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TITAN

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r/SatoshiStreetBetsSee Post

TitanX Coin - virtual mining coin with crazy potential ROI

r/CryptoCurrencySee Post

The Best Hardware Wallets

r/CryptoCurrencySee Post

Sometimes, the best thing you can do is listen to a anom. I tried to understand the good points of LUNA and tried to advise the bad side to the community!

r/CryptoCurrencySee Post

If you're thinking about buying LUNA now, because you'd make a ton of money even it just went back to a fraction of its former price you'd make a lot of money, check out what happened to TITAN last year

r/CryptoCurrencySee Post

If more stablecoins get rekt, it will be a call for stablecoin regulation and a huge priority concern to adapt CBDCs for “your safety”

r/CryptoCurrencySee Post

UST Peg Mechanism

r/CryptoCurrencySee Post

Crypto is the Great Equalizer

r/CryptoMoonShotsSee Post

SHIBA TITANS Launching Tonight! —-Super Based Team Fully Transparent | LP Locked |BIG Marketing BUDGET | Shiba Titans ($TITAN) is on the hype train with BAYC + ApeCoin and we all know how hyped that was, similarly $TITAN will be a token on the Ethereum Smart Chain for their NFT Metaverse Project!

r/CryptoCurrencySee Post

Not everything is a rug pull

r/CryptoMoonShotsSee Post

$TITAN | Strategise, battle, and win in Meta Titan’s battle arena | For every battle won, players can earn up to $300 | Make a fortune in Meta Titan! | Launching Now on BSC!

r/CryptoMoonShotsSee Post

Gambling Society - Safe Dev - Poker Community - Trending BSC Token - Huge Influencers On Board

r/CryptoCurrencySee Post

TITAN is our DOGE

r/CryptoCurrencySee Post

Stop Listening To Billionaires

r/CryptoMoonShotsSee Post

👾Hubber - the Gamers Hub - is a dedicated Gaming & E-sports platform founded in Thailand and expanding internationally. 📹Watch and decide on the video we prepared for you in the Telegram group, check out the verified team and their past projects📅Presale on the 31st of January🔥

r/CryptoCurrencySee Post

Reminder to DYOR: Mark Cuban learned his crypto investing lesson the hard way after losing $200,000 on little-known TITAN token. "I should have done more homework on the little-known DeFi token before investing"

r/CryptoMoonShotsSee Post

🎮Strategise, 🔫battle, and win in Meta Titan’s battle arena. For every battle won, players can earn up to $300. Make a fortune in Meta Titan!🎠 Only 1 hour left for the presale, take your place now 🔥

r/CryptoMoonShotsSee Post

📆25th of Jan on Pink Sale at 2PM UTC 🎠$TITAN is a gamechanger in the gaming world. Play and earn while winning challenges. 🏹$TITAN is trending on all platforms.Take your place today 🔥

r/CryptoMoonShotsSee Post

📆25th of Jan on Pink Sale at 2PM UTC 🎠$TITAN is a gamechanger in the gaming world. Play and earn while winning challenges. 🏹$TITAN is trending on all platforms.Take your place today 🔥

r/CryptoMoonShotsSee Post

🎠Remember Wild Ones? Worms? Meta Titan is recreating the gaming experience of those shooter arcade games. 🕹But this time there’s a twist. You earn while playing! 📅Presale today take your place now 🔥

r/CryptoMoonShotsSee Post

🎮 $TITAN is having a presale on the 25th of Jan on Pink Sale at 2PM UTC 🏹Strategise, ⚔️battle, and win in Meta Titan’s battle arena. For every battle won, players can earn up to $300. Make a fortune in Meta Titan!🌋

r/CryptoMoonShotsSee Post

💮$TITAN is trending on pinksale! 🏹 The clash of the swap platforms is here.Meta Titan is a P2E game whereby avatars inspired by the swap platforms battle against each other in the arena to emerge with lucrative rewards! 📆25th of Jan on Pink Sale at 2PM UTC🔥

r/CryptoMoonShotsSee Post

🎮 $TITAN is having a presale on the 25th of Jan on Pink Sale at 2PM UTC 🏹Strategise, ⚔️battle, and win in Meta Titan’s battle arena. For every battle won, players can earn up to $300. Make a fortune in Meta Titan!🌋

