/biz/ - Business & Finance

[Anonymous No.51124466]

17.5 million link has been dumped to binance in the past 24 hours

Check the ether scan:
0 x 9b1c1752b6b6eaf62a8c491a8681b32c1f7ecde9

(remove the spaces, for some reason 4chan servers consider anything with an address spam)

[Anonymous No.51124469]

>>51124466
Thanks, just sold 100k

[Anonymous No.51124476]

what is going on with those green or blue hairs with guys?

[Anonymous No.51124483]

>>51124466
yeah and i just bought them all, thanks for playing

[Anonymous No.51124487]

If my ID contains "SN", OP is a fag.

[Anonymous No.51124494]

>>51124483
also 5>2>1>3>4

[Anonymous No.51124496]

I can’t take it anymore anons. LINK hasn’t ruined my life completely but it’s pretty damn close to.

[Anonymous No.51124500]

>>51124466
yeah dummie, it's wagies paytime

[Anonymous No.51124551]

>>51124494
can't argue with that

[Anonymous No.51124608]

>>51124476
those/them/they are link marines.

[Anonymous No.51124673]

>>51124466
Holy shit.
This comes from the Chainlink team wallets.
We are fucked.

But why would they sell the bottom 1 month before the SmartCon?
Maybe this is used for an OTC exchange at a higher price for a whale like Erich Schmidt.

[Anonymous No.51124698]

>>51124673
We're going below a dollar.

[Anonymous No.51124714]

>>51124673
>This comes from the Chainlink team wallets.
how can you figure that out? im a noob

[Anonymous No.51124739]

>>51124714
>>51124673
look out for yourselves. remember, buy the rumor sell the news. i dont think smartcon is actually bullish but i hardly follow chainlink, this is the vibe i get. not trying to screw you over either. if you are DCAing then it's whatever though

[Anonymous No.51124761]

>>51124673
so much for "sustainably growing the chainlink network"
they know smartcon is a bust and we will go much lower, motherfuckers

[Anonymous No.51124771]

>>51124487
KEKKKKK

[Anonymous No.51124781]

>>51124714
Click on the transaction hash or the from address when looking at the origin of the tokens:
https://etherscan.io/address/0x9b1c1752b6b6eaf62a8c491a8681b32c1f7ecde9#tokentxns

for example:
https://etherscan.io/address/0xa71bbbd288a4e288cfdc08bb2e70dcd74da4486d#tokentxns

You see here the tokens came 59 days ago from the Chainlink node operators wallet.

https://etherscan.io/address/0x276f695b3b2c7f24e7cf5b9d24e416a7f357adb7#tokentxns
Chainlink team wallet 2


The big question is how is this related with the Chainlink town hall we had a few days ago?
Was it a form of hidden advertisement for this whale or is it unrelated?

[Anonymous No.51124790]

>>51124466
Holy shit they’re FUCKING INCREASING SUPPLY AGAIN JUST IN TIME FOR SMARTCON. FUCK THIS SHITTY FUCKING COIN IM DONE.

[Anonymous No.51124808]

>>51124790
how come they can get away with increasing the supply arbitrarily?

If this token got released in 2021 it's no different than countless bsc scam projects.

[Anonymous No.51124809]

>>51124476
gay

[Anonymous No.51124814]

>>51124761
>>51124739
Maybe this could be a sign that staking is going to get released soon.
That's the best explanation for this big token move, but it's not unexpected.
One part may also be used to fund for the next 9 month node operations and other new feature releases.

https://blog.chain.link/sustainably-growing-chainlink/
>To create clarity for the Chainlink community, and as a critical part of Chainlink Economics 2.0, the Foundation expects that no more than 5% of total supply (50 million LINK tokens) will be moved into the circulating supply, over the next 9 months, through the first quarter of 2023. These releases to circulating supply will support the growth of the network, including the upcoming launch of staking later this year.

Staking may be coming sooner than expected.

[Anonymous No.51124853]

They moved 17.5 million tokens from the 50 millions planned for the next 9 months which is a third of the total.
The biggest reason for increased expenditures would be staking, but I didn't expect them to send the tokens to Binance in that case.

