/biz/ - Business & Finance

>>51174954
.01 then gets media attention and zooms to .50-$1 likely before even the crypto bull run officially begins

>>51174954
I'd honestly be so happy if it hit 0.01. I could pay off my mortgage and still hold a good stack

Hi Dudes, don't let those scamers fool ya. Invest only the trusted projects! Like Yopi Network.

>Fastest and cheapest payment tool in the world
>Highly scalable, community driven
>Full-stack project with all crypto opportunities and techs
>33%-49%-66% APY / 30-60-90 days lock

>>51174954
>How high will it go?
+10,000% from the bottom. It's already high. Fortunes are already made. You all are the greater fools.

>>51175029
This unironically is my buy signal

Time to buy a few million LUNC. Which exchanges sell it?

>>51174985
So it will have a $3-6 tn MC lmao

>>51175146
With the tax burn implemented in a few weeks burning off 1.2% of the supply every transaction it’s inevitable

Haha, u're wasting yar money on the trash and then cry on 4ch on every topic. Be smarter, kids, check Yopi Network

> New digital evolution of online earning cash
> 33%-49%-66% APY / 30-60-90 days lock
> Pay contactless globally with a single app

>>51175029
>>51175218
Not sure if jeet, chink, or vlad

>>51175146
>what is a token burn

Some photoshopfag here who could shop the luna logo on the reichs eagle?
> heil hitler

>>51174954
Burn stops at 10B coins
Current mcap is 1B
just do the math anon

>>51175263
Low iQ here
How much would that be?

>>51175137
Binance, Kucoin, kraken and probably a few others.

>>51175263
>>51175295
10 billion max supply is just a random number made up to get the burn tax voted. And by that time the market cap will become much, much higher than 1 billion. We still have a long way to go.

>>51175184
>>51175251
>>what is a token burn
Something that will not be implemented in LUNC.

It can't be this easy right? There has to be a catch

>>51176486
You're just painfully early, anon

>>51176486
>There has to be a catch
Yeah there has to be a catch somewhere...

>>51176646
Yes I understand the situation. I just can't believe that it actually looks like it's about to rise up like the Undertaker coming out of his coffin. Even 10 cents means I'm a millionaire.

>>51175244
All three

>>51175263
Ed and Zarardar (or however you spell his name) said the burn wouldn't stop at 10b, just that 10b will be the total cap. When USTC re-pegs to 1$ and the burn/mint mechanism returns, we could easily have the supply go down to 1B or less.

WELL YOU SEE THE FUTURE IS HARD TO PREDICT. THE ONLY THING FOR CERTAIN IS LUNC IS THE PILLAR THAT KEEPS CRYPTO STANDING. YOU SEE WHEN LUNC GOES UP 14% THAT GIVES ALL THESE OTHER SHITCOINS 144% CHANCE THEY GO UP 7%.

>>51176683
Hoe much you invested man?

whats it mean to hold LUNA on BSC? My wallet is telling me the value keeps going up

Let's say LUNC goes to 1$. How will you cash out?

>>51176818
I put in 1000€, now worth 120€.
I'm not him, but I wanted to bitch somewhere.

>past 6 threads baked
>no mention of the burn or burn tax

This is just how I know.

I guess the spoon feeding is over, if you've got you bags packed then god-speed gents.

>>51176475
It goes live September 12th rajeesh

>>51176904
25mm wrapped so probably just
>uniswap for eth
>send eth to binance
>eth to usd
>hire accountant

>>51174954
It's healing and going to a new ATH

>>51177430
>It goes live September 12th rajeesh
Of course rejish, of course.

>>51174954
0.001

>>51176818
I think I've thrown like $700 at it? I'm staking 1.5mil and have another 6mil ready to fuck

>>51176904
This is my dilemma, got a shit ton of it in kucoin a d rapidly trying to withdraw everyday with my 1 Btc limit but it keeps going up, I worry they’ll lock my account as a burger.

