I have been saying not to trust Centralised Exchanges since day 1. Especially not made-in-china/chinese owned exchanges which are never to be trusted. The worst part about it is that people still give them their coins and their personal data (via KYC). It is all going belly up one day and on that day I will say the same thing again: Do not trust a CEX, ever!
We already have the beginning of DeFi solutions which, albeit amateurish, do seem to work on a stable basis. So there is absolutely no need for a CEX, as is.
The full DeFi adoption needs to happen faster so that we can speed up the rate of DeFi and Web 3.0 technology. Centralization goes against everything that crypto stands for.
Topic: Binance Involved in LUNA SCAM (Read 552 times)
I think the one to blame here is not the exchange, but yourself, why should you put money in without doing some research on the project first.
exchange is just a service provider for trading and there are lots of altcoins you can buy, why choose Luna? because basically nothing forces you to invest in any project.
I think It can't be said like that, the fault is not OP or other holders, they also analyze before put money in to this platform. Nobody predicted that beforehand, but the developer got it wrong on the side by increasing Luna printing by day and as a result, plunged in until it probably wouldn't be worth it in the market. Binance and other marketplaces are indeed services and there is nothing wrong with them, they are all a business. exchange is just a service provider for trading and there are lots of altcoins you can buy, why choose Luna? because basically nothing forces you to invest in any project.
I think the one to blame here is not the exchange, but yourself, why should you put money in without doing some research on the project first.
exchange is just a service provider for trading and there are lots of altcoins you can buy, why choose Luna? because basically nothing forces you to invest in any project.
exchange is just a service provider for trading and there are lots of altcoins you can buy, why choose Luna? because basically nothing forces you to invest in any project.
All these problem are caused by CEX, decentralized trading protocols will take over when traders realize the damage CEXes are causing. Binance announced luna delisting twice. They also announced a luna delisting yesterday, but then they changed their mind, before delisting it, what they should had done earlier before it went to zero
is it true that the effect of CEX? TerraUSD (UST), a stablecoin whose value should have remained pegged to the United States dollar, but didn't work as it should, actually saw a decline in price. why does it happen where the price should stay, has it really happened as my friend above said. there is still a lot of speculation circulating about the situation with LUNA, of course this is something that is very bad for LUNA for crypto developments in general.it seems that not only binance is doing that, almost every exchange has closed as soon as possible, maybe even local exchanges in every country have this happen. many who have held LUNA for a long time are confused, because they have to move their assets on the exchange because of the closure.
Will LUNA's situation get worse, even after the LUNA bubble? by minting several billion tokens and dramatically increasing the number of tokens in circulation, further accelerating LUNA's price crash in an attempt to save UST. Is it true that this situation continues to be unfavorable to LUNA in the future? still needs to be learned more but most importantly all LUNA holders can get the best news going forward.
CZ is helping the Terra team and providing ideas on how they can recover the Luna and UST and I think maybe Do Kwon is still brainstorming or checking for the best proposal to recover the loss with their team.
Maybe the community will agree more with the solution from CZ compared to the issue of the new coin proposal v2 because it will be difficult to develop a new coin, even though there is an initial increase but it is not guaranteed to be trusted again for long-term investment. Based on experience from other altcoin projects which are very vulnerable to drama from hacking and dump issues, so the main solution is replacing new coins but it won't work until the project dies. So anyway they have to solve the problem on the old coin and the proper step is to consider the solution from CZ. 
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I don't know if they were involved in Luna's recent dumping because when a large amount of tokens were transferred to their exchange they were definitely informed. But don't blame the exchanges because they are business people and they need profit, If you are to blame, blame yourself for being too greedy when trying to buy dip luna when the price is on the decline and expect it to recover to make a profit. Unfortunately, that didn't happen and resulted in thousands of traders losing money.
What is happening with Luna at this time, we cannot blame the Binance exchange or other exchanges, because on the one hand if the exchange suspends Luna trading, of course it will make investors who trade on these exchanges will experience greater losses, only project developers should we blame for this incident because they are not professional in handling the incident that happened with the project.
If they blame binance then it's a big mistake, because after I reviewed that CZ had played an active role in providing positive information as a solution for the luna team, but I was disappointed in the end because the luna team was slow in responding and didn't deal quickly with bad cases on the project Luna. 
