/biz/ - Business & Finance

maybe you're just an outsider who wonders why the price goes up before the news break and wonder afterwards why it doesn't continue to go up.

What we thought was the BSN pump was actually insiders trading, so we are just priced-in already. Relax. We have shown solid support at 7 and will stay like that for at least a couple more weeks. Stop fretting, we will all make it. God bless

>>20712000
nigga it's 2020 we have moved on

I HOPE YOU ENJOYED FUDDING REDDIT

WE COULD HAVE BEEN 30 DOLLARS BY NOW

LOOK AT THE LONGTERM CHART OF COURSE ITS DUMPING

>>20712000
>>20712011
What the fuck are you schizos even talking about.

>>20712000
>>20712011
what these fags said, but we will actually drop below 6.9 and bottom at 6.5 before we go to $10

>>20712089
>what these fags said
What the fuck did they say?

>>20712086
Korean Banks and T-systems both announced within days, obviously before announcements there are preparations.

>>20712000
most of the retracement happened before the news tranny

>>20712121
Again, no clue what you're trying to say.

>>20712104
can’t you fucking read? that pump from 4.9 to 8 was chinese and koreans buying link because they knew about the recent announcements before they were made

>>20711958
Price manipulation, somebody shorted it and they panicked when it started mooning and started a FUD campaign. Or maybe even they artificially inflated it to maximise their short gains. There was no real reason for the current moon mission.

Anyway, staking will be announced at SmartCon and we will moon again.

>>20712152
PEOPLE WHO DO PREPARATIONS FOR INTEGRATIONS KNOW ABOUT INTEGRATION BEFORE OFFICIAL ANNOUCNMENTS SO THEY CAN TELL OTHER PEOPLE WITH MONEY TO BUY IN YOU DUMB FUCK ITS CALLED INSIDER TRADING AND IS ILLEGAL IN STOCK MARKET BUT LEGAL IN CRYPTO

>>20712163
still insanely bullish

>>20712163
>>20712189

That makes absolutely zero sense.
Link was already 20% down from ATH when the T-Mobile and Korean bank announcements were made.

>>20711958
>Year 40889
>Chainlink solves the Imperial Webway problem and unites humanity as one as intended.
>no longer a 1000 souls are required to maintain the emperor alive on a daily basis
>helps restore the God Emperor of Mankind to his former glory
>Eldar make peace with the Imperium and declare eldar waifus for all monkeighs
>$9.08
Whaaaaeeeat the fyuuu-u-u-u-u-u-u-u-u-u-u-uck???

>>20712184
>There was no real reason for the current moon mission.
Oh really.

>>20712224
jesus christ

>>20712224
You're a fuckin retard bro

>>20712264
>>20712270
There's no way you can warp reality to fit your little narrative.

>>20712286
what narrative you dumb fuck. That pump at the beginning of july was insiders buying because they knew about korean bank integration. it didnt pump on annoucement because it already pumped before, which part for you is hard to understand here?

>>20712286
What about PRICED IN do you not understand you midwit

>>20712224
You are fucking stupid dude. Brain smoother than a lake rock, investing may not be for you

>>20712331
>>20712346
>>20712380
Link pumped early July because of BSN.

Take more meds.
Or less, whichever applies.

>>20712286
just be happy that someone as dumb as you managed to buy in and hold link

>>20712402
You already replied to that post, schizo.

>>20712387
oh yeah, it pumped because of bsn week later, because that ever happens, ive been in crypto 3 years and never seen a pump that 'lags'

>>20712387

>>20712442
>it pumped because of bsn week later
Well yes.
Link started pumping immediately, but Bitcoin dumped right away.
So Link went for it again a few days later.

>>20712264
>>20712270
>>20712380
Nufags detected. Obvious bait retards

>>20712244
Checked

Do you fuckers think we can still do a 3-4x or is that still a long way away?

>>20712670
it will be instant 3x when staking announcement is made

>>20712884
How long will that take you think best and worst case scenario. You really think it would shoot to like $21 from here if they announce staking

>>20712884
Also is there any other precedence of a coin that went haywire when staking was announced, tezos?

