Do Anyone Think Luna Will Recover? - page 9.

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Quote from: Frengki_cisco on May 21, 2022, 12:26:18 AM

I might have to think that anything can be done to crypto like what happened to Terra Luna, they are dropping prices lightning fast, it doesn't take a month per day Luna from $119 to $0.0001.

Recovery is like that, we all think maybe not, but it can be done, today they burned today Terra luna flew to the moon.

Terra Luna will definitely bounced back to a dollar price. Do Kwon is working on the project with other teams to put it back to limelight, and Luna was even burned which boost it's price to the moon. Let's be patient and wait for the team to do their work, although it will take time but Luna will stand once tall again. It's just a critical moment for Luna and the Crypto market. The only thing and the best alternative to do is to bear with the team and bagged more Luna for long-term.

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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.

I might have to think that anything can be done to crypto like what happened to Terra Luna, they are dropping prices lightning fast, it doesn't take a month per day Luna from $119 to $0.0001.

Recovery is like that, we all think maybe not, but it can be done, today they burned today Terra luna flew to the moon.

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Quote from: Lordhermes on May 20, 2022, 04:53:53 PM

Luna will still retraced back to a dollar price but it will take time. People behind the projects are working immensely on thr projects. I advised that any one investing in the coin should bagged at least $10 worth of the coin and then leave it for long term purpose. Because few months or years from now, the coin will pump massively and alot of people will benefit from the coin. Patience is needed at this period of time, because it's not easy to see your money go down in drains.

I think you should also consider the inflated amount of LUNA supply that already reached trillions, it's not gonna be easy for this coin in reaching $1 again for that simple fact. and also LUNA lately has become more or less like meme coins that basically become very volatile coin with zero underlying.
If any I think most of the current luna holders will just gonna dump their luna and move over to the new LUNA v2 and starting over again

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Luna will still retraced back to a dollar price but it will take time. People behind the projects are working immensely on thr projects. I advised that any one investing in the coin should bagged at least $10 worth of the coin and then leave it for long term purpose. Because few months or years from now, the coin will pump massively and alot of people will benefit from the coin. Patience is needed at this period of time, because it's not easy to see your money go down in drains.

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Quote from: Baofeng on May 14, 2022, 05:12:06 PM

Quote from: ninis45 on May 14, 2022, 04:59:52 PM

what happened to luna is the worst thing in the bear market right now but i suggest to bet on buying it at least 10$ because we know the luna project is a mature and conceptual project even though the price may not return to the previous price but we can take profit with a few cents increase

Much better though if we stay out of Luna for the time being. Let the people behind fix things first and at least gain the reputation back because it is totally damage now. Few cents profits is not good, you have to buy tons of Luna, but the thing is the risk involved. So for me, it's better to pool the money somewhere is so that you won't get caught and surprised if the price didn't recover soon because of the bear market.

after several options that Luna did to restore the price it didn't seem to work and I totally agree with your opinion for now it's better to stay away from getting a fatal loss.because in addition to the drastic destruction of the project, investor confidence in Luna was only a few percent and this is one thing that might make it very difficult for Luna to catch up with the price.

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Quote from: ninis45 on May 14, 2022, 04:59:52 PM

what happened to luna is the worst thing in the bear market right now but i suggest to bet on buying it at least 10$ because we know the luna project is a mature and conceptual project even though the price may not return to the previous price but we can take profit with a few cents increase

Much better though if we stay out of Luna for the time being. Let the people behind fix things first and at least gain the reputation back because it is totally damage now. Few cents profits is not good, you have to buy tons of Luna, but the thing is the risk involved. So for me, it's better to pool the money somewhere is so that you won't get caught and surprised if the price didn't recover soon because of the bear market.

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Quote from: Maestro75 on May 14, 2022, 01:34:48 PM

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.

You sounded so sure as if you are a god, but you are wrong. No one can say exactly how the market will behave and that is what everyone is witnessing now. I believe Luna will recover. But I will suggest that those buying it to make sure they do not do so with profit making in mind. They should buy like risk takers, and whatever comes out of it should be taken as part of risk.

Luna developers wouldn't allow it dead and worthless whatever challenges the coin is facing now is surmountable, I believe Luna developers are working round the clock to put it back on track, it developers would surely consider burn some of the coins, host it recovery process might take a long time before coming back to reckoning among the popular cryptos, Luna price made some remarkable improvement on Binance though it value has been down after the price dumped massively, though I can only invest in it with the amount of money I can afford to lose to avoid touching stories.

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what happened to luna is the worst thing in the bear market right now but i suggest to bet on buying it at least 10$ because we know the luna project is a mature and conceptual project even though the price may not return to the previous price but we can take profit with a few cents increase

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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.

Recover and gain their price or even close to it? I don't think so, we are talking about money here, will you trust a bank where you deposit $1 million and when it files for bankruptcy you only got $100k in return in the case of Luna it's even worse.

They may attract new investors because it's become a speculative asset but these investors are ready to dump the coins anytime
it's hard to build a community with Luna because of what happened and what happened to them is a reminder to always check the mechanism of the coin you're investing in, they are noW a bad part of Cryptocurrency history.

