Topic: Binance Suspend Terra LUNA Coins! (Read 420 times)

Quote from: batang_bitcoin on May 14, 2022, 03:48:08 PM

they will want to sell and get rid of it if they can,

I see many holders don't trust Luna anymore so most of them can't do anything..
want to throw it away can't with its worthless value and plus some exchanges have been suspended and I'm disappointed in myself for buying it

They're already at loss so why sell it at total loss if it has a lesser value now. They just have to hold it and wait if there's some good turn around that will happen if ever it recovers.

holding back is the only solution for those who get luna at a high price even though in reality the price is difficult to return unless the market occurs ATH in the future
now some markets have reopened luna trading with BUSD I hope this is a good start

new speculation has been made now , traders start speculatiing some money in order to gain huge profit while luna price recovery after they now DO kwon propose solution for this problem. maybe if sell our luna yesterday, we have no chance to see it recovery. maybe price would not go like the past but maybe if we buy it now it have chance to goes up.

kryptocanon

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The same Binance that suspend LUNA trading on its expoteneous platform has had it resumed after the founder publicly announced it on Twitter earlier today, within the space of under 30 hours. I think there's something huge about this LUNA to come but it's advisable just lay low, watch it for a while before investing on it again as the risk is extremely high now.

ninis45

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Trading is back and Binance seems to be enjoying all of the commissions that they get from the people that have been happy on this pump and dump of Luna. Well, even it pumps that hard, it's not going back to the price that it used to be.

Quote from: ninis45 on May 13, 2022, 05:08:27 PM

Quote from: batang_bitcoin on May 14, 2022, 03:48:08 PM

they will want to sell and get rid of it if they can,

I see many holders don't trust Luna anymore so most of them can't do anything..
want to throw it away can't with its worthless value and plus some exchanges have been suspended and I'm disappointed in myself for buying it

They're already at loss so why sell it at total loss if it has a lesser value now. They just have to hold it and wait if there's some good turn around that will happen if ever it recovers.

holding back is the only solution for those who get luna at a high price even though in reality the price is difficult to return unless the market occurs ATH in the future
now some markets have reopened luna trading with BUSD I hope this is a good start

Yamifoud

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They're already at loss so why sell it at total loss if it has a lesser value now. They just have to hold it and wait if there's some good turn around that will happen if ever it recovers.

That is certainly the best option for them to take now. Selling will just fuel it out to drop more, they instead hold it maybe the price will turn back high and trading become active as well. It is just a matter of how Terra Luna developers are giving up on their project now which is somewhat unfortunate and many holders and investors suffered great losses.

https://www.barrons.com/articles/binance-terra-luna-stablecoin-51652445887
It's been a great decision made by Binance, it is a need for the Terra Luna team to solve their issue first, or else they will gonna lose their place in Binance.

batang_bitcoin

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Trading is back and Binance seems to be enjoying all of the commissions that they get from the people that have been happy on this pump and dump of Luna. Well, even it pumps that hard, it's not going back to the price that it used to be.

Quote from: ninis45 on May 13, 2022, 05:08:27 PM

Quote from: aioc on May 12, 2022, 06:30:23 AM

they will want to sell and get rid of it if they can,

I see many holders don't trust Luna anymore so most of them can't do anything..
want to throw it away can't with its worthless value and plus some exchanges have been suspended and I'm disappointed in myself for buying it

They're already at loss so why sell it at total loss if it has a lesser value now. They just have to hold it and wait if there's some good turn around that will happen if ever it recovers.

SirLancelot

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I've checked their telegram group and there are a lot of discussions some still positive some giving up others still thinking to hold in the hope of resurgence, so many people lose their life savings it wipes their fortune overnight it's a discussion between temporary and permanent the next 48 hours is crucial right now the foundation is looking to save Luna so we'll see the market evaluation in the next few days.

I would say that you could literally give up right now because they are losing the battle. They are at around 99%+ lost right now and that should tell you what you need to know about the project. They printed something like 600 million luna to keep this fight right? That means the price would of course fall, there is no denying that and you shouldn't be shocked about it, if you print that much then there will be inflation.

This is why I emphasize putting your money into decentralized projects, if the team decided to print 600 million more and created inflation, then I could have very well kept my money in dollars, they do the same thing and much better as well.

jostorres

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Quote from: sahur2022 on May 12, 2022, 05:00:49 AM

statistics Price Terra LUNA Coins

All-Time High = $119.18 ----- All-Time Low = $0.056025

Bad news that Binance started suspending this coins. as soon as possible for you to withdraw LUNA coins stored on the Binance Exchange!

https://ibb.co/C1BsRKC
https://twitter.com/binance
https://coinmarketcap.com/currencies/terra-luna/
https://www.coingecko.com/en/coins/terra-luna

Dang, that's a big dumping happens there. Now I know why many people are crying and dying right now, making this luna coin one of the hottest topic in the crypto sphere lately. For sure binance gave their customers an early warning before they finally suspend any transactions ongoing for this coin. People still have the chance to sell if they wanted to.

