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Message
re: Official CryptoTalk Thread
Posted on 5/11/22 at 8:10 am to RJSambola
Posted on 5/11/22 at 8:10 am to RJSambola
quote:
Liquidity drop, atbitrage, redemptions. Peg break. Luna drop. Liquidation, arbitrage, redemptions. Second drop. Repeat. Repeat. Loss of confidence, more liquidity loss. Repeat.
I cannot wait for the forensic analysis of this. To be fair to this situation it happens to most currencies in the long run i.e. Yuan and Yen right now. Can they call up the IMF for help yet?
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