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
What is happening with Luna at this time, we cannot blame the Binance exchange or other exchanges, because on the one hand if the exchange suspends Luna trading, of course it will make investors who trade on these exchanges will experience greater losses, only project developers should we blame for this incident because they are not professional in handling the incident that happened with the project. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
If you lose money as a result of the luna dump, accept your loss and learn from it instead of looking for who to blame. I doubt it was binance who encourage you or any investors to invest on high-risk altcoins projects. Binance gave chance to those who want to sell when the dump started to sell imo, But some people held till the ship completely sunk claiming to be diamond hands and loyal investors, so don't blame it on binance, (not that your opinion matters anyway).
The fact is, nobody expected this to happen and people where not prepared for it, the only thing you can do is learn from this incident.
The fact is, nobody expected this to happen and people where not prepared for it, the only thing you can do is learn from this incident.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I don't think so! for me it's unfair why does it become the fault of Binance and other crypto exchanges, the fault was on the Terra Luna side because they are not competent enough to handle the situation at the very beginning that's why the UST stable coin and Luna have been collapsed, CZ the CEO of Binance suggest about it, where is the BTC reserve and why the Terra Luna team has not used it to buy Luna in the market to stabilize the price, its a good suggestion but they did not apply it. the mistake is on their part that's why they should be blamed and not the crypto exchanges.
CZ is helping the Terra team and providing ideas on how they can recover the Luna and UST and I think maybe Do Kwon is still brainstorming or checking for the best proposal to recover the loss with their team. And, I think Binance will not delist Luna/BUSD and UST/BUSD since they are earning trading fees since a lot of new traders or FOMOed are coming to buy Luna and thinking it will be worth $1 but who knows right.
We just need to be patient and wait until they do their best to recover the Luna and UST.
Binance was not involved in LUNA cash IMO. Rather, they wanted to assist them to recover. Binance even communicated to them but LUNA team was not responding. Binance gave instances of such similar occurrences and how they were able to extend a helping hand. The understanding was that LUNA algorithm failed and when Binance communicated on the way forward, LUNA team did not respond to Binance, and I think that may have caused the delay in stopping immediate trading of LUNA and UST.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Actually this ia a big turn off. Binance delist it ans suddenly list it. Of course the tendency of traders is to buy and sell it and make some profits out of it. Truly dissapointing that they didnt delist it on the first few days of being exploited and niw they resume trading and back to pump and dump again. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Maybe we can partly blame Binance because of their support but if we talk about the exit scam plan, the exchange is out of that which means that the direct receiver of the complaint must be the Luna developer and the team involved with this. It is for sure Bianca isn't aware of this situation until they see a continuous decline that caught their attention until such time the delisting of this coin happens. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Maybe I miss something but never have I heard from Binance telling holders what they do with their coins inside. Maybe it wasn't frozen yet so they can still withdraw it and just hold it.
EDIT: just found it
https://markets.businessinsider.com/news/currencies/crypto-binance-terra-luna-suspends-trading-stablecoins-price-collapse-markets-2022-5
Always do your research and try to avoid FUD. De Kwoon has said they are releasing the bitcoin in the reserves and buying up the Luna though I don't know how true it is. But the damage is done already
You seem to post in detail when replying to certain posts but you remain silent on allegations made against you?
What are your opinions about the allegations made against you? https://bitcointalksearch.org/topic/alt-possibilities-for-4-high-rank-accounts-5394026
What about the PMs you received asking you for your input to clear your name?
If you can post around to hit your targets to receive your signature campaign fee you should be able to post in the thread that has allegations against you.
What are your opinions about the allegations made against you? https://bitcointalksearch.org/topic/alt-possibilities-for-4-high-rank-accounts-5394026
What about the PMs you received asking you for your input to clear your name?
If you can post around to hit your targets to receive your signature campaign fee you should be able to post in the thread that has allegations against you.
why should the exchange be responsible for the failure of the project. from the start they have only been a place to trade and the people who buy should know the risks when buying problematic coins. to blame is the development team itself. those who make this problem so big. no action has been taken since crash.
