[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 81 KB, 1486x820, linkbtc.png [View same] [iqdb] [saucenao] [google]
24550150 No.24550150 [Reply] [Original]

First-off, I would like to state than I am a Link enthusiast, I like the product in itself and also believe that there is a real use case for it as smart contract will power the world in a few years. But as an oldfag, it is my duty to educate and inform the newfags. Also, this thread will hopefully spark an interesting and thoughtful discussion on the future of the link/btc pairing (discussions we used to have often on this board before the over the top cultism).

Back to pic related, it is the link/btc chart. The purple line is the 200 days moving average, the green one is the 50 days ma. As you can see, the 200 has been providing support for years now, helping link weather the storm (Google dump, corona crash, etc..), it has allowed link to keep its current form and be the outstanding performer we know it is now. Well this was the case until now: as you can see, since a few days ago this multi-year support has been breached, leaving link literaly falling into the frictionless chart void. Please also notice that the faster 50 days moving average had never crossed the 200 down during this same period, an expert eye will have noticed that everytime the cross was looming, link reacted and pumped to negate the cross. Well once again, this is no longer the case; since a few days ago the death cross has occured and has been validated by recent price action.

So, what's next for link/btc? In my opinion, it is going for a full retrace, and might find support around 30k sats. Any thoughts welcomed.

>> No.24550191

>>24550150
Question for linkfags who hold for 3 years: Why don't you go to trending coins and get 100% roi in 1 day instead of waiting 2 years at a time?

>> No.24550257
File: 43 KB, 424x234, 77A01648-CFA2-4F0C-8B3C-7D273658B05C.jpg [View same] [iqdb] [saucenao] [google]
24550257

>>24550150
y/n?

>> No.24550286

nice death cross see you @1sat

>> No.24550293

>>24550257
What's your point, it crossed a litlle and pumped back up. Also no death cross there

>> No.24550315

>>24550191
>why don’t you just gamble away your ticket to the citadel?

>> No.24550334
File: 197 KB, 1486x820, 24363047-5932-4B7C-8D0C-07B9716D6A98.jpg [View same] [iqdb] [saucenao] [google]
24550334

>>24550150
>>24550257
Y / N ?

>> No.24550340

Btc is finally going to run. Link will bleed in sats but remain relatively stable in USD. Or btc dumps, alts bleed sats and absolutely shit the bed in usd including link. Idk bro, I've been pretty worried about the linkbtc chart but we haven't broken dynamic support quite yet, as of right now, that support is at 65k sats. If it breaks that I'll be worried but as for now it's fine.

>> No.24550341

Oh no, I just bought 1000$ worth of link today. Should I sell before it's too late?

Or should I wait till BTC starts growing again and dragging other coins and then sell?

>> No.24550348

>>24550191
>Why don't you just double your money in 1 day

>> No.24550361

>>24550191
I just have to wait for the moon now anon it's really comfy. You wouldn't understand because you're playing with lunch money and need high risk high return.

>> No.24550392

>>24550334
not comparable. no death cross, no rejected try to cross back up

>> No.24550423

>>24550340
Also, the run to 20 took it out of the ascending wedge so the dump from there was expected to be pretty harsh. I expected it to retest the rope of that wedge as support but it broke through, still bullish as the bottom of the wedge is the multi year support.

>> No.24550449

>>24550340
yeah, thinking the same. But really anticipate the memeline to break this time to get a real shake out. I just hope it'll have the legs to get back up at some point.

>> No.24550456

>>24550150
Makes sense, but the bottom is unironically 1k sats, where it will hover at for the next 15 years while Sergey shits on it every week

>> No.24550486

>>24550449
FA is still strong af. There aren't any oracles that are near chainlink so it has legs imo

>> No.24550505

>>24550150
>TA above FA
Ngmi

>> No.24550552

>>24550150
Looks oversold to me
Link isn't going anywhere, and once we get into the next alt season it will easily break its ATH

>> No.24550573

>>24550486
>>24550505

agreed that link has the best fundamental value across the board with eth and btc. But that does not mean its value relative to both assets should ever be higher than it was at the top of this summer pump

>> No.24550602
File: 3.13 MB, 3000x3000, 98980BC2-CC58-4329-B2AF-6057DC7676DA.png [View same] [iqdb] [saucenao] [google]
24550602

if there’s a RAM in it there’s likely a LINK in it
follow the money
ifykyk
ramifi 1bn market cap EOY 2021

>> No.24550605
File: 318 KB, 1792x828, 82915D74-B056-4CFC-9060-8F2E1088B2DB.png [View same] [iqdb] [saucenao] [google]
24550605

/thread

>> No.24550634

>>24550191

>why don’t you just guess the correct number on roulette?

>> No.24550647

>>24550605
please refer to >>24550449

>> No.24550666

>>24550552
D
E
L
U
D
E
D

>> No.24550667

>>24550150
Explain July 2018. You conveniently left out the history before 2019

>> No.24550703

>>24550573
>Summer was the top
Anon i.....it's only just begun man. Staking a not even out, and link has only captured ,0001 of its potential markets. Summer was not the top. IDC if btc hits 10mil chainlink will outperform btc unless a black swan happens like Sergey or Ari literally dieing

>> No.24550780

>>24550667
That is correct, the death corss happened in July 2018. I did not include it as I was refering to what I believe is the end of this link cycle, that started after the 2018 golden cross.

