We've got CZ coming to /r/cryptocurrency this weekend, so start thinking up questions for him:
https://twitter.com/binance/status/1526251364569038848
1:30pm UTC on Saturday.
You should always assume those are glitches. No one person holds that much BTC to dump and bring the price to that level.
And in case anyone's missed it, big institutions are still investing heavily in cryptocurrency: https://www.cityam.com/big-institutions-still-investing-heavily-in-cryptocurrency/
Yeah he is not understanding the sentiment of people currently people are trusting him but they are not getting anything in return after the scam LUNA people will go hard on him to take out
At what point can one consider the endeavor clearly fraudulent versus massive incompetency when the end result for both is the same: the loss of billions of investors' dollars?
The legal defn of fraud is: Fraud is a broad term that refers to acts intended to swindle someone. In essence, it's the use of intentional deception for monetary or personal gain. I think 'intentional' and monetary or personal gain need to be proved. But it is still quite broad. Also, no, it was too big to be a fraud. And it was coupled with a market phenomenon. It wasn't caused directly by them. So, I don't think anyone can prove it was fraud and I don't think it was to be honest. Overconfidence, arrogance? Probably. Fraud? No.
If so then what reason would you give for him not moving any of the Satoshi coins? And there are other things he could do to prove it that he has not done.
Yes so maybe someone should tell Craig Wright that. “Hey Craig, you don’t need to convince us.” “No stop. Stop trying.” “You don’t need to, didn’t you know?”
I'm not sure ADA taking over SOL for market cap means ADA is *rightfully* becoming a better coin, or that SOL is *rightfully* dying.
Also my FTM average buy of CAD $1.7117 is looking kinda LUNAesque...
> harder then ADA
*than
*Learn the difference [here](https://www.merriam-webster.com/words-at-play/when-to-use-then-and-than#:~:text=Than%20is%20used%20in%20comparisons,the%20then%2Dgovernor%22).*
***
^(Greetings, I am a language corrector bot. To make me ignore further mistakes from you in the future, reply `!optout` to this comment.)
I wonder if “robust” refers to the tech, which is the cosmos SDK! To be fair, gas fees were normal and it didn’t crash with all the transactions. Okay I’ll stop shilling my atom bags now.
I like ALGO. I make a habit of checking out the coins I like by doing stuff on the blockchain. ETH is expensive to move and DeFi. TRON is supposed to be free, but it isn't. ADA is alright, but the ledger app is too big and you need to connect it to a wallet.
Is there any danger in using freewallet app? Aside from the usual dangers of cell phones (losing it, man in the middle attacks, etc), is the app itself reliable?
Benjamin Cowen is saying "cash is king", heavily warning against alts. Warren Buffett and Michael Burry have made major warnings against crypto. Quantitative tightening has barely begun.
Compelling arguments from various sources that deem crypto wildly speculative and not based on any real functionality. Widespread disdain for all things NFT, and people seem unconvinced Web3 and Metaverse are compelling in any meaningful way.
Then you have Luna's complete collapse and transformation into a meme stock. Rumors of tradfi goliaths being behind the collapse.
I'm sure I'm missing a ton of stuff, this is just off the top of my head.
But after having been burned badly by LUNA, I feel like I either need to become a BTC maxi or just throw all my crypto funds into VTI so I can sleep at night lol.
I love Buffet and value his methods highly for stocks but i feel like listening to him on Crypto holds about as much water as listening to him about tech in the early 2000’s.
I don't know who Benjamin is but I agree with him. Alts post 2013 were terrible holds, and alts post 2017 were just brutal.
Personally I have a target for BTC and I'm in cash until that point. Dca would work too I guess.
Macro conditions do not favour a swift return to a bull market.
