Do Anyone Think Luna Will Recover? - page 7.

Oasisman

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Quote from: Number6 on July 08, 2022, 02:54:57 AM

It will be hard to trust Luna again or anything that comes from the Terra/Luna team.

Most people thinking (hoping) that there will be a successful recovery, or reboot, are simply hoping they can recover some of their losses, but I don't see it happening.

A lot of people have lost huge sum of money due to that incident, and it kinda hurt their reputation. Though there were also some who took advantage of the falling asset but the supply went beyond the roof and there's no way Luna is recovering.
Now, for the new version I don't think it would become huge just like how they run it for the first time. People already have trust issues with the team and there were a lot of good coins to choose from in the market.

Baofeng

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Quote from: Number6 on July 08, 2022, 02:54:57 AM

It will be hard to trust Luna again or anything that comes from the Terra/Luna team.

Most people thinking (hoping) that there will be a successful recovery, or reboot, are simply hoping they can recover some of their losses, but I don't see it happening.

It's over for this project, the people behind has been exposed, many lost their money and obviously trust on the projects. So there will be no way for them to recover.

Their investors started to look for other projects already, maybe some have move on despite the money that they have lost and never come back again. But for sure, those who lost millions will have to come after the project itself and see how the Korean government will handle this case and give back the compensation for those investors.

Morningstarr

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Luna's return to her former position is not much of a dream right now The way a great project like Luna suddenly lost its value was a blow to people's confidence. Of course, people don't have the same confidence as before. Moreover, many theories are circulating like Luna was a scam project. The case against Luna's founder
And the rest of the crypto market has no chance of getting better at the moment.
All these factors are also preventing Luna from getting back to her position. If all these things get better then hopefully Luna will go up because nothing is impossible.

Number6

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It will be hard to trust Luna again or anything that comes from the Terra/Luna team.

Most people thinking (hoping) that there will be a successful recovery, or reboot, are simply hoping they can recover some of their losses, but I don't see it happening.

Kelvinid

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win lambo...

Quote from: oaz7t on July 08, 2022, 12:21:34 AM

Problem is not with the coin or its economic structure, the problem is now with the "trust". Investors around the world are having rage against the owners now. This can't be trusted at all. They have lost the money which can't be recovered. The project is now unrealistic.

And this project can't be trusted anymore after their tragic issue. Many people have been hopeful before, putting some money on this thinking it was reliable but unfortunately, with just a twinkle in their eyes, it started to dump and worsen the situation. The team trying to revive with a different market strategy but it is just a failed attempt as people neglected to give trust again with them.
Luna project is dead already in the eyes of the people around, though it still exists.

BuNga_cute

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Quote from: rhomelmabini on July 08, 2022, 12:00:17 AM

Quote from: Muslimin mj on July 07, 2022, 03:02:56 PM

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

Those who believes in them are those who want to minimize their losses and sell it again for a higher price. They already broken the trust of a lot investors here and a lot has already lost confidence in them. We know that since it's ba bear market but what happened to LUNA was far more worse than a bear market and you better know the difference in it.

I am one of those people who will no longer trust LUNA, I agree with you, what happened to LUNA was very bad. So go ahead if there are still people
who believe LUNA will recover again, maybe because they have a large number of LUNA, then they still hope they can sell the LUNA they have.
In fact, I believe that LUNA is dead and it is almost impossible to gain the trust of investors again, after what happened to LUNA. Many investors
have been harmed and traumatized by LUNA. Instead of me being a victim a second time, I prefer to invest in other coins. Because there are still
many other coins that have more potential than LUNA. For me, trusting LUNA again has a very high risk.

oaz7t

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Problem is not with the coin or its economic structure, the problem is now with the "trust". Investors around the world are having rage against the owners now. This can't be trusted at all. They have lost the money which can't be recovered. The project is now unrealistic.

rhomelmabini

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Quote from: Muslimin mj on July 07, 2022, 03:02:56 PM

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

Those who believes in them are those who want to minimize their losses and sell it again for a higher price. They already broken the trust of a lot investors here and a lot has already lost confidence in them. We know that since it's ba bear market but what happened to LUNA was far more worse than a bear market and you better know the difference in it.

