>The devs are market dumping millions of dollars a day to hire new people
The devs are market dumping millions of dollars a day to hire new people
Jaxson Scott
John Bell
1 LINK = 1 cup of coffee
Bottom soon
William Davis
imagine pumping a shitcoin to 4 billion $ evaluation with CEO telling you in whitepaper he will dump his 70% of supply on your head,
Grayson Baker
When you acquire a company, the people in that company are now on your payroll.
David Wright
>smart cities
Angel Hall
That's why BTC will always be king
Levi Morales
huh... really makes you think.
William Howard
Zachary Mitchell
Yeah, I love it when the miners dump their coins on a weekly basis
Gavin Murphy
>he knows
Hudson Miller
There are energy costs and financial risks involved when it comes to mining.
Sebastian Perry
checked. link 1keow
Kevin Price
Unfortunately we won't hear about this for awhile
Isaiah Ortiz
>Vitalik sells nearly 25 million from his personal stash
>"I sleep"
>Sergey sells nearly 9 million for company expansion
>"OMFG HOW DARE HE????"
Oliver Long
>crypto is not a scam for pedos and heroin dealers
Logan Edwards
Wtf u mean that if I buy a company the people in there won't work for free for me now that I own the company? What a bunch of communist shit.
Aiden Foster
Yeah. But running an emerging tech company out of SF doesn't have "energy costs" and "financial risks", right?
Justin Walker
>he people in there won't work for free for me
It takes a VERY special type of person to do it for free...
Blake Richardson
This is what gives me hope. They've been talking about expanding, and obviously hiring more Chainlink team members is a part of that, but there are other ways to expand and grow a company...
Nolan Reed
Are they still dumping? Fuck off Jow Forums i let you asshats talk me into buying this at 3.60. I should have stuck to my guns that this was never gonna make any real gains for years
Elijah Ward
It did make real gains. I 10x my money on my stinky link pile. Thanks for cashing me out.
Jordan Taylor
you going to look back at this and wonder why u worry too much for so little
Nolan Hughes
Lol try explaining that to the smoothbrains that are panicking
You can tell they’re almost all exclusively wagies or students and they’re not familiar with the dynamics involved in operating a business
Oh and all the students say how they plan on retiring before 30
HAHAHAHAHAHAHAHAHAHAHA
Jose Nguyen
Imagine not being smart enough to do that yourself
Leo Hernandez
and image of pepe and a greentext. I cant believe how effective it works
Asher White
>I should have stuck to my guns
lol what guns
you have no conviction
especially since you're blaming others for your situation
Isaac Anderson
The gun im gonna put in your ass m80
Elijah Allen
>The gun im gonna put in your ass m80
first make sure to suck down the barrel and pull the trigger to ensure it works
Adrian Foster
You can't mine LINK. They're work-in-progress utility tokens created by a central entity with the push of a button. The business is like a state that inflates the supply with dumps for profit. You have to trust them, Bitcoin doesn't need trust, it doesn't belong to anybody.
Oliver Williams
>You can't mine LINK.
The fuck does that have to do with anything?
So only companies that "mine" have "energy costs" and "financial risks"?
Landon Gray
WHEN THE FUCK DOES HE FINISH DUMPING TOKENS SO I CAN RE-BUY?!
Justin Taylor
The creation of Bitcoin has risks and doesn't involve any company. Tokens are a bit like Disney Dollars, you need an exclusive utility for them like Disney World. You must hope for the success of Chainlink but the token atm is worthless.
Nolan James
>The creation of Bitcoin has risks and doesn't involve any company.
Yeah sure, Bitcoin miners today aren't companies.
Uh-huh.
You're squirming so hard lmao.
Gabriel Davis
Bitcoin is not a company, just like Gold is not a company. Chainlink is, and they're responsible for the supply.
Zachary Hughes
>Bitcoin is not a company
We were talking about miners.
My god, user.
