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49539714 No.49539714 [Reply] [Original]

LUNC TO THE LITERAL MOON

>> No.49539789

>>49539714
who will implement the change?

>> No.49539791

>>49539714
burning transaction fees on a ghostchain won't do shit

>> No.49539854

>>49539714
Doesnt that Gook still own a huge supply and vote down every proposal that could fix it?

>> No.49539893

>>49539714
>35% burn
Literally a nothingburger when you still get left with trillions circulating

>> No.49540024

>>49539893
Pretty sure it was more than 35%, was getting burned down to 10 billion

>> No.49540086

>>49539714
It wasn't a 35% burn wtf
The proposal said 1.x% or something until 10 billion was reached.

>> No.49540182

>>49540086
It was 1.2% and that proposal already passed. I think the OP headline is for something else.

>> No.49540234

>>49540182
These proposals don't matter though if it's not actually turned and implemented

>> No.49540251

>>49540182
>>49540234
Continued .
It won't matter anyway because Do Kwon won't add these in and won't add burns

>> No.49540284

Do Kwon said he won't implement burn unless KR government stops investigating.

>> No.49540349

>>49540284
need proof that do kwon said that he said that he said

>> No.49540382

>>49540234
>>49540251
The 1.2% tax was approved by the validators so I don’t think DK can overrule it. We will have to wait and see.

>> No.49540428

>>49540382
DK definitely can and probably will, he controls and ultimately allows everything that happens and the burn would pump the price.
Do Kwon doesn't want the price pumped right now for a reason.

>> No.49540614

>>49540428
We’ll see. I think he has bigger things to concern himself with than openly defying his validators.

>> No.49541858

>>49539893
>transaction burn at 1.2%
>transaction fee burn at 50%
>transaction fees are between 0.1-1% of transaction
>1.25-1.7% burn per transaction
>24hr volume was 1.6tn
>20-27.2bn burnt coins a day at the current rate
>at minimum (providing current volume) 2tn tokens are burnt in 100 days
>at maximum (providing current volume) 2.7tn tokens are burnt in 100 days
>~1 year to burn down to 10bn
>current market cap of $500m
>with 10bn coins in circulation (and with the market cap not rising or falling) the price should be $0.05
It isn't too bad, $50 in now for 1m coins should bring back 50k, and that's without the fomo priced in which should rocket it back to $1-5

>>49540428
>>49540349
>>49540251
>>49540234
>>49540086
>this level of fud

>> No.49541913

>>49541858
you're right I just don't see Do Kwon doing a burn at all

>> No.49541958

>>49541913
It's bigger than him now, and legally he is quite fucked. Any further manipulation is only going to add to the heavy case file against him.

>> No.49542098

>>49541913
He's legally bound to add it. If he doesn't its jailtime in little korea

>> No.49542134

>>49541958
>legally he is quite fucked
Oh man, people still unironically believe this

>> No.49542165

priced in.

>> No.49542213
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49542213

>>49542165

>> No.49542223

>>49542134
Why do you think he’s walking? He’s got the SK feds on him plus multiple civil suits incoming. It hasn’t even been a month.

>> No.49542254

>>49539714
Here’s the big kickers guys…. How was it 100+ with trillion circulating in the first place????

>> No.49542295

>>49542223
Hes either going to get a slap on the wrist, or walk free after the "investigation" ends up as bread and circus to appease the angry peasants.

Either way, don't hold your breathe on anything happening to him.

Unregulated market on a speculative asset.
He wouldn't have done this in first place if he knew he could t get away with it. You people are starting to sound like the "Lock her up" boomers who thought Hillary Clinton would get arrested

>> No.49542390

>>49539714

Di you think this is the first coin with a burn mechanism? Do you retards think burn just automatically makes the price go up?

>> No.49542418

>>49542254
>(You)

>> No.49542435

>>49542390
No other burn coin has as much volume as Luna classic

>> No.49542445
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49542445

niggers tongue my anus and my bags

>> No.49542457

>>49542295
SK sent its own president to jail for corruption so I don’t know why you think this kid is untouchable.