>> No.24550810

>>24550703
okay, I really hope so. Sometimes I look at the eth/btc chart and I literally shiver

>> No.24550832

>>24550150
So you’re basing your entire valuation of a coin based on a single purple line? Lol never change /biz/

>> No.24550908

>>24550810
Linketh chart is pretty meaningless. So is linkusd. Linkbtc is pretty much the only link chart that matters for long term link TA. You know this in your heart.

>> No.24550954

>>24550832
yes

>> No.24550965

>>24550150
I will buy back in again when this hits $3. Another bitcoin pump above 20k is going to rip alts in half, again.

>> No.24550972
File: 334 KB, 1600x1183, 20201127_215333.jpg [View same] [iqdb] [saucenao] [google]
24550972

>>24550666
checked Satan

>> No.24551164
File: 281 KB, 1806x992, ethbtc.png [View same] [iqdb] [saucenao] [google]
24551164

>>24550150
You have a good point OP ETH did an absolute swan dive in 2018 after the cross. There was a fairly similar crossover for in 2016 as well though and look at how it did after recovering. I think it's way too premature to be calling tops for LINK when it's still so early in its development.

>> No.24551276

>>24551164
thanks. So you think this is more a 2016 deathcross than a 2018 one?

>> No.24551300

Is there other historical precedent for crashing after a cross? As in, can I scroll through any coin and see it happen consistently?

>> No.24551438

>>24551300
look for yourself. But just make sure to look at the daily. Also, some traders prefer using variations (55 instead of 50, ema instead of sma...) but you get the idea, have a look. As everything in TA it does not always work, it's more something to gauge what the big fishes are doing, for instance here it appears clearly they were protecting the 200 and the cross during this cycle. Recent price action shows they were not interested in picking it up. This is valuable info because, let's be honest, they are the ones moving the price.

>> No.24551528

>>24551276
Yes, that crossover happened a year after ETH launched in 2015 so it's very analogous to what happened with LINK this year. Like everyone has been saying LINK hasn't even begun to reach its full potential and this summer's pump was imo just early money realizing this.

>> No.24551562

>>24550605

I'm happy to see that since the last time I was very active on here many months ago, many anons have begun using the log scale for LINKBTC which correctly shows a linear trendline support. This is in opposition with the way everyone in the past had been using natural scale and creatively drawing/re-drawing the "parabola," which led to a lot of stupid debate and confusion, like fudders drawing the parabola as a support going up to $20 and saying it had long been broken. The log scale neatly shows the actual trend

>> No.24551662
File: 1.48 MB, 2340x1244, Super stinky Linky.png [View same] [iqdb] [saucenao] [google]
24551662

Still comfy

>> No.24551733

>>24551562
tell me about this trend, what's sustaining it?

>> No.24551761

>>24550191
Shut the fuck up poor Fag

>> No.24551786

>>24550150
When you say full retrace, are you saying that we are gunna bouce off 5$? God, I hope you are right
I'm thinking 7 is the lowest we can go tho

>> No.24551817

>>24551662
think for yourself brainlet

>> No.24551833

>>24550191
lol post portfolio then if its that easy faggot

>> No.24551841

>>24551733

Bots

>> No.24551852

>>24551786
No I was talking about sats

>> No.24551953
File: 110 KB, 657x539, 1510634920577.png [View same] [iqdb] [saucenao] [google]
24551953

>>24550908

>> No.24551975

>>24550605
it will break your line in a few hours

at which point you'll just redraw it like a moron

>> No.24552170

All the anons are ignoring this right now line it’s not concerning. Link might very well be at 30k sats soon. Link is very overvalued right now for what it provides.

>> No.24552308
File: 868 KB, 200x180, 1606909876194.gif [View same] [iqdb] [saucenao] [google]
24552308

Sounds like a few of you are trying to get a lower entry on the opening of Link/BTC on cb next week. Bottom of the barrel despicable.

>> No.24552319

>>24551852
I know. So bitcoin is gunna take off without us, or link is gunna drop?

>> No.24552388

Nice to see blood in the streets. A little more and the fear will kick in hard. After the weak hand gift their cheap links to the strong then link will rally.
Seen it way too many times before

>> No.24552457

>>24552388
Checked.

Also second this

>> No.24552495

>>24552388
Well that is precisely why I think the meline will not hold this time around. But the thing is they can decide to crab or dump for a while after that to really tire everyone out. Be prepared for quite a gloomy couple of months

>> No.24552513
File: 22 KB, 740x414, 31EE5229-82F3-4856-86BC-71FE6F65E8F4.jpg [View same] [iqdb] [saucenao] [google]
24552513

>>24550150
Oh my work, when I read the word enthusiast I just new this was a ducking shill. Shill is something good like XDB, like for real man, digital bits is like 110 times better than ur shitty shill

>> No.24552533

>>24551662
just redraw the line dude

>> No.24552534

>>24550150
>Oh my word, when I read the word enthusiast I just new this was a fucking shill. Shill us something good like XDB, like for real man, digital bits is like 110 times better than ur shitty shill

>> No.24552544

I just hope we dont breach $7 or im liquidated

>> No.24552553

>>24552495
>>24552457
Big news before eoy could change this.
Bitmex futures expires soon too

>> No.24552554
File: 24 KB, 1044x308, cbecde74a1cd47c169289b942dc77fa1.png [View same] [iqdb] [saucenao] [google]
24552554

BOMBS AWAY!!!

