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

/biz/ - Business & Finance


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56036145 No.56036145 [Reply] [Original]

Interlinked: >>55940437

news and updates:

> Bridge to Bitcoin gives LUNC massive liquidity and utility potential: https://coingape.com/bitcoin-brc-20-bridge-coming-to-terra-luna-classic-lunc-ustc-to-1/
> Russia to start using Crypto Exchanges - Could LUNC use this for MAJOR BURNS?: https://watcher.guru/news/russia-reportedly-planning-to-establish-regulation-for-crypto-exchanges-operation?c=577
>4 part parameter proposal passed - BURN TAX ADJUSTED UPWARD TO 0.5%
>Software update 2.0 passed
>RedLine Drifter in talk with CEXs about Repeg: https://twitter.com/RedlineDrifter/status/1658092033557364738
>old L1 team from Q1 fell apart, TGF (Steve & Marco) now trying to grift to life a new one through CP leech
>Tobias quit LUNC, Ed left to work on his AI chain, Terra Rebels irrelevant, Terra Grift Foundation #1 enemy now!
>DK arrested in Montenegro (march 24), full cavity search finds a trezor stick up his ass (forreal)
>Steve + Frag + Vinh trying to sneak in blacklisting multisig to "help" Rexyz's Terraport rug
>Ed Kim eats dogs 24/7/365 and only leaves his cave to defend TGF on Agora

exchanges supporting offchain burns:
>binance, coininn

>Terra Finder for Classic
https://finder.terra.money/classic
>How to stake on Terra Station
https://classic-docs.terra.money/docs/learn/terra-station/staking.html
>HCC LUNCPenguins
https://luncpenguins.com/
>Bridge Wormhole LUNA back to Terra
https://www.portalbridge.com/

BIGJACK list:
>Steve & Marco (TGF)
>Frag & Vinh (L1 fags)
>ClassyCrypto
>Zaradar
>Ed Kim
>LUNCDAO
>alex forshaw
>AlephA
>akujiro
>andy92
>clancumhorn

>God loves you and we all know wagmi

> LISTEN TO GIVE THE BLOCKCHAIN ENERGY CHAPS: https://vocaroo.com/17gzAly3uV0o

>> No.56036155
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56036155

LUNChads, we're so back.

>> No.56036175
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56036175

>>56036155
Checked. Last thread lasted so long that the archive did away with the originator of the general chain. Kek.

But wagmi LUNCHADS. $1 EOY... 2025. Hard to believe the days of Quantum Mint bullishness are a year ago now...

>> No.56036272

call me baggie one more time

>> No.56036552

>>56036272
KEK Baggie

>> No.56036562

we rye

>> No.56036798

>>56036562
we dye

>> No.56037571
File: 1.69 MB, 1044x962, lunct2.png [View same] [iqdb] [saucenao] [google]
56037571

>>56036145
based return of the interlink

>> No.56037605

WEF looking for invention
LUNC brings it
bvllish

>> No.56038861

Ayoo, wagmi. CZ the day famblamb. Wen Monaco?

>> No.56039640

2025 is a real target but also my calculations show that it will near to $1 in dec. 2024. Not a financial advice, DYOR

>> No.56039822

is Do Kwon still in jail?

>> No.56040087

>>56039822
Checked. Last I checked he was eating dog on the streets of Seoul.
>>56039640
Tell us more
>>56038861
2 more weeks
>>56036272
Kek. Baggie

>> No.56041430

>>56040087
Thread is going to die. Dead coin. Dead thread. Sell for your lives, faggots.

>> No.56041631

We are so back boys.

>> No.56041756

>>56041430

LUNC will make me a millionaire. Cope and Seethe.

>> No.56042422

>>56041430
>Luna is dead
Long live luna

>> No.56042445

>>56042422
Checked. Luna lives.
LUNC is dead

>> No.56042694

>>56042445
Jeets mad.

>> No.56043171

>>56042694
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

BAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56043289

Does anyone on /biz/ have any realistic ideas on how 99% of the LUNC supply can be burned in less than 5 years, despite the fact that thousands of people hold the supply and many of them refuse to sell unless it's for significant gain?
This honestly seems like a problem that no one can find a solution to, because there is no solution in existence
Greed alone will prevent burns from happening within a reasonable timeframe
Think about it: let's say someone proposed to "force-burn" half of every LUNC at every address. In other words everyone's LUNC stack is halved, meaning they'll have to double their target sell prices, however you just got rid of over 3 trillion LUNC. Assuming such a move was even possible, do you really think that proposal would stand a chance in hell of passing with the majority?

>> No.56043303

>>56039822
Yeah, I think his 4-month sentence for the fake documents ends in October, then we find out if the US or South Korea gets him for the other charges

>> No.56043544

So what does this new chain update hope to achieve?
>fudd n jeet neednt answer

>> No.56043721
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56043721

I haven't checked on this shitcoin in ages. Are we all still staking on NOVA, or have we fucked off somewhere else?

>> No.56044069

>>56043721
NOVA is still the only based valudator.

HCC is okay I guess too. But kinda stupid.

>> No.56044102

>>56044069
Aight, guess I'll stay on NOVA.

>> No.56044504

what’s the math formula that gets us our current price

>> No.56044661

>>56043721

Go with the highest rewards ratio and vote for proposals yourself. Fuck these nova trannys who haven’t done shit for the chain and the gay lords still sucking their cocks

>> No.56045201

>>56044504
Quantum mint plus grifters = extra zeroes

>> No.56045245

If lunc has so many literal jeets/pakis. .
Why is the price crabbing? I mean..where are the people mass selling their millions ? I'm still waiting for another zero..
Can't this shit just go to zero already? I check price, not bad enough.. CZ , devs, can anyone do something?

>> No.56045510
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56045510

>>56043289

Unless it a high demanding utility is built on it, it can't. What's really needed is a reverse split.

Divide every single wallet by 1000.
Supply becomes 7 Billion
A 50 million stack wallet goes to 50k stack

Let price fall or rise to where it may

Pajeets dont want that, because pajeets want it to be high beta (30%+ movements up&down)

pic related is the avg biz lunc fudder
theyre so pathetically transparent

>> No.56046566 [DELETED] 
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56046566

>>56045510
Scorch Coin is literally the greatest and most well thought out asset to grace man. With the white paper written by the hands of god himself, what other asset could you possibly trust to hold your wealth. The dev is a genius, a legend, a scholar at his craft and a true Chad. He will ensure that we all get rich on Scorch Coin in the near future. And yes he is considering a reverse split so your bags can be even heavier than you thought! Scorch Link = scorchcoin.co

>> No.56047140

>>56045510
gr8 b8 m8

>> No.56047433

>>56036272
Kek, sounds like a LUNC parody of a Britney Spears song

>> No.56047855

>>56045510
Honestly I'm at the point where I think we should just reverse-split
Maybe we can give future airdrops to addresses that had a certain amount of LUNC at the snapshot when the split happens, as some sort of compensation
And for those who may say
>"b-but the price will crash!"
What do you think's been happening for the past year or so?
And yes, another drawback is that our dream of a ridiculously-huge profit via a 99% supply burn will officially be over, no more possible 1000x
But at least the world will see (from their normie view) a major sign of progress with the excess supply issue being "fixed", and at least we will have one less issue to deal with and can focus more on utility and growth

>> No.56047951

>>56047433
Checked

>> No.56048095

>>56043289
Burning half of everyone's stack sounds great on paper but the proposal will never pass. Whales that hold most of the supply gave far more voting power and will never tolerate a 50% loss in their lunc stack even though theoretically it could solve a lot of the supply issue . The whales were already against raising burns too.

>> No.56048108

>>56048095
have far more voting power*

>> No.56048198

But I feel like either raising burns % on exchanges and/or voting to burn all staking rewards and burning lunc from the community/validators pool could help deal with the supply. A less extreme approach that could be considered is burning 10%-20% of everyone's stack instead of 50%

>> No.56048394 [DELETED] 
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56048394

>>56047433
Scorch, it's my fire My one desire Yeah, we are the same The flame that burns inside Scorch, my heart's desire Believe when I say I want it that way Yea

>> No.56048976

OHHHHHHHHHHHHHHHHHHHHH BAGGGGGGGGGGGGGIEEEEEEEEEEEE

>> No.56049147

>>56047855
There's no point in a reverse split. The real circulating supply is perhaps only 1.5 trillion, with about 1 trillion staked.

