Started By
Message

re: Official CryptoTalk Thread

Posted on 5/11/22 at 8:24 pm to
Posted by LordSaintly
Member since Dec 2005
42385 posts
Posted on 5/11/22 at 8:24 pm to
Damn
Posted by supadave3
Houston, TX
Member since Dec 2005
31890 posts
Posted on 5/11/22 at 8:37 pm to
Imagine your a man that had $100k in LUNA and another $150k in other coins. You took a week “off the grid’ vacation. You come back, all nice and tanned, relaxed, refreshed…You finally get around to checking on your crypto balances….

You feel something cold on your shoulder, look up and it’s the floor.
This post was edited on 5/11/22 at 8:38 pm
Posted by TigerDeBaiter
Member since Dec 2010
10676 posts
Posted on 5/12/22 at 1:32 am to
Tether down to .97
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/12/22 at 1:40 am to
maybe this is pure degeneracy but i cant help but scoop up luna under .25

if it can recover 5% of its value from before that would be savage.
This post was edited on 5/12/22 at 1:43 am
Posted by TigerDeBaiter
Member since Dec 2010
10676 posts
Posted on 5/12/22 at 2:14 am to
I think the Luna bounce play was from $1 to $5… personally not touching it. Celsius is within a couple percent from being liquidated. Tether having liquidity issues.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82093 posts
Posted on 5/12/22 at 2:16 am to
Tether starting to break, wicking below 0.97 on a few exchanges.

That is bad news bears
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 5/12/22 at 2:30 am to
well i didnt throw much in or own any of it before. so not super worried even if it goes to 0.

everything is pretty bleak the next bull run better be worth it
Posted by slackster
Houston
Member since Mar 2009
91406 posts
Posted on 5/12/22 at 5:21 am to
quote:

maybe this is pure degeneracy but i cant help but scoop up luna under .25 if it can recover 5% of its value from before that would be savage.


The problem is the fact they’re minting something like 1.5 billion Luna a day at the moment to keep defend UST. They’ve diluted it like 4-5x since Monday.
Posted by cable
Member since Oct 2018
9735 posts
Posted on 5/12/22 at 5:31 am to
I can't imagine having bought BTC 5 months ago at $64k. Somebody did. That's gotta sting a little right now.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5576 posts
Posted on 5/12/22 at 6:06 am to
quote:

I can't imagine having bought BTC 5 months ago at $64k. Somebody did. That's gotta sting a little right now.


If you bought any crypto 5 months ago, the odds are good you are down much worse than that
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/12/22 at 6:16 am to




Bro


I starred buying crypto in april 2021


I'm down so big. But i don't have that much in, just mostly DCA with one large purchase anda large airdrop
Posted by CarolinaGamecock99
Member since Apr 2015
24672 posts
Posted on 5/12/22 at 6:19 am to
Saw a tweet from a guy who bought 2.8 million dollars worth of LUNA a few days ago. It’s worth 50k now
Posted by slackster
Houston
Member since Mar 2009
91406 posts
Posted on 5/12/22 at 6:20 am to
I’ve got less that $1500 in it at a cost basis of like $.96 at this point. I’m a degenerate.
Posted by cable
Member since Oct 2018
9735 posts
Posted on 5/12/22 at 6:23 am to
quote:

Saw a tweet from a guy who bought 2.8 million dollars worth of LUNA a few days ago. It’s worth 50k now


Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
35053 posts
Posted on 5/12/22 at 6:29 am to
quote:

I can't imagine having bought BTC 5 months ago at $64k. Somebody did. That's gotta sting a little right now


I bought in when the trading bots were all the rage on here last year. My BTC cost basis is $50k, lol.
Posted by slackster
Houston
Member since Mar 2009
91406 posts
Posted on 5/12/22 at 6:50 am to
This whole episode is going to be exhibit 1 for the regulation that’s coming in the US. I think most know that, but the story is plastered on every financial website around.
Posted by AUCE05
Member since Dec 2009
45142 posts
Posted on 5/12/22 at 7:21 am to
I went all cash early last year. I'm happy rn. Bout to close shop
Posted by tween the hedges
Member since Feb 2012
20587 posts
Posted on 5/12/22 at 8:16 am to
I told myself for a year I’d buy a whole coin under 30.

And here I am too scared to do anything
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/12/22 at 8:25 am to
quote:

This whole episode is going to be exhibit 1 for the regulation that’s coming in the US. I think most know that, but the story is plastered on every financial website around


This is the unfortunate truth. The only hope i have is that they recognize the difference between algo stables and collateralized stables.

Worst case, they ban stables and force US users to use a CBDC once it is inevitably released.
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 5/12/22 at 8:49 am to
LUNA actually going to O . Wow! Thought going to zero was only a meme . Stay safe friends . This time seems different .
This post was edited on 5/12/22 at 8:50 am
first pageprev pagePage 1943 of 2241Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram