49890832
File: 55 KB, 569x392, chainlink-partners.png [View same] [iqdb] [saucenao] [google]
49890832

>Chainlink labs™ psyops thread again
not buying you bags, Sergey.

>> No.49891727

>>49890454
two posts on a happening chainlink thread two hours after its been posted. biz is truly dead

>> No.49891890

>>49890454
This is not true you stupid gorilla nigger

>> No.49891908

>>49890454
Is there any reliable way to track NEXO's balances on chain?

>> No.49891962

>>49891890

https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xffec0067f5a79cff07527f63d83dd5462ccf8ba4

Look for yourself nigger. Check the analytics. It was down to 1,038,000 tokens till they just did ANOTHER refill literally minutes ago. Look at the swarm of thousands of micro deposits on the same minute.

There has been a steady withdrawal of 100k tokens a day by actual users, which i have been tracking.

They are clearly feeling the pressure now as they have never kept that wallet balance particularly high before.

>> No.49891976

WELCOME TO THE CRUMB ZONE

ONLY CRUMB INSIDE ANIME GIRLS

>> No.49892021

>>49891962
what's the point of microdeposits? How do they avoid paying gas for each and every one of them? Flashbots?

>> No.49892025

>>49890786
>I feel sorry for the people that deposited their tokens
I certainly don't, they contributed to LINKs shit performance

>> No.49892027

aave fed nexo alpha for years and nothing was done about it. why would nexo get liquidated now?

>> No.49892042

>>49892021

Its a common way exchange’s consolidate deposits. I’ve seen this “swarm” mechanism on most exchanges before. Its some kind of automated batch transaction. Its not really that important, what matters is how aggressively they are topping up that wallet due to user withdrawals and now how they are seemingly trying to hide it

>> No.49892085

They are likely attempting to hide this mass withdrawal on the analytics now that its been brought to attention as a means to slow down people withdrawing.

In reality you can easily tell nobody is really depositing anything back to them as all the “IN” transactions are typical swarm exchange top up deposits and not organic like the withdrawals are.

Soon they are gonna have to start borrowing from AAVE to cover user withdrawals(more leverage and technical shorting) and they wont be able to if people are withdrawing other coins they would use as collateral too.

>> No.49892112

>>49892042
but each of these transactions has around $2 gas fee in eth, and most of them are from nexo3 wallet. What's the point in that? Why would you split the transactions in a thousand small mini transactions, and pay around 1-2% fee on most of them, when they are all from the same wallet regardless.
There are transactions as low as 10 LINK and they pay $2 gas for them. That's more than 2% fee just to move some tokens.

>> No.49892148

>>49892112

They have to move them eventually right? It could be a sign that they are just that short of liquidity for LINK tokens they are now taking them from the depths rather than paying on market for them which will fuck up their shorts and make them lose millions

>> No.49892187
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49892187

nothing will come of any of this crumb zone faggotry

>> No.49892209

What is freaking me out is that a lot of tue swarm deposits are coming from wallets over 250-300 days old which have deposits originating from Binance 15 or Coinbase 4 with small amounts of LINK. Are they being loned liquidity from those exchanges or what? Or is this their own withdrawal from them and the exchange is processing it like so?

>> No.49892319
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49892319

Attention all Nexus, Celsius and Bancor whales:

The Great Reset has come at a crossroads with humanity. We can not allow the WEF & the young globohomo leaders to manipulate the markets any longer with their fake wars and gay market crashes. In order for the Golden Bullrun to resume, Chainlink(ticker: LINK) needs to be destroyed.
/biz will declare WAR on Chainlink next week and send globohomo a message.
You heard it here first. Linkies will be financially exterminated. Participation is mandatory btw, proof of short will be required to post on /biz. I repeat everybody will have to participate.

Spread the word and prepare your shorts. It's finally happening... The Great Short is upon us lads.

>> No.49892323

>>49890454
Yeah I'm light skin but I'm still a dark nigga (and I hold link)

>> No.49892344

you are all 12 months late. Check the wallet from June 2021 on.

>> No.49892411

Can someone spoonfeed a brainlet?
Take a look at this, etherscan tags this address as Nexo3. And each originating address is different, but most of the addresses are tagged as Nexo3. But how can etherscan that all of those etherscan addresses are Nexo3?

https://etherscan.io/tx/0xf54ae015ff0ed21eab152491a72457b3bd6ba054c16df19851a05858edd8f891

>> No.49892440

>>49892411
every pajeet telegram can label wallets what they want and if nobody contests it, the wallet keeps the label.

>> No.49892492

>>49892440
I'm dumb, it's all the same address, Nexo3. Which begs the question, why make a thousand of small transactions and pay gas everytime.
Look at this:
https://etherscan.io/tx/0x0415a4460d8e5153a20fa1310f0450b52697f102d0f3d0b7b572a649a168a418
($77 worth of LINK moved, gas $2)

https://etherscan.io/tx/0x15fca0d0c9127aafe007da4c1a5aa00bb87f2cf245820dcac19e66896acca9e0
(in the same block as the previous one: $129 worth of LINK moved, gas $2)

wtf frens, how does this make any sense?

>> No.49892627

>>49892492

Its clearly automated and may be a smart contract. There might be a small gas saving like that but it wont be much. As said i think they are getting more desperate for Link liquidity. They dont want to buy on market as it will send price up and make their shorts bleed. They may be choosing to spend all the has instead. The fact they are reaching to the depths for tokens like that is a sign of strain

>> No.49892806

>>49892627
>smart contract
Wouldn't then etherscan show it as a smart contract? I can't figure out when did the link leaving this address actually enter. Sorry if dumb

>> No.49892851

>>49890786
Bancor seems to be doing fine now, they'll reinstate the IL soon.

>> No.49892891

>>49892806

I think there is a way to do batch transactions like that since last year. However its also possible it is a non smart contract program. How else is it possible for them all to arrive exactly at the same time?

>> No.49892934

>>49892851
Doesn't matter anymore. Their protocol failed and they held their users' funds hostage.
Once they reinstate the IL, the mass withdrawal will happen.

>> No.49893093

>>49891976
kek

>> No.49894232

>>49892319
i'd bang middle left

>> No.49894923

>>49890786
Lido are in shit street too, Cobies drunken ranting is the best enty

>> No.49894994

>>49891962
If they sell and the price drops it will reduce IL on bancor.

>> No.49896134

>>49892148
If you move them a single transaction, you only pay one transaction fee. Why pay so much?

>> No.49896235

For anyone who thinks that this is a big deal, do you not realize just how much money these whales made by shorting Link over the past years? Absurd amounts. They don’t care how much they have to pay to cover this. You can’t lose when you’ve already won.

>> No.49896312

>>49896235
This. Nexo has made it pretty clear that they are overcollateralized. There will be no bank run on Link, and those who pull funds (specifically American customers who had funds grandfathered in prior to February 21st) will lose their ability to earn interest on their stacks

>> No.49896389

>>49896235
Tell that to Three Arrows or Celsius lmao

>> No.49896398

>>49896235
probably not as much as you'd think. this was their fuel for paying these high apys. it's also going to come back to bite them as they lose 10s of millions in this collapse.

>> No.49896409
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49896409

>>49896312
Scared Bulgarians are a sight to behold

>> No.49896542

>>49896389
Tell what? Worst case they’ll let it crash to the ground with no consequences as we’ve seen plenty of times. You really think they’d ever pay a single penny out of their own damn pockets? Fool. The singular truth to crypto is dumb money comes in, smart money cones out. Sorry you’re once again getting the short end of the stick.

>> No.49896647

>>49896542
expertly dodging.
>they don't care how much they have to pay to cover this
>hurr you think they'll pay?

>> No.49896711

>>49896542
>we've made millions and have nothing to worry about
>which is why we're glued to /biz/ telling people to stop withdrawing

>> No.49896857

>>49896312
Overcollaterized? You mean that scam PR stunt where they offered to bail Celsius out? Don’t be so naive, son

>> No.49896892

>>49892319
I'd bang top center.

>> No.49896942

>>49890454
two more weeks guys!!!!1

>> No.49896946

>>49892319
bottom right is all mine, bros

>> No.49897181

>>49896542
It's good to see people like this guy squirm and try everything to limit the damage. If anyone reading this has anything on Nexo especially Link, take it out NOW.
Looking forward to his next squirmy reply.

>> No.49897221

>>49891962
its not true because that fat fuck is doing a slow release of staking.

>> No.49897539

>>49896647
Fair. I’m expecting them to pay up until a certain point. But expecting a short-squeeze is foolish.

>>49897181
Comfy 2017 holder that never lent on any platform. Missing out on gains but 2025 was always my personal target.

>>49896711
By all means, please do withdraw before you’re left empty-handed.

>> No.49897739

>>49897539
I've missed having your kind around here. A rational linkie.
Might still be too optimistic, CL is working with tradfi behemoths. They take things slow. 2028-2030 might be a better target, just in time to own nothing and be happy. FML.

