LUNA

ChamberofSarcasm

I'm not saying a stock peaks when the zeitgeist talks about it but I think it's short term peak is in and when the media quiets down it's a sign of diminishing interest and thus, price run. The media's job is to attract eyeballs (clicks or views). They start paying attention to a stock or story or crypto when people start talking about it. There's a handoff of attention and coverage from community > larger internet > mass media > general public. Then, either the public gets exhausted on a topic (our brains only get excited by things for so long) and the media feeds a new one (see most political issues in the U.S.) or, the price top is in for a bit, the audience loses interest, the media moves on. If NVIDIA creeps up toward $1000 I'm sure the news will start covering it again, because the general public will be excited again. To am not saying this is the final top for NVIDIA. But that's why LUNA said "for the time being". Once the media stops presenting the story, and the price dips a little, the general public (boomers and barbers and non-finance people) will think the ship is done sailing.

Appropriate_Ant_4629

/u/LUNA_underUrsaMajor wrote: >> Thats why people should create an LLC to trade out of, you look like you own and operate your own business Can you deduct the Wendy's sandwiches as a business expense?

natures3

Yeah got rugged during the LUNA debacle in 2021z

outsideparameter

LUNA Innovations (LUNA) A little stock called LUNA... Trading at long-time lows, Just fired it's President, And long-term CEO. Goods have gone a-missin' When they were supposed to be a-shippin' An earnings report delayed But I cannot be swayed... Underneath all this ugly noise, Is a gem with a fat-fingered invoice, And once the dust settles a bit, It will be a WSB hit. Have a look-see up her skirt, Nothing up there that will hurt, And if you take the plunge, I got nothing that rhymes with plunge.

Pickledpeper

Ahhhh, okay. Guess I'll check again on Monday. After LUNA took a straight dump, I've got nothing to lose

I_AM_MORE_BADASS

Tell that to LUNA holders.

IntermittentFasted

Rightfully so. I think there might be some illegal activity involving AMC… Or AA is simply one of the WORST CEO’s of all time and just doesn’t care about his share holders. Stopped the run with dilution every time momentum picked up after the initial squeeze. I’ve never seen retail get screwed so bad except for on LUNA, or maybe SVB and svb was mostly held by institutions.

Tylensus

That's the most steep decline I've seen, and I had a bunch of LUNA when that shit show played out. F, sir.

OkText00

Terra LUNA coming back from the dead: https://www.youtube.com/watch?v=yyANgDSO2DM&t=168s

justtheboot

Bro’s still holding LUNA

Any-Personality3113

Well DOUL went to LUNA man 

Sandrokotos

Two years ago, it was LUNA. This year, it’ll be SPY 

SmoothTradersYT2kSub

agreed, a sad day for lunars, almost like LUNA.X

ItradebetterthanU

Where is the LUNA $300-K guy ??

el_guille980

too many words to say deep OTM calls on $LUMN or $LUNA or $LMNR, i cant remember, doesnt matter, all of thememote:t5\_2th52:4258

ItradebetterthanU

WTF happened to LUNA ??

TheScourgeOfHumanity

chick fil a for breakfast. I'm so sad because i lost a lot of money on LUNR. What's funny is that I keep erroneously referring to it as LUNA in my head lol

ItradebetterthanU

LUNA fell over and can’t get up !

Significant_Eye_5130

I am so regarded I thought about buying this all weekend and when the market opened and I thought it was LUNA and I just decided not to after looking at the chart.

Emanuelsil

Go all in on LUNA 😂

Impressive-Duck-6191

Carmine Rosato with Investitrade or Nishant Pant with Trading Extremes, depending on what kind of trading you are interested in. As for actual trading profits, honestly I’m about breakeven. I’ve lost a few thousand trading options and a few more thousand on blown futures prop firm accounts, but I got lucky on longing LUNA after everyone shorted it to $0. One evening I bought about $250 of LUNA at the very bottom and sold it the next morning for around $6,000 (true story). The more I think about it, I wouldn’t say that I’ve been trading for 1.5 years. I’ve paid for courses, learned, and copied other people’s signals during that time and I never really was successful. So, this year I figured I had nothing to lose and actually started trading options and making all the decisions/trades myself. We will see what this year brings, but I think I’m taking a step in the right direction regarding profitability. Best of luck to you.

