Reddit Posts
LUNA INU ($LINU) Trending on Coinbase: Memecoin with Potential Ahead of Bitcoin Halving?
Me, waiting for SEC announcement about ETFs…to buy that juicy dip in ALT coins.
Court Rules In Favor of SEC, Deems TerraUSD, LUNA As Unregistered Securities
Noob question: why tokens like USTC, LUNC and FTT are still being traded?
In another reminder that crypto is just people chasing fast money and hype, two of the most disgraced and dead projects in LUNA and FTT are ranked 1st and 3rd for 1W gains in the top 100 with massive buying
Sensible predictions for the next market bottom? Greedy buyer who missed the train, asking.
Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit's Moons
Over the last one year, we had Addresses with over 1 BTC hitting a new ATH, transactions increasing further and Active Entities growing further in Crypto. The most bullish bear market ever.
The most popular way investors look at charts and it's flaw [SERIOUS]
Some of you might be in a world of hurt if you're over-leveraged, especially in small-caps
Do Kwon's Secret Messages Exposed Before Terra (LUNA) Collapsed: Was This the Cause of the Breakdown?
Are there any indicators that can warn us that an exchange is going bankrupt or a project is failing?
Anyone still have LUNA stuck in Terra Station?
A personal bullet-proof (hopefully) way to secure your assets
Looking back: FTX did not really collapse all by itself, but LUNA had given the first punch that pushed everything down.
Today marks 2 years that I got into crypto! Here are some learnings from this journey so far
What will the next FUD event be?
Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit's Moons
No, this is NOT the “longest“ bear market in Crypto history, people are drawing unlogical lines to click-bait here. We should stick to the truth.
FTX Cold Wallet Actively Transferring Tokens. Till Now Transferred Over $10 Million Using Wormhole
After nearly two years of a bear market, even the current dips barely make any change in realized losses. Clearly the bears seems to have dried out.
Let's have a [SERIOUS] conversation about Binance. Is it really a shady exchange or 'Binance FUD' is more popular because it gets more clicks?
DongCoin decoded: Delving deeper into South Korea's meme coin revolution
How Many Terra Classic (LUNC) Tokens Burned in the Last 1 Month? At this Rate, How Long Will It Take to Fall to the Old LUNA Supply?
The Terra Luna Crisis. Updates and Potential Outcomes.
Stablecoin Protocol Harbor Suffers Hack Attack: Some Pools, Including LUNA Are Affected
These past 2 years were worse for crypto than the Mt Gox hack and if you’re still here, congrats.
The best legal analysis on why the XRP ruling was rejected in the LUNA case
The best legal explanation on why the XRP ruling was rejected in the LUNA case
Lost It All Twice in Crypto... Until I Uncovered THIS Secret
Major crypto news sites reporting MOON news is very bullish.
Ignored my Crypto wallet for a few years, now seeing that KuCoin is no longer available in the US. What does this mean for my assets?
Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit's Moons
for those who bought the top in November 2021, how are you holding up?
What its like currently holding ADA. Part 2.
What its like currently holding ADA part 2.
Major crypto news sites reporting MOON news is very bullish.
Is this the most non boring /action packed bear market to date ?
Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit’s Moons
Relive the crypto crash of '22 here. Events, mistakes, achievements. A lesson to remember, never listen to crypto analysts as nobody knows anything.
[Satire] Seven years ago bitcoin forked and the true vision of Satoshi was born - Bitcoin Cash
Only In Crypto: Bankrupt 3AC Founders Launch 'Justice' Token Targeted At Terra (LUNA) Whistleblower
Move aside hamster racing theres a new game in town, its called cryptocurrencies
PAXG - what are your thoughts on gold backed stable coins?
Will "inverse r/cryptocurrency sub" strike again?
Last bear markets we see suicide hotlines pinned, this time there is none of these posts. Have the crypto space matured?
It’s quite ironic how last year we were in complete fear of the current price levels of $30k, but now we are in complete greed at the same price. Crypto just outplayed us.
Chris Amani replaces Do Kwon as Terraform Labs new CEO
Stablecoins - are they safe? Is all the USDT FUD deserved? [NO MOONS]
Stablecoins - are they safe? Is all the USDT FUD deserved? [SERIOUS 2] [NOMOONS]
KeeperDAO ROOK - down 96% in Last Week
We are in a bullmarket since early 2023! The bullrun is inevitable, it will be HUGE!
People here often joke that we should inverse this subreddit. Is there truth to this idea and why (not)?
One year ago the media was starting to call Bitcoin an “insignificant fallacy“ as prices fell to sub-$20k. Guess they were wrong once again.
Over a year ago, after Luna collapsed CZ said he was "poor again". That was highly insulting to people who actually lost their life savings. It was just another example how billionaires do anything for attention, to make you like them and that they are not our friends
If your portfolio is not down more than 50%, and you didn't invest in FTT, LUNA, CRO, SOL, etc..., or some overpriced NFT, and you are still holding strong, CONGRATULATIONS! You are still doing far better than Kevin O'leary, Mark Cuban, Tom Brady, and so many of the big names in crypto.
Luna 2.0 - A True Crypto Redemption Story
If your portfolio is not down more than 50%, and you didn't invest in FTT, LUNA, CRO, SOL, etc..., or some overpriced NFT, and you are still holding strong, CONGRATULATIONS! You are still doing far better than Kevin O'leary, Mark Cuban, Tom Brady, and so many of the big names in crypto.
BTC has been down year-over-year for over 490 days this bear market, the highest there has been EVER. This bear market was truly exceptional.
What do you think crypto is going to do with your life?
Here's why most people will repeat all the same mistakes (and we can already see it right now). Why we keep seeing so much of the same in every cycle, and people don't seem to ever learn. And why even crazy macros haven't made that big of a dent in the long term cycles.
