Bitcoin price crash, UST & LUNA crash, crypto crash… crypto news 2022
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0:00 Today in Bitcoin
0:55 Bitcoin Analysis
5:55 LUNA UST MELT DOWN
12:15 INSANELY BAD ECONOMIC DATA
#bitcoin #crypto #btc
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44 Comments
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Dao is fcked hard
Down 30K 😅 All my covid saving for not going to bar. Atleast my health didnt go down by not going to bar.
Zenon is feeless, ultra fast layer 1 dual architecture, anonymous and decentralized. Well funded but never raised funds in VC/ICO/IDO. Designed to operate with bitcoin. 20x in one year realistic.
Time to fill those bags at great prices……
I think its over….bear market
Thank you Lark, we will ride through this phase together. Come rain or shine, stacking sats here.
What if miners start selling soon??
How long u think is gonna last
See i knew we were still in a bull market !The Bulls are running strong as fast as they can away from the BIG BEARS !! It's only a bearish trend within a bull market lol lol lol
Leta all work together and Buy Spell its cheap right now
…and this can last weeks/months ? Probably good news if Republicans can win in the USA in November and give us a happy Christmas
Thanks Dumb Kwon for crashing all of crypto markets. Just close up shop on everything Luna and terra and hit the bricks 🧱. If there’s a time in history where crypto fails and goes to zero this is it. If it doesn’t happen here it won’t ever happen. However, this is the worst I’ve ever seen and there’s a good chance we go to zero here.
Sooner or later btc at 20k
Good luck for your Moonriver bag, Lark 😉. And y are hoping to recover in few months? Not being realistic…sorry, mate!
Nothing will ever be green again….. enjoy
Yea my portfolio 30% is luna and still have 2 mounth to get lock up. … Feels so bad. Lost my job last year. And so on…
What never could happened, is now happened. There is always a first time. Now we can wait for a second time…
While I am bleeding hard on Matic, I salute the Luna/UST bagholders.
Had I any free fiat I might have used Anchor protocol and staked UST (I did watch your tutorial, Lark). I do have a reasonable amount of USDC on BlockFi but withdrawal is a lengthy process so I did not swap 8% APY for 20% APY. Phew! At the start of today, I had 30.15 LUNA at a cost / LUNA of $67.99 (got in late) which is $2050 total but I have been following the dump all day making $50 buys of LUNA ($425 total) and now have 303.06 LUNA at a cost / LUNA of $8.17. Of course I stand to lose $2475 instead of $2050, but if the Terra/Luna system survives, the chances of LUNA going up to $8.17 is much greater than the chances of LUNA going to $67.99, so I am more comfortable holding my LUNA long term and waiting for miracles now than when I started the day. I could have done this for way less than $425 if I had confidence that the prices would end up where they did at the end of the day and just waited. I am concerned that the loss of wealth due to the Terra/Luna debacle will have a contagion effect – I believe it already is having such an effect to be honest.
A "few months" huh? We will see about that. I hope you are right. Luckily I didn't own any Luna. Worried about Ethereum now though in the short term.
Hi lark, i bought Luna at 35€ and Sold at 90€. Lucky man, in this case. But melt down of my Portfolio of 66% invests hurts dawm much. Luck to Those jump into crypto now.
Best 🤑chanel 👍🏻
You'll have 2 years of a solid bear market, this is just a warm up dump of more to come. Fun and entertaining for the bear boys. Our turn to shine.
SOMEBODY HOLD ME
A communtiy that dumps together, stays together.
Winter market for two years now? Please explain for new people
blackrock is evil
This is my second experience with a major crash with skin in the game and it's easier to weather it this time. I freaked out last time and sold off FTM, which cost me about a penny, for about a 10x gain but lost out on 100x later on. I'm still in profit but have lost a LOT of gains since November. If we go much lower then I will be in a paper loss. However, instead of panic selling, I'll be nibbling here and there. And if I do absolutely nothing my portfolio will recover with time. Lots of time? Who knows, but I'm in this for the long haul.
As a SPECTATOR on this PLANET rather than one of the SPECIES the HUMANS are in a PANIC it seems.
That is just great that you got some gains.
LARK!! You’re incredibly talented handling this soul crushing historical moment with finesse. Respect the hell out of you, man. We are hanging on for this ride and thank you for not recording your retirement from Crypto!
GOD has left the CRYPTO market to work on a much less ambitious project he gave up on the HUMANS 2000 years ago.
There is a special place in hell for douches that come on here to say they sold the top, didn’t buy Luna, and wish everyone well.
so you pulled out your ust???? thought you'd be holding…
Well, O come here to troll ya, but right now I almost feel a little sympathy…..
Almost…..
26K
I feel lucky being able to get out of LUNA only losing 5k
Chernobyl in slow-mo. Good thing I’m in my hazmat and part of the cleanup crew.
Rule#1 don’t put money on the table if you can’t afford to lose it. It might mean you have a smaller bag, but you can sleep at night. No one should be committing suicide over losing on an altcoin. Putting life savings into any altcoin is crazy.
You said”you migh get paid off” whos gonna pay you off if ust goes bust?
If Luna goes to a penny, I might just throw 50 bucks in and see if it'll buy me a house on the next bull run 😉
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Having this great platform is a blessing to everyone in India. In this economic situation of the country where it's all hard to eat talkless of earning to save for future but all become ease with the invention of this amazing platform where we just have to invest little amount to rent profit within 24hours. Thanks to them the whole of India is getting better and wipping out poverty gradually.
Yes. I lost some money. Thankfully, I sold early enough, to where I was able to protect myself, and not fall off of a cliff.
Turned it into USDC sssoooo dang fast, lol!
Thanks Lark! WAGMI 😀👍🏻