BlockchainMentors

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Unfortunately, from what I'm seeing, this looks like Luna's death knell.If Luna were worth just $1, it would have a market cap of $6.5 trillion. That's more than five times the entire cryptocurrency market — currently $1.24 trillion.The only way for Luna to recover the $80 price would be to burn enough Luna tokens to bring the circulating supply back to around 350 million.

posi

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Quote from: blockman on July 07, 2022, 04:58:31 PM

Quote from: Muslimin mj on July 07, 2022, 03:02:56 PM

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

It's better not to think of any hope from them. They've got a lawsuit and cases that they have to face that will make them put into jail, they can't work in jail unless they'll be given that favor but I don't really think that they'll get special treatment. Or maybe, they will since they've got a lot of money. Honestly, it's already down and the chance of Luna and its tokens and other projects to get up is very little, you don't think them to be liked by the investors when they're down already. A pump and dump is likely for projects like these.

Is it not over yet? Dokwon and his team deceived the entire market. Abandoning hope from them, I dare to assure you that luna and terra really have no hope of recovery. It is a sustainable coin based on community trust, but as Dokwon rejected all luna lovers, there is no hope that luna will be recovered. He will go to jail for his deceitful actions which is what people are looking for more than luna's little recovery

Lanatsa

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Quote from: AmoreJaz on July 07, 2022, 05:35:01 PM

Quote from: Jaered on July 07, 2022, 05:28:29 PM

Unfortunately, from what I'm seeing, this looks like Luna's death knell. Why? DeKwoon's greed! The unofficial community census after the initial depeg fiasco was a massive burn, after the mining death spiral experienced by the UST coin. People were already sending tokens to the burn address. But he totally ignored them because he knew he would lose money, and instead chose to print a totally new coin, and named the old coin Luna Classic and UST Classic. Now look what's going on. Also coupled with the fact he has financial issues with his country and was allegedly called out by Anonymous (a White hat hackers group) to be responsible about a dead coin

honestly, i don't think this is going somewhere. i hope those holders are already trying to get out of this mess before it eventually died down. i believe, the LUNA team is just buying time here for the people to forget this failed project. maybe after couple of months, we will see the truth about their motives here why they rushed their new version.

They should get out before the price of it will be going 0% just like on what happened into its mother coin.High likely it would happen again into those forked or version 2 i would say.

Trust is something that cant really be given back once its been broken and any project and team behind did make out some shady things in the past then it cant really be forgotten and into those things been
created after will really not be getting any possible support ahead since people arent that dumb to commit on the same mistakes that they had experienced in the past.

For those who had just been dragged with the hype and shills then its better to get out early rather than on ending up regretting just because you havent considered on acting fast.

AmoreJaz

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Quote from: Jaered on July 07, 2022, 05:28:29 PM

Unfortunately, from what I'm seeing, this looks like Luna's death knell. Why? DeKwoon's greed! The unofficial community census after the initial depeg fiasco was a massive burn, after the mining death spiral experienced by the UST coin. People were already sending tokens to the burn address. But he totally ignored them because he knew he would lose money, and instead chose to print a totally new coin, and named the old coin Luna Classic and UST Classic. Now look what's going on. Also coupled with the fact he has financial issues with his country and was allegedly called out by Anonymous (a White hat hackers group) to be responsible about a dead coin

honestly, i don't think this is going somewhere. i hope those holders are already trying to get out of this mess before it eventually died down. i believe, the LUNA team is just buying time here for the people to forget this failed project. maybe after couple of months, we will see the truth about their motives here why they rushed their new version.

