The volume on Chainlink shows bullish

If you look at the recent days there is a huge spike in volume relative to previous days/weeks and then a return to normality. Then another pump but this time it doesn't fall down to the 0.20 usd levels (sorry for usd measurement, I don't have time to convert).
This is a great sign... we are going to find a pretty strong support in the 0 .40ish $, and the chart looks kinda ready to explode. Seriously.
Like if someone knew somenthing. This spike in volume are whales accumulating and BTFO-ing all the swingy linky who thought LINK would have fallen back to 0.20 usd. It's like the wahles would the cheap linkies of the swing traders, used to dump at every pump.

I think we found a pretty stable support at 0.40. Maybe it's too early to say this... but it doesn't dump anymore like it did in the past... also why Binance added USDT to link?
5-10$ target during the 2019 could be possible

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Other urls found in this thread:

youtu.be/XYiEPFRHV9A?t=792
youtube.com/watch?v=SKXlVF6TsKo
twitter.com/AnonBabble

Yeah, I've been watching the chart closely for the past few days and that support at ~2.8k looks rock-solid. Figured we were going down last night when we broke trend, but nope, it just turned into a wedge and we bounced up again today.

I predict another pump very soon - volume seems like it's almost dried up (again)

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we gonna be rich buckos

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i cant wait to fuck an asian girl

I'm putting another 5K in it before end of Q1

I feel conditioned to expect the worst to survive lately. I would enjoy being wrong though.

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Remember to take your LINK off Binance as soon as you have done trading/accumulating.

The Chinks might exit scam at any moment. Do not trust the fucking Chinese I repeat: do not trust them. Tradebots of binance also use your stacks to swing and manipulate the markets.

If you do not own your own LINK in your own addressed: they are not yours.

>I predict another pump very soon - volume seems like it's almost dried up (again)
When volume is dried up (less volume) it means it's about to pump?

I don't need TA
I don't need Memelines
I'm strapped in
$1000 EOY

as soon as I get my sallary in the coming week I will bomb this chart with my hard earned wage coins

>I feel conditioned to expect the worst to survive lately. I would enjoy being wrong though.
If it falls below the 0.40$ it's only because of this bear market, but latley I have found out that Chainlink has gained popularity, the normies are about to get in. It was unevitable. I found out 2 articles on Google news talking about Chainlink in a pretty relevant blog and about its use of case, and they said ''don't buy now because it's about to dump''... this kind of fud is bullish obv.
If only we are lucky enough to have a big news we are going to be sent directly to 10$ range.... the rest is about normie's FOMO in the upcoming years, the same it happened with Ethereum driving its price to 1400$ will happen/could happen to Chainlink in 3 years driving the price in the 60$ - 100$ if normie FOMO and whales pumping

If Chainlink has a run like Ethereum, we will be looking at the 200-600$ range.

>If Chainlink has a run like Ethereum, we will be looking at the 200-600$ range.
Ok, but WHAT can drive the price that high?
Swift? Can it? Or it will only pump to 10$ and that's it?

Standard wash trading

A working, functional, mainnet driving the demand for ChainLink up through its various uses.

>A working, functional, mainnet driving the demand for ChainLink up through its various uses.
Many coins have already mainnet but fuffering the bear market

>fuffering

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Eth can't scale
Permissioned chains
SWIFT won't use it
Ari admits sgx is not trustworthy
Gonser left docusign, previously endorsed ico which turned out to be a scam (SHOPIN)
Accord and openlaw will also use rhombus, witnet etc
2/3 of supply to flood the market

Saved

>Gonser left DocuSign
Did he?

I've never seen more compact, effective FUD against the stinkys.

1 cent EOY

WE ARE ALL IN THIS TOGETHER

You left out the part where you get on your knees and do what you do. Save that brainlet.

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>Eth can't scale
can anyone refute this though?

[citation required]

still a good time to buy?

No sergey had an heart attack in mcdonalds

:)

Chainlink is climbing the ranks. Add to that a new market wide bullrun and we are looking at big numbers.

not a single argument

Not sure. I myself think these prices are very risky. Presumably, it will still take years before the Link network will be used extensively. And IMO bitcoin hasn't bottomed out yet. When bitcoin takes another dump Link will go back to 20-30 cents

Declining price + declining volume is a bullish indicatior.

