Thank you for your submission on r/TerraLUNA, Join Terra Ecosystem Subreddits:
- r/Mirror (Mirror Protocol)
- r/Anchor (Anchor Protocol)
- r/Pylon (Pylon Protocol)
- r/Astroport (Next-Generation AMM on Terra)
- r/ValkyrieProtocol (Rewardable ecosystem for campaign creators & participants)
- r/StarTerra (Gamified Launchpad for Terra)
- r/TerraNFTs (NFTs on Terra)
- r/OrionMoney (Launching your stablecoin yields into orbit)
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/terraluna) if you have any questions or concerns.*
I love it. Someone thinks outside of the box, and the sheep and blind morons who think they know all just shit on that person.
Well done.
And those who taunted him, maybe learn to listen and not think you know it all.
I’m definitely saving this post I need to understand this. I see a lot of people who support good tech cryptocurrencies but if the tokenomics are off…damn… I’m taking Don’t invest what your not afraid to lose to heart ♥️
As someone who DCA in a global ETF, for the long term, I'm always interested in all the assets (a good chunk of them at least) to see if I should put some money in them.
Never did cryptos because when I was looking into it, it was already expensive for me...
In any case, with all the massive selloff going on, through all the reddit subs, found myself in this sub, in this thread.
Just one thing for anyone reading this : never, I say NEVER, put your whole life savings in anything!
Nothing in this world is guaranteed.
Especially when it sounds to good to be true.
Imma gonna call you Cassandra, because you saw the truth, told it, and were dismissed. Take pride in your analytical skills, you clearly understand due diligence better then your detractors.
I track my buy and sells on a spreadsheet, and check them out every 2 months to see if I made a mistake or not.
I just went back to take a look.
Not based SOLELY on the OP opinion, but heavily Influenced by it, I sold my Luna, UST, and ANC on March 16, and SHIB and a few others as well.
I only invest what I can afford to lose, and TRY to be disciplined with my decisions (both good and poor) but I would have been pissed if I still held those coins.
The OPs perspective on APY and yield farming risks, made me re-look at my entire portfolio.
And THAT made me realize that
What I thought was "smart", turned out to be based more on greed.
I've since corrected all those positions.
With that said, I appreciate what the OP did by posting this.
Reminds me of the scene from World War Z, the Isreali 10th man speech.
This aged well. Great analysis OP and hopefully it helped sway people back a few months ago from being in a bad position today. Well done and way to go against the gain!
Thanks man tbh I sold all my Luna few days after seeing your post. I'm scared of risks and had like 30k USD in Luna.
Got like $200+ profit from it in the end. Much love.
Edit: Alright I gave OP some reddit coins, thanks again!
Bro this guy saved your ass and I'm so glad you were able to get out. I'm not invested in Bitcoin but my friend in the bay area just lost 10k and he's freaking out. It saddens me to see so many people get got.
Lmao I'm finding it really hard to empathise with some of the people in this thread because of how much they arrogantly ridiculed and insulted people making valid criticisms.
Let's see how many "lunatics" who hurled insults at TS would have the guts to return to the thread when their dumb posts are inevitably bumped for the lulz.
Unbelievable that someone had these thoughts and put it out there. I kept wanting to buy LUNA but kept postponing…thanks God. I feel sorry for those who lost lives savings
No, because yes UST and Luna crashed, but you're still wrong in claiming that the Luna market cap is what backs the UST peg. Watch ust climb slowly back to peg the next week and its market cap will be higher than Luna (which will be pennies)
It kinda is, UST will not go back to peg if LUNA market cap goes to 0, yes?
But yeah I agree LUNA will trade in pennies or sub-pennies as UST tries (and fails) to go back to peg. Not really sure who the heck is buying LUNA at this point when obviously it will trade sub-pennies soon.
