[ 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: 50 KB, 813x546, link dumps $2 in 1 minute.png [View same] [iqdb] [saucenao] [google]
21712556 No.21712556 [Reply] [Original]

>hurrr it's not manipulated

Reminder that the Chainlink dump started with a 1-minute market sell.

>> No.21712611

it started dumping again as soon as it was listed on bitfinex yesterday

>> No.21712763

>>21712556
It literally could not be more obvious that this is a manipulated dump ONE WEEK BEFORE SMARTCON. Kek I love watching nufags panic sell and freak out, this is their first rodeo

>> No.21712835

How is someone taking profit considered manipulation? Are they just supposed to hold forever so you can make money before they do?

>> No.21712863

>>21712556
this sergey selling 700k

>> No.21712881

>>21712835
Market selling that much =/= taking profit.

The seller caused $2 of price slippage with that one sell.

>> No.21712888
File: 69 KB, 666x764, 15951896424433.jpg [View same] [iqdb] [saucenao] [google]
21712888

>MA-NI-PU-LA-TION

>> No.21712929

>>21712888
checked, manipulation confirmed

>> No.21712959

>>21712835
Did you not see the chart? There was nothing but upward movements. He could have literally just sold small stacks at a time, instead of dumping all at once, if he wanted to take profit.

It was done to cause panic.

>> No.21712961

>>21712888
Trips confirm manipulation.

>> No.21712987

>>21712835
who is smart enough to own 500,000 LINK but dumb enough to market sell them and miss out on almost $1,000,000

>> No.21713019

A few 500k+ whales are pushing down the price which can be seen by the original coordinated dump which started everything off. At the same time they have a massive leveraged short on so they are raking in the cash. They will use the money gained from the short to buy back twice as much link once people have capitulated around $9/$10. The price will then shoot up to $25 in a very short amount of time
Don't get shaken out, the next few weeks are going to be insane

>> No.21713059

>>21712987
Someone with 500k linkies paid at least $50k for them even at ICO.

These are seasoned whales from the get-go.

>> No.21713085

>>21712987
Leveraged short fren

>> No.21713098

>>21712835
With link you would make more staking but your forgetting that crypto day traders are adderal huffing peices of shit that can't sit still in their seats for 5 minutes without thinking up some hair brained play that ultimately loses them money

>> No.21713128

>>21712556
dude the same shit happens to many other shitcoins

>> No.21713135

>>21712987
hmmm i wonder who could be dumping 500k link on the market like it's nothing... i wonder.... could it be sirgay? of course not he would never dump 500k link tokens he printed out of thin air on his deluded cult following.

>> No.21713146

>>21713128
sure

>> No.21713181

>>21712881
>>21712959
So? No one cares. If they've made millions of dollars in a few days and there is enough volume to sell, why would they bother trying to wait to make sure they could liquidate?

>> No.21713184
File: 66 KB, 1147x858, outgoing to aggregator contracts.png [View same] [iqdb] [saucenao] [google]
21713184

>>21713135
Maybe try actually looking at what happens to those 500k """dumps""".

>> No.21713193

>>21712556
>people with more money than me are buying and selling an asset
>manipulation!!!
You're retarded

>> No.21713231

>>21713181
>why would they bother trying to wait
Because by spacing out the sells over just a few hours, they could've made about $100k more by avoiding the price slippage.

>> No.21713271

>>21713135
>he said fatly, reading off his script between dilation sessions

>> No.21713281

>>21713193
See >>21712881
>>21712959
>>21712987

>> No.21713291
File: 45 KB, 803x478, arpa 1 minute halving.png [View same] [iqdb] [saucenao] [google]
21713291

>>21713146
put away the tinfoil hat for a minute retard

>> No.21713316

>>21713291
It was an unironic "sure", anon.

>> No.21713323

>>21712556
These are institutional candles, you new or something?

>> No.21713426

>>21713231
Maybe they are happy and don’t want to take a chance of it dumping
Back in the day someone sold the whole order book of eth on Coinbase.

>> No.21713451

>>21712556
Selling chainlink is market manipulation?

>> No.21713504

>>21712763


It only makes sense to intentionally crash the price 10 days before the convention. If the price is overvalued there’s nowhere to go on 8/28 but down. If it’s undervalued there’s nowhere to go but up and whatever they say will be perceived as good news. Plus they make money at the expense of dipshit redditors who bought at $19. You can see what’s happening and use it to your advantage or just hold through it but it’s not something to panic over.

>> No.21713564

>>21713426
>and don’t want to take a chance of it dumping
lel
They'd rather risk $100k on absolutely certain monumental price slippage, than space out the sells with the option to stop when the price does dump.

Yeah, nah.

>>21713451
Causing $2 worth of price slippage isn't just "selling", anon.

>> No.21713618
File: 14 KB, 256x256, cryptocobain.jpg [View same] [iqdb] [saucenao] [google]
21713618

>>21712556
>Reminder that the Chainlink dump started with a 1-minute market sell.

I'm pretty sure pic related was the person behind it after reading his tweet to Dave Portnoy about dumping on his crypto bags twice lmao.

>> No.21713629

>>21712835
That's crypto for you

Zero sum game where only 1% if that make money.

Most people are left holding their dicks

>> No.21713640

>>21713504
You and the OP are morons
Anyone who parades the idea of market manipulation is just admitting that they believe in imaginary overlords
It’s pathetic

>> No.21713652

>not selling half of your stinkies at 20 then buying back at 10

>> No.21713664

>>21712763
>>21713504
Correct. Anyone who thinks smart money is "selling the news", on an event featuring Oracle, Microsoft and other big names, TEN days before the event is fucking retarded. The redditors and newfriends from twatter are being shaken out so they rebuy much higher next time around.

>> No.21713666

Not claiming this is a technical analysis in the slightest but— let’s say Sergey and co are dumping the price preconference. It kind of makes sense. They make a big announcement, people can buy the dip. It doesn’t really look great to be at ATH at the conference. Just a casual theory.

>> No.21713691

>>21713564
>Risk 100k
You’re poor and stupid
The sell was for millions
Who fucking cares about 100k?

>> No.21713694

Link was hoarding all the gains for months and now the inevitable dump is happening and you are crying about manipulation? Did nobody see this coming?

>> No.21713754

>>21713691
>The sell was for millions
>Who fucking cares about 100k?
t. never had millions

>> No.21713848

>>21713691
Also, if that 500k Link candle was mostly that one market sell, then the seller lost a hell of a lot more than $100k.
That candle dipped in seconds.

>> No.21713990

>>21713848
They are trying to portrait the perfect graph. That means there needs to be some corrections, and thet are probably making money while doing so