the price up! They're actually designed to create stability in the price. Idiots!
Everyone's mathematics is incorrect. Everyone's burn calculations are based on the price of the token remaining the same.
The fact is though as the price increases (if it does), this will result in the volume of tokens traded decreasing respectively. People are overlooking this very simple fact!
Why is this important? Because this will slow the 1.2% burn rate.
As the burn rate slows, the increase rate of price per token will slow as well. The token will eventually move in price like a snail before halting. It certainly won't ever reach $1 - ever! Why can no one see this? Do the math, but ensure you factor in the changing of the price of the token and how it will slow the volume and subsequently the burn rate.
Why are people not understanding this? Everyone’s going on and on about reaching $1 and max supply coming down to billions, but this can’t happen if you understand how the volume will slow exponentially. Please everyone, stop calculating volume based on the current price because the current price won’t remain the same. Volume will indeed decrease as will the burn rate. This is unavoidable mathematically.
the 1.2% burn rate is a kiss of death. A lot of those who are currently selling have worked this out!
Do u need some support?
Dont forget, it goes down from 80 $ to 0.0001 in 7 days, supply from 1m to 6.5 t in 7 daysy and not in 7 years, so It can up back To 80 $ in 7 days to
Thank you for taking time to write this. You, as a caring human being, did your part. Most will hate the truth, some will listen. When Lunc was at 0.00450, I was encouraging folks here to have stop losses, only a few listened.
Shohi T (0) has increased reputation of BULL (1)
I need my face punch gif. @admin 🙏
Since May crash, has it ever gone to 0.00450
Burning 6.699.999.000 in 7 days, i believe in uS$ 80
yah yah, anything can happen in crypto. if you don’t know this, then you haven’t been in crypto long enough. even though you do sound some what logical and realistic, crazier things have happen in crypto
Dumbass 🤡
man shut the fuck up
Dude this is seriously annoying, please stop fudding
Then focus on your own project and don't come here to discourage people from believing on their investment in other projects.
Wouldn't it be more effective and credible to refute his points?
Can't you ban all these spammers?
Looks like I just muted the same person for spam. But making points about burn and it's effect on volume isn't spam in itself.
I feel so sorry for you. Unfortunately you'll learn the hard way why conscious ignorance is so highly costly. You poor, por man! EVERYONE, STOP HATING AND LISTEN! You're walking into a trap and the whales are banking on your blind hope and lack of mathematical understading. If you understand that this project can't go much higher, then you won't invest... and that doesn't help them. They're literally banking on your ignorance!!!!!! I'll leave this here....: Dude I am a dev on another MAJOR project - one y'all know. I'm trying to help you guys. I don't have skin in this game except the deseperation to stop people losing money! I'M NOT AN INVESTOR! Burns don't send the price up! They're designed to create stability. Your calculations are based on the price of the token remaining the same. The fact is though if the price increases, this will result in the volume of tokens traded decreasing respectively. Why is this important? Because this will slow the 1.2% burn rate. Y'all thinking you can eliminate 6T tokens? It's impossible! IMPOSSIBLE! As the burn rate slows, the increase rate of price per token will slow as well. The token will eventually move in price like a snail before halting. It certainly won't ever reach $1 - ever! Why can no one see this? Do the math, but ensure you factor in the changing of the price of the token and how it will slow the volume and subsequently the burn rate. Why are people not understanding this? Everyone’s going on and on about reaching $1 and max supply coming down to billions, but this can’t happen if you understand how the volume will slow exponentially. Please everyone, stop calculating volume based on the current price because the current price won’t remain the same. Volume will indeed decrease as will the burn rate. This is unavoidable mathematically. The 1.2% burn rate is a kiss of death. A lot of those who are currently selling have worked this out!
are you here only intending to influence the holders? if not an investor?... are you panic?
They said that about bitcoin and eth now look at them If we burn 1.2% at 2 bil volume a day in 100 days we can burn the entire lunc tokens. If price stays low for 100 days
Is this community that make this comeback .. supposedly is already dead by now .. there’s nothing much to lose … Better than buying some lottery ticket
Just go to hell
TL;DR... BULL(SHIT)
NO! You can't burn 2B a day if the price keeps increasing. Why are people not getting this? STOP and THINK! As you burn supply the price goes up, yes. BUT as the price goes up less tokens get sold. As less tokens get sold the 1.2% burns reducese less and less tokens. It's exponential! OMG! WAKE UP!
dev of a MAJOR project... kk, read enough bs for this evening, this dude prolly can't even write hello world in html... fkn obnoxious ppl these days. gn all
You realize if I deposit on crypto exchange it’s 1.2% burn 🔥 than if I decide to sell its additional 1.2% burn 🔥 which mean 2.4% burn 🔥 F everyone I am buying the dip
Why would you think the price would increase perpendicular to the supply going down. It will fluctuate till eventually the amount of tokens will be considerably less and all the development . Other cryptos with larger supply go high in price. Despite no burn. So mute point "Dev from another project we know.",....lol
For the record, I tried! When this project stagnates due to the math I've explained I'll come back here and I'll gloat! I'll tell you "I told you so!" Y'all enjoy your costly ignorance. I'm out! FOOLS!!!!!
Lol. This person is bleeding
Your math is flawed. And your attitude is lame.The fact you say you'll come back and gloat.. says it all ...se ya dont buy any LUNC. WE DONT WANT YOU TOO.😂😂😂😭😭😭😜😜😜🙈😞
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