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Quote from: Russlenat on May 14, 2022, 04:33:01 PM

After seeing a big recovery from almost zero to $0.00675 (https://coinmarketcap.com/currencies/terra-luna/). I came here to check if you guys are considering on buying this coin, and based on what I read, looks like the majority of you think that LUNA is already dead, so I'm not gonna touch it, just watch some update and do a timely action.

you have to prepare for the worst on this coin if you are a holder. don't believe right away about the promise of the dev regarding the recovery of this coin. because for all we know, they are already preparing to disappear without a trace. we can't trust what they are saying to the public, because they can be doing the opposite. so for potential buyers, better don't get involve. or if you want to try buying in this dip. better use your extra extra funds where you are expecting no return.

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Quote from: goaldigger on May 14, 2022, 04:27:12 PM

Quote from: SistaFista on May 14, 2022, 11:14:52 AM

Well, it is very hard to say that Luna will recover in the near time.
We know that LUNA price is depends on UST price because the mechanism of UST and LUNA.
As long UST price is not $1, we can't say that LUNA price will recover. I am currently keep an eye on UST price and ready to buy LUNA.

It looks like UST will have a depegging, this can be their first solution?
Anyway, recovery up to $.5 is possible to happen but considering its total supply if this thing happens most probably LUNA will jumped again into the top positions. Better for LUNA to have a good burning mechanism right now so they can still attract new investors and a good chance for its recovery. Having a trillion of supply can’t give you a $1 value, that’s too impossible to happen for now.

Infinite supply you should say? We do know on what are the things to happen if we do have this kind of supply.People are really just too hopeful that it could reach out those extents.

As long they wont able to resolved it out or simply having burning of coins then there's no way that they could really get more investors even with that de pegging you do say.

People are smart but there are indeed people who do really loves to play with fire.

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After seeing a big recovery from almost zero to $0.00675 (https://coinmarketcap.com/currencies/terra-luna/). I came here to check if you guys are considering on buying this coin, and based on what I read, looks like the majority of you think that LUNA is already dead, so I'm not gonna touch it, just watch some update and do a timely action.

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Quote from: SistaFista on May 14, 2022, 11:14:52 AM

Well, it is very hard to say that Luna will recover in the near time.
We know that LUNA price is depends on UST price because the mechanism of UST and LUNA.
As long UST price is not $1, we can't say that LUNA price will recover. I am currently keep an eye on UST price and ready to buy LUNA.

It looks like UST will have a depegging, this can be their first solution?
Anyway, recovery up to $.5 is possible to happen but considering its total supply if this thing happens most probably LUNA will jumped again into the top positions. Better for LUNA to have a good burning mechanism right now so they can still attract new investors and a good chance for its recovery. Having a trillion of supply can’t give you a $1 value, that’s too impossible to happen for now.

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Quote from: lombok on May 13, 2022, 11:54:16 AM

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.

Not everything is as simple as I initially thought. LUNA is not so easy to buy, the exchanges either delisted or blocked the input/output of assets.

I recently read that the team has already published an action plan to restore the asset: https://twitter.com/terra_money/status/1524654729753956352

Quote

1. Proposal to burn the remaining UST in the community pool.
2. TFL will burn the remaining 371 million UST cross-chain on Ethereum.
3. TFL just staked 240 million $LUNA to defend from network governance attacks.

I also read that the possibility of rolling back the blockchain to when the attack began, as well as disbanding Terraform Lab, is being considered.

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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.

You sounded so sure as if you are a god, but you are wrong. No one can say exactly how the market will behave and that is what everyone is witnessing now. I believe Luna will recover. But I will suggest that those buying it to make sure they do not do so with profit making in mind. They should buy like risk takers, and whatever comes out of it should be taken as part of risk.

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I don't think that Luna will recover now. It's now become Luna Inu a meme coin. Supply is now in trillion and totally destroyed. Some people took risk when it was down after Binance news of delisting and made decent profit after Binance resume trading News come to market. Now Luna is just a memecoin and all their system totally destroyed.

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Well, it is very hard to say that Luna will recover in the near time.
We know that LUNA price is depends on UST price because the mechanism of UST and LUNA.
As long UST price is not $1, we can't say that LUNA price will recover. I am currently keep an eye on UST price and ready to buy LUNA.

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Quote from: kesmex on May 13, 2022, 03:20:10 PM

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

the key in Luna recovery only about trust, if investors have no more trust to DO Kwon and other developers team imposible luna could rise again. no one will buy luna and invest it for long term if this condition not going better. Luna need new backers for ventures to get their investors trust back.

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Quote from: lombok on May 13, 2022, 11:54:16 AM

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.

Things could not get this worse if they only heed the Binance team's suggestion to stop the chain right on time many have doubts about their recovery plans and if they implement the recovery plans the biggest question is will investors get back to trust them again, some bought Luna when it went crashing will these have values if they implement a relaunch, there are talks of snapshots until now the community is waiting for the next move and it should be a good move that can bring the community to trust them again.

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Quote from: 19Nov16 on May 13, 2022, 09:39:30 AM

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.

developers team need doing extraordinary effort to solve their problem. minting luna didnt solve at all and even make it worse everyday. Binance Ceo decided to suspend Luna trading in several pair ,and give pressure to Do Kwon and team to solve it immediately. No Luna trading pair Luna/Busd reopen again after CZ get commitment from Luna dev. we will see this progress could make investors trust back or not.

Topic: Do Anyone Think Luna Will Recover? - page 9. (Read 1782 times)