/biz/ - Business & Finance

>>21556633
whale took shit

>>21556633
It appears a link marine colonel got weak hands

>>21556633
Sergey, the CEO of based

>>21556667
Pressed the wrong button sorry guys

It's going to be fine OP. Keep your panties on little bitch.

literally just one faggot selling

>>21556633
sell orders > buy orders

>>21556633
basically it had to happen
it was going up in a literal straight line.

A bunch of newfags on /biz/, twitter, and reddit all panic selling because they bought at $20. Looking forward to the pump up to $25 after they all dump their bags at $15.

>how does a pump and dump useless ERC token dump after a massive pump?
gee, not sure

>>21556735
yep

>>21556718
Market drops 15% in 3 minutes when one person sells...now THATS podracing

>>21556633
450k link sold at once

should i pump some more money into link or will it drop further?

>>21556845
Sergey need to pay his prostitutes with your money.

>>21556633
not good. we are looking for support at $15

10k to make it was a meme we are going to hold through whale sells is all we have is store

Don't be mad no linkers, UPS is hiring

>>21557016
It’s going down more right? Sold at 17 already wanting to fomo back

>>21556633
This is your only warning faggots,a candle that deep signifies a top.

Jason parser 2 lines of code what did you think

Price will be resettled by morning and the next chad fad happens. I cant wait

a new millionaire cashed out

>>21557052
Yes

holding since 25 cents lol. Not selling.

>>21557052
No, this was just a blip due to fucked liquidity as most exchanges are becoming insolvent in LINK. $20 tomorrow.

>>21556633
BEEEEEPPP
>engage plunge protection team
BEEEEEPPP
>engage plunge protection team
BEEEEEPPP
>engage plunge protection team

>>21557016
>we are looking for support
We're already going back up to $19 lol

CAN SOMEONE TELL ME WHAT THE FUCK IS LINK???

WHAT DOES IT ACTUALLY DO??

Hardmode: No buzzwords (decentralized, oracles, smart contracts, etc.)

probably an autistic 4chan kid that actually made it and cashed out

>>21557264
It's a decentralized smart contracts oracle solution

Get fdumped on keeds

>>21557264
it allows data providers to be paid for providing information that will be used to trigger deals

>>21557264
>decentralized oracles for smart contracts

>>21557264
It connects the real world data to the blockchain to make digital agreements that can’t be tampered with.
The coin is used to facilitate the transfer safely and ensure the information is correct.

Someone would have sold a decent stack into a thin book. Triggers a few other people to sell. Gets bought back up quickly and spooks the market a little.
No reason for people to be fleeing the market right now.

Just hodl. It'll get bought up pretty quick.

>>21557264
It can't be explained without the term "contract."
Most business deals are some form of contract. Most contracts require some form of deliverable or pricing to be met.

You can submit requests to the chainlink network here: https://chainlink.typeform.com/to/gEwrPO Sergey claims that the chainlink network can pull various types of external data. For instance, if you're trading options, some might say "I agree to buy 100 shares of apple from you for $400 on November 1st." When these contracts mature, they need to be "executed," chainlink is, supposedly, a) a proprietary network, and b) executes those contracts to the letter and automatically (which makes them "smart").
All ethereum based networks can have preprogrammed logic. Not all can securely pull from external APIs.

>>21557264
>>21557677
Oh, and link is the proprietary token required to operate on that network. It costs 1/10 of a LINK token to submit a contract. Supposedly.

>>21556633
I'll say maybe a trailing stop cleared?

>>21556826
This is going to happen for a little while longer. There are anons that were wise enough to buy A LOT early and do not poses the diamond hands needed to ride to the top

>>21557264
One word: derivatives market.

Now you know.

Whoopsie Daisy. Looks like nobody is ever fucking selling. Imagine that.

>>21557319
Yeah, but what does that mean!?

>>21556633
someone market sold a few hundred thousand LINK, do you know what an order book or a market order is?

>>21557264
It solves the lambo problem

>>21556633
The same way insane pumps happen. Most people buying/ selling crypto (including /biz/) have no clue what the fair value of a crypto such as chain link is. In other words, trading is 80%+ behavioral economics/ psychology. The price has very little/ nothing to do with the fundamental value. At least not in the short term.

>>21558238
provides necessary data to automated tamper-proof digital agreements in a highly reliable way guaranteed by cryptoeconomic incentives, mathematical proofs, and the bootstrapping of traditional forms of trust

>>21557865
so it's going to be working under xrp?

>>21556633
That was me, I sold off my 100 linkies. Sorry anons

>>21557264
Introduces external data into the blockchain in a decentralized, trustless way.

>>21556633
Chainlink is 13, Today is 17. Do the math.

>>21557805
One anon out of 50 with a brain.
Enjoy your day Sir, many gains

>>21558567
forgiven now buy them again so we can pump

>>21558662
30 end of week

>>21557386

LOL
MAD FAGGOTS ITT

GET FUCKING DUMPED ON
AND KEEP GETTING DUMPED ON

A MILLIONARE WAS MADE AND YOU'RE JUST FUCKING MAD VIRGIN FAGGOTS HAHAHAHA

Someone pulled out 8.5 mil at once.
Was it sir gay pulling out to upgrade the project, or an OG linky with a suicide stack?

>>21558935
>>21558793
it was probably that anon that screenshot his 9mm position 1-2 days ago

>>21559207
i wouldn't be surprised