What the LUNA cryptocurrency has in common with a Thanksgiving Turkey and the LTCM hedge fund

from blog Dodgy Coder, | ↗ original
A classic black swan event has just happened to the LUNA cryptocurrency.A black swan event is characterised by a spectacular run up in price, followed by the price falling off a cliff to near zero. It famously happened to a hedge fund named LTCM (Long Term Capital Management) back in 1998. The resulting loss temporarily destabilised Wall Street,...