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/biz/ - Business & Finance

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49771050 No.49771050 [Reply] [Original]

https://mobile.twitter.com/milesdeutscher/status/1537847826532933632

IT'S HAPPENING

>> No.49771092

priced in

>> No.49771172

they already got liquidated retard

>> No.49771205
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49771205

>3AC supposedly borrowed money off investors and deposited into Anchor (without informing them)
>Bought $560m worth of locked $LUNA
>That position then collapsed to a mere $600

It feels like 2018 again. People join to crypto, get rich, get buttfucked.

>> No.49772221

>>49771172
They still have stuff locked they have yet to dump.

>> No.49772441

>>49772221
good thing none of us are stupid enough to buy vc scams

>> No.49772611

>>49771205
Bruh i just saw the K meme in the background and lost my shit, thanks for the laughs whoever made this kek

>> No.49773229

>>49772441
So many people lent out their crypto for meme apr...

>> No.49773263

>>49771050
thanks for not waiting for your volume gauge to disappear before trying another screenshot faggot

>> No.49773328

>>49773263
The screen shot button set it off. Cope.

>> No.49773340

the invested in and supported scams like avax and near. So i hope they go bankrupt all of them. Fuck em

>> No.49773716
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49773716

>>49771205
No you get buttfuck

>> No.49773735

>>49771050
leverage fags get the rope

>> No.49773847
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49773847

Honestly in a few months we will be glad for all this. These firms were absolute cancer propping up garbage like Solana and such.

>> No.49773917 [DELETED] 

Very few people are talking about this: the market impact of buy and selling in the crypto space. As someone who has worked in the equities market as an authorized participant (AP), I think generally $1 billion of selling activity leads to a $3-8 billion (rough estimate) of market cap reduction in US equities.
In crypto I believe that multiplier is at least a 10-15x which means 3AC and Do Kwon's forced selling might have actually accounted for the entirety of this move down.

tldr; big pockets selling leads to even bigger reduction in mcap; it ain't over yet.

>> No.49773927

>>49771205
Is it getting fucked if you are a total retard and do zero due diligence?
Or did they just lose a gambling bet?
There is absolute zero way I lose all my money and I'm loving this.
Why?
Hard wallet, ISO coins.

>> No.49774038

>>49773229
Imagine seeing the 30% apr ads and thinking you won't get scammed.

>> No.49774160

>>49773917
It took 1 month for Luna to affect 3AC... so in 1 month who will we find out was affected by 3AC and does this whole crashing scenario take another leg down? Nobody is even asking if this will cause a contagion effect in to the real economy.

>> No.49774193

>>49774160
The real economy is in total shambles dude.
kek

>> No.49774486

not my problem
3AC can go to hell