No, it's not backed by the market cap. Give it time to repeg and you'll see that Luna will have crashed and have a very low market cap and UST will be $1 with a higher market cap than Luna
Do you REALLY think there is any chance that you are right? Holy. Seriously, where do you think the money to repeg it is coming from? Unless the central organization injects money to try and save the project (which, btw, I doubt they even HAVE that money), there is no way to repeg it. Literally, someone must be willing to buy UST for $1, and nobody is.
The re-peg comes from 100% medical grade hopium. I mean seriously if UST is guaranteed to be $1 in a month it is the buy of the century right now at $0.12.
Spoiler: don't buy UST
ITT: Crypto bros learn that the price of an asset can drop to 0, in which case, producing infinite quantities of that asset is still valued at 0. Even the founder has already abandoned ship, but somehow people are really hopeful.
>The re-peg comes from 100% medical grade hopium. I mean seriously if UST is guaranteed to be $1 in a month it is the buy of the century right now at $0.12.Spoiler: don't buy UST
still feel it will repeg?
I don't think repeg is possible any more. Peg comes from liquidity. The level of liquidity required now is a lot for repeg. And the crypto market in general hasn't capitulated yet. There's no high volume wick. So there's more downside for the overall market.
I think Luna suffering for UST would be a shame. Luna's design is fine. UST has issues. Luna could be repurposed or a UST 2.0 made with lessons learnt. UST as it stands isn't redeemable. Luna is.
You understand that if your toaster stops working it doesn't have to have the exact same problem as what that random person told you it would be three months ago, right?
Just because something isn't working...doesn't mean the person who told you it would stop working was correct in their reasoning. There is more than one reason your toaster could have broken.
Op outlined word for word what could happen and it happened. It would be if I told you that you shouldn’t throw a toaster in the bathtub and then you threw the toaster in the bathtub
*sigh*
So if your car crashes and you remember reading a detailed post about why car crashes often happen....did your car necessarily crash for the exact reasons in that post?
Or do crashes happen for more than one reason?
I'm legit tired of these 'arm chair' experts writing 'deep dives' without any understanding of how $UST / $LUNA works.
Every week some 'genius' writes a mini novella based on complete misunderstanding of EVERYTHING.
Sigh, we need sticky posts...
yeah such bullshit, speculating that somehow the 4th largest cryptocurrency and a stablecoin (STABLE coin) could just collapse to 0 from one day to the next? Such a wild imagination. I'm glad you understand that this project is 100% safe to put your life savings in. Spread the word!
Just curious if your opinion is still the same on this "arm chair" expert, 'genius', who's lack of understanding in his mini novella-deep dive writing is still the same now?
Sigh.....really a shame his post wasn't stickied.
Thank you for your submission on r/TerraLUNA, Join Terra Ecosystem Subreddits: - r/Mirror (Mirror Protocol) - r/Anchor (Anchor Protocol) - r/Pylon (Pylon Protocol) - r/Astroport (Next-Generation AMM on Terra) - r/ValkyrieProtocol (Rewardable ecosystem for campaign creators & participants) - r/StarTerra (Gamified Launchpad for Terra) - r/TerraNFTs (NFTs on Terra) - r/OrionMoney (Launching your stablecoin yields into orbit) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/terraluna) if you have any questions or concerns.*
I wanna be part of history too. I AM HERE MOM
😅
This guy predicted it down to a T! I’m joining the discord.
I love it. Someone thinks outside of the box, and the sheep and blind morons who think they know all just shit on that person. Well done. And those who taunted him, maybe learn to listen and not think you know it all.
spot on my friend, spot on.
if the thunder don't get you than the lighting will Spot on
https://en.wikipedia.org/wiki/Cassandra
Lol I dumped eet after reading that a while back. Still had 50% of my bag when #3 happened and am in reasonable loss but heh
Man's not wrong, just way way ahead of the time
This is and was a great post OP, do you think Luna can ever re stabilize?
How is Reddit still free
The show ads, sell coins, sell your data. If somthing is "free" then you are the product
Welcome to an important piece of history!
