Reddit Posts
Luna Classic BURN VS "SECRET" PUMP OF TERRA VIRTUA 🚀🚀🚀HODL-ing both haha!! (predictions)
Network which @rapidlabsfin Auditing service covers are #BSC, #ETH, #TERRA, #AVAX and any other #EVM networks. While #NFT, #DEX #ERC20 auditing results comes faster than they rest. To get started check out https://t.co/EalXn9AbOt . #Auditing #Security #Tokenomics
An Initiation Report on TERRA 2.0 (LUNA)
MiniKhabyLameInu will provide decentralized p2p and self-custody wallet network, putting the private keys in the hands of their users | Ready To Launch |
| Terra 2.0 | Next Most Stable Coin Launching On BSC Network | Fair Launch In 15 Minutes | Don't Miss This Version 2 |
If the bear market is going to make more casualties, what coin/token would be a huge loss to the Crypto tech universe for you?
Kucoin for crypto & webull for stocks!
Luna 2.0 came out and it was terrible. We take a different approach at Terrabull
TERRA - a post mortem, is my thesis correct?
LunaRise - Lunching on PCS today, 19.30 UTC | Hyped launch | Trusted dev | Luna Buyback wallet| Huge Marketing campaign incoming
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community! Recover LUNA losses on this project!
TerraFied is taking BSC by storm! Recover LUNA losses on this project! $44k mc super stealth launched! Great entry now ATH of $120k! Low 5% taxes, strong community!
Terra-fied [$61k MarketCap] Just super stealth launched on the BSC network hours ago! Low taxes 5% both ways with anti-whale contract!
Terra-fied [$39k MarketCap] Just super stealth launched on the BSC network hours ago! Low taxes 5% both ways with anti-whale contract! New
LunaRise - Fairlaunch on pinksale now live | Helping people understand appropiate risk management | Luna Buyback wallet | Trusted dev | Huge Marketing campaign incoming
Terra-fied [Low MarketCap] Just super stealth launched on the BSC network hours ago! Low taxes 5% both ways with anti-whale contract!
Terra-fied [$86k MarketCap] Just super stealth launched on the BSC network hours ago! Low taxes 5% both ways with anti-whale contract!
TERRA LUNA - UPDATED REVIVAL PLAN! Honest Thoughts?
Terra-fied [$86k MarketCap] Just super stealth launched on the BSC network hours ago! Low taxes 5% both ways with anti-whale contract!
Terra-fied [$106k MarketCap] Just super stealth launched on the BSC network hours ago! Low taxes 5% both ways with anti-whale contract! New ATH***
Terra-fied [$110k MarketCap] *Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied [$62k MarketCap] *Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
How to Get the NEW LUNA token on NEW TERRA Chain! Buy UST?
Terra-fied [$58k MarketCap] *Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied [$30k MarketCap] *Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied [$30k MarketCap] *Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied | Low MarketCap | Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied | Low MarketCap | Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied | $24k MarketCap | Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied | $20k MarketCap | Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied | $16k mc Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
Terra-fied | $3k mc Just super stealth launched on the BSC network! Low taxes 5% both ways with anti-whale contract!
TERRA - a post mortem, is my thesis correct?
A common mantra here is not to keep everything on exchanges. However, the biggest losses last week occurred from coins in private wallets and staking
People were warned about Do Kwon and Luna for weeks, but sources were scoffed at and suppressed. Here's a list of sources and information regarding the events that have unfolded.
TERRA USD (UST): Is TerraUSD a better alternative for Tether (USDT)?
Forever Terra | is an immersive and powerful BSC token designed to be the main currency on our Metaverse | Stealth Launch Soon |
Just Like TERRA LUNA, Dogecoin Might Collapse Due to Lack of Real Use case
Late last year (Dec) and in January of this year, so-called Macro/Crypto expert and Former Goldman Sach exec (if that means anything), Raoul Pal predicts that LUNA/TERRA will Outperform ETH. His RealVISION and NO VISION!!! LUNA CRASHED 100%!!! Literally to $0.00/UST. LONG & STRONG ETH!!! GLTA!!!
