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re: Official CryptoTalk Thread
Posted on 5/30/19 at 3:38 pm to DeathValley85
Posted on 5/30/19 at 3:38 pm to DeathValley85
Lol exactly. Sad that this needs to be explained.
1
Posted on 5/30/19 at 4:39 pm to ScaryClown
bad day for a mainnet release 
Posted on 5/30/19 at 4:48 pm to jmcwhrter
Wow wtf happened? Outside chillin in the pool for a few hrs and come back to a slaughter house . lINK order got filled though . Yipeeeee
Posted on 5/30/19 at 4:56 pm to DreauxB2015
was this blog post the one we were waiting for on Link? KYC requirements to join mainnet? that won't sit well with .... anyone....
LINK
LINK
This post was edited on 5/30/19 at 4:57 pm
Posted on 5/30/19 at 6:46 pm to jmcwhrter
Seems like link is headed in right direction, I don’t understand the price dump.
Posted on 5/30/19 at 6:48 pm to Dellybelly82
This market sucks and is easily manipulated
My link glasses on say whales crashed the whole market to get cheap Linkies lol
My link glasses on say whales crashed the whole market to get cheap Linkies lol
This post was edited on 5/30/19 at 6:52 pm
Posted on 5/30/19 at 6:51 pm to CE Tiger
I see that now, if it stays under a dollar until the morning I’m going to buy another 1,000
Posted on 5/30/19 at 6:58 pm to CE Tiger
It’s a good article / post and makes sense to me.
Posted on 5/30/19 at 7:27 pm to eng08
Actually the second post on thresh hold signatures is a game changer.
quote:
it's a way to bundle transactions off chain to save cost, as you only have to write to the eth blockchain once for potentially thousands of transactions. i didn't understand how it works exactly because it's to complicated and abstract for me to understand, but if it works as described this is a huge improvement. i think I now understand why Vitalik doesn't like chainlink. it reduces the demand for eth (GAS) thousand fold and eth will possibly plummet in the long run. If this works as described there is nothing left in the way for relative cheap smartcontracts and could lead to mass adoption. also 1000$ EOY
Posted on 5/30/19 at 9:19 pm to Dellybelly82
quote:
Seems like link is headed in right direction, I don’t understand the price dump.
Serious question here but based on what?
It seems like Link is doing like every other Crypto and following Bitcoin swings. Link's line charts coincides with Bitcoin's rise and falls for the most part so why is it heading in the right direction when it can't even stand on it's own and is subject to Bitcoin's volatility?
I am genuinely curious and not trolling.
Posted on 5/30/19 at 9:19 pm to Dellybelly82
Price dump happened because that’s what always happens in crypto. Link was drawing all the money because of hype from mainnet. All the traders took profit right before like they should have and got the hell out to move on to the next one. On top of that, btc caused extra dumpage. Pretty standard crypto activity. And whichever coin has pumped the most recently will usually be affected more by btc causing dumps.
Posted on 5/30/19 at 9:37 pm to mtcheral
That didn't answer my question at all.
Posted on 5/30/19 at 9:59 pm to stout
quote:
Seems like link is headed in right direction, I don’t understand the price dump.
This is what I was answering. I have only ever owned link for about 8 hours. Do not own it now.
This post was edited on 5/30/19 at 10:02 pm
Posted on 5/30/19 at 10:01 pm to stout
Its an immature market which is why it is tied to btc. Link was the best performed throughout the entire bear market with the exception of BNB so it did decouple in a way. Link dumped and was bought back immediately meaning people are throwing millions of dollars into this. When the heavy hitters stopped buying it then bled out again. Link is doing huge things and I’m still bullish that this will be a big player moving forward. Read the blog posts and toss the price analysis out of the window. This is an investment not throwing a couple hundred dollars at some coin get your 20% gain and move on to the next one.
Posted on 5/31/19 at 7:51 am to stout
This market does not behave like a normal stock market
If Apple announces that they will release earnings on July 1, the price will fluctuate based on uncertainty about those numbers.. If the numbers are good, the price will rise..
If Chainlink announces that they will release a blog post "next week", the price will rise based on hype, rumors, etc. of what might be in that post.. Then when the post actually comes out -- EVEN IF it's nothing but good news and evidence of strong growth -- the price will drop because the traders aren't interested in growth, longevity, etc.. They're here to make money, 10% at a time
If Apple announces that they will release earnings on July 1, the price will fluctuate based on uncertainty about those numbers.. If the numbers are good, the price will rise..
If Chainlink announces that they will release a blog post "next week", the price will rise based on hype, rumors, etc. of what might be in that post.. Then when the post actually comes out -- EVEN IF it's nothing but good news and evidence of strong growth -- the price will drop because the traders aren't interested in growth, longevity, etc.. They're here to make money, 10% at a time
Posted on 5/31/19 at 7:58 am to jmcwhrter
That’s why price movement isn’t the only indicator. Watch the top 50 wallets that have done nothing but accumulate and even at its ath still did not sell a single link. These are the big players that have the knowledge to know that this is going somewhere
Posted on 5/31/19 at 7:56 pm to CE Tiger
LINK creeping back up tonight 
Posted on 5/31/19 at 8:57 pm to DreauxB2015
How long will it take for the cream to rise to the top with all these companies competing? 1, 2, 5, 10 years?
Posted on 6/1/19 at 8:29 pm to Dellybelly82
This will turn out to be a big bull market of a year.
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