>>51178311
You have more than 1 BTC worth of LUNC on Kucoin? I mean, I threw $1,000 at it over the past few months and have 5 million or so. You got fucking balls investing more than $20k on this thing.

best case scenario if CZ burns trillions of LUNC, which causes a godlike pump in price but also in volume because of the fomo, which means even more LUNC will be burned and as the fomo gets stronger everyday, normies from all around the world buys into LUNC we could be looking at something between $10-20 per LUNC within a year with $1 EOY guaranteed

worst case scenario if CZ doesn't burn LUNC and volume goes organically like it is going now then $1 within a year.

either way we are going to be millionaires so start thinking about how you are going to spend that money for the good of this world.

>>51178417
I went balls in months ago after it hit bottom, I’m hoping it’s my personal big short moment in life.

it just reached its peak. Sell now you neets

>>51176904
By selling it for US dollars on kraken and then sitting on it for a year so the Jew doesn't take as much.

>>51178417

It's actually the safest play in crypto right now.

>>51178429
You are wrong, my digits confirm.

>>51178518

You still aren't priced out faggot. Buy or forever hold your peace.

>>51178521
Not how it works. Tax is calculated based on when the asset was sold not when it was cashed out to the bank.

>>51174954
By this time next year it will be over $1. Eventually it will reach back to its ATH, but that is a few years away. This coin cannot be stopped.

>>51178545
Basically this, it’s the one coin down 90+ percent like all the others yet still attracts a quarter billion in volume a day. Network effect is real.

>>51178616
Oh okay, I'll sell it for USDC then. Thanks for the tip!

how big a stack do I need to make 8 figures by next year

>>51178666
When you cash out to usdc that’s a taxable event, all crypto-to-crypto is taxable. The only way to reduce your tax burden is buy luna, sit on the luna year, THEN you can sell.

>>51178678
10mil, but you'd have to hodl all the way to $1 and that would require hands harder than diamond.

>>51178678
I have the same question but 7 figures. I have $300 in savings, will I make it?

>>51178707
Oh I see, yeah that's no problem. Thanks for the info anon :)

>>51176646
this "ATL" lasted for a fraction of a second and was the result of a glitch caused by the price skydiving with 140x the average volume overloading the chain completely. In reality it fell to 0.00005 and then slowy climbed back up.

>>51178727
$300 USD would get you a little over 2mil LUNC. If you're going to buy, do it soon. This coin has already gone up drastically in a bear market, is getting tons of eyes watching it and the burn tax isn't even in yet. Once that's in you're going to see massive volume increase and an absolutely huge upward price movement.

>>51177589
Mental illness. You lost, fudscum.

>>51174954
i still have 1000,000 wrapped lunc on coinbase, what should I do with them?

I'm going to acooomilate a bit of this, worth the gamble at this price imo

>>51175137
gemini too

>>51178495
That's gotta be worth north of a mil by now right? You went in with >20K on the way back up?

>>51174954
It will inevitably knock a zero off. 0.0009999 soon then 0.0010. I don't think it'll ever knock two zeros off, its already got too high of a mcap for a failed coin.

Imagine unironically buying this piece of shit. Jesus christ you guys like pain.

you mean how low

>>51179026
Went in with $70k, worth about a half mil now.

>>51178867
Of course they're fudding. They didn't buy in May. Imagine being too retarded to make money like all the /biz/realites who were "too smart" to invest in LUNC. I've taken my initial out, been taking steady profits, and still hold 80 million for the moonshot (worth around $12k now).

>>51178723
Will get easier along the way once burn happen. Taking profits is recommended to make it even way easier
You don’t even have to make it with this coin!
The amount of gains it’s gonna get even b4 the bull run is enough to set you up with money to pump into other safer coins that will guarantee make it status

>>51179086
Nice. YGMI.

>>51174954
on a forever quest to convince /biz to let his coin die.
sold this shit and bought matic at exactly the right time.
pic related is the answer to your question.

>>51179086
Holy heck m8 you really yolod it?
I mean you must definitely be way better off than most to be able to risk that much. Congrats on the gains tho!

>>51179086
Goddam, you'll be a god amongst men anon. You'v already made it, congrats. You literally can't lose anymore.

umm wtf

LETS GO

i have some lunc on avax chain but selling it on trader joe it's like 1/10 of the price. Is my money lost or can I still do something?

