/biz/ - Business & Finance

first for dead coin

>>52325688
HH frens

I’m about to double my bag, shits gonna be so cash when corpos buy in. 1 LUNC = 1 XRP

>>52325688
please anons I need this coin to work nobody loves me

>>52325784
What is corpos?

>>52325825
corporations idiot

>>52325750
>first for dead coin
You wish fucking faggot

>>52325750
This is how you know we made it

not going to lie, i'm amazed luna isn't at .0001 right now

Gonna say that I'm honestly surprised about how lunc has behaved during all this disastrous event. ETH has dumped more than a "dead coin" and a "failed scam chain"
If things start pumping again (lol) and it's not over for crypto, a bright future awaits lunc sisters, I'm even more confident after today.

In retrospect, it was just a dip

Can someone spoon feed a newfag on how to short?

>>52325750
Me chilling hodling a dead coin. If it stays dead oh well, but if it resurrects like a phoenix it will burn more jews than 10 holocausts. That’s worth my beer money.

>>52325931
Thanks, faggot

>>52325750
We're actually doing pretty fucking well today compared to everything else.

>>52326235
Pretty simple. Wait until the price crashes, sell your bag, wait until the price goes back up and buy back.

FUCK ME WHY DIDNT I SHORT FTX

>>52326235
Nigger stop with the bottom signals kek

FUNDS ARE SAFU
>FUNDS ARE SAFU
FUNDS ARE SAFU
>FUNDS ARE SAFU
FUNDS ARE SAFU
>FUNDS ARE SAFU
FUNDS ARE SAFU
>FUNDS ARE SAFU
FUNDS ARE SAFU
>FUNDS ARE SAFU

>>52326235
if you're talking about leveraged trading go through your exchange of choice's tutorials. They're pretty informative. Know what the fuck you're doing before you start though I'll give as advice.

>>52326437
That's swinging, bloody benchod
>>52326463
Handsome man I'm not a nigger

Am I crazy or is the lunc chart actually looking pretty good right now? All things considered of course

>>52321357
Bro CZ is unironically anti-kike, you didn't know?

This was on Adolf's birthday:

https://www.coindesk.com/business/2022/04/20/binance-unveils-quickly-abandons-swastika-like-twitter-emoji/

>>52326634
Yes and it's not delusion I honestly was expecting to buy under 0.0001 again today.

>>52326521
Literally this. KuCoin has pretty thorough tutorials, pretty sure you don't even need an account with them to use it

>>52326437
>Pretty simple. Wait until the price crashes, sell your bag, wait until the price goes back up and buy back.

sell low buy high , i like it
>>52326534
>That's swinging, bloody benchod
Both or you are idiots or trolls, can't tell
and i'm not trying to be rude

>>52326666

Checked

>>52326756
> sell low, buy high
Yes it’s known as the /biz investment strategy, named so because of its extensive use here.

>>52326235
>>52326521
>if you're talking about leveraged trading

first step , don't do leveraged trading, you'll get rekt
try to short $5 or whatever at first, lose a few just so you learn before you want to dive in deeper waters

The amount of people talking about shorting and free money and how to short leads me to believe the reversal is inbound, maybe not right away but relatively short term.

>>52326959
Sometimes you fuck, sometimes you get fucked

>>52327065
Ftx should continue to fucking plummet shouldnt it?

>>52327065
>[Post a Reply]
>[Return] [Catalog] [Top]
>31 / 8 / 22 / 2
>[


its already been shorted bcuz the ftx sell off

the correction is occuring soon

Plus the monthly binance burn with volumes this big is gonna beee huuuuuge on december 1st

>>52327168
You'd think so, but it seems like when everyone is thinking that, that's when shorts get liquidated. It's just too risky a game.

I'm still trying to process the last two days kek an exchange went under and the whole market crashed after months of boring crabbing. Tbh I prefer this than the crabbing

Anyone here think this sbf/ftx vs cz/binance was all orchestrated from the start? The dude literally went full degen mode after getting loans for his worthless shitcoin that he printed out of thin air. How could he be that braindead? Seems like it was all intentional with the purpose of getting retards to cry out for regulations en masse and giving the gov the excuse they need to step in.

AHEM

K

E

K

B A G G I E S

>>52326634
looks good, I slurped at 18

>>52327284
BTC was about to break out of it's descending channel so whales forced it back in to continue the bear market.

>>52327420
the delusion is off the charts LEL

>>52327223
yeah it makes you feel alive again

>he's a good guy, this was all a part of the plan to give it all back

>>52327223
honestly, same

So other than this FTX bull shit whats actually going on with LUNC? Did the Vegas proposal pass?

>>52327284
that’s exactly what’s going on.
the whole cz defeated sbf is just theatre for the masses.
this is 10000% going to result in new regulations, especially with the new crop of (((politicians))) that were just newly purchased-oops i mean ELECTED.

Can someone redpill me on how shorting works? Like if I short that jews exchange with $500 when it was at $25. How much would I have made now that its at $5 or whatever?

>>52327601
no. essentially right now the next milestone is IBC reopening, but until trillions of lunc have been burned there really can’t be any serious price action.
we’ve burned around 20 billion lunc in 3 months… that’s decades of burning away. There has to be a radical increase in burn volume

>>52327662
Supposedly swapping will speed up burns by 50000x.

>>52327601
>Did the Vegas proposal pass?
Yeah

>>52327662
Wait so the vegas proposal didnt pass and that slimy kike alex is getting his council? Also whats their plan then to increase burn volume?

>>52327717
supposedly was good enough for me to buy in originally.
it’s exciting to see whether or not lunc can successfully revive itself, because there’s a high probability that it fails eventually.
If TR actually pull this off… they should be hailed as heroes. I don’t think anything like lunc has ever happened in the history of crypto before so, definitely interesting to see the story progression play out.

Now that kikejiro has been muzzled, can we get the burn tax back to 1.2%?

>>52327792
I still think CZ knows something that nobody else does. If LUNC truly had no future, Binance wouldn't have bought up any of it and would have dumped all of it way back in May. There's also still no explanation as to how they bought any of it when trading was supposed to have been completely halted.

