/biz/ - Business & Finance

Cool, LUNC is going down which'll give cheap entry to those who were late to the party, as well as stack up further to fill our bags further in those who've been here since the crabbing. Lower chart also helps better for burn on the 20th-21st.

>tfw the bird guy is tricking alot of people by telling them it's going to zero causing massive shorts
>tfw all this is accomplishing is setting up for one massive short squeeze which will shoot us past .001
I should feel bad for those shorting near the bottom because their going to get absolutely obliterated but fuck them for playing the short game.

>>51397795
>>51397830
don't bother mate, they'll just call you a dumb nigger and ignore it all anyway. let them buy in a .01 like plebbitors.

>>51397863
>Ive been in your generals m8 it's worse than a shitcoin TG group
the /tlcg/ is a shadow of its former self. we've been overrun with paid fudders and retarded moonboys. you should've lurked back in late May and early June when the threads were informative and comfy. now it's all just shitflinging 24/7... and it'll get worse the closer we get to the burn.

>>51371677
>>51371706
mirin' the Sonnenrad. dunno why anons are making fun of it.

>>51371718
52/???

>>51340990
>I imagine TRs and CZ/other CEX heads would be all over this?
of course they are, they're not dumb. it's in everyone's interest to suppress the price until the burn goes live. just ignore the fudders screeching about it, they have no power here. honestly, it'd have been better if LUNC had continued to crab around .00005 until the burn kicked in, but what can you do.

>>51341032
>How much time will take the ONCHAIN TRANSACTION BURN ONLY in burning all the supply down to 10B?
2-3 years. but it's not gonna take that long, Binance and Kucoin will off-chain burn soon after the tax goes live on the 20th. regardless, LUNC is a long-term hold if you want generational wealth. even $1 LUNC is FUD if you're looking at the big picture (USTC repeg, layer-1 utility, Google Carbon integration, etc.).

>>51341037
>I dont want to buy in now if its not going to happen three months from now
we'll eat a zero before the end of the month, you'll get priced out. buy a bag now, or pay double (or triple) for it in 15 days... your choice.

>>51307777
BABOONA INDEED

>>51307871
Kek

>>51285977
>>51286100
I don't know what the price target is but hold till November, we'll either top out in November and crash or top out and keep going up but selling anytime before November is selling low.

interlinked >>51277783

Listen once per day:
https://vocaroo.com/1fk7klnZQdct
https://vocaroo.com/1fk7klnZQdct
https://vocaroo.com/1fk7klnZQdct

For WLUNA Holders:
https://www.binance.com/en/support/announcement/f14b7fc184b74237a9e68796a2939dec

How to STAKE for newfags
>download terra station on your phone
>create a new wallet
>go to settings and switch network to classic
>withdraw your LUNC from the exchange (you do not need a memo to withdraw! memos are only for sending to exchange!)
>once you receive your coins go to stake screen
>choose a validator and delegate to them
>withdrawal of rewards can be done anytime, unstaking takes 21 days to unlock your coins

it's literally that easy.

>helpful links

>Worm hole for Wluna
https://docs.terra.money/docs/learn/terra-station/wormhole.html
>Staking rewards calculator
https://www.stakingrewards.com/earn/terra/
>Terra Shuttle sun setting video
https://youtu.be/HMVLiZpbpeo [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Open] [Embed] [Embed] [Open]
>HCC video on delegations
https://youtu.be/EtrHi-kuDsc [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Open] [Embed] [Embed] [Open]
>HCC video on changing coin rewards
https://youtu.be/TZFqryj4ee8 [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Embed] [Open] [Embed] [Embed] [Open]
>Learn to stake on Terra Station
https://classic-docs.terra.money/docs/learn/terra-station/staking.html

>>51273327
>What title should it have and what music should i use?
Title: The LUNCapolypse
Music: https://www.youtube.com/watch?v=KO3l6qNA2Q4
Cover: pic related

>>51249047
there was that interview with him on HCC a while back where he talks about bringing business defi onto the chain by the time the next bullrun gets going. I know it's early to talk about stuff like that, and we need to get to $1 first, but there really is a timeline out there where LUNC blows past its ath if/when a ton of business utility is brought in and spikes investments. they're also trying to make the chain a layer-1 for multiple metaverse projects. most fudders here and on plebbit have no idea the TR devs have a 3-year roadmap already planned out, they're not gonna stop with just the 1.2% burn. I think we could see some major gains by EoY, but the real jaw-dropping face-melting new ath will be reached in 2-3 years when we enter the real bull again and BTC goes over $100k. it's worth keeping 1-2 million LUNC on the sidelines for that (in addition to the main laddered stack for sale right now, of course).

>>51249079
>The volume is down almost 50% in 24 hours though, that's not good at all
hopefully it dump to 100 million and takes the price with it, I need to sluuuuuurrrrpppp cheapies! don't worry fren, we'll hit 2 billion the first day of the burn... may even go as high as 3-4 billion within the first couple of days when FOMO hits.

>>51220390
I wouldn't have personally staked more than 50% of my overall bag, but you have so many coins left over that you'll be fine, anon. 20 million is plenty to ladder towards $1 and make life changing gains. just make sure to spread your ladders across at least 2 exchanges, preferably 3 (Kraken, Kucoin, Binance, and maybe Gemini if you're a burger). wagmi fren!

>>51220394
3/6