r/CryptoMoonShotsSee Post

⚔️The clash of the swap platforms is here. Meta Titan is a P2E game whereby avatars inspired by the swap platforms battle against each other in the arena to emerge with lucrative rewards!🏆

r/CryptoMoonShotsSee Post

Don’t miss the presale happening on the 25th of Jan!🔥The clash of the swap platforms is here. Meta Titan is a P2E game whereby avatars inspired by the swap platforms battle against each other in the arena to emerge with lucrative rewards!🌋

r/CryptoMoonShotsSee Post

🏹The clash of the swap platforms is here. Meta Titan is a P2E game whereby avatars inspired by the swap platforms battle against each other in the arena to emerge with lucrative rewards!🔥

r/CryptoMoonShotsSee Post

🏹Strategise, battle, and win in Meta Titan’s battle arena. For every battle won, players can earn up to $300. Make a fortune in Meta Titan! Don’t miss the presale happening on the 25th of Jan!🌋

r/CryptoMoonShotsSee Post

🎯Earn up to $300 per challenge won in Meta Tita! This game is changing the lives of gamers. Don’t miss the presale happening on the 25th of Jan!🔥

r/CryptoMoonShotsSee Post

🎯Earn up to $300 per challenge won in Meta Tita! This game is changing the lives of gamers. Don’t miss the presale happening on the 25th of Jan!🔥

r/CryptoMoonShotsSee Post

🏹The clash of the swap platforms is here. Meta Titan is a P2E game whereby avatars inspired by the swap platforms battle against each other in the arena to emerge with lucrative rewards!🌋

r/CryptoMoonShotsSee Post

🏹The clash of the swap platforms is here. Meta Titan is a P2E game whereby avatars inspired by the swap platforms battle against each other in the arena to emerge with lucrative rewards!🌋

r/CryptoCurrencySee Post

Shitcoins/Memecoins that got shilled by Celebrities and Billionaires claiming to be the "Next Big Thing" almost each one of them is currently down 70-100% from their ATH.

r/CryptoCurrencySee Post

You want to hear a cool story?

Mentions

Restaking is a high risk narrative that hinges on EigenLayer's success but it has nothing to do with the seigniorage mechanism of Terra or the likes of TITAN, or partially backed stables. Ether.fi isn't printing any tokens out of thin air. Every single eETH is backed by natively staked ETH that is being restaked with EigenLayer. It's higher risk than naked LSDs such as rETH or stETH but Ether.fi is no more a scam than Lido is, it's just inherently more risky due to the additional layer of EigenLayer.

r/CryptoMarketsSee Comment

TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

USDT only hold value based on the promise that if you take it back to Tether, they will destroy it and give you USD. The problem is that because we know that this tiny overseas company run by another tiny overseas company doesn't really have 85 billion, if there were ever a run on USDT, the value would collapse. Similarly to how IRON collapsed when TITAN did. The difference with USDT is that a lot of exchanges use USDT to allow people to trade in dollar equivalents, so chances are the collapse of USDT would have a domino effect on a bunch of exchanges, while dragging down the prices of BTC with it, particularly when exchanges are found to be running fractional reserves too (which they definitely do).

r/CryptoCurrencySee Comment

Lmao TITAN that’s a throwback. That’s the one that burned Mark Cuban

Mentions:#TITAN
r/CryptoCurrencySee Comment

Walk me through TITAN and Terra/Luna. How'd those end up. You may not like it, but improperly managed stable coins sure as fuck can cause problems.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Im afraid of algorythmic stablecoins ever since $TITAN and my PTSD only worsened when UST came by. Im done with those but it's more a trust thing than anything else. I dont understand them and I dont trust them anymore.

Mentions:#TITAN
r/CryptoCurrencySee Comment

This is not the first time Cuban has suffered crypto losses. When Iron Finance’s TITAN stablecoin collapsed in a supposed rug pull in 2021, Cuban lost an unspecified amount of assets. Furthermore, Cuban is the latest target in a string of high-profile crypto hacks and scams. Crypto exchange CoinEx reportedly lost $27 million in a hack on Sept. 12.

