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Topic: Binance Suspend Terra LUNA Coins! - page 2. (Read 420 times)

sr. member
Activity: 1960
Merit: 329
May 13, 2022, 07:12:55 AM
#50

I think Binance is harsh by its decision of suspending Luna trades and at the same time disabling withdrawals for it. That is not good. I do not know why Binance rushed to do that. Even if they want to suspend the token maybe because of  low trade volume, that is no problem. It is their business to protect but they should allow traders have the ability to withdraw their Luna to private wallets or to any other exchange exchange they want. And not disable withdrawal.
sr. member
Activity: 882
Merit: 251
May 13, 2022, 06:52:21 AM
#49
what happened to LUNA is no longer the all-time low, but they are subtly headed for destruction. I think they have no way back, the team has no idea to restore the price, all the bitcoins used as collateral for UST were liquidated by them. The only thing we can do is leave these coins, we will only spend assets on these dead coins.
That there is no hope for Luna to return at a certain price because any attempt will not succeed in resurrecting the Luna project. That is true about your opinion, it is better to leave these coins because monitoring the coins will likely make someone to scalping because there is a certain recovery factor in the movement pattern.
sr. member
Activity: 1701
Merit: 308
May 13, 2022, 06:44:17 AM
#48
This project is indeed not what we have predicted, and I believe no one else believes in this project, a decline that is very painful for investors and I believe the biggest loss that has ever been experienced by some investors and no one expected this project to be suspended by binance and other exchanges also did the same because of its very low value at this time, May LUNA be a lesson for all of us in investing.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
May 13, 2022, 06:21:50 AM
#47
what happened to LUNA is no longer the all-time low, but they are subtly headed for destruction. I think they have no way back, the team has no idea to restore the price, all the bitcoins used as collateral for UST were liquidated by them. The only thing we can do is leave these coins, we will only spend assets on these dead coins.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
May 13, 2022, 06:05:00 AM
#46
I believe maybe bianance will delist LUNA because there is no hope anymore, many have been victimized by LUNA then maybe we should be more careful in choosing coins for investment
This is an immediate action by Binance, I just wonder how about those who purchased the tokens to their exchange. Their withdrawal and deposits arent activated, is that considered a loss money? Cause for sure there is somewhere trading on other centralized market or dex trading luna.
newbie
Activity: 35
Merit: 0
May 13, 2022, 05:48:24 AM
#45
Binance SCAMEERS arre 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 Platform at least if they did suspend the Deposit
full member
Activity: 1064
Merit: 101
HELENA
May 13, 2022, 05:22:20 AM
#44
Binance should have done this sooner, maybe while the price is still around 3-5$. if it was done yesterday there might be a lot of people who
can survive this destruction. but the steps they took were very slow the price had fallen out of control to a terrifying extent. and everyone but futures traders suffer losses.
sr. member
Activity: 1246
Merit: 252
May 13, 2022, 05:17:04 AM
#43
The effect of the delisting announcement from the Binance Exchange will have a major impact on Luna coins as binance has abandoned Luna trading due to the massive crash factor in the no-return price. I think Binance was late in announcing the delisting due to high losses from new investors who had bought at prices below $0.01.
I already suspected that binance would delist Luna coins as the price had dropped drastically, but I share the same view as you if Binance is still considering delisting at a price that is too low and Binance should implement new rules for delisting so as not to cause losses to new traders buying low prices .
sr. member
Activity: 643
Merit: 263
#SWGT PRE-SALE IS LIVE
May 13, 2022, 04:54:48 AM
#42
Yeah, and we all know how big Binance is, so it will have a drastic effect on other crypto exchanges and could follow their lead on the suspension of LUNA.

It went to almost 0 and that is the main reason why they halted the trading, otherwise there will be thousands of investors that are going to lose money here because of what happen to LUNA and their stable coins.
The effect of the delisting announcement from the Binance Exchange will have a major impact on Luna coins as binance has abandoned Luna trading due to the massive crash factor in the no-return price. I think Binance was late in announcing the delisting due to high losses from new investors who had bought at prices below $0.01.
member
Activity: 198
Merit: 10
COMBO Network ex COCOS-BCX
May 13, 2022, 04:35:32 AM
#41
It's a shame that major exchange Binance has made such a quick decision to remove the LUNA coin from their platform. If in the next few days there is no change in the selling value, of course it could have an impact on other platforms/exchange as well. I don't know what Developer next plan is to tackle this problem. whatever it is, me wish LUNA the best, on the one hand I have also lost money because of this coin  Undecided

Maybe, binance wants to get out of this mess before it becomes worst.
We don't know if there is still future for this algo-based stablecoin
It depends on the team behind this project if they want to rise up or let it continue to decline.
This is one of the many reasons why people are getting disappointed with crypto.
Getting rekt without a warning, thinking that they bought a valuable coin, but it is not.
At first I thought this project would also be valuable in the future that's why I invested a small part of my savings in LUNA coins. There's no doubt that investors out there have lost a lot of money compared to a fraction me mine.
and now most of the exchanges started to suspend LUNA coins.
I have just trying to withdraw the small of LUNA left on the FTX exchange which i frequently use as daly trading. no loopholes to withdraw/convert into fiat/coins available for LUNA pairs.
very bad! there is no doubt that sooner/slower this project will die.
hero member
Activity: 2632
Merit: 833
May 13, 2022, 04:31:13 AM
#40
I see that they started to suspend it as I cannot see the LUNA in Binance futures that's why I change my exchange site to Gate.io since until now they are offering LUNA in their futures trading, the coin really wreck a lot of lives it is around -99% it is like a rug pulled project.
As long as there is an exchange to trade it on, it would be better to sell it immediately even if it is a loss because if Binance as a large exchange has suspended LUNA, then other exchanges will also follow suit considering that so many people have been harmed by the current decline in LUNA.

