LINK - GET READY
Get ready for the dump. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Sold at 13.2 Maximum COMFY
Buying back at 11.5
Thanks just bought 100k
> low volume pullback
> bullish
OP FUCKS
>that dead volume
yeah not gonna pump anytime soon
The whole concept of a "fireside chat" just sounds gay. Fittingly it will occur in San Fagcisco. I'd advise dumping before then. You think insiders haven't priced in any possible news that's coming? Ha.
The low volume is why it'll pump...
Looks exactly like what bitcoin did before it dumped under 6k.
No one is selling
No one is buying either, fag
Two men spooning by the fireplace with decentralized oracle pillow talk is far from gay, fren. In fact, I can't think of anything more hetero.
im buyong this lovely chepa linkies ;D
only a 2 btc buy"wall"
They can't if no one is selling
fully priced in same way fags pumped eth pre fork and got owned
BUY OR SELL?
ALWAYS BUY!
BUY and than SELL and than BUY
>sub 13k sats
LMAO STINKERS BTFO
You could have sold at 15.5k... instead you thought it would go up forever like a retard
Don't get me wrong, Link has decent fundamentals, but everything has to retrace eventually after a huge pump, but you fuckers didn't believe us
I GUESS THEY NEVER SELL, HUH
o we believe you alright :), but someone has to be the loser.
>us
Leddit is the other way
>HAHAHA YOU DIDN'T SWING TRADE
That's like saying "hahaha you didn't eat a big plate of literal dogshit this morning".
dump to 11.7 k to 12.3 k. Pump to 12.8 k to 13.1 k then dump again to around 11 k. Consolidation then upwards.
Cap this.
>premined coin
>no one is selling
sweety pls
chainstink is an actual scam. if you analyze it whatsoever and see the sudden spikes in volume it’s easy to tell there’s a lot of market manipulation. dont fall for it and lose all your money to the whales
Exactly. Plus according to the whitepaper LINK is capped at 50c since only then will big banks invest in it. Read the whitepaper
Wtf I hate link now
>fell for the meme meme meme meme
0/10 fud. Banks don't invest in Link, they pay Fiat to Chainlink to complete various Smartcontracts transactions, the price of Link is irrelevant as it goes out 16 decimals. Link is the reward system for Nodes. Quit spreading bogus bullshit.
Sure it doesnt effect the user, but what about the node operator, how are the going to deal with the fluctuating price of link?
They're going to be motivated to do a good job and help build and maintain the reputation of the network and thus the value of the token.
I’ve read it numerous times and this is bullshit.
They also have the option to cash out in Fiat at anytime they believe it is appropriate. No different than any other company that is subjected to variances in Fiat or any other investment.
Classic pump for no real reason. Sell now and buy back in sub 10k sats
Tell me one vital reason why it pumped the last week? If you can't answer that, than sell and rebuy
>Tell me one vital reason why it pumped the last week?
Because this deserves to be much higher in the CMC ranking based on its current merits?
Link had been on a constant uptrend for months when Bitcoin shat the bed in mid-November. The current evolution is simply the extension/recommencement of that interruption.
You really aren't keeping up with things, are you?
The reputation system was built for the purpose building trust, but it doesnt stop an early adopter neet who bought millions of tokens and decided to dump them to devalued the token in order to attack the system. Imagine you staked an x amount and then suddenly now that amount is worth half the value of the collateral this will open up for a major attack. No matter how hard they tried, it isn't going to be easy.
and i hope this system is automated.
Priced in
Bags out
I'll be right out
You're a fucking retard the white paper says $1 not fucking $0.50. It's page seven I think. Referenced as a cup of coffee if I recall.
Would not surprise me if there is a designated exchange for this purpose, which will likely be involved with managing and overseeing due diligence of node operators. May even be SWIFT, since they likely have significant ownership in Chainlink.
Hi, i sold all my eth for this at 14k, because my friend said it was gonna be the next ether. Did i get scammed? Should i sell and buy eth again? Thanks
why would trust an user on a Mongolian basket weaving forum over your friend?
It wasnt really a friend. More like a telegram group. I dont really know much about chainlink, but i have real faith in eth, so maybe should just put it back there im thinking?
i think you should, if you havent really done much research.
there is nothing gay about making more money, user.
>uses a plate.
How much $$ did you make off LINK? Cause I made a hundred K so far.
Rich people can do this with literally any asset.
From oil to milk to stocks to gold to fiat.
You’d be fucking retarded to sell link now. You’ll see in a few hours :^)
Idk what way it bounces but i have a feeling the volatility is coming back very soon. Not selling either way
hmmmmmmmmmmmmmm
why?
The bollinger bands are tight. It will either break out or shit the bed soon.
