I do haven’t been on it in a while though
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The ledger costs more then my entire holding. 
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KSI lost $2.8million from the Luna crash
. It’s dead now, I think most exchanges have de-listed it. Last I seen it was at 0.008.I didn’t know it could even go that low. Personally for me this highlights why I won’t ever be a serious crypto investor.
It has been delisted. TerraUST was designed to trade at a one-to-one ratio to the greenback, but without some form of actual collateral that should underpin its value, as is the case with Tether.
Instead it employed an algorithmic process of creating and then destroying its very own supply of Luna coin, which served as a kind of shock absorber.
When the peg started to fail, the protocol was designed to stabilize the value through the minting of more Luna—only the sustained attack meant it was suddenly being created at an exponential rate.
Latest indications suggest the supply of Luna coins in circulation went from a few hundred million to now 6.9 trillion, with the token trading at levels virtually near zero after hitting an all-time high of $119 just last month.
“There has never been an event in crypto where $80 billion was wiped out of the market, never,”
Luna coin price plunges to $0, Terra UST founder Do Kwon's wife under emergency protection | Fortune
An unidentified person allegedly broke into Kwon's apartment building and rang the doorbell to ask if he was home following the collapse.
fortune.com
It has been delisted. TerraUST was designed to trade at a one-to-one ratio to the greenback, but without some form of actual collateral that should underpin its value, as is the case with Tether.
Instead it employed an algorithmic process of creating and then destroying its very own supply of Luna coin, which served as a kind of shock absorber.
When the peg started to fail, the protocol was designed to stabilize the value through the minting of more Luna—only the sustained attack meant it was suddenly being created at an exponential rate.
Latest indications suggest the supply of Luna coins in circulation went from a few hundred million to now 6.9 trillion, with the token trading at levels virtually near zero after hitting an all-time high of $119 just last month.
“There has never been an event in crypto where $80 billion was wiped out of the market, never,”
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I don't know why people are so surprised the price is falling from the peak? This cycle has happened several times. It's still way way up from when it surged in 2020.
My sister deleted my coin base app to free up space for her to record her concert videos.
I don’t want to know what’s going on at the moment.Stock market also falling.
Good time to buy.
(If you already have an emergency fund and won’t need the money for a few years. )
I don’t want to know what’s going on at the moment.Stock market also falling.
Good time to buy
.(If you already have an emergency fund and won’t need the money for a few years. )
Yesterday they announced GDP -0.3% and poss an inflation induced recession so probs best not toMy sister deleted my coin base app to free up space for her to record her concert videos.
I don’t want to know what’s going on at the moment.Stock market also falling.
Good time to buy
(If you already have an emergency fund and won’t need the money for a few years. )
I am tempted to buy into Bitcoin rn for the toddler, I would rather buy funds for us as adults but know husband won’t agree lol. Gonna hold off as think Bitcoin will go lower.
Also wanna flag this thread to @colouredlines who is into crypto x
It's rate rise week that I think is behind a lot of it. The fed are expected to raise rates 75 points.
https://www.bloomberg.com/news/arti...of-75-basis-points-is-a-done-deal-for-traders
https://www.bloomberg.com/news/arti...of-75-basis-points-is-a-done-deal-for-traders
BTC down 9% today and about to go below $20k, it's about the level I might buy again
I’m buying crypto like it’s toilet roll in March 2020.
My sisters stock portfolio is down £1.8k.
Mine only £400 or so.
Downloading the Coinbase app again to see how low my £40 has fallen.
Mine only £400 or so.
Downloading the Coinbase app again to see how low my £40 has fallen.
It could easily fall another 50% before it bottoms out with everything happening right now. so much junk crypto.
Yearn finance is a steal today. Never thought I’d see it so low, keeping an eye on it incase it drops lower.
I yanked everything. I’m up considerably overall, so will reinvest when i grow some figurative balls.
Anyone heard anything about the Coinbase going bust rumours?
I’m up considerably overall, so will reinvest when i grow some figurative balls.Anyone heard anything about the Coinbase going bust rumours?
I’ve not heard about potential bankruptcy but yeah things look pretty shocking for them, haven’t 18% of staff been let go already? It’s sad, especially considering the sheer volume of money that was spent on that ad.I yanked everything.
Anyone heard anything about the Coinbase going bust rumours?
Don’t love this graph sorry but this is CRO/£, feel really bad for any employees they let go as a huge part of their package is in this coin (at least from the person I know that they offered to…) so they’ve been doubly shafted.
BTC down another 7% now. below 19$ k.
it sounds like lots of people knew these job losses would be coming as they paid way above market rates to poach people. crazy. the fall was always going to happen.
archive.ph
it sounds like lots of people knew these job losses would be coming as they paid way above market rates to poach people. crazy. the fall was always going to happen.
Inside Coinbase's Layoffs and Signs Within the Firm Leading up to It
archived 16 Jun 2022 18:51:10 UTC
We haven't bottomed yet, be careful buying the dip, and please always remember to only invest money that you can forget about.
IMHO, the best and safest buy is Bitcoin. I also recommend buying Solana, but Bitcoin is a safer bet.
IMHO, the best and safest buy is Bitcoin. I also recommend buying Solana, but Bitcoin is a safer bet.
They were hiring people just to have them, said they’d pad out roles & responsibilities later they just wanted best in class employees. So I can’t imagine all of them were at capacity work wise as that’s a very chaotic way to grow tech teams.BTC down another 7% now. below 19$ k.
it sounds like lots of people knew these job losses would be coming as they paid way above market rates to poach people. crazy. the fall was always going to happen.
Inside Coinbase's Layoffs and Signs Within the Firm Leading up to It
archived 16 Jun 2022 18:51:10 UTC
Can’t wait for the Netflix documentary on it all
I really don't understand what all these people were doing (or planning to be doing seeing as they were probably doing nothing) in their jobs for things like exchanges. I'm shocked at how many people were being employed.They were hiring people just to have them, said they’d pad out roles & responsibilities later they just wanted best in class employees. So I can’t imagine all of them were at capacity work wise as that’s a very chaotic way to grow tech teams.
Can’t wait for the Netflix documentary on it all
I know someone who was freelancing and said something to do with crypto but they didn't seem to understand it themselves. Next time I see him I'll subtly try to ask more.
Agree, can't wait for a doc to explain it all.
Although I'm still waiting to understand how Mumsnet has 150 employees and what they all do!