>I bought the luna bottom
There will be a burn.
I bought the luna bottom
Ethan Howard
Jaxson Martinez
that's a man
Xavier Perez
What coins, exactly, do you think they're going to burn?
Julian Anderson
Burns don't do what you think they do.
There isn't some magical increase in demand because you removed some non-circulating tokens from the total supply.
William Martinez
They minted 6.5 trillion. Terra own most. They can simply send to a burn wallet and the remaining supply will increase I value.
>do you even trade shitcoins?
Camden Clark
>meet micheal
Nathan Nguyen
>burns don’t do you what you think they do
Uh yes they do, the liquidity doesn’t change. But I never said it would. Tax the volume and luna will pump bigger than Michaels cock
David Powell
wouldn't there be the giga of all dumps once the price inflated so high and fast?
Joshua Martin
Based Michael
Adrian Thompson
Perhaps
William Reyes
Ook-ook! Eeek-aak-eek!
Adrian Parker
Correct, but it will help short term fomo, and new investors will like a smaller circ supply, and in the long run it’s very beneficial.
And who cares Spent 3$ got one million
Nicholas Jones
in this case the only way there can be a burn is if they buy circulating tokens since most of the supply is already distributed
it's not gonna happen tho
Jason Martinez
didn't it get revealed that they only have like $3k worth of LUNA?
Asher Lewis
I think I am done with LUNA. I am starting something with Equilibrium DeFi. It's launching soon and I want to be an early investor
Blake Nelson
No. The shakeoff is happening and a lot of rats are jumping overboard. They haven't realized only the ones with hope who bought at 0 are never selling, or that it's a rocket ship and not a boat.
Parker Moore
>Tax the volume and luna will pump
What the actual fuck are you even trying to say. I'm looking forward to a LUNA general so these retards can quarantine themselves.
Nathan Taylor
BIG IF TRUE
Cameron Brooks
why wouldn't it increase demand? people will see that there is less to be available in the long-term, no?
Justin Cooper
Wrong. Why do you speak such ignorance?
>do you even trade shitcoins?
No. But I guess that’s a nice cope that will help you sleep at night (for missing this obvious moon mission)
Kys
>do you even trade shitcoins?
Based real ass niggers
Brandon Long
nigger, they already burnt through their entire btc reserves, even if they decided to buy back tokens to burn, they couldn't possibly buy anywhere near enough to make it matter
Colton Cooper
>No. But I guess that’s a nice cope that will help you sleep at night (for missing this obvious moon mission)
I am invested in LUNA, but the problem is that the price keeps consistently going down, and now we know that the dev's 800k BTC supply has gone missing or something and that they only have $3k worth of LUNA in reserves. It's no longer the weekend, and we still have heard nothing, and I worried when we do hear something it won't be good
Grayson Long
They dont have to buy shit. We’re talking about reducing supply. You’re too dumb to post on biz, sorry
Ok? So you’re a little doomer fag. And?
Austin Jones
Sounds like it's inevitable.