>>52327494
kek you seriously don't have any lunc?

>>52325688
Anyone knows when will the next one come out?
I need PnLium. Please!!!

>Price low
>Volume high
>Binance burns are now monthly
Dec 1st, will be a huge burn, that will push momentum expotentially upward
Jupiter leaves Pisces in December too.
Buy now or be forever priced out

>>52327732
so what's next for the kike alex, ajewkiro Cringe DAO and the gang?

>market red
>lunc green
why?

>>52328049

>>52328190
Someone bought a fuckload earlier and bumped the price for a bit.

>>52328076
More madness and fuckery without doubt. I almost can't wait to see what they cook up next. I'm sure they'll keep at it until the SEC drops the hammer on Dear Leader.

I find holding luna classic to be very therapeutic

I bought back in here's 80$ more for the chinks idgaf

is he on the run?

>>52328432

>>52328432
Yes. Same playbook as Do Kwon

If cz is anything like me he going to go all in on lunc after a day like today

>>52328542
>>52328607
>SKYKING SKYKING
>DO NOT REPLY

After todays performance if you sell your LUNC before 2024 you are throwing away possibly the best gamble of the next run
Hell, I was a gamble when I bought at 0,0001. Now I actually believe in lunc.

>>52326514
Whys he so focused on usd? He dont even got usb

>>52328718
Dude u got baggiemengitis

Fucking lol, is this starting to sound familiar?

>>52328759
yeah, feels good.

>>52328822
lmaooo checked
it’s Luna 2: Jew Boogaloo

>>52328845
What a meat sock

>>52328944
I bet Alex just got a major hardon upon hearing this.

>>52328822
>Can't wait for my airdrop of FTX2!

>>52328822
Where have I heard these same words? Oh yeah when Luna crashed 8 months ago. That sounded so far ago.

>>52329043
LUNA2 and FTX2 merge incoming LUNC and FTXC btfo

>>52329139
FTTC is real btw:
0 xD9F6724F250F4dA8453e3DD97d718872BF72C1Da

Threadly reminder LUNC will replace BTC.

remember when 1$ eoy? lol

>>52329832
To be fair they never said the end of which year.

Should I buy FTX?

>>52329953
If you hate your money and your life, then yes.

>>52328944
>it’s Luna 2: Jew Boogaloo
checked and kekked

>>52329982
Why is the strategy different to buying LUNC though?

>>52330065
>Why is the strategy different to buying LUNC though?

>>52330065
Because ftx was an exchange that went bankrupt and filed bankruptcy. The guy that was running it abandoned it and there is no one to maintain it. Luna was still being maintained by TFL when it crashed and we bought it up after the crash, then they forked it into luna2 and abandoned the old luna which turned into lunc. That was picked up by terra rebels , and is actively being maintained

TLDR; no one is maintaining ftt.

is everyone doing their part by retaining their semen? do not blow your loads!!, store that energy for lunc pump

>>52328432
>>52328542
We need a CZ tweet on this image with the Donald Trump nipples protruding text

>>52330333
Trips of retention

we climbin back up

>>52330333
>anon is retaining his life force
>rolls trips effortlessly
A true baboona does not need to cooma. All of nature is his bounty to be explored. With our energy together we can create whatever reality we desire frens. Let us be rich, free, and healthy! You and me and CZ with our LUNC!

NONONONONO YOU'RE SUPPOSED TO BE DEAD AHHHHHHHHH MY FUCKING SHORTS

>>52330801
I'm surprised it is still holding up despite all the chaos unfolding in the rest of the market. Guess that's one of the perks of being all in on something that everyone has already deemed a failure, no sell pressure left.

>>52330930
what is already dead cannot die, sister. i'm really surprised at how my plucky LUNC long has survived the absolute fucking bloodbath of the past few days. god willing it stays resilient

fuck are we going back again?

i wanted to slurp more.
wanted to throw another $5.000
go back to 130 you piece of shit

please sirs redeem you basterds

>>52330893
>lost millions of dollars
why do people still not understand the difference between realized and unrealized gains?
Unless you invested millions and watched it burn to nothing then sold you didn't "lose" anything otherwise you're just a greedy kike who doesn't know how to take a win and just wants to keep watching the number go up

>>52326514
This chink is the protector angel of those who trust him. I'm glad I'm team CZ
>>52327065
This. YouTubers are already jumping on the shorting train. We may be at the bottom. We just need crab for a year or two and then, zoomer pussies on our dicks 24/7

>>52327743
Vegas won

>>52331000
checked

>>52331284
So what is akijewro, ed, alex, and co doing now? Whats their latest scheme? Wasnt zaradar also on board with it even?

>>52331536
They are scheming something as we speak. We must remain vigilant

Does anyone have the Do Kwon Gangnam style pasta? I want to read it

>>52325688
>>52325800
>>52326166
>>52326666
>>52327199
>>52328822
>>52328944
>>52329000
>>52330333
>>52330533
>>52331000
>pumping when the whole market is red
>all these digits
>mfw
we truly are gonna make it, aren't we

>>52331745
Absolutely.

>>52331745
it is my earnest hope and desire that every single one of us makes it. even the paper hand swingies. even the smug bobos who enjoy fudding their own bags. even the normie redditors who will fomo into the coin as we rye. wgmi

>>52331745
this is not "pumping" what the fuck are you talking about

>>52329832
We are still in 2022. Watch and learn.

>>52331879
>this is what they’re excited about

>>52332269
Our little LUNC, all alone, all day. The worst day in crypto. Our little green bubble. Awww.

>>52332269
Zoom in, coomer. LUNC $1 EOY

>>52327578
Cope it again, Sam.

LUNC will 10000x from here

>>52332269
now compare it to 99% of other coins

Any chances this going to 0.000130 or 150 again?

>>52332623
this is what im thinking

>>52332405
What a strong little cutie.

>>52332623
If only jeets stopped selling as soon as lunc reaches above 0002.

