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51300533 No.51300533 [Reply] [Original]

Approximately 8% of the total supply will be burnt off in a few hours since the bridge is closing today.

That's somewhere around 500B, the supply is about to drop from 6.1T down to 5.6T

>> No.51300566
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51300566

>>51300533
This is only the beginning.

>> No.51300616
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51300616

>>51300533
so the bridge closing is bullish?

>> No.51300646

>>51300533
Wait what?

>> No.51300649

You posted no evidence of these numbers.

>> No.51300666

>>51300533
there is no magic mix of tokenomics that can force prices higher
I can't believe the braindead retards that occupy this board now

>> No.51300673

lets laugh at the baggies :DDDDDDDDDDDDDDDDDDDDD

>> No.51300700
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51300700

>>51300533
>>51300566
>>51300666
mom it's happening again

>> No.51300739

>>51300533
>>51300566
interlinked no doubt ayo

>> No.51300769

>>51300616
Yes some chumps will lose their coins therefore being burned due to they can’t be used

>> No.51300798

>>51300533
Is burn happening 12th or 20th

>> No.51300814

>>51300616
Always was.

>> No.51300841

>>51300533
this is how you know it's a store of value
gold/silver owners frequently toss their coins into the middle of the ocean

>> No.51300853

>>51300769
cant be used for gas on the terra chain and to support the ustc peg?
>>51300814
do you know what a bridge is?

>> No.51300860

>>51300533
When is shut off?

>> No.51300915
File: 855 KB, 851x1083, 1661381139110763.png [View same] [iqdb] [saucenao] [google]
51300915

Wait can someone tell me if my 2 million WLUNC on my coinbase wallet will be ok? Do I have to do something right now?

>> No.51300919

>>51300853
Not really, doesn't it let you represent coins from one chain on another chain kind of like wrapping? Isn't this "bridge" you speak of referring to all the BSC lunc?

>> No.51300966
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51300966

>>51300915
Sell it and rebuy real LUNC immediately

>> No.51301029

>>51300919
at its peak terra had bridges to all the major chains - UST was a very big part of defi and people bridged LUNA to other chains so it could be traded there on different dex

>> No.51301074

>>51300966
How would you even buy lunc?

>> No.51301099

>>51300841
there is probably a lot of gold and silver trapped at the sea floor in shipwrecks

>> No.51301127

>>51301029
Right but as OP implies, isn't "closing a bridge" effectively burning a shitload of tokens. Also, how exactly do you "close the bridge" isn't this a decentralized network that anyone can use at all times? I don't understand that part of it.

>> No.51301134

>>51300700
Brother what. Dubs on the dubs post

>> No.51301136

>>51301127
Ps is tracking the price, op is a no coiner

>> No.51301164

>>51301099
except this isn't an accidental cryptowreck, it's deliberate destruction to instill confidence

>> No.51301208
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51301208

>>51301164
>absolutely deflationary

>> No.51301219

>>51301164
i wonder how many treasure fleets were sunk by retarded privateers who thought itd pump their bags

>> No.51301266

>>51301074
Binance/CDC sell it
No idea what you use if you're a burger

>> No.51301288

>>51301074
kucoin

>> No.51301296

>>51301208
kek

>> No.51301330

>>51301074
Binance, KuCoin, Kraken.

I use kraken because it was the first recommendation given to me when asking where to buy it but you can use whichever. A8j2k

>> No.51301371

>>51301266
Kraken sells it for us burger lords

>> No.51301383

>>51301127
>burning
if the cex does not accept your version of WLUNC, then yes there is nothing you can do with it and eventually the pegs will break on the different dex
>decentralized
most of these bridges are not truly decentralized they are secured by multisigs and are one of the most vulnerable points of the crypto ecosystem that require human monitoring and development, look up bridge hack/exploit/theft for examples, they are no longer going to allocate resources to securing it

>> No.51301415
File: 550 KB, 800x686, Princess.Luna.full.3295078.png [View same] [iqdb] [saucenao] [google]
51301415

Luna breaking ATH, we are gonna make it.

