What's going on with Luna?
- Thread starter The_Krakenite
- Start date
You must have some ESP to detect this massive drop.
Luna dropped from 75 to 0.06 in just 5 days.
In terms of speed of the drop, is this the world's record?
Luna peak was 119 a few weeks ago on 5 Apr 2022
Now it is 0.012 which is virtually worthless.
Does this qualify as Tulip Mania #2?
OP must be a trading diety for being able to hilite this LUNA thing.
Can traders short LUNA?
If they can, soon there will be many many success stories from those
who shorted LUNA.
they should be billionaires by now.
LUNA is a very good example of
the very PRICELESS thing that can change to a damn WORTHLESS thing.
Congrats to those who profited massively from its massive downtrend.
No pity no sympathy for those foolish & greedy investors.
who will be next ?!?!?
Is it Bitcoin ?!?!???!!?
Then that will be mother-of-all-Tulip-Mania.
Good Job OP. You can retire now.
I guess your current problem is how to spend so much money
you have profited massively from shorting LUNA
Anyway it is good to see those virtual crypto garbages eliminated.
Now it is 0.012 which is virtually worthless.
Does this qualify as Tulip Mania #2?
OP must be a trading diety for being able to hilite this LUNA thing.
Can traders short LUNA?
If they can, soon there will be many many success stories from those
who shorted LUNA.
they should be billionaires by now.
LUNA is a very good example of
the very PRICELESS thing that can change to a damn WORTHLESS thing.
Congrats to those who profited massively from its massive downtrend.
No pity no sympathy for those foolish & greedy investors.
who will be next ?!?!?
Is it Bitcoin ?!?!???!!?
Then that will be mother-of-all-Tulip-Mania.
Good Job OP. You can retire now.
I guess your current problem is how to spend so much money
you have profited massively from shorting LUNA
Anyway it is good to see those virtual crypto garbages eliminated.
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If you don't understand the reason LUNA tanked to sub 1cent it might be natural to think Bitcoin is next.
It appears you may be the one not understanding. Luna required a set stringent rules/requirement with UST in an arbitrage system. That system broke down.... similar like in the crash of 87' the arbitrage on S&P broke down and the whole system collapsed for a time while the world desperately tried to unwind it. Luckily futures rebounded and the system recovered or there may no longer have been international markets today.
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