>> No.49897754

>>49897539
>I'm not on their side but it's pointless trying to fight them. They're bigger and stronger and more powerful
>don't bother taking your tokens out because it won't hurt them
>I don't have any interest in this
Sure, buddy

>> No.49897807

>>49897754
Kek, this

>> No.49897870

>>49897754
I got 51 Link, I would never fucking ever put my shit on Nexo after the god damn bullshit they pulled, I had 500 link but ended up having to sell most because of fucking Nexo selling it off en masse in May 2021.

Fuck them and their nigger CEO. I hope anyone associated with Nexo dies in a fire.

>> No.49897886

>>49897754

Exactly. Why the fuck do these Nexo faggots suck so fucking bad at shilling their own goals?

No single OG, hell not even any holders would have a single problem with people withdrawing all their LINK from NEXO. Its literally common fact that they not onky created Zeus Capital and fud the shit out of LINK, but dumped the fucked out of it to the ground too. Literally NO holder would say “dont withdraw, it wont hurt them anyway”. They would instead say to withdraw anyway and fuck nexo. There is no benefit to making life easy to them for any real link holder.

They are already on here in damage control. If you want a laugh search “nexo” on twitter under latest and see the sheer bot spam they are suddenly doing to promote their platform.

>> No.49898053

>>49897886
kek all of the Nexo's recent twitter posts are reassurances that funds are safe. hint: they're not

>> No.49898078

>>49897870
It's not Nexo's fault you were overinvested.

>> No.49898117

>>49890832
>leverage
Not sure if intentional or not

>> No.49898189

>>49892319
Bottom center is a baller

>> No.49898243

>>49896235
Have you heard of fiscal years for accounting?
That money is gone, and if it was profitable enough BlockFi and Celsius would not be bankrupt right now.

The money they made shorting LINK last year was already spent on interest rates for users and to cover losses they made later on gambling shitcoins.

They already had liquidity problems at the start of this year and losing 50-200 millions on a LINK failed dump attempt will bankrupt them.
The reason they started this last fud and shorting attempt is because they were desperate for money and they thought they could reproduce the thing which generate them money before while completely ignoring the reality that the situation changed.
The biggest mistake of a a trader is trying to force money to come out from a trade and to not look at reality.

Nexo, Celsius and the 3rd CeFi using Okex are slowly boiling like frogs until they will suddenly die.
Sam will then loot the dead bodies to recover what he can from it.

>> No.49898281

>>49896312
Kek, do you understand what contaigen is?
>tfw nexo is overcollateralized in BNT

>> No.49898349

>>49890454
You forgot the LINK to the kek worthy transaction from Nexo:
https://etherscan.io/tx/0x0d50c7739e81b9ff1c954f2f11beddc70c1770e32921ec3067154ae18ce0be12

-46% in one trade
This is the level of these idiots.
Real life examples of survivor bias combined with Dunning Kruger and an overinflated ego.
Why would someone leave their wealth at the hands of these gambling addicts with no knowledge of risk management and trading?
Gambling addicts always end the same way. Bankrupt.

>> No.49898488

>>49898243
Very good writeup summarizing the whole situation.

>> No.49898581

I will post sharpie in pooper if /biz/ successfully causes a bank run on nexo.

>> No.49898668

>>49898581
Youse a liar and youse a cheat.

>> No.49898718

>>49898668
Pinky promise :)

>> No.49898775

>>49898349
hahahaha holy shit. don't worry though guys, funds are safe!

>> No.49898965

>>49890786
gemini is one of the few exchanges that i think are not involved in scummy practices. they're heavily regulated since theyre based out of new york. all their interest rates are extremely low too, i think link is .5% or something. that being said you should absolutely withdraw any link you have there, there is simply no reason to take any risk at this point. anyone still lending their link for any reason, anywhere, is certifiable after what we've seen.

>> No.49899054

>>49897539
expecting anything is foolish. these financial bodies are going to die and never return. they have no trust, link nodes are offering sustainable non ponzi apy and ccip makes all their other points of interest obsolete.

>> No.49900105

>>49897754
>>49897807
>>49897886

I do encourage you all to withdraw from those shady platforms. Mostly because I’d rather have you all not lose your tokens once shit goes south, and not because I’m expecting something magical to happen. You can also just admit you learnt what a short-squeeze was through GME and are trying to push this same narrative through single-fag accounts

>> No.49900443
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49900443

>>49891890
I love watching the paid NEXO damage control team furiously type out their responses from their bulgarian shithole. Anyone who has anything stuck on these places is going to either lose 50%+ of their stacks within the next week or lose everything when they inevitably go down. NEXO is simply the worst of the bunch, these transactions are glaring indicators that everyone with anything on NEXO are gloriously fucked.

>> No.49900563

>>49900105
>admit you learnt what a short-squeeze was through GME
is that what you did before you became the expert we see before us?

>> No.49900709

>>49900563

Yes, I admit. Didn’t buy into the narrative like a total retard though.

>> No.49900770
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49900770

>>49900443
the normies are starting to get suspicious

>> No.49901268
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49901268

>>49900770
If only they had the ability to use etherscan they'd be shitting their pants trying to get some sembelance of their stack back and not spending time on reddit

>> No.49901304
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49901304

>>49890454
>we are back to the WE ARE GONNA TAKE DOWN NEXO BROS stage of link
Christ if this wasn't bag holder cope I don't know what is. Are you guys okay?

>> No.49901512

>>49901304
you hold LINK and you lost more than anyone

>> No.49901641

>>49896134
You are right. I think its probably individual customers accounts or wallets. Either their staking rewards or something. I remember coinbase saying once they created so many wallets for people that the funds were isolated because the fee was too high to remove it. It was probably a different wallet for each customers staking reward or something that wasn't paid out yet or something.

>> No.49901661

>>49896312
Overcollateralized and current liabilities but the fun with leveraged shorts is unlimited risk. If they get squooze the collateral is out the window

>> No.49901787

>>49898965
>gemini is one of the few exchanges that i think are not involved in scummy practices. they're heavily regulated since theyre based out of new york. all their interest rates are extremely low too, i think link is .5% or something. that being said you should absolutely withdraw any link you have there, there is simply no reason to take any risk at this point. anyone still lending their link for any reason, anywhere, is certifiable after what we've seen.
I have about 1000 LINK in my account on Gemini
Not an "earn" or lending account, but just my non-interest-earning trade account
Since they're so regulated that money should be mostly "safe" from these kind of shenanigans, right? Since I haven't authorized them to use or loan those tokens ... I think they'd have to allow me to withdraw them on demand (or the cash value at the time of the withdrawal).

I keep those tokens there mainly so I can prove their origin in case I need to cash out to dollars to make a big purchase in the future. Most of my LINK are in my own wallet, but I think it's smart to keep a (relatively) small amount on Gemini for this reason. Of course when it's $1k EOY that might be a different story.

>> No.49901946

>>49901787
I’m the same but my 1,000 LINK are on Coinbase. It’s in their “vault” which has. 48 hour cool-down for withdrawals and more security checks. I don’t know if that actually makes a difference to how they store my link on their end, probably not.

Still I think Gemini and Coinbase are the two least likely to rug us, the likelihood of them going bust and me losing my cold wallet keys is about equal imo

>> No.49901952

>>49901787
Crypto isn't FDIC insured or anything. If you have anything besides genuine US dollars on gemini I would pull it off. Maybe in a class action lawsuit you could recover a portion of your LINK if they went bankrupt or something, but I don't think the government will be on my side with crypto just because Gemini crosses their t's and dots their i's

>> No.49901984

anyone else comfy getting that sweet APR?

>> No.49902054
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49902054

>>49901984
Gr8 b8 m8

>> No.49902056

>>49901946
>the likelihood of them going bust and me losing my cold wallet keys is about equal imo
Exactly why I have my link on Gemini. I’d kill myself if I lost my own keys and as an adhd brainlet with a goldfish memory it’s easily as likely as getting rugged by Gemini.

>> No.49902086

>>49902054
why would anyone withdraw and miss the interest they get? That's the only way to profit in this shitty market.

>> No.49902114

>>49902086
As Bancor or Celsius users.

>> No.49902148

>>49890454
>Who’s LINK is gone from that? Not yours i hope.
You realize they can just buy more LINK off the markets, right idiot? Keep coping with your retard conspiracies though.
Same people who claimed to bankrupt Nexo years ago yet somehow they magically never went bankrupt and now they're hiring more people...hmm, curious.

>> No.49902176

>>49902148
>You realize they can just buy more LINK off the markets
Yeah that will help their shorts!

>> No.49902191

>>49902148
>buy more LINK in an illiquid market while being net short on LINK
Brilliant idea, surely this will have no negative financial consequences for Nexo.

>> No.49902213
File: 169 KB, 600x734, nexo1.png [View same] [iqdb] [saucenao] [google]
49902213

>>49902176
Nexo constantly expanding while chainsmellers are coping with their retarded conspiracies.
The absolute state of stinkers these days....

>> No.49902256

>>49896235
This is called the No Underwater Short Fallacy. It's the assumption that an entity cannot possibly be underwater on shorting any asset that is below all time highs.

>> No.49902261

>>49902213
Ah yes twitter posts from NEXO saying how strong they are is definitely proof of how strong they are lmao
NEXO fags starting to get a bit more emotional, it seems.