Ayy_Whats_Poppin

Overview of ADVM: ADVM is a biotech company that specializes in delivering proteins to the eyes. This company is trying to find a gene therapy that will last for years. ADVM is currently trying to find a therapy for a prevalent eye disease Wet Age-Related Macular Degeneration (Wet AMD). This disease currently affects 200 million people, while 500,000 people are diagnosed with Wet AMD every. This disease is responsible for 90% of blindness and currently has no cure. ADVM has a lead clinical drug for Wet AMD called Ixoberogene Soroparvovec (Ixo-vec). Overview of Ixoberogene Soroparvovec (Ixo-vec): This drug is to ease the pain and burden that people with Wet AMD have. Currently the only drug to slow down the effects of Wet AMD is a drug called Anti-Vascular Endothelial Growth Factor (VEGF). This drug has to be frequently administered and has a myriad of other long term issues. Ixo-vec’s goal is to be a more effective and a single shot solution to Wet AMD. Already this drug has gotten a fast track to treat Wet AMD by the FDA. There are currently two ongoing trials OPTIC and LUNA with this drug, with already positive news. In the OPTIC trial, the drug Ixo-vec has shown long term benefits even after three years since the initial dose. On top of that 50% of the trial members were able to completely avoid another dose of Ixo-vec. This is a dramatic achievement compared to VEGF which needs multiple doses yearly in order to keep the same effectiveness. The trial results for Ixo-vec have been scheduled for February 8th and factoring in the already positive news, I believe that the drug will be able to pass trial 2 and move on through the process of drug research. Overview of ADVM Financials: Like many biotech companies the initial research faze is always brutal and costly financially to the company. ADVM is not any different with the company losing money every year researching this drug. ADVM does have some key financial differences that are not common in biotech. They have an assets to debt ratio of 2:1, meaning the company can sufficiently pay off its debts if needed. The company also has a nice source of revenue streaming in from investments. The company also has a large source of revenue if they are able to market this product commercially. Like I said before Wet AMD affects 200 million people with about 500,000 new cases, this drug will be able to tap into this large consumer pool, and will be able to generate stable revenue, help pay off liabilities, and fund future R&D . 2022 Income Statement Revenue N/A N/A Operating Expense 54.73M -13.64% Net Income -154.54M -6.18% Net Profit Margin N/A N/A Earnings Per Share -1.56 -5.41% EBITDA -143.78M -2.40% 2022 Balance Sheet Cash and Short Term Investments 185.59M -39.19% Total Assets 308.37M -29.87% Total Liabilities 126.85M +2.68% Total Equity 181.52M N/A P/B .44 2022 Cash Flow Net Income -154.54M -6.18% Cash from Operations -108.09M -0.24% Cash from Investing 141.72M 80.06% Cash from Financing 607K -74.68% Net Change in Cash 34.24M 228.10% Free Cash Flow -72.63M 9.39% Third Party Analysts: Many analysts have been saying similar things for the future of ADVM and its stock. A majority of analysts have given this a strong buy or hold rating from a vast majority of different websites and resources. On top of that many analysts have agreed that the stock will see some kind of dramatic rise in value with news coming from the ongoing trials, many have put this stock tripling and more in a time frame of 12 months. Many articles from sources like Yahoo and CNN have given this stock a strong buy signal and concluded that a sizable return on investment is likely with ADVM. The strong agreement with many other analysts is a good indicator that this stock will see a strong future. Concerns: Biotech is generally a very risky and dangerous place to invest due to a wide range of reasons. One of the biggest issues with this company is they are investing and pouring research into a singular drug. While Ixo-vex has seen promising results midway through trial 2 there may have been some unknown complications during the trial that may have been unknown to the public. This could have a drastic negative impact on the stock and could lead to a sizable loss in your investment. Another issue I have with this investment is there is a lack of diversification of investment. Currently this company has poured a large amount of money and time into a single drug, basically tying the whole company to a single product. If this product fails then the whole company would inevitably go under, and due to the fact we don’t know many details from trial 2, this would be incredibly risky investment for many. Conclusion: ADVM seems like a safer bet for a biotech/med company. As I noted before, the company has seen positive results with its drug Ixoberogene Soroparvovec, compared to the market standard of VEGF. Financially ADVM seems to be able to fund its R&D ventures to be able to commercially sell this product. They have more assets than liabilities meaning that during hard times they will be able to keep the lights on for a while. Also, I don’t have any concerns at all for a lack of future profit, citing how prevalent Wet AMD is, the demand will be strong and will be able to fund other projects for ADVM. Many other analysts from a wide variety of sites/articles are all saying the same idea, that this stock will see some boom, if they have positive trial 2 results. However, there are some concerns to be had with ADVM, especially how this investment is betting on the results of trial 2, and the consolidation of products. However, seeing how already we saw some news about positive long term results (which is what this medication was made to do) there will most likely be positive trial results. I believe that in the short term it is a safe bet for the biotech industry, as this drug will benefit hundreds of millions of people, a good trial result will most definitely result in some kind of jump in stock price. ADVM is my move

