BITMEX LISTING CHAINLINK
What do y’all think this will do to the price?
BITMEX LISTING CHAINLINK
Daniel Miller
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Hudson Richardson
Very exciting
Dominic Myers
Literally who
Charles Rogers
>2020
>new exchange is news for link
Chase Foster
Shit, have a bad feeling about this.
Justin Adams
I dont know why the only way crypto normies understand Link is through calling it a DeFi product or linked coin.
It is not at all. It can just be used for DeFi. Just goes to show how fucking behind the curve these faggots still are on Link and how little they actually understand about it and its potential still..
fucking blows my mind how dumb most people in crypto are. Its literally a top 5 coin now and going to be listed as a USD prepetual contract even on bitmex and they still dont fucking understand it.
Joshua Morgan
So now faggot bears can 100x short that too? Oh thats just fantastic.
Asher Cox
This is going to pump the fuck out of the price
After that, it’s going to tank the price
Holy shit bros, we’re actually going to make it
Shitmex moves the market
Luke Murphy
They've been able to do this on Binance for over a year.
This doesnt really mean much. Just Bitmex wanting a slice of the volume. Its going to be BTC settled so they wont even own any Link if they long it.
fuck that.
Grayson White
exshtremely bearish sirs
Blake Hall
What does this mean for link price?
Colton Jenkins
It is USDT futures contracts, no one is gonna follow or arb this shit, they don't even buy or sell Link.
Nathan Lewis
kek this
Joseph Jones
this. it's going to be an insane move up and an insane move down.
Noah Kelly
I have honestly come to hate normies with a passion.
Leo Nguyen
This was announced a few weeks ago near the top, this is just a new article about it
Bitmex is bear central, the ultimate nuker of dreams. They caused the march crash to be as bad as it was and shut down in panic when they saw they were going to unironically take bitcoin to 0 (it then recovered)
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Kevin Gonzalez
BitMEX added bitcoin at the end of 2015, which was the start of the run to 20k.
Eli Turner
Fuck
Aiden Long
Liam Ramirez
Based
Jack Edwards
Bought at the dip!
Adam Hughes
What other coins/tokens does bitmex have?
Sebastian Taylor
>Literally who
Ironically or unironically?
Bitmex means doom, prepare for crab forever now
Noah Foster
not much its a byproduct of links price.
It means that people who speculate on Link on mex wont even own it if they go long on it. cant think of anything more cucked than that lol
Kevin Kelly
What is a bit mexican
Nathan Howard
Arthur is going to tell everyone to short it to death like he did with ETH.
ChainSTINK is about to get niggered.
Jordan Price
That ominous nigger is listing it on September 11.
Adrian Lewis
>can't even use bitmex if your an american
what the fuck
Thomas Foster
Why cardano too? Yikes
Asher Price
Bitmex was a very different entity in 2015. But I hope you're right.
I wouldn't call it perpetual crab, but Bitmex futures means the organic price action you normally see in shitcoins is over for Chainlink. It will have a similar "pressure up crabbing for a while while futures overleverage more and more and then instantly pop/bart" style as BTC/ETH. If it bottles up shorts it will pop momentum upwards (sort of like the zeus short liquidation from aave) and if it bottles up longs it will pop momentum downwards (like the btc march liquidation cascade)
There will be a whole new, liquid market of spot whales looking to short and then sell for a quick profit being counterpartied by whales who want exposure without moving the price, all while gamblers and trading bots try to squeeze every small movement. There will be a huge market of leveraged positions which will make price action feel a lot different than it does today.
Cooper Nguyen
>i will tame chainlink
Daniel Campbell
cope
DECIMAL SHITCOIN
Samuel Gomez
This does worry me to be honest. Its possible that this can completely neuter price movement for Link. we wont see 5x in prices anymore from previous ATHs because of this.
Unless of course network demand is so high that Bitmex liquidty simply cannot keep up with it and it just acts as a thinly traded rape machine for people shorting it
Robert Mitchell
oh my god man why the fuck is that photo so hi-res haha
William Ross
checked. buy Tezos too ya dummies
Josiah Parker
So manipulation forever.
Nicholas Gray
Now LINK will get those fat long/short squeezes from cascading margin liquidations to make those pretty bart formations. Unironically.
Caleb Mitchell