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/biz/ - Business & Finance

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14128524 No.14128524 [Reply] [Original]

Explain how random literal who shitcoins pump 300%-500% no problem but link has trouble surpassing 50% on a Google partnership?

>> No.14128543

>>14128524
The marketcap is already pretty high. No one bets billions all at once

>> No.14128550
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14128550

>> No.14128556

Because it's almost hitting 500 million market cap and those shit coins have like 2 million market cap.

Link needs $500 million of new money to double.

Do you know how math works?

>> No.14128557

it's just a blog post

>> No.14128563

>>14128524
when we reach top 10 1link=7$ we're all going to make it

>> No.14128582

>>14128524
have you looked at the volume on shitcoins that pump like that? i couldnt even sell 5% of my LINK or QUANT stack in those

>> No.14128584

>>14128556
>Link needs $500 million of new money to double
the absolute state

>> No.14128589

bots and whales. you don't really think thats organic right?

>> No.14128593
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14128593

I'm out at a fucking loss. Dickheads selling off. Wtf how did neo go up so quick if it so difficult

>> No.14128602

>>14128524
Crypto is controlled by a few big traders at the world bank

>> No.14128612

>>14128556
I hope this is bait.

>> No.14128620

>>14128524
>Why are PnD scamcoins pumping (and crashing) faster than a legit coin that is growing naturally
Hmm...

>> No.14128627
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14128627

>>14128556

>> No.14128635

>>14128556
Is this bait or unironic retardness? I honestly hope I'm getting baited I don't want to share LINK wealth with 30IQ retards

>> No.14128638

>>14128524
(((they))) are suppressing the price

>> No.14128720

>>14128638
cz's chink bots, i mean just look at all those correlating sell and buy numbers that are the same numbers or within like 20 link of each other

>> No.14128750

>>14128524
Just be patient, holy shit/
Shitcoins get pumped because of CZ's pumpbots, the chink is trying hard to suppress LINK.

>> No.14128789

>>14128556
KEK

>> No.14128800

>>14128789
Why are you guys calling him a retard? Isn't that how it works?

>> No.14128842

>>14128524
1. its hard to buy link, ask a normal person to buy link and they never will because of how obscure crypto is
2. link is hard to understand, some people might not even realize you can buy shares
3. people are numb to the things that actually matter, even after google confirmed link is legit, people will still be chasing shitcoin pumps

>> No.14128934

>>14128556
>he thinks market cap is the amount of money that magically is INSIDE a cryptocurrency
Holy fuck, anon I.....

>> No.14128955
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>>14128800

>> No.14128973

>>14128556
>Link needs $500 million of new money to double
Kek. So many teenagers on biz these days.

>> No.14129023

>>14128973
Out of curiosity, if 500 million in liquid cash entered chainlink, how much would the price increase?

>> No.14129024

>>14128800
>create a currency
>1,000 total cap and it's the circulating supply
>buy 1 at 1,000 USD
1,000,000 USD Market cap guys, it's happening

>> No.14129057

>>14128800
No.

> LINK is valued $1, MC 350mil
> Someone buys link @ $2 for 100k
> LINK is now valued $2, MC 700 mil.

Did the market receive $350mil new money?

>> No.14129065

>>14128800
You don't need to buy ALL the coins on the blockchain, only the ones people are selling in the price range.

>> No.14129076
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14129076

It stopped pumping because people stopped masturbating for a moment and actually read the blog post and realized it's a literal who at google writing filler content for their blog.

>> No.14129194

>>14129023
x1000

>> No.14129288
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14129288

>>14129076
>a literal who
you mean, a literal LINK whale pushing up the price

>> No.14129333

>>14129023
I've read every dollar added adds another $20 to the market cap, there's too many variables to accurately say with certainly but let's assume it adds 10 billion to the market cap.
That would put link around $30.

>> No.14129441

>>14128934
It represents how much can be sold at this price. The total value of the currency at this price is the cap and valuing link at half a billion does not seem accurate.