Maximum-Captain-2189

Weather you like it or not, I’ve changed people’s lives. Quite literally 🫢 Some say I just have a knack for predicting things very well and based on my track record with day trading, my signals, my lives sessions/call outs and even crypto 🥶 I’ve been calling BTC since it was $620 and you can find that at the very bottom of my Facebook 👇 The fact is Men lie, Women lie, numbers don’t and when I say I found the NEXT TOKEN that’s going to 1000X …. I MEAN IT 👌🏼 Look, not everyone is going to make money because crypto is a zero sum game, but if you listen to me like these people did you can get in and get out with a HEFTY bag 💰 If you really want me to tell you exactly why I think it’s going to 1000X comment “LUNA28” and I’ll send you my opinion 👁️ With just a 250K market cap if it goes to 25M that’s 100X your investment right there 😬 There’s more testimonials of people calling me crying and happy ect but i didn’t save those 🤷🏻‍♂️😁 If you don’t need me to explain and just ready because of my word you can buy here while everyone else is still asking questions 😆😅👉 [https://app.uniswap.org/swap?outputCurrency=0x416cdaf616a82d7dd46e0dbf36e7d6fe412bc40e](https://app.uniswap.org/swap?outputCurrency=0x416cdaf616a82d7dd46e0dbf36e7d6fe412bc40e) Luna28 to the moon 🚀🌖 # YearOfWealth # Luna28 https://preview.redd.it/rgm34wx4opcc1.jpeg?width=591&format=pjpg&auto=webp&s=40381fac7e8f7217059932ad88b9ed58f8a6a70a

Middletobest

Swap for LUNA

flsurf7

LUNA mooning? Kind of crazy that its the top gainer over the past 7 days

fjijgigjigji

i managed to get out of the last of my positions in apr 2021 just before LUNA crashed. TIA is the new shit rn, chart is beautiful

Lifter_Dan

Bro last year was for buying. How could you miss the news about FTX & LUNA crashes

GrimmReaperBG

I remember a guy who made $LUNA tatoo and was advocating for it becoming the new BTC when it was $3. Sadly, less than a year after that tattoo and despite Luna hitting ATH of $120 on the road, so in less than one year it became the biggest fraud in the history of coins, much worse than bitconnect. So, this thing with such tattoos is dangerous!

FTXFundsAreSAFU

Still a better investment than LUNA was

Inevitable-Rip8165

I invested in LUNA when it was crashing, thinking…. It could t possibly go down forever. Boy was I wrong.

Puzzleheaded_Mix_266

yolo’d 20k into LUNA and the rest is history

Munkeyslovebananas

It's gonna go to the moon any day now, just like LUNA

investmennow

Nkarta NKTX 83%. Dollar amount lost but not necessarily % would be zim. When I first started I had no idea what I was doing. That seems to be quite common on here on Reddit. I put five figures into ZIM to get that $17 dividend. I didn't know that the stock price would immediately drop once it went ex-dividend. I didn't know that Israeli taxes would take a good chunk of the dividend. Instead of keeping the cash, I drIpped and continued to drip my dividends all the way down into the 20s.. When I finally exited out of ZIM my entire account was down over 50%, when right before investing in ZIM I was up 20%. But if we are gonna talk crypto...LUNA! 99.9%. I wasn't a paying attention and when I finally did I didn't know why it was dropping and decided not to sell because I lost so much selling things that were going down. Buying high selling low y'all know the deal. Oh I was also using Voyager app so I got really fudged over when it went bankrupt. Fortunately I had exited everything but Bitcoin and took my money back with about a $6,000 loss on the various cryptos. And then I guess I got what about 30% of my Bitcoin back after the bankruptcy.

Tiny_Abroad8554

I was this close 🤏 to putting $100k in the LUNA scam at the ridiculous APYs they were paying. It sounded so good... I just never got around to doing it, and then it imploded before I could.

gewur33

why would you have 385k LUNA in the first place. Sad moonboys :/

Cultural_Translator8

Turned 30k into 385k during the last crypto boom. Turned 385k into 10k with LUNA.

247drip

[For reference](https://ibb.co/N3sqN4Y) How is this shit not in bankruptcy already… In 2021, it lost 62% In 2022, of that remaining 38% equity, it lost 95%. That left it with only 1.9% of the equity it started 2021 with. Now you would think at this point it has fallen so far it can’t fall anymore. You would be wrong. YTD they have lost ANOTHER 99.4%, leaving them with only 0.0014% of the equity they had in 2021. This is LUNA level shit

Kuchinawa_san

I want everyone to know that I trade with Sailor Moons song from when she fights Queen Beryl in the English Dub. IM NO LONGER AFRAID, LUNA

Wooden_Lobster_8247

Probably used every dime to buy LUNA

banditcleaner2

I recall reading about how terra luna was the next big thing, this guy was all in sicne like $20 or something and it was $80 at the time (LOL) and he said he wasn't going to exit until like $250. That he was going to stake for the 20% on UST and just make all this oodles of free money, all of which he was putting back into more LUNA. fuckin' RIP.

dmk_world

Mentioning LUNA, DO KWON and Crypto in 1 sentence? Lolz

O2148

Crypto died the day Do Kwon stole LUNA. And Coinbase changed the WLUNA smart contracts 👍🏼

