New LINK testnet activity

A lot of people don't realize this it's crazy

What does quering steam means?

It means they are testing Chainlink oracles against the public APIs of these companies.

the more updates they push the more use it gets. wasn't v0.3 released a couple days ago? Seems they might be adding more functionality to it. used to be only checking crypto to crypto but now someone is using them to fetch steam prices. I think if this continues mainnet might be as big as everyone is memeing it to be

biz unironically never learns. they just got lucky some high IQ people found link for them.
This happened twice already this year on a website update, and a few times for other "news". even when sergy just tweeted for the first time this happened. pump groups used it as a chance to make a few thousand bucks out of biz because they know they can make biz fomo.

look how thin link order book is. like 30 BTC max has sent it from 0.00024 to 0.0033. lol essentially just biz is buying.

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>like 30 BTC max has sent it from 0.00024 to 0.0033.
The volume was much higher than that though.

>what is bot trading between spread

why not just use the bitfinex api for free?

Swiift checking out the steam deals obviously, kek

v0.3.0 was an upgrade to user authentication. thomas verified in the slack

>need to dump LINK bags
>post some random url into contract
>pump the price as non technical autists sperg out
>finally sell my bags

>this
Your checked dubs have determined what my node will monitor.

this is true. i've held since ICO and this is the most dead this coin has ever been.
i swing trade it and to buy/sell 10k link is a rarity at any time of the day.
Used to be able to trade 20k without too much hassle

link went up 30% because of no order book, if someone decides to dump it can do the same thing downwards

>no order book
there is an order book, it;s just there's hardly anyone stupid enough to fucking sell something that will be worth hundreds of dollars in a year or two's time.
what makes me laugh about you millenials is just how resistant you are to the bigger picture, both in crypto and in real-life.

>worth hundreds of dollars in a year or two's time
Link won't moon that much.

it's going to dump dude, i'll be there to pick up the scraps in a few days.

you guys are dumb, i did both of those queries

and apparently no one dumb enough to buy more than 1400 LINK, it works both ways from your argument
$2 is a bullish estimate in 2020 considering Sergey plans on giving away 2/3rds of the supply to companies for free. They'll be taking the supply from Sergey, not from Jow Forums it's going to take a decade for their free supply to run out

Node operators are not just companies though. And the handout won't start until the network is actually being utilized. So you are hoping the price will stay low until then? When the facts are when we see who and how much the network is being used, which will actually set the price.

The volume is down like 90% from a few months ago. Look at a chart for once in your life.

still the highest volume since mid may

Nice non sequitur

nobody cares.

There's hardly any volume in alts for months you brainlet. Everything is low volume. It was all bots with heavy volume in and out of BTC earlier anyway.

Lmao. You don't understand. Every company that gets free tokens from Sergey is then instantly incentivised to pump the price of available tokens so their own tokens are worth way more so they don't have to put in "real money" down the road when smart contracts are huge and they need large amount of LINK as collateral. Sergey is a fucking genius.

it's called wash trading between the spread price. that means, it fills no orders on the book. which means that it doesnt effect any price at all no matter what. its a way to make volume look high and super attractive to people without actually doing anything to the price of the stock or commodity.

look how thin links order book is on sell side and buy side. it takes 5 BTC make price jump 10% at any moment. thats all the pajeets had to do. market spend 3-5BTC on the website release, spam biz, create all sorts of fomo and then let biz buy up the rest, then they sell a bit while it fizzles out because it was only biz and then get made a few thousand profit.
this happens al lthe time with link, do we unironically have lots of newfags owning link now?

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Sad part is that Link can't even pump at this point. The dump is gonna be an absolute shitshow

There'll be large OTC trades most likely using smart contracts via ChainLink network between large holders and corporations, where the fuck have you been

get out while you still can

Bump

Because you know exactly how much of the volume was bots, right?

unironically yes. we can make very easy assumptions about that. in fact, i was watching the order book to try confirm that. 90% of the trades are happening rapid fire between the spread price, completely inaccessible to traders. nothing little is being filled on the books. this is unproductive volume.

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>p-please believe me
>also, Link is unique in the crypto space when it comes to bot trading

i didnt say link is unique at all. this happens on a shit load of coins. the majority of page 2 coins in fact. all this is easily verified if you have the inclination to go look. even the number of threads has declined (shillers in discord sold already) and the price momentum is slowly going back down again.

i hope you didnt buy the fake pump user. but even if you did link is a good project, wont matter in a few years as long as you buy in this range.

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