That would be how the system works. Your first move is to set it to market value right? Issues here too. I didn't just game out the prop, I gamed out the potential fixes and found those issues. No testnet required. 😁
Again ye boys would do well to read the Terra Documentation and get an understanding of how the system works before ye start speaking with authority on the matter/pushing to effect changes. I mean you don't even understand the basics. 🤦♂️
Big warning for all that believe #FTX is going to liquidate assets worth billions on September 13th 🚨
Don’t fall for the trap !
Even if approval for the sale of FTX assets is granted by court on September 13th, execution won't transpire immediately on that date. Everyone that is sharing drama has absolutely no clue what he is talking about. There will be a structured framework to sell these tokens, such as $200m a week as it was reported, or do you think the SEC and CFTC will just watch how FTX is dumping once again on investors ?
Next point is the selling market place. Where do you think FTx is going to liquidate it’s assets ? I fully doubt that Binance will take care of it, as it’s not legally allowed to liquidate those assets directly through government channels on the secondary market. However, an underwriter will take care of this matter and liquidate these assets with Risk assessment, finding buyers that are most likely OTC, negotiate the terms of the sale, including price, payment terms, and any conditions to avoid chaos in markets. Underwriters ensure that the sale of assets complies with all applicable laws and regulations. This process takes months, and is nothing to fear about. Market makers love to plant the seed of fear in your mind. While they know the reality. This unnecessary FUD just confirms my believe in a sudden dump towards $23.500 region and a strong bounce that leaves all panic sellers and last minute shorts aside.
In other words, normal sell pressure yes, big nuke and huge out of sudden sell is illegal and won’t happen. Stop the panic and nonsense please
As promised a lot of FUD is currently emerging. This FUD will bring up a new market sentiment. Generating a new phase of big fear and new panic sellers. News that are based on nothing than FUD. Indeed, market will fake dump and act as if it’s affected by the ‘bad news’ to cause more fear and panic in the minds of retails.
Personally Iam more than convinced to see my plan playing out, hitting $23.500 first, then strongly bounce from there towards targets above $30.000.
The right time to buy #Altcoins might be now, or isn't it?
If you think about the previous cycle, you've seen altcoins running to a 10x, 100x, 200x or even more.
Most of them have been losing 90-99% of the valuation. Does that market come back or is it over? 👇
In determination of the altcoin markets and when to buy or sell, a few important ingredients should be identified.
These are:
- Sentiment.
- Price levels.
- Fundamentals.
In terms of the first one, a few important indicators are leading for a sentiment based approach. The first one is easily tracked through social media.
On social media, you'll see that views on YouTube are down 80-90%, Google searches are severely less and the overall engagement on X have dropped to bear market low levels.
The only people on here are the ones that are still a survivor of the entire bear market, while most are down a lot on their bags.
That tells a lot, as those people have experienced a two-year down only market and are stuck in that mindset. Most often happens in these cycles.
Fundamentals are the second category. Are projects still developing and did something change on that perspective? Well.
The good part is that many fraudulent projects are washed out of the markets, while the good ones are constantly building further. Ethereum has swapped towards PoS and is getting Ethereum ETF's based on futures in maximum a month.
Chainlink has developed CCIP and I'm not even mentioning all the other progress in DeFi, NFT's and more.
The only difference: Price isn't following the narrative. Why is that? Well, combine these two topics and you get your answer. Every rally is getting sold into, as people want to get out of the markets and tend to disbelief the markets have already started in a new bull cycle.
Until the real move happens and people don't get a chance to get in their positions. That's why positioning is super important to do that in an early stage, which is when you start to take a look at price levels.
We're 10 months prior to the Bitcoin halving. The period where sentiment is the lowest and altcoins are usually swimming around their cycle lows. Bitcoin dominance is peaking, and will not peak to that level any more in this cycle.
It happened in 2015, ten months prior to the halving.
It happened in 2019, ten months prior to the halving.
It happens in 2023, ten months prior to the halving.
