What is Terra? UST and LUNA explained with Animations
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- Опубліковано 10 вер 2024
- Terra is an ecosystem of many different things and has many uses, but the main use case is in payment processing and in their stablecoins. In this video, we explain how their algorithmic stablecoin works, and how it's different than the Titan/Iron crash.
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Can’t wait for your animated video explaining what happened and why! Especially because you mention on this video that This one was different and wouldn’t fall on the “dead spiral”
following
So i guess this channel is bullshit information! hahahah
@@raymondrig4321 u can already tell after hes explaining the term "financial ecosystem" lol
He says "we may be wrong and terra may crash in the future"
@@davel4030 which is true, buts its how confident he was in this project that really kills me
Interesting to see what's happening in the Terra ecosystem right now.
Imagine watching this video and then the next day the market takes a $1 trillion hit
@@niveditabosman4484 Don’t forget, “Whiteboard Crypto is the NUMBER 1 channel for crypto education. Where they use lessons that date back to the stock market crash of 1929, so easy your grandparents can understand it.”
I want an update on this video after all this fiasco about terra passes to see if this worked or not.
it dieded
@@forexautomatedtrading1959 You mean "DAId" 😂
Who's here after LUNA 99% crash 😂
At 7:25 you perfectly explained a ponzi scheme, congrats.
I think anyone selling their Bitcoin or Ethereum because of the dip, has no idea what they are holding in the first place. Long term hodlers are not going to sell a single Satoshi. We are on downtrend which the chances of bouncing up off this resistance is much greater than falling lower. Now I buy and just trade and I'm super picky who I listen to for crypto analysis. We should focus on day trading, as it is less affected by the unpredictable nature of the market. Big thanks to Lincoln Mount for helping me earn 18 BTC, after implementing his daily trading signals and tips. I'm not bothered with how bad the Market is turning out.
Everyday he comes out with a new Strategy he never runs out of ideals and he never give up he doesn't take loosing for an Answer
I'm going to start looking into trading and I hope Mr Lincoln can really help me, I’m just tired of holding and waiting for the price of bitcoin to go up. It’s really depressing
The BTC price has been side ways. You are so right about trading
good to see others speaking positively about Mr Lincoln. I'm also a long term user of his strategy and i believe trading bitcoin profitably starts with him. it's a win-win situation every time even when the price of bitcoin is down and still earn regularly
I will always be grateful to Lincoln I was only a newbie trader when I met him last year October. Now I'm more informed and experienced in the trading aspect of bitcoin, earning more than 1.9 btc every 2 weeks
“The profit seems to come from money flowing into the ecosystem…” bros explaining a ponzi and then goes but it’s very different from the last Ponzi scheme
Crypto bros in a nutshell. They need to come up with bs so their projects can keep going, but they're all hoping for a crazy high valuation.
who is watching this now with latest price Luna ?😂😅😅😂
luna killed all of us
Hahahaha
great one. Please make a follow-up of how it collapsed.
Great info but we don’t use euros in England as pictured 🤣
It's pound bruh😂 i am imagining the accent😂
I jumped when I saw the euro flag
@Nope Franks
Ok we get it. Relax bro
Football clubs do so what you saying
@@shaunbit8910 they dont so what you saying
Great explanations as always! 4:35 EUT should probably have the EU flag considering England's not even in the EU now lol
I was just about to mention it haha
Besides them never using the Euro in the first place lol
@@von__jan me too hahah
joking maybe? haha
bruh hahaha
England 🏴 doesn’t use Euro they use Pound
@Sheld𝚘n Evan𝚜… how could you make such huge mistake? Lost a lot in credibility 😶
aged like milk!
@4:50 "..so far terra has worked.." what a cautionary tale
Who’s here after UST depegged and Luna is below a penny lmao
Who is watching this video after Terra crushed?
Me. This channel man...
I am not yet mature enough to explore the Terra ecosystem, I keep all my funds on BSC. There are some very high-yield protocols there, like WOWswap
Saw Buterin's mom's tweet about WOWswap, but never had a chance to look at it myself🤔
I don't like trading on WOWswap, but I keep my tokens there with a high APY 🙃
Is there a trading terminal? I used to trade on binance and I'm afraid I can't figure out the other platform😅
checked the site, very cool, and very convenient to look apy at different chains
Too bad the high apy on WOWswap goes down quickly, but that's basically how it is everywhere in defi. You just have to strive to get there first
RIP for those who take their lives by investing in this crypto 🥲
RIP
RIP
@@Celph nothing to proud of lol you just gambling at this point
@@Celph lmao have never been stupid enough to buy it even once
@@ptchi2026 yeah reason why you broke and I’m sitting at 20k and counting 😂😂 from $100 scared money don’t make no money !!
