/biz/ - Business & Finance

[Anonymous No.29747561]

Here every single day since November 2017, all in link naturally, but a brainlet retard.
Can someone explain to me why did link not pump like the other shitcoins but is dumping more than them?
Now OCR is out so what is its excuse?
No one answered this, every newfag asking gets told to fuck off and stop fudding and muh discord tranny.
Does anyone here know or are you all just as brainlet as me?
I believed and still do a little in the jewish btc dump/pump right as link is about to break a resistance or something, but we always eventually mooned, we fucking power all of defi this doesn't make sense.
Also if the jews are manipulating it then why? do they expect a moon mission by eoy and are trying to get as much linkies as possible? If so why not let it pump to 100$ to at least take over dot in marketcap, then they could sell the top and buy back at 40$, then sell the final moon mission eoy...
It makes zero sense, feels like early covid where everything is contradictory and no one knows shit and the whole thing is devoid of logic.

[Anonymous No.29747676]

bumperino from another ip

[Anonymous No.29747748]

>>29747561
>Understands there is massive manipulation
>Doesn't understand why reaching the price singularity yet

What part is confusing you? Retail doesn't really have much effect on the price unless the accumulators turn off the bots and let it run. They simply aren't ready yet. They don't expand the price until people stop being shook out. Once they are no longer accumulating any more at the price channel its being kept in then it takes off so they can repeat the process.

[Anonymous No.29747753]

Flare Networks.

[Anonymous No.29747838]

>>29747561
>an someone explain to me why did link not pump like the other shitcoins but is dumping more than them?
It has already been pumped and is still being dumped for BTC. Furthermore the network is funded by the Chainlink team so any cost savings would have no effect on the price of the tokens.

[Anonymous No.29748042]

For the moment, chainlink's main actual usecase is DeFi. I posted a DeFi TVL vs link chart a few days ago. Obvious correlation. Also, Serg mentioned (in realvision iirc) DeFi TVL as one of the main things to watch regarding Smart contract adoption.

Look at DeFi TVL on defipulse. It didn't rise as hard as it could've. That's the main tide that moves the chainlink boat up and down. Pray for more GME style fiascos and a run towards DeFi. If that doesn't happen on this cycle, we're gonna be waiting for a while.

t. Og linklet

[Anonymous No.29748149]

>>29747838
Yes but most of us expected the dumps to stop after OCR was live.
Personally I don't understand how OCR really works to the point I can see the effect on the price, but I trust anons, plus I'm not walletautism or even mini walletautism, so I don't know if they're still dumping after OCR.
>>29747748
>its being kept in then it takes off so they can repeat the process
So they'll just accumulate it forever? Fucking kikes man, you really can't have nice things with them around.

[Anonymous No.29748163]

The joos are suppressing it.

[Anonymous No.29748197]

Reality check: This project is not nearly as valuable as you think it is.

[Anonymous No.29748265]

>>29748042
Yes but the correlation to defi tvl is just logical, it's tough for defi tvl to do a x2 from 40b$ to 80b$, but for a shitcoin that can be shilled and experience normie fomo it's easy as fuck, see dot and bnb and ada that moved from a 10b$ mc to 40b$ mc in a few months.

[Anonymous No.29748693]

>>29747561
If you don't, at a sufficiently deep level, understand what blockchains, smartcontracts and oracles can do to the economy there's no reason to fomo into link unless number go up. If you read their twitter or get exposed to their development orientated marketing it will look like the most boring and incomprehensible project out there. Also there are so many others like you. Many wallets in the top1000 are neets who bought in 2017 after being spoonfed 24/7 for months, they still don't know what's going on and see number go up elsewhere and decide to "take profits" or "diversify into defi blue chips".

[Anonymous No.29748812]

So what we're seeing is people who manage the network covering costs and demoralized idiots ("OG" linkies) being parted from their golden goose

[Anonymous No.29748963]

I am just buying more and more link with the gains from other coins. Im fine with link crabbing, the 4x pump will come at some point.

[Anonymous No.29749188]

>>29748693
>>29748812
all in and not selling i'm trying to understand

[Anonymous No.29749305]

>>29747561
Btc pair is in a bear market now. News dont affect the market