A clear rejection at the 200-Week MA and EMA and looking to continue the fall, while altcoins are slowly picking up in their BTC pairs as a new cycle starts.
While nobody expects it.
The Market Cap Others Dominance shows a clear bullish divergence and bottom at the same moment. A weekly bullish divergence shows here, one of the strongest indicators in the markets.
It's uptrending since, and it won't be stopping.
Ethereum against Bitcoin is an interesting one. In previous cycles, we've had a bottom 252 days before the Bitcoin halving, and we started to consolidate/run up since.
However, in previous cycles a massive correction took place since the high. In the current cycle, the correction is only 20-30%.
What's the difference? Very easy to tell. It's the swap from PoW to PoS, through which a deflationary system was induced, which is, from an investment perspective, a better approach than 4-5% inflation on a yearly basis (where did we hear this earlier? Oh yes, the Dollar!).
Conclusion: Accumulate your positions. Simply DCA this period. Hold for 2 years and you'll be done.
Good luck & hit like if you enjoyed this post.
I deleted a post (thread ) by accident damn! Sorry about that
#lunc family
It was a post about leadership and #lunaclassic needing it
I think we all agree things need to change moving forward.
We tried complete decentralisation and our experience shows it has its limitations
I am asking multiple people about their opinion regarding this, I just asked someone whoms opinion I value . He said create a board of
the top 20 validators and the top 20 delegators let them choose someone to lead , so 1 leader and a board
We would start at the top of the validator list and ask if they would accept being a member on the board and work our way down until we have 20 all together with their top delegators they then decide who can and will run $lunc
We do not intervere . They decide.
Any thoughts?
I think if we do it in a different manner $lunc , it just wont work ....and we will be going round in circles
#lunaclassic #terraclassic #lunac #ustc #luncarmy
Please RT
#LUNCcommunity Developments take patience and are extremely time consuming, the task ahead of a possible #USTC Repeg is a extremely complex task as is something it has never been attempted before… We are on the Verge of history #History as achieving something of this magnitude that requires extensive testing and development that creates a scenario in which makes us (#LUNC) or breaks us… What made Terra Great was a decentralized blockchain model In which (#USTC) played a major factor in Terra’s Ecosystem Economy now is time for us as a Community to be that factor! Approving progress towards a common Goal #Repeg #USTC Forget the factions, forget the characters and focus on the task ahead everyone is a key element into the #Evolution of #LUNACLASSIC
THE FORCE IS WITH YOU #LUNC
#LuncArmy #LUNCLIVENEWS #Binance #BinanceSmartChain #OKB #LunaClassicNetwork🪐 #Cosmos #CosmosHub #Web3 #STARLIGHT🕹️#Metaverse
Decentralised money is what made Terra/Luna great once before, and it's what will make it great once again!
If you share the Quant Team's vision of Decentralised Money, Onchain FX and payment services. Make your voice heard and Vote Yes on prop 11716.
#LUNC#USTC $LUNC $USTC
#LuncArmy #LunaClassic
@bellavistacap There is still time to properly develop a good chain . But for this you need dedicated people with knowledge. The market is stagnant you don't know when the bull will come but it's better to already have a well configured chain by that point.
If you fully protect Terra Classic #LUNC and #USTC and include it in #BNBChain 🛠️; Become the immutable king of crypto ❗️
The key to historical return is in your hands. 🗝️
@cz_binance 👑
$LUNC $USTC
#luncarmy The reason I am quiet is because sometimes experience is needed #lunc family,so just letting it all unfold and watching from the sidelines
In 3-6 months you will know what I am speaking about
It costs me a lot of energy
Its not worth it for me
Experience comes at a price , so be it ..guess that is what is needed right now
I love you 🙏💚
@bellavistacap Don't worry ... the day will come where those who are not real will leave . Then only the real investors will be left and new bigger ones will arrive time is short . 💸⏱️
@bellavistacap Too early there is no money in the market I’m right ? There is no volium in the chart. 0,9 $ #Lunc end of the year . Wait and see China , by more 💰⏱️☃️