OVZA
New Horizons Paraguay
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Luna just changed "ownership"

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369

💼 Established Presence
Apr 10, 2021
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As everyone know there was the so called attack on luna.
As i mentioned months before luna should be an eye kept on since they plan to offer stablecoins based on SDR's from IMF.

So now they inflated the supply from 350 million to 122 billion (mass adoption ?) and selling it for way under a cent making each old holder instantly rekkt.
Also leveraging/margin/futures is going to be disabled from tomorrow for luna.
I'm pretty sure institutions have bought up everything and will distribute it once the SDR's will be implemented into the monetary system.

So much about wealth security.

Or does anyone belive that Luna is selling each 1 billion Lunas for 1 million dollar (supply till last week total 350 million) to regain UST pegg for 1.2 billion USD 😀 😀 😀

update 250 billion
selling now 1 billion tokens for $300k

Last edited: May 13, 2022
 
UPDATE 2 final supply 7 trillion......

institutions are now on board price quickly raising last‌ opportunity to join cheaply even it already went 3000% up
 
Following your comment, I've bought about 6M Luna for $200. Any price prediction @369? 😉
 
And you all believe in Luna / Terra ?
true the coin⁠ people talk about.
 
Some folk got in at just above 0.0000010. I regret waiting until 0.0000104 but new‌ it looks an interesting risky bet for some money that you absolutely don't need.

Note that it's rising steadily on Bittrex.com and is approximately 0.0090000 already. That's 69100% higher than‍ the current 0.0000130 price on FTX.

You get some interesting dynamics when the blockchain is⁠ offline!
 
@JohnnyDoe what is the difference between investing and gambling? Even insurance and gambling? The maths‌ should be the same, if you're doing it right.
 
Terra Labs is it's parent. Luna is the token. UST is the stablecoin.

GAM Investments‌ might invest 3 billion USD to absorb USTs selloff, let's not forget that LFG also‍ sent 37,000 BTC to MMs and they still haven't used that clip.
 
If you'd bought at the first‌ opportunity after that announcement at about 02:30 this morning UTC and sold now, you'd be‍ up the same as if you'd bought S&P500 29 years ago and sold today.

With crypto you can get decades of return in a few hours, or just lose it⁠ all. 🙂

There must⁤ be some explanation like this for the price on one exchange being 600x the price⁣ on another.
 
I'll probably make a post about how I made the best trade of my⁢ life exploiting that price difference at 2AM 🙄
 
Yup sounds about right.

So when the value‍ of their stablecoin hits zero they simply switch off the network to come up with⁠ a plan....lol?
 
And here comes the premade deal

https://cryptopotato.com/swiss-asset-manager-gam-and-terra-negotiate-a-3-billion-bailout/
Any question why they minted 7 trillion lunas‌ ?
Only issue many devs and community are revolting who got rekkt and demanding a‍ fork from a snapshot

Now CZ gets a bit into trouble.People asking him how Binance⁠ sold Trillions of Lunas when the deposit was disabled and these token minted on demand⁤ 😀 😀 😀

https://www.gam.com/en/news-article...terraform-labs-to-support-the-luna-stablecoin
 
Just goes to show how some people here are‌ gullible enough to believe some unverified crypto news 🙄.
 
Hilarious scam and everybody that lost money on this obvious ponzi deserves it

Especially this‌ guy
 
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