>>51179790
Why not just buy it and hold it like a regular person instead of moving it on chains and doing weird shit with it?

>>51179928
well I bought it on trader joe and didn't move it, and now I can't do anything with it, it seems; or can i?

>bitcoin tanking
>luna baboonaing
meme magic

>>51180088
Chegged

>>51180088
So The usual eh.
Cheers to all the lunchads we will make it before the golden bull run.
And then we make it again during the bull run

Dilution proposal incoming

>>51180159
Incredibly bullish!

>>51180159
how much would dilute, 50%?

>>51180159
Why? Are they saying they’re going to dilute or are they saying they’re going to find a different way to burn than a tax?

>>51174954
CZ would be blessed beyond blessed should he make sure it goes to at least $1000/lunc to make a quadrillion normies rope

>>51180328
Basically they are saying a burn tax on LUNC will not be effective as it will reduce trading volume and liquidity. They argue the real value comes in utility, but that takes back seat for now as they need to repeg USTC. Since USTC is basically debt on the chain at this point, they need a way to essentially clear that debt. Printing LUNC to use against the USTC debt would allow them to reach the repeg faster.

>>51180438
Unfathomably bullish!!! Lfg!!!!

>>51180287
Would depend on the value of LUNC at the time they started minting to back the repeg. Supposedly they are going to work up some numbers, but don't hold your breath.

>>51180438
So new buyers footing the debt of old buyers? Kinda sounds like the federal reserve all over again. I dunno if I like that. Maybe they should start attracting dapps so people want to interact with the chain

Can I buy it on uniswap?

I have an 11m stack set to sell at $1 on Kucoin. Once that happens, how do I withdraw my gains, and how do I avoid the Israelites taking any of it as much as possible?

>>51180595
You owe taxes as soon as you trade it to anything else. The on ramp will report large amounts, nothing you can really do except never cash out

>>51174954
Yes

>>51180595
You will fucking pay 12% of tax when you do it, no escape from that

>>51174954
Should I sell my 13,500 Doge coins and fomo into this? I’ve HODL to that coin since 2020 but idk if it’ll make it to .75 anytime soon.

>>51180895
Go for it or you will miss it

>>51180651
>>51180808
Shit, so it'll immediately take 12% as soon as the order executes? That's not SO terrible, but do I have to pay some other tax afterwards, when I'm trying to cash out?

>>51178894
I have 70k wrapped LUNA in metamask. That will be my LUNA stack for my punished arc, it should buy me a year in a cheap motel and pot while I plot my comeback after my crazy Singaporean wife takes my money in the divorce.

CAN WE GET MUCH HIGHER

>>51181059
This is when you cash out

>>51178429
fuck that good of the world shit. it's gonna be whores and cocaine.

>>51180152
This is my hope.

>>51181052
Should I HODL for a long period of time or short it when it hits a cent? How are you all so confident in this coin?
I have about 2mil LUNC right now but feel like I’ll kill my accrued DOGE if it tanks.

>>51181111
Your digits say yes

>>51180328
My assumption is that this minting they've suggested would be similar to how ethereum and doge do theirs... only x will exist at any time, so the rest get burnt on chain

>>51181171
Fucking wait for 0.5 or $1 anon, don't sell before that

>>51181171
youre really debating whether to hold your fucking doge coin or buy luna? ngmi saged

>>51181059
When you cash out, assuming it’s after the burn starts, 1.2% will be burned. Also, at that point it becomes income, I don’t know where you live, but you are immediately liable for whatever tax percentage your income falls under

>>51176798
LISTEN TO ME SCOTT STEINER SER. I, THE GREAT KHALI DO NOT NEED KOREAN SCAM TO MAKE IT. YOU CLAIM TO BE BIG BAD BOOTY DADDY, BUT I THE GREAT KHALI AM THE TRUE BOOTY DADDY. I HAVE WITNESSED BOTH BUB AND VAGNE ON MANY OCCASIONS AND ALREADY HAVE LAMBO. YOU WILL NEVER HAVE AS MANY RUPIAH AS ME SCOTT STEINER SER.

