How is UST backed? Why is Terra Luna crashing? Let's discuss the LATEST cryptocurrency news for bitcoin, ethereum, altcoins, & more!
Do Kwon Tweet Thread:
1/ Dear Terra Community:
— Do Kwon 🌕 (@stablekwon) May 11, 2022
💰 The Largest Recession in History is Coming (BUY BITCOIN NOW?!) | Will Clemente
🎸 Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022:
📈 Raoul Pal's Crypto Forecast for 2022:
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TimeStamps:
00:00 Intro
00:20 Terra Luna Collapse EXPLAINED (Why Bitcoin is Crashing)
02:35 Terra Founder (Do Kwon) EXPOSED!
04:46 NEW: Do Kwon Issues Statement About UST Stablecoin
07:07 My Thoughts on This Collapse
08:10 Another Publicly Traded Company Buys Bitcoin
09:34 Final Thoughts
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
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Everyone is in the denial phase of this market right now. The bears are here and it’s time to DCA people. Hold tight and take advantage of these opportunities.
Scammers/bots are getting much worse!! They are using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments or DMs. Be careful! 👍
PSA: don’t buy this until peg is restored and an obvious trend reversal has been made. the bottom may be $0.10 or it may be $0.000001, be careful
Black rock is doing it
It would be crazy to lose 99% of your portfolio in a day.
Petergmack 4811.,.
Well one thing I do agree with is seeking the assistance of a professional
It could be at 150k tomorrow. You still can’t cash out hardly anything. It’s worthless.
Hire admin bro
The problem and the reason nobody expected this was because YouTubers kept pushing the bull market narrative when every indicator showed we were in a bear Market they lied to and manipulated us into believing it was going to go up so that they could keep their YouTube viewership up and keep making add money
Sounds like kwon KNEW that terra/ust had this unresolved weakness but still chose to force feed this to the market.
Market cap has increased by 1 billion in 1 day and it’s still down. Dragging everything with it. The amount of money going into this to save it is insane. Will it work…who knows…will it recover, maybe. Will it be trusted in the future, no.
Remember when it was, “will eth hit 100k by years end!?” Hahaha 🤣
Bro plx help me out am I actually fucked ? Is this legal ? I literally couldn’t stop the liquidation because it crashed so fast pls sombody help 😭😭😭😭😭
If not Ponzi where did the guaranteed 20% returns from this project come from?
I moved half of my UST bag to Kraken to get some DOT and ATOM. They’re both down significantly.
But I had no idea I’ll see UST and LUNA in this death spiral. At this point, I’m just buying LUNA as it dips. No idea where it goes but I think this could very well mark the death of many, many alts.
Dimond hands! Just delete your wallet apps and ig Orr social media and check on it in 5yrs✅️
Luna is gone
these sort of channels are dangerous
ah yes, have to point at a group of people to put the blame on, of course..
I am not a bot. Send me money
Yeah I just made 1trillion bullshit with Peter Gerald.
Glad that I bought LUNA at 60$ dip
Do your own research its not youtubers fault
@shivam singh yes and if 99% of their folio was in Luna then they shouldn’t have a folio
If It’s not trusted, I’ll buy ADA. You know Charles is so honest, he cared to warn Luna hodlers that Luna would crash. Charles is THE MAN.
It’s just a matter of time everything will definitely be fine let’s watch and see How it goes though .
Yeah lost my complete luna stack in 1 day. It was grown to my biggest stack. Ofcourse btc and eth as 1 and 2. But bought Luna early and it was by far my biggest. Lost 200K in 24 hours. Damn 😥
Happened before and will happen again, perfect time to shuffle the deck, get rid of the deadbeat coins and shift funds to future gainers. Just hodl the good coins, the past has proven that they will come back better and stronger. Look beyond short term history, look back years.
You’re the voice of reason I needed!
Teather is faultering…. Achilles heal of the alts and a little of btc.
Cosmos
@TheHaasbeun bro wtf is wrong with you people? I see nobody has learned from 2008 and the stock market. Won’t put anything I’m not willing to lose.
@_frostyy I started DCA when BTC hit $30k
Honestly the Luna situation really really just set the industry back.