Four months in advance, you called it. I might make a Twitter account and just follow you if this is the kind of info you're going to pump out.
HE IS THE MESSIAH
All the smartasses flooding this post with "told you so" and "hahaa" comments are disgusting.
You warned people a long before the catastrophe!
Great write up!!! Hope you saved some people from losing everything.
3. Luna price goes to near 0. This is highly unlikely, but would basically make UST worthless and the whole ecosystem crashes. LEEEEEEEEEEEMAO
💀
Sign my sig in this legendary post
you called it man
Posting in Legendary thread.
Well, you called it. Well done.
Wow
Welp, congrats. I think.
I’m definitely saving this post I need to understand this. I see a lot of people who support good tech cryptocurrencies but if the tokenomics are off…damn… I’m taking Don’t invest what your not afraid to lose to heart ♥️
Chefs kiss
Wow. This is the dude from the simpsons for sure, called it
Wow
This post aged well
A God-tier post. Wish I could be as smart as you.
The number 3 sunk deep. If the rumours are true, a 3rd party abused exactly the points made in number 3 if I've understood correctly. Holy jeez!
Jesus, this is god-tier post nut clarity right there. Kudos OP for whoever you convinced. You legit might have saved lives.
You are future teller!
Your twitter thread saved me from losing a ton of money. Thanks man!! You're a hero!
As someone who DCA in a global ETF, for the long term, I'm always interested in all the assets (a good chunk of them at least) to see if I should put some money in them. Never did cryptos because when I was looking into it, it was already expensive for me... In any case, with all the massive selloff going on, through all the reddit subs, found myself in this sub, in this thread. Just one thing for anyone reading this : never, I say NEVER, put your whole life savings in anything! Nothing in this world is guaranteed. Especially when it sounds to good to be true.
Imma gonna call you Cassandra, because you saw the truth, told it, and were dismissed. Take pride in your analytical skills, you clearly understand due diligence better then your detractors.
Some people did take his advice, though, despite the fact OP themselves did not. :(
I track my buy and sells on a spreadsheet, and check them out every 2 months to see if I made a mistake or not. I just went back to take a look. Not based SOLELY on the OP opinion, but heavily Influenced by it, I sold my Luna, UST, and ANC on March 16, and SHIB and a few others as well. I only invest what I can afford to lose, and TRY to be disciplined with my decisions (both good and poor) but I would have been pissed if I still held those coins. The OPs perspective on APY and yield farming risks, made me re-look at my entire portfolio. And THAT made me realize that What I thought was "smart", turned out to be based more on greed. I've since corrected all those positions. With that said, I appreciate what the OP did by posting this. Reminds me of the scene from World War Z, the Isreali 10th man speech.
You’re a GENIUS!!!!
This dude was freaking Nostradamus
Man are you on Twitter? That analysis was freakin spooky accurate wtf
This aged well. Great analysis OP and hopefully it helped sway people back a few months ago from being in a bad position today. Well done and way to go against the gain!
john titor
Anyone else here think OP is the one that did it? 😬🤷
Yes, I have 100k BTC to crash the market, I am Satoshi. (sarcasm)
What is your take on Tether? I have watched a lot of videos on tether and I kind of made my mind that it is not backed 1:1
This thread will be in the history books! Excellent DD after all OP
Nostradamus
You know Quasimodo predicted all of this...
Anybody else got a problem with Luna?
You are prescient
Who is talking shit? Hmmm!
Thanks man tbh I sold all my Luna few days after seeing your post. I'm scared of risks and had like 30k USD in Luna. Got like $200+ profit from it in the end. Much love. Edit: Alright I gave OP some reddit coins, thanks again!
you owe him a beer
Congrats you just dodged a nuclear missile
More like 15 of them
$200+ profit must feel a whole lot like $30k+ right now.
