/biz/ - Business & Finance

Yup, I'm boycotting Binance.

I'm financially bored

interlinked >>51610314
my bad

thank you baker.

HODL FAST SISTERS

anyone else with esoteric knowledge enjoys reading fud posts? it's very entertaining and funny at this point

>>51615396
im losing my profit dios mio

>>51615449
You only lose when you pull out, quitter.

Heard talk around the discord that the current focus is on pushing the CosmWasm update through so dApps can start working again. Pretty big deal

>>51615396
Hey NIGGERS, I got that LUNC.

I've enjoyed comfy posting with you fellas, but unfortunately if we hit .00019, I'll be liquidated and my journey with Luna will be over.

I'll miss you lads ;_;

https://www.youtube.com/watch?v=SPnbzL1qtjk

"Ave Imperator, morituri te salutant"

>M-Muh burn
Didn't work
>M-Muh swap
Won't work

>>51615446

November 8th

OHHHHHHHHHHHHHHH BAGGIESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

>>51615499

Won't be shaken out

>>51615485
Bye loser. When we pump you'll be priced out.

>today
>$0.00024 REJECTED
>$0.00023 REJECTED
You are here
>$0.00020 tomorrow will be rejected
ALL TJHE WAY TO $0.00005 AGAIN
HAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAH
BAGGIES
HAHAHAHAHAHAHAHAHAHAHA

>>51615491
>Your dick
Didn't work
>Your dick
Won't work

Get a load of this impotent loser.

>>51615485
did you bet all your shit?

>>51615521
You realize im saying I LONGED Luna with everything I have right?

0.00019 is where my bill comes due

>>51615534
I hope so, I'll be able to rebuy in and get a ton more than I got the first time.

>>51615534
Yes honestly after loosing support at .00025 I’m surprised it hasn’t crashed lower. Hoping for it to dip below .00015 honestly so I can accumulate more

KEEP HODLIN HODLIN HODLIN HODLIN (UH?)

KEEP HODLIN HODLIN HODLIN HODLIN (WHAT?)

KEEP HODLIN HODLIN HODLIN HODLIN (UH?)

KEEP HODLIN HODLIN HODLIN HODLIN

you are god
if you want to be wealthy, will yourself into a reality in which LUNC moon

>>51615485
>>51615549
Hold on tight brother. If you get fucked, grab a bag whenever we bottom out, even if it's a tiny suicide one.
>>51615491
>>51615499
>>51615534
You will all eat shit and die. Throats slit, eyes gouged out, choking on shit and blood while you try to scream for your whore mother and the sound just doesn't come out anymore.

>>51615549
There are true retards that ended up buying in this past few weeks. I’m sorry brother how much have you put in?

>>51615576
will do.

>>51615485
>>51615549
LMAO THESE FUCKING RETARDS CALLING YOU FUDDER BECAUSE YOU LONGED LUNC HAHAHAHA
baggies are fucked in the head they just see fud everywhere and dont stop to read HAHAHAHA they only can read TO THE MOON WAGMI and shit like that

>>51615485
U'll be alright. I just got liquidated for my what was a 3 mil stack and building back now. Looks like we have plenty of time, and a dip to buy. If you actually hold to 1$ even hundreds of thousands is life changing and enough to easily flip into millions

>>51615597
they prob dont know what it is desu

>>51615534
Id actually be happy af with slurping at 00005

>>51615576
This is so god damn dumb bro, how about we collectively come up with different use cases for lunc instead of being fucking hippies

How long am I going to let biz take my money? they got me on dogbat, santab0nk, floaty blue dog, hpos10i, grimace coin, zha0 and now lunc. Just fucking kill me...

>>51615567
>>51615608
You fucking retards still dont understand that it wont pump again
Well, your money, if you are happy wasting it im not gonna stop you lmao
ah, dont throw everything at $0.00005 it will go even lower with some time

>>51615534
You do know if it even drops it would be extremely cheap to slurp right? And Just 1 rumour pump you'll be super in green to take profits right? Just look at those guys that bought at .00008 or lower, they made thousands on that .0007 pump.

>>51615669
Need to screen cap this for when it ages like his mom, like a sour milk.

I'm so dizzy

>>51615666
Unironically was just about to say thats some satanist shit too

Humble yourself or life will, you are no god

>>51615667
Or maybe stop apeing in on the come up?

>>51615410

>>51615694
Satanic trips confirm, even Lucifer thinks those clowns are morons

>>51615669
Kek oh no what ever will i do if i lose a few hundred dollars. Kikes and low IQ jeets are the only ones who dont recognize the moon potential here. I truly could not care less if it goes to fucking 000000001 i will still slurp

>>51615512
lmao I wrote that pasta ahahahaha

>>51615396
Anyone in thread tonight active in the discord?

>>51615729
And when i say kikes i mean they actually probably do see it but are just disingenuous as opposed to jeets who just bought matic

I sold half my stack at 2x so I'm now just playing with house money. TOO comfy

>>51615746
I am lurking the discord, I ain't talking in that cesspool.

>>51615692
Rico was an idiot for chasing Carmen, Dizzy was always best girl. I just hope one day I'll meet a gal who'll look at me like she did at him.

>>51615746
Cant stand reading those faggy redditor normie moonbois shit

>>51615767
Same bro.
Cute curly hair tomboy gf that is madly in love with you...I wish it was me

I'm better off selling now and buying before the "pump"
Because at this pace, the pump will be at less than 0.0001

>>51615767
>Carmen
Carmen is straight roastie tier. Dizzy is where it's at.

>>51615783
>>51615797
women in war are a meme, but Carmen loved Rico so much she threw away everything in her life to follow him just for a shot of being with him. that's like literally one-in-a-million waifu tier right there.