I <,undeniably treasure the update on crypto we are getting from you ,for me I think this is the best time to invest since the market is at a low rate. Investors were hoping that inflation was going to come in lower than expected in the hopes that the fed wouldn’t increase the rate hikes in the coming fed meets. The main issue is core inflation is still a problem and now they are afraid that the Fed Chair could increase the rate hikes to further reduce the inflation which will drive markets even lower. Let’s just hope they stay with the 50 basis points in the next meeting. I am down slightly like most others. But I am not going to blame my coach because she won't cry for me. It's not her fault because what i lost happened to be part of my profits. It's good that i trade not this hodling thing if not, i would have been in a big mess by now like other hodlers. Just like getting beaten in a fight. You look at what went wrong, learn some new blocks, some new attacks, get in better shape, and get back into the fight. There will another day for all of us. What i'm trying to say here is that you if you haven't invested in crypto yet, now is the best time to do so. Don't just invest and seat on the fence to watch, after investing learn to trade because that's the best thing to do. Big thumbs up to Mrs Robin Moore who taught me how to trade and earn more by applying her trade signal and tips to my trade. So far i drift into trading my crypto Assets after seeing the needful to do so, i have been able to trade on weekly basis and atop 12 btc while my start up was 2.01 btc. It's advisable we trade our assets to accumulate more not this hodling thing, just in a case like this that we are in *dip*. It will enable you to stay up even when others are crying, you will have nothing to be bothered about because you portfolio is up while others are down. We all should learn from our previous mistakes and start trading. You can stretch out to Mrs. Robin on ͲeIєɠɾαm @moorerobin or What'sapp ✙12132627458 for more update on how to trade and earn with her explicit trade signal ..
Cheers, Lots <,people from previous btc cycles had learnt their lesson not to sell in this cycle early but keeps trading with Robin's Trade strategy.
I <,hate seeing crypto people lose. But seeing an opportunity and refuses to bounce on it is the worse case scenario
The reason <,I started trading with her was because she is almost the only person a newbie listening to could find out what holding and not trading is a risk.
a big <,thank you to the rest of your team for the great work and consistency, your work is genuinely appreciated.. shout out Robin Moore 🙌
1000% agreed! <,There's a lot of people in the crypto Market that are going to learn the hard way, some will leave forever, some well learn and do better next time, some made a little bit of money, and the veterans are just riding the wave capitalizing on opportunity. This is the way the game works, you might lose you might win the only way to find out is to play the game.
That person would be defined as dumb money to have all of it on a single bet.
We’ve all sold last year at the peak… Music stopped playing long time ago.
Which one is next?
*there’s a glItch with rate on binance’s chager to ethereum almost x4 , i made a vld ‘*
@Angry Gamer Luna is at 0.06
💯❤️…. DM Asap⬆️⬆️!!
💯❤️…. DM Asap⬆️⬆️!!..
💯❤️…. DM Asap⬆️⬆️!!.
How do I get to him?
.
My favourite TA man. ALWAYS on the ball, honest and to the point
Bitcoin is bringing a different revolution in the world economy, people so are optimistic investors earn consistently, others will just sit and watch
@TheIcecoldorange me too
@TheIcecoldorange I lost everything now
@Ayman Thomas you forgot a 0
@telo G it already hurts bro 🙁
Lost 100 usd*
He did that’s why he was buying btc and avax to support it
i sold at 55k. Im smart
its dead – be smart
@AnonymouseCamel yep yep. It was a stupid gamble but lesson learned 😂
@KryptOKeeper and only btc or aldo altcoins? Like polygon, eth, avax..
U think its worth aldo yo dca in these coins?
I think this pandemic has taught people the importance of multiple streams of income, Unfortunately having a job doesn’t mean security rather having different Investment is the real deal I’m glad I found him also.
I think this pandemic has taught people the importance of multiple streams of income, Unfortunately having a job doesn’t mean security rather having different Investment is the real deal I’m glad I found him also.
@Daniel A I know altcoins are about to bottom since they’re down 85% on the other hand BTC is down only roughly 50% usually it goes down about 60-80%
@electro chemical especially because of the 2024 halving
You couldn’t figure that out on your own? You really think guys like alt coin daily can really tell you what’s going to happen?
Of course he’s here to make money you shouldn’t expect all business to be fair business. He’s got his own brand. Of course he’s gonna feed it. Wake up. Life isn’t pretty.
It was very obvious that this would happen. Frankly, when NEAR’s USN solution came out, I was relieved that they didn’t set up a ponzi like UST. We will see NEAR diverge in the coming period.