The possibility of crypto (LUNA/UST) losing even more shares in the market?
Forget about luna, enough investors have lost a lot of money in Luna. the proposal made by Do Kwon was unable to raise Luna price anymore. One lesson I took from this crime is don't put all your money in one coin because it's quite a risk that we will accept if one day the price suddenly drops 99%. 
Topic: Crypto crash (LUNA/UST) - page 3. (Read 443 times)
hero member
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The possibility of crypto (LUNA/UST) losing even more shares in the market?
If I were you, I will leave LUNA and UST and search for the other coins. I will pick bitcoin as my choice and hold it because this time, bitcoin is down again and back to $29k. Instead of choosing Luna/UST, you can search for the other coins or bitcoin as I choose which have more potential to increase higher. But if you still want to buy Luna/UST, I suggest you not to use too big money and only use the money you can afford so when the price still gets down deeper, you will not be too sad. 
Talking about the possibility of this token losing even more value in the market is very possible to happen. -100% still nothing. The decimal can go even lower than the current value and so you can see now the market how it was going down again back to the bottom.
Im sure that you can see that easily how the price is gradually dumping back again to the bottom. UST may go to the zero soon.
Im sure that you can see that easily how the price is gradually dumping back again to the bottom. UST may go to the zero soon.
Market definitely reacting to this situation as well. Luna would go down a ton and it would mean that we are going to end up with something that would be a bit of a problem for everything else as well. I get that it is not going to be that much of a trouble right now as of the current moment but it is definitely not something that would be a problem for that quickly.
We just need to realize that it is not a quick thing that made Luna go down like this, sure the crash was quick, it was a single day that made it go down a lot, but at the end of the day we are talking about something that was coming for a long time and it was obvious to all the people who knew that it would happen. I knew that algorithmic stable would not work and never invested into it for example.
We just need to realize that it is not a quick thing that made Luna go down like this, sure the crash was quick, it was a single day that made it go down a lot, but at the end of the day we are talking about something that was coming for a long time and it was obvious to all the people who knew that it would happen. I knew that algorithmic stable would not work and never invested into it for example.
The possibility of crypto (LUNA/UST) losing even more shares in the market?
The holders definitely want the winning side, they are already at the 100% lost especially for UST holders if this fork proposal do move as per the revival plan. I guess you'd be right in that stance and I do feel the burn for those who get caught up in this crash, hope everyone will be fine at least and think it's just a money being lost and can still be found. 
The possibility of crypto (LUNA/UST) losing even more shares in the market?
Such a possibility is always there for crypto (LUNA/UST) after the many declines that have happened to it this year and this makes crypto (LUNA/UST) have to struggle from zero again to be in a very good price and this obviously takes time for crypto (LUNA/UST) at this time. 
The possibility of crypto (LUNA/UST) losing even more shares in the market?
what else can you expect from LUNA? this coin is dead and there is no hope for it.. but trading of this token is still on some exchanges, but don't get your hopes up with it, because in a few months it looks like this token will be abandoned by crypto users
The possibility of crypto (LUNA/UST) losing even more shares in the market?
Yes and why not? Just remind you if UST has not pegged. it's not even backed by any assets. The asset that used to peg UST has gone and this will become a useless token for sure. The price of UST already dumped so hard. There's no way for both to recover from the dump. Luna and UST were garbage token since last week. people are only buying both to gambling with the market. This can be a very bad choices for people to invest. There's no way for luna to recover from the bearish market like this.,
The possibility of crypto (LUNA/UST) losing even more shares in the market?
what else can you expect from LUNA? this coin is dead and there is no hope for it.. but trading of this token is still on some exchanges, but don't get your hopes up with it, because in a few months it looks like this token will be abandoned by crypto users
The possibility of crypto (LUNA/UST) losing even more shares in the market?
Yes they losse more share in market . Becare they have no chance to recover . The total supply of this token is more like 6 trillion this this very huge amount and previous supply was like billion . That's the main reason . If they wanna burn they couldn't effort the fund for this. So I think its true that they will loss more share in future .
