The last attack on $LUNC and the $LUNA incident before it, etc. It showed us that all major stock exchanges abuse trust. Unfortunately, investors do not care; earnings are more important to them. The most important stage of this market is the "trust" we have in these exchanges. Yesterday, we watched with regret that our trust was abused. Despite our warnings, they intervened in abnormal sales very late. I bought the newly listed $BURGER after making very little profit in my first years of entering the crypto exchange. I bought it considering that it was listed on Binance, it was new, it would rise again after a decline, and the supply was low. For this low-volume coin, they sold 1.5 million units in a single level, and this lasted for days, its price falling and falling. Even though I warned, no action was taken, that sale always remained at that level. This was actually a clear manipulation, their aim was not to sell but to reduce the price. They could have intervened if they wanted, but they didn't. It dropped from 28 dollars to 0.28 - like the x100#LUNAincident. Many so-called new listings and robberies "in line with the elite criteria of major stock exchanges" were made. In fact, there is no criterion for any of them, they just use our trust in them.
Hello friends, yesterday I stated that the $LUNC supply does not reflect the truth, today let's examine this process in detail.
1- During the LUNA crash, a total volume of 11.56 billion dollars was visible. As you can see before the crash, there was a live LUNA market with a volume of 6 billion dollars. The first conclusion we can draw from here is that there was panic buying and selling during the crash rather than an increase in the total supply. This is the main reason for the volume increase. Two days later, the Lunc supply was arbitrarily increased to 6.9 trillion, and there is no sign of them being sold in the market.
2- What the USTC chart tells us is that large amounts of USTC are produced and released arbitrarily. Billions of dollars worth of sales were made and profits were made. It is clearly understood from here that DK or Terra Company willingly made and sold this free printing. It is not possible for third parties to reduce the price this much without generating supply in a multi-billion dollar USTC market. It is illogical like trying to reduce BTC to 600 dollars in 1 day. Moreover, they have not made a single move to prevent this.
On 3-12.05.2022, we see that the volume of LUNA is 273 billion (LUNA), after which it is even lower, that is, it is impossible to talk about 6.9 trillion LUNA distributed in the market. These passive LUNAs were under the auspices of Terra, and most of them were gradually added to the system and sold, they were not used during the collapse, on the contrary, they tried to melt them afterwards. In summary, when we look at the different data and history, there should be around 2-3 trillion LUNCs that are not processed or idle.
4- In the light of this data, $USTC were released and sold arbitrarily on the market, LUNA did not have much effect on the system other than the approximately 100m supply produced extra in the first stage, and 6.It turns out that the 9 Trillion Supply was created arbitrarily later. The incident has nothing to do with the third parties or the attack, this is a profiteering.
5- The SEC is aware of the incident and wants a kind of extortion; these passive or dormant accounts can be revealed with hard work.
Do you want $LUNC to be $100? Please support my suggestion in the article below👇 One day everyone will talk about this incident, I will do my best for this offer after the Terra burns. They have been deceiving you for years, please do not trust, do not expect help from influencers or validators who cannot produce any ideas. The latest KYC vote is an example of this, Terra had this vote done to lose its trace, they were going to miss as much crypto as they could and they were not successful, they will try again. Most of the proposals and votes are made to prepare the ground for such dirty work. The community is still in the hands of these fraudsters, there is very little time left for this dirty structure to collapse. If you think and believe in the long term like me, at least do not withhold your likes and follows so that our voices are heard. Let's also support our friends who have ideas and want support through this share.
I wish everyone a lot of profit. 😘
LIVE
BurnLunc
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1.2% Tax Burn Proposal - Empower Our Community, Increase the Value of LUNC!
Dear $LUNC Community, I am saddened to see that you have forgotten about the “BURN” opportunity (the 3568 proposal that was officially approved and announced by #Binance and received a “Pass” vote from the community). Please do not let others steer and distract you. We must follow the community decision and do everything in our power to make this burn happen. We need to create this pressure with all our strength. I’m not sure if any of you remember, but this proposal was supposed to be implemented. However, exchanges rightfully requested a 1.2% burn outside the chain as well, citing customer loss concerns, and no one in authority took any action or interaction on this matter, and the project was shelved. Years ago, on the old forum page, I opened a similarly long topic supporting the 3568 proposal for burns only on exchanges and made many warnings about the future of LUNC. Unfortunately, these warnings were not taken seriously by the community. The point we’ve reached has undoubtedly been a disappointment for everyone. I believe we shouldn’t waste such a powerful asset we have. When the crypto market goes down, it will become impossible to stand; we’ve been moving backwards in terms of ranking and volume! First, the delist decision, then we might witness the collapse of the few remaining active members of the community. “There is a very simple yet highly effective decision we can take to overcome this problem.” Without going into too much detail, my idea is as follows: The main idea is to call all LUNC holders to agreed exchanges within a certain period (around 2 months), suspend all transactions, and issue new LUNC (with a new name and image, such as LUNX) in exchange, starting a 1.2% tax on each transaction. All transactions except for inter-exchange and wallet transactions should be paused. Once the supply reaches 10 billion, the tax process will end, and all transactions will be reopened. The benefits this will provide us: Price increasePassive/Dormant LUNCs will be removed from the system (without the need for identification)Marketing/Popularity boost (potentially entering the top 10)Providing significant resources and time for the community for new projectsRestoring investor confidence… For years, you have also been sadly witnessing the lack of progress and the gradual erosion of our time and investments with insignificant proposals. (Occasionally, a few groups would agree to make a few thousand-dollar updates, creating the illusion of significant development. The idea of making #USTC a stablecoin or merging USTC with LUNC is also difficult and impractical amidst all these legal constraints.) When sufficient resources are provided, it is essential to have a foundation office and staff for the development of the community. If we want to be decentralized, we must first fight for our existence. Having a foundation does not mean that the decisions related to LUNC will be made by those running the foundation. This foundation will serve the community on issues like “daily developments,” marketing, and communication. I know there will be self-interested parties who do not want this right now, but they should also remember that if #LUNC collapses one day, we will all be on the same sinking ship. Once I am sure that this idea is supported, I plan to present it as a proposal. If you have any questions or need further clarification, I would be happy to help. “CZ said in an AMA the 1.2% burn tax could work off-chain if all exchanges agreed to implement at the same time.” Please share and support, we can succeed!