>>20713015
No coin, not a single one, has ever had useful staking before.

>>20712884
If industry adoption news doesn't do ANYTHING for Chainlink's price, then neither will staking.

>>20712985
best - in 31 days
worst - february 2021

>>20712015
This. Have fun stinkies watch it drop.

>>20713015
You mean other than ETH which about a week ago started cementing their efforts towards ETH 2.0 with information regarding public testnets and attack nets in anticipation of a 2020 launch
Which directly coincided with, as of today, an almost $100 increase in price?

No, I can't think of a single one anon

>>20713040
if staking is live then it means industry is using it in a way which motivates token price to grow

>>20713097
The difference with ETH is it already passed $1k last bullrun. People are speculating its value of at least $1k before the run starts

>>20713051
Im unsure about smartcon. They've always said staking has to be launched with actual use requiring it, but if that was always intended at smartcon we would have learnt about the use in the months since it was meant to happen. Meaning at most they had announcements of far future planned work and so nothing concrete for staking.

>>20713137
>if staking is live then it means industry is using it
Buddy, "industry" is using Chainlink right now, since a few days ago.
This is a global IT/telecom company mining Link tokens.

Literal industry adoption.
And Link DUMPED when this came out.

Well why isn’t staking priced in then?

>>20713252
It’s usually taken a few days to respond though no? Remember bsn. The korea news is massive

>>20713283
Is it? We don't really know the scope of the relation.

>>20713308
Ok that’s fair, it has the potential to be massive but ya if we don’t really know the relation then fine this price action is ok and normal

The mentioned insider trading is illegal, right?

>>20712224
this has to be trolling

>he fell a 10 min programmable json parser meme

>>20713283
When BSN was confirmed, Link started pumping immediately but then BTC took a huge dump to stop it.
Then Link pumped again a few days later to make up for it.

This time around Link didn't react at all to the T-Mobile and Korean bank news.

>>20713503
Not true. We went up 100%, our retrace should have been much more significant and it wasn’t. That’s Bc of those announcements. How you like them apples

>>20713503
The other thing is everyone is in that needs to be in now. Just waiting on industry and mass normie invasion

Why are they doing this to us..

>>20713337
It may well just be more price feed drivel. Tbh even if it was big news there's zero outside interest in crypto right now and everyone in this space is already pretty much in the link camp or against it at this point. Until industry use actually starts raising the price i doubt we'll see huge moves. No normie money.

>>20712000
Checked.
The previous run was just an overdue correction upwards, any news from a few weeks ago will correct upwards in about a month.

>>20712224
i had a good laugh, t.hanks u nut

Chainlink is good

>>20711958
pre pump dump

>>20713534
This is cope.

>he thinks crypto is a bunch of people waiting to "buy the news" every time a project announces something
lmao

>>20711958
you know how easy its going to be to dump on you in a years time. just save some good news for the top and morons like you will buy all our bags

>>20712264
>>20712270
>>20712380
>>20713353
>>20713775
The fuck is this bizarre samefagging.

>>20715451
>he doesn't think crypto (or any other market) is a bunch of people waiting to invest
haha k

>>20715485
>just save some good news for the top
What?

>>20715677
Why would someone buy Chainlink after their 63rd integration/announcement and not their 62nd? It's announcement fatigue. Everyone who is interested in Chainlink is already in.

>>20715701
>Why would someone buy Chainlink after their 63rd integration/announcement
Because this is an actual major traditional industry player running a Chainlink node?
This is an absolute first.

And because those four banks are the biggest in Korea?

>>20712189
>AND IS ILLEGAL IN STOCK MARKET
implying this doesnt widespread happen everywhere anyways since its literately impossible to track.

>>20715736
And yet look at the price. Chainlink gradually breaks into new tiers of normie consciousness. Google was the first one. But each piece of news doesn't mean a new tier.

>>20715844
>And yet look at the price.
That's the point of the thread.

What are you doing.