/biz/ - Business & Finance

>>21185022
yes

>>21185022
We need normies to pump it up. But I‘m also afraid that they will crash it to oblivion once we start dipping and buy the next top

>>21185022
The price has been incredibly suppressed, we should be much higher than we are and that’s exactly why we are ascending like this. There will be a crash no doubt but it’s won’t be ending badly u less sergay doesn’t step up to the plate at the conference

No. Never sell.
More people = hodlers = more money

>people are talking about number 6 ranked crypto which has been pumping 30% every day for the past three days

no shit nigger, it'd be weird if nobody talked about it.

>>21185078
Unlikely, we kkkw how undervalued link really is. They’ll catch on quick

>>21185107
But more idiots that not know what ,never sell‘ means and will drop their bags asap

>>21185022
>>21185078
thats the thing. we literally need no normies. they can't affect the price. just look at the volume. that not retail-fomo volume. it has literally more volume than bitcoin in binance and coinbase

>>21185078
>afraid that they will crash it to oblivion
they cant even if they try. the average nulinker stack is probably less than 1000
only ones that can crash the market by 20-30% are the oldfag marines. and i dont think they'll be selling any before staking announcement

>>21185022
not before all those twitch thots and their fans pump us to 20 dollars

>>21185022
Thought you fuckers would enjoy this

>>21185022
Which streamer?
I was shilling LINK 2 years ago in various Twitch chats.

>>21185260
What if staking is priced in or overbought? We don’t know the monthly return or even the amount of link you need to have to stake it

>>21185022

we're severely undervalued, even at $14. ripple and bitcoin cash are still above link. we will retrace at some point but it might be more like retracing from $50 to $30.

>>21185363
Don’t know the name of her

>>21185385
Yep exactly this. We’ve been price suppressed we all know it and this is what happens when you unleash the top off

>>21185412
>Guy in chat hates pokimane
>Goes onto a streamer donation site to donate to a girl JUST LIKE pokimane
I don't get the logic of these people

>>21185022
No. Normies don't long with 5X leverage. They actually support the rising price instead of placing a "hurr durr gotta pay my toll to keep rising". /biz/ types force crabbing to shake margin out before prices can move. Normies flooding in does not. Question is how far we can take this before fiat liquidity issues kick in when some folks decide to take profits and set themselves up for life.

>>21185367
staking returns isnt the cause of the pump. staking simply incentives holders to NOT sell their tokens and instead but it into staking, thus reducing the supply.
the reason for this pump is no one is selling and theres alot of demand. just to show u how early we are look at this chart

>>21185022
They're all buying like 50-100 LINK. They're going to expect to at LEAST double their money, which means you get another 100x or whatever the fuck you have already before they sell their absolutely mediocre stacks which will barely budge the price. Just chill.

>>21185576
we just hit double digits and no one seems to notice yet. once staking is available to supply is going go down alot and thats when normies will be rushing to buy their double digit linklet stack

>>21185576
Yeah you might be right fren. But I hope staking is not a nothingburger with bad returns so everyone will dump their bags on the market

>>21185655
Yes that will be bad news that is an X factor at least for singularity purposes. We need to have more discussions about this

>>21185750
I mean what do people expect? 5% return? Come on... that will never be the case. I think you will be also need ATLEAST 10k link for staking if we‘re lucky. Maybe it’s 100k

Is this already retail investor fomo or are we going to see the hardest crash in crypto when normies start to sell

>>21185750
Do we have an examples where staking was a total disappointment?

>>21185863
>normies start to sell
sell what? their 20 link, 100 link stacks?
they are priced out, they have no control over the market. the only ones that can affect the market is 50k, 100k oldfags and they're not selling

>>21185161
Who gives a fuck.
Keep buying.

>>21185967
I don't know about the distribution of link among normies and retail investors. But yes, > 80% of coins are held by Top 100 wallets.

>>21185022
Eth is what really pulled us up

>>21185022
Not until you hear it on CNBC or there's a CME futures do we dump. Then the greedy wall street fucks will start manipulating it. .. then our precious LINK will be a shell of its former self.

Enjoy these times frens, as our incubation time together is fleeting.

>>21185179
This, retail normie pennies mean fuck all. Better to have this as institutional as possible

Once 24 hour volume reaches close to market cap, gg.

>>21186447
What happens?

>>21185179
I've been saying this too. Chainlink is a utility coin, it's not for normies to use. It's for industrial use.

Kek, I remember when LINK had like $500k volume in 2018 July or something.