>> No.24552562

It's literally dumping rn

>> No.24552574

>>24550150
XDB is greater >>>>>> than fucking link.
Like bitch no. We want projects that are gonna make us real money. Come on bro, do better

>> No.24552614

>>24550150
Fuck man, this ain’t an English test, what’s with the essay?
Nobody gonna read this shit

>> No.24552628
File: 519 KB, 500x281, giphy.gif [View same] [iqdb] [saucenao] [google]
24552628

>>24552554
TIME TO REDRAW THE LINES BRO!!!

>> No.24552634

>>24552562
>>24552554

yeah, probably 65k tonight if no big surprise

>> No.24552650

>>24552544
When you feel it in your pantaloons
And you do a little dance
Diarrhea
DIARRHEA

>> No.24552677

>>24552634
real floor is 4,5$

>> No.24552684

>>24550150
API3 is the superior product. If you’re holding link you better hedge. Grayscale is heavily invested in API3. DYOR.

>> No.24552691

>>24552495
Maybe so, but all that means is another accumulation phase.
Another 2 or 3k link won't hurt.

>> No.24552705

>>24552553
Well, 9/10 gaps gets filled, so that low cme one can be the one missed.

What news?

>> No.24552731

>>24550150
>it is going for a full retrace, and might find support around 30k sats
implies that link will drop 70% against bitcoin after dropping 70% against bitcoin. like all sub 10b cap alts link is just waiting for bitcoin to set a new high (nearly there) and consolidate somewhere not too far above it. bottom between 50-60k sats imo

>> No.24552755
File: 1.14 MB, 960x1200, 1517600917659.gif [View same] [iqdb] [saucenao] [google]
24552755

>>24550150
Bullish as fuck thread. These kinds of threads start to pop up when we are close to the bottom, seen this many times.

>> No.24552780

>>24552705
t-sigs in all likelihood maybe arbitrum
gas cost reduction would be bullish.

>> No.24552844

"oldfag"
buys into ta bs instead of focusing on fundamentals
but meh more creative fud that usual, some effort at least

>> No.24552890

>>24552844
MUH FUNDAMENTALS

>> No.24552920

>holds shitcoin where the devs literally sell ONE MILLION every single week
>bleeding to $0
>BUT THE FUNDAMENTALS THIS CAN'T BE HAPPENING

>> No.24552940

>>24552755
yeah those threads popped when LINK went from 4,5$ to 1,5$, then from 20$ to 7$, now topped at 16$ heading to 4-5$, and if those levels break ( maybe big rugpull on BTC), we are looking at 1,5$ per LINK.

100% possible, and whoever thinks this is some magic coin is deluded. looking at LINK/BTC and LINK/ETH, Chainlink is on it's way out of top 10.

not to mention MASSIVE dumping by sergey, no news, no staking, no neet nodes, zero world usage.

NO SWIFT, NO ORACLE, NO EU ISO, NO DHL ETC, NO INSURANCE CONTRACTS, ETC.

only value of this token is speculation.

good fuckin luck holding another -50-70% move.

>> No.24552960

>>24552940
BUT THE FUNDAMENTALS

>> No.24553002
File: 2.63 MB, 280x250, 1520694911294.gif [View same] [iqdb] [saucenao] [google]
24553002

>>24552940
Damn thats powerful fud, Sir.

>> No.24553034

>>24552920
>>24552890
>>24552960
You should be sleeping Ranjeesh. Morning bath in Ganga in just few hours.

>> No.24553045
File: 56 KB, 427x319, 1539974921445.jpg [View same] [iqdb] [saucenao] [google]
24553045

>>24552920
thank you for following the project so closely simply to look after our financial wellbeing anon. just sold 100k

>> No.24553051
File: 279 KB, 945x745, 1594223700259.jpg [View same] [iqdb] [saucenao] [google]
24553051

Oldfag here too.

My answer will be : "Who cares about those meme lines?"

$15, $5, $10, $7... Same shit...

Link will go to $1,000 so why dont we all relax and hold our coins?

I also remember when it was 20 cents going to 50 and back to 25 cents.. It doesn't matter now, we are at DOLLARS now, not cents.. Same thing will happen when it reaches to $1,000.

You could either buy back at lower prices or miss the train... Dont risk it.. Just accumulate.

>> No.24553122
File: 1.75 MB, 500x281, c972a8e9504914c43ae899d92881e5b6.gif [View same] [iqdb] [saucenao] [google]
24553122

>>24550150
>tldr: OOOOOOOOOOHHHHHHH LIIIIINKIIIIIIIIEEEES you didn't think you would get away with your sins without karma paying you a visit did you stupid stinkies

>> No.24553138

>>24550150
>We need to talk about Link
What, 3 years wasn’t enough? Now that your faggot coin is dumping for good cant you just shut the fuck up about it?

