/biz/ - Business & Finance

>>51500755
Should have sold a while ago kek

>>51500755
Video link or you're a fudding faggot

>>51500755
I though this would be a cartel video.

>>51500768
I agree, I am going to wait to see if suckers buy the burn non-sense and pump the price and leave forever, if not, I'll sell soon and forget about it

>>51500792
Here, hear what he says about the 1.2% tax levy being inforced by India on crypto
https://youtu.be/qQq4BuNCjvU?t=540

>>51500755
You should. Everything you said was bs. How would a 1.2% tax in India specifically do anything?

>>51500834
If you trade 50 times a day, every single time you trade, you have to pay 1.2% tax of the total trade to the goverment. Basically, it'd make day trading literally impossible

This would literally do the same thing to Lunc, traders will go somwhere else, without them volume ceases and burn doesn't happen.. Its a retarded idea

>he doesn't know about the repeg and swap
If you knew what was really happening, you'd know that the burn is just one element to the moon.

>>51500857
The 1.2 is burnt you retard, it's not a tax you pay to the government. You'd pay normal capital gains tax based on whether you made a profit or not.

>>51500857
>you have to pay 1.2% tax of the total trade to the goverment.
a thread died for this

>>51500857
TR is trying to organise a synchronised off chain burn across exchanges. That's what most lunc holders want

>>51500857
Haha you are either fud, demoralizing, or retarded. Holy shit...

>>51500857
Oh... my god. It’s retarded.
>>51500875
Also, correct.

>>51500876
I know, I am talking about the India levy. But the same concept applies to Luna, even if the 1.2% is burnt. The fact is, traders have no incentive to day trade on something that steals 1.2% of your money on every single trade, it will kill volume.

99% of people will go to Nodes and validators with 0% tax, most people will hold, no one will want to be the sucker wasting their money on tax to benefit others, only a few virtue signaling on twitter will do that. This whole thing makes no sense at all

>>51500910
>I know I was talking about something else, but what about this!
Jfc... This is the cousin of "I was just pretending to be retarded!"

>>51500890
Yeah, and think about it.. most people are retarded. You think your average low IQ tik tok ''daytrader'' should have a say on how a complex network should run?

>>51500909
Nothing on that picture is an argument to what I said at all..

>>51500910
>buy x for price a
>sell x for price a+ (minus 1.2%)
Honestly, do you know what brokerage fees used to be?

>>51500947
They don't. You aren't saying anything.

>>51500940
I literally linked a video on the topic, did you even watch it?
You know, one of the most disgusting things about this whole thing is the cultist like you that feel any criticism or independent thought is a personal attack on your hopes and dreams. Its not my fault you attached emotionally to a fucking coin

>>51500947
>Nothing on that picture is an argument to what I said at all..
Did you not look at the pic? It's literally the argument. Come on man, you're just trolling at this point.

>>51500983
>The argumen is literally no cap fr fr on god
Kek, Yeah I am selling next time it pumps 100%

>>51500969
Yes and he wasn't talking about off chain burn.

>>51500940
he's right and you're a literal crayon-eating brainlet

>>51500998
Its literally the same thing
1.2% tax on all transactions

>>51500755
>jew tax, kill lunc
no

>>51501020
>>51501020
>>51501008
See
>>51500909

>>51501020
The TR team hasn't officially pushed for an off chain 1.2% tax. They might push for a .6 tax. Exchanges want to see what happens with the on chain tax first. If you were dumb enough to flip your whole stack x50 times, that's your fault for being an idiot.
It's no different to using a dex where you need to pay gas fees for transactions. Eventually, you'd burn through your capital if you weren't making a profit and kept flipping

>>51501065
I think TR's team is smart enough to realize 1.2 tax would likely kill volume, but also don't want to oppose it publically, cause ''Le burn fomo'' is one of the most powerful marketing forces in crypto. (As witnessed with Shiba).

Whatever happens, Luna is going to be an interesting case study.

>>51501057
Hmm no response? Gee, I wonder why?

>>51501217
Response to what, dude? ''No cap fr fr on god'' is not an argument with a context. Its too early to know anything about USTC repegging, speially since USTC is not controlled by TR but by Do Kwon, who has recently suggested he has plans with it and the LFG which TR has no access to

You can't just post a random dev pic without context and expect to get anywhere

>>51500755
Checked

Look man the exit bounce already happened. You had the chance to get out at 0.0003+. You still have a chance to lock in profits. The whole "tax every transaction" is a simple thing to implement that has been used multiple times in the past to lure in retail money thinking this is gonna bring value to their crypto. This is fake value, just like how staking based on printing more tokens is fake value. Real value comes from dApp usage, mainly DeFi. Right now the TVL on LUNC is only $10m while its market cap is $1.7bn. Luna Classic has so many problems to deal with that will take months to solve. Hype is gonna die down. We are still in a bear market. Anyone smart will take the easy profits and maybe leave a small bag in case it "moon". 21 september the burn implementation event will be a huge sell the news event. I mean even ETH merge ended up being a huge sell the news event. Bagholders here think LUNC, which already dumped -99.99%, won't dump again on a news that EVERYONE knows. It is priced in. Off chain burning on Binance is completely ridiculous and goes against every incentive there is for Binance. GCR one of the greatest traders on Twitter is shorting LUNC. That should tell you all you need to know. Oh and the developer community is basically non existent. No serious development teams will waste their resources on an uncertain chain.

