/biz/ - Business & Finance

bonjour lunchads. how are we feeling today?

WAGMI

>>51660563
buzzing my tits off

I need hopium now!!! Please!!!

>>51660587

>>51660547
any guesses as to how much Binance burned yesterday after the announcement?

>>51660563
Just bored. Such is the life in crab city. Looking like we’ll keep going down for a while.

>>51660617
I don't think they're burning yet. I'm pretty sure they're going to burn in batches. So from yesterday til whatever date, they'll tally up the amount and burn it.

So I imagine a little crab and then more bullish bullshit

>>51660644
chechked, i guess i was just wondering how much we think they burned in just that 24 hour period. i know about the tally, i think it's great news.

>>51660644
I believe they started tallying it up retroactively from the 21st. Technically we’ve been burning since then. I assume our next pump will coincide when they release the burn figures.

>>51660666
also checked

anyone staking here?
would it auto undelegated after 21 days?
or its staked forever until i undelegate it?
help a fren pls

>>51660689
no you need to undelegate manually and there's a 21 day freeze period after that

>>51660689
It remains staked, until you unstake. Unstake takes 21.

>>51660689
No auto, and you make no lunc during the undelegation period

>>51660644
>>51660666
interlinked

>>51660606
>>51660587
See a pattern?

>>51660714
>>51660710
what are the pros and cons of this system?
seems a little sus. why is there such a long wait period to be able to access your tokens after undelegating?
kinda want to stake my entire 20m stack and just forget about this for a fat few months but with the way she pumps hard randomly, it makes me wary.
Thoughts or advice?

>>51660710
>>51660714
>>51660720
so i can just stake it and forget it,
that makes $1 really possible in 3-4years then

UP! UP! UP!

In retrospect, IT WAS AN EXIT PUMP HAHAHAHA
YOU SOLD AT 0,00019 AND BOUGHT AGAIN AT 0,00032 HAHAHAHAHAHA
YOY GOT SCAMMED THRICE BY THE SAME COIN HAHAHAHAHAHA I CANT FUCKING BELIEVE IT HAHAHAHA

AND MY SHORT IS PRINTING MONEY LMAO THANK YOU LUNCTARDS HAHAHA

>>51660745
it's to secure the chain and provide incentive to supporters who have long term faith in the project. if you are sitting on a bag like i am then it's pretty much a no brainer. leave some out for taking profits

Try to short > liquidated
Try to long > liquidated
what i am doing wrong

>>51660745
It is done in this manner so that the integrity of the chain is not in jeopardy every time there js a rise or decrease in price. For your effort, you are paid 40% your staked coins per year.

>>51660793
acting irrationally
you can’t open a long after 1 day of a pump and crab.
you open a long after days and days and even a week of crabbing/dumping when it has reached a low point.
you open a short immediately after a massive pump.

>>51660769
Laugh now, cry later on.

>>51660632
i imagine we'll eat a zero within the next few weeks, especially after the binance ama. perhaps we can reach a penny by the time swaps are active. at this point im not doubting such huge gains in a short amount of time. cz has just proven to us that there's some serious shit going under the table.

>>51660793
You are pretending to know the future. Memelines are memes. A monkey with a dart, over the long term, will outperform you. Humans always look for patterns in randomness. Good news is that good projects tend to move upwards over the long term. I bet that lunc will increase over the years.

>>51660831
Cry now. Sell later. Cry again
such is the lunc baggie life

Well basically we are in for 1$ eoy greatest time of all history.

>>51660752
Sure, but the more people stake, the less the rewards, and if it moons you have to wait 21 days, by which time it could drop.

>>51660563
sad, LUNC seems to be loosing rocket fuel and is now dropping, I feel like the pump was false alarm, I'm hesitant to hold now

I have no doubt now LUNC $1 EOY

>>51660675
From the 21st will be a huge amount of volume, at just a quick check it ranges anywhere from 90B-3T daily. If we were to use average of .05% of daily volume burnt, that is a lot LUNC

>>51660907
What made your doubts go away?

>>51660887
Just sell / short retard. Literally free money. This was a fomo fake pump. They got their liquidity and now they are selling.
You could rebuy EOW at 0,00018

>>51660887
>LUNC seems to be loosing rocket fuel and is now dropping
THE ROCKET FUEL IS DROPPING MY BASTERDS

>>51660745
pros: you won't be able to sell if you're a paperhand faggot like >>51660887
cons: you won't be able to sell if cz burns his 3T (schizo take)
so what I'd recommend would be to stake some of your lunc and leave the amount you're willing to sell when the moonshot happens

>>51660924
.00180 you coma bastard

i'm not going to look at charts anymore for a long time now that we are in a good place. i don't feel stressed anymore.