Basically the exchange is clearly not to blame because the exchange only provides the services and places needed by the coin or token so that traders can see it clearly and can make purchases on it. I think what you're saying is absolutely true because it's the project team who are to blame for putting the product on the market and not taking care of it very well.
there are several different opinions between the founders of TERRA (LUNA) and CZ which makes people confused about whether to hold or sell the LUNA Coin at this time, because it has a big risk, until now LUNA is still a trending topic of conversation in crypto groups and twitter
I think it's really important for crypto users to take a conscious stand. At various times, ''neutral'' positions are requested from exchanges. But when the going gets tough, it's not uncommon to want them to take proactive stances in defending their users. Taking self-responsibility and knowing the risks is the only way to navigate this sector.
Personally, I think the law of evolution of nature applies well to the industry. Evolution and improvement requires death. Only the strongest will survive in this stage of the market.
Personally, I think the law of evolution of nature applies well to the industry. Evolution and improvement requires death. Only the strongest will survive in this stage of the market.
Binance has a reason to not delist this from the exchange site. I think that you need to take a look at the fact again if the thing that makes it even worst is if luna team can halt the blockchain since it was centralized and they were not even doing it. This reminds me with what already said by kwon if he has not even taken any profit from the market but this is a big lie. Binance was trying to collecting the profit from the trading fees as much as they can and so this is happening.
The scalpers are in profit while believers of this project must cry as they will never see their money again and that's gone.
The scalpers are in profit while believers of this project must cry as they will never see their money again and that's gone.
In early days, the Terra team can handle the crisis better but their early solution to mint more LUNA makes the crisis worse for both UST and LUNA.
I don't know how did they think boosting total supply to the moon like that can help LUNA maintains its price and can help UST. Because of their terrible solution, both tokens went to the south.
The idea from CZ Binance is what we know, buy back and burn. Terra team can do this for long term perspective. If their project is alive, they can spend part of their income to pay for buy back and burn. What they need now is a plan, a transparent accounting on what's going on with their reserve, support from capital ventures to have fund for it. In return, there will be win win for all related parts.
If they can not do it, no future for UST and LUNA.
I don't know how did they think boosting total supply to the moon like that can help LUNA maintains its price and can help UST. Because of their terrible solution, both tokens went to the south.
The idea from CZ Binance is what we know, buy back and burn. Terra team can do this for long term perspective. If their project is alive, they can spend part of their income to pay for buy back and burn. What they need now is a plan, a transparent accounting on what's going on with their reserve, support from capital ventures to have fund for it. In return, there will be win win for all related parts.
If they can not do it, no future for UST and LUNA.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I don't think so! for me it's unfair why does it become the fault of Binance and other crypto exchanges, the fault was on the Terra Luna side because they are not competent enough to handle the situation at the very beginning that's why the UST stable coin and Luna have been collapsed, CZ the CEO of Binance suggest about it, where is the BTC reserve and why the Terra Luna team has not used it to buy Luna in the market to stabilize the price, its a good suggestion but they did not apply it. the mistake is on their part that's why they should be blamed and not the crypto exchanges.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
If wise enough, as far as I know, they have been making the price of that currency lower when the large selling force in the past few days has decreased by about 10,000 times. The trading volume with it is very low, and I think they bought back a lot of shitcoins at a low price. I did the resurrecting to get more FOMO people back, and I think I'll continue to sell it to the latter ones. I came across the plan to recreate the Luna project and felt it would be ridiculous he could not heal the wound caused by the project. The unreasonable handling and continuous minting of new coins makes me feel it is even more disgusting than the shitcoins that I witnessed when rugbull. I also think CZ has contributed a lot to this scandal. Either way, the huge KOL influence in the market and the legitimacy of it will make him less critical, but it's still the most blatant hoax I've ever seen. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Actually this ia a big turn off. Binance delist it ans suddenly list it. Of course the tendency of traders is to buy and sell it and make some profits out of it. Truly dissapointing that they didnt delist it on the first few days of being exploited and niw they resume trading and back to pump and dump again. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Dam this Luna thing is all over the forum. I’m so grateful myself that I did not fall for the shitcoins anymore and only trying those coins which are with background, proper devs and mineable. If these requirements are not fulfilled then bye bye to that altcoin!
Why LUNA is so much invested by everyone I gotta ask? I care less to go online and check what it was and why it fell considering it look like just another shitty scam.