>>51615815
>Carmen
meant to write Dizzy, kek
Carmen was always a backstabbing bitch

>>51615783
With nice tits too. They're so desensitized to everything, it's normal for them to all bathe together. But I'd imagine if that happened irl, it will be like those nude beaches where people will start fucking in a corner and people will just ignore them. Cause at that point, they're just having sex out in the open to get their sexual frustration out and nothing too deep.

>>51615765
>>51615776
I’ve never bothered because I figured it would be full of jeets and redditors. Perhaps someone reading this then can propose some use cases that anons here might brainstorm. I was thinking perhaps having lunc being used as a gambling alt coin, because let’s be honest, that’s why we all invested in this opportunity. As a gamble. Maybe other anons have other ideas?

>>51615836
the movie turned out surprisingly good despite the faggot director trying to turn it into a parody of the book. just goes to show you that you can shit all over the source material and still make a decent flick if you give the story enough gravitas and break it up with fun scenes. the modern SJW treatment of IPs is flat-out antithetical to anything fun and entertaining, and a literal butt-pirate trying to spoof fascism made a better movie than all of Disney is capable today with shit like Trek and Star Wars and now Amazon with LoTR.

>>51615731
based af

>>51615887
The only worthwhile channels in the TR discord are dev discussions and ustc revitalization. There are a few proposals for repegging USTC floating around that I am not intelligent enough to articulate here.

The major bet is TR pulling a rabbit out of a hat to repeg USTC because if that happens $1 LUNC truly is FUD. The minor bet is CZ is playing 4D kabuki theater and will implement off-chain burning.

>>51615984
>There are a few proposals for repegging USTC floating around that I am not intelligent enough to articulate here.
Could copy and paste the most important posts or something, ionno. Screencaps?

Hey niggers

>>51616011
hey anon

>>51615984
>The minor bet is CZ is playing 4D kabuki theater and will implement off-chain burning.
are we giving him too much credit? maybe the guy is just a chinky jew who's letting his greed cloud his common sense. burning LUNC would definitely not drive away volume from Binance, especially if all the LUNC holders aggressively petitioned other cexes to follow after Binance and implement the off-chain tax. seems like CZ is cutting off his nose to spite his face, the guy's got like 40% of the LUNC supply and is doing everything in his power to kill the project. he even retweeted that insufferable faggot FatMan.

>>51615464
based

>>51616011
yo wassup my melanin enriched brother? how's you hangin' in your crib today, king? don't let waypo get you down man we're takin' errything from these cracker mothafuckers! not even their crypto is safe from African kangs!

>>51615998
I’m phoneposting right now so I’m not gonna screenshot. I can say that (former) dev @4lex_4sh4w has a plan with some traction within the community. However, 4lex also seems like a major faggot imo. There’s another Japanese user whose been posting ideas (kenshin? or something like that). Also,
some Texan posts a lot there as well. Scroll through the ustc revitalization page if you’re serious about it.

>>51616017
He's being a real jew about withdrawals from binance too, from the looks of it. Charging 102k LUNC to withdraw, as opposed to kucoin, which is allowing people to withdraw with less than a percent of that in exchange fees

>>51616065
I think the chain should do something like F0M03d to get tons of people using it - would burn an ass fuck ton if momentum took off

>>51616065
>@4lex_4sh4w
aka USTCuck Alex. that faggot's plan was to mint 600 billion fresh LUNC to soak up USTC's debt. and guess what, FatMan and him are tight as butt-buddies. the guy is a termite burrowing through the TR foundation, he also publicly fudded the burn tax on Twitter so TR kicked him out. seems he's wormed his way back in again...

I swear to god the biggest obstacle to LUNC making it are faggot saboteurs.

>>51616092
he also blocked Trust Wallet from allowing LUNC withdrawls, but allowed deposits. dunno what his plan is but he pissed away years of building up his nice guy for-the-people persona in a matter of days. him and Binance have been getting a metric shitton of negative PR, half of India is screeching at them on Twitter, kek.

>>51615984
That’s what I figured. The repeg truly is the holy grail here. I was just throwing ideas against the wall and seeing if anything could possibly stick. The reality of the situation is we lost the bedrock support here and we must face reality. Perhaps there are some ideas to help attract attention that can be brainstormed and implemented

>>51616110
They let the faggot back in? What’s funny is that, before all the Alex drama came to light, the Jew birds came here talking about how they got an insider within TR. shortly after, that’s when the Alex bullshit happened. This isn’t good if they let him back in

>>51616153
4lex is still an active poster but he lost his dev status last time I checked.

>>51616153
>>51616110
I don’t think he’s back in, just that some of the ideas he floated are still around. I don’t see his idea of minting more LUNC being considered at all.

>>51616149
weekly lottery on terra station easy to implement. Gamblers are retards and would even get more volume onchain.

>>51615534
I can't fucking wait. Fuck jeets. Fuck weak stomachs. Slurping time coming soon.

>>51615534
>slurp another 10mil for 500
PLEASE GOD

>>51616189
>I don’t see his idea of minting more LUNC being considered at all.
good. because it's retarded. and even if it weren't, he himself was retarded for trying to push through USTC revitalization at such a critical juncture in LUNC's revival. could've just waited 3-4 months after all the burns had been implemented, but no, he had to fud publicly on twatter of all places at the worst possible time, and after literally months of unpaid work by Ed Kim and Zaradar and all the others. they should've banned Alex from the Discord for all time.

the guy is an idiot at best, and a malicious greedy saboteur at worst. he's good with FatMan because they're both 2una and USTC holders with an axe to grind against LUNC's post-crash "vultures". fuck them both to the depths of Tartarus.

