@tphillips@TheStalwart There isn’t an ever growing amount, unless you’re referring to this temporary situation?
Temporary being the keyword.
If you would like some evidence of demand I can screenshot some double digit billion dollars worth of volume. Haha
@tphillips@TheStalwart There will always be buyers of LUNA, I think this has been made obvious over the past couple days.
Asking if people would stay if something went to zero seems kind of silly as obviously it won’t go to zero.
If anything the price falls and people just buy larger amounts of LUNA.
@CHAINSofBLOCKS@stablekwon Am I supposed to care about how many followers I have or something? My goodness, I didn’t know that was something I was supposed to care about.
@tphillips@TheStalwart The price has already decreased massively to account for exactly what you’re asking. Of course $0 is ridiculous as LUNA has an entire ecosystem, developers, a massive community and literally everyone in crypto will know their name and check their price forever.
@TheStalwart@tphillips That’s why the price is low, it already reflects this dilution. The marketcap is far lower than it has been in the past, even with the increase in supply. The market cap could 20X and still be under where it has been before.
@ranjanengg2022@terra_money Of course. Now it’s not going to rise to $100 because the supply of $LUNA has increased, but it’s still like 20X away from its ATH market cap.
@cryptomodest Of course it will.
Yes, people lost money but a lot of people also made a ridiculous amount of money as well.
They were attacked and the majority of the crypto community piled on and shorted it.
Eventually people will look at LUNA as a juggernaut.
$UST is make its way back to $1.00!
When it hits $1.00 people will still be scared but there is no way $LUNA should only be around a dollar.
I think eventually it’ll be sitting around $15 and people will be like,
“Why didn’t I buy it at $1?”
@iamlukedaniels I think they were targeted for being too successful honestly. Like I said, there is definitely a group of people who were in on this. Way too many coincidences.
@Shahyan35488451@CryptoHarry_ People in crypto have short term memory,
LUNA will be fine.
They probably don’t even remember when
USDT fell to 57 cents and
ETH crashed from $1,400 to $70.
If you tell them now, they won’t even care.
@CHAINSofBLOCKS@stablekwon Obviously I’m not new but I’m starting to think you are.
BitConnect was nothing like LUNA.
All the people making fun of LUNA now are going to look like a bunch of lame crybabies in the future.
LUNA isn’t going anywhere.