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
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...
> That same Raoul Paul? This is the problem with crypto influencers. They generally become scammers. Raoul Paul went from saying, Bitcoin will go to over $1,000,000 and "It May Not Be Worth Owning Any Asset Other Than Bitcoin" https://www.youtube.com/watch?v=qL2LfVRl3J0&lc=UgyGXvIAJIMp6smyXfN4AaABAg.9F0Fy34gBfq9FEbbWCfnHg To shilling ETH and saying it will vastly outperform BTC in the long run. Then to shilling SOL. Then saying LUNA was THE investment opportunity of a lifetime and basically risk free money. > Staking Luna is basically risk free https://www.youtube.com/watch?v=KiYkiIjPIqU
Well the funds inf the form of "amount of token x" are safe on a cold wallet. But in case of sharp drops in value of that coin due to bad news or a so called black swan event (largest LP provider being hacked actually is quite bad), it doesn't really help to have your x amount of y saved if the value of y is 0 😅 take LUNA for example or stuff like Safemoon...
This sub also loved LUNA way back when.
FTX used other people's crypto, the dev is selling his own ETH that he has a right to sell. Who knows what really went down at LUNA, but it was pretty sketchy.
Bullish on FTT, LUNA & Safemoon 🤪😂
> you couldn't scroll one comment...I don't even know what point you are trying to make here. You're comments are all over the place showing you lost money or got scammed on one shitcoin after another. My point is that you're basically a shitcoin tourist, visiting scam destinations, losing your money and then claiming you made off like a bandit after some shitcoin pumps, saying I told you so. > *"Is LRC worth buying still?"* > Nah. Too much risk for too little reward. **A lot of better stuff to invest into. LUNA, FTM, DOT, SOL, MATIC** etc. Hell, even just BTC. https://old.reddit.com/r/CryptoCurrency/comments/s84kul/daily_discussion_january_20_2022_gmt0/htiwfpa/ > Can't believe I missed Luna at $63. Fuck me. https://old.reddit.com/r/CryptoCurrency/comments/s05h6y/daily_discussion_january_10_2022_gmt0/hs039za/ > SOL, DOT, Matic or FTM. Though FTM might be a bit overbought at the moment. I'm dumb and this isn't advice. https://old.reddit.com/r/CryptoCurrency/comments/s46hnr/daily_discussion_january_15_2022_gmt0/hsp9s3p/ > Bought my first sol at 200. 🤡 https://old.reddit.com/r/CryptoCurrency/comments/spkjnk/daily_discussion_february_11_2022_gmt0/hwjmgrd/ > Shorted Sol at 34.88. Closed my position at $32.16. Fuck me. https://old.reddit.com/r/CryptoCurrency/comments/yp9scs/ftx_token_ftt_just_dumped_25_400_million_in/ivi7gj2/
At one point TERA and LUNA had the "biggest community"
And the particles were destroyed nanoseconds later. Imagine the max price chart for Terra (LUNA) condensed into a few nanoseconds. The value of those lead particles would look something like that.
Intentionally or Unintentionally you skipped the biggest fraud he did. With bought BTC with community fund generated out of UST and claimed to use it to collateralize UST. But, when UST started to destabilize and LUNA started to spirally fall, he tried to use the BTC stash to save LUNA without community vote! WTF? LUNA was never a stable coin, but UST was. Why would you market dump a community owned collateral to back up another asset to save yourself and your friends? Can Saylor market dump Strategy's BTC holding without taking permission from Strategy share holders? I lost my life savings in UST and now waiting for the claim refund. I know the backstory in depth pretty well. DK is a criminal who destroyed my life savings and should rot in jail.
Good old times. I wonder how the guy who got "LUNA" tattooed on his arm is doing now...
Thank you for looking at it. I've tried owning all these coins over the years with the exception of the stablecoins (tried sending between exchanges a few times, but the fees were higher than other options), BNB, and one very lucky chance. Coming out of the 2021 cycle, "which of the top ten coins should I buy, AVAX with the groovy Turkish guy or LUNA, pride of Korea?" Thankfully, I picked AVAX.
I loved LUNA. So glad I sold it all at $80 though lol
SOL, ADA, LUNA, DOT, AVAX, DOGE, BNB all saw over 2.5x in a few months in 2021. SOL alone saw an 6x from June to September. And obviously who can forget DOGE did something like a 14x in the first half of the year. Hell BTC did a 2x from summer to October in 2021. I somehow doubt you’ve been actively participating all this time if you don’t know just how quickly things can jump.
