Do Anyone Think Luna Will Recover? - page 10.

AmoreJaz

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Quote from: Taskford on May 13, 2022, 04:56:20 PM

Quote from: Hypnosis00 on May 13, 2022, 04:51:16 PM

Luna draws a dirty tactic and it turns out like having an exit scam. It is a big shame for the developers who gives hope to the investors but now, that hope has gone totally. Many have fallen into their plan, and even known exchanges like Binance got fooled as well. I'd don't just think this will happen to Luna in the first place because we could this project tradable to many exchanges. Really be surprising but yes, scammers are really smart that is hard to predict and know their plans.

What a huge amount of money got liquidated for last few days and it happen so fast so I don't think new investors will them for the new developments they made if they really want to revive this project. And also I believe that new people will come to it will just do a pump and dump scheme since its really hard to trust to hold it because many people are now afraid on how LUNA sustainability works in future.

this will be another big project that will fail very soon. i don't think there will be recovery here. do you really think that they can recover? just look at the previous project Basis Cash, because now there are rumours saying that the dev of this failed project was also Do Kwon. so yeah, i don't think this project can recover the trust and their market. another sad story in crypto history. but can the investors run after them? i don't think so.

ninis45

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in general luna has failed to run the project like luna system and they may have left with the money because the devloper in the end couldn't save UST by increasing LUNA's supply so it happened as it is now

Taskford

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Quote from: Hypnosis00 on May 13, 2022, 04:51:16 PM

Luna draws a dirty tactic and it turns out like having an exit scam. It is a big shame for the developers who gives hope to the investors but now, that hope has gone totally. Many have fallen into their plan, and even known exchanges like Binance got fooled as well. I'd don't just think this will happen to Luna in the first place because we could this project tradable to many exchanges. Really be surprising but yes, scammers are really smart that is hard to predict and know their plans.

What a huge amount of money got liquidated for last few days and it happen so fast so I don't think new investors will them for the new developments they made if they really want to revive this project. And also I believe that new people will come to it will just do a pump and dump scheme since its really hard to trust to hold it because many people are now afraid on how LUNA sustainability works in future.

Jasad

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Not really yet with drop drastically until lower price right now will recovery to higher price for Luna coin above $20 until reach $50. I think if you have small fund could trying buy back Luna coins but not with bigger amount. I worried will have trouble again but if you active controlling Luna coins price and buy when drop you have get much profit, although have stop trading awhile on Binance but I see have back trade again right now.

Hypnosis00

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Luna draws a dirty tactic and it turns out like having an exit scam. It is a big shame for the developers who gives hope to the investors but now, that hope has gone totally. Many have fallen into their plan, and even known exchanges like Binance got fooled as well. I'd don't just think this will happen to Luna in the first place because we could this project tradable to many exchanges. Really be surprising but yes, scammers are really smart that is hard to predict and know their plans.

lalabotax

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I want to say so sorry to all Luna holders in advance. Luckily I've been TP Luna from the start.
In this case, Luna is currently on the verge of death, the price that has fallen super drastically has made all Luna holders inflamed, heated up, went bankrupt, and even chose to commit suicide.
And if you look at the graph, from the current conditions, especially Luna's value and the delisting of several exchanges, it will be very difficult for Luna to return to normal prices. If Luna could survive the rug pull alone, they would be very grateful.

kawetsriyanto

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Quote from: NicNacCoin on May 12, 2022, 06:36:02 PM

Luna will never recover. The market is already on its way to vanish.People will stop trading now. many exchanges have already suspended trading. Binance Exchange may soon suspend.Recovery would have been a long time ago but now it may not be possible.

OP didn't ask about the possibility of Luna recovering soon (now), he only asked whether it is possible or not to recover.
As the founder and the team don't give up yet, I assume it is possible for Luna to recover although it may never reach its ATH again. Regarding the market responses, it is normal to happen now because they are afraid about the current situation in Luna. But if the founder and the team of Luna project can show good progress in recovering Luna price, people are probably interested to buy Luna again. And the exchanges will reopen again Luna trading then. So, nothing is impossible as long as the founder and the team want to make serious efforts.

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Quote from: Rupok on May 13, 2022, 08:28:25 AM

You are right at present things are extremely uncertain.Lona Allready has lost her position.Once it falls, it is not so easy to come back to that place.Day by day Luna will be decreasing price.Everyone thinks Luna has scammed.Many people have lost money with Luna.I don't know what happened to Luna.But I think Luna should return to its former position.

how come back?, I think Luna is over and we should stop caring about it. They announced that users will get new tokens or they will use the remaining amount of LFG to buy back luna and then burn it. It's all a farce, a scam that tries to suck the blood of investors a second time.

I don't hold Luna but I hope we will learn from Luna, Crypto are risky even if you invest in top projects there is no 100% guarantee so please analyze when investing and should only use idle money to invest.

kesmex

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LUNA has experienced a DUMP of up to -99%, if we ask whether there will be a recovery?,
of course the answer is YES!, because LUNA's CEO still hasn't given up on doing good things to LUNA,
but investors' trust has indeed been lost, so we can't say LUNA will recover quickly

tvplus006

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Quote from: Little_Sister on May 13, 2022, 02:10:43 PM

Quote from: eaLiTy on May 13, 2022, 01:38:25 PM

Terra is trading at $0.0001137 and UST is trading at $0.1658 and it is an almost impossible task to make a recovery from this position.

Currently the price is lower than you quoted above, so there is no hope for the price to be recovered from the current price crash, but there is always something unique about cryptocurrencies and will Luna be able to recover the price with the efforts made in the future because currently Luna has regained her trust from Binance to reactivate Luna coin trading.

