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Topic: Best Proposal for LUNA - page 3. (Read 443 times)

hero member
Activity: 3024
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May 19, 2022, 05:44:40 PM
#28
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
No proposal will be approved if it's not coming from Kwon. He seems to be a decided person about the plan of forking. I'm with you about the possible retrieval and redemption of this project and that is through burning. He can remove and forget about UST but if he wants to get back on track with Luna, he has to burn those billions of supplies or do a buyback so that the money will come in again into the economy of Luna. Well, but he seems to be a genius on his own and want to work with strategy that won't probably work then.
full member
Activity: 2128
Merit: 180
May 19, 2022, 05:44:30 PM
#27
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
The developer knows the best for their project, this may look more suitable but DK is taking a different path and we have to trust them. I don’t know their current proposal but if its for the good of the project then why not? Beside if its already failed then its better to accept it and move forward. This is a very sad situation but its out of their control since whales already manipulated the market. LUNA still have the chance to recover, though it will take time.
sr. member
Activity: 2422
Merit: 357
May 19, 2022, 05:36:24 PM
#26
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Burning the supply can be a great solution but LUNA developer thinks different, they believe Fork will do better and even if the community is against it, i think they are going to push it through. So in the coming days, we will find out if the fork will work or this is just another failed project which can also dumped that much. DK is too focused on his own strategy, I hope he’s still in a good condition to do so since many investors are relying to him, since their money is still with LUNA.
hero member
Activity: 2030
Merit: 578
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May 19, 2022, 05:21:41 PM
#25
I do hope for the betterment of the project since there are lot of investors who got screwed up in this case and there has been reports others has taken their own lives and that's the saddest part. I hope Do Kwon and the Luna community get a consensus on what is the best that may benefits the both parties,l. I hope Do Kwon wouldn't be an a** about this and hope decentralization wins over.
hero member
Activity: 2184
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May 19, 2022, 05:11:12 PM
#24
seriously I think burning is gonna be the most useless thing that LUNA ever done if they intended in decreasing the current total supply.
lets be frank here, the late luna holders are the ones that holds billions of luna, if LFG is just deciding to burn the LUNA then these late luna holders are the ones that gonna make profit the most and the earlier holders
are just gonna be seeing their investment turns into a dust.
burning at this point is just a really bad decision because the market circumstance has changed, get over it.
member
Activity: 150
Merit: 10
May 19, 2022, 05:00:22 PM
#23
I really hope they burn some. The supply is insane. Then I can make some nice money since I bought at the lowest
sr. member
Activity: 994
Merit: 441
May 19, 2022, 04:32:40 PM
#22
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Luna is in a position where she has to work hard to get to a better position. The most good news would be that Terra Luna would have to burn a lot.Otherwise, Luna will never be able to come to a good position. If this is the only reason to come to a better position.
legendary
Activity: 1176
Merit: 1056
May 19, 2022, 04:19:43 PM
#21
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
No matter how much good news brings bad news, I don't think it will bring any benefit for him. These terra Luna investors have suffered the most.But you have to make a lot of Luna burn.And it will take a long time for Luna to get into a good position.
jr. member
Activity: 840
Merit: 6
May 19, 2022, 03:08:06 PM
#20
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Right now a lot of blockchains are offering bounties, airdrops, and grants to Luna based projects, DApps and communities. One of those is Candle labs dot org.
hero member
Activity: 882
Merit: 1873
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May 19, 2022, 02:57:51 PM
#19
Burning a massive & I mean massive % of the supply could give it a fighting chance but I think the damage has been done if I am honest. It’s a dead coin & will eventually trend to $0. Investor confidence is destroyed & it will take a lot to get that back.
It had a chance if Kwon listened to the voice of the community instead of following his own plan of attack.  You can see he is almost EXCITED about his dead coin instead of taking responsibility and being sorry for the damage.

But when you miserably failed your investors and produced insane damage to them and even after this you still do not have ears for them, it is clear to me your intentions are definitely not healing the entire situation up.

Interesting times to follow through.

-
Regards,
PrivacyG
sr. member
Activity: 728
Merit: 266
May 19, 2022, 02:00:09 PM
#18
               The difficult thing about this is that Do Kwon is already pretty set with his decisions about where he wants the project to go making him closed towards the opinions of the investors that got fcked/rekt by his previously awful decisions. Either this guy already has a follow up plan after this or he's just been ng selfish and wants to prove that he has the capability to turn the situation around for the better with his new plans. Either way I hope he'd really be able to turn things around for the sake of the investors and the supporters of the project that really liked its utility.
legendary
Activity: 3234
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May 19, 2022, 01:04:09 PM
#17
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

