Their bots are struggling to suppress the price. STOP LETTING THEM USE YOUR OWN LINK TO DUMP ON YOU. Pull it off somewhere secure.
TAKE YOUR LINK OFF BINANCE
BUMP
bump
How the fuck do bots use my LINK to suppress prices? It's not like they can put in sell orders on my behalf. Saged
i dont want to risk using wallet because year ago i already got hacked of my 4k xrb when it was worth 30 dollars. i stored it in my computer , i thought it was safe, id rather trust CZ on this one, sorry
>STOP LETTING THEM USE YOUR OWN LINK TO DUMP ON YOU
Literally wat
This is actually good advice. Binance is using their wallets to manipulate the price and have been for over a year.
Your binance wallet amount is just a digital number. It is not the actual amount of link in your wallet under your control. You don't have the private key to it. They are giving you a number that represents how much link you have while using your real link to manipulate prices.
it's kinda of my hedge in case my house burns down though. knowing my luck if i listen to you fruitcups my house will burn down tomorrow. don't want that.
On Binance you don't have a personalized Link wallet. Whatever your holdings on there are just a number. Whatever is held on Binance by users is just piled up in different Binance wallets. This gives them tons of liquidity to suppress and manipulate prices with their bots. By withdrawling your Link, you're depriving them of a bit of that liquidity.
True. A year ago we emptied their hot wallet I remember. Kek.
anyone got a guide how to take my stinkies off. i got 17k and scared to fuck it up
thanks frens
orrrr you're daring the Lord to burn your house down.
Have an external wallet to send to first off. If youre this big a brainlet use Exodus Eden.
You can use MEW, but I would recommend getting a Ledger (DIRECTLY FROM THEIR WEBISTE). It's an erc so you can store it in the Eth wallet. Just be really careful before you send anything, make sure you know what you're doing first
Stop it CZ, you need to stop suppressing Linkies. We are anointed by Kek
don't listen to these morons, private wallets are so much less secure than keeping your tokens on an exchange. unless of course you trust your own security protocols more than a legitimate business's
private wallets are only good in theory until you actually think about the infinite numbers of ways you could end up losing everything because you listened to some DON'T TREAD ON ME types
This. Send a miniscule amount first time to make sure you dont fuck it up. Like 1 LINK
Or just memorize your seed like a normal person and you can't lose it.
Well the way I see it, the few who would lose it if all Link was held off exchange would be miniscule compared to if Binance got hacked and everyone loses everything. The point for this though is to reduce the impact their bots have on price suppression
Lmao it cost 10 link to send 1 link. Not worth it
Sure, the withdrawal fee is like 10 Link (the cost of a small home) but you'll feel a lot worse if you don't do a test send and end up like squirrel user
Binance shills in full damage control now. TAKE YOUR COINS OFF EXCHANGES they are manipulating price!
>spend 10k USD (in 2019) to send 1k USD (in 2019)
THIS
I was there, and took 80% of my stinky stack off of Binance and into my paper wallet. It was glorious.
>mfw actually was among the agitators who called for the run on the binance hot wallet
>not putting in another $1 to make up for the $10k you just spent
Pretending like Binance wouldn't suppress the amount of LINK even if they didn't have enough in their hot wallet to give out
Bump
you do realize you can check the amount held on the wallet on etherscan, right?
Nah, if it's your "Link wallet" on binance I don't think you can.
just put your 24 words in a fireproof envelope. Maybe put a copy in a safe deposit box. viola.
I took 20k link off binance during the biz exodus. Withdrawals were frozen for a few hours. This was when binance was thought as a chink scam
are you retarded?
go check your address on binance and check the amount held on etherscan
binance has their own link from fees, they don't need our link to supress the price, if they wanted to
why binance hate linkies, why binance not want me to make it, why
they make an average of 12k link a day form the LINK/BTC echange alone, not counting all the BTC they make from the rest of the trades on the exchange
in a year that's more than 4mill link, and I repeat, that's not taking into account what they could buy with BTC or the fees from LINK/ETH
or the withdrawal fees
point is they don't need to scam you, they're already making millions a day
Binance defense force in full swing! Take your coins off exchange and see what happens to the price.
heres a little tidbit for you. Binance is going to run their own CL nodes with their profits.
You mean with other people links
HAHAHAHAHAHAHAHA
No...with their links they made off their bot swing trading the fuck out of it and manipulating the price out the ass.
do whatever you want m8, I'm just using logic here
btw, that could make some sense when 99% of the volume was on binance, but bithumb has practically the same volume than binance nowadays, are you telling me they're collaboarating to wash trade with the link on both exchanges just so they can accumulate a token which they alreayd havemillions of?
and putitng their reputation on the line?
get real... not everything is a conspiracy to fuck you up
Nah, the address you're given on binance doesn't hold coins/tokens, it just instantly transfers them to one of Binance wallets when you deposit to it.
I manually looked at ethsplorer before under the Link holding wallets, mine was not listed. I'm telling you, there's no individual wallet for a binance user where their funds are stored. Check for yourself
be me
never had heard of this b4
can i transfer to MEW?
Looks like I’m buying a ledger to keep my stinkys, is it easy to store them on there?
also does it burn some of my tokens to transfer out to mew?
i know it takes ETH to transfrom from MEW. not sure how it works going from an exchange with a token
what anout a nano ledger user?
The withdrawal fee for Link is 10 Link I believe. Make sure to do a test send with a tiny amount before transferring your whole stack. And look up how to store the private key safely
There will be a minor transfer fee, yes. Link can be sent to MEW or any Ethereum wallet that supports ERC tokens.
If you get one make sure to get it directly from the manufacturer only.
Yes, ledger works with MEW
>The withdrawal fee for Link is 10 Link
LOL what a scam
USE IDEX
stop trying to make people FOMO if they take it off exchange and the price continues they will then panic and redeposit/buy more
noob question. been trying to get back into metamask and it never fucking loads after I put in login/pw... do I need to 'restore with seed words' or some shit?