Mentions:#TITAN
r/CryptoCurrencySee Comment

I can’t believe this happened to such a TITAN of the industry.

Mentions:#TITAN
r/CryptoCurrencySee Comment

TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

Friendly reminder that mark cuban was involved in the rug pull of TITAN .

Mentions:#TITAN
r/CryptoCurrencySee Comment

Fortunately he ran fast on the TITAN project, otherwise he would have lost even more

Mentions:#TITAN
r/CryptoCurrencySee Comment

TITAN is the one that comes to mind when you mention this. I believe they were offering 50,000% APY at one point, before they subsequently collapsed. Even Mark Cuban got dragged into that one.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Yea for sure. TITAN was offering something stupid like 50,000% APY before it collapsed.

Mentions:#TITAN
r/CryptoCurrencySee Comment

I miss the days when Mark Cuban and I were losing money farming TITAN with our artificially pegged stablecoin IRON.

Mentions:#TITAN#IRON
r/CryptoCurrencySee Comment

I invested in TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

Yes, I still remember the TITAN he invested in

Mentions:#TITAN
r/CryptoCurrencySee Comment

"It was all in black and white how the math of the stable coin and TITAN worked. If I looked it was there—how much needed to be added in order to support TITAN and what would happen if sales overtook adds. I chose not to do the work."

Mentions:#TITAN
r/CryptoCurrencySee Comment

Good explanation, but I don't agree with your statement: "Without exception, every 'crypto' that came after Bitcoin was a group of people pulling together funding, pre-mining and doing ICO's on some form of copy of bitcoin, with the hopes of creating profit, much like any entrepreneur who forms a business and wants to offers shares in their business to investors to share in the profits." Ever hear of Digital Reserve Currency (DRC)? Ever hear of Iron Titanium Token (TITAN)? See 'HoweyTestFailures' for more info. Jending

Mentions:#DRC#TITAN
r/CryptoCurrencySee Comment

Not only did I buy my first crypto right at the tail end of the 2021 bull, I jumped headfirst into learning to code so I can switch careers and contribute to the space. Instantly fascinated with everything. I degen farmed on Polygon and Avalanche when Aave launched and everyone was giving free money for adoption. I also degen farmed about a half eth from the TITAN fiasco, just farming the TITAN token and selling it. I exited it the day before it collapsed, just didn't trust the APY and hype anymore. Apparently I'm smarter than Mark Cuban. I'm still here. Frankly, I've DCA'd enough <$2k ETH and <$30k BTC to bring my average down. I'm actually up a little on ETH. All of my shitcoin purchases are at zero, of course.

r/CryptoCurrencySee Comment

He’s truly a TITAN of the industry.

Mentions:#TITAN
r/CryptoCurrencySee Comment

And he invested in TITAN one year ago. Which was a complete scam. Lost his money and said crypto was a bad thing. The guys changes his mind too much for me.

Mentions:#TITAN
r/CryptoCurrencySee Comment

If you’re only in 110% I wonder about your commitment … add another 10% in TITAN and a dash of OneCoin and you’re good to go

Mentions:#TITAN
r/CryptoCurrencySee Comment

This is also the guy that invested in TITAN crypto scam. So I would be careful with what he says.

Mentions:#TITAN
r/CryptoCurrencySee Comment

I feel like FTT and TITAN are dead and have rugged already but I can definitely add HEX

r/CryptoCurrencySee Comment

LUNA/UST is the obvious answer, but it's funny how that fiasco unfolded pretty much in the same way TITAN/IRON did.

r/CryptoCurrencySee Comment

I’m most impressed by Cuban. He got rugged by TITAN and is still in the space. One of us (in mentality, not in portfolio size)

Mentions:#TITAN
r/CryptoCurrencySee Comment

Mark Cuban also got rugged by TITAN. He truly is one of us.