Rising price + declining volume is bearish

Now imagine the entire crypto market cap as a whole growing 5-10x the size of the 2017 bubble

The market will be primed and ready for another bubble likely around mid-eoy 2020. Chainlink will be the catalyst that fuels the smart contract hype bubble which will probably peak in late 2021

The only swinglinkers getting btfo'd are retards that have no idea how to swing.
t. Made 14k link swinging 30k back and forth for the last two weeks

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Current problems are only relevant if there is a party that can take advantage of that situation before said problem is fixed.

I am not too worried about Ethereum's current scaling issues.

>Ari admits sgx is not trustworthy
Can you explain why? Me (with my little brain) was left to the fact that SGX was a great technology, anti-hacker to execute computations on some-one else computer. What is wrong with SGX?

>>Eth can't scale
>can anyone refute this though?
LINK is blockchain agnostic. Already based on that I can say that the intention of that user was to FUD. The other things I don't know, but probably the user is a swingy linky who wanted to swing trade and has been eaten up by the whales controlling the price, and fixing it to a new support 0,40cent)

>Eth can't scale
Until it can.
>Permissioned chains
This isn't even fud. Not all traffic has to go through mainnet for the token to appreciate.
>SWIFT won't use it
Insider? No? Oh, so then you're just making a baseless speculation.
>Ari admits sgx is not trustworthy
Correction: he noted that it is not without fault, as is any new tech. Furthermore, SGX will not be the only TEE. He literally linked the Keystone Project in his article.
>Gonser left docusign...
Yes he did! I guess all your industry connections just fade away after you leave your billion dollar company you created from the ground up. As for the endorsement, Vitalik endorsed crossed armed gooks. Is his expertise in question? No.
>Accord....
Not an argument.
>2/3 of supply to flood market
This is literally the only viable piece of fud you have. We'll see how it goes I guess.

>And IMO bitcoin hasn't bottomed out yet. When bitcoin takes another dump Link will go back to 20-30 cents
bah.. the market has bottomed out nigger... it's oversold as a fuck. Now it's the moment you would be supposed to DCA instead of ''waiting'' for the price to came to you, like a retarded

Remember that the only people who truly understand this project are the people who held in 2017 and through the brutal crypto winter.

They will urironically make it.

The rest of you fuckers will be lucky to catch up to us in information, and as the bullish news continues, more information will become hidden with hype and noise. Facts of life.

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>INTJs and INTPs

Cringe

>The market will be primed and ready for another bubble likely around mid-eoy 2020. Chainlink will be the catalyst that fuels the smart contract hype bubble which will probably peak in late 2021
Well Ethereum was the catalyst of the second biggest bull run in the Crypto history (the first was related to Silk road and dark net meme)
EVERYTIME NORMIES ENTER IN THE MARKET WE PUMP LIKE CRAZY.
THE retarded here often they say ''we don't need normies''....that's WRONG... we need people to buy our LINK bought for cents, for example... otherwise who do you sell to? How would the FOMO build itself? What would push the price up more than hysteria and hype?
In effect Chainlink and the real orld adoption could possibly cause a third wave of hype in the crypto market

SMEs who can’t get in on Link’s corporate airdrops but want to use the network will be obliged to buy from exchanges.

>and that support at ~2.8k looks rock-solid
2.8k what?

Nah $20-60 range your math is off

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How do you swing correctly?

It's like locking your car door. It makes stealing your car more difficult, not impossible.

I’m factoring in a market bull run.

>I’m factoring in a market bull run.
that may not happen for a while.. you have to also factor this thing, there no thing which is sure.
>How do you swing correctly?
Basically after a pump and looking RSI, MACD and news and brosing Jow Forums (yhe only place which holds LINK) and when you start to see less Chainlink shilling treads and volume going down, it would be the moment to take profit unless the whales haven't jewhish tricked you and then pump it again and you are left behind like a moron... it happens only one time, but when it happens you are left behind, no way. You should pray that while you swing trade there is no news, because one good news can make a x3 overnight, and then you are left behind>It's like locking your car door. It makes stealing your car more difficult, not impossible.
More technical details, please?

Hi I am a normie interested in the chain link project, I also interested in Stellar and Augur, what you think about?

>More technical details, please
here come da twain! choo choo!
youtu.be/XYiEPFRHV9A?t=792

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>swing trade there is no news, because one good news can make a x3 overnight, and then you are left behind

But all the last 3 pumps have all happened on practically no news whatsoever

Yeah I’m ENTP and have held LINK since 2017. I’ve also shilled it to all my normie friends who have also bought in over the last year.

