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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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54933970 No.54933970 [Reply] [Original]

>According to the former Terra Classic L1 team member, LUNC could plummet to its all-time low (ATL) value if the prevalent selling pressure drops Bitcoin (BTC) to $22,500.

>Tobias Andersen, a senior software developer, and former Terra Classic layer-1 team member, believes LUNC could retest its all-time low should the prevalent selling pressure plaguing the market batter Bitcoin (BTC) to the $22,500 price territory.

>In a recent tweet, Andersen, commonly known as “Zaradar,” made this assertion while calling attention to the growing concern surrounding Bitcoin’s current price movements.

>> No.54934086

>>54933970
Who the fuck is zaradar and why should i care what he says?

>> No.54934160

>>54933970
Zero chance this happens and Zaradar is a massive fucking retard. But anyone involved with the LUNC saga already knew this.

>> No.54934174

>>54934086
some gambling addict scammer and grifter.

>> No.54934202

>>54933970
What about any of that suggests that LUNC retards might actually get rich?

>> No.54934208

>>54934174
Kek. What a fag
>>54934202
Jeet writer no doubt

>> No.54934230

>>54934202
I think the assumption is that some magical whale will come and buy and burn 99% of the supply

>> No.54934253

>>54934230
Kek. Baggies

>> No.54934298

I have zero faith in LUNA/LUNC ever recovering but I still threw $50 at it a couple of days ago while shitcoin-shopping
No way could I pass up on a suicide stack of this. If somehow it mooned out of nowhere and I didn't at least have a small stack then I could never forgive myself

>> No.54934408

>>54934298
OHHHHHHHHHHHHHHHHHHHHHHHHH BAGGGGGGGGGGGGGGIEEEEEEEEEEEEEEEEEEEEE

>> No.54934449

>>54934230
>implying someone could simply buy 99% of the supply at the ATL price without the token in question pumping whatsoever.
Its insane to me how many anons on the fucking business and finance board have zero clue how markets work

>> No.54934474
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54934474

I have no money and I'm contemplating suicide from health issues, I have no hope or future left.
My health declines daily due to stressers and lack of finances, I'm so sick I can't work, I can't seem to get disability even though I have so many qualifying factors you would be legitimately concerned I'm being gatekept from receiving care or help in any facet.

TLDR I hope you faggots make it, this world is so god damn cruel I don't think I can stand another week here.

>> No.54934497

>>54934474
Don't die anon. You have so much to live for. Like making me say:

OHHHHHHHH BAGGGGIEEEEEEEEEEE UNGHHHH YEAHHHHHHH UH UH UH FUCK YEAH BAGGGIEEE HOLD ITTTTTTTTTT YEAHHHHHHHHHHHHH

>> No.54934514
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54934514

>>54934497
I hold nothing but a dying shell of a nearly middled aged autist I can't wait to escape.

>> No.54934560

>>54934514
YEAHHHHH YEAHHHHHH BAGGGGGIEEEEEE YEAH FUCK YEAH UNGHHHH RIGHT THERE BAGGIE RIGHT THERE UNGHHHHHHHH YEAHHHHHHHHHHHHHHHHHHHHHH FUCKKKKKKKKKKKKKKKKKKKKKKKKUH UH UH UH UCKKKKKKKKKKKKKKKKKKKKKKKKK

>> No.54934579
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54934579

>>54934560
You bore me.

>> No.54934583

>>54934579
YUMMMMMMMMMMMMMMMMM BAGGGGGIEEEEEEEEEEEE HOLDDDDDDDDDDD MEEEEEEEEEEEE UHNNNNNNNNNNNNNNNNNNNNNGGGGGGGGGGG FUCKKKKKKKKKKKKKKKKKKK SOOOOOOOOOOOOOOOOOO BIGGGGGGGGGGGGGGGGGGG BAGGGGGGGGGGGGGGGGGGIEEEEEEEEEEEEEEEEEE

>> No.54934696

>>54934579
>>54934514
Ignore that anon. Pretty sure its the same autistic retard who posts this same sort of shit daily in the LUNC general. He isnt nearly as funny as he seems to think he is.

