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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 133 KB, 2388x518, Screen Shot 2023-04-23 at 01.52.17.png [View same] [iqdb] [saucenao] [google]
54696648 No.54696648 [Reply] [Original]

Chainlink price action from May 2022 to April 2023

Thoughts?

>> No.54696659

>>54696648
Giga bullish

>> No.54696678

$7 stablecoin is the end game.
Too expensive, and oracles become impractical.
Too cheap, the network is easily attacked.
Everything is going to plan.

>> No.54696680
File: 613 KB, 1440x1244, 1666862301718522.png [View same] [iqdb] [saucenao] [google]
54696680

>>54696648
Perfection

>> No.54697306

>>54696648
9 is a monolith.

>> No.54697352

>>54696648
2 more weeks

>> No.54697444

>>54696648
Theoretically speaking, how long can this go on for? How likely is it to break this channel upwards? What usually happens after it breaks this channel?

>> No.54697478

The biggest accumulation channel I've ever seen in crypto, it took the world ending to break through that range from 6.26 to 6.03. Extreme diamond hands forming pattern

>> No.54697480

>>54697444
Checked. It can go on forever. Seething VCs refuse to buy, even at $6, because they weren’t allowed into a seed round at 1/1000th of the launch price. They literally can’t stomach buying on secondary.

>> No.54697510

>>54696648
this pattern is called "I keep accumulating and now my link stack is bigger than I ever dreamed possible back in 2017"

>> No.54697628

>>54696648
I have never seem a crypto that isnt rank 2000 and -99.9% exit scammed go sideways like this for a year straight before. Link is rank 20 and full of activity more than any other project in reality

>> No.54698077
File: 46 KB, 552x418, 164434646444.png [View same] [iqdb] [saucenao] [google]
54698077

>>54696648
El 0x0 le gana
I mean, pretty good chart anon, let's see if my detoxed ETH farming method does better

>> No.54698364

>>54697628
That’s because there’s literally no use for the token.

>> No.54698792

>>54696648
Considering I paid about $6 for a cup of coffee earlier I'd say we're right on target. Even a little overpriced atm, give it about 2 weeks.

>> No.54699085

>>54698364
Pay up.

>> No.54699098

>>54696648
A literal betrayal

>> No.54699099

>>54696648
Flash crash to next leg down or flash pump to next leg up is going to happen soon

>> No.54700925
File: 435 KB, 764x612, 9Ga8Xen.png [View same] [iqdb] [saucenao] [google]
54700925

>>54697478
>NO I'M NOT A SCHIZOPHRENIC BAGHOLDER THE ELITES ARE ACCUMULATING MY RANK 23 PREMINED TOKEN AND IT WILL PUMP IN TWO MORE WEEKS!

>> No.54700959

>>54696678
>if it gets too expensive you cant use it
it has 16 decimals. It can be $1 million a link and still be the price of a cup of coffee you fucking midwit

>> No.54700977
File: 313 KB, 2320x1146, Bildschirm­foto 2023-04-23 um 14.45.26.png [View same] [iqdb] [saucenao] [google]
54700977

>>54697444
massive breakout ahead

>> No.54702144

>>54700977
Pls i need chainlink go back above 18$ to sell. I want outta this gay ass market.

>> No.54702185

>>54700977
it could also massively breakdown as well

>> No.54702227

>>54702185
Down is the chart is showing

>> No.54702261

>>54696648
Distribution. Will capitulate down to $2 then begin a new cycle.

>> No.54702307

Way to much sell pressure now, all linkies want out. How do I know this? If the price spiked to $20 right now all of you would sell. The demoralize campaign worked and now linkies will sell at the first sign of a pump

>> No.54702410

>>54702307
I'm not selling until $1000 sorry I'm just not

>> No.54702483
File: 42 KB, 2372x510, 1672991041965019.png [View same] [iqdb] [saucenao] [google]
54702483

>>54696648
guess what happened precisely at these four instances

>> No.54702540
File: 141 KB, 680x675, 1678391704848295.jpg [View same] [iqdb] [saucenao] [google]
54702540

>>54702307
Im never selling, people will pay me to borrow my linkies.

>> No.54702544

>>54702483
BTC was rising causing a market wide pump and then retraced, taking the market with it?

>> No.54702572
File: 297 KB, 1096x1432, 1671938550181219.png [View same] [iqdb] [saucenao] [google]
54702572

>>54702544
>BTC was rising
nope
In all four instances, Link was rising and BTC was pretty much crabbing.
And each time Link was almost exactly at $9, while BTC was at different price levels each time.

>> No.54702587

>>54702572
> crabbing
> in all but one btc is rising

>> No.54702596

>>54702587
You're blind and retarded.

>> No.54704067

>>54702572
btc went to lower lows while we stood in the same range. i think this is a strong sign.

>> No.54704693

>>54702261
holy fuck imagine the pain, honestly would feel so horrible I would prefer to pay more and accumulate $link at 6 rather than $2 (I will buy at $2 obviously just saying)

>> No.54704719

>>54704067
I think so also

>> No.54704723
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54704723

>>54702572
this is what a cult is about

Cuckolds will never accept reality and would rather blame a nefarious conspiracy involving Bitcoin whales to suppress their shitty 2017 ponzi scheme

>> No.54704761

Holding link feels like wearing a chastity belt while watching someone fuck my wife

>> No.54705328

>>54696648
>>54697444
>>54697480
>>54702572

With all the autism that visits this board can't we figure out which wallets are the ones dumping the bitcoin? Maybe then find out who controls those wallets and bring them to a private Minecraft server

>> No.54705501

>>54705328
I never analyzed BTC transactions.
It's a shit protocol with a very horrible UI compared to ETH.

Theoretically all you would need to do is look at the Binance main BTC wallets and look for a large incoming BTC movement in the 16k range this week to see where it came from.
If someone can find something like this timed with the dump then it's possible to track it.

However Sergey betrayed all my efforts last year when I found the shorting idiots who didn't get short squeezed, and then proceeded to betray the community with the Linkpool rug pull, openly endorsing the betrayal.
It didn't help that he encouraged his community to get scammed by every possible Jewish scam on the planet.

Sergey manifests betrayal because he believes a system of trust can replace his lack of trust.
If he doesn't care about the community enough to stop his betrayals then he deserves more suffering.

The community is not a lot better either.
Look at the state of /biz/