The possibility of crypto (LUNA/UST) losing even more shares in the market?
what else can you expect from LUNA? this coin is dead and there is no hope for it.. but trading of this token is still on some exchanges, but don't get your hopes up with it, because in a few months it looks like this token will be abandoned by crypto users
If the team behind LUNA will not do anything ASAP then there is no ways this project can survive this week nosedive in the market. Many investors lost their money on LUNA and many affected as well especially those who bought at the top. more Uncertain things gonna happen for sure if this negativity taking too long to resolves.
Is there anyone still trust a stable coin that many people suppose to stick around $1 but now it's goes to $0.08? Honestly I really doubt someone can trust LUNA or UST again after the CEO disappointed them. Many people already commit suicide, some people gambling with the current LUNA/UST price. I think the long term holder already cut their losses and now it's only a retails on the market.
Hard to say if they can still survive this especially if DK will be found guilty of tax evasion and all other cases filed against him and Terra.
Some of the newer investors/traders already opted out after it's getting clearer that the voting is in favor of the fork. Even CZ doesn't approved of the approach taken by the team to solve this issue.
Some of the newer investors/traders already opted out after it's getting clearer that the voting is in favor of the fork. Even CZ doesn't approved of the approach taken by the team to solve this issue.
Quote from: https://station.terra.money/proposal/1623
Agora post: https://agora.terra.money/t/terra-ecosystem-revival-plan-2-updated-and-final/18498 * Create a new Terra chain without the algorithmic stablecoin. The old chain to be called Terra Classic (token Luna Classic - LUNC), and the new chain to be called Terra (token Luna - LUNA) * Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. * TFL’s wallet (terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6) will be removed in the whitelist for the airdrop, making Terra a fully community owned chain
Luna is flawed to its core and the whole ordeal is just a plain disaster.
The real value of it is zero.
May take a bit for people to realise that fact but this is where it is going, at least that is belief as of right now.
The real value of it is zero.
May take a bit for people to realise that fact but this is where it is going, at least that is belief as of right now.
The possibility of crypto (LUNA/UST) losing even more shares in the market?
I remembered when Luna plummeted from $87 to $10, some people would have invested at some ooint, thinking it will sour back over $50. Some people would have done the same thing when Luna was around $1, all the money invested is now nothing when it got to less than $0.0005. Not new but another lesson from altcoins. 
Don't get under impression that because LUNA/UST is down 99% it can't go down even more as this is not the normal situation. A lot of people got rekted by trying to seize this "opportunity" and were buying the dip, thinking that it has to go back up. Well, it didn't and if they bothered to check why LUNA/UST is tanking so hard they wouldn't even try that. After all, there is an old trading rule that says "don't try to catch a falling knife".
My advice is to stay away from it and if you have urge to gamble, go to casino. You will have better chances there.
My advice is to stay away from it and if you have urge to gamble, go to casino. You will have better chances there.
copper member
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LUNA is already down like 99%+ mate, what more do you want? But yea, deserves to be literally zero. Do Kwon's literally being bombarded by allegations and court cases right now due to a lot of retail(and institutional lmao) investors getting burned.
According to the tweet that I read recently, Terra did not spend their Bitcoin reserve for buy-back just like what they are claiming, Instead it went a cold wallet and just chilling while everyone is in panic. Do Kwon is a master scammer and using this Luna drama to exit scam. He don't have any plan to save UST at the start and now he is claiming that Luna is greater than UST to support i scam fork coin. Jail time is what he deserves.
All the BTC currently sits under this address: 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
Source: https://mobile.twitter.com/CryptoOracle88/status/1527325921933266945
The possibility of crypto (LUNA/UST) losing even more shares in the market?
Isn't it good enough to learn from the experience of Luna and any other altcoin and invest in bitcoin? talking about Luna as at this moment is not really what listening to because it real identity has been revealed already and it will be better for one to move on with life by investing on bitcoin, while this is the best opportunity in doing that only for those that can see and maximize such opportunity with full complacence.
LUNA is already down like 99%+ mate, what more do you want? But yea, deserves to be literally zero. Do Kwon's literally being bombarded by allegations and court cases right now due to a lot of retail(and institutional lmao) investors getting burned.
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