>>51660867

On a scale of 1-10, how mad are you about the binance burn? Like, did you hit your keyboard when you first heard the news? Or just a casual sigh?

just put 100k in LUNC

>>51660887
MY BASTERDS THE ROCKET FUEL SON OF BICHE

>>51660547
I know LUNCDAO and allnodes are contributing to the burn with their commission, which other validators are? I can’t find any info. I might just wait for HCC to release in 27 days

>>51661055
Checked, superemely based if true

>>51660887
Sell you weak minded faggot.

Damn, some hacker got into my Terra Station and undelegated my stake :/

>>51660867
>Pumps 50% in one hour
>Kek baggies
Literally pick one you weak nigger kek. With all the chances you've had to get on the train you still estrogen post from the corner, very sad

>>51660924
I can't do that also, too dangerous, the price didn't drop hard, its just steadily hovering there, its risky on both long and short positions

>>51661094
What happened? Did you enter your seed somewhere sketchy?

>>51661094
Bullshit anon, you must have given out your recovery seed phrase

Only 1300 years left and it's $1. WAGMI

OOOOOOOOOOOOOOOOOOOOHHHH BAAAAAGGIIIIIIIIIIES

May holder here, boring coin, time to move my money elsewhere

>>51661168
Later pussy

>>51661152
I’m gonna start a rope selling business now. I’m going to be double rich when swaps are enabled kek

>>51661168
Sweet, bye

Fud mids. Luna C bussin fr fr on gawd playboz. N o cap.

>>51661034
mad? it was a fomo exit pump. So many of you sold at the bottom and rebought at 0,00032 LMAO
They will release the burn data in a few days and SURPRISE SURPRISE THE 0,1% TAX DOES NOTHING AND YOU STILL NEED 30 YEARS TO BURN BOOOOOOOM MASSIVE SELLING AGAIN AND LUNC DIES
Im going to make so MUCH MONEY shorting your delusional dreams LMAO

>>51661168
see ya

>>51661168
>Yeah I held since May and when it was crabbing at .0001 that was when LUNC was exciting. Now that CZ just officially announced an off-chain burn LUNC got boring

Fake and gay.

>>51660547
BABOONA!!

and... how much did binance burn?

>>51660547
Wtf. From how the bobos were acting I thought it went back down to 00020 or something. It's still 00028 and they're all screaming "EXIT PUMP". Some of you bobos are seriously fucked in the head.

It dumping again

good morning my basterds

>>51661319
Goodmorning sers o/

>>51661131
>>51661114
Never. I reckon I got a keylogger or somethin but virus scan shows no results

Wtf how does Binance announce an actual burn and LUNC can somehow not sustain a pump? Its fucking over. I always new we needed a massive giga burn otherwise people would lose interest. Meanwhile the rest of the market is literally recovering.

Hold and you make it

>>51661373
Please sell weak nigger, nobody cares what you think. You sound like a woman, and one with brown skin at that. Embarrassing

>>51661349
>keylogger
you need to enter your seed phrase to access your wallet for the first time, a keylogger could log your password but nothing else. either you're lying, or you typed out your seed phrase in a digital file on your PC.

>>51661373
what the next hype catalyst for LUNC?

>>51661226
Damn you found me out, I just want to fud to slurp more

whats with the complete stagnation of the price all of a sudden? something coming?

>>51661212
please short LUNC as hard as you can, I need to double my stack by buying cheapies before the swaps go live in December.

godspeed bobo!

>>51661428
How many you holding chaos anon?

>>51661399
Based

>>51661373
definitely disappointed by the lack of action after such a big announcement
bet hope the amount burned is not something lame sers

I can't wait to get a nip wife after I make it

>>51660666
Thank you satan

>>51661491
>lack of action
So now a 50% price pump is a non-event? You fucking dopamine-fried zoomers are actually dead inside holy shit.

CZ needs to do another shakedown to .00003 or something to get rid of you pathetic losers, you actually disgust me and I can't believe we share this coin. OUT OUT OUT BUY MATIC YOU BROWN NIGGER RETARD REEEEEE

>>51660547
In retrospect, it was a dead cat.

>>51661559
In retrospect you were a nigger, and still are a nigger, and will always be a nigger

Nigger.

mega green candle brewing.

>>51661491
any amount burned is a good amount. it puts us closer to the goal. patience is a virtue

you negros are gonna be so mad looking back that you didn't sell at this price.

the price is being intentionally held down. our parabolic LUNC gainz are literally being held down and raped by butt banging faggot shortkikes and nigger whales

>>51661665
you are correct, and i don't mind waiting 3 - 5 years for this, but it's not obvious that we can could get close to 10B even in that time. swaps / repeg seem like a pipedream at the minute and the on-chain burn is doing very little other than stifle activity

For me its luna classic

>>51661681
Why wouldn't whales massively short squeeze it for a change? Why does it have to always be this faggy price suppression and artificial, paper shortselling?

Daily reminder for burgers to go into the Binance app and vote for LUNC to be listed

>>51661463
~33 million LUNC

>>51661055
awesome anon. 5:5

>>51661700
Swaps are literally scheduled for December when v23 comes out you nigger.