>> No.51301460

>>51300915
Send to metamask
Swap for eth with metaswap
Send to kucoin
Buy lunc

>> No.51301469
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51301469

hold on i'm still counting how many posts by OP's ID

>> No.51301504
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51301504

>>51301469
mutt education in action ladies and gentlemen

>> No.51301514

>>51301460

wait what happen to the portal bridge option? did they close it?

>> No.51301877

>>51301514
Keep up you fucking nigger.

>> No.51301915

>>51301383
>are one of the most vulnerable points of the crypto ecosystem
Huh weird, if only there was some way to fix that. But yes, I see, so the bridge actually can be shut down. Which brings us back around to the fact that if bsctards get locked out that's bullish for everyone holding the real shit and maybe wlunc too.

>> No.51302658

I am fucked if I hold LUNC as LUNA wormhole on BSC?

>> No.51302724

>>51300533
>since the bridge is closing today.
What the fuck does this even mean?

>> No.51302854

>>51302658
if binance cex does not allow WLUNC deposits from bsc then i would not expect the peg to hold

>> No.51302857

So does OP actually have a source for his thread. Or another TrUst Me bRo?

>> No.51302876

>>51301266
gemini or kraken; beware the deposit holds for wires and do it asa-fucking-p

>> No.51302880

>>51300700
Interlinked

>> No.51302889

>>51301877
Based and rude pilled. I’m done spoon feeding retards, then can buy my bags when this shit hits a dollar

>> No.51303764

Anyone have any idea when they’ll re-enable IBC? My bag is stuck on Osmosis.

>> No.51304357
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51304357

>>51302857
this entire WLUNA mess is a mirage, real fog of war malarkey

>> No.51304386

>>51302854
wormhole luna on binance chain isn’t wlunc so it’s not effected

>> No.51304484
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51304484

>>51300700
what on god's green earth

>> No.51304490

So is Wluna on Coinbase effected by any of this? Or just BSC wormhole?

>> No.51304520

>>51304386
look up what wrapped tokens are, the only place that LUNC technically exists is on terra classic, everywhere else it is a wrapped version of the token so that it can be used by smart contracts

>> No.51304535

>>51300533
its actually not closing today, binance is just stopping withdraws. however i imagine it will be closing soon but youll definitely hear about it. the real issue is bridge liquidity.

>> No.51304556

>>51300666
It's not tokenomics. Some retards have their tokens in soon to be unreachable addresses. People will lose money from this. Of course, I doubt you wanted an explanation.

>> No.51304562

>>51304490
yes this is a wluna problem. wormhole was always fine.

>> No.51304567

https://voca.ro/1lQTA5RNUQPh

>> No.51304623

>>51304520
but the closed bridge is referring to wlunc on eth and not wormhole luna

>> No.51306174

Sirs be honest. I only got 900k. Wimi?

>> No.51306313

>>51300566
Checked

>> No.51306583

my luna stays baboona

>> No.51306832

>>51300700
Haha fucking hell this is exactly the kind of stuff that happened in the early Lunc threads. Well done on harnessing the magic. Fudfags btfo AGAIN.

>> No.51306931

>>51300533
It's been more than a few hours now. Where's the pump? Oh yeah, it didn't happen because LUNC is a SHITCOIN

>> No.51308350
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51308350

>>51301877
>>51301288
>>51301266
>>51301099
>>51300966
>>51300700
>>51300566
>>51300533

>> No.51308622
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51308622

>>51300533
So if you have wluna after today it's permanently stuck basically? Can't even trade for Luna? I didn't buy wluna as some were shilling but my friend did. Wondering if I should call him up now.

>> No.51308856

>>51308622
The bsc wormhole has been down for several days now, but ps is tracking the cmc price beautifully. All the liquidity is on binance too so as of now your friend is better off than you.

>> No.51308914

I own LUNC on kraken, will my shit be okay? Am I gonna make it.

>> No.51309012

>>51300533
Oh fuck it's happening

>> No.51309314

>>51308856
Thanks.

>> No.51310970

i posted about buying the top last night (.00045250), this is unbelievable.... we just came back? Thanks

>> No.51311048

>>51300533
That's it keep spreading misinformation. The dump will be epic.

