#BTC is down -40% since the Death Cross occurred in early Jan '22
History suggests that whenever a Death Cross occurs, #Bitcoin experiences deeper downside
Now that one has occurred, what could we potentially expect?
Here's a thread with my analysis about the $BTC Death Cross:
More fake than Kwon's promises.
$Luna is dead and won't be resurrected so easily.
Posts like this will only make people invest more in dead project, so people like @AkarukuYumei can benefit from it.
#cryptocurrency#Lunacrash
@WatcherGuru We need fucking crypto police, I'm serious, the government's can't allow exchanges to sell things and not investigate obvious crimes. This is no rug, whales playing games, even pathetic leverage, this goes to the highest level.......
@WatcherGuru We need fucking crypto police, I'm serious, the government's can't allow exchanges to sell things and not investigate obvious crimes. This is no rug, whales playing games, even pathetic leverage, this goes to the highest level.......
People with $UST and $Luna, please do yourself a favor and exchange it to real stable coin: e.g., $BUSD.
It is more than 100% that both will be abandoned since.
#LUNAtics#Lunacrash
If $Luna's fork will be voted, this is what will happen: people will once again, invest in #LunaV2 more than they can afford, hoping that price will go up, like $Luna $100+. Project itself wasn't bad but it was Giant on clay legs.
With all of my respect for @cz_binance and @binance, I just can't throw this gossip out of my head, that Terra's BTC is being held there and both sides are just fooling around.
#LUNA
They won't.
As it could be "fair solution", note that users press the buy button, no one else.
I know that #LUNA was a failure from a start, but that's why we can read docs.
Hard fork of $Luna is perfect in terms of saving whales but the community will suffer (more than it is currently suffering). This idea is being defended by "not allowing post snapshot buyers to profit".
A-m-a-z-i-n-g.
JUST IN:
It appears that Terra, $LUNA / $UST, operators allowed select holders to cash out at near $1, before it collapsed to nearly worthless on secondary markets.
The whales were saved, and it appears retail held the back instead.
This is inexcusable.