>>51174954
all of the high

>>51174954
Doesn't matter, I'm out at .005, .01, .15, and then whatever I have left over. I'd imagine I won't really give a shit at that point lmao

>>51180595
>>51180651
>>51180808
I have the same question but i want to get this clearer...

let's suposse i sell 10.mill LUNC
on binance or whatever..when i sell it gets automatically converted to BUSD (i guess?) so do i get taxed if I convert these gorillion BUSD onto USD$?

Same with any other exchanges...

or do i get taxed based on the ammount of converted USD$ I want to cash out to my bank?

or in simple words...do i get taxed for the shit i hold on my wallet/exchange or based of the ammount i try to cash out?

if that's the case ,i'm going to portugal,opening a bank account and cashing out everything. Fuck taxes

sorry for the TL;DR but i wanted to be as specific as i could

>>51178295
what is the staking APY?

>>51181634
i'm not American nor trains btw if that matters

>>51176780
>we could easily have the supply go down to 1B or less.
Just /biz/ alone holds a couple billion, how in the fuck would that even work?

>>51181634
That 12% tax is when you withdraw of the plataform, I don't know if if have a tiny one when you convert, but I don't think so.

>>51180595
You can buy a shitload of gift cards with BTC and enjoy your funds that way.

>>51181634
You get taxed on gains for each transaction. For example, you buy say a million Lunc for $100. You cash out fully at some point in the future when Lunc is a dollar. You gained $999900, you are on the hook for those taxes. Now say you took half those gains, reinvested in Bitcoin and it lost half its value before you cash out. You don’t owe anything on the Bitcoin transaction but you still owe the full amount for when you sold your Lunc. So personally, I would take taxes out of any major gains first before reinvesting gains, because you can get utterly wrecked otherwise

>>51180438
That is speculation on their part. They have no data to point to to back up the statement that it would reduce volume and liquidity other then their feelings. The fact is people will buy into things that make them profit. LUNC is exactly that. Greed *will* do the rest. Look no further then ETH and its' gas fees to see how wrong this kind of thinking is. People will gladly pay $1,000 to make $100,000. Simple as.

>>51181810
finally someone with more than half a brain
newfags are bullish

>>51181761

>>51181761
DO NOT REDEEEEEEEEM

>>51181396
Sorry anon, I'm fucking retarded so can you explain in a brainlet way? What steps must I take to not only successfully cash out, but also to pay the least amount of tax. I live in burgerland btw.

>>51181810
Wait so they can tax me just if I convert a bunch of LUNC to BTC on an exchange???? And then they tax me again I suppose if I cash out that BTC?

>>51181810
>not starting a c-corp to do all your trading and then just giving yourself a salary
Goyim will be goyim

>>51182042
Least tax is federal income tax. I work in accounting but I’m not a tax specialist. I believe you have to hold for over a year to qualify for an investment to be considered just regular income. And that percentage would be in accordance with income tax brackets. I forget what percentage tax is owed for short term (less than one year) investment, but I think it’s somewhere around 35%. So at minimum, if you cash out before September of next year you’re on the hook for 35%. Some states have income taxes too, so unfortunately if you live in one of those states it’ll be an additional 35%, or whatever your states income brackets look like. So for anyone who can’t do math, if your Lunc investment hits a million before September of next year and you cash it all out, you will owe Uncle Sam around 300-350k. I’m too lazy to look up the actual numbers right now but that’s the gist of it

>>51182122
yes retard, you made gains on the initial crypto youre holding

>>51182122
Holy shit zoom zoom, do atleast a couple hours of research before investing money. Atleast watch a couple YouTube videos

Is it bothersome to cash out of Binance larger sums of money, like +1 million? Lots of paper work?

>>51182189
But how do they even know? It's just numbers on an exchange. So like what if LUNC pumps to $100 magically over night and then the next day it's back at .0001 do I suddenly owe a retarded amount of tax because some number on a website got big?

>>51182122
Yup, but only if that second Bitcoin transaction had a gain. But say you cash out a million dollars of Luna, take out 100k for yourself and park that 900k into Bitcoin. You still owe taxes on the full one million, if Bitcoin shits the bed and you lose all your money you still owe for that million. Now say if Bitcoin doubles while you had your 900k parked, and you cash out some to pay your tax bill, you now owe taxes for THAT transaction because there was a gain

I want to get in on his, can I just get it on uniswap, or do I need some exchange?