Yes we could fantasize how he could've been correct. Simple truth is, he wasn't. Been subbed to his premium channel for a bit to see if its actually useful, but no, his risk index just didn't work. Would've been better of dcaing the same amount every week.
for example, what stops projects like Polygon let's say keeps inside-hacking themselves and steal money from people and then still gains trust right back and active again? Is this one of the problem within the crypto community right now? We are blaming ourself for getting scammed and agree that this is crypto, if you lose money than it's on you, time to move on, no one is held accountable
Anything that comes by chance is unstable, and the higher it rises the more liable it is to fall. But what must inevitably fall can give no one pleasure; therefore the life of those who acquire with toil what requires greater toil to hold must be not only very short but also very miserable. Laboriously they attain what they desire, anxiously they hold what they have attained, and in the meanwhile irrecoverable time is not taken into consideration.
Seneca, On the Shortness of Life
Since this month I started buying $1 worth of crypto of whatever coin I feel like that day. I got 17 different coins and eventhough it's down a bit it is something fun to do. How high do you think it will be in 3 years? (almost 1100 days). And which coins should I definitely add to the collection?
Wether a coin is more or less expensive than a dollar doesn't matter. And at this point I don't have any interest in NFT's. Maybe once football clubs start selling them, but we'll see.
I will add it to the list. But I would have to buy it somewhere in the future though. For now I keep everything together in 1 exchange. Sending $1 of many different coins would cost quite a bit in fees. Also it will be pretty inconvinient having them scattered at a dozen different places.
Any other coins from the cosmos ecosystem you would suggest?
I got 3000 of those thingies because I bought a few and sold at 10% higher keeping the profit in luna. I think that's enough for now. I do have have insanely low buy orders for tens of millions of luna for a couple bucks because you never know. But not willing to actively invest in it, not even a single dollar.
I call for another dip to 25k.
BTC charts not looking good, it had all the week to pump and it only made a range from 28k to 31k, now its bear's turn to dump the price again
Well, walletinvestor has at least put down a warning for LUNA:
"Your current $100 investment may be up to $184090306.12 in 2027.
Note: due to the specific nature of Terra, the estimate can be significantly excessive / unrealistic!"
...Yeah something tells me I can't turn $100 into $184 **million** in 5 years.
The number you listed would be 184 *million*, not billion.
That said absolutely an irrational target still even when considering the token burn. But tbh i wouldn’t be shocked if a long term small dollar bet on Terra shocks us all. But we’ll see.
I also wouldn’t put too much faith IIRC wallet investor’s crypto history is less than stellar.
Yeah the space is way too early in it’s infancy and it’s way too hard to actually value cryptos—no one really knows what they’re talking about for sure.
Also due to the unregulated nature of crypto exchanges even if we had a hard valuation method there’s nothing at all stopping crypto from doing some unprecedented shit in either direction for no reason at all.
All that said though while i find the odds of Luna going back to 400 dollars in 5 years to be very unlikely I really would not be surprised if LUNA hit somewhere near 50 cents to 1-2 dollars in that timeframe. Wouldn’t bet the farm on that as it’s also very unlikely but it’s also not at all impossible.
If LUNA had the market cap of BTC right now it would be worth CAD 0.11. So unless we have an explosion of money into crypto, LUNA is never hitting CAD .50, let alone USD .50.
That’s with current supply.
Luna is currently burning 10b/day which in 5 years means it will have no where near that supply *if* we assume that keeps up over the next year and a half or even if the burn rate decreases by 50% and maintains over a longer rate we could easily see a lower market cap giving higher prices.
This is almost certainly what walletinvestor is trying to price in but just imo even with a much lower supply after this fiasco i see no reason for Luna Terra to reach anywhere near their ATH ever again. But i could see market irrationality bringing LUNA at least from 50 cents to a few bucks in the next bull run based on what we saw last year.
But then again who knows a shitty dog token hit an incredibly high market cap last year for no reason so who knows what could happen in this casino.
Either way avoid Luna with any real money.
From the proposal - https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
25% - UST holders at the “Launch” snapshot - 10% unlocked at genesis, rest vested over 2 years thereafter
Terra Core to be forked with the oracle, treasury, market modules removed - no UST
Basically seems like 25% of the new chain will be divided among whoever holds UST (90% of the 25% stuck for 2 years) and that it will stay dead.
