***DEV WALLET FUNDS STILL GOING TO BINANCE***

You forgot to subtract mine from the citculating supply.

why dont they pay the devs from the 32 million worth of eth they got instead of their giant link stash?

Attached: futureOfLINK.png (1000x998, 1.79M)

They need to suppress the price of course, a $1 LINK would completely defeat the pourpose of the token.

Greed makes people blind.

Dis.

I think they are keeping partnerships etc under wraps. How are you meant to know where those tokens now end up?

You guys are nuts, deluded even

This makes more sense. If it were not that, we would see a price dump, and not a high volume moon.

welcome back my dude

isn’t WA a gril
either that or a guy with ~penmanship~

hi WA

it'll pop off soon

Does anyone have a link that explains how original ICO tokens were distributed? I’m aware that they reserved a bunch of tokens for “development” but not sure if they ever said why they split it into a certain number of wallets. There are 8 original team members listed on the website so maybe the one wallet that sells to Binance is actually simply to pay for salaries, office space, etc? Maybe it’s Sergeys wallet. I always assumed the “dev wallets” were for the advisors listed but actually never read anything about that.

It could actually be Sergey’s wallet and that diagram I drew could represent other, new team members being paid in link tokens/choosing to convert to fiat

This would make sense, so yeah anyone got any info on that?

35% are allocated to node operators. And the 30% remaining that belong to the company aren't exactly liquid. The more tokens they sell the less direct stake they have in the network. There's a strong incentive for the project to hold onto the vast majority of their tokens.

So the biggest wallet is for the node operators and the other ones are for what? Did they make a press release about that?

>Token distribution
>35%—pre-ICO (up to 50% of token sale supply) and ICO (the rest)
>35%—ChainLink Incentives Fund to incentivize node operators
>30%—SmartContract ChainLink, Ltd. to be used at the company’s sole discretion

My guess is that it’s from the 30% to be used at the company’s discretion and they’re using it to pay for staff etc.

Still doesn’t explain the network of wallets, some leading to Binance and some not, that almost seems like obfuscation. Really makes you think

what does it make (you) think?

Thinking about thos lambos

This

You are fucking braindead if you think they are dumping

you call this fud?
$1000 eoy try change my mind

Attached: 1508457409625.jpg (1280x822, 529K)

Fuck this FUD, everybody knows that Link needs to be the same price as a Big Mac to work correctly.
>$3.57 EOY

just letting you guys know it's going to drop to 5k soon

you belong in a garbage can you stupid piece of shit.

it's ok user I found the info, still couldn't find anything about why the tokens were divided like they are though

pls notice me and by my gf!!!!

Attached: peperakstunut.png (657x527, 37K)

user you are too desperate thats not how you get a gf

Attached: 1516961453843.png (657x523, 18K)

>devs moved like $6000 of link around
>OH FUCK GUYS THEY'RE EXIT SCAMMING MARKET SELL EVERYTHING RIGHT FUCKING NOW

Thanks kind internet stranger for having my best interests at heart!

Attached: 1523332905048.jpg (1305x651, 268K)

fair enough, it did drop after he posted that, missed the target though

I think it may have been a self fulfilling prophesy, since Jow Forums owns a sizable chunk of Link. A few people got fucked over though, so if you really do want to help people, please provide evidence for your arguments (TA, inside info, etc.). Otherwise you are actively causing damage to people who did nothing wrong besides trusting somebody they shouldn't have.
And what would be some names for that "somebody"? Do you want to be that person? You're better than that, user.

extremely overbought and against a resistance line
I'm not saying it's going to drop 20% in an hour but it will drop for sure today

Squirrelbro?

There you go! And agreed, there is definitely going to be a retrace at some point. Personally though, I think 5000 might be a bit low, although it does fit the 50% retrace rule of thumb that most coins follow. People have been holding their Linkies closer lately , so a 25% retrace from here would be about 5250.
It just keeps going up though!

Attached: 1523091019301.jpg (756x1118, 208K)

Prepping for the exit scam, all the signs are there.

>extremely overbought
why do you think it's overbought?

Is it bad that I see an upside to an exit scam being that I can load up on cheap Link?

this has to be bait

>I'll just buy more :^)

Good thread

For now, but once it goes live the highest price possible makes the most sense for the longevity of the network.
Billions of IOT devices exchanging data 24/7 will pay .00000000000000001 link per call.
This price will be the equivalent of $.005

no offense walletautism but i agree with this guy. I say it every thread. we appreciate this and this is good because at this point I can no longer be bothered to do this service and explore the addresses, but your analysis and knowledge of chainlink is pretty abysmal. stick to the facts.

give her a break, she's a woman after all

oh shit anyone remember the woman who blogged about chainlink news every week? what happened to her everybody suddenly stopped mentioning her

MA's JUST crossed on the 1 day after months of getting dumped on

Yeah I'm sure they're dumping their ICO tokens. SUUUUUUUURE

Also this is like 4 addresses removed from the dev wallet. This could literally be anything. It probably is just a hire selling because they were sold in tokens.

You made it sound like the 5 dev wallets are sending more to binance right now directly when that is not the case at all. Those tokens weren't in the dev wallet for weeks...

Big sell wall is getting attacked right now!

she got weak hands and sold her Chainlink