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16324087 No.16324087 [Reply] [Original]

I've just sold my link stack and have taken 10x short position on link.

I am a firm believer in the technology, but I am also an investor seeking profits. I have 10x my money in less than 6 months. I would be irresponsible not take my profit and preserve my capital.

I mention preserving capital because I believe it has become increasingly obvious that LINK is entering a sustained downtrend, to perhaps sub $1 levels over the coming months. This is mainly due to the following:

- Bitcoin bearish again, will continue to be until sometime post halving.

- LINK has already appreciated significantly, and the market as a whole is looking to take profits. This exerts extreme downward pressure on the price.

- Smart Contract Limited incentivisation program, which sees them paying node operators from their LINK holdings, further suppressing the price as these node operators sell to cover expenses. As more node operators are approved this selling will escalate.

I know there's many on here who disagree, but I felt I had to speak reality to those who would listen.

>> No.16324095
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16324095

>>16324087
Before you buy, let me tell you a story.
I was visiting San Francisco to see one of my friends. We went to a strip club, and while I was there, I saw Sergey, surrounded by women. He was throwing tons of money at them, but not just bills. It was stacks upon stacks of $10,000, sealed up with the white paper bands, like he had just come straight from a bank.
I went up to him and congratulated him on the success of Chainlink as of late (this was about a month ago), and he started laughing. He took a hefty swig from a bottle of Dom Perignon, and said, "Yeah? You think I care, stinky?"
Confused, I asked what he meant, and said that he had obviously put a lot of work into LINK and he should be proud.
"Fundamentally, I don't give two fucks about Chainlink, kid."
He was about to say something else but one of the strippers tapped him on the shoulder. Sergey pulled out from his pocket the biggest ziplock bag full of cocaine I've ever seen in my life. It looked like one of those gallon bags, almost bulging at the seams. The stripper ran off into a back room with it.
He then pulled out a Zippo lighter.
"You wanna know what I think about Chainlink?"
He snapped his fingers and a stripper handed him a bottle of Hennessy. He then pulled about 20 stacks of bills from a duffel bag, threw them on the floor, poured cognac all over them, flicked his Zippo, and dropped it onto the pile. Almost instantly the whole stack caught.
I stared at him, speechless.
"It's called a 'PUMP and DUMP,' kid."
He laughed as he watched the pile burn before losing interest and going into a back room with his entourage of strippers following carrying duffel bags full of what I assume was money and coke.
This is the man you are supporting by buying LINK.

>> No.16324097

>>16324087
Aight, just bought more

>> No.16324103

>>16324087
Your are going to get absolutely buttfucked. Post proof or gtfo fagget.

>> No.16324108
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16324108

>>16324087
>>16324097
>>16324103
Fundamentally, I’ve noticed a lot of new posters in the last 69hr (SIXTY NINE) asking about Chainlink and just wanted to warn you. Chainlink is shilled HEAVILY here and it’s very hard to understand so this background is crucial to ensure you stay safe.

Basically, a bunch of RACIST WHITE CIS MALE 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people (IT WAS BESIDE THE FUCKING TOILETS FOR FUCK'S SAKES, YOU COULD HEAR THEM FLUSHING), literally no news or partnership came from the event.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags.
The coin is HEAVILY manipulated by a literal TRANNY DISCORD who pump and dump this coin more than their boyfriends pump and dump hot cum into their asses, and the supply is dried up from huge fucking chink whales (xi jinping is rumoured to hold link) who accumulated below ICO price to create a artificially lower supply.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser (OH MY GOD ITS JSON PARSER...) for smart contracts (LOL HOW CAN A CONTRACT BE "SMART"???), would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. You're literally just buying a wh*tepaper.

They only have 2 devs who are literal pajeets who are payed in big macs (non beef) and Surgay NAZAJEET is a literal psychologist (trusting a shrink? is he gonna tell us to go clean our room next?). So FUNDAMENTALLY, it's a scam, ok thanks.

Now go do the needful and fundamentally buy a real coin with fundamentals like [insert pajeet p&d #23457].

>> No.16324111
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16324111

Do not listen to this heathen.

From He Who Swings or Shorts, All Will be Taken Away.

>> No.16324118

>>16324111
Oh shit checked

>> No.16324267

>>16324087
Dr;ns

>> No.16324317
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16324317

>>16324087
I believe that LINK will moon. This is mainly due to the following:

- fuck niggers

- fuck jannies

- lick my balls

>> No.16324339

where do i open short
my money is with you
and my axe

>> No.16324360

>>16324087
>- Bitcoin bearish again, will continue to be until sometime post halving.
true, link has been tied to btc to a large degree over the past year, see the charts.

>- LINK has already appreciated significantly, and the market as a whole is looking to take profits. This exerts extreme downward pressure on the price.
kek this, never worth holding an asset someone is selling

- Smart Contract Limited incentivisation program, which sees them paying node operators from their LINK holdings, further suppressing the price as these node operators sell to cover expenses. As more node operators are approved this selling will escalate.
true. more usage on the network is pretty bearish.

>> No.16324370

>>16324087
WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF NEGATIVE THOUGHT! ESPECIALLY COLLECTIVE NEGATIVE THOUGHT!

THIS SHIT IS GOING TO DUMP TO $0.50 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

EVERYTHING IS ENERGY AND VIBRATION
ATTUNE YOUR VIBRATIONS TO MATCH THAT OF MONEY AND IT WILL FLOW TO YOU

>> No.16324390

>>16324360
Nobody is using the eth/usd aggregator. The node operators are being propped up from Smart Contract Limited's wallet, and will continue to be propped for a while. This is bearish. If actual users were paying the node operators this would create buy side pressure, but the SCL subsidies are coming from preminted tokens, creating sell side pressure. Pretty easy to understand.

>> No.16324405

>>16324390
i agreed with you faggot

>> No.16324406

>>16324087
Stinkies won't get it. They actually think this is going to $20 or something eoy. It's delusion.

>> No.16324417

>>16324405
You cleared didn't.

>> No.16324420

>>16324406
You spelled $1000 EOY wrong

>> No.16324434
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16324434

>>16324087
Pic related

>>16324111
Trips checked. Nice to see Jesus in the house tonight.

>> No.16324507

>>16324087
Good advice potentially if you have a lot of money... but many, like me, had to struggle heavily to get our meager stacks. Not good advice unless you can afford to lose on everything. To all Linklets, and even up to 20k holders: dont sell sh**. Buy and hold. Wait for Staking.

>> No.16324695
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16324695

>>16324111