O2148

Coinbase had WLUNA Terra had LUNA. Luna was Terra’s version and Coinbase version was WLUNA. Both had a smart contract that was designed for both of them to mirror each other’s price. When the depeg happened that crashed LUNA. Still don’t even know know if Do Kwon stole the money. They released LUNC, to replace LUNA during the crash. but you can’t change a smart contract which Coinbase and Terra did. If they can change smart contracts at anytime, cryptocurrency will not work. People lost millions during the crash because they were using it as a savings account. LUNC is LUNA and LUNA is new a coin. They only changed the name. WLUNA on Coinbase was changed to WLUNC. 👍🏼

involuntary_skeptic

Ever heard of LUNA? Yolo it over there for ffs

Ginger-Octopus

Because I'm not completely regarded. Fool me once with LUNA...never again

banditcleaner2

Nah. 30% dividend is absolutely not sustainable in any way. Anything that ever paid a dividend above at most like 8% has not been sustainable. LUNA tried to pay a 20% dividend and the entire history of that was effectively that it was a ponzi scheme-esque crypto that was brought down by exploiting what in all honesty was a rather obvious flaw. the dividend ETFs like QYLD and XYLD fail because they pay their dividends by selling ATM calls which doesn't work in a bear market, which is why QYLD and XYLD have both lost principal value. Hell even the more tame long term treasuries have lost value despite paying 5% because they aren't able to be cashed out for that long period of time. If a 30% dividend was sustainable, nobody would need to work anymore once they got enough money to live off that 30%. which wouldn't take long for some. a software engineer could save two years of salary, throw it it into a 30% dividend fund and quit straight away

Exciting_Leading421

UST was for sure a big fat loss.. NEO, FTM, WOOP, LUNA for sure some of the biggest losers

s1n0d3utscht3k

if it makes you feel better i lost that much $ and % on trying to flip a $LUNA dead cat bounce ….i have enough crypto i can do stupid shit like that, but still… you could have done worse than $BABA calls lol lose it all next week and doesn’t mean you quit. just means your on Wendy’s hiatus.

Izzyyiz

First, why so hostile? Second, you don’t understand the terms you are using. We aren’t talking about the pegging that goes down in your bedroom. We are talking about a peg with regards to currency. When a currency is pegged all it means is that a policy is put in place to keep that currency equal to another currency. All stable coins have policies in place to try and keep that currency equal to 1$. That is all that it means when you say stable coins are pegged to a fiat currency. Is the policy good? Thats a different question. Many of those policies obviously weren’t since they crashed. We all saw LUNA go up in flames. I am not even pro crypto. I am pro consequences of your actions. Which the Fed does not allow aka 2008, SVB, etc. There is the unholy matrimony between banks and government that is not okay nor should anyone support.

teslalearned

Half of the posters here are insane. Might as well buy the defunct coin LUNA if you think FRC is still good to trade.

andywfu86

Best was XOM in 2020. Dumped my whole 401k in at $37 and rode it to $114. Worst has been crypto in general, but specifically throwing $5k into the toilet on LUNA.

Onnithejkc

Blockchain Firm Raises $10M, Hits $250M Valuation The NFIB's Hiring Plans index for small businesses dropped to its lowest level since May 2020. $HEXO $TLRY Tilray Shares Volatile After Cannabis Company Announces M&A Deal, Q3 Revenue Miss Elon Musk changed his Twitter name and is still verified. Hopefully you aren't caught Shares of smaller companies and those in cyclical industries edged higher Tuesday Stock Market Today with @AlissaCoram and @IBD_ECarson: Indexes fade at close, but Builders FirstSource, D. R. $BTC Bitcoins Comeback: FTX and LUNA Losses Near Total Recovery RT @DerrickEvans_WV: Im a former #J6 #PoliticalPrisoner who still says the 2020 election was stolen. $IPDN $AAPL Apple shares are trading lower after IDC reported the company's Q1 personal computer shipments fell 40. 5% year over year. $AAPL $MSFT Not since IBM & AT&T in 1978 have two stocks made up a greater share of the benchmark. Gemini Crypto Platform Secures $100 Million Loan from Winklevoss Twins PreMarket Prep | April 11, 2023 One of the most anticipated movies of the year, that's part of Phase 5 of the Marvel Cinematic Universe, arrives in November 2023. #msmarvel #captainmarvel 10-day advance/decline lines have recently hit some of their most overbought levels of the past year for sectors like Consumer Staples, Health Care, Materials, and Utilities. @maybebullish @chriskatje FTX's Alameda sometimes lost track of $50 million at a time. $GS | U. S. CFTC Orders Goldman Sachs To Pay $15 Mln For Violations Of Swap Business Conduct Standards Bitcoin has been quite the roller coaster. Read more in tonight's Closer: @redcandles_ That's a position, not a PnL $GCTK very nice . 50 rip off that soak so far, they never let shorts out today.