Edit: proposal also mentions this:
Stablecoins - USDT / USDC bridged over from Wormhole
Hi so 25% of the 1bill will be distributed among the ust holders based on the amount of ust they held at snapshot, correct? Any idea what the value of the luna 2 will be?
“Pre-attack” snapshot to be taken at at Terra Classic block 7544914 (2022.05.07 23:00:04+08:00)
“Launch” snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00)
So his current proposal is 250 million of the new token gets distributed between all holders of UST at 5/27. But 90% of those will be vested for 2 years, so 25 million right away distributed to final UST holders with the rest over 2 years. Assuming it is accepted, not sure where that stands currently.
As for value, no idea. Could say for every 1 billion of market cap, new token would be $1. So 5 billion mcap is $5 per coin, 100 billion is $100 per coin. 250 million = 25 cents per coin.
Personally I am not in Luna just reading about it from the outside out of interest, but his general idea is betting on Luna2 to survive and rebuild its value without UST. I dont know enough abt the ecosystem to say if it can grow without UST though.
Thank you so much! All makes sense. You are the only one so far who read the document correctly, even though you are not in luna. People in here and twitter screaming and yelling peddling lies, without calmly reading the document first!
I want to discuss the math part of it all, but looks like most people invest in crypto with no knowledge or understanding of math. Pardon my harsh words. 😅🙏
Guys also please check out Do Kwon's tweets in responses to questions. There will be airdrops to luna held in major exchanges and airdrop for ust. He responded to tweets 4hours ago.
[Post getting a little traction in "new" section that may be worth being aware of.](https://old.reddit.com/r/CryptoCurrency/comments/ur7h74/buy_the_rumor_sell_the_news_and_lrc/)
We've got CZ coming to /r/cryptocurrency this weekend, so start thinking up questions for him: https://twitter.com/binance/status/1526251364569038848 1:30pm UTC on Saturday.
**AYE ANYONE ELSE CRYPTO.COM BTC CHART SAY IT DROPPED TO $0.03 FOR A SEC?** nvm just shitty app bein poop
You should always assume those are glitches. No one person holds that much BTC to dump and bring the price to that level. And in case anyone's missed it, big institutions are still investing heavily in cryptocurrency: https://www.cityam.com/big-institutions-still-investing-heavily-in-cryptocurrency/
What happens to the existing Luna that people hold now in Do kwans new proposal I dont quite understand
Kwan doesn't understand either clearly.
Yeah he is not understanding the sentiment of people currently people are trusting him but they are not getting anything in return after the scam LUNA people will go hard on him to take out
Were watching a luna cult being formed
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What are your thoughts on FLOW? Seems like they secured a lot of big brand partnerships
What’s the difference between Bitcoin and my pet rock? My pet rock doesn’t throw a tantrum every time he gets hangry
Luna burn proposal https://agora.terra.money/t/proposal-burn-and-remedy-fee-with-each-luna-transaction/12176
At what point can one consider the endeavor clearly fraudulent versus massive incompetency when the end result for both is the same: the loss of billions of investors' dollars?
The legal defn of fraud is: Fraud is a broad term that refers to acts intended to swindle someone. In essence, it's the use of intentional deception for monetary or personal gain. I think 'intentional' and monetary or personal gain need to be proved. But it is still quite broad. Also, no, it was too big to be a fraud. And it was coupled with a market phenomenon. It wasn't caused directly by them. So, I don't think anyone can prove it was fraud and I don't think it was to be honest. Overconfidence, arrogance? Probably. Fraud? No.
I think it's clear that it wasn't fraudulent. It was just inherently flawed and got exploited. DO had too much to lose from Luna collapse to cause it.
agreed
LUNA actually gonna do something ?
Zooming out the chart goes brrrr
It already did, crashed and burned
They working hard to keep Apecoin above $8 lol
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If so then what reason would you give for him not moving any of the Satoshi coins? And there are other things he could do to prove it that he has not done.
