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Topic: ETH Is A Scam Like Terra Luna And Only Makes Millionaires Rich Who Hold 1000ETH (Read 494 times)

hero member
Activity: 2002
Merit: 670
Seabet.io | Crypto-Casino
Comparing ETH and Luna seemed ridiculous to me. Ethereum is a blockchain project that has been developed since 2015. We all saw what Luna was, it was managed with high interest rates and a central system, so it didn't take long. I think good money can be made with solid reliable projects such as bitcoin and ethereum, they still have great potential, we will see how many times it will increase in the next halvings.
sr. member
Activity: 2618
Merit: 439


comparing small startup aka new ponzi like that with the legit project like ethereum. What a joke man
Actually we are not sure how legit ethereum was but still not fair to compare to ponzi projects like Luna
I meant he was thinking if his project called koinos was worthy to be compared with the project like ethereum. Koinos was a brand new blockchain with the copy cat features like what already owned by so many existing blockchain in the platform. He was comparing the shit token with the major coin which doesnot even make sense for me.
Yeah and it is not what worth investing , and also I believe that OP is only sharing this thread because of he is promoting this Ponzi compared our precious Ethereum . and I will never choose new blockchain over ETH unless there is an assurance of this being a GEM .
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Both Terra Luna chains are crashing and to be honest I am glad about this, it is time those coins disappear, this scam affected not only those which were invested in the coin but a lot of people that were smart enough to stay away from it and still had to suffer the consequences, so at least to me the best thing it can happen is for Terra Luna to disappear once and for all, because if it keeps going then this is going to be something that the enemies of bitcoin and cryptocurrencies in general will keep pointing out to try to discredit this market that way.
Completely agreed on this mate , scam project must not continue to prosper instead we need to eliminate them as they may break another occasion in the future.

Lucky for me that I am not use in supporting pumped currency and project instead I am keeping my funds inside popular and safe coins like the top currencies


 because at least even if they were being dumped surely there is recovery soon .
We are going through yet another important drop in the market, and while this is bad at least we are seeing both Terra coins being affected by the drop as well, I just hope that this is enough to make those coins disappear, now I am sorry for those which invested in both Luna projects and they have my sympathy, but that does not mean that I do not think about what is best for the market in general, and without a doubt the best that it could happen to the market is for those coins and a great deal of other scams to disappear as well.
full member
Activity: 398
Merit: 100
I'm wondering where does the comparison come from. Eth has been with us for years and I haven't encountered any trouble with it and just like other good coins, it remained on top. It has been through different bear and bull seasons but it stood firm so I don't think it's comparable with Luna who has just existed and turned into nothing later on. Luna and Ethereum are two different coins with different potential and purposes.
I think he draws the comparison from when ETH also dropped to around $100 and then bound back to $3000-4000 price range. It means he thinks a coin like ETH could drop or be that volatility again, just like LUNA so yeah, that's where his points come from. He does have some merit but tbh, ETH and crypto market has been changed very much since 2017/2018, and very hard for it to hit that low point again. If he knows about the LUNA case, then it has nothing to do with the ETH as LUNA got de peg and lose its valve. Does ETH being pegged to something? Have a mint mechanic to print more ETH to keep the peg rate? NO, of course not so compare those two like a boat to orange. come on.
hero member
Activity: 1820
Merit: 537
I'm wondering where does the comparison come from. Eth has been with us for years and I haven't encountered any trouble with it and just like other good coins, it remained on top. It has been through different bear and bull seasons but it stood firm so I don't think it's comparable with Luna who has just existed and turned into nothing later on. Luna and Ethereum are two different coins with different potential and purposes.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
Investors that do take a gamble with those projects think that they'll get thousands multiplied with their capital. Luna and Eth are incomparable.
You saw how the attack went with Luna and the devs can no longer put it up. Whilst in Ethereum, it still keeps on going and there's no issue with it except the high fee that sometimes shown but it's much worse earlier this year and last, the fees were incredibly high and this time, it's much lower than it was. And to tell that ETH is a scam, it is the one that's being used to scam people with new projects and smart contracts.
legendary
Activity: 1680
Merit: 1343
I think ethereum will drop back around 1200 to 1350.. from studying the Fibonacci retracement over the recent years.  Ofcourse I can’t gurantee it. But I just think it’s substantially possible.
  I know people have lost a lot more than me, but I’m not a rich man.  I put most of my money in these things and it’s halved.  I’m holding because I have no choice.
Holding your coins is a good choice, dude, don't lose hope. Ethereum is one of the largest, most popular, and most trusted cryptocurrencies. If your coins halved, that's normal as the crypto market is very volatile. A coin can lose more than 50% of its value overnight. Nothing we can expect in this market, but it is not logical to say that the Ethereum coin is like Tera Luna, the Ethereum coin did not fail, it has a smart team that can make it steadfast.
hero member
Activity: 2492
Merit: 586
I think ethereum will drop back around 1200 to 1350.. from studying the Fibonacci retracement over the recent years.  Ofcourse I can’t gurantee it. But I just think it’s substantially possible.
  I know people have lost a lot more than me, but I’m not a rich man.  I put most of my money in these things and it’s halved.  I’m holding because I have no choice.
But it is not the question here instead it is about the comparison of Ethereum and Terra Luna and this is a different currency and a different project in which also has different supporters and this is the reality here.
Ethereum is a long run currency now while LUNA is just a scam project that exposed recently.
so there is no a like from these 2 .
Maybe he is trying to say that eth is following the path of luna because it will still drop a lot? But he shouldn't speculate like that because he himself invests invest on eth. Instead what he must do is try to be more positive. Eth and luna are both the same, they are cryptos and they are altcoins but they are different in terms of credibility as one if just a scam while the other is legit though there are some people that think eth is a scam coin.