Dylan Gomez
Anyone got the event dates for link?
Ayden Anderson
They should be hiring new people that genuinely believe in this shitcoin, and paying them in chainlink not USD.
How does an alternative to currency still pay its employees using dollars.
Makes you wonder about the longterm commitment.
Dylan Thompson
>paying them in chainlink not USD.
They are, lol.
James Lewis
It is no longer a matter of belief. It is happening as we speak.
Christian Jackson
Jul 17 SF ETH Dev Meetup
Aug 2-4 trufflesuite/Microsoft
Aug 19-21 Web3 Summit
Sept 12th Binance US Ban
Sept 14 PSD2
Sept 15-19 Oracle Code One
Sept 23-26 SIBOS/SWIFT
Jordan Brooks
Maybe I am retarded but how is the coin dumping?
The link should just be changing wallets, how does that affect the price negatively?
Jason Rivera
1k eod
Jaxon Miller
What happens to price if supply suddenly outpaces demand? How many 700k drops have they done?
>maybe im retarded
Yes you are.
Jordan Rodriguez
>using fuckloads of electricity just so speculators can trade your shitcoin back and forth with each other never actually using it to buy anything or producing anything of value
>meanwhile Chainlink will automate entire industries and usher in the 4th industrial revolution
Luke Cook
oh boy
1) we're not dumping any more than the overall market, since we're still No. 16
2) it's possible Sergey is just moving those 700k batches around without selling a single one
3) when people see those linkies moving out of the dev wallets, them panic selling could impact the price
Caleb Taylor
>i will confirm that you know he knows
Bentley Ward
its not him being smart, there are thousands of crypto scammers out there, he got lucky to find a group of absolute morons to buy it from him
Luis Murphy
Nah bottom is when it's the price of a banana
John Reyes
do you think that he will shove 1 billion $ worth of erc20 shitcoin up his ass or sell it and live like a baller for the rest of his life?
Mason Brown
Your chart is accurate except where a drop occurs at new paradigm.
Austin Hughes
What?
Angel Lewis
They’re market selling. This eats into the buy orders on the order book and pushes price down. It’s the same idea as when a whale dumps the price by selling, and is why people tell you to ladder your sales.
Tyler Sanders
Link's price hasn't dropped more than the rest of the market.
Still rank 16.
Caleb Mitchell
>says he will be hiring 8 new people
>needs to sell off close to 10 million to fund them
really makes you think
Caleb Martinez
Thanks for the explanation
Colton Bell
>careers page is still full
So ummm, who have they hired?
Brandon Williams
There's more to developing a company like that than just hires you moron.
Also, say they hire just the 8 people, at something like 150k (this is fintech in SF).
That's 1.2MM just for one year just for those 8.
Plus about 25% overhead, making it 1.5MM for one year.
And I'm sure they're going to make sure they can pay them for more than one year, so let's say they create a 3 or 5-year buffer just for those 8; making it 4.5 to 7.5 million USD just for those new 8 hires.
And then there's the team and staff already in place.
And then there's the licencing, legal, consultancy, designers, marketing, partnership fostering, events, ...
Not to mention the fucking gas, electric, water bills lmao.
A dozen or so million is absolute chump change at this level of fintech.
Lincoln Howard
they need "time" to "hire" "people" (exit scam)
Julian Hernandez
It does not make you think at all when u consider the companies bought and the running costs of offices. Making sure there is enough cash flow for an expanding and growing company is fucking textbook, noob
Mason Cox
lmao, they're not just going to jump on the first guy that presents himself with a tie you idiot.
Management recruiting takes weeks or even months.
David Morris
>And then there's the licencing, legal, consultancy, designers, marketing, partnership fostering, events, ...
Forgot the fucking downtown SF rent.
James Perry
You keep telling your self user, and do what you like whilst u keep telling it to yourself... I donÄt get why you are envious of people making money with link though?