Here you can read about hte dissolving
https://cointelegraph.com/news/court-documents-reveal-do-kwon-dissolved-terraform-labs-korea-days-before-luna-crash
Topic: Holy Crap ! Terra is gone to zero ?!?! - page 2. (Read 623 times)
I have been to crypto since 2016 but I never seen this blue chip coin almost gone to zero value that drastically nosediving and created so much noise in the market industry and made people losing too much money on terra. I saw post on twitter some committed suicide over this and it's unbelievable to bear that few people taken their lives in this industry.
It's normal to not see this coin on the 2016 era because terra coin was only created at 2018 but I think this coin and ust have only started crashing by this year 2022. That means the coins have been performing good for almost 4 years. No wonder why many people have invested huge on those coins because they already feel confident.It may be unbelievable to you or to some to think that some take their lives only because they lost their investment on terra and ust but that things do really happen. There are even commit suicide without even losing anything on investments but they are just depressed. There are just people that are highly sensitive.
...If the developer successfully does this, maybe it can help Luna get a good position. But I still have doubts about it.
Even if Do Kwan succeeds in realizing all his plans, he will not regain the trust of investors in full to the Terra blockchain. After receiving their compensation, investors will sell UST and buy a more reliable stablecoin, for example, such as USDC and BUSD.
Terra was a scam from the start and people are finally starting to realize that. It was hyped by VC and a couple prominent youtubers and these insiders were able to cash out using the Terra reserves before the collapse. Fortunately for retail investors, some projects are offering aidrops to Luna holders, like CandleLabs, and others are poaching developers- both $CNDL and NEAR protocol.
I have been to crypto since 2016 but I never seen this blue chip coin almost gone to zero value that drastically nosediving and created so much noise in the market industry and made people losing too much money on terra. I saw post on twitter some committed suicide over this and it's unbelievable to bear that few people taken their lives in this industry.
Have you ever seen bitconnect? that's pretty similar with what happened on luna, bitconnect was also on the top 10 cmc but this ponzi token was dropping drastically after the founder declared that if bitconnect was a scam. The different thing is if luna was getting fail to repeg its ust and this is affecting the whole of ecosystem. In my opinion if you must aware it doesn't even matter whether that's bluechip or not but as long as there was something wrong with it and it can go down drastically. 
Down 100 % on CoinMarket Cap !! What !?!
That's what happens in the crypto market. No one ever thought that Luna could experience such an incident and cause many people or investors to suffer losses. This is a valuable lesson for all of us always to be careful choosing coins for investment because there is no guarantee that the coins will last for a long time. But who knows, Luna still has a chance to rise again after what the developer did to provide some important updates to the project. If the developer successfully does this, maybe it can help Luna get a good position. But I still have doubts about it.
I have been to crypto since 2016 but I never seen this blue chip coin almost gone to zero value that drastically nosediving and created so much noise in the market industry and made people losing too much money on terra. I saw post on twitter some committed suicide over this and it's unbelievable to bear that few people taken their lives in this industry.
This is the crypto world can all happen and unlike what we have predicted before, moreover, the LUNA project is one project that is relied on a lot of investment and has the possibility of growing in the future, but what happens is the opposite of the drastic decline that occurs until there is a threat of coin deletion on large exchanges, of course this is a very big panic that we have felt, Hopefully recovery will happen soon.
Down 100 % on CoinMarket Cap !! What !?!
Better try to look at other tokens that have potential, compared to this one token, Luna was only affected by the hype at the time, so she really went up in a fairly short time, no future for this token, it's rare that tokens can deliver returns in chaotic market conditions, and Luna isn't really strong and it's time to leave the tokenBut because there were investors who were harmed by Luna at that time, it is now very difficult to find new investors who want to trust Luna again.
Down 100 % on CoinMarket Cap !! What !?!
The Luna team is trying to recover, but it has not yet released a roadmap on what they are trying to do or what they want to do. They decided to make new coins. In that case the current coin is in the market. One thing is clear that Luna is not finished. However, before investing, it must be done with caution.