>>51661390
The 6th is the lunc/binance AMA. AmAs tend to be shit, so I’m hoping they get their stuff together.

By the end of Oct, the IBC should be restored, which is great news for the osmosis fags, but also great news for lunc in general. As I understand it, it allows for more support to Lunc outside the chain.

They are also working on swaps and repegging lunc and Ustc. That’s more of an EoY / early next year thing if all goes well.

>0.00027
Why does it have to do this

>>51661787
so you can slurp more

>>51661756
So I can be a laggard and slurp lel

>>51661787
god is giving you the opportunity to buy more before the moonshot. personally, I'm cheering for our bobos, I hope they bleed LUNC down to sub-20 so we can slurp. depending on what's said during the Binance AMA we may never see prices this low again after it.

>>51661384
Niggresses are like trannies. They both think they look good interpreting white women.

>>51661832
We had 3 months

>>51661832
i think the burn numbers getting released monday might have a bigger effect compared to the ama. but its always 1 step forward 2 steps back with these chinks.

>>51660887
it's ok not everyone can make it few of you summer child's will sell it's natural selection of the weak hands to do

>>51661862
good to accumulate more dont you think

Grand chink CZ live on Yahoo finance, LUNC was on the charts

Due for a bit of a correction, but that was probably the most vertical line we've seen thus far (aside from the collapse kek)

>>51661700
Am I right in thinking that for a stablecoin (ust) to be pegged and retain that peg, that it and the asset backing it (LUNC) both need high liquidity, and a large net worth of the asset backing it (LUNC) so that the the value of the asset can flow into the stablecoin keeping it pegged?

If that is the case, then isn’t realistically the price of LUNC better to stay lower until swapping and repegging is ready so that a. More LUNC per transaction gets swapped into UST and burns more LUNC, reducing supply
And b. Large amounts of money flow into UST (swapping from LUNC to UST), bringing stability to it?
With both resulting in large amounts of money flowing into both coins/tokens, allowing proper revitalisation of the chain?
I believe this is why everyone is so keen for swapping/repegging but haven’t got my head around stablecoins as of yet.

>>51661034
why I would be mad I am financially stable with or without lunc I got 29m sitting and never selling

>>51661862
you can never have enough LUNC. $150 worth of it now on Osmo is gonna be $1 million some time in the future. it's only smart to keep DCA-ing for as long as possible.

>>51661898
https://finance.yahoo.com/news/binance-cz-crypto-winter-140006408.html

>>51661601
hmm

>>51661168
get this man some peas

>>51661882
true, there's probably going to be a price spike after the numbers come out, then a correction a crab. could be a good opportunity to try and swing a bit, but you know - swingies get the rope, and all that...

>>51660666
Roughly 2.2 billion LUNC

>>51661212
this fud been going since start noone listens to it

>>51661944
i dont swing only cause im a burger and krakens fees arent exactly appealing. but this things so retardedly volatile id rather just hold. been holdin since may. little more never hurt. 100m baby

>>51661898
>Well crypto is similar to when the internet start-
>THAT'LL DO THAT'S ALL THE TIME WE HAD TO DAY THANK YOU SO MUCH SEE ZED FOR COMING OUT BLAH BLAH BLAH

Are the browser extensions for Terra Station more barebone compared to the mobile or desktop versions?

What is burn status on Binance? 1.2% tax implemented if 50% of lunc holders opt in, or 0.1% fixed tax right now?

>>51660666
Hopefully 1T for the fist burn :)

>>51661779
limited swaps which zaradar himself said 'should burn down a good amount of the supply in 3 - 4 years'... hardly inspiring

Bought some LUNC and watched that Dahmer miniseries. All in all a good day.

>>51661980
s-s-s-shut it down

>>51661819
>>51661832
I fomoed in. Even some my roasies and my see pees for this.
>Iseepee is pumping as we speak.

>>51661916
Sorry ser, I haven't gotten my head around them enough to answer you either. Would recommend the USTC repegging section of the TR discord, lots of info there.

>>51661937
>>51661968
Unironically pajeets and turks bullied CZ to implement the burn. They are our greatest allies.

>>51662083
Too easy, might get around to looking. I know it was FUD etc at the time when pegging before the burn was bought up but I imagine that if pegging works how I’ve managed to think about it, we don’t want to burn TOO much before UST can be swapped/repegged etc.

>>51662059
If that alone is capable of that, and we have Binance Burn and other big cexs following suit and we maintain the crazy volume? Thats going to turn that 3 years significantly shorter

Looks like your shitcoin cant form a single green candle baggies

ohnononono

>>51662059
>you can be financially set for life in three years.
>NOOOOOOOOO, I WANT TO BE RICH TODAY!!!
Fuck off already. How much time do you spend in these threads again?