>> No.54934706
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54934706

>>54934696
NGHHHHHHHHHHHHHHHHHHHH NGHHHHHHHHHHHHHHHHHHHHHHHHHH NGHHHHHHHHHHHHH SOOOOOOOOOOOOOOOOO BIGGGGGGGGGGGGGGGG BAGGGGGGGGGGGIEEEEEEEEE WHYYYYYYYYYYYY SOOOOOOOOOOOOO BIGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG

>> No.54934721
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54934721

This just in: a dying shitcoin might dump if bitcoin drops. Subscribe for more deep financial insights.

>> No.54934743

>>54934721
UGHHHHHHHHH TOBIASSSSSSSSSSSS SOOOOOOOOOOOO GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOD UNGHHHHHHHHHH BAGGGGGGGGGGGIIIIIIIIIIIEEEEEEEEEE

>> No.54935013
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54935013

>OOOOOOOOOH WE'RE GONA MAKE IT BAGGIEEEES
>up 20%
>check other coins on dextools
>PEEPO is up 155% since yesterday
uh bros aren't you celebrating a bit early?

>> No.54935189

>>54934474
you seem in dier need of help anon
read this:
https://www.amazon.com/Buddhas-Words-Anthology-Discourses-Teachings-ebook/dp/B003XF1LIO

it's going to fix your situation

>> No.54935296

Explain to me why anyone would try and repeg and save a destroyed reputation stable coin, spending millions of dollars in the process, when they could just make a new stable coin instead?

>> No.54935391

>>54935189
It's dire btw, I've been a buddhist for over 20 years.
I miss being young and optimistic.

>> No.54935451

>>54935391
>I miss being young and optimistic.
then you probably know what is said about aging by the buddha?

>> No.54935464

>>54935451
The buddha wasn't dying of liver disease in his 30s.

>> No.54935551

>>54935464
what are you digesting?

>> No.54935555

>>54935391
Ask Jesus for help, I mean it. If you understand Buddhism, I think you'll be extremely receptive to Christ's teachings. I found Jesus atter reading the stoics and realizing he presented an even more perfect, even more beautiful version of stoicism. Then I realized he did the same for the Hebrew law, Buddhism, and every phlosophical position that had any validity. He is the manifestation of Truth in this realm, God proving his love to us.

Also, your health issues may have something to do with an allergen, try adjusting your diet. I realize it may seem like a bandaid on a serious health issue, but I had huge improvements to my quality of life when I stopped repeatedly aggravating an allergy I didn't know I had. Worth considering.

>> No.54935613

Ill explain why a whale would do this. Lets say the said whale has his funds on lunc and it has dropped a significant value... Alright... So sometimes in a desperate measure digging your way out is to dig deeper and if the whale believes and maybe multiple whales believe this... They'll buy all the tokens at a severe cheap price inorder to burn them and increase the value of the token and save the value of their initial investment and take no huge realized loss.

>> No.54935630

>>54935555
>>54935551
>Midwits
Liver disease.
L I V E R D I S E A S E
Not about food, not about jesus or pollen it's genetic, keep your midwit shit to yourself kindly.

>> No.54935644

>>54935613
This is retarded, just because there's less of something doesn't make it more valuable. If India started shitting into a giant bag, and then used their space program to launch it into the moon it wouldn't make the price of turds on earth skyrocket. It's a fucking turd.

>> No.54935652

>>54935644
Checked and kek

>> No.54935762

>>54935630
Fatty liver very commonly progresses into more serious liver conditions if you aggravate it with a bad diet and alcohol, for example. Your condition might be uniquely bad, but your "it's genetic!" reflex makes me think you're a fatass. Diet is incredibly important to our health, even when we have cancer or terminal illness, your quality of life can still improve even if your prognosis doesn't change.

Also, I wasn't trying to imply that Jesus is going to cure your liver disease, I want you to find salvation and hope in a bad situation.

