Remember when, somehow, a fuckton of LINK long liquidations (more volume than ETH itself) were systematically deleted from the records? That was wild
Remember when, somehow...
it was a real head-scratcher wasnt it?
you might even ask yourself, what would be the reason for this to be hidden or deleted?
Well whats the reason?
This never happened. Take your meds, schizo.
Aaand why are we talking about it now? Wasnt it like a year ago? Whats your point anon?
lets do a brainstorming exercise together, shall we?
feels like it was 2022/23
was it only one year ago? I remember the thread though
Well i have no idea but i personally believe that CL team is actually behind the suppression for some reason
it was the jews!
I don't remember that at all. I remember there was a glitch and some erroneous conclusions were drawn from it. No need to re-hash debunked conspiracy theories.
to hide the suppression/manipulation would be my guess
how much longer will they do this to us?
this guy glows
what reasons lead you to believe that?
indeed, but let's stretch that line of thinking a bit further.
1) there IS manipulation, everyone agrees this by now: both brazen and obvious
2) why would they 'force' coinglass to remove the LINK liquidations from the stats, shortly after triggering them? why hide their tracks? anons in here cannot do stuff beyond noticing or pointing it out
unironically I seem to remember it being a legitimate glitch. Although weird stuff like that seems to happen to Link a lot...
In any case the suppression is undeniable, the only questions remaining are:
Who is behind it?
How long can/will they continue?
and Will they get caught and charged for the felony crime of market manipulation?
Its the only logical explanation, i doubt that anyone other than SN gang could use BTC to manipulate LINK
i doubt that anyone other than SN gang could use BTC to manipulate LINK
that is nonsensical: the higher the LINK price rises, the less LINK he needs to sell to cover code and business development expenses, therefore higher LINK price leads to less dilution.
It is absolutely not a logical explanation, try again.
We have no idea who hes selling those linkies to
The one thing thats certain is that its not retail
The one thing thats certain is that its not retail
Why is it "certain"?
Because majority of retail is gambling with solana shitcoins, rest of them are stacking BTC/ETH/XRP
Theres simply no one buying LINK
Theres simply no one buying LINK
How does that relate to what you said above?
Its the only logical explanation, i doubt that anyone other than SN gang could use BTC to manipulate LINK
"If" there is "no one" buying LINK, how do you square accusing Chainlink itself of "using" BTC to supress the price of the very asset they use?
Im saying that retail isnt buying LINK, which is true
Which means that retail hasnt been slurping up Sergeys dumps
Which means that retail hasnt been slurping up Sergeys dumps
Right, that much can be true. Retail buys the tops, everytime, and follow the hype. This means that if LINK price+rank was higher that it currently is, it would lead to retail buying more and investing into whatever narrative justifies LINK ranks at that time.
And that would mean Sergey would need to sell fewer tokens to sustain income. Not that the network is still bootstrapped.
To me, the synchronized BTC dumps come from parties that have a twofold intent:
1) prevent first and foremost LINK to rise high, in the hopes that this forces Chainlink/Sergey to get rid of MORE tokens that they would otherwise need to.
2) prevents racist anon frogs from making it. it's well known that this place was the #1 place to discuss LINK way before they got to mainnet. whoever coordinates the BTC dumps KNOWS people here have stacks well over the 20k mark.
whale wallets keep accumulating. You're correct, retail has no fucking clue about chainlink, the supply is getting gobbled by whales
you're too retarded to realize you bought a 2017 shitcoin with ZERO real world adoption
muh suppression!!!11!
kek baggie
Bot thread
Given it's number 2; can they suppress the price forever? I would think eventually, Link will be so integral to the financial system and valued they won't be able to suppress anymore
Why are people paid to fud 2017 shitcoin with zero real world adoption?
see? That's exactly what i'm talking about, you're retarded and blame the shitty performance of your scammy ponzi on some nefarious conspiracy and "paid fudders"
kek baggie
makes the most sense doesnt it
easiest way to time it all with the btc dumps if you control all sides of the equation here
i am most shocked at just howm uch btc they are willing to put at risk in this here endeavor
Its possible its the LINK team/Chainlink Labs themselves. I'm actually more inclined to think its actually just JUMP Trading now because their subsidiaries/investments are in direct competition. Since they have an inferior product their only option is too attack in a multitude of ways.
They have been doing so publicly about product usage/partnership comparisons. Sure would be easy to affect price with HFT. Those who have the liquidity control the price.
They must be desperate. It would make a lot of sense considering every time there is positive LINK news any momentum is flattened. You wouldn't even have to drop the price much to continuously stop momentum whenever bullish news is released. It would be easy to automate as well. Lmao
I've seen BTC nuke in the short term almost 2 dozen times now correlating to beneficial LINK news, usually within seconds.
Then of course you can use that as a narrative to deter future speculators with paid FUD. Short and Distort has been around since the start of the markets.
So you:
Publicly attack your competition via cherry picked comparisons
Halt momentum via price attacks when they release good news
Then you privately/anonymously pay for FUD campaigns where their retail investors largely congregate using the price manipulation you engineered as the main topic point
After all that they will still fail too.
i would say for as long as they have premines to sell
it was always a risk with every premine that the devs can fuck you over like this
so they can keep this up till 2030 at current emissions
the serg doesnt care he is already a billionaire
fUD ID
Yeah the emissions don't account for what is taking place though. Many projects had inflation that was legit multiples higher and it doesn't affect price appreciation. Retail doesn't really take that into account. LINK's was actually relatively conservative. I remember seeing data posted on here that during last run it was something like under 20% during the same period that many top tokens had 75%-100%+.