The only solution to the problem today is hard fork, which Do Kwon, the CEO of Terra creator Terraform Labs, writes about: https://agora.terra.money/t/terra-ecosystem-revival-plan/8701 This hard fork not only provides compensation to the holders of Luna and UST, but also to preserve the community and the developer ecosystem.

Little_Sister

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Quote from: eaLiTy on May 13, 2022, 01:38:25 PM

Terra is trading at $0.0001137 and UST is trading at $0.1658 and it is an almost impossible task to make a recovery from this position.

Currently the price is lower than you quoted above, so there is no hope for the price to be recovered from the current price crash, but there is always something unique about cryptocurrencies and will Luna be able to recover the price with the efforts made in the future because currently Luna has regained her trust from Binance to reactivate Luna coin trading.

eaLiTy

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Quote from: lucks001 on May 12, 2022, 01:23:09 PM

Because, Founder of Terra creator Terraform Labs, tweeted on Tuesday: “Close to announcing a recovery plan for $UST. And He Hangs tight On His Words.”

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.

I am not sure how they will be recovering from a situation like this. Their project plan was almost solid proof and the team was able to convince the investors and they had a lot of dedicated investors and a correction exposed their algorithm based stable currency.

Terra is trading at $0.0001137 and UST is trading at $0.1658 and it is an almost impossible task to make a recovery from this position.

lombok

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Quote from: Xal0lex on May 13, 2022, 11:07:11 AM

Quote from: lucks001 on May 12, 2022, 01:23:09 PM

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.

LUNA has lost 100% of its value, it now has SCAM status and investing now will be like playing the lottery. It's sad that such a once major project collapsed so quickly, like a house of cards. I would now see it as a kind of lucky investment, by buying $100 worth of tokens, like a meme-coin investor sometimes does with the hope that there will be steep growth.

This project can only recover with a complete overhaul of tokenomics, the pegging system, minting, and other mechanisms. If the developers can recycle all that and present a good product, more secure and sustainable, maybe LUNA will rise from the ashes. In the meantime, it is one big disappointment.

To do this of course will take a lot of thought, effort and money. And the intentions of the founder and the developers.

Do Kwon the founder of Terra or LUNA himself has also yet to announce any further preventive or corrective steps or what he will do to save LUNA at this time.

I hope there will be good news for investors regarding this.

As you said, the reshuffle of the team is very influential on LUNA's survival, it's just a matter of time what the team will do. Hopefully your $100 can give you the best or nothing.

Xal0lex

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Quote from: lucks001 on May 12, 2022, 01:23:09 PM

He added on Wednesday: “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this.

LUNA has lost 100% of its value, it now has SCAM status and investing now will be like playing the lottery. It's sad that such a once major project collapsed so quickly, like a house of cards. I would now see it as a kind of lucky investment, by buying $100 worth of tokens, like a meme-coin investor sometimes does with the hope that there will be steep growth.

This project can only recover with a complete overhaul of tokenomics, the pegging system, minting, and other mechanisms. If the developers can recycle all that and present a good product, more secure and sustainable, maybe LUNA will rise from the ashes. In the meantime, it is one big disappointment.

Godday

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What the LUNA Team did was something very risky. Maybe it cannot be said that it is like Bitcoincash. But I think this is a hard time for the whole LUNA team and investors because LUNA had the worst crash of all the cryptocurrencies currently available. I wish all the best.

19Nov16

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Luna made a big surprise, a few days ago the price was still more than $ 50 and made me sure that I would pass ATH again this year, unfortunately stable coins from Luna were indicated to be used for unnatural things so that the market immediately responded quickly, I was sure it was almost impossible if Luna will recover, investors have a lot of experience like Luna.

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Quote from: ringgo96 on May 13, 2022, 08:30:12 AM

If indeed the team works hard to deal with the problems that LUNA is currently facing, I am sure that everything will return to normal, although the current situation is indeed very bad so we do not have the spirit to see luna's current condition, if the LUNA team does want to sacrifice for the current coin holders then everything will be fine, although later the recovery is done gradually but rest assured all the current losses will pay off.

to return at the highest price I'm sure it will be very difficult for LUNA. even when the team is doing it hard.
the moment the LUNA team chose to add coin supply to the market was not the right moment. Many LUNA Holders finally panicked to see the current price. although we are currently seeing a slight improvement in the price of LUNA, that will not answer the anxiety and disappointment of the holders who have already lost a lot.

ringgo96

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If indeed the team works hard to deal with the problems that LUNA is currently facing, I am sure that everything will return to normal, although the current situation is indeed very bad so we do not have the spirit to see luna's current condition, if the LUNA team does want to sacrifice for the current coin holders then everything will be fine, although later the recovery is done gradually but rest assured all the current losses will pay off.

Rupok

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You are right at present things are extremely uncertain.Lona Allready has lost her position.Once it falls, it is not so easy to come back to that place.Day by day Luna will be decreasing price.Everyone thinks Luna has scammed.Many people have lost money with Luna.I don't know what happened to Luna.But I think Luna should return to its former position.

UserU

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Quote from: tomahawk9 on May 13, 2022, 05:27:59 AM

yeah reminds of the 2017 bubble finally popping, seeing big crypto projects vanish and tons of people losing their money is devastating

but, to answer OP's question, this coin is dead, binance delisting Luna was the final nail in the coffin

there are some people saying that Luna are planning to do a rollback? sounds crazy, but it's probably just users trying to cope

I felt that. Think about it, almost every shitcoin mooned like crazy and the next thing is that the crash hit most of us like a truck.

Well, I saw the news that their blockchain got suspended from operating as Terraluna is trying to modify the protocol to prevent more people from minting the LUNA tokens, as its supply has inflated to 6.5 trillion.

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