>> No.56049486
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56049486

>>56049147
You just gave me yet another idea to burn the supply:
I call it the "CHANGE PLACES!" burn mechanism
Basically LUNC holders will have to move their LUNC once every 6 months (or maybe once a year) if they want to keep it. They can keep moving it back and forth between the same two addresses if they want, as long as the LUNC is moved once within the period
Any LUNC that isn't moved from an address by the end of the 6-month/1-year period is automatically burned

>> No.56049616

why are other exchanges not burning like Binance? do they not want to restore their wrapped lunc to its previous value?

>> No.56049698
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56049698

>>56049486
This is
>the
dumbest "idea" ever.

>> No.56049974

>>56049698
You know what? You're so right
Instead of thinking of stupid ideas to burn LUNC supply, let me just sit on my ass like everyone else that posts in these LUNC threads and wait for the grifting devs who have done jack shit over the past year, to come up with something to save my bags
Because doing that is so much better

>> No.56050024

>>56049974
>takes use it or lose it to an extreme
if only you'd take that approach with life anon

>> No.56050232

>>56050024
>>56049974
>>56049616
>>56049147
OHHHHHHHHHHHHHHH YEAHHHHHHHHHHHHHHH BAGGGGGGGGGGGIIIIIIIIEEEEEEEEEEEEEE FUCKKKKKKKKKKKKKKKK MEEEEEEEEEEEEEEEEEE

>> No.56051108

YEAHHHH BAGGGGIEEEE YEAHHHHH KEEEEP BAGHOLDING YEAHHHHHHHHHHHHH

>> No.56052213

Kek oh baggies your thread is gonna die :)

>> No.56052846

>>56052213
Vincent anon, is that you?

>> No.56052954

Why are we mooning?

>> No.56052980

>>56050232
>>56051108
>>56052213
>Kek oh baggies your thread is gonna die :)
Nigga you literally just had two opportunities to let the thread die but you bumped it back up every 2 hours

>> No.56053102

>>56052954
Cuz that was the bottom. Only_up.jpg

>> No.56053185
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56053185

>>56052954
because i boughted another 10m

>> No.56053749

>>56053185
Based at fr fr no cap. On gawd

>> No.56053863

>>56053185
What pump? Not fudding but we are fucking flatlined

>> No.56054338

Whatever. Just bought another 1.5M

This month's staking rewards will take me to 40M. Target is 50M (20M staked, 20M on station, 10M laddered on exchanges)

>> No.56054727

if one stakes their 100m bag. how much monthly in staking?

>> No.56054786

>>56054727
I have 50M staked and I get about 12k LUNC + 45 USTC a day.

>> No.56054881

>>56049974
>>56050024
Okay... So there should be a use case for LUNC.
Anons what are some things you use in your day to day that you often feel the need to replace (even a specific type of groceries).
The only way to utilise people using LUNC is to make it worth for them to use LUNC instead of cash for something they would have to purchase anyways.
I don't really know a use case on the block chain but this could be a start.

>> No.56054889

>>56045510
This would be great.

>> No.56055641

>>56054889
Yooo we finna get dem gainz once we get our hands on dem scorch coins! We be stacking them coins like we stack bitches

>> No.56055877

>>56055641
If you're stackin coins like you stack bitches, then you've got a big ol' pile of coins and no bitches bro. Let the big boys show you how it's done, this is big dick energy. Scorch Coin is the way and the truth brother, we're gonna be the ones in the green while you cry into a bottle of lotion at your portfolio

>> No.56056388

>>56045510
I seriously want an anon to explain to me what are the downsides of doing this reverse split BESIDES an initial price crash, and the loss of major potential gains had we figured out how to burn off the excess LUNC supply
Besides those two things, why not just reverse-split the excess away? Isn't the excess supply the biggest hurdle in this token right now?
Why not reverse-split, let the price settle wherever it may, then go from there?
>>56049147
"No point" meaning what exactly? Break it down for me
And isn't 1.5 trillion still a huge number that has to be burned down?

>> No.56056675

>>56056388
It is all bs theater to shake us out.
Supply doesn’t matter. The chain works just fine. Only need to fix the algo stable, but not really as 2una is doing “fine” sans stable.

>> No.56057264
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56057264

I bought 10m just after the crash with a DCA of about 0.000011

Since then I've sold 6m Staking Rewards LUNC for an average cost of 0.000026

I still have my original 10m LUNC, and no exposure. So why would I sell?

>> No.56057272

>>56056675
Why won’t they fix it? Like what are they waiting on

>> No.56057705

>>56056388
I thought the plan was that cz was going to fix everything after 3000 shakeouts.

>> No.56057835

>>56057264
I'm not selling due to the fact that it still has a decent APY. Why wouldn't I compoond?

>> No.56058250

>>56054786
$12000 a day is a good income.

>> No.56058316

>>56057835
What's the APY in $ or BTC terms?

>> No.56058332

>>56049486
Ergo has that and it's called Storage Rent

>> No.56058381

>>56058316
It's around ~17% if I remember correctly. HappyCrappySchizo's site has been down for awhile now.

>> No.56058617

Why there's only a few votes for 11767
>Test market swap with mint limiter

>> No.56058620

>>56057264
OHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

BAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56058728
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56058728

>>56057835
>raise APY to borderline stupid levels
>everyone starts buying tonnes of LUNC to stake for the rewards
>price starts going up
>normies take notice and start to ape in
>price rises exponentially
>huge amounts of LUNC held on terra station
>one day just close withdrawals and burn everything held on station
>massive amount of LUNC burned and the healing process can begin
Tell me why this wouldn’t work.

>> No.56059652

>>56058728
Cause you fucking mouth breathing incest retard, Terra station is not a bank, it's literally just a module of a wallet. Do you put your money in the bank every time you put it in your wallet? No, that's yours. Even if they nuke station and everything, if you just import that wallet to something that supports it you get your coins back.

These are the type of people in this community, fucking retards with IQ lower than their foot.

>> No.56059680

>>56036145
That thread was up for 2 weeks. Speaking of 2 weeks, where’s the white paper novafaggots? A few more months and it will be the 1 year anniversary from when you guys first announced having started “working” on it

>> No.56059938

>>56059680
Kek. Nova's only white paper was the toilet paper I used to wipe my ASS. It's now a brown paper dude. KEK

>> No.56060052

I remember an anon in a thread a while back suggesting that a large percentage of staking rewards should have been burned across the board while the remaining LUNC rewards would go directly to the staker
Any reason why this wasn't done or why it wouldn't have worked out?

>> No.56060291

>>56060052
Why do anons come to biz to post all their ideas but refuse to post on the agora, while also complaining how nothing gets done? Retards

>> No.56060703
File: 333 KB, 1080x2316, Screenshot_20230908_165642_Chrome.jpg [View same] [iqdb] [saucenao] [google]
56060703

Moderately bullish?

>> No.56060741

>>56060703
>moderately bullish?
It was up until it said:
>community’s role to play in the path ahead
Expect to gain another zero when this happens

>> No.56060839

>>56060703
>the community's role in the path ahead
>"guys, we need you to vote Yes on prop 11787 - letting us use the remainder of the CP! We won't be able to work without funding goys!"

>> No.56061068

>>56060839
This. I fear

>> No.56061102

>>56053185
I love that threads last long enough that these "moon" posts from a day ago are already irrelevant

>> No.56061280

>>56061102
Doesn't matter. Bought moar

>> No.56061691

the community didn’t crash lunc therefore it won’t redeem lunc

>> No.56061862

>>56061691
Ok Mohammed

>> No.56062027

>>56061691
Kek

>> No.56062199

>>56060291
Because the only thing that get attention on agora are proposals submitted by individuals or groups with high stakes. If you’re a nobody with no one backing you, you’re just gonna get buried with your proposal.

