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Binance is going to make Binance Classic now
That was binance goal they move their assets so binance gets a lot of tax
So much negativity around. Gosh! Invest somewhere else if you don't like LUNC.. 🙄
Subscription done 🙂
I do get how irritating it is for binance to waffle, but let's be clear, they're out for binance, and remember they lost way more than most with the Do Kwon scam so it kinda is what it is they don't have to eat the tax even If they said they would , but l agree be transparent
Wrong. Binance gave TR that wallet address to be white listed for the burn tax originally. Why would they give TR this wallet address for burn tax purposes and then move it to another office so it can't be burned with the tax. That makes no sense at all. There's a different reason. But that definitely is not it. Makes zero sense. Sorry.
It now seems to be in a Penguin Wallet, as I understand.
From a business stand point i don't think they will implement the burn tax off chain, only if all the exchanges do then binance will do the same, or else they will lose alot of customers, bcos some people will try to avoid the burn tax if they move their coin to a non taxable exchange.
<Gotta remember that this time around the pump we had was not as big as other times. So the drop may not be as bad this time around too. It would make sense as well. That being said, Trading went smooth for me as I was able to raise over 18BTC when I started at 7 BTC in just few weeks implementing trades with signals and insights from Alice Marcella . I would advise y'all to trade your asset rather than hodl for a future you aren't sure about.
Maybe binance/CZ and do kwon have some agreement, makes you wonder
Binance only cares about getting their money back, not the community. No matter how long it takes them to get there. So they play it safe. They know LUNA Classic will at least get to 1 cent, but they want to hold onto as much of their Classic as they can and not lose as much off their platform. That in return will make them even more profitable with LUNA than they were before.
We are nothing but fodder to them.
You are being paranoia.
They just moved it for safety with the update and or the ETH merge or something.
So if the money has gone into Terrastation for them to take it back out wont it be taxed?
stupid binance i will not trade with them anymore,,,,dishonesty!!!!!!!!!!!
Poeple are waking up since 2000 years and they still asleep. What did you think that those on the top are doing something for OUR good?? Daaaamn. Wakey Wakey Humanity!!!!
I think binance doesnt understand what were asking for its like we expect smart people at the top of the business's i think we are overestimating cz and his team on this.
The impossibility is happening in $LUNC for the past few days now the uptrend is still moving higher, since the onset of 1.2,℅ burn tax, and with the help of the MEXC exchange. The market has been looking good
I have a good perspective of view, people continue trading!.
Wee need a complete ecosystem 🙂
Jay you have always been upfront and transparent on your channel, can’t say the same for Binance currently, why an exchange would act this way is somewhat immature.
Not a word to the community beforehand, lets just do it and see how they all react?
So CZ is the reaction a surprise?
LUNC
CZ was never for the community.
Wrong again. We do need regulation. Regulation does not exist to prevent fraud. It exists to punish fraud. And decentralization does not prevent fraud either but neither does it punish the criminals.
Implications of taxation on Lunc
Pros
Proof of community driven governance realized on-chain
Deflationary pressure on both LUNC and UST
Potential short term catalyst in attracting new retail investors
CEXs will not consider a burn off-chain, until enacted on-chain, The last line is important to discuss!
I'm very scared of binance now they are very tricky bastards
J, would it be possible that binance is doing it this way because they are worried the volume would drastically decrease with the full 1.2%? Sort of easing into it?
Not everything is always what it seems. Just be patient. They will see this burn tax is the best for everyone in the long run.
Binance has again moved all of its coins to a new wallet.👇
terra18vnrzlzm2c4xfsx382pj2xndqtt00rvhu24sqe
It seems to me that they heard you and decided to return all the coins back to the old wallet. 👍
terra1lgdpa7xl7n5k9wg65chldpkc06j2p5kg2cgf8w
terra16tjyr2qr3evaeucmvdl7w0kld65rthj40lsp0t
terra1e8zul28wl8nzj9dvnw82lww7kkw3ypt04xgf2p
Lol 😂 when you buy your coins on Binance, it’s not a CFD exchange. Buy & straight away transfer to your wallets mean you’re the owner of currencies or tokens..don’t compare CFD exchanges with all CEXs.
What a great vid…. My hats off to you…
CZ is Kwons friend, they stick together in the background and we are the victims.
Time to panic sell!!!
Would this affect other exchanges?
Corporate environment are no different then….Thieves and scammers…..thet will always have no problems lying to your face. The difference is they always get away with it…. Thanks for your integrity and honesty