How much is needed with this price?? The foundation owns BTC… first they need to use their BTC and with CZ/Binance investing its easy…
Sir, we must buyback and burn everything minted. reward us for buying diluted Luna to help you guys save the project.
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直接大量買回luna燃燒，不是更快？
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The more I read specialist opinion about the “Do kwon “ recovery plan ,the more I realize that it doesn’t look good…I don’t wanna think bad,but it is strange to publish this kind of recovery plan,when specialist say that won’t work…why “do kwon “
doesn’t act asap burning and buying LUNA???many sentences and ideas but no really solutions
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Just a simple question what would happen if they buy back now? The supply is 6.5T now so they need 6.5T market cap to push the price to even 1, and most of investors who invested a lot before the attacks won’t never see their recovery!
I disagree. Instead of only taking the pre-desaster Luna holders to the new fork, you should rather consider all holders and find a smart burning mechanism instead to deflate the supply back to normal levels. Why not rewarding those, who still believe in a recovery and give you money right now by buying tokens? Find Investors that believe in the project, buy back Luna from the market and burn it. Just restarting and hoping the outcome will be different next time comes close to the definition of insanity - doesn’t give me confidence yet.
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here is only 1 SOLUTION - BUY BACK + BURN
For everyone else complainig about investing before or after the DEPEG need to really think about what they are saying.
This is CRYPTO , this is like any investment, people who came in later should not be penalized , afterall these were the people who actually tried to SAVE UST.
People who bought BTC earlier this year dont complaing about the poeple who are buying BTC NOW at a LOWER price.
DO NOT give LUNA an oppurtunity to EXIT THIS JUST BECAUSE IT IS EASY FOR THEM.
THEY NEED TO OWN UP, BUY BACK and BURN. ONLY THEN , will the community have FAITH RESTORED. DON’T FALL for their “plans” the plans they represent are only for THEIR BENEFIT.
BUY BACK AND BURN. OTHERWISE LUNA WILL BURN TO THE GROUND, NO ONE WILL INVEST EVER AGAIN WITH ANYTHING ASSOSCIATED WITH LUNA
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another question, why the max total supply starts to go up again???
Agreed
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proof ?
Forget UST mate… we need to go forward without unstablecoin
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check on etherscan, cant post links here
fully agree, UST has no usecase anymore, even if it goes back to peg
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Plain and absolutely wrong. You knew the risks trying to exploit a depeg event… If you guys are compensated more that us who didn’t try to exploit it this would be a real scam
The “people who tried to support the project” narrative is just trying to exploit who really supported LUNA from the start trying to eat a bigger slice of cake thinking to be smarter
Agree
Wake up all !
This Revival plan is not going to work, guys!
We should use the $10 Billions of Bitcoin ( Where is the fund now ), start buyback and burn it, this is the only best solution!
Listen to the experts, guys!
CZ Binance and Anndy Lian both of the them have the same thoughts!
This idea will never goes wrong!
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THIS IS PLAIN AND SIMPLE. this happened in argentina with the PESO-DOLLAR ratio of 1-1. bank run . it was the CRISIS OF 2001
Argentina president promised a 1-1 payment at that time. he failed. they gave bonds and pass the debt for later. not fully repaid.
THIS IS IT. you SOLD a stable coin that CRASHED. so reputation is over.
You can blame some speculators that found a “glitch”
WHAT IS THE PURPOSE of a “stable coin” > CONVERT. FREE CONVERT .
so you USE your reserves EQUALLY. there shouldn´t be “class a class b stablecoin investors invented now!!”
lawsuits are coming. You USE THE mf reserves properly. burn secretly while you can.
STABLE COIN = USE THE Mf reserves. If they do that, people will trust one day or not.
But if you create 2 type of investors : winners and losers
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Not necessarily true. Dollars in doesnt always equal the market cap gains. Its much more complex, if $1bn was dumped into any small cap in a single trade that doesnt mean MC is going up by $1bn. I think $1bn purchase and burn out if the reserve would have a massive effect for stablizing luna. Maybe im not thinking about the math right, but the supply would be depreciated immensely, kill the mint burn mechanism and use the remaining reserve to payout remaining UST holders at a massive discount. I dont know if there is a reserve anymore, it feels like its gone completely or else we would be deploying it.
Just do a burn. Simple. There’s no sense trying to turn back time to compensate panic sellers.
To all those that supposedly invested your life savings, your morons.
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“Shouldn’t the team ask exchanges to stop all trades as all NEW buyers that bought before the halt are not eligible for luna v2 token ? This makes all NEW buyers the stupidest suckers that bought into a coin that are worthless from the start. That will be a FRAUD!!”
Truth! And would result in a massive lawsuit…
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