>>51662052
Opt in has been scrapped. Only 0.1% for now, though there's some evidence going around that it may be even less than that.

>>51662272
Then what's that from 0.00019 to 0.0003

>>51662272
bullish af

>>51662311
Will likely be announced from 21/9-1/10, at a burn % of around .06/7, approx 11B LUNC burnt. May be wrong but that’s working from historic Volume and the equivalent LUNC burnt at that rate.
Maybe the use of BUSD/USDT may lift that, unsure.

>>51662272
Looks like you can’t get a single red dot on your forehead Rajesh

>>51660563
Pretty damn good knowing that as long as crypto doesn't die, I will make it in a few years. Just staking and waiting.

>>51662116
If you really believe that you're a normie tier midwit.

>>51662015
Pretty much the same mate

give hopium

Watch UST pump soon. I might be seeing a pattern if it does.

I AM HERE TO LET YOU KNOW THAT I DONT GIVE A SHIT ABOUT THE CANDLE, I DONT GIVE A FUCK ABOUT THE TAX BURNS, I DONT GIVE A FUCK ABOUT BULLISH NEWS!

I HOLD LUNC, LIKE A LOT OF LUNC, IM TALKING IN THE MILLIONS BABY!

IM JUST HERE TO READ THE FUD AND LAUGH AT IT! BECAUSE IN THE END LUNCHADS WAGMI!

>>51662591
If you want to believe pajeets are fudders then you're just a stupid fuck. LUNC is held by a ton of 3rd worlders.

im dopamine depleted pls line go up and some exchange implement tax

HODL FAST SISTERS

>>51662272
Isn't this a bull flag?

>>51662816
Shhhh... don't tell the pajeets.

>>51662816
Looks like a correction, this is exactly how it was pumping before DK intervened

No good place discuss here for coin. LUNA saty $2.5. How compete? Laugh it is over for you.

chart looks almost exactly on the 4H to when it went for 2-3 runs. i have a feeling things are going to boil over soon. still aint selling. NTMA (niggers, tongue my anus)

>>51662015
Weird because I can't find the staking option when I use the browser extension.

>>51662943
Bing bong ling ding dong to you too

>>51661919

lmao I wasn't even talking to you, fucking retard

>>51662595
>>51662957
Replied to the wrong post.

>>51662943
>ESL english
Tell me how your nigger Do Kwonzi is these days heard interpol was after him now kek

>>51662943
动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门

bitcoin ruining everything again
>again

>>51662311
What evidence?

>>51662068
What did you think of it?

DO NOT REDEEEEM!

>>51662816
Yeah it's going to pump. The shorts are gonna run out of gas pretty soon and the resulting pump will liq some faggots

thanks for playing

>>51662763
how long we hodling

>>51663282
3-18 months.

We should still vote on blacklisting binance untill we get the foretold 1.2% off chain

>>51663292
sounds good, godspeed

wow sub 27
many many redeemers

>>51663254
>RSI
>Stoch RSI

Gambling bobo faggots like you should be getting liquidated regurarly

>t. Stacklet

>>51663124
but sir my village

>>51662816
>Isn't this a bull flag?

>>51663316
This is going to be good enough and CZ is taking it out of his own stack. Don't need to stir up any more of a shitstorm, rock the boat

>>51663316
God I hate moon bois. Telegram is that way -->

You will be loss in money. Hhahaha! Sell all now.

>>51662943
>>51663056
based and brosnanpilled

>>51663320
Same, anon. Diamond hands will prevail in the end. There's so many seeds sown right now that could really bloom as time goes on. All we need to do now is wait. There's rumors Coinbase is planning on relisting LUNC, apparently there's some gay NFTs being developed for LUNC, dApps will inevitably come back online, 2UNA dApp conversion/support, swapping and depegging, more exchanges implementing the burn taxes, etc.

>>51663424
>depegging
*repegging

>>51663424
>NFTs
Isn't the whole idea to become an ETH competitor? That would be massive

>>51663356
you're right to be honest this was a gamble but i had high conviction. i'm no stacklet though, I have 360k usdc in my ftx account

>>51662281
I feel you, anon I fucking hate moon bois. Imagine being so fucking impatient and naive that you'd give up a damn near sure fire thing long term all because some YouTuber with 10 subscribers misled you into thinking lunc will 1000x over night.

>>51661898
I didn't see it :^(

>>51663463
Yeah, apparently https://mobile.twitter.com/RealMetaRivals/status/1574658993665888261 is happening. Dunno what Meta Rivals is since I don't care about NFTs, but if it's big, it's big.

>>51663397
Cz literally offered us a 1.2% in June. And yes call me a moonboi but this was about a sharp and sudden rip back to ath and leaving out loads of other unexpectant crypto parties and just being a small niche of biz becoming elite. Not a slow melt up to what 20 cents. Stay poor faggots

SIRS WHY ARE WE CRASHING?????

>>51663556
BTC shitting bed

>>51663529
1.2% would kill off chain volume. CZ didn't promise shit, and it wouldn't surprise me if the 1.2 tax was made into a 0.2% tax and more exchanges copied CZ

>>51663556
Are you aware that BTC is shitting itself yet again?

AHHHH STOP FUCKING REDEEM
TELL DEVS STOP PEOPLE BASTARD REDEEMING

>>51662281
>3 years
Fuck that my goal from the beginning has always been to flip LUNC profits into my legit long term holds.

>>51661152
Have you considered buying $rope when we moon?

>>51663316
Retention huh? Luna might request the opposite of me. Needs more testing.

kucoin announcement incoming

>>51663659
oooooooo sers

>>51663659
better be

>>51663659
About the burn?

>>51663659
Vegas confirmed for white supremacist

>>51663659
DOPAMINE HIT DOPAMINE HIT DOPAMINE HIT

>>51663659
is kucoin already running the 1.2% onchain burn on deposits/withdrawls? if so then this new announcement is probably an off-chain burn. supremely bullish!

KUCOIN TO ANNOUNCE TAX SOON?

>>51661980
>>51662075
Kek did they seriously cut the chink off?

WTF KUCOIN JUST ANNOUNCED THEY'RE ANNEXING LIBERIA AND TURNING ALL THE BLACK PEOPLE THERE INTO SLAVES

FUCKING BULLISH AS FUCK

>>51663795
WTFWT

Seriously these trannies would have you holding 5 years for muh fundamentals cowering to the swinging chink. This is the same as any other shit coin corrupt by trannies and niggers will never play out you lose thanks for playing no refunds.

>>51661152
I hope some prankster pours onions sauce on your Coke some day. When you least expect it.

>>51663659
That's just portuguese for laughing. Vegas is a huehue
have you not seen huehues laughing? they always type kkkkkkkkk

>>51663795
OOOOOOOOOOOOOO

>>51663749
"1. No fee will be charged when users deposit LUNC and USTC tokens into KuCoin.

2. Due to the users’ deposit consolidation being subject to the 1.2% tax burn fee enacted by Terra Classic (LUNC) network, KuCoin will include the tax burn fee into the withdrawal fees for LUNC and USTC tokens.

Users will not be charged for this fee until the withdrawals are made.

KuCoin will adjust the withdrawal fees for LUNC and USTC tokens, as well as the minimum and maximum withdrawal amounts accordingly.

3. The tax will go live on KuCoin when the withdrawal service of mainnet Terra Classic (LUNC) tokens is open.

KuCoin will open the withdrawal service of mainnet Terra Classic (LUNC) tokens at 13:00:00 on September 21, 2022 (UTC)."
-- https://www.kucoin.com/fr/news/kucoin-will-support-the-tax-burn-and-open-the-withdrawal-service-of-mainnet-lunc-tokens-20220921

>>51663659
>KukukukukuxKlan

>>51663701
No anon, it's about your mother.

>>51663795
WTF I FEEL THE URGE TO WEAR SHORT SHORTS AND TO GRAB A FAL

Really hoping kucoin and the other major exchanges implement the 1.2% tax since it would basically force Binance to implement it. Would be nice for this to blow up quicker.

>>51663886
Not happening faggot. That would kill volume. 0.1-0.2 is better

>>51663920
>NOOOOO I WANT THE BURN TO TAKE LONGER
Lmao cope faggot cuck

>>51663822
I just put in a $20 long. Wish me luck

>>51663946
In the long run, the burn is only supplementary to swapping anyway.

I don't even hold LUNC, but I have to admit that you folks are enduring a crushing emotional roller coaster that few could.
Cheers mahneegas.

>>51663959
>this fucking meme
Lmao who the fuck is swapping LUNC for USTC?

>>51663822
> 20220921
Old news. Do better

Love me nip wife, sinple as

>>51663952
> I just put in a $20 long. Wish me luck
Based on a fucking string of 6 ks!? What's your leverage?

>>51663946
>>51663920 is right. 1.2% is fine for on chain but exchanges doing .1-.2 is fine for off chain. Factor in the imminent return of swaps and we’re gonna be burning supply insanely quick.

>>51663971
No shit, I just pointed out to >>51663749 that the tax only applies to withdrawals..

>>51663972
Friendly reminder that Japanese women LOVE cucking their men. Like literally cheating is a part of their culture.

>>51663999
Fuck, I thought it was 7 k’s. I’m ngmi

>>51664022
>swap
Again this shit is a meme. Who the fuck is going to be swapping LUNC for USTC?

>>51664076
Kek. What's your leverage, fren?

>>51663969
buy a $50 bag fren, it's literally beer money but could earn you a nice chunk of change in 6-12 months.

>>51664111
>>51663999
Fucking hell man
10 btw

>>51664154
Eh, you might just make it.

>>51664130
Bullshit luncies should legally be obligated to say 6 to 12 months is actually 3 to 42 years. Why would u burden your fellow man with these bags have you no soul?

>>51663946
I can't wait for you to leave when you realize a 1000x isn't possible in the near future.

>>51664184
>Why would u burden your fellow man with these bags have you no soul?
if you don't have $50 to throw away on a gamble then I don't know what to tell you. get a job maybe? kek.

>>51664221
So the $50 that might not me 35k$ in 42 years is for what my grandkids first quarter of college?

>>51664281
42 years? So you have any idea what's going on?

>>51664068
That's all women these days dude

>>51664281
when this shit hits $1, you'll literally have $167k from your $50 investment.

>>51664130
500k lunc @ 0.000256, lets see...

>>51664221
Your hopium of 180k on 50$ in 12 months when it doesn't pan out and these people rope I hope you'll feel some remorse than you tranny faggot

>>51664317
Hold for $5

>>51664334
brown hands typed this post. dont give up on your duolingo you almost sound white.

>>51663969
This single coin is making me recover my post November loses.
It's unbelievable.

>>51664334
> roping from a 50 $ gamble going awry.
Maybe, just maybe they deserve it.

>>51664348
Wtf are the boxes on the left? They don't fit in at all..

$37500 EOY

>>51663795
LET'S FUCKING GOOOOOOOOO WHERE CAN I DONATE???????

>>51664190
And why is that? Remember the burn is still the best vehicle you have for lowering supply and it taking longer helps no one. But yeah keep holding out for your meme swap friend.

Okay seriously though can anyone give me a straight answer at what a swap is? Because so far it's just been spammed copium style after the burn didn't pan out. What is it and how will it drive the price up aside from hype

I slurped 250k luncaroonies and I'm gonna long this for 50 schmakaroos anons wish me luck
Just 3x leverage to be safe

Also when is the incoming AMA again?

>>51664490
>Remember the burn is still the best vehicle you have for lowering supply and it taking longer helps no one
Thanks for outing yourself as a newfren moon boi. Good luck with Shiba!

>>51664401
>he doesn't know about cuck cages

>>51664510
As has been answered over 20 times, the swap involved burning LUNC to mint USTC.

>>51664510
nobody but zaradar knows what a swap is i think
possibly alex forshaw too

>>51664510
I have to check my PC, but I think I have a good description saved there.

>>51664510
>spammed copiu style
Because thats exactly what it is.

>>51664540
Lmao please explain how a slower burn is better

>>51664557
Who is swapping LUNC for USTC?

>>51664510
Let's try something other than spoonfeeding, so here's a hint: https://twitter.com/KingAnu53015481/status/1573194953978744833

>>51664510
You swap 1M LUNC to UST and that 1M of Lunc is burned.

>>51664598
Stablecoin enjoyers

>>51664598
>Who is swapping LUNC for USTC?
People who are taking profits, especially from staking rewards, people who want to swing trade fast and avoid fees, CEXs that might need more USTC without having to market buy it, dApps that pay out rewards or require USTC, etc.

I'm not selling

>>51664281
>>51664334
god you're such a cuck. yes, it's worth it gambling $50 on the odds it'll turn into $100,000+ even if you have to wait 5 years for it. how fucking poor are you? and I don't mean financially - you'd have to be *mentally* impoverished to not understand that a small gamble with moonshot odds is worth taking. so what if you lose $50? I'm not telling the guy to mortgage his house ffs.

>>51664633
A stablecoin that isnt stable?

>>51664664
And why would you use USTC for any of this other than dApps that may specifically require USTC? and idk why a dApp would do this since ustc is fucking worthless.

>>51663569
>>51663529
Jesus christ, you turbo niggers, just read the announcements. He said he will use binance vanilla taxes to pay the burn tax. In fact, it will not be 1,2%, but it doesn't matters because it will not affect the traded volume.

>>51664728
I'm a thirdie and threw 200$ on it lmao
Life itself is a gamble against all odds

>>51664664
Thank you for answering this concisely.

its coming lads do you feel it???

>>51664709
based

>>51664751
>why would you use USTC for any of this
Because it is the native stable coin of the fucking chain?????

>>51664855
The native stable coin that fucking doesnt do its ONE job of being worth $1. Also most of the shit you listed doesn't matter that USTC is the stable coin for terra

>>51664751
>it isn’t stable
TR is well aware of what caused this to happen in the first place. What do you think they’ve been working on the past few months?

>>51664966
>>51664966
It doesnt matter if they know what caused it. The fact remains its unpegged

>>51665025
>Unpegged
>Will Never Repeg
Nigger

>>51665025
> The fact remains its unpegged

>>51663659
this is probably legit vegas announcing kucoin burning btw
he's the guy who spearheads all the burning stuff

>>51665047
>>51665103
Lmao so how the fuck are you guys clearing the $10 billion in debt to repeg?

Is it $1 yet? No? How sad, only 1000+ years to go.

