Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
‘The Guilt Is Unbearable’: UST-Luna Investors Discuss the 99.99% Crypto Crash (vice.com)
4 points by thm on May 14, 2022 | hide | past | favorite | 2 comments


Bailout? God no. It would be even more insane to bail anyone out for the value of their crypto at any inflated value, but that’s what the losers would press for. As a great extra scam, let’s buy $100 of some token, let others price them up to $10,000, then get bailed out on the $10,000. If that happens, that’s the next scam to try to get in on, because you and I together could bid $100 of coins up to $100,000 and get bailed out at that price.


Seemed obvious this was going to happen to a number of crypto currencies didn't it?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: