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
I'd be cautious about stablecoins. They aren't all created equal. The Terra/LUNA thing was pretty bad.
Is this more similar to the FTX crash or the LUNA crash?
Looks like $WLFI is going to pull a $LUNA
Terra LUNA was too big to fail too. Lol how many big coins rugpulled and died since 2017. You really think your clever . Look at the top 20 coins in 2017 2018 2019 where are they now... It is out . Hence why Tao is $250 now and going back to $150
My biggest mistake is still LUNA. That taught me there is no such thing as too big to fail. Wrack my whole account cause at that time I really trust in LUNA and is a main too. Man thinking about that made my mad
Didn’t take LUNA profits
Post is by: Additional-Channel21 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sakj6e/sea_of_markets_or_why_trading_is_more_like/ Sometimes people ask how you actually learn to understand markets. Usually the conversation quickly turns into charts, indicators, news, technology and predictions. But the more experience I gain, the more I notice something strange. Markets that seem completely different often work according to the same underlying mechanics. For me that understanding did not come from books. It came from very different places. Game economies. A vegetable market. Crypto. And eventually the sea. Game economies were probably the first market I understood. Before I ever traded real assets, I traded items in games. If you actually play the game and follow what is happening in it – updates, tournaments, the meta – you begin to feel the value of items. You start noticing patterns. Which items are rare. Which collections will become desirable. Which skins players will want later. You do not buy everything. You buy cheaper. And you sell higher. Over time your inventory grows in value. At some point you realize something simple. This is a market. And the mechanics are surprisingly clear when the stakes are just digital items. I have always wondered if anyone else first understood markets through game economies. Later I saw the same thing in the physical world. At one point I traded vegetables. I bought produce at the wholesale market at night and sold it during the day directly from my car. It is not glamorous work. And it is not very profitable either. But it teaches you something about markets very quickly. You cannot buy goods and simply wait for the price to go up. Vegetables spoil. If you do not sell, you lose. So the market lives on turnover. Buy. Sell. Buy again. Every day. Another thing becomes obvious very quickly. If you start pulling money out of that circulation to live on, the whole system begins to break. Because circulation is the bloodstream of any market. Then came crypto. Crypto looked like the same game, just much bigger. At first it felt familiar. Buy cheaper. Sell higher. Sometimes you catch something unexpected. During the LUNA collapse I picked up tokens very close to the bottom and managed to sell them much higher during the rebound. Later I lost most of those profits trading futures. That was another lesson. Crypto is not just a market. It is a storm. And this is where another experience suddenly made sense. At one point in my life I worked on a ship. Once we were sailing to Tuzla in Turkey for an emergency engine repair. On the way we got caught in a heavy storm. There was a real chance the engine could stop. If that had happened we would have been stuck in the middle of the storm. Sailors will understand what that means. If the engine dies in a storm, the sea quickly reminds you who is in charge. The sea behaves a lot like markets. Sometimes complete calm. Sometimes clouds gather and a storm begins. Sometimes the surface looks calm while powerful currents move underneath. Markets behave the same way. Periods of calm. Sudden volatility. Hidden liquidity flows under the surface. Sometimes everything feels stable. Then within hours the market turns into chaos. But the most important thing at sea is not the waves. It is navigation. When you sail across the sea you must always know where you are. That is why maps exist. Latitude. Longitude. You constantly mark your position. If you do not know your coordinates, you are lost. If you know the direction but not your position, you are still lost. So humans invented compasses, maps and navigation. And there is an important detail here. If you make even a tiny mistake in your course, just one degree, it does not look like much in the beginning. But over a long journey that small deviation becomes hundreds of miles. A small mistake in direction eventually becomes a massive mistake in destination. Markets work the same way. If you do not understand where you are, what course you are holding and how your capital is distributed, then you are simply drifting. Sometimes the market is calm and everything feels fine. But when the storm begins people start sinking. At some point my thinking about markets changed. I stopped asking where the price will go. Instead I started asking different questions. Where is my capital actually positioned. How is it distributed across assets. How should it move between them. Over time I built my own system around that idea. Not as a way to predict prices. But as a way to navigate markets. To treat capital more like a course on a map than a bet on a single wave. I am curious how other people arrived at their understanding of markets. For me it came through very different places. Game economies. A vegetable market. Crypto. And eventually the sea. What about you. Was there a moment when you suddenly understood how markets actually work. And if some of you are already building your own systems for managing capital, I am curious about something else. Have you explored ideas like portfolio allocation, rebalancing or capital optimization across assets. At what stage are you in that journey. Because sometimes markets really start to look like a sea. And eventually the most important question stops being Where will the price go and becomes Where am I in this sea and what course am I holding. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Yes, this poisons the well for the future. Which is why I think it will be revisited after the next FTX, LUNA, etc., implodes people's life savings again.
None of this is legally binding and will be reversed by later administrations because it allows for unchecked securities fraud. I expect this to happen after retail loses even more money with the next wave of exit liquidity tokens, ponzi schemes, and other scams that make LUNA, FTX token, etc. look like pocket change. This SEC interpetive release is bad policy and the Howey test is still good law after 100 years for a reason. Everyone cheering this doesn't understand that this SEC's direction is a step back because it makes the crypto space even more grifty and subsequently siloed from the legacy finance. The crypto industry was in a good spot with sensible, incremental wins against the last SEC. This total takeover is greedy and self defeating. What do you think will happen when people's retirement funds blow up with the next scam? Crypto goes back into the hole because everyone thinks it's a scam.
Post is by: Ok_Security_1684 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rttwjq/i_replayed_the_ftx_collapse_and_traded_it_my_i/ Spent the last hour going back to November 8, 2022 on this market replay tool I found. Started at $20,600. First few minutes felt obvious in hindsight - CoinDesk story, CZ tweeting about FTT. I told myself I'd short immediately. Instead I opened a long at $20,180 because "it might be a rumor." 5x leverage. You can guess what happened next. What made it different from TradingView replay is it wasn't just showing price - funding rate was going negative in real time, liquidation counter ticking up, whale transfers spiking, Fear & Greed dropping. The full chaos of that day, not just the candles. Ended the simulation up $180 on a $10,000 portfolio. On one of the most obvious directional trades in history. The AI breakdown at the end was brutal: 75% long bias. During a crash. 33% win rate. Ignored my stop loss twice. Turns out my "I would have shorted it" was completely made up. Tool is free if anyone wants to embarrass themselves: [**cryptontradebot.com/market-replay.html**](http://cryptontradebot.com/market-replay.html) They have COVID crash, LUNA spiral, 2021 ATH, Jan short squeeze too. Curious if anyone else gets humbled or if I'm just bad at this. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Imagine explaining NFTs, LUNA and FTX to him in one sentence
Everyone I know who has asked me about Bitcoin has done the same thing. They say "Bitcoin is too expensive, I bought BCH", "Bitcoin is too expensive, I bought LUNA". People said this to me when Bitcoin was $20k. $10k. $5k. $1k. Literally never changes.
nah, after that terra/luna ust incident, im done with holding anykind of currency related to crypto except USDT(the only one i know and still being used). lucky at that time, i didnt hold anything related to LUNA, but other cryptocurrencies also got hit real hard because of luna IIRC (i had avax, sol at that time).
nah, after that terra/luna ust incident, im done with holding anykind of currency related to crypto except USDT(the only one i know and still being used). lucky at that time, i didnt hold anything related to LUNA, but other cryptocurrencies also got hit real hard because of luna IIRC (i had avax, sol at that time).
tldr; Terraform Labs has filed a lawsuit against Jane Street in Manhattan federal court, accusing the firm of insider trading during the May 2022 Terra collapse. The lawsuit alleges that Jane Street used non-public information, obtained through a former Terraform intern, to adjust positions, reduce losses, and profit while the UST depeg worsened and LUNA lost over $40 billion in value. This legal action is part of Terraform's ongoing bankruptcy recovery efforts to reclaim funds for creditors and token holders. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It's bait for sure, Kraken is trying to offer me 3% bonus on deposits, but if you look at the small print, you have to keep it on there for a minimum of 18 months and must not move it from exchange during that time period. While I like Kraken, I'm not keeping a large amount of money with them for a prolonged period of time, to earn some change. 18 months is plenty of time to have another FTX or LUNA type collapse.
Alright, let's get the LUNA, SafeMoon, SBF, and other crypto scammers return the stolen funds too.
