NEW token listed on Kraken: #LUNA2
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blog.kraken.com/post/14142/ter
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Client demand. There’s a weird dynamic with exchanges. Switching cost is low and people tend to want to do everything all in one place for capital efficiency/synergies/convenience. Not supporting 1 coin people demand could cost you the entire account. Listing isn’t an endorsement
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Doing things like this erodes reputation with Bitcoiners.
When you take a stance against ponzi schemes, we take note...like when you stood up against BSV and added lightning network.
Does Libertarianism mean you should have no moral compass and accept erosion of ethics?
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We try to be as asset-agnostic as possible. We're here to run a marketplace, facilitate price discovery, not pick winners and losers. Fiat and most stocks are garbage but where's the outrage? Revenue from these other coins pays for all the security, pro-BTC lobbying and marketing
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"Revenue from these coins pays for security, pro-btc marketing and marketing"
That's a valid point, maybe this story needs to be told better.
It doesn't feel like a stance is being taken, it feels like endorsement of these coins.
Is it not better long-term to set a bar?
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There is a bar, which is why we have only listed < 200 out of > 10,000 coins. I agree it'd make a good topic for an Intelligence report.
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After what happened with LUNA over the last couple of weeks, doesn't it feel like LUNA 2 should not make it past the bar?
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I don't necessarily see them as related. Is there a technical takedown of LUNA2? Does LUNA2 have the same flaws? I'm not an expert on the coin but presumably LUNA2 has learned something from LUNA.
Is supporting LUNA2 and the airdrop improving the situation for LUNA holders?
twitter.com/fintwit_news/s
twitter.com/devchart/statu
twitter.com/ashwsbreal/sta
twitter.com/WatcherGuru/st
It's a dumpster fire dude.
Quote Tweet
JUST IN: $LUNA 2.0 is down -80% after launching hours ago.
Show this thread
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Look through this guy's twitter. He was a LUNAtic that has been since doing investigative reporting on it.
it was a ponzi scheme propped up by the tier 1 crypto funds.
twitter.com/FatManTerra
It was also exploited already.
twitter.com/FatManTerra/st
The insiders dumped.
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What if I told you that Mirror Protocol, up until 18 days ago, was susceptible to the one of the most profitable exploits of all time, allowing an attacker to generate $4.3m from $10k in a single transaction? Here's how I discovered this - by pure serendipity. Show this thread
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Luna holders dumping Pennies on the dollar, which better than $0, someone is still buying this junk and heading into taking a big L.
How is this not a concern on the other side of the trade?
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Come on man! You can and should have higher standards. Of course it benefits you short term to keep customers who may leave if you refuse to list very questionable coins, but it's doing harm to the industry long term. And I know you know Kwon and crew are no bueno. Rise up bruh.
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Hmm. I think you're missing the point that this facilitates the spread of a known scam and its spawn.
Jesse you do realize that all these are unregistered securities and it is unethical if not illegal to advertise and offer them, right?
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