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

/biz/ - Business & Finance

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56537060 No.56537060 [Reply] [Original]

Seriously, what would the price be if the team didn't dump it every week? $20? $40? More?

>> No.56537079
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56537079

If the project was not funded? I dunno fractional cents?

>> No.56537185

>>56537079
They have customers paying for their services retard

>> No.56537233

>>56537060
Link would be $19.82 right now, taking into account dumps after 2021

>> No.56537247

>>56537060
The supply hasn't even doubled since ico despite muh token dumps. Compare that to basically anything else.

>> No.56537253

>muh dumps are keeping the price down
There is no correlation between the two.

>> No.56537463

>>56537185
CCIP made $2 yesterday

>> No.56537473
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56537473

yeah idk

>> No.56537481

>>56537253
>inflated supply doesn't impact price because it's my special shitcoin

linkie mental gymnastics are amazing...you can violate every law of economics but it doesn't matter because of the cult

>> No.56537512
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56537512

>>56537060
It is mathematically impossible for inflation to affect the Chainlink token price

>> No.56537522

>>56537247
Tokens with high inflation are used for gas which mitigates the dilution. You can't use LINK for anything so every single time the team dumps (either straight up or by paying a node) it's max pain on the price.

>> No.56537551

>>56537463
I sold more on etsy than chainlink does with its flagship product. Should I mint a token for /biz/?

>> No.56537569

>56537481
>inflated supply negatively affects the price
>ad homs
Whatever helps you sleep at night

>> No.56537648

>>56537569
Fuck advocates

>> No.56538332

>>56537060
its a dogshit bloated company with 500 devs that cause price to get dumped non-stop.

probably it'd be $60+ now, $30 just alone would've been due to less supply and the rest up to $60 due to non-fucked up price action that demoralized normies from buying in