Burning a massive & I mean massive % of the supply could give it a fighting chance but I think the damage has been done if I am honest. It’s a dead coin & will eventually trend to $0. Investor confidence is destroyed & it will take a lot to get that back.
full member
Activity: 649
Merit: 100
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May 19, 2022, 01:03:42 PM
#16
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
burn is not always good, we all know LUNA and UST are tied to each other, if LUNA is burned then UST will increase supply and after that LUNA will add supply again. The only way they can solve this is to stop the supply and the Terra LUNA team plans to make a new version of LUNA and are ready to leave the old LUNA to be handed over to their community. It is certain that LUNA will no longer be taken care of by the terra team, but they will focus on the new LUNA.
hero member
Activity: 2702
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May 19, 2022, 12:57:15 PM
#15
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Disappear, that is the best option for everyone, the longer it takes for luna to finally reach its inevitable fate the more ammunition they are giving to the detractors of this market to say whatever they want and to go unchallenged, as they can point out what it is happening with luna and claim all the market is like that.

So luna has to disappear as quickly as possible, is this bad for those which invested in luna and ust? Of course, but they took a decision when they invested in those projects, while the rest of the community that knew that this was a scam and avoided it still have to suffer, something that is completely unfair.
hero member
Activity: 2870
Merit: 594
May 19, 2022, 12:50:13 PM
#14
There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.

I would agree on that. I don’t think that any proposals could really make up for the damage done to everyone and the entire image of the industry. They could only do so much with the proposal, but it doesn’t necessarily mean that the goal to save either of the two will be totally covered. It is a saddening event, but it is the reality. I never imagined that something like this will really happen.
Yeah, I would also agree on this statement. There is no better proposal to salvage Terra (LUNA), it was doomed to fail at the very beginning because Kwon Do f***ed up everything.

And now, he is still trying to save his face by having this kind of proposals. They try as hard to keep everything normal, but we all know that they can't and now it's all over and it messed crypto market in the worst time.
hero member
Activity: 2912
Merit: 642
May 19, 2022, 12:28:28 PM
#13
With a broken trust? Nah, even with the best proposal given it will unlikely lift up. That is a thing in investing in cryptocurrencies or even with other assets.
Once you fail, it's difficult to return in your once upon a time greatest achievement.
Old investors of LUNA will surely look for an opportunity to sell off their remaining coins that was stuck in the middle of everything that happened. They trusted it could pump back but it didn't and it may not ever. They want something in the space of what they invested, not another dimension.
In short, they want their money back.
As an investor, I don't like buying stuff where old investors are lurking in the shadows ready to sell anytime.
legendary
Activity: 2100
Merit: 1321
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May 19, 2022, 11:07:03 AM
#12
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Im afraid even with burning tokens circulation will still be the same on the exchange itself. Its gonna be take a while to reduce a trillion coin. Also the people loses its trust on the founder and the team. The reason why its still being traded is due to pump and dump reason of the traders.
legendary
Activity: 2758
Merit: 1228
May 19, 2022, 10:56:58 AM
#11
BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

This is best proposal for people who bought luna when the price reach at All Time Low and they became a lucky for that if there's burning of supplies will happen, but upon reading on Do Kwon we can  figure put that they are planning to fork it and create another with. Hopefully they not turn their backs and continue to develop their own coin which has been dropped by some attackers.
hero member
Activity: 2996
Merit: 524
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May 19, 2022, 10:38:10 AM
#10
I don't know which proposal that may become the best proposal Any proposal have its own pros and cons. The result of proposal that will be chosen by community actually depend on the result form the voting. Many luna holders are supporting burn but i think this will not gonna happen. Even when so many people introduced their own proposal and the result will always be the same. People can only try to receive their fork tokens at the end of this month. Even when hundreds of proposal created by the community and do kwon will always pick the first proposal.
This is how the community being rugged by someone who claimed to be the master of stable token
sr. member
Activity: 1274
Merit: 264
May 19, 2022, 10:34:09 AM
#9
Burn LUNA will not approve because many users buy LUNA at a low price even the current price with the hope that maybe LUNA will be burned and they will become millionaires but the proposal of LUNA classic and launch new LUNA will be accepted and most of the voting in favor of launch new LUNA because those buy LUNA above $50 they should be compensated and this proposal they will get new LUNA, no doubt CEO of LUNA fails to manage the situation but holder of LUNA may be little compensated but not all they will snapshot till May 7, 2022, and after this date holder of LUNA will not get any new coin.

I think the majority of the holders of Terra (Luna) are right now in favor of the Burn mechanism even CZ of Binance got disappointed with how they will handle and propose a new fork for the community, I wonder how if people did not vote for this proposal, and would they think still to still forward the on creating a new fork?

There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.

The majority of the new investors will avoid the Tera luna but when it comes to trading, it can be taken advantage of the market. The only problem is how they will convince people that it will not happen the "attack" again and not to lose their investment and how they will handle it.
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