We just had our highest monthly and weekly close since May 2022. The difference, back then we are moving down in fear and now we are moving up in greed.
Even with all of the pumps above bear market lows, there were barely any remarkable realized profits. People just are not ready to soll at such low prices.
A largely unnoticed crypto fraud of massive proportions (over $500 million)
Liquidity tightening: Impacts on crypto.
Nearly 69% of all Bitcoin Supply did not move in over one year. Meaning that the majority of holders had enough conviction to hold through one of the most brutal bear markets ever for Crypto.
We're on the verge of the biggest crypto bullrun in human history: this is why...
FTX paid $121.8 million in legal, consulting and financial services between Feb. 1 and April 30, aka around $1 million per day while the users who lost money have gotten nothing back.
12 years ago, the Great Bitcoin Crash of 2011 began with seven daily -20% declines in a span of five months.
We should all remember that literally no company is “Too big to fail“, not even Binance or Coinbase. Don‘t bet too much on them.
After all of this drama of “securities“, long-term holders did not even flinch and sold nearly nothing. Be like them.
Do you guys think that it is time to write off all non-ETH L1s?
Who are in jail and who are not , fun 2023 crypto update !
Algorand: Many of us were bullish and invested. Now Algo is down more than 96% in USD and 99% against Bitcoin. What can we learn from this experience to prevent making the same mistakes in the future?
Most of our current “stricter“ Crypto rules are just thanks to Do Kwon and SBF‘s scandals last year. They basically gave every argument to regulate Crypto as hard as possible.
Discord bot to help track your crypto assets
I made a Discord bot to track my bag
Terra Classic Token (LUNC) Soars 28.59% in Just 24 Hours
Don't rely on others doing the research for you when investing, most of the time those people also rely on someone else and the faults a coin has gets overlooked
Buying established alts doesnt pay off
The cognitive biases of the crypto investor
[Serious] Does LUNC is now considered a meme coin?
I thought the bear market would be a thrilling ride, but aside from some exciting moments, it is most of all really, really boring. How do you cope with the boredom?
Mentions
Dont forget 2022 when it crash real hard because of FTX and LUNA
I think people forgot FTX wasn't the only problem. We had LUNA around who were so genius to start backing their Stablecoin with BTC. What could go wrong.
He will be the LUNA/FTX of the next bear market
Previously the crypto market collapsed due to FTX and LUNA collapsing, inflation, nonstop rate hikes, China banning Bitcoin for 5000th time,... In 2025 crypto collapsed because of a tweet about cooking oil and soy beans.
Yep, I miss Gensler. Atleast when he was the chef of the SEC there was no manipulation like this. Thieves from FTX and LUNA went to jail, should also happen to misareble people like CZ and Trump’s son.
a mi me gusto la temporada de LUNA, fue la mejor ajjajaja subio como cohete y se fue al suelo sin perdon, ese día fue bueno para los que comenzaban a ingresar al mundo crypto.
Three weeks ago or so, Structured launched maxBTC which is an LST that uses a JUP like strategy to earn yield on your BTC >During a 50-day private beta testing period with mainnet assets, **maxBTC generated 5–10% APY**\* with **50 BTC in deployed capital**, with no points or token incentives. The underlying strategy itself has been running for **over 240 days**. SAUCE: [https://medium.com/@Structured/introducing-maxbtc-real-yield-on-bitcoin-169fe5ba95a7](https://medium.com/@Structured/introducing-maxbtc-real-yield-on-bitcoin-169fe5ba95a7) But honestly like any RATIONAL person, over the last couple of weeks as I moved a decent amount of BTC over and started participating... The FEAR of a LUNA like depeg event due to a massive "Black Swan" event, and such for sure sat on my mind. Been there done that, The risk is there with any form of a wrapped BTC etc. I just wasn't expecting the swan to arrive so soon! And maxBTC on Neutron didn't just survive the crash...It PERFORMED DURING IT!! >Following yesterday’s market volatility, systems operated as expected with all monitoring and risk controls functioning smoothly. Liquidation fees captured during the drawdown contributed positively to maxBTC’s performance. [https://x.com/StructuredFi/status/1976964802980594054](https://x.com/StructuredFi/status/1976964802980594054) That to me is the most epic sales pitch a team could ever make. My BTC remained SAFU, and im still earning JUICY incentives from Neutron for the BTC campaign that started three weeks ago ($250k or so every 60 days in incentives) And maxBTC has yet to even activate the YIELD (Still in deposit phase for mainnet) Incentive Proposal from Neutron for the year long campaign: [https://forum.neutron.org/t/fund-bitcoin-summer/441](https://forum.neutron.org/t/fund-bitcoin-summer/441)
FTX, which was more of a systemic collapse than a flash crash, was 3 years ago. As was the LUNA collapse. FTX knocked out $152 billion in market cap, LUNA lost $45 billion in market cap. Last week knocked out $560 billion of value, with an estimated $19.3 billion in liquidations, magnitudes higher than the previous examples, several years before. You can hardly say something where the last example (that you yourself provided), was 3 years ago, and much less severe, is something that "happens regularly in crypto". So yes, they weren't prepared for a flash crash of this magnitude. They obviously didn't think something this severe could happen, and were ill prepared as a result. It's now looking like a targeted attack on the market maker, so there will be some big lessons to learn from this across all CEXs.
Hah, I hope it doesn't come to that, lol! I don't wish you another LUNA (or even ADA) for that matter. It's just...listening to HBAR hype this year, watching videos and looking at its movement...it all feels so familiar to all the losers from previous cycles.
