Post
Topic
Board Economics
Merits 3 from 1 user
Re: Is TERRA/Luna kickstarting a new Bitcoin Standard?
by
_BlackStar
on 18/05/2022, 16:45:50 UTC
⭐ Merited by The Pharmacist (3)
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.
If a thorough investigation is conducted, we may get some new information.
Yes, it will probably happen and it looks like this case will be very detrimental to second-stage investors. Nowadays some people are eager to bet on these altcoin where they expect huge profits if they manage to recover, but either way this might be something irrational as only a miracle can bring UST and Luna back to $1.

I'm not going to do anything [invest or trade] other than just maybe hearing that UST and Luna will eventually become shitcoin in the near future.