Yeah, and we all know how big Binance is, so it will have a drastic effect on other crypto exchanges and could follow their lead on the suspension of LUNA.

It went to almost 0 and that is the main reason why they halted the trading, otherwise there will be thousands of investors that are going to lose money here because of what happen to LUNA and their stable coins.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 13, 2022, 04:29:08 AM
#39
It's just on the futures but there's no hope on this coin IMO. People would play out this coin despite the trend going down and binance is wise enough to suspend and delist it on their futures trading.
I've seen people making $400k with just a single trade with a high leverage on it since it's a downtrend. They've tried to stop it too late and those who have made a lot on it will no longer trade on this coin.
Because it become too volatile and many are able to still make money, Binance made this decision for their own benefit since they can’t afford to pay for more leverage. If you still have LUNA on any wallet, better to analyze it again because for me it will be hard for LUNA to rise again, or no chance at all but still it’s your decision to make. LUNA has been gone crazy, manipulators are very aggressive, hope that you can still get your money and put it on a safer place or coin.
Well, right now, 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.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 04:25:46 AM
#38
I see that they started to suspend it as I cannot see the LUNA in Binance futures that's why I change my exchange site to Gate.io since until now they are offering LUNA in their futures trading, the coin really wreck a lot of lives it is around -99% it is like a rug pulled project.
As long as there is an exchange to trade it on, it would be better to sell it immediately even if it is a loss because if Binance as a large exchange has suspended LUNA, then other exchanges will also follow suit considering that so many people have been harmed by the current decline in LUNA.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 13, 2022, 03:54:04 AM
#37
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
It is best that we denied buying this coin last year , Me and a friend plans to invest in LUNA because of the potential , but we did not come to agreement if how long we will hold and how much we need to wait.
so in that we deny to buy because of miscommunications  .

I see that they started to suspend it as I cannot see the LUNA in Binance futures that's why I change my exchange site to Gate.io since until now they are offering LUNA in their futures trading, the coin really wreck a lot of lives it is around -99% it is like a rug pulled project.
is this one of the reason for what is happening int he market now?
legendary
Activity: 1862
Merit: 1046
May 13, 2022, 03:36:04 AM
#36
I see that they started to suspend it as I cannot see the LUNA in Binance futures that's why I change my exchange site to Gate.io since until now they are offering LUNA in their futures trading, the coin really wreck a lot of lives it is around -99% it is like a rug pulled project.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
May 13, 2022, 03:35:04 AM
#35
Trading resumes, fire sale /s
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
May 13, 2022, 03:27:26 AM
#34
Now that watching the play going on in this space puts me in a really difficult mood to say, perhaps the story of Luna in this space will become one of the stains in the history of market development. electronic money market. Perhaps now people will have to really accept losses with losses and be optimistic about future opportunities and be well prepared both intellectually and financially to be ready to have a good faith relationshiphappy, not sad.
I don't think about the current conditions at all, especially what happened to Luna today. Prices fell in a short time, to be honest this may be a very difficult experience to forget, And true to what you say maybe this incident will be a black stain in the world of cryptocurrency. In Luna's current situation hope would probably be meaningless.
I don't want to talk about this, but it's actually happening from what I've seen. Some people I know are slowly coming to an impasse and they're really thinking about death when they try to buy. more than Luna when it was falling out of control. I can't be of any help to them, when I have read some of the messages. They are no longer able or motivated to live with losses and debt. Maybe what happened in the last few days? Yesterday was a great lesson for us when we let money rule everything in life.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 12, 2022, 06:34:23 PM
#33
Becareful with the price of luna. This may be delisted from the spot as soon as possible no matter what price that already achieved by luna is. Binance has been surpending deposit and withdrawal and it will be erasing the contract. This indicated if binance interested to remove luna from its own exchange site. You must be careful with this. This may become the end for luna and thousands of people who have invested in luna. This is the worst thing that i have ever seen in crypto and in my life
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
May 12, 2022, 06:29:14 PM
#32
I thought that at first, the decrease of Luna price was only like other coin decreases, normal decreases. But, with, it seems like what happens to the shitcoin or shit tokens previously that have no future, only pump and dump, and now the coins may be dead.

But wait, I ma litle bit confused with your statement:
Bad news that Binance started suspending this coins. as soon as possible for you to withdraw LUNA coins stored on the Binance Exchange!
I read that Binance suspended the withdrawal process of Luna. The Suspension of Withdrawals is done on 2022-05-12
So, how can you withdraw Luna from Binance?
https://www.binance.com/en/support/announcement/1f86021e1f55483aa89649b3e6861153

sr. member
Activity: 1932
Merit: 288
May 12, 2022, 06:24:06 PM
#31
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

binance ATL (at post time) == $0.00111

imo they should starting to burn LUNA → this will bring more buyers.
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