Ask Jeeves: “Rank cryptocurrencies by market cap on February 6th, 2021.” Altcoins are generally terrible investments, especially when compared to other assets. You have to be lucky with the ones you pick, and when you buy and sale. That list from 2021 likely includes one called LUNA that ain’t really around anymore. Plus, alts have plenty more room to fall.
Where are the facts? FTX crashed after the fact. In addition to LUNA. Hold steady lads. The whole market is under manipulation. Crooks on every algo taking your assumption as cash. Remember that SBF, Do Kwon, and CZ were on signal chats. In fact I think it was Sam who wanted to tank LUNA. It’s a big club and you ain’t in it.
That would be the end. LUNA dropped like 99.999% or so haha.
Honestly, this is quite dramatic, but nowhere near LUNA/FTX levels.
At some point, we will have an event that ultimately plunges the crypto market to 0 or close to it. Imagine FTX or LUNA but spread out through the top 300 coins. Bitcoin will survive but it’ll lose at least 70% of its market cap. Everything else will lose 99.7% of their market cap including ETH which will be the first to collapse causing a chain reaction. The mining rewards will make Bitcoin a net negative for miners which will cause them to shut down mining rigs. Bitcoin will bounce around the $15-$25 range for eternity until the masses just lose interest all together.
You’ll be alright bro. Gotta know the risks. I’m still holding my LUNA from last cycle 🫠
Are people still surprised that leveraged casino coin will empty your pockets? > *ETH is a casino coin whose value is a mirage derived from stacking on-chain leverage in places like Aave, Maker, etc where ETH is the dominant collateral asset for gambling for ETH and various shitcoin tokens people think are DeFi.* **When the shit hits the fan, you have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath. (Feb. 2025)** https://np.reddit.com/r/CryptoCurrency/comments/1igeysk/the_eth_to_btc_ratio_just_flash_crashed_to_02337/mapylwj/ > **I think one day people will realize how insane a run ETH had in 2020/21 and fools were forever chasing that euphoria. (Feb. 2025)** > 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/?context=3
> Fundamentals have not changed You might want to learn what fundamentals are. Crypto does not have fundamentals. In traditional markets, understanding value of companies comes from fundamental analysis. Fundamentals in investing are based on revenues, earnings, future growth, return on equity, profit margins, PE, the economy, interest rates and other financial data to determine the fair market value of a company. Crypto does not have these sort of fundamentals. Crypto is based almost purely on speculation. BTC itself is a speculative asset and the entire Alt market generally have a correlation coeffieent of ~0.90 and just follow BTC up and down and inherently have no fundamental value in themselves. ETH is a double speculative asset that has been underperforming almost everything for 8 years and historically has a 0.96 correlation coefficient to BTC only appreciates when BTC goes on bullruns. - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K - May 2021, ETH hits ATH after BTC tops out in April 2021 - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 - August 2025. ETH briefly touches past 2021 ATH after BTC breaks $120K Not only is ETH a double speculative asset but it is a leveraged on-chain casino coin that primed for liquidations in market downturns > *ETH is a casino coin whose value is a mirage derived from stacking on-chain leverage in places like Aave, Maker, etc where ETH is the dominant collateral asset for gambling for ETH and various shitcoin tokens people think are DeFi.* **When the shit hits the fan, you have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath. (Feb. 2025)** https://np.reddit.com/r/CryptoCurrency/comments/1igeysk/the_eth_to_btc_ratio_just_flash_crashed_to_02337/mapylwj/ > **I think one day people will realize how insane a run ETH had in 2020/21 and fools were forever chasing that euphoria. (Feb. 2025)** > 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/?context=3
ETH investors still don't understand ETH is a leveraged casino coin > *ETH is a casino coin whose value is a mirage derived from stacking on-chain leverage in places like Aave, Maker, etc where ETH is the dominant collateral asset for gambling for ETH and various shitcoin tokens people think are DeFi.* **When the shit hits the fan, you have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath. (Feb. 2025)** https://np.reddit.com/r/CryptoCurrency/comments/1igeysk/the_eth_to_btc_ratio_just_flash_crashed_to_02337/mapylwj/ > **I think one day people will realize how insane a run ETH had in 2020/21 and fools were forever chasing that euphoria. (Feb. 2025)** > 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/?context=3
I really have a bad feeling Saylor, Microstrategy and his DAT cohorts will be the LUNA and FTX of this cycle.