>> No.49902299

>>49900709
You do realize there was an actual short squeeze of nexo before any of the gme retardation infested this board, yes? That was in July/August of 2020, the gme cancer didn't start until 2021.

Of course the problem is in that situation, link won the battle but lost the war. Because while nexo got their asses handed to them a bit, the overall markets went on a major bull run so they were able to make it all back and then some. What's interesting is now we're sort of in a reversal of the situation, where link may lose the battle due to lack of hype and liquidity flowing into the market, which you would need to pull off a short squeeze (that or a few interested whales). But the war is looking lost for over leveraged cefi entities, assuming crypto winter lasts at least another 6-12 months. And link staking being released effectively puts a nail in the coffin of link being a liquid asset they can play games with in the future.

Basically the next couple months may be disappointing, but long term, and not even 5 years long term but more like 1-2 years, things look amazing for link and extremely dire for crypto parasites.

>> No.49902331
File: 49 KB, 1139x781, nexo.png [View same] [iqdb] [saucenao] [google]
49902331

>>49902261
Sneed more tranny.
I guess if them expanding, hiring new people, sending offers of acquisition, offers of providing emergency liquidity, maintaining their high APY, having real-time auditing, etc. aren't signs of them being strong then nothing will convince you retards.

>> No.49902390

>>49902331
Crypto cefi is dead, because crypto cefi relies on the market to be in a hype mania phase to exist, and the bear market is going to last until at least late 2022/early 2023.

>> No.49902936

>>49902086
This narrative isn't gaining traction. Try a different one.

>> No.49902959

>>49902331
ah yes the brand based promises Sergey speaks so highly of

>> No.49902969

>>49902936
what would you suggest?

>> No.49903001

>>49902969
Dunno. Ask your boss.

>> No.49903061
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49903061

game theory says that anyone who has their funds on any of these exchanges should withdraw immediately. the more withdrawals, the more potential for a short squeeze and massive profits. if you don't withdraw, you risk the shortsqueeze happening anyway and your funds vanishing when these services go belly up. anyone who still cares about whatever yield they're being promised by these exchanges is mentally deficient, given what we've learned over the last few months. the ONLY winning move is to withdraw, as doing so both protects your own position while potentially liquidating your enemies and giving you massive profits.

>> No.49903114

>>49903061
What does game theory have to say about the prisoner's dilemma? That seems more relevant to all the non-whale retail users of these platforms.

>> No.49903138

>>49902148
>>49902213
>>49902331
Bulgaria nigger detected

>> No.49903188

>>49903114
not really, the optimal move of any retail user in this environment is to hold their funds in cold storage. maybe you could have argued against this at one time, but given the recent celsius insolvency as well as the potential contagion effect in all of cefi, the rational move seems very clear.

>> No.49903250

I just fucking wish I could afford 500 or 1000 link I got 25 but I'm so unhealthy and I can't get on disability.

God damnit I wish I knew about chainlink in 2018, this shit hurts knowing I'll miss out when I could have gotten a make it stack.

>> No.49903316

>>49903114
The prisoners dilemma is just an example of specific situation in game theory. If you are saying that the best move overall would be for everyone to stay in CeFi (but they won’t so first out wins) then you aren’t really disagreeing with the other guy. The best thing to do now is just get out

>> No.49903372

>>49903188
>>49903316
That was kinda my point. Telling people they're going to shortsqueeze their enemies with their puny shrimp stacks is not a super convincing argument imo. Take the plea deal before the other guy does is better.

>> No.49903453

>>49903250
Sucks to be you, I market bought 1800 more LINK just yesterday

>> No.49903460
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49903460

>>49903372
you missed the part about potentially losing your entire stack. like i said, the optimal play is to protect yourself. if you get blown up, for whatever reason, it's game over. look at the bancor fags who just lost half their stack trying to gain a few percent. keeping your link out of the hands of people who are doing everything they can to drive down your assets price is just the bonus. remember, they're actively doing everything they can to profit off of you, so why wouldnt you do the same to them? the "plea deal" of a few percent interest is a poison pill, and i dont understand how there are some people still swallowing and asking for more.

>> No.49903721

>>49892209
Uh oh. I have 87 Link I'm too lazy to take off of Coinbase.

>> No.49903763

>>49903460
by plea deal I meant keeping 50% of your stack lol

>> No.49903886

>>49903453
Thanks for rubbing it in, why are you faggots like that, we should be supporting each other yet you guys just find the first opportunity to piss on someone less fortunate.

>> No.49903923

>>49902086
Its over nexo shill

>> No.49903948

>>49902331
Then why are you here acting so worried lmao

>> No.49904187

>>49897870
They sold your Link assets? holy smokes

>> No.49905711
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49905711

Newbie here, only just entered the market last year. Just wondering from my perspective why does LINK underperform so much? I have been looking at some charts and it's been losing value to BTC and ETH for ages now. Do coins that moved from 5 on coingecko to 30 ever recover? Only asking cos it gets a lot of airtime on biz and figure someone can help me understand how it's so popular yet its charts have been like straight lines down for ages. Am I missing something? Doesn't seem very enticing.

>> No.49906091

What are the chances BNT squeezes too as Celsius blows up?

>> No.49906265

>>49905711
did you read the thread you retard

>> No.49906372

>>49903886
Listen, linkies have been kicked from a safe distance repeatedly all day every day on /biz/ for a while now. I personally wish you the best, but don't be surprised if a lot of them have gone a little feral.

>> No.49906410

>>49905711
Look up what a carry trade is.
Compare the offered yield for lending Link as opposed to others.
Big institutions were printing money doing this for quite a few years with negative interest Japanese government bonds, until at one point they had to start reversing their trades. Those players were doing it with bonds backed by first world governments and big counterparty companies and governments. Now some people did it but with crypto schemes.

>> No.49906596

>>49903250
Best hold onto those 25 stinkies like your depends on it.

>> No.49906613

>>49906596
*your future.

Every stack above 10 is a make it stack, you just need to be VERY PATIENT.

>> No.49906621

>>49902056
I was in the same boat until this past week.
I trust that Gemini would keep my Link safe, but I don't trust that they won't use it to bail out some of these defi ponzi's they're in bed with.

I got a trezor set up and put 10.5k link on it.
I have the seed phrase in two very safe places and a redundant backup hardware wallet in another safe place.
I also synced up my wallet with Exodus and used it to transfer.
Now that I've done it, I feel really happy I did.
I also wanted to get my Link off Gemini before the withdrawal fees kicked in.

>> No.49908353

I think my favorite project has the best quality that I need. However, this has been a nice project for me. Just like when I was having ETH and BNB as my best. But right now its security, scalability, and low gas fees have made Sysco!n my favorite crypto

>> No.49908761

>>49905711
Me too. I haven't been on /biz for ages and it seems that this chainlink thing is quite interesting though many say it won't work. Do you think I should just forget about it or continue looking into the subject? I have about ten grand i wish to spend on crypto coins and am just trying to shortlist a few of the juicier ones. I'll scratch Link off there now should I?

>> No.49909065

>>49908761
ah yes sir i too am a biz oldfag and am wondering if I should forget about link as a viable investment as well perhaps another, even older fag anon can help us make the right choice with our funds?

>> No.49909081

>>49902086
Yes I know. They are just jealous of missing out. We are getting that juicy apy and they coins is going down. Nexo is safe platform and you can withdrawal any time. But there is not good reason for withdraw only a fool will withdrawal in this market.

Free money!

>> No.49909096

>nexo being bulgarian gypsies with crypto
wow I am literally shocked

>> No.49909108

>>49909065
I bought Bitcoin in 1984 and Chainlink (ticker BSC) looks like a scam to me.

>> No.49909143

>>49909065
i think he means that he hasn't visited here a lot at all

>> No.49909232

>>49908761
Digging into Link and discovering all the interesting facets has been the most fun time I’ve had in crypto.
I’ve never seen anything quite like it
As you dig into the old threads and read up on all the things we’ve uncovered about the team, the tokenomics, the partnerships, and the insane potential, you’ll see why so many of us are so excited about Link.

I’ve been learning about Link for 4 years now, and I’m convinced we’re about to see a lot of thing come together as staking is rolled out.
That’s the match that’s going to light this fire.

There

>> No.49909234

>>49903250
Bro get to at least 100+.. Dont act like 150$ is all your life savings, most people make that in a day

To give you perspective
I remember feeling like a poorfag with my 500 eth when it was 5$, I was sure that stack wouldn't amount to anything, but at the top that would be a few mil.
I didnt end up holding the eth btw

>> No.49909269
File: 331 KB, 1300x1300, 20870206-8AAA-4F33-AB34-F3BCBAB9F7E8.jpg [View same] [iqdb] [saucenao] [google]
49909269

>>49909081
Holy ESL

>> No.49909339

>>49890454
Wow maybe Sir Gay can inject some liquidity and sell another 700k link

>> No.49909406

>>49909234
>5$
Yes that's how we represent value in English lmao don't worry about it bro.