>> No.56062312

>>56062199
Checked

>> No.56062955

So when do we all become millionaires without working for it anons? I'm waiting

>> No.56063026

>>56062955
>without working for it
And after losing all their money

>> No.56063168
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56063168

>>56062199
Don't the novafags have a big following? What happened to them being a 'biz validator'?

>> No.56063533

>>56062955
At this rate, the year 2070

>> No.56063561

>>56047433
>(Oh baggie, baggie)

>> No.56063937
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56063937

>>56063561

Oh baggie, baggie
how was I supposed to know
That buying wasn't right here

Oh baggie, baggie, I should have bought you low
And now you''ll never be high, yeah

Show me,
how you want it to crab
Tell me baggie 'cause I need to know now, oh because

My folio is killing me (and I)
I must confess I still draw lines (draw lines)
When I'm not holding you I lose my mind
Give me a puuuu uuu uuump
Rug me baby one more time
Rug me baby one more time

>> No.56064052

>>56063937
Someone shop EK or zaradars face on her

>> No.56064194
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56064194

>>56064052

>zaradar

does he even have anything to do with LUNC anymore?

>> No.56064517
File: 1.18 MB, 5000x4819, fuckingkek.jpg [View same] [iqdb] [saucenao] [google]
56064517

>>56064194
I haven't been keeping up since he left but I wouldn't be surprised if he was back

>> No.56065038

>>56064194
He's doing quant shit. See here:
https://twitter.com/4lex_4sh4w/status/1699760987857920401

Still shilling for USTC baggies

>> No.56065083

>>56065038
Oh never mind. Zaradar is Tobias. I'm an idiot today

>> No.56065574

>>56064194
I can't stop laughing every time i see this pic

>> No.56065767

>>56059652
move my shit offline to avoid shit like that

>> No.56065795
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56065795

Alright, I might get destroyed for this, but here’s the cold truth:
LUNC is never going to fucking recover as long as the people who claim to believe in it keep being greedy and trying to avoid sacrifice, and only wanting to acknowledge the greed of others like the grifting-ass devs
The funny thing is that people keep hoping for CZ to swoop in and magically save LUNC and make us a bunch of rich niggas for no reason
But CZ already DID try to save LUNC, and is still trying to save it: by leading by example
CZ is one of the few persons involved in LUNC who has routinely sacrificed by burning a large chunk of LUNC (which he earned through exchange fees). We celebrated when he started doing it…..and then right after celebrating we flat-out refused to do the same thing, to come up with a way that the LUNC community could do the same thing as a collective sacrifice to burn down the supply similar to what he was doing
That was CZ showing us what we needed to do to save this token….not just burning, but sacrifice via burning. From day one when the whole shitshow started, he said we should reduce the supply via burn. We read his tweet, but we haven’t followed his example on how to do it
Most of us already have our desired minimum LUNC target stack. By now we should have been sacrificing a large chunk of the LUNC we’ve been earning for free via the staking of that target stack, by having that chunk be automatically burned. Did we do that? No. We got motherfuckers that already have like 50 million LUNC with their initial investment, who won’t even stake to burn off an extra 5 million LUNC THAT THEY GOT FOR FREE, while they still could probably have kept an extra 500K to 1 million LUNC staking rewards after that 5 million LUNC was burned. What kind of greedy shit is that? Imagine thinking “Why should I settle for only getting 50 million potential dollars while supporting the burn….when I can get 55 million potential dollars instead by not burning?”

>> No.56065804

>>56065795
By now we should have come up with some sort of LUNC/USTC swap on the exchanges that allows us to sacrifice current-value LUNC to the exchanges for them to burn and get their fee profits, in exchange for a current-value amount of USTC, all in anticipation that USTC will get repegged to $1 later and we’d then get our “burned” LUNC money back later. Did we do that? No. A lot of people are holding/accumulating LUNC but not USTC, mainly because they care more about the 1,000x or more that LUNC could potentially bring instead of the 50x to 100x that USTC could bring. They’re not necessarily interested in buying a bigger market-value amount of USTC directly, so why not give them an option via a unique swap where by burning some LUNC off, they can still ‘earn’ USTC which will get them their money back whenever a full repeg happens?
These are just some ways that the burn rate could be significantly increased, just by donating and sacrificing a little by the community. Maybe these particular burn ideas are flawed and there are better ideas, but still. Instead most LUNC holders would rather sit back, let random people on the internet figure out how to moon their bags, and meanwhile greedily hold onto each and every LUNC token they can get like the cat in the pic. Why should the devs stop being greedy, when you motherfuckers won’t do the same?

>> No.56066215

>>56065804
Are you comparing me, someone who puts liquidity into this, to the grifting devs to take payment before anything is done and then never deliver on their promises?

>> No.56066269

>>56045510
Can someone explain how a reverse split actually benefits anyone? The reason we want to get to a dollar is because we have millions, but if we just force our way to a dollar by dividing everyone's stacks by 10000, our individual stack values remain the same because it was evenly spread across wallets, sure we made it to a dollar but it was artificial and now we'd need to see it go to 10k per coin to see the same returns.
Alternatively, we burn, let volume burn the supply, let people drop out when they are happy with their gains, and despite it being harder, and longer, we actually make it honestly to a dollar and get rewarded for doing so. Reverse split just doesn't achieve anything in actuality it just makes the price per coin go up inversely proportional to our supplies going down. Am I retarded for thinking this?

>> No.56066654

>>56065804
You had me until you compared me to a grifter. Fuck you

>> No.56066695

>>56066269
No. You're sane. Thats exactly how it would work

>> No.56066766
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56066766

Why is USTC poomping?

>> No.56066838

>>56066215
>>56066654
Yes, and the comparison is apt if you have never voluntarily burned a reasonable amount of LUNC after securing your initial stack (if you did then obviously this post doesn't apply to you)
But that's motivated by greed, just as the grifting is motivated by greed
You're likely angry at the grifters because they found a better, more profitable way to apply their greed than you did

>> No.56066848

>>56066838
Post proof that you've burned a significant amount or die to death

>> No.56066861

>>56066269
It's true that the reverse split would not create a significant and profitable result. Although I would say it is possible that the outcome of the split could violently pump the coin as many clueless people fomo in and buy a large amount of the coin thinking LUNC is about to pull a shib (which they would think it did, by artificially pumping it) but since the supply is much lower after that point, pumping it should be easier on paper.

>> No.56067096

>>56060839
This is exactly what's going to happen

>> No.56067109

>>56065804
>with some sort of LUNC/USTC swap on the exchanges that allows us to sacrifice current-value LUNC to the exchanges for them to burn and get their fee profits, in exchange for a current-value amount of USTC, all in anticipation that USTC will get repegged to $1 later and we’d then get our “burned” LUNC money back later
and how the fuck, pray tell, would this work?

>> No.56067337

>>56066838
I've burned at least 5 million in tax alone, dipshit. How much have you burned?

>> No.56067546

>>56067337
He hasn't burned shit, he's just doing a whole leper messiah bit

>> No.56068003

>>56067546
Of course he hasn't. Faggot

>> No.56068340

>>56067546
Yup

>> No.56068667
File: 892 KB, 300x299, Greta Pretty Cool.gif [View same] [iqdb] [saucenao] [google]
56068667

>>56041631
>>56041756

>> No.56068936

Is there any way to buy this coin? Don't have access to any of the exchanges.

>> No.56068973

>>56068936
Bridge through IBC, then buy on a DEX

>> No.56068983

>>56058381
That's in Lunc. Unless you're instantly selling it's much lower in reality and you're still bleeding your initial held in Lunc

>> No.56069025

>>56066269
Best part is it doesn't actually mean reverse split by 100 means your per coin's value goes up by 1000. It doesn't even mean it goes up by 0x. It could very well be a situation where it goes up only by X2, and you end up devaluing your stack by 100 or 50 times. Only idiots with no grasp of economics are suggesting this.

What they are suggesting is to cut the mcap of lunc from 400m to 4m, so its easier to pump to 20m maybe. It's utterly brainless.
The only reason to do it would be for ustc, where you need to reduce supply to pump it by an outside entity. It requires gigantic influx of funds still to pump it.
So we would be cutting mcap of ustc from 90m to maybe 5 million, or een 1 m, and backing it with partners at a lower mcap.
Seems like out of the entire community only Alex the jew seems to understand economics.