>> No.24553163
File: 214 KB, 1893x723, ouch.png [View same] [iqdb] [saucenao] [google]
24553163

>>24553002
its not FUD its just truth, pop a beer for sergey, he dumped 1 000 000 tokens today to pay for insolvent network.
>https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db

theres literally zero incentive to hold LINK since nothing has been delivered or even announced for normal holder.

cool as fuck when you dont hold this piece of shit, you can actually think clear and look what this board has become.

cultists.

>> No.24553187

>>24553045
how closely do I have to follow it to know the devs dump on you weekly? kek

>> No.24553197
File: 423 KB, 670x462, 1604322071453.jpg [View same] [iqdb] [saucenao] [google]
24553197

No more lambos just bugmobiles from here on

>> No.24553215

>>24553163
>>24553122
>>24552940
>same old fudders still here
big if true

>> No.24553244

don't tire out your fingers dears, nothing you type out will make me sell. dr;ns checkem

>> No.24553262

>>24553244
This, checked, and based. DR;NS

>> No.24553298

>>24552634

The reason is btc. Before btcs pump link was stable around $10.40 and the only reason it went up was because btc went up. The markets are not so flexible as they were in 2017, so the btc linkchart will delay link to correct to its actual price. Links value is $10-11 as long as btc is pumping. It will become way more ($30-40) when btc stabilizes at a certain level like 25k. Btc holders are not interested in holding link now, they want btc. Btc might go full bull soon. Plz understand what all that extra money in btc means. A lot of it will flow in alts when btc breaks ath and stabilizes.

>> No.24553307
File: 1.40 MB, 500x281, ifyouonlyknew.gif [View same] [iqdb] [saucenao] [google]
24553307

>>24553215
>Nico
>fudder

Disgusting newfag

>> No.24553326
File: 27 KB, 1870x155, thats what great men do.png [View same] [iqdb] [saucenao] [google]
24553326

>>24553215
>2,5MIL
>not selling
>few moments later
>1,5MIL

piece of shit posts like this were the discord tranny psyop so /biz/ won't unload at 16-20$ range.

you fuckers got played by "link marines".

thats my conclusion. paid fuckin shills, meanwhile whales unloaded masively and left this board with discounted heavy bags.

kiss goodbye 20$ , or even 16$.

LINK might be out of top 10 in weeks, and out of 10$ range forever.

thats a possibility but stay in denial while sergey unloaded 6 millions LINK just to get this scam running.

>> No.24553349

>>24553051
I'm just really tired. And I don't know, I wanted to talk, I've been looking at this chart alone. I'm not on twitter or discord or wherever the cool kids talk about link these days

>> No.24553371

>>24550150
Based

>> No.24553392

I just realized LINK is basically the next XRP, no matter how much you try to talk sense to them they don't care. Maybe after we reach the bottom around $2 and stay there for a few years you'll get a 2x pump like XRP did

People will be holding this shit for literal years talking about how it's going to recover any day now. Holy fuck it's sad to think about

>> No.24553407
File: 129 KB, 696x737, 1606927649589.jpg [View same] [iqdb] [saucenao] [google]
24553407

>>24553307
>nico posting
kys nufag

>> No.24553413

>>24553326
I'M NEVER FUCKING SELLING

>> No.24553419

>>24553392
thats called denial, meanwhile 68000 sats just broke

>> No.24553422

>>24553326

Dream on. When btc breaks ath (which it will) you will never see sub $10 link again

>> No.24553440
File: 42 KB, 379x488, 1606392930058.jpg [View same] [iqdb] [saucenao] [google]
24553440

>>24553326
nice blog post faggot

>> No.24553455

>>24553413
good, you never earning money then. hold forever, just like ICX,TRX,NEO etc. oh wait you probably newfag and this 100LINK stack was supposed to make you rich.

>> No.24553486

>>24553422
that might be 3 years from now as far as im concerned, but im not retarded, so get your helmet on kiddo before surfing the web

>> No.24553522

>>24553455

Link cant be compared to these shitcoins. Its actually revolutionary tech.

>> No.24553572
File: 38 KB, 400x529, bird.jpg [View same] [iqdb] [saucenao] [google]
24553572

>>24553522
>Its actually revolutionary tech.
oh ive heard this one before

>> No.24553573

>>24553522
Please be bait...

>> No.24553582
File: 941 KB, 1000x1008, 1605747914122.png [View same] [iqdb] [saucenao] [google]
24553582

>>24553522
>Its actually revolutionary tech.

you guys really can't be saved

>> No.24553632
File: 31 KB, 1858x156, retardo.png [View same] [iqdb] [saucenao] [google]
24553632

>>24553582
2017 all over again, and with confirmation, check this shit out. those are the same people

>> No.24553640

>>24553522
ID: B8

>> No.24553672

>>24550150
>81 KB
>We need to talk about Link Anonymous (ID: YsKS0QIT) 12/04/20(Fri)15:27:40 No.24550
PLZ GO DOWN TO 30K SATS OMG

>> No.24553699

>>24553572
>>24553573
>>24553582
>>24553640
>4 replies within a few minutes
Wow, can I join up with you guys where you came from? Preferably a discord link? I'm a tranny as well