Its about to giga dump again

You guys better be prepared for the Solana dump. $1 billion dollars are about to be unleashed with very desperate people trying to cash out

>>52333228
binance doesn't allow me to place an order below $2.9

>>52333228
Didn't solana foundation activate hodl mode? No unstaking allowed, KEK.

What the hell bros why are the staking rewards so low?

>>52333293
normies learned to stake

LUNC will moon.

>10mil stack stuck on voyager

>>52332405
5:5

>>52332427
Fuck i wish.....

>>52333293
how much are you getting per million?
it was 800 LUNC per day
what's the number now?

in retrospect.. hope you didn't sell.

>>52335828
It will be even lower tomorrow. Burgers are still sleeping

>>52325688
Absolute newfag here, how do I get lunc rewards?

>>52336027
By staking but it's now worthless.
Rewards are not as high as before.
Every normie has staked now
Captcha: J0OJPW

>>52336027
Are you staking your lunc already? If you are you can redeem them from the terrastation app assuming that’s where you are staking them. If you aren’t staking your lunc then you need to download the terrastation app and stake your lunc and it will begin generating you rewards you can withdraw.

>>52336123
what APR rate in LUNC staking?

Fellow LUNCunts how many of these jewbirds are going to flock over to the rebels? TR is already complaining they’re overworked, undervalued, not respected, and work for free.

>>52336320
Nice soft fud you got there

remember when we were at .00059 bros..

>>52336603
Easy come, easy go. It will come back and go far beyond that point, don't worry.

>>52336863
With everything LUNC has survived, a push back up is an inevitablity

I warned you
people that rape infants and post black and white pictures of birds never lose

>>52337202
>I warned you
>people that rape infants and post black and white pictures of birds never lose
And you praise them?

>>52333293
>>52333329
>>52336123
The fuck are you talking about? I calculate it weekly and its almost the same than a week ago. If you are checking some dashboard or external apy is probably bugged. But yes, obviously its not as hight as the first month but still huge compared to any other staking coin

>>52337547
It just calculates wrong on the Terra Station.
This has been covered in previous threads.
We're still getting a very consistent 27% APY from staking rewards, this will continue until either a lot more LUNC is staked (unlikely without some kind of big change on chain) or when the Oracle rewards start to run low (won't happen for close to 700 days from now)

>TL;dr
Until at least this time next year, you'll be good to get 27% APY rewards, when in don't, calculate them yourself.

>>52337869
yeah but there is always a faggot in every single thread like STAKING REWARDS WENT TO SHIT HOLY SHIT ITS NOT WORTH IT ANYMORE ITS OVER
...when we are getting a fucking 24% apy at least lmao. It's not even fud they are just fucking idiots unable to do some math

>>52332405
Lunc is unstoppable it will eventually be the top crypto by eoy

>>52337202
We're in a pretty comfy position right now though...

>>52337202
are you blind, have you not seen an awakening unfolding? have you need seen the noticing?
you think those people you refer too are going to win over the chosen coin?
repent my dude

Finally some positivity. We're all friends and we're all going to make it. Except jews

I'm so euphoric. Many of us are fucking richer than bankman fraud. I'm laughing

Guys this shit is so comfy. I simply decided i'm gonna hold all the way and never sell until it's atleast a 100x/1000x. If it goes to 0 I simply don't give a fuck it's only money. If it moons then cool I have more money to do cool shit and improve myself and my community :)

Papa CZ protec me

>>52339656
me too. we are so comfy

Looks like everything is finally decoupling from BTC, and especially Lunc. The next months will be very interesting to follow.

What does this mean for us bros?

>>52340573
that shit is broken I tried Algorand and they have 0 too.

My unstaking period ended and my coins are nowhere to be seen, what happened?

>>52341416
>what happened?
Pic for proof

>>52340573
0 lunc held by binance
it's over for luncies

>>52341602
It says it got sent to some random address, first as a “send test”

Binance published cold wallet adresses and balances of their held coins

More to come, LUNC also?

>>52341932
I mean its common knowledge if you search for it, but still nice

>>52328822
Deja Vu.

Looks like we're getting FTX 2 bois

>>52341416
Someone please help me

>>52339346
>>52339374
He still got 100kk, while (You) hold the bag kek >>52340573

>>52342194
Don't forget to stop posting during shabbat.

>>52342147
I had a 5 mil bag and idk what happened

>>52328822
FTX Classic oh shiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii

I'm so mad of missing the dip.
Fucking go back to 000130
Aaaaaaaaaaaaa

>>52328845
So that's where DK is

>>52342748
it's 0.000128 on osmosis now if you want to be a gigadegenerate

>>52341416
What validator were you using?

>>52343406
Thanks anon but i don't want to deal with osmosis..also who knows when they gonna fix that..
Two months ago they said in two months

>>52343485
Allnodes

>>52343599
Two months ago they said June 2023. Now it’s December 2022. Retard

>>52341416
Was your wallet compromised?

>>52328822
>You can't just lose 8 billion dollars of everyone's money and declare bankruptcy.
Oh, no.
Luncsisters, should we tell him?

Alright LUNChads, who do I stake with? 100 mil stacker here.

>>52341689
Look at the block explorer. When you unstaked your coins they should be sent to another wallet address (not yours) from your delegator for 21 days. After 21 days that address sends them to your wallet address.
Look if you received them back or not.
If you did, and they were sent out, your wallet was compromised.
If you did not, it may be something else.

re-peg plans should be dropped

>>52337251
>>52338894
>>52339211
it's sarcasm you autistic fucks :)

>>52344230
Anyone not trying to kill the project pretty much.

>>52344230
Vegas.
Lunc station 88

>>52344311
So is Allnodes the play? Have they been compromised by the recent nose-like activities? I've been out of the loop for a bit.

>>52344230
Read the OP maybe ? I'm staking with Vegas myself.

>>52344338
Just look at the proposals they vote on, how they vote, look for info on them here and elsewhere as far as any possible shady activity, and narrow it down to what reward levels you want vs commission accrued during delegation. We need to bump up all the smaller validators that are working towards LUNC's success too.

>>52344338
I think they abstained from Vegas' prop to foil Alex's kikery, which is better than them vetoing but they voted yes on the 0.2% tax reduction.

>>52344338
Allnodes is kiked.

>Terra Luna Classic General
Looking at the amount of replies in this thread makes me sad.

You people need to let go and accept that you lost a shitton of money. Copium will not get you anywhere, stop wasting your time

>>52344230
Here are the big ones who aren't sucking circumcised cock

>>52344688
Faggot, even with the recent bloodletting I'm still up 2X.

>>52344705
I'm still slightly about my average (00018)

>>52344275
Your dad should have dropped...
His load in your mom’s mouth instead, but here we are.

>>52344735
>about
*Above

>>52344735
You're practically and OG then. Nice to see another that still frequents this cesspool.

>>52344788
I bought my first 2 millions Wluna in May (I hold 8 millions now), and I've been DCAing since. I kinda regret not profiting from the 0006 pump but I'm new to crypto, and it's been a great opportunity to learn. If it goes to zero, I only lose 1500€ or so, not the end of the world.

>>52344688
>implying there's a single soul here who held pre-crash
please do 10 seconds of research before turning up to a thread with the intention of enlightening everyone

>>52344338
I will tell you right now, stay away from:
LUNC DAO
PFC
Allnodes
TC Core Dev <---- Akujiro

none of them have your best interest in heart

>>52344888
Checked.

>>52344888
If you're new to crypto, my advise would be not to invest in coins with big marketcaps
LUNC current marketcap is so big, that at best your $1500 will be worth like $5000 some day, while it could be worth 150k if you invest in a small cap unpumped coin

>>52345412
True, if you live in a 3rd world shithole and need literally 1000x on your $300 bag to escape from it.
If someone's fine to lose $1500 on crypto, he'll probably be fine with 10x or so.
Anyway, diversification is a must.
If you split 50/50 or XX%/XX% on top50-100/topWhatever coins, it's the best mix imo.
Promising projects with <$100M MCap are always worth putting at least beer money on.

>>52344688
Ser thank you ser there are nice people in this world who truly care about other peoples money. What should I invest in ser? HELP ME SER I NEED TO REDEEM SER

>>52345412
>LUNC
>at best your $1500 will be worth like $5000 some day
Lol, lmao even at this though.

>>52345412
Ser I need to redeem ser what’s this low cap gem you speak of? You trash this shitcoin but offer no better investment. Help me ser.

>>52344888
>checked WAGMI
CZ KNEW SBF was responsible for the luna crash

>>52345412
this reeks of canadian 'chad'
he would always say 'big market cap means little room for growth' as if everyone wasn't relying on a burn

>sage exists because some funny man on the internet thought eggman in his spider mech upside down looked like a girl

>>52345706
Ser let’s try to stick to facts ser

>>52346303
Really want this guy to get heemed in court.

>>52345412
Long time no see, twink. Go ahead and post a wrist shot

>>52345328
>TC Core Dev <---- Akujiro
Misleading fake ass nigga name
Somebody should spam his validator email calling him faggot , fudder, lying piece of shit

>>52346303
>stick to facts
Facts say you should be not shitposting on twitter, but imprisoned rn, ser.
Anyways, he's afraid that people will start digging.

>>52346303
>stick to facts
He conveniently forgot the sort of world we live in collectively. Suspiciously convenient to make a firm rebuff of an otherwise non-definitive assertion. Giving himself away there.

>>52346303
His fucking nerve

So what price is real for eoy? $0.01?

>>52346894
>Suspiciously convenient to make a firm rebuff of an otherwise non-definitive assertion. Giving himself away there.
Ah, yes. Simple logic, really.
The man who was silent for days during the crash, rarely posting stuff like "steady, lads, hold on to your bags" while his investors were losing billions.
Is the same man that urgently answers twitter shitposts that claim "it's all connected" with zero evidence provided whatsoever.
Checks out.

>>52348163
1 Lunc = 1000 FTT.
Can't calculate in dollar, it's too volatile.

>>52345841
>>52346429
Wow you guys are good, that was actually my first post in a LUNC for like.. 2 months or something. I assume you knew it was me because nobody ever bothers clicking on LUNC threads besides desperate bagholders filled with hopium so there isnt much fud in here?

>>52345841
>he would always say 'big market cap means little room for growth
Which is true. Also I find it surprising LUNC still has like 1.4 BILLION in marketcap
>as if everyone wasn't relying on a burn
As I once tried to explain, token burns are a meme, what matters is liquidity. I mean if I made a shitcoin and sold it to 100 /biz/ anons, and then I decided to "burn" a lot of tokens, we wouldnt all get magically rich. If that was a cheat code for free money, every single coin would to burn
Now why do you think LUNC burning the supply will somehow make you rich?

>>52348533
Because there is a point where the supply gets so small it doesn’t matter anymore - 100 is a terrible example. But when you have 6 trillion the supply does matter. More supply the cheaper things are, that’s universally true if just about anything. You have to get into the sweet spot where there is enough of a supply to be useful but not so much that it’s not worth anything.

>>52348432
>>52348533
And what a nice 2 months they were

>>52348687
Can you tell me about ANY coin that appreciated in marketcap after a burn?
At the end of day, liquidity is all that matters, and burning tokens doesn't create liquidity out of thin air

>>52348533
>I mean if I control a government currency and I've decided to print a couple trillions to 'solve' some kind of manufactured crisis or just because I want to make myself and friends rich AF, it wouldn't help. If that was a cheat code for free money, every government would do it.
What is inflation and deflation?
>what matters is liquidity
Lunc is more liquid than your brain, that's Forshaw.

>>52348432
This is >>52344888 posting here. Please never show your foreskin again.

>>52348687
He's just fudding. With the volume Lunc generates, it would have already mooned if the supply was <1 trillion. The huge supply is the main barrier for Lunc comeback.

