Luna can make a good come back.

[Paha87]

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.

[Freemind]

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

[densuj]

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:

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 

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.

[Freemind]

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.

[mu_enrico]

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.

[Freemind]

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.

[KryptoBull]

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.

[dodok]

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

[Lanirex]

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.

[naitik01]

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.

[Freemind]

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.

[Cakra bumi212]

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.

[Duckenth]

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.

[Freemind]

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.

[Bobcrypto]

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.