>> No.56069317

Nova is voting No on 11767 - Testing swaps - together with Allnodes, Nova scammed /tlcg/ and is siding with the toxic faggots.
>https://station.terraclassic.community/proposal/columbus-5/11767
Redelegate away from Nova to Validators with a real interest in LunaC like Interstellar, JesusisLord, Stakely, T.Mom

>> No.56069846
File: 23 KB, 440x438, wojak cross.jpg [View same] [iqdb] [saucenao] [google]
56069846

>>56069317
Igor the proposer of #11767 didn't even read the MM docs or how Atomic swaps function. His proposal should have been shot down to hell, And are you seriously advocating for a validator like JesusIslord who doesn't even understand how alliance modules work.Do you know that this particular validator thinks that the alliance modules somehow steal liquidity from lunc and raves about his drug endued visions from god.

>> No.56070234

>>56069846
How about testing something is better than doing nothing. Also repent your sins.

>> No.56070529

>>56070234
>trying to reason with a jew
NGMI

>> No.56070866

I've been gone a while. I bought a house. Wtf is up with this price?

>> No.56070903
File: 927 KB, 1914x1317, hehe.png [View same] [iqdb] [saucenao] [google]
56070903

>>56049698
O rly? Because I'm creating a video game, a Pay to Earn, and believe it or not, but part of what people are going to earn is going to be transfered to dollars, LUNC and burned away.

My idea is way more stupid, because i'm litteraly throwing money away.

Fuck you!

>> No.56070959

>>56070866
It's been on a slow decline, nothing new

>> No.56070969

>>56070959
Have lunc bros still been DCAing?

>> No.56071010
File: 97 KB, 503x347, greedy luncer.jpg [View same] [iqdb] [saucenao] [google]
56071010

>>56066848
>>56067337
>>56067546
These responses are exactly what’s wrong with the LUNC community
Someone suggests sacrifice-burning as a collective to replace the unnecessary, unproductive greed that’s been happening.....and the conversation immediately turns into a dick-measuring contest over which individual burned how many LUNC
If you’re not larping and you really did burn 5 million LUNC, great. I’m not interested in “proving” how much I burned, but let’s say for the sake of argument that I didn’t burn any LUNC at all. Are you gonna suddenly regret your burns then? Are you gonna avoid burning in the future? Would that even really invalidate the points that I made? What difference would that make?
While me and you are dick-measuring over LUNC burns that barely dent the supply on our own, many of the other greedy LUNC holders would be laughing at us like pic related
I’m saying we all need to get past that greed as a community and try something different. We don’t need to compete and compare, we need to work together against this excess supply. There's a reason why I kept saying "we" throughout my earlier posts
LUNC is on 350k watchlists according to coingecko. Imagine if just 10% of that, 35,000 LUNC holders decided to use $60 that they would have blown on Uber Eats and instead buy-&-burn 1 million LUNC at current price, that’s 35 billion LUNC burned which gets all of our initial stacks a little closer to being worth millions. Now imagine that being done monthly for a year, that’s around 420 billion LUNC burned, nearly half a trillion (assuming the price remained stable). Imagine if we had been doing that for the past year all while the bad news and the grifting kept happening, morale would be much higher now because if nothing else at least the burns would look much more promising
We need to start thinking like this and working together instead of just waiting for CZ and random devs to make us rich

>> No.56071060

>>56067109
A guy has 10 million LUNC that he’s holding on the side for when LUNC hits $1
In the meantime he wants to contribute to the burn by taking 60 of his monthly wagie dollars and buying LUNC to ‘burn-swap’ every month
At current $0.00006 price, that $60 gets him 1 million LUNC. He swaps that 1 million LUNC in a LUNC/USTC ‘burn swap’ on an exchange.
During the swap the exchange gets $3 worth (5%) of that LUNC as a fee, and burns the remaining $57 worth (95%) of LUNC. The exchange then gives the LUNC seller 1.2% of the USD value of their swapped LUNC (in this case, 72 cents) in the form of current-price USTC ($0.012), which would be 60 USTC ($0.72 divided by $0.012). The exchange therefore makes a $2.28 profit, and whenever USTC is repegged the LUNC seller gets his $60 back
Obviously those particular percentages numbers may not be perfect/ideal, but I just used those to make the example as clear as possible. As the USTC price changes, the exchange can adjust the USTC return rate for the LUNC burner as well as their LUNC fee percentage & the LUNC burn percentage, to maintain a fair profit for the exchange while also burning a large amount of LUNC and making sure the LUNC burner gets enough USTC to at least cover the USD value that was burned, whenever the full repeg happens
>but why go through all of that bullshit when the guy could just buy $57 worth of LUNC, burn that same $57 worth on his own, then get even more USTC (250 USTC) with his remaining $3 instead of only getting 72 cents worth?
Two reasons why: convenience, and the current negligible difference between 72 cents and $3

>> No.56071081

>>56071060
It would take extra steps to find the LUNC pair on an exchange, buy the LUNC, find the official LUNC burn address, then withdraw the LUNC to the burn address, then finding the USTC pair on the exchange, then buying the USTC….…..compared to simply finding the LUNC pair on an exchange, buying the LUNC, then quickly finding the ‘burn pair’ on the same exchange and burning and obtaining the USTC at the same time via the swap
Also remember that this is essentially a voluntary donation but with a long-term reimbursement plan. Most smaller LUNC holders won’t care about technically being able to get a bit more USTC for a few dollars in a direct USTC swap, as long as the USTC amount which they receive in the burn-swap covers the USD value that they initially burned (maybe the USTC return rate could somehow possibly even be 1.5x or 2x the USD value that was burned?). Their main focus will be LUNC increasing in price, not USTC. The USTC would just be a little I.O.U. for their voluntary burns so they know they didn’t completely throw away that wagie money for nothing when the repeg happens
Now imagine one wagie LUNC holder who’s willing to buy and burn just $60 worth of LUNC a month. That’s about 950k LUNC burned monthly for that one person (excluding fees going to the exchange). Now multiply that by just 10,000 LUNC wagies with a dream who are willing to pay a little now to work with a community towards getting a lot later….that’s 9 billion LUNC burned a month
I'm sure there are flaws in this idea that I'm not seeing, and other anons will certainly let me know. But even if it's a bad idea, at least it's an IDEA, more than what we've gotten from the devs so far

>> No.56071125
File: 119 KB, 165x240, kermit_shit.gif [View same] [iqdb] [saucenao] [google]
56071125

>>56070959

Pretty sure It's being actively suppressed.
All my indicators show opposite movement to bitcoin which has been actively propped up
But the problem is;
Bitcoin's artificial prop up is matched with distribution
but with lunc, the artificially supression is not met with accumilation
I dont know why theyre suppressing the price
maybe theyre trying to direct the liquidity towards LUNA2, USTC and/or UST.
Depressing and soul crushing. We're so oversold, but we keep dropping, and these drops are intentional. Someone is spending money, taking a loss, to murder this coin, like they have some personal vendetta against it.

>> No.56071226

>>56070959
>>56071125
Cool, just restarted the journey of DCAing now that the budget is set on the new house. I'll take this sale price, it's about 5% of my portfolio but I have a good feeling. I have about 5m now. Looking to get to about 20mil by end of 2023, then I'll just let the staking take it from there.

>> No.56071692

>>56071081
>But even if it's a bad idea, at least it's an IDEA, more than what we've gotten from the devs so far

I'll give you this - its more sound than Redline Drifter's repeg scheme so far has proven

>> No.56071787

>>56071125
Sounds like somebody has a stick up their ass

>> No.56072019

>>56071125
remember those bitcoins DK stole?...

>> No.56072749

>>56072019

elaborate please
how do the stolen bitcoin relate to the price suppression?

>> No.56073929

>>56072749
They don't

>> No.56074011

>>56061102
The moon posts are posted ironically now

>> No.56074172
File: 133 KB, 412x424, dw.png [View same] [iqdb] [saucenao] [google]
56074172

It just keeps plummeting
just kill me already
how the fuck are people still selling?

