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Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => Terra LUNA Forum => Topic started by: Bobcrypto on May 14, 2022, 05:15:44 PM

Title: Luna can make a good come back.
Post by: Bobcrypto on May 14, 2022, 05:15:44 PM
In crypto anything can happen, and just as the Luna/UST had surfered a big crash 3 days ago, I am of the opinion that Luna/UST will bounce back in near future. Though it is very difficult to repair a damage ecosystem but with consistency and good team on the ground, I think all hope is not lost in Luna/UST coming to it position. what do you think?
Title: Re: Luna can make a good come back.
Post by: Xnightmare on May 15, 2022, 12:23:08 AM
i think Luna have the potential to come back! let's see..
Title: Re: Luna can make a good come back.
Post by: pelana vreo on May 15, 2022, 08:20:47 AM
 https://finbold.com/heres-why-luna-is-pumping-days-after-total-collapse/
The team and developers surprised by the recent increase in Luna's price.
I'm sure Luna can be in the 10th CMC position and we just need to be patient because this is a long term project
Title: Re: Luna can make a good come back.
Post by: mu_enrico on May 15, 2022, 08:33:26 AM
Impossible without a token burn event, the dev must buy back and burn the excess token. But, I follow the gambling train as well, I put my $10 to buy thousands of Luna  ;D Most likely it will go to 0 and dead, but I just want to feel owning thousands of Luna that cost $80 per token a week ago  ;D ;D
Title: Re: Luna can make a good come back.
Post by: densuj on May 15, 2022, 10:51:31 AM
Impossible without a token burn event, the dev must buy back and burn the excess token. But, I follow the gambling train as well, I put my $10 to buy thousands of Luna  ;D Most likely it will go to 0 and dead, but I just want to feel owning thousands of Luna that cost $80 per token a week ago  ;D ;D
Based on the latest update from the developer of terraluna, the CEO he offer to hard fork for Luna blockchain and it will became two chain, i have got it from  their official forum https://agora.terra.money/t/terra-ecosystem-revival-plan/8701 there people agree and disagree and it will take long time for Luna, personally i have bought 100k Luna just for fun.
Title: Re: Luna can make a good come back.
Post by: mu_enrico on May 15, 2022, 02:35:30 PM
Based on the latest update from the developer of terraluna, the CEO he offer to hard fork for Luna blockchain and it will became two chain, i have got it from  their official forum https://agora.terra.money/t/terra-ecosystem-revival-plan/8701 there people agree and disagree and it will take long time for Luna, personally i have bought 100k Luna just for fun.
I'd agree with CZ Binance on this hard fork idea... It won't give value to the new chain:

Quote
5/ The last few days, we tried hard to support the Terra community. In my tweets, I am simply pointing out the potential issues from my understanding. Minting, forking, don’t create value. Buying back, burning does, but requires funds. Funds that the project team may not have.
https://twitter.com/cz_binance/status/1525754777170231298

Well... I hope they will listen and buyback + burn  ;D ;D
Title: Re: Luna can make a good come back.
Post by: Bobcrypto on May 15, 2022, 05:17:20 PM
Impossible without a token burn event, the dev must buy back and burn the excess token. But, I follow the gambling train as well, I put my $10 to buy thousands of Luna  ;D Most likely it will go to 0 and dead, but I just want to feel owning thousands of Luna that cost $80 per token a week ago  ;D ;D

However, the Chance of Luna token going to zero and dead, and the coming back of the Luna token in some months to come is still a 50/50 possibility. I the team are working to boost the project, but in crypto any thing can happen, i am hoping team may not abandon further development of the project, a plan to burn some of the token to reduce supply may come up in near future.
Title: Re: Luna can make a good come back.
Post by: Freemind on May 15, 2022, 07:47:13 PM
For people to have confidence again, something very difficult after what happened, the first thing that Do Kwon, CEO of Luna-UST, would have to do would be to tell everyone where the 52,000 Bitcoins that are missing in reserves are. After that, what Do Kwon should do is step down as CEO. After that, half of the coin supply must be burned and the remaining part of the supply must be distributed to investors as compensation. But unfortunately none of that will happen.
Title: Re: Luna can make a good come back.
Post by: Bobcrypto on May 16, 2022, 04:42:53 PM
For people to have confidence again, something very difficult after what happened, the first thing that Do Kwon, CEO of Luna-UST, would have to do would be to tell everyone where the 52,000 Bitcoins that are missing in reserves are. After that, what Do Kwon should do is step down as CEO. After that, half of the coin supply must be burned and the remaining part of the supply must be distributed to investors as compensation. But unfortunately none of that will happen.

