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Crypto Luna coin collapses, suicide posts on Reddit
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Date: May 13th, 2022 1:59 PM Author: talented wild range Suicide Threats Spike on Reddit After Crypto Crash Victims of the cryptocurrency crash are posting suicidal messages on a Reddit forum dedicated to the cryptocurrency Luna.
This week, Luna token crashed 99 percent as the TerraUSD stablecoin it was tethered to also imploded.
Prior to the crash, the coin was soaring above $115; it’s currently trading at 1 cent.
The downturn caused countless not-so-savvy investors to lose not only their gains, but their entire investments, with some claiming they lost their entire life savings on the speculative project.
Many took to Reddit’s r/TerraLuna board to discuss how they, or their friends were considering suicide in response to the nosedive.
“My ex-colleague attempted suicide,” one person wrote.
“For those considering suicide, here’s my story of attempted suicide,” another thread was titled.
“I lost over 450k usd, I cannot pay the bank. I will lose my home soon. I’ll become homeless. suicide is the only way out for me,” wrote another person.
“I lost all my life savings,” another Redditor wrote. “Had bought Luna at $85, not sure what to do.”
“I should’ve cashed out when it was $100, then I would have been up $25,000,” another user stated. “But I got greedy hoping to get more money so I can at least afford a downpayment for a house for my family. I guess no house and savings then.”
The suicide threats became so frequent that message board mods added a pinned post telling “everyone panicking” to reach out to “national help lines,” followed by a long list of phone numbers for suicide prevention hotlines.
The crash comes as stock and crypto markets have been rattled by inflation, with crypto’s biggest token Bitcoin plummeting over 28 percent over the last week.
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Date: May 13th, 2022 2:10 PM Author: Copper vigorous locus background story "Luna token crashed 99 percent"
More than that! It went down 99% three times.
100 x 0.01 = 1
1 x 0.01 = 0.01
0.01 x 0.01 = 0.0001
CoinMarketCap has it at $0.0001197 right now. |
Date: May 13th, 2022 2:02 PM Author: confused deer antler Cuz we know reddit posters never lie or make stuff up. (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44506259) |
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Date: May 13th, 2022 2:03 PM Author: motley patrolman lol (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44506264) |
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Date: May 13th, 2022 2:04 PM Author: Sticky milk church Elizabeth Warren interns running flame poasts for Warren to use as ammo when she pushes the bill re: the threat of ALL stablecoins...for her donors. (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44506277) |
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Date: May 13th, 2022 2:08 PM Author: Boyish well-lubricated persian stage “I lost over 450k usd, I cannot pay the bank. I will lose my home soon. I’ll become homeless. suicide is the only way out for me,” wrote another person."
How does this happen? this person is investing their mortgage payments on this? the person doesn't have a job to make future payments? |
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Date: May 14th, 2022 1:14 AM Author: puce disgusting philosopher-king locale i assume there are idiots out there who maxxed out every bit of credit they could, beyond their ability to service, to take advantage of this MOONING coin and its 20% staking returns. you'd kinda be dumb not to?
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Date: May 14th, 2022 3:03 AM Author: hairraiser free-loading windowlicker trump supporter oh, noes, a bankruptcy! (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510062) |
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Date: May 14th, 2022 12:50 AM Author: talented wild range (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44509755) |
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Date: May 14th, 2022 1:09 AM Author: talented wild range (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44509783) |
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Date: May 14th, 2022 1:11 AM Author: Orange slimy chapel mood We had a thread on this and the reddit mods locked the sub because of us (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44509785) |
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Date: May 14th, 2022 2:58 AM Author: French dilemma *barry manilow voice* Looks like we maed it... |
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Date: May 14th, 2022 3:01 AM Author: hairraiser free-loading windowlicker trump supporter Did 5/16 lunar eclipse predict that? (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510059) |
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Date: May 14th, 2022 3:01 AM Author: Marvelous Purple Property how does a stablecoin pegged to USD collapse? that doesn't make sense (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510060) |
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Date: May 14th, 2022 3:07 AM Author: Orange slimy chapel mood It's actually hilariously stupid. They built the collapse into the algorithm (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510070) |
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Date: May 14th, 2022 11:11 AM Author: French dilemma how? (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510903) |
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Date: May 14th, 2022 11:13 AM Author: Floppy Mediation (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510910) |
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Date: May 14th, 2022 11:24 AM Author: Razzle-dazzle Very Tactful Travel Guidebook Linked to some scam ponzi that promised guaranteed 20% returns (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510972) |
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Date: May 14th, 2022 11:14 AM Author: appetizing chocolate cuck business firm DO IT, PUSSY (http://www.autoadmit.com/thread.php?thread_id=5108450&forum_id=2#44510913) |