>> No.49909429

>>49905711
>>49908761
admit that you're fucking stupid and just buy 50% eth and 50% link
leave it for a few years and don't come back in the meantime. you will be fudded out of your bags as you won't have understood what you've bought
the only way that retards have made it is by forgetting or temporarily losign access to what they have
only those who actually get it can weather downturns and fud

>> No.49909583

>>49909429
Bingo. It’s that or you obsessively research it for years on end until you learn as much as your brain can handle. Only then will you earn the conviction necessary

>> No.49909824

>>49909583
i think even then only certain types of people can handle the uncertainty and volatility
if you last a few years here you're not normal, most get filtered. there's a reason intj/p are common here

>> No.49909863

>>49903886
Where do you think you are?
That said, I still wish you best of luck accumulating, do your best so you won't have regrets.

>> No.49910057
File: 703 KB, 1125x1707, D9666791-3BA3-4B53-8348-49B272719AA2.jpg [View same] [iqdb] [saucenao] [google]
49910057

>>49909824
Totally- that’s also why Link is so popular here.
It really takes some serious time researching what it does and how it works, which goes along with the architect/thinker personality type.
If you paired all the personality types with which crypto is most popular with each type, and then you had to pick only one to buy, I think most people would buy their own type.
That’s what makes me worry about link.
Is it just a case of massive bias because Intj is so common here, but less than 3% of the total population?

The more I read and learn about LINK, the more excited I get about it.
I know it’s going to take time, but I need to see some confirmation by means of price action soon- for the sake of my sanity.

>> No.49910098

>>49891727
>happening thread
Nothing is happening retard

>> No.49910390

>>49898349
>>49898243
good posts.
I have eth/bnt staked but I can't find it on their new UI. what's the trick?

>> No.49910455

>>49902969
come clean with us. do they pay you per (you)?

>> No.49910476

>>49909081
desperation. unconvincing. do you speak English at home?

>> No.49910595
File: 173 KB, 742x1017, 3425425432628.jpg [View same] [iqdb] [saucenao] [google]
49910595

>>49910057
you were trusting gemini with your whole stack until recently. i don't think you have any right to act high and mighty

>> No.49910641

the circulating supply is like 350m and youre talking about 100k link being withdrawn? holy fuck you guys really are schizo's

>> No.49910672

>>49900105

This is another typical Nexo shill tactic. Why dont you change it up? They try associating short squeezing to reddit and GME. This is one of their oldest tactics when fudding on biz, they attempt to emulate pol in particular and push anything that doesnt fit their narrative as reddit tier. They have done that all last year.

You nexo cunts got short squeezed in 2020. Stop lying. Short squeezes are a regular vernacular in finance and markets and always have been. Nice try.

>> No.49910673 [DELETED] 
File: 774 KB, 1692x933, reshpram.png [View same] [iqdb] [saucenao] [google]
49910673

>>49909406
fucking kek

>> No.49910806

>>49910641
yep nexo owns 350m link...
retard

>> No.49910823
File: 905 KB, 1125x1973, 22C32DCF-2665-4EBA-8658-920EEDA39497.jpg [View same] [iqdb] [saucenao] [google]
49910823

>>49902086

This is their spam on twitter too

>> No.49910832

>>49892021
>How do they avoid paying gas for each and every one of them?
>>49892112
>What's the point in that?
>>49892492
>wtf frens, how does this make any sense?
>>49896134
>Why pay so much?

Customer withdrawals usually involve a relatively expensive fee. That's how they pay for the transaction costs.

>> No.49910841
File: 147 KB, 1184x552, Screen Shot 2022-06-22 at 6.45.42 PM.png [View same] [iqdb] [saucenao] [google]
49910841

>>49898243
>Sam will then loot the dead bodies to recover what he can from it.
that didn't take long

>> No.49910863

>>49910823
jesus christ these clowns are desperate

>> No.49910962

>>49910823
Bing Rob and Dierdre Johnson are titans of the industry, clearly NEXO are fine with them on board.

>> No.49911463

>>49890454
It’s common knowledge that 90% of LINK OG’s came from /pol/, and are thus unironic Nazis and extremely racist. This is evident when you look at the chats whenever Chainlink presents at conferences such as consensus or smartcon. It’s always N word this, N word that.

I personally don’t want to put my money into a project like that and keep that sort of company. Moreover, I question the intelligence of people who shill LINK given their backwards and racist political views.

>> No.49911964

>>49910057
Infj here, putting every spare cent i can into link and immune to the fud.
>>49910595
Kek

>> No.49912003

>>49910806
what the fuck are you talking about you schizo retard lmfao

>> No.49912017

>>49910057

ISTP in since a month after ICO and have been a massive spoonfeeder for years.

I went absent from biz for 6 months from Jan and when I occasionally checked in i noticed the quality of LINK discussion had basically plummeted. I really was the last spoonfeeder by that point. Back now with regular spoonfeeding over past 2 weeks like this thread

>> No.49912030

>>49902331
Customer liabilities <= Total liabilities

>> No.49912039

https://www.coingecko.com/en/coins/chainlink

450m circulating supply and you stupid retards are getting amped up over 100k withdrawals holy fuck you dipshits have become such pussies from what this place used to be like in 2017

>> No.49912056

>>49902969
Are you sentient?

>> No.49912064

>>49890454
Does this mean price up or down?

>> No.49912108

>>49905711
>Do coins that moved from 5 on coingecko to 30 ever recover?
No. Sell all your link now before it gets downgraded from ERC10 to ERC9. Forget that biz exists, and just browse reddit, it has much more valuable alpha.

>> No.49912113

>>49912039
>

>> No.49912147

>>49912017
It seems like good link threads only pop up once or twice a week now.
After the 2020 pump, the fud was cranked up to insane levels, and a lot of good discussion would get derailed.

This Nexo/Celsius fiasco seems to have woke up a lot of the OGs, but really the price action is too depressing to spend much time here without feeling like shit.

>> No.49912258

>>49910057
When I bought LINK in 2017 I was INTJ, I grew into INTP over the years and now I'm INFP as I've become more emotionally open. I think holding LINK has contributed to my evolution in a way, you really learn a lot of useful skills like patience, trusting your instincts, camaraderie, etc.

>> No.49912303

>>49905711
Well its great for people who bought in at .17 but not for anyone else. The LINK token supports a new kind of smart futures contracts. Its like cefi for defi. Eventually will have its own bubble and crash. If you want something that still has yet to moon, and will be around for a while buy BCH and LTC 50/50 split. You're welcome.

>> No.49912441
File: 2.05 MB, 3400x5466, 4003F102-48D2-4F20-8545-E4A1708D42B0.jpg [View same] [iqdb] [saucenao] [google]
49912441

>>49910057

>> No.49913000

>>49912003
i'm talking about how you're a fucking retard
we are talking about nexo and tracking their wallets, the circulating supply (whcih you got compeltely wrong) has nothing to do with anything

>> No.49913007

>>49898349
Someone with a Twitter account please ask Nexo about their glorious trade, ask them what they're doing to recoup their missing Link.

>> No.49913137
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49913137

>>49909429
Honestly anon this is the best advice I’ve seen regarding this in a long time. I’ll tell my retard friends this as well since I can’t be asked to explain this or handhold them through reading.

>> No.49913312
File: 5 KB, 205x246, 1629910325648.png [View same] [iqdb] [saucenao] [google]
49913312

>>49909406
Five dollars
Dollars = $
5 $

$5
Dollars 5
>I have dollars 5
We dont speak like that in America, sounds like Spanish grammar
maybe its you whos the esl.

Which side you put the dollar sign is irrelevent, its actually easier and more intuitive to type out the number first then add the dollar sign to signify which currency unit it is.

>> No.49913344
File: 10 KB, 280x280, 2-Learn-how-to-set-the-hook-fishing-detail.jpg [View same] [iqdb] [saucenao] [google]
49913344

>>49910476

>> No.49913932

>>49913000
wErE HaCkIng ThEiR WaLlEtS and TrAcKinG tHeM

shut the fuck up you stupid pussy. stupid dipshit discovered how the blockchain works and now he thinks he needs to post about every 100k LINK thats moved

>> No.49914105

damn link holders are getting rugged??? i did the smart thing by selling my link bag and switching to matic couple of months ago

>> No.49914229

>>49913312
Leading with the $ informs you that the following number is money before you get to the end of it. This is more useful on larger denominations than smaller ones that you can't read at once.
>1,234,567,891,234.56$
>$1,234,567,891,234.56

>> No.49914465

>>49913932
no retard he's saying that nexo are fucked as they are forced to move and more of their link over so that plebs can actually withdraw from their failing platform
look up hypothecation

>> No.49914876

>>49892344
>wallet
It will not be possible to check wallets that have already been connected to privacy protocol platforms because the transaction history would have been hidden, good for security of funds though.

>> No.49915147
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49915147

>>49890454
LINK would have to start a v-shaped recovery going parabolic right now to get to ATH by EOY. It looks completely ridiculous when you draw it out on the chart. I can't even find a reasonable bar chart pattern that fits such a move. I honestly think everyone here is kinda deluded about price potential short term. I don't think I can buy this shit yet at all.

>> No.49915181

Keep digging. The exposure is working.
>>49914801
They wouldn't be doing these things if they were financially comfy.