>> No.51311347

>>51303764
I don't think they are anon. You may want to sell your bags on osmo, get some atom and then xfer than to wherever you want to buy your lunc. Not sure if permissionless osmo has lunc still but I'm sure frontier does

>> No.51311434

So why do you guys think they are closing the bridge and getting rid of wluna? I have a theory but I want to hear what you guys think

>> No.51311462

>>51306931
Ser

>> No.51311465

>>51311434
On-chain burn so it can’t be circumvented. Simple as.

>> No.51311516

>>51306931
Lmao stay poor forever retard

>> No.51311908

>>51311465
Hmm you might be right. Does Luna 2.0 have a wrapped version?

>> No.51311999

>>51300666
trips
>I can't believe the braindead retards that occupy this board now
It has gotten bad. But it's a consortium of rocket surgeons compared to der normie.

>> No.51312074

>>51311048
Fudding faggot… Explain how a bridge closing, thereby making billions of LUNC unredeemable (ser) is anything but a deflationary event. It’s not complicated if you’re not retarded.

>> No.51312098

what are those rolls on this thread lmao

>> No.51312176

I really think they are shutting down the bridge because the 2.0 team is too lazy to create a new wrapped contract for 2.0 and they want to recycle it. The fud about wluna has been weird. Maybe do Kwon fucked something with the new network that makes it rely on the wluna contract connection and they need THIS contract to make it work. I have a small bag in wluna just in case

>> No.51312209

>>51312176
Should clarify. I think the wluna connection lunc is going to be severed and then Luna 2.0 will be connected to wluna

>> No.51312212

>>51311908
Idk. I don’t fuck with 2una.

>> No.51312377

>>51312209
You know that there are 160 millions 2una and 300B wluna? If wluna repeg to 2una,that will send 2una in a death spiral haha

>> No.51312413

All the retards who wish for a repeg, you don't know how market works do you? What fucking happened to lunc will happen to 2una if there is a repeg in that manner

>> No.51312427

>>51312377
Yes I know, do Kwon strokes again! That's literally what I'm thinking of, do Kwon is going to fuck everyone over that followed him to 2.0

>> No.51312496

>>51312427
Then he'll pop that money back into lunc and say that it's clear what the community wants (he'll probably be forced to do this by the authorities in leiu of jail time) and for a 3rs time do Kwon will get filthy rich. It might be a bit farfetched but that's why my bag in wluna is small, just enough for some nice cash if corruption wins

>> No.51312807

>>51312098
LUNC threads stay blessed.

>> No.51312976
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51312976

>>51300533
Ok so this means I'm cucking myself by having my LUNC on BSC right? How do I get it onto the correct chain?

pls help
t. 1 mil LUNClet

>> No.51313052

>>51300700
Holy shit hahahha
Fantastic. God I'm glad I hold LUNC

>> No.51313253
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51313253

Help I am retard. Have wlunc in my meta mask I brought off goynbase and transfered there. Haven't been able to swap it for any other lunc versions for some reason. When does it become worthless?

>> No.51313265
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51313265

>> No.51313904

do lunc alts like astro get burned aswell?

>> No.51314208
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51314208

>>51300700
>>51311999
Holy hell this is gettin epic

>> No.51314217
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51314217

>>51313253
I willhelp the retards
trade your shitty fake wlunc for ETH or bnb
then goto
changenow and swap ETH/BNB for real luna classic

>> No.51314296
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51314296

So what am I supposed to do with my 5mil LUNC on Binance when it burns?

>> No.51314312

>>51312098
That ID...

>> No.51314400

>>51314312
Based gay 4 u poster

>> No.51314442

>>51312098
Gay 4 U

>> No.51314507

spoonfeed me have my wluna on cb still -> they are closing the bridge forever from eth to lunc or is this some pajeet trying to fud wluna folders into transferring for lunc?00phat

>> No.51314643

>>51300533
seems legit let me buy 100k

>> No.51314685

nothing good ever happens

>> No.51315249

>>51314296
Nothing. Binance is safu obviously

>> No.51315283

DOES THE 1.2% BURN INCLUDE ALL ALTS ON LUNC?

