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/biz/ - Business & Finance

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55849989 No.55849989 [Reply] [Original]

The red circle is when the S&P500 suddenly plateaud and then reversed a 10-month uptrend.
That day is July 18th, 2023.

Guess what happened on that day.

>> No.55849998
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55849998

>>55849989
something jewish

>> No.55850003

who cares?
you're a retard cocksucker, op

>> No.55850018

>>55849989
That was a day of mass reports, everything from labor to output for MoM, but the fed paused rate hikes a month earlier. The difficulty with this question is that there were a lot of reports--which data point is most significant?

>> No.55850045
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55850045

>>55849989
>>55850018
I guess it couldn't get through this supply zone from March 22

>> No.55850048
File: 68 KB, 1358x553, 1677834811688924.png [View same] [iqdb] [saucenao] [google]
55850048

>>55850018
I'll give you a hint, this same event has happened before.

Pic is when the S&P500 suddenly reversed over a year of uptrend.
That day is January 1 2022 (or at least the next market opening day which was January 3)

>> No.55850098

>>55849989
germany recession, netherlands recession, some country announced recession on jan 1 2022 i guess

>> No.55850100
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55850100

>>55850098
The Germany recession thing was two months prior.

>> No.55850102

>>55849989

Probably something something Chainlink. But please do tell me OP, I'm curious about the events.

Also, my guess would be that there is no consiperency, but that Chainlink just excels at picking the worst possible time to release features.

>> No.55850114
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55850114

>>55850102
>Probably something something Chainlink
ding ding ding ding
The OP pic shows the release of CCIP, the second pic shows the staking announcement.

>my guess would be that there is no consiperency, but that Chainlink just excels at picking the worst possible time to release features
It's certainly possible lol

>> No.55850116

>>55849989
They announced Trump as the target of a Justice Department investigation related to Jan6.

>> No.55850145

>>55850114
okay I'm officially done with biz this place has become a total shithole.

>> No.55850149

>>55850145
Are you saying I'm lying about the dates or something?

>> No.55850170

>>55850149
No moron he's saying that the most densely traded stock index in the world isn't influenced by some shitty /biz/ shilled shitcoin project

>> No.55850172

Your crypto BS isn't important

>> No.55850173

>>55850170
>influenced
Quote me where I said that.

>> No.55850179

>>55850172
t. not a bank

>> No.55850181

>>55850114
yea...you should kill yourself

>> No.55850183

>>55850170
Is it still a fringe theory if it's true?

>> No.55850187

>>55850173
Quote me where I say you literally said 'influenced'.
In >>55850173 >>55850048 you say the S&P 'suddenly' plateaus/reverses, and next you post that on the dates something happened with Chainlink. I hope I don't have to explain the semantic meaning of that to you.

>> No.55850193

>>55850181
see >>55850149

>> No.55850194

>>55850187
should be >>55849989 and >>55850048 but w/e

>> No.55850201

>>55850193
Lol you are fucking retarded, that's not a reply to what I said at all. Fuck you and your stupid thread, I'm out of here - enjoy trading the S&P based on what chainlink does, and enjoy flipping burgers

>> No.55850202

>>55850187
>>55850194
>you say the S&P 'suddenly' plateaus/reverses
That's quite literally what happened.

So where am I saying it's a causal relationship?
Should be easy to find.

>> No.55850205

>>55850201
>that's not a reply to what I said at all
Good because I wasn't replying to you.

>> No.55850207

>>55850202
Your only retarded retort is 'WHERE DID I SAY THAT' when the SEMANTIC MEANING of your FUCKING POSTS is clear jesus christ you shouldn't have dropped out of high school low iq inbred imbecile - YOU SAID IT IN THE LINKED FUCKING POSTS

okay got it out of my system now i'm really out.

>> No.55850219

>>55849989
>Guess what happened on that day.
The quandrex are published to subscribers. Duh

>> No.55850229

>>55850114
Jill yourself

>> No.55850348

>>55849989
I bought s & p quality etf that day, enjoy watching it go to zero now :)

>> No.55850369

>>55850207
>the SEMANTIC MEANING of your FUCKING POSTS is clear
How is that?
I literally only pointed out that two things happened on the same day. And that this happened a number of key times.