Late last year (Dec) and in January of this year, so-called Macro/Crypto expert and Former Goldman Sach exec (if that means anything), Raoul Pal predicts that LUNA/TERRA will Outperform ETH. His RealVISION and NO VISION!!! LUNA CRASHED 100%!!! Literally to $0.00/UST. LONG & STRONG ETH!!! GLTA!!!
What The Banking World Can Learn From The TERRA Tragedy
What happens to all the technology and tools developed for the TERRA ecosystem?
TERRA is now going full mental - "The community is deciding on a new @terra_money , between restoring a snapshot prior to attack..."
Do you need any more reasons to move your money out of CEXs?
The Whole TERRA/LUNA Debacle in 20 Seconds
| Buy Terra | We are building the first NFT Artist Management Platform worldwide, which is going to revolutionize the NFT Industry | Hold And Earn 6% Luna |
Do NOT buy, long or short TERRA/UST right now. No matter how tempting it is.
let this be a lesson: do not disrespect the king!
| Buy Terra | We are building the first NFT Artist Management Platform worldwide, which is going to revolutionize the NFT Industry | Hold And Earn 6% Luna |
TERRA UST CRASH JANET YELLEN CRYPTO REGULATIONS - Algorand Napster - Australia Bitcoin Spot ETF
I kinda see the UST saga as a good thing
The LFG Bitcoin wallet is now completely empty. This is the reserve for the TERRA ecosystem to support the UST peg. At a loss of almost $500m, it has been completely drained.
I warned people two days ago about TERRA-LUNA. The post was not well received by many.
TERRA LUNA has dropped almost three times as much as the majors in the last two days. The risk to the UST peg is being exposed.
Lost over 10,000$ worth of LUNA, accidentally sending to the wrong blockchain (sent through ETH blockchain) from MetaMask to Binance Exchange. Is it possible to recover funds?
Why is USDT still the 3rd crypto for market cap?
Welcom to DragonSB Inu | a blockchain open world MMORPG play-to-earn on Terra Protocol & BSC | Stake now to get up to $50.000 | Terra protocol Launch Tuesday 21nd April, 3 PM UTC!
LUNA ( TERRA ) UST Shopping again. This time over 175 Million $$$
Luna ( TERRA ) UST stablecoin bought over 4000 BTC worth 175 million $
LUNA ( TERRA ) UST bought over 4000 BTC worth 175 Million
Ok I admit it. I don’t understand TERRA LUNA at all, but I’m still making money from it.
AVAX, SOL, TERRA & NFTs with FLOW and Immutable
Invested in DeFi ? How to easily track your portfolio cross blockchain
$TERRA money and its algorithmic Universe 🪐| Breakdown Analysis | Long DD
RoboHero and Luna — start of the great partnership!
Will the Ethereum's dominance in DeFi ever be challenged by the so-called "ETH-Killers"?
Could crypto trading bots create a short opportunity?
RoboHero and Luna — start of the great partnership!
If a bear market hits, these coins will certainly survive a bear market.
Cyber Monday Mega Meta Christmas Crypto Super Duper Flash Crash Sale
Mentions
An 8 month old small-cap project cannot be proven in my opinion. Saying this as someone who burned a bit of money with TERRA.
lol winners win yeah look at TERRA LUNA was winning the competition and then dead… this is an iron competition not a friking marathon kid, pray that link have a good complying team and are doing the things by the book with the GOV because crypto have a worthless mantra that they will exist over GOV regulations, sayonara!!
No offense, but you have zero understanding of marketcaps, and the peg of LUNA to UST. The fact that you referred to it as 'wrapped' Luna, suggests you don't even understand pegged tokens versus blockchains. I would suggest you go back and [read the posts](https://np.reddit.com/r/CryptoCurrency/comments/um4k8s/ust_a_stable_coin_is_currently_down_14_this_is_a/) that were being made during the collapse of TERRA's ecosystem.
