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FatManTerra's profile
FatMan
FatMan
FatMan
@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. FatMan‏ @FatManTerra May 19

      FatMan Retweeted thelastwhale.Ł  🐓 ⚡️ ℙ  🇺🇦 🇪🇺

      A tax on every transaction to create artificial scarcity. No revenue model or authentic demand. Did the #BurnLuna guys already forget how SafeMoon ended? Also, where will you find a trillionaire from? LUNC is never going back to $1 without some intergalactic-level firepower.https://twitter.com/Cox3ox/status/1527406264321462282 …

      FatMan added,

      thelastwhale.Ł  🐓 ⚡️ ℙ  🇺🇦 🇪🇺 @Cox3ox
      The Burn & Remedy proposal has been moving slow even though the old Luna Classic plays a key role in the Revival Plan. That points more towards non-governance or banned governance rather than consensus. https://station.terra.money/proposal/1273  https://twitter.com/FatManTerra/status/1527357289874673668 … pic.twitter.com/9q2RcdQVCB
      39 replies 20 retweets 98 likes
    2. tom bombodilo‏ @bombodilo May 19
      Replying to @FatManTerra

      It would cost 2 billion to buy up 6 trillion Luna. And a 10% burn tax would still earn traders plenty and reduce billions a day.

      4 replies 1 retweet 9 likes
      FatMan‏ @FatManTerra May 19
      Replying to @bombodilo

      The price goes up when you buy (slippage). It's not supply x current price

      3:12 PM - 19 May 2022
      • 3 Likes
      • Reasonable Truth ❌ GORTROBOT🌖 #LUNAtic Robot Unit Farzam
      2 replies 0 retweets 3 likes
        1. New conversation
        2. tom bombodilo‏ @bombodilo May 19
          Replying to @FatManTerra

          That’s the point pal. And you’d be able to buy a lot without problem. Only when you burn it publicly will the price jump and again— that’s the fing point.

          2 replies 0 retweets 3 likes
        3. Show replies
        1. New conversation
        2. tom bombodilo‏ @bombodilo May 19
          Replying to @FatManTerra

          It’s buy and sell in an algorithmic way to manage this effect and in total it would take 2-3 weeks to safely acquire 6.5T

          1 reply 1 retweet 3 likes
        3. tom bombodilo‏ @bombodilo May 19
          Replying to @bombodilo @FatManTerra

          #Cryptos #crypto_news #luna

          1 reply 0 retweets 1 like
        4. Show replies

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