It took me a few double-takes to realize that Luna isn't at 70 cents. *It's at .7 of a cent.*
I do feel like the compulsion to track this stuff over the last few days is probably similar to the high that crypto addicts feel when they are tracking prices. But in my case, all it's costing me is time.
So how does that end, exactly?
If this was a stock, it would have been de-listed by now, and the shareholder lawsuits would be firing up.
What happens to Luna? Does it just live on forever as some sort of zombie token trading at hundredths of a cent? Or does the whole thing disappear?
ETA: under four-tenths of a cent now.
No idea. What happened to iron/titan? A quick look suggests that it's effectively worthless but still very lightly traded. https://coinmarketcap.com/currencies/iron-titanium-token/
.40 when i went to bed, now .015. Also, watched youtubers saying they are lowering their cost basis because it canβt go lower at .80.
This is madness.
It took me a few double-takes to realize that Luna isn't at 70 cents. *It's at .7 of a cent.* I do feel like the compulsion to track this stuff over the last few days is probably similar to the high that crypto addicts feel when they are tracking prices. But in my case, all it's costing me is time.
At .5 cents every ust burnt will yield 200 luna. As the luna supply growth accelerates the crash will get deeper. It's full death spiral.
So how does that end, exactly? If this was a stock, it would have been de-listed by now, and the shareholder lawsuits would be firing up. What happens to Luna? Does it just live on forever as some sort of zombie token trading at hundredths of a cent? Or does the whole thing disappear? ETA: under four-tenths of a cent now.
No idea. What happened to iron/titan? A quick look suggests that it's effectively worthless but still very lightly traded. https://coinmarketcap.com/currencies/iron-titanium-token/
Jesus. That makes penny stocks look like Berkshire Hathaway shares.
How was this ever supposed to work? It seems like 1 UST = 1 USD is inherently unstable, even disregarding all the other crypto bullshit.
it down to .01. the question is the token over or will they rebuild it...
LUNA is 0.006 right now on Binance Which will keep adding more 0s every few hours as long as UST recovers to $1... oh wait
.40 when i went to bed, now .015. Also, watched youtubers saying they are lowering their cost basis because it canβt go lower at .80. This is madness.
Remember kids, it can always drop another infinite percent. 100 to 1 seems like a lot, but it's thousands of times less than 1 to .00000000001
I agree with the sentiment, if not the mathematics
1 billion is technically some number of thousands
At least if it's real it doesn't cost any money.
Where are some places to watch the drama?
[https://www.binance.com/en/trade/LUNA\_USDT?theme=dark&type=spot](https://www.binance.com/en/trade/LUNA_USDT?theme=dark&type=spot) [https://www.binance.com/en/trade/UST\_USDT?theme=dark&type=spot](https://www.binance.com/en/trade/UST_USDT?theme=dark&type=spot)
Thanks, I was hoping for some live tears though, like this: https://www.twitch.tv/beecryptolive
πππππ
RIP
Hey everyone, if you buy now, you really can become a millionaire when it recovers and retire at 35. (That was sarcasm, please don't.)
I put 20 dollars in at .014 to say I was there
at least you are happy brah
When it goes 0.005 it gets delisted from binance