>> No.24553720
File: 10 KB, 208x326, 1568053047438.jpg [View same] [iqdb] [saucenao] [google]
24553720

>>24550150
>Sergey dumps 5 mill every week
>Why is the price dumping
Anyone still holding this shitcoin is a retard

>> No.24553735

>>24552755
I agree. But the short term looks bearish af especially on a daily time frame

>> No.24553740

>>24553699
>t. Newfag $17 bagholder

>> No.24553746

>>24553486
https://digitalik.net/btc/

>> No.24553785

>>24553699
i dont have discord, im a man, and i despise discord trannies.

you got the game figured out all wrong. discord trannies are keeping sentiment up, while dumping their bags.

good luck holding to 5$. you earned it.

closing tab, fuck yall :)

>> No.24553823

>>24551528
Vitalik wasn't taking a weekly shit on ETH longs to keep the wound open.

>> No.24554003

>>24550340
Unless Sergey stops the outrageous and totally unnecessary levels of token dumping which he's been maintaining for the last few weeks, there is nowhere near enough buying pressure to stop link from tanking all the way back down to 3k sats imo unless we get some huge news like swift or staking

I'm a link OG with 39k link and even I did the unthinkable today and sold off 600 linkies. I previously had sworn I wouldn't sell any below 100 dollars but today's 1 million dev wallet dump was the final straw

>> No.24554075

>>24553407
>all your virtue signaling wont save you
>(((ari))) and (((sergei))) work for the people responsible for virtue signaling
>people involved with the project openly support BLM

kys faggot

>> No.24554083

>>24550191
bro why would you leak this strategy
i was gonna be a billionaire by next week from $100
wtf dude

>> No.24554144 [DELETED] 

>>24550605
I needed this hopium, but I'm afraid is just copium, please be right log scale bro

>> No.24554594

>>24554075
I support blm :^)

>> No.24554595

>>24550150
Link isn't recovering until March or so. Eth took 6 months from $20 to go past $20 again. Its side ways accumulation and dump for next few months. Then in March link can soar past $20 to $50. Just be patient. You wait 3 years at this point. Whats a few more months?

>> No.24554889

>>24553051
Based and OGoldfagpilled

>> No.24554907

>>24553138
Nope. Industry standard and rent free. You know

>> No.24554961

>>24554003
I love how no one acknowledges the dumps because there’s no way to do mental gymnastics into thinking they’re a good thing.

>> No.24555029

>>24554961
Seen enough of them before to know it isnt anything worth worrying about. If you know you know mate

>> No.24555253

>>24554961
>I love how no one acknowledges the dumps
>P-pls validate me linkies... Your s-shitcoin is finally dumping! Hehe! Pls respond
It seems like every noLinker on this board including you is absolutely seething at the fact that barely anybody bats an eye about a few red weeks for LINK.

>> No.24555277
File: 286 KB, 641x975, l.png [View same] [iqdb] [saucenao] [google]
24555277

it could go up or down

>> No.24555338

>>24555277
thank you linkchan, and checked.

>> No.24555368

>>24550191
When you get to 7 or 8 figures like 2017 and earlier biztards are now, you don't want quick money any more, a reliable 100% is much better than a risky 500%. It's all about limiting downside.

>> No.24555827
File: 105 KB, 1004x1024, 1b0.jpg [View same] [iqdb] [saucenao] [google]
24555827

The shilling has been wild lately. Imagine looking at the LINK/BTC monthly and not buying the dip.

>> No.24556075

>>24554961
There is no mental gymnastics, it is literally a good thing, just outright.

>> No.24556340

>>24550150
Too long! Didn't read! Never selling! Dilate!

>> No.24556556

>>24554961
it's a very good thing precisely because they hold so much of the supply and 1 billion is still a long, long way off
you need to think of perception, imagine if sergey had 60% of the supply at $100
the second thing is they're hiring so rapidly, have a look at the chainlink labs linkedin, it's so bullish
whole hr and comms teams being built out
all this costs _a lot_ of money

>> No.24556588
File: 3 KB, 135x144, 1606251491149.jpg [View same] [iqdb] [saucenao] [google]
24556588

Just bought $400 AUD more of LINK.

t. $0.30 Oldfag

>> No.24556677

>>24556588
What did your daughter say after you convinced her to buy the very top of a pump and dump, cryptobrownie?

p.s. q is a schizo nobody, chainlink isn't backing up secret copies of the us election, and sergey is dumping another million tokens in 3 hours.

>> No.24556749

>>24553244
Checked
>>24553262
Blue I'd dubs checked

>> No.24557034
File: 162 KB, 374x452, 1606785926929.jpg [View same] [iqdb] [saucenao] [google]
24557034

>>24550150
zoom in

>> No.24557074

>>24550780
your thread is shit is what i think you meant to say

>> No.24557130

>>24550150
Every coin I buy dumps, I am so sick of this shit.

>> No.24557138

>>24552170
hey someone who gets it look at that

>> No.24557158

Why are so many linkies also MAGApedes?

I bought some link about a year ago and am just hoping that it goes somewhere, don't see what that has to do with Glumpf.