It may be a sign that staking is going to be released very soon.
The other possibilities is this is the node payment part for the ETH network and includes and OTC exchange with a whale at a higher price in the best case or a clause with a holding time to force them to hold for 5 years without selling for example.

[Anonymous No.51124878]

>>51124853
they've been dumping for a couple weeks now.

[Anonymous No.51124895]

>>51124853
It's not even that much money if they dump those tokens at current prices... just wtf bros. Are they really that desperate for cash?

[Anonymous No.51125004]

>>51124878
Do you have a tx of this?

>>51124895
If they found a whale OTC buyer ready to pay a higher price it would allow to pay the node subsidizing costs better than by directly sending the tokens to node operators who would sell it at the market price.
This could even be a scheme to hide Swift funding Chainlink operations.

For example the whale pays $30 per token to get liquidity which does not exist in the retail market and Chainlink uses this to either rebuy the token at market prices and send it to node operators, or something like this with a stable coin.
Or maybe it's to fund their operations.

[Anonymous No.51125015]

>>51124808
Theres a billion tokens total you dumb fuck, they're just selling / releasing them into circulating supply.

[Anonymous No.51125027]

>>51124853
Have you ever considered maybe that they know the token isn’t even worth what it is and they’re just cashing out while they can?

[Anonymous No.51125034]

>literally market dumping on exchange spot wallet
>c-c-could it mean staking is getting released?
you people are unironically morons

[Anonymous No.51125046]

>>51125027
Then they would generate mass hype to sell at a higher price with one last pump, not during peak despair.

[Anonymous No.51125078]

>>51124790
Fucking nigger sergey

[Anonymous No.51125085]

>>51125046
Maybe that's exactly what's going to happen, you can't know if they sold on Binance yet or not.

[Anonymous No.51125107]

love how people continue to defend this bs.

[Anonymous No.51125108]

>>51124487
Wtf. How did u do that

[Anonymous No.51125122]

>>51124494
Do you think 5 is getting the BBC from 4?

[Anonymous No.51125131]

>>51124878
>>51125004
They’ve been dumping for years.
No whale is buying privately at $30 to keep from putting the price up on himself. But Link does want to sell, and would love to get a whale buyer at a small discount.
>>51124895
This is what’s happening. Chainlink is so mismanaged they’ll do massive selling into the bear. They don’t want to be branded as an operation that laid off 50% of staff, even though they should.

[Anonymous No.51125145]

>>51124466
They might take in as much money from the token before they announce the IPO at SmartCon

[Anonymous No.51125166]

>>51125046
They’ve already tried everything to generate mass hype
>muh Google CEO
>muh Linkedin VP
>muh Diem founder
>muh staking this year
>muh CCIP this year
>muh 5 billion “partnerships”
>muh DTCC crumbs
>muh smartcon

You think they don’t now realize market is dead, hype is dead and short of actually delivering a bunch of epic stuff (which they won’t ever do) there’s nothing left which will inflate price? Nobody believes in this garbage anymore. This IS the inflated price, time to dump.

[Anonymous No.51125181]

>>51124476
hair-related equivalent of vocal fry

[Anonymous No.51125232]

>>51124487
It's beginning

[Anonymous No.51125238]

>>51125166
There is an easy way to generate a lot of hype for them and that is to release staking.
They didn't do this which means this will either be used for staking and node subsidizing, or this whale is related to Swift and does not care about an early release because they have been testing in house their own solution using Chainlink and already have a product working internally.

DTCC could be an example. They would want to run nodes and stake the token, and already use the unreleased Chainlink features in their private test net.

[Anonymous No.51125257]

>>51125004
>This could be bullish selling
Never change, biz

[Anonymous No.51125293]

>>51124853
>The biggest reason for increased expenditures would be staking, but I didn't expect them to send the tokens to Binance in that case.
Same. I thought it would go to incentivize a couple of trusted node providers with the initial staking volume, as an initial staking stack that would compensate them from now also paying a fraction of their revenues to the user-staked part.

