THE NEXT FEW HOURS ARE UNIRONICALLY CRITICAL FOR CHAINLINK

Make or break it time. Let's see if Sergey pulls out another 20 million tokens to dump us past this 1.5 year line of support.

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for context

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Isn't it broken already?

goodbye linkies

no?
this. its looking like it was a good run boys. grats to those that sold at $20

How will pathetic stink linkers cope when their precious line is broken. This line is literally the last bastion of hope in the lives of deluded stinkie linkies.

Looks like it wants to break downwards, sorry linkies.

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my line has 67k as bottom and I drew it a long time ago, I didnt even think we would get this close to it again when we got to 160k sats

Can't believe the chainlink project has officially concluded. It's all over.

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wicks or candles? if it breaks i expect a violent dump past all these targets

nah, it's not over until Sergey has finished dumping, he isn't a billionaire yet so he's not going to stop until a Link is worth less than 10 cents.

Or it could pump which it does every time it's near that line

>the advantages of cryptocurrencies are that they are decentralized and created by the participants of the network
>buys the centralized, premined token that the owner keeps selling millions of every week

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i would usually agree with you but historically bitcoin has not had the momentum it currently has. once Bitcoin truly breaks past 20k, all alts will get slaughtered in sats. this will definitely dump link past the line of support and a lot of bots and fly-by traders will sell, triggering a mass sell off.

I'm not too nervous since i've been in link for awhile but for new link marines, it will be tough to see 50% losses over the next few days and a recovery may not be in sight for awhile.

Yeah, I somewhat agree with you there. I have enough link to off load some into btc in the meantime to hedge against this happening.

At what point are sure of a sell-off? Daily close under that line or weekly?

Candles the last time we touched it was just a wick last week I think

lol trust me, it won't be subtle. look for an large increase in volume. new fags will finally get to test their mettle. safe play may be to get out now and wait for a confirmation,

Wicks aren't a good indicator for long term plays

For all the nolinkers - post your leveraged shorts or fuck off - unfortunately I think I’m wrong and this one and it’s going to pump into 2021 along with Btc before violently dumping

>we can use our TA voodoo powers to predict what chainlink is going to do in the near and mid terms
FUCKIN KEK

everyone can see you're just putting on a brave face. this situation has been getting progressively worse for a week since link never recovered from the btc sell off.

feels bad, I wish to return to august

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I hope Sergey does it

this is the one I drew a while before we ran up to 160k sats, haven't touched it with a candle body yet

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What is this gay fud thread now is unironically the best time to buy LINK before the insane bull run starts

i mean, what do you really expect? we've seen no big features released since pretty much mainnet. don't let the copers convince you otherwise. flux monitor and VRF are far from the promises of threshold signatures and staking.

what exchange does this price data come from?

>thinks a week is a long time
Oh dear, user, you really are NGMI, ain't ya?
Babes, Chainlink is up 500% in the last 12 months. It did a 4x over the summer when BTC barely moved. It has shown it's independence, and it's only a matter of time until it moves again. You really haven't been in crypto very long if you're looking at weekly charts and getting all frustrated. You'll lose it all if you're not careful. Don't say we never warned you.

>gets dumped on every single week by a fat fuck who has enough to keep at it for 10 more years
>zero worthwhile progress, muh partnerships with literal whos
>only 1k eoy it’ll ever be is 1k satoshis

hi guys i hold chainshit

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binance

DUMP IT SERGEY DUMP IT SERGEY DUMP IT SERGEY SHOW US YOUR REAL POWER DUMP IT SERGEY DUMP IT SERGEY
DUMP IT SERGEY DUMP IT SERGEY DUMP IT SERGEY SHOW US YOUR REAL POWER DUMP IT SERGEY DUMP IT SERGEY
DUMP IT SERGEY DUMP IT SERGEY DUMP IT SERGEY SHOW US YOUR REAL POWER DUMP IT SERGEY DUMP IT SERGEY
DUMP IT SERGEY DUMP IT SERGEY DUMP IT SERGEY SHOW US YOUR REAL POWER DUMP IT SERGEY DUMP IT SERGEY
DUMP IT SERGEY DUMP IT SERGEY DUMP IT SERGEY SHOW US YOUR REAL POWER DUMP IT SERGEY DUMP IT SERGEY
I FUCKING DARE YA DO IT YOU BIG FAT FUCK MUNCHING ON THOSE BIG MACS AM I RIGHT

DOOO IIIIIIT YOOOUUU FAAAT SHIIIIT COME OOOOONNNNNNNN

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This is cripple all over again. You can talk about the technology all you want but the fact that this shit keeps dumping and dumping just suppresses the price when there is any form of momentum, encouraging investors to pull out. If you want to make any money at all off of this in the next couple of years you will just be stuck holding a bag

the last week is the cherry on the cake for this thing to fall through a giant price floor its been enjoying for the past year and a half. you're first warning sign should've been Dave Portoy putting this on blast. That should've told you we're in a classic XRP style pump and dump. You're second warning should've been the utter disaster that was SmartCon. You're third sign of warning should've been the radio silence from Oracle after promising an integration by Q3. And you're last sign of warning should've been no fundamental progress on the project since mainnet. Now Ari Juels is getting his piece of the cake before the underperformance of the chainlink teams catches up to them. Admit it dude, they took their foot off the gas once mainnet dropped and they realized they couldn't fulfill on their whitepaper promises

OP isn't this some copy pasta fud, I see the words you're using in it are meant to elicit a strong emotion to sell and it feels dubious. Have you been trying to dupe me OP? That would not be very nice. Please post your link sell order