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Topic: Do Anyone Think Luna Will Recover? - page 11. (Read 1777 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 07:42:21 AM
#38
This is a sad story experienced by Luna investors who invested heavily in Luna coins because I read on Reddit that many people suffered losses of hundreds of thousands of dollars. I can't imagine how their fate will be with Luna's sharp decline and it looks like it's over because Luna is very difficult to increase, even to only reach $1. It's a difficult situation but some people take advantage of this by buying Luna in bulk in the hope that Luna's price will rise again. But the chance to go up won't be any bigger but who knows.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
May 13, 2022, 07:35:52 AM
#37
Damn, never expected many to sacrifice their life savings for Do Kwon's pocket.

Just going to Reddit and seeing those "I lost everything" posts is already depressing enough.
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

That feels like Deja Vu. The 2017 bubble popping up in 2018 was indeed disastrous.
I am just concerned about those people who lost their money completely in this LUNA crash.
Many of those people would now lose faith on crypto as a whole and may be never invest in any cryptocurrency.
There's nothing we can do from our side as well. We can just give our moral support because so many people lose their money.
Luna was one of the top 10 coins and such a thing happening to one of the top 10 coins is really defaming crypto.
full member
Activity: 1130
Merit: 133
May 13, 2022, 06:40:47 AM
#36
Damn, never expected many to sacrifice their life savings for Do Kwon's pocket.

Just going to Reddit and seeing those "I lost everything" posts is already depressing enough.
we heard alot sad story due this rug pull. Many news in tweeter spread sad news how investor lost their huge money. Even some of them use hot money from their saving. In local group i see alot people claiming they frustation with this condition and even want to suicide. From this case we must set proper plan about our investment and never be greedy when we get good profit.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 06:31:55 AM
#35
This is really unfortunate for LUNA, hopefully they can still recover if this algorithmic stable coins really work then they must recover from this catastrophe otherwise this is a failed stable coin, they still have Bitcoin reserve and for sure this will be use for the recovery plan they said on social media account lets wait for it, the damage is really bad LUNA price almost 0 today and delisted on Binance and many exchanges, lets wait for any updates on what will happen within the next few weeks.
Any effort will be difficult to make to restore Luna price condition, because if they were able they would have done it from the start so as not to cause all this to happen, so I think there is no hope for Luna and I would like to convey my concern for all the huge losses to all investors.
hero member
Activity: 2492
Merit: 542
May 13, 2022, 06:13:52 AM
#34
This is really unfortunate for LUNA, hopefully they can still recover if this algorithmic stable coins really work then they must recover from this catastrophe otherwise this is a failed stable coin, they still have Bitcoin reserve and for sure this will be use for the recovery plan they said on social media account lets wait for it, the damage is really bad LUNA price almost 0 today and delisted on Binance and many exchanges, lets wait for any updates on what will happen within the next few weeks.
hero member
Activity: 2982
Merit: 610
May 13, 2022, 05:46:33 AM
#33
That was hard, unfortunately. This is what we called risk in investing in a project that doesn't have a backup plan, unlike Shiba Inu. To assess how this situation went on, we can't decline such a doubtful view of this project and less likely it will recover after Binance was giving up on it. We neither expect this to happen, however, the choice of luna for investment seems not really at its best. I presume that many are suffering losses to this unexpected abrupt decline of Terra Luna but we don't have to think this will be the end of this project, maybe we have to hold it for awhile, let us see what will happen during the next halving.
hero member
Activity: 2086
Merit: 994
Cats on Mars
May 13, 2022, 05:27:59 AM
#32
Damn, never expected many to sacrifice their life savings for Do Kwon's pocket.

Just going to Reddit and seeing those "I lost everything" posts is already depressing enough.
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
sr. member
Activity: 1246
Merit: 252
May 13, 2022, 05:09:19 AM
#31
Those who experienced losses with LUNA, please be patient and patient because it was completely unexpected by everyone at this time after seeing the previous LUNA developments as long as the market was still in normal conditions, but for now I think many people will stay away from LUNA.
Of course, it is too time consuming for someone to monitor the development of Luna coin as it has caused huge losses to thousands of investors, so it is better to add the top altcoins to the list of recommended coins to invest in bear market.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 04:20:51 AM
#30
I never imagined that Luna's prize would drop that much, it was just beyond my imagination or the imagination of many people. Including me and my friends circle, Many have invested in it. We are all going through losses now. It is difficult to say whether Luna will be able to recover, as all the news that comes after it is detrimental to Luna's future.
Those who experienced losses with LUNA, please be patient and patient because it was completely unexpected by everyone at this time after seeing the previous LUNA developments as long as the market was still in normal conditions, but for now I think many people will stay away from LUNA.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
May 13, 2022, 03:57:52 AM
#29
I no longer think about the project's resilience as now so much has happened and we are all seeing it happen as the biggest scam in the crypto space. Now their credibility in this space is gone, and how will they regain the trust of the community, who have lost a lot of money and also committed suicide because of the funds involved Luna ecosystem. I also watched some people around me try to buy more Luna and hope for her to recover, but the joy was short-lived, and they continued to wallow in business with losses they thought would trigger a gauze can.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
May 13, 2022, 03:56:53 AM
#28
As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

