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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 Jun 15

      I don't know who needs to hear this, but some LUNC buyers unironically think like this, so - facts: - LUNC will never hit $0.01 no matter how much you burn - Burning will have very little price impact due to dead on-chain volume - Major exchanges will never participate *braces*pic.twitter.com/QamWp69haO

      342 replies 75 retweets 427 likes
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    2. Rob  🔥 🕊️‏ @w28275954 Jun 15
      Replying to @FatManTerra

      1/ Hey @FatManTerra, as a whole, I like you deep dive investigations, but these are big claims lacking evidence or calculation. At the most basic level, your first point is flawed. Assuming the current market cap, a circulation volume of ~40 billion is need to reach $0.01.

      5 replies 0 retweets 17 likes
    3. Rob  🔥 🕊️‏ @w28275954 Jun 15
      Replying to @w28275954 @FatManTerra

      3/ it’s unclear why you say major exchanges will never participate. While I make no claim to the likeliehood of this, if an exchange held 2T LUNC the value would be~$120M USD. As is, they can’t readily sell it without harming customers, which would be a poor business decision..

      1 reply 0 retweets 10 likes
      FatMan‏ @FatManTerra Jun 15
      Replying to @w28275954

      1. Exchanges hold customer funds, they don't own all of that LUNC and can't just burn it as and when they please 2. Even if they owned it (which they don't), major exchanges simply aren't in the business of burning tens of millions of dollars - won't happen

      2:36 PM - 15 Jun 2022
      • 2 Retweets
      • 5 Likes
      • 🔥🕊️Soltanzero🔥🕊️ Garrett Luchaco Filipe Carvalho da Silva Gepard YTimur 🕊️🔥Christian Peace 🔥🕊️
      4 replies 2 retweets 5 likes
        1. Rob  🔥 🕊️‏ @w28275954 Jun 15
          Replying to @FatManTerra

          I genuinely don’t understand what’s happening with the Binance main account (but there are seemingly too few transactions per hour to be users), but regardless see my last message regarding a potential return on investment (plus ~$100M for a marketing campaign isn’t unrealistic)

          0 replies 0 retweets 9 likes
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