SirCoffee1429

Fuck it, just go long on LUNA at 1000x leverage. Then buy a velociraptor. Throw a saddle on that bitch and go steal the popular kids girlfriend, buy FOX News, live broadcast as you kill the raptor with your bare hands, grill it and have a wonderful dinner with new girlfriend then build a spaceship and proceed to rail girlfriend while flying to Mars. For all to see.

Affectionate_Fix8401

You're most likely correct but keep in mind certain failures of companies, cryptos (LUNA), etc have that generous final run before shit hits the fan. It seems as if this is the final pump for those two above banks I mentioned. So far one of them went 300% and SBNY did about half of that. Just my observations. I took a lotto for SBNY to see if it can react the same way

kft99

The droolers bidding here deserve a LUNA like rug pull 😂

Thich_QuangDuc

If people cant trade BTC for USD it will all fall apart BTC as a store of value, in the current state, is dependent on the USD and the status quo, hence why it reached its highest value along with other speculative assets Disclaimer: I invest in crypto as a speculative asset and in projects that I trust the people behind it, like LUNA, FTX and BitConnect

Comprehensive_Bad650

I just got banned from the Bitcoin subreddit for pointing out that in the vast majority of collapses in the last 12 months, CRYPTO BROS are in the middle of the mess. And I think Crypt bros are pumping crypto to dump it just like Peter Theil did last year. He pumped Bitcoin in Miami, then his firm sold all its $1.8 Billion of worth of Bitcoin the next month. TerraUSD crypto stable coin collapse. LUNA crypto token collapse. Silvergate crypto focus lender collapse. Sam Bankman Fried’s FTX crypto exchange collapse. Silicon Valley Bank full of crypto Bros. Collapsed Signature Bank had real-time crypto payment system Signet. Genesis crypto exchange filled for bankruptcy. CAPITULATION in the crypto market is coming. Don’t get fooled by the crypto bros again.

RONTwenty24

THE BIRD IN SEMINOLE WIND SONG: [https://www.youtube.com/watch?v=\_VqF7GOJ2CM](https://www.youtube.com/watch?v=_VqF7GOJ2CM) [https://www.youtube.com/watch?v=5vCScrtSQvs](https://www.youtube.com/watch?v=5vCScrtSQvs) [https://www.youtube.com/watch?v=aZxJsTN1848](https://www.youtube.com/watch?v=aZxJsTN1848) https://coinmarketcap.com/currencies/phoenix-chain/. https://twitter.com/Phoenix\_Chain\_. [https://www.youtube.com/watch?v=1TC02VaB1Rw](https://www.youtube.com/watch?v=1TC02VaB1Rw). Brian Tyler Cohen https://www.youtube.com/watch?v=pCODSulRkiU Obama spokesman SHUTS UP Tucker Carlson in brutal take-down. https://www.youtube.com/watch?v=aMrfUxwS7pM. MSNBC : [https://www.youtube.com/watch?v=FGLlP7WFnDU](https://www.youtube.com/watch?v=FGLlP7WFnDU) Chris Matthews: After all this is over, I want Trump indicted for Jan. 6. https://www.youtube.com/watch?v=eptv-c5bRRQ. https://www.youtube.com/watch?v=1TC02VaB1Rw. [https://www.youtube.com/watch?v=WxFPgE4aKeE](https://www.youtube.com/watch?v=WxFPgE4aKeE) [https://www.youtube.com/watch?v=UDKGvTvLB-8](https://www.youtube.com/watch?v=UDKGvTvLB-8) IF TRUMP IS INDICTED: RON Will celebrate HARD in privacy, He stand to win it All. [https://www.youtube.com/watch?v=xOdA80QPXAg](https://www.youtube.com/watch?v=xOdA80QPXAg). https://www.youtube.com/watch?v=1TC02VaB1Rw. CNN: [https://www.amazon.com/Revenge-Weaponized-Department-Justice-Against/dp/1685890547](https://www.amazon.com/Revenge-Weaponized-Department-Justice-Against/dp/1685890547) [https://www.youtube.com/watch?v=TIlmXqIN4T8](https://www.youtube.com/watch?v=TIlmXqIN4T8). [https://www.youtube.com/watch?v=c46W9XTA8AU](https://www.youtube.com/watch?v=c46W9XTA8AU) TRUMP Arrest. https://www.youtube.com/watch?v=1TC02VaB1Rw. The legendary white phoenix appeared in China - Caught on camera [https://www.youtube.com/watch?v=zm8pnQc8Stk](https://www.youtube.com/watch?v=zm8pnQc8Stk) [https://coinmarketcap.com/currencies/phoenix-chain/](https://coinmarketcap.com/currencies/phoenix-chain/) KILLS https://coinmarketcap.com/currencies/conflux-network/ . HIGH NERGY, https://coinmarketcap.com/currencies/kaspa/ HIGH Supply, 400MILLION USD SCAM COIN heavily promoted by a few people with billions in wallets .High risk for pump and damp. WORSE THAN LUNA SCAM. [https://www.youtube.com/watch?v=1TC02VaB1Rw](https://www.youtube.com/watch?v=1TC02VaB1Rw) PHX. Holders bought in at 0.004. Most took profit at a high price. VERY Few whales are still holding so far. WHEN staking goes live. Sellers will chase this coin to 1USD UN HINGED. Sellers and price manipulators are slowly drying up. Without 1M tokens, you can only manipulate the price for a little while till you run out of tokens to do so. Over 99% of All BNB project are a SCAM. This project will force people to sell Scam tokens at a loss to get in.. https://coinmarketcap.com/currencies/phoenix-chain/. How to buy Phoenix worldwide: Get trust wallet [https://trustwallet.com/](https://trustwallet.com/) Next step is the Hardest step can take over 30 MINUTES. In your trust wallet, carefully look for Smart chain. This is a wallet where you store Smart chain version of BNB. Only the Smart chain BNB can be use at the pancake swap. You swap All BNB tokens with Smart chain BNB. Last step, visit the pancake swap, connect wallet, wallet connect, select trust wallet and connect and .Set the tax TO 2% Search for PHX swap. And finally add token. Using this link, takes you to the right place a short cut. [https://pancakeswap.finance/swap?outputCurrency=0x9776191F4ebBBa7f358C1663bF82C0a0906c77Fa](https://pancakeswap.finance/swap?outputCurrency=0x9776191F4ebBBa7f358C1663bF82C0a0906c77Fa)