I've been warning noobs like you about falling for bullshit mETH Head narratives for years and years. You need to first learn about how crypto works. Now back to school noob. > **If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01** and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ > **Who the hell is buying ETH for $3,000+? That is insanely expensive. Plus, insiders, developers, VCs got a ton of the supply for essentially free and have oligarchical privilege to print their own ETH for free and dump until perpetuity.** And what does ETH even do? It's only a token in a digital casino and there are plenty of alternatives including subsidiary L2s and other cheaper casinos. https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxzks6h/ > **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/?context=3
honestly, after LUNA crashed i pretty much lost interest in crypto entirely. that network had some of the best real world use case of any project in crypto and was one of the easiest to use and if that can fail, i dont trust anything else. imo bitcoin is the ONLY thing worth investing in when it comes to crypto
LUNA is probably worth more than that lol
Every coin other than BTC and ETH seems to just wither away and die. LUNA, ATOM, JUNO, DOT, ADA... lost my butt on every single one. Now I'm just down to BTC after I consolidated a couple years ago and I'm holding in an offline wallet, locked inside a gun safe. Will check back in 3-4 years time.
Terra crashed because LUNA supply instantly skyrocketed
Harmony ONE. No recovery after the bridge hack. Oh, what about LUNA?
Lmao that was during my first bull run. I put up $3,000 as collateral to take out a loan on a LUNA-based defi protocol (I forgot the name). A week later the entire platform crashed and burned. Haha fuck me right?!
The days when everyone said LUNA is one of the safest alts...
HYPE gonna be this cycle's LUNA?
Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/p/28385/ Terraform Labs filed a $4B lawsuit against Jump Trading over alleged market manipulation linked to the 2022 Terra (UST/LUNA) collapse, per WSJ. https://animalverse.social/community/p/28385/ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Yes. Look back to LUNA/TERRA just a few years back.
Were you here for Terra LUNA or FTX? Those were pretty epic.
MSTR is a huge ponzi scheme, not even good for Bitcoin. I think it will end up like the new FTX or LUNA
tldr; The price of Terra Luna Classic (LUNC) has dropped by over 45% following the sentencing of Do Kwon, the crypto mogul, to 15 years in prison. This decline erased millions in market value and coincided with drops in related tokens like Terra (LUNA) and USTC. The sentencing was longer than both the defense's and prosecutors' recommendations, reflecting the $40 billion losses suffered by investors. Despite the crash, LUNC retains a strong community and Binance support, but its price forecast remains bearish with potential further declines of 45%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Terraform Labs founder Do Kwon was sentenced to 15 years in prison for his role in the $40 billion collapse of Terra's UST and LUNA. U.S. District Judge Paul Engelmayer reviewed 315 victim letters detailing severe impacts, including financial ruin, health crises, and suicides. Victims described losing life savings, facing bankruptcy, and enduring emotional and physical hardships. While some sought restitution over imprisonment, others demanded maximum penalties. The judge emphasized the fraud's devastating human toll during sentencing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
If I remember right from *Going Infinite*, most FTX bagholders actually ended up getting almost all of their principal back. Yeah, if you adjust for inflation they still lost, but it’s not a total black hole. Compare that to Do Kwon’s victims — their odds of recovery are basically 0. This is the guy who talked big about “making people whole,” spun up LUNA 2.0, and then instantly sold his entire stack right after launch. That’s not a mistake, that’s who he is. And yet the universe decides he gets the lighter sentence. That’s the kind of irony that makes you root for absolutely nothing good happening to him behind bars.
I don’t know about you, but I’ve been loading up on the dip. If LUNA can rebound so can they.
Who the hell is trying to revive LUNA of all coins? Is this some kind of alt season last push signal. The coin has been doing insane percentage wise for a week
You’re right! In the immature crypto ecosystem of ten years ago, someone like Do Kwon — and something like LUNA — couldn’t have existed!
Piramide schemes are always stable untill they are not FTX looked stable untill it wasnt TERRA LUNA looked stable untill it wasnt I know its not the same but you get my point The whole idea of Microstrat is just weird Companies making profit buying BTC is a whole different story
LUNA pumped, yeah now I’m certain the top was in…..
