Topic: Chainlink (LINK) - middleware that connects smart contracts to external world - page 7. (Read 23771 times)

What do you except after such crazy pump? There is were liquidation of short-term traders and now liquidation long-term. Currently price is almost fair after correlation it should be between 6-10 usd. So around 8 usd.

Official is planning integration with Chainlink, creating a transparent process for selecting a lottery participant
https://medium.com/centaur/chainlink-vrf-used-by-centaur-to-deploy-new-standard-for-enhanced-transparency-in-public-sale-3cc0fa5b10e6

Just wanted to point out that all my available funds will be going into chain link that aren't already in it assuming the price stays near where its at by the time I can buy more. If it's already $11, I'd still buy more. Multiple websites based on technical and blockchain analysis see this going to somewhere between $20 and $40 within the next 2 to 3 years. The short term trend seems to have recently reversed, finally. At least thats the way it appears to me... it appears to me that the conviction is finally there. I could be wrong though. I originally though we would drop to at least $7.5 and at one point I believe we were that low or within 20c of it, just yesterday. My even lower target was around $5 and if it broke that I would have just waited until the bottom. It really appears that the trend has reversed for good now, so time to pile in IMO- assuming you already haven't!

Maybe higher than $60 in 2-3 years if you ask me... the project itself is legit and the real world usage benefit (you can see why, easily,) is huge... not to mention both the fundamental analysis (including my own,) and blockchain analysis (including my own, and intotheblock.com data, among other data websites,) clearly show that Chainlink (LINK)'s value is certainly on the low side right now and the trend appears to have reversed. When it reverses for good you're going to see $20+ again eventually...

Also, the number of addresses with a balance, a graph, with time on the X axis and price included shows that for the first time it recently crossed the price line on the upper side. The only other time that happened since the original spike was when it spiked again from around $3-5 to $19.XX before falling... but now... number of total addresses with balance are WAY above the price for the first time ever. Generally, the number of total addresses with a balance follows the price but that was really only in the beginning. Now that the price is so far below that line, not to mentoin technicaly analysis looked good last time I checked... it just looks like its time to goto $25 or whatever, eventually here anyway. It should start heading up soon though that's for sure. It can't go that much lower, if any. I would not chase below $5 until I wait for it stop going down and go back up with a full reversal (assuming I'm wrong about the recent reversal at 7.5 +/- 25c which was my first reversal target or support target... I'm 75% in already..)

P.S.

I had 100K USD in BTC was when it was between $150 and $300 and I knew it would go up to at least 5K just 3 months before the run to 5, 10 and then 21K. Just saying. I do this stuff.

the first big liquidation ?

https://bitcointalksearch.org/topic/m.55021208

KuCoin Exchange Announces Chainlink Listing, Deposits Will Be Available From Aug 19th And Trading Starts Aug 20th
https://www.kucoin.com/news/en-chainlink-gets-listed-on-kucoin?utm_source=Twitter

 

With those numbers it seems likely the dump will happen sooner rather than later

Is link going to 2/4 usd again?.

Market sell, about 2 millions of Link sold at market on differents exchanges.

approximately 21,000 users, possibly 80% bots

How many people registered in their Telegram? I stopped used Telegram a few months ago.

In the telegram, the bots write that they want to buy chainlink and when you write to them in the private, they are silent and do not even respond, just ignore.

and people really think that other people are trading and want to buy this coin, but in fact it's bots. 

these bots sit in chainlink groups if you see that someone asks about purchases ask them something, most likely they will not even answer you

Where is the limit for this project it is moving nonstop in one direction upward. I sold my tokens around $7 but it making really confuse why whales are still making the pump. Let's see when they start offloading their bags and let people will big size of bags.

On market drop cause of Coronavirus on March, owners increase tokens transfers and create a lot of wallet with very low link quantity.

People can check it easy:

https://ethplorer.io/address/0x514910771af9ca656af840dff83e8264ecf986ca?from=search


If somebody dont understand what we are talking, enter on ethexplorer and set chart at max time and you will understand soon if you dont do yet.

There is something dirty on Chainlink...

not really, if you look at it you can see that they own all the coins, so they sell themselves and raise the price. Nobody buys their coins.
this is pure price manipulation, it is strange where the SEC is looking.
I invite the whole community to file a lawsuit and ask the SEC to deal with this otherwise someone will lose a lot of money.

That Chalink is a big bubble cannot be doubted by anyone.

If we look at Etherscan and we see the movements of tokens, whenever there are many small movements towards Binance that together add up to a lot of coins and a lot of money, these are quickly covered by many very small movements of tokens.

Large amounts of tokens are being sent to exchange wallets but you do not have time to see it on Etherscan due to small transactions.

They take advantage of the hype of the community to inflate the price and sell many tokens to the community. We will see how big the fall is and when it arrives.

A lot of caution with investing in this currency, this kind of thing makes you suspect.

Nothing wrong with being sceptical with the rapid growth in price. There is something bigger going on here with Chainlink and certain people without doubt will be making lots of money before the bubble bursts.

Things are going to be extremely painful investors jumping on the bandwagon when the price is high but end up selling for extremely low prices.
 

Except if they are wise enough to sell before the bubble burst, to be honest, am a bit skeptical with the rapid growth in price, but I see lots of people have confidence with the project so perhaps maybe what you assume will not be, if link investors are strong holders then the probability of a drastic fall in price could be very slim. Just my thought.

Many many people will lose money in this project when the bubble bursts

Everything in the Crypto space is a bubble not only the chainlink is just one example, but here's how we can take this opportunity so this is commonplace in the crypto space

It takes time but there's nothing that can't happen, my friend

/]\LINK has been on a tear $50-$100 doable? :-D reeee


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https://coinmarketcap.com/currencies/chainlink/

Once the Hype is over and the bubble is busted then we can see the real worth of Chainlink. till then , keep watching