>>51500857
>you have to pay 1.2% tax of the total trade to the goverment
no..... NO i refuse to believe you're this retarded

>>51501418
I agree, I am hoping the Binance AMA and burn day news will make it pump a bit more again so I can sell and go. I am starting to see the patterns now, never letting this thing happen again.

>>51501475
Its so ironic reading that from someone who is incapable of reading the full context of the thread before posting, I won't even bother explaining myself again

>>51501512
nigger your thread is trash and you're certified retarded because of it, cope faggot lmao

>>51501492
I think they are barely holding the price up atm. Burn is 2 days from now and it's not pumping. Set your EXACT price target on when you will sell. When that target hits, you just gotta man up and press the red button. Be careful though, these kind of scammy pump and dumps that end with an "event", will almost always end with a BRUTAL dump. I'm talking about a -40% daily candle. The next support area on the chart is about 0.00013-0.00016. It might bounce back up to like 0.00025. I don't think it has any juice left to pump from the current prices to like 0.00037. You could sell half here and sell half later, but if you don't really give a shit about your holdings, then yea, hope for a nice green candle burn pump to sell. I've been shorting this since 0.00044.

>>51501634
>>51501492
grossly obvious samefaggot kekekek, also if you have a crystal ball i assume you're already filthy rich from crypto by now yeah? assuming that, why are you still posting here on aspergers central so much?

>>51501634
Based advice, Anon
Thank you for your input, I appreciate it. I am going to take my initial out now, and see what happens with the rest

>>51501407
You sound like that kid who would randomly say shit like "nuh uh, I can't be it because I have a force field around me". I came at you with something tangible and all you can do is say "fr fr no cap". Nice try though!

>>51501669
Yeah its the same person, I am not trying to lie here, I am using a 4g phone internet connection and it keeps changing my ips
Its not on purpose
No, I am not rich but I am starting to see the same patterns happen and no one here has offered a reasonable explanation of why volume won't be killed with a 1.2% tax burn

>>51501676
I've never met a kid like that, did you grow up in a psychic training center? All I am saying, the pic you posted has no context, I don't understand what its trying to say

>>51501705
I'm sorry you don't understand it, but that's not indicative of the future of the coins future, it's a indicative of your inability to understand or ask relevant questions to gain a better understanding. That's how I know you're just demoralizing and not actually trying to argue legitimate points.

>>51501730
I did ask you to explain how that is relevant to the topic, you never did. You are free to redeem yourself now
Please, impress me

>>51501752
It's clearly explained in the pic. I don't really know how to explain it to you any further than is clearly explained already. That's like someone saying "teach me chemistry". Not my problem you haven't done even the most basic research into block chain and defi terminology. Maybe stick to dog bat?

>>51501773
So what you are saying, is that you can't explain it in your own words? Meaning, you don't actually understand it yourself

I expected as much, fr fr, no cap.

>>51501806
>Doesn't even understand what a peg is
>Accuses others of ignorance
Yeah, back to telegram you go.

>>51501814
Will LUNC get to 0.01 or not?

>>51501830
Maybe? Eventually? Who knows, but failing a off chain burn, a repeg and swap will help. Please keep in mind we are in a a period of qt that hasn't been seen in the entirety of crypto.

LUNC are literally the left over of a rug pull anon. sell asap and buy something that has actual utility
I suggest either LINK or BIT
LINK is has actual utility and BIT is backed by billions of dollars in their treasury, both things lacking from LUNC

>>51501814
>Continues shitflinging out of cope
>Refuses to elaborate
>Wants to be pegged

Nuts to this

>>51501836
>>51501855

>>51501861
My brother in Christ you cannot accuse others of shit flinging when your answer to "what is a repeg" is a sexual joke.

>>51501865
>Hear ye hear ye
>I post the propaganda of my thought leaders that I don't even understand myself, hear ye hear ye

Definitely what I hate the most about crypto, cultists. Not a single community out there without copers putting their entire identity on a fucking coin. It makes me sympathize with genocidal technocrats like Klaus Schwab, not going to lie. At some point you fucking insects just deserve to be starved to death and humiliated.

>>51501939
Just admit you don't know what a swap or repeg means.

>>51500829
Ok so what I understand the outrageous fees will only come if you're trading 50 times a day which I'm sure most people don't do nor will ever.

