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/biz/ - Business & Finance

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5307179 No.5307179 [Reply] [Original]

Link is not tanking despite btc dropping hard

>> No.5307206

Link will survive the bitcoin crash of 2018. Us linkies will get the last laugh.

>> No.5307261

Its great to watch.

Cashed out my BTC at the top, loaded up on LINK at the bottom. Feeling p comfy right now.

>> No.5307291

>>5307179

Tokens that actually have a reason to exist other than speculation will survive the inevitable bitcoin crash and retain value best in the alt bubble pop. It's no surprise.

>> No.5307297

>>5307206
Will LINK overtake btc as "store of value" in 2018?

>> No.5307335

>>5307291
This is the first time this happens tho
8 days ago when bitcoin crashed, link went straight to 1000 sss (no, it's not an exaggeration go check the chart)
I wonder what has changed in these 8 days

>> No.5307433

>>5307335

That was partially whale manipulation. I was watching the sell walls get thrown up at key price points trying to suppress the price below 50 cents. And then BTC spiked hard with a bull trap which sucked some LINK gains away. And then BTC dumped, and it sucked even more LINK gains away.

I don't know that you can read much into those panic sales when BTC is flipping from a bull market to a bear market. LINK rebounded and carried on its upward trendline again fairly quickly after that dump.

>> No.5307688

>>5307433
It always recovers but everytime it does it slower and 50-100 lower. This time none of that happened.