It is not a dream for LUNC to be 100 dollars ;) It will take less than 2 years. Moreover, it will be removed from circulation in the idle part. Binance burned billions of LUNC even at this low volume($10m per day) and commission rate (0.05%). ***The volume will be between 1 billion dolar.. (Remember that only Binance has reached 2.5 trillion daily volume) When we think optimistically, with a daily volume of 6 trillion LUNC (always the same as the supply) in all stock markets; 6Tx0.988 = 5.928T (day 1) 5.928Tx0.988 = 5.856T(day 2) … (0.988)^730(day) = 0.00014878856286 0.00014878856286 x 6T = 892,731,377 (yes, in an optimistic picture, it is below 1 billion) It will reach 10 billion in about 530 days.. 1.2% is a very big number for burning rate, I hope you understand it a little..
A good development for $LUNC , which is popular in Turkey, may come with#CoinbaseListing..
They applied to the CMB: US crypto exchange giant is coming to Turkey US crypto exchange company Coinbase, which serves a total of 103 million users in 100 countries around the world, will operate in Turkey under the name Coinbase Turkey Yazılım Teknolojileri AŞ..
1.2% Tax Burn Proposal - Empower Our Community, Increase the Value of LUNC!
Dear $LUNC Community, I am saddened to see that you have forgotten about the “BURN” opportunity (the 3568 proposal that was officially approved and announced by #Binance and received a “Pass” vote from the community). Please do not let others steer and distract you. We must follow the community decision and do everything in our power to make this burn happen. We need to create this pressure with all our strength. I’m not sure if any of you remember, but this proposal was supposed to be implement
#bist100 has fallen a lot, if there are no extreme processes such as war and crisis, you can make a 200-300% profit in 3 months by making short-term purchases and sales during the recovery process. These places are not as enjoyable as before. Maybe you can make a profit with short transactions. There is still a reset risk of cryptos here, it does not give any confidence, there it will drag you out for a few months at most, but it will reach its old value again.
$LUNC This is pleasing at the peak, so everyone supports the 1.2% #taxburn event in the stock markets and therefore me😉😆 The reason for the rise may be that whales took positions for the #LUNC burns belonging to Terra after the court decision. It is not clear how much will be burned, there is an expectation between 300 billion - 3 Trillion. The date is approaching, even if it is PUMP, this rise will create a FOMO effect in people, the rise may become even stronger or show a slight decrease. If it does not fall $BTC hard, I think it will continue. 0.00015s can be seen, becoming popular again will provide great support.
Those who do not know me, please read my old content, my aim is to take #LUNC u above +$1. We can do it and your follow-up and support are important for this. I wish you a lot of income..
#Binance will not give up on $LUNC without making a final profit. We are in waiting mode for 1-2 months for Tera burns, then we start the attack. If you want 1.2% tax burn to be applied on exchanges and #LUNC to be +1$, please support. Some accounts have been deceiving you for years about $USTC , they attack and wear out our patience unless we speak up. As LUNC holders, they are setting up a barrier in front of us, they have always tried to block us, as in 1.2% #burntax. The probability of #stablecoin is very low, just so you know. The right way is for LUNC to gain value first. This association logic used to be possible in the past, but strict controls started, they would neither allow, trust nor support. The collapse event has already proven this in the past. It seems impossible to me for it to happen again. It makes more sense to produce a collateralized stablecoin from scratch. Sell USTC and buy LUNC, you will gain in every way..
Sales are made 100 at a time on $BTC , now this robbery is allowed on #Binance . If it restricts the number of instant sales and protects investors, it wouldn't be of any use to it.