>> No.51315397

The burn won't do shit
Token burns are common, it doesnt print money out of thin air
Hell if that was the case I'd just create my own shitcoin and apply a token burn on it every week until I'm rich

>> No.51315421

>>51315397
Hello gookstein

>> No.51315450

>>51315421
Hello Ranjeesh

>> No.51316313
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51316313

>>51315397
DAILY REMINDER
1 Luna classic token used to equal $100.00
Burns are not a meme, check volume

>> No.51316563

>>51314312
top kek

>> No.51316815

>>51316313
>Burns are not a meme, check volume
The burn won't affect the volume because will only burn onchain transactions. Exchanges have already confirmed this.

>> No.51316816

>>51316563
FUCK I ONLY HAVE WLUNA RN WTF
am I screwed?

>> No.51317407

>>51316815
wrong

>> No.51317523
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51317523

>>51312098
You can't make this shit up

>> No.51317531

I'm so glad I slurped up that gigantic dip when it first happened
also fuck the captcha pile of fucking shit I hate nuchan

>> No.51317553
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51317553

>>51317523
WTF are the ODDS that I get KAP4U as captcha while replying to the gay4u ID guy with a bane 4uuuuu pic?

INTER
FUCKING
LINKED

>> No.51317775

>>51317531
go back to your "superior" vichan hellhole then

>> No.51317993

>>51300700
2poopy

>> No.51319061

>>51317775
I'm just talking about after hiroshimoot took power

>> No.51319120

lunc will never be $1
lunc will never be $0.1
lunc will never be $0.01
lunc will never be $0.001
$0.0005 baggie cope
>you are here

>> No.51319454
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51319454

>>51317553

LUNCHADS WE RISE

3 DOLLARS INCOMING

>> No.51319488

>>51300700
witnessed

>> No.51319560

I have my Wlunc just sitting on cold storage and planned to sell on uniswap. I am still fine right?

Or do I need to convert it to LUNC? It should still be linked to LUNc so it should be fine right?

>> No.51319597

>>51300700
I'm going to buy more immediately kek has spoken

>> No.51319648

>>51312098
>Gay4u..
We are blessed

>> No.51320209

>>51308622
I stored my WLUNA classic on cold storage and planned to sell on uniswap since I only put like 50$ in. Is my 50$ lost?

>> No.51320362

>>51300533
I can not find any official announcement about this anywhere

>> No.51320743

>>51300666 lol SHITTED.COM

>>51300700

>> No.51321733
File: 199 KB, 1248x613, unwrapping WLUNA.png [View same] [iqdb] [saucenao] [google]
51321733

>>51319560
>I have my Wlunc just sitting on cold storage and planned to sell on uniswap. I am still fine right?
you're definitely not. unwrap that shit to native LUNC asap. once the depeg happens your wrapped tokens lose all value. pic related is the process. if that fails, then just sell the wrapped Luna for ETH, and use that to buy native LUNC on Kraken or Kucoin.

>> No.51321798

>>51312098
gay in capital letters, exit the closets gentlemen, here is our king

>> No.51321866

>>51316815
Prove it then, L7 weenie !!!!

>> No.51321883

>>51319120
No most of us bought the bottoms dumbass were already 5x

>> No.51321892
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51321892

>>51300533
So glad I held all these months bros, all the troons and niggerfaggots in the world couldn't stop us, WAGMI holy shit

>> No.51321940

>>51312098
He's got the big GAY, bois.

>> No.51322372

>>51321733
any source of this other than a screenshot of a 4chan post? I have searched everywhere and all I see is the finance post but that does not effect uniswap

>> No.51322540

>>51322372
>any source of this other than a screenshot of a 4chan post?
not that I know of. but lots of anons have used it successfully. tho I dunno if the bridge is closed now, it was supposed to go down today or tomorrow.

>> No.51322617

>>51303764
>open IBC
Devs said they are but probably not this year. Says it needs to be gradually opened to not flood the market with more circulating coins. Think Zaradar mentioned trying to open it up around v24.

>> No.51322735

>>51322540
you have any source that WLUNA will not be tied to LUNC price?

Oron Station says on thier website they will continue service feeds for 2+ years so I doubt WLUNA will be depegged. You should still be able to trade it on uniswap.

>> No.51322804

>>51304562
why has the wormhole bridge been down for days

>> No.51322838

>>51312098
/Thread. GAY4U has made his voice known. LUNC starting to resemble early LINK threads. This is soooo bullish I am getting hard.