Mentions:#TITAN
r/CryptoCurrencySee Comment

The funny part of all this is that I have confused Kevin O'Leary with Mark Cuban. It's Mark Cuban, the guy from TITAN, Kevin O'Leary is the FTX guy and Novogratz the LUNA tattoo guy.

r/CryptoCurrencySee Comment

So both Kevin O’Leary and Mark Cuban lost money on the TITAN scam? [Cue laughter.](https://giphy.com/gifs/regalmovies-haha-lol-funny-dead-no-dannyglover-laugh-ohnoyoudidnt-done-omg-29HRejgahYenVsohB5)

Mentions:#TITAN
r/CryptoCurrencySee Comment

The same guy who in 2021 bought and shilled TITAN scam coin.

Mentions:#TITAN
r/CryptoCurrencySee Comment

TITAN, don't listen o famous people ever (Marc Cuban in this case)

Mentions:#TITAN
r/CryptoCurrencySee Comment

The Chair of the SEC - Gary Gensler - has said both Litecoin and Bitcoin Cash are NOT "Securities". They are, therefore, "Commodities". Consequently, according to the man in charge of enforcing the rules, they - along with Bitcoin - should be regulated by the CFTC, not the SEC. Furthermore, there are other coins that - by their very nature - are also "Commodities". Digital Reserve Currency (DRC), for example, and TITAN. These will also fall under CFTC regulation. All these coins demonstrably FAIL the Howey Test. Jending

Mentions:#DRC#TITAN
r/CryptoCurrencySee Comment

That's why I hold TITAN. Every coin in existence is held by the Community. There's no vesting schedule, no unlocking algorithms. The supply is fixed, the minting keys burnt. The developers have renounced the project. No one controls it anymore. That's why it can never be a Security. And that's why I hold TITAN. (I'd provide links to verify these claims, but this post would get deleted.) Jending

Mentions:#TITAN
r/CryptoCurrencySee Comment

anyone remembers TITAN ? the defi he promoted and gut rugpulled.

Mentions:#TITAN
r/CryptoCurrencySee Comment

If this guy could predict the future TITAN wouldn’t have went to zero and Voyager wouldn’t have become insolvent.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Surely TITAN is the future of finance.

Mentions:#TITAN
r/BitcoinSee Comment

Let's not forget that Matk Cuban is the same person who endorsed the infamous 'TITAN'. People, do your own research

Mentions:#TITAN
r/CryptoCurrencySee Comment

Isn’t this the guy who was scammed by the TITAN project for millions? Or am I confusing him with another “highly intelligent” rich guy? There are too many to keep up with…

Mentions:#TITAN
r/CryptoCurrencySee Comment

Be careful with this degen gambler. He bought and shilled TITAN.

Mentions:#TITAN
r/CryptoCurrencySee Comment

I'm not convincing you algo stablecoins aren't dangerous; all stablecoins, even fiat-backed ones, can be destroyed. I'm just saying some have clearly worked better than UST and TITAN, and you shouldn't make the assumption because they have the same label. That is all. It is no different than the buttcoiners saying all crypto will fail because some did.

Mentions:#TITAN
r/CryptoCurrencySee Comment

DAI was a bad example from me I'll admit, and I don't know much about TITAN besides it's collapse. >We've already dropped \~4x from the peak. So a 400% over collateral would be falling apart right now. That's only if no-one interacted with the protocol (as in minting/burning the the stablecoin or reserve coins). Minting and burning those coins requires fees that sent directly to the reserves. SigUSD is basically Ergo's version of DJED, and it has been pretty stable, even when ERG has been tanking this bear market.

r/CryptoCurrencySee Comment

Mark Cuban also believed in TITAN, so I would take this with a grain of salt.

Mentions:#TITAN
r/CryptoCurrencySee Comment

He doubled down when TITAN went to zero. Ran and hid when Voyager buckled bc his name was attached to it. Two-faced Mark

Mentions:#TITAN
r/CryptoCurrencySee Comment

> Voyager, TITAN, not the best track record. lol man that's only 2 trades. Such nonsense. Dude is super passionate about crypto and I've seen him do like a fucking weekend NFT project just to learn some shit. He's more into crypto than 99% of this sub from a passion perspective vs his money but also that as well.

Mentions:#TITAN
r/CryptoCurrencySee Comment

What is TITAN?

