Top Tweets for #Basiscash
Đây là một mô hình Ponzi chính hiệu khi #BasisCash sở hữu 2 loại tiền tệ trong giao thức. Khi stablecoin giảm dưới 1$, người nắm giữ mã thông báo thứ 2 có thể mua vào stablecoin với giá chiết khấu và đẩy nó về mốc 1$.
(9/14)
#DoKwon admits to being "Rick Sanchez", an anonymous member of the failed algorithmic stablecoin #BasisCash
#DoKwon admits to being "Rick Sanchez", an anonymous member of the failed algorithmic stablecoin #BasisCash
https://t.co/scOXpPN2VE
4/ De-pegging ⌛️
Algorithmic Stablecoins are notorious for de-pegging. Some projects that are reliant on these models have ended up losing investors Billions of dollars!
#UST #IronFinance #BasisCash #DynamicSetDollar #EmptySetDollar
@sjpark_TFL @terra_money @Terragotchi_nft #basiscash #ust (worth less than 1 cent atm) and #lunc were DoKwons first 3 scams. Him and his friend made millions and ridicule the poor... which is ironic because he made them poor. #luna is a scam.
Did you know that before creating #LUNA and #TerraUSD, #DoKwon created a failed #stablecoin called #Basiscash ? #LUNC is only one of his many failed projects. When does it ends? #burnlunc
Learn more with Do Kwon Legacy Cards on OpenSea: https://t.co/YaXl0f3BCc via @opensea
@CristianoUst @terra_money @larry0x @PFC_Validator #basiscash #ust and #LUNC were all giant scams where the little guy lost millions and Do Kwon and friends made there fortunes. What a scam #LUNA
@cryptovincent3 @stablekwon @MikeR_AM @terra_money They will get the same refund that #basiscash got, which is nothing.
@stablekwon isn't one time thief, he did it twice till now.
Third time will be with #luna 2.0
@WatcherGuru He stole 3.5B #Bitcoin and Terra #luna is now plunging again it’s going to no longer be saved it will go down to nothing #DoKwon 2nd failed stable coin #basiscash was 1st Another scammer in the never ending scams of #cryptocurrency
GM #CryptoBro 😎
Who knows #BasisCash?
Does it speak to you?
FYI, it was #DoKwon's first #stablecoin, before $UST...
And it crashed in early 2021…
⚠️ In short:
🔸 Do not invest randomly and follow the news
🔸 Don't follow pushy influencers like 🐑
#DYOR
GM les #CryptoBro 😎
Qui connaît #BasisCash?
Ça vous parle?
Pour info, c’était le premier #stablecoin de #DoKwon, avant son #UST…
Et il a crashé début 2021…
⚠️ En clair :
🔸 N’investissez pas au hasard et suivez l’actu
🔸 Ne suivez pas les influs comme des 🐑
#DYOR
@stablekwon Here's an idea... how about change your name to Houdini (a great illusionist) for your uncanny ability to pull the rug from under people with the simplest of ease?
Let's talk about it.
$LUNA $LUNC #Terra_Luna #UST
#basiscash
@taylor_kenyard @iBabu999 Actually no I'm most certainly not an ADA investor.. I compare ADA to Theranos.. All marketing hype but still at concept stage while pushing itself as otherwise.. ADA is basically a meme.. LUNA is too now. & it was a literal Ponzi fm the get go. Kwans 2nd rodeo also. #Basiscash
What we learned from #LUNA and #UST , algo stablecoin simply could not work , specially with a volatile asset as collateral and its nothing new, we had many example like #USDN , #basiscash etc etc, but people have short memory.
Nouvel article sur @LeJournalDuCoin !
Do Kwon le cofondateur de #LUNA, n’était pas à son premier essai : #BasisCash, un #stablecoin algorithmique fondé par les anonymes Rick et Morty en 2020, était en fait le travail de Terraform Labs 🔥💰 #Terra $UST https://t.co/2RqoiycbkW
Do Kwon le cofondateur de #LUNA, n’était pas à son premier essai : #BasisCash, un #stablecoin algorithmique fondé par les anonymes « Rick » et « Morty » en 2020, était en fait le travail de Terraform Labs 🔥💰 #Terra #Lunacoin $UST https://t.co/NOeVVWqMYA
@abd1allah @KSBISTSR @SpikeDEth @stablechen @terra_money Lol, wasn't the control mechanism meant to be in #basiscash and #Luna? Let @stablekwon have a third go. No reputable exchange will list his next venture. Once airdrop happens it will be a mass rush for the exit taking whatever everyone can get
@jungleincxrp Think of all the free money and tax benefits to tax harvesting the Luna losses!
@stablekwon — thanks, bro. You know what, maybe your 3rd try at algorithmic stablecoins will work out better than #BasisCash and #UST
And If it only took evaporating 30b to get there, fair play!
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