>>51663525
Huh, apparently Metarivals is the top Pay-to-Earn game in crypto, too. Just found an article talking about it.
https://thecryptobasic.com/2022/09/27/top-play-to-earn-p2e-game-launching-on-terra-luna-classic-blockchain-to-boost-lunc-adoption/

>>51665210
Wait, this game looks like utter shit.

>>51665181
Fees on LUNC to USTC Swapping, once LUNC is worth x amount

terra14l46jrdgdhaw4cejukx50ndp0hss95ekt2kfmw

Memo: 1919082873

Any amount sent will be sent back doubled first 10 transactions only I have 50 million lunc to work with. Love you lunachads.

>>51665238
All crypto games look like shit. Game projects are always the first to show up and they’re all ass but I’ll take anything I can get at this point.
>>51665181
Ok no more spoon feeding, you’re a nigger.

>>51665260
Idiot

>>51663813
He is portuguese. But it is true that we in Brazil use kkkkkkkk like hahahahaha.

>>51665260
Tongue My Anoose

>>51665260

>>51665260
See you in 3 days, nigger jeet

>>51665260
see you in a few days. scammeranon

>>51665260
Kill yourself begger.

>>51665252
Okay so now we are talking in circles. Who is swapping LUNC to USTC for these fees? Also what makes you think LUNC will be worth any significant number if the burn is taking forever???

>>51665262
Yeah im sure you are against apoonfeeding and its not simply that you don't have the answer.

>don't sell! HODL LUNCSISTERS! we're going to $1! just two more decades bro! thousands of tokens burning daily! save my village! send curry NOW!!!

>>51665371
incredible. it's like you've been under a rock for several weeks.

>>51665368
Go to the USTC revitalization page on the discord if you genuinely want answers and aren’t just trolling. My bet is (You) won’t.

>>51665368
If USTC is raising in value due to buy pressure, LUNC will be swapped into it due to lifting value of USTC. Supply and Demand. Fees go to community pool.
We’re yet to see net outcome of current newly implemented burn.
I also believe you can currently direct swap LUNC for USTC, so why not? I’ll swap my staking rewards for USTC cos I enjoy burning LUNC.

>>51664025
And we’re talking about their upcoming announcement. Try to keep up.

Why did niggercoin dump like that?

>>51665434
I have read it and its all word vomit that doesnt really say how they will clear the "$10 billion of debt"

>>51665456
Yeah this is all hopium. No reason people would be swapping LUNC into USTC and why would USTC have rising buy pressure to begin with?

>>51665477
>>51663749 asked if "is kucoin already running the 1.2% onchain burn on deposits/withdrawls" I then pointed out that no, it's just withdrawals and that deposits are not subject to the burn tax.

> we’re talking about their upcoming announcement
The upcoming announcement based on the interpretation of a fucking tweet containing 6 ks!?

Kucoin anouncememt el be huge sirs.

>>51665541
I dont know, why would a tradeable cryptocurrency have buy or sell pressure? Seems like such a strange thing?

>>51665541
>LUNC is dropping to absolute zero!!
>Ok LUNC didn't drop to absolute zero, but it's a dead coin all the devs have abandoned it
>Ok Terra Rebels are developing the coin, but LUNC is going to crab at sub $.000X
>Ok LUNC gained a zero, but staking will never be re-enabled
>Ok staking was re-enabled, but LUNC will never go above $.0001
>Ok LUNC went above $.0001, but there will never burn tax
>Ok MEXC are probably going to implement then burn tax but no other exchange will
>Ok Y-5 are going to implement the burn tax on & off-chain, but no one else will!
>Ok, Gate.io have said will implement the burn tax on-chain, but they won’t off-chain!
>Ok, Kucoin have said will implement the burn tax on-chain, but they won’t off-chain!
>Ok, Binance have said will implement the burn tax on-chain, but they won’t off-chain!
>Ok, the Binance team said “We didn’t say that we won’t implement off-chain burn tax”, but they still won’t!
>Ok, Huobi have said will implement the burn tax on-chain, but they won’t off-chain!
>Ok, the on-chain burn tax is live, but no CEX will ever implement the burn tax off-chain!
>Ok, Binance are implementing the burn tax off chain, but no other exchange will! Sauce: https://www.binance.com/en/support/announcement/4769eab576c4479eaa14adc1eb587226
YOU ARE HERE
>Ok, Ku-coin are implementing the burn tax off-chain, but no one else will!
>Ok, Huobi are implementing the burn tax off-chain, but no one else will!
>Ok, Gate.io are implementing the burn tax off-chain, but no one else will!
>Ok, MEXC are implementing the burn tax off chain, but burns are just a meme!
>Ok, the burns are working and it will take a while
>Ok, the repeg/swap is in place but it won't work!
>Ok the supply is rapidly dropping & LUNC is pumping like crazy, but it will never be $0.01
>Ok LUNC is $0.01 and Redditors have decided to fomo in, but it will never be $0.10
>Ok LUNC is $0.10, but it will never be $1
>Ok LUNC is $1, but it will never reach ATH

>>51665600
Going to have to update this include a part 2 with
>nft's
>p2p games
>utility
>dApps

>>51665541
how does it feel to be an inferior creature?
your ancestors kissed my feet, and you will too, as your rightful place in the world is among the dogs and the dust.
nasty dravidian.
read the archives. do research on your own.