>> No.24557163
File: 135 KB, 1823x547, pajeets.png [View same] [iqdb] [saucenao] [google]
24557163

>>24552684
>API3 is the superior product
its not even finished with its sale, that it fucked up. it literally doesnt have a product. please shit in the street pajeet.

>> No.24557174

>>24552890
Yes, my fundamentals indeed. This is why I am rich and you are poor.

>> No.24557180

>>24552940
>we are looking at 1,5$ per LINK
a worldwide virus pandemic lockdown brought it down to just 1.50 and this retard thinks itll happen again lmao

>> No.24557404

>>24552731
>high (nearly there)
Set a new ath already. Crossed 20k last week.

>> No.24557475

>>24552308
>opening of Link/BTC on cb next week
what? did they say they're doing this?

>> No.24557497

>>24557158
it's just because LINK has been popular on this board a long time and 4chan in general pulls a largely /pol/pilled retard crowd

>> No.24557518

>>24550150
>First-off, I would like to state than I am a LINK enthusiast
Translation: I'm about to fud LINK, so I want to make tou feel like I'm 'on your side' to make what I'm saying more believable.
>Back to pic related, it is the link/btc chart.
Translation: now I've established a rapport, I'm going to get into the body of my fud.
>this multi-year support has been breached, leaving link literaly falling into the frictionless chart void.
Translation: now I'm using a lot of buzzwords (which actually don't mean anything when you think about it) to create a doom-scenario for LINK
>an expert eye will have noticed that everytime the cross was looming, link reacted and pumped to negate the cross. Well once again, this is no longer the case
Translation: I want to make you feel uncertainty and doubt by insinuating the previous times LINK dipped below the moving average were different
>since a few days ago the death cross has occured and has been validated by recent price action.
Translation: I'm using more buzzwords and jargon to validate my previous point, which once again, doesn't actually mean anything.
>In my opinion, it is going for a full retrace
Translation: this is reason for all the meaningless fluff; I need you to think link's dropping to $5 so you'll sell out of fear.

Why does this read oddly similar to the fake Zeus finance paper...I wonder...

>> No.24557531

>>24554961
Well, how the fuck do you expect Sergey to make a living? To afford his employees make a living?

dont be so selfish

>> No.24557537

>>24550191
They're pussies. Most of them are in link and nothing else.

>> No.24557627

>>24557174
you are very rich sir ,, !

>> No.24557647

>>24550191
>Why don't you just buy low and sell high?
Big brain post

>> No.24557665

>>24557518
based and dissection pilled
you can spot these low iq fags from the very first line, and then immediately go buy some more link without a care in the world

>> No.24557738

linktards who never sell are my favorite kind of person
thank you for never fucking up my swinging
love,
t. polkachad

>> No.24557773

>>24557475
yes

>> No.24557991

>>24557518
100%

>> No.24558244
File: 1.04 MB, 1024x958, 4B792559-C9C9-4CB6-8DE6-DFC6A34EEF62.png [View same] [iqdb] [saucenao] [google]
24558244

https://vocaroo.com/h4vnIf6ll1k

DRNS - fuck off nolinkers

>> No.24558701

>>24558244
do you have the *ting ting ting* Jordan Peterson vocaroo?

>> No.24558943

>>24557738
>t-thank you for n-never fucking up my swinging haha i d-didn't get burned by a-any pumps and n-no i won't post my trade history
no one buys your lines either, retard

>> No.24558956

>>24553002
Who is this man he gives off Jesus vibes

>> No.24559010
File: 112 KB, 387x387, yertysdfg.png [View same] [iqdb] [saucenao] [google]
24559010

> tfw $4 entry

>> No.24559023

>>24558956
lol

>> No.24559129

>>24554961
>being independent from VC by the sale of network access isn't bullish

>> No.24559185

>>24557518
Translation: don't listen to OP, hold strong marines so i can keep cashing out my stack in batches without the price fluctuating too much!

>> No.24559216

>>24559010
not bad, you'll only lose 50-75% of your investment

>> No.24559248

>>24551662
Brainlets that draw parabolic lines on the log chart are just as braindead as those that draw linear lines on the linear chart.
Do you fucks even know why we use log charts in the first place? To visually linearize exponential growth, shit for brains.

>> No.24559289

>>24553051
/thread

>> No.24559315

>>24559248
you don't care about base of the exponential growth? pleb

>> No.24559317

>>24553326
kek i was in that thread what a fucking loser

>> No.24559326
File: 82 KB, 679x680, 1606197335145.jpg [View same] [iqdb] [saucenao] [google]
24559326

>>24553051
mah nigga

>> No.24559366

>>24551733

There are a lot of factors that keep trend lines cleanly observed. In well-regulated market with extremely high volume, these patterns emerge naturally from collective behavior of market participants. It seems too extraordinary to believe that perfectly-straight trendlines and all sorts of orderly patterns can emerge naturally, but it's similar to how fibonacci numbers and golden ratios emerge from sufficiently complex chaotic systems. The semblance of order is emergent, rather than imposed by one powerful actor or factor. Again, this applies well to traditional markets which have critical levels of volume, and which are regulated well enough to be relatively immune to manipulation.