>> No.56074176
File: 190 KB, 637x686, GokuSuperSpiritBomb.png [View same] [iqdb] [saucenao] [google]
56074176

>>56071060
>>56071081
So basically we keep spirit bombing the supply away by continuously throwing our hard earned money at it and paying the exchanges to burn our LUNC instead of burning it ourselves?
Sounds completely retarded except for the USTC IOU part, that's actually a little interesting. But I don't think it would be worth the effort to people to do it just to get their exact money back. If it could be done in a way where people could get at least 10x their USD back upon repeg then you might be on to something. We might even get people who don't care about LUNC to join in since they'd be doing it for an eventual 10x

>> No.56074412

>>56074172
Kekw we all know this is a dead coin, no amount of copium will change that. Those fake devs are just playing the long con of getting free money from the agreeable idiots in the community.

Niceness are fodders for psychopaths

https://www.youtube.com/watch?v=apGkIuHdZRM&pp=ygU7YWdyZWVhYmxlIGlkaW90cyBhcmUgZm9kZGVyIGZvciBweXNjaG9wYXRocyBqb3JkYW4gcGV0ZXJzb24%3D..

>> No.56074538

>>56074011
nothing ironic about those dubs
>checked
>wagmi

>> No.56074851

>>56074538
Based

>> No.56075550
File: 96 KB, 423x352, 1.png [View same] [iqdb] [saucenao] [google]
56075550

There's just nowhere on the internet to have an honest discussion on Luna Classic.
Both 4Chan and Reddit is dead, and the only people sticking around are those with massive buy orders at ATL levels.
Twitter is full of bot accounts saying $1 or devs who have been forced to be defensive as fuck because of the artificial drama created by those with ATL buy orders.
It's literally the opposite to those insane bullruns in other coins.
The best time for any cryptocurrency is when its at a reasonable price.
Right now is a shit time to discuss LUNC
especially here

>> No.56075915

lets go lunchads! :p

>> No.56076764

>>56075550
>devs who have been forced to be defensive as fuck because of the artificial drama created by those with ATL buy orders
>artificial drama
Is this bait?

>> No.56076803

>>56076764
The drama is one sided fake
artificially started by cunts like rabbi to mzke LUNC appear disorganized and in disarray, so that price crater and they buy up all the cheaps coins

have you read rabbi's commentary
Everything he points out can be said respectfully
instead he intentionally makes it personal and agitating
he does it on purpose

>> No.56076971

>reddit spacing
>it's duh rabbis fault!
try harder, nigger. fact remains it all went downhill when 4l3x (SBF) made the burn % reduction proposal and retards voted yes

>> No.56076990

>>56074172
>how the fuck are people still selling?
It takes some people longer than others to give up on a token

>> No.56077042

>>56074412
>Those fake devs are just playing the long con of getting free money from the agreeable idiots in the community
I really wonder what's going to happen if this quarter passes with no major updates or solid plan from the team yet they still demand payment in advance
There has to be a breaking point somewhere

>> No.56077078

>>56043721
>Are we all still staking on NOVA
I completely forgot about Nova, kek

>> No.56077115

>>56071060
>>56071081
This sounds pretty solid to me, but then again I'm a smoothbrain when it comes to shit like this
Any big-brains can say why this wouldn't work?

>> No.56077239
File: 112 KB, 1624x228, most_stupid_idea.png [View same] [iqdb] [saucenao] [google]
56077239

>>56076971

The devs are doing everything they can, and all you can do is shit on them and come up with half cocked retarded ideas like pic related

Im convinced cunts like you are saboteurs

>> No.56077298

>>56077239
> The devs are doing everything they can
All the grifting they can...

>> No.56077546

>>56074176
Giving 10x the USDT amount could work, just have to adjust the percentage burned to something like 85% while the exchange gets 15% for profit
Using the same $60 example:
The burner burn-swaps $60 worth of LUNC. The exchange gets $9 worth of LUNC (15%) as a fee and $51 worth of LUNC (85%) is burned
Since the burner gave up $60 USD value, in exchange he gets a "10x" of 600 USTC (the return percentage would be 10x the current USTC price of $0.012, so he gets 0.12 or 12% of his USD value back. 12% of $60 is $7.20). In other words the burner gets $7.20 worth of USTC ($7.20 divided by USTC price $0.012 = 600 USTC)
The exchange made a profit of $1.80 on the swap ($9.00 - $7.20)
When the $1 repeg happens later, the burner turns his $60 worth of LUNC into $600 worth of USTC
Or if he felt ballsy and burned $600 worth of LUNC, he turned it into $6,000 worth of USTC
and so on

>> No.56077555

>>56077546
>Giving 10x the USDT amount could work
Sorry, meant USTC obviously, typed too fast

>> No.56077604

>>56077555
I’ll check yo trips but ustc should be killed off and replaced with new coin airdropped to those who help lunc on station during the split. Ez pz. No repeg needed. That debt is dks not ours, and he already comped holders with 2una. People bitching for ustc repeg are pre crash baggies like arc and ark investments, who I hear are paying the shit devs.

>> No.56078039
File: 61 KB, 986x538, LUNC.png [View same] [iqdb] [saucenao] [google]
56078039

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH! CZ !!!!!! SAVE US!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>> No.56078178

Baggie thread still up? Kek. Maybe you idiots will make it after all.

>> No.56078594

>>56078039
>in retrospect, it was a dip

>> No.56078869

>>56077239
>The devs are doing everything they can
Please post a list of all of their significant updates and efforts to reduce the LUNC supply

>> No.56078928

>>56077546
Getting a consistent 10x USTC isn't sustainable here due to the USTC price always changing and possibly going higher. What if USTC goes to 10 cents market value? Then someone swaps $60 LUNC and gets 600 USTC which at 10 cents each is valued at $60? So then where's the exchange profit? The only way that 10x thing could work is if USTC naturally stays at around a penny market value like it is right now or if it's pegged to a penny

>> No.56079442

>>56078869
Still waiting. Kek.

>> No.56079869

Somebody give me a logic reason
>manipulation
>kikery
>or whatever

Why is this piece of shitcoin still holding the .00005 floor?
Why can it just gain another zero?
Why is nobody selling?

>> No.56079935

>>56068936
>Is there any way to buy this coin? Don't have access to any of the exchanges.

You retards are seriously buying LUNC? Are you fags drunk on spoilt milk why buy a dead shitcoin when you could put the money in better assets like TRIAS, INJ and CYMI.

>> No.56080453

>>56079869
>Why can it just gain another zero?
Patience, anon
We need a few more months of no significant updates, devs being paid for little to no work, and maybe also another hack before we get that extra zero

>> No.56080772

>>56080453
>maybe also another hack before we get that extra zero

How many more sneeded?
It's been like 4 fucking rugs damnit.
This shitcoin even sucks at dumping wtf is wrong with this cursed token
>no gigadumps
>no pumps
>jeets are not jeeting

>> No.56080850

>>56070969
Can't believe people have been DCAing into LUNC when they can literally DCA into other promising alts like NXRA, XRP or even VELA.

>> No.56081024
File: 24 KB, 600x497, f656c7e2e94101d94806bb8c1d48b5cb.jpg [View same] [iqdb] [saucenao] [google]
56081024

>>56071060
I'm intrigued
Should be a proposal
I know if I saw stats showing where billions of LUNC a month was being voluntarily burned by holders for a USTC payback then I'd have no problem giving $100 a month to help out

>> No.56081318

>>56071226
>Cool, just restarted the journey of DCAing now that the budget is set on the new house.

Maybe i can consider doing the same as well after i finish picking up as mush CYMI and RIO as possible.

>> No.56081352

>>56080850
listen sanjeev, i mean this in a nice way: i hope you get cancer (in a nice way) and die slowly and painfully from that cancer (in a nice way)

>> No.56081374

>>56081352
Honestly, anon, it would be better to by jeet rugpulls than to double down on this scam.

>> No.56081939

You baggies embarrass me.

>> No.56081951

>>56080772
Lunc is the cockroach that never dies for some reason. 4 rugs and it's still going. You know you're never gonna get rich off this shit. Maybe a x5 on the bullrun but as far as $1, maybe if the dollars inflate in the next 2 years to Zimbabwe meme levels sure.

