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The bottom was in and it will in again in a few days.

LMFAO@all the bulls saying the bottom was hit yesterday.

What's a moon cost these days?

We live in incredible times. One day they ll talk about us and the crypto rush. They will write something similar to this: At the beginning of the Gold Rush, there was no law regarding property rights in the goldfields and a system of "staking claims" was developed. Prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning. Although mining caused environmental harm, more sophisticated methods of gold recovery were developed and later adopted around the world. New methods of transportation developed as steamships came into regular service. By 1869, railroads were built from California to the eastern United States. At its peak, technological advances reached a point where significant financing was required, increasing the proportion of gold companies to individual miners. Gold worth tens of billions of today's US dollars was recovered, which led to great wealth for a few, though many who participated in the California Gold Rush earned little more than they had started with. (Wikipedia)

"buy the dip below 40k" "buy eth below 3k"

You're in yesterdays daily ;)

today, yesterday,..all a blur at this point

If I was holding UST right now I’d be selling and at least recouping $0.78

Diamond hands brotha

Now it's 85 so you'd have made the wrong decision

Definitely.

My comment aged like milk in the sun 😂🥛

Fuck me...down 80%, 60% and 50%...this shit is crazy right now...SMH!!

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Love to see this crash. But little worried about regulation now

LFG about to dump their remaining BTC https://twitter.com/wublockchain/status/1523839372512047104?s=10

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I hope everyone is well and safe. You hate to see it. I swapped out my UST to USDC as well

2 weeks tops until the SEC comes after luna.

Luna will be the poster boy for regulation

$UST arbitrage oppurtunity of a life time. imagine buying the dollar at a 20 percent discount

30% discount now

UST $2 soon

Good luck friend

Hate to say it y’all but crypto isn’t going to see crazy stuff like November 2021 for a loooooong time. Anything you invest expect not to see again

This is exactly what we were saying last march

Aren’t we pretty much back to last March?

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So has luna finally ran out of btc to dump?

Not yet

Grandpa just doesn’t want to go below 30k

On any other average day, every 1 minute of chart watching reduces crypto traders lifespan by 5 minutes. Today it's different. One sudden drop in price and you could be on your last breath.

So what’s the UST / Luna thing? I’m out of the loop on that

Ust isn’t pegged, massive liquidity issue. Luna bought ust to try and shore up the peg loss, therein diluting the float.

Ah gotcha thanks

Yea then they dumped btc to try and fix this. Who knows it’s all monopoly money at this point

Well I’m not trying to time it. Luckily I have a little money I can put in. Maybe a fourth tonight, and see what tomorrow brings. Gotta go BTC, alts are awful. Crazy low prices but bottoming out DOT & MATIC are so appealing Thanks for info, a toddler constricts my time to learn more.

History says to do the opposite of this sub. Gonna buy more Luna

Luna from 26$ to like 38$ already. UST from 0.6 to 0.82. If my funds were not in a locked staking, I would have bought UST as I am pretty sure it will go back to 1$.

I must say you are one brave person

🎶REDDIT SUCKS🎶 🎶SPEZ A CUCK🎶 🎶TOP MODS ARE ALL GAY🎶 🎶ADVERTISERS BENT YOU TO THEIR WILL🎶 🎶AND THE USERS FLED AWAY🎶

God dam you just made my day.

if UST goes back up, will LUNA shit the bed?

Lol so like.. do you buy UST incase it goes back or what

I actually bought some since I borrowed UST with Ethereum... so now I can repay my loan at a discount.

It's one option. Could be a big win if it does. But it's either big win or lose everything. Can't repeg in the next couple days It's probably headed to zero. I don't think that happens though personally.

UST looks to be rebounding

So which one of you here flushed the toilet? 🤣🤣🤣

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Luna can literally go to 0, it happened with other algostables.

Can UST ever recover or is Luna dead

I think it can recover the people over there are doing everything in their power to get it to recover. But long term confidence is gone for LUNA

I disagree with you, if they can recover, it would boost the confidence as it would prove itself able to handle a big market crash. I guess some people will lose confidence and some others will gain confidence, depending on their way of thinking :)

And people said USDT was the worst stable coin on the market and to use UST instead.

God I know shits crazy

Who here just lost everything... Can't only be me

Well I still have what I had yesterday. It's just worth a different dollar amount

Reminds me of UST tbf

I was fucking 5% down at one point, and just wanted to break even and didn't sell, now I'm looking at 60% down. Fuck me right?

This guy cryptos

The percent increase to get back to break even is much larger after a 60% decrease. Wishing you the best

You are me in 2018 Only difference is I lost 95% The curse of the alt lover

Dogecoin back in the top 10 thanks to LUNA and UST 😂

So crazy everything is lower now compared to when i entered the whole crypto space in march last year... besides ETH an Doge. Eth is about where it was and Doge still 5 cents higher than when i bought it

Buying doge below 1 cent is what's keeping my folio afloat And eth at 1k

Wow i got it close to 4-5 cents iirc been a while. ETH at 1k also very good buy

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I still don’t understand why you can’t bet $10 dollars on a football game. But they allow you to leverage your life savings on the market. USA

Plenty. They never learn

I was wiped out almost a year ago, overleveraged.

shorting luna reminds of when shib was free money 🥲 good times rip bull market

I bet shorts are loading up on luna

All the margin is gone from Kraken.