Mentions:#TITAN
r/CryptoCurrencySee Comment

Voyager, TITAN, not the best track record. He just has money so can say whatever he wants

Mentions:#TITAN
r/CryptoCurrencySee Comment

He truly is a TITAN of crypto

Mentions:#TITAN
r/CryptoCurrencySee Comment

now you’re using high school logic. LUNA/UST, 3AC, Celsius, Voyager, BlockFi, FTX, FTX-US, Alameda, IRON/TITAN all blew up in the last year or so. so over the last year or two, please tell me: 1. how many stocks in the Nasdaq/NYSE were uncovered to be actual ponzi schemes? 2. how many hedge funds in the US were stealing from investors? 3. how many banks have went insolvent from re-hypothicating funds?

r/CryptoCurrencySee Comment

TITAN-ic understatement

Mentions:#TITAN
r/CryptoCurrencySee Comment

Who invested in TITAN?

Mentions:#TITAN
r/CryptoCurrencySee Comment

Oooo that's awesome. I got pwned by TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

Don't forget Mark Cuban also had TITAN as big crypto opportunity, until it got rugpulled. That doesn't mean he's wrong this time, it just means take it with a grain of salt.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Snapshot soon,what fun post should post should i go with? So many funny words, like 'Luna', 'ICP', 'LUNC', 'TITAN', 'BONE', 'ONE', list goes on.

r/CryptoCurrencySee Comment

Currently sitting here reconciling my tax from around 16th June 2021 which was when TITAN collapsed and like me and many others, Mark Cuban also lost big time. The algo-stable that it supported IRON is still below peg and despite being a warning to us all about the prospect of an eventual collapse with LUNA/UST, well I guess there's a lesson in there somewhere. Anyway, hindsight is 20/20 eh

r/CryptoCurrencySee Comment

Don't forget his TITAN Finance shill. What a Rugpull that one was

Mentions:#TITAN
r/CryptoCurrencySee Comment

Umm what? He shipped TITAN which was one of the largest rugpulls ever. Didn't seem so sharp on that one.

Mentions:#TITAN
r/CryptoCurrencySee Comment

The warning signs were the previous collapse of the TITAN stablecoin. It failed due to the same reason - a depeg death spiral and occurred only a few months prior to TERRAs collapse. In hindsight, the other red flags were the 20% APY, and Kwon’s immature behaviour online.

Mentions:#TITAN
r/CryptoCurrencySee Comment

The fact that he fell for the TITAN scam?

Mentions:#TITAN
r/CryptoCurrencySee Comment

Who remembers the TITAN crash or SQUID crash from $2800 to 0??? Oh, that was real crash… ![gif](emote|emo_pack_1|dancing_wojak)

Mentions:#TITAN#SQUID
r/CryptoCurrencySee Comment

he is a good man ,he do something and i like he !he like TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

TLDR: Mark Cuban has an amazing track record with crypto advice ranging from TITAN to staking on Voyager. Following his great track record, he recommends you buy the meme coin DOGE instead of the smart contract blockchain ADA no comment...

r/CryptoCurrencySee Comment

Has he changed his mind on TITAN?

Mentions:#TITAN
r/CryptoCurrencySee Comment

I am sure he hodls ADA. I think he learnt with TITAN.

Mentions:#ADA#TITAN
r/CryptoCurrencySee Comment

I still remember when he bought TITAN.

Mentions:#TITAN
r/CryptoCurrencySee Comment

I thought they'd be talking about TITAN or OlympusDAO, didn't think Voyager was actually a Ponzi was it? Just poorly managed?

Mentions:#TITAN
r/CryptoCurrencySee Comment

The same guy that bought TITAN.

Mentions:#TITAN
r/CryptoCurrencySee Comment

I would say that buying TITAN was and is the dumbest shit ever and he bought and shilled it.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Yeah, the guy that shilled and invested hard in TITAN.

Mentions:#TITAN
r/CryptoCurrencySee Comment

No, Mark, investing in TITAN at a gazillion percent a day is the dumbest shit ever.

