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/biz/ - Business & Finance


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21159063 No.21159063 [Reply] [Original]

Why did price explode. There’s no news at all. It’s been three years and then a sudden spike from 5 to $13? What caused this ?

>> No.21159100

>>21159063
my nigga

READ THE PAPER

LINK IS THE FUTURE YOU IDIOTS. HOLY SHIT, WHY ARE YOU NOT BUYING?

IT IS THE FINAL PIECE TO THE CRYPTO PUZZLE. CHRIST. THEY'VE BEEN TELLING YOU FOR 3 YEARS!!!!

ITS LIKE WE'RE TAKING CRAZY PILLS WITH YOU FUDDER RETARDS!!! 1000 EOY FUCKER

NEVER FUCKING SELLING THOUGH

>> No.21159112

sergey said get this bread

>> No.21159147

>>21159063
Whale games. Russian whale games to be precise. Zeus Capital had to be liquidated and it only cost Russian oil oligarch a few million dollars to do it. Now they will pump and dump link back to 5 dollars to make their money back. Risky....but its happening.

>> No.21159157

>>21159063
insider info, we'll probably here about it in a week , expect 18 in like 2-ish months

>> No.21159178

>>21159100
Checked and based anon

>> No.21159183

>>21159063
You will find out at the end of the month.

>> No.21159190

What it boils down to is that the few people backing the link scam are supremely pissed off anybody dared to oppose them. Now they are flexing.

Nothing about links growth past about 50 cents has been natural.

>> No.21159208

>>21159157
Jesus you moron

>> No.21159236

>>21159063
there was news idiot.
i, and others told you all on 8/8 was gonna be BIG.
we'll let you know when the next one is.
now chill out. and relax.
chill out fren. chill out.
fren.

>> No.21159249

>>21159063
did you not see the speech where he said fundamentally vertical? he even looked right at the fucking camera anon

>> No.21159254

When staking?

>> No.21159290

>>21159100
>1000 EOY FUCKER
bad fud 81k EOY

>> No.21159303

>>21159063
Insider trading, most likely. If you're not a newfag then you should know this is common with link. Link will seem to moon out of fucking nowhere with zero rational (public) reason behind it. Conversely, there will sometimes be a big conference and important partnerships announced, and the price will crab or dump. In both cases, it's because the movers and shakers knew ahead of time what was going on behind the scenes. Priced in.

Reminder that chainlink is supposed to be used big corporations. /biz/ wasn't even supposed to be able to get in at ICO

>> No.21159348

>>21159063
Its a network of underground Finnish investors who have manipulated the price til here.

>> No.21159377

>>21159303
It's like the Korean Bank moon.

It was crabbing at $4 dollars than shot up to $7 for no apparent reason, a week or two later it was emerged that 4 major (Worst) Korean banks were test some use cases with CL.

>> No.21159396
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21159396

>>21159147
>Zeus Capital had to be liquidated
correct
> it only cost Russian oil oligarch a few million dollars to do it. Now they will pump and dump link back to 5 dollars to make their money back. Risky....but its happening
>>21159190
>What it boils down to is that the few people backing the link scam are supremely pissed off anybody dared to oppose them. Now they are flexing.
>Nothing about links growth past about 50 cents has been natural.
Bro you really need to get a hobby outside of 4chan

>> No.21159406

someone knows something. big announcement coming soon.

>> No.21159418

>>21159147
>Whale games. Russian whale games to be precise. Zeus Capital had to be liquidated and it only cost Russian oil oligarch a few million dollars to do it.
Can you or anyone explain and help me understand...
Why did Zeus Capital have to be liquidated?
If it cost this russian millions, couldn't he just let Zeus not get liquidated? Did he benefit from doing this?
I don't understand the requirement for Zeus to be liquidated.

>> No.21159425
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21159425

>>21159063
Zeus’s shorts got stopped out and caused a rally.

>> No.21159437

>>21159063
Waves and technical anal

>> No.21159447

>>21159063
It's the Southern Americans, they hired a bunch of cartel people to pretend to buy Link and then they bought the Link by accident :[

>> No.21159467

>>21159063
I saw a thing about how paradigm shifting tech explodes during times of crisis or war. It has to do with the fact they can’t just introduce something to society that has the potential to eliminate 100’s of millions of jobs.