You really just proving my point and you dont even realize, USDC is dangerous. But you guys always call it FUD, just like TERRA and CRO. FTX and SOL are dangerous too.
im still crying TERRA's of despair
TERRA GOLD JUST LAUNCHED, Get $LUNC Every Hour https://terragold.space/
I still remember this sub watching the dumpster fire get bigger and bigger. The collapse of TERRA was fascinating to watch in real time.
We had people questioning the UST/TERRA mechanism and everyone was shrugging it off with: "they got thousands of BTC as reserves". I actually remember posts where people were calling it a ponzi and others were saying "its revolutionary" I was searching the consenus on Anchor protocol and everyone was like "risk free", "its a stablecoin, can't go wrong" Yeah, there were tons of people who were ignoring the red flags that unfortunately, were only brought up by the minority.
50% might be achievable in the short term, but "The Flippening" has already begun. Since early 2021, Ether has been gaining a quite steady hold. Since June 2022, Ether has reversed trend with BTC and stablecoins, all of BTC, USDT and USDC have been losing ground to it. Another TERRA event could trigger a short term flip, or if something else catastrophically affected the Ethereum network. Beyond that, it's just going to be a slow bleed. Stablecoins have not helped BTC's case at all, i don't understand the narrative here. Stablecoins and BTC have followed the same trendline for 2 months straight.
With your coment i can already see you dont like cardano, well i am sorry to break to you but Cardano right now is the most decentralized chain after BTC, and at least as much as ETH , but you are free to speculate what can happen if Charles leave. About AVAX right now they have already 1226 validators, and when the requisites get lower with governance the number will skyrocket. This bear market was good for some coins, and they grew a lot. Aside from TERRA, SOL and CEX tokens there are a lot of progress.
Agreed. It's way easier to bounce back when you're young. Although I really hope people would stop trusting random centralized crypto entities or even projects (Looking at you TERRA), with their retirement funds. Like it or not, retirement funds and government-backed go hand in hand..
I remember being told that TERRA was a Ponzi scheme here / pyramid scheme. Would more or less say it's a pyramid scheme, bit regardless, saved me some money.
40 billion USD were stolen in 3 days in the TERRA/LUNA scam and nobody batted an eyelid. Some losers steal 1.5 million USD and they're jailed and made news of. Welcome to the real world.
We learned nothing from TERRA?
I'm loving the 'every project that still exists is robuts/stable' - yes but that didn't stop LUNA/TERRA or Celsius or 3AC crashing - despite them being on this supposedly 'anti-fragile dark forest' where everyones mistakes are a learning curve you are very naiive and so beautifully optimistic I almost want to hug you and pat your head
Gemini is offering 6.90% interest on GUSD and higher rates on some other crypto. How can they pay rates higher than banks without either: 1. Running a ponzi scheme. 2. Loaning funds to clients who are probably running a ponzi. [Binance offers 10% on BUSD.](https://www.binance.com/en/earn) Again, how can they pay those rates when no other bank can unless one of the two points (or both) apply? Coinbase will go bankrupt at the rate its going. It lost over 80% of its stock value and have added bankruptcy disclosures to its last quarterly filings. Anyone not seeing the writing on the wall here probably also thought TERRA and UST was a safe investment.