a_stray_bullet

That’s the LUNA chart you can’t fool me

Comprehensive_Bad650

Dude, it was the CRYPTO BROS that were BEGGING for the government to step in. The common thread in the collapse of SVB, the collapse of Silvergate, the collapse of FTX, the collapse of TerraUSD “stable” coin, the collapse of the LUNA blockchain IS THAT THE CRYPTO BROS WHERE INVOLVED IN ALL OF THESE COLLAPSES. Ain’t nobody going to bail out crypto exchanges. Good luck! LMAO!!

Fearless_Ad_5938

USDC isn't LUNA, they both run on different mechanisms, USDC is well backed.

gnober

Invested heavily in 8 dividend stocks that got absolutely hammered in 2020 (also was aggressive and took 2x margin account). Now I've been earning double digit dividend rate since last year. One stock earns me an amazing 22%. 2 stocks tripled. Another 2 doubled its value. The rest are more or less breakeven when I bought it (forgot to say these 2 are REITs). Unfortunately this is just 20% of my investment. Other 80% went down the drain because of LUNA and various crypto coins 😂 One big thing I love about div investing is the constant stream of passive income, w 0 effort from my part. I don't even care about the stock price, I only care about the locked div rates at the time I bought it. I realized the bigger your investment money is, the more difficult it is to "actively" trade. The pressure is too much for me. Of course at the start I fancied myself doubling or even tripling my money quickly (hence why 80% was in crypto), even following 1-3% risk mgmt. Thats the danger comparing div investing vs usual active trading. The idea that you could earn 8, 10 or double digit percent returns yearly or even on a monthly basis via active trading. Div is too slow. However as I explained, I will have uneasy nights Investing $100k in stocks vs buying div and locking in 8% rate yearly. TLDR: div investing actually becomes more worthwhile in the long run, especially given current high interest rate landscape. The longer your time frame, the more compounding will work for you. Famous example of course is Buffets coca cola play. It's ludacris how it's almost free money for him at this point. Ps. Why not do div and active trading, find out % you're comfortable with. That's what I'm doing now, from split of 20 div - 80 active trade, I switched it up to 80-20 in favor of div investing. I see myself investing again heavily once market is OK again. For now I'm focusing on growing my passive stream. Good luck!

randomFrenchDeadbeat

It is also a major black swan event for crypto, as Circle, the company that manages USDC stable coin, had a lot of its collateral backing it in SIVB. It did depeg, along with quite some other stablecoins that were mixed with it in various LPs. Depeg means the 1$ = 1 USDC is broken. So right now, if you want to grab some tokens at 0.9cts for 1$, you can get some. Some people will be reminded the crash of LUNA/UST, but those two are very different. LUNA offered a 20% APY, which was unsustainable. USDC does not offer anything. There are various failsafes for those stables to repeg, and they all kicked in. The peg has been climbing back since. Still, impressive to see the ripples.