I've said, 2021 was probably a perfect storm for ETH's parabolic move. > 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/ Another factor I forgot to explictly mention was staking. My thoughts on staking and locking tokens in DeFi, etc is a complete scam. It's a false hope to gullible investors to lock up tokens to stabilize and/or pump prices while the insiders and founders dump premined tokens that they got for free. Here is my comment from 2022 > 320,000 out of the 400,000 ETH valdiators locked their funds after ETH started reaching ~$2,000 since February 2021. That is roughly ~10 Million ETH that are close to half or less when they were locked. Worse millions were locked away when ETH was $3,000 to $4,500. > Meanwhile the Ethereum Foundation cashed out 20,000 ETH at an ATH of $4,600 on November 11, 2021. Investors essentially gave away their keys and said they'd be happy to hold bags while the Ethereum Foundation cashed out ~$90 Million. https://old.reddit.com/r/CryptoCurrency/comments/vetn0v/daily_general_discussion_june_18_2022_gmt0/ictl4gx/
> I have learned to be bullish when the overall sentiment is bearish in this sub and reddit as a whole. Are people really this dumb? Do people really believe that basing your investment thesis on inversing /r/cc and buying a failing investment is smart. You know what they say about fools and their money... > ######"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/
> *"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/
Hey, he's still lucky. Had he been a BitConnect or LUNA holder, he'd be requesting euthanasia instead.
100% the only one anyone can confidently say will be around. Just go look at the top 10s from past bull runs. EOS, NEO, LUNA. All gone on the wind
Reminder ETH moves because it's a shitcoin casino with leveraged buys. Pretty much like LUNA. When the shit hits the fan, it's cascading liquidations in your face. I've been warning people about this... > Ethereum is a gambling shitcoin casino and a ton of its value is a mirage derived from stacking on-chain leverage in places like AAVE, Maker, etc. and when the shit hits the fan, you can have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/maodhx3/ ...mETH Heads are just starting to discover this. > The absurdity of meme coins like BTC and XRP, and their apparent "market caps" are borne out by their own lack of volume. In the past hour ETH cex liquidations are the same as BTC (x8 mcap), and exceed XRP by a staggering 88x (lol). Just goes to show what a meaningless metric mcap is. > *"That also can mean most ETH buy is on leverage, not spot if it is so easy to fall"* https://np.reddit.com/r/ethereum/comments/1k46i01/daily_general_discussion_april_21_2025/mocyfhr/
Solid hall of shame for you. BitConnect OneCoin SafeMoon Squid Game Token Terra LUNA Centra Tech The DAO PlexCoin PayCoin Coinye Trump List Nem/xem
Yes, I remember very well, that is when I bought some LUNA, FTX, CEL
Gary Gensler wasted public resources pursuing baseless legal battles and did nothing to stop FTX and LUNA scams despite all the red flags. And now he cares? Fuck him.
That is actually hilarious, returning BTC with Eth lol At least they didn't return it with LUNA or FTT tokens
Clearly it’s LUNA /S
The recent crash of MANTRA's OM token, which saw a 90% drop in value, was primarily driven by a cascade of forced liquidations and a highly centralized token supply, with 90% of tokens held in a single wallet. This situation mirrors the collapse of LUNA, highlighting the risks associated with thin liquidity and concentrated ownership in cryptocurrency markets. * [MANTRA's $5.4 Billion Crash: How Supply Control Led To Disaster](https://www.forbes.com/sites/aliceliu/2025/04/14/mantras-54-billion-crash-how-supply-control-led-to-disaster/) * [Nomura's Laser Digital Denies Involvement in Mantra Crash](https://www.coindesk.com/business/2025/04/14/nomura-s-laser-digital-denies-involvement-in-mantra-crash) * [Mantra bounces 200% after OM price crash but poses LUNA-like ...](https://cointelegraph.com/news/mantra-om-price-crash-bounces-200-luna-risk) ^(This is a bot made by [Critique AI](https://critique-labs.ai). If you want vetted information like this on all content you browse, [download our extension](https://critiquebrowser.app).)
Smart Money Inverse Reddit > ######"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/
Isnt it just very dumb what dev of MANTRA did? Didn’t he see what happened to the owners of LUNA and FTX? This rugpull will lead to jail.
tldr; Mantra DAO’s OM token experienced a historic 95% crash, wiping out $6 billion in value within an hour, marking one of the fastest collapses in DeFi history. The drop, attributed to liquidations on centralized exchanges during low-liquidity hours, raises concerns about the DAO's financial stability and trust in DeFi. Speculation surrounds large token transfers and investor actions, with Mantra denying involvement. The crash highlights vulnerabilities in decentralized finance, echoing past collapses like Terra LUNA, and leaves the future of OM uncertain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Even then its not even remotely similar. Luna tanked because it correlates to UST (US pegged Terra) This is explained in a little detail on [wiki](https://en.m.wikipedia.org/wiki/Terra_(blockchain)#:~:text=In%20May%202022%2C%20the%20Terra,the%20company%20filed%20for%20bankruptcy.). Tldr: mass withdrawals from anchor led to UST de-peg. To balance ust back to $1, LUNA needed to be sold. As consumers lost more confidence, more ust was shifted to other stable assets, and in response MORE luna was sold. Large parts of this is also automatic, luna is sold to balance ust back to peg. Completely different to mantra aside from price action
tldr; Mantra's OM token rebounded nearly 200% after a 90% crash, following allegations of a rug pull scam. Co-founder JP Mullin denied the claims, attributing the crash to forced closures by centralized exchanges. Despite the recovery, skepticism remains due to the project's tokenomics changes and parallels to Terra's LUNA collapse. Analysts warn of potential further declines, with OM's structure resembling a bull trap. OKX CEO labeled the situation a 'big scandal,' and further reports are expected. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
More like a mini LUNA lol
If 5 billion disappears in less than an hour you can be sure someone will look into it. It gives off some serious LUNA vibes.
Very similar to Terra LUNA lol. A crypto that was massively overperforming even BTC and then suddenly collapses to zero.
> ######"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/
I need them to use CRO and LUNA, please.
I thought this was known like since LUNA crashed or I’m missing something?
tldr; Researchers from Queen Mary University of London have uncovered evidence suggesting a coordinated effort by a small group of traders to cause the $3.5 billion collapse of the TerraUSD stablecoin and its partner currency, LUNA, in May 2022. Using advanced mathematical tools and trading data analysis, they identified unusual patterns where five or six traders dominated the market, likely shorting TerraUSD to profit from its failure. This research highlights the potential for mathematical tools to enhance transparency and security in financial systems. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
They bought LUNA. They clearly don’t do much reading or risk analysis 😂
I'm with you. I sold 2/3 - 3/4 of my LUNA like 2 weeks before the crash due to sheer, dumb luck. It was quite a few thousand. I lost a couple thousand in the crash, but all I could feel was how lucky I was I had sold the rest (at a profit.) I still have that LUNA in my binance account as a reminder to not be a greedy dumb fuck.
What I don’t understand is how a system like LUNA doesn’t create a fail safe for this exact eventuality. I mean a simple circuit breaker style function comes to mind. Is that just too big a scale to program? What am I missing? Is it all hubris?
This is the one where the founder practically invited people to attack the TerraUSD-LUNA peg?
Oh man - TerraUSD and LUNA hitting rock bottom. Evergrande crashing, burning, and taking the whole stock- and crypto markets with it. Those were the days.
>The team's analysis revealed that on key dates, just five or six traders accounted for nearly all the trading activity, with each controlling almost exactly the same share of the market. This level of coordination is virtually impossible by chance in a normal trading environment and strongly suggests that these individuals were working together to trigger the collapse. It proves what people were already saying back when it happened in May 2022: that this was a financial attack, with the purpose of destroying the Terra-LUNA ecosystem. But the question remains, though - who might be responsible? You need a loooooot of money to pull something like this off.
Number 1 advice on r/cryptocurrency has always been "Just buy and hold BTC". NOOBs think every shitcoin rises from down -95% to pump 20X just because SOL did. /r/cc and crypto sentiment is right on this almost every single time when coins are declared scams or dead. > Look at all the paid shills in here, the ripple marketing campaign has no limit to where its paid shills pop up. We're talking about a token which is utilized by literally no institutions, is fully centralized, closed source, printable, all nodes owned by ripple, and vast majority of supply owned by ripple (which has a team full of bankers), only to be sold or distributed at their will. (January 4th, 2018 XRP $3.20) > The more I see these regarded anti-Ripple FUD posts on this subreddit the more I laugh. Please, by all means, sell! > i bought more after reading this https://np.reddit.com/r/CryptoCurrency/comments/7o6u64/sold_my_all_ripple_after_reading_this_just/ > *"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/
tldr; Researchers from Queen Mary University of London have uncovered the mechanisms behind the $3.5 billion collapse of the TerraUSD stablecoin and its associated LUNA currency. Using advanced mathematical techniques, they identified suspicious trading patterns suggesting a coordinated attack by a small group of traders. These individuals controlled nearly all trading activity, destabilizing the system. The study introduces new tools for analyzing cryptocurrency markets, offering insights for regulators and investors to mitigate risks in the volatile crypto space. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I personally started to believe we were entering a bear market after the LUNA crash in May 2022, with full confidence by the FTX fiasco. My feelings are not the same as they were back then, that may be in part because I am up a lot from buying BTC that whole time period, but I can say the space has completely changed since 2022. Alts don’t have the ETF’s and institutional interest that Bitcoin has, so we can’t expect things to play alike.