Covid is the fake crisis that is being used to usher in this 4th industrialized revolution. Even if round two hits and crypto crashes big again, the rebound will be even bigger then this 1st round. Buy as much crypto and link as you can. The party is just getting started

>> No.21159476
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21159476

>>21159447
And why would they do that

>> No.21159497

>>21159425
It was fucking amazing watching the price draw toward 11.28, and as soon as it hit that, it rocketed almost instantly way past 12 from simeon needing to cover his short

>> No.21159505

chainlink has been growing parabolically since the beginning basically... it has always been one of the sexiest charts around, with cups and handles forming into more cups and handles

while every other project was boasting about partnerships and promising lambos, this one stayed lowkey.. so over time the things we discovered years ago are coming more obvious on the scene... and lo, the bags were passed

>> No.21159506

I can explain why it came from $5 to $7. It's because the partnership with BSN.

but I cannot explain the bull run since July. No big news at all.

>> No.21159546

>>21159506
People are spreading the word, I had my friends buy in even. It has doubled since we all bought in

>> No.21159548
File: 69 KB, 640x1315, sell signal for linkies.jpg [View same] [iqdb] [saucenao] [google]
21159548

I saw pic related on normiebook. These people are why it's gone up and it's going to drop like a stone in no time. I love Chainlink, but it's gone up too fast and attracting the normie brainlets is never good

>> No.21159568

>>21159425
A bunch of other shorts got liquidated in a chain that followed as well.

>> No.21159572

>>21159467
That's the bittersweet thing about all this. Link is potentially going to make us all filthy rich, but we're basically making a deal with the devil and profiting off turning the future into a neo-feudal hellscape where everything is controlled by big brother government and mega-corporations and literally everyone else doesn't even have a job due to automation. But the game theory is simple; either help bring about roko's basilisk and live a comfy life as a result, or end up one of the suffering neo-feudal serfs living in a cuckshed forever and ever

>> No.21159582

>>21159303
Well, we did. But yeah, I hear you. Chainlink is fundamentally going to be one of these tech companies. It’s located among them geographically and they all hang out with each other at the same bars and go to the same google launch pad tech talks. I’ve been to a few of them because my friend works for google. Coinbase is also here in san Francisco. Ripple and 0x are here too. So think of chainlink as a start-up more than just a crypto-currency. It’s fundamentally more a technology than a store of value or currency. And start ups don’t offer shares to outsiders. Only employees and angel-investors. But kek willed us to get rich. And so it is. All praise to kek. Peepee poopoo.

>> No.21159608

>>21159467
You’re not wrong, fren. Just like fake and gay 9/11. They orchestrate these events to move the world in the direction they want it to go.

>> No.21159615

>>21159063
the start of the new bull cycle.

>> No.21159620

>>21159467
sauce on your thing please

>> No.21159626

It was time. The singularity will be much the same. One day the price will just go parabolic and a mile high green dildo will appear. Normie investor money not needed

>> No.21159641

>>21159572
Nice fanfic

>> No.21159694

Should I trade the stagnating bitcoin for more link or keep my halves separate?

>> No.21159705

>>21159572
You’re not wrong, fren. I may even help bring down this awful panopticon system. But I want to have resources either way.

>> No.21159715

>>21159548
So this is the new fud? the "my mom asked me about chainlink" or "my boomer boss told me he bought some" yeah right. We're nowhere near mainstream.

>> No.21159757

Sergeys main job is controlling multiple chainlink wallets that have buy and sell bots at the exchanges, he can cause any pattern he wants owning 75% of tokens

>> No.21159771

>>21159572
I CHOOSE THE MATRIX

>> No.21159788

>>21159715
I will FUD the shit out of the current price, but not Chainlink itself or the tech it's built on. These retards who are $100 in and will sell at the earliest possible chance will fuck everything up

>> No.21159809

>>21159572
Lighten up fren. I see it more as a future where things work better and your data is more secure

>> No.21159812

>>21159620
Here you go friend, took me a while to find it. Another anon posted this in a thread a week or so ago.
https://youtu.be/7nFbKzt-uwE

>> No.21159844

>>21159788
Yeah I unironically might start fudding myself. Gotta buy more.