Crypto is a bit of a different story because it's definitely low volume enough and sufficiently unregulated to be subject to manipulation. Market makers can have a big impact on the overall price movement in either a healthy market (in the above paragraph) or in a manipulated market, as can bots, which >>24551841 notes. Although they're pretty much one and the same; technically anyone who's using bots to trade the order book is behaving as a market maker. However, the longer the timeframe you're considering, the more unlikely it is that there is some core manipulator "painting" the chart. It's simply too high volume at that scale for one person to control, especially in top ten coins with lots of volume.

TA itself can also become a bit of a self-fulfilling prophesy. If traders become aware of this trendline on LINKBTC, they are more likely to buy heavily when price gets to the line. The more traders become aware of the trendline and trade as though it's unbreakable support, the more likely it will remain as support. The more people who trade on much-discussed TA of this or that chart, the more likely that TA is paradoxically enforced by their mass belief in it. The same is true of bots that are explicitly programmed to follow certain principles of TA in their trading.

>> No.24559370

>>24552170
As long as xrp is #3 link is undervalued

>> No.24559384

Imagine saying "imagine not buying the dip", selling the dip and then crying to your mummy because you could have made it. "There there", Mummy will coo, as she sparks another cigarette and wishes she'd had a fucking girl instead of you.
You useless faggot.

>> No.24559537

>>24553298
>The markets are not so flexible as they were in 2017
I'm no economist but I would think the markets would become more flexible/efficient over time?

>> No.24559578

>>24557518
mostly correct, i was too lazy to type out, thanks newfren

>> No.24559894

>>24559216
kek, we shall see friend :)

>> No.24559957

>>24550191
Wanna know how I can tell your portfolio sits under 5 figures?

>> No.24560517

>being bearish after an asset has went down for almost 4 months

LMAO

this month is a little weird due to the great conjunction coming in but if it still doesnt pump by January next year you better sell everything you have and go all in

>> No.24560695

>>24553051
Checked

>> No.24560711

>>24560517
Niggerjunction what is your malfunction, over?

>> No.24560757

>>24550191
>just do the thing for result

>> No.24561205
File: 1.45 MB, 2508x3284, 1AC2E546-3F21-475B-9824-783B420E2CEE.jpg [View same] [iqdb] [saucenao] [google]
24561205

>>24550150
>>24550191
>>24550348
>>24550449
Specifically, what part of “never selling” are you struggling with? Happy to help however I can.

Is it the “never” part? Or the “selling”word? I’m happy to break down the meaning of these words for any newfags here. I understand it must be hard for NPCs who FOMOd in at $18.

It’s really pretty easy once you put your brain into it. “ Never” means not happening. “Selling” refers to the act of trading LINK tokens for goods or services. The basic premise is that OG holders are not in fact trading our tokens for goods or services.

I’m happy to break it down more if you’re still struggling.

>> No.24561321

>>24559366
To your last point, I agree that it can become a self fulfilling prophecy in the short term. Because liquidity and sell / buy pressure is low. However on a long chart, TA doesn’t really matter in the sense that it can’t predict, only analyze historically. And those historical insights are driven at least in crypto by market movers.

The mistake that most TA nerds make with crypto is that they do thunder stand how fragile the alt coin markets are from a manipulation stand point. This shit is a game of white knuckling solid projects for 3-7 years.

Stocks have a different game theory than crypto. The distribution is way different in stocks, and central banking liquidity plays way way more of a direct role. Whereas with crypto you’re really just inside of the Whale game 90% of the time. So all you can do is hang on for dear life to really solid projects.

>> No.24562368

>>24561205
>>24561321
Holy shit, is this what retardation combined with blind cultist faith looks like?

>> No.24562823

>>24562368
Ks

>> No.24562920

>>24561205

Shhh let them be poor anon. They can join the ranks of anons who sold the past pumps and are priced out forever.

>> No.24563024

>>24550341
FFS dont take advice from /biz/lets. Come here for the memes, the cope, the seethe, the cheer, ANYTHING but buy and sell advice. You're welcome.

>> No.24563253

>>24550150
Support at 60k

>> No.24563359

>>24563024
yeah imagine if you took /biz/ advice buying link a year ago

>> No.24563431

>>24550340
This. The trick is to hold both btc and link, then you don’t feel grumpy when link gains against usd but loses against btc.

>> No.24563490

Selling now is the biz way. I am buying at the moment.

>> No.24563719

>>24550423
>the run to 20 took it out of the ascending wedge
>so the dump from there was expected to be
why?

>> No.24563758

I used to think anything could happen at any time with Chainlink.
That massive integrations, features, partners ... could be announced out of the blue at any time.

That feeling is long gone now.
It very much feels like Sergey is settling for Defi.

>> No.24563779

https://youtu.be/iB12I-T48N4
Nice fud
Lol pls sell retards im never selling

>> No.24563851

>>24550150
link run is unironically over, personally I dumped at 17 and all inned XRP.

>> No.24563920

i'm sure it was nice for a lot of anons getting 50-100x. but those days are over. we should be working on finding the next one frens.

>> No.24564052

>>24557531
>'making a living' from dumping $50 MILLION worth of link every month

Nigga, even fucking Microsoft would struggle to spend that much money on operating costs. I guarantee you Sergey doesn't even need a tenth of that to spend on capital costs and employees. Now, where is that money going?