Just a warning that a massive liquidation like this is always followed up by dead body floating to surface in few weeks. Like when LUNA imploded, we saw the body of 3AC, Celsius, FTX, Voyager, floating one by one across months. I won't feel safe in any CEX
MARS learned hard lessons as a leading app on LUNA, it's one of few that literally rose from the ashes and rebuilt itself on Neutron. It has circuit breakers on a protocol level, and as the comments show. Saved all 30 of us who use perps in the "COSMOS" When you see me overtly posting Neutron stuff, it's because of top notch teams on this chain. [https://x.com/mars\_protocol/status/1976772677013557551](https://x.com/mars_protocol/status/1976772677013557551)
"Crypto liquidations soar to $9.4 BILLION in 24 hours – the LARGEST single-day event ever. Bigger than LUNA. Bigger than COVID. Bigger than FTX. We just witnessed history."
"Crypto liquidations soar to $9.4 BILLION in 24 hours – the LARGEST single-day event ever. Bigger than LUNA. Bigger than COVID. Bigger than FTX. We just witnessed history."
The slow rug nature of it allows the devs to walk free. There won't be enough media attention and enough people to raise pitchfork at the same time. Different with LUNA where the rug happened so fast.
I did the same thing with MATIC, and allocated some of my portfolio towards it *after* the SEC "unregistered securities" claims were flying. Matic was down like 50% in a few days, down to a "steal price* of like 55 cents. That cash would have quadrupled in BTC, instead of still being down another 60% in MATIC. LUNA is the most impressive example of "buying the dip" for those who actually bought LUNA during it. Everyone believes their alts can recover someday until faced with an *actual* -100% and an exchange delisting.
I actually bought the dip during the FTX and LUNA crash, which why it's sad to see I allocated 25% of my capital on higher risk investments for a lower gain on average. If I went full BTC I would have had lower risk, which means less stress, and also higher gains. To me, that sounds like a no-brainer.
it all depends on where the yield is coming from and how it’s being created. katana uses revenue that’s generated by the chain to boost the yield that users get in defi pools. katana is averaging about $500k/month in revenue according to blockworks: https://blockworks.com/analytics/katana as for terra - the 20% APY wasn’t the real issue (although it amplified it, due to the structure). the high APY on Anchor (~20%) amplified inflows and the eventual bank run, but terra’s collapse stemmed fundamentally from its fragile endogenous collateral system with LUNA backing UST, which triggered a death spiral under pressure. TL;DR - if you’re gonna build a CDP stablecoin, don’t use endogenous collateral.
Yeah, I was out for a while after the whole UST / LUNA collapse. Lost more during that whole ordeal than what I currently have in bitcoin.
Agreed, similar to LUNA. But the fact it’s passed 1 Zetahash plus global adoption plus treasury strategy and it’s the Apex technology that created the space make it more resilient. I think Dorsey’s correct that more day to day use as payments would help but I believe it needs to reach a few more logarithmic levels of growth before daily volatility is closer to the dollar.
By long time you meant since 2023? This is very far from LUNA crash and FTX crash
This is exactly why most retail get rinsed in crypto. You’re hunting for the magic ticker that 2–3x’s while ignoring the fact that the entire space trades on Bitcoin’s leash. Alts only run when BTC allows them to. If dominance spikes or Bitcoin dumps, every “wise investment” you listed bleeds the same way. Eighteen months isn’t short term in crypto. That’s an entire cycle. Coins you’re hyped on now might not even exist by then. Ask the people who went all-in on EOS or LUNA how “smart” their picks felt two years later. If you want to speculate, fine, but size it like a lottery ticket. If you want actual investment, stick with BTC, ETH, or real-world assets like gold. Chasing Solana vs Sui vs AVAX is just picking which casino table to sit at. None of them will save you if your timing is wrong. The edge isn’t the coin. It’s your framework for risk and timing. Without that, you’re just donating to whoever sells into the next hype pump.
Interesting. That's exactly what people said in the sub where a user here warned everyone about a possible LUNA collapse 🤔 We'll see.
IDK if you're just being pedantic about the word "special" or if you truly don't understand how Terra/UST was different or not, but it was definitely an algorithmic stablecoin. **Anatomy of a Stablecoin’s failure: The Terra-Luna case** >The failure of Terra project represents an additional proof of the intrinsic fragility of **algorithmic** stablecoins which became already evident after the first large-scale crypto “bank run” suffered by Iron Finance in June 2021. https://www.sciencedirect.com/science/article/abs/pii/S1544612322005359 **Anatomy of a Run: The Terra Luna Crash** >At the center of the collapse was Terra’s **algorithmic** stablecoin, UST, and a blockchain-based borrowing and lending protocol, Anchor. https://corpgov.law.harvard.edu/2023/05/22/anatomy-of-a-run-the-terra-luna-crash/ **Break a peg! A study of stablecoin co-instability** >**Algorithmic** stablecoins were the major shock receivers of the IRON TITAN and TERRA LUNA crashes. https://www.sciencedirect.com/science/article/abs/pii/S1057521924005404
Despite the flaws in LUNA's design, there may be alternative solutions worth exploring and attempting.
We already decentralized stables. The special thing about LUNA, and what it's downfall was, was that it was algorithmic.
I also believe it's LUNA. Decentralized stablecoins are the final piece of the puzzle in the cryptocurrency world. If they succeed, they could replace fiat currencies. Therefore, I think that despite the many practical challenges facing decentralized stablecoins, it's worth finding ways to improve them or exploring a new path.
Do research and get the best crypto, probably meme, under 1 cents. Actually, there are quite a few hot ones available, and LUNA CLASSIC actually has utility also.