Also ironically some of the best price appreciation LINK has seen was also during a period of higher inflation.
I should go through the archives there was some great posts about it with further links to DYOR.
fUD
Ok
GG
Yeah, I'm thinking...we're back!
you are missing the point it isnt about inflation in tokens correlating to gains
its about having the easy ability to manipulate things when you have 0 cost basis tokens to sell at your complete command
but they get sold once and now its no longer in your control and no longer 0 cost basis
think about it the its a stable coin periods we had meant there was a very tight correlation between emissions there when there was no macro fucking up everything and buyers
so yes someone is buying it all up on a very controlled schedule
once the emissions fall off then price discovery can begin unopposed, altho one can guess speculation frontruns it by months at least
you are missing the point it isnt about inflation in tokens correlating to gains
its about having the easy ability to manipulate things when you have 0 cost basis tokens to sell at your complete command
but they get sold once and now its no longer in your control and no longer 0 cost basis
Sure I get what you are saying here but it still doesn't make any sense that the team would sell in a way that would hinder the price appreciation of their own token. Or rather they would do so in a way as gently as is possible you'd think.
a stable coin periods
I'm not entirely sure that wasn't just general market sentiment more than anything else I'd have to do some investigation
this is my suspicion, those jump niggers, also kikes
You do it… for free?
This is a business and finance board and you’ve spent countless hours berating people about their investments for no compensation?
Becus if i buy LINK i can't do anything with it, SERGEY should remove staking caps WHO cares if the yield will only be 2% I WANT TO STAKE.
If true this is all just stupid and useless, what's the point, the JUMP niggers aint fooling anyone.
ok so you want to capture the global information economy in your network right?
You're gonna need the incumbent information and financial establishments to feel invested so the distribution cant be unfair but it has to start somewhere.
Why has LINK been sent to binance? Why not to a wallet directly?
When the network goes live we wont be able to tell who bought LINK and who was "invited in" and given LINK. No hard feelings, only buy in.
Well from what I've seen the vast majority of retail basically only buys when:
~Price is currently appreciating or has a lot recently
~They get attached to a specific narrative and really believe it, whether that narrative compels them to buy in, sell what they have, or don't buy at all. Some narratives are true though but many are just
~Someone they perceive as an authority figure or knowledgeable in the given niche/market tells them its time to buy. Or rather tells them not to buy etc
It probably has some effect
cll is the only team out there that does actually effort to hide all their statistics rather than shout them from the rooftops
let that sink in, they absolutely demonstrated that they do not want the token to moon
every other project would put a tracker of their key metrics and user adoption on their own frontpage and twatter
but with link we have to rely on broken useless third party garbage and there is a lot of obscure and very glowy shit happening on what we can see of the transactions in the explorers
this is without a doubt the most deliberately obscured major protocol there is out there right now
we can pondering its meaning but we will never know until it all goes live or comes crashing down, until then we'll continue to go mad screaming at the charts
well put, this is basically my conclusion. Jump kikes were a key player in the FTX and Solana cabal shit. Remember how they were supposedly unaffiliated with Wormhole but then decided to reimburse the 320 million dollar hack just out of the goodness of their hearts? Lol. They need to Jump off a tall building.
You're gonna need the incumbent information and financial establishments to feel invested so the distribution cant be unfair but it has to start somewhere.
Institutions just need the system they are utilizing to be fair or trustless so one entity doesn't control its processes. As long as everyone involved can use it without one group strong arming the rest its fine.
no the majority of retail went straight to the sol casino these past 2 years knowing full well its a rug emporium
its pure casino style now there is no narrative on the next fartcumcoin just another roll on the roulette wheel for people who know conventional life is well and truly over
I sometimes wonder about price suppression allowing cheaper accumulation during longer periods of distribution. If the scheduled dumps are absorbed quickly without having a large impact on markets. Like that one euroclear asian dood said in that video that one time.
Like if chainlink and all these orgs have an unspoken agreement. A thought.
Or maybe they're just trying as hard as possible using any and all means to keep as much of retail out of it as possible.
read the link white paper before embarrassing yourself again
how does security on the link network works in its final form? now you know what that anon you quote is correct and why this is so important
Didn't google do that shit too?
What about that one crypto nigger singing praises about link making dosh with major protocols?
No I mean I get that retail normies mostly buy when price goes up but the actual users/institutions do not get fooled they just use Chainlink.
ok lets play a game
all the boys who play will get candy
but only if everyone joins
the first boy to join the game gets half the candy
the next 3 get 30 pieces
the next ten get 5
everyone else gets 1
no one has any candy right now.
will the boys play the game?
The distribution of the token will always move towards being centralized or monopolized in ownership regardless. Its the nature of things
lol staking is literally to keep bagholders from selling, moron
do you really not get it even after 7 years of spoonfeeding
link isnt just another token to speculate on, its a legit utility token which you need to access the network
it will have constant churn because of that
but even then just look at btc has its distribution moved more or less centralized since inception?
no custodials arent a single holder they represent their owners