is it possible UST recovered ? - page 2.

nur rochid

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Quote from: rugrats on May 27, 2022, 12:11:45 AM

Quote from: $anounimus$ on May 26, 2022, 11:33:31 PM

Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

Recovery is definitely possible but it will take time especially after the Terra (LUNA) incident. Like other investments, the future of UST is uncertain and no one knows how it will turn out and maybe UST isn't over until it's finished. But I think it's a good bet, even now, for last a long time at UST.

Ust is minted from luna burning so how to recover when old luna token has been removed from exchanges and replaced by new luna token and the new luna has nothing to do with just. There are so many value tokens worth investing out there, why can't we just buy them. really ust is dead and nothing can be salvaged.

Indeed, many people have not been able to wake up from the Luna incident, many are still full of hope that UST will return to normal. but we have to think logically, it seems difficult to recover to its original condition. but if we still have faith, I think don't use your full capital to invest in it, because the risk is high. indeed there are many other coins that are worth making a profit. don't be too optimistic with our expectations, but we must learn to understand the market's desires

funteki

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Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

there is no chance to recover for a stable coin which is 0.05 rn

rugrats

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Quote from: $anounimus$ on May 26, 2022, 11:33:31 PM

Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

Recovery is definitely possible but it will take time especially after the Terra (LUNA) incident. Like other investments, the future of UST is uncertain and no one knows how it will turn out and maybe UST isn't over until it's finished. But I think it's a good bet, even now, for last a long time at UST.

Ust is minted from luna burning so how to recover when old luna token has been removed from exchanges and replaced by new luna token and the new luna has nothing to do with just. There are so many value tokens worth investing out there, why can't we just buy them. really ust is dead and nothing can be salvaged.

$anounimus$

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Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

Recovery is definitely possible but it will take time especially after the Terra (LUNA) incident. Like other investments, the future of UST is uncertain and no one knows how it will turn out and maybe UST isn't over until it's finished. But I think it's a good bet, even now, for last a long time at UST.

bitcub

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I guess it won't recover anymore as the "LOYAL INVESTORS" of Luna who got rekt and liquidated have already left this coin, some committed suicide. Just remember what happened to Bitconnect if this coin will comeback no one will surely invest to this shitcoin. So i guess the reliable stable coin as for now is BUSD or better leave the crypto space for now withdraw your asset and wait for BTC to start bull run.

bitkanu

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Quote from: topman21 on May 22, 2022, 07:43:34 PM

Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

How do you protect UST? How do you recover UST where a stable coin 0 can come.People have now lost all faith in this UST. Now people have moved away from this UST. They will no longer invest in this UST. This UST platform has thrown people into a lot of destruction.

yeah even it seems UST is like an abandone altcoin, the value has fallen so low that it's just waste of money recovering it back, honestly anyone should just ditch this one and move with better similar coin like USDT, USDC and anything that's not algorithmic stablecoins.
Frankly, I doubt it could even recover back to $0.2 let alone back to $1 again because simply put most of us has lost trust in this coin and surely not gonna repeat the same mistake again.
after all, there are many alternatives for our investment, and some of them are backed by real money.

Rigon

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Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

It's impossible. UST can never be recovered. When a stable coin moves to such a position, it is not possible for anyone to recover it.No matter how hard the team tries, it won't work. There was a time when they corrected their mistakes but they could not.Tera Luna UST is theirs today for their mistake

kryptocanon

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Maybe we should talk about LUNA getting recovered first before UST, because as far as I know, there's no UST without LUNA. However, it's good to have the LUNA 2.0 here.. Let's see how it turns out.

hugeblack

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If you still believe that this project will come back, it is better that you provide your faith in something truly decentralized like Bitcoin because the centrality offered by this project says that it will not come back unless many investors put their money in it, and after this failure there is no reason to deposit money with them .

Quote from: bittraffic on May 26, 2022, 04:31:58 AM

They are about to start it, I am thinking of getting in even just worth alittle amount grabbing 100K LUNA for the snap. If the price of v2 will be like $1, that's a very good profit. Its the possibility of it going to a $ will be doubted by many of the speculator.

According to the last I read, they will get rid of the concept of stablecoins, and then it will be only Luna coin (OLD LUNA and HardFork LUNA CLASSIC) with an attempt to pump the price to restore trust, in other words they admit the failure of their software.

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Quote from: kojektea on May 26, 2022, 04:17:49 AM

Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

Impossible. Dev has tried his best for UST to recover, he even spent hundreds of thousands of bitcoin dollars for all bitcoins to ensure UST remains stable but can't make it return to all prices until the supply of LUNA and the LUNA-UST protocol is stopped and it has been abandoned by dev. They're about to start LUNA v2 but as for the fate of UST I think it will really disappear from existence.

What would they use as stablecoin in Luna v2? I did read some users talking that they will be using USDT as reserve to peg their stablecoin. Is it confirmed?

They are about to start it, I am thinking of getting in even just worth alittle amount grabbing 100K LUNA for the snap. If the price of v2 will be like $1, that's a very good profit. Its the possibility of it going to a $ will be doubted by many of the speculator.