the CEO, Mr Do Kwon, had explained on the Twitter community channel about the Bitcoin reserve plus other coin/tokens. This is the current state of Luna reserve posted on the Luna Twitter pages,
7/As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets:
· 80,394 $BTC
· 39,914 $BNB
· 26,281,671 $USDT
· 23,555,590 $USDC
· 1,973,554 $AVAX
· 697,344 $UST
· 1,691,261 $LUNA
8/ As of now, the Foundation’s remaining reserves consist of the following assets:
· 313 $BTC
· 39,914 $BNB
· 1,973,554 $AVAX
· 1,847,079,725 $UST
· 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators).
please Twitter page for info and updates. thank you.
Title: Re: Luna can make a good come back.
Post by: Octoalts on May 16, 2022, 07:19:00 PM
Whatever happens I want LUNA to come back again, I have experienced a lot of minuses from LUNA. I don't want this to happen immediately, even if it takes a long time I want the LUNA price to go up like a few time ago.
Title: Re: Luna can make a good come back.
Post by: Alichlas92 on May 16, 2022, 07:47:07 PM
The accident that happened to Luna made most people stressed and frustrated.. they lost a lot of money..
but they still believe that luna will recover soon and in the near future may go up $1 and see ath.

does it take 2 years to return to ath?
Title: Re: Luna can make a good come back.
Post by: hair on May 16, 2022, 11:57:59 PM
I think it will take time, we can only wait what happens next. if the team makes a new breakthrough to increase the price, it's not impossible
Title: Re: Luna can make a good come back.
Post by: Freemind on May 17, 2022, 06:18:25 PM
the CEO, Mr Do Kwon, had explained on the Twitter community channel about the Bitcoin reserve plus other coin/tokens. This is the current state of Luna reserve posted on the Luna Twitter pages,
7/As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets:
· 80,394 $BTC
· 39,914 $BNB
· 26,281,671 $USDT
· 23,555,590 $USDC
· 1,973,554 $AVAX
· 697,344 $UST
· 1,691,261 $LUNA
8/ As of now, the Foundation’s remaining reserves consist of the following assets:
· 313 $BTC
· 39,914 $BNB
· 1,973,554 $AVAX
· 1,847,079,725 $UST
· 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators).
please Twitter page for info and updates. thank you.

If the funds available to the foundation, as they have said, are:

· 313 $BTC
· 39,914 $BNB
· 1,973,554 $AVAX
· 1,847,079,725 $UST
· 222,713,007 $LUNA

The best they can do is to disappear from the industry and look for good lawyers, because with those funds they are not going to repair what they have done. I don't think anyone in their right mind is going to help the CEO financially after what's going on.
Title: Re: Luna can make a good come back.
Post by: fadl4 on May 18, 2022, 04:29:53 PM
The accident that happened to Luna made most people stressed and frustrated.. they lost a lot of money..
but they still believe that luna will recover soon and in the near future may go up $1 and see ath.