Instead the team just dumps it straight into unsuspecting investors. vile. simply just vile. i had thought Sergey would have more integrity, but this just makes me questions the entire trustability of this project. "Trust minimization" roflmao yeah, this project really does deserve minimal trust.

[Anonymous No.51125335]

>>51124814
>Maybe this could be a sign that staking is going to get released soon.
If that were true then Sergey would've at least mentioned it during the Twitter Space a few days ago.
I got total mixed emotions from that interview. It showed that staking is a while away, but the project is still looking very promising.

[Anonymous No.51125346]

>>51124466
THANK GOD
Chainlink absolutely crashed as soon as Sergey stopped dumping back in October last year.
Never stop dumping again Sergey!

[Anonymous No.51125377]

>>51125293
you have made me reconsider my investment in the chainlink token. thank you friend, i will sell my entire stack immediately. such a kind fellow to be so concerned for my financial well being

[Anonymous No.51125419]

>>51125293
>hurrrr Sergey dumping bad!
Now do literally every other crypto that dumped way more than Sergey.

[Anonymous No.51125427]

>>51124487
shieeeeet

[Anonymous No.51125435]

>>51125419
The supply of SOL, FTM, MATIC was increased to VC funds who havent dumped their increase on unsuspecting retail.

[Anonymous No.51125445]

>>51125335
I had a different impression.
It felt as if Sergey specifically answered my questions and complaints I posted a few weeks ago.
I wanted to see proof of the finance industry using Chainlink and didn't care about DeFi and he gave examples of this with details about it which would shows he understands the topic enough because he is focused on it.

He also said that economics 2.0 is their attempt to restart the hype and community sentiment.

>>51125293
Binance could be used to obfuscate operations.
The highest probability is that one of their Swift partners already running tests with Chainlink on their private network bought the tokens OTC at a higher price to support Chainlink and as payment for their support in the initial testing phase.
If you already have a running system you don't care about a demo of new features and the release of things like staking and CCIP because you are already using it in a beta mode in house.
This would be the best explanation for the token price not being pumped before a dump attempt and for the bad token price action confirming that this was the Swift hidden project.
They will then keep funding it, but need to hide their tracks through Binance.
Remember the part about Sergey not caring about the token price because he had Swift's support?
This would be the best proof of that statement.

[Anonymous No.51125452]

>>51124714
https://blog.chain.link/sustainably-growing-chainlink/

They're completely transparent about token movements these days. None of this is a surprise. Will be offset by locking up 75mm tokens later this year for staking

[Anonymous No.51125456]

>>51125435
Goalposts: blasted into outer space.

[Anonymous No.51125479]

>>51125445
>Binance could be used to obfuscate operations
nope. over the last 24 hours Binance hot and cold wallet increased by 10 Million Link

[Anonymous No.51125483]

>>51125435
Anyone with half a brain just values projects based on FDV anyway. You are buying a share of a billion tokens, what do people think they're gonna do just burn all the team tokens or something?

[Anonymous No.51125491]

>>51125131
So you’re saying I should sell all my Chainlink? I’m thinking either for Eth or Uni?

[Anonymous No.51125498]

>>51125131
>hall
>chainlink is so mismanaged
kek retard they built a massive fucking warchest over the last 2 years but you already knew that didn't you, fudfag

[Anonymous No.51125503]

>>51124487

[Anonymous No.51125506]

>>51125034
Unironically, you're the moron

[Anonymous No.51125522]

>>51125445
>I had a different impression.
If I'm reading correctly, we got mostly the same impression haha. But did you get the understanding from his interview that staking is coming out soon? I certainly didn't. It was only indirectly referenced when he said that they'd talk about Economics 2.0 at Smartcon.
My expectation now is that we just get some sort of beta CCIP this year, and FSS & Proof of Reserve should come out shortly too since they've already got working demos.

[Anonymous No.51125536]

>>51125479
That doesn't mean anything.
They have a process for deposits and withdrawals and this process should be similar for OTC sales.