So this is why LUNA is pumping... xD
tldr; The U.S. Department of Justice is seeking a 12-year prison sentence for Terra founder Do Kwon, citing the $40 billion Terra–LUNA collapse as one of crypto's largest frauds. Prosecutors argue the severity of the damage, including global financial fallout and Kwon's alleged use of a fake passport to flee, warrants the maximum penalty. Kwon, extradited from Montenegro, is set for sentencing on Dec. 11. The case highlights regulatory and enforcement challenges in the crypto industry following the collapse. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Precisely. You can't beat yourself up for not being able to foresee the future. I've heard of someone who was almost a millionaire in $LUNA, but did NOT cash out when things started to wobble, because he believed there was no way would go to zero. Yet, none of that is a reason for grief, because the plan would have been to cash out into TerraUSD in *any* case, which *also* went to zero when [the whole Terra ecosystem imploded](https://www.youtube.com/watch?v=lAQdQzF4KYM).
Hindsight is 20/20. Lot of those DEXes amd CEXes had exposure to LUNA and suffered when LUNA when to $0
That's incorrect. UST's collateral was Bitcoin and LUNA. Its depeg was directly triggered by LUNA's collapse. Similarly, Tether's USDT faces depegging risk from BTC volatility, compounded by their lending activities
Idk how you can remember 2008, but don’t remember DeFi 2022 when 1 of the biggest cryptos (LUNA) went literal to $0 in like 1 day which caused several CeFi and DeFi to run insolvent.
*The following assets are scheduled for delisting: UST, LUNA, LUNA2, NODL, PDA, ETHW, TVK, TUSD, MOVE and BRICK.* Hell, it's about time UST, LUNA and LUNA 2 got the flick.
Also there is still a market for / people willing to buy LUNA despite the founder being in prison right now for defrauding people who bought LUNA. Unless something worse happens to Bitcoin, it will exist forever
They weren't great, but come on. FTX+LUNA was much worse, for me anyway.
Post is by: Ubique008 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p2gr23/playbook_from_a_crypto_veteran_nfa_dyor/ Been here since 2017. I lost everything in the FTX and Luna crash. Became a BTC maxi and it made me wonders this time. I bet the house in 15k BTC 2022 and sold it all at 107k. Never made back my 2021 paper gains, but still. What I am, me, me personally, have written down to do: BTC can go 75 80 85% down. It happens. The 4y cycle has not disproven itself yet. I am sitting all in safe treasure bonds until 13-14 months after all time high. By november decemver 2026 the bottom should be in. My guess is around 40-55k for BTC. When will I sell? 13-14 months after halving. I 100% got the bottom in 2022 and missed the top by not much tbh. It was the same time playbook that worked in 2017, and worked 2021, and worked again 2025. 2021 I lost 100% what I invested in the LUNA FTX crap. Never again. I myself will only buy BTC. Again, around nov 2026 and sell around 13-14 months after halvint whenever that is. This is not financial advice, this is just what a crypro veteran who got 100% wrecked did this time and will do again. Hold right now if you want. But Hold BTC. HOLD ONLY BTC. I would sell everything, even BTC, and way for nov 2026, but if you hold BTC i wouldnt blame you. I hold now what would be over 8 figures of alts at ATH, that are cents. Even bluechip alts like DOT and AVAX that I hold since 2021 ATH still wrecked me to hell. I would never in a million years hold alts agains, even ETH. Buckle up kids. The bear market memes are always amazing. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Agreed. There is always a catalyst. Mt Gox, FTX, LUNA, ect. The catalyst this time is MSTR is blowing up. They borrowed billions and have been buying the last couple years. Well they are out of money and their stock has burst. So they will no longer be buying and will likely need to become sellers to cover interest payments. Many saw this coming long before it happened. Somehow Saylor is still in denial about having to sell BTC. The day he says it there will be blood in the streets.
Crypto treasure companies going bankrupt is going to be the next Celsius, 3A, Voyager, LUNA, FTX collapse. And then ppl will again call those black swans when the writing was on the wall. And there will be continued excuses for why we went lower. Obviously doesn't have mean it will happen, but gotta at least consider that it has a decent % chance of happening.
Here is just the list: • FTX • Alameda Research • Three Arrows Capital (3AC) • Celsius Network • BlockFi • Terraform Labs (LUNA/UST) • Silvergate Bank • Lykke Exchange
Imo it's the LUNA/UST of this cycle. Not a crime or a scam, but people got blown up. They're trying to pull a *pay no attention to the man behind the curtain* but just like UST, the bodies are going to start floating to the surface in the coming months.
