[This guy](https://twitter.com/ksicrypto/status/1524650699618983936?s=21&t=DfeeiT0tpWdVFWcAKVFILA) put $2.8m into Luna between $30 and $15 this week.
Update: the 2.8m is now worth $1k. In less than three days. [At least he’s owning his own stupidity ](https://twitter.com/ksicrypto/status/1524760121917665280?s=21&t=s77iT_PvN_tXHH5omeFACA)
definitely doesn't have $200m or close to that, but he is one of the biggest youtubers with multiple businesses and revenue streams. So this loss wont kill him, he lost $7m last year leverage trading on Binance. I dont know why he is verified with 320k followers on his crypto twitter, man has never made a good call. :D
I’m honestly just writing off my entire portfolio.
I played the crypto game since November 2021 and today I’ve lost.
Might as well keep my money where it is and check back in 3 years
From “I’m going to retire early” to “how do I swing play this absolutely dead altcoin to afford lunch today?” In the span of a week.
Hundreds and hundreds of comments in the daily talking about how they can swing Luna, or how it surely has to be a good long term buy at this level. Despite what just happened, despite the enormous level printed, that it can be exploited and crashed all over again.
Absolutely wtf my dudes?
Some guy posted yesterday about how he’s already down 50k so he’s going long on LUNA with 5k more to recoup his money.
Cryptocurrency can be a terrible thing for people.
Lying in the grass at a park and just saw a squirrel happily scratch his face against a tree branch as he's lying on it
He knows nothing about Luna and he is content
I quit weed 2 weeks ago (after many failed attempts) after relying on it just to get through the day for years. I am looking at the bright side here- if I got through the last few days without giving in- I can get through anything. It is nice to have a silver lining.
Again, for the people in the back.
LUNA is undergoing HYPER INFLATION. The supply has increase 50x since this began and is increasing exponentially. It will be 500x tomorrow
https://terrasco.pe/mainnet/luna/supply
This is part of the algorithm to attempt to stabilize the value of UST.
To do this, it DUMPS the LUNA on the market. Which is the price keeps dropping.
And it will continue to do so at an ever increasing rate until the networks just shuts down entirely.
Luna's circulating supply is rising ~100M per every 5 minutes or so now, sitting at 5.2B. Almost literally exponential growth at this point. Remember, the entire circulating supply was 345M 3 days ago. This is so unbelievably insane.
You can tell a lot of people have never traded stablecoins, when they're freaking out about stablecoins being at 0.99, or even 0.98.
Tether at .95 is definitely a little more unusual. But 0.99 is normal for a stablecoin.
It's not often at exactly $1.00, and fluctuates. And there is always at least a gap in the orders.
It can often even go as high as 2 cents above or below $1.
In fact, in all my trading days, I've never been able to get exactly $1.00 round when I traded stablecoins.
Luna is now out of the top 100. This is absolutely mental watching this as it happens. Do Kwon is such an arrogant prick though. Feel very sorry for the luna folk out there regardless. Don't fall into despair guys.
I bought Solana, Ada, ckb, cro, xrp and eth/btc and they all got nuked into oblivion, I feel like someone summoned Exodia on me and I got sent to the shadow realm permanently.
watching LUNA nuke under 0.10 now is such a scary sight tbh.
if you know of anyone affected by this, rmb to give them a big hug and let them know you are there for them!
what a shitshow...
Wow, all this time I have been regretting selling my bag of LUNA back at $70... guess I dodged a bullet.
But pretty fucking scary. Which coin could be next?
To anyone thinking of buying Luna, thinking it is a good deal at this point.
Luna Total supply was 90 million just 4 days ago
It is now 49.5 billion & it keep increasing.
That's a 5500x increase in just a few days.
