jedisco:


Luna aggressively selling now + a bank run on ust could cause chaos

Luna is in a death spiral in order to save UST

Considering cutting my UST

https://mobile.twitter.com/jonwu_/status/1523793482850050048?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Ibime:


After a big drop like this na consolidation sure pass but external factors like Nasdaq and Fed fit slap am down again before you know

Please, What was the trigger for this new Betec tanking?

In a moment like this
I will sing a good song to the lord

Singing aaaaah i loooooove you lord
Singing aaaaah i loooooove you lord

Luna is dead as a token. It has lost trust. It's never coming back. RIP.

Ibime:


Luna is in a death spiral in order to save UST

Considering cutting my UST but Bleep it, I can sleep on it


https://mobile.twitter.com/jonwu_/status/1523793482850050048?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

LFG might just be the ones to cause a capitulation... over 20% reduction in their mcap today... There were signs yesterday with some curious moves causing a minor depeg... perhaps some big players had it planned out.

jedisco:


LFG might just be the ones to cause a capitulation... over 20% reduction in their mcap today... There were signs yesterday with some curious moves causing a minor depeg... perhaps some big players had it planned out.

Nah, it was always a Ponzi to have a stablecoin pegged to the performance of a token. Absolutely no provision for bear market. That one is buried and gone. Though I'm sure Vitalik and Hoskinson will be laughing sha

Am glad to know whales do get rekt too

Rip to Kwon and Luna foundation

Enough of their manipulations

LUNA, like FTM, FIL, ADA and co is DEAD AND BURIED. Interesting times.

I sold my UST at $0.85. 10% loss of $300

Ibime:
I sold my UST at $0.85. 10% loss of $300

Omo see as stable coin is falling flat like a rugged shitcoin

Ibime:
I sold my UST at $0.85. 10% loss of $300

Reminds me of when xrp tanked and dragged the whole market down.
Luna a major has lost over 50% of its value in a day

seankafor:
Omo see as stable coin is falling flat like a rugged shitcoin

Tron just launched their own algo stablecoin USDD copying UST and had a big pump on the news. Who can short should short TRON with like 5x.

jedisco:


Reminds me of when xrp tanked and dragged the whole market down.
Luna a major has lost over 50% of its value in a day

Luna is going to zero bro

It's an arbitrage paradise

You can buy $1 worth of Luna with 1 UST (currently $0.80)

You then immediately dump the $1 worth of Luna into $1 in USDC, BUSD or USDT = selling pressure

They are just bleeding their marketcap out into USDC, BUSD and USDT

Rinse and repeat, they will be selling LUNA all day and all night for the 20% arbitrage

The only way to stop it dead is to sell their $3bln BTC to restore peg and simultaneously kill BTC . . . . and after restoring peg, it will be attacked again.

Ibime:


Luna is going to zero bro

It's an arbitrage paradise

You can buy $1 worth of Luna with 1 UST (currently $0.80)

You then immediately dump the $1 worth of Luna into $1 in USDC, BUSD or USDT = selling pressure

They are just bleeding their marketcap out into USDC, BUSD and USDT

Rinse and repeat, they will be selling LUNA all day and all night for the 20% arbitrage

The only way to stop it dead is to sell their $3bln BTC to restore peg . . . . and it will be attacked again.

The bank run has begun...Luna being isolated, others would watch... This might put to bed other algo stables...
Selling more of their betece will cause a further market wide crash increasing panic again.
Well they sent a chunk of their Bitc0in to binaz....

Bullish chart.. hehe

jedisco:


The bank run has begun...Luna being it's isolated, others would watch... This might put to bed other algo stables...

Bullish chart.. hehe

Buyside pressure empty...

Binaz may step in to save the day

Ibime:

Don't be surprised it might have a mega bounce from around 20...

why did i close my sol short

meanwhile, God bless illegend and nna777.

jedisco:


Don't be surprised it might have a mega bounce from around 20...

Luna has lost retail completely. I don't see any future barring them breaking off from UST, cooling their heels for some months or years and coming back with another angle. Not to mention BeeTee could provide another systemic crisis. Were coming up to price points where Institutions might start bailing.

The bloodier, the richer. I wouldn't say you guys were warned, but I will say: think and grow rich.

iLegenddNoReply:
The bloodier, the richer. I wouldn't say you guys were warned, but I will say: think and grow rich.

On gaad!!

Doge is approaching the magical 0.1.

Kept getting banned for some vague reason. Mod abeg no vex

To the mooooon! Or?

DenreleDave:


How much u kon sell ur car?? U Don enter stg

Lmao. Na car charger I been wan sell. Lmao

BoluwajiPieters:
LUNA, like FTM, FIL, ADA and co is DEAD AND BURIED. Interesting times.

What about storj?

stablecoin not so stable anymore ,the dance has just begun

Some days ago, I said there will be a bloody crash on the 11th. Unfortunately, the crash came on the 10th, but I still have a feeling there is more on the 11th and another on the 15th. #Smile.

Don't be afraid. It's part of the game. Losing money is better than losing your life. It's just money that you lost, not your life. Think about it.

Ibime:


Luna has lost retail completely. I don't see any future barring them breaking off from UST, cooling their heels for some months or years and coming back with another angle. Not to mention BeeTee could provide another systemic crisis. Were coming up to price points where Institutions might start bailing.

The institution being chewed up now is Luna... folks were forced to sell their bitc0in holdings at a loss

I hear sailors holdings has a call price at about 25k. As it's out in the open, that might be another target

I'm officially a Lunatic too. Since there is fear everywhere, I decided to choose greed over everything.

iLegenddNoReply:
Some days ago, I said there will be a bloody crash on the 11th. Unfortunately, the crash came on the 10th, but I still have a feeling there is more on the 11th and another on the 15th. #Smile.

Don't be afraid. It's part of the game. Losing money is better than losing your life. It's just money that you lost, not your life. Think about it.

what is the meaning of life if I just keep losing money

I am beginning to suspect those two. Maybe they need some proof.

millennialaku2:

its been long bro. you can look through the posts of those i mentioned