99.9% of the time when people start saying a project is dead, they are right and the project is dead or dying. Survivorship bias of a coin like SOL pulling out from $10 too $200 makes will fool bagholders with hopium into losing more money thinking they are geniuses for going against sentiment. > *"Why I'm shorting Luna"* > I guess its time to buy LUNA! > Do the opposite of what the sub's users say! https://np.reddit.com/r/CryptoCurrency/comments/tlxerl/why_im_shorting_luna/i1wbj60/ > Decentraland is a dead https://np.reddit.com/r/CryptoCurrency/comments/qxogsc/decentraland_is_a_dead_metaverse_and_youre_gonna/ > Is Cosmo Atom a dead project? https://np.reddit.com/r/CryptoCurrency/comments/1cc1y3a/is_cosmo_atom_a_dead_project/ > Is Brave/BAT officially dead? https://np.reddit.com/r/CryptoCurrency/comments/18z5jb9/is_bravebat_officially_dead/ > [Serious] OmiseGo: Is this coin dead? https://np.reddit.com/r/CryptoCurrency/comments/11nbl5p/serious_omisego_is_this_coin_dead/ > I thought REQ was dead? https://np.reddit.com/r/CryptoCurrency/comments/qlohgo/i_thought_req_was_dead/ > Loopring (LRC) - Is it "Dead"? https://np.reddit.com/r/CryptoCurrency/comments/tiyxg5/loopring_lrc_is_it_dead/ > DOT, feels like it’s been abandoned https://np.reddit.com/r/CryptoCurrency/comments/1grko67/dot_feels_like_its_been_abandoned/ > Don't confuse short term price action with long-term fundamentals. NANO works, ever better, and that's starting to be recognised https://np.reddit.com/r/CryptoCurrency/comments/qc21qm/honest_question_is_nano_dead_what_can_be_done_to/hhd7eug/ > You should check out what ICX has done, is doing and will do during these years....Agreed. Not even remotely dead. https://np.reddit.com/r/CryptoCurrency/comments/qgnsj0/which_cointoken_is_completely_deadnearly_dead/hih8v5b/
I expect something similar to LUNA & FTX, maybe on even bigger scale now that more money is involved.
Definitely a ticking time bomb, anyone remember LUNA and its 20% yield? saylor is offering 10% bonds. Same 💩
Clock is ticking to find the next LUNA/FTX/Celsius
It would depeg and go to zero if it's not fixed See: UST/LUNA from last cycle Important to understand how each project is backed and associated risks
This will get downvoted but you should actually start by thinking from first principles about the space at a deep level starting from the genesis of Bitcoin itself, the whitepaper and Satoshi lore, Bitcoin talk, early culture, the ideology behind decentralisation and the core principles underpinning everything. Read aantonopoulous, the Bitcoin standard. Form your own opinions and ideas because they are powerful and everything else like 99.9% is noise. Move onto Vitalik, his blogs, Bitcoin magazine, the lore around Ethereum and why smart contracts were invented and what fundamental affordances they add to the internet as we know it and decentralized financial systems more broadly. Learn about the DeFi period, uniswap, aave, maker, the core protocols running DeFi today that have weathered the ftx crash. Also the failures, ICO scams, LUNA/Terra, ohm+forks, DeFi ponzinomics. Finally NFTs and tokenized memetics, doge and why they became a phenomenon. Finally if you digest all that try take a look into SPX6900 which I believe is at the forefront of all aforementioned trends. You can watch murads thesis and hopefully much more of it makes sense with these fundamentals down pat. Happy studying!
At this moment, ETH because it’s a safe bet even if we get no alt season. If the bull run is over and we’re in a bear market (which I doubt), you’d get your money back and then some next bull run. If we do get an alt season and ETH pops, I’d look to start DCA’ing out of ETH and into XRP once ETH doubles. ETH rises at the beginning of alt season and XRP is usually among the last. Any others may be hot this bull run, but fade to obscurity by the next one. See EOS, MATIC, SKY, LUNA, NANO, and countless others.
I am scared of USDT too, but it's nothing like LUNA, it's not a flawed shady algorithmic stablecoin system, but it's shady for entirely different reasons, like we don't trust their reserves.
something "felt off" bc crypto-smart people were alerting everyone weeks before it happened. I successfully got 99% of my ETH off Celsius like 2-3 days before they froze withdrawals. I almost got f\*ked by the whitelist thing but luckily I had a few days to spare between Celsius, FTX, Voyager, and LUNA (went from like $90 to $0 in literally 2 days) that was the most brutal experience in crypto I ever had. There was also massive fear in DeFi.. BTC was already falling from its $69k ATH. But those CeFi failures and LUNA going to $0 made it exponentially worse and that's how BTC ended up below $20k just 2 years ago.
Bro LUNA basically has unlimited upside we’re all gonna be rich!!!!
Pure luck with shitcoins so stick to the top 100, you still wanna be careful with those, an example would be LUNA.
Personally, I thinks it's 2020 all over again. The market had to naturally recover from FTX, Celsius, Voyager & LUNA USD & any other catalyst that tanked the market. Had none of that happened who knows where we would be at.
XRP isn't the worst crypto to be involved with. There's lots of comments saying XRP is a "shitcoin" but they are just trying to be edgelords. XRP is probably a more solid investiment than "Official Trump" or "Cum Rockets" or "Bananas for Scale". All crypto is volatile, even Bitcoin. Buttttt... **in general**, the higher a coin's market cap, the more stable it should be. At least in theory. XRP is 3rd in market cap behind BTC and ETH. There's exceptions to the rule (after all, LUNA was in the top 10 before crashing to zero), but your dad could do a lot worse than picking a coin that's 3rd in market cap. The edgelords who loudly shout that XRP is a total shitcoin are probably comparing XRP to other coins within the top 10 or top 20. Is Brock Purdy a good quarterback? Compared to Patrick Mahomes, Purdy is probably a "shit quarterback". Compared to most human beings though, Brock Purdy is a great quarterback. My 88-year-old grandmother is a sweet lady, but Purdy is definitely a wayyyy better quarterback than she is. Is XRP a good cryptocurrency to be invested in? XRP may or may not stack up to the test when compared to other elite-level ~~quarterbacks~~ cryptocurrencies, but it probably wins the comparison against most cryptocurrencies.