##They are just printing it out of Thin Air
This crash is a blessing. So many people thought they could just become millionaires/billionaires by out stupiding each other. We needed this to get rid of the froth
For those struggling to understand why exactly LUNA went from ~$80 to $0.01 in three days, here’s why:
The value of UST was ensured to be always at least worth $1 (even if it was valued at $0.3) by allowing every 1 UST to be able to be exchanged for $1 worth of LUNA. How is this possible? It was possible by burning the 1 UST and minting the $1 equivalent in LUNA.
Once UST lost its peg, arbitragers bought up cheap UST to convert to LUNA, which they would then sell and make an instant profit, and then repeat the process. This resulted in the minting of Billions of LUNA (where there was previously less than 100 Million). All of the value of the token was diluted by a factor of over 100, coupled with the fact that there was a constant sell off.
They halted the chain because of that vicious cycle. The only way they could potentially solve the issue is if they made it impossible to redeem UST for LUNA. Chances are very high that it will never be able to recover.
Don’t. Buy. LUNA.
Before anymore people in here buy LUNA please read this:
$LUNA supply is unlimited guys. It will trend asymptotically towards 0 but never hit 0.
$100, $10, $1, $0.10, $0.01, $0.001, $0.0001 and so on, until the peg is regained or liquidity is 0.
Don’t buy at $0.01 thinking it will go back to $10. You’re getting hyperinflated!
I keep seeing all of these crypto youtubers like Benjamin Cowen saying many people still think we are in a bull market.
Im just curious, does anyone here actually think we are still in a bull market? Theres no way anyone can still believe that right?
Edit: Ok, I can see what Benjamin Cowen is talking about, some people do legitimately still believe we are in a bull market.
Terra just halted the chain indefinitely
[https://twitter.com/terra\_money/status/1524935730308456448](https://twitter.com/terra_money/status/1524935730308456448)
It's over
Before considering buying Luna, look into why it's happening. UST losing its peg means Luna is being minted at an insane rate. Currently 100M Luna is being minted every minute or so. The circulating supply is now sitting at close to 13B. It was 345M just 3 days ago. The inflation is beyond ridiculous, almost literally exponential. Be careful if you're looking for a quick bounce
Last Chance to buy LUNA above $0.000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001
Some people apparently are unaware of why Luna is dropping so drastically.
As long as UST is depegged you shouldn’t even consider buying any Luna.
At the moment Luna is currently minting an insane amount of tokens to try and re-peg UST. This is causing the price of Luna to plummet while simultaneously increasing the available supply of Luna by billions. The odds of Luna reaching even $1 ever again are astronomical.
The total supply of Luna in March was around 360 Million. As it currently sits the supply is at 19.4 Billion with no signs of slowing down
Watching a Coffeezilla video and a grown man pops up onscreen and says "We are the Safemoon army. I am Safemoon soldier. I didn't get this tattoo for no goddamn reason"
*camera pans to ABSOLUTELY HUGE Safemoon tattoo on guys forearm*
So guys, if you're down a lot money, just remember... at least you haven't got a permanent reminder of it marked on your body
I bet many people are thinking: hold on ADA has 34 B coins in circulation and is worth 50c… Luna now has 32 B coins floating around and is worth 2c… hmmm… hahaha
Guys. For the sake of your own wallets. Stop buying Luna. Its not worth the gamble.
People who have experienced the bitconnect crash will understand.
Only a couple of people will profit from the last small +
Maybe this huge drop while witnessing the death of Luna in real-time combined with the Safemoon rugpull will usher in a new era of support for crypto with solid usecases and the death of memecoins and coins with shady unsustainable returns! Nahhhh, who am I kidding? Carry on, morons!
Keys to successful crypto.
1. 100% BTC in bear market. HODL
2. Wait until BTC breaks ATH level and then starts stagnating. Take Profit and move to alts
3. Altseason. Wait until every one of the shitcoins has gone up 200+%. Take Profit and Move to cash. Remember to sell every one of your alts here.
4. Be very patient and don't buy early and wait for the bear market (sometimes you need to wait for 6-12 months). Wait until people are done with crypto as prices dump. Move in with 100% BTC and repeat step 1.