Well, if that is what they think about then no problem but we who believe in eth can just close our ears. We know to ourselves if what is a true scam coin and what is a legit coin. They will only regret it soon once they see the big improvements coming from this coin.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
I think ethereum will drop back around 1200 to 1350.. from studying the Fibonacci retracement over the recent years.  Ofcourse I can’t gurantee it. But I just think it’s substantially possible.
  I know people have lost a lot more than me, but I’m not a rich man.  I put most of my money in these things and it’s halved.  I’m holding because I have no choice.
But it is not the question here instead it is about the comparison of Ethereum and Terra Luna and this is a different currency and a different project in which also has different supporters and this is the reality here.
Ethereum is a long run currency now while LUNA is just a scam project that exposed recently.
so there is no a like from these 2 .
sr. member
Activity: 1386
Merit: 326
Eloncoin.org - Mars, here we come!
I think ethereum will drop back around 1200 to 1350.. from studying the Fibonacci retracement over the recent years.  Ofcourse I can’t gurantee it. But I just think it’s substantially possible.
  I know people have lost a lot more than me, but I’m not a rich man.  I put most of my money in these things and it’s halved.  I’m holding because I have no choice.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
Both Terra Luna chains are crashing and to be honest I am glad about this, it is time those coins disappear, this scam affected not only those which were invested in the coin but a lot of people that were smart enough to stay away from it and still had to suffer the consequences, so at least to me the best thing it can happen is for Terra Luna to disappear once and for all, because if it keeps going then this is going to be something that the enemies of bitcoin and cryptocurrencies in general will keep pointing out to try to discredit this market that way.
Completely agreed on this mate , scam project must not continue to prosper instead we need to eliminate them as they may break another occasion in the future.

Lucky for me that I am not use in supporting pumped currency and project instead I am keeping my funds inside popular and safe coins like the top currencies


 because at least even if they were being dumped surely there is recovery soon .
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Why do people rather go in projects already up x2000 instead of going in early projects that will still go x2000?
There is a reason for that, you cannot trust majority of the projects and what they will fulfil. The team will raise money and there is no monitoring system in place to check whether they are working on something they promised and it is always a gamble to invest in any new projects but that is not the case with established ones and even though the profit percentage is low, they can handle them.
legendary
Activity: 2310
Merit: 1076
zknodes.org
If you're smart then I won't be wasting my time to find the next bitcoin ir next ethereum because we never know and it is complete waste of time. You doesn't have to expect 50x or 100x returns all the time, just go for 10% at regular intervals with compounding will make 1000x returns in long term with less risk and proven coins.
If they only want 50x to 100x returns in a fast time, of course they are just new investors who only expect profits without any longer effort to achieve a success.
Taking 10% profit is big enough, even 1% is enough, just need consistency.
The top coins are a good choice, although it is not a complete guarantee, at least we must also believe and do some research, so as not to get caught in a disaster like Luna coins.
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
If you're smart then I won't be wasting my time to find the next bitcoin ir next ethereum because we never know and it is complete waste of time. You doesn't have to expect 50x or 100x returns all the time, just go for 10% at regular intervals with compounding will make 1000x returns in long term with less risk and proven coins.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
terra luna is not growing instead it is dying now and only a small part who is recovering .