My bad, I meant 12.8k (sats)

>youtu.be/XYiEPFRHV9A?t=792
brainlet level FUD

INTEL a big company would mess with the code to ruin their reputation...ahahahahhaha FUCKING FUDDER

>Not considering that Chainlink can develope its own hardware solution if needed

First of all, chainlink is a fucking meme created by Jow Forums.

>Hi I am a normie interested in the chain link project, I also interested in Stellar and Augur, what you think about?

dump Stellar, it's worthless. The partnerships mean nothing you normie... even IOTA has ''partnership'' but it's a matematically shit concept
Go all in in Chainlink

Augur can't do noting without Chainlink can't do nothing

lol if you knew about it since 2017 you should have 50-100k link by now but, its not that hard to catch up in information about LINK, unless you are a total brainlet.

I don't know that chain link is only a meme, the project is amazing, and also some years later also bitcoin and ethereum were the memes.

>Augur can't do noting without Chainlink
It's a prediction market, it doesn't need oracles.

>But all the last 3 pumps have all happened on practically no news whatsoever

Binance added LINK/USDT and Sergey speaking at a radio-conference if I am not wrong. The pumps never come out of nowhere. If they came out of nowhere that means that the whales accumulating make the price go a little bit up, but in general I get the feeling that we are close to mainnet and the 0.40ish is da new support
When there will be the mainnet we'll go probably to 1$

Ya sorry... Augur is the retarded brother of Chainlink, basically aims to do what Chainlink is doing in a retarded way. Also dead shitcoin... who cares?

>Binance added LINK/USDT
This happened during the peak. The price dumped after Binance added those USDT pairs.

>radio-conference if I am not wrong
Yes this was released 16th of January, and the price kept on dumping then.

You still have no idea what you are talking about, the pump which began January 4 and ended on January 15 before retracing to 13k Satoshis happened on no news.

There was no media, partnerships or anything huge news incoming.

Even when Chainlink acquired Town Crier, the price dumped. Stop using this shitty logic and look at the charts.

>When there will be the mainnet we'll go probably to 1$

How dumb are you? The price dumped when they acquired Town Crier. All coins/tokens whatever have dumped after Mainnet launch, Link probably will be no different.

Stop posting on this site, you have no idea what you are talking about. You are like this nigger who thinks LINK pumped because ETHA announced partnership with Chainlink, you fucking stupid pajeet:
youtube.com/watch?v=SKXlVF6TsKo

javascript:quote('12490593')

What you think about chainlink? The price for EOY? The price for 2024?

>How dumb are you? The price dumped when they acquired Town Crier. All coins/tokens whatever have dumped after Mainnet launch, Link probably will be no different.
>Stop posting on this site, you have no idea what you are talking about. You are like this nigger who thinks LINK pumped because ETHA announced partnership with Chainlink, you fucking stupid pajeet:
>youtube.com/watch?v=SKXlVF6TsKo

Ok, you're right. LINK will never pump anymore. The only project which brings decentralized oracle into the space will be at 0.20 cents even after mainnet, after announcements and so on... thanks, sold them all

I am going all in bitcoin to make a x3 in 2050

P.S. LINK CAN AND WILL moon even without bitcoin. How went Ethereum from 14$ to 300$ while bitcoin was a faggot stagnant coin?

I think the mainnet price action depends on mainnet usage, and as a corollary, node staking rewards. No network usage is a dump for sure but if theres network demand? Upwards action.

I did not say that, I am just saying you are stupid thinking it simple like that

Big News -> Big Pump -> No News -> Big Dump

It does not work like that. Chainlink has ATH:d in a bear market, it fucking dumps on good news. It does not follow logic of most projects. It has minimal marketing.

Only thing you got rich here was the whales accumulating part. I was autistically monitoring the charts and we got ourselves probably some new whales to the game too. Considering the volume, considering the huge buy walls we saw.

Lads...

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>Big News -> Big Pump -> No News -> Big Dump
>It does not work like that. Chainlink has ATH:d in a bear market, it fucking dumps on good news. It does not follow logic of most projects. It has minimal marketing.

Because Chainlink is still not a reddit coin. Give it time to became a reddit coin and you will see if it will dump or pump at news.

Are you really stupid to think that the best gainer on binance won't get noticed by reddittors?

The time to accumulate is over, now there is no time left for swing trading unless you wouldn't be the bitcoin pizza guy

History doesn't repeat itself but it rhymes, right Jow Forums?