>> No.51322873
File: 359 KB, 640x636, 52t24yhrgbw2h4y2w.gif [View same] [iqdb] [saucenao] [google]
51322873

>>51317553
Witnessed.

>> No.51322945

>>51317553
no kap frfr LUNC finna PUMP ong.

>> No.51322980
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51322980

I can't take it anymore. I can't stand the constant up, up, up. The never ending higher highs. Guys, I'm not cut out to make it. I need to sell. I wouldn't know what to do if I made it. It's better this way.

>> No.51323650

>>51312098
kek has spoken

>> No.51323969
File: 562 KB, 2400x1350, obama painting.jpg [View same] [iqdb] [saucenao] [google]
51323969

>>51322980
gib me your luncany before you do it, nigger

>> No.51324519

>>51300533
Wait, If the bridge is gone, won't that prevent the creation of any new WLUNC as well? Since it can still be traded on DEXs, and the supply is locked in, won't the price of WLUNC skyrocket higher?

Thinking of wrapping 5% of my stack.

>> No.51325429

>>51324519
This shit is hitting $0.01 lol

>> No.51325440

>>51324519

which DEXs still support WLUNA anon?

>> No.51325469

>>51325429
>This shit is hitting $0.01 lol
That ain't going to happen until the burn goes live it'll probably get to 0.003-4 eow then dump a little until the 20th when the burn goes live then moon up to 1$

>> No.51325579

just bought 1.8 million luna at current price
how retarded am i anons

>> No.51325605
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51325605

>>51325579
About this level, Anon.

>> No.51325628

>>51325605
i saw all the impossible digits in the thread and immediately aped in.
i’m so fucking stupid goddamnit

>> No.51325666

>>51325579
>>51325628
You invested like what, 300-400$ bucks bro, if doing retard things with those chump sums worries you, what the fuck are you even doing here ? anyways how does 1.5 millions dollars sound ?

>> No.51325673

>>51321940
He's gay 4U

>> No.51325677

>>51325666
it was 1000 bucks bro
and holy shit checked
fuck it apeing in 4k more when it dumps

>> No.51325706

>>51325677
This one is the golden ticket anon you did good, just don't panic sell like a homo which it doesn't sound like you will.

>> No.51325723

>>51325706
i bought 100k fantom for like 600 bucks and sold for 1k a few months before it would’ve been worth 300k.
is .01 an actual reality?

>> No.51325805

>>51325723
>.01 an actual reality
the wagmi energy is off the fucking charts with lunc and we're not even close to global fomo kicking in

>> No.51325820

>>51325723
Nobody knows but it seems like some pretty big forces are at work behind the scenes on this one, and depending on how the burn rolls out supposedly the plan is to burn it down to a 10B supply instead of the 6.5T there is now. $.01 seems very possible to me. $1 maybe asking too much, but $.01 I wouldn't really be surprised to see.

>> No.51325840

>>51325820
i’m pretty sure none of that is happening.
the burn is minimal and most likely not even going to happen, let alone burn trillions of the supply

>> No.51325860

>>51312098
It's a coincidence.

>> No.51325912

>>51325840
That's why I'm saying we'll just have to see what happens after it's implemented. The meme value alone is absurd and could easily carry us way up, not to mention kek seems to approve bigly if you haven't noticed from the digits.

>> No.51325933

>>51325840
>i’m pretty sure none of that is happening.
and
>i bought 100k fantom for like 600 bucks and sold for 1k a few months before it would’ve been worth 300k
you won't make it with LUNC either with that mindset foo

>> No.51325953

>>51325933
thank you based god.
i am going to dump the rest of my savings in and try to get to 10m.
i’m gonna rope either way so fuck it time to spin the wheel and let the good times roll

>> No.51325973

>>51325953
Now you're getting it.

>> No.51325984

>>51325973
should i wait for a dip? or just pull the trigger now

>> No.51325999

>>51325984
trust yourself hombre

>> No.51326008

>>51312098
MY FUCKIN SIDES

>> No.51326014

>>51325469
I never thought 0,0004 would happen either.

>> No.51326017

>>51325999
oh my god the digits.
i am a fucking retard gambling with my life here. fuck it.

>> No.51326206
File: 2.43 MB, 450x800, monkeybackflip.webm [View same] [iqdb] [saucenao] [google]
51326206

>>51326017
>Br0
>i am a fucking retard gambling with my life here
We all are.