does it take 2 years to return to ath?
Maybe less than 2 years in my opinion. I am also one of those who believe in Luna. My friend is also currently experiencing a loss of tens of millions and now has to wait for his capital to return
Title: Re: Luna can make a good come back.
Post by: hair on May 18, 2022, 11:53:27 PM
Maybe less than 2 years in my opinion. I am also one of those who believe in Luna. My friend is also currently experiencing a loss of tens of millions and now has to wait for his capital to return
we'll see what Luna looks like in the future. luckily I am not a luna holder who has bought Luna at a high price. Hopefully Luna's price will improve soon. luna team should buy Luna back to burn
Title: Re: Luna can make a good come back.
Post by: Paha87 on May 19, 2022, 10:18:02 AM
I am sure that the LUNA will not recover for at least the next couple of years, the more I heard information about the snapshot of the moon's blockchain and the registration of a new replacement coin. This story, of course, showed that the crypt is still at the initial stage of development, still work and work.
Title: Re: Luna can make a good come back.
Post by: Freemind on May 19, 2022, 10:25:48 AM
I'm not sure the LUNA team can do anything, especially considering that Do Kwon has been called in to explain to the South Korean parliament the disaster caused by the fall of LUNA-UST. I think that the first thing that TERRA should do is find another CEO if they want to continue in the crypto industry and have some credibility, with Do Kwon as CEO they have a very difficult time, and that right now the only thing it does is darken the image of the project even more.

If you want more information you can visit this link: https://cointelegraph.com/news/do-kwon-summoned-to-parliamentary-hearing-following-ust-and-luna-crash
Title: Re: Luna can make a good come back.
Post by: densuj on May 19, 2022, 02:27:59 PM
Based on the latest update from the developer of terraluna, the CEO he offer to hard fork for Luna blockchain and it will became two chain, i have got it from  their official forum https://agora.terra.money/t/terra-ecosystem-revival-plan/8701 there people agree and disagree and it will take long time for Luna, personally i have bought 100k Luna just for fun.
I'd agree with CZ Binance on this hard fork idea... It won't give value to the new chain:

Quote
5/ The last few days, we tried hard to support the Terra community. In my tweets, I am simply pointing out the potential issues from my understanding. Minting, forking, don’t create value. Buying back, burning does, but requires funds. Funds that the project team may not have.
https://twitter.com/cz_binance/status/1525754777170231298

Well... I hope they will listen and buyback + burn  ;D ;D
Yes i agree to cz too but the problem with buy back and burn, Luna fondation group they don't have money to buy back LOL, so the solution for them is just do hard fork event the people will not believe in new chain Luna. Btw i hope Luna classic will be adopted by cz. But it is just speculation and all of this are speculation let's wait and see what will happen on Luna.
Title: Re: Luna can make a good come back.
Post by: Freemind on May 19, 2022, 07:38:53 PM
I don't think Do Kwon is stupid enough to ask investors to refinance his project, the South Korean government would not allow it, and less since they have asked him to go to parliament to explain what has happened. Kwon will have to give many explanations and face many lawsuits, the best thing he can do is use the money he has left to have good lawyers because if everything goes as fast as it is now, it is possible that he could end up in prison.
Title: Re: Luna can make a good come back.
Post by: mu_enrico on May 23, 2022, 08:06:31 AM
Yes i agree to cz too but the problem with buy back and burn, Luna fondation group they don't have money to buy back LOL, so the solution for them is just do hard fork event the people will not believe in new chain Luna. Btw i hope Luna classic will be adopted by cz. But it is just speculation and all of this are speculation let's wait and see what will happen on Luna.
Buy back and burn is just one of the proposed solution, they can do tax and burn as well, so reserves/money is just one of many factors. The most important thing is intention IMO. As long as the company has the correct intent, the chain can be saved.

Agree with Freemind that it's possible that Do Kwon will end up in prison, so the community should pick a new leader, fork the chain, or whatever to save the old LUNA chain.
Title: Re: Luna can make a good come back.
Post by: Freemind on May 23, 2022, 11:30:32 AM
Buy back and burn is just one of the proposed solution, they can do tax and burn as well, so reserves/money is just one of many factors. The most important thing is intention IMO. As long as the company has the correct intent, the chain can be saved.

Agree with Freemind that it's possible that Do Kwon will end up in prison, so the community should pick a new leader, fork the chain, or whatever to save the old LUNA chain.