>> No.24564079

>>24563758

Remember when we thought corporations would be revealed on mainnet release and Link would be the center of the psd2 open banking platform?

>> No.24564099
File: 462 KB, 220x164, duck.gif [View same] [iqdb] [saucenao] [google]
24564099

Link went x200 from the bottom. It has already mooned. Much easier to find new opportunities that will outpace it now.

>> No.24564234
File: 49 KB, 337x343, 1579361608989.jpg [View same] [iqdb] [saucenao] [google]
24564234

>>24563779

>> No.24564267

>>24559537

In 2017 there was an influx of moonboys chasing every pump. So when btc went up immediately all altcoins crashed to chase the pump. Went btc dumped all alts crashed because of fear and wen btc stabilizes all alts started pumping one by one as people chased alt pump after pump. Now, some alts have long term holders who are not selling and people are less inclined to chase pumps. So the market is less flexible in that sense (it is more mature)

>> No.24564559
File: 73 KB, 559x448, duherrg.png [View same] [iqdb] [saucenao] [google]
24564559

>says price go down hurt my feelings so is fud

>> No.24564944
File: 88 KB, 842x960, 1595118296522.jpg [View same] [iqdb] [saucenao] [google]
24564944

>>24553051
Gentlemen, marines, never doubt that we are early, and that we are blessed. Never sell.

>> No.24565233
File: 67 KB, 1208x571, linkbtc_weekly.png [View same] [iqdb] [saucenao] [google]
24565233

For your attention, I would also like to add to my OP the latest development on the weekly, where the 10 sma (red) is now crossing down the 21 (yellow). As you can notice on pic rel, this never happened during the time period we are studying here. What is even more humbling is the fact that it tested the cross when it happened and was violently rejected, as evidenced by the wick in the screenshot.

>> No.24565243

>>24565233
*correction: I meant ema

>> No.24565280

>>24565233
if you think we're going to 30k sats have you sold then?

>> No.24565415

>>24551662
according by this model is the next top 40usd?

>> No.24565440

>>24559248
>To visually linearize exponential growth
and this is helpful because...?

>> No.24565526
File: 167 KB, 362x7500, MY_LINKY_STAYS_STINKY.jpg [View same] [iqdb] [saucenao] [google]
24565526

>>24561205
*ting* *ting* *ting*

ATTENTION (((MARKET MAKERS)))
Yes yes you're all so very clever and devious. But there is just one *little* problem with your plan.

Listen closely...

FUCK JANNIES
FUCK KIKES
FUCK NIGGERS
FUCK WOMEN
FUCK NOLINKERS
FUCK NULINKERS
FUCK REDDIT

and worse of all

FUCK SWINGLINKERS

*ahem*
I am NEVER, ever, EVER selling my fucking Linkies. Not a single one. Ever. Under no circumstances.

Do you understand? I. Am. Never. Ever. Ever. EVER. FUCKING SELLING


N E V E R S E L L I N G
E
V
E
R

S
E
L
L
I
N
G

I will NEVER, ever sell my linkies. LINK at 18k sats? Didnt sell.
LINK at 17k? Didnt sell.
LINK at 15k? 10k? 8k?... 3k? 2k? 1k?

Not selling.

IF you filthy kikes ever want to see these linkies again, you are going to have to pump the price to AT LEAST $1000 per LINK... At which point, AGAIN, you filthy kikes, I AM NOT SELLING. ANNOUNCEMENT IS OVER, FREE HENTAI AT THE COUNTER
*drops the mic*

>> No.24565564

>>24561205
Holy fucking based, redpilled and chadlike.

>> No.24565633

>>24561205
Based. All you discord trannies will get the rope. Also all you API3 Pajeets can kys too, you’re so fucking retarded.

>> No.24565921

>>24550191

if you can easily double your money in a day then why arent you retired yet?
should only be a few weeks of work for you to make it.

>> No.24565924

>>24565233
Oh god

>> No.24566306

>>24553298
>Btc might go full bull soon.
to which price?

>> No.24566560

>>24553349
We are all tired anon. We all want to sell at 1k and never have to work again. But you need to be strong.

>> No.24566939

>>24554961
Because it isn't happening. The wallet isn't sending link to any exchange. There is no dump you retards.

>> No.24567648

>>24563758
>>24564079
They are building a solid revenue stream of over $40M/Year in the most immediate use case of Defi.

Imagine you were selling cake and a bunch of fat people were throwing money at you who love cake. Why would you leave and go to a different market immediately until you had the cake game on lock in that market?

>> No.24567707

>>24566306

I think 25k, maybe 30k for the first run up before it consolidates.

>> No.24567766

>>24566939

Circulating supply is increasing. These tokens are being sold by the team. Locked supply is from the team, so an increase in circulating supply can mean two things: the team selling or giving away tokens.

>> No.24567793

>>24567766
>Circulating supply is increasing
coingecko and coinmarketcap doesn't know they just look at what people write here and take it at face value and ups the circulating supply they have no idea either

>> No.24567965

>>24567707
so no shot to 100k?

>> No.24568013

>>24567965

Thats a fuckload of money. Eventually maybe, but not in the upcoming months.