LUNA and the stable coin just dumped to near zero. There wasn't any money in the first place, it's all just thin air
I’m down 50% from 2017 still… didn’t help that many alts I had bags in died in the ass (WTC, ONE, LUNA, QRDO). In hindsight holding just BTC and ETH was the best strategy.
Thank you for submitting to /r/CryptoCurrency, Your post has been removed because there are already 2 posts about LUNA in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*
They've been around since 2018, and been through 2 down cycles, including the LUNA/FTX crash. Other Crypto Lenders like, Galaxy (via Gemini Earn), Blockfi, Celsius, and SALT. Have either gone bankrupt or shut down their lending/interest business. Nexo has not, and has consistently offered their services. If you look at one of the biggest complaints during the downturns is that Nexo AUTOMATICALLY liquidated assets to cover the loans. People took the loans and lost their collateral during the downturn, as they should. They have a real business model with their crypto lending business. If they were a Ponzi they would have crumbled like a house of cards like Celsius or Blockfi in the face of an intense downturn market.
2021 always remind me of LUNA and AXS.
Are you talking about holding bitcoin or holding crypto? I guess I dont really consider btc to be peers with altcoins or "crypto". BTC has graduated into an asset class of its own, next to things like gold. If you are talking about holding altcoins, sure you can find a small handful of tokens that have beat btc over the last 5 years, but you can also win the lottery. I would be shocked if your crypto investment portfolio has beat btc returns on any time period longer than 2 years. If you only bought Solana 5 years ago as 100% of your portfolio, sure you've out performed btc, but the problems is 99% of people who've bought that shit, also bought things like LUNA that went to shit. One will go up forever, BTC, the others will eventually die whether its in 3 years or 30 years. BTC will go up for centuries to come. 10,000's years 2/3000 years hundreds of yrs: Long time: Bartering/Sea shells -> gold -> fiat -> bitcoin
tldr; Do Kwon, the founder of Terra, is expected to plead guilty in U.S. court on August 12 over fraud and other charges stemming from the $40 billion Terra ecosystem collapse. Context: Do Kwon, who co-founded Terraform Labs, oversaw the development of TerraUSD and LUNA, two digital assets whose crash in 2022 triggered massive investor losses and broader market contagion. Main facts: Kwon faces nine felony counts, including securities fraud, market manipulation, and money laundering. He was extradited from Montenegro to the U.S. in December 2024 after nearly a year in custody for falsifying documents. After maintaining a not guilty plea until now, court documents and media indicate he is poised to reverse course and plead guilty at a court conference scheduled for August 12, 2025. This guilty plea is likely to preempt a high-profile trial set for January 2026 and could influence related civil and regulatory actions against him. Outcome: U.S. authorities are signaling that prosecution will proceed despite broader DOJ guidance to avoid excessive crypto enforcement. Details of any plea deal remain undisclosed. Next steps: Kwon is expected to give an in-court statement acknowledging his role; sentencing and potential ramifications for the broader industry, as well as for affected investors, will follow in subsequent legal proceedings.
Yup... I bought JUNO, I pooled with LUNA, bags upon bags. I gave in 2-2.5 yrs ago, id not lost everything, but taken heavy losses. started to focus on BTC at around 18-19k everything I had locked up in Defi etc unlocked and I put that all in to BTC between 22-24k and every bt of extra cash since then has been in BTC. No more fucking around. I take this shit very seriously now.
Omg LUNA. About a month before that collapse I made several posts in both the Anchor sub and the Terra sub. Each post was like: "Uhhh this seems too good to be true, I can't wrap my head around this algorithm and that is a bad sign" Basically, this APY is beating everything, like, *everything*, there must be a catch here. The problem I was seeing, is that they were advertising zero risk. And I just couldn't believe. I made two posts in community subs, TLDR, my posts were basically: >So what's the catch? **My concern isn't APY relative to other DeFi products, its** ***risk*** **relative to other savings products.** They were advertising as a savings product, but offering better returns than things like liquidity pools, and staking, and it was all via a stable coin. It literally was too good to be true. The top comment? >I would be more worried if USDT will still be around in ten years. A few weeks later, Luna, FTX, and the whole market imploded and my mom was calling me asking if my 'cryptos' were OK, asking if *I* was OK, and who this Sam guy was. Fucking wild ride man.
>Can you guess what those two coins are? ONE and LUNA(now LUNC)?
Nice post. I did all of them + LUNA, lol. When are you planning to rotate out this cycle? And what speculative plays have you got?
Haven't really visited this community again since this bull market started. So what's the Shillcoin of the Cycle^(TM) now? In 2017 is was "revolutionary" shit ARK, XML, EOS, NEM and IOTA, all of which sank to irrelevance. In 2021 it was ROSE, CRO, LRC, LTO, DOT and LUNA (lol), most of which sank to irrelevance too. Which soon-to-be-dead coins are the hype now?
Congrats! I was fortunate enough to sell of LUNA only a few days before it crashed for a nice profit, so you win some, you lose some.
Hell ya I went all in back in 23. I’d held through the Dog-coins ordeal. I had some lessons I needed to learn with DeFi and Alts, got a good schooling with LUNA… shifted it all into BTC and pushed everything I can afford since I to my stack… I’m just a regular guy, and even at $1,000,000 I still won’t have $FU… but I have time in this market, and I think I’ll be able to grow my sats by then
Had my seed words tattooed on my 23 children and the 24th on my chest. Once they are of age they may use 23andme to find eachother to access my all of my LUNA.
Am I misremembering or wasn’t this sub crazy about LUNA like 4 years ago?
LUNA. Luckily just £50 for fun though.
To be honest there were so many top signals with LUNA actually incredible
This the guy with the LUNA tattoo?
