The 'crypto panic' takes over the digital market: a 'crash' causes the flight of investors
"To the moon". To the moon, and yes, precisely from the star the bad news has come this week for investors in the digital market. 😤
The collapse of a good part of cryptocurrencies in recent days has left doubts about the business and among investors who predicted a bright future in which it was even pointed out that they could replace traditional money and put an end to banks. The collapse in the market that has been experienced this week, which keeps bitcoin with a fall of more than 50% from maximums, has a slight respite this Friday and increases are recorded. That does nothing to erase the 'crash', marked by TerraUSD and Luna.😕
Investors are fleeing cryptocurrencies at a time when stock markets have tumbled from the heights of the coronavirus pandemic on fears about rising prices and poor economic prospects stemming from the war in Ukraine. So much so that professionals in the sector have seized Luna, which has gone from being worth 20,000 million dollars (19,200 million euros) to almost zero, like the Lehman Brothers of cryptocurrencies, thus recalling September 15, 2008, when the financial entity declared bankruptcy and used a domino effect that led to the greatest economic crisis in history.
Terra and Luna: from success to ruin
Terra is considered a 'stablecoin', a type of digital currency that is characterized by offering high stability compared to conventional cryptocurrencies. It is common for these currencies to be associated with the value of traditional money, whether they are dollars or euros.
However, since it does not have the backing of any bank, it needs other ways of guaranteeing parity, that is, guaranteeing that if you invest one euro, you receive a unit of the 'stablecoin' with that same value. At TerraForm Lab they pegged it to the dollar. To maintain the value of this 'token' they opted for what is known as an algorithmic model.
This is where luna comes in, TerraForm Lab's other cryptocurrency, which serves to support the value of its partner. That is, if one went down, the other went up and they compensated for it.
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They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.
They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.
https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem
Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?