>> No.21159856

>>21159506
>no news
lol
korean banks, tmobile, elastos, binance, enj integration...thats like 1/4 of partners announced in the last month

go scroll chainlink twitter feed july to now

>> No.21159870

>>21159572
Yep you are 100% correct. I’d still rather have money then have nothing and live in a hell world though.

>> No.21160024

>>21159548
That's it I'm selling my 6 figure stack of link. I never expected normies to own $100 worth. I guarantee eth never had to put up with this bullshit of normans

>> No.21160030

>>21159063
they fired someone from their team, maybe that had something to do with it.

>> No.21160061

>>21159290

Why do you keep saying 81,000 you silly bitch

Why that number specifically

>> No.21160088

>>21159290
nice fud kys immediately

1m eoy

>> No.21160115
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21160115

>didn't buy stinky linkies at $0.30
>still didn't buy at $4.00
>definitely can't buy at $12.50

>> No.21160120

>>21160024
Thats it! That does it! I'm selling my 8 figure stack!!

;) Get it? ;) ;) Get it? ;) ;) nudge nudge ;)

>> No.21160126

>>21159476
They thought it would be funny

>> No.21160137

>>21160061
It's from one of the old derivative-link memes

>> No.21160163
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21160163

>>21159100
>NEVER FUCKING SELLING THOUGH
chekd and based

>> No.21160164

>>21160137
it's more than a meme though. i'm from the future.

>> No.21160172

>>21159190
1 billion total tokens.370mill in circulation. 1/3 of the supply is in circulation, 2/3 is locked up.

>> No.21160212

>>21160115
this was almost me but I made the right decision and fomo'd in at $3. Close call I almost fucked up big time.

>> No.21160228
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21160228

>>21159063
>Why did price explode.

Everything is exploding. Did you Notice BTC went up to 12K?

Money flows into BTC first, and then into Shitcoins like LINK.

Here's a small tip to you NuLinkers: Once BTC starts making another leg up, your shittcoins usually drop by about 40-60% until BTC rallies and the SAT values equilibriate.

>> No.21160233

>>21159505
"Stayed lowkey" ok retard

>> No.21160266

>>21160228
kys this isn't 2017/2018 anymore. LINK has been leading the BTC runs lately.

>> No.21160410

>>21159548
Kek
Now that reddit is firmly priced out (a suicide stack is $12,000) I welcome the first normans. They’re what caused the ‘13 and ‘17 bull runs

>> No.21160419

>>21160228
Have you been paying attention at all. BTC (and ETH) have been lagging behind every major move by Link. And when Link pumps, it's a much higher percentage than king shitcoin. Yes, there will be periods where Link levels and chills out for a few days while BTC sorta catches up, but nothing like what you're saying.

You also have to come to terms with the fact that the bitcoin cycles have proportionately lower increases and longer waiting periods as time goes on. BTC isn't going to see crazy moves. It's no longer something where some college kid can put in his lunch money and get a lambo

>> No.21160563

>>21159063
institutional buying.
LINK doesnt depend on normies reading the news for the price to go up.

>> No.21160575

Not sure leading up to the Zeus Capital incident but I'm fairly sure the goal now is to completely liquidate Simeon and then once he buys enough link to cover his shorts, dump on him while he's been forced to buy the top

>> No.21160583
File: 306 KB, 1692x1242, speakers.png [View same] [iqdb] [saucenao] [google]
21160583

How the fuck could anyone look at this lineup and have money in ANY other asset.

>> No.21160785
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21160785

>>21159467

>> No.21160846

>>21159063
There's nothing wrong with taking profits. I sold my LINK and went on my birthright trip where I found a gf. The banking system is pretty based when you think about it so there's no need to rock the boat with any revolutionary ideas. Sure they control the media but at least they're not Nazis.

>> No.21160891

>>21159548
You think a $50 investment is driving this market. Do you know the daily volume of link? GTFO brainlet

>> No.21160930

>>21159418
When you know the liquidation price of a large short position you can pump the price to there and sell into the liquidation at a pumped up price. The short holder has to buy the asset he shorted to pay back the loan he took in order to short.