Not getting into it earlier. I actually read about this stuff in like 2010. I used to sell stuff online as a kid and you're basically banned from anything but receiving a physical check or cash, neither are internet friendly. I thought it would be good for that and that it'd be "nerd money" to pay for server time or buy skins in games and other internet specific things. The sites I found talked about it as a payment system, not an investment. That's kinda it though. Most of my crypto moves worked out or the wins outweighed the losses. I was actually in a lot of things that ended up imploding (Celsius, LUNA/UST, Ftx.us) but I always exited early and didn't get stung.
OP we are all happy you have all your things covered with house paid off and cars paid off being able to save 48 grand a year. That gives you more scope for risky times. But what crypto has taught us also throughout the years that nothing is certain: Remember Solana crash? FTX collapse? LUNA going to -0 price? You are talking as if nothing ever goes wrong… only the prices growing, everybody smiling and the sun is shining…
Sold 3 BTC for $900 each ... and TERRA FUCKING LUNA ... fucking do kwon
Nobody cares while they’re making money. LUNA skeptics were scorned and laughed at too… until they weren’t.
Raoul Pal also suggested that you invest in LUNA, and lend your BTC to Celsius… Not exactly the type of degen advice that anyone should be listening to.
If you are against it... BTC is near double its previous $ATH and if they buy back lower than their sell price where is the harm in it? It's not like they are selling it at $13-14k which it hit 2 years ago due to the Ukraine war, FTX and LUNA debacles, only then could you compare. Unless of course you think with mega corps and countries buying BTC now at it's highest will mean it will never drop like 50% ever again?
BTC is near double its previous $ATH and if they buy back lower than their sell price where is the harm in it? It's not like they are selling it at $13-14k which it hit 2 years ago due to the Ukraine war, FTX and LUNA debacles, only then could you compare. Unless of course you think with mega corps and countries buying BTC now at it's highest will mean it will never drop like 50% ever again?
And 69k volume on Kraken that's like twice the volume of LUNA2
Copy/paste of what I wrote in another sub. There will be an explosion all right: of Americans' 401k. Or should we call it implosion? 🤣 We have seen the playbook: Crypto pumps (FOMO kicks in, financial advisors push "diversification"). Retail piles in (401ks, IRAs, pensions). A black swan hits (pick your poison, my bet is quantum threat). Massive wealth destruction ensue, but the grifters ahad lready cashed out. No Historical Precedent whatsoever. Just 2000 Dot-com bubble (401k loaded with tech stocks wiped out), 2008 Housing crash (retirement funds held mortgage garbage), 2022 Crypto Winter (LUNA, FTX, Celsius destroyed billions). Nothing to see here, move along.
Seriously how is LUNA still getting onto this list
>What's funny is If these stablecoins crash—like TerraUSD did in 2022—you’re left with worthless digital coins TerraUSD crashed because there was a economic vulnerability in the code in how it was loaned/redeemed + a 20% yield scenario because it was a 2 coin system (1 stablecoin 1 crypto coin). These circumstances do not exist in the current stablecoins and the legislation even prevents the issuer of the stablecoins to generate yield, preventing this exact same catastrophe from happening. >We confirm that the internal spillover effect for the returns and volatility of both LUNA and UST increased during the crash, which means that the crash was due to the systematic risk of the project and not the market situation. https://www.sciencedirect.com/science/article/abs/pii/S1544612322007668 90% of your post is editorialization ranting fyi, it sucks. And you don't understand how these systems work so why should anyone care about your thoughts? It comes across as NWO/illuminati conspiracy nonsense
This is likely not a bill the crypto industry wants. **Regulated banks and financial institutions** are the winners in this bill. Why? Banks can issue stablecoins through subsidiaries, leveraging trust and compliance infrastructure. They already have strong regulatory experience and capital reserves. Banks can enter the stablecoin market legally and gain market share with minimal disruption. Also **large fintech and payment companies** like PayPal, Circle (USDC), and Paxos benefit because they already operate under strong compliance programs. USDC and PayPal USD are designed for 1:1 reserves — aligning with the bill’s requirements. **OCC and federal regulators** gain authority to regulate and approve nonbank issuers, creating a centralized licensing power center, while i**nstitutional investors & corporations** have a clear legal framework to use regulated stablecoins in settlements and corporate treasury management. Who doesn't benefit? **Small startups and independent issuers** because the high compliance burden (reserve audits, monthly disclosures, OCC supervision) makes small issuers uncompetitive. It makes it harder for innovators to experiment without massive capital or regulatory budgets. **Unregulated or offshore stablecoin issuers** such as Tether (USDT) face a credibility challenge in U.S. markets unless they apply for approval. It could lead to U.S. exchanges delisting noncompliant stablecoins. The bill effectively bans algorithmic / endogenously collateralized stablecoins for payments use, since they must be fully backed by fiat-like reserves. Projects like **Terra/LUNA-style** systems cannot operate as legal payment stablecoins in the U.S.
There will be an explosion all right: of Americans' 401k. Or should we call it implosion? 🤣 We have seen the playbook: Crypto pumps (FOMO kicks in, financial advisors push "diversification"). Retail piles in (401ks, IRAs, pensions). A black swan hits (pick your poison, my bet is quantum threat). Massive wealth destruction ensue, but the grifters ahad lready cashed out. No Historical Precedent whatsoever. Just 2000 Dot-com bubble (401k loaded with tech stocks wiped out), 2008 Housing crash (retirement funds held mortgage garbage), 2022 Crypto Winter (LUNA, FTX, Celsius destroyed billions). Nothing to see here, move along.
Remember, when the shitcoins of all shitcoins pump (think FTT, LUNA, BCH), then the little altseason is over.
Hey man.. i rode this out right along side ya.. i locked up my BTC and ETH from the DOGE days in BlockFi. Pulled it 2 weeks ahead of that mess...Only to loose all my ETH holdings -swapped for ATOM and pooled in LUNA- Held through the winter, bought the dip, and the dips dips, snt then the 20s... I cant hate on ya... I do think the landscape changed tho...( [shameless self promotion](https://thecornreport.com/bitcoin-this-isnt-a-bubble-its-a-transition/) ) which is why Im not buying my truck and instead did that website...Regardless. Its hard to pull profits, especially so if youve been here through all the falls and then months of sideways bleeding...