Binance may not have been involved into scam. They might have been just paid by the project to promote it and been regular fee providers. After all binance has to run their own business.
Why LUNA is so much invested by everyone I gotta ask? I care less to go online and check what it was and why it fell considering it look like just another shitty scam.
Binance may not have been involved into scam. They might have been just paid by the project to promote it and been regular fee providers. After all binance has to run their own business.
...Why does people blame others for what happened and lastly I don't think Luna is scam and I think you should look for answers online and read what really happened on why does Luna dropped to 99%.
Luna management is directly responsible for what is happening, because they could stop the blockchain in time to prevent excessive coin issuance in the amount of more than $6 trillion. Perhaps for this reason, on May 11, the SEC launched an investigation and sued Terraform Labs.
I don't think they delist it in the Binance and I don't think Binance has something to do with the coin as they are not related to it and it was just listed in their exchange? Why does people blame others for what happened and lastly I don't think Luna is scam and I think you should look for answers online and read what really happened on why does Luna dropped to 99%.
They have not forced you into investing into these stablecoins and you must have gone through proper check before but many have lost in this LUNA crash which will act as warning that so called risk diluting dollar pegged coins are also subject to such dumps that can take them to zero value.So you must not get into them fast but do proper research before investment.
why should the exchange be responsible for the failure of the project. from the start they have only been a place to trade and the people who buy should know the risks when buying problematic coins. to blame is the development team itself. those who make this problem so big. no action has been taken since crash.
Basically the exchange is clearly not to blame because the exchange only provides the services and places needed by the coin or token so that traders can see it clearly and can make purchases on it. I think what you're saying is absolutely true because it's the project team who are to blame for putting the product on the market and not taking care of it very well.
In crypto world is not easy to trust exchanges, so you have to follow some rules and check their user reviews. for this moment there are just a few people that are at the top making a lot of money, while the majority is losing. If look condition today Luna didn't even announce they are going to delist a coin.
If you got burned by Luna, you're not alone. After talking to a lot of people who have lost money but are still active in the cryptocurrency space, it seems like this was bound to happen to someone and that no one is completely blameless. Perhaps the best thing to do is simply apply the lessons learned from this situation and move on.
If you got burned by Luna, you're not alone. After talking to a lot of people who have lost money but are still active in the cryptocurrency space, it seems like this was bound to happen to someone and that no one is completely blameless. Perhaps the best thing to do is simply apply the lessons learned from this situation and move on.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
why should the exchange be responsible for the failure of the project. from the start they have only been a place to trade and the people who buy should know the risks when buying problematic coins. to blame is the development team itself. those who make this problem so big. no action has been taken since crash. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Then perhaps you could've sold your Luna before it went zero. That's where it was going so the reaction about this matters should be faster than any exchange. That's how investment should be, you take care of it, monitor it so that you won't be rekt whenever this kind of play comes around.
Why the exchange is the one to be blamed? I wish you have thought about what you will share before you press than post button.
Whenever a market drop it will be like a landslide, every investor will try to save their ass and sell it at a good price even though its lower than ROI.
That's the normal thing to happen and if ever an exchange closes the selling point then it must be because they have nothing left to offer.
That is called business.
Why the exchange is the one to be blamed? I wish you have thought about what you will share before you press than post button.
Whenever a market drop it will be like a landslide, every investor will try to save their ass and sell it at a good price even though its lower than ROI.
That's the normal thing to happen and if ever an exchange closes the selling point then it must be because they have nothing left to offer.
That is called business.
They involved.
You see how Binance did not detect the huge new tokens deposit on their exchange. No matter those tokens from LUNA team or hackers. In addition, if it is true that those token deposit were not detected by Binance, it means there is something wrong with their security and money-laundering protection. It damages their reputation.
Today Binance plays their part to pump LUNA 500 times but after that, CZ tweeted and price fell almost half. Do you see how they play the game?
You see how Binance did not detect the huge new tokens deposit on their exchange. No matter those tokens from LUNA team or hackers. In addition, if it is true that those token deposit were not detected by Binance, it means there is something wrong with their security and money-laundering protection. It damages their reputation.
Today Binance plays their part to pump LUNA 500 times but after that, CZ tweeted and price fell almost half. Do you see how they play the game?