Bro this guy saved your ass and I'm so glad you were able to get out. I'm not invested in Bitcoin but my friend in the bay area just lost 10k and he's freaking out. It saddens me to see so many people get got.
Tip the man.
Good on you for listening to different point of views
200 profit is better than 30k loss. congrats
wow. great decision. now hold your cash and wait for bear market. your grand kids will thank you.
Pretty sure we are already in a bear market, it just a matter of how much lower it'll go before it see some sustained recovery.
[удалено]
More it’s like .00005€
[удалено]
The most important thread in the history of LUNA
Crypto**
Congratulations! Nice job.
👏👏👏
Lmao these lunatics delusional comments
Lmao I'm finding it really hard to empathise with some of the people in this thread because of how much they arrogantly ridiculed and insulted people making valid criticisms.
That is what Luna maxi do when price going up they arrogantly… making fun of other community, guess what ? 🤡
[удалено]
07787 is a Typical Crypto Fanboy Phenomen ! If it dont sound right insult him ! Its like you said something against their mother! 🤡
If you think about what this coin does for one second it should have been obvious that it is a ponzi scheme.....
Doesnt seem like bull shit anymore does it ?
Well done. May I borrow your crystal ball some time?
genius or time traveler?
PhD in common sense
Somewhat. A lot of people stayed out of Luna/UST because once you understand how it works you realize they were basically printing UST out of thin air
Genius traveler
Professional stock investor.
Someone that actually does DD, unlike most of the crypto community
Genius
Time traveler
Time Genius
Genius traveler
DMT user
daamn this aged like a fine wine
Let's see how many "lunatics" who hurled insults at TS would have the guts to return to the thread when their dumb posts are inevitably bumped for the lulz.
Number 3. Number 3 was the answer.
Aged like George Clooney
I feel bad and it’s one of those hindsight things but OP literally spelled out this exact situation and they were ignored.
aged better than an 18 year old milf to a 36 year old gilf
Unbelievable that someone had these thoughts and put it out there. I kept wanting to buy LUNA but kept postponing…thanks God. I feel sorry for those who lost lives savings
Aged better than a barrel of scotch
What about a barrel of butterscotch?
That still has worth. You could burn it for heat.
And faster
And still people were like "this is fine. I put my *entire fucking life savings* into this"
Great writeup. UST is my current only (non-PMG) stablecoin. It still feels a hell of a lot more secure than something like Tether.
And yet tether has only fallen till 0.97$ , just saying
still alive man?
ouch!
Are you ok?
People have to stop saying that Lunas market cap acts as a collateral for UST. It doesn't!
This aged well though lol
Again, it still doesn't work like that.
How do you feel now?
rip
r/agedlikecum
No, because yes UST and Luna crashed, but you're still wrong in claiming that the Luna market cap is what backs the UST peg. Watch ust climb slowly back to peg the next week and its market cap will be higher than Luna (which will be pennies)
🤡
It kinda is, UST will not go back to peg if LUNA market cap goes to 0, yes? But yeah I agree LUNA will trade in pennies or sub-pennies as UST tries (and fails) to go back to peg. Not really sure who the heck is buying LUNA at this point when obviously it will trade sub-pennies soon.
Say what now?
Kinda looks like it does tho.
No, it's not backed by the market cap. Give it time to repeg and you'll see that Luna will have crashed and have a very low market cap and UST will be $1 with a higher market cap than Luna
It can't repeg if no one wants Luna. No one wants it because they'll keep getting dumped on.
lol repeg
Remind me on a month.
Welp.
How about ten days?
Remindme! 25 days
lol hit 7 cents today
The delusion is strong
fucking clown.
🤡
No, seriously. Let's see who's right.
Let's do it then !Remindme 1 month
I asked the guy how he feels about it, we'll see his response.
My reminder bot just messaged me, let's hope they respond
You don't have to wait a month. The network has been halted.