>>52348831
Liquidity is the cake
Each token is a piece of the cake

More liquidity = more cake for each piece
More tokens = less cake for each piece

Liquidity would naturally come if there were less tokens in circulation, for now it's too diluted to make a meaningful difference, unless the whole yearly budget of the US was funneled into LUNC somehow.

Simple as.

>>52349020
No you don't understand
I mean I tried to give a very simple example of me burning the supply of a coin with 100 holders, we all agreed that none of us would magically become wealthier
What about 1000 holders. 100 000 holders?
How many holders and marketcap do you need for a token burn to "start making money" for holders? The answer to that question is zero because what matters is liquidity. I mean theorically, the LUNC bag that you bought for $100 could be worth a million dollars in a few years "after many burns"
The problem however is those would only be numbers on a screen and no person/exchange would accept to purchase those tokens from you against cold hard cash.

>>52343889
That’s what I fear

The Phoenix Prophecy

>>52349201
How is it theoretically possible, but not possible? That’s a logical paradox. You were arguing the price would never go up not whether anybody would buy it.

Haven't shown up in these threads for a few weeks
how are we doing?
is the plan for incrementing the burn by activating the Swap still going?

>>52344888
Great attitude mate. Anyway, all you have to do is wait 2-3 years and you will be rich so what a fun ride you will be on.

friendly reminder...
the enabling of IBC will send WLUNA to the moon

>>52332405
CUTE!

>>52349333
>How is it theoretically possible, but not possible?

Because the first people to cash out their LUNC would suck out all the liquidity and tank the price. Look at Rubic for example, it had a 9mil marketcap prior to the recent hack. The "hacker" proceeded to market sell 1.2 million dollars worth of rubic, and it brought the marketcap from 9m to 1m, also tanking the value of every single Rubic holder
To put it simply, if LUNC applied a huge burn RIGHT NOW and your $100 was instantly worth 1million, then a whale would market sell all his tokens and your 1million dollars worth would dump right back to $100

>>52349399
Pretty much, yes.
>The swaps and dApps are what creates demand for the user of the chain.
>This demand comes in the form of new money and users entering the ecosystem
>Each time a user extracts value from the system (either fiat currency or a service) they burn more LUNC
>This will continue to increase the value of each individual coin because the mcap is spread across a smaller number of coins

What the Canadacuck fails to understand is that the audience for the coin isn't limited to the 100 or 1000 or 100,000 people that he gives in the example. The inherent scarcity of a commodity is what makes it valuable. If oil was as plentiful as sea water, it would be as cheap as sea water, but it isn't, which is why it commands a price of about $90 a barrel.
Now the Canadacuck is going to be willfully ignorant and say "but in this example, LUNC would be the sea water!!!" Because he literally cannot comprehend something that's plentiful AND valuable at the same time.
He also purposefully ignores the way that dApps attract customers to the chain to bring in more liquidity.

50 years --> 100 hours
few

I lost my 5.2 mil stack to spammers, someone help me

>>52349621
It doesn't just "become valuable" people need to buy what you're selling, holy shit this is such uninspired FUD it's embarrassing.
This completely ignores the use cases for crypto that make it ACTUALLY valuable and the way that mcap is calculated.
Mcap here= last price*coin price. It doesn't have anything to do with the currency put into the system, you have to wait for the market to normalise the price with it's new perceived value.

This also ignores that the climb up the charts is reliant on people buying and selling the coins at increased rates. The mark price can't just jump suddenly unless there's a manipulation at hand. You could publicly buy LUNC for $1 a coin but that doesn't mean the rest of them will be worth that; it just makes you a sucker.

>>52349636
>The inherent scarcity of a commodity is what makes it valuable

That only applies to the real world though, not the crypto world in which anyone can create a token out of thin air. Look at RWS for example, why isnt it more valuable considering it has a very low supply of 50/100 ?
>He also purposefully ignores the way that dApps attract customers to the chain to bring in more liquidity
dApps that do what exactly? There used to be a use case for LUNA; you deposited your cryptos on their platform and it gave you nearly 20% interest. As we all know, this wasnt sustainable and the platform violently crashed
Now what is the current use case of LUNC? I hears the majority of projects that were on LUNA left for matic and whatnot after the crash

>>52349762
>It doesn't just "become valuable" people need to buy what you're selling, holy shit this is such uninspired FUD it's embarrassing
I agree with this 100%. Indeed, the only way you'll get rich from LUNC is from other people buying it, not through a token burn

Has it reached 1 dollar yet? Oh thats right lmao

>>52349820
>Create a token out of thin air
Except you don't. You have to build them on networks and it's the use of the network that creates value.
Just look at a mobile game like Candy Crush. The "coin" of extra lives (or whatever) is unlimited because it's generated on demand; has no value outside of the game; and can be ignored by instead just waiting a few hours for your lives to reset.
And yet, thousands of boomers pour millions of dollars into it every year. Because they find value in the entertainment provided that outweighs the value of the dollars they put in.
Now, yes, it is not an open market and the audience is relatively captive, but there are hundreds of CC clones in the market that people don't play, exactly like there are hundreds of shitcoins (like RWS). But Candy Crush sets its pricing model in a way that the users still feel happy to pay it.
You're just thinking of crypto as a store of value, which most shitcoins are, the real paradigm shift is using LUNC as in have currency for a bunch of metaverse games, smart contacts, lottery systems, and a secure payment method.

>The Matic meme
So now you're just gonna quote what a bunch of jeets copy paste into every thread? Christ, even I thought you were better than that.
No, most projects haven't abandoned LUNC for Matic. A lot of them have been developed in parallel so that they can work on both networks.
The opening of the IBC and parity with the 2UNA network is going to be where LUNC can grow into other use cases.

Complaining about not having enough dApps now is like when Marco Polo complained that crude oil didn't taste very good.

>>52349621
Wow the bullish as fuck Luna Classic really is a Phoenix. I can sell durning the pump then slurp during the dump and wait for the next pump and dump.