If TERRA LUNA had dropped their rates to realistic levels earlier, they might still be around. Smart move by crypto.com
It already has with still growing amount of new coins or tokens for all sorts of purposes over 20k now I remember when it was just 1 literally. Then the next 100 coins made that are or aren’t here anymore or have an value. So what are the types of cryptocurrency? We have the main 7 but there are more.. this 7 includes utility coins, payment coins, security coins, and stablecoins. There also are DeFi Tokens, NFT Tokens (non fungible Tokens) and asset-backed tokens. Of all these types cryptocurrencies, the most common are utility and payment tokens. These do not have their investment-backed or guaranteed by regulation. Also it’s IMO with the BIG DOGS or top 5 or top 10 (not including stablecoins) this “Crash” or “Recession” will not hurt these coins or tokens long term. It will To Some Extent yes.. Like anything everything has a ripple effect in more ways that anyone can physically imagine regarding anything in the space time continuum. The only reason one of these coins or tokens would drop to a minus 99% or even minus 80% then that might cause them to “die” but this would be an external or internal issue or feature or say leaked information shared they had hidden or whatever that makes them loose their finacial backing and or trust from consummate or any of their stakeholders. But that’s not to mention we don’t know what this will of ever it is that comes to the surface that makes the coin dive into the sea to drown. Simple recent example $UST as quoted on r/coinmarketcap “The Terra blockchain has officially halted and $UST has remained de-pegged from the US dollar since 9th May 2022.” It’s screwed millions of people millions of $$$$$ dollars or billions of $$$$$. Even with forking the market to have $USTC Luna Classic USD that just FAILED as soon as they did it. So now they need the 99.5~% gain from current price to hit the initial listing or wanted price of $1 USD. Will this happen??? i think the fuck not.. if they do Without Manipulation then they will possibly reclaim some name if they haven’t already changed their company name by then. So say they (Terra) are ON course to deliver back to those people Who lost millions and had their $UST turned from $0.90 at the lowest “Stable” or whatever it was before it felt like a bullet shot from a plain to the ground… hitting $0.01 and now sitting on $0.005 half a cent. So they fork it… “fixes things all the time” not here. They made $USTD LunaClassicUSD they call it. To me it sounds like UntilStableThyDie lol just made that up.. it’s a bad game if you trade it for short gains go for it. But know your taking from some one who is Hodling their forked coins or brought coins hoping for a miracle 10-100x which COULD HAPPEN. BUT lots need to go nearly perfect to have this happen. TERRA need to give their LONG TERM CRASH EFFECTED HOLDERS large dividends (not real dividends) we don’t have that but instead staking or liquidity pools or just holding in wallet.. but TERRA NEEDS TO give out MORE USTC AND THEIR OTHER SHIT COIN to their whole hearted investors pre crash. Despite the reason the company NOW having the obligation to for fill for real!
TERRA UST has a little boner today. 👏🥳👏
It was fraud! You cannot guarantee that high of return and keep in business. Any coin is doomed if they offer that junk. They will all fall like dominoes. LUNA/USD/TERRA and Celsius is a just the start. Get ready for the big old hammer coming soon.
Didn't watch the TERRA saga?
I voted without checking the tweets. There is another do kwon tweet which is way worse in which he's making fun of another Twitter post explaining how millionaires could destroy LUNA and TERRA... Just for it to happen a few weeks later..haha
So many comments saying "Stock market is a scam because of 2005/LIBOR/2008/..." So TERRA/LUNA, Celsius shutdown, 3AC and hundreds of (actual) ponzi schemes and suddenly vanishing shitcoins are all 100% legit and safe then? I don't know who needs to hear this, the stock market IS a million times more regulated and therefore safer, than crypto. (The same people that think crypto is awesome probably think Do Kwan is the best thing that ever happened and don't know why everyone is upset about Terra/LUNA because its crypto therefore awesome by default) There is a reason why everyone in the 150+ years of stock market histories, can only point to the same dozen or so cases of failures (after each failure, the stock market was regulated so that the same failure could not happen again) and if you think the stock market isn't criticized, well let me introduce you to the US Securities and Exchange Commission, it's literally their job to criticize the stock market and make sure it is not fucking up /s But crypto - fuck me we have loads of the same scams happening every week, but nothing changes If everyone here believes so much in crypto, go put 100% of your life savings in it, then come back to me in five years, if you are still here, and then say how awesome crypto is - or even better, educate yourself - there is this amazing thing called the internet, you can use it to find out information
Well, I'm still hurting from the pound of flesh I left on UST! So I'm avoiding logarithmic stablecoins for now, but actively looking for alternative stables. It's important that Justin Sun mentioned he learnt with TERRA's mistakes, but more & different mistakes can happen, that's why I believe that multiple mechanism could and should be used to avoid another LUNA to happen! Either using CASH to back it, low to no leverage, synthetic assets as DAFI, or anything else, ideally all of them and more! The bottom line is that even stablecoin holding should be diversified!
