/biz/ - Business & Finance

>>25688015
Bleeding even harder in sats

>>25688068
How the fuck would it not when BTC does this shit

>>25688102
Absolutely scrumptious

>>25688015
I'll clue you newfags in on what's going on.
Read this thread to learn how Bitfinex/Tether is manipulating the market:

>>25643688

Their biggest holding in their ERC wallet is LINK. They pumped it and are selling it off from a higher position while you wonder what the fuck is going on. Check their cold wallet:

https://etherscan.io/address/0x742d35cc6634c0532925a3b844bc454e4438f44e#analytics

>>25688192

Check coinbase link balance on the last 30 days.

It's pretty obvious the price is being surpressed so whales can buy.

>>25688015
LMFAO linkies get ASSRAPED

1k eoy

>>25688192
I'm not very convinced - for one their link holdings aren't much, even if they dumped it all at once it would just be over a week of sergey dumps. Beyond that they've not been selling it for seemingly a long time, so it doesn't explain the bad price action lately.

Also i looked at the other thread linked and most of the charts don't really display what you're suggesting. The token sales rarely align with the token price action and frequently there are other historic sales of large magnitude too.

>>25688411
Cope. Link is going down. It's just karma doing it's thing since you guys have been shitting the board for too long now

>>25688192

Very strange , can any smart anon elaborate why they would hold 20 million $ of link?

>>25688530
It may well do, it's been a total shitcoin with absent devs lately but that doesn't change the fact that the tether fud posted is as crap as it usually is,

>>25688015
Yea welcome to shitcoin life m8

>>25688556
read the thread I linked. Bitfinex and tether are the same company.

Tether prints 1B > Uses it to buy BTC > BTC pumps > The market fomos in > They unload BTC at 2-3x the value > BTC drops > Print tether > Repeat

They do the same for other shitcoins like LINK, OMG, etc.

>>25688192
>$900k worth of fun
Wtf

So are they gonna dump link on us?

>buy litecoin with tether
>sell for btc+eth
>buy lrc with tether
>sell for btc+eth
>buy link with tether
>sell for btc+eth
I can't wait for paolo to be sentenced

>>25689362
Why not just buy btc+eth with tether.

>>25689397
Too obvious and the price of USDT would drop too low. Even in a manipulated market where they own the exchanges, they need to create some demand. They buy alts-usdt pairs to make people fomo into alts with their eth/btc, then swap those overpriced alts for the two blue chips. Harder to track and you need a lot of liquidity to dump $400,000,000 tether on the market every single day

>>25688530
>link's price is karma
yeah we sure got btfod, what kind of idiot buys at .30c
holy fuck nolinkers are as salty, as they are dumb, as they are priced out
KEK

>>25688015
Heh, nothing personell kid

>>25689462
Yes but you're stating the liquidity is there anyway from people selling their btc/eth to get alts, so they could surely just cut out the middleman.

>>25688015
just cause eth/btc are mooning

I sold, I'm sick of missing out on BTC gains

>>25689873
Those are just the available pairings but you can check most major tokens and see link would be crashing against them if pairs existed.

Even fucking ripple has outperformed link over the week and it's literally in court as an illegal scam.

>>25688594
>>25688015
>>25688192
>>25688380
>>25688611

bro this fucking coin almost 10x in a single year and your all sitting here going "This coin is dead!"
i cannot believe how retarded half of you are. Just sell your fucking link and hop into BTC ATH fucking morons I cannot believe I share a board with these people

>>25690221
Wish i did sell when you kids were posting the exact same shit 3 months ago.

>>25690405
3 months ago link was worth less than its current price you silly goose

>>25690221
Idiot. We’re down like 85% on btc. Are you fucking blind. Link would be $70 right now. I hope someone plans to smash dog shit into sergays face this is ridiculous.

>>25690454
> usd

>>25690514
you dont know anything, sell your link then. Idk why you are wasting any time here spreading the good word. Sell your link and buy into BTC surely, youll double from here

>>25690614
You're unironically right - when btc retraces link is going to crater to $6 or lower. Though whilst holding sats would be ok it's probably better being tethered.

>>25690677
>daily reminder your following the advice of a guy who works 32 hours a week for 14.50$/hr

yes yes, i shall sell, I shall sell! I should have sold back when it was 2.50$ last april to. I should have definitely kept selling my links. Your right. Can you send me your address? Id love to send you complimentary btc.

>>25688015
Because Fuck the World Economic Forum, am I right?

>>25690677
why would link dump to $6 when btc retraces from 50k to 150k? hmmmm wat did u meen by dis anon

>>25690454
> usd

i don't care. been putting my gains into link. 3k stacklet rn
have you been to chainlink's website lately? omfg it looks like a true corporation. it's the only project where serious money will probably flow into