Kek Baggies.

>> No.56081970

>>56077042
>There has to be a breaking point somewhere
Not with these retards.

>> No.56082006

A year ago I made a bunch of pro-LUNC memes, gifs and webms in anticipation of a steady price growth
I still have all of those in a folder on my laptop. They're just sitting there unused and abandoned...poor little fellas, lel

>> No.56082736

Another week old thread? Not sure if this is bullish or bearish.

>> No.56082887

i must confess:
i bought this shitcoin because i was a normalfaggot who didn't know anything about crypto, i invested without knowing about marketcap, supply, etc and believed "lunc $1eoy" now i don't even want to throw money at this if it gains 2 more zeroes..
at current price, maybe a x7 if if much is possible but only if another bullrun comes.

anyway, this shitcoin will never make millionaires
it's joever
glad i sold

>> No.56082893

>>56082887
Thank you for your sacrifice

>> No.56083032

>>56082887
>i bought this shitcoin because i was a normalfaggot who didn't know anything about crypto, i invested without knowing about marketcap, supply, etc
okay so in other words, your opinion on crypto and finance is irrelevant because youre retarded, got it

>> No.56083436

>>56080772
Seriously, give it by early next year
Outside of a surprise bull market or some revolutionary ideas dropped by the team to quickly burn supply and add utility, we're definitely seeing another zero at this rate

>> No.56083479

>>56083436
If we add another zero I'm rounding my stack off at a sound Billion

>> No.56083507

>>56078928
>or if it's pegged to a penny
Couldn't that work, though? Seriously asking because I don't know much about how this shit works
Peg it to a penny or maybe 2 cents temporarily for the purpose of the swap burn thing being for a guaranteed 10x at full repeg?
Or would that fuck over USTC holders somehow?
I mean the coin's been under 2 cents now for months anyway

>> No.56083578

>>56060703
I haven't been keeping up
Do we know what this proposal is or are we waiting for the team to tell us what it is?

>> No.56083590

>>56043171
You know things are bad when this post ends up being the most anticipated highlight of LUNC generals

>> No.56083597

>>56043544
The fact that nobody could answer this is unbelievably bearish, topkek

>> No.56083626
File: 125 KB, 540x897, 1678480048842655.png [View same] [iqdb] [saucenao] [google]
56083626

echel0n is buying into obvious presale scams with your money, stop funding these grifters

>> No.56083634

>>56066269
Another bearish sign, people seriously discussing reverse-splitting as a solution

>> No.56083636
File: 99 KB, 540x407, freshprince.jpg [View same] [iqdb] [saucenao] [google]
56083636

>>56071060
Imagine the dev team going to all the exchanges with this idea like
>"PEOPLE WILL COME, TO YOUR CASINO............TO LOSE!!!!!"

>> No.56083719
File: 179 KB, 1080x1080, Baggies.jpg [View same] [iqdb] [saucenao] [google]
56083719

Bump

>> No.56084016

>>56068667
God that face looks unfortunate

>> No.56084039

>>56084016
My flame. My muse.

>> No.56084065

>>56083479
Can't wait to buy your bag for $1 for shits and giggles.

>> No.56084408

>>56068667
when Luna Classic (ticker: LUNC) moons I will fuck & impregnate Greta Thunberg

>> No.56084440

anyone else having problems with Terra Station app today?

>> No.56084732

>>56084440
Chain halted for upgrades. Whether it'll restart again is anyone's guess.

>> No.56084968

>>56084732
Chain seems to have a lot of halts

>> No.56085039
File: 201 KB, 730x411, 161704279428842.jpg [View same] [iqdb] [saucenao] [google]
56085039

>>56071060
>>56071081
This is an innovative idea and I can't believe more posters haven't been discussing it.
What is one of the main things we have been complaining about for the past several months? The fact that the devs keep demanding payment first before any work is done, and the fact that they demand their payment by U.S. dollar amount instead of by LUNC amount, which signals their lack of faith in LUNC's value ever increasing significantly. Yet we've been paying the devs first anyway, but no major burns or other developments have happened and there is currently no official plan or roadmap for a major burn or other utility.
So since that's not working right now, why not try the opposite of that? Instead of the devs getting paid for profit first for work later that they may or may not do, let the community work together first by paying to burn LUNC en masse with their regular beer money, then get paid back later to break even with repegged USTC?
CZ's been throwing away millions of dollars worth of LUNC away for months to help with the burn and all he got paid back is some good publicity. Are we all really too good to throw away our beer money regularly in a similar fashion? Even if we get paid back depegged USTC that's expected to be repegged?

>> No.56085744

Another disastrous software upgrade?

Fire the L1 team.

>> No.56085766

>>56049486
The ol' "Move It Or Lose It" burn

>> No.56086210

does LUNC have the highest burn rate out there?

>> No.56086513

>>56086210
Hardly.

>> No.56087348

>>56086210
It might be the lowest

>> No.56087994

>>56087348
Bunch of baggies. Kek

>> No.56088731

>>56087994
Bunch of future Millionaires, doublekek

>> No.56088769

>>56088731
OHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

BAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSSS

>> No.56089032

>>56088769
>OHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Yacht Party, b i t c h

>> No.56089242

>>56088769
Don't let anyone ever tell you to stop with these "oh baggies" posts
Until LUNC gets its shit together these posts are well-deserved

>> No.56089273

>>56089032
YEAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH BAGGGGGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56089402

>>56077115
I read that and the first thing I wondered is where exactly is the USTC coming from that's being given to the ones burning their LUNC through that swap? Who's exchanging that USTC: is it coming directly from the exchange itself and doing some exchange-to-user trade, or is it a regular user-to-user trade involving individual USTC holders? If it's individual USTC holders who would be getting a fair market value of LUNC in exchange for their USTC, then those numbers for the swap have to be fixed. Also what about other USTC pairs on the same exchange, would those still be allowed or do the exchanges only have the LUNC/USTC pair to encourage burning LUNC first in order to get USTC?

>> No.56089811

>>56082887
>i don't even want to throw money at this if it gains 2 more zeroes
>I sold
The shakeout is going to plan.

>> No.56089842

>>56089811
Wasted digits

BAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56090726

>>56089242
Never gonna stop bro. Too much fun to moan OHHHHHHHHHHHHHHHHHHHHHHHHH YEEEEEEEEEEEEEEEEEAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHH BAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEE HOLLLLLLLLLLLLLLLLLLLLDDDDDDDD MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56090734

>>56052954
Kek, people always fall for this post, every fucking thread

>> No.56091373

Hello

>> No.56091476

>>56091373
Welcome to LUNC General. Our threads last weeks. How big is your bag?

>> No.56091579

I would love to see Do Kwon get creampied in prison *licking lips emoji*

>> No.56092152
File: 568 KB, 498x376, money-fire.gif [View same] [iqdb] [saucenao] [google]
56092152

>>56089402
Have the exchange open a LUNC/USTC pair where people can buy & sell both tokens at their market price
Tell the exchange to also add an option to this pair where LUNC believers can voluntarily "market-burn" [no limit orders for this] LUNC and receive their burned US dollar amount in USTC form from the LUNC/USTC order book, and the exchange gets a fee
Let's say 1 LUNC = $0.0005 and 1 USTC = $0.10
Person market-burns $50 in LUNC [100,000 LUNC]
2% of that 100,000 LUNC - or 2,000 LUNC - goes to the exchange as a fee
A percentage of the 100,000 LUNC, determined by the market USTC price at that time [$0.10, which is 10%, which is 10,000 LUNC in this case], will be used to market-buy 50 USTC from the LUNC/USTC order book [this is what will match the USTC amount to the US dollar amount that the LUNC holder gave up]
The remaining percentage of the 100,000 LUNC - 88% in this case, or 88,000 LUNC - will be burned
The burn percentage goes up and down according to the USTC price-based percentage changing
The person market-burning LUNC gets a summarized, clear warning message of all the above before the transaction is complete
The only thing is you can't market-burn LUNC if the USTC price is above 10 cents at any time, 10 cents is too high and is the cap
The exchange reports weekly or monthly on how many LUNC was burned through their market-burn option
This in itself won't burn most of the LUNC supply down but it would help a lot if enough LUNC holders do it regularly
Kek, paying our way to wealth. They do say it takes money to make money

>> No.56092374

>>56092152
Have a (you). Not entirely brainless

>> No.56092485

>>56092374
Thanks anon
>>56074176
>So basically we keep spirit bombing the supply away by continuously throwing our hard earned money at it
>Sounds completely retarded
How many people have called CZ a retard for burning his millions in LUNC fees to reduce the supply? Not many, I bet
CZ does that and gets praise, but if a couple thousand broke LUNCers spend $50 or $100 a month each burning billions of LUNC together that would make us retards?
I'm honestly starting to think that was the real solution this whole time, for all of us to do what CZ is doing
CZ said multiple times that he still has his original stack. He's also burning the extra that he earns. Maybe we should all be doing that?