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.

They're focusing on recovering $UST not recovering LUNA token, I assume when $UST is recovering they will make a new brand LUNA token with the new system. Well, it's only my opinion and I'm interested to see what will happen in the future because Do Kwon said he will have a plan for recovering $UST.
hero member
Activity: 1932
Merit: 504
May 13, 2022, 03:46:37 AM
#27
I don't think this project will still recover as you can see the UST is also struggling to get to $1 again. I accepted my lose and my investment in Luna is now gone and all I can do is miraculously wait for it to recover again, Imagine some people who buy Luna at $90 they probably regret it.
sr. member
Activity: 832
Merit: 286
DGbet.fun - Crypto Sportsbook
May 13, 2022, 03:37:31 AM
#26
Is this some kind of bug? Can someone explain this?
It's not a bug because Luna detailed data on Coinmarketcap has not changed from the start, so I was surprised at the time of Luna bullish price why people pumped Luna, even though they knew the risk of investing in coins that had no maximum supply limit. So it's best to avoid investing in pumped altcoins because of the hype, especially since coins don't have a maximum supply limit.
newbie
Activity: 13
Merit: 0
May 13, 2022, 03:19:29 AM
#25
i Hope  well recover this project
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro
May 13, 2022, 03:10:04 AM
#24
As Usual, The coin has the potential to recover, but at present things are extremely uncertain.

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 never imagined that Luna's prize would drop that much, it was just beyond my imagination or the imagination of many people. Including me and my friends circle, Many have invested in it. We are all going through losses now. It is difficult to say whether Luna will be able to recover, as all the news that comes after it is detrimental to Luna's future.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
May 13, 2022, 03:09:41 AM
#23
Damn, never expected many to sacrifice their life savings for Do Kwon's pocket.

Just going to Reddit and seeing those "I lost everything" posts is already depressing enough.
hero member
Activity: 1848
Merit: 530
The OGz Club
May 13, 2022, 03:05:18 AM
#22
I'm not sure what's going on, but I just checked the circulating supply na coinmarket: https://coinmarketcap.com/currencies/terra-luna/



Is this some kind of bug? Can someone explain this?
hero member
Activity: 1120
Merit: 554
🇵🇭
May 13, 2022, 02:49:32 AM
#21
Almost everyone never expected that the price of Luna dropped drastically like it is now,
I also saw on the news a lot of people were stressed because of it,
the market is currently back up and hope that the price of luna will also rise again although indeed we don't know how long this will last because the market is still unstable

To be precise, the crypto market just recently have a relief except for Luna and UST, This project has no future if they will not replay the block before the attack occur and abandon the idea of peggin UST to Luna. Luna is still not withdrawable on exchange everything can be fix by burning all the Luna mint during the attack amd refund all the Luna purchased by that time. The CEO need to cover some loss on making this process but will make Luna trusted again. There’s no way to rebuild Luna with current supply. This is bullshit idea if the CEO still rhink that the project can be save by continuing the current condition.
sr. member
Activity: 1372
Merit: 264
May 13, 2022, 02:58:33 AM
#21
It will depend if Do Kwon will still try to recover the Luna. There is a possibility it will recover soon but it might take years and get listed again on exchanges. And, I think that Terra is really a great project, and hoping they will resolve this kind of issue and make a comeback, some people are still waiting and holding their luna even though its value really plummeted and currently trading for the value of $0.00005425.
full member
Activity: 1048
Merit: 102
May 13, 2022, 02:43:58 AM
#20
Almost everyone never expected that the price of Luna dropped drastically like it is now,
I also saw on the news a lot of people were stressed because of it,
the market is currently back up and hope that the price of luna will also rise again although indeed we don't know how long this will last because the market is still unstable
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