Who’s here after LUNA and UST collapsed😅
That s why you should never listen to youtubers or influencers. They don't know shit like most of people. This is just their "educated " opinion. However, there is nothing that will replace your own education and research work.
I took your words as a financial advice to buy Luna and I lost all my life savings, i don't even have money to pay my taxes.
Great video as always !!! It would be interesting if you could put sections in the video so viewers can see the structure of the video and also skip to the parts that interest them (in case they watched the video multiple times)
My advise is don’t just venture on any asset for the sake of it, I seek the guidance of “Mark k. Ronny“ who has made me understand that strategy is everything, hodling and compounding his strategy has brought 23 btc returns so far this year. I copy his trades in real time which I can confidently say I am impressed.>...
Does he have a channel or something
kmarkronny VlA Te le gr am....📧📧.
Terra UST doesn't seem stable to me lol 1 dollar to 0.75$? you call this stable coin?
its 0.4$ lol
Hello, I'm new to Biticon trade and l've been making huge losses but recently i see a lot of
people earning from it. Please can someone tell me what to do?
Well, you are saying the fact. I invested
$4,000 with Mrs Annabelle Hartfield , and earned $12,000 in 7 working days.
I'm also benefiting from Mrs Annabelle . I was afraid of investing with her platform until I got convinced by
my cousin who linked me up with her and since then I've
been earning at least $4,000 when ever i invest in a week.
I had doubt about her but since i traded with her and earned a lot of proft have changed my thinking about her to a positive one.I must say Mrs Annabelle Hartfield is 100% trustworthy and
legit.
Being a newbie in Bitcoin investment and trading is
very discouraging but since I met Mrs Annabelle Hartfield , she has really been careful in handling my investment.
i invested $6,000 with her and earned $33,000 in period of 3 weeks of trading with her.
Yep, death spiral indeed. Sad but also valuable lessons. Luckily I wasn't invested into UST or LUNA. Well.. Now I am at a low risk position. Would be nice to see the ecosystem recover however. It could possibly show tons of growth in the stable coin ecosystem of today. Positive thoughts.
your position is probably under 2k dollars
Several crypto experts have recently compared bitcoin and other cryptocurrencies to digital gold, and as gold is always growing, this could indicate we are always on a bullish road, even though clear evidence point to a robust rebound even to higher highs. In a bear market, as my personal trading adviser and signal provider Eric Birger always says, sitting on your cash in a bear market isn't the best strategy, because traders are taking advantage of the instability.
For newcomers and busy investors with little or no time to watch trades, trading with an expert like Eric Birger is the best option...
It always surprises me when I hear someone state they are unaware of Eric Birger. It's as if he keeps a constant eye on the blockchain and all of its activities in order to design and implement a profitable plan like his.
can you do a new video on the fall of Terra Luna? Especially a comparison to Iron Finance?
"But Terra is different..."
That didn't age well, buddy
The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊
How does this crypto stuff really works and how do I make good profit from it?
@@kellyhalper78 I would recommend you get started with a professional broker that will trade for you while you get the profit
@@kimberlymarie2857 Do you have an idea of any good broker I can start with that's trust worthy?
I would recommend my current broker Brian Davis. He is currently earning a lot of profit for me and his services are top notch
@@kimberlymarie2857 Wow, i'm shocked you mentioned Brian Davis, he is also my current broker
Thinking about those affected by this horrible tragedy. Thanks Do Kwon
Anyone here after the crash?
Please make video why Terra Ecosystem is failed... Both UST and Luna are more than 50% down
if he have breain in head had he was going to expain the risk when he made this video.
Watching this after the crash yesterday is hectic
Please make another one on how it collapses.