The one concerning thing is that there seems to be movements from ETH whales sending their tokens to exchanges.
If for some reason we get a giga capitulation bringing BTC lower to $10k then it could cause crypto groups to try to increase their reserves for an emergency situation like the BTC miner selling the bottom.

But Swift banks controls the world.
Sergey stopped dumping last year before the market crash because he had insider information about the state of the markets.
This group knows what is going to happen years in advance because they create those situations.
This would make it an impossible situation for Sergey not to know what would happen now and in the future 12 months since 2021.

They knew about CeFi shorting Chainlink for a long time too through these sources.

[Anonymous No.51125543]

>>51124466
Checked and fundamentally fucked. Enjoy link baggies kek

[Anonymous No.51125576]

>>51124466
>For some reason
Heh been a while or just new?

[Anonymous No.51125623]

>>51125145
While I do not believe that IPO will be announced this is an interesting point.

Imagine the price of 1 LINK if/when an IPO was announced. Holy shit we would all be mega-millionaires.

The script would be flipped. We would be market dumping on Hedge funds and brokages.

[Anonymous No.51125628]

>>51125522
It's funny that I was called a fuder when I said they would release CCIP in a beta state like Arbitrum and test it for a longer time in a reduced beta state.
Because of the ETH merge delay the only way to keep the promise of releasing CCIP this year was by doing this to get it out faster with reduced risks.

The truth is that staking is not important and is a minor feature from a complexity perspective.
It's only important to deliver new integration possibilities for high risk contracts which require collateral which is mostly connected to the finance industry integration.
What's important is the growth of the network. CCIP and the finance industry are the most important bets which can deliver this.

They will wait until after the merge to release new features and may do it shortly after the SmartCon because it's too much work to do everything at the same time.

[Anonymous No.51125720]

>>51124853
This is your brain on ChainLink. Holy coping mechanisms.

[Anonymous No.51125765]

>>51125623
Are you retarded? The token would not mean shit if they did an IPO. Explain clearly why we would be mega-millionaires? Are you under the impression you’ll be allowed to exchange your tokens for Chainlink shares?

[Anonymous No.51125784]

>>51125628
The truth is that staking is not important and is a minor feature from a complexity perspective.

This

Retail staking (not node ops staking on their own node) is nothing more than Sirgay throwing plebs a a bone.

[Anonymous No.51125803]

>>51125784
>Retail staking (not node ops staking on their own node) is nothing more than Sirgay throwing plebs a a bone.
lol horseshit; even the absolute biggest nodes will never turn down retail pleb staking pool money.

[Anonymous No.51125807]

>>51125445
>The highest probability is that one of their Swift partners already running tests with Chainlink on their private network bought the tokens OTC at a higher price to support Chainlink and as payment for their support in the initial testing phase
>This is the highest probability
No the highest probability is that sir gay knows this is the end and if he doesn't sell now his war chest of hamburgers and HR roasties will soon be depleted. They're dumping to fund operations (operations meaning a few lines of code and a bunch of useless devs and spokesmen).

[Anonymous No.51125812]

>>51125720
Worked out as expected until now.

It's possible to understand what's happening through psychological profiling and putting yourself in other people's shoes.
You can understand their thoughts, way of thinking, possible actions and you can find out the truth through their behavior.
There is a reason behind every action and it's easier to find out when this obeys rules of efficiency and is followed by important foreshadowed events.

[Anonymous No.51125850]

>>51125765
Fren you clearly do not understand what is happening in world of finance. You should go study.

Tokenization of traditional assets.
Chainlink shares would have an equal value tokenized derivative created, let's call it dLINK.
All current holders of LINK could then exchange their LINK for dLINK at the established USD ratio.

[Anonymous No.51125858]

>>51125145
>sergey, distributed ledger evangelist
>axing the token and doing an IPO instead
I'd like to give you points for creativity on this fud, but it's just too nigger retarded, sorry m8

[Anonymous No.51125866]

>>51125803
Go study node economics.

They will be capped to prevent diminishing returns.

[Anonymous No.51125873]

>>51125866
>They will be capped to prevent diminishing returns.
The dumbest thing I'll read all day, I'm sure.