The fud is strong but I ain't selling

>dopamine running low
>curtains closed
>vitamin d depleted
>feeling the depression coming on
>"w-we're going to be rich a-arent we??"
>breathe a sigh of relief
>other anons are reassuring you you're going to make it
>ten minutes pass
>the feeling has worn off
>time to make another thread
>”LUNC price prediction thread"
>yeah that's nice... look at all those numbers
>put all the posted numbers and multiply them with your stack
>haha wow, thats a lot of money
>imagine what all you could do with that money
>maybe i'll finally have sex...
>sun peeks through the curtains
>you hear your parents waking up
>hehe, fucking wagies
>the depression comes back
>the dopamine rushes dont last as long as they used to
>time to make another thread
>"is 10m LUNC enough to make it?"

https://twitter.com/FatManTerra/status/1573626855650902019
>Promising insane returns while downplaying the very real risks poses a serious danger to retail investors.
good thing we have FatMan to look out for us! golly gee I wonder how we'd ever manage to get anything done if there weren't people like him and that gay Canadian twink to watch out for us! nanny states aren't enough to guarantee our safety, we need pure and noble watchmen who'll make sure we don't piss away our hard-earned money on the "wrong" type of investment!

I love it when sanctimonious grifters try to mask their lies and personal scheming under the guise of altruism. god I wish I could take a 2x4 to that faggot's kneecaps. people like him should be tarred and feathered in public just for the brazen attempt at trying to steer public opinion.

>>51616237
They're all trying to destroy LUNC. probably in collaboration with CZ. Why? Because it benefits the man on the street. Can't have the goyim making it. For the little it is worth you have me on your side. Gloria in excelsis Deo!

>>51616327
mate, it makes my blood boil seeing the type of societal manipulation going on. most of us here are immune to it from years spent on the chans, but normies slurp that shit up like nectar. it's not enough we have grifters and psychos in legacy media, now they're moving into crypto as well... it's funny how evil always congregates together. not one of those self-styled altruists is interested in going after the truth, they're just out to fuck over other people and gaslight them into impoverishment. the only reason FagMan shits on LUNC 24/7 is because he's a 2una and USTC baggie... just like Alex and all the trannies from plebbit. CZ showed his true colors as well. honestly, fuck them all, never selling! if we make it we make it, if not then fuck it, I'm riding this train to millions or 0.

>Gloria in excelsis Deo!
damn right brother, the Creator sees all and will judge the unworthy.

>>51616371
who the hell are alex and fatman

https://youtube.com/shorts/0aZf0JStJzg?feature=share
>URGENT LUNC UPDATE
https://youtube.com/shorts/0aZf0JStJzg?feature=share
>URGENT LUNC UPDATE
https://youtube.com/shorts/0aZf0JStJzg?feature=share
>URGENT LUNC UPDATE

CZ PLEASE HELP THE COMMUNITY SIR

>>51616469
Okay. Now I'm worried

>>51616469
Best fud so far, this one actually made me laugh.

i havent spent 14 years on /pol/ and /new/ for nothing. on monday is super shmita, and we will all be rich. maybe only wluna shizos, but that's fine with me. and i swear if not, big nose tribe is gonna have a small "the great reset" in their WEF facilities. and not in minecraft. .

>>51616494
tf is /new/

>>51616511
/pol/ before /pol/ was ever born.

>>51616519
Ah
>>51616494
Also, walk me through how shmita affects any of this?

>>51616494
I thought shmita was supposed to mean a big crash and then poompa after

>>51616384
>alex
a quant and ex-Wallstreet trader who was for a time one of the (marketing?) devs in Terra Rebels until he started publicly shitting on the burn tax. his plan to revive the chain consisted of printing a fresh batch of +600 billion (BILLION with a 'B') LUNC to soak up the USTC debt so a repeg could commence... in essence, he wanted to devalue LUNC and use it like a tampon to siphon all the bad financial blood from USTC. needless to say, that would've imploded not just LUNC but th entire chain as well, as it would bury any faith in its revival... but Alex doesn't care because he'd get his and offload his bags. he holds both USTC and 2una, and is one of the pre-crash baggies. hates LUNC and LUNChads with a cold and calculated passion. closest physical approximation: Grima Wormtongue from LoTR.

>fatman
another pre-crash baggie holding USTC and 2una who managed to gather almost 100k followers on Twitter because he started calling out Do Kwon during and right after Luna shat itself and died. enjoys posting cryptic and retarded takes about the leading figures in the space, as if most of us don't already know all of crypto is one giant online casino. supposedly he's organizing multiple groups of litigators against Kwanzi, but so far has failed to provide any evidence whatsoever, and (ab)uses his place in the spotlight to wax poetic on the nature of decentralized finance. likes to sniff his own farts and LARP like he's fighting for the little man, when in reality he uses his massive sway over the crypto Twitter space to constantly FUD LUNC and extol the virtues of centralization in the vein of fiat and legacy banking. if it was up to him, all of crypto would have government regulation up its ass deeper than a ladyboy's cock up a sex-tourist's bum in Pattaya. is a fatass, a cuck, a faggot, and probably a vegan. closes physical approximation: Goblin King, from the Hobbit

>>51616197
This is a great idea, this could target current in community retards who need dopamine fixes

>>51616538
Jewish cycle of seven years where something really horrible economically happens at the end of each cycle followed by poompa. The last cycle ended in 2015 and the current cycle is set to end this year.

>>51616551
Ultra based. Both of them should get deleted from the server.

>>51616538
A simple google search would satiate your curiosity anon

Give my your souls goyim
$10 eoy herr we cum

>>51616575
thanks pal you win fren of the year award

>>51616587
Where do you guys get thu
Is estimator?

>>51616588
Fuck you nigger, have a great day.

>>51616602
Lunc.tech
SMASH LIKE AND SUBSCRIBE
ITS YA BOIIII ANON

>>51616585
just needed a push in the right direction desu. I can research til the sun goes down but it saves a lot of time when somebodys speculation is included that I can try to refute or prove.