>>52349702
Elaborate further. How did it go down exactly?

https://medium.com/@alex.forshaw/multisig-material-updates-b221e02facbb

>>52349878
It's not just about the burn and never has been.
The whole point of the burn is to get supply to a point where there's a much larger degree of scarcity and that the value (fiat currency or sweat equity or speculation) is spread over a smaller number of coins.
It also realigns LUNC with the original Luna whitepaper.
Personally I think 10B is too low and will cause to many fractions of a fraction of a LUNC to be "standard" transactions and I'd prefer we only went down to 100B, but that's not what the community wants

>>52350099
More minting.

>>52350014
>You have to build them on networks and it's the use of the network that creates value
That's not true at all. Just look at something like Doge, which has a marketcap much higher than LUNC. Nobody "uses" doge. I mean barely anyone actually uses crypto because it doeant have a use case besides being illegal goods and fraud. I mean even something as big as ETH, its number 1 use case is to launch pump and dump shitcoins on which play the game of "get in and out with profit before it crashes"
>the real paradigm shift is using LUNC as in have currency for a bunch of metaverse games, smart contacts, lottery systems, and a secure payment method
Literally every single coin out there claims to be that. "Bringing tradfi to defi, cheap and fast payment! A unique and robust network of nodes and validators! Please buy our shitcoin"
Also the fact you would even bringing gaming, let alone metaverse gaming leads me to believe you're a pajeet that made his 1st crypto purchase in 2021
>No, most projects haven't abandoned LUNC for Matic
I'm just repeating what I hears to be honest. I have a question for you though. How come dextools doesnt list LUNC as one of the many possible L1 chains?

>>52350100
at 100b supply each lunc would be trading for around 10-20cents so that would be more than enough for anons here to sell
anything under 500b coins or even 1t is good enough.
the tricky part is burning 6 trillion coins.
once that starts happening we are 95% of the way there

>>52350100
>It's not just about the burn and never has been
Are you kidding me? A few months ago when it mooned to 0. 006 or whatever it was ALL about the burn. You're either being dishonest here or have short memory

>>52350274
>Using doge as an example
It's use case was that it was funny and speculative. That's literally it. Enough people went "hurr durr funny yellow Dog" that it became a self fulfilling prophecy and the momentum built upon itself. The actual tech behind doge is practically ancient and the ass will fall out the bottom of it once it's dropped out of the zeitgeist.
>ETH as pump and dump
I don't disagree that the VAST MAJORITY of people use crypto as a speculative asset. But that doesn't mean you don't also have good projects that get built along the way, (butchering the metaphor here but) like Al Capone's poor houses and soup kitchens

>Muh gaming muh DeFi
Yeah I know that's the default meme at this point, but eventually crypto is going to have it's breakout title that will generate legitimacy. It's like going back to 2005 and telling people that in only 15 years, there will be stadiums full of people watching teams compete for millions of dollars in a Counterstrike competition after training for months in dedicated gamer compounds. Something is weird until it becomes normal.

>Dextools
I'm not one of their reps so I'm only going to speculate that they don't list LUNC because it's not open to the IBC yet. Why advertise being ready to release on a network that hasn't been tested yet?
Similar example. The Ford Mustang was available in the US for decades and only ever got registered onto English roads through grey imports. Only recently did the UK get a fully right hand drive Mustang that fully complied with UK regulations. Ford never advertised the Mustang in its grey import days because it was a waste of money advertising for something they weren't sure would work (both in a compliance, manufacturing and market sense).
I'd guess that dextools is the same age that they won't even mention the possibility of working with LUNC until they've done their own audits on viability

>>52350384
It was one step, but not ALL about it. Learn some comprehension. The burn alone does nothing. The burn with utility provides everything.

>>52350528
>Using doge as an example
No matter how stupid Doge is, it still proves you wrong when you claim "the use of a network creates its value". Or more serious stuff such as Polkadot, again a much higher value than LUNC and I don't even think their mainnet is up
>Yeah I know that's the default meme at this point, but eventually crypto is going to have it's breakout title that will generate legitimacy
Why would it? The fiat system is way simplier and way more convenient. Besides, Globohomo is too strong to allow it to take over fiat. About crypto though, gaming doesnt benefit from it in any single way. Buy a Xbox series X and gamepass if you like gaming
>It's like going back to 2005 and telling people that in only 15 years, there will be stadiums full of people watching teams compete for millions of dollars in a Counterstrike
Bad analogy and you just outed yourself as a zoomer. Picrelated
>I'm not one of their reps so I'm only going to speculate that they don't list LUNC because it's not open to the IBC yet
Well where can I go checkout this liveful and vibrant LUNC ecosystem and checkout theit dapps, newly releases shitcoin on LUNC and etc?

so with binances proof or reserves, will we finally be able to know exactly how much lunc king chink owns? or will it still be in dispute as to who actually 'owns' those coins?

>>52350553
>The burn alone does nothing. The burn with utility provides everything
So a burn does nothing but a burn "with utility" does something? How about utility, does it do nothing as well and does it need a burn to do something

I'll be honest with you, you sound like a dumbass, and I'm sorry to disrespect or insult you. You type these long posts and reply to every single post I make simply because you want to have the last word, so that lurkers might see this and think "man he stopped replying to the other guy, the other guy was right all along"
But your arguments aren't very good
I'm sure that you simply bought a LUNC bag and watch the price every single day hoping it will go up but let me ask you this; how do YOU use the LUNC network?
I mean you must be using their dapps and whatnot right? Which ones and what do you do with them?

>>52350060
I unstaked and my unstaking period ended earlier today, I checked to see my funds and they are nowhere to be seen, then I go on my history and see that there’s two transactions to an address I don’t recognize, I follow the address’ transaction history to see that whoever it was, he sent it to the KuCoin user Wallet

>>52345412
>that at best your $1500 will be worth like $5000 some day
>Invest that $5000 and turn it into $15000
>Do that again and have $50000
I literally see absolutely nothing wrong with that
Why the fuck are you street shitters so greedy and impatient?