I know it is disappointing but I think others will do it. It's better to get something than nothing at all or before this coin completely turned into a scam. Was this the first time binance done a move like this? (suspending suspicious coins) because many scam coins before that they lists and I don't heard that they take any action with it.

pawanjain

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Nothing lasts forever

Quote from: DanWalker on May 13, 2022, 04:50:07 PM

Yes, it's already done. Binance has delisted all the pairs of Luna and UST from the exchange.
So LUNA is officially non-tradable on binance. Crypto community is witnessing something never happened before.
The collapse of a whole ecosystem in a matter of few days.

Maybe you should check the latest tweet from Binance, they have restored trading for the luna coin and that means they have resumed listing to be added back in the spot trade, but I'm really looking forward to the latest news from Terra as they plan to burn 70% of the total supply.

As far as I know, restored trading for the luna coin is due to investors' desire to convert Luna to other assets so Binance decided to restore it.
Before that, terra announced that they give up luna to save ust and they increased luna supply to 700 billion luna making the price of this coin almost zero and now they claim to use the rest of LFG's funds to buy back Luna and burn them. Now be sober don't believe anything from scammers.

You are right. Even though Binance has started the trading pair for LUNA again it doesn't mean we should go and buy it.
Nobody in their right mindset will think to "invest" in LUNA again. The only people buying LUNA will be traders to gain short term profits.
LUNA is pretty much collapsed and any attempt to revive the coin will just be in vain because people have lost faith in it.

ninis45

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Quote from: tabas on May 13, 2022, 04:29:08 AM

they will want to sell and get rid of it if they can,

I see many holders don't trust Luna anymore so most of them can't do anything..
want to throw it away can't with its worthless value and plus some exchanges have been suspended and I'm disappointed in myself for buying it

justdimin

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Binance has completely suspended all the trading pairs for Luna. A few hours ago, they've remained Luna/BUSD but eventually, they've announced that it's also closed.
They're going to put it back once the network is working again. I see a lot of people are quick in buying of thousands to millions of Luna and hopefully, they didn't bought it just to lose.

At this point they may never list it back again. I mean all they care about is the volume, and not having any problems at all. This means that they could end up with listing it again when all is settled and there are no more problems and they can make some profit from the volume.

However, reality is that many people will not be able to trade it too much, they will want to sell and get rid of it if they can, but they will not be able to buy too much, they won't care for it. The printing of new Luna reached to an insane level and I doubt it will ever worth anything ever again, it's impossible to go from few hundred million to few hundred billion coins and stay the same.

DanWalker

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Yes, it's already done. Binance has delisted all the pairs of Luna and UST from the exchange.
So LUNA is officially non-tradable on binance. Crypto community is witnessing something never happened before.
The collapse of a whole ecosystem in a matter of few days.

Maybe you should check the latest tweet from Binance, they have restored trading for the luna coin and that means they have resumed listing to be added back in the spot trade, but I'm really looking forward to the latest news from Terra as they plan to burn 70% of the total supply.

As far as I know, restored trading for the luna coin is due to investors' desire to convert Luna to other assets so Binance decided to restore it.
Before that, terra announced that they give up luna to save ust and they increased luna supply to 700 billion luna making the price of this coin almost zero and now they claim to use the rest of LFG's funds to buy back Luna and burn them. Now be sober don't believe anything from scammers.

lalabotax

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Yes, it's already done. Binance has delisted all the pairs of Luna and UST from the exchange.
So LUNA is officially non-tradable on binance. Crypto community is witnessing something never happened before.
The collapse of a whole ecosystem in a matter of few days.

Maybe you should check the latest tweet from Binance, they have restored trading for the luna coin and that means they have resumed listing to be added back in the spot trade, but I'm really looking forward to the latest news from Terra as they plan to burn 70% of the total supply.

I am quite surprised when Binance once again announced Luna's trading resumed in the Spot market. after a few hours ago Binance announced about delisting pairs of Luna. Well, maybe within more considerations, finally Binance list trading pair for Luna again in their Spot market. They also open deposits and also withdrawals at the same time, 2022-05-13 at 14:00.
But, for the future market, it seems that Binance still delist Luna pairs.
https://www.binance.com/en/support/announcement/f0c1cc8fb6454d1aa253bd6aec52580c

BlackBaron

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#SWGT PRE-SALE IS LIVE

Maybe you should check the latest tweet from Binance, they have restored trading for the luna coin and that means they have resumed listing to be added back in the spot trade, but I'm really looking forward to the latest news from Terra as they plan to burn 70% of the total supply.

Will binance attempt to resume listing in Luna trading be a new step to restore the luna price, but it is too risky to follow because the pumped price movement pattern will be easily discarded after the whales take profits, but I will try to place an order at the lowest price with the allocation of funds minimum for unexpected profits in the next few years.

cdog

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