>> No.49915200

>>49915147
>What is staking

>> No.49915220

>>49915147
in the last bear link went from 0.15 to $20
who knows what will happen but link was literally the best performer in the last bear market
saying shit like "i can't find any chart pattern" is stupid in a market as fucked up as crypto anyway and shows how new you are
start reading about the project. that's the best use of your time

>> No.49915255

>>49915220
>best performer in the last bear market
Was it? It was definitely up there but was it really the no1 performer? Linkpool had also done insane gains as well as some other blatant scam/shit coins.

>> No.49915293
File: 19 KB, 306x306, cunt please.jpg [View same] [iqdb] [saucenao] [google]
49915293

>>49915200
Full end-product staking that probably won't happen for another few years? Or the v0.1 bullshit version you're getting this year with no stake slashing, user fee rewards, loss protection, or any other applications/services besides ETHUSD price feed? Give me a break. I can't really believe copelets like you are actually serious that beta staking is going to cause price explosion. I feel you're the kind of retard who hypes up non-announcements and non-happenings too. Anyway gl with your ebic short squeeze.

>> No.49915303

>>49915255
yes, but now look again at the coins in the top and who is left. if you don't have a small stack of link and you've been in crypto for any amount of substantial time, you are not going to make it

>> No.49915324

>>49915220
Yes, but over a far longer period of time. I'm picking up the convo from the deleted thread about current year price predictions. People were saying 50+ etc. Only a few had more reasonable expectations. Idk what needs to happen for linkies to temper expectations and be honest with themselves about price prospects short term kek. You can't tell me the denial isn't ridiculous

>> No.49915351

>>49915255

Linkpool is and was especially back then extremely iliquid. It was proven mat was basically manipulating the price and it was only traded on their own dex.

You cant compare something like LINK to iliquid coins that pub 10,00000% in a day. They dont count.

>> No.49915518

>>49915293
Ngmi. Also if you are lying i suggest you stop, lying is a sin anon. Otherwise you reay need to dyor, economics for the chainlink token is finally happening and instead of being comfy and relaxed you are coping because you do not understand.
>>49915303
I hold link and lpl. I dont understand why people refuse to buy link. It's so obvious.
>>49915351
Irreverent. The fact is the % change does matter. The manipulation you mentioned does not matter because 99% Circulating supply is locked. (98% total is locked). I bought my lpl nice and cheap, sure not as cheap as those who got the ico but still far cheaper than todays price. Either way im gonna make it.

>> No.49916029

>>49915518
Kek where is the lie exactly?

>> No.49916036

>>49915255
Lpl has no liquidity, theres shitcoins that pump 1000% but theres only 5000 volume

>> No.49916078

>>49916036
Lpl isnt a shitcoin.
>>49916029
>Kek
Ngmi

>> No.49916117
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49916117

>>49912258
Anon, serious question, what did you do exactly to become more emotionally open. I have found the same thing as you, and am still in the process, but if you have any techniques or approaches that especially worked for you I'd love to know.

>> No.49916123

>>49916078
>no response
You're waffling your way out of valid points I'm making.

>> No.49916144

>>49916117
Read 'A New Earth' by Eckhart Tolle. Its about spirituality (not religion) and will help with that.

>> No.49916149

>>49915324
who really cares what people think the price will be, no one has any idea. stop wasting time thinking about it
the only thing we can say is that both staking and ccip are coming this year which everyone has been waiting on for years. make of that what you will
>>49915255
true lpl has been very good too. i was in the ico. don't really count it as it's quite different.

>> No.49916173

>>49916123
>valid
Your points aren't valid. It shows you do not understand the protocol or you're lying.

>> No.49916188

>>49916149
>as it's quite different
Yeah coz it's not a token you're supposed to sell.
>99% locked

>> No.49916194

>>49916117
I think the first thing for me was undergoing an injury in 2017 and dealing with the recovery process from that, which itself coincided with the bear market. Not only did I come out of that as a stronger more confident person, but I was able to relate more to people in less fortunate circumstances than me (specifically the physically disabled). After that it was really just a process of desiring emotional growth, and then hitting "growth spurts" emotionally when confronting my cognitive dissonances and shadow beliefs. Another big thing recently for me has been finding someone to spill my guts to, and then telling them nearly everything about me, even potentially embarrassing stuff. It has to be the right kind of person, but if they accept your faults then it becomes easier to say more and actually really confront the flaws you find in yourself. For me one of my biggest personality traits has always been keeping everything close to the chest and not trusting people, simply the act of "gambling" sensitive personal thoughts and beliefs in the hands of another person and coming out unscathed has helped me see that there wasn't really a reason to be afraid to be more open with people in the first place.

Do it in moderation of course, don't just dive into being a blubbering mess focusing on only the negatives, but I hit a plateau after a while where just "being positive" wasn't enough, I needed to fully confront the negative as well and transform it. I would look into the "shadow self"
https://www.mindbodygreen.com/articles/what-is-shadow-work/

>> No.49916218

Syscon is building the future; the world's first fully mature blockchain platform capable of doing everything you need and all that you don't even realize.

>> No.49916237

>>49916144
I've read ET.
The problem with ET is that there the danger for people of skipping the step to become more emotionally open and focus in the enlightenment/equanimity stuff, hoping one can transcend their emotions and difficult feelings and "accept them away", which is really just another elaborate strategy to avoid the actual reality of them in the first place. At least that's the trap I feel into a few years back. In the right hands ET is very valuable, in the wrong hands ET can send one on a toxic detour that can take years to come back from, and some never do and get lost in the swamp of the search for enlightenment as a release from their pain. But I appreciate the suggestion.

>> No.49916238
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49916238

>>49916188
pool's closed

>> No.49916295

>>49916194
Thanks.
Yeah learning to make yourself vulnerable is a big one.
Being real is both the price and the thing many try to avoid. It's difficult shit. Let's hope Sergey will reward us for our self perpetuated growth goals.
13k linkies here.

>> No.49916340
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49916340

>>49916295
You sound like you'll make it, I only have half as many stinkers despite being around since the start. Made some dumb choices but this journey has made me stronger in a lot of ways. People on here are blockchains, by default we can't connect and are just a string of experiences that build upon the previous ones. But with the right framework we can work together and become a metalayer of humanity. I think that's what LINK is really about anyway.

>> No.49916346
File: 1.98 MB, 1579x1829, 1654788597702.png [View same] [iqdb] [saucenao] [google]
49916346

>>49916295
you know that guy that does chainlink q+as here every once in a while? you might be interested in this post on life earlier in the year

>> No.49916651

>>49916194
Thanks for sharing that. As someone who has mental issues with catastrophizing thoughts your words resonated well with the things I need to work on. I’m similar to you, been on this ride since 2017 but for me my ability to “stay positive” has really been faltering in recent times. I’m demoralized, I’m miserable with my working life and disappointed with how the last 2 years have gone with LINK. I know many of these things are my fault, and now I’m in a bad place mentally where I have a deep fear of failure. I don’t have anyone to really open up to about this stuff, so I just appreciate when I can read other people’s experiences. It sounds lame but you guys (the ones who still sincerely post on /biz/) are kinda important for my well-being, I’d feel unbelievably lonely otherwise.

>> No.49916663

>>49916123
I think v0.1 is a concession by the team towards the clown market we find ourselves in.
Sure, the actual features are missing, but there's a 5% guaranteed APY from the dev wallets, which is a direct attack against the platforms that generated yield on LINK deposits by selling it for ETH or other yield-earning shitcoin and then suppresing the LINK price.

>> No.49916744

>>49916651
My pleasure. I need to get to bed, but I think we probably could relate a lot on our thought processes. If you want to drop a line, here's a burner email.
misc153@protonmail.com

>> No.49916767

>>49890832
ooh, what a list

>> No.49916771

>>49916346
Amazing read. Thank you anon. I appreciate you.

>> No.49916800

>>49916663
I can’t help but feel the same way. I’ve commented on this in other threads since the road map and other recent Sergey interviews have released. First, I still think the way Sergey has been speaking in his recent interviews is unusual, to put it one way. Up until very recently Sergey has always had this “I don’t care about the price” attitude when it came to crypto (and therefore LINK), but one of his recent interviews had him very directly discussing the price. On some level maybe he doesn’t care about the price all that much, he’s already set for life. But he’s pretty much committed to this being his life’s work and there’s no way he’s happy about Chainlink doing worse than dog coins. When you combine that with the v0.1 staking properties like priority access to long term holders, it really does feel like Sergey is throwing a bone as a reluctant admission that yeah, the last 2 years have fucking sucked for the price. I’m saying this as someone who thinks in every other metric they’re kicking goals and doing great work. I seriously hope by SmartCon v0.1 is out, because I’m gonna be really disappointed if we’re really gonna get something dumb like 11:59pm on December 31st.

>> No.49916818

>>49916651
Anon, please read the image posted right above you.
One idea which you could try, given your situation, is to actually look as hard and deeply as possible at the things that went wrong in your life (like not being smart enough to sell link at 50) and really having that sink in as evidence that you are not as perfect as your childhood ego told you you were. It sounds like you are being confronted by these pains while at the same time still trying to avoid them. By actually letting it wash over you and realizing that yes, you are just a fallible human being, it will actually dissolve some of the ego you are trying to hold onto will will create a sense of freedom and new understanding below the surface of it. This night be just what you need.
Go honestly towards the pain and all its implications, instead of trying to run from it.