The team's intentions may be very good, but those intentions will be in vain if they don't have enough funds to carry them out. I still think that forking the network is not going to solve anything, I think that at this point no one in their right mind would invest again, but there are still many investors in the original chain, and the team must think about them and the amounts of money those investors have lost. Do Kwon must stop making bad decisions out of respect for his investors and abandon the project.
Title: Re: Luna can make a good come back.
Post by: KryptoBull on June 11, 2022, 12:21:40 AM
I don't trust the future of LUNA because people have abandoned the Terra ecosystem. Investors were afraid of everything related to Do Kwon and Terra Labs. Many people look for opportunities with LUNA 2.0, but I will not participate further in this project.
Title: Re: Luna can make a good come back.
Post by: dodok on June 11, 2022, 01:33:58 PM
indeed in crypto no one knows whether terra luna will rise again or not, but if you look at the current market price it might take a long time to rise because bitcoin is still a dump
Title: Re: Luna can make a good come back.
Post by: Lanirex on June 11, 2022, 06:32:03 PM
I don't trust the future of LUNA because people have abandoned the Terra ecosystem. Investors were afraid of everything related to Do Kwon and Terra Labs. Many people look for opportunities with LUNA 2.0, but I will not participate further in this project.
I also assume that, many people are very disappointed with LUNA.  So that until now there have been no positive signs about this coin, but sometimes in the Cryptocurrency there are surprises that occur.  We'll just have to wait, but if I'm honest, I myself am very disappointed with LUNA, I don't even want this coin to live anymore.
Title: Re: Luna can make a good come back.
Post by: naitik01 on June 12, 2022, 02:07:22 PM
The accident that happened with Luna a few days ago shook the crypto market badly but Luna's team recovered it quickly which is commendable.
Title: Re: Luna can make a good come back.
Post by: Freemind on June 12, 2022, 07:02:02 PM
The accident that happened with Luna a few days ago shook the crypto market badly but Luna's team recovered it quickly which is commendable.

Accident?. After the latest events and the evidence shown publicly by the South Korean government and the SEC, I don't think it was an accident. Do Kwon has not had enough of bankrupting many investors with his mismanagement, he has also affected the entire crypto market and according to the latest news we are seeing, he had been hiding 80 million dollars a month in private wallets for months. The dominoes keep falling, nothing that has happened is an accident.
Title: Re: Luna can make a good come back.
Post by: Cakra bumi212 on June 15, 2022, 01:56:44 PM
after losing a little trust from his fans, hopefully Terra Luna with its new version, namely Terra 2.0, the price of tera luna can again compete with crypto solana, or cardano.
Title: Re: Luna can make a good come back.
Post by: Duckenth on June 17, 2022, 05:58:28 PM
after losing a little trust from his fans, hopefully Terra Luna with its new version, namely Terra 2.0, the price of tera luna can again compete with crypto solana, or cardano.
I think it will be difficult to restore investor confidence in Luna, although now that a new version of Luna has been released, investors will be hesitant to invest here again.
Title: Re: Luna can make a good come back.
Post by: Freemind on June 18, 2022, 05:22:24 PM
I think it will be difficult to restore investor confidence in Luna, although now that a new version of Luna has been released, investors will be hesitant to invest here again.

After everything that has happened, with so many people going bankrupt and with reports from the SEC and the South Korean Ministry of Finance claiming that Do Kwon has been hiding money for several months, I don't understand how people can invest in something related to Terraform Labs. They have shown that they are not capable of executing a project of such magnitude and how to minimize the risks for investors, and all those lack of professionalism are being paid by the investors once again.
Title: Re: Luna can make a good come back.
Post by: Bobcrypto on July 23, 2022, 05:16:38 PM
I think the new face of the Terra projects, the rebranded token, that is, Terra classic may ignite good value within a short time. I am sure that the Terra classic will bounce hard to fully replace Luna coin, and very confidence that Luna coin may greatly dump and become useless; this could also pave way for more adoptions on the new Tarra classic version in near future.
Title: Re: Luna can make a good come back.
Post by: Ryu27 on July 30, 2022, 08:47:08 AM
I think the new face of the Terra projects, the rebranded token, that is, Terra classic may ignite good value within a short time. I am sure that the Terra classic will bounce hard to fully replace Luna coin, and very confidence that Luna coin may greatly dump and become useless; this could also pave way for more adoptions on the new Tarra classic version in near future.

