Post
Topic
Board Economics
Merits 4 from 1 user
Re: Is TERRA/Luna kickstarting a new Bitcoin Standard?
by
Rikafip
on 18/05/2022, 15:25:37 UTC
⭐ Merited by hugeblack (4)
Yes, I sold, from the moment I saw the collapse of Luna's price and the infinite print I was sure that the project was dead. Grin
Good move, you probably exited at the last moment. I also thought about gambling 100-200 dollars but in the end I gave up as i suck as a trader and would probably just lose the money.


I think it will be the case of the year, because there is something wrong with the project (not about SHITCOIN or Bitcoin Standard only,) I don't think that selling 80,000 bitcoins will not fix UST/LUNA unless there is an algorithm failure or price manipulation, or scam.
I do hope that this remains fail of the year and as I said before, it will be very hard to top this. It would have to be something huge like one of the top exchanges getting busted, or Tether going through the same thing.