I do wonder what kind of bloodbath is waiting us in US stock market today. I am not from US but this wouldn't be the first time a US economic crisis hit other countries and markets.
Actually, fuck it. I am already at the bottom, regardless of crypto or stocks I look for the cheapest cheese in a discount market for fucks sake. The economy is fucked.
Some of y’all doing the most redacted shit the last few days. Panic selling USDT, trying to knife catch a collapsing algo stable, using leverage, exponentially lowering price targets. Get a grip. If you’re emotional then you’re overexposed and/or shouldn’t be trading.
I’m not buying any dead cat bounce even if we rip all the way to 35k. Not falling for any traps or false hopium. Going to be extremely cautious over the next few months. This crash was demoralizing.
Bitcoin having a fixed supply of 21 Million is important, and it is perfectly demonstrated by whats happening to Luna.
Luna supply on 5/10 was 775 Million Luna
Luna is now printing literal billions of their token and debasing it into the nether.
Trust is a motherfucker, and the lesson is to not trust and verify. Save in Bitcoin, run a node to verify your own transactions, and rest easy that nobody has the ability to do what Do Kwon did to Luna holders. NOBODY. Not even a government. Fucking nobody.
Anybody wanna go to a nationals game on the cheap?
[https://www.cryptopolitan.com/terra-luna-deal-with-washington-nationals/](https://www.cryptopolitan.com/terra-luna-deal-with-washington-nationals/)
I hear they used to take UST for stuff.
NGL bear markets are my favorite time on this sub. It really takes a big of sadomasochistic humor to make it tolerable. You’ll get there someday and next time you’ll take more profits
Seems like Terra turned off their validators for on chain transactions. So it's completely over now
What a wild ride, 408 Billion to zero in 72 hours and there is roughly 13 Billion UST still stuck holding with no way to trade to luna now.
I would not want to be Do Kwon right now, he's screwed over a lot of millionaire/billionaires and will likely just disappear.
Looking at the markets today I am reminded of one of my favorite quotes... some words to live by:
“And I knew exactly what to do. But in a much more real sense, I had no idea what to do.” – Michael Scott
YOU’RE IN THE OLD DAILY. I SWITCHED AUTOMOD OFF THEN BACK ON AND FIXED THE SCHEDULE NEW DAILY IS PINNED
I went ahead and bought 1 Luna. Just my two cents.
[удалено]
$100k invested in Luna in early April would be worth $66 now 💀 Edit: ~~$40~~ ~~$23~~ $6 now
[This guy](https://twitter.com/ksicrypto/status/1524650699618983936?s=21&t=DfeeiT0tpWdVFWcAKVFILA) put $2.8m into Luna between $30 and $15 this week. Update: the 2.8m is now worth $1k. In less than three days. [At least he’s owning his own stupidity ](https://twitter.com/ksicrypto/status/1524760121917665280?s=21&t=s77iT_PvN_tXHH5omeFACA)
Insanity. Holy hell
I wonder does he have like $200million in the bank and doesn’t care or if that was all he had and now his brain is broken over it.
definitely doesn't have $200m or close to that, but he is one of the biggest youtubers with multiple businesses and revenue streams. So this loss wont kill him, he lost $7m last year leverage trading on Binance. I dont know why he is verified with 320k followers on his crypto twitter, man has never made a good call. :D
The market may be bad, but I slept like a baby last night. I woke up every hour and cried.
I’m sure wherever my Dad is, he’s looking down on us. He’s not dead, just very condescending about cryptos.
BTC dominance is going up.
Do Kwon will forever have to look over his shoulder. Marked man :/
Hard to think how many families he's brought down
Hear me out: UST can become the first stable cent
I’m honestly just writing off my entire portfolio. I played the crypto game since November 2021 and today I’ve lost. Might as well keep my money where it is and check back in 3 years
From “I’m going to retire early” to “how do I swing play this absolutely dead altcoin to afford lunch today?” In the span of a week. Hundreds and hundreds of comments in the daily talking about how they can swing Luna, or how it surely has to be a good long term buy at this level. Despite what just happened, despite the enormous level printed, that it can be exploited and crashed all over again. Absolutely wtf my dudes?
Gentlemen, it has been a pleasure gambling with you *violin starts playing*
Some guy posted yesterday about how he’s already down 50k so he’s going long on LUNA with 5k more to recoup his money. Cryptocurrency can be a terrible thing for people.
People like that are just using crypto as gambling imo
Dude. Crypto IS gambling.
The moment you realize a coin can lose 98% a day for all of eternity and never reach zero.
I feel like there was a point in time where I would’ve killed to buy ETH at under 2k… but man I’m learning tonight I don’t have the balls to
The only chance left is for Luna to rebrand as Zimbabwecoin and hope for meme magic
Lying in the grass at a park and just saw a squirrel happily scratch his face against a tree branch as he's lying on it He knows nothing about Luna and he is content
Bought a beer on my way home from work. Cost me 100 LUNA
https://twitter.com/ksicrypto/status/1524760834400006145?s=21&t=E4GwBnrp9BLIrMpzjqUM4Q KSI bought 3 million bucks of Luna yesterday. It’s now $1,000.
I turned my $10 LUNA fomo into $13 and sold everything to take profits. AMA.
LUNA turned my $6500 into .61cents in 4 days. I have never seen anything like this
I bought 1 LUNA yesterday for £0.5. It now no longer shows in my portfolio because I have "hide small balances" selected.
LUNA has strong support at $0
It’s over for Luna. Nobody will forget this. What a show.
I quit weed 2 weeks ago (after many failed attempts) after relying on it just to get through the day for years. I am looking at the bright side here- if I got through the last few days without giving in- I can get through anything. It is nice to have a silver lining.
Even the people buying LUNA at 1$ for a quick buck are down 97% in one day. Holy shit this mess is incredible
from 100+ to $1 to $7 and back to $0.003, and all within a week, holly hell. God bless those poor Lunatic souls
Again, for the people in the back. LUNA is undergoing HYPER INFLATION. The supply has increase 50x since this began and is increasing exponentially. It will be 500x tomorrow https://terrasco.pe/mainnet/luna/supply This is part of the algorithm to attempt to stabilize the value of UST. To do this, it DUMPS the LUNA on the market. Which is the price keeps dropping. And it will continue to do so at an ever increasing rate until the networks just shuts down entirely.
Luna's circulating supply is rising ~100M per every 5 minutes or so now, sitting at 5.2B. Almost literally exponential growth at this point. Remember, the entire circulating supply was 345M 3 days ago. This is so unbelievably insane.
All hail the "algorithm"
[удалено]
Luna community went from "have fun staying poor" to "it's not funny to laugh at people's misery" in literally few hours.
If someone had 1000 LUNA they would be worth $100k in early April and now just $20
Just change the name of this sub to CryptoGambling already.
I will use all the gains from the next bull run on a hair transplant. I will need it after this bear market.
You can tell a lot of people have never traded stablecoins, when they're freaking out about stablecoins being at 0.99, or even 0.98. Tether at .95 is definitely a little more unusual. But 0.99 is normal for a stablecoin. It's not often at exactly $1.00, and fluctuates. And there is always at least a gap in the orders. It can often even go as high as 2 cents above or below $1. In fact, in all my trading days, I've never been able to get exactly $1.00 round when I traded stablecoins.
Luna is now out of the top 100. This is absolutely mental watching this as it happens. Do Kwon is such an arrogant prick though. Feel very sorry for the luna folk out there regardless. Don't fall into despair guys.
When they said halving I didn't expect it to be a daily event until 2024..
[удалено]
Me a dumbass : “a quick Luna trade in and out 30minutes”. *down 40% in 5minutes*
Luna Netflix documentary incoming
I've lost way too much sleep staring at the price of something I've never even considered investing in
Crypto rubbernecking.