Obviously when you simply point this out, the human brain immediately tries to establish a causal relationship. But that's hardly my fault.

>> No.55850478

I like the way you think

>> No.55850488

>>55849989
Do you remember Chainlink's first failed breakout when Powell shat on the markets during his FOMC meeting?

>> No.55850502

>>55850488
When was this?

>> No.55850520

>>55850502
last year in September...

>> No.55850532

>>55850502
One day after Eric Schmidt appeared in the SmartCon...

>> No.55850582
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55850582

>>55849989
recession may be imminent, but at least I did what I wanted with CHIKUN, I'm leaving with my pockets full lmao

>> No.55850586
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55850586

>>55850532
kek I don't have a pic for that one.

I do have Link pumping and then Bitcoin dumping from flat after the announcement of Schmidt speaking at Smartcon.

>> No.55850695

>>55850586
Powell shat up the markets and gave the last push after that....

This seriously needs to stop.
With CCIP released we should be very close to big adoptions and massive increases in usage.

It's pure clown world that the manipulation continues.
There is no limit to their greed.

>> No.55850797

Why is everyone so retarded? S&P didn’t dump to keep links price down, Sergey dumped millions of link when the S&P reversed, most likely to get more fiat for his company for a longer runway.

He probably has indicators that show S&P reversals and then it’s dumping time when they flash. The worst enemy of a linker is the chainlink team you fucking buffoons

>> No.55850859

>>55850797
>Sergey accurately predicts S&P trend reversals

haha k

>> No.55850995

>>55850859
>Sergey accurately predicts S&P trend reversals
>PJ Roberts Digital Asset Manager at Chainlink Labs
>Previous experience: Senior Financial Analyst
>Identifies key market trends and investments to align with market trends
>Monitors custodial, operational, liquidity & regulatory risks based on Treasury policies
>Actively participates in recommendations for crypto & global fiat cash management
>Manages fiat liquidity needs and assists in up-keeping the Chainlink network.

>Chainlink predicting global trends is somehow less likely than one of the biggest world’s financial index dumping to keep linkers poor.

You massive fucking baboon nigger. Chainlink is dumping on you and you have a smile on your face. Wake up.

>> No.55851020

>>55850995
Sergey predicting S&P dumps and releasing big news just prior to them is literally schizoid mental breakdown-tier.

>> No.55851119
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55851119

Look at you fucking transexual faggot trolling everyone here. God damn the day y'all arrived here, that's the true recession trigger.

>> No.55851201

>>55851020
Yeah man, the employees Chainlink hired specifically to handle their link/fiat treasury and analyze market trends would never hedge properly and dump at key inflection points.

>> No.55851230

>>55850995
Why is he wage slaving then if he can predict BTC dumps with a 100% accuracy?
He would be a billionaire right now using those skill to trade...

Almost as if those BTC dumps are entirely manipulated and unpredictable for non jewish outsiders?

>> No.55851261

>>55851201
>dump at key inflection points
You mean "release news before key inflection points".
Which makes no sense whatsoever.

>> No.55851312

>>55851230
>Why is he wage slaving then if he can predict BTC dumps with a 100% accuracy?
When the fuck did I say they can do such a thing? I said the Chainlink team has analysts whose jobs are to hedge and manage their link/fiat treasury, dumping link at (but not only during) key economic inflection points in order to have a longer runway so that the company can stay operational even during bad times. When these inflection points flash, they’re correlated with an overall economic downturn where multiple assets dump. It looks like the S&P dumped at the same time link did because these indicators affect every type of assets. You’re just seeing a direct relationship where there is none. Chainlink is only connected to the S&P by the type of indicators financial analysts use to hedge for possible economic downturns.