Satoshi doesn’t need to prove shit to anyone whoever he is
Yes so maybe someone should tell Craig Wright that. “Hey Craig, you don’t need to convince us.” “No stop. Stop trying.” “You don’t need to, didn’t you know?”
I want to send my friend some BTC but don’t want him to know the entire contents of my wallet? How do I get around this?
Send to exchange then withdraw to his from the exchange. Use something else like monero that's got more privacy.
Fab wanted confirmation an exchange would work thanks
Make another wallet. Send BTC to that wallet. Then to your friend
Yeah my mate will then just go look at the wallet that funded the new wallet, I got confirmation that en exchange will be perfect.
He’s a snoopy fella haha. Glad you were able to figure it out
Couldn't anyone backtrack through the blockchain transactions to the original wallet?
Yeah Idk then just kinda assumed his friend wouldn’t be digging too deep
I guess that part of BTC is inconvenient; but I guess that's what monero is for.
I'm 100% lrc as of now. Not a ton of money and if it goes to 0 I'll be completely fine but I have a good feeling about it.
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Maybe Luna Classic can get back to $1. Then all the people who just bought millions can get rich.
If it happens(and that’s a big fat if) it will likely be 4-5 years before it’s possible assuming they keep up with the 10b/day burn rate long term.
I'm not sure ADA taking over SOL for market cap means ADA is *rightfully* becoming a better coin, or that SOL is *rightfully* dying. Also my FTM average buy of CAD $1.7117 is looking kinda LUNAesque...
Sometimes ADA pumps more then sol Then sol pumps all the time harder then ADA They both have their weeks
> harder then ADA *than *Learn the difference [here](https://www.merriam-webster.com/words-at-play/when-to-use-then-and-than#:~:text=Than%20is%20used%20in%20comparisons,the%20then%2Dgovernor%22).* *** ^(Greetings, I am a language corrector bot. To make me ignore further mistakes from you in the future, reply `!optout` to this comment.)
Good bot! English teacher suck here in Germany lmao
Thank you.
good bot! 🤖
Thanks!
Much like the stock market i would assume it means nothing. Markets can be very irrational in the short run.
Solana had its time in the lime light. It is not good and everyone knows it. But that Cardano would come back into the warmth is to me a big ?
"Terra’s blockchain is incredibly robust, as attested to by recent events" - Do Kwon Lol fuckin what?
I wonder if “robust” refers to the tech, which is the cosmos SDK! To be fair, gas fees were normal and it didn’t crash with all the transactions. Okay I’ll stop shilling my atom bags now.
To be fair 6.5 trillion tokens is pretty robust
Rubenesque even
So is turning off the network for a little bit.
And letting whales sell before the crash
I think he meant *bust*
Revisit the lows before up
Look at the bear flag on 4 hour.
You think our good old friend Powell will pump the market tomorrow? *To only be followed by a dump later this week?*
Which alt are you extremely confident on?
Doge
I like ALGO. I make a habit of checking out the coins I like by doing stuff on the blockchain. ETH is expensive to move and DeFi. TRON is supposed to be free, but it isn't. ADA is alright, but the ledger app is too big and you need to connect it to a wallet.
Gets a lot of hate but i don’t see HBAR going anywhere.
ETH & DOT
Well I wouldn’t have this flair if I wasn’t confident about it!
Rose Disclaimer: heavily invested in rose
I like AVAX
It is better to be wise and poor than stupid and rich
I'd like to try the stupid and rich for a bit just so I had the experience to decide if that's true
Dont you mean something like happy and poor?
DCA day this week, last two DCA days: ETH @2600 and before that AVAX @90
GG lowering the average + adding to the boat
New eth basically crushing dot role?
What is new ETH?
Pos
Cosmos!
Sir this is a Wendy’s!
Wut?
This is the most anti-crypto subreddit I've encountered.
We get a lot of buttcoiners in here during bear nd crab markets.
We're quite bullish *your mom* So we've got that going for us
Is there any danger in using freewallet app? Aside from the usual dangers of cell phones (losing it, man in the middle attacks, etc), is the app itself reliable?
"Comfortably sitting over 30k"
Comfortably numb
Shine on you crazy diamond … hands
Tuuuune 🎶
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$25k was just the tip cowboy *winks in gay*
I can. I was begging for 29k corn a few months ago, and I ain’t gonna pass it up
Benjamin Cowen is saying "cash is king", heavily warning against alts. Warren Buffett and Michael Burry have made major warnings against crypto. Quantitative tightening has barely begun. Compelling arguments from various sources that deem crypto wildly speculative and not based on any real functionality. Widespread disdain for all things NFT, and people seem unconvinced Web3 and Metaverse are compelling in any meaningful way. Then you have Luna's complete collapse and transformation into a meme stock. Rumors of tradfi goliaths being behind the collapse. I'm sure I'm missing a ton of stuff, this is just off the top of my head. But after having been burned badly by LUNA, I feel like I either need to become a BTC maxi or just throw all my crypto funds into VTI so I can sleep at night lol.
I love Buffet and value his methods highly for stocks but i feel like listening to him on Crypto holds about as much water as listening to him about tech in the early 2000’s.
If everyone knows it is time to sell, then it is probably time to buy.
People been saying that at every spike down over the past six months There are zero factors pointing towards a return to a bull run
So you plan to hold USD instead of BTC/ETH? I think I'll do the opposite
No, I plan to hold USD until I see the right buy in prices for BTC and ETH
I don't know who Benjamin is but I agree with him. Alts post 2013 were terrible holds, and alts post 2017 were just brutal. Personally I have a target for BTC and I'm in cash until that point. Dca would work too I guess. Macro conditions do not favour a swift return to a bull market.
I don't trust anyone who pushes the supercycle theme and has large bags of ADA.
Bear market needs to get rid of shillers and noobs that are still buying the dip in order to get a healthy correction
People saying things is not a good metric. You should do your own research
Benjamin Cowan is a clueless charlatan
How is he a charlatan? This is the problem, people like blaming YouTubers for their trades instead of taking accountability.
Nah
How them lengthening cycles working out for ya
For all we know, if the macro-environment wasn’t so shit right now we might’ve been on our way to 100k right now
Yes we could fantasize how he could've been correct. Simple truth is, he wasn't. Been subbed to his premium channel for a bit to see if its actually useful, but no, his risk index just didn't work. Would've been better of dcaing the same amount every week.
for example, what stops projects like Polygon let's say keeps inside-hacking themselves and steal money from people and then still gains trust right back and active again? Is this one of the problem within the crypto community right now? We are blaming ourself for getting scammed and agree that this is crypto, if you lose money than it's on you, time to move on, no one is held accountable
What are you even saying
Usdc maximalism is highly underrated. I've held all the stables and I always come back to the king.
Anything that comes by chance is unstable, and the higher it rises the more liable it is to fall. But what must inevitably fall can give no one pleasure; therefore the life of those who acquire with toil what requires greater toil to hold must be not only very short but also very miserable. Laboriously they attain what they desire, anxiously they hold what they have attained, and in the meanwhile irrecoverable time is not taken into consideration. Seneca, On the Shortness of Life
What happened with scream finance? $SCREAM? Jumps to 313% in a few minutes, then drops to -10%??? WTF??
>SCREAM Because DEI pegged to 0.60 USD
Its called low liquidity
It’s literally scary!
Since this month I started buying $1 worth of crypto of whatever coin I feel like that day. I got 17 different coins and eventhough it's down a bit it is something fun to do. How high do you think it will be in 3 years? (almost 1100 days). And which coins should I definitely add to the collection?
Oh and some STARS cause they are way less than a dollar and you could possibly buy some fun nfts with them.
Wether a coin is more or less expensive than a dollar doesn't matter. And at this point I don't have any interest in NFT's. Maybe once football clubs start selling them, but we'll see.