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
If my assumptions are correct, you were a vitcim of the latest Luna fall and you are here just to blame exchangers. Do you know how many shitcoins are listed out there? Thousands! Do you know why exchangers listed them even they know they are scams? Because the exchanger is a centralized company looking to generate the maximum of revenue whatever the concept. Exchangers are not responsible for you choosing to put your money in a scammy project, it's not their role at first place unless the token is developed by the exchanger itself.
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Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I don't think so dude, Binance try their best to save luna and Luna's investors but luna couldn't hold or some big mistake of their system they could not stand such a big attack. But today we see the market is already pumped more than 1200%. Even their is a doubt about its future because the supply of this token. Let's see what's gonna be happen.
Binance is responsible they saw LUNA team minting more supply and dumping on binance
everyone saw the LUNA supply increasing with billions each minute in coinmaketcap BINANCE
didn't even stop the LUNA deposit till it went to zero and now they open trade again so that
LUNA team can scam and dump more BINANCE become a SHIT EXCHANGE like Yobit
They just care about collecting the fees from LUNA SHIT and don't care about their investors
everyone saw the LUNA supply increasing with billions each minute in coinmaketcap BINANCE
didn't even stop the LUNA deposit till it went to zero and now they open trade again so that
LUNA team can scam and dump more BINANCE become a SHIT EXCHANGE like Yobit
They just care about collecting the fees from LUNA SHIT and don't care about their investors
How? Any proofs? If none, then it's just a conspiracy theory.
I don't think they are part of it but they may have helped with the dump and that might be the closest theory we could get. Many exchanges do hold a lot of different altcoins, especially the ones that are blooming.
Some exchanges accepted those coins as payment for listing and some came from exchange fees. They may have sold that but that is their right and so does the whales who sold it out for good.
I don't think they are part of it but they may have helped with the dump and that might be the closest theory we could get. Many exchanges do hold a lot of different altcoins, especially the ones that are blooming.
Some exchanges accepted those coins as payment for listing and some came from exchange fees. They may have sold that but that is their right and so does the whales who sold it out for good.
Binance to this day never failed me however I stopped trusting exchanges long time ago when MT GOX was hacked and after that BTC-e seized by govs, use caution dealing with exchanges.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I never blame the exchange for all my trading I admit I bought Luna when it was crashing it's on me, not on the exchange it's the greed and the decision of the traders, I read that Binance team is trying to help them but unfortunately they are not open to suggestions and they want to proceed based on their decision, there is no collaboration, its Luna team alone should take the blame
Who is responsible for the demise of luna and ust is Dokwon and not binance and any exchange. Exchanges only provide us with an environment to trade, no guarantee of profit or risk if we make a mistake.
Investors themselves also have to bear a part of the responsibility when holding luna. I have seen a lot of investors who bought a large amount of luna when its price dropped 100% because they thought it could rise again but things didn't go as they thought and they should be satisfied with their decisions.
I absolutely agree with this view. I don't remember the exact number but if Luna went below that amount, she had to be delisted by binance. But Binance wants to add profit to the amount of profit it earns by constantly announcing futures. So far, I have not seen a crypto currency that can live in such a serious decline in any crypto currency. But Luna still continues. In my opinion, this is the biggest example of fraud. In fact, thanks to the fomo he has caught, it causes many people to lose serious money every day. I'm in favor of not depositing more than $10. Although his team started various activities to save the project, after this time, who can trust this team anymore is discussed.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
What do you expect if all exchanges delist Luna? Do you want all Luna holders to have no chance to sell them again?They didn't delist till it drop to ZERO even that they know LUNA devs was creating
Anyway, those exchanges have no responsibility for the drop in crypto coin prices. They only facilitate people to trade the coins on their platforms. If there is a big drop in Luna price, you should ask Luna founder or the team. They are the ones who have the authority to explain it. But they also have no responsibility for your losses because they never asked you to buy Luna. You bought it with your own intention, didn't you?
Exchanges are a means of trading of coins, they don't dictate the fate of the coin. Binance, maybe, is too late to delist this coin but who knows, they also have no idea that this is forthcoming to Luna. I don't think the dev team will disclose to let's say for example, in binance, that they are about to exit, right? So I don't think they are involve in this. Remember, it is always your own will to invest on a coin. The exchange is just a means of it, they are not pointing a gun at you to buy a specific coin.