Dr.Osh

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Quote from: kojektea on May 26, 2022, 04:17:49 AM

Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

Impossible. Dev has tried his best for UST to recover, he even spent hundreds of thousands of bitcoin dollars for all bitcoins to ensure UST remains stable but can't make it return to all prices until the supply of LUNA and the LUNA-UST protocol is stopped and it has been abandoned by dev. They're about to start LUNA v2 but as for the fate of UST I think it will really disappear from existence.

Another reason is that even when the CEO of Terra tries to cover UST, people continue to lose faith in the project he owns. I think, it is very difficult to recover. it's a stable coin, and very prone to crashing again once it's recovered, in fact, I think people prefer to use other stable coins over UST. so far the price is still under $0.1, and it proves that this is a stable coin that failed.

kojektea

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Quote from: montana25 on May 13, 2022, 09:52:31 AM

is it possible UST recovered ?

Impossible. Dev has tried his best for UST to recover, he even spent hundreds of thousands of bitcoin dollars for all bitcoins to ensure UST remains stable but can't make it return to all prices until the supply of LUNA and the LUNA-UST protocol is stopped and it has been abandoned by dev. They're about to start LUNA v2 but as for the fate of UST I think it will really disappear from existence.

ZAINmalik75

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Definitely not because it's de-pug too badly and in my view it's can't be recovered because according to Luna team ust is the main reason of Luna dump so in mind no one will be trust on ust and no one will invest his fund in ust after that kind of situation. So move on and stay away from ust if you didn't want your fund loss again

hichamito37

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The fact that Luna will release a new version and no ust will be minted from the new version, this is the end for just. Luna and ust failed, I think Luna v2 will be Dokwon's next death. Don't catch the bottom with these 2 shitcoins if you don't want to keep losing money with it.

dtpman83

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Having two competing chains LUNA classic and LUNA v2 makes it even more difficult.
Besides the fact that Do Kwon is a criminal and no one trusts him. He sold the BTC reserve OTC instead of defending the peg. He even sold more than 800 million UST to buy LUNA.

UST is not even considered to be part of the new LUNA V2 anymore. We can not count on Do Kwon or the terra team.
Especially after the tweet "UST is more than Luna"...

For new buyers they definitely should stay away.

For pre depeg holders: I personally hold on to UST. Not because i think it repegs. More for legal reason because i simply just not know if selling is the right move.
There are tons of class actions going on. They are free for the victims, but laywers get a big percentage if they win. If the laywers loose, they have to pay the cost by themself.
Joining legal action does not cost anything for those contigency based. We can only win by it.

Check out Fatmans Discord server for legal companies joining. They have 3 big companies, one called Roche in the US. Others will be revealed later i think.

Fatmans Discord Server for UST victims:
https://discord.gg/k3DPgn9ds6

amihada

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Right now it is very difficult to say ust will recover because the price has dropped drastically even if it will recover it will take a long time to get back up yesterday i read that luna will launch a new coin but it's just a waste in my opinion do you agree with me?

RussianEnglishTranslation

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Projects and the community have left Luna and are moving to blockchains like NEAR, BNB chain, and Candlelabsdotorg. These chains are providing airdrops, bounties, and grants for developers.

Exio.tech

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This was a big deal in our history. Top 10 coin LUNA and its stabile coin UST want through a death spiral and crush devastatingly.
Unfortunately, the UST stabile coin is gone and not coming back but there is small hope for LUNA.
LUNA is a blockchain that has a lot of good projects on it and users are still interested in them.
Not every project is gona work out but there is hope for some of them. If those projects going to succeed LUND can have a use case as a coin which is used for transaction fees on its blockchain instead of UST

Xampeuu

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Quote from: Wildwest on May 23, 2022, 03:01:32 AM

This may happen because the project team is trying to fix the existing problems, but it all takes time and I think it will take a very long time because the value is currently very low, in fact UST is a stable coin that has long been the full confidence of investors but due to the LUNA project, UST is also badly affected at this time, recovery is being done hopefully will return to the highest value.

but it becomes a serious risk when ust slumps like today to return to its original condition if we want to invest. very risky to put most of our capital in it. but if you use a little capital, I don't think it will be a problem, who knows the condition can recover and we become new rich people. even though the devs are trying to fix it, it feels like it will take time to restore the condition to its original state, especially during the current bearish season

fortuner

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Quote from: Wildwest on May 23, 2022, 03:01:32 AM

This may happen because the project team is trying to fix the existing problems, but it all takes time and I think it will take a very long time because the value is currently very low, in fact UST is a stable coin that has long been the full confidence of investors but due to the LUNA project, UST is also badly affected at this time, recovery is being done hopefully will return to the highest value.

because in the past UST also had a collaboration with tera luna so that when a problem occurred with tera luna, it would be fatal for UST as well.
We hope that there will be good developments with UST so that everything will be fine again and the price of UST has also started to recover and is expensive again.

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