UST - Luna - Do Kwon - OMG IS THIS REAL?!?!

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Yo Luna is printing the Tokens like the FED the dollars, with the difference Luna is completely worthless.

What an Insane death spiral.

But where is a death spiral, there is also fun.

Enjoy!

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Did you think he regrets it? I think so.

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The actors in the side story are so good in the Luna UST drama. Perfect reality acting.

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Do Kwon is bullish. SOOOOOOOO bullish.

The community stays behind Kwon.

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Wow :D

VCs are also bullish as fuck

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Some delete some Tweets because of missclick. Understandable and it can happen. I mean who has never deleted a bullish Tweet on a Token thats drops to Zero?:D

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haha, thats so entertaining. Unbelievable. Look Netflix and all the other shitty streaming services cost money. Amazing to see this for free!

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What CT Tweets before the crash. Uhhhh There is Zhu SU and Justin Sun that are bullish on UST, haha.

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Browski I dont need to sell btc to come up with 300M

Don t think any action is needed though, usually these imbalances flip positive soon after the peg fud passes history.

OMG, be real thats pure gold? Leave a comment and tell me that gold right? RIGHT???

leofinance archon neoxian proofofbrain hive-engine vyb cent luna ust things-that-happen
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21 comments
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I just heard the cct https://peakd.com/hive-167922/@theycallmedan/keficspz

and realized, they had a USDT Premine, are you shitting me?! That Do Kwon probably sold the USDT OTC seeing the attack coming, underestimated it, and is still ~100-200Millions richer now. Srsly, wtf.

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I don't think it was a planned attack. IMO this is a simple Ponzi collapse.

Because counterparty risk is huge with an attack. What if the counterparty cant pay? Also abuse, chain freeze, and so on...

Most likely is IMO ( like we saw last weeks) a slow depeg into failed chain mechanic into collapse.

I mean @theycallmedan has sometimes really good insights, if I have a later time I will give the CTT a shoot.

I mean its Friday,

What does it mean? Study more about UST depeg :P

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You really like your pozis :D

I don't believe in miracles, Janet Yellen talking about UST before congress hours after the problem occurred and the fight to re-peg was still up. It's not impossible, but the Moon will probably not fall onto the earth by accident.

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UST was not solid, it was a pyramid made out of shit.

If it would be Tether, i would research deeper, because the mechanic behind Tether is 100x deeper and more professional ( with exchanges and so on).

Depeg luna had a catalyst effect that become stronger every cent.

I mean in theory, an attack could work.

Something we see in next month with way more entertainment :)

Btw, did you see all the orcacle bugs after depeg?

In theory there was a way to steal billions out of pools.

Only 50 million was stolen in this way. And not even stolen, exchanged at bad rate.

1 Luna = 0,1$ :D 240M luna was put in some pool for 24M$ :D

Everything amazing :D

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How are you knowledgeable about the mechanics of those two so well? Is there a magical source of information that I'm not aware of?

...and yep.. small Pools and amateur Bridges are really dangerous.

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untitled.gif

me researching stuff in crypto and finance all day long.

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is that the old-school Prometheus version?

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Researching new spells.

And no idea was a cool gif that pops up with the term wizard :D

untitled.gif

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That really makes me laugh :D what an epic gif!

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if you want to spread professional fud, you need to know what you are talking about :P

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