>>51180088
heil hitler my friend

>>51182228
No because you didn't sell it and make any gains. Tax is only on profit you make.

>>51174985
WOAW REALLY I BETTER BUY RIGHT NOW

>>51182189
>>51182229
basically once i set the "sell" button once it reaches 1$ i will get taxed by my government...

isn't avoidable right?

if shit is like that way, as i said..i moving the rest of my money offshore.. I'm not paying 30% each year for having numbers on a screen in my wallet..is not even real cash until i conver it anyway
fuck that shit. I hate the tax jew

also this>>
>>51182228
>But how do they even know? It's just numbers on an exchange

well I hope other anons respond that..
for the rest..no government is liable for your loses, only for your gains...so the answer is yes, you get taxed regardless if you win or lose

>>51182228
have you heard of something called 'transaction history'? everything is logged
if you make 6 fig+ gains you'll get chased up eventually
do your own research you zoomie retard

>>51182332
Yes, as soon as you hit that sell button you’re on the hook

phoneposting but holy shit were pumping

>>51182285
you can buy it on Kraken and Kucoin, it's easy and fast

damn y'all still have hope for this scam coin when literally their top developers and builders are moving their projects to the polygon network, after matic's team created an uncapped fund to simplify the process

>>51174954
To Pluto? Fucking jeet are you even aware of the quantum threats its rekt time and not bull time. I an sure with me holding QANX will make me fucking fat ass rich. Kekk...

>>51183734
Getting rekt really sucks anon. The rate of hacks are scary and I use privacy solutions on my transactions and assets to avoid being a victim.

>>51180514
this is a failed ponzi attempting to become a moonboy memecoin. let's not start talking morals and ethics.

>>51184001
go back to rebbit, mouth breather. devs are unfucking the chain and 2una baggies are seething. smooth sailing to 0.1$ for lunc until kikes get wind that what they thought to have destroyed, rose from the ashes. then it's kvetching time and either goes to 0.000001$ or 100$

>>51181652
Would the staking rewards on Lunc be worth it and where do you stake? For now I only earn from LP mining on Ore Network. Looking to stake assets on Binance soon.

>>51184131
Brown hands wrote this

>>51184001

You're investing in financial markets and you care about morals and ethics? Wake up anon you're playing with people who wreck entire economies for a quarterly report

>>51174985
fpbp

>>51184511
When it comes to lunc, quite the opposite. Just like (most of) the rest of you, i bought a bag at the bottom to see where it went.

>>51184131
fuck you
>devs are unfucking the chain
apparently. that's why i bought some

the rest of your post is pure speculation.

also, once again, fuck you

>>51174954
High enough that you will all rope when Do Kwon rugs you.

>>51183933
Yes it's sucks, that's why I have invested myself into QANplatform. I hope the mainnet goes live soon.

>>51174954
>How high will it go?
very high - pic related

If the supply burned down to 10 Billionen and they repegging LUNC as a Algo-Stable-Coin, the last ATH is possible, wich means 100 $

>>51184870
The devs have got great opportunities in the crypto space lately. Using tye QVM they can build the smart contracts in any programming languages. Isn't that unique?

so when do we take profits?

>>51179086
fucking hell, you may just be about to be a billionaire

>>51185880
They’ll interview him and maybe even do a biopic of him. Call “the lunatic”

>>51185909
did the math hes got to have over 3 bil tokens, if this goes to 1$ which is inevitable, holy shit, what a king

>>51185863
Every now and then. That's what I learnt from the last bull run. Just waiting on the POR concensus algorithm to go live soon I'll start mining the tokens with my mobile phone. No worries about electricity.

>>51183933
There are many projects that prioritize security via their protocol, making them invulnerable to hostile actors; one of them with a high BFT is Geeq. If every project considers enhancing their security, it'll greatly help mitigate this bullshit.

