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/biz/ - Business & Finance

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53919768 No.53919768 [Reply] [Original]

What was the reason for that big ass dump 7 hours ago?

>> No.53919774

I went to the indian buffet for lunch

>> No.53919780

chainlink released some news

>> No.53919816

Nobody cares about your token at all, even on /biz/. It's not being suppressed. It's old as shit and has zero hype. It's actual proposed function and utility, coming SOON, isn't interesting to most crypto buyers, and the being a wallet of 500million team dumping tokens would scare off any sane speculator.

>> No.53919827

chainlink released functions
shut the fuck up you gaslighting jew, the jig is up, literally everybody that has been longer in crypto than a few months realized by now that the whole crypto market only revolves around keeping link from breaking out

>> No.53919881

A generation of gullible mongoloids.

>> No.53919898

HA Trumpanzies are so cringe.

>> No.53919955

you can gaslight as much as you want, i wont sell. in fact i just longed this morning.

>> No.53919964

price cares

>> No.53919976
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>Nobody cares about your token at all
Vodafone, Mastercard, R3, IBM, Tata, Swift, AWS, Google Cloud, Deutsche Telekom, half of crypto, ... all disagree lol

>> No.53919979

Do whatever quietly, penniless homosexual.

>> No.53919983


>> No.53919990

The price action must be crazy! I'm so excited for you guys.

>> No.53920011

Even you care about Chainlink.

>> No.53920012

>Built on Ethereum
So buy Eth? Got it.

>> No.53920014

>>Built on Ethereum
nobody tell him

>> No.53920025

Never under estimate the power of being down 90%.
Close your eyes and imagine you didn't buy erc20 scam tokens at ath and brainwash yourself into "never selling". And then shut up and stop invading every thread with your retarded gme tier conspiracy bullshit that you linktard faggot baggies suck directly from each others assholes.

>> No.53920036

anything else besides eth copy paste jobs?

>> No.53920038
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Very clearly one big player dumping everything. There aren't many players in the world who have $4B in crypto to begin with, so it's a short list. Perhaps a bank or exchange liquidating to pay the wolves at the door.

>> No.53920042

Everyone predicted a major BTC dump after this week’s news.
Not our fauot you have the pattern recognition of a mollusk.

>> No.53920047

lol, cope

>> No.53920049

that's not how market cap works

>> No.53920052

Linkers piss me the fuck off.

>> No.53920063

t. midwit reddit troon

>> No.53920065

Fucking shut the fuck up. Shut the fuck up.

>> No.53920067

lol, unable to answer

>> No.53920068

You were down 6% yesterday after the amazing TWO MORE "PARTNERSHIPS" announcement anyways before the whale even dumped. You're looking for shapes in clouds because that's easier than admitting your not good at crypto, when that's the only thing that made you smart and special.

Maybe you should try doing something yourself instead of letting a Russian con artist "make it" for you?

>> No.53920074

>You're looking for shapes in clouds
I’m looking for Bitcoin dumps after Link news.
And guess what.

>> No.53920076
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>> No.53920079

thanks for proving my comment, you can go dilate now

>> No.53920085

that’s gold coming from a link bagholder

>> No.53920086
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>You were down 6% yesterday after the amazing TWO MORE "PARTNERSHIPS" announcement
Bitcoin did spend most of yesterday going down.

>> No.53920092

I'm showing market cap because it was a broad fire sale, not just dumping of one coin.

>> No.53920094

way to out yourself too, could you kindly help your fellow troon with dilating?

>> No.53920095

Again. You were down 6% after the announcement before the dump even happened retard. Maybe you should learn to read a fucking crypto chart if you're going to let token salesmen handle your future for you?

What did you think? There was going to be 24 hour delay between chainlinks 1000th fake partnership announcement and a moon trip? Pro tip newfag dummy: crypto moves on inside trading before REAL announcements and dumps on retail afterwards. Link hasn't moved at all, unless you count bleeding down since long awaited ponzi-staking.

>> No.53920097

reddit says it's the silvergate fud

>> No.53920099

>here are some icons. all are copy pasted eth though

>> No.53920123

>You were down 6% after the announcement before the dump even happened
See >>53920086

Link gets news, Bitcoin dumps.
Tale as old as time.

>> No.53920126

Even if they are all copy-pasted ETH (quod non), they are not ETH and buying them is not buying ETH.

>> No.53920135

Jews, probably.

>> No.53920183

>w-well, the existence of bootlegged copies doesn't speak for the popularity of the original, i-it means nothing

>> No.53920195

Then it’s time to buy
Silverkikes are exactly who we thought they were. Why would btc be down on that news?

>> No.53920219

The post I replied to said you should buy ETH instead of Chainlink.
Buying Matic, Fantom, Harmony, ... obviously is not the same as buying ETH.

>> No.53920249

Black people

>> No.53920264

>my shill coin can beat up your shill coin

>> No.53920271
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I shorted before the dump. No, we're not done yet.. maybe. We are technically at a key support level, but it's more likely we dump more because jews might try to chop me.

>> No.53920274
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>Op asks a legit question about the dump
>Thread gets highjacked by Chainlinkers to avoid answering the thread seriously.
Great deflection guys.

>> No.53920279

*but it's more likely we dump more, BUT jews might try to chop me.

>> No.53920281


>> No.53920285

reddit is fucking retarded
Look. The main reason is because we got rejected from 25k. Simple as.

>> No.53920335

Are you insane?
Chainlink is THE primary indicator for BTC price action.

>> No.53920378

Linkies stopped being funny 2 years ago.

>> No.53920387

In your -90% burnt and twisted imagination. If it were true, you could easily make up for the horrific and unspeakable losses you've suffered holding chainlink through the crypto Golden age by always opening a short on btc and link when Sergey makes a blog post.

Of course, you could just leave the short on link open perpetually, because it's an alt that had its run already.

>> No.53920391

>If it were true, you could easily make up for the horrific and unspeakable losses you've suffered holding chainlink through the crypto Golden age by always opening a short on btc
You don't say anon.
You don't say.

>> No.53920401
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posted without comment

>> No.53920403

The jews.

>> No.53920441

Whoa, you just discovered that alts follow BTC price movements.

>> No.53920455

Don't dwell on that jeet. But the dip on udo and qanx or fuck off

>> No.53920485

Imagine being this retarded.

>> No.53920491
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Sergey gets hungry when LINK poomps and since the LINK price (and liquidity) is so shitty nowadays he also needs to dump some BTC to finance the McFeasts (and the army of hookers dressed as Ronald).

>> No.53920503

don't be silly, you know it's true

>> No.53920520

Because crypto is shit, lots of hacks going on.

>> No.53920521

We're going back to $10k. Enjoy the ride retards. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

>> No.53920524

More like BTC is dumping on Link's resistance lol

>> No.53920529

That's why I'll always stick with quantum resistant blockchain and DiD management projects. They've got beat of the alts.

>> No.53920548

Who's this fat pig?

>> No.53920562

I don't care about shits, I'm getting a cash back while using Utrust payment platform.

>> No.53920577

Don't get panic anon, Self custody is the new way to go

>> No.53920660

As someone who shorted before the dump, you're retarded. Even with the last upcoming discount, you retard nocoiners STILL won't buy LMAO

>> No.53920676

This. When you see something happen so often it usually is a sign that it may be the truth.

>> No.53920697

The team is going to dump the equivalent to the entire circulating supply this year.
My target price is between $4 and $3.
Anyone holding this coin without a clear exit plan is a fool.

>> No.53920715

>Buying Matic, Fantom, Harmony, ... obviously is not the same as buying ETH.
Obviously not, considering all those three are reliant on a 3/5 multi-sig wallet to function. Harmony is already dead, the other two will follow suit soon enough.

>> No.53920865
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None of them is quantum resistant. So they are all gonna die off faster over time

>> No.53920932

I don't fucking care, buy signal, avax, ore, kcs.

>> No.53920948

I always prefer multichain solutions on top of self-custody.

>> No.53920985


>> No.53920993

It's the other way around

>> No.53921000


There are a lot of security improvements in the space, particularly through privacy and DiD, don't be retarded.

>> No.53921117
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Built in, nay... _pre_ _programmed_ _minor_ price correction.

>> No.53921143

Why is this thread full of some link fud? Last year or so this shit has been buy everytime it's <$7. Just tp some when it's >$8.

>> No.53921904

LINKcels really think the market moves based on their rank 20 something irrelevant shitcoin. It's hilarious.

>> No.53922295

Imagine what will happen if it combines with quantum hack? The crypto with the best security should be quantum resistant

>> No.53922338
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helloooo? are we still in fucking 2017?

>> No.53922379

Because you didn't find Sergey Nazarov 53914493

>> No.53922438
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>enterprise adoption bad

>> No.53922695

if i had to guess, some institutional player uses an algorithm to trade, someone plugged the Silvergate bank news/increased risk profile into the algorithm, and it told them to de-risk so they turned part of their portfolio into stablecoins/cash which caused the dump we saw

based on the time it occurred, there is a better than even chance this player is based in asia-pacific region, maybe singapore.

basically some analyst somewhere decided that risk of crypto taking a leg down in the next days/weeks was elevated so they de-risked, and that analyst works for someone who plays with billions not millions.

>> No.53923079
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And only those that implemented the primary recommendation of post quantum cryptography from NIST are safuu

>> No.53923318

ETH Denver started.
The lyrics on screen say “dudes” but I’m sure that girl mostly said Jews

>> No.53923665

silverbank, and more generally, the whole banking system cutting on/off fiat ramps to crypto

>> No.53923714

I bought

>> No.53923764

Cellframe and Qan will be leading this trend

>> No.53924509
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wow, that was bad.

>> No.53926285

And there's no identity management project there? DiD is the future.