Quote from: LoyceMobile on May 17, 2022, 08:23:06 PM

How's this going? It's kinda ironic you mentioned turning it into a lesson.
UST isn't backed by anything anymore. I'm surprised it still has 1.4 billion dollar market cap and 12 cents per coin. I'd say it's pure speculation.

Judging by this post, he already sold UST for bitcoin, with profit. Well, at least I hope he stick to that plan and sold within 3 hours.

Quote from: hugeblack on May 12, 2022, 03:41:47 PM

UPDATE, After about 30 hours, I can say that what happen with LUNA is profitable, someone made a lot of money. As for what happened to me:

I deposited $100 USDT to 250 UST and after a few deal I made:

- $150 USDT
- 0.00341824 Bitcoin (BTC)
- 70 USDT eq= 30.64600 US$ (will sold it within 3 hours)

Quote from: stompix on Today at 06:07:43 AM

And surprisingly Terra still has a market cap of 1.1 billion, with about 6 trillion coins printed, price is $0.0001 right now, basically, they could just print a quadrillion and even if it goes to $0.0000001 they would still be worth 1 billion.

Just another example how misleading market cap can be, yet very popular among newbies when deciding which shitcoin to buy.