USDD has the potential to kill TRX just like TERRA LUNA.
According to its Whitepaper, USDD is not yet collateralized by TRX (the same way TERRA/UST was). It is expected to happen in November 2022. That's when it's probably going collapse if history is anything to go by.
that proposals can be the solution they just need to test it BUT in my opinion this will not be easy for TERRA. Breaking confidence is hard to restore.
Yeah, people aren't scared if their BTC's value in $ is dropping, people who invest in what looked like "okay" projects/exchanges are terrified in the face of this domino effect. TERRA/UST crashed, inflation scares investors, DEXes are hacked on a weekly basis, companies going insolvent etc. Begs the question, *are my funds safe anywhere?*
so much water to go past the bridge... ​ \- XRP vs SEC (which will define if Security or Asset) \- Tether implosion (do they have reserves or not?) \- capitulation of LUNA/TERRA \- capitulation of Shiba Inu \- capitulation of Dodge coin \- US+UK+EU regulation announcement \- US+UK+EU regulation implementation (it will take 2-3 years after announcement) \- War in Russia (how long will it last? Will it escalate to other European countries?) \- War in the world. Iran vs Israel. NKorea vs SKorea. China vs Taiwan vs US \- Interest rates from FED and EU rising in July+September ​ ​ Good luck with your buying I hope you are right. Myself will stick Gareth Soloway and wait for Bitcoin at $12,000 and Theta at $0,5
Contrary to what most people say on this sub, crypto will mostly follow stocks and more importantly the economy. If the economy is crashing, stocks and crypto will too with crypto taking bigger losses due to the high risk investment. See [TERRA](https://coinmarketcap.com/currencies/terra-luna/) as a classic example Some people lost everything and it was in the top 10 coins regarding market cap. It most likely wont go back up for a while. There will be times where all the top 100 coins will go up for a few days but i wouldn't get your hopes up. and please **DYOR.** Keep your money until everything calms down.
FUD can be a good thing though. Warnings of TERRA could be considered FUD and would be completely warranted. Ofc there are people out there that just exist to bring everything down without any good reason for it, but this is crypto lmao, there are tons of good reasons to be skeptical of just about every chain barring btc and eth.
The regulations make it more difficult for this type of company or institution to grow so much as to represent an enormous risk for thousands of investors. For example, under a correct US regulation (which unfortunately does not exist), TERRA would not have been possible.
individual currencies have 'failed' due to hyperinflation, and been replaced by other currencies; TERRA/LUNA has failed I'd argue, along with dozens of other coins that didn't survive various 'crypto winters', so both have had failures but crypto has proportionally had many more failures (both in terms of money lost, and amount of failures) in the past 100 years (1922-2022) there are less than 100 currency 'failures' (where currencies were worth so little and had to be replaced by something else) but in the past 10 years there has been dozens (at least) of cryptocurrencies that no longer exist, or their value has dropped so dramatically that they are 'worthless' - I'd argue that that is a failure just like in fiat currencies, except that in fiat currencies, once the value gets so low, they end up being replaced, with a lot of crypto, worthless coins just sit there still existing fair enough - I guess my terminology between broker/central exchange was confused
I heard there is this really great network called TERRA where you get great returns for staking on the Anchor protocol.
Haters are becoming silent, CRO, SOL and TERRA is enough said
Well TERRA LUNA founder should be in court for the ponzi he made...i aint doing no more gambling, just ETH BTC and some small caps that seem worth to me after big research. Recently i aped in AngelBlock, they will make sure that projects like LUNA can't even start with fundraising...No more greddy VC's
What a terrible and dangerous post. The first scenario will highly likely get you liquidated. Second one is speculative bullshit which will get you rekt. Incoherent drivel. Let me get this straight... You want to short TRX which just introduced a product that burns TRX supply and produces solid APY when TRX price barely moved. You compare it to LUNA which basically went up only for months and printed multiple 10xs before faltering. USDD has 700mil supply which is trivial compared to UST. USDD team has all the lessons of TERRA. Unless the macro shits the bed (which it might as well) you will all serve as a fuel of forced liquidations on the way up. Ironically you will probably be feeding the longs of the same people that shorted Luna. There will be time to short TRX... it is not today. Be safe out there.
Except that this isn’t actually true. I don’t have the exact ratio, but the total market cap of crypto is NOT equal to the total fiat inflows. Think of this toy example: 1. Crypto X has a market cap of 500 million USD 2. Whale A purchases 1 million USD of Crypto X 3. Crypto X market cap now has a market cap of greater than 501 million USD, because the large buy pressure is going to cause price appreciation for all of the assets held by everyone else in the ecosystem The optimistic case for crypto is that as more people use an ecosystem, it becomes more valuable for everyone involved. It is not simply as simple as “early investor takes the 3$ out that a new investor puts in.” Now, this also unfortunately works in reverse - when LUNA/TERRA crashed hard, the entire market cap could not be liquidated into an equivalent amount of FIAT.
I am rugpulled in TERRA we are all rug pulled in terra
Because most people are going TRON > USDD > [justlend.org](https://justlend.org) for 20+% APY Driving up demand for TRON in exactly the same way as TERRA.
People saw TERRA and thought "yeah but that won't be me, i'm smart and will get out first!" same as they did with Bitconnect and countless other ponzi nonsense. If you're a naive newbie and get caught up in this shit I feel bad for you but you should have read more first. If you're knowingly investing in this shit thinking you can time your exit knowing other people will get rinsed then you deserve to get destroyed and you absolutely will. You're going to be the exit liquidity for whales and VC money.
Tell this to ICP and TERRA investors
The implosion of TERRA has definitely accelerated TRX's recent rise. Something's rotting here.
>Reddit may have ignited the biggest spark in popularizing crypto Not by a long shot. Reddit has 0 impact in crypto. We have seen it over and over again DOGE,SHIBA,SOL,TERRA, 100k !!1 However, you can make money here. Moonfarm and enjoy the shitposting!
what's with scum projects (Monaco, LUNA/TERRA) and rebranding themselves and people still trusting them? logic seems to be a finicky thing in the crypto world
and yet people still went straight to put their money into the *third* project of this mofo (Basis Cash, then LUNA/TERRA, and now this); sometimes I don't get how can people keep trusting these scammers
It was always known; for the crash to have brought the Sun (SOL) and Moon (LUNA) crashing from the heavens. For the meek shall inherit the TERRA.
TERRA never was a ponzi, just a project executed badly at one point.
Supposedly LUNAtics + foundet are relaunching a second TERRA to airdrop/do things without UST. They'll be airdropping to peeps and making more decentralized, etc. That's the rough summerization anyways.
I’m thinking about investing in the TERRA ecosystem. LUNA seems like a solid bet, from a tokenomics perspective.
The more news that comes out about Do Kwon and everyone directly involved in TERRA, the less likely a revival is in my opinion. Knew I should’ve completely liquidated at the ATH. Thankfully I took roughly 40% profit at the top, so didn’t lose everything. Thoughts go out to those that did… The entire Terra team need to pay for the pain they’ve caused.
You don't understand how this works at all "if UST is able to recover" HOW? 😆 UST isn't recovering dude....TERRA IS TOO DILUTED. It isn't a "decent gamble" because its 100 percent going to zero. Do some googling to try to understand how algorithmic stables work is my best advice for you to wrap your head around this.
Hello everyone, it's time to buy the crypto TERRA, make it go up and earn a lot of money, all together WE CAN!!! I've done it before, let's do it again!! let this message go viral LET'S GO!! TO SHARE!!!