There's evidence that Binance has recommended stopping the network and some other things but after hours of noncompliance they decide to delist Luna it's not Binance fault they have given Luna's team to act but it took them hours to act until the supply grow further, blame Luna but never Binance, they have done what should be done.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
What do you expect if all exchanges delist Luna? Do you want all Luna holders to have no chance to sell them again?They didn't delist till it drop to ZERO even that they know LUNA devs was creating
Anyway, those exchanges have no responsibility for the drop in crypto coin prices. They only facilitate people to trade the coins on their platforms. If there is a big drop in Luna price, you should ask Luna founder or the team. They are the ones who have the authority to explain it. But they also have no responsibility for your losses because they never asked you to buy Luna. You bought it with your own intention, didn't you?
Exchanges are a means of trading of coins, they don't dictate the fate of the coin. Binance, maybe, is too late to delist this coin but who knows, they also have no idea that this is forthcoming to Luna. I don't think the dev team will disclose to let's say for example, in binance, that they are about to exit, right? So I don't think they are involve in this. Remember, it is always your own will to invest on a coin. The exchange is just a means of it, they are not pointing a gun at you to buy a specific coin.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
What do you expect if all exchanges delist Luna? Do you want all Luna holders to have no chance to sell them again?They didn't delist till it drop to ZERO even that they know LUNA devs was creating
Anyway, those exchanges have no responsibility for the drop in crypto coin prices. They only facilitate people to trade the coins on their platforms. If there is a big drop in Luna price, you should ask Luna founder or the team. They are the ones who have the authority to explain it. But they also have no responsibility for your losses because they never asked you to buy Luna. You bought it with your own intention, didn't you?
Never seen such an ignorant trader like OP before.
Let say Binance delisted LUNA immediately, How were you going to trade it off for USDT or even transfer it out of the exchange?
Exchange literary warn us every day through terms of service and announcements about the risks involved in trading. I guess you don't even know this
Here is an example - https://www.binance.com/en/support/announcement/961f8f97cfa647afb572db4d2c4bce0c
Open your eyes next time. The exchange is not going to make for decisions on what to trade and what not to trade.
Let say Binance delisted LUNA immediately, How were you going to trade it off for USDT or even transfer it out of the exchange?
Exchange literary warn us every day through terms of service and announcements about the risks involved in trading. I guess you don't even know this
Here is an example - https://www.binance.com/en/support/announcement/961f8f97cfa647afb572db4d2c4bce0c
Quote
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Open your eyes next time. The exchange is not going to make for decisions on what to trade and what not to trade.
hello, binance doesn't want all of this to happen buddy, look at twitter binance has removed LUNA and UST from their trading list, are you still healthy in blaming binance it's never too late to delete the list I think
all risks are on the individual
It would be inappropriate to blame the exchange for the decline of a coin, because the exchange was not involved and unrelated to the developments taking place in the project, so blaming binance is the wrong decision as Luna is still actively traded on other exchanges. all risks are on the individual
In my opinion Binance and other exchanges are not responsible in trading LUNA on their platform, the exchange is the place where the token buying and selling process takes place, the LUNA development team should be able to provide clarification on the problems that are being experienced, so that these token users are not disappointed with what is happening happened this time, I think the OP was disappointed by losing their money on LUNA, so they took it to binance.
hello, binance doesn't want all of this to happen buddy, look at twitter binance has removed LUNA and UST from their trading list, are you still healthy in blaming binance it's never too late to delete the list I think
all risks are on the individual
all risks are on the individual
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Traders are very disappointed that binance didn't immediately delist for Luna when a more than 100% plunge occurred (I know binance doesn't record a drop if it's more than 100%), as the biggest exchanges they should have been firm from the start to warn of an "alert" status for Luna trading , but all that has happened has harmed many investors/traders and hopefully it will be an experience for the future.They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
That's why now many Luna investors are losing their money.
Especially for those who bought without even feeling the slightest profit now they have to lose their money.
In fact, if Binance had given an early warning, maybe until now not too many of them have lost their money.