From what I can see now with the new brand name of terra luna which is currently LUNC, its only move in the market in the future will probably be pump and dump, because after the controversial events, it will be really difficult for regain the trust of their community to increase its volume in the market again. Chances are this will be difficult for Terra classic.
Title: Re: Luna can make a good come back.
Post by: mu_enrico on July 30, 2022, 12:34:14 PM
It's very difficult for a centralized coin to recover after the dump event and it's the minority chain as well. It would be different if $LUNA is a community coin from the beginning, because the hope of recovery will always be there for a community coin. If Do Kwon arrested and Luna Foundation get shut down, both $LUNA and $LUNC will never recover.
Title: Re: Luna can make a good come back.
Post by: yashwant on September 17, 2022, 05:13:37 PM
Luna was once destroyed but now its influence is returning in the market again. Now I am sure that it will restore its dominance over the investors as before. Seeing its increasing demand, I have also bought some Luna because I am now convinced that it will prove to be a good profit deal.
Title: Re: Luna can make a good come back.
Post by: Citysatoshi on October 13, 2022, 11:04:31 AM
Yeah, is currently Lunc returning back, thank to the community proposed tax burn, I think that this is a great idea that must be commended. As we see on the coinmarketcap ranking, Lunc has has proven to be great a project, as at the time of writing this post, Lunc has moved to the top 40 coins, and by the end of 2022, Lunc may hit top 15 at the coinmarketcap ranking. I think Lunc is going moon and will place itself among the top coin/tokens in near future. I am buying more Lunc as the bear market persists.
Title: Re: Luna can make a good come back.
Post by: Citysatoshi on December 01, 2022, 09:01:21 AM
The comeback is going be very amazing thanks to the overwhelming support from the community. I am very sure that the Lunc will definitely come back in near future and is a good opportunity to buy more Lunc. I am seeing Lunc hitting $0.01 or even higher before the end of next year, and a massive pump may happen early 2023. The recovery of Lunc project will be great and encourage everyone to invest to reap good returns.
Title: Re: Luna can make a good come back.
Post by: Ghozrd on December 06, 2022, 06:13:10 AM
Luna 1.0 or LUNC has become a community coin since the UST deppeging issue, I believe LUNC can go up to $0.1 but it needs millions of coins to be burned applying trade tax as do some exchanges.
Title: Re: Luna can make a good come back.
Post by: sery2013 on December 15, 2022, 08:39:25 AM
Not really believe in the potential of this coin, let alone any growth. It showed its own, artificially raised the price and that's all. Someone has earned, and someone lost on not all. Many normal coins for investment to date.
Title: Re: Luna can make a good come back.
Post by: KryptoBull on December 30, 2023, 11:54:38 AM
Not really believe in the potential of this coin, let alone any growth. It showed its own, artificially raised the price and that's all. Someone has earned, and someone lost on not all. Many normal coins for investment to date.
Currently we no longer have any new information about Terra ecosystems development: no new projects, no truly outstanding tokens, not even KOLs talking about LUNC token. I don't dare expect Terra to make an impressive comeback similar to how Solana has done in the past few months. Solana has no legal or litigation issues, but Terra will forever be tied to a blockchain providing Do Kwon's fraudulent services.
Title: Re: Luna can make a good come back.
Post by: Hisbullah on January 01, 2024, 01:55:27 PM
Not really believe in the potential of this coin, let alone any growth. It showed its own, artificially raised the price and that's all. Someone has earned, and someone lost on not all. Many normal coins for investment to date.
Currently we no longer have any new information about Terra ecosystems development: no new projects, no truly outstanding tokens, not even KOLs talking about LUNC token. I don't dare expect Terra to make an impressive comeback similar to how Solana has done in the past few months. Solana has no legal or litigation issues, but Terra will forever be tied to a blockchain providing Do Kwon's fraudulent services.


