According to @FatManTerra 's point of view, burning LUNC is not possible as this requires too much financial conditionhttps://twitter.com/FatManTerra/status/1537192748045856768 …
Well, it's possible... It just won't be very effective. People are burning millions when the supply is in the trillions. Creating scarcity does not create value. You need value-add and demand to increase a coin's market cap... That's the part the LUNC burn crowd are missing.
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simple logic is to burn the token price up, as simple as that
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Burn them all price won't fall
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Demand can be created in more than one way my friend. Burning supply does indeed create demand from many investors who understand basic supply and demand principles Also, yes, use cases will be built as well. Remember, this is a start up now.
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This is indeed true. The token itself is going through a phase, it was hit bad. For it to get recover, it would cost time, planning, processes and etc. Soon projects will come on board, never can tell, it could blossom into something entirely different from what was predicted.
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We are not forgetting it, we want both things, burning and creating value, but it seems that someone does not like it because this detracts from the false LUNA 2.0... What an unfair matter...
@stablekwon@terra_money@TerraLUNADaily@LUNCDAOThanks. Twitter will use this to make your timeline better. UndoUndo
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be the next do kwon then rather than just posting your opinion, replace him, vote him down xD
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Nope - that's not how this works. That's not how any of this works. If you think he's wrong, you quote his line that you think is wrong and you explain why you think it's wrong.
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I agree with you sir. (this was before Luna 2.0 launched)pic.twitter.com/2X6rQk9stG
Thanks. Twitter will use this to make your timeline better. UndoUndo
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there is no demand in your opinion?
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