>> No.49916819

>>49891890
>>49915919
huh?

>> No.49916846

>>49916818
I’ll give it a read, thank you.

>> No.49916849

>>49916663
>>49916800
Problem is that it is only an attack at those platforms in as much as the small minority who will be able to stake in v0.1 are also the people who happen to now be using those platforms. Other than that these platforms will not be affected, at least in the short term.

>> No.49916884

>>49916819
Bots
>>49916818
The image is nice but it doesn't change the fact most people do not care about relgions let alone the true faith. Also most women are not virgins and are vaxxed. It's over.

>> No.49916914

>>49916884
You're doing yourself a big disservice if this is what you take from that post. But you do you man.

>> No.49916942

>>49916744
Thank you, I might take you up on the offer. (phone posting)

>> No.49916944

>>49916914
I'm just managing my risk. I read the pic and the fact is most people, men and women do not want to grow and take proper responsibility for themselves.
>No hymen no diamond

>> No.49917015

>>49916914
>>49916944
Also it's no meme that vaxxed parents produce children with altered dna. I'm unvaxxed and most country's "official data" states we are like 95% double vaxxed, 60% triple vaxxed and around 10% 4 doses +.

>> No.49917038

>>49917015
>most country's
Referring to my countries data. Cuckstralia. Also everyone is a hypernormie/extremely worldly.

>> No.49917155

>>49916800
>price
Can you tell me why you care about the price unless you plan on selling your tokens? If you plan on selling them, at what price will you sell? I ask this again and again from price-moaners yet never get a decent answer. I bet you ignore thos post or don't answer the question properly.

>> No.49917234

>>49917155
On some level there’s a bit of pride. I’m not happy that Chainlink has performed so poorly compared to literal dogshit and scams. But on the other hand I care about the price because I still want to sell a small portion of my stack to fund some things in my life. Did I make a mistake not selling up to $50? Yep. I’m gonna have to just live with that mistake.

>> No.49917291

Looks like nexo trannies are trying to subtlety slide this thread now with all the off topic. I’ll say one thing. They must realise attacking OP will draw attention so now they are trying to blend in with off topic discussion to slide

>> No.49917308

>>49917291
I doubt the other anons are Nexo. There just isn't much to talk about until new info comes to light.

>> No.49917343

>>49917155
Anon's answer makes sense to me. Comparative performance does matter in this context and informs where I invest. Seems sensible to me. I'd bet there'd be far less "price whining" if LINK hadn't crashed through the floor to rank 30 over 2 years. That's brutal.

>> No.49917355

>>49917234
>mistake
I'd call it more a case of not being psychic. So.. So what % of your stack will you sell when we next hit 50? Or is 50 your price target? If you can't answer now, how do you expect to be able to make a decision when it happens? Let's hear it.

>> No.49917385

>>49917343
>>49917234
Both of you defending the price moaning. Neither of you committing to a sell price. This is psychology in action, folks. You're watching it live. COgnitive dissonance, right here.

>> No.49917399

>>49917355
Well I see my mistake as not taking profits incrementally, rather than being allured by one single figure that never hits (e.g. $100). Next time I’m going to sell small (and I mean pretty small relative to what I have in total) because I’ve been living like a complete poorfag for years and still need to do things in life.

>> No.49917400

>>49910841
are we just driving cefi into the hands of Sam?
fuck, when will it end bros?

Withdraw all LINK from FTX as well, after you buy there

>> No.49917410

There has been an update from the biggest LINK borrower from Aave wallet.
They sent their last remaining 550k LINK from the borrowed 990k LINK to Okex yesterday:
https://etherscan.io/tokentxns?a=0x9571140e9e02dd219f9984d1b2df771cef207626

This wallet had 550k LINK 2 days ago on it and has 0 now.
The last transfer operation to Okex:
https://etherscan.io/tx/0x1663866e2a32669ffdf692c730c5fcf6cb7a1decf8bcf3d416e34a1d93897a8a

They made this on the 22nd of June.
They either have sold in the current $6.7 price range their LINK slowly or they are making preparations for a dump with it.
This looks like they are still going along with their short preparation and plan to dump LINK soon if they don't borrow more LINK from Aave.

>> No.49917423

>>49917399
Can you give us some numbers, please? What price will you begin your sell off? What %age will you sell at that price, and what is the plan after sell no. 1?

>> No.49917435

>>49917399
The goal was never to sell though. Only staking rewards....

>> No.49917460

>>49917355
>>49917385
the price target has always been 1k you dumb Nexo shill faggot

while you clowns moan and claw and lie and cheat to get your measly profits, you could have just invested in a better future for everyone, worked on improving your own life, and got rich on the way

do some self reflection, you are tormenting yourself on the inside for no good reason

>> No.49917467

>>49917423
5% @ $20
5% @ $40

>> No.49917489

>>49917410
Think they will wait till 9 or dump randomly?

>> No.49917536

>>49917385
No, it's not complicated. LINK was hard to sell because it underperformed and never caught up as you might have expected. Having a price target with no other context is just stupid and you're too retarded to realise this. Having a price target which is quickly blasted through after a long consolidation and the market is moving is probably unwise - make up your own example. The reason to sell at $50 wasn't because it was $50, but because of the market environment. You're just a dime a dozen denialist, plain and simple, and trying to "gotcha" your way out of it.

>> No.49917551

>>49917489
Maybe they were expecting bad news on the market with the FED talks and were planning to dump in case the Nasdaq lost its support.
But it didn't happen yet then.
The other possibility is that this is their final preparation before the dump and now one of the CeFi platform plans to borrow more milllion LINK from Aave to dump if BTC and ETH go down again to try to cause fear and capitulation.

It should be stressful to keep this short for so long open.
The initial plan was to dump on the staking release but that failed.
It seems they are still coping and hoping for a miracle to save them and don't want to close this trade.

>> No.49917594

kinda exciting either way.

>> No.49917606

>>49917460
Amen, these fags will not inherit the kingdom of heaven and will live in torment

>> No.49917625

>>49917489
They would borrow more from Aave or sell more LINK from their users if the price went up to $9 again to cause a new dump.
Not all CeFi are equal in this trade and Celsius and Nexo have a lower break even price than the Okex wallet owner.
Also this new 550k LINK selling would decrease their break even price and bring it closer to $9-8.5.

They haven't closed this trade which means they will likely double down as it keeps going against them until they run out of LINK to dump.
This is an endurance battle. Time is working against them.

>> No.49917637

>>49917460
This post is what hapens when people jump into conversations without following the thread properly. He thinks I'm advocating selling when in fact I'm deconstructing someone elses assertion that they'd sell
>>49917467
Thank you. I think you'll regret that, but it's your choice.
>>49917536
>The reason to sell at $50 wasn't because it was $50, but because of the market environment
He didn't sell at $50, though. Fucking hell, anon, wake up. I'm a dime a dozen denialist? Well, at least I can read!

>> No.49917689

>>49917625
I know Sergey is above these things but I wish they would just get a whale friend to scamwick liquidate them.

>> No.49917695

>>49917637
>>49917536
>market environment
I take it you approve then of >>49917536 insisting he'll sell 10% of his stack by $40, despite staking, CCIP and enterprise abstraction promised by eoy? Bonkers. Oh, and 'gotcha' ;)

>> No.49917710

>>49898117
underrated

>> No.49917726

>>49917637
That is the point here and you've missed it. You're the one trying to strike comparative performance from the conversation (denial) and I and maybe the other anon are saying that that sort of denial, and price targets in isolation, is retarded, that comparative performance is the cause of the "price moaning" in the first place, not that it didn't hit a target number with no context. LINK's dominance has been falling in a straight line down for 2 years, hence resentment.

>> No.49917751

https://www.youtube.com/watch?v=hoR3lykh3uU

>> No.49917785

>>49917689
There is still over 10 million LINK available from Aave to borrow.
This is not a normal trader getting liquidated by an exchange but a complete CeFi cartel working together with no on chain liquidation price, but only hidden external accounting to their users who don't know what's happening.

The only way to start this death spiral is by having their users remove enough liquidity to cause them a liquidity crisis, or to cause them enough losses that some of the hidden exchange margin calls may happen.
That's why this is a battle of endurance.
Being in a trade is stressful while it's not moving.
They are losing a lot of their mental health over this the longer it goes on and this will cause them to make a mistake over time.

Unfortunately the BTC and ETH bottom may not be in and we could get another dump for example during the week end as one whale seems to have a liquidation in the $890 ETH price.
It's best to keep reserves and to protect the support at $5;5 then to go all in and be out of money because you bought at $8-9.

The optimal strategy in our current situation is to keep buying slowly at lower prices while adding limit buy orders at $5.5, and to keep removing all the LINK liquidity from every CeFi platform, DeFi lender and exchanges.

>> No.49917798

>>49890832
kek
Is this a hit list?
That' not how I was expecting to see assassination contracts to work.
Liquidating CeFi and DeFi protocols.