I don't care what you believe about $BTC and #altocoins but my view is that the market is controlled by a single force. It is unreasonable for so many people to make sales simultaneously. Don't say bots or panic sales, these should have ended long ago. They will empty all their assets, then collect them cheaply. No one can afford these...
Frankly, it made us hopeful that it rose to around $BTC 70k, but it appears that the exchanges' target of reducing it to 30k continues and mass sales have not been completed yet. They have unplugged many altcoins so that they can reduce the volumes and delist them easily. We understand that Trump's assassination was a good opportunity to escape from the market, it only slowed down this decline process and could not prevent it. If you can evaluate a short option, you can make good profits. $LUNC If something is not done about it, it will take its place in the garbage dump in the coming years. I don't care if the price drops too much, in fact it will be an advantage for us. I haven't written for a long time because I'm waiting for the Terra burns. It would be right for us to act accordingly. It will be clear in a few months whether it will be 300 billion or 3 trillion. CZ DK etc. are all stories, crypto is banned, these guys. Unfortunately, there is not even the slightest improvement, as it has been for years. There is no one other than me who can save this chain. If there is, let him come out and express his ideas. 😉 Remember "1.2% tax burn in the stock markets". I am patient for now. After the burning, I will start this operation and make an offer. Your support is important. I'm trying to make you a millionaire, I'm not trying to deceive and rob you day by day like they do. Please be careful who you support, this doesn't happen by sharing photos. Stay healthy and happy..
Overcome your prejudices and please have some knowledge before thinking negatively>>> $LUNA $LUNC ve $USTC is a decentralized currency. By court decision, a company called Terra or Do Kwon etc. It has nothing to do with it anymore. Terra company is currently in bankruptcy and liquidation process and is acting in accordance with court instructions. By court decision, Terra company must burn all #Luna #Lunc and #Ustc in its possession. Do Kwon or Terra company is prohibited from trading cryptocurrencies. These cryptocurrencies are managed by the community based on bidding and voting. Many people have been defrauded by Terra and DK in the past with the excuse of "there was an attack". Some friends unknowingly attack this community of victimized people with serious accusations instead of supporting them, as if this process is continuing. Or they believe that it is directed by them, as in the past. Please be a little conscientious, this is actually a decentralized community that is formed and fought by investors like you, and is not affiliated with any legal entity or person. You can also make an offer and direct the community. There is no point in attacking meaninglessly. Instead of investing in new listings, wouldn't it be better for you to support our struggle or join the community and contribute to development? I try to protect the interests of investors as much as I can, and I do not keep promoting new listings and embellishing #Binance like some phenomena. We must protect our rights on every platform and in every field, we must be able to criticize, then everyone wins. I find it important to develop such communities. Please do not spare your support.😘 #Bitcoin
#CZ is being released on September 29th, the community will have expectations that will not be possible again😉 He is holding a razor in his hand and it looks like he will burn $LUNC with his eyes shining.. 🤨
Have you seen anyone other than me coming up with ideas for $LUNC ? Please understand that we have no other option other than a 1.2% tax burn in the stock markets. I've been following it for years and there hasn't been a single positive development, no one has produced any ideas, there isn't even a plan. They keep making useless posts. Burning 100 billion means nothing, price and volume are crawling at the bottom and will continue to fall. #Binance monthly 1 billion Lunc was burned, staking rate increased etc. These are big deceptions, they have no effect on the price. I hope you understand that it has not benefited us so far, if it continues like this for 5 years, the price will be even worse. They turned it into a constantly falling coin dependent on $BTC . If you want it to be 1 or even 100 dollars, support me. I need to increase my number of followers so that our voice can be heard. I will make an offer on this issue after the terra burning, but for now I have not received support from the community on this issue:( A few important people and verifiers support this idea. We need to do something before it is deleted from the market. Remember, every wasted day will be worse for us. I think you should graze like lambs at the table of wolves. Please come to your senses!
The fact that crypto exchanges are so greedy and irresponsible will bring about the end of us all. Investors are being patient with this situation for now, some of them are baby investors who are unaware of what is going on. Only 2% will be able to leave this dump with profit. The ending of the movie is clear. When the US crypto market collapses, it will seize the assets of all exchanges. The #Binance exchange is most responsible for this situation reaching this point. It left its investors in the middle with its new listing and delisting cycle. By listing Memecoins such as $PEPE $DOGE , it has opened the way for the market of thousands of useless Memecoins. In fact, the money that entered the market has already disappeared. They had previously stated that they would support cryptocurrencies for their development, now they are constantly listing as if they are all preparing for the expected collapse. You have already earned millions of dollars from commissions. I really wonder what you will do with more. Is your goal to buy a new planet and have its interior built or something? $BTC normally it could even reach 1 million dollars, but they do not leave the market alone.. I advise everyone to be careful, this market is a dump now.. #LUNC time for We only have 1-2 years left, that's more than a dream, if something can be done for me, it will be done, otherwise we will be among those who return from this dump empty-handed. None of the cryptocurrencies are useful, they do not serve humanity, they all start to seem like Memecoin to me, the popular one wins..