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/biz/ - Business & Finance

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53919768 No.53919768 [Reply] [Original]

What was the reason for that big ass dump 7 hours ago?

>> No.53919774

>>53919768
I went to the indian buffet for lunch

>> No.53919780

>>53919768
chainlink released some news

>> No.53919816

>>53919780
Nobody cares about your token at all, even on /biz/. It's not being suppressed. It's old as shit and has zero hype. It's actual proposed function and utility, coming SOON, isn't interesting to most crypto buyers, and the being a wallet of 500million team dumping tokens would scare off any sane speculator.

>> No.53919827

>>53919768
chainlink released functions
>>53919816
shut the fuck up you gaslighting jew, the jig is up, literally everybody that has been longer in crypto than a few months realized by now that the whole crypto market only revolves around keeping link from breaking out

>> No.53919881

>>53919827
>THE CHAINLINK SQUEEZE HASN'T SQUOOZE. BERNIE CAN STILL WIN. THE PATRIOTS ARE IN CONTROL. TRUST THE TOKEN. TRUST SERGEY. TWO MORE ANNOUNCEMENTS TO PARABOLIC THE CURVE.
A generation of gullible mongoloids.

>> No.53919898

>>53919827
HA Trumpanzies are so cringe.

>> No.53919955

>>53919881
>>53919898
you can gaslight as much as you want, i wont sell. in fact i just longed this morning.

>> No.53919964

>>53919816
price cares

>> No.53919976
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53919976

>>53919816
>Nobody cares about your token at all
Vodafone, Mastercard, R3, IBM, Tata, Swift, AWS, Google Cloud, Deutsche Telekom, half of crypto, ... all disagree lol

>> No.53919979

>>53919955
Do whatever quietly, penniless homosexual.

>> No.53919983

>>53919780
>>53919827
these

>> No.53919990

>>53919976
Woah!!!
The price action must be crazy! I'm so excited for you guys.

>> No.53920011

>>53919990
Even you care about Chainlink.

>> No.53920012

>Chainlink
>Built on Ethereum
So buy Eth? Got it.

>> No.53920014

>>53920012
>>Built on Ethereum
nobody tell him

>> No.53920025

>>53920011
Never under estimate the power of being down 90%.
Close your eyes and imagine you didn't buy erc20 scam tokens at ath and brainwash yourself into "never selling". And then shut up and stop invading every thread with your retarded gme tier conspiracy bullshit that you linktard faggot baggies suck directly from each others assholes.

>> No.53920036

>>53920014
anything else besides eth copy paste jobs?

>> No.53920038
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53920038

>>53919768
Very clearly one big player dumping everything. There aren't many players in the world who have $4B in crypto to begin with, so it's a short list. Perhaps a bank or exchange liquidating to pay the wolves at the door.

>> No.53920042

>>53920025
Everyone predicted a major BTC dump after this week’s news.
Not our fauot you have the pattern recognition of a mollusk.

>> No.53920047

>>53920036
lol, cope

>> No.53920049

>>53920038
that's not how market cap works

>> No.53920052

Linkers piss me the fuck off.

>> No.53920063

>>53920052
t. midwit reddit troon

>> No.53920065

>>53920063
Fucking shut the fuck up. Shut the fuck up.

>> No.53920067

>>53920047
lol, unable to answer

>> No.53920068

>>53920042
You were down 6% yesterday after the amazing TWO MORE "PARTNERSHIPS" announcement anyways before the whale even dumped. You're looking for shapes in clouds because that's easier than admitting your not good at crypto, when that's the only thing that made you smart and special.

Maybe you should try doing something yourself instead of letting a Russian con artist "make it" for you?

>> No.53920074

>>53920068
>You're looking for shapes in clouds
I’m looking for Bitcoin dumps after Link news.
And guess what.

>> No.53920076
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53920076

>>53920067

>> No.53920079

>>53920065
thanks for proving my comment, you can go dilate now

>> No.53920085

>>53920063
that’s gold coming from a link bagholder

>> No.53920086
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53920086

>>53920068
>You were down 6% yesterday after the amazing TWO MORE "PARTNERSHIPS" announcement
Bitcoin did spend most of yesterday going down.

>> No.53920092

>>53920049
I'm showing market cap because it was a broad fire sale, not just dumping of one coin.

>> No.53920094

>>53920085
way to out yourself too, could you kindly help your fellow troon with dilating?

>> No.53920095

>>53920074
Again. You were down 6% after the announcement before the dump even happened retard. Maybe you should learn to read a fucking crypto chart if you're going to let token salesmen handle your future for you?

What did you think? There was going to be 24 hour delay between chainlinks 1000th fake partnership announcement and a moon trip? Pro tip newfag dummy: crypto moves on inside trading before REAL announcements and dumps on retail afterwards. Link hasn't moved at all, unless you count bleeding down since long awaited ponzi-staking.

>> No.53920097

>>53919768
reddit says it's the silvergate fud

>> No.53920099

>>53920076
>here are some icons. all are copy pasted eth though

>> No.53920123

>>53920095
>You were down 6% after the announcement before the dump even happened
See >>53920086

Link gets news, Bitcoin dumps.
Tale as old as time.

>> No.53920126

>>53920099
Even if they are all copy-pasted ETH (quod non), they are not ETH and buying them is not buying ETH.

>> No.53920135

>>53919768
Jews, probably.

>> No.53920183

>>53920126
>w-well, the existence of bootlegged copies doesn't speak for the popularity of the original, i-it means nothing

>> No.53920195

>>53920097
Then it’s time to buy
Silverkikes are exactly who we thought they were. Why would btc be down on that news?

>> No.53920219

>>53920183
The post I replied to said you should buy ETH instead of Chainlink.
Buying Matic, Fantom, Harmony, ... obviously is not the same as buying ETH.

>> No.53920249

>>53919768
Black people

>> No.53920264

>>53919827
>my shill coin can beat up your shill coin

>> No.53920271
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53920271

>>53919768
I shorted before the dump. No, we're not done yet.. maybe. We are technically at a key support level, but it's more likely we dump more because jews might try to chop me.

>> No.53920274
File: 3.41 MB, 312x302, 1677838346412.gif [View same] [iqdb] [saucenao] [google]
53920274

>>53919768
>Op asks a legit question about the dump
>Thread gets highjacked by Chainlinkers to avoid answering the thread seriously.
Great deflection guys.

>> No.53920279

>>53920271
*but it's more likely we dump more, BUT jews might try to chop me.

>> No.53920281

>>53919976
vaporware

>> No.53920285

>>53920097
reddit is fucking retarded
>>53919768
Look. The main reason is because we got rejected from 25k. Simple as.

>> No.53920335

>>53920274
Are you insane?
Chainlink is THE primary indicator for BTC price action.

>> No.53920378

>>53920335
Linkies stopped being funny 2 years ago.

>> No.53920387

>>53920335
In your -90% burnt and twisted imagination. If it were true, you could easily make up for the horrific and unspeakable losses you've suffered holding chainlink through the crypto Golden age by always opening a short on btc and link when Sergey makes a blog post.

Of course, you could just leave the short on link open perpetually, because it's an alt that had its run already.

>> No.53920391

>>53920387
>If it were true, you could easily make up for the horrific and unspeakable losses you've suffered holding chainlink through the crypto Golden age by always opening a short on btc
You don't say anon.
You don't say.

>> No.53920401
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53920401

>>53920378
posted without comment

>> No.53920403

>>53919768
The jews.

>> No.53920441

>>53920401
Whoa, you just discovered that alts follow BTC price movements.

>> No.53920455

>>53919768
Don't dwell on that jeet. But the dip on udo and qanx or fuck off

>> No.53920485

>>53920401
Imagine being this retarded.

>> No.53920491
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53920491

>>53920401
Sergey gets hungry when LINK poomps and since the LINK price (and liquidity) is so shitty nowadays he also needs to dump some BTC to finance the McFeasts (and the army of hookers dressed as Ronald).