>> No.49918404

>>49917155
Sure. The higher the price of the token, the better the position of CL when negotiating with other players, top talent or potential vassals.
If LINK was priced as if it had already achieved everything it set out to do including total world monopoly in multiple industries (the way TSLA is), that would give sergey extreme leverage against the WEF, NSA and whoever else is trying to push CL in a specific direction that might not be optimal for the company or its users.
Also, it would wreck faggots I deeply dislike such as NEXO.

>>49916849
>the small minority who will be able to stake in v0.1
As long as 0.1 works and there is a clear expansion roadmap, the incentive to stack LINK in preparation grows significantly, increasing demand and presumably price. Lending platforms that sold the LINK deposited to them to farm shitcoins would see the raising water and buy LINK asap or be insolvent. It's a virtuous cycle from then on. As long as the initial hurdle is overcame, namely LINK shorters having enough LINK at their disposal to completely determine price action with controlled dumps.

>> No.49918435

>>49917726
>denial
Okay let's talk about denial. Do you deny that the Link price has been suppressed? I'd say there's a good case for it, and that this, combined with flawless fundamentals, are a good reason NOT to be considering selling. Keep fudding, though. Now tell me I'm a schizo and deluded, go on.

>> No.49918501

>>49916800
>one of his recent interviews had him very directly discussing the price
source?

>> No.49919029
File: 20 KB, 554x554, retardalert.jpg [View same] [iqdb] [saucenao] [google]
49919029

>>49918435
Suppressed or not is irrelevant to the argument and I've not fudded once, you stupid fuck.

>> No.49919227

>muh price is irrelevant
will you faggots stop propagating that asinine statement? we're all in this to make money after all

>> No.49919350

>>49894232
Good choice.

>> No.49919810

>>49916346
holy shit this is deep. thanks anon. Only recently I've seen anons here mention the necessity of rites of passage and something clicked. We don't have that anymore. I'm married and I still have trouble looking at myself as an adult.
anyway, thanks for reading my blogpost

>> No.49920239

>>49917785
could you niggers stop being greedy and fill my buy order at 4.38? It has been sitting there for weeks

>> No.49920399

>>49920239
Did you already prepare your press release for the moment you will declare bankruptcy?
Do you have a place to run to to avoid going into a prison?
I would be worried in your situation Simeon.

You won't survive this...

>> No.49920712

>>49920399
You really might consider taking meds, I am clearly the other guy, Simeons buy orders are at 2.87. Fill my buy order and then Link moon to, lets say 14

>> No.49920821

>>49919810
Fucking retard

>> No.49920954

>>49920712

Simeons buy orders are at whatever prices he is forced to buy when he has no choice but to buy LINk due to insolvency.

However most likely they just exit scam. At which point they are still exposed and in debt but they’ll just default and leave the buying up to the protocols and exchanges they owe it to causing the price to spike very hard indeed

>> No.49921053
File: 1.12 MB, 4346x7026, 1629984946417.png [View same] [iqdb] [saucenao] [google]
49921053

>>49909081
You now nexo are in deep shit when they have to hire the pajeetest of pajeets to shill. They are literally clutching at straws here.

>> No.49921101

I've been seeing these threads for many days now yet absolutely nothing interesting is happening. I'm starting to suspect OP may be a faggot after all, pardon my french.

>> No.49921145

>>49914229
You do you need that information beforehand? Why is pretty much every other unit of measurement marked before the amount?
Fucking mutts, nuke them

>> No.49921328

>>49914229
Now explain how the retarded American date format is great too. Or how Fahrenheit scale makes sense. Or how 1 foot is 12 inches, but 1 yard is 3 feet, but 1 mile is 1760 yards. But 1 pound is somehow 16 ounces?!

>> No.49921414

>>49921328
You are bulgarian scum

>> No.49921718
File: 29 KB, 450x450, laughingcheeta.jpg [View same] [iqdb] [saucenao] [google]
49921718

>>49909081

>> No.49921728

>>49921328
Fahrenheit makes sense as it's anthropocentric in its design. Every value between 0 and 100 in F is useful in everyday experience.
In celsius, all real estate is between -10 and 40, and the comfort zone is 19-26, which is a tight range. And 25.0 feels different than 25.5, but nobody uses that precision with C so you can't even set it on a thermostat.
In short, F is much better for autistic people.

>> No.49921739

>>49898189
That's the guy who sold the top and retired in the Seychelles. The only smart money in that pic

>> No.49921772

>>49921101
Yes, agreed. I have never been more comfy with my LINK on nexo earning me 5%

>> No.49921798

>>49921772
Should I transfer my stack there? If they are running low on LINK, they might be extra grateful to me for the help and give me more APIs?

>> No.49921836

>>49890454
Not really a fan of this reddit baiting strategy but if you send link to gme levels I will forgive

>> No.49922049

>>49921798
Nexo has shown its strength against ponzis like Bancor and Celsius. So I think that's a good idea to stop your stack from decreasing in value like it would in a cold wallet

>> No.49922075

>>49919029
Whining about the price before staking, when the token is useless, and when it has been clearly suppressed by parties such as Nexo, and more importantly right before the launch of the 3 main elements which will alter the trajectory of the entire project, if not the space itself, is absolutely fud. You act as though these things were inconsequential when in fact they are 100% relevant, and try to steer us down the road of past price performance. This is fud, and you know it. I'm not going to call you names because I'm a grown up, but you carry on, I can take it.

>> No.49922119

>>49921772
>>49922049
lmao this has to be tongue in cheek

>> No.49922134

>>49921728
>Every value between 0 and 100 in F is useful in everyday experience.
How in the world is -17 degrees celsius useful in everyday experience?

It's the exact opposite: Fahrenheit is completely useless in everyday experience, while Celsius is.
0 is freezing, and 100 is boiling. Both are useful every single day.

>> No.49922177

>>49922075
>before staking, when the token is useless
The Link token has not been useless since May 30, 2019.

>> No.49922178

>>49892319
ROLLING

>> No.49922181

Go look at the Nexo subreddit - they know it’s a bunch of demoralized ‘Link marines’ spreading this fud about trying to ‘cause a short squeeze of their beloved obscure token’. It’s looks so pathetic.

>> No.49922219

>>49922119
Stay poor waiting for the beta stage of the initial phase of the pre-release version of v0.1 LINK staking. Oh wait, it's only open to 25 million LINK kek. All for the same % you can get on nexo now

>> No.49922234

>>49922177
>not been useless
What can I do with the stack that's sat on my hardware wallet, then, other than sell them? You know what I meant.

>> No.49922263

>>49922219
fudders before the staking details:
>haha the initial staking release will be enterprise only, normies won't be able to stake for years

fudders after the staking details:
>h-haha so normies will be able to stake right away, b-but it's not a lot!!

>> No.49922287

>>49922234
>What can I do with the stack that's sat on my hardware wallet, then
Pay for VRF or price feeds.

>> No.49922300

>>49922134
that anon explained themselves pretty well if you weren't a retard. celsius is such a small livable range for humans, hence his anthropocentric line in favor of F.

>> No.49922304

>>49922134
0F, really cold
100F really hot

0C somewhat cold
100C dead.

How often many times a day do you measure boiling/frozen water?

>> No.49922409

>>49922304
Most of what you eat was frozen and/or boiled at some point.

Meanwhile 0F and 100F mean absolutely nothing.
-5F is indistinguishable from 0F, same with 105F and 100F.

>> No.49922416

>>49922263
Forgive me, I only started learning English after the staking blogpost

>> No.49922424

>>49922304
many times a day, especially if I'm cooking
not to mention that these retarded fahrenheit measurements can go negative either way

>> No.49922437

>>49922300
How is 17 degrees below freezing ever useful to anyone?

>> No.49922452

>>49922300
>such a small livable range for humans
I have manage to live pretty well in that range

>> No.49922481

Nexo token $1k eoy

>> No.49922486

>>49922181

>oh its just those link marines haha
>the ones that have no reason to know everything about is
>its not like they exposed us doing a massive fud operation we tried to keep secret or anything
>haha
>why would that random group of holders have any reason to dig deep on us(nexo) and expose bad things?

Fuck off back to redd!t where you feel safe cunt. Most people feel no need to investigate things till they already get effected by them. Just so happens LINK holders already got hit by NEXO. Its not strange at all

>> No.49922513

>>49922304

And loom at this blatant attempt to slide this thread to bump limit now that Americans are waking up

>> No.49922519

>>49922304
>0F, really cold
>100F really hot
Completely meaningless since the same is true for like 10 degrees in either direction.

>> No.49922562

>>49922437
because at any point in time in a country or region of the world, the temperature can range from 0 to 100 F and be livable for humans. that greater range allows more precision for "feel". i forgot i'm dealing with autists. the variance of 20 degrees in C is very lacking in comparison.

>> No.49922569

>>49922219
>depositing your LINK to nexo
lol no

>> No.49922572

>>49922486
They aren’t wrong

>> No.49922586

>>49922562
>because at any point in time in a country or region of the world, the temperature can range from 0 to 100 F and be livable for humans
What about between -2F and +102F?
Why is 0F the cutoff?

>> No.49922588

>>49922513
Yup but can alwyay just make a new one anyway. NEXO is still fucked whether they slide this thread or not.