>>51184878
Do Kwon isn't involved you filthy, filthy 80IQ nigger lmfao

>>51186029
I doubt if this will be as effective as touted. Keep your expectations low, or you will be fucking livid if it falls below your expectations.

>>51186079
You should desist from it the fact it has link with luna Jeet.

>>51185863
When mahatma tells you

>>51186442
so never?

>>51182228
>But how do they even know? It's just numbers on an exchange.

>>51178429
breeding brown women
breeding brown women
breeding brown women

>>51174954
This is the top. Sell

What the fuck is happening with WLUNC?

Says it’s gone up 600% but not getting those rates on Uniswap

>>51184870
>>51185739
Yes, moron, read my fucking posts

>>51174954
$500.00

99% of the volume is fake. You have been warned.

>>51186667
It would only make sense to hodl if a burn is in order. I'm focused on ORE for now which is the solution to mass blockchain adoption.

>>51186051
Asset security is definitely an area of concern in the space anon. Users are tired of getting hacked and any platform that helps users manage and secure assets would thrive in the coming months.

>>51178816
This. All time lows are never consistently that low for weeks or even days at a time. The odds of anyone actually catching the fucking knife all in and 140x are so infinitesimal that you shouldn’t be even be looking at this number

>>51175057
>he didn't buy during the crash

>>51186705
Who says that? Cmc is always wrong on wluna price

>>51177430
The proposal needs 7 days after proposed to allow voting on, then it needs to wait until the next epoch, which is every 7 point something days, it might not be september 12th, that was just an estimate, idk what is taking them so long to type up the proposal, the burn code is already ready.

>>51179086
Holy shit, that's a ballsy move.

>>51174954

3-6 dollars.

>>51176904

XMR obviously. Cash is done (USD is done).

>>51187309
Certainly, project that focuses on providing real-life utility, such as a data solution, will thrive and meet the fate of adoption as well.

>>51174954
0.00017200 will be ATH.

Why has Syscon chosen to remain Proof of work while so many industries are focusing on transitioning towards Proof of Stake? Most importantly our approach allows us to be the most secure blockchain after bitcoin.

>>51174954
I have wrapped luna classic on COINBASE. What to do? Just hold?

>>51188543
Are you sure Prakesh? Because I think its ATH was already 119.02

>>51176904

Convert to BTC/ETH cash out on multiple exchanges Binance KuCoin Kraken to crypto friendly banks

Careful with Banks they will 100% freeze your account if large sums go in from exchanges

What part of $1 EOY don't you understand?

>>51190041
I have personally withdrawn 100k from coinbase to my bank and had no problems but I don't know if consider that a large amount.

>>51181111
SOOOO HIIIIIIGH

OH OH OH OH

OH OH OH OH

OH

OH

>>51181111
based white beard poster,
add me on screen cap

>>51186632
>breeding brown women
Ah yes a truly noble profession

>>51179086
For fucks sake anon please don't make the complacency mistake of not selling it SCREENCAP THIS POST MOTHERFUCKER

>>51179086
sell you fool this coin won't make it past 0.00017

>>51174954
>How high will it go?
To the moon and never back. $1 EOY

>>51184131
>devs are unfucking the chain
What are they doing?

>>51191881
Took over the chain. Already reenabled staking and next month they will enable a burning tax to reduce the supply.. It's already at 1B mcap so getting a bag just in case before the massive burning is a no brainer.

>>51191870
It’s actually gonna zip through the moon with how fast we are gonna get launched up once the fomo kicks in

>>51191936
Oh sweet ok. Ive had a bunch for few weeks anyway. Figured its a funny/long shot trade. I could see it back up to top 10 imo.

>>51178816
Lmao, that ATL also came after a million previous ATLs. Many tried to catch that knife, myself included

i have 28 mil lunc but i fuckin accidentally closed a 20x long worth 65mil that i bought at .00008

probably for the best i really dont need that much, but i mainly wanted so i could exit earlier, guess im on the train for a bit longer than planned

>>51179086
i dont think you dropped 70k at .00004, unless you used some leverage, maths doesnt work out otherwise

Going to the shitter anon lmao. stick to ETH the way bitDAO does and you won't want to off yourself.

LUNC is the comfiest hold