I was an unfortunate $LUNA investor and finally got my initial determination of loss approved by the wind down trust today. Did any of you get this as well? There was a batch of investors that got an initial determination a few months back. Did any of you receive any sort of compensation from the wind down trust yet? There is a clause that says: “The Plan Administrator previously provided you with an Initial Determination which you either accepted or failed to timely dispute as of the Initial Objection Period deadline. Accordingly, you now have an Allowed Crypto Loss Claim as listed below. Please note that your Crypto Loss Amount is not the amount of your eventual recovery or distributions from the Wind Down Trust and your distribution may be materially less than the total amount of Allowed Crypto Loss Claims.” Anyway, I’m happy that it’s moving in the right direction and that I finally heard something back. A bit trepidatious about this little plan admin clause though.
Still holding g tight to that $LUNA?
Don't regret BTC at all. Made life changing money. I regret any and every alt coin, even the ones I eeked a profit out of after multiple cycles. I'm mostly pissed at everyone in retail who wimped out and gave up after that series of bankruptcies that occurred after the LUNA crash. All you had to do was not give up and keep buying, and this bull run would have been just as great as the last ones. We are damn lucky institutions have finally woke up and saved this bull run from being a total disaster.
I had $10k of LUNA staked on Celsius in 2022. Suffice to say that was a mistake. Since then I’ve just been slowly putting what have left each month in to Bitcoin and while I’m a long way from where many of you guys are, I’m doing better now. Time in Bitcoin is a great healer.
I had $10k of LUNA staked on Celsius in 2022. Suffice to say that was a mistake. Since then I’ve just been slowly putting what have left each month in to Bitcoin and while I’m a long way from where many of you guys are, I’m doing better now. Time in Bitcoin is a great healer.
This happened to me…. Specially FTT and LUNA took a big part of my money :( I was so disapponted that i stopped DCAing and THAT’S where I really fucked up
LUNA is what actually got me despising crypto. Slowly regained confidence in crypto after but it was a definite setback. There are people out there who help you recover your losses from the bs coins.
Remember LUNA? Full of morons.
I barely avoided losing $2K on LUNA a few years back, then withdrew everything from Celsius and Hodlnaut shortly before they went under. Lesson learned; chasing after yield in crypto is far too risky for my taste. The only thing about XMR that annoys me is the lengthy sync time for my wallet if I haven't used it for awhile.
Saw the same thing with LUNA and that crashed and burned tooo
I mean LUNA literally translates to MOON lol On a more serious note its a Teller incentive, they are giving a startup boost and later on its all gonna be organic
Too good to be true for me 22% APY on moon is crazy 🤪 Reminds me of good LUNA days 😂😂😂
> 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/?context=3
It would be mine too if it wasn't for LUNA
I'm sure it did you got an amount if you had LUNA at the time of the crash. However its been like 2/3 years
You can say everything you want but owners of FTX and LUNA are in jail now. CZ would be shitting his pants if he would act like this while Gary Gensler would still be in charge
He's been wrong a LOT. I don't want to go back and dig into how many foolish takes this guy has but just know he got a LUNA tatoo.
My name is Maximus Decimus Meridius, commander of the armies of Celsius, general of the Terra LUNA legions, loyal servant to the true emperor, Sam Bankman-Fried, father to a McDonalds son, husband to a rekt wife, and I will have my vengeance, in this life or the next.
I resonate with you because I also got destroyed by LUNA. The crypto market is not the same as it was during the LUNA era. It's mainly about BTC and ETH now, and some degenerate BNB and SOL gambling. My advice would be to not enter the markets currently, unless you want to dabble in BTC or ETH. I don't think that floats your boat but perhaps it's a good starting point. Right now is the period to do exactly what you're already doing. Ask around for advice, research, due dilligence. Play it safe, don't just jump ship. The crypto market is not like that currently, and may never be again. Follow finance and tech specialists on X, whom also talk and discuss Crypto. Don't follow the Crypto-only people, or people with a big following that basically know nothing about it. You can also try the AfterHour app, and see if you find investors there that tingle your interest.
Are those 10% calculated from the purchase price or from the value of LUNA at the time of the crash?
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)