>> No.49922595

>>49922562
>a scale of 0 to 100 makes me feel better
ok, I prefer the worldwide standard used pretty much by every other country in the world

>> No.49922617

>>49922134
Well, -17 is a temperature that does occur naturally in places where people live. Sure, not in every place where people live (and certainly not often in F using places), but it is an actual temperature experienced by people in their everyday life.
The everyday experience of people is dressing up correctly for the weather outside and managing heating/cooling for their home. When they want to freeze water, they put it in the freezer, when they want to boil it they put it on the stovetop. Neither usually have a temperature dial with C or F written on it. When they want to relax in a comfortable living room, they set the thermostat to whatever the F equivalent to 23.5 C is, kick back and relax.
It's simple stuff, no reason to be upset.

>> No.49922623

>>49922586
it's not the cutoff, it was just an example. i'm not defending the use either way, just how fucking autistic you all are in response to the other anon who merely said it was more human friendly.

>> No.49922628

>>49922617
>Well, -17 is a temperature that does occur naturally in places where people live
So is -18.

Stop for a second and look at what you're doing.

>> No.49922647

>>49922424
> This nigga measures the temp of boiling water

>> No.49922658

>>49922623
>it was just an example
It's not "just an example" when it's literally codified as 0 """degrees""" under the Fahrenheit system.

>> No.49922684

>>49922647
I have no choice, you see my oven has temperatures on it, you fucking retard

>> No.49922698

>>49922647
Boiling point (at sea level) is where 100 was deliberately set.
It represents a temperature that is extremely relatable to humans.

What does 100F represent? Two fidgets and a dime beyond "too fucking hot"?

>> No.49922703

>>49922647
Kek. This reminds me of a friend whose grandfather didn't trust calculators and would always check with pen and paper anyway

>> No.49922718

>>49922300
If you're talking about weather - there are like 5 discrete temperature ranges that influence human decisions:
>below -15°C = put your warmest clothes on
>below 0°C = warm clothes, expect snow and ice
>below 10°C = warm clothes but no snow
>below 20°C = regular clothes, maybe a sweater and you'll be good
>above 20°C = shorts, t-shirt, nothing else

Within those ranges you adjust based no other factors like wind, time of day and cloud coverage, rain.

If you're talking about AC - thermostats have 0.5°C steps, you do not need more control. Actually could have 1 degree accuracy and nobody would notice apart from total autists.

>> No.49922725

>>49922588
Best thing is these threads literally do not even matter. No one here has the ability to change the price of anything significantly. None of their users can withdraw even half their stack from Nexo. All we're here to do is stand around and laugh at the burning ship headed towards an ice berg.

>> No.49922734

>>49922703
nigga if I opt to boil my fucking water in less than 100 celsius it will take FOREVER

>> No.49922747

>>49922718
this for fucks sake

>> No.49922760

>>49922725
yup liquidity is fleeing either way.

>> No.49922846

>>49922760

Already more than 100k withdrawn today. Its actually accelerated.

>> No.49922866

>>49922628
When F was designed, people expected the weather to stay in the range 0-100 F where they lived. I don't think that held up, but you can't blame them for trying.
Think of it his way - F is optimized to tell you how a human feels, C is optimized to tell you how water "feels".
You can, of course, prioritize how water's day is going when telling another human how hot is it outside exactly. Americans simply decided not to do this.
I am an europoor btw and thermostats here DO NOT have the option to set temp to anything other than a whole number. I just set them a bit colder than I'd prefer and deal with it.

>> No.49922912

>>49922866
humans are over 70% water you imbecile
>europoor and thermostats DO NOT have the option to set temp
change thermostat you retard, holy fucking shit
t. fellow europoor with fully adjustable thermostat

>> No.49922945

>>49922912
What does this temperature argument have to do with Chainlink and Nexo? Is it an attempt to derail the thread?

>> No.49922952

>>49922866
>When F was designed
Wasn't really designed, the scale was chosen arbitrarily and later redefined. Guy who "invented" it was literally retarded.
>Fahrenheit temperature scale, scale based on 32° for the freezing point of water and 212° for the boiling point of water, the interval between the two being divided into 180 equal parts. The 18th-century German physicist Daniel Gabriel Fahrenheit originally took as the zero of his scale the temperature of an equal ice-salt mixture and selected the values of 30° and 90° for the freezing point of water and normal body temperature, respectively; these later were revised to 32° and 96°, but the final scale required an adjustment to 98.6° for the latter value.

>> No.49922986

>>49922866
>When F was designed, people expected the weather to stay in the range 0-100 F where they lived
That's not at all how the Fahrenheit scale was conceived.

>> No.49922988

>>49922945
absolutely nothing, but I deem it far more interesting than the 100th thread about Nexo and short squeeze hopium/speculation
we can't do shit either way, literally who cares
we've been having these threads for almost 2 weeks now, nothing has come out of it, LINK is still struggling to break $7

>> No.49923024

>>49922866
>I am an europoor btw and thermostats here DO NOT have the option to set temp to anything other than a whole number.
What the fuck, I have actually never in my life seen a thermostat that only accepted round numbers. I don't look at other people's thermostats desu, but at my home (and my two previous ones) it's 0.5°C precision, same in ~20 hotel rooms I've been in all over Europe. Stop making shit up.

>> No.49923043

>>49923024
>0.5°C precision
pretty much my own experience as well

>> No.49923054

>>49922945
Not sure about Nexo but Sergey is pretty hot

>> No.49923075

>>49922945
Thread reached bump limit anyway, I suggest packing everything useful from it and making a new one.
>>49922912
>humans are over 70% water you imbecile
Rude. And as far as I'm aware, people don't immediately freeze at 0C. We also boil at a bit higher temperature as our water is somewhat polluted. But that's besides the point.
>>49923024
I might be using the wrong word. My "thermostat" is a remote control for my AC unit I installed in the commie flat I rent while funneling all of my funds into rebuilding gradpa's house in the mountain to live there and herd goats.

>> No.49923139

>>49923075
>We also boil
humans do not have a freezing or a boiling point you absolute moron

>> No.49923175

>>49923139
Are you sure about that, I've seen pictures of people frozen solid.
And you personally seem to be boiling right now, metaphorically speaking.
Things are heating up in the thermostat fandom, ho ho

>> No.49923252

>>49923175
>lel lol rolfm lmao le ebin troll master with le ebin elaborate ruse
go play with yards inches feet or whatever the fuck you imbeciles are using

>> No.49923257

>>49922945

their fud budget has clearly shrunk a lot.
So now it seems their boss told them to just slide as much as possible with off topic as they cant argue anymore due to budget constraints or lack of script to reference
Good news: they are freaking out and clearly feeling a large uptick in withdrawals from users if they have to take actions like this

>> No.49923289

>>49923257
if you're inferring to my off topic spam, I feel the need to inform you that I'm acting on my own behalf
now these other guys defending the retarded american measuring system, I have no clue

>> No.49923354

>>49923252
Anon, you've only provided insults in response to my measured and reasonable arguments.
Stop spilling spaghetti and address my points or at least post some images along with your chimpout to make it look funny.

>> No.49923356

>>49922572
You are so transparent it’s not even funny. Fucking retarded bulgarians i swear

>> No.49923496

>>49906621
have you allowed exodus to move the tokens on your trezor?

>> No.49923508

>>49923354
what points you mega retard? that you're too poor to afford a decent thermostat?
or that humans don't freeze at 0 degrees celsius? jesus fucking christ, fuck off and go jerk off to the imminent nexo bankruptcy and link short squeeze

>> No.49923596

>>49923508
The point at the very start, my deranged and mentally deficient autistic friend. That F gives more precision in the range of temperatures humans "use", that C is water focused whereas F is human focused and that your mother prefers my 6 inches rather than your father's placid 2 cm cock you fucking piece of shit nigger I can't believe I waster so much time talking with you, you gypsy-trained strip-dancing monkey.

>> No.49923676

>>49923596
>ddddurrrrr F is human focused
ok, what do 0 and 100 fahrenheit degrees mean for humans?

>> No.49923698

>>49923676
as the other anon suggested, why not go with -2 and 102 F degrees instead of round numbers? WHAT IS THE FUCKING DIFFERENCE?

>> No.49923751

Having settled the issue and agreed that American measurement systems are trash, could someone point me in the direction of actual evidence that people are withdrawing LINK tokens from Nexo, somewhere I can actually see their balances instead of just etherscan links to random transactions between anonymous wallets? If not, this all seems like a psyop.

>> No.49923773

>>49923751
desu it seems like a textbook tranny fake hype bullshit, as always

>> No.49924241

>>49923773
>>49923751
You spamming psyops in every thread doesnt change anything, it just makes you look even more desperate. Dirty gypsies

>> No.49924330

>>49924241
Lol I don't care either way, my linkies are safe on my Ledger (as long as some murderer doesn't come to my home because my address was leaked by Ledger lol). You can easily prove me wrong by posting actual evidence. If it's so "obvious" then just fucking post it.

>> No.49924463

>be me
>check in to see if there's any new interesting transactions found by fellow linklets
>nope
>maybe a salty tweet from a bulgarian? or a rumor about another cefi in trouble?
>nope
>just discussions about celsius vs fahrenheit
great

>> No.49925284

>>49924573

>> No.49925309

>>49924330
>>49925284