Link is being heavily suppressed right now, it shouldve broken out on the green arrow...

It's probably because the Dev's are slowly dumping at least 700k- 1.4mil Links into the market, which they chose a really bad time to do and dwindled any gains we could've had from hype.

Your lines is a meme, under a week till breakout

Why would they dump now? if it was the case they just had to wait this breakout and then dump for much more?

Actually what if the devs are the ones dumping the price on purpose for their usual anti hype approach? What if the people suppressing the price are the chainlink team members themselves? Who else has millions of link tokens to burn?

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Why would a dev that was paid in link as a financial incentive cash out 3+ million dollars?

Gee, the mind wonders!

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Because every currency that is printed by the federal reserve is being suppressed. At least that's the argument, as to whether or not it actually is up for debate, but that's why they say such things.

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>TA
>should statements
Kys

Fuckin whales. They can't keep getting away with this...

One billion dollars market cap.
They are accumulating before the price catches up

we broke the triangle downwards.
its over...

I have no idea, I'm just guessing since they moved that much from one of the Dev's wallet to Binance. and then there was this statement Sergey today.

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Fug. Feels bad user. Why would the devs dump if any good news was coming soon. We going down. Gentlemen, it’s been a pleasure.

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Time to sell

he doesn't

Yeah sell when its dumping so I don't an buy more

You have to look at this as one of the most, if not THE most legit projects in crypto. Everyone learned their lesson in 2017, there is no room for shit projects anymore. Look at the team, look at their results and their partnerships and just be patient. Crypto is a cruel and exciting space, but hopefully in the next few years it can get the credit it deserves and early adopters will reap the benefits. Godspeed user.

how do you know?

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didnt know about this one, would've never entered this trade

no doubt about the long term but I'm a trader and this is fucking with me, shouldve been one of the easiest trade..

Is it going to rise at all?

My best friend is a poorfag but under my tutelage we managed to scrounge together a 6000 stack for him. Mfw he told his wife and all his friends that he owns link. Haven't told a single other soul about it.

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>he doesn't know

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I'm not too worried at the moment, it'll bounce back and we will most likely stop crabbing once we get some more news, but that most likely won't be until August. I'm in this for the long haul.

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The price is inherently cought. Divide the current market cap by 354mm. You now have the price of a link. Buy Low sell high user, that's the best advice I can spare.

>but I'm a trader and this is fucking with me

If you're not in the green from LINK I don't think you should be swing trading. Doubles over the course of two days and then goes down by 20% and remains stable for over a week. Scamcoin volatility sweeping between all time highs and all time lows in seconds to trigger stop losses, followed by a final drop to zero over a few hours, should by all accounts be eating you alive. You could have easy moded LINK due to the discrepancy between Binance and Coinbase prices alone; I didn't because I know I suck at swing trading so LINK is a longterm hold.

I just started trading link recently. if the trade doesnt go my way it doesnt matter thats how trading works, this PA is just disgusting and I wanted to share.

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BAAAAAAAAAASED

he is giving you a chance for cheap links ,

sergey knows link will go up from here.

thank him

>he is lacking critical information

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This. Ta is obvious bull flag. Bots must be surpressing, taking profits in that narrow range.

>He is lacking fundamental knowledge

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well what I said about the dev's or one of them dumping is only speculation on my part. it could be a whale doing it too who knows, but yeah something is definitely suppressing the price.

I'm fine with the stack I got so it's just waiting for August and September for me.

but how can bots surpress on coinbase

wont they get fucked by uncle sam for doing shit ton of trades?

>it's being suppressed gys!!!!!!

... while the dev team (and non-retarded early adopters) steadily and systematically drain their holdings into the hands of suckers.

Classic and obvious Wyckoff distribution.

Linktards ACTUALLY BELIEVE that a fucking data-scraper is not only going to stay at these levels, but go more than 100x from here!

took me a while to get into link, but you should still get in after a x10, link is easily going to stay in the top 10

nah, coinbase hates the gov as much as we do, why do you think they use disposable link deposit addresses when you deposit your link,

its so that it will be almost impossible to track in the future

gotta go back, gotta go fast

Don't trade link you fucking imbecile. Hold it. You sound like the faggots who were swinging BTC back in 2013

Imagine swinging something that will be 1K eoy

imagine selling at 2$ only to find link at 3.50 next day holy fuck i would actually kms.Imagine the swingers who sold at 2 $

Imagine the announcement could be literally any second. people who waited and got buttfucked by google were rekt

music festivals

>not just buying at 3.49 and selling at 3.51

47385793 57284618 92828475 47361746 38204738 56295837

I have a bag and I'm trading it at the same time because the PA was beautiful, untill today

>link is being heavily suppressed right now
It doesn't matter what anybody thinks of any coin. It goes up until it goes down. The higher it goes, the harder the fall. Sell now.

retard alert

Agreed I sold my 11k bags today. Not worth the weight.

literally this

It's because bitcoin is about to moon to $16K as the anemic shitcoins continue to bleed

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