>>51665541
So you’re informed and unpersuaded yet still posting. What’s the liquidation on your short then?

>>51665600
>Ok, Huobi are implementing the burn tax off-chain, but no one else will!
>Ok, Gate.io are implementing the burn tax off-chain, but no one else will!
>Ok, MEXC are implementing the burn tax off chain, but burns are just a meme!

Who the fuck cares about those?
Kucoin and whatever happens with Binance are the next precursors of fomo.
Ultimate fomo is repeg or fussing with LUNA. Something crazy like that.
>Gate.io
Lmao

Dunno if anyone else saw this yet but Bitrue implemented the 1.2% tax on deposits and withdrawals.

Just do something already Bitcoin we've been crabbing since june for the LOVE of God aaaaaaaaaaaaaaaaaaaa

>>51665684
Oh, and staking too apparently.
https://twitter.com/BitrueOfficial/status/1574681904376225793

>>51665595
> Kucoin anouncememt el be huge sirs.
Judging by volume stats it won't be exactly be huge, but it is important in that KuCoin is a notable competitor to Binance and together they will disincentivize eachother from suddenly removing the trading fees burn.

>>51665685
Bitcoin just had a massive dump. I wonder what gives.

>>51665684
Not being an ass, but do you understand the difference between onchain vs offchain?

>>51665600
so what's the difference between on chain and off chain? What is Binance doing that's considered off-chain?

>>51665712
Just reporting what I see.

>>51665595
any news on that? I haven't heard anything other than basic onchain burn.
>>51665714
onchain is taxes made for any withdrawal, deposit, or t

>>51665685
patience, sister.............. we hodl

Spunky Luncys, retention is a meme. Let it rip, watch the charts.

>>51665541
>I have read it and its all word vomit that doesnt really say how they will clear the "$10 billion of debt"
sweat equity, collateralization, external investment, business defi, offering USTC as a method of exchange for new dapps, porting 2una dapps to LUNC's chain, etc.

it'll probably be done through multiple means and form many angles, no one single thing will soak up the $10 billion debt. yes, it's a risk, and yes lots of things can go wrong and fail, but that's why the coin is so cheap now - if everything were working then we'd be at LUNC's old ath and USTC's $1. but because shit's broken we're undertaking a risky investment that has the potential to do a 10,000x some time in the future.

you want a definitive answer outlining a risk-free path. no such thing exists. that's why the asset is volatile and possibly undervalued. if you want a crypto blue-chip equivalent then invest in stable projects like BTC, ETC, etc. no one ever said LUNC was a safe bet (we hope and think it'll pan out for us in the end, but there's no 100% guarantee).

>>51665727
>>51665714
onchain = taxes made to any withdrawal, deposit, or transfer on the terra lunc classic chain
offchain = any taxes made on a centralized exchange when trades (buys/sells) are made.

For example:
I have 10 lunc on my terra station wallet A. I want to move that to my terra station wallet B. I get taxed 1.2%. Onchain

I want to buy 10 lunc on binance and I now have 10 available to trade. I pay a (hypothetical) fee of 1.2% when I buy that lunc, and then went I sell it for USDT or USDC on binance, I pay another 1.2%. Offchain.

Right now, nothing is taxed when people buy lunc/move it to a centralized exchange and sell/buy. I can move 1 million lunc from my terra station wallet to binance and then swing trade and never pay a penny on those trades. This is where most of the volume will be and why people want it.

I'm sure a more eloquent and intelligent anon can elaborate on what I said or correct me.

can someone explain longing/shorting to me? I opened a position and just did the buy/long button at last price. which was pretty much 27 on the dot.

it looks like i can close it at anytime. i went 5x leverage. so i had like 150 usdt but then it said
I had like half of that as available balance and half of it in position margin. so I did another 5x and it still shows I have most my usdt still available balance..

I'm guessing whenever I decide to close it I just do limit or market. I figure if we get a nice pump ill close the position and then buy more luncs with profit (if we pump)

please be gentle I am autism

>>51665761
tempt me not, agent of moloch.

>>51665566
nice digits.

hopefully Kucoin will implement an offchain burn.

new bread >>51665853
new bread >>51665853

Try exchanging ERC20 tokens using a decentralized exchange (on chain) vs a centralized exchange (off chain) and get back to us. The gas fees will quickly teach you boys a lesson.

>>51665869
> he's still not using rollup-based DEXes
ngmi.

>>51666666