>> No.53920503

>>53920441
don't be silly, you know it's true

>> No.53920520

>>53919768
Because crypto is shit, lots of hacks going on.

>> No.53920521

>>53919768
We're going back to $10k. Enjoy the ride retards. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

>> No.53920524

>>53920441
More like BTC is dumping on Link's resistance lol

>> No.53920529

>>53920441
That's why I'll always stick with quantum resistant blockchain and DiD management projects. They've got beat of the alts.

>> No.53920548

>>53920491
Who's this fat pig?

>> No.53920562

>>53919768
I don't care about shits, I'm getting a cash back while using Utrust payment platform.

>> No.53920577

>>53920520
Don't get panic anon, Self custody is the new way to go

>> No.53920660

>>53920521
As someone who shorted before the dump, you're retarded. Even with the last upcoming discount, you retard nocoiners STILL won't buy LMAO

>> No.53920676

>>53919780
This. When you see something happen so often it usually is a sign that it may be the truth.

>> No.53920697

>>53919816
The team is going to dump the equivalent to the entire circulating supply this year.
My target price is between $4 and $3.
Anyone holding this coin without a clear exit plan is a fool.

>> No.53920715

>>53920219
>Buying Matic, Fantom, Harmony, ... obviously is not the same as buying ETH.
Obviously not, considering all those three are reliant on a 3/5 multi-sig wallet to function. Harmony is already dead, the other two will follow suit soon enough.

>> No.53920865
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53920865

>>53920076
None of them is quantum resistant. So they are all gonna die off faster over time

>> No.53920932

>>53919768
I don't fucking care, buy signal, avax, ore, kcs.

>> No.53920948

>>53920012
I always prefer multichain solutions on top of self-custody.

>> No.53920985

>>53919976
cringe

>> No.53920993

>>53920441
It's the other way around

>> No.53921000

>>53920441
Kek

>>53920520
There are a lot of security improvements in the space, particularly through privacy and DiD, don't be retarded.

>> No.53921117
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53921117

>>53919768
Built in, nay... _pre_ _programmed_ _minor_ price correction.

>> No.53921143

>>53919768
Why is this thread full of some link fud? Last year or so this shit has been buy everytime it's <$7. Just tp some when it's >$8.

>> No.53921904

>>53919816
LINKcels really think the market moves based on their rank 20 something irrelevant shitcoin. It's hilarious.

>> No.53922295

>>53920520
Imagine what will happen if it combines with quantum hack? The crypto with the best security should be quantum resistant

>> No.53922338
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53922338

>>53919976
>LOOK AT THESE PATNERSHIPS BRO
helloooo? are we still in fucking 2017?

>> No.53922379

>>53919768
Because you didn't find Sergey Nazarov 53914493

>> No.53922438
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53922438

>>53922338
>enterprise adoption bad

>> No.53922695

if i had to guess, some institutional player uses an algorithm to trade, someone plugged the Silvergate bank news/increased risk profile into the algorithm, and it told them to de-risk so they turned part of their portfolio into stablecoins/cash which caused the dump we saw

based on the time it occurred, there is a better than even chance this player is based in asia-pacific region, maybe singapore.

basically some analyst somewhere decided that risk of crypto taking a leg down in the next days/weeks was elevated so they de-risked, and that analyst works for someone who plays with billions not millions.

>> No.53923079
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53923079

>>53920865
And only those that implemented the primary recommendation of post quantum cryptography from NIST are safuu

>> No.53923318

>>53919768
ETH Denver started.
>https://twitter.com/lebed2045/status/1631474168922517505
The lyrics on screen say “dudes” but I’m sure that girl mostly said Jews

>> No.53923665

>>53919768
silverbank, and more generally, the whole banking system cutting on/off fiat ramps to crypto

>> No.53923714

>>53919768
I bought

>> No.53923764

>>53920529
Cellframe and Qan will be leading this trend

>> No.53924509
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53924509

>>53923318
wow, that was bad.

>> No.53926285

>>53920076
And there's no identity management project there? DiD is the future.