Euro347

Can someone explain what happened to those deposits? I get that the stock tanked to zero but if you have $500M in the bank it just doesn't evaporate and the FDIC gives you $250K. Its not like LUNA that becomes worthless, its cash, united states dollars. someone has to move them, buy something with them. please explain.

thawingSumTendies

At this point their chart is starting to mirror LUNA’s 

PuzzleheadedWeb9876

>Well if you’re bullish on something I’ll stay away from it. And if ur bearish, I’ll buy it like it’s my job. I’m bearish on LUNA. Please buy. Anyways get ready for mutual funds and ETFs to dump BBBY. Should be funny.

psiph

And LUNA... And Celsius... And 3AC... And Voyager... And BlockFi... And Genesis... And Gemini... And... who's next? Nexo? Bitfinex? Binance? At some point, crypto becomes synonymous with the entities who pump and dump it on ordinary investors.

pond_minnow

I'm old enough to remember Rich Homie Kwon singing Type of Way Now he's hemmed up by the SEC on fraud charges for Terra/LUNA? Hope he pulls a C-Murder and releases a new mixtape from lockup 🙏🏻

Loose_Screw_

Basically BBBY = the LUNA of tradfi

Late_Measurement_324

I lost about 35k with LUNA

qwertyaas

I hear LUNA is a good choice.

therealthugboat

Hahaha all in on LUNA!

robheffo

LOL.. My boss is REEEEAAAAALLLYYYY sore about LUNA... He lost a BAG on that one.

Over_Refrigerator306

Short LUNA

Quiet-Honeydew2916

Short LUNA x125 at 119$ with everything you have

InDebtBigTime

>I put it in crypto and LUNA flattened it the rest of the way Damn dude. Just damn...

RnotSPECIALorUNIQUE

That last dip was a withdrawl... but I put it in crypto and LUNA flattened it the rest of the way.

Coleman013

LUNA

angyts

I believe her position was bags of LUNA which went to zero.

DorkHarshly

1. What do you mean by immune to regulation? It has been actively overlooked for most of its lifetime and only drives adoption by criminals and such, but significantly hurts all B2B use cases. Not even talking about becoming legal tender worldwide, which is further in the adoption process. 2. > Newer coins have eroded the overall market cap of BTC. Not sure why do you think that. Please elaborate. 3. Again, miners are irrelevant here. BTC immutability is driven by listener nodes. Listener nodes are scattered over the world and much more in numbers than miners. Moreover, there is no correlation between the reward and ease of forking. 4. BTC is not failing to hedge inflation if you zoom out. Last year or so is an exception. BTC major run down is decoupled from the inflation as it happened before the recent hike (you might recall all the news sites declaring death of BTC for the Nth time). The run down was when some of the hype investors realized that BTC will take time to go up and turned to get rich quick schemes such as DOGE and LUNA etc. 5. I said that that neg sum is correct for all commodities, and asked you to confirm, a question that you have avoided actually. Wheres the dodging? Moreso, I intend to hold bitcoin for many more years and do not depend on fools. BTW some investment strategies actually depend on "greater fool" e.g. selling calls but I dont see anyone getting so sweaty and worked up about these. It is just considered a high risk asset.

PayPerTrade

Just going to take time for the middle of the road investor to realize that Bitcoin + Ethereum != FTX, LUNA, 3AC. Writing off the interesting technology because some scammers operated in an unregulated industry is like condemning hedge funds due to Madoff or putting your money in a mattress because Deutsche Bank did some shady stuff. Distributed computing networks aren’t going anywhere. If you can convince yourself that AWS, Azure are good investments, it’s pretty easy to justify buying some ETH at $150b market cap.

TheEarthIsWound

@op I feel your pain. I made a poor investment decision LUNA that didn’t begin so poor. Was actually up almost 100k. I set a trailing SL at 5% and let it ride. Luna was exploited and crashed and I lost $300k overnight; the majority of my material wealth. Still pains me to this day, almost a year later. As someone who has went through what you’re going through, I know how hard it can be. Keep your head up.

corridomygalidci28

They did donate to both parties. 40mil and 20 mil is only what we know. He made donations via dark money. And FTX also made corporate donations under other people names which is illegal and one of his criminal charges included in his indictment. His indictment is stating that they were trying to buy support from both parties and influence illegally. Binance did not rug pull him. The Alameda/FTX balance sheet was leaked showing how their balance sheet is filled with illiquid garbage, his own printed out of thin air tokens. So, CZ said he will liquidate his bag as he does not want to lose billions like he did with LUNA. And he also mentioned that he will not support someone who is lobbying against him. I wouldn't either. I would liquidate my bag immediately and would tell SBF to f off. Don't blame him at all. The fear kicked in, customers started to withdraw, but SBF misused customers assets to bail out Alameda and on risky bets, etc so he didn't have all customers funds to let them to withdraw. FTX was supposed to be a custodian for customers assets and he was supposed to keep all user assets backed 1:1 at all times. He didn't. He committed embezzlement and what is against own FTXs terms of service. That is why the FXT collapse. Allegedly, FTX customer funds were used for loans to executives, risky trading by Alameda Research, political donations, and lavish spending on everything from beachfront homes to private jet flights. The charges listed against SBF in the indictment are conspiracy to commit wire fraud on customers, wire fraud on customers, conspiracy to commit wire fraud on lenders, wire fraud on lenders, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering and conspiracy to defraud the United States and violate the campaign finance laws. He defrauded lenders as well. They were providing misleading and false information to lenders hiding the extend of Alameda borrowing. And Ellison, acting on Bankman-Fried’s orders, borrowed billions of dollars from lenders, according to the SEC suit. Those loans were backed in significant part by their own token, which was issued by FTX and given to Alameda for free. Ellison’s job was to buy FTX tokens on various platforms in order to increase the price, thus making the FTX token that was collateral against Alameda’s loans more valuable. That, in turn, made it possible for Alameda to borrow even more. When shit hit the fan, the FTX token crashed. So the collateral for all those loans became worthless. Alameda also had "special privilege" to trade on FTX which was not disclosed to all customers and investors and that was set up by Wang who also pled guilty already. Ellison already pled guilty as well and they both turned on SBF and cooperating with feds to get lesser sentencing. They facing 115 and 50 years.