If I were you, I would buy TERRA blockchain and start LUNA burning mechanism to help people recover their losses :\\
If I were you I would BUY TERRA blockchain and start burning mechanism to help people recover their losses.
How about the other girl named TERRA? does she kit know about her?
Do Kwan was taunting billionaires and VCs on Twitter, begging them to use that exploit. It was publicly known about for a very long time. Investors should have known about it, and the project knew about it and refused to fix it. Yeah the project should have fixed it, but investors should have left when they saw it wasn’t fixed. They should have sprinted away when DooDoo was on Twitter literally calling for an attack using that exploit. Investors could have saved themselves but chose not to out of greed. 100% their decision, therefore 100% their responsibility. Even before all that, IT WAS STILL A PONZI SCHEME. I’ll say it again. EVEN FROM THE BEGINNING, TERRA FELL UNDER THE LITERAL DEFINITION OF A PONZI SCHEME. People knew the 20% “guaranteed risk free” APY was unsustainable and extremely sketchy. But people wanted those returns, and chose to ignore the red flags. There. Is. No. Excuse.
Funny how everyone does their Due Diligence AFTER the con man is exposed by a scam that crashes. If this had put up DURING the LUNA / TERRA / UST frenzy, it would be dismissed as ‘FUD’. Compare and contrast with Tether.
Exactly and that's why we need some regulations so the dumb investors have some protection. TERRA was stupid since the start.
The FUD attacks by the shit banks here are obvious, they attacked TERRA now they smear Tether gleefully, look at all the little awards. They WANT the crypto collapse and they want it now. fuck these fuckers and fuck this subreddit for not having any anti-FUD rules.
Coinbase calls it Wrapped LUNA, Ledger calls it Wrapper TERRA. Are they the same thing?
When will my lost TERRA funds be SAFU?
A lot of bigger investors are trying to get out according to what I have seen. Just takes them time to get out. The TERRA thing woke people up to the risk. And I mean big time players like hedge funds. They are trying to get out but can't do it all in one go.
In his defense, LUNA and TERRA crash was quite unexpected but in the end they don't know anything we don't know which is nothing.
LUNA just crashed TERRA like a meteorite.
Will LUNA hodlers automatically get TERRA2 tokens ?
Absolutely not, TERRA2 might be "okay", but it will likely never reach the heights it once was at.
TERRA/LUNA IS MINTING MORE COINS AND DILUTING THE SUPPLY. CHECK ETHERSCAN. YES IM YELLING. https://etherscan.io/address/0xc6821958f8d73ad0819502c35e383db8d3077ea2
>Then what is Tether? Tether is a shitcoin backed by Chinese junk bonds (most likely). At least tether actually has SOMETHING backing it from a asset class outside of crypto! UST was supposed to be a algorithmic stablecoin..... It uses same asset class (crypto backing crypto) collateral to back it, so in the event there is a crypto wide market crash, the assets used to back the algorithmic mechanism are crashing in value at the same time! It's a fuckin BRAINDEAD idea! Your not hedged against the risk your trying to fight against..... Your backing assets are 100% exposed to the same risk! It's a recipe for disaster! Do Kwon was planning for the best case..... Not the worst case. He wanted BTC as a backing asset for the upside potential of holding it (essentially, he turned TERRA into an investment vehical to invest in BTC). Instead, he shoukd have been planning for the WORST CASE and using HEDGED ASSET CLASSES to hold backing value in that didn't closely track crypto market fluctuations! This fuckin idiot though doubles down and uses crypto to back CRYPTO! FFS! Imagine if this fuckhead had accumulated another few years of BTC backing and then was forced to dump it to try save his shitcoin peg! It would guarentee a multi year crypto winter! Do Kwon is a EPIC arrogant fuckhead!
