RED ALERT: COONBASE OUT OF STINKERS

Sergey to the rescue with another 700k

But how fast will that get eaten up

This appears to be the case

so what your telling me is that coonbase went to binance and bought the link there
and your telling me they probably use the binance api to automate this so you can buy even tho they dont acctually hold any link and just buy them in time?

wow

dont underestimate this.

I tried too and my withdrawal came from a binance wallet. If link keeps pumping and more people want to withdraw they will run out of link.

panic will ensue, more people will try to withdraw link, withdrawals will have major delays. message will spread, more people will try to withdraw other shitcoins.

this could cause a bankrun on centralized exchanges with coinbase being first and ultimately could result in a big happening.

do not underestimate this. withdraw your link from exchanges NOW.

thank god i hold 10mm $SLINK

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someone made this thread yesterday how important is it that i withdraw now, if they are oiut doesnt that mean i can lose my stinkies?

etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db

Probably why Sergey sent 500k just a week after doing it last week

Spread it boys. Once the exchanges run out of liquidity the price will blow up.

DON’T KEEP YOUR LINKIES ON THE EXCHANGES. ITS ALSO UNSAFE AS FUCK

SPREAD THE WORD TOO

Correct, and any wise user should do it anyway to get your link off exchanges.

wtf are you even talking about fudder?
why would there be a delay in withdrawls? they buy the link JIT on binance.
How do you derive that there will be "major delays" in transactions? did i miss that somebody has started another cryptokitty somewhere?

Summon Wallet user, we need verification and implications of this.

Noticed yesterday how they locked out LINK couldnt buy any(price froze at 11.28, while it pumped to 13.41) and when it finally came back online, there was a time period you couldnt even convert it for other crypto currencies.

seems to be true why else would that Link come out of Binance and not from Coinbase themselves?
how much are they actually holding?
moving Link away from exchanges has been a trend for some time now
there is a chart somewhere that shows that exchange wallets are bleeding Link and its been going on for years

>doesnt that mean i can lose my stinkies?
doubt that this would happen but they could restrict access to your Linkies, you wouldnt be able to move them or it would take a long ass time.

guys i have 35k link on Huobi... should I withdraw? I never did KYC because I'm american so i have a tiny daily withdrawal limit

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Coinbase is my only way to cash out idgaf I'm not moving my coins

as a newfag who only uses coinbase, what other exchanges exist?
and if I were to move my link, would I move it to a personal wallet? or one of those other exchanges.

cexs could all run out of link. check the viewbase history, cexes are almost out of linkies.

do you think coinbase would confiscate my 18.9 linkies???

Shouldn't that mean link is worth more now? Based. $1000 EOW

How about locked on Aave lend ... that is smart contract so they can't be taken .. right?

>doubt that this would happen but they could restrict access to your Linkies, you wouldnt be able to move them or it would take a long ass time.
your implying that the exchange double spends any amount of their traded volume
big statement if you provide 0 evidence of a precedent

This is good because it will cause the price of link to explode right?

And bad because you won’t be able to get them off of centralized exchanges because they won’t have enough for you to withdraw right?

Getting Mt Gox vibes

That makes me a bit worried. What's the most retard proof way to store my link? Keep in mind I use Coinbase because it's retard proof for people like me.

this already happened you dumb new fags
binance ran out of link and they stopped link withdrawals, i think late 2017 or early 2018, cant remember

what a fucking idiot

Why on earth would you leave your stack on a Chinese exchange? Get it out of there as soon as possible.

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no, only 1 wallet drained. They had other wallets.

now explain to me why any reputable exchange would risk losing their credebility over link when they handled btc and other higher valued comoditys for years now

What's a good all in one wallet? I have many different coins and I want them all in 1 place

Sup tard.
Once coinbase runs out of LINK how will they get LINK from binance that has stopped withdrawals?

what happens when supply cant meet demand?

fuggit, gonna risk it all and keep my 18 link on coinbase, see what happens.

