The supply has been stopped now. Possibly this will be a hugh pump and dump now. I believe this is due to some traders believing on some hype.
Luna has been considered dead and got delisted by some exchange such as Binance. However Cz resume the trading, most likely they are done keeping bags now and waitimg for a huge come back.
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After all, such high payouts to stakers must be accompanied by constant replenishment of these projects reserve funds. But what will happen if the money stops flowing in the right amount?
Exactly what happened on Luna. This incident showcase vulnerabilities of the idea of stable backed pegged with not stable cryptocurrency and also the reserved fund can be attacked by whales especially there is a leverage trading that could lower the funds or depleted once hit a threshold.
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I believe maybe bianance will delist LUNA because there is no hope anymore, many have been victimized by LUNA then maybe we should be more careful in choosing coins for investment
This is an immediate action by Binance, I just wonder how about those who purchased the tokens to their exchange. Their withdrawal and deposits arent activated, is that considered a loss money? Cause for sure there is somewhere trading on other centralized market or dex trading luna.
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Usually I knew that ftx exchanger does not require kyc verification of any national id card. Just verify with the number. But today I see the exception is going to ID verification. I really want to know if there is a good alternative to this exchanger. In which withdrawal fee will be zero and doesn't need any KYc?
Withdrawal fee is zero? Im not sure if there is a major exchange or good place to exchange without any fees. Possibly on new markets, that is start up offering free fees doe the first few months but later will open fee structure payment. Even on dex there is a fee in a form of transaction/gas fee so I highly doubt there is a platform for that, or if ever there is, be skeptical of it.
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I hope this letter can help a lot of people too arr too depress with what happened with Luna. As far as I read the numbers of confirmed suicides based on this incident reached 22 already anf counting. Thats quite tragic for those people whom hit hard by the luna incident. I myself got hit, but I would never think to do such thing cause I know there are other chances for me and this act isnt acceptable for such grave mistakes. Money is important but our life is precious than that.
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With the same status as before? I highly doubt it. But for sake of profits, it will still be alive since it create huge volume on trading since its quite trending now. I was hit by the incident of this as I have ust, didnt managed to convert it right away to busd or usdt due to locking time of binance, thats why I was able to to recover mine I think half the price. Totally unfortunate, and especially hit a lot of Luna investors whom bought at literally at the top.
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Its good to use on your perspective in crypto from time to time. Its not a bad thing to do aside from doing your dyor, or research cause it could help you avoid such losses without any reason why you lose it. If you care for your funds then dont let it gone for a very shallow mistake of not doing this. Its add on your skills to differentiate and identify which crypto is good and or fake one that could only potentially incurred loss to us.
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What can be done to a bounty manager that failed to update the spreadsheet since the beginning of a bounty campaign till the end of the campaign and even after he did nothing, if you are wearing such signature campaign what will you do? Since you need to promote another project.
Actually the only thing you can do is talk to them properly to give you an update. If his not yet complying then his an incompetent one, its his job to gige you that and make his work since he is on contract service to a project. Many managers like this, its frustrating that there are users like this despite of being hired. You cant report it herr in forum cause mods dont moderate bouty.
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In the past few days, the crypto market has taken a diped turn. People have committed suicides. What more should we expect
Its quite unfortunate actually. The recent incident on luna dumped is really shocking and I am not gonna say no one would do such thing due heavy loss especially on those bet all im theit hard earned money. Its really depressing how this turns out plus the market sentiment. But of course they should be always ready and dont forget the golden rule that invest only you can afford to lose.
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5. There will be more selling pressure than buying and most people wouldn't want to HOLD.
Probably you are right. This is because new investors are mroe prone to panic selling and will not overcome fear cause bear market in crypto are totally different from stocks. Its literally a blood bath killer to every traders and investors. For thosw who have deep pockets this is am opportunity but for those who have heavy losses this is hell to them. A nightmare that they wish never came.
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Binance just now announced delisting of Luna on coin and margin trading. I thinj this is kinda too late, imo. People since last night already been trading when the crash happened and dozen of traders are probably rekt more than earn on this crash incident of luna. How awful that the bear fueled by this incident, I just hope that CZ do it first thing when the incident happened to prevent more losses.
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There are lots of people relying on very convenient approach of bitcoin and blockchain due to easy transfer of funds. Ive seen a lot of funds or donation being uaed to various means. Actually it is a great story about helping someone truly an interesting story.