>> No.54935825

>>54935630
the most common liver issues (cirrhosis and nfld) are from lifestyle choices and the liver is the only major internal organ that can actually regenerate. what specific liver disease is it faggot? don't just make death a self-fulfilling prophecy because of your mental state, and if your shit is actually too far gone there's always transplant options and you can game that by moving to different areas of the country (if USA) where the waiting list is the smallest. if you're a fat fuck causing the issues literally stop eating like the scottish guy with the world record. if you're a druggie stop being degenerate and check yourself into rehab. if you have hemochromatosis make yourself bleed like a woman. let us know what you got.

>> No.54935857

>>54933970
No, no they won't.

>> No.54936513

>>54935825
Based af lunchad.

>> No.54936532

>>54935825
He's got wilsons disease I talked to him before, he's fucked don't even bother.

>> No.54936537

>>54934696
I post it in your general too because I told everyone there to sell the top, and you didn't listen LOL! as usual.

>> No.54936601

>>54935644
Okay so in your opinion if the supply of LUNC disappeared tomorrow to only 10 billion tokens the market cap would take a dump?

>> No.54936607

>>54936601
>>54936537
>>54936532
>>54936513
>>54935857
>>54935825
>>54935762
OHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH BAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

>> No.54936652
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54936652

>>54936601
There is 0 demand for unstable stable token. If all of the lunc except 1 disappeared and you owned it you wouldn't be a billionaire. You wouldn't be a millionaire. You wouldn't even be able to buy the village cattle you sold to buy the LUNC you originally purchased. You're just holding the only turd left. No one wants to buy that turd you from you Pranjeet. It's Supply AND(!!!) DEMAND.

>> No.54937108

>>54936652
Stop dancing around the question. Do you actually think if they reduced supply to 10 billion market cap would go down?
>0 demand
Coin had tons of volume for months after the crash so this isnt really adding up. You are peak mid wit

>> No.54937481

>>54937108
Yes, market cap would plummet. The tokens would still trade at .00000 whatever cents, but now you can't multiply it by your hilariously large number of tokens to get the millions in value. It's worthless. That's my point. Even if there were only 1 it would still only be worth .00000 because it's a turd!

>> No.54937634

>>54935555
Blessed quads, keep spreading the good news anon

>> No.54938068

>>54937481
Yep. Tokens would burn and a token with $40 million daily volume (which has been in the hundreds of millions) would just dump to $0. You are peak midwit redditor.

>> No.54938075
File: 442 KB, 687x513, Zaradar.png [View same] [iqdb] [saucenao] [google]
54938075

>>54934086
A “developer” who raged quit because nobody wanted to pay him $250k+ a year to work on a dead chain.

>> No.54938294

>>54938068
>Market cap will just stay the same after burning billions of tokens because it just will okay
Lmao, not happening. You remove coins, you remove the multiplier for the market cap. Worthless unpegged stable coin remains worthless. Now you've just cratered the total mcap. People see the lower cap and flee further until coin hits absolute 0. Very sad for the schizos still thinking their turds can be turned into gold.

>> No.54938334

Hey baggies just one more year until you reach a new all time low, how we feeling? Happy anniversary!

>> No.54938588

>>54938294
>a coin with 40 million plus volume will have no buyers if its hyper inflated supply disappeared over night
Yes here is your upvote faggot now fuck off back to r/crypto or whatever the fuck with your midwit takes. But before you go ill help you out. If you want to talk about why LUNC will remain a dead shit coin all you have to talk about is there being no real feasible way to get rid of the supply. Now you don't have to try and sound smarter than you are.

>> No.54938631

Somebody is still pissy they didn't get paid.

