>outperformed by everything once again
Outperformed by everything once again
You have to wonder why at some point.
>hurr durr muh shitcoin sergey betray token not needed
Seriously though. It is painfully obvious that it is the most undervalued project in all of crypto to literally every single person in this space who knows what they are doing. Who is keeping it down?
Me. AMA
>It is painfully obvious that it is the most undervalued project in all of crypto to literally every single person in this space who knows what they are doing
Are you gay?
I've explained this to linkies so many times but they fail to understand. You play against other market participants and right now the majority of market participants only care about short term gains. This is why literal ponzis and shitcoins can moon 100x and the crappy EVM chains that host them go 10x, because they are the gambling chips needed by the market to participate in the shitcoin casino.
LINK does neither of those things. It will not 100x from here in any short period of time and it does not allow people who hold it to gamble on new projects.
If you're investment horizon is years in the future then I'm sure LINK will be a good hold as it will probably survive the inevitable altcoin holocaust but right now it's obvious that the current market participants does not have a big interest in it.
well, heres the thing. Link has the same capacity to change the space that ethereum did. Just as ethereum added huge functionality in the form of smartcontracts and dapps, chainlink provides a similar expansion of functionality by allowing those smartcontracts and dapps to securely input and output what would normally be non-secure data.
I agree with your point that the reason it is not booming is because its a long term hold in a short term market environment. However, I believe it is going to explode in the same way ethereum did the second staking comes out. Right now chainlink is a half finished product. Theres all sorts of neat functionality they've added to it over the years, from verifiable randomness to the upcoming ccip launch. But until staking comes out nothing about the project is "real" yet. When it does come out this year, we are going to see some crazy shit. staking is the last psychological milestone for the legitimacy of the project. Once it is achieved, everything changes.
>muh staking
how will you linktards cope when staking pumps it 2x and then it falls back to where it was before, kek. You will be stuck bagholding, you will cope and you will seethe. Screencap this
I hope so. it could also be a gigantic nothing burger, it all depends on usage and adoption.
Is this you, user? Why did you sell the absolute bottom of the bottom, or how did you, that shit is impressive.
drinking, lots and lots of drinking...
I understand exactly what you are saying, i am not expecting 100x by tomorrow. The fact that it underperforms EVERYTHING ALL OF THE TIME, is what makes not sense. It should follow BTC or ETH, like everything else, but it doesnt.
How much LINK do you hold?
Not me, I sold around 26$ when the bullrun was clearly over. Link will not be at those levels until the next run
How much did you sell?
it doesn't because the current market participants are not at all interested in LINK. Just because it's a lower mcap than BTC and ETH does not mean it must outperform them on pumps. BTC can solo-rally as it is doing right now while ETH, as I've mentioned before is a gambling chip for the ponzi casino which will likely start up again soon so people will happily accumulate it.
Its literally the only coin in the top 30 that consistently pumps the least and dumps the most without fail. You cant say theres no other projects in the top 30 that meets your arbitrary hype metrics besides LINK. I agree with you for the most part as to why it doesnt go on insane runs, but there is clear evidence of active suppression if you watch closely enough. Heres a pretty egregious example from a while back. These are 1m candles.
>And before anyone starts sperging about 1m candles being worthless, i dont watch them for TA purposes. I check them when some fishy shit goes on and sure enough LINKs chart has anomalies. Usually isolated to a single exchange but not always the same exchange. Lets not forget the Binance literal zero wick of 2020.
Really think about this chart though. 3 times, in the span of 3 minutes, someone sold large quantities of link for $3 to $4 dollars under market value. That was literal hundreds of thousands(maybe more) of dollars wasted by not waiting all of 10-15 minutes to space your sell orders. If their goal was making money, which is every single investors goal, this behavior makes no sense. If your goal is to artificially lower the price, then the profits lost by this maneuver dont matter much.
>Bought
>up 30%, didn't sell
>big down happens down 10%
>Bought
>bigger down happened
>bigger Bought
>Even BIGGER down happened
>Even BIGGER Bought
>Most Biggest Down Around
>Dig that shiggidy shig gonna shlurp that wig
>goes up 10%
>still down 10%
You never lose money if you never sell and average down, don't tell me you went all in all at once? I slowly buy in over time the amount I want.
didn't you all get the memo? Sergey is in jail in Thailand...
Hi Michael.
It's just a 2017 shitcoin that had its run. All the 2017 shitcoins preform the same how hard can it be to understand? Check, DASH, NEO, XMR even LTC...
id color checks out
you won't make money if you don't sell