Is Aave safe ??

they can't take them from there right?

kek genius

the amount of retards who cant even use an eth wallet is astonishing jfc

I get it, you’re a paid chink CCP binance shill. Take your meds

Check this for getting a feeling...

app.flipsidecrypto.com/cooperative/chainlink

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nice larp, anyone with that amount of money isn't retarded

if coinbase asks to buy your stinkies, tell 'em you need 1000 each

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Unless you’re a burger who can’t fucking use a VPN there is no reason to be using Coinbase instead of Binance.
Have fun buying at a big markup

>35k link on huobi
kek nice bait, surprised anons are biting.
You need to have a negative IQ to do something like this.

this could actually be what happened, all i remember that "funds are safu" and link withdrawals were disabled for a decent period of time which was caused by massive fud catalyst on biz

i decided to get my link out of coinbase vault and put it on exodus. vault takes 2 days, not interesting if link goes super high in the future.

Whales start dumping at higher prices ...

Or they all
>race to the bottom

they dont risk it consciously, they made a big mistake. its not fud. if it happens, its good for links price, but bad for cexes and people who hold it on exchanges (idiots).
dexes are the futures anyways, its only accellerated.

>convert your link into another coin in coinbase
>withdraw

how is this a problem again?

>1000
I'd ask for a minimum of 2000, might as well ask for 81k

cant provide proof of anything so you go for name calling?

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Moving it out of coinbase doesn't even matter unless you eventually plan to cash out p2p. If they took link away from you that's a guaranteed class action lawsuit and you'll end up with a fuck load more money than you would have had anyway while also not being taxed on it as hard.

Not fucking worth the movement fees unless you're some dumb swing linker

how do i do this?

new fag here

i have about 1k linkies on coinbase?
your saying i have to transfer these coins to another service?

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I don’t need proof. I got trips.

WHATS UP CHICO ARMY I JUST DISCOVERED COINBASE RAN OUT OF LINK ALL ON MY OWN

MAKE SURE TO UPVOTE AND SUBSCRIBE DON'T FORGET TO CLICK THE BELL

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How can they run out of Link unless they are doing things they aren't allowed to with it? Coinbase is very regulated.

All orders are done as a swap. if there is no Link nobody will have any sell orders for people too buy from and vice versa.

Literally just created an Exodus wallet and moved all my stinkies off of CBPro

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God I love this board

You think a few autists moving LINK away from coinbase will even make a dent on Binances mammoth supply?

Theyre buying from binance to fill orders, what’s so hard to understand?

in the last 30 days almost 4m link left exchanges and its been like that for several months
viewbase.com/exchange

if you think this is fud youre an idiot. stop being lazy and withdraw your link from centralized exchanges, weve been telling you for ages. that way they cant use your link to fuel shorts too. just. withdraw. your. link. from. centralized. exchanges.

is it so damn hard

Bomperino

but I want them to short it, I want link to plummet, I miss the days when there were only 14 of us here posting.

just withdrew all the LINK i have on Cuckbase thanks for the heads up guys

Is Exodus any good?

Why the fuck is anyone holding any serious amount of anything in an exchange wallet anwyay? Does nobody remember Mt Gox?

>oh no goyim we got "hacked"
>sorry about that

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bait

I'll help you out newfag...get a hardware or paper wallet asap

If someone bought a million link right now on Coinbase and transferred it to an exchange wouldn’t they be guaranteed that by the time Coinbase bought and sent it the price would have gone up? Basically you buy large amounts off Coinbase and they have to honour it and you can just keep selling back to them at a higher price on Binance. Infinite profit until they cancel withdrawals.

One of the best free wallets

CB is where I would need to sell, if it crashes its taking down everything, so ill have worthless linkies on a ledger.

im not denying that. Im wondering why?
They cant run out of Link. they arent some dodgy chink exchange.
It's possible that Coinbase already had a agreement/system in place with Binance for lower liquidity coins they list, and it's all automatic. liquidity pool.

Assuming I have my entire LINK stack on Cuckbase - why would this matter?

If I sell my stinkies, I'm assuming Cuckbase finds a buyer whether they have Chainlink supply or not. What am I missing here?

why not just use a paper wallet. go to youtube and watch a tutorial on how to make a eth paper wallet offline.

Someone withdrew their link from binance and deposited it into Coinbase which was used by Coinbase to fund his withdraw. Literally zero issue.

There is still $65M LINK on all exchanges.

So what bad thing could happen if I left my link on Coinbase?

Deja vu

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hello coinbase employee. how much are they paying you to write this nonsense bullshit?