Topic: Binance Suspend Terra LUNA Coins! - page 3. (Read 410 times)
Binance has tried hard to hold on to Luna Market. Various exchanges have suspended from the market long ago.But Binance has not yet suspended from the market but has decided to suspend.Luna will soon be vanished from the market and Luna will be suspended from various exchanges.
Well, the sad thing is that Luna lost its price potential because of a lack of demand, market sustainability, trust issue, and investors' regret to put money into shitcoins like this project.
Not to wonder why this is going to happen. The project that doesn't have use-cased will certainly lose its value in the coming days, it was exactly as the bearish season come Luna's investors were quitting and selling them off.
Not to wonder why this is going to happen. The project that doesn't have use-cased will certainly lose its value in the coming days, it was exactly as the bearish season come Luna's investors were quitting and selling them off.
Seeing the developments that happened to Luna was quite worrying. Investors have lost confidence and this means that there is no longer a good future for Luna and UST. Many Exchanges now have plans to remove both for the convenience of traders. Seeing the CoinMarketcap bleed for quite a while only USDC and BUSD have strong reserves to show how much they really can be trusted.
I always said usdc would be the only stablecoin to be trusted and because of that many scammers tried to cancel me.
Seeing the developments that happened to Luna was quite worrying. Investors have lost confidence and this means that there is no longer a good future for Luna and UST. Many Exchanges now have plans to remove both for the convenience of traders. Seeing the CoinMarketcap bleed for quite a while only USDC and BUSD have strong reserves to show how much they really can be trusted.
no one will have faith to Do Kwon and luna developers team anymore, this worst dump ever in this year and suffer alot investors which is hold due their believeness. investors now worrying about another stablecoin , and move to usdc or maybe fiat to make sure market will good in this weekend. maybe another nuke will coming again tommorow while stock market closed. 
Seeing the developments that happened to Luna was quite worrying. Investors have lost confidence and this means that there is no longer a good future for Luna and UST. Many Exchanges now have plans to remove both for the convenience of traders. Seeing the CoinMarketcap bleed for quite a while only USDC and BUSD have strong reserves to show how much they really can be trusted.
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. 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.
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.
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.
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 
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.
This a big lesson for all crypto enthusiasts. Was this caused by the big investors "Whales" or is deliberate by LUNA? Where lies the trust in the crypto space? These are the questions crypto lovers have to ask. According to CNBC (https://www.cnbc.com/2022/05/10/bitcoin-btc-investors-panic-as-terrausd-ust-sinks-below-1-peg.html) UST is what’s known as an “algorithmic” stable coin. Part of the Terra blockchain project is meant to track the value of the dollar, like fellow stable coins tether and USDC. However, unlike with those cryptocurrencies, Terra doesn’t have cash and other assets held in a reserve to back its token. Instead, it uses a complex mix of code — alongside a sister token called luna — to stabilize prices. Perhaps, the algorithm failed. According to Outlookindia, "Whales" caused UST to loose value over USD.
Our crypto experts need to go back to the drawing board because this is a dent to crypto space.
Our crypto experts need to go back to the drawing board because this is a dent to crypto space.
https://twitter.com/terra_money/status/1524812171179327488?
"The Terra blockchain has resumed block production.
Delegations are disabled now that the chain is live with the new code merge.
Validators, please check the Discord announcements for the latest patch notes."
"The Terra blockchain has resumed block production.
Delegations are disabled now that the chain is live with the new code merge.
Validators, please check the Discord announcements for the latest patch notes."
Long term luna is dead, short term scammers are profiting by pumping and dumping it, right now they will pump a lot then start the mass dump.
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
It shouldn't have been Luna 
I am not a investor but I watched this coin grows, beating myself a few times for not investing earlier, Luna making it to top 10 on coinmarketcap is a big achievement on its own, I dont understand why this people decide to ruin it all with UST stable coin.
I am not a investor but I watched this coin grows, beating myself a few times for not investing earlier, Luna making it to top 10 on coinmarketcap is a big achievement on its own, I dont understand why this people decide to ruin it all with UST stable coin.
https://twitter.com/terra_money/status/1524785058296778752?t=D7TTzMy_8ASEQxd8MUAVIQ&s=19
"The Terra blockchain was officially halted at a block height of 7603700.
https://lcd.terra.dev/blocks/latest
Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack."
"The Terra blockchain was officially halted at a block height of 7603700.
https://lcd.terra.dev/blocks/latest
Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack."
Being trending everywhere about Luna, which dumped 99%, caused investors to be confused by this instant dump, I hope investors are still doing well.
With Binance's policy of suspending Luna, it will certainly be worse, it's like Dev throwing away all of their shitcoins but what happened to Luna is the reality, we witnessed Luna free fall without anyone blocking her.
Binance reacted that fast. Not common. If you are not profitable for them, they kick you out without any shade of guilt.
From $60 to $50 to $25 to $15 to $0.02. Ouch. My condolences to every investor of this coin if they are still sleeping right now or just didn't care about the market movements because they have faith this won't happen.
The volume is still high that means not many are selling it, I bet they are willing to wait or that's just the option they have.
From $60 to $50 to $25 to $15 to $0.02. Ouch. My condolences to every investor of this coin if they are still sleeping right now or just didn't care about the market movements because they have faith this won't happen.
The volume is still high that means not many are selling it, I bet they are willing to wait or that's just the option they have.
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
https://terrasco.pe/mainnet/luna/supply
This is how a smart contract works. If the price of UST is less than 1 dollar, then UST can be exchanged for LUNA at a favorable rate. Therefore, the LUNA emission is increasing and will continue to grow indefinitely. Imagine the number of LUNA coins when several billion UST more are burned.
This is how a smart contract works. If the price of UST is less than 1 dollar, then UST can be exchanged for LUNA at a favorable rate. Therefore, the LUNA emission is increasing and will continue to grow indefinitely. Imagine the number of LUNA coins when several billion UST more are burned.
LUNA is going down. It's at the verge of a collapse and I personally don't think there's any chance for this coin to revive itself.
The reason is because it has fallen from around $100 to an all time low of $0.008 which is more than 99% dump.
That's a point of no return for LUNA and UST. Terra foundation is pretty much collapsed. Game over for LUNA holders.
The reason is because it has fallen from around $100 to an all time low of $0.008 which is more than 99% dump.
That's a point of no return for LUNA and UST. Terra foundation is pretty much collapsed. Game over for LUNA holders.
Scammers will likely pump it a lot now and then crash it to hehell later.
LUNA is going down. It's at the verge of a collapse and I personally don't think there's any chance for this coin to revive itself.
The reason is because it has fallen from around $100 to an all time low of $0.008 which is more than 99% dump.
That's a point of no return for LUNA and UST. Terra foundation is pretty much collapsed. Game over for LUNA holders.
The reason is because it has fallen from around $100 to an all time low of $0.008 which is more than 99% dump.
That's a point of no return for LUNA and UST. Terra foundation is pretty much collapsed. Game over for LUNA holders.
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