It's effectively worth what you can sell it for, so 0.91USD for Terra. This refl... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

samatman on May 10, 2022 | parent | context | favorite | on: Web3.0 Must Be Destroyed

It's effectively worth what you can sell it for, so 0.91USD for Terra.

This reflects a market consensus that there's about an 80% chance that it won't regain the peg, if you think about it.

BaseballPhysics on May 10, 2022 [–]

Or it's an indication of how many people have sunk cash into the coin and are stuck HODLing in the hopes of it recovering, which... makes it just like any other coin.

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