Forget it mate, I think we should think and invest in more reputable coin than always being top 10 coins.
We should confident to their project, iF we want invest it.
Title: Re: Luna can make a good come back.
Post by: Freemind on January 02, 2024, 09:39:33 AM
After the time that has passed since the LUNA disaster, I don't think we will have any news about the current state of things. The alliance made by some LUNA whales has not turned out as they expected and there is no news, nor is there any news about Do Kwon and his legal problems, so I think everything is in pause mode and could last a long time.
Title: Re: Luna can make a good come back.
Post by: elbans89 on January 06, 2024, 10:35:43 AM
I don't believe  to LUNA  again.
Better to buy another coin..
I think there are many coins for investment, Forget Luna.
We should  invest in top 10 coins now.
Title: Re: Luna can make a good come back.
Post by: shuvenker999 on January 06, 2024, 01:17:47 PM
No chance for this coin to recover from the hell. Even when terra luna developers were using whole of available reserved funds to pump UST and this will not make the price to go back again to the top. This company and its holders have been loosing everything. No chance for recovery even some parties are also against the new proposal to issue the new token as a replacement for the old tokens that were minted during the worst day last week. I do believe this is the end for this project.
Title: Re: Luna can make a good come back.
Post by: Freemind on January 07, 2024, 06:21:13 PM
No chance for this coin to recover from the hell. Even when terra luna developers were using whole of available reserved funds to pump UST and this will not make the price to go back again to the top. This company and its holders have been loosing everything. No chance for recovery even some parties are also against the new proposal to issue the new token as a replacement for the old tokens that were minted during the worst day last week. I do believe this is the end for this project.

Those who have really lost have been the investors. I don't know if the developers have lost anything considering the huge amount of money that no one knows where it is. Trying to use part of the funds to maintain the price of UST was a waste of time and money, as they would never have succeeded. Neither Do Kwon nor any of those responsible for LUNA "know" where the funds are, and that is the first thing to know to at least try to return the greatest amount of money available to the affected investors. Unfortunately I don't think that will ever happen.
Title: Re: Luna can make a good come back.
Post by: bitterguy28 on January 12, 2024, 05:20:27 AM
In crypto anything can happen, and just as the Luna/UST had surfered a big crash 3 days ago, I am of the opinion that Luna/UST will bounce back in near future. Though it is very difficult to repair a damage ecosystem but with consistency and good team on the ground, I think all hope is not lost in Luna/UST coming to it position. what do you think?
I think this thread should be locked as this has nothing to do with LUNA now , it is proven that the project suffered so much that it will never ever recover anymore even how hard they may try mate because  imagine how have they failed their investors?
you have asked this back years because you thought it is just a simple dumping but now? it is answered that the project is scam and no one will trust this again.

The team have been trying different approach recently but their effort comes to nothing because it is indeed a no way to run project.
Title: Re: Luna can make a good come back.
Post by: Power420 on February 04, 2024, 09:47:27 AM
In crypto anything can happen, and just as the Luna/UST had surfered a big crash 3 days ago, I am of the opinion that Luna/UST will bounce back in near future. Though it is very difficult to repair a damage ecosystem but with consistency and good team on the ground, I think all hope is not lost in Luna/UST coming to it position. what do you think?

Basically, once the investors trust the coin, the second investor will not want to invest in that platform. The Luna platform stole massive investor money as they crashed out of the market and left massive money in UST coins. I faced a loss of $3700. I bought Luna Tokens in my wallet, which has now completely vanished. I won't go back to the Luna platform for a second time because I lost once and ended up shorting my wallet.

Title: Re: Luna can make a good come back.
Post by: hair on February 04, 2024, 05:20:24 PM
I don't believe  to LUNA  again.
Better to buy another coin..
Are you buying Luna? in my opinion
Luna doesn't have strong enough fundamentals after the cases.
who are still buying these coins the meaning have strong financial for try their luck
Title: Re: Luna can make a good come back.
Post by: babo on February 07, 2024, 08:30:03 PM

Are you buying Luna? in my opinion
Luna doesn't have strong enough fundamentals after the cases.
who are still buying these coins the meaning have strong financial for try their luck