>>51501884
It is what it is, my patience grows very thin with idiots that decide to take offense on anything you say cause they grew attached to their investments

Its tiresome

I sold this morning pretty obvious now and I was a big pusher for months to buy and hold but now I’ve seen the light. It’s also why every time a date is set for lunc to do something CZ puts out vids warning the buyer this is the 3rd time he’s done it

>>51501674
>Based advice anon
>>51501691
>I am not trying to lie here,
so what the fuck is this shit kike? goddamn you must be bored or REAAAALLLY fucking stupid

>>51501961
I know what they are, what I don't understand and is not explain is how they are going to incentive trading if the burn tax is active, how they are going to access the LFG or deal with Do Kwon who still has control of USTC

Its not very clear so far, I don't think TR knows themselves

>>51501939
Nigga saved the thumbnail

>>51501993
That's the goal though, to not require trading by reenabling repeging and allowing it to occur.
Well, in that regard, no one knows. That's why it's a gamble. Literally all of investing is a gamble.

>>51501992
I am putting my thoughts out there to let them be scrutinized and see others input, don't know what else you think I am doing
I am not a 160 IQ mastermind capable of manipulating an entire market with a single /biz/ thread, but I am glad to hear you think me that powerful

>>51501998
No, the original was like that
Thats why I liked it
>>51502123
True, I am going to be paying attention to how it develops regardless

>>51502126
>I am not a 160 IQ mastermind
Oh believe me nobody will accuse you of that, no need to worry
You replied to your own samefag post and said "based advice" kek do you know how retarded you look?
You're just a bored trolling sperg kike or really reaaaaally bad at fudding and samefagging

LUNC just broke 0.00027

>>51502209
Ty for letting us know, everything is dumping.

>>51502168
No I didn't. My IP is changing due to the network, but the person that gave me the advice is another Anon. >>51502168
>You're just a bored trolling sperg kike or really reaaaaally bad at fudding and samefagging
Maybe you are just another poorfag that has put way too much money and emotion into a random internet token, and feels any criticism is a personal attack against his very existence?

>>51500829
>https://youtu.be/qQq4BuNCjvU?t=540
>By Money Maker Avi Lev

Kek

>>51502238
Yeah, I don't like that Jew at alll. In fact I dont like a single crypto youtuber, its all such a fucking cringefest of sociopaths claiming to love you, makes me want to puke
But I couldn't find the original clip of CZ so I just linked that instead

I hope youtubers get nuked ngl

>>51502261
Wow much based
Very redpilled
One of us for sure

>>51502227
all my LUNC was bought on house money my nigger, so no i'm just having a good time win or lose - do i want it to skyrocket? of course. do i really give a shit if my house money goes to zero? not at all kek, that's why i didn't break into my piggy bank to buy it - no emotions just fun and watching kikes seethe and fud

>>51502227
>My IP is changing due to the network
because this is totally a thing that just happened and caused you to decide to samefag

>>51502327
Full offense intended. I find it impossible to take anyone that can't be asked to capitalise letters seriously. I instantly think lesser of you and will cease reading midway out of spite. You inspire no confidence.

>>51502347
Not really, I use a mobile network and live in the woods. It keeps flipping from 4g to 3g based on the weather, and everytime it happens it'll change my ip

I have no reason to samefag

>>51502373
oH nO tHe kIkE dOeSnT tAkE mE sErIoUsLy ReEeEeEeEeEeEeEe

oh wait hahaha it's the canada nigger, yeah i can tell now by your verbiage and use of "capitalise" kek keep trying you pathetic faggot ahahahaha

>>51502458
Nah, I've no idea who that is

Does ANYONE have a link to the AMA btw? one going on rn

>>51502493
here you go faggot nigger, just because i don't actually hate you but i do think you are kind of retarded

https://twitter.com/i/spaces/1OyKAVPyaEeGb

>>51502514
Based, thanks a lot
What are your thoughts on the AMA so far?

>>51502545
just tuned in, no moonboi talk so that's nice, devs sound level-headed and like they're working 24/7 on the chain so can't complain there....

>>51502579
That's good, going to fuck off meditate in the dark while listening to it

Good luck, bro. Don't get too attached

>>51502605
Based and same bro

>>51500816
Me too even hesitate to click on it at first. That flaying one is permanently burned into my memory.

>>51500857
You just incorporate that variable into calculation. If one cannot do the math I don't know what to tell you.

Fudders tongue my anus.

>>51500755
OH MY GOD IT'S OVER SELL SELL SELL

>>51500755
why does he making pulling the cord out so complicated

>>51503487
Super gay faggot nasty trannie mfer

>>51503577
Checked. Also, the dark arts are always over complicated.

>>51501020
It's literally not the same thing. One is reducing supply. The other is just taking your money. Reducing supply helps price action. Just taking your money does not. They are different.

>>51500755

I picture aliens presenting this to other aliens as an example of how primitive and easily mystified we still are.

>>51505854
>I conconct cuckhold fantasies about imaginary super intelligent aliens mocking my intelligence

Hm..

>>51501418
honestly, i am finally convinced by fud.
selling now at a loss. idgaf.
this shit is never going to work and lunc will just end up in the history books as yet another failed crypto project like tron and bitconnect

>>51506769
Don't marry the fud either

>>51500910
You get charged more than 1% to trade on any major exchange due to “processing fee” and guess what?

People don’t give a shit.