>>51616587
is it broken?>>51616606

>>51616615
Based. Thanks anon. 1400 years sure passed quickly

>>51616017
The yellow fucker is entirely inscrutable and I honestly can't even guess as to what his agenda is. The outcome of his bogus opt-in query is bound to do more damage to the public perception of LUNC than plainly rejecting the burn and he knows it. Seems counterintuitive to go the extra mile to harm a coin that you own nearly half the supply of?

>>51616606
I hope you kys yourself and have a pleasant afterlife faggot xD

>>51616494
Putin will stand down
Jews will declare victory
Markets will start to pump

>>51616371
The cold hearted evil which has held sway over the world can be defeated and overcome. The power He holds is beyond all compare.

LG what say you to a daily prayer gathering? 10 minutes at 5pm UTC. We will witness the miraculous unfold through His Grace. At the most basic level spend 10 minutes a day together (because it is exponentially more powerful) imagining LUNC reaching $1. If they want to use esoteric techniques well so shall we.

https://www.youtube.com/watch?v=gPz3kqsQio4

Christian or otherwise I would urge you to pray for divine intervention.

I. O my Jesus, you have said: “Truly I say to you, ask and it will be given you, seek and you will find, knock and it will be opened to you.” Behold I knock, I seek and ask for the grace of [insert your intention.]

Our Father…Hail Mary…Glory be to the Father…Sacred Heart of Jesus, I place all my trust in you.

II. O my Jesus, you have said: “Truly I say to you, if you ask any thing of the Father in my name, He will give it to you.” Behold, in your name, I ask the Father for the grace of [insert your intention.]

Our Father…Hail Mary…Glory be to the Father…Sacred Heart of Jesus, I place all my trust in you.

III. O my Jesus, you have said: “Truly I say to you, heaven and earth will pass away but my words will not pass away.” Encouraged by your infallible words I now ask for the grace of [insert your intention.]

Our Father…Hail Mary…Glory be to the Father…Sacred Heart of Jesus, I place all my trust in you.

O Sacred Heart of Jesus, for whom it is impossible not to have compassion on the afflicted, have pity on us miserable sinners and grant us the grace which we ask of you, through the Sorrowful and Immaculate Heart of Mary, your tender mother and ours.

Say the Hail, Holy Queen and add: St. Joseph, foster father of Jesus, pray for us.

>>51616587
Why did it go from 1000+ to this??

>>51616469
>the average LUNC fud poster here

>>51615667
Was pic related you anon?

>only 1600 years to go
>only 1500 years to go
>only 1400 years to go
>only 1300 years to go
>only 1200 years to go
>only 1100 years to go
>only 1000 years to go
>only 500 years to go
>only 420 years to go
YOU ARE HERE
>only 69 years to go
>only 10 years to go
>only no years to go
NEEDFUL DONE SERS

>>51616587
This things gotta be fucking broken

Good morning sers expect worldwide curry shortages untill Chinky bat gobblers are dealt with

>>51616634
I guess the boomers were right they just fly by as you get older

>>51616587
Wasn't it 1400 Years?

>>51615918
>>51615836
>>51615783
>>51615767
This was a low-budget scfi-fi from the 90's and yet still bangs. Just like the accidental invention of champagne.
https://www.youtube.com/watch?v=-hPNIwafEPw

>>51616669
Ita from implementation of the burn not from the start of terra luna classic mein downsyndrome anon

>>51616469
https://www.youtube.com/shorts/iTGCoBbj6aE
KINO

>>51616618

>>51616706
I can read you fetal alcohol abortion, how is that relevant?

>>51616110
So did CZ give any updates with regards to when Trust wallet would allow withdrawals from LUNC? Trying to transfer to a decentralized wallet so that fucking psychopathic chaud doesn’t fuck with me again.

>>51616708
Just fuck it, I'm selling

>>51616709
thanks dude. So have we had the crash yet or is more doompa supposed to be incoming? And does this mean technically we should get out of all markets for a year and buy the low? Or are we approaching poompa territory now

>>51616092
Last time I withdrew from Kraken they took a fee of 0.1 Luna Classic

This place is finally fun.

>>51616708
Holy fuck I want to sell so badly

>>51616709
Apparantly it's super shemitah this year. Looking at the pic for 1973, seems like we're going down.

>>51615887
>gambling alt coin
One "tried", somebody rugged after a few days lmao. And it wasn't made in the Terra network.

>>51616760
#LUNC community. Please remain calm and level head. Absolutely there no reason to push hate towards Binance or any CEX . That behavior coming from the $LUNC community is not a good reflection of what we are. United we stand, divided we fall. Stay positive community.

>>51616469
>>51616708

>>51616794
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA I CAN'T HOLD

>>51615396
So when does stage 3 of grief set in? Or are you still all angry that your precious chuck e cheese tokens aren't going to be bought : (

bloody bitch basterd fuked withb a superpoiwer

>>51616708
Lmao. Based pajeets.

>>51616794
GM

>>51616794
Fuck Pajeets
Fuck Fatman
Fuck the Bird Jew
Fuck Alex
Fuck Kaifeng Zhao
And fuck Jannies, just for good measure

>>51616694
>>51616656
>>51616669
Burn volume increased. Simple as. Also it changed from "From start" which I assume includes the dead time between the vote and implementation to "From Implementation"

>>51615887
It has no use case and never will have a use case. No one wants to use a "currency" that has a fucking burning mechanism. This shit is somehow worse than safemoon, which is also going to zero.

>>51615396

BABOONA!!

>>51616197
Now that you mention it...

>>51616835
Eth gas fees just aren’t real then. Not a thing

>>51616852
Those are for sure the same thing! You are so smart!

>>51616835
The burn mechanism is only temporary.

>>51616869
Explain in practical terms how these are different for your average investor.

It's over isn't it.