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look at this newfag hahahha

>History doesn't repeat itself but it rhymes, right Jow Forums?
it's a clearly organic grown this chart showing point of accumulation and price suppressing. It reminds me the bitcoin chart in 2013

Now I have understood, I am a normie, but with big curiosity, I will became a nont normie very soon

>sorry for usd measurement, I don't have time to convert
Until king shitcoin becomes the world reserve currency (it won’t) OP should never apologize for refraining from measuring something’s value in Sats, pesos or whatever have you.

HOLY SHIT

Please fuff me

Kys virgin

>conveniently leaving out that the pump was just binance inside traders

>>conveniently leaving out that the pump was just binance inside traders

>he thinks this is a bad thing.... ahahah lol at you

LOL, I m not kv, but ironically I found information on chainlink in redpill forum

1. Eth will scale with POS switch and sharding. it's just a matter of time.

2. Permissioned chains completely waste the benefits of blockchain, which is to create trustless systems in UNTRUSTED environments. Permissioned networks would be way better off with centralized databases. This has been talked about to death--- permissioned blockchains are either a total waste of the tech or just training wheels for businesses to get the feel of using them and eventually switching over to public chains. Public chain will absolutely be used.

3. Partnership is indefinite right now. It must be amazing to be able to foresee the future 100%

4. If you read the article he wrote and discussed it honestly, you would relay to this thread that Ari described all security systems as flawed and ultimately vulnerable to agents with enough time, resources, and desire. Great saying: "Locks just keep honest people honest." Anybody who really wants to steal your shit, given enough resources, will do so. Even with the most perfectly secure coin, they can steal it even if it means hunting you down personally and making you transfer your it to them with a knife to your throat. But, as with breaking SGX, the time and resources required to do so are rare and prohibitive.

The point is that any security systems comes with risk but they are still used and still widely successful... people have been breaking into safes for over a century but they are still very trusted and widely used. SGX is quite secure, and moreover it is far from the last TEE that will be developed.

5. That a big "so???"

6. Oracle networks will supplement and enrich each other. The more infrastructure dedicated to oracle input, the more secure it will be.

7. It would be suicidal for CL to actually dump that supply. Not going to happen.

kek

Same pattern, same drop below the sloped support line, and even the lows were at the same time in the middle of the night (U.S. time)

Yeah, I'm thinking it's happening

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Holy kek

>1. Eth will scale with POS switch and sharding. it's just a matter of time.
don't know user.. will it scale to the point of handling a large ammount of transactions SWIFT requires?

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kys

What is this?

Kys in the meaning of?
Where I found the Jow Forums vocabulary
(I don't speak a good English and I don't know slang word)

Nah.. those are meme lines, low near to the slope... this is not true... you see it because you want to see it. Looking at the bigger picture tought it seems like a great organic grown
>tfw it reminds of bitcoin out of the stealth phase in 2013/14

>Kys in the meaning of?
k.y.s. (kill yourself) he said. That user doesn't like you. Tell to that user that you gonna hodl link until 1000$ without selling any of your linkies as soon as you see the 10$ incoming. Will you hodl until 1000$? or will you sell before along the way?

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I made a promise to Kek. I will never sell my Linkis under 1000$ and the day I sell them first thing I will buy is a marble Kek statue.

Praised be. We will all make it frens

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So you don't think ETH could ever scale to handle the transactions from SWIFT, Microsoft, et al.?

My friend and I debate about ETH being able to do it, eventually. And the utility token concept

No, buy Sergey statue

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Thank you for the translation, actually I have less of 300 link, but I want to buy 10000 link, now I m looking for other money, I don't want sell at 10 $, I dream that you nerds have reason, so I will sell at 500$ or 1000$, now also I pray kek!

>I made a promise to Kek. I will never sell my Linkis under 1000$
true marine.
Anyway I will sell at 60$ or 100$ and I will probably buy back in at 10$.

Nude Fat Sergey Statue is the official Link Marine Front Yard sign you noob...

>SPOILER
>Any Link Marine can knock on any door with a nude Fat Sergey in the front Lawn and say "MY LINKIS STAY SUPER STINKY" and he will be granted access. After showing proof of his stack of course

>My friend and I debate about ETH being able to do it, eventually. And the utility token concept
I don't know if sharding and POS can give Eth the scalability for SWIFT, I was asking to you cause I am ignorant about this

>Ok, but WHAT can drive the price that high?
I literally can't believe how it is possible for you guys to not understand what a bear market is. How are you not getting this.

Oh, they're absolutely meme lines, but at least we won't have to wait more than a day to find out if I'm delusional or not.

And yes, long-term is looking great