LUNA confirmed dead, all BTC gone

[bartosimpsonio]

They just released their backing funds. It's all gone. LUNA is dead.

https://twitter.com/x/status/1526126716388749313

Probably going to $0 today and not coming back.

Also, because of this shit, heavy regulation is likely coming to the space. That's why we can't have nice things.

For the younger in here, paypal was almost as free as bitcoin one day. You could freely send and receive money anywhere, no regulation, it was really cool in the 90's. Then came 9/11 and tons of scams too and they regulated paypal and we got what we have today where every other day someone has their $$$ locked. This is what's coming to crypto now because people simply can't be honest.

 

[alurosu]

It was like this for a couple of day now:

https://dashboard.lfg.org/

 

[Hawkeye Digital]

Luna always been an scam , my verdict is all alts are scam to me well !

 

[awesomewebsites]

Luna always been an scam , my verdict is all alts are scam to me well !

Eth also?

 

[Hawkeye Digital]

Eth also?

Nah Eth Paper works are good mate , Hence plus everybody bags are loaded with mostly btc or eth !

 

[Elvlin]

0? 0.00000xxx maybe not 0 0
btw regulation is just matter of time, but diff than paypal. in crypto than can regulate CEX, they will never 100% regulate DEX
more service like tornado swap etc will just released in that moment

 

[GregoryY123]

Luna is a dead project, everybody knows it.
Binance or any other platform will not invest millions of dollars on an Open source code.
That they can take and copy and say this is Luna 2.0 or what ever.

 

[wankawonk]

bart do you even make money online or are you just here for a soapbox?

 

[Viralboost]

Imo Luna (Terra ecosystem) is not dead yet. However, UST is, since a PEG is impossible with current reserves

 

[mthuyet98]

Binance removed Luna on their list prove the situation. IT'S DEAD.

 

[Viralboost]

Binance removed Luna on their list prove the situation. IT'S DEAD.

https://www.binance.com/en/trade/LUNA_BUSD?theme=dark&type=spot

 

[Wire]

paypal was almost as free as bitcoin one day.

Are you really comparing fiat with cryptocurrencies? Fiat was never free and always regulated.

 

[mthuyet98]

https://www.binance.com/en/trade/LUNA_BUSD?theme=dark&type=spot

WOW, they added a quote : Risk warning: The price of this token is subject to high volatility. Please understand the risks involved and trade with caution. Binance will not be held responsible for any trading losses.

 

[noneisnone]

WOW, they added a quote : Risk warning: The price of this token is subject to high volatility. Please understand the risks involved and trade with caution. Binance will not be held responsible for any trading losses.

same warning has been active for few days now

 

[Viralboost]

Binance doesn't really care. With the trading volume being billions per day they only want to encourage people to trade and take losses. If they truly cared about users losing their funds they would have delisted it as a whole and not just as a temp measure

 

[vindicare1993]

Luna is a dead project, everybody knows it.
Binance or any other platform will not invest millions of dollars on an Open source code.
That they can take and copy and say this is Luna 2.0 or what ever.

does luna comes from an open source code?

 

[MgicalaEarner]

Thats why i never trust Crypto

 

[Thorr]

Binance doesn't really care. With the trading volume being billions per day they only want to encourage people to trade and take losses. If they truly cared about users losing their funds they would have delisted it as a whole and not just as a temp measure

I'm not kidding but you can make money if you know for sure that a coin is going down

 

[HustleTong]

LUNA has been dead ever since UST plummeted

 

[Viralboost]

I'm not kidding but you can make money if you know for sure that a coin is going down

Sad thing is that they have disabled margin trading. Otherwise, a short x50 with enough collateral to avoid a margin call would make you bank