Reply With QuoteI owe you a drink* if this pans out and I get them out in time.Originally Posted by Raffe
*Disclaimer: it may have to be tap water
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Yes good luck, hope it works out
I owe you a drink* if this pans out and I get them out in time.
*Disclaimer: it may have to be tap water
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update: finally got a transfer confirmed notice from Celsius after 1.5 hours, let’s see if it arrives…
update 2: funds have landed
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Last edited by JoeyTudor; 11th May 2022 at 20:51.
A lucky escape maybe, and a warning to anyone who leaves funds on an exchange
Glad you’ve got out
Good news.
Maybe it's nothing, but after a day like today it wouldn't be a surprise if some companies were in trouble, and sometimes those rumours just turn into a self-fulfilling prophecy.
Someone who lies about the little things will lie about the big things too.
Agreed, I don’t imagine Terra Luna will be the only casualty of all this.
I still have long-term conviction about certain cryptos, but with so much other financial turbulence in the world atm that I just don’t understand, I think I’ll sit it out for a few weeks and see how it all plays out. Then get myself a hardware wallet before I join the circus again.
I’m retiring for the evening with a good whisky, now that I can still afford it. Good evening gents
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Someone who lies about the little things will lie about the big things too.
Hello!
Someone who lies about the little things will lie about the big things too.
Resilience, you say?
Someone who lies about the little things will lie about the big things too.
With some possibly fortuitous timing, the JP Morgan Cryptocurrency Basket cases notes matured last week on their 'observation date' of the 2nd May. The initial pricing having been fixed just over a year ago on the 31st March 2021.
Over that period the constituent stocks had lost around 31% of their value. Taking fees and the 'basket charge' into account I would guess/estimate the loss increases to ~36%. As a reference point bitcoin dropped just under 35% over the same period.
However if the purchasers of the notes - always assuming there were any - have been ruing the day they handed over their hard earned, then they may be able to take some solace. The notional value on close of business yesterday evening would have been -47% excl and ~-52% inc.
Tether falling apart in slow motion, $0.9860 as we speak. This has the potential for proper nuclear meltdown.
Meanwhile, most shit coins and Defi down another 20% versus yesterday. But apparently that is business as usual, I was told.
Someone who lies about the little things will lie about the big things too.
Gentlemen, get your coins off the exchanges. Now.
Someone who lies about the little things will lie about the big things too.
Done
Mine in a wallet
Personal or cloud based wallet?
I might have to do some moving around today..
Ledger Nano
I might need super prime 1 hr delivery!
All my crypto is on Coinbase pro and smaller amounts on Binance..
Do it now, don't wait another minute.
USDT $0.96
Someone who lies about the little things will lie about the big things too.
I feel for the people who have lost fortunes on this, luna from £60+ to 0 in a few days and everything else tanking is going to hurt.
Could always use Coinomi on your phone - it’s non-custodial and supports most coins.
Can one of the illuminati please explain to me what this means?
https://twitter.com/Tether_to/status...52531170881537
It sparked a rally from the low of $0.92 to above $0.97 - is that just because they showed a sign of life or is this a meaningful development?
Last edited by Raffe; 12th May 2022 at 08:51.
Someone who lies about the little things will lie about the big things too.
From Twitter, so don't shoot the messenger..
They're swapping chains to ward off a similar attack which pulled LUNAs pants down
Yeah, but it's not about which chain, it is about the quality of their collateral.
For years they promised to release an audit, me thinks it won't be more than days until they have to show the money or face carnage.
Someone who lies about the little things will lie about the big things too.
Is there any chance Luna could recover from this? Tempted to buy a small amount on the off chance it goes back to its £50+ price.
I don't disagree with you on that
Anyone having a £50 punt on LUNA??
They have lost 99.83% of value this year
Gambling on that 0.17% seems madness to me
Very little chance, but who knows
At 10c a pop, it might be worth a (small) punt, but a punt is what it would be
I did last night with £100
This morning it is worth £62
#winning
Did the Russians tell you it was a good investment
Yes, sure it happens all the time that popped bubbles re-inflate 500x just because somebody wants to turn £50 into £25,000.
Why not invest £2,000 and become a millionaire?
Someone who lies about the little things will lie about the big things too.
Well, as it happens..
In 2011 Bitcoin fell by 99% to 1c briefly, if you'd invested £2000 then it would be worth cazillions today (can't be arsed working it out)
In 2013 Bitcoin fell by 80% to $50, if you'd invested £2000 then it would be worth just shy of £1m
Cheers, I'll look into it.
My main money is in Cardano and ETH and stored on Coinbase Pro, I have a few hundred in others like Telcoin/Vechain/Polkadot/Theta etc, I might buy a Nano S and just transfer the ADA and ETH or buy the X and just transfer the lot to the freezer?
They didn't have anything of the overhang that is in LUNA. And didn't fall by the 99.9% that LUNA is down.
Meantime, the next 'stable coin' has popped: Neutrino at $0.75
Someone who lies about the little things will lie about the big things too.
Think its a case of seeing whats left and can recover from the ashes..
Yes sure, I understand the feeling.
Someone who lies about the little things will lie about the big things too.
Just remember guys, we're all in it together. Right?
The advantage of Coinomi is it will take a few minutes (if that) to set up and will allow you to move coins off the exchange. You can always move them again later when you have a Ledger or Trezor or whatever you prefer to use.
ADA being one of my main holdings does not look like a native coin on Coinomi, I think there is workarounds but rather than risk/mess it up maybe going straight to a cold wallet may be better..
It means 'steady lads, deploying more capital'Can one of the illuminati please explain to me what this means?
https://twitter.com/Tether_to/status...52531170881537
It sparked a rally from the low of $0.92 to above $0.97 - is that just because they showed a sign of life or is this a meaningful development?
Needs a meme tbh
On another note, Gensler always said stablecoins need regulations, needs to pull his finger out
Luna 0.02
Clearly they still have more than enough, but emotionally some of those losses are going to hurt.Just remember guys, we're all in it together. Right?
Wish I’d had a punt at something years ago when this thread kicked off. Friend of a friend did very well & currently in his Caribbean house with another new super yacht amongst other properties etc.
If I could understand all the shorting Ralf is up to, it seems the way but am just too far out of my depth & too busy to learn a new skill.
Speaking of which, when do you reckon you’ll close your shorts Raffe?
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I don't have a big game plan, but for the time being not inclined to touch it. It's fine as it is, might sell a bit more if we rally from here.
Someone who lies about the little things will lie about the big things too.
https://twitter.com/7xwolfex/status/...G7cnwXbDkfrjtg
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In the wake of the Luna disaster, a couple of extra frauds. Everything working as it's designed.
https://twitter.com/web3isgreat/stat...51853837991943
Someone who lies about the little things will lie about the big things too.
Nice little bounce for Bitcoin this morning
I’d expected a few weeks below 30k, maybe even below 25k given all the drama around LUNA etc
Terra gone
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