>>51616835
The burn stops when we hit 10b. If you actually know what the fuck you're talking about and not just randomly fudding you'd know this.

>>51616810
bitch be ready for me i will come soon with inhuman hindi strength

>>51616893
Yes go sell. I need this to drop a bit more so I can slurp up for a comfy stack.

>>51616894
There will never be enough demand for you idiots to hit 10b, enjoy being exit liquidity.

I'm just having fun with the pajeet posting btw. I sold but I'm def willing to buy back in. All the collective fud was a good reason to deget out while the market did its thing. I was watching that .00023 and since it broke I'll be watching .00019. Hopefully that is the bottom.

Also the whole shmita thing seems like normalfaggotry by now. Wouldn't surprise me if literally nothing happens Monday. Get the goyim to short the market and get liquidated? Either that or we're really fucked.

Unironically don't give up on LUNC. It's gonna bring some returns when its time is due. Might as well hold. Specially if you entered at higher prices than now. Just learn to be patient and take some profits faggots.

why we are mooning? now

>>51616900
I'm a bit... Too lazy...

>>51616810
Is this why LUNC is pumping now?

Okay so im still not seeing how the swap is what will actually save us. I understand that it apparently has something to do with repegging USTC, but I dont understand how they plan on doing that. And dont post the medium article it doesnt fucking say what their plan actually is. Its just vague paragraph after vague paragraph. And this isnt even touching on the fact that the SEC is talking about possibly rekting algo stablecoins to begin with.

>>51616936
whatever anon stop fudding, ok?

>>51616905
Like how's there not much demands for you right? Virgin boy.

>>51616944
Checked but fuck you. Im not fudding im trying to have a discussion about all this. I hold a 10 mil stack so obviously I would like this to succeed. Everyone is acting like the whole CZ/binance situation is a nothing burger, and never really mattered. But idk im not seeing it that same way right now so maybe someone can redpill me..

>>51616978
It obviously matters but it's not killing the moonshot. It's killing the temporary momentum. People who took profits want to bring the price lower so they can multiply their stack. The burn is great bait for normalfag exit liquidity. Normalfags will FOMO in.

>tfw I market bought another 5M stack, I'm numb to your weak FUD.

>>51616944
>asking legitimate questions like why would rich assholes burn their LUNC stacks to pump poorfag bags is fudding

>>51617022
Yeah but the burn was clear how it would lead to the moonshot. The swap/repeg just seems very vague about how it all plays out, at least as far as I can tell.

LUNC chads burn is going to plan do not be fudded out by weak queers. Not is the time to upgrade your stack if you want more.

$1 EOY kek will its

>>51616900
Le 3rd grade reverse psychology.

>>51617046
What the fuck is so vague about burning LUNC to mint USTC?

Can't wait to see cunts fomo in again for what will it be this time, the tenth time?

>>51616936
Im also not quite clear on how exactly the swapping is supposed to increase the burn by a factor of 50k or whatever they said. Sounds nice but not sure if copium or hopium. Holding either way though

>>51617069
For example who’s backing it?
We don’t have right now the BTC reverse that DK stole during the crash in May.

>>51617069
Lmao okay. So how does burning LUNC repeg USTC? Also how are they getting this LUNC that they are burning?

>>51617088
Basically, see
>>51600927
and
>>51601250

>>51617111
Fucking checked
Meme magic dictates 1$ is fud

>>51617046
Just give it some time. All these markets are massively manipulated too. Logic doesn't always translate to immediate results in the market. The burn narrative is still really good. It's creating the narrative normalfags will want to FOMO in. BTC niggers need to get their shit together along with equities.

Le burn becomes less important when there's the narrative of le bubble popping and the world entering a great depression on Monday because le shmita. We hold the 200 week EMA for the DOW, see everything pump and we're good. We'll take it from there.


>Pic related
If you know, you know. Porn watchers are not going to make it.

So any new news apart from CZ being a colussol cuntoid?

Just 1300 more years to go.

>>51617054
No I'm actually pretty serious. I want faggots to sell so I can see them rope when any price action happens and they rope.

so funny literally econ 101 tells you this burn tax makes this chain unusable. Will literally be a ghost chain.

However shorting is wayy too crowded trade and wayy too expensive to short. Eventually lunc will go to 0 but might take few months or a year.

>>51617169
Its actually 400 now faggot

>>51615750
>>51615729
MEDS

>>51617157
Nope. A bunch of bad PR for binance and waiting on his gay vote to be implemented

>>51617106
Burning LUNC isn’t what re-pegs USTC. A pegged USTC helps burn LUNC.
>>51617184
Eth gas fees
>>51617090
See
>>51617111

Don't believe their tricks

>>51615576
Already there, 11.00 USD per lunc token

>>51616550

Correct, except Shemitah is over tomorrow and started last September, hence why every market took a gigantic shit through 2022.

Well you fuckers asked for utility, They're gonna release an NFT collection for Lunc.

is it over?

did we really bottomd out sis?

>>51616587
WITNESSED HYPSPEED LUNA REPEGG
AAAAHHHH
HOLD ON LADS

>>51617242
Literally comparing apples to oranges.

>>51617341
Honestly I’m bit scared when Binance will reopen deposit, there might be selling pressure.

>>51616685
>ahh yes the war of 1712

>>51616587
Clearly the years indicator is not accurate considering we are shaving off hundreds of years a day

>>51617383
And that's a good thing. Cause we can slurp them up.

>>51617383
but we bouncin sis

>>51617359
I ask once again: what is the practical difference between the tax and gas fees to an average investor?

>>51617111
>>51617242
But neither of these explain how they plan on repegging USTC.. like okay that logic makes sense. I understand how swapping LUNC for USTC could burn a bunch of LUNC. But why would anyone be doing this swap without a repegged UST? Also what about when people swap from UST to LUNC?

https://discord.com/channels/978124265482231809/1013468287687983114

They can answer all technical questions regarding Lunc (swap, peg, ibc, etc. etc. etc).