>> No.49542502

>>49542435

Yeah because burn mechanism s destroy volume you retard. Swing traders are going to stop when just buying in puts you deep in the red

>> No.49542528

>>49542435
And that volume will skyrocket once a burn is announced and people fomo in.
But at the rate we're going they're not going to implement a burn until people lose and interest and that volume dries up.

>> No.49542575

>>49542528

Lol you idiots keep praying for a fomo, but who would buy in after the fucking burn, if you plan on buying some you would do it now before you get but taxed

>> No.49542576

>>49542457
she never actually went to jail.
Do you really think a president and member of a cult that controls like 69% of the S Korean govt would let one of their own sit in jail?
Yeah, your dumbass probably does.
>why you think this kid is untouchable
Maybe because he is..?
You're on some hard copium right now kid lmfao
How much money did you lose from the rugpull?

>> No.49542587

>>49542502
The burn tax being discussed is just 1.2% surely luna is volatile enough to keep the swing traders profitable.

>> No.49542610

>>49540234
>These proposals don't matter though
You should have stopped there.

>> No.49542615

>>49542575
>who would pay a 1.2% burn tax on a coin thats going to easily do a 50X
No idea anon sounds crazy

>> No.49542618

>>49542587

Except there are hundreds of free options to swing so why go where you are taxed

>> No.49542667

>>49542576
She did 5 years: https://amp.dw.com/en/south-korea-frees-ex-president-park-after-5-years-in-jail/a-60303959

Who’s coping?

>> No.49542739
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49542739

>>49542667
>She did 5 yrs
Prove it.
Have you ever actually seen pics of her in jail?

You're literally the only one in LUNA threads that always posts this exact same cope and think it somehow applies to Do Kwon.
You will be absolutely mind broken once you realize he's going to walk free

So tell me, how much did you lose in the rugpull ?

>> No.49542827

You guys keep forgetting that the majority of all volume is on exchanges, and exchange transactions aren't registered on the blockchain

>> No.49542861

>>49542739
>it’s a conspiracy!

I’m a post-crash LUNChad who believes in the burn and this is too schizo even for me.

>> No.49542963

>>49542418
Dude stop I’m fr

>> No.49543005
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49543005

>>49542861
>LUNChad

Oh yeah, you're total "Chad"
>#LOCKHIMUP
Just two more weeks and Do Kwon will be behind bars lol

>> No.49543146

>>49543005
Yes.

>> No.49543179
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49543179

>>49543146
Sure thing "Chad"
Still waiting on that proof of Korean pres in jail btw

>> No.49543209

>dumb gorilla niggers think turning lunc into a bsc burn shitcoin during a bear market will make their $18 become billions

>> No.49543245

>>49543209
LUNC has gotten a few pretty decent rallies during the bear market. People just need to believe it has a chance to recover.

>> No.49543250

>>49542827
So they just go with it and pocket the transaction fees.

>> No.49543709

nothing will happen to him faggots this isn’t the first nor second “blunder” of his

>> No.49544474

>>49539714
>>49539789
>>49539791
>>49539854
>>49539893
>>49540024
>>49540086
>>49540182
>>49540234
>>49540251
>>49540284
>>49540349
>>49540382
>>49540428
>>49540614
>>49541858
>>49541913
>>49541958
>>49542098
>>49542134
>>49542165
>>49542213
>>49542223
>>49542254
>>49542295
>>49542390
>>49542418
>>49542435
>>49542445
>>49542457
>>49542502
>>49542528
>>49542575
>>49542576
>>49542587
>>49542610
>>49542615
>>49542618
>>49542667
>>49542739
>>49542827
>>49542861
>>49542963
>>49543005
>>49543146
>>49543179
>>49543209
>>49543245
>>49543250
>>49543709

Checked. Kirk has blessed the thread. $1 scamwick EOD

>> No.49544550

>>49541858
If this were too actually happen I would finally have the disposable funds to study abroad and become fully independent, so this isn't gonna happen I'm so sorry to jinx everybody

>> No.49544809

I'm just curious what's the use case of LUNC now

>> No.49545919

>>49539714
so burning 35% out of 1.2% ???
would that be .4ish% then?
can someone math for me?

>> No.49545964

>>49544809
Giving the people their hopes and dreams