Post
Topic
Board Economics
Re: Is TERRA/Luna kickstarting a new Bitcoin Standard?
by
Rikafip
on 11/05/2022, 06:49:06 UTC
Early on I was browsing the Twitter feed from luna and god, there is such an unload of denial and copium there, every fleeced or near to be fleeced "investor" screaming how somebody destroyed this because it was threatening them...
It's much easier to swallow up the loss if you think that there is some big conspiracy targeted at you just because you are so good instead accepting the simple fact that someone exploited their flawed mechanism in order to make shit load of money. Like we haven't these things happen before..


Meanwhile, Luna:
Hah, $13 was a good price, now it's below $8 with a plenty of room to go down even more. Some of my buddies decided to gamble and started buying at sub $10, hoping for a dead cat bounce.