>>51617462
It's because the conversion between LUNC and USTC would mint 1 USTC, not convert it directly. The LUNC used to print USTC would be burned. USTC has no cap whereas LUNC will once we've burned the supply down to a more manageable level.

>>51617494
>>51617462
Basically,
>>51479029

>>51617494
>>51617523
Okay maybe im being a complete brainlet but im still missing the crucial "peg UST to $1" step. Like this post >>51479029 seems to just gloss over it.

And of course also the whole SEC voting to fuck over algo stablecoins.
>inb4 "americunts"
Still if that succeeds it will have a negative impact id imagine.

I'm out of the loop. Is the burning going on? Why we dumping?

>>51617556
On-chain going on, off-chain going on in minor exchanges but Binance said it'll take it to a vote in order to decide if it does off-chain or not. The vote method is questionable and difficult to overcome, sowing doubt which makes faggots sell. Real Lunchads don't give a fuck, we're going to the moon with or without chinkie's help. TLDR: $1 EOY.

>>51617556
Burn is happening but its buggy. Big reason for the dump though is CZ has stated he wont support the burn essentially

>>51617555
the repeg is the actual hard part.
There is a 10 billion dollar debt that has to be covered somehow (there are good ideas on the discord server allready).
Enabling the swap will be the first step to recovery and once the repeg starts lots of people will swaptheyr lunc for USDT for quick gains.

>>51616735
Never bought, was skeptical so I bought ORE/UDO . Crypto is freezing atm to be honest.

>>51617555
>if
It won't, especially since I strongly doubt algo coins are anywhere near the top of the dem's list of things to tackle with midterm elections coming up.

All this fun as soon as the slightest roadblock matierialises. You fucking fags should sell then, you don't deserve it.

>>51617556
Big finance knows this is dead and has no future it’s why they’re shorting it

>>51617604
Its a pretty fucking big road block. Dont pretend like its some run of the mill poo fud

>>51617597
Mind sharing any of the particularly promising ideas? I know the medium article just mentioned vague shit but did specifically state "without outside investments" or something along those line. Tbh I dont have discord or ever use it.

If the offchain burn didn't happen would it be possible to blacklist the binance wallet and effectively take its 2.5 trillion out of circulating supply in one go? Or is that a pipe dream?

>>51617642
Not exactly the most decentralized thing to do lmao
Btw, seriously, it's not their fault if people misunderstood the 1.2% proposal, expecting Binance to comply off-chain as well.

>>51617642
A partial burn on Binance's part is better than none at all, but it's still insanely shitty. Fuck him. People should take their LUNC out to MEXC or something that IS doing the 1.2% spot trading burn.

>>51615410
You're a retarded jeet

>>51617581
He stated the opposite, he's just handling the matter in a democratic way.

>>51617555
The bill is most likely a nothing-burger. It’s been collecting dust for months, hasn’t even been voted on yet, would require several more votes after that and is all around unlikely to pass. It will likely end up in the bill graveyard, with the hundreds of other proposed regulatory crypto bills that never passed. It only started making the rounds when an article about its existence was posted in the most blatant attempt at organized FUD I’ve ever seen.
>How to repeg USTC
There are several ideas floating around in the discord. I can’t claim to know the exact manner in which this will be achieved but I will try my best to properly explain it.
>Debt
To clear USTCs debt and get it back to $1 we would need approximately $10B. The way Alex and Fatman (those faggots) wanted to get it done was to mint 600B new LUNC and pass the debt onto that which is a piss poor fucking idea. The same goes for creating other coins and having new investors pay off the debt. I am no TR dev, but can make some basic guesses as to how they will want to proceed based solely on what is public knowledge right now.
>Utility
This has always been the number one primary focus for TR. This comes from development of dApps on chain and the investors those attract. More interest, more money flowing in, more chain activity.
>How
To my knowledge they are currently working on updating the chain so that existing dApps become operational again. I heard somewhere as well that with some simple changes they could make porting existing 2UNA dApps to LUNC a breeze as well. Reopening the IBC channel and exposing the blockchain to the rest of the Cosmos ecosystem and allowing LUNC to interact with dApps there is also fairly important. Beyond simple utility there are ideas in the discord involving more technical ways to repeg USTC but those would require a long discussion and I’m afraid I don’t fully understand them. Know that there are some genuinely intelligent people on there.

>>51617635
there are some retardet proposals like minting 600 billion luncs to cover for it which no one really supports. Then there are some proposals to change the burn tax to 0.6% and give the other 0.6% to the community pool to use it for repeging. Nft's, a lottery, games and other utilities are also in the talks to bolster the community pool. Repeging will take time and it wont happen this year. Its planed to start in Q1 of 2023 after swaps are enabled. The burn tax is actually burning USTC too in a much bigger poportion then Lunc right now so that helps too.

hey guys, checking in.

>>51617728
We’ll likely be getting more info in the coming days from Ed’s new medium article.

>>51617736
I'm sorry for your loss, anon.

>>51617698
>Check MEXC volume
>0.29%
I believe the solution is the problem itself.
I mean maybe the burn could work in exchanges where there is a trade every 1 or 2 minutes and with an average of $20 per trade like MEXC.
But market makers, whales, trading bot moving back and forth every second would not find it sustainable to burn 1.2% for each transaction.

>>51617736
wtf is that ? Did you close that shit or did you get liquidated ?

>>51616735
>>51616760
God gives his toughest battles to his greatest soldiers my brothers

So, burn tax on Binance is over? Or is there a plan to mobilize lunc holders to opt in?

>>51617698
Nah its either a burn or no burn from binance. It will only be partial until the vote either fails or succeeds. Remember he said he would remove the opt in feature eventually.