It is again rising but those who have lost millions in it will never trust it again and you should also be careful while investing in these stable coins as they have shown they are not stable.Most of these coins will go to zero in coming time but people are not seeing it and have short term perspective but hold some good coins for long term which is better.
It wasnt an accident. It was an Exit Scam. Do Kwon closed offices in Korea and deregistered Terra Form Labs a few days before the crash. Trust me bro there are many other evidences for an exit scam
Try to share other evidence here so that everything becomes very complete for everyone to see and everyone can immediately believe what you say even though for now I have also stayed away from Luna and tokens related to Luna such as UST.After the attack of Luna and UST, more people are also providing misinformation regarding Do Kwon and Terraform lab and in this kind of situation, we cannot blame them since they have lost a lot of money. There is no news if we saw a lot of FUD and FOMO that connects to Terra.
There is also roaming news that is spreading across the internet that a lot of South Koreans are buying and hoarding more Luna hoping that the value will rise up again. We never know what will happen after the snapshot of post-attack this coming 27th of May and the best thing to do now is to invest only you can afford to lose and maybe it will be worth it in the future.
It wasnt an accident. It was an Exit Scam. Do Kwon closed offices in Korea and deregistered Terra Form Labs a few days before the crash. Trust me bro there are many other evidences for an exit scam
Try to share other evidence here so that everything becomes very complete for everyone to see and everyone can immediately believe what you say even though for now I have also stayed away from Luna and tokens related to Luna such as UST. 
Is it a good idea to buy some LUNA now??
Depends. If you are a degenerate gambler, any time is a good time to buy anything. If you want to make serious long term investments, then NO. Terra isn't something you should buy. The price of terra can have infinite number of zeros after the coma. That means even though it is down 99.99% from the ATH price, it may go down another 99.99% from here. Just because something fell by 99.99% don't mean it is a good time to buy it.
I start noticing its downfall when luna was around $58 per token and gradually it going dump. I bought luna for cheap as an opportunity
cause i thought its temporary but i was wrong as i was unknown about the reason behind the dump. Then i saw how to was $9... To $6.... $3.... I bought more and then i sold with loss. Cause i realize that luna is going to end. After that it was thousands percentage down from my sold price lol. And now it can be considered as zero
cause i thought its temporary but i was wrong as i was unknown about the reason behind the dump. Then i saw how to was $9... To $6.... $3.... I bought more and then i sold with loss. Cause i realize that luna is going to end. After that it was thousands percentage down from my sold price lol. And now it can be considered as zero
it's common in cryptocurrency because here is full of risk, even if you really believe in coins it may not necessarily bring success in the future, like LUNA which is in the top position even the top 10 in coinmarkecap can still be destroyed now. However, don't worry the Korean government is willing to investigate this matter, Do Kwon as CEO of Terra LUNA is also thinking about how they can be responsible for all this.
This is a big accident that has been felt by many investors and they did not expect that terra luna could decline by 100%, and currently they are in a very big problem and want to replace new coins to get investors interested, and all this requires a process of updating and it takes a lot of time to be able to return to normal and gain the full trust of investors who have harmed them.
It wasnt an accident. It was an Exit Scam. Do Kwon closed offices in Korea and deregistered Terra Form Labs a few days before the crash. Trust me bro there are many other evidences for an exit scam
Is it a good idea to buy some LUNA now??
Down 100 % on CoinMarket Cap !! What !?!
it was and that's the sad fact after all. but as of the moment it has a good percentage, imagine 76% green? wherein, seems someone wants to make pumps despite of situation.. It's not normal tbh amd this is the first time i saw a crypto that plunges but it's green and has big percentage. if this is a sign of manipulation for sure there will be more millioner in the future. 
This is a big accident that has been felt by many investors and they did not expect that terra luna could decline by 100%, and currently they are in a very big problem and want to replace new coins to get investors interested, and all this requires a process of updating and it takes a lot of time to be able to return to normal and gain the full trust of investors who have harmed them.
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