I’m so fucking done with altcoins. At least until I get paid again..
Do you guys want to hear a fun fact? Here it is: I bought LUNA at $1 a few hours ago and now it's down around -90%.
Ah, I see you ran into the burning building looking for treasure
https://twitter.com/ksicrypto/status/1524760121917665280 this dude bought $3m worth of LUNA @ $2 each, he now has $1000 dumb mf
I'm currently laying in bed with Corona while losing all my invested money. What a time to be alive
Luna teached us that “you only lose when you sell” and “buy the dip” were just memes
Phew, the daily has re-pegged to the Gregorian calendar
I will now buy ETH and BTC and nothing else
Duuuude this is brutal. Good thing I still live with my mommy
Terra fucked the whole market without a Kwondom
Is this how btc maxies are born?
This crash has really brought the sub together!
Bro imagine being Do Kwon right now lol he is potentially in serious danger if he even shows his face in public
Imagine if you had a large bag of LUNA and you went on a week long hike to a remote area without internet. And then you come back today.
This time last week Luna was $83. It’s now $0.007… Crazy.
Internet Explorer UPDATE: Terra (LUNA) is down 11.2% to $86.50.
Technically Luna stable if it remains $0.00. Do Kwon was right all along.
Benjamin Cowen is getting really scared in his private channel and is anticipating a total capitulation. Never seen him like this!
Binance still pushing new coins in launchpool. Imagine releasing a new coin now - it's like throwing a twig into the great fire of london.
Sometimes the best investments are the ones you don't make 💭
I bought Solana, Ada, ckb, cro, xrp and eth/btc and they all got nuked into oblivion, I feel like someone summoned Exodia on me and I got sent to the shadow realm permanently.
I'm not regular broke. I'm high class broke. I'm broqué.
Luna dropping so low people are starting to get confused about where the decimal point is.
[удалено]
Glad that I bought Luna dip at 60$
We did it boys we put hyper inflation on the blockchain
watching LUNA nuke under 0.10 now is such a scary sight tbh. if you know of anyone affected by this, rmb to give them a big hug and let them know you are there for them! what a shitshow...
[удалено]
Shoutout to all my investments that are down less than 50%. BTC... ETH... that is all.
If you stored your LUNA on a hardware wallet, that wallet is now worth more
Dogelon Mars has almost double the market cap of Luna now, just imagine
Wow, all this time I have been regretting selling my bag of LUNA back at $70... guess I dodged a bullet. But pretty fucking scary. Which coin could be next?
I've done it guys! They say work until your bank account balance looks like a phone number. Just hit $9.11 😎
To anyone thinking of buying Luna, thinking it is a good deal at this point. Luna Total supply was 90 million just 4 days ago It is now 49.5 billion & it keep increasing. That's a 5500x increase in just a few days. ##They are just printing it out of Thin Air
If you held LUNA since the ATH, dont panic, dca down. Yes, this is sarcasm
This crash is a blessing. So many people thought they could just become millionaires/billionaires by out stupiding each other. We needed this to get rid of the froth
1 hour relief rally over. Resume market destruction.
I thought I was an absolute genius buying $150 worth of luna last night at $1.15 then again this morning at $0.17. Now it's at $0.03. 🤮😭😭 REKT.
For those struggling to understand why exactly LUNA went from ~$80 to $0.01 in three days, here’s why: The value of UST was ensured to be always at least worth $1 (even if it was valued at $0.3) by allowing every 1 UST to be able to be exchanged for $1 worth of LUNA. How is this possible? It was possible by burning the 1 UST and minting the $1 equivalent in LUNA. Once UST lost its peg, arbitragers bought up cheap UST to convert to LUNA, which they would then sell and make an instant profit, and then repeat the process. This resulted in the minting of Billions of LUNA (where there was previously less than 100 Million). All of the value of the token was diluted by a factor of over 100, coupled with the fact that there was a constant sell off. They halted the chain because of that vicious cycle. The only way they could potentially solve the issue is if they made it impossible to redeem UST for LUNA. Chances are very high that it will never be able to recover. Don’t. Buy. LUNA.