Mentions:#TITAN
r/BitcoinSee Comment

Hold up - What about TITAN? What about Digital Reserve Currency (DRC)? What about other Howey Test Failures? Jending

Mentions:#TITAN#DRC
r/CryptoCurrencySee Comment

I still remember TITAN and SQUID. Good old times. Its been 84 years....

Mentions:#TITAN#SQUID
r/CryptoCurrencySee Comment

He must be a victim of the “smart chastity cage” hack and is refusing to pay the ransom in BTC to have his penis unlocked. Must only be willing to pay in TITAN.

Mentions:#BTC#TITAN
r/CryptoCurrencySee Comment

They guy who bought TITAN. LMFAO.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Well, he believed in TITAN too.

Mentions:#TITAN
r/CryptoCurrencySee Comment

He’s put his full weight behind TITAN so….

Mentions:#TITAN
r/CryptoCurrencySee Comment

The guy that shilled and bought TITAN. Hilarious.

Mentions:#TITAN
r/CryptoCurrencySee Comment

The other stable coin that failed, like IRON or TITAN, already repegged... the problem is, he can't and don't want...

Mentions:#IRON#TITAN
r/CryptoCurrencySee Comment

Not surprised, this guy bought and shilled TITAN. Do you remember TITAN?

Mentions:#TITAN
r/CryptoCurrencySee Comment

I still remember TITAN. The first coin I saw die hard.

Mentions:#TITAN
r/CryptoCurrencySee Comment

Not to mention the mechanism by which USDC and Tether are created doesn't allow for the UST and TITAN death spiral to happen.

Mentions:#USDC#TITAN
r/CryptoCurrencySee Comment

After the IRON/TITAN and now UST/Luna algostable coin fiasco... I'm not touching these anymore with a mile-long pole. Crudely put, same shit...different smell. Once bitten, twice shy.

Mentions:#IRON#TITAN
r/CryptoCurrencySee Comment

Honestly I kinda like my second idea much better too. I was thinking about it a bit more and even if USDD depegs and then repegs TRX will most likely still be lower after the repeg just because there's no way around it: TRX will get minted and diluted when USDD is below $1. It seems like that the whole nature of minting and burning like this actually lowers the risk of the trade, and TRX doesn't need to hyperinflate and go to 0 for the trade to be profitable. Its kind of boggling my mind a little bit because it seems to me traders should be wise to this sort of thing now after IRON/TITAN and UST/LUNA. As soon as traders see a system like this depegging now why would they not all pile into it and 'push over the jenga tower?'

r/CryptoCurrencySee Comment

If we ever get back into a bull market, we'll probably get a new batch of new people. New people who weren't around for the Luna fiasco. They also probably won't be too familiar with what happened with things like ETC, ICP, TITAN, CRO, etc... And we'll probably have to teach them all over again about HEX and Safemoon being scams (if those are still going). There's gonna be so much we'll have to teach. And so many traps many of them will fall into again.

r/CryptoCurrencySee Comment

Isn’t this the guy who got burnt when TITAN crashed to 0? AKA LUNA before it was mainstream?

r/CryptoCurrencySee Comment

Burning mechanism for whose LUNA? LFG's? Investors? Who's gonna pay the price for burning their own billions of minted LUNA? I seriously think it's going the way of TITAN/IRON finance and the sooner people can accept this, the faster we can get out of this BS.

r/CryptoCurrencySee Comment

Too close to TITAN, the Mark Cuban backed token that went to $0 when it and Iron (algo stable) death spiralled last year ☠️

Mentions:#TITAN
r/CryptoCurrencySee Comment

Tell that to TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

It’s funny to watch - people did the exact same thing with TITAN after Iron Finance collapsed last year lol