>> No.21160978

>>21160061
Newfag

>> No.21161011

>>21160233
w.e newfag stay out of discussions you know nothing about

go buy xvg they have a pornhub partnership and lambos with logos

>> No.21161044 [DELETED] 

>>21160846
FUCK YOU KIKE

>> No.21161102

>>21160061
Lurk more and you will see

>> No.21161112

>>21159063
You just don’t get it. Also Link explodes well after announcements (except google). Maybe you fell for the fud about the korean banks. That shit is simply no joke. Same w T-Mobile. Don’t be a retard ok

>> No.21161136

>>21159548
Hahahaa some dude posted the same thing about eth at $20. Hahahahaha.

>> No.21161153

>>21159812
his AI proposal just snake oil wrapped up in a new package. everyone knows there are plenty of useless office workers. they're really easy to spot if you spend any amount of time watching them.
you don't need an AI to tell you to fire them, you could have already done that before.
what he's talking about isn't even creative. its just firing dead weight, which is illegal in many cases.

its amazing how stupid rich people are.

>> No.21161179

>>21159236

Are you the guy who said time has run out, you have two days max, etc...

>> No.21161208

>>21160846
Nazi are cool you retard... Go back to watching TV or some other normie shit.

>> No.21161335

74 linkies, am I gonna make it?

>> No.21161363

>>21161208
Reported to the ADL.

>> No.21161752

>>21159812
thanks anon, godspeed

>> No.21161787
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21161787

>>21160266

>> No.21161828

>>21159572
you talk like a fag, and your shits all retarded

>> No.21161880

>>21159100
>NEVER FUCKING SELLING THOUGH
Fucking based and checked

>> No.21162870
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21162870

>>21160419

>>21160266
>>21160419

Imagine being a delusional Redditor that bought STINK above $4....

>> No.21162961
File: 730 KB, 1816x1818, 81KLINK.jpg [View same] [iqdb] [saucenao] [google]
21162961

>>21160061

>> No.21163092
File: 1.62 MB, 410x268, 1589654303010.gif [View same] [iqdb] [saucenao] [google]
21163092

Can it go to $5?

>> No.21163390

>>21159100
Chekd Basd

>> No.21163412

>>21160846
>they arent nazis
That's the problem

>> No.21163491

>>21159063
I don't think you faggots understand. It's meme magic. We just win.

>> No.21163534

>>21160115
I bought at $3 because of memes. Wish I had more, almost a 1k stack.

>> No.21163629

>>21160228
Funny, looks to me like btc is the one down 40-60% while link pumps.

>> No.21163746

>>21160563
same thing is happening to xsn right now. big money coming in

>> No.21163789
File: 246 KB, 849x1596, 1594825649063.png [View same] [iqdb] [saucenao] [google]
21163789

>>21161363
the who? (Pic related)

>> No.21163895

>>21161136

can someone explain to me what happen to eth?

I guess its whats happening to linkchain

>> No.21163920

Chink Scammers

>> No.21164051

>>21159063
There were thousands of dickheads that borrowed $20k from pops to buy LINK, They pumped it.

>> No.21164071

>>21163491
This. I don't know how or why, but God tends to favor us. The universe just works with us.

>> No.21164123

>>21162870
Chosen undead...

>> No.21164153

>>21164051
kek

>> No.21164155

>>21159620
Paradigm Shift 2077 TedX talk

>> No.21164292

>>21163789
it disturbs me greatly that leo frank looks exactly like my brother, and we have no jewish blood

>> No.21164471

>>21159572
>Think of the paper-pushers bro! The office dronerinos!

Fuck 'em. They can learn a trade.

>> No.21164680

This chain is the link with the data told my coworkers bout dis over family gonna pump like an em effer on steroids let's get it imma be rich af

>> No.21164854

>>21159506
You did notice that Coca Cola announced they are using Chainlink right? Is that not big enough?

>> No.21164930

>>21159236
weird post, but I like it.