Rate my portfolio… LUNA, TERRA, LuNaTeRrA, TeRrALuNa
I of course know of coinmarketcap and coingecko but I think that only looking at the market cap of a coin is not enough to rate a currency. Of course it should be a major criteria but if you look at the latest LUNA/TERRA debacle, it wouldn't have told you to stay away since it the market cap was quite high.
I wonder how is the cash out of profits at the end going to play with TERRA L. This is where you go in buy and dump and run with your profits and never look back .
Heyyy heyyyy heyyyyyyyyyygg wasawasawasawasawasawasawasawasawasawasawasawasa whats up TERRA LLLLUUUNNNNNAAAAA.
But TERRA means Earth... and thats where the price is gonna stay... xD
Pumping that shit and luring in retail (are you one of them? :D ;) ). The entity behind this must be up like 6500%. Daytraders are jumping in the boat etc. Go to TradingView and select TERRA on Kucoin. You see exactly where they bought a huge chunk (Volume). It will crash soon, I think. There are no buy areas above the current price. But hey, could be very wrong and this thing goes up another 10x.
TERRA can print infinity tokens to dilute supply as long as UST is still not pegged. Nothing can go wrong... /s
Probably not, there's another ALT coin that will flip ETH I will not name. It is not SOL, SOLANA is just a matter of time to do a TERRA
Seems like LUNA is doing a better job at being a stable than TERRA
Have you ever tried to build a house of cards? I suppose I didn't expect TERRA/LUNA would fail in the dramatic way it did in particular, however, from where I was standing the whole situation looked ridiculous. I made sure to stay far away from it. So many people boarded the hypetrain. Saying that it was impossible to see coming. I don't think it was. Just like the great NFT crash. Don't expect stuff built on just hype to be around forever. All you have to do to realize this is take a look at what coins were around 5 years ago and aren't anymore. The thing they were trying with UST had been done and also failed before. [Terra/Luna vs Iron/Titan - too similar?](https://np.reddit.com/r/CryptoCurrency/comments/oxado9/terraluna_vs_irontitan_too_similar/)
I consider my Luna lost. If they manage to salvage anything, good. I can't blame them for trying. In my opinion the most reasonable thing would be to create a new token to replace LUNA (call it TERRA for example, as the chain), airdrop it to blockchain users based on their holding before the depeg and make it the fee-paying token for the Terra blockchain. For a while it would work as a smart chain layer 1, which has done quite well so far. Even while congested because of the depeg frenzy, Terra kept operating very well and none of my transactions failed or took too long. That's already better than what I've seen happen in most of the other layer 1s during congestion. Then a new FULLY COLLATERALIZED (enough with the algorithmic stuff) stablecoin could be issued. But only after some thorough evaluation and planning. And last but not least, Do Kwon should step down, sell all his shares in Terraform Labs and stay away from crypto forever. No way I am putting even 1$ in anything related to that clown anymore.
I only did it for bragging rights. I can now say without lying that I lost 250K on LUNA. So long as the person I'm bragging to doesn't ask any inconvenient question. I'm not trying to sound like one of those hindsight experts but I didn't like LUNA/TERRA from the start it seemed to me at least a little too good to be true so I didn't buy. Many people did and some of them are probably still staked(not sure how long the staking period was/is.) <rant>The commenters that are mocking and being unkind to those that invested(some investors have been completely destroyed) are the worst type of human beings. Nasty, sociopathic monsters who revel in other's pain make me sick and they are beneath contempt. I wish there was a way to add notes to accounts so as I have a constant reminder of the type of person they are.</rant> NOTE: This rant wasn't pointed at you r/lapatee Just clarifying that just in case it might be misconstrued.
Newbie here… if i invested $50 into TERRA LUNA and it’s no longer in my assets it’s gone for good I’m guessing after what happened??
Luna is worth less than a dollar 💀. RIP TERRA
We've all witnessed a *TERRA* attack that was unimaginable *>I'll see myself out*
I think the LUNA/TERRA fiasco will support the push for CBDC's
I BOUGHT TERRA AT $2 ​ In february 2021...