/biz/ - Business & Finance

[Anonymous No.55993611]

Can somebody explain me why ChainLink can't pump?

[Anonymous No.55993725]

>>55993611
Not only is the token not needed - but neither is the chainlink functionality or even distributed smart-contracts as a whole.
Nothing personal chud.

[Anonymous No.55993732]

It might make a good pair in a liquidity farm, going up and down $2 forever generates some action.
Other than that, token not needed.

[Anonymous No.55993736]

>>55993611
the erc20 is unnecessary

[Anonymous No.55993739]

Suppression. Why do you think volume is so high right now?

[Anonymous No.55993740]

fat man bad
linkies are mad
no more gains? sad
bet it feels sucky
you'll never get to fucky :}

[Anonymous No.55993796]

Insider here, just got an email about this link/swift test.
Sounds like the Jews at the top of my particular financial institution are on board.
You might want to have a bag, though I’m not really very optimistic considering the token isn’t really necessary.
>Inb4 post the email.
Post your moms tits

[Anonymous No.55993914]

>>55993611
Sergey dumps his coin(BTC) when link gains any momentum.

[Anonymous No.55993931]

>>55993736
Chainlink cryptocurrency tokens are not erc20 on any chain.

[Anonymous No.55994028]

>>55993725
It is inarguably the second most needed token in all of blockchain.

[Anonymous No.55994210]

>>55993611
Are you gonna spam the same threads all the way down to 2 cents?

[Anonymous No.55994245]

>>55993611
Crypto coins and stocks pump on three types of promises:
1. Existing means to earn protocol/company revenue, with real numbers to back it up, and a perceived low earnings per share (think ETH, GMX, UNIBOT, CRV)
2. and/or, the promise of a means to earn decent protocol revenue in the near future (think most tg bots, fledgling dex or perp platforms)
3. and/or the chance for current holders to sell higher than they bought(think BTC, memecoins)

LINK currently offers neither of the first two opportunities. The third, while implicit, obviously does not pay off, and it likely will not pay off because no amount of memes and news moves the price, so why would it now?
Additionally, the prospects of 1&2 are so distant that nobody except the most well off whales and delusional baggies are willing to make a bet on them coming at some point.
I hope you can finally understand anon. It's a doggy dog world.

[Anonymous No.55996264]

Because its a chudcel pissbaby coin
Simple as.

[Anonymous No.55996316]

>>55993611
Checked and it's either because the token is not needed or because the token is so needed that market makers will want to accumulate it for longer. Either way, you're not gonna profit kek.

[Anonymous No.55996392]

>>55994245
>Crypto coins and stocks pump on three types of promises
Link has this ridiculous double standard, other crypto tokens/coins moon for absolutely no reason whatsoever.

[Anonymous No.55996453]

>>55993611
I have been bearish for a while but I honestly think by this time next year we will be in the midst of a triumph

[Anonymous No.55997734]

>>55993611
>why ChainLink can't pump?
Because it already pumped. That's it.

People don't think altcoins be like they is
But they do

[Anonymous No.55997741]

>>55993611
>why ChainLink can't pump?

[Anonymous No.55997764]

you shitlink idiots had over a year to get out
now hodl till zero

[Anonymous No.55997774]

>>55993611
Why would anyone buy? I have no desire to buy random shitcoins. You have to convince me. So far I am not sold on the idea of another useless token.

[Anonymous No.55998095]

>>55993611
There's literally only one reason.

[Anonymous No.55998128]

>>55997774
You obviously have no idea what is going on so you're not relevant to the conversation. No one cares if you buy link or not.

[Anonymous No.55998129]

because BTC is down

/thread

[Anonymous No.55998141]

>>55998129
But why is BTC down?

[Anonymous No.55998167]

>>55998141
>Because it's a global conspiracy organised by the WEF and Chris Blec to keep my rank #20 down and if it wasn't for those pesky Bulgarians and Michael....I mean Thomas....no wait it's Adem, well Link would be $1000+ right now and I'd be having sex for the first time....so you better watch out fudders, don't make me have to leave my mom's basement!

[Anonymous No.55998182]

>>55993611
I have an old friend who recently started an internship at a big shot market making firm and I tried to get some insider scoops out of him over dinner and a couple bottles of wine the other night, and he basically told me it was an open secret in the industry how certain crypto teams just bribe firms like his to 'boost up' the price and such, so yeah it confirmed what I always suspected about price manipulation and hush hush 'pay 4 play' backroom deals. He revealed to me some minor anecdotes but that included some pretty big names that even I was kinda surprised by, like even some of the largest projects who you'd think would behave more subtly because of regulatory scrutiny half-openly engage in this type of practice through various backdoors and loopholes, like subsidiaries 'foundations' and the likes. But the weirdest thing was when I asked him about this one specific team that you may be overly familiar with here and he acted super weird and tensed up all of a sudden and then tried to cut the dinner short, telling me he had to head on home soon, etc. I really tried to get him to relax, and he just told me like 'yeah no, this project is not kosher, it's on the blacklist, because of... diverging interests' basically, and he wouldn't say more but his behavior alone said the whole story. I was very shocked to hear that but when I started thinking about it afterwards it started making a whole lot of sense. What a fucked up industry!

