1.2% burns per transaction + ~2B volume per day = 6.49T burn in 3 years which would 600x the price
Were the lunatards right all along?
Lunc
Matthew Morris
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Justin Brown
>people will hold for 3 years
kk
Alexander Morris
Even if we say 1 year, that would still put it at 200x
Jack Allen
Too bad that's not how it works.
Asher Myers
2b volume now. The FOMO hasn't even begun.
Daniel Ramirez
Wait.. am I retarded? It's .024B burns per day since 1.2% of 2B is .024B. Basically 1B burn every 4 days. 365/4= 91.25B burns a year.
6.5T/91.25B = 71 years.
How the fuck did that one redditor get 3 years..??
Brandon Cruz
Wait I fucked up a decimal place in the beginning. It's .1B every 4 days, not 1B. Meaning every 40 days = 91B burn. So 710 years...
What the fuck
Isaiah Taylor
FUCKING GOOGLE. FUCK. I used .024 "bytes". It's actually 24 million
One sec
Jaxson Taylor
Oh yeah I love buying shit to get less than what I paid for. I'm sure the new bagholders required to make LUNC go parabolic will gladly buy your scam token knowing their dollars go less far and it's only to directly enrich you. The truth is lunc will die from no popularity. I doubt 2b volume will last a month.
Robert Lewis
Half a year is 100x
David Parker
My dude you're confusing $ value of volume and unit value of Lunc. Burn occurs in LUNC, not dollar value.
Austin Long
Been smoking much dope lately bro? You’re fucked.
Kevin Scott
It's 2B USD value per day not 2B LUNC volume per day you absolute retard. The current volume for the last 24 hours on binance alone has been 2T
Jonathan Powell
1.2%*2B daily volume = 24M burns a day.
That's 24M*365= 8,736,000,000 Burns a year aka 8.74B.
6.5T/8.7B = 747 years.
Tyler Turner
no no, you don't understand user, we have the SPIRITS on our side, so thats why $1 EOY
Daniel Fisher
>2B volume per day
CZ is responsible for this, he or Binance would tweet/make and announcement saying that the fucking tax burn IS NOT INTENDED for exchange transactions but only for on chain transactions (so, maybe deposit and withdrawals).
All this pump is in believe of a tax burn from Binance in spot trading that IS NOT GONNA HAPPEN.
Parker Garcia
Again retard it's $2 billion US volume per day, not 2 billion LUNC volume per day
Logan James
Worst attempt at soft FUD I've ever seen
Who hires you guys?
Jayden Russell
absurd 10x-50x-100x even 200-300x or higher in just 1 or 3 years is better then multiple stock options on lucky winstreak heck its better then many of those professional stock investors and mutual funds who barely even get a 1-2% positive supposedly guaranteed return yearly.
Isaiah Roberts
2T times 1.2% is 24B burns a day. 8.7T burns a year.
That means within the year nearly all the supply would be burned.
The fuck
Henry Perry
nobody here wants hypothetical calculations from a literal drooling retard, full damage control over an opinion nobody cares for
youre probably a discord zoomie
Lucas Anderson
Ah. That changes everything
Found what you're referring to. What a nothing burger
Gavin Morris
Why are you being disrespectful to this man? You deliberately came into this thread you fucking asshole. Let him try and discuss calculations. With that being said OP should really work on his math skills before he opens his mouth again. You get torn apart on this board when you say stupid shit.
Oliver Evans
But they're not going to do it...
Bentley Morris
Well the algebra wasn't wrong. I just kept using the wrong units. Anyways it's all scrapped because apparently CEX trading is irrelevant to the tax. Have no idea how much Lunc is transferred on a daily bases so can't even math that out.
Brayden Butler
9 months until 10b supply assuming average daily volume of 2T LUNC
Wyatt Reyes
CEX trading won't affect the burns apparently:
Kevin Stewart
On chain burning will be first. But I am betting the tax will be implemented on CEXs too eventually.
Josiah Gomez
I'll buy a $1k bag if they do that, but not atm