This aged well as fine milk
Thank you very much for this tutorial. I was soo disoriented, frustrated, intimidated and weary with boring reading material that I actually stopped wanting to learn all together. It was literally a "terror" for me taking on this universe. Now, I can actually envision the Terra ecosystem concept of a large payment processing system, it's basic structure and protocols. Watching this video layed it out for me perfectly and has given me the confidence to punch on. I guess it isn't soo scary after all. Thanks folks.
i like your insight on this! and i like that this isn't as loud as bitcoin, and i would love to get into it now because i think its the best time, but i don't really know where to start
Awesome I'm from Belgium and I can tell you that decentralized finance is definitely the future from my own account, but certainly you need to know your way around it, i have someone, alexis susan welsh, an expert trader that i can invest with and its been great i know so much now how it really works. and because of this right approach to investing, good profit is now my middle name
I have been seeing so many recommendations about Alexis Susan Welsh trending, her strategy must be good for people to talk about her and my cousin recommended her to me Consistency is key, I've been investing with her for years now and I've made alot of profit from her. Most of those traders who offer to give you 300% of whatever you invest might scam you of your hard earned money.
amazing! i have heard about so many times, Please how do i contact her directly, and i want to invest 20000 dollars, how much return am i expecting in like 3 months
.
Good. Now please make video on explaining why the entire ecosystem of using Luna to keep UST stable completely went to dumpster fire?
5:48, this is the right point it has
Right point
Bro I just wanted to express my gratitude to you and everyone involved on the creation of this videos 💛.
I’ve been studying everything related to crypto and Web 3.0 for all about two months now and I’ve learned a lot so far but now I’ve encountered your videos and it feels so nice to understand the things you are saying and explaining , thanks a lot , you are empowering a full generation of people like us that have been using the internet since really young and now we have a chance to make a living out of it 💛
Thanks bro this will change lives.
Yeah, Luna changed lives alright.
he empowered a lot of lives by shilling this project didn't he
This didn't age well..
Need to keep in mind that terra also hasn t got its own blockchain, it is using cosmos chain.
terra crushed my friend,,ur next video should be why luna crushed
Anyone watching this now,to grab some Luna in this crash😂?
He basically said it's a Ponzi with utility haha, lucky I had 0 bags of this.
7:34 in retrospect, that whole explanation of the value being in the people that hold luna expecting more people to join sounds an awful lot like a (decentralized) ponzi scheme. I wish I hadn't put almost all my savings in UST, but no one expected Terra to crash as hard as it did. Hindsight 20/20.
wow wishing you all the best man, that's alot of money
@@raphael4875 Thanks man, honestly it was quite a hard blow. But better times will come. I'll have to learn from my mistakes.
Geez... Watching this on May 21, 2022 sends shivers down my spine...
this aged very well
5:47 - 5:50 is the key
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@Stephenfanos37 You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds during this red season.
@@Wellingtonluzia3 How can I reach out to this coach? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
@@Brendavonrohr4 *DEBORAH STAVARACHE CASTRO* is the coach that guides me.
Every time I watch one of these videos, it seems to coincide with getting an alert halfway through that the product being talked about has just jumped up 10%+ in value. Go LUNA!
bro its up like 60% this week
@@jibranraza9590 happy days, just wish I'd managed to drip more £££ in before it shot off! Roll on the next dip.
How you guys doing?? Still gonna HODL this bullshit till you get to the moon with your laser eyes?? Try not to hang yourselves lmao
@@jschnabes13 doing fine thanks because of the golden rules of only putting in what you can afford to lose. Well played for being so classy as to seek out 4 month old video comments to troll people about suicide on the internet just because they lost a few bucks :)
@@MrMichaeljhinde
Yeah, trolling with suycyde is too much regardless.
Sounds like your video needs an update
Best educational crypto channel
Who’s here after the recent crash lol
🤣
This video aged like warm milk. It’s educational but you should have stayed away from saying “terra and Luna” won’t suffer from the death spiral, or speaking so highly of them. In the future don’t “advertise” a crypto
First class!!! Animation always helps me to rapidly master difficult concepts. It is an invaluable learning " protocol ". Thank you.
Thank God I found this Channel.
Can you do a video on the Cosmos blockchain and maybe how it differs from a similar one like Polkadot? Love the work you do btw. Being able to take any concept and explain them in different ways that still makes sense and is accurate isn't easy.
WBC and Theo do it again. Clear concise, unbiased and accurate.
Good job, young man. Now do your presentation on the Terra ecosystem’s Anchor Protocol, which will blow people’s minds.
Thanks.
ThIs CoIn Is DiFfErNt!1
It is! It fools more people hahahahah
10:56 "what's next for terra?"
- a lot of 0,00000
lol 'this time/one is different' is a dangerous quote
How many are here after the crash wondering what happened?