>>51617205
Why did it jump so much?

>>51616065
his plan is to mint a trillion lunc to market dump and repeg ustc. and then use the market cap of lunc to stabilize ustc. are you onboard with that?
best of all is it's not going to work (for obvious reasons)

>>51617736
Same thing happened to me with 3m. Never leverage trading or swinging my lunc again and slowly building back up. Only have 600k now but staking them and never fucking selling and plan to continue accumulating god willing we have the time

the daily reminder that all the good LUNA projects moved over to Polygon
sell while you still can

>>51617728
>>51617734
>>51617752
Definitely hope we get more info cause $10B is a fucking ton to cover and shit like NFTs and lottery pools dont instill alot of confidence.

Also the fact that people are mentioning minting more LUNC is disconcerting. Almost 7 trillion LUNC was minted and it didnt stop LUNC from depegging how stupid do you have to be to think minting more will somehow fix it?

>>51617834
>is it over
It literally hasn't started yet.
>a plan to mobilize lunc holders
Yeah its called shiling on the discord, on reddit, and here.
The discord has over 10k users
Same with the reddit (probably some overlap)
You have to think about the normie influencers on youtube who are also shilling LUNC and any other coins they can profit from constantly.
Search for lunc on youtube to increase its trending rank.

wen $1 bros

>>51617983
I originally bought my bag on May 14th and it's fucking over bro read the room

>>51617999
Why didn't you sell when LUNC was 0.0006?

>>51617999
Wasted trips.

>>51618003
I did and I've been swinging it a few times since
>>51618004
No

>>51618012
>implying

>>51618026
Stfu nigger baggie

>>51618029
seething

>>51617710
But I love lunc, lunc will make me rich.
It doesn't take much to see that the actual play is to not take CZ's bait.
Seems he wants an excuse to abandon lunc since he may not of actually believed a random autistic group would rise from the ashes and implement his ideas.
Now that TR backed him into a corner I think he's just trying to placate the masses from enacting a mass exodus.
Ironically, a mass exodus imo would be more likely to make him bend the knee.
Either way it wont matter once swapping gets enabled.

Try not to suck CZ's dick too hard over there you retarded moonboi.
He's not necessarily the good guy in this story just yet.

>>51617999
How short minded are you?
Do you swing like a mad cunt or do you actually buy and hold?
It's only over if you're a paper handed sissyboy

The burn started 3 days ago.
Binance is starting the opt in.
LUNC penguins validator in 30 days
other cexs implementing the burn
it takes more than a few weeks if you want to invest in something.

>>51618052
I'm up 20x from swinging and you're a fucking baggie.

A big crypto crash is coming, the smart play is selling and waiting it out rn

We haven't seen the worst. Don't be like the idiots in Shiba Inu that spent an entire year coping (since October 2021) till now, bagholding.

>>51618093
Sounds delicious. Can't wait to slurp.

>>51618052
kek the narrative is always changing baggies are so lucky this is an anonymous board and cant repost their nonsense with names attached

>>51618093
Definitely waiting for this so I can slurp and make x1000 on literally a $10 investment. Get fucked nerd.

>>51618093
kys fud nigger

>>51617975
Yes it is a lot. Not something that can be rectified in a day. An idea I saw floated around was a moving peg, for example $.10, increasing as more of the debt gets paid off. Don’t know how feasible that is or if it’s even a good idea but it is an idea.
>minting LUNC
This idea was only proposed because the people interested in it were pre crash USTC baggies who wanted to recover their losses, even if it meant completely butchering the chain. The dev pushing that was kicked out so honestly I see zero chance of more LUNC ever being minted.

>>51618087
That's fine but you're not a long term holder. You're a daytrader. It doesn't matter to you.

clown world is collapsing.
LUNC $1 EOY

>>51618087
If thats true how the fuck did u do that

>>51618191
Buy low sell high. Also shorting, I'd imagine.

>>51617217

>>51618181
Symbolic digits.

what's the difference between a lunafag and a shibafag?

>>51618256
Lunc hasnt had its 10000x yet

>>51616735
The narratives will change pretty soon, privacy is really becoming a thing and investing in that niche is a good move I made, my opinion though. Selling in the dip isn't a smart strategy if you ask me.

>>51618256
We have a general full of paid fudders on a "dead coin" for some reason, and the OGs are still up at least 2x plus

But you already knew that didn't you negative IQ nigger

>>51618181
Sequential digits, nice

>>51618256
>LUNC
Fast L1 blockchain with low tx fees
Possibility of genuine utility via a ustc repeg
Various schizos hold most of the supply

>SHIB
Dog coin that has already done +10000%
No use case
Whales hold most of the supply

>>51616810
>>51616898
>>51616933

>>51618339
This.
Shib might pump a bit in a year but at the end of the day it is a meme coin.

Cup and handle in the hourly. Should I fomo in?

>>51617999
>read the room
The room says you're a faggot

Winnie the Pooh is under house arrest after a coup in China. How can we profit from this my fellow LUNCHADS

>>51618401
Yes.

>>51618339
>>51618389
Shib actually has utility and Binance gave us a big fuck you by adding it as a payment method with the Binance card. Also the Shib game is coming out in a week and 5% of all proceeds gets used for the burn. Some estimate that if a good amount of people play the game and is successful, Shib is seeing a 111T burn a year. So in 5+ years you might have gold in your hands.

I feel like our fate still lies in the burn/CZ. This whole repeg/swap shit seems like such a pipe dream. The perfect carrot on a stick though.

>>51618530

Oh a fucking game you say wowee

Comfy holding here still. Any lunc holders here hold on binance or have you all moved?

muh dick coin

>>51618297

My thoughts exactly. I got into crypto and biz a year ago during dogshit coin bonanza and I’ve never seen as much coordinated fud targeted at a coin like I have with LUNC. Makes u wonder what the small hats are so afraid of.