>> No.56092655

get 10 exchanges burning like Binance and lunc is off to the races because all of crypto will fomo when they realize it’s actually a dip

>> No.56093200

>>56092655
The only dip happening is when I Teabag your face with my nuts cause this chain is just bleeding ever so slowly. No catalyst or anything worth to look at and only grifts.

>> No.56093204

>>56086210
DEXT has over 10%. Even ETH had a higher burn rate over the last year

>> No.56093594

>>56092152
Why should people burn this way though?
I think a better idea is this:
We use a percentage (the percentage could be derived from how much USTC diverges from $1) of the Lunc that is burned (either deliberately or by burn tax) to buy USTC on a Dex like Terraswap and then burn it.
That way we pump the USTC price and volume on the Dex making LPing and arbitraging very profitable which in turn leads to more on-chain volume and consequently more burns (because of the burn tax).
Maybe we should add an L1 Dex that only allows LUNC/USTC so we don't give Terraswap too much power.
If USTC actually reaches $1 that way, the peg would basically be secured by the Terra Classic ecosystem causing on-chain volume.
Is this actually as good of an idea as I think it is or am I missing something?

>> No.56094912
File: 117 KB, 498x498, 1683601866352944.png [View same] [iqdb] [saucenao] [google]
56094912

LUNC isn't a mere cryptocurrency but a first (and as such only) test to
>digital
>democracy
Let that sink sink in.
>verification not required is a faggot meme

>> No.56095062

>>56093594
Sounds great to me, make it a proposal
In fact every suggestion posted in this thread should be a proposal for the community to take into consideration, even the "dumb" ones

>> No.56095125
File: 1.50 MB, 244x200, 164274993251.gif [View same] [iqdb] [saucenao] [google]
56095125

>>56092485
>CZ said multiple times that he still has his original stack. He's also burning the extra that he earns. Maybe we should all be doing that?

>> No.56095241
File: 3.35 MB, 166x263, 1670706319992284_(1).gif [View same] [iqdb] [saucenao] [google]
56095241

>>56095062
>sell signal

>> No.56095559
File: 130 KB, 1080x1080, 1672035566461869.jpg [View same] [iqdb] [saucenao] [google]
56095559

anybody here making investments into Terra Luna Classic cryptocurrency company? I would like to talk very muchily about investing in this company! What are you guys think??? Looking forward to talking to you guys soon!
- Josè

>> No.56095753

>>56095559
Ayoo fambalamb! Kino TA. Bussin fr fr no cap. Lunc finna be intergalactic and used to do trades with the Ayyyys LMAOs. Thank me later. on gawd.

>> No.56095975

>>56093594
>Why should people burn this way though?
Well by this logic why should CZ? Do you at least agree that he should stop his burns then?
Anyone who thinks the idea of LUNChads burning their own LUNC is dumb has to also think that CZ burning his LUNC is dumb too. There's no difference

>> No.56096023

>>56095975
CZ? Is that you?

>> No.56096141
File: 94 KB, 1277x1278, download.jpg [View same] [iqdb] [saucenao] [google]
56096141

>>56096023
......I pread the fifth

>> No.56096274

>>56094912
and it was crashed intentionally because it was working.

>> No.56096359

>>56096274
and now we have no dk ruled democracy but a one ruled by bad actor grifters that block attempts by and for the community to burn more or even do some testings

>> No.56096569
File: 92 KB, 189x243, F3xVL7XbIAAbFcX.png [View same] [iqdb] [saucenao] [google]
56096569

>>56094912
>democracy
please

>> No.56096732

>>56096359
OHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH BBBBBBBBBBAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGIIIIIIIIIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56096784

>>56096359
So none of the devs are people that want to be extremely rich ?

>> No.56096932

>>56096784
They're in it for the tech

>> No.56097029

>>56095975
In CZ's case it's kind of a publicity stunt, originally he was reluctant to implement it. Also, later we had to implement special burn exceptions in order for them to continue burning. What I originally meant though was that it would just add another proprietary layer to the burn, while the same could be accomplished on-chain for everyone.

>> No.56097413

>>56036145
>9/6/23
Yikes. This is actually more pathetic than the ripple fags.

>> No.56097473

>>56097413
9/5/23 dude. Kek. Baggies

>> No.56097871

>>56096784
they're getting payed well in advance for doing not much

>> No.56098371

>>56092485
>>56095125
>original stack
But nobody talks about how small his original stack is lmao. What was it like 1m? So he's just holding onto $80 of lunc whooptido. Remember they invested in Luna when it was like $100 each so it's not a lot of lunc after crash lmao.

>>56097871
It's PAID you fucking ESL Jeet.

>> No.56098618

>>56097871
ESL are the only idiots dumb enough to buy LUNC. Imagine the smell

>> No.56099079

I can't help but to notice that there's a lot of straightforward legitimate questions being asked in this thread that are getting zero answers

>> No.56099206

>>56099079
It's been like this for months, now I check once a week but rarely even post
Just let it die

>> No.56099297

>>56098371
He got 15 million LUNC from a $3 million investment, so 20 cents per LUNC
He's also burned billions of LUNC, way more than his original 15 million stack
So why won't he burn that original stack as well? You're right, that's a very small stack, especially for him. Even if LUNC miraculously hits $1 price that's still only $15 million for him, big deal. He makes way more money than that
So why keep that stack instead of burning it along with the billions he's already burned "for good publicity"?
And why does he keep openly telling everybody he still has that stack, while burning way more that's made on the side by his exchange?
Think about it

>> No.56099323

proposal #69133742
community pool locked. nobody gets paid anymore. if devs believe in their work, they can buy lunc and hold it

>> No.56099345

>>56099297
because he doesn't care about getting $750 back. he's not a poor jeet like you lot.

>> No.56099399

>>56099345
Read what I posted again. If he doesn't care about getting that little bit of money back like you just said, then why not burn that original stack too with the rest of his burns?
Again, I'm not trying to suggest that CZ either wants or needs that little bit of money back
What I'm saying is that for him to deliberately keep that tiny stack while burning 100x more, there has to be another reason for why he's doing that

>> No.56099678

>>56099399
Checked. You have a point

>> No.56100329

>>56092655
>get 10 exchanges burning like Binance
They're not gonna throw money away like CZ

>> No.56100399

>>56056675
>Supply doesn’t matter
>Doubt.jpg

>> No.56100469

>>56084968
YOU have a lot of halts

>> No.56100578

>>56100469
Based

>> No.56100599

HCC seems pretty based. calling out the grifters?

>> No.56100654

>>56092152
You know what's funny?
If this market-burn-for-USTC thing was available right now then LUNC's sinking price would actually be a godsend. Because the lower the price gets, the more LUNC could be bought & burned with beer money from thousands of LUNC wagies and the faster the supply would be burned down

>> No.56100745

It smells like the floor is in and the tides are turning lunc bros.

>> No.56100766

>>56100745
say again in coherent english?

>> No.56101005

>>56100766
He thinks we hit the bottom. Only up from here lunchads?

>> No.56101020

>>56099297
>>56099399
>What I'm saying is that for him to deliberately keep that tiny stack while burning 100x more, there has to be another reason for why he's doing that
Cause it's not his own money lol. It's what he's making from fees but at the end of the day, he's far removed from it cause it's just side shit he was getting. That 15m stack is literally like a reminder for him not to buy any more than that.