Only if a similar combination of fuck wittery occurs, LUNA, FTX, Ukraine.
I got out of BlockFi 2 weeks b4 they shit the bed… just to start LPing in LUNA lololol…
First heard of it on 4chan when people were posting their public addresses and testing out sending dozens/hundreds of BTC back and forth to test it out. The miner sounded like a shady download, and since it was 4chan, I assumed it was a virus for the lulz. Then I head about silk road. Tried it out. Satisfied customer. Completely lost the wallet I used. Didn't care about BTC or even consider it as having price potential. Small investing in 2017. Got the usuals over the following years... ALGO, XNO, VET, XLM, ZEN, WAVES, ZRX, QTUM, LUNA.... Real investing began in 2021. If only I had just bought BTC instead of all the shitcoins. I would probably be set.
LUNA was not bitcoin and MSTR is bitcoin
People who think MSTR are too big to go bust reminds me of Do Kwon back in the day LUNA was a number 5 crypto by market cap back in the day and Terra Foundation had a top 10 ‘Bitcoin reserve’ in the market right before it went straight to zero lol
In crypto, there is Smart Money and Dumb Money. **Smart Money** 1. Buy BTC 2. Chill 3. Profit **Dumb Money** 1. Read Whitepapers spending countless hours researching the best tech projects 2. Read about "DeFi" protocols (Not Finance in any way, essentially shitcoin casinos) 3. Research which platforms have locked the most TVL (scamified metrics based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.) 4. Research Hocus Pocus Oracles (magical oracles that will have Data Containers containing a Unified Golden Record will know within seconds everything that's happening Off-Chain in the Real World like what is the status of the real estate? Are there any tax liens? Is there any debt? Change of ownership? As the status of the real world asset changes, you should have a real world update to the on-chain token LOL sounds really good if your are gullible) 5. Research Web3.333 (Vaporware Decentralized *"Web"*) 6. Research Interoperability (All the scam chains need to be able to communicate with each other riiiight?) 7. Lose Money *Dumb Money doesn't really understand why things go up and start believing it was because of the tech.* **Kaspa** (August 2024) > The reality is that if you have: > - A tightly controlled supply > - Limited availability and liquidity on big exchanges > - A narrative the crypto world likes > You can have relatively new and small marketcap coins that can continue to pump until they reach big marketcaps that are not supported by liquidity. This is exactly why you have all these new meme coins that have pumped. This exactly why you saw a coin like Nano pump to $36 in 2018 when it wasn't available on big exchanges. > At some point reality will hit. I am not saying that Kaspa can't go much further. **I am saying that at some point it'll be time to pay the piper because Kaspa hasn't pumped based on usage, adoption or utility but rather on narrative, lack of liquidity and a tightly controlled supply.** https://np.reddit.com/r/CryptoCurrency/comments/1f4hg0v/daily_crypto_discussion_august_30_2024_gmt0/lkp24b0/ **NANO** (June 2019) > I really think **Dec-Jan as the perfect storm for Nano**/Raiblocks. Bitcoin had reached the peak of the bullrun and was starting to dump and people were chasing profits in every shitcoin out there with money they had just 15-20X. Also, there was constant press and news about Bitcoin high fees and slow transaction times. Suddenly you have a crypto that has zero fees and is instant. People buy it and the price only goes up because there is zero liquidity due it only being available on 2 shitty exchanges. Lack of liquidity hurts when you dump but can pump the hell out of price when there is demand.....I don't know if/when it'll take off again. But to hold a large percentage of your portfolio **hoping this will suddenly boom like it did in the perfect storm scenario is foolish.** https://np.reddit.com/r/CryptoCurrency/comments/c1v9or/daily_discussion_june_18_2019_gmt0/erg19v5/ **ETH** (February 2025) > I think one day people will realize how insane a run ETH had in 2020/21 and fools were forever chasing that euphoria. > One of the things people seem to be missing is how much of a leveraged casino coin ETH was that drove this rise. Before the bullrun started in 2020, ETH was sitting at a relatively small ~$30 Billion marketcap. DAI was also sitting with $250 Million minted. > **BTC started running in Q3 and by peak of the run, ETH was used locked as the native asset to mint $6.2 Billion in DAI. That $6.2 Billion is a massive injection of money into $30 Billion marketcap with an undertoe of a parabolic BTC bullrun and bullish sentiment.** Compare that to the total of only ~$3 Billion inflow into ETFs today when ETH is ~$300 Billion marketcap and it's easy to see why the marketcap won't budge much. > Leveraging ETH to pump its markecap is not dissimilar to burning LUNA to mint UST which drove LUNA to a $40 Billion marketcap. Everyone calls that a scam mechanism but the same type of mechanism that pumped ETH is considered DeFI. > **BTC parabolic moves, leveraged native ETH to mint DAI, DeFi casino narrative, NFTs, staking hype, triple halving memes, ultra-sound monies.......and Covid lockdown and money** > **It was a perfect storm.** https://np.reddit.com/r/CryptoCurrency/comments/1indhrk/daily_crypto_discussion_february_12_2025_gmt0/mcdygp1/
Everyone thought it would go to zero like LUNA
Buying LUNA and UST. UST in anchor protocol would be a good place to keep my spare crypto as it was a stablecoin and wouldn't fluctuate in value. I thought. (Seems such a long time ago now)
Not cashing out on $LUNA and buying shit counts instead of $BTC
Hot Tip LUNA, gonna be huge /s \*Not financial advice\*
Yeah, and they probably won't peak again until 2027. In EOY 2017/early 2018, Ethereum ICOs were the notable alt run killers, with a side of Bitconnect and OneCoin pulling billions out of the market. In 2021, it was unsustainable yield farming, the FTX failure, and LUNA. In 2024/early 2025, it was meme mania, Hayden Davis-powered rugs, trade wars, and actual wars.