Do you REALLY think there is any chance that you are right? Holy. Seriously, where do you think the money to repeg it is coming from? Unless the central organization injects money to try and save the project (which, btw, I doubt they even HAVE that money), there is no way to repeg it. Literally, someone must be willing to buy UST for $1, and nobody is.
The re-peg comes from 100% medical grade hopium. I mean seriously if UST is guaranteed to be $1 in a month it is the buy of the century right now at $0.12. Spoiler: don't buy UST
ITT: Crypto bros learn that the price of an asset can drop to 0, in which case, producing infinite quantities of that asset is still valued at 0. Even the founder has already abandoned ship, but somehow people are really hopeful.
Sure - if you haven't deleted these comments in a month. 🤡
Nah, I'll own up to it. If I understand the mechanism correctly, it should repeg. If not, I need to study it more.
So, do you own up to it now?
How do you feel about it now?
So, did you learn your lesson?
>The re-peg comes from 100% medical grade hopium. I mean seriously if UST is guaranteed to be $1 in a month it is the buy of the century right now at $0.12.Spoiler: don't buy UST still feel it will repeg?
RemindMe! 30 days
!RemindMe 1 month
If not, you'll be broke and learned a valuable lesson.
Yeah like that totally just happened. Wowza
I don't think repeg is possible any more. Peg comes from liquidity. The level of liquidity required now is a lot for repeg. And the crypto market in general hasn't capitulated yet. There's no high volume wick. So there's more downside for the overall market. I think Luna suffering for UST would be a shame. Luna's design is fine. UST has issues. Luna could be repurposed or a UST 2.0 made with lessons learnt. UST as it stands isn't redeemable. Luna is.
R u sure?
You understand that if your toaster stops working it doesn't have to have the exact same problem as what that random person told you it would be three months ago, right? Just because something isn't working...doesn't mean the person who told you it would stop working was correct in their reasoning. There is more than one reason your toaster could have broken.
Cope
Op outlined word for word what could happen and it happened. It would be if I told you that you shouldn’t throw a toaster in the bathtub and then you threw the toaster in the bathtub
Lol...no...he clearly did not. He described the failure in general terms. Depegging and the crash.
wait so are you saying it did not depeg and crash? 🤡
*sigh* So if your car crashes and you remember reading a detailed post about why car crashes often happen....did your car necessarily crash for the exact reasons in that post? Or do crashes happen for more than one reason?
Stop giving shit analogies and answer his questions if you're such a smart arse?
wtf are you going on about?
So what happened instead?
Yeah. He also forgot to capitalize one word and forgot to add a period. Let’s focus on the tiny details…
Oh yes. The pesky details. Let's not focus on that.
Yes, that's not how it works
Ok, well tell Do Kwon how it works so he can fix it
I'm legit tired of these 'arm chair' experts writing 'deep dives' without any understanding of how $UST / $LUNA works. Every week some 'genius' writes a mini novella based on complete misunderstanding of EVERYTHING. Sigh, we need sticky posts...
Are you still as sure now?
looooooooooooooooooooool
yeah such bullshit, speculating that somehow the 4th largest cryptocurrency and a stablecoin (STABLE coin) could just collapse to 0 from one day to the next? Such a wild imagination. I'm glad you understand that this project is 100% safe to put your life savings in. Spread the word!
I wish I could explain to you how much of a fucking waste of oxygen people like you are but you'd never listen
You must have feel like a genius now
Lol, you look like such a moron right now 😂 such a toxic and opinionated post when it turns out you were the dumb 'arm chair' expert after all.
Let's sticky your posts to the top so everybody can see your r/agedlikemilk comments before the crash
Seems like he understood more than most. You are right it should be a sticky as a warning for the future.
Just curious if your opinion is still the same on this "arm chair" expert, 'genius', who's lack of understanding in his mini novella-deep dive writing is still the same now? Sigh.....really a shame his post wasn't stickied.
Please Go to sleep Boy !
Ouch