after what happened no one will believe in Luna again. It's a shame, it was a very beautiful ecosystem and I really liked it a lot. I got out of UST just in time before getting a -100% in the face. It wasn't much but it would have bothered me to lose that $1,000
Title: Re: Luna can make a good come back.
Post by: Freemind on February 07, 2024, 08:52:53 PM
After everything that happened with Luna, the project is more than doomed to failure. The worst thing about all this, in addition to the billions of dollars that many investors have lost, is that even if a group now appeared that wanted to reactivate the project and give it a new horizon with new ideas and updates, no one would believe it. That's part of Do Kwon's legacy. I also haven't read anything new lately (although I admit I haven't searched much either) about Do Kwon's current situation. I don't know what other users think, but personally I stay away from Luna, I like to sleep peacefully.
Title: Re: Luna can make a good come back.
Post by: babo on February 08, 2024, 11:17:41 AM
I also stay away from it, I barely got out of it and it left me with deep scars, not so much because of my loss (I would have lost $1000 then) but because of the fact that some of my friends who went hard lost really important quantity.
Title: Re: Luna can make a good come back.
Post by: Gurujebs on February 08, 2024, 11:50:35 AM
I also stay away from it, I barely got out of it and it left me with deep scars, not so much because of my loss (I would have lost $1000 then) but because of the fact that some of my friends who went hard lost really important quantity.

I have seen market bleed like Luna and FTX collapse. SBF mistake was obvious and people were notified quickly of the disasters they were about see except for investors and traders that couldn't withdraw their money, though when the news broken out, the smart traders were able to withdraw and rest is history but as for Luna, it was terrible experience.

They tried so hard to buy back with Bitcoin and they were doing more damage to the market  because they were dumping Bitcoin to protect UST and it wasn't working and Bitcoin was also dumping and it was when they couldn't protect it again they gave up and despite the listing new Luna, it remains one of the worse coin.
Title: Re: Luna can make a good come back.
Post by: Freemind on February 08, 2024, 12:36:19 PM
I have seen market bleed like Luna and FTX collapse. SBF mistake was obvious and people were notified quickly of the disasters they were about see except for investors and traders that couldn't withdraw their money, though when the news broken out, the smart traders were able to withdraw and rest is history but as for Luna, it was terrible experience.

They tried so hard to buy back with Bitcoin and they were doing more damage to the market  because they were dumping Bitcoin to protect UST and it wasn't working and Bitcoin was also dumping and it was when they couldn't protect it again they gave up and despite the listing new Luna, it remains one of the worse coin.

UST was one of Luna's biggest mistakes, besides Do Kwon's behavior and personality. There are several stable coins available on the market that can be used without any problem, creating another stable coin, for the simple fact of wanting to control something uncontrollable (the market, or a part of it), is a bad idea. UST not only affected Bitcoin due to its massive sell-off, but it also affected even investors who had nothing to do with Luna. I hope the same doesn't happen with USDD as Justin Sun's stablecoin concept is very similar to UST's.
Title: Re: Luna can make a good come back.
Post by: MUGNIA on February 10, 2024, 04:29:28 PM
Are you buying Luna? in my opinion
Luna doesn't have strong enough fundamentals after the cases.
who are still buying these coins the meaning have strong financial for try their luck

but the reality is that LUNA is getting worse and there is no good movement in its price,
Personally, even if I have more money, I won't buy LUNA for investment, even for daily trading it's difficult to make a profit,
Title: Re: Luna can make a good come back.
Post by: babo on February 10, 2024, 10:26:50 PM
I also stay away from it, I barely got out of it and it left me with deep scars, not so much because of my loss (I would have lost $1000 then) but because of the fact that some of my friends who went hard lost really important quantity.

I have seen market bleed like Luna and FTX collapse. SBF mistake was obvious and people were notified quickly of the disasters they were about see except for investors and traders that couldn't withdraw their money, though when the news broken out, the smart traders were able to withdraw and rest is history but as for Luna, it was terrible experience.

They tried so hard to buy back with Bitcoin and they were doing more damage to the market  because they were dumping Bitcoin to protect UST and it wasn't working and Bitcoin was also dumping and it was when they couldn't protect it again they gave up and despite the listing new Luna, it remains one of the worse coin.

