Here's why that argument doesn't work. LINK can be bought and sold in decimals. He carried out an ICO in 2017, and folks got to buy Chainlink at a set price. That's that.
IF >He needs more capital Take out a fucking loan from a VC or bank >He is selling tokens to partners They should buy on the open market like any legal business >He is providing tokens to price feeds They should be buying from Coinbase or any other exchange like the rest of us >He ran out of money Sell equity in SmartContract or list it on the public market aka Nasdaq
Basically, keeping the price artificially low for other businesses is anti-capitalist and it's communist. If they have to buy at $5 or $10, too fucking bad. This manipulation will catch up with him one day, guaranteed
Nolan Watson
Why did he Betray?
Kevin Johnson
>He carried out an ICO in 2017, and folks got to buy Chainlink at a set price. That's that.
so basically what you are saying... did Sergey betray?
uhhh, if he sells large reserves of it on the side to these corporations eventually they'll have the largest share and prices on these open networks will moon. what the fuck are you talking about retard
Brandon Stewart
I have a suspicion he... betray
checked and kek'd
Andrew Bailey
He betray?
Blake Johnson
>he didn't read the whitepaper also sage
Brayden Hernandez
they should be buying in a transparent and decentralized way, boot licker
OP, in your view, what should Sergey do with his coins? I feel more betrayed that ChainLink is helping China expand their authoritarian dystopia. But i also believe this Network is bigger than any single country. We are witnessing the fourth industrial revolution and fundamentally changing the concept of a transaction.
Robert Morgan
Who cares how many lambos and thots will I get with my 15k stack by 2025?
Xavier Hall
Who cares? We're living in fucking clown world. I am just happy that I get to accumulate more. If these companies bought on the market me and thousands of other neets would have been priced out literally years ago.
Matthew Perez
they should setup a smart contract and visual to show where their funds go. the most non-transparent company in crypto
Luis Gutierrez
You can't look at this stuff with any reason/logic. The ICO took in 32 million dollars. 32 million dollars 32 million dollars is enough to launch this token with 20 million to spare. but the 32 million isn't enough. They have subsequently sold hundreds of millions of dollars worth of this thing. If it is valuable as they think, as everyone thinks, this seems short sighted. I am more convinced than ever this token will NEVER go over $5. In the real world, the above scenario, people would be in handcuffs and going to prison
Charles Johnson
>implying Swift and their other partners want this. Good fud but it's not fooling anybody but newfags.
I hope Chainlink pulls every dirty trick in the book to win the defi race. I don’t give a shit about them being honest
Michael Ross
Sergey is clearly in bed with CZ and the sole reason he is dumping is to provide liquidity to this pair that continuously drys up more and more. Its probably China accumulating at this point, signs hint to this. Sergey was clearly lying when he said back in the consensus interview that he sees the trading price and the actual company as two separate entities and that he has no influence whatsoever. Why does LINKs chart look like stock chart? Because he will do anything as long as he can (in stealth mode) to make LINKs chart to not look like a crypto PnD. And this means suppressing for now
I hope serg cares about us, how much tokens do you think he giving china and corporations? 1 mil each?
Zachary Price
He doesn't care. Notice he won't ever discuss the details or any timelines. His last talk was an announcement of paying grants. Why not pay people in cash? He's looking more and more like a dishonest businessman.
Angel Gonzalez
Written by someone who has never spent a day in the real world/business.
Tyler Gray
>Take out a fucking loan from a VC or bank
How does chainlink pay back this loan?
Daniel Morales
>In the real world, the above scenario, people would be in handcuffs and going to prison
This is how most startups work. They sell a share of their business in exchange for cash.
Jason Kelly
betray because gay PepeHands
Samuel Richardson
What doesn’t sound right? Looks good to me
>t. Business owner
Jack Robinson
but wouldn't it boost the price regardless?
Benjamin Morris
If Sergey will keeps suppressing the price like a dick then there's a method on how to make money on the crabbing and dumps.
>should should should >should >should They can do whatever they feel like with their own property
Lucas Lewis
so 2020 is already half way over. lets see what the oracle integration is all about and how he is going to make the smartcon shit happen somehow or at least come up with something on the same scope (this is especially crucial at the stage this project is right now - never stopping spreading awareness) if he cant deliver regarding any of those till new year, i think it will even break oldfag morale
Josiah Rodriguez
>Comunnism So Sergey is a nazi?
Andrew Young
>keeps Oh for fucks sake I really am tired. First I'm missing entire words and now I'm unintentionally adding letters.
Gavin Hill
finally some good fud, fuck this piece of shit token
Anthony Martin
more links for me
Adrian Watson
That's literally not whats happening though, you are saying the token is a stock, it is not
Parker Myers
>take out a loan from a VC or bank and pay it back with what? What revenue? >buy on open market this is done all the time with stocks and such where it's sold OTC or given to a company >buying on exchange same point as above >sell equity holy shit smallest of small brains over here. Everyone look at the small brain. Do you understand what decentralized means? Do you think something like chainlink can work with fucking shareholders voting in a board of directors to maximize their profits? DID YOU FUCKING READ THE WHITE PAPER?
The white paper stated that a certain allotment of the tokens would be held to fund further development and network usage. This is either low tier FUD or just a smooth brain take. Either way it's unacceptable.