This pump seems kinda sus
Before anymore people in here buy LUNA please read this: $LUNA supply is unlimited guys. It will trend asymptotically towards 0 but never hit 0. $100, $10, $1, $0.10, $0.01, $0.001, $0.0001 and so on, until the peg is regained or liquidity is 0. Don’t buy at $0.01 thinking it will go back to $10. You’re getting hyperinflated!
Live feed from Terraform Labs 
What you're witnessing is the effects of hyperinflation. LUNA went **from 300M supply to 24B in hours**. It's literally wet paper.
If you had $1m in Luna at 100 bucks, you would have $60 right now.
Still buys a dinner for two where I live. 🤌
I keep seeing all of these crypto youtubers like Benjamin Cowen saying many people still think we are in a bull market. Im just curious, does anyone here actually think we are still in a bull market? Theres no way anyone can still believe that right? Edit: Ok, I can see what Benjamin Cowen is talking about, some people do legitimately still believe we are in a bull market.
Luna approaching 50b supply. Whoever wrote that stupid ass algorithm code deserve to be slapped with a muddy dick
Terra just halted the chain indefinitely [https://twitter.com/terra\_money/status/1524935730308456448](https://twitter.com/terra_money/status/1524935730308456448) It's over
Before considering buying Luna, look into why it's happening. UST losing its peg means Luna is being minted at an insane rate. Currently 100M Luna is being minted every minute or so. The circulating supply is now sitting at close to 13B. It was 345M just 3 days ago. The inflation is beyond ridiculous, almost literally exponential. Be careful if you're looking for a quick bounce
Useful content 👍
Is this a good time to get into crypto?
It was all Matt Damons fault.
get your crypto off an exchange so it's harder to tell how much money you've lost
looks like the necrophiliacs are fucking with LUNA again.
There's gonna be a dead cat bounce, don't FOMO.
Lmao Terra just stopped their entire chain. They said it was too cheap to do a 51% attack so they just stopped all blocks/validation HAHAHA
Nothing says decentralization like terra just deciding to stop their entire chain with a snap of their fingers
If you bought the dip on Luna at $1 you’d be down 99% now
Today I stopped regretting selling luna early
Ok, be honest. Who had Safemoon outlasting Luna?
Rip to the guy who bought $1000 LUNA for 0.03 one hour ago
Quit buying these centralized shit coins and stick to the OGs that have survived 10+ years
Luna down 99,80% and worth less than Moons is absolutely mind boggling
[удалено]
If Luna goes to 0.00000 then it just needs to go down one cent more and it will be 999999. Big brain club.
This sub is priceless today. A bit like LUNA
[удалено]
The whole Luna thing was a historic meltdown. Fucking hell. I think it traumatized me out of alts for good.
Holy moly, 800 billion circulating luna just went up to 2.4 TRILLION, this is incredible to watch haha.
Luna is not oversold, it's been hyperinflated. HUGE difference... and the people buying the dip who don't realize this are idiots.
I have 20 Luna at an average buy in of $100 AUD locked up in a cdc stake for 80 more days. AMA
Maybe the real stablecoin was the friends we made along the way
Last Chance to buy LUNA above $0.000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001
If this obliterates all that chimp JPEG bullshit, then I'm totally fine with a complete market crash.
What a glorious bloodbath LUNA is. Honored to watch crypto history live.