>its either going up or down
Wow great analysis thank you friend
God technical analysis is so fucking stupid
based linkies
What makes it pop, are we waiting for bots to decide? code, math, probability calculations
Or is it a human that triggers it in any direction?
he saying major price action soon, the triangle is coming to a close. hes not your fren either
Yes
>t. doesn't know how to trade.
You don't use TA to predict you insipid cunt. Once a line breaks, you can use that for confirmation of whatever pattern you think was forming, then you trade from there. You don't trade before the market moves, you trade WHEN the market moves. Now get the fuck off this board.
Well the bots aint going to decide fpr themselves, someones gotta flip the trigger, but by this point it might not be worth it to them to gamble their LINK like that, the market is catching on and most people are holding their LINK.
That’s because nobody who already has a stack is buying until whales can pick up coin between 21 and 32 centavos.
If this is truly just a shit project, then I don’t understand why factions are fighting to shakeout as many neets as possible from having a legitimate foot in the door to the 4th Industrial Revolution.
now, look at the previous pumps that link had, and the preceding volume.
uh oh no no no swinglinkers BTFO'd
This problem with staked LINK being devalued needs to be addressed. Please spread my answer so that this can be nipped in the bud. I have heard one answer that I cannot verify, but makes sense: your staked link is not simply a fixed amount stored in the smart contract, but rather an amount you commit to paying to if your node misbehaves or fails. The amount is in any denomination and it calculated in LINK at the exact moment if and when it has to be paid, disallowing any price delta.
Even if this is not the case, any smart contract worth its salt would have the ability to calculate a range of variation in the price depending on the period of the contract (let's say LINK is projected to fluctuate between .1-.11 BTC over the course of a month) and require an amount of staked LINK reflecting the possible bottom of that price range.
But this is still a moot point. If LINK is adopted and used the way it is intended, LINK will slowly filter into the hands of people actually using it for staking rather than speculating. Even if it takes a few years, the majority of link will be held by stakers and eventually the possibility of proportionately huge dumps on the market will disappear. The token will find a more stable value relative to and defined by the usefulness of the network, and this price delta problem will go away.
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team
Trail of Bits has their ducks in a row , do you ?
It's just an elaborate shill campaign. Nobody actually owns this coin.
Thats the exact pattern bitcoin was in when it fell down past 6k to 3k. Volume increased and price fell. Ta says there is a 70% chance of breaking down and 30% of breaking up. Of course link is easily manipulated and this pattern is occuring on a time frame if a few days so really anything could happen. Some 1million+ link owner could draw his name in the price chart if he had a good bot.
t. low IQ average ChainLink buyer.
>Ta says there is a 70% chance of breaking down and 30% of breaking up
lol, how do you figure this? other than XYZ pattern and arbitrarily assigning a 70-30?
Look guys I’m only going to say it once link in capped at 50cents for testnet and 15cents on main net the entire reason Jason parser was hired by sergay was to find a sustainable decentralized economic model for smart contracts, one that is cheap easy and fast, and yes it is fast enough that you can order a Big Mac with it. Read the white paper
you idiot, its a 60 minute chart in a giant bull trend
Next week is unironically the start of the golden bull. Link is the initiator :^)
IT'S PUMPING
it's pumping guys! sergey activated the pump!
Irony
>haven't bought Link in weeks
>finally decide this is the dip better buy now
>transfer BTC to binance
>this pump just happens now
Jesus fuck I hate crypto. I hate investing. I hate accumulation. Fuck this happens every goddamn time. It's like I can predict pumps with 100% accuracy. Whenever I decide it's time to buy that's when it will pump.
THESE ARE HIS MOST POWERFUL NUMBERS
>try to buy
>bank declines my transaction
Fucking KIKES!!!!!!!!!!!!!!!!
Same here. I absolutely expected this to happen
Checked the mighty 7's
KEK HAVE SPOKEN!
it's up 3%. you faggots are hysterical
Your butthole hangs loose like the mouth of a tired dog.
>he doesn't know
>blocks your path
See you guys at 12.5K sats. Not enough momentum to break out of the wedge.
God I hope so, I need to buy more
>he thinks ichimoku matters
>red cloud of despair
OOOOOOOOOOOOOOOOOOOOOOHHHHHH
Keep buying user be a hero for the rest of us.
> what does he know
...
Things you don’t. :^)
Nah I'm waiting for the pump to be over, and have a buy order anticipating a wick. I've got a fairly decent stack already. I just wanted to make it a nice even round number before Link gets too expensive. Now I either have to wait for it to come down to what it was when I sent the BTC. Or buy some extra BTC to send over to make up for the difference. I can feel mainnet coming soon.
how many do you have
I’ll say this: DO NOT SWING
A few hundred shy of 57k. It's not huge but I am a neet right now so I think it's fairly decent. I've got savings left over from when I used to work, and could bump it into the 60k range if I emptied my bank account into it though. I just regret not doing that last month when it was 20 cents. I'd have reached Colonel with over 75k. I thought BTC would crash more though.