I remember I saw a post on facebook where he asked for bitcoin donations to buy a laptop for his study since he cant afford one, the boy is sincere and viola a lot has really send funds to him.
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
Its gonna be hard predicting the bearish sentiment. If you are worried its gonna go down more, then do dca instead of buying at certain lows. Its gonna average your bought altcoin going down instead basef on your quantity. Its hard to suddenly buy the dip and youll expect a pump right away. It could go lower and thats unpredictable.
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Now that the bear market is here I have only 300$ to spare, looking into buying some altcoins for long term hold, I've successfully acquired some Bitcoin though but I want to get a ledger nano x wallet, what should I do in this case? Nano x is 150$ I guess, does it make sense to buy Nano x now or buy altcoins now and Nano x later.
Youll left with another 150. But if you are a good trader that 300 could be grow in trading and youll have excess for purchasing the nano x ledger. Of course that depends on your risk apetite. Ut to be safe just buy the nano now and use the remaining 150 instead atleast you already have the hardwallet.
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Dont want to sell my 2k worth of both dogecoin (25 cent avg) and shiba inu xxxx3750 (avg), invested 3k in loopring (2.07 avg), doing uber eats to survive, waiting for unemployment, living in a tent by bryant park, how can I make money off NFT's? Any other economical gig I can do???
Thanks....this Lad is severly struggling, covid made my job go out of business, 5K left in savings.
Actually its kinda hard to risk some of your 5k savings left. Especially now that the market is volatile. Why not review yourself and find a skill work job that fits you. Its not recommendable to risk it on crypto trading or nft for now as the market is really volatile it might caught your savigns off guard and lose it.
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There really are those lucky investors that got in early and they're able to make tons of money from those projects like shib.
Although, it's entirely different from those projects that are openly scam projects and really had the plan to rug and take the investors money.
Actually no one knew shib would be a legit one too andnsome might think of it as scam too. So we can never tell which one is sitting on a gem, but we can avoid that knowing those codes that teaches us how to check whether smart contract is compromise. Just because a 18 year old placed a bet in a fancy, purposeless, dog-looking scum, and successfully made millions, it doesn't mean it'll happen to others too.
Yeah thats what Im saying, we cant blame others for dreaming to have something like that as well. There are cautious to this, and not simply betting without any safety methods. Anyway, degen is degen.
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Have zero clue about these bounty campaigns but how much money could you realistically earn a month doing this now? What about back then when it was popular?
If before crypto explodes to a lot of medium, you could earn a lot like 3k to 10k or more than on airdrops and bounty but now its like a peanut reward, Im saying that more likely its not worth your time now. But if you participate here on forum and become a reputable user youll rank up and given chance to participate on prominent campaigns that even pay btc. But thats not easy you need to be a high rank and has good contributions here.
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Have heard good things about this forum and my team and I decide to do some campaigns on this forum to help our project gain the needed traffic due to the current situation of the market. How can we do it? Is there someone that offers this service? If yes, any idea of their price?
I need information on this so I can give the team feedback.
Hired a reputable manager that can offer you a good marketing service and avoid such bogus manager whose aim is to help you with unorganized campaign. Regarding the funds, its up to your budget actually whether how much you can spare on the project. Also depends which one you are going to use such as btc paid or pay in altcoins of your project or any other tokens.
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Woke up an hour ago to this mess, I'm truly dumbfounded and never expected that such a thing would happen. I had a decent sum of money on a BUSD - UST vault on Beefy, which for some reason still displays my investment as 1:1. I truly don't know what to believe or to expect anymore, that's what I least expected to happen.
If you check coingecko and Binance its true that its depeg now. Tradimg at 0.77 as of this writing. Me too caught up in the mess with my ust holding but remain calmly as possible. If the ust failed then expect some fear on other stablecoins too that it could happened also to them. Well it happened before, but managed to overcome well we just think positively it would.
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Particularly some inside plays. Bitcoin is having a straigh dump and some big whales dump ust and at the same time short Luna resulting to a massive crash. But Do Kwon already said that a loan of 1.5b to repeg UST is currently deployed. This is like a wave timely on the bitcoin dump. Imagine if bitcoin pump, obviously others will recover too including luna and ust. However knowing stablecoin can be depeg such as this is quite scary. Especially I am taking advantage of their 18 to 19% apy now its down. But I do hope it could recover pretty fast to avoid such panic sell
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