Do Anyone Think Luna Will Recover? - page 8.

Muslimin mj

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Quote from: lucks001 on May 12, 2022, 02:23:09 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, 10:56:21 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.

BobK71

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Quote from: lucks001 on May 12, 2022, 02:23:09 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.

It is very difficult to get back of the current situation of Luna. They left the market with the Luna Mint up to the highest slap. Think about it, if it recovers then how much will be the market cap ? I don't care if they can recover it or if they have any attempt to recover because it is impossible at the moment.

Coin BTC

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I don't know for sure about this, but if we talk about recovering or not, there are already a lot of people arguing about it, from those who believe Luna will recover, they say, With a good level of quality work, they believe that Luna will recover. within a short period of time from the state of crisis they are currently experiencing.

On the other hand, most of the people here say that Luna will not enter her recovery period again even it is very difficult to happen, and there are some of them who say, Luna is now in a state of the market that will disappear, there are two debates here, is it possible that Luna will recover quickly or take time, or maybe Luna won't have a recovery period anymore, so that in more detail later we will wait for market conditions to improve and research on the market, especially the coins we are discussing, namely Luna coins

topman21

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Quote from: lucks001 on May 12, 2022, 02:23:09 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.

Never. If anyone thinks Terra Luna will be recovered then I would say it is a complete lie. Recovery is never possible in the position that Luna has taken now People have now moved away from Terra Luna. All the investors who invested have moved away from Luna today.And no matter how much Luna announces, she will never recover.

Kavelj22

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Quote from: Rupok on May 13, 2022, 09:28:25 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.

This is no longer an easy task.

Users have lost confidence in the cryptocurrency market in general, and all aspirations are for the market to recover. What further complicates the scene is how scammers take advantage of Luna's situation and delude people into returning the project or the return of trust in him, and offering instead a scammed currency.

ScamViruS

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Quote from: nimogsm on May 21, 2022, 06:34:26 AM

The most important thing lost is trust.A lot of people are upset that they have lost large sums and their savings, although there were no direct prerequisites for this.If the developers start all over again and work more transparently, then there are minimal chances.

The way Luna dumped, no one expected from such a powerful project. When a project is dumped in this way, people lose trust in that project, as a result of which the team tries to recover and bring back the project later, but no effective result comes. So it seems to me that luna will have to go a long way to get them back to their previous position, which is a matter of whether it is possible or impossible. The Luna team going to fork and gives birth to another new coin. Performs such activities the biggest question now is how effective it will be to recover the huge losses.

SUPERSAIAN

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More than a week has passed since this topic was opened on May 12. The Luna foundation has announced a few recovery packages, but they were not very functional solutions. It seems impossible to me to rebuild it after such a drastic demolition. It is strange that the stock markets still do not delist persistently. Normally, Luna should have been delisted already.

abel1337

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Quote from: poodle63 on May 21, 2022, 12:39:52 PM

Quote from: Ojengonggu on May 21, 2022, 07:25:18 AM

If it's said that Luna will recover again, it might be a bit difficult because everyone also needs faith in Luna's growth and to see Luna grow and heal like before is a bit impossible because what has happened has forced them to return to Luna or give back their trust in Luna.
What Luna has to do now is to give them confidence again so that Luna's price will recover quickly.

The CEO of luna literally facing lawsuit as of now in korea, I think LUNA gonna be hardly reaching its former glory again, with all the law suits if something went wrong i'm sure it's gonna be such a trainwreck.
regardless LUNA has now become a shitcoin I think the volatility that current LUNA has alone already making this coin a low quality altcoins, instead i'd recommend anyone just to move on into other altcoins that are just better
and not repeat the same mistake all over again.

Yes, After Do Kwon published their recovery plan, A new problem arrives which is the law suit. I'm sure that the attention of the CEO of Terra will shift into the Law suit that can result in delaying the recovery plan. And addition to that, The Terra team legal team resigns which makes it harder for Do Kwon.