WillowRiver66

So never risk to much money on stock market, so as crypto. FTX already bankrupted, US/LUNA was just a ponzi. Just apologize to your family members, accept the loss. Work harder to cover the loss, never put yourself into such big risk again

d_painz

Lost 20k in an hr trading crypto LUNA when it was dying 🥲. I dont feel anything anymore. Crypto has ruined my perception of money.

AutisticDravenMain

The users get nothing while this dude got 250M to spare. I'm genuinely amazed how can anyone still have faith in crypto after LUNA/FTX/Celsius, like how can anyone getting fucked by a MLM scheme, and still in?

wytherlanejazz

Normally sure. I made 2 good decisions this year and I think I might have made up for all the bad ones. 1) Fellow degens insisted I use FTX. Lol 2) I said nope when LUNA was a ‘sure’ thing All the downward spiralling charts are a-ok for me now lol

JolensTV

LUNA innovations tho

colliric

Fuk, but above it's LUNA dump price....

throwaway0891245

I think that the fear is that there was some irresponsible risk that was taken on in the past decade that is now going to crumble as the rates go up. The issue with these things is that it's impossible to know where things will blow up. If everyone was responsible, everything should be smooth like how a soft landing might go. Unfortunately, it is clear that not everyone was responsible - as we've seen so far with Ronin Capital, Evergrande, Celsius, LUNA, and FTX. The question is whether the irresponsibility will show up somewhere systemic.

jarchack

Fortunately I bailed on LUNA long before the crash. My biggest loss was with Ethereum. With all of my crypto losses and index funds and whatnot, I'm still down less than SPY year to date. Right now I'm sticking with recession themed index funds and ETF's as well as some silver. Made a few bucks on OXY and got out last month. I'm expecting a pretty big drop in the market sometime Q1, judging from all the data I've looked at from household debt, treasury yields, bulk shipping rates, imports, exports and everything else. The free money is gone and consumers are tapped out. I'm relatively familiar with CBDC's but not to fond of the guv being able to look at every single transaction from a pint of vodka to an automobile. The whole thing sounds pretty 1984 to me. Best of luck in your investing adventures!

bestkoreaa

If you invested $10,000 in that LUNA thing 2 years ago * 1 year ago you would have had $1,500,000 * today you would have $3.42

jarchack

I've owned quite a few alt coins ranging from LUNA and MATIC to AVAX and XRP. I completely bailed out of the crypto market back in July and will never return. By the time BTC or ETH become stable enough to buy, they will be no different than owning QQQ. I personally do not think that any crypto going forward will ever reach its previous ATH. If I'm wrong, I would be more than happy to admit it.

LookIndependent748

*So the LUNA collapse was priced in all along*

Late_Measurement_324

Sell it all and put the money into something safe, like LUNA

down_vote_magnet

> BTC is the same as LUNA and FTX > Thinks BTC can be printed at any time > “I bet I know it far better than anyone here” [X] Doubt

beambot

So like 10k LUNA?

portalmonkey0

**The most likely scenario**: SBF turns himself in and pleads guilty after negotiations with his lawyers. His sentence will most definitely be light. And since we know this dude will do anything to save his own ass, you can bet he's dragging all his whale friends down with him. Billions in centralized exchanges and stablecoins will continue to be wiped out as this contagion spreads. Sadly, the crypto market is nowhere near as liquid as we once thought. USDT was the catalyst. LUNA was the first to fall. And this is just the beginning. Hopefully, this forces the SEC + federal government to implement better regulation and legislation (e.g. standardized audits, required proof-of-reserves) without infringing on consumer rights. But... there's also a lot of opportunity here for BAD bureaucracy. Let's hope for the best

sery0401

So am I - with all the negative press around crypto and Coinbase proving they are here to stay (backed assets proved, and don’t have their own token to make their balance sheet artificially inflated unlike Binance, FTX and LUNA’s try

TheeBillOreilly

This is definitely fixed. Acute credit risk and illiquidity driving these down hard. IMO if COIN gets through the next year without any surprise exposure to the LUNA/ FTX contagion they’ll be a big winner since everyone else has blown up and they were responsible (or at least it seems, so far). I’ve had this trade on my watchlist.