I just posted this in the low cap shill thread

>unironically its LUNC and anyone who knows, knows.
>burns happening,
>every cunt is staking it which also reduces supply short term,
>ibc integration happening,
>dapps incoming,
>potential parity with luna2.0,
>potential repeg to ustc,
>$4 million for devs and board,
>cz binance big ceo holding it,
>based math genius bug koreans developing it,
>huge transaction volumes,
>millions of backers traders and holders,
>Some of the highest trade volumes daily,
>frequently in top 1, 2 or 3 positions for daily or weekly change,
>in most recent crypto crash, it was one of the only coins that was green,
>HUGE community,
>i can go on and on and on...and the best part is the price, this thing is so discounted its unbelievable.
>Even at the worst projections saying it'll take 20 years for it to get into the dollar range (it wont, it'll be far less) so what, that means you can spend under 1k today for >millions of the damn coins and be set for life.
>Literally just buy and hold this shit, stake it, earn more...fucking brilliant.
>easitest money you'll ever make
>these opportunities only come along once in a lifetime if you are lucky,
>screen cap this and look at it in a year next to the price.
>the price of LUNC is currently 0.00019
>watch this space

>>52350937
>Why the fuck are you street shitters so greedy and impatient?
have you ever seen indians queue up for something? they will stampede each other. its because if they dont they will miss out.

>>52350974
>$4 million for devs and board
don't you know, tr won't get the 4m, except if they give Alex control over chain?

>>52350937
I'm talking YEARS of holding $1500 of LUNC to potentially turn it into $5000
And the key word here is potentially, I'm pretty sure 0.0006 a few months ago was and will always be the post-crash "ATH"

>>52327886
hundy!
he absolutely knows what he is doing.

>>52351031
>I'm pretty sure 0.0006 a few months ago was and will always be the post-crash "ATH"
and I'm pretty sure it won't be
weird how investing works

legit question: if we all decided to add 10-25% of our stacks to the burn wallet, with evidence, would you do it?
I would.
I have about 18 million, thats a few mill at the higher range, I would do it, if we can get the community behind something like this, especially those with larger amounts, we could push the price, that would reduce the circ supply very quickly...how do we do this bros and get everyone on board?

>>52351102
Do you personally use the LUNC network?
Their dapps and all that? Which ones do you use and how are they useful to you exactly?

>>52351157
>Their dapps and all that? Which ones do you use and how are they useful to you exactly?
Fuck yeah I do, just the same as I used AMD products back when I was investing in that
I always use my Tesla car and Amazon as well
Quit being a retard

>>52351147
>how do we do this bros and get everyone on board?
Impossible. The crypto world is way too selfish to do something like this

>>52351174
I'll quit being a retard when you or the other shillers will stop pretending your shitcoin has a use case

>>52351147
>ow do we do this bros and get everyone on board?
one of the best forms of leadership is by example. put your money where your mouth is and maybe others will follow. maybe youll just get ignored. its up to you to realize the difference

>>52351188
I agree, but what if there was a way, like what if somehow we could get someone like a CZ or some giant whale with billions to agree to match our burns?
Or another idea, in reverse, for every 1 LUNC the community burns the whales invest into dev wallets or something, I am positive there is a solution.

>>52351234
I have thought about this, once I reach my target (20 mil) I might send every new coin I receive from staking to the burn address and post updates on twitter...

>>52351238
What would even be the point of that anyway?
I mean if you currently hold 10m LUNC worth $1 each, how would you benefit from now holding 1m LUNC worth $10 each?

>>52351264
have you considered delegating a portion of your staking rewards to burning? probably more sustainable than lump sums out of your bag

>>52351264
sorry thats literally what you just said. maybe ill read your post next time, maybe not, who knows

>>52351287
I don't think it works that way though, markets never do, its not an exact science or physics or something like that. A lot of it is based on human psychology and emotions. To even get it to 0.01c we need to increase burns as well as all the other stuff, it just has to be done, we all know it and agree, the exchanges and validators have come to the party and now I am just thinking what we can get the community to do, I believe there are something like 5.3 million wallets, there are likely many folks with more than one wallet, so assuming even if 1 million holders send 10% of their stack to the burn address this would cut a significant chunk out of the circ supply and has to have an effect on the price.

>>52351362
Yes and I will do this once I hit my target, Ill do it manually and I'll post it to twitter daily and hopefully encourage others to do the same.
I should hit 20 million soon, may even buy some more to speed the process up and add to compounding.

>>52351419
>I don't think it works that way though

That is exactly how it works. Unless new money steps in, if you burn your LUNC yes, they will be more valuable. But you will have less of them so ultimately your bag will be worth the same as before the burn

>>52351147
>Would you do It?

No way lol

>>52351540
>"unless new money steps in..."
Thats like saying we can print infinite money and have no worries, except for this thing called inflation..
Of course new money will step in, thats why it is a market, to facilitate trade.
If your logic was correct, it's not, every crypto project with same token amounts would be valued the same, they are not, its not just numbers, its code, its teams, its utility, its markets, its people and psychology etc...

>>52351612
>Of course new money will step in

Why would they? Can you even explain the use case of LUNC in your own words?
Because from reading these threads the only use case is to wait until a supply burn makes everyone magically rich

>>52350904
I'd check my shit for trackers/keyloggers. The likelihood of getting that money back is unclear. The wallet address isn't yours I'm assuming so it's either some custodial shit or someone got ahold of your info. Anything that's been connected or used in correlation with your wallet could be compromised potentially so monitor your stuff and watch for weird activity.

>>52351671

Why would they? you are denying reality, look at markets, money moves from in and out of crypto and from crypto to crypto all the time, what are you even talking about at this stage....

explain to me the use case of any crypto?

peer to peer, decentralized transaction value with zero third party (gov or bank) is mostly what all cryptos can claim...

but of course some offer different apps and utilities that can be built, https://www.terra.money/ecosystem

you sound butthurt or something

>>52350904
Are you using terra station? Someone got a hold of your recovery phrases or keys somehow. Did you ever save these somewhere where someone might be able to get them?

>>52351761
I agree with you and the vast majority of crypto are useless thrash, including LUNC and to some degree even stuff such Eth
I guess what I'm truely wondering is why LUNC? Why put your chips on a failed fiasco project that is still somehow valued at a whooping 1.3 billion dollars?
What are you seeing in LUNC that I don't see?