To carry out an early warning requires a lot of consideration and research in advance regarding the coin and the project, and it will also take a long time. While Binance is an exchange that has a large list of coins, not just LUNA, it's highly unlikely that Binance will focus on LUNA alone. Not only Binance, I think other exchanges are like this too. Besides that, the price crash and the problems that occurred in LUNA/terra also coincided with the fall in the price of BTC and altcoins where many fell by more than 50 percent.
It should be the investors themselves who must understand and be aware before investing, or if they have invested, at least they know and update the news about LUNA, so that if something bad happens, the investor is able to take precautions regarding their investment.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
What do you think Binance is supposed to do ?
If Binance stops the trading and delist the coin immediately then how would the other users be able to sell their coins ?
If Binance would have delisted the coin right away then it would have caused a huge disaster.
The users would be furious towards Binance for not allowing them to sell while the coin was dumping.
It seems OP is not properly educated on how to invest properly and what is the role of the exchange and getting updates on scenarios like this, you should follow the Twitter handle of Binance to get the complete picture, if Binance has not done anything then we can conclude that they are helping Luna to get away with what they are doing, but I have seen Binance chief series of tweets and they do delist Luna after they failed to get a response from the team.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Exchanges are not responsible for price drops, only traders are making the trade orders and deciding the price and exchanges will delist coins on two occasions the first one is when the government force them to do and the second is when the coin didn't have enough trading volume for a while. So don't blame the exchanges because they never know what the project team is doing with the supply in no time. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I never blame the exchange for all my trading I admit I bought Luna when it was crashing it's on me, not on the exchange it's the greed and the decision of the traders, I read that Binance team is trying to help them but unfortunately they are not open to suggestions and they want to proceed based on their decision, there is no collaboration, its Luna team alone should take the blame
The worry is about how Binance handled the situation and that makes me begin to think Binance is hiding something. It may not be scam in the sense of it but there is something wrong with that just happened. Why block withdrawal if you feel that something is worthless or a scam. Binance should at least allow traders withdraw their tokens. Luna is not listed on Binance alone, it has many other listings and traders should be able to do with their Luna what they want with it instead of the tokens remaining in Binance.
Actually Binance and other exchanges do not have any responsibility for LUNA trading. They delisted for LUNA because this token has no value now. Why keep trading open for tokens that clearly have no value? but if LUNA comes back with something new and a real solution to this problem, it's possible that Binance and other exchanges will list this token again.
There is not an issue made by exchanges since they decide to list a particular token or to delist at a certain point.
Removing it would still have eliminated the possibility of selling / buying the token therefore technically killing any hope of revaluation. Unfortunately this is not the first stable coin that collapses and should make everyone think about the nature of these coins ...
Removing it would still have eliminated the possibility of selling / buying the token therefore technically killing any hope of revaluation. Unfortunately this is not the first stable coin that collapses and should make everyone think about the nature of these coins ...
In that case they are not directly involve in this manipulation. But is just not delisting it. I think LUNA still is listed on FTX as said in the article of cointelegraph. Not delisting Luna while in the heat of that massive dumping I think helped the holders save their money from getting into the point of zero. I'm positive they are grateful for not delisting Luna and even the UST.
I don't know about this and i don't believe this.This is the first time I've heard.I think you made a mistake which is why you are blaming the Bnb.Do you have any such evidence?.You can say details.Everyone makes such mistakes.But you can't specifically blame anyone.Binance and other exchange has no responsibility for what happened to Luna and it's totally different type.
I think traders should be wise about the Luna coin decline, because the Binance exchange only has the right to provide trades but not guarantee profits from the traded coins, so it would be very bad if someone implicates the Binance exchange from the tragedy of the crash on the Luna coin price. Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Traders are very disappointed that binance didn't immediately delist for Luna when a more than 100% plunge occurred (I know binance doesn't record a drop if it's more than 100%), as the biggest exchanges they should have been firm from the start to warn of an "alert" status for Luna trading , but all that has happened has harmed many investors/traders and hopefully it will be an experience for the future.They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
That's why now many Luna investors are losing their money.
Especially for those who bought without even feeling the slightest profit now they have to lose their money.