Jaered

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Unfortunately, from what I'm seeing, this looks like Luna's death knell. Why? DeKwoon's greed! The unofficial community census after the initial depeg fiasco was a massive burn, after the mining death spiral experienced by the UST coin. People were already sending tokens to the burn address. But he totally ignored them because he knew he would lose money, and instead chose to print a totally new coin, and named the old coin Luna Classic and UST Classic. Now look what's going on. Also coupled with the fact he has financial issues with his country and was allegedly called out by Anonymous (a White hat hackers group) to be responsible about a dead coin

Rufsilf

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Quote from: usekevin on July 07, 2022, 05:12:36 PM

It’s false allegations towards the wrong coin.Most of us clearly know,their won’t be any good openings in this.But unfortunately we still believe the fortunes will help us.So with my knowledge,it’s impossible one.Because the traders who hold the Luna was in extreme anger.The marketing team of the LUNA was not make a clear allegations on this LUNA update.

In fact, the issue has been raised for several months but has no action been made to settle it down, they just let the rumors and speculation spread around. This is obviously an exit scam, they are one of those projects that looks promising and many people had fallen into them but in the end, they just leave and carry the money of the investors. I would say that they are wise scammers, they just wait for the right time and they make the market situation the cause of everything which perhaps, was really their intention.

usekevin

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It’s false allegations towards the wrong coin.Most of us clearly know,their won’t be any good openings in this.But unfortunately we still believe the fortunes will help us.So with my knowledge,it’s impossible one.Because the traders who hold the Luna was in extreme anger.The marketing team of the LUNA was not make a clear allegations on this LUNA update.So LuNA will not come back with same old potential.Better to skip it for future investment.

blockman

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Quote from: Muslimin mj on July 07, 2022, 03:02:56 PM

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

It's better not to think of any hope from them. They've got a lawsuit and cases that they have to face that will make them put into jail, they can't work in jail unless they'll be given that favor but I don't really think that they'll get special treatment. Or maybe, they will since they've got a lot of money. Honestly, it's already down and the chance of Luna and its tokens and other projects to get up is very little, you don't think them to be liked by the investors when they're down already. A pump and dump is likely for projects like these.

Muslimin mj

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

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.

Yes, I believe the Teraluna team will restore the conditions they are currently experiencing. and in this condition they don't just let go, but they are still trying to find a way out so that Teraluna can recover and be trusted by investors again. because of the current conditions, we know that not only terraluna has decreased but there are still many altcoins that are experiencing the same thing at this time, even though terraluna has a much lower percentage. and to recover takes time and the trust of investors.

TheGreatPython

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Quote from: Tony116 on May 21, 2022, 09:56:21 AM

Do you believe what they are saying? No, I definitely don't. No one can trust what Dokwon and his team say anymore. The only way to restore everyone's trust is for Luna's team to pump money and restore Luna's price but this is not going to happen either because they are not stupid enough to spend their money to save the community. Luna is dead and nothing more should be expected of her, let's take that as an expensive lesson we all must learn.

A criminal is always a criminal, just in case you guys didn't know that do kwon is also involved in a similar scam scheme so chances are that this guy has a plan to scam investors for the 3rd time. I wonder why this guy was still outside roaming around. A big criminal like this should be suffering already inside the jail and got beaten up by other criminals.

The supply of the coin is too huge, I think that was over trillion already and for it to up its price, they will need serious amounts. Amounts that no one can ever imagine. Restoring the price up to a dollar is still going to be a struggle but like you said they are not stupid enough. Scammers are wise guys. They already have the money so why will they need to re deposit it again.

vanesha

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Instead of making LUNA recover I think the devs will take responsibility by switching to a new version of LUNA. Of course, the LUNA version must be able to cover the shortcomings of the old LUNA, if they succeed, the losses in the old LUNA will definitely be replaced too. Unfortunately we don't know when it will run, I hope the devs act quickly on this, a lot of them have gone crazy because of LUNA.

frankomighty

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Yes it will. Greatly.

The Luna community has seen luna as a project that can never recover and get back to its All-Time High but it will.

The Luna Foundation Guard, which acts as steward for UST, is currently aiming to fund over $1 billion to resurrect the stablecoin.

Topic: Do Anyone Think Luna Will Recover? - page 7. (Read 1782 times)