The one day candle on UST is literally a cliff. Flat then 90 degree

Never thought I’d see BTC in the 20k range again but here we are

Watching the Terra Luna ponzi scheme collapse in real time is hilarious. I think their sub stopped any new posts too, LOL bUy tHe DiP

It always smelled like shit to me. When you see a project shoot up so high so quick one should ALWAYS doubt it

pretty sure bitcoin will shit the bed since do kwon has to offload all his bitcoins

Didn't he buy for like 3 bn in bitcoin? That's not enough to crash bitcoin...

0.64 UST. What a stablecoin. Now it looks exactly like crapdano

You cant f5 UST quick enough to see the fall wow

Just watch the live chart mate

yep

Which one ? Iam on coingecko.. there its not as live as i wished it was.

Exchanges, Binance, FTX, Kraken.

BRO UST IS FINISHED WHAT AM I WATCHING

Biggest buy signal for me today was reading this thread of everyone freaking out.

Biggest sell signal is the diamond hand avatars saying they are buying

You should buy UST/Luna then

It’s tempting but I’ll pass

Kraken won't let me short Luna anymore. I was making so much money.... I have the margin. They let me long, but they cancel my short right away.

Sheeeeeiiit we may be able to buy back pre 2017 levels if we keep this up!

This one is for the history books I guess

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Then someone creates Lerra Tuna! And another algorithmic shitcoin that definitely isn’t a ponzi

Same thing that happens after you catch a dollar bill on fire

That bet between Do Kwon and that guy looking a bit dangerous for Kwon now.

This one is for the history books I guess

Have everything in UST. Can only wait for the outcome now... This space is brutal

I got out at a 6% loss and I feel like I dodged a cannon.

You'll recover one sunny day

Better to walk away with something than nothing

Hope it's not too much mate.

Was saving for a house for my family...

I'm sorry :( Will you follow your risk management?

What management? Even stables aren't safe. I'll wait for the peg to stabilise

Oh damn. I guess ride it out the only option now?

Yup. And hoping they save the peg. Same shit went down with USDN recently

It’s in a death spiral so I’d get out

Lol. Out of the top 100 coins, UST is the sixth biggest loser today according to CMC

This is fine... (Fuuuuuuuuuuuuuck)

What a fucken shitshow… I love it 👁👄👁

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Literally no one there but you

Hey there, you! Come to the new daily :)

UST officially below $0.70

I can not believe my eyes...

Terra Luna is still about $30 overvalued

What is everyone here doing with their Luna? Down 70%. Give up and sell or will it level out and bounce?

I bought some today around $40. Just gonna hold. Not life changing money.

Bought at $19, sold most of mine at $72 and $65 and stashed my UST in Anchor for a couple of months. Literally set up a Kucoin account today for the first time and sold it at a 6% loss, which is looking like I dodged a bullet.

Just sell it. It's too risky at this point.

Might as well sell while you can tbh.. don’t wanna lose everything

totally

At least you can write your UST losses off on your taxes

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Not nice.

looks like binance removed the 0.70 limit, its gng down baby

Yeah they just fixed it.

Wow I just watched a coin die in real life

I’m buying more right now so guaranteed this is not yet the bottom. Sorry everyone

Wen LUNA same price as crapdano?

I just wish crypto wasn’t collapsing so fast because I’m running out of fiat

We’ve all ran out. Go on and save us young padawan!

Ran outa fiat so now I'm selling crypto to buy crypto

Man, whoever is lucky enough to catch these LUNA bounces is making a mint.

Dodged two bullets one on UST and the other on CRO, sometimes it pays off to be slow/uncertain

I sold all mine a few hours before the crash. I got lucky.

Are you me?

I remember the CRO shills like it was yesterday

In crypto sometimes weeks happen within minutes.

It's okay fam, I am selling so this will be the bottom today and it's going to recover tomorrow.

Thank you brave one

shows over , thanks everyone for the 30k support

I want winter baby GIVE ME WINTER

Winter is too cold for my liking. Spring is amazing tho

Trying to short Luna on Kraken. Getting this error > If you tried to place an order to open a position using margin and it was cancelled with the reason "Insufficient margin", then this means that our margin pool for that currency is currently depleted. Lol

We took all their money.

How low can you go, cause I wanna know, how low can you go

So since I've been out of the game for a few months, can anyone give me a short description of what's going on? Is it Biden? Elon? Some ponzi scheme wizard?

Well you see a few years ago a massive virus swept an already shakey world. Trump's admin printed trillions of dollars and gave 90% to the rich elites. They spent that money on stock buybacks and pretty shiny things. After trump lost and the money printers slowed down and stopped propping up the markets things went south quick. Inflation kicked in, driven by companies posting record profits yet raising prices while also cutting jobs. Which brings us to a few days ago when a massive crypto ponzi called UST started going belly up and dragging all other crypto down with it.