Yes, it was, as the jargon calls it, a perfect storm, an attempt to block with one's hands an entire ocean of shit that was coming against them like a tsunami.
Obviously they couldn't, obviously many of the stakes and other systems were blocked and they lost everything. I had smelt it and had unlocked and put my 1000 UST in a mobile wallet ready to run away and I gave myself a rule, if it depreciates by 10% I'll sell and so I did, after UST it went back up for a moment to a peg 1: 1 and then it collapsed
Title: Re: Luna can make a good come back.
Post by: hair on February 11, 2024, 11:05:51 PM
but the reality is that LUNA is getting worse and there is no good movement in its price,
Personally, even if I have more money, I won't buy LUNA for investment, even for daily trading it's difficult to make a profit,
Exactly. I prefer to buy other coins than LUNA.
No need to waste your money on this project.
There are many coins better and more profitable for your investment
Title: Re: Luna can make a good come back.
Post by: babo on February 12, 2024, 02:47:50 PM
Exactly. I prefer to buy other coins than LUNA.
No need to waste your money on this project.
There are many coins better and more profitable for your investment



it was a waste of money, but the point is that it was a nice ecosystem and I really liked it also in terms of nomenclature and objectives
It's a shame to burn a project like this
At the moment I don't really think about putting money into it, I keep well away from it
Title: Re: Luna can make a good come back.
Post by: hair on February 18, 2024, 10:43:09 PM
it was a waste of money, but the point is that it was a nice ecosystem and I really liked it also in terms of nomenclature and objectives
It's a shame to burn a project like this
At the moment I don't really think about putting money into it, I keep well away from it
Yeah, this project is dead. but the ecosystem still going on.
I saw that LUNA is still in the top 500 on coingecko. I don't  why, this project still has many investors
Title: Re: Luna can make a good come back.
Post by: babo on February 19, 2024, 09:03:09 AM
it was a waste of money, but the point is that it was a nice ecosystem and I really liked it also in terms of nomenclature and objectives
It's a shame to burn a project like this
At the moment I don't really think about putting money into it, I keep well away from it
Yeah, this project is dead. but the ecosystem still going on.
I saw that LUNA is still in the top 500 on coingecko. I don't  why, this project still has many investors

Yes, I know it has many investors, I'm not saying no
I repeat, I liked it as a project, but given what happened I wouldn't put even a cent into it at the moment
i not trust in project now
Title: Re: Luna can make a good come back.
Post by: Freemind on February 22, 2024, 09:12:02 PM
Yes, I know it has many investors, I'm not saying no
I repeat, I liked it as a project, but given what happened I wouldn't put even a cent into it at the moment
i not trust in project now

I don't want to take away anyone's hope, but I think when you say "at the moment" you should say never. Luna is not going to return, and if the project did return, it would be another disaster, since no one would trust the project or the team again no matter how good the intentions or the roadmap were. There was already an attempt to merge two projects (I don't remember the names) and try to relaunch the project, but the last time I read about this was over a year ago, since then I haven't seen anything new.
Title: Re: Luna can make a good come back.
Post by: babo on February 23, 2024, 06:59:26 AM
Yes, I know it has many investors, I'm not saying no
I repeat, I liked it as a project, but given what happened I wouldn't put even a cent into it at the moment
i not trust in project now

I don't want to take away anyone's hope, but I think when you say "at the moment" you should say never. Luna is not going to return, and if the project did return, it would be another disaster, since no one would trust the project or the team again no matter how good the intentions or the roadmap were. There was already an attempt to merge two projects (I don't remember the names) and try to relaunch the project, but the last time I read about this was over a year ago, since then I haven't seen anything new.


yes but in the end I said the same thing, unless highly unlikely events occur it makes no sense to put money into a totally dead project
the ecosystem was nice, unfortunately human greed destroyed everything
Title: Re: Luna can make a good come back.
Post by: Freemind on February 27, 2024, 08:17:05 PM
yes but in the end I said the same thing, unless highly unlikely events occur it makes no sense to put money into a totally dead project
the ecosystem was nice, unfortunately human greed destroyed everything

We agree on that, the ecosystem was quite good, but as you say, Do Kwon's greed and especially his ego ruined all the plans and many investors. Even if a miracle happened and some team decided to resurrect Luna, I still wouldn't invest. Luna is marked for life, just like BitConnect and other projects that were going to revolutionize the industry and in the end... Sometimes I wonder what would have happened if Do Kwon had had another vision for Luna, the project could have gone far and made a name for itself among the giants of the industry.