Fidelity has wallet transfers? I didn’t even know they offered crypto. I’m blown away at the progress of crypto. It wasn’t too long ago I was long LUNA.
Because alts are ponzis. They make their founders rich. Look at Vitalik, Hoskinson, Justin Sun, I could go on... (and btw those are the "good" altcoin projects) don't get me started on tokens like LINK, LUNA, Sushi Swap (remember that? Be your own DeFi Chef?), Dogecoin, etc. Who does Bitcoin enrich? THE COMMUNITY. You guys missed th point because of greed.
LUNA is just one of the factor. The primary reason most people avoid alts is how VCs and Devs kept dumping on them throughout the 2022/2023 bear market (because of the unlock) and without showing any progression.
Ripping you off. If you want a stable that actually has utility go with the algorithmic ones like the HBD backed by HIVE which has a haircut ruoe preventing what happened to that trash of LUNA.
Ever hear of LUNA? The dollar is a little worse than that
i have got to give credit for TRX resilience. Think about this: LUNA, FTX and the companies behind them almost collapsed, yet TRX and Justin Sun are still standing. No jail time either, while even CZ ended up behind bars for 4 mths. Throwing a few bucks into it might be fine, but personally, I wouldnt invest a single cent, I just don’t like them as a whole.
Yes, as we can infer from the TERRA/LUNA fiasco. Very safe.
Isn’t that how Luna collapsed? They had LUNA token as a leverage against their “forgetitsname” stable coin. All the fear aside, imho USDT passed a point where it’s just too big to fall.
the man who famously talked about how LUNA/UST was 'risk free'
USDT is a scam that could implode but the strategy is good, just use algo stablecoins like HBD, backed by Hive, there’s an haircut rule coded into the blockchain so don’t worry about any LUNA moments.
Send addy again. I'm gonna send it on Arb One and hopefully it gets burned and lost forever. Meh, *So much* based on what metric? If you're pissing about with a few K on some weird LP pools making 3 figure APYs then you've got impermanent loss or hacks to worry about. If you're staking on a CEX then you've got counterparty risk. I've made plenty of passive income from my bags already and also lost a chunk on Celsius and got killed by LUNA, although I was up like 50x anyway. BTC shoved in cold storage for 10 years is more than likely going to be the best play
It’s quite something, looking back on how we all got swept up in the Bitcoin wave. I remember learning about it freshman year in Philly, back in 2016. We watched 'Rise and Rise of Bitcoin' and, like a lot of folks, thought it was more of a curious anecdote than anything else. We even had to write a paper on it. We all knew about that first big peak, around $17,000 in 2017. I suppose universities like MIT and Penn eventually put out more formal materials, but honestly, who among us consistently followed it? Our interests, as they do, tended to shift. I dipped my toes in properly around 2020 or 2021, using profits I'd made from the Chinese new energy stock boom. Bitcoin was about $3,800 USDT back in March 2020. A younger friend of mine, still in junior high at 17 but with his father's backing, went all-in around that price and made his first million USD. He cashed out at $35,000, thinking $50,000 was an impossible dream. Of course, we all saw it touch nearly $70,000 in 2021 before tumbling, and now (as of June 2025) people are throwing around numbers like $110,000. That same friend, after his $35k BTC sale, poured it into Bilibili, lost half, then supposedly made around $10 million betting on TQQQ futures, only to lose a chunk of that again. It’s a dizzying ride for anyone. And then there were the personal stings. The big crash on May 19, 2021, hit me hard. I sold my LUNA tokens at $4 USDT – a decision that haunted many when it shot up to $100 later that year, only to become virtually worthless after that. You hear these wild stories, right? The kid who turned a small sum into millions, the early adopters who got 5 BTC just for registering an account, or those who apparently bought Bitcoin on AliExpress way back in 2011. But the common thread for 99.99% of them is that they sold at some point – $5,000, $35,000, $70,000 – probably thinking the next buyer was a fool. Let’s be honest, talking about all these 'what ifs' and 'could have beens' is mostly just noise. It's tough to sleep soundly when you’ve got real money tied up in something so volatile. It truly is as risky as gambling in Las Vegas; very few people genuinely know if it’s going up or down. We all knew Justin Sun came out of Penn, and Penn had a reputation for being ahead on cryptocurrency, and we had prominent figures discussing it. But how many from that circle truly reaped sustained rewards from these investments? Not many, I'd wager. The truth is, you’re only likely to make significant money, or lose it without it breaking you, if you’re already wealthy enough not to lose sleep over a $10 million investment made through an app, and then you forget about it for a few years. Otherwise, you’re constantly on edge: who’s getting elected, which country is banning crypto trading, the next 'May 19th event,' and so on. You end up selling at a loss, or with a small gain that hardly feels worth the stress. I was a rookie trader myself and called it quits by the end of 2022. Some friends were just getting in around then; I can't say if they've won or lost. I’ve got a real business to run now. It doesn't offer explosive profits, but it brings in a stable $150,000 in cash, after taxes, to my account each year. So, when you hear these incredible tales about crypto fortunes made or lost, especially when the market is surging or crashing, take them with a hefty grain of salt. Dwelling on those kinds of dramatic stories – the ones that aren't really your reality or offer no practical lesson for your own situation – doesn't do much good. The real takeaway isn't about the spectacular narratives you hear; it's about understanding your own risk tolerance, focusing on what’s tangible for you, and perhaps realizing that relentless greed, as appealing as it sometimes sounds, might not always be the best guide."
I believe we would have hit $100k if we didn't have FTX, Bkockfi, Celsius, LUNA and fed rate hikes all at the same time...