>>56099323
People already said this during the time of TR. People in their discord was arguing with the old grifters there that if they did believe in the project, they'd buy lunc and hold it to make sure they get it to hit $1. They got mad at people for pointing that out lmao. The grifters already knew this coin is dead since the crash over a year ago.

>> No.56101313

>>56101020
Why do it for something worth so little? Thats like you or me bothering to ask out secretary to make 10 dollar donations until someone returns the nickle I lost on the way to work

>> No.56101371
File: 56 KB, 1280x720, 99C40C83-6D9D-4F59-B8D8-158FA02144C4.jpg [View same] [iqdb] [saucenao] [google]
56101371

just swapped all my Link for Lunc

>> No.56101602

>>56101371

I genuinely believe both LUC and LINK are being suppressed
People say LUNC is dead
They point to the chaos with devs
They point to the supply
but in relative terms, LUNC is fundamentally more healthier than many other coins in the top 100 and its had relatively far more functional developments
Theres no reason to be so far down, like 20% from reaching new ATLs while most other coins are still 100%+ from their November 2022 lows
LUNC is artificially propped down
There's no reason

>> No.56102301

>>56098371
>It's PAID you fucking ESL Jeet.
NEIN, but paid, ok, noted

>> No.56102504

>>56101020
>That 15m stack is literally like a reminder for him not to buy any more than that.
Come on man
Don't take this the wrong way but I know you're smarter than this
Why would he need to keep the tokens as a "reminder" when LUNC's crash was one of the biggest crypto news stories ever? Nobody needs to continue holding tokens or to do anything else to remind them of that. Even normies who don't give a shit about crypto still remember Bitconnect after all these years, they don't need to hold Bitconnect tokens for that
There's only one reason why CZ would keep that small stack while burning way more, that makes sense to me
A few anons in this thread seem to get that reason but most others don't get it and some are even ignoring it when it's pointed out to them

>> No.56103373

>>56099297
>>56099345
>>56101020
Way off. It was $1.6B doll hairs of lunc that is now a few M.
>>56100399
Don’t be obtuse. The chain functions the same regardless of supply. No cap.
>>56100745
Based noticer.

>> No.56103465

>>56103373
>Way off. It was $1.6B doll hairs of lunc that is now a few M.
That was the value of CZ's stack at the time of LUNC's highest price, around $100
But at the time when CZ invested in LUNC his stack was worth $15 million because he got in before it mooned to $100

>> No.56103735

>>56101602
Throw BAT in that list too

>> No.56104537

>>56103465
So…how many luncky he got? What’s current value?

>> No.56104545

>>56104537
About three fiddy

>> No.56104583

How can I submit a LUNC proposal to be voted on by the community? I keep hearing about proposals but never did one before, and this thread has a few ideas that I think should be seen by more LUNChads than the few dozen /biz/ shitposters here
Does the proposal have to look all professional and wordy and detailed? Or can it be a short, summarized thing as long as the idea itself is clear and straightforward?
Also I hear that you have to give up some LUNC in order to submit a proposal, how much is it and can I do that if my LUNC is stored on Terra Station?

>> No.56104593
File: 14 KB, 402x273, cz-binance.png [View same] [iqdb] [saucenao] [google]
56104593

>>56104537

>> No.56104609

>>56104593
Based. Couldn’t find that one.

>> No.56104776

>>56104583
Use Terra Station

>> No.56104880

>>56104593
restoring value to their investment sounds like a justified reason to be involved with this blockchain and burning the entire supply. May god bless them, praying they somehow succeed

>> No.56105089

>>56104776
OK that sounds good, will check it out to see how the process is done

>> No.56105108

>>56105089
I think the cost is like 1M LUNC. May have bumped it to 5M. Haven't checked lately.

>> No.56105327

>>56104880
we're going to be getting rich lunacbros! let us do it! :D

>> No.56105385

>>56100745
We'll be lucky if the floor is 0.00004

>> No.56105480

>>56092152
I thought CEXes already had LUNC/USTC markets but I just checked coingecko and apparently not
Anyone know why that is?
I can only think of it being they don't think it would get much volume compared to pairings with stablecoins and top cryptos

>> No.56105482

>>56104593
Are there any other coins besides lunc that he got fucked on but still owns?

>> No.56105841

>>56105482
Everything from Dogbat to Goho. Kek.

>> No.56106168

what website do you guys use to track lunc burns?

>> No.56106465

>>56105841
So what makes Lunc special in this case?

>> No.56106564
File: 34 KB, 320x241, 1665230807646.jpg [View same] [iqdb] [saucenao] [google]
56106564

My stack is now up to 75mil LUNC and 150k USTC.

Just you fucking wait...

Ay yo..

So you be sayin...

Ay...

You be sayin if Binance comes around on the CEX repeg proposal with positive test results, this thing will 10x from speculation alone and then the repeg itself would allow me to build a massive castle on a massive farm in North GA?

>> No.56106566

>>56106465
Nothing. Just baggies.
>>56106564
Never happening

>> No.56106583

>>56106465
Binance has burned the equivalent of millions of USD in LUNC.

I’ve been a LUNC schizo since the depeg and the Binance burns are key to fulfilling the prophecy. The fact CZ is lighting millions in revenue on fire for the sake of this coin speaks volumes.

>> No.56106635

>>56106583
>The fact CZ is lighting millions in revenue on fire for the sake of this coin speaks volumes.
Volumes of bagholder cope.

>> No.56106671

>>56106635
Believe what you want. I’m betting Changpeng Zhang doesn’t want to lose face.

I will give you this though, anyone claiming LUNC will make significant gains in this macro environment is absolutely coping. We are chilling until Bobo season is over. So until 2025 is my guess.

>> No.56106819

>>56106671

Follow Redline Drifter. If his plan doesn't work it's over. If it does, sky's the limit.

>> No.56106857
File: 81 KB, 656x679, IMG_3655.jpg [View same] [iqdb] [saucenao] [google]
56106857

>>56106819
I’m familiar with Redline. I think his plan is a waste of time desu. Every CEX would need to cooperate. If even one CEX doesn’t play ball, his plan falls apart.

I’m a true schizo. I believe some Chinese giga autists already have the code issues solved and are just sitting on it until CZ gives them the green light.

>> No.56106960

>>56106857
>I’m a true schizo. I believe some Chinese giga autists already have the code issues solved and are just sitting on it until CZ gives them the green light.
Well damn, that's as schizo as it gets

>> No.56107128

>>56092152
>Have the exchange open a LUNC/USTC pair
You don't need a whole new market to do what your talking about
Just trade the LUNC off of another coin in an existing LUNC market so the person receives the USTC equivalent value in that coin first. Then that's auto-converted to USTC and given to the burner
So in your example let the market burn option be available in the LUNC-BUSD market which already exists and has liquidity. Keep all your calculations the same except instead of the burner getting the 50 USTC directly, the exchange first trades the burner's unburned LUNC for however many BUSD is valued the same as 50 USTC. Then an immediate second swap is done by the exchange for 50 USTC from the USTC/BUSD market, and that 50 USTC gets deposited to the burner's account
Or you could even give the burner a choice between receiving BUSD or USTC

>> No.56107252

>>56107128
Why would an exchange do anything like this?

>> No.56107391

>>56107252
The same reason why they do everything else: to make more money from trades

>> No.56107556

>ctrl+f
>no wluna
it's over, but i made eighty bucks so whatever.

>> No.56107597

>>56107556
>wluna
It was never relevant you dumb nigger. Only people that cared for it were retards that thought it will magically become Luna2 when it gets unwrapped even though it's Lunc coded.

>> No.56107632

>>56104583
you need to discuss it first on the commonwealth forum otherwise nobody will vote yes

>> No.56107725

>>56107597
>>56107556
WLUNC niggers are the most embarrassing of all.

>> No.56107863

Kek. Baggies started a new thread already. Desperate cucks.

>> No.56108012

>>56107737

I'll help them interlink since they're bread baker is gay

>> No.56109302

>>56108012
Well thank you, dickhead