Mentions:#TITAN
r/CryptoCurrencySee Comment

It wasn't "promising technology" in 2022. Maybe in 2020 it was a novel concept, but after IRON/TITAN exploded last year, the writing was on the wall for undercollateralized stable coins. Terra made a couple of adjustments to try and add to the stability of the coin. The Anchor protocol was established to push up the value of LUNA, in order to help it get off the ground. The Luna Foundation Guard was set up under the idea that having a strategic reserve of capital that could be deployed at the right time to blunt a downturn. But given that the LFG fund was not only insufficient to bridge the gap between the promised circulating supply of UST and the market cap of LUNA, but it was also held in volatile assets that were themselves dropping against the value of the peg of UST, the kind of correction that could be forced by the LFG was limited, like they needed to pull the trigger at $.96, rather than letting it collapse all the way below $.80 before making the call. So, at best it was a minor evolution of an already failed concept, that traded additional security for increased centralization. However, it wasn't a ponzi scheme. Bitconnect was a ponzi scheme. Bitconnect lied to holders, and claimed that they had an investment mechanism that generated value which allowed them to generate returns. In reality, akin to Bernie Madoff, they took the money that new entrants to the system brought in, and used it to pay the returns for the older participants. Terra operated on a startup model. They were honest that the money that was funding the fabled 19.5% Anchor return wasn't from them loaning out funds for interest, or investing loaned funds in different ways. They were fronting losses from their initial VC seed in order to entice users to the protocol. The increase in user base increases demand for LUNA which increases LUNA's market cap, which can successfully collateralize a larger supply of UST. The idea behind such a model is akin to the modern silicon valley startup, where the money from initial investors is actually given to newer investors to try and improve their market share, in hopes that when you have to cut rates and benefits, you'll still have a dominant enough position in the market that you can become profitable. Terra is kind of like WeWork. It tried to use a startup model to advance an outdated business model that was vulnerable to short term market downturns. It's not fraud in the sense that Nikola or Bitconnect were, but it's just a bad idea that had a shiny wrapper on it.

r/CryptoMarketsSee Comment

TITAN ඞ

Mentions:#TITAN
r/CryptoCurrencySee Comment

“Are you alright, buddy?” TITAN asked his new BFF, LUNA. After what seemed like eternity, LUNA finally put his hands down from his face. Tears decorating his weary face, he said, “I’m so conflicted. Many people lost their life savings because of me. Other people made profits due to my collapse. How can I make amends to those who lost everything?” “You can’t,” TITAN said gently, “But remember that you serve humanity to the best of your ability *always*.”

r/CryptoCurrencySee Comment

> UST was supposed to be backed by Luna, whose value was derived from the ecosystem. How can you not see the issue here? The "ecosystem" is a circlejerk of Luna-tangent tokens to pump volume. This was never about innovation, Iron/TITAN suffered the same broken economics, and Do Kwon was literally a part of Basis Cash which also suffered the same fate.

Mentions:#UST#TITAN
r/CryptoCurrencySee Comment

TITAN

Mentions:#TITAN
r/CryptoCurrencySee Comment

How's those IRON TITAN going, Mark from Cuba?

Mentions:#IRON#TITAN
r/CryptoCurrencySee Comment

“But why wouldn’t Do Kwon say sorry?” LUNA asked, a look of bewilderment and repulsion on his face, “Many people lost their life savings on his invention.” “These rich people are all the same,” TITAN soothingly consoled his new friend, “Mark Cuban also expressed concern for his loss in riches when I fell apart. They care only about themselves.”

Mentions:#LUNA#TITAN
r/CryptoCurrencySee Comment

Literally all algorithmic stablecoins before UST have crashed and the secondary token fell to 0. Why would it be any different than other ones? As soon as the profit of attacking is higher than the cost it goes down. Look at IRON and TITAN, those worked similar

r/CryptoCurrencySee Comment

The crash was possible as a similar thing happened on Polygon, with IRON / TITAN in place of UST / LUNA, except that was backed by 75% USDC. Still there was a run and an implosion & infinite mint that killed it. I lost a ton. This kept me out of UST and LUNA.

r/CryptoCurrencySee Comment

It's either one of two things: 1. Hopium. 2. Lack of understanding on the LUNA/UST ecosystem. Especially after seeing what happened to Iron Finance (TITAN), LUNA holders should have been worried and thinking about exit strategies,

r/CryptoCurrencySee Comment

I bought the dip! Bought 16k luna for a little less than a dollar. Wheee, I'm up 50% (for now) Has anyone here bought the TITAN dip and/or swing trade other depegged stablecoin and made any profit?

Mentions:#TITAN