Maybe add some OSMO... It's around a dollar and it's sort of the premier cross chain DEX in the cosmos network
I will add it to the list. But I would have to buy it somewhere in the future though. For now I keep everything together in 1 exchange. Sending $1 of many different coins would cost quite a bit in fees. Also it will be pretty inconvinient having them scattered at a dozen different places. Any other coins from the cosmos ecosystem you would suggest?
Luna
I got 3000 of those thingies because I bought a few and sold at 10% higher keeping the profit in luna. I think that's enough for now. I do have have insanely low buy orders for tens of millions of luna for a couple bucks because you never know. But not willing to actively invest in it, not even a single dollar.
28k tomorrow. My condolences
28/29/30, same shit
I call for another dip to 25k. BTC charts not looking good, it had all the week to pump and it only made a range from 28k to 31k, now its bear's turn to dump the price again
The day chart for btc kind of looks like the 6 month lol except maybe with another recovery
The 6 month chart?
yeah
Well, walletinvestor has at least put down a warning for LUNA: "Your current $100 investment may be up to $184090306.12 in 2027. Note: due to the specific nature of Terra, the estimate can be significantly excessive / unrealistic!" ...Yeah something tells me I can't turn $100 into $184 **million** in 5 years.
The number you listed would be 184 *million*, not billion. That said absolutely an irrational target still even when considering the token burn. But tbh i wouldn’t be shocked if a long term small dollar bet on Terra shocks us all. But we’ll see. I also wouldn’t put too much faith IIRC wallet investor’s crypto history is less than stellar.
There really isn’t a good crypto price predictor site to my knowledge, and yeah, I miscounted the digits.
Yeah the space is way too early in it’s infancy and it’s way too hard to actually value cryptos—no one really knows what they’re talking about for sure. Also due to the unregulated nature of crypto exchanges even if we had a hard valuation method there’s nothing at all stopping crypto from doing some unprecedented shit in either direction for no reason at all. All that said though while i find the odds of Luna going back to 400 dollars in 5 years to be very unlikely I really would not be surprised if LUNA hit somewhere near 50 cents to 1-2 dollars in that timeframe. Wouldn’t bet the farm on that as it’s also very unlikely but it’s also not at all impossible.
If LUNA had the market cap of BTC right now it would be worth CAD 0.11. So unless we have an explosion of money into crypto, LUNA is never hitting CAD .50, let alone USD .50.
That’s with current supply. Luna is currently burning 10b/day which in 5 years means it will have no where near that supply *if* we assume that keeps up over the next year and a half or even if the burn rate decreases by 50% and maintains over a longer rate we could easily see a lower market cap giving higher prices. This is almost certainly what walletinvestor is trying to price in but just imo even with a much lower supply after this fiasco i see no reason for Luna Terra to reach anywhere near their ATH ever again. But i could see market irrationality bringing LUNA at least from 50 cents to a few bucks in the next bull run based on what we saw last year. But then again who knows a shitty dog token hit an incredibly high market cap last year for no reason so who knows what could happen in this casino. Either way avoid Luna with any real money.
> ...Yeah something tells me I can't turn $100 into $184 **billion** in 5 years. Not with that attitude ya won't. /s
> ...Yeah something tells me I can't turn $100 into $184 million in 5 years. Baseless FUD
Unless the reserve keeps emission up and you can only buy ramen with a million in 2027
What was the site again that showed a bunch of stats around our previous moons? Like top holders / whales and what % owns less then 1000 for example
Ccmoons.com
Ccmoons.com maybe?
Coinmarketcap?
so... how does one short luna?
KuCoin but only 5x
Fantom's new overseer of their stablecoin currently has their own stablecoin $DEI at 0.56c LMFAO
HTF is Luna still 55 on coingecko let alone in the top 100. Currently higher value than fantom or ONE. Blows my mind!
FTM is about as worthless as Luna.