Such an interesting video to watch on 15 May 2022. Are you planning to make a follow-up video to this given recent developments with Luna and UST? Perhaps those synthetic assets need to be revisited for one thing …
Well, this vid didn't age well... LOL! I do still think it's a great concept, and this recent catastrophe is just a learning opportunity for Terra/Luna or the next guys to build a better system next time.
Yup. Algorithmic stablecoins = scam.
he literally said its value is based on money flowing into the system... textbook definition of ponzi scheme
5:46 - he got that right 📉
8 months later and it pulls a Titan lol
this channel deserves a million subs
bought it for $1 today😂😂😂😂
The largest punzi scheme in cryptocurrency made me lose 10% of my net worth, and realized how important is to have a decentralized and efficient crypto like Bitcoin.
And Cardano , Solana , etc
Seriously bro. Keep up the good work. I will support in every way i can. I have liked all the videos i watched and even shared this channel to my friends.
This aged wel
Lmao watching this today is hilarious
Thank You for All that you are doing for World Peace and for Humanity...
Peace.. Shalom.. Salam.. Namaste ..
🙏🏻 😊 🌈 ✌🌷 ☮️ ❤️ 💐 🕊
The simple way you have put it is really good 👍
Sounds great, I'm in.
Now ~ Can you explain why Terra failed ?
What a brilliant and simplified way of explaining the topic! Kudos!
5:06 history repeats itself. Terra luna crashed
Awesome job! Thank you! ❤ TerraLuna 😄👍📈🚀
Please do one about DJED at some point !! Your videos are amazing and I think it has not been as covered in other places.
Come back here to understand after the recent crash...
I like the usd , krt , euro above euro you put the flag of england which is using pound and also is not in European union 😉btw nice video , always learning from you !
This aged well
get the next animation made by looney tunes.the one where wiley coyote falls off a cliff.😂
LMFAOOOOO
The only channel where I actually love the "like and subscribe" plugs.
5:47 that happened now
Just click on the sponsor links, that is all crypto youtubers cared about, lol
Preyers and thoughts going out to LUNA right now, i'm pretty new to this world but studied it a bit before puttin g any money in and mannnnnnn did timing ever favor me. I didnt invest in UST nor LUNA i was going to like 4 days ago but got sidetracked by a phone call before i hit buy and kind of forgot to jump back in and click buy.....well fast forward to today nad i'm so damn thankful i didnt. hope it goes back to normal but i dont know after all this bad press :(
Man, this video cost me a lot of money. This is basically Iron Finance. =(
I feel you bro
You should make an update video of this topic.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I will advice you should
stop trading on your own if you keep losing and start trading with Mrs Laura Morgan trading services
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Laura Morgan she recovered the loss and made an extra profit of £4600
Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her
@@peterdebra1882 You don't need to be shock because I'm also a huge beneficiary of expert Mrs
Laura
i love this channel!!!! Every-time i want to research a new project, i first look on this channel.!!!! Amazing. THANKS!
Would love a video on DIVI Project
Can you make a video explaining what just happened to Luna/USDT?
sorry ser that's fud
Thank you for all your videos, you have helped me learn a lot. Watching this now video I feel like I know mostly know what already taking about but that's mostly because of your channel in the first place. Thanks again 👌
5:50 Terra crashed, i come from the future
7:36 - "The profit seems to come from money flowing into the ecosystem" - The definition of a Ponzi scheme
This aged like milk lol
Would love a video on the depeg from you guys
I think you are confusing Terra UST and LUNA in a couple of places. For example, at 7:05, you say "what happens if LUNA goes under a dollar"... I think you meant to say "UST" or "Terra UST" or "TerraUSD".
Good catch! I'm surprised nobody else caught that in the script, my bad
Oh, It seem to be a great project, I think I should go all in. I plan to keep 50% of my portfolio in UST, and the other 50% in LUNA :)
Great explanation as usual. However, I still don't understand where Terra is different to a Ponzi scheme. Is the value not based on people buying or selling Luna? If the value would determined on the transactions and the 1% fees that would be different, but to attract investment or make people sell might not work as people might not do what the Algorithm wants them to do
It's tokenomics is what makes Luna special
luckily you spot it earlier
@@athanasiostsagkadouras383 nope, it is what causing it to collapsed
We know the answer now... It was a Ponzi scheme.
@@rained23JMTi so then.. athanasios was right😁