I'll tell you why it's dumping

1. People realized that the team plans to sell their 350,000,000 tokens.

2. Team is not communicating their token sale plans.

3. Team has not commented on a token burn.

4. There is now a sudden realization that the circulating supply of LINK tokens is actually 700,000,000.

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This. 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

lol you guys had two fucking years

Did not read. If you want my linkies, you'll have to pump the price to $1000 per link, at which point I am
STILL
NOT
SELLING.

No communication brought this 20x. You had your chances to sell. Invest in the next bubble, dApps, and buy CHR before it hits $1 by 2020.

its a scam. all you need to say you reddit fag

> buying link over .20

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should i sell my link?

Well, Sergey is selling his...

not even close OP in not selling

I really fail to see why tokens held by devs that can be sold at any time are not included in the circulating supply from the get go.

im gonna stab you in the head

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

No way fag

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try me prick

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Linklets like you with their 200 link stacks are the true mvps. Enjoy the dip yo

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>People realized that the team plans to sell their 350,000,000 tokens.
kek this gave me a good laugh

They're commented on token burn: They said they will never do a token burn

get fucking out

>Bunch of 4channers tried to force it as /ourcoin/

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>4. There is now a sudden realization that the circulating supply of LINK tokens is actually 700,000,000.
It's 1bil.

The team will inevitably sell them to get even richer. It's literally inevitable.

keep holding cause the devs aren't kek

This thread is good for my mental health
>Link $1k eoy !

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>This thread is good for my mental health
those are big bags
4 u

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𓀣𓀤𓀥𓀦 𓀧
𓀨𓀩𓀪
𓁹𓁺
𓀬𓀭𓀮

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>People realized that the team plans to sell their 350,000,000 tokens.
Known since ICO
>Team is not communicating their token sale plans.
not to the plebs, correct
>Team has not commented on a token burn.
Not to the plebs on twitter because it is unprofessional
>There is now a sudden realization that the circulating supply of LINK tokens is actually 700,000,000.
Known since ICO

Summer fud, worst fud, was not different last year

The real reason why it's dumping isn't just because of devs selling, it's been a no-news month so far. It'll be nice to hear what Sergey has to say on Thursday, though it's been a very odd reversal of buying the rumor about the ETH conference; usually you'd see a pump before Sergey speaks.