/biz/ - Business & Finance

>>19561729
retard

>>19561729
you should only be scared if you don't have any LINK, the low volume is super bullish.

>>19561741
Explain

>>19561757
It means no one is selling at these prices, people are moving their LINK to long term storage, everyday the amount of LINK in the exchanges keep freefalling.

take a look here the depth of most markets are showing buy pressure not sell pressure, furthermore look at the volume, everytime LINK volume craters we get a surge in price,

https://www.livecoinwatch.com/price/ChainLink-LINK

>>19561741
Believer in the technology, but retard about trading here. Would like to hear a rationale for this

>>19561826
Honestly something funky about to happen, this is the lowest volume i've seen but I do think we're about to see some pink wojacks from swinglinkers.

>>19561823
How do see the amount on the exchanges?

>>19561823
It also means no one is buying at these prices... Stupid fucking LINKIES

>>19561860
https://www.viewbase.com/coin/chainlink

Also we are still getting articles from medias like this, who still don't know what chainlink actually is... Thus I must say we are still early.

>>19561852
I believe it, after we hit ATH a few months ago before corona it was clear we were gonna dip to $3.50ish, which aside from the artificial spike down created by everyone panicking about the virus is exactly what happened. Even if we dip again the chart looks really good. I just don't know where some of this data is coming from like amount of tokens on the exchange

>>19561893
bully uwu

>>19561903
crypto kikes are just as dishonest as regular kikes. they aren't ignorant, they're lying.

>>19561932
I wouldn't even be mad if we dip down to low $3s or mid 3s. I'd buy fucking more.

>>19561984
Yeah exactly, having a rudimentary understanding of the tech should be enough to be happy to buy at any price right now. Dipping below $3 again would be a blessing. Crazy to think about a year ago just going above $1 seemed pretty high

>>19561741
>T. Retard

Price will not rise sustainably without volume. A drop with a slight pump in volume is a bearish drop.
To be honest volume is not what you should be looking at. BTC and ETH are both around local peaks at yealy highs. So is LINK. Unemployment is soaring. Those jobs will not just come pouring back. The stock market is acting irrationally. BTC longs are crazy high while btc is overbought. I'm fully expecting a dump in the whole crypto market.

>>19562319
Every (((news))) outlet says the recovery is fake and thw markets are totally about to dump, and all my normie acquaintances are saying the same thing and that "it's not a smart time to invest right now" kinda shit. Seems like pretty bullish signal to me.

>>19562421
This. The breakout will be glorious.

>>19561823

>>120819619561939

don't forget this just happened

>>19562421
This

>2020
>thinking that blockchain is an actual industry
literally the only people making money in crypto right now are clownworld uniswap scamcoins

>>19562421
"BTC longs are crazy high while btc is overbought"
That's not an example of fear in the market.
The market a rising like crazy in a super short timeframe. How could that be any indicator that the public is fearful.

>>19562705
We see Argentina and how things went there. If nothing else it's an example of btc serving as a store of value that can't be fucked with by most government and central banking tricks. You'd be crazy not to have at least 5% in just to hedge your bets a little. The idea of an investment you have control over is ideal. Even physical pms is held back by the fact its physical. Btc can go anywhere and can't really be stopped.

J.P.Morgan x Calastone:
'As of last year, the Calastone platform was based on Enterprise Ethereum, but with a desire to remain blockchain agnostic. The company is a member of Hyperledger and an investor in Digital Asset.'
>https://www.ledgerinsights.com/jp-morgan-using-blockchain-network-to-automate-money-market-fund-payments/
Calastone and Chainlink side-by-side:
>https://interwork.org/membership/members/

>>19562619
or anyone who made the extremely obvious choice to double-down in march

>>19563084
I'm not fudding btc faggot. I've got my own bag because I'm not a short term gambler. Short term I am still expecting a dump. A market crisis usually takes 2 years to resolce and begin recovering. Not 3 miniscule months.

>>19561729
sergay betrayed us all, we were supposed to be all in this together

>>19563194
I'm just giving some reasons brah'. No time like the present. I'm too conservative to try and time shit.

>>19563194
>A market crisis usually takes 2 years to resolce and begin recovering
Except it wasn’t really a crisis since the virus was a hoax

>>19561729
Whenever you are scared, remember that 10k is FUD.

>>19564521

I will never hold more than one linky (strictly for the memes; I'm all in on NICOS,) but god bless you faggots and your funny memes. 10 is not impossible, but COMPLETELY undeserved.

>>19561823
It also means no one is buying at these prices...

>>19564579
One linky will buy you a deep space port in the year 2561, with nearby xeno slave colony and a direct connection to a grade zeta clone facility that will activate your backup in case of failure at no surcharge. Very good investment.

>>19561852
''low volume''
''somenthing about to happen''

>>19561729
Prepare for the great stinky linky dump.

>>19564346
Even if corona is literally a made up meme, the indirect effects from it most certainly are not.
First off you can say bye bye to the tourism sector this entire summer. People will be happy even if they get 50% of last years profit. Not to mention all the businesses with just-in-time logistics that got gigafucked by this situation and are currently desperately trying to stay alive. Service sector fucked.
And then once all governments stop giving out short term trump bucks tier pocket money in a month or two you'll see the true extent of all of this.

>>19562577
check
no one cares
boomers are sleeping on crypto so we aren't pumping
normies are going to sleep on it until they hear about it pumping
chainlink is a scam
fuck jannies

>>19561729
It's all good. I did some TA on it

>>19564666
>if.
If? How fucking blind.ru?

Since when is low volume a good thing? I swear to god this place is infested with some of the dumbest motherfuckers on the internet.

I guess the high volume of bitcoin is bad then? baka

>>19564877
We're pumping retard.