>> No.21165422

>>21161153
Businesses are going to be run by smart contracts, there will be no paper pushers inputting data anymore or HR managers. Tons of jobs will disappear. As an employee you will have to sign a smart contract and obey and meet it’s requirements. All production and employees will have their data tracked and everything will self execute in accordance to the smart contract, if you fail to show up on time too often, meet dead lines, or minimum productivity requirements you’ll get notified 1st with a warning or two then be fired. It’s entirely customizable to what the business decides. Nobody has to tell you you are fired, you just get fired and replaced like a dog in a machine. They will also make you wage slave as hard as you can by giving you finical incentive to do so, for example if you can meet certain goals outlined in said smart contract then it’ll execute and give those rewards when the conditions are met (e.g worked past 3 months, productivity goals, overtime, ect). You clock in and clock out, you are paid by the second in real time and even your taxes and everything is also, no accountants needed. The computation systems will do everything. This is just the tip of the ice berg. I fear that when things get too automated the Jew will decide to kill us all as we are no longer needed. The old bastard at the start of the video says, “what is the purpose of the human once all these machines start taking over”. Scary stuff

>> No.21165691

>>21160115
Ur gonna feel so fucking stupid when its $82.000 shut ip and buy

>> No.21165712
File: 1.05 MB, 2048x1493, 1591464756732.jpg [View same] [iqdb] [saucenao] [google]
21165712

>>21159063

HELLO???!?!?! DO YOU HAVE A BRAIN?!?!? CHAINLINK IS A FUNDAMENTAL LAYER OF THE WHOLE CRYPTO SPACE. HELLO!?!?! ARE YOU RETARDED?!?!? ITS POWERING THE WHOLE DEFI SPACE AND THE PRODUCT ISNT EVEN FINISHED YET RETARD. HELLO?!?!?

>> No.21165774

A json parser valued at $13B :D

>> No.21165843

>>21159147
Kek. New favorite fud

>> No.21167050

>>21159348
Can confirm

>> No.21167433

>>21160410
A suicide stack is 120 000 usd now

>> No.21167461
File: 396 KB, 1440x2330, HatesHisPenis.jpg [View same] [iqdb] [saucenao] [google]
21167461

Aliens stole my body!

>> No.21167466

>>21159147
>Russian whale games to be precise
How do they communicate each other anon?

>> No.21167569

>>21160930
>The short holder has to buy the asset he shorted to pay back the loan he took in order to short
Does the short holder shorts with BTC that AVEE has lent to him?
Then what happens next? Once the liquidation price is reached (and he get liquidated) he should have no more money y pay back the loan (he has been liquidated).. where does he take the money to buy back the coin he shorted?

>> No.21167579

>>21159063
FOMO.

>> No.21167734

>>21159063
>no news at all

BSN China, Oracle integrating this quarter, InterWorkAlliance (i.e. Nasdaq, Microsoft, AMD, ...), Baseline Protocol (i.e. EY, Microsoft, ...), T-Mobile running a node, the Colorado state lottery, ...
All from the past few weeks/months.

I'm leaving out a ton of stuff here.
You're retarded.

>> No.21167799
File: 62 KB, 1280x720, 1567107745558.jpg [View same] [iqdb] [saucenao] [google]
21167799

It's been doing this shit for years. I really don't know why.
Hell, I would argue ONE, RLC etc etc have made more progress tech wise than this shit. But now LINK is the posterchild of DeFi and ONE and RLC are shitcoins.

Amazing how memes made LINK #1

I mean, I've been following LINK for years, can anybody actually give me news why LINK is going up so fast?

>> No.21167854

>>21167734
Sergay has been saying this shit yet nothing happens
Look, I'm a pro LINK man but the price explosion doesn't make sense

>> No.21167864

>>21159100
Yo

My night thanks for keeping those digit 100


No cap

checked
We are all in this together. 15 eow

>> No.21167900

>>21159063
the ABSOLUTE state of nolinkers just not fathoming why link is the future. do your own research fags, you had three years

>> No.21167911

>>21167854
>Sergay has been saying this shit
lmao, all those names announced FIRST you schizo sandwich.

>> No.21167927

>>21167854
God you fucking GLOW holy shit. "I'm a pro LINK man" christ almighty LURK MORE YOU ARE BAD AT WHATEVER THIS IS TRYING TO BE

>> No.21167931

>>21167799
see >>21167734
you absolute dumbass

>> No.21167959 [DELETED] 

>>21167799
You are dinner dumber than seven boxes of niggers.