>>52351784
I never shared them with anyone, I just want my coins back, I don’t want to miss the moonshot

>>52351903
>I don’t want to miss the moonshot

You missed it fren
The moonshot was that juicy 5-6x
A high liquidity, high marketcap coin such Luna pulling a 5-6x (or maybe 10x or more depending on your entry I guess)
Right in a bear market. What more can you ask for?

>>52351896
firstly we do not agree, the very thing I stated to you is why its valuable, peer to peer decentralised money, no third party.

If you have done business with people overseas, if you have ever wanted to hide transactions from your bank etc, you will see why crypto has value, I can do business with ppl in China or anywhere else in the world in seconds and for fees that amount to cents, in the traditional world the transaction might not ever even be possible and if it was it would take days or up to a week and likely cost hundreds of dollars. Of course there are the privacy coins too... and of course there are smart contracts etc. All valuable, you're just too blind to see it for whatever reason...

to LUNC, part of it is absolute speculation absolutely, it has to be, its the fucking story, the project got anal raped, many holders lose it all, and now the fucking thing gets resurrected by the community, that is cool, very fucking cool, everyone loves a david and goliath story and this is what this is.

Whether it gets back to its roots (fiat pegged stable coins to be used as a paypal style rival) or not is to be seen, but the utility at the moment, at this very fucking moment is eyeballs, you cannot deny the wallets, the holders and community, that is valuable, what you do with it is a whole other thing... companies like Twitter are no different, they start off, they attract users and eyeballs and then they monetize...

LUNC has already the hardest thing, the users, its been gifted that from the ashes of LUNA in a weird fucking chain of events... you literally can't pay enough money for that cos even if you do, people might not be loyal, but they are here, some out of spite, some cos they have money tied up or whatever, but what you need to understand is that LUNC has what every other crypto wants at the moment, USERS, what it does with and for those users is not something I know, watch this space

This saga keeps getting crazier rumor on the street is FTX held orgies. Makes sense why they hired retired porn stars now.

>>52352139
jews, surprise surprise, wont be shocked if they had kids or underage teens there...scum

>>52352164
They donate to the dems so what do you expect

>>52352124
Alright, that's a fair post I guess
Were you a LUNA holder prior to the crash? I remember in summer 2020 I actually bought some LUNA on Kucoin. I paid 43c per, but of course sold em all at 50c or whatever to jump into some booming defi summer shitcoins

>>52351896
>why
>why
>why
Why not?
Why do you care?
Why we should explain to you and make ourselves a competition at this early as fuck stage?
Why can't you see what we can?
Why didn't you put multiple shorts on 08/11?
Why were you all like "Oh, WOW, another schizo prediction, nothingburger, take your meds, blood moon my ass, nothing ever happens!" and then lost money on every fucking crypto you held?
Why are you coming here to FUD our thread every single fucking day?
Why are you like this?

>>52352207
Nope. Not from before because I saw it just as another popular stable coin project, but in the aftermath when, like everyone else I was surprised to see the community come together I knew something was there.
You can't buy that publicity and you cant buy that amount of users and wallets.
To top that off, the chain exists and works, its just how they take what they have and what they do next, everyone agrees on the fundamentals, e.g. there needs to be a burn, community, strategy, development and governance, those are all the hardest things to get right, and in my view, the LUNC project itself doesn't even need to solve the next steps, it just needs to keep doing what it is doing once there is interchain, developers will do what developers do and will build stuff and services that attract users, I think it would be hard to fuck this up...

>>52335053
500 per million, not including USTC

>>52352221
>why
I am sick today and staying in bed, have nothing better to do than chat with you guys

>>52352385
>>52352207
the other thing I forgot to mention is that I was in crypto relatively early (2013), i am absolutely no expert, but I look at where the crowds go and why, I made 2M on doge because I saw the power and virality of the memes and what it was doing online, so you dont always have to have some crazy use case like eth or xmr or something just to make money, those things can be seperate but they are not mutually exclusive either, it can just be silly, does not mean ppl will not be attracted to it, you can make a ton of money this way...I see LUNC as achieving both, getting crowds and eyeballs in (already), getting a ton of free media and exposure, stuff that would cost millions if you had to pay for it, and of course I see genuine use cases, they already exist on luna2.0 in fact so its going to be hard to mess it up as I keep saying, I also look to others, cz from binance and other exchanges took it back and supported it, this is a big deal.

>>52352385
Get well soon, anon.

>>52352483
>we live in a brave new world
Keked.
Also, Rabbi is a legend.
Seems like he got a gir- I mean, friend.
Verification not required.

>>52352494
Thank you anon

>>52352385
Hope you get better fag stop by more often most of threads lately are just arguing about discord tranny drama it’s nice to see real arguments

My portfolio is 75% LUNC and 25% PAWTHERIUM

>>52352821
Yikes lmao

I need DUMPIUM now !!

Why this isn't breaking the 200 barrier nor breaking below 190 or 180?

>>52352821
mine's 80% LUNC 20% dog coins

>>52352483
This is all I enjoy about this insane coin now.

>>52352821
Add some fttc bro.

>>52325688
Just redelegated my 1 million to Vegas. Decided to send also 100k to morphine cat too

I need pumpium now!!! Por favor!!!

How long must undeligated coins remain locked till you can transfer em back to exchange?

>>52353805
21 days

>>52351984
yep.
.0006 was the top.
now there is a slow and painful bleed for the next few years until the project dies like 99% of old crypto coins.
i still have a small bag of 20m set aside for potential bull runs but i have a bunch of other garbage coins in the wallets that i haven’t bothered selling.
am on the prowl for other new hype microcaps to hop on
>bought 1m FTM @ .0007

>>52351903
If anyone can help me recover my lost coins I’ll be eternally grateful

>>52353910
.007*

>>52352483
those two are legendary

>>52353928
post address I will sniff around

and post an email so I can get back to you

new thread here: >>52354495