>> No.51326248

>>51326206
i know as soon i ape all in it will crash.
im going to wait

>> No.51326255

>>51326017
How much are you going to buy?

>> No.51326268

>>51326017
Preemptively
See you at .00060
See you at .00070
See you at .00100
See you at .01

>> No.51326305

>>51326255
11m bringing my total to 12m
>>51326268
it’s going to correct to the 04-045 level eh?

>> No.51326318

>>51326305
Lucky lad. I only have 2 mill as my funds are locked up in a new work venture.

>> No.51326322

>>51326248
I would wait for a dip/crash

>> No.51326346

>>51326305
>it’s going to correct
Bitcoin is the big boy throwing walls at all these rallies. Look at the charts, when BTC dumped it brought LUNC down with it. Save for that, LUNC has seen consistent gains this past week.
>to the 04-045 level eh?
4 is too low. 45 is too. My guess is 49-50

>> No.51326350

>>51312098
best get ever kek blesses you gaylad

>> No.51326395

>>51326346
>My guess is 49-50
if that’s where the dip is settling then why wouldn’t i just go all in now

>> No.51326411

>>51326318
it’s not really money that i have as it is the last of my savings lol
it would be extremely irresponsible to throw 5gs into a pipe dream like this.
but idk i have to. what other choice do i have

>> No.51326427

>>51326395
Book your own flight mate.

>> No.51326452

>>51326322
Do not wait.
LUNC will go up exponentially

>> No.51326478

>>51300533
Does that mean if I have Wormhole LunaC through BNB I should sell and buy classic luna on an exchange?

>> No.51326536

>>51300841
If 8% of the world's gold supply was lost in a shipwreck, the remaining gold would increase in value. Post skin, pajeet.

>> No.51326550

>>51300616
Can I get a QRD on the bridge and what it
>Implies

>> No.51326568

>>51302880
Cells.

>> No.51326613

>>51319120
Nigger I drunkenly bought 10m LUNC for like $20 the night it crashed.

>> No.51326651

>>51325628
Don't be. I dumped another $1k into LUNC last night when it was $0.0004. I've been meaning to do so since it was $0.00015 but I kept waiting for it to dip each time it pumped. We ARE going to eat another zero.

>> No.51327333

>>51325840
>I've seen it happen many times therefore it won't happen again
you are a dumb nigger

>> No.51327682

reminder, there's no way to 'shut down' wluna, if that was possible it would be priced in by now but wluna and lunc haven't decoupled
something else is going on.

>> No.51327708

>>51311908
Keep dreaming dipshit. Goybase is going to absorb WLUNA as their native shitcoin.

>> No.51327725

>>51300915
I also have wluna on coinbase.
Will they ever going to support it again?

>> No.51327746

>>51300533
Lazy retards had a month to trade in their fake LUNC for the real thing. No excuses.

>> No.51327800

>>51313253
Some say wluna will skyrocket. I would hold it anon just in case

>> No.51327834

>>51324519
Wluna is the winner here. All tards are converting

>> No.51327862

>>51308914
Same as you, I don't see why there would be a problem

>> No.51328010

>>51325440
None.

>> No.51328535

I have the wrapped LUNA version on bsc chain
Should I do something? Am I fucked?

>> No.51329011

>>51327834
it's an attempt to generate liquidity by do kwon to buy back as much WLUNA as possible so it can be repegged to LUNA 2.0 without totally breaking the price. that's why they're being intentionally vague with their public announcements, but spreading this shit here
screencap this and send me some btc at 1MUi3ENCL8pxRJPETyNRo6a4YnU2XkVU25 if my thesis is proven correct

>> No.51329155

We reached 0.00059 momentarily, damn

Seems we are going to break past the 6 soon

>> No.51329329

>>51300533
Based

>> No.51329343

>>51300666
Everything you thought you knew about crypto is wrong Luna will show you that

>> No.51329382

>>51329011
Go on. How many wluna are you holding

>> No.51329695

okay someone help me here since i'm a retard and an inbreed: does this affect my bags on Binance? I got them all there. I got them since the crash and I don't want to give up the dream of moving to Andorra once we hit those 1$, lunchads