BLURT now worth more than LUNA!

in blurt •  3 years ago 

BLURT now worth more than LUNA!

https://coinmarketcap.com/currencies/terra-luna/

LUNA_7D_graph_coinmarketcap.jpg

Who could have predicted that!?

OK, many coins now worth more than LUNA. Doesn't help that they have halted the chain for security reasons as they fear people have lost their minds and have wandered off moonbase.

Terra to conduct rescue plan after stablecoin falls to as low as 23 cents on the dollar; LUNA drops 98% in a day

And for those of you with Osmosis pool holdings: UST Derisking Proposal (Disambiguation)

Update: the Terra chain is now back up. As this is an on-going situation, best to keep up to date with their Twitter feed or Discord.

Interesting how not all stablecoins are equal. Design flaws still need the will and the muscle to expose those flaws.

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Sort Order:  
  ·  2 years ago  ·  

A lot are worth more than Luna even Blurt .


Posted from https://blurt.live

  ·  3 years ago  ·  

Anything can happy in our crazy Crypto World LOL!

  ·  2 years ago  ·  

But maybe not dead , anything can happen


Posted from https://blurt.live

  ·  2 years ago  ·  

True √

  ·  2 years ago  ·  

UST is looking good , so LUNA might follow .


Posted from https://blurt.live

  ·  3 years ago  ·  

Wow, that's crazy for a stable coin. lol It's so stable. I can't believe that. lol

  ·  3 years ago  ·  

Yep, must have pissed off someone - watch other USD-clones surviving - the captured tyrants.
As the banksters giveth, so the banksters taketh away.

  ·  3 years ago  ·  

Yeah, most of them will not survive. I never thought of investing in them. Even my wife who's not into crypto, when I told her that there is something like a stable coin where people are investing a lot of money, she was surprised. She said : ''I thought that crypto is created to save people from the old system.'' So, even me I don't really understand why so much is invested there. Maybe it's like a big scam where people thought that will change something. Really crazy.

  ·  3 years ago  ·  

erm... fiat works in the same way - ppl either hold it to trade or for interest via sovereign bonds - that are then paid for by taxing citizens.
You can get 25% yield with Zambia, Sri lanka or Turkey bonds ;-)
http://www.worldgovernmentbonds.com/

in crypto, socalled stablecoins just exist as grease, so that one can move in and out of other cryptos.

  ·  2 years ago  ·  

Proving , stable coins dont mean nothing and all could die suddenly .
MR DO said 95% of crypto are about to die


Posted from https://blurt.live

I own a good mix of the top 20 coins (of a week ago) but for some reason, skipped out on Luna. Everytime that name came up, I got a bad feeling. Blurt the complete opposite! Not sure if anyone reading this believes in the stuff, but my father also a very successful stockbroker and then independent trader since his age of 35....but he's borderline psychic. Crazy high level of intuition. Stuff like he would know I had a problem from the other side of the planet without me even telling him. He'd call me up out of the blue and say I "feel" something is wrong........things like that. A regular part of his life.

I've got a bit of that in me too...so maybe why I skipped Luna and feel great about Blurt. My dad even felt so good about Blurt he had me buy $1,000 of it for him just for the hell of it. And this is guy that owns kilos of gold and silver and only little bitcoin in his trading account (GBTC). He's a bit old school, but starting to come around.

Yeah my dad is a trader and I can’t get him into crypto at all I think the tech crash rly burnt him tbh and he moved to somewhat less risky trades

That is what you're supposed to do when you get older. Take on less risk and ensure steady income. Younger folks like ourselves still have the time and energy to make a fortune then lose it all and repeat.

I’ve always strongly felt blurt will see a dollar and 10 c not that far away

I almost certain. Wouldn't surprise me if we see 10 cents this summer.

I did buy it tbh just cause of other ppl shilling it some ppl say solana will be next ?

Lol yeah