[Anonymous No.51125895]

>>51125004
This is military grade cope

[Anonymous No.51125898]

>>51125812
What worked out as expected? That selling is actually secretly bullish? You're saying it's either a whale overpaying on OTC or it's somehow for staking. Where in the past has this been proven to happen?

[Anonymous No.51125900]

>>51125873
Either your just baiting at this point or you really are this low IQ.

Either way good luck with your link investment.

[Anonymous No.51125915]

>>51125807
Sergey has been through every bull market.
It's common knowledge for crypto projects that they need to get enough reserves to run for 4 years if they plan to survive bear markets.
His development funds should last him a few years.

If they had money problems, you would be able to recognize concern and stress in his behavior during the Townhall and a feeling of impatience through his actions, as he would attempt to generate massive hype and use everything he has for it.
Instead the opposite happens and he talked of the finance industry because we got impatient...

It's a bit pathetic that most Chainlink investors failed to navigate the bull market correctly.
The reason we are impatient is because we failed to secure enough gains in the bull run.

If we had sold half our stack at $40 we would have only lost half of our virtual wealth in the worst case and would be happy to buy a lot of tokens at current prices.

[Anonymous No.51125942]

>>51125850
Bro come on, you have got to be out of your fucking mind if you think the SEC would even allow a fraction of that to happen. The most that could happen is a Chainlink Labs IPO is done with those shares being completely separate from the LINK token. Love the hopium, but let’s not be absolutely delusional.

[Anonymous No.51125944]

>>51125898
The token being attacked in the bull run to pump shitcoins owned by VC funds instead.
A mini halving front run bull market with an accelerated bear market to run a complete cycle before the real thing beings and an attempt to shake out Chainlink investors.

[Anonymous No.51125956]

>>51125900
1) it's retarded to cap top performance features because of "diminishing returns".
Nothing has more diminishing returns than top features.

2) nodes will be competing for top jobs, and staking amount will be one of the primary weapons

3) even if the staking is capped, why the fuck would they turn down retail staking pool money, thus reducing their exposure?

4) fucking WHO would even cap the staking amounts? The police?

[Anonymous No.51125970]

>>51125915
>If they had money problems, you would be able to recognize concern and stress in his behavior during the Townhall and a feeling of impatience through his actions, as he would attempt to generate massive hype and use everything he has for it.
If he's not worried it's because he still has 508,400,000 LINK to dump on you lmao. If I were already a millionaire and still had half a billion Link to DCA out of over my lifetime I'd be cool as a cucumber.

[Anonymous No.51126032]

>>51125970
Try running a company with 1000 employees and then tell me you won't worry about being able to pay them for the next years.
When you are in a position of power you will feel a great responsibility if you are not a psychopath.

Selling pressure is a real thing and he can't dump 500 million tokens in 1 month in the current state of the market as it would crash the price and nobody would want to buy.
You need buyers to sell.

[Anonymous No.51126058]

>>51126032
Just don’t get why the fuck he would need to be raising cash at these pathetic prices now. They sold a lot last year, how the fuck do they not have enough cash to last a few years?

[Anonymous No.51126096]

>>51124466
$LINK trades with a monthly volume of $7,500,000,000

There are like the same 20 LINKposters on /biz/ left, that are replying to themselves.
There are maybe 1500 Twitterfags left that are active there
All Newfags sold with a loss and marines hold their underwater bags
Who is trading link? The only real buy volume is eating into sergays sell orders I think

[Anonymous No.51126133]

>>51125970
It's even worse in this case because he also feels responsible for our situation after getting all the memes and free advertising from /biz/.
Initially he decided to participate in society and to try to have a positive impact on it.

He may feel a very high amount of responsibility now that he has the ability to produce a positive change which could save our society.
The weight of the world is an extremely heavy weight to carry.


This could be a nice meme.
Sergey holding up the blockchain space (ETH, L1-L2s, DeFi, ...) and the world economy on his shoulders like Atlas.

[Anonymous No.51126197]

>>51126058
It could be a form of partnership.
When two companies merge each receives some % of the other companies stocks.
Their partners would want to profit from Chainlink after giving them a profitable business.
It's an updated version of getting a certain % of their network ownership.

Chainlink may not necessarily do this to directly get money, but to act on partnerships.
What price would you be willing to pay to get the DTCC to use your system?

If you could generate billions in profits from it and x10-100 your network income would you be willing to offer 10% of your network or company?

Celsius caused the price to dump during the Robinhood news by dumping 2 million tokens.
If they tried to sell 10 million tokens in the current situation on the market the price would crash.
They are either planning to sell this over the next 3-9 months very slowly or they have an OTC buyer.

[Anonymous No.51126201]

>>51124466
putin needs the money

[Anonymous No.51126233]

>>51124895
you ride the horse until its dead

[Anonymous No.51126242]

>>51125004
check the first created LINK wallets and where they went, they started dumping again end of july if i remember correctly
>>51125131
obviously, but they stopped (last year at some point?) and started again last month.

[Anonymous No.51126276]

The merge and tornado cash incident spells doom for Ethereum and chainlink is joined at the hip with it. The other L1's are going down with it. Traded my link bags for Bitcoin on the last pump.

[Anonymous No.51126288]

>>51124466
i-it's for the node operators

[Anonymous No.51126360]

>>51124487
>make generic post
>oh shit, my ID has SN in it
>quickly delete post
>make a new post referencing the SN that others cannot view anymore
njuSN9yy is a fag.

[Anonymous No.51126391]

>>51124790
>>51124466
what happened in september 2021? did they run out of big macs? steady increase since then

[Anonymous No.51126470]

>>51124466
bruhh im fucking dead asf

[Anonymous No.51126523]

>>51126242
Can you give a tx link?
I will have to doubt this until proven otherwise.

>>51126276
Exactly the opposite.
The finance industry just removed what they didn't like from ETH as a final step before adoption.
They are planning to use ETH like a Swift replacement messaging platform where every transaction can be traced in case an incident happens with the network.
They are trying to force the same rules on ETH as for the current banking transfers where everything needs extensive KYC and there is no privacy.

The fact that they did this just after the merge announcement means they waited for the last moment and did this as a last step to reduce resistance from the ETH community.
Chainlink receiving acknowledgement from the ETH group seems to indicate that they had some form of agreement over the future use of ETH and the implication for finance.

The attack on Tornado Cash means the finance group is taking ETH seriously while they ignored scams like LUNA and Celsius as their response was completely different to it.
It means we are close to an initial integration effort.

Where do you think those new Chainlink integrations for the next 9 months come from?

[Anonymous No.51126625]

>>51126523
dyor fagget

[Anonymous No.51126779]

>>51126523
You have a point but why not just participate in tradefi? There's inherently no advantage to choosing Ethereum over tradefi if it's is centralized, no privacy without customer service. It would be worse.

But that aside, PoS will bring along with it a number of technical problems and with that, loss of funds and more centralization. So what's the fucking point? Who wants to pay fees for a shitty centralized blockchain?

[Anonymous No.51126908]

>>51125915
>If they had money problems,
they do have money problems. Why is there such a push to sell tickets for smart con

[Anonymous No.51126933]

>>51125915
>It's a bit pathetic that most Chainlink investors failed to navigate the bull market correctly.
nigger most link holders had their stacks on bancor and celcius(sergey gave the cosign )
sergey also said that we need a global meltdown to implement everything they are working towards. Stop acting like you know anything you dense motherfucker

[Anonymous No.51126954]

>>51126908
>>51126933
Seething so hard he's in la-la land lmao

[Anonymous No.51126987]

>>51126954
>just lose money bro
>just hold until you're dead bro

you're a bot

[Anonymous No.51127021]

>>51126987
I made more money than most people on /biz/.
Jerome Powell also said he needs me to make it, so he's working towards that.