If ever Terra recovered and their UST is pegged again, I don't think the old Terra investors will trust the team same way before the crash.

poodle63

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Quote from: Ojengonggu on May 21, 2022, 07:25:18 AM

If it's said that Luna will recover again, it might be a bit difficult because everyone also needs faith in Luna's growth and to see Luna grow and heal like before is a bit impossible because what has happened has forced them to return to Luna or give back their trust in Luna.
What Luna has to do now is to give them confidence again so that Luna's price will recover quickly.

The CEO of luna literally facing lawsuit as of now in korea, I think LUNA gonna be hardly reaching its former glory again, with all the law suits if something went wrong i'm sure it's gonna be such a trainwreck.
regardless LUNA has now become a shitcoin I think the volatility that current LUNA has alone already making this coin a low quality altcoins, instead i'd recommend anyone just to move on into other altcoins that are just better
and not repeat the same mistake all over again.

Jocuserious

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i don’t think yes because a lot of capital will be needed to recover. You probably know how big investors can recover their lost money by relaunched luna from this luna project. Moreover, they will not be able to return to the market very soon because to be relaunched, a new community has to be formed. And must be contracted with large investor groups.

Mame89

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Quote from: Renampun on May 21, 2022, 09:06:15 AM

the question is if you are an early LUNA investor, do you want to invest your money again after you experience a big loss?

most investors are not stupid, they have a big trauma, so when they are deceived, their trust will not come back easily. LUNA has disappointed a lot of people, only those who don't know what happened to LUNA might want to invest in it (I'm not sure people don't know what happened to LUNA).

if I was a victim of LUNA investors I would not repeat saving LUNA coins my trust has been lost to the founder of LUNA. if someone returns to invest in LUNA, it could be something he knows, it's not stupid, it's up to each person's rights. like they said they would hold an airdrop for the victims of LUNA's investment which they promised on their twitter account

Tony116

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Quote from: Ojengonggu on May 21, 2022, 07:25:18 AM

If it's said that Luna will recover again, it might be a bit difficult because everyone also needs faith in Luna's growth and to see Luna grow and heal like before is a bit impossible because what has happened has forced them to return to Luna or give back their trust in Luna.
What Luna has to do now is to give them confidence again so that Luna's price will recover quickly.

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.

99Percent

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LUNA can never be saved because it has fallen too far in the LUNA Team it will cost a lot besides the cost to make a buyback, and it will not be possible. so Do kwon decided to create a new LUNA that doesn't depend on UST stable coin

pawanjain

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Quote from: lucks001 on May 12, 2022, 02:23:09 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.

The term "potential" should not be attested with LUNA any more because LUNA is no more a potential coin.
Either the Terra ecosystem had a huge flaw and someone took the leverage out of it or it was everything a well planned strategy.
But in the end it's the users who suffered huge losses which is why I think nobody will ever trust Terra foundation again.
People just wants their money back and I don't think they will ever invest in it again.
So the chances of LUNA recovering is very very small.

Cling18

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Lots of people have bought during the lowest price of Luna so lots of them are just waiting for the small pump to sell their investment and I guess that would make the value drop again. It will be hard for Luna to recover because most investors have lost their trust in it and it has now a bad reputation. There will only be small pump and dump that could happen but I see no future with this coin anymore.

Renampun

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the question is if you are an early LUNA investor, do you want to invest your money again after you experience a big loss?

most investors are not stupid, they have a big trauma, so when they are deceived, their trust will not come back easily. LUNA has disappointed a lot of people, only those who don't know what happened to LUNA might want to invest in it (I'm not sure people don't know what happened to LUNA).

uelque

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I doubt it can recover to be honest. Most coins I've seen that falls just like what happened to Luna have never recovered no matter what kind of recovery plans the team or devs behind do they just can't bring the value back. Maybe because people are already afraid on investing in it and that people already lost their trust to the coin and to the team. And we can't blame the people, who wouldn't lost a bit of trust if they lost a lot of money due to what happened. Many got traumatized I assume, and there is a possibility that some of them might leave crypto for what happened especially newbies that invested so much money in it.

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