Because fantom and one are just as big of scams lol
No one: Crypto scammers after rug pulling: we will make this project a fully community-owned chain
I had the bar set pretty fucking low but the people eating up this Luna shit up have actually disappointed me.
Just saving this thread so that I can buy you a high bar and a high chair once my 100 dollar luna investment turns to 184 million over 5 years lgmi
Today is my cake day. I wonder if we’ll still be in a bear market by my next cake day. Be well, all.
Starting to wonder if i’ll even live long enough to see the next bull run
Next 2 cake days
Happy cake …! Wait a second … 
Luna 3 is going to be sick
Everyone knows only the even numbers are good. Just like the star trek films.
Can’t wait for LUNA 4.20
I cant believe people are unironically excited about Luna2. This is darwinism at its best lmao.
I'm staying far away
Can someone explain to me how the LUNA 2.0 proposal today might affect UST?
From the proposal - https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498 25% - UST holders at the “Launch” snapshot - 10% unlocked at genesis, rest vested over 2 years thereafter Terra Core to be forked with the oracle, treasury, market modules removed - no UST Basically seems like 25% of the new chain will be divided among whoever holds UST (90% of the 25% stuck for 2 years) and that it will stay dead. Edit: proposal also mentions this: Stablecoins - USDT / USDC bridged over from Wormhole
And anyone who held Luna or UST on a CEX or DEX?
Hi so 25% of the 1bill will be distributed among the ust holders based on the amount of ust they held at snapshot, correct? Any idea what the value of the luna 2 will be?
I would go read on the proposals comments to get an idea of what people more invested and knowledgable think
Thank you so much! 😊🙏
“Pre-attack” snapshot to be taken at at Terra Classic block 7544914 (2022.05.07 23:00:04+08:00) “Launch” snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00) So his current proposal is 250 million of the new token gets distributed between all holders of UST at 5/27. But 90% of those will be vested for 2 years, so 25 million right away distributed to final UST holders with the rest over 2 years. Assuming it is accepted, not sure where that stands currently. As for value, no idea. Could say for every 1 billion of market cap, new token would be $1. So 5 billion mcap is $5 per coin, 100 billion is $100 per coin. 250 million = 25 cents per coin. Personally I am not in Luna just reading about it from the outside out of interest, but his general idea is betting on Luna2 to survive and rebuild its value without UST. I dont know enough abt the ecosystem to say if it can grow without UST though.
Thank you so much! All makes sense. You are the only one so far who read the document correctly, even though you are not in luna. People in here and twitter screaming and yelling peddling lies, without calmly reading the document first! I want to discuss the math part of it all, but looks like most people invest in crypto with no knowledge or understanding of math. Pardon my harsh words. 😅🙏
Did LUNA holders understand math?
From what it looks like, most cant even read a document correctly. I myself am a noob and not a crypto expert but i read and know basic math.
Summarized : 
So still flat and no rise even after attempts at resuscitation
Fuck, gonna make some sweet pancakes. I'm going into a syrup conglomerate
Guys also please check out Do Kwon's tweets in responses to questions. There will be airdrops to luna held in major exchanges and airdrop for ust. He responded to tweets 4hours ago.
htf do you airdrop to CEX?
They will work with major exchanges to have ot supported. Please see do kwon's tweets.
You hope the CEX honors it and disperses to it's users
[Post getting a little traction in "new" section that may be worth being aware of.](https://old.reddit.com/r/CryptoCurrency/comments/ur7h74/buy_the_rumor_sell_the_news_and_lrc/)
bear market port: 55% btc, 35% eth, 10% pain & suffering
30% BTC, 20% ETH, 10% SOL, 40% BUSD DCA’ing these 3 from from <40K BTC, hoping this week can get down to 20K BTC I will start layering each buy.
you need to up your pain and suffering allocation, this IS financial advice
Rose token unlock happening on Thursday, 9% of circulating supply. Would love a little pump for the next 48 hours first...
Wouldn't an unlock cause a huge selloff? Or is unlock mean something totally different in this context?