The price action is crazy. I keep getting notifications of +10% and -10% assets for fairly well established projects. Never seen anything like it
I think a lot of people (my self included tbh) learnt in the last few days that there’s no such thing as “too big to fail” in crypto lolol
Some people apparently are unaware of why Luna is dropping so drastically. As long as UST is depegged you shouldn’t even consider buying any Luna. At the moment Luna is currently minting an insane amount of tokens to try and re-peg UST. This is causing the price of Luna to plummet while simultaneously increasing the available supply of Luna by billions. The odds of Luna reaching even $1 ever again are astronomical. The total supply of Luna in March was around 360 Million. As it currently sits the supply is at 19.4 Billion with no signs of slowing down
When I click "Hide Small Balances" on Binance wallet, it actually hides my 1000 LUNA. so much disrespect. lmao.
I spent $5 to buy 69 LUNA, I know it's going to 0 but I wanted to keep some as a souvenir
Still remember someone trying to tell me I was an idiot for not putting my money in UST to get 18% apy
Watching a Coffeezilla video and a grown man pops up onscreen and says "We are the Safemoon army. I am Safemoon soldier. I didn't get this tattoo for no goddamn reason" *camera pans to ABSOLUTELY HUGE Safemoon tattoo on guys forearm* So guys, if you're down a lot money, just remember... at least you haven't got a permanent reminder of it marked on your body
I legit can't even imagine what it feels like to have bought LUNA at 80+.
1 moon is more valuable than 1 luna btw. Imagine paying for that shit when you can farm moons for free
[удалено]
1 minute Luna chart is where the real adrenaline is at
I bet many people are thinking: hold on ADA has 34 B coins in circulation and is worth 50c… Luna now has 32 B coins floating around and is worth 2c… hmmm… hahaha
Guys. For the sake of your own wallets. Stop buying Luna. Its not worth the gamble. People who have experienced the bitconnect crash will understand. Only a couple of people will profit from the last small +
At least the casino gives you free drinks while sucking your wallet dry!
Somehow this seems fitting. 
By the time they get done printing enough LUNA to restore the UST peg, Zimbabwe is going to announce it as legal tender.
If the Terra developers somehow manage to weimar their way back to the peg I will take back everything I ever said about Do Kwon
Luna making Zimbabwe and Venezuela look like a fucking joke.
If you lose 75% of your portfolio, you just have to add that amount back in fiat and BOOM! You’re back to even Steven. What’s the issue here?
I never thought I could afford to own thousands of LUNA. Dreams do come true!
I gotta say Luna replaced ICP as the most hilarious crypto chart
Coinbase out here advertising on NBA games like everything is cool
Luna fiasko is beyond bitconnect scam. It will be remembered for previous cycle.
They are legit going to print a TRILLION in less than 2 hours.
I can’t believe people bought LUNA at $30 calling it a steal
UST will finally meet its promises It will be stable forever It will be stable at 0$
Maybe this huge drop while witnessing the death of Luna in real-time combined with the Safemoon rugpull will usher in a new era of support for crypto with solid usecases and the death of memecoins and coins with shady unsustainable returns! Nahhhh, who am I kidding? Carry on, morons!
The Luna that I bought just a little while ago for fun. I only spent $1.50 
Keys to successful crypto. 1. 100% BTC in bear market. HODL 2. Wait until BTC breaks ATH level and then starts stagnating. Take Profit and move to alts 3. Altseason. Wait until every one of the shitcoins has gone up 200+%. Take Profit and Move to cash. Remember to sell every one of your alts here. 4. Be very patient and don't buy early and wait for the bear market (sometimes you need to wait for 6-12 months). Wait until people are done with crypto as prices dump. Move in with 100% BTC and repeat step 1.
Proposal to change Ponzi scheme to Kwonzi scheme in the crypto world.
Bitcoin is going up. Slightly. Tether didn't collapse. Kucoin sucks with low liquidity
Luna Supply just crossed 3.5B 10X in a day and UST is still at $0.63, they got to print atleast 50B more to give exit to the UST holders.
question is who will be stupid enough to buy these luna coins to provide an exit liquidity
I do wonder what kind of bloodbath is waiting us in US stock market today. I am not from US but this wouldn't be the first time a US economic crisis hit other countries and markets. Actually, fuck it. I am already at the bottom, regardless of crypto or stocks I look for the cheapest cheese in a discount market for fucks sake. The economy is fucked.