In fact, if Binance had given an early warning, maybe until now not too many of them have lost their money.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
Traders are very disappointed that binance didn't immediately delist for Luna when a more than 100% plunge occurred (I know binance doesn't record a drop if it's more than 100%), as the biggest exchanges they should have been firm from the start to warn of an "alert" status for Luna trading , but all that has happened has harmed many investors/traders and hopefully it will be an experience for the future. They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
People should be aware of what's happening in their portfolio if these Luna holders are fully aware they will cancel their order or do not buy the dip hoping for a resurgence because it is listed on Binance, never trust where it is listed but on issues confronting coins that you're holding, you don't do action them blame others for the action you take.
When buying you should be on your own and for your reference check this tweet from Binance
https://twitter.com/cz_binance/status/1525060775391510529
When buying you should be on your own and for your reference check this tweet from Binance
https://twitter.com/cz_binance/status/1525060775391510529
Exactly. I don’t believe that the crash happened was because it is a scam act, but more like a consequence of how the people acted when it is seen to be going down, that’s why it has hit rock bottom now. The exchanges are not accountable for something that is caused due to the movement of the market like this one.
Bro, do you do your research before buying anything? Your previous post history asks for opinions on the ANC/BTC pair.
If my assumptions are correct, you have dipped yourself in the risk of buying tokens on the verge of collapse and hoping it will recover.
And now you blame the exchanges that listed it? I hope your psyche is still fine.
People should be aware of what's happening in their portfolio if these Luna holders are fully aware they will cancel their order or do not buy the dip hoping for a resurgence because it is listed on Binance, never trust where it is listed but on issues confronting coins that you're holding, you don't do action them blame others for the action you take.Hi guys do you think ANC good to invest at 3500 sat you think it can reach 15k sat again ? a
https://www.binance.com/en/trade/ANC_BTC
https://www.binance.com/en/trade/ANC_BTC
If my assumptions are correct, you have dipped yourself in the risk of buying tokens on the verge of collapse and hoping it will recover.
And now you blame the exchanges that listed it?
I hope your psyche is still fine.When buying you should be on your own and for your reference check this tweet from Binance
https://twitter.com/cz_binance/status/1525060775391510529
Quote
5. I am very disappointed with how this UST/LUNA incident was handled (or not handled) by the Terra team. We requested their team to restore the network, burn the extra minted LUNA, and recover the UST peg. So far, we have not gotten any positive response, or much response at all
Quote
6. (This is in sharp contrast to Axie Infinity, where the team took accountability, had a plan, and were communicating with us proactively. And we helped.)
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
I don't know about this and i don't believe this.This is the first time I've heard.I think you made a mistake which is why you are blaming the Bnb.Do you have any such evidence?.You can say details.Everyone makes such mistakes.But you can't specifically blame anyone.Binance and other exchange has no responsibility for what happened to Luna and it's totally different type.
All these problem are caused by CEX, decentralized trading protocols will take over when traders realize the damage CEXes are causing. Binance announced luna delisting twice. They also announced a luna delisting yesterday, but then they changed their mind, before delisting it, what they should had done earlier before it went to zero
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
No. Binance and other exchange has no responsibility for what happened to Luna. The Luna devs itself should freeze there blockchain during the initial stage of the attack so that the price will not dumpmto it’s current state. The attacker are freely dumping there UST while its peg to Luna. Meaning Luna tokens smart contract do unli print during the sell off on UST. All the blame should be point out to the incompetent Terra devs. There emergency plan make things works since it inflated the supply into trillion.
Bro, do you do your research before buying anything? Your previous post history asks for opinions on the ANC/BTC pair.
If my assumptions are correct, you have dipped yourself in the risk of buying tokens on the verge of collapse and hoping it will recover.
And now you blame the exchanges that listed it? I hope your psyche is still fine.
Hi guys do you think ANC good to invest at 3500 sat you think it can reach 15k sat again ? a
https://www.binance.com/en/trade/ANC_BTC
https://www.binance.com/en/trade/ANC_BTC
If my assumptions are correct, you have dipped yourself in the risk of buying tokens on the verge of collapse and hoping it will recover.
And now you blame the exchanges that listed it?
I hope your psyche is still fine.
Binance and many other exchanges are SCAMEERS they are INVOLVED with LUNA SCAM
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
They didn't delist till it drop to ZERO even that they know LUNA devs was creating
more supply and dumping in their Platforms those platforms just trying to collect more
FEES and don't care about the investors
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