[Anonymous No.51127069]

>>51127021
all you're telling me is that you have been doing this longer then the average person. Good for you,you're still a bot

[Anonymous No.51127713]

>>51126523
>I will have to doubt this until proven otherwise.
confirmed retard

[Anonymous No.51127717]

[Anonymous No.51127956]

>>51127717
That's a hand

[Anonymous No.51128280]

>>51125078
n-word used

[Anonymous No.51128539]

>>51125942
Bro it's literally happening today.

Just google "JP Morgan tokenization"

CCIP will be used for this purpose.

/biz average IQ is really in the shitter these days...

[Anonymous No.51128626]

dumpy paypigs lose their money again?
oooohhhh too bad linkies

[Anonymous No.51128744]

>>51125623
This will happen within the next 5 years.

[Anonymous No.51128893]

>>51124814
Linkies delusional keep making new ath

[Anonymous No.51128940]

>>51127713
>>51126625
still no proof
You are just fuding because Nexo is going to officially go bankrupt soon after shorting the bottom.


>>51126779
It takes weeks 5 to 6 figures to execute an operation with counter-parties in the traditional finance where you have to go through lawyers and every participant trying to scam the other to get something done when there is a problem.
On the other side it takes 1 TX on ETH to liquidate someone on Aave and $20 in gas fees.

Even if it cost 5 figures to execute this operation on ETH, being able to see the collateral of every party in real time with etherscan and proof of stake, and instant execution would be worth it for ultimate transparency and market efficiency.
That's where the high fees for the Chainlink network and staking income will come from.

It will be a lot more profitable than the current random number generation or price feeds.

[Anonymous No.51129016]

>>51126933
They all lost to greed with an incorrect risk management.
Every CeFi and DeFi took profit from their desire to generate yield to not have to sell their own stack and didn't try to understand where that yield came from or to reduce their exposition to it in case of a failure.

How did CeFis generate yield? By shorting the token.
In that case they should have sold 5% of their stack at the top and would have made more money than through the staking income with the reduced price they get after the CeFi takes 95% of the profits from shorting.

The moment the story about Celsius recruiting a whore was discovered Celsius lost their credibility and everyone should have withdrew their funds.
That's what Sergey did.
Those who remained were blinded by greed.

As for Bancor their business model heavily relied on infinite printing and the v3 was looking abnormal compared to the v2.
It would have been a good risk management risk in that case to reduce your exposition to it to less than 5% of your capital, the same way as you would do as a trader before the announcement of a news like the earnings report of a company.
With only 5% of your capital exposed to greater risks you cannot lose more than this 5% in high risk situations, and can still come back later after the event or buy back the stocks.

[Anonymous No.51129171]

>>51128539
>Bro it's literally happening today.
>Just google "JP Morgan tokenization"
I did.
And it's articles from June.
What does this have to do with today?

[Anonymous No.51129188]

bearish thread

!!!

I have decided based on the information in this very thread that I anon will short LINK into the negatives divided by zero and with the new arbitrum release add another zero to that

I have decided to long dark anime avatars, mev, eth, trannies, furries, and has-beens.

!!!

that is all. this is financial advice

[Anonymous No.51129234]

So many shills here.
It must be a big event and they must be desperate.

[Anonymous No.51129248]

>>51124466
Cute asian waifus

[Anonymous No.51129267]

[Anonymous No.51130002]

>>51129234
when to know when to sell next time?

[Anonymous No.51130031]

>>51130002
when you see link appearing in national tv (aka good morning dear NPCs an unprecedent incomphrensible spike has happened in the crypto world elevating the price of a crypto currency named LINK to 1000$)

[Anonymous No.51130467]

>>51124494
I think1 might be a man, unironically

[Anonymous No.51130530]

>>51126058
>He thinks the money hasn't already been spent.

[Anonymous No.51130584]

>>51129234
>So many shills here.
t. 20 pbtid fudder lmao

[Anonymous No.51130765]

>>51124466
The skirt on that gentleman to the right couldn't be any shorter

[Anonymous No.51130903]

>>51124466
I have to marry the girl on the right. Who is she?

[Anonymous No.51131078]

>>51124466
I have to marry the second girl from the left. Who is she?