>> No.54938686

imagine the amount of seething from this board if something actually happens to Lunc overnight. swear this place has been swarmed with redditors since pepe pumped

>> No.54938702
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54938702

>>54934253
>>54934408
>>54934497
>>54934560
>>54934583
>>54934706
>>54934743
>>54936607
Ooh, ooh, ooh-ooh, ooh, ooh, ooh-ooh Ooh, ooh, ooh-ooh, ooh, ooh, ooh-ooh Ooh, ooh, ooh-ooh, ooh, ooh, ooh-ooh Ooh, ooh, ooh-ooh, ooh, ooh, BAGGIES

I'ma baggie, baby boy, concrete, lil' nigger
Yeah, I rap on all that shit, I'm still a pajeet lil' nigger (grrah, grrah, grrah, grrah)
Got more losses than a gym, you wanna see, lil' nigga?
I'm who all the hoes like, they ain’t wanna be me nigga (hol' up, hol' up,)
Diamondhands look just like the static on the TV, nigger
We ain't cuffin' hoes, I play her like a CZ, nigger
Pull up, eight contents, you can't see me, nigger
Trezor up his ass, then he screamed, "Oh, ooh-wee", nigger

If there's problems, we ain’t gon' solve 'em
Got a lot of excuses for the drama
Try to understand me, please don't judge me
It’s not my fucking problem

Pull up with my cock out
If the trolls out, l'ma rock out
Fat mouth, turn a fat mouth to a broke mouth
Blacklist, his wallet blacklisted for what he said, man
The Sneed’s feed and seed, Formely Chucks man

(Run, run, as fast you can)
(You can't catch me, I'm the junior developer man)

All them niggas 'round you bitches, so how the fuck you gangsta?
Niggas code and hit the fences, so how the fuck you aimin'?
Nigga ain't coding nobody, how the fuck you devin'?
All these niggas be cap, they not really like that
Wrote that hoe when I was broke, now Steve wanna write back
Want me to put it in his throat, want my tip to touch the back
He wanna be the bottom bitch, Steve keep askin' for my bag

If there's problems, we ain’t gon' solve 'em
Got a lot of excuses for the drama

I'm talkin' 'bout them CZ, South Korea and DK
Wicked wild man, somebody tell 'em stop, he on a rampage
BigJack, he always in the same color BigJack
If we dump and price get hit but you don't code, you better grift that

>> No.54938760

>>54938702
Didn't read but it says nigger so must be high quality lyrics
Jannies ,sticky here please

>> No.54938778

>>54938588
No there's not child. Your shitty coin isn't worth anything and any plans to just burn some will just drop the market cap. Enjoy prison stalker. Wait for the knock.

>> No.54938791

>>54938778
Pay Quasi, Rick.

>> No.54938821

>>54938778
Okay genius please explain how a coin with half a billion MCAP and $40 million daily volume would suddenly have no buyers and go to 0 if the supply evaporated over night. Ill wait.

>> No.54938890

>>54938821
If you burn half the supply you will halve the market cap criminal cyber stalker. Your coin will not pump because it is worthless. Enjoy prison.

>> No.54939003

>>54934449
prices only pump when a sell occurs. The current price of an asset is just the last sell price

>> No.54939057

>>54938890
Still arent explaining why a coin with 40 mil daily volume will just, i guess, have no buys or sells suddenly

>>54939003
Right. Both sellers and buyers have to exist. But same shit. As i have have said you people think LUNC will suddenly have 0 volume?

>> No.54939084

>>54939057
It will have buys and sells... at its current price. You'll just lose market cap by however much is burned. I can't believe a little baby child like you can't understand this.

>> No.54939200

>>54939084
Right because there wont be massive buy pressure as token supply gets burned. You do remember the price action when they announced the burn right? Despite it being doomed to fail. fucking moron.

>> No.54939246
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54939246

>>54939200
They don't. These are dumber than flatearthers. They aren't capable of grasping that the
>challenge
of recovering LUNC's value
>is
Its value.

>> No.54939256

>>54939200
>>54939246
Fake pump to dump on baggies like you. And you fell for it.

>> No.54939264

>>54935555
>ask jesus for help
Jesus is but a man, one of God's creation. Seeking help from anyone but God is a major sin

>> No.54939307

>>54938821
>$40 million daily volume
Surely that isn't all from bots. Couldn't be

>> No.54939429

>>54939264
Jesus is God, Jew. Your people killed God

>> No.54939608

>>54939256
I dont hold LUNC you dumb fucking fag. But im not so delusional to think that this shit wouldnt massively pump if the supply actually started massively going down as people buy in thinking it actually will go to $1 or more