Even if the #Fed were to raise interest rates by 75 basis points next week, it won't be effective in weakening #inflation, which will continue to get stronger. But it will accelerate weakness in both financial markets and the economy. That's why the Fed probably won't do it.
5/ The last few days, we tried hard to support the Terra community. In my tweets, I am simply pointing out the potential issues from my understanding. Minting, forking, don’t create value. Buying back, burning does, but requires funds. Funds that the project team may not have.
We are aware of a recent story that suggested Gemini made a 100K BTC loan to large institutional counter-parties that reportedly resulted in a selloff in $LUNA. Gemini made no such loan.
I want to be clear
I'm not dancing on the graves of the retail investors who got rekt on UST + LUNA - I do feel bad for them
I'm dancing on the graves of the egomaniac lunatics led by Do Kwon himself who ignored every single warning & acted like they were kings
Good riddance
@KosmiumNFT @DeadRareNFT @IsengardMarket @ElrondWorld @eMoonSpace@Gnogen @ElrondNetwork @elrondarmy @ElrondWarriors @Elrond_Cat How to buy these NFT? In Opensea?
FUCK THIS
I'M OUT.
I LISTENED TO @100trillionUSD
ON TWITTER AND LONGED $BTC AT 50X LEVERAGE ON BITMEX.
NOW I'M FUCKING LIQUIDATED... AGAIN...
I'M DONE WITH LEVERAGE FOR GOOD. I'M NEVER DEPOSITING "JUST ANOTHER $1000" ON BITMEX. FUCK THIS FUCKING SCAM.