[Anonymous No.55998198]

>>55998182
>dinner and a couple bottles of wine
Thanks for sharing your amazing story on an anonymous poor fat retarded socially- inept underage thirdworlder chinese-cartoon board!

You should add some photoshopped pics of airbnb's, like Moonman, so we know you're the real deal bigtime neurotypical Paul Allen's card businessman.

[Anonymous No.55998205]

>>55993611
Chainlink needed, chainlink token not needed

[Anonymous No.55998292]

>>55998167
I don't know about all of those theories, but it sure as fuck isn't a coincidence that this exact same scenario keeps happening: >>55998095

[Anonymous No.55998305]

>>55998205
whoopsie

[Anonymous No.55998333]

>>55993611
ok ill eli5 you dumb nigger
>token demand
no one is using web3 or blockchain, therefore no price impact from usage
>speculative appreciation
it has been proven multiple times that Chainlink Labs uses the LINK token to fund their enterprise, putting constant sell pressure on any resistance level, so you either have a huge amount of cash to counter their market making bots or your monthly purchase of LINK is being funneled into swag and roasties 6 figs salaries

[Anonymous No.55998350]

>>55998333
>putting constant sell pressure on any resistance level
Sergey selling Link puts sell pressure on Bitcoin?
You sound insane, to be quite frank.

[Anonymous No.55998356]

>>55998350
>LINK thread
>brings up Bitcoin
imma head out you niggers are retarded asf. good luck with your investment or whatever

[Anonymous No.55998361]

>>55998356
>Link news
>dumps Bitcoin

see >>55998095
you monkey.

[Anonymous No.55998378]

>>55998361
where's the correlation apart from your obvious cult OCD? many altcoins pumped despite bitcoin crashing. LINK is simply not a good investment vehicle for many reasons already spoonfed to you... the funny thing though is if you guys had put this obsession into your lives instead of glorifying a russian scammer you could have had better lives, but i guess cults needs their members amirite

[Anonymous No.55998391]

>>55998378
>where's the correlation

Link has big news, Bitcoin dumps.
Ta-dah.

[Anonymous No.55998395]

>>55998391
seek psychological therapy

[Anonymous No.55998400]

>>55998395
The real-world evidence is right there, anon.

[Anonymous No.55998407]

>>55998400
take your goddamn redpills, king

[Anonymous No.55998410]

Found an updated version lol

[Anonymous No.55998423]

it cant dump either
crabbing for 2 years lol
SAD!

[Anonymous No.55998465]

Why do you think LINK and PNK are so correlated? The same type of people buy them. Coins only go up when their demand goes up, that only happens when the crowd pays attention to you. LINK and PNK are technically far better than they were at their peaks, but their current prices are a fraction of that peak. Just wait for the hordes to realise the true value and be there when the price skyrockets

[Anonymous No.55998567]

>>55998395
Should the anons in pic also seek psychological therapy, even thought they accurately predicted what was about to happen?
Or maybe, just maybe, you're the one with the subhuman pattern recognition.

[Anonymous No.55999407]

>>55993611
it doesnt have a product

[Anonymous No.55999666]

>>55994245
ETH fee generation is destructive philosophy for the whole space, Imagine running the narrative that you NEED $100+ tx fees in order to stay "profitable", That sabotage the whole thing this space exist to begin with.

The people who pushed this narrative should be lined up and shot, We're reaching a point in which ETH existence and brute force narrative control might run this space to the ground, I'm not even BTC maxi but i can definitely see their arguments here, We need either ETH to lose dominance to BTC narrative or other L1s to actually compete on the social front so we get decentralization of philosophies, But all of them are down bad, Maybe in the bull..

[Anonymous No.55999674]

>>55999666
>social front
*social and liquidity

[Anonymous No.56001022]

>>55993736
all erc20s are unnecessary, except for stablecoins

[Anonymous No.56001115]

>>55998128
>You obviously have no idea what is going on
No, you have no idea. You have no idea how fucking hard you got scammed.

[Anonymous No.56001131]

>>55998305
Yeah, node operators will make money from running jobs, not you creepy incel lol

[Anonymous No.56001156]

>>55994028
and the blockchain is unarguably not needed in its entirety

[Anonymous No.56001273]

>>56001156
>Chainlink bad because crypto bad