Because of the recent issue in which this project is abused and dumped who will invest more on this one?
While ethereum is still working towards growing and now is in the verge of hyping more in the coming halving few years to go.
Both Terra Luna chains are crashing and to be honest I am glad about this, it is time those coins disappear, this scam affected not only those which were invested in the coin but a lot of people that were smart enough to stay away from it and still had to suffer the consequences, so at least to me the best thing it can happen is for Terra Luna to disappear once and for all, because if it keeps going then this is going to be something that the enemies of bitcoin and cryptocurrencies in general will keep pointing out to try to discredit this market that way.
full member
Activity: 1708
Merit: 126
Quote
Since Terra Luna fell very deep in a short time and harmed many investors, I have considered Terra Luna a scam. Even now, Terra Luna's
reputation is very bad and we really shouldn't invest in Terra Luna. So it is very different from Ethereum which has a very solid development
team, even now Ethereum is still growing and is still the best altcoin. Then it is impossible for Ethereum to be a scam like Terra Luna,
therefore even if the price of Ethereum is too high it is still worth buying. Since the price of Ethereum will continue to climb even higher
in the future, meaning that when a bear market situation like now is a good time to buy Ethereum. It would be even better if we invest
long term in Ethereum, so we can make a huge profit from Ethereum
Ethereum is too different from Terra Luna. Eth has achieved lots of achievements for years and has proven us a lot. Terra Luna only proved to us that it's a scam and only made their investors lose a lot which even caused them depression and anxiety. Ethereum still has a huge potential and if we'll look at its price history, we could notice how it improved. I'm sure that it could reach more achievements in the future.
sr. member
Activity: 1876
Merit: 318
i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium
What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

For me Ethereum and Teraluna are two very different coins.
And it's true what you said that if Teraluna is also a new project that is growing while Ethereum has been alive and well for years, I think it's impossible for Ethereum to also be a scam like Teraluna.
terra luna is not growing instead it is dying now and only a small part who is recovering .

Because of the recent issue in which this project is abused and dumped who will invest more on this one?
While ethereum is still working towards growing and now is in the verge of hyping more in the coming halving few years to go.

Since Terra Luna fell very deep in a short time and harmed many investors, I have considered Terra Luna a scam. Even now, Terra Luna's
reputation is very bad and we really shouldn't invest in Terra Luna. So it is very different from Ethereum which has a very solid development
team, even now Ethereum is still growing and is still the best altcoin. Then it is impossible for Ethereum to be a scam like Terra Luna,
therefore even if the price of Ethereum is too high it is still worth buying. Since the price of Ethereum will continue to climb even higher
in the future, meaning that when a bear market situation like now is a good time to buy Ethereum. It would be even better if we invest
long term in Ethereum, so we can make huge profit from Ethereum.
jr. member
Activity: 87
Merit: 1
Bro, take your meds, srsly.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
Why do people rather go in projects already up x2000 instead of going in early projects that will still go x2000?
Because what you wanted from people is to find a GEM and that is a once in a Million chances  so why risk in so much harder to find when existing coin had already bring us profit and still bringing us profit till now?

Am not sure what is your motive here but I don't think we need to comply on what you are saying here.

Honestly ? had invested i Ethereum over the years and yes it only brings me good return though taking sometime most of the time .
full member
Activity: 1736
Merit: 116
i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium
What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .
Luna is not expensive as eth, that is why even the poor people are also involved in it but for eth that can be true because eth is expensive as well as its gas fees. Eth is an old coin but in terms of progress? I think it had stopped long time ago. The said eth 2.0 plans for eth have been on going for years and still no real answers if it is still active or when it will exactly end. Terra luna on the other hand is not really that new but it was started 2 year years ago, unfortunately it meet his untimely end.

Luna and eth can be the same because both are altcoins however their faith are different because one is still alive and kicking while the other is already dead.

Although Ethereum is more expensive than LUNA, Ethereum is not just for the rich. However, even poor people can invest in Ethereum,
because poor people don't need to buy 1 ETH to invest in Ethereum. So poor people can buy Ethereum according to their financial ability,
maybe the high gas fee will indeed burden poor people who want to use the Ethereum network. But the advantage of Ethereum compared
to LUNA is that Ethereum has a better team, able to make Ethereum continue to grow and become the best altcoin until now.

Then regarding the problem of high gas fees, I believe one day the Ethereum team will fix it. Therefore, Ethereum is a project that has lasted
long enough in the crypto world, in contrast to LUNA, which in my opinion has an unprofessional team, therefore LUNA's performance is very bad
this year and can be said to be a scam project. I felt lucky from the start that I trusted Ethereum more than LUNA, and it was proven that my trust
in Ethereum was not in vain. Because I have managed to make quite a large profit by investing in Ethereum.
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