>>51618580
Did you miss the 5% proceeds goes to burning? It's not about if the game is good or not, if it's gonna be used by people that wanna burn, install it in like 1000 virtual boxes and botting it.

You are too retarded to think how easily you can abuse this.

Thinking about SLLLLLLLLIIIIIIIUUUUURPPPPPPPINNNNNGGGGGGGG fucking JOOOOOOOOOOOOOOOOOCCCCCCCYYYYYYYYYYYYYYY

>Cheapies.

hehe.

>>51618580
And you ignored that Shib is actually used as a currency and that CZ is taking care of Shib more than Lunc at the moment. Yep totally a retarded fudder.

>>51615537
>Impotent
>Get a load
Anon, I...

>>51618622
It's called an Oxymoron with you being the moron. God I fucking hate you ESL.

>>51618530
Shib game?

>>51618608
>>51618595
>>51618530
>shib has actual utility
>LUNC somehow doesn’t
What the fuck am I reading

>>51618640
Not right now cause most of the devs are staying away. That's why we want it to repeg to UST also maybe after that NFT for Lunc that guy from the TR discord is shilling goes live.

New weekly candle in 19 hours as well fellow baboonas.

>>51618640
It's not that lunc doesn't have utility.
It can also be argued that shib does too.

>>51618649

QRD of TR discord tranny shilly NFT rug pull scam plese sers bloody bitch bastard ser bitch bloody,

>>51618671
Update your picture, it's already passed 1B.

When's CZ going to roll out this homosexual feature? A week, two weeks?

>>51618671

>>51618687
>homophobia outside of /pol/
cringe

>>51618734
more like homodisgustia

>>51618683
Good morning bloody bastard burger bitch bloody bastard American bastard bitch ser I can update your bank account information so I can redeem ser.

>Curryposting

>>51618038
Go read through the boycott Binance hashtag on Twitter and tell me how middle Easterns / Africans you had to sift through before you find one white person.

The voting mechanism is fair, the only people who don't like it are retarded brown people who have a problem with the democratic progress.

>>51618734
>phobia
Fear and disgust are two uniquely different emotions.
No one fears gays, they're utterly repulsed by how disgusting the gays existence is.

>>51618734
Homophobia was created by the jews and will be eradicated the second the last one turns to ash in an oven

>>51618772
>Using twitter unironically
Well that's one way to say your a jeet.

>>51618637
lol English is my first language nog, I was being stupid

>>51618772
Its fucking retarded because the way its set up its guranteed to fail. Some fucking democratic process.

>>51618772
Not gonna lie, as much as I want an off chain burn CZ is right and it's really people that threw in maybe $10 thinking it will make them rich are the ones crying for it. Like it's nice if he does but why would somebody have to bend his business for some random people. He's running a multi billion company, not the Bill and Martha Gates foundation.

>>51618734
/biz/ is the most racist, homophobic and antisemite board of this whole shit hole website. Deal with it or go back.
LUNC's make it stack is now officially 6M, for (((reasons))).

>>51618765
Fuck, I wanna eat beef stew now. Also chicken alfredo.

Is it true that we deleted like 900 years?

>>51618811
I'm going with based on this one chief

>>51618831
Yes, we are down to 450 years based on the current running average. However, we don't have swaps or dapps yet so it really doesn't matter what number shows up right now because it'll pick up even faster once everything is in place.
Here's the website for the tracker https://lunc.tech/

>>51618691
>>51618671
>>51618683
Here my niggers it was my OC anyway kek

>>51618799
How? I mean the blog was pretty vague in how it explained the voting process, but why wouldn't people holding the asset, opt into be taxed?

Opting into being tax is a vote towards burning, which passed 99.8% for offchain burns.

>>51618907
>>51618907
>>51618907
>>51618907
>>51618907
bread

>>51618904
Here's a template if anyone ever feels the urge to update the count lel

>>51618593
Only reason I can see is that LUNA/UST was a decentralized stable coin. At least compared to USDT and USDC which they have their greedy little fingers in already.

>>51618734
I'm working on this joke about how after it rains, when the rainbow is in the sky, how it's some sort of bat signal for fags to pump one another behind the nearest dumpster. Need a punchline, though, if you feel like helping.

Thanks.

>>51615534
I legit wish that
>tfw swinging poorfag

>>51618909
Because it has 2 criteria.

>A) 25% of Binance LUNC holders have to opt in

This criteria isnt a problem and i imagine would be acheived easily enough but the 2nd criteria is what makes it a sham

>B) 50% of the TRADING VOLUME has to opt in
This is what fucks us because holders (the people primarily wanting the burn) arent the ones contributing to daily volume. Also you have to already be holding to opt in so first time buyers also dont contribute. Alot of the volume is likely swing traders and guess what, they dont want the burn. The burn hurts people doing frequent trades the most.

>>51618811
Based and checked ill get 1 more million

>>51618909
The end goal is based on trading volume. If you hold it doesn't mean shit. You really think you can rely on 50% of swingies? Swingies aren't in Lunc for the long term so the burn means nothing to them. You called me brown and you don't even understand that CZ's "compromise" was nothing more than empty promise to fill the gap until he can find some better damage control?

what's the best exchange to buy LUNC?

>>51615495
Saw license plate today thst read 08NOV or may have been 08N0V, think it's a sign?

>>51619070
The main issue is that there wasn’t any clearly specified timeframe for those 50%. Does it have to make up 50% of tge volume predominantly 50over the course of the entire month, or just pass that threshold once? If the latter a a coordinated sell/buyback could be an option (although I don’t believe that is even feasible), and even he might just use his monsterwallet to counteract it. This really is just the Kaifeng Jew spitting in our face after raping us in the ass.