>> No.21167975

>>21167911
Who cares who announces first
Same shit
Sergay's literally sitting on his laurels making mad dosh for some god knows what reason

>>21167927
I have LINK you fucking faggot. I've been following this shit since the ICO, and bought (and sold) link in that shitty time period using my link gains and I've made good investments (Raiblocks, NEO, etc) and sAAAAAAAAHHHH ones (ICON, fuck that shit)

>> No.21168013

>>21167975
And you still can't figure it out?? What the fuck is your mental block, holy shit. Chainlink just in the past two months partnered with:

>Korean banks
>Coca-Cola thru Provide
>China (the country)

>> No.21168015

>>21167975
>Who cares who announces first
You do.
You said Sergey was the one who announced.

>> No.21168020

The last accumulation channel was between $0.45-0.55 for one year before it pumped to $4.97. We then had another year long accumulation channel under $5. Once it broke, we went into price discovery with many expecting $10.

Chainlink is now demonstrating that it not only performs the best during a bear market, but is also a fucking beast in a bull market.

There are still a lot of things to look forward to. SmartCon will be a nothingburger in my opinion but will bring Chainlink further into awareness of people involved in this asset class. Oracle should be significant news for the price, it’s extremely important as an integration and validates Chainlink for all the boomers.

>> No.21168023

>>21160172
2/3 is held by Sergey you mean.

>> No.21168048

>>21160583
oh shit Fernando is back? Will he update us on Gravel Coin?

>> No.21168100

>>21168015
You're arguing semantics for some reason, since it is irrelevant who makes an announcement first since an announcement is obviously consented and known by both, in fact the smart marketing strategy is to let the other party announce first, so, what's your point

>>21168013
It's been doing that partner shit for years what makes now so special? Has it actually done things they keep saying? I mean, it's been 3 years

>> No.21168113

>>21168100
>You're arguing semantics
No, you said Sergey announced those relationships, but he didn't.

>> No.21168135

>>21159437
This. It was at the top of the band we either pumped or retraced

>> No.21168150

>>21168100
The partnerships themselves are special. Household names are involved in this shit now, which means all the investors who pooh-poohed blockchain cuz they were stuck in 2011 are forced to update their worldview.

>> No.21168163

>>21159236
>Mfw I remember that post that got trips (777 i believe) and it was a 4d chess sergey looking right into the camera. Then this massive pump happened. Interesting.

>> No.21168184

>>21168113
Because Sergay did say it, obviously just not explicitly. A partnership is two people, an announcement of one is an announcement of all. Did you even read my post?

>> No.21168241

Fuck you linkies. I bought some today anyway, only started browsing biz about 2 months ago.

I got shilled XRP on pol and don't regret it. Thank you anons, God bless and hope you all make it

>> No.21168270

>>21168184
Buddy, all these names: >>21167734
announced first.

If you want clarification, ask them.

>> No.21168292

>>21168241
Chainlink x Ripple is the power couple of the golden bull run.

>> No.21168317

>>21168292
Learned from the Jew, just own both instead of 'this one or that one'

>> No.21168341

>>21168241
>I got shilled XRP on pol
Oh geez lmao. Somebody's gotta do something about these goddamn cripplekikes.

>> No.21168392

>>21168317
Ripple bagholders are impossibly salty about it (seriously, I have no idea why they're so mad about LINK,) but LINK enables XRP's entire business model. It is an excellent business model otherwise however, so the partnership will cause banks to fomo into ripplenet, and XRP will use Chainlinked oracles to deliver the goods without fear of data collusion & tampering. Banks cannot afford another libor scandal.

>> No.21168398

>>21160061
>he dont know

>> No.21168432

>>21159572
So you're telling me Zues Cap are actually the good guys?

>> No.21168776

>>21159063
Whale Wars or Money Laundering Operation, it's still okay to buy, just after the dump that's about to happen. Don't buy the top.

>> No.21168936

>>21159063
It's a russian pump And dump scam.

Watch it eventually go back to $1 where it belongs.

>> No.21169207

>>21168392
but codius already does what chainlink does but it does it without a token