>He would be a billionaire right now using those skill to trade...
Sergey is a billionaire. More specifically, the company under his control is worth billions. There are 500 million tokens under circulation, guess who sold the other 500 million?…

>Almost as if those BTC dumps are entirely manipulated and unpredictable for non jewish outsiders?
Go back to pol nigger

>> No.55851336

>>55851261
>You mean "release news before key inflection points". Which makes no sense whatsoever.
I said nothing regarding releasing news. Chainlink releases information regardless of the economical situation during their conferences. Traders sell the news and that caused link to dump.

>> No.55851339

>>55851336
>I said nothing regarding releasing news
Well that's what the thread is about.

>> No.55851351

>>55851339

Learn to read >>55851336

>> No.55851363

>>55850114
yes retard, it's link above 5$ that caused the covid crash, not the other way around.

>> No.55851367

>>55851312
Wow what a genius to start selling LINK under $5 when it made a new low!

>> No.55851369

>>55851351
Anon, the thread is about the S&P500 reversing its uptrends right when key Chainlink news drops.

>>55851363
>the other way around
The covid crash caused Link to be above $5? top jej

>> No.55851412

Hahaha, they are dumping the S&P now to suppress the Link price? Hahaha, you guys are beyond retarded.

>> No.55851427

If Link breaks $10, I'm afraid Putin is going to launch nukes, hahaha

>> No.55851468

>>55851367
>Wow what a genius to start selling LINK under $5 when it made a new low!
Chainlink labs has billions of $ in link. Dumping a measly 7 million link at $5 would mean $35 million in their treasury, which at 100 employees paid at 100k each, would mean 3.5 additional years of runway. Now imagine how much runway they currently have with the multiple dumps they’ve done before.

I know your nigger brain doesn’t understand why a company would hedge and sell link at $5, in the same way you cannot understand why someone with a thousand dollars wouldn’t immediately buy the most expensive pair of Jordans they can afford, but I can assure you that companies are ran by people with long time preferences, unlike you.

>>55851369
>Anon, the thread is about the S&P500 reversing its uptrends right when key Chainlink news drops.
You’re a retard lmao, this is a low point even for biz

>> No.55851486

>>55850114
jfc dude get a life your shitcoin was a pump and dump its time to move on.

>> No.55851505

>>55851468
>You’re a retard
I posted literal proof.
Both at the staking announcement and the release of CCIP, the S&P quite literally reversed months of uptrend. To the day.

>> No.55851584

>>55851505
hahhahah yeah man, I’ve noticed that on days the S&P index dumps my dog takes a shit. My dog taking a shit is causing the S&P to dump! WOWZERS!

>> No.55851594

>>55849989
yield curve inversion

>> No.55851616

>>55851584
The staking announcement and CCIP were arguably the two single biggest news events for Chainlink these past few years.
So yeah, if your dog only takes a shit twice in like three years, and on the same two days the S&P500 reverses months of uptrend, you'd probably take note of that.

>> No.55851698

>>55851616
I think the BTC dumps are accurate. I think the S&P just are coincidence. You know how when the markets tank everything goes down

>> No.55851713

>>55851698
>I think the S&P just are coincidence
I think so too. At least I hope so.
It didn't help Link in any way though.

>> No.55851721

>>55851594
Wrong. Chainlink.

>> No.55851824

>>55849989
Indiscriminate rugging

>> No.55851894

>>55851616
Totally man, totally

>> No.55851910

>>55849989
The day the Fed banned themselves from owning/trading stock, then, rugged. It will be Congress and Senate next, then full collapse.

>> No.55852658

>>55851616
Fuck these haters anon. If I saw my dog only poop the same day as historic S&P500 trend reversals, you bet your fucking ass I'd start trading on my dog's shit schedule.

>> No.55853293

>>55851616
>version 0.0001 of staking is a big announcement
i mean i hold chainlink but come on man

>> No.55853481

>>55853293
Unironically yes. Nothing had happened during the two years prior.
Which is why Link pumped from $20 to $28 even while Bitcoin kept shitting the bed for days on end.
And then the stock market crashed.