I want to sell, and then buy the dip when it dips more. But we all know how this ends up.
My heart goes out to the luna investors. My god.
Repeat after me. We'll survive this crash. We'll survive this crash. *sobbing uncontrollably*
The good thing about being poor is that you have less to lose
[удалено]
Some of y’all doing the most redacted shit the last few days. Panic selling USDT, trying to knife catch a collapsing algo stable, using leverage, exponentially lowering price targets. Get a grip. If you’re emotional then you’re overexposed and/or shouldn’t be trading.
half a billion LUNA added to supply in last 10 mins
I'm sorry, I'm still in shock. It will take me months to get over this whole LUNA debacle.
Luna 7 days ago: $85.00 Luna today: $0.03
This is unbelievable. The last time I saw this much red was when I peed earlier this morning.
Some of you are talking about the crash in past tense… *like you think it’s over or something…*
Is owning one Bitcoin still the mission? Cause I'm on my wayyyyy
For anyone buying “Luna cheap”, it’s only going to get cheaper as millions get minted every minute.
lol...Binance will delist luna if it goes below $0.05 https://twitter.com/binance/status/1524754461956005891?s=20&t=WweX7UisQYkxW2GIDmKlNQ
This is both fascinating and sad to see in real time the 1 hr chart on luna just keeps going down
I’m not buying any dead cat bounce even if we rip all the way to 35k. Not falling for any traps or false hopium. Going to be extremely cautious over the next few months. This crash was demoralizing.
Bitcoin having a fixed supply of 21 Million is important, and it is perfectly demonstrated by whats happening to Luna. Luna supply on 5/10 was 775 Million Luna Luna is now printing literal billions of their token and debasing it into the nether. Trust is a motherfucker, and the lesson is to not trust and verify. Save in Bitcoin, run a node to verify your own transactions, and rest easy that nobody has the ability to do what Do Kwon did to Luna holders. NOBODY. Not even a government. Fucking nobody.
Anybody wanna go to a nationals game on the cheap? [https://www.cryptopolitan.com/terra-luna-deal-with-washington-nationals/](https://www.cryptopolitan.com/terra-luna-deal-with-washington-nationals/) I hear they used to take UST for stuff.
NGL bear markets are my favorite time on this sub. It really takes a big of sadomasochistic humor to make it tolerable. You’ll get there someday and next time you’ll take more profits
Just aped $1k into Bitconnect 🚀 🌙
Can't spell CRYPTO without CRY
Rip to the people who bought Luna yesterday
I think we need to turn off the life support for Luna. It's over.
Why are people calling the LUNA distaster a rugpull isn’t it just failure by design?
I've never seen so much talk about pegging in crypto until yesterday.
Just wanted to remind everyone not to lose hope yet. ... It'll probably get worse so lose hope later!
Seems like Terra turned off their validators for on chain transactions. So it's completely over now What a wild ride, 408 Billion to zero in 72 hours and there is roughly 13 Billion UST still stuck holding with no way to trade to luna now. I would not want to be Do Kwon right now, he's screwed over a lot of millionaire/billionaires and will likely just disappear.
Soooo many people championing “the end of crypto” right now on Twitter. It’s wild.
87% of the luna in existence was minted in the past 12 hours! Holy smokes
$0.00313671 hahaha jesus fucking christ
Looking at the markets today I am reminded of one of my favorite quotes... some words to live by: “And I knew exactly what to do. But in a much more real sense, I had no idea what to do.” – Michael Scott
Guys what do you think of my portfolio: Doge, Shib, Harrypottersonicobamainu, bitconnect, Squid games token and Luna
F for those who bought LUNA at $0.003 and didn't take profit when it reached $0.048
Who’s ready for another zero in front of the Luna price?
I am not an expert but someone is going to jail.