/biz/ - Business & Finance

>>50764929
>1. Why would anybody trade lunc when they start off 1.2% in the red immediately?
i answered this, please at least appear sincere when fudding - you lose tons of money every time you trade via gas, taxes on BSC shitcoins etc - nobody cares as long as there's the CHANCE of making money, that's what this is all about right?

>2. Why would CZ binance implement the burn when rival exchanges who don't will capture all his volume.
this is just obtuse; pic related is the biggest exchanges ON EARTH - notice anything? see how CZ's binance is SEVEN TIMES the volume of the #2 exchange? this nigger's got as many rivals as Google - which is zero - he can do anything he wants it's not going to hurt him or binance whatsoever

but what implanting the burn WOULD do for CZ is turn him into a cult hero as LUNC would rapidly burn on his exchange, causing the price to skyrocket

please say something in the arena of understanding this affirmatively