Topic: is it possible UST recovered ? - page 3. (Read 983 times)
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.
I think they plan to do a 2.0 of their project, right? I know that UST is not backed by anything but Luna is with BTC, but it's not enough. With everything that's happening, like the minting of Luna before May 14 and attempting to have Luna 2.0 be distributed to those holding Luna pre-crash, to the UST holders, etc., it's not going to be enough, I think.
What I'm concerned about is what the people who have put their trust in Terra will do if they don't have any reconciliation or something.
https://agora.terra.money/t/terra-ecosystem-revival-plan-2-amended/18498
Looks familiar in terms of the plans indicated on the station.
What I'm concerned about is what the people who have put their trust in Terra will do if they don't have any reconciliation or something.
https://station.terra.money/proposal/1188
Another suggestion to restore the UST price. But there is very little chance that it will be accepted.
Until now, there's no more votes on this one. It would be highly unlikely that this will be accepted. This was submitted 11 days ago already.Another suggestion to restore the UST price. But there is very little chance that it will be accepted.
It is likely that this proposal will be accepted:
https://station.terra.money/proposal/1623
And then the price of UST will fall sharply.
So this is it right? https://station.terra.money/proposal/1623
And then the price of UST will fall sharply.
https://agora.terra.money/t/terra-ecosystem-revival-plan-2-amended/18498
Looks familiar in terms of the plans indicated on the station.
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.
The success and failure of any project in cryptocurrency depends on the investors. I think fall in UST has had a kind of negative impact on investors. As a result, it cannot be easily recovered as a stable coin. But everything depends on the team. If the team is honest and financially prosperous then there is a possibility of taking it back but it is impracticable. Naturally they will try to move on with their Luna coins.
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.If there's recovery happen with this for sure it will take a lot of time before this things happen because first as you said investors already lost their confidence on LUNA and for sure those people who get liquidated for what happen on that project will never invest any cents on them because they afraid to suffer the same scenario again. Also maybe its good to follow what their devs do because if they fail to provide concrete action towards this issue then maybe we can see UST fail to recover.
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. 
is it possible UST recovered ?
Nah, they've been exposed who in their right mind would deal with them again? Pegged coins are open to attacked lime these I'd be weary to be sitting in any pegged coin right now. Never made sense to me to begin with now I know why lol.
The fact that they even dare to try a new start after such a disaster is quite crass. But the trust in the project is gone for good, so I can't imagine that the "new" Luna will be successful in the long run.
I'm sure there gonna be always some betters that think LUNA will start anew and become just as successful basically stimulating the LUNA market in the future but that's not gonna lasts for long.as you've said, the trust in LUNA has long gone, so many has become the victims, the founder is facing lawsuit, I think the new version of LUNA will also be such a disappointment and gonna plummet so hard in term of value.
we aren't lacking any similar cryptocurrencies like LUNA, just mention a few, matic and solana just as good as LUNA before the disastrous event happened.
Quote from: Faisal2202 link=topic=5398523.msg60173997#mya[list
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[/list]sg60173997 date=1652972185]
Seems impossible, pegged token is deppeged now as the pool curve got skewed when the team withdrew money from it, high selling pressure effected its stability thus peg goes down in trying of making ust stable they sold their btc reserve to add money in curve pool but their selling causes the market to move down more as they sold 80k btc, due to which btc dominance decreases,
Usdt is not the way to determine the valueof a real stable coin. The Usdt stable coin is determined by many factoros.[li][/li]
[/list]sg60173997 date=1652972185]
Seems impossible, pegged token is deppeged now as the pool curve got skewed when the team withdrew money from it, high selling pressure effected its stability thus peg goes down in trying of making ust stable they sold their btc reserve to add money in curve pool but their selling causes the market to move down more as they sold 80k btc, due to which btc dominance decreases,
When you bet on a stable coin in the actual position then you are in a so much risk position from a technical position. A st
Nope. I may accept the luna crush cause its not a new thing that, altcoins can scam. But i wonder and can't believe my eyes when i saw a stable coin Ust dump 90℅. I thought It'll be recovery cause stablecoin can't dump! But affer an analysis, i got that luna ust Isn't work like others stablecoin. It is dead with luna and there's no hope that can let it back. It's better to move on if you are a holder of ust
It gets much worse for me to be honest because if everyone buys LUNA because of the airdrop snapshot, then when it distributes and enters the market both LUNA, UST and the newly-forked LUNA will both go down as traders start to dump it as it’s free money. Just my opinion.
I guess users will throw it away after the snapshot is done because the old luna token is no longer meaningful to the holder, I think the token is worth using for short term profit before the snapshot, I might doubt whether binance will support the fork proposal or not as CZ seems to reject the proposal.The fact that they even dare to try a new start after such a disaster is quite crass. But the trust in the project is gone for good, so I can't imagine that the "new" Luna will be successful in the long run.
When it was 60+ cents or so and the team still worked on making it a possibility, I understood it. However, when we are talking about 12 cents now it's clear to me that it is not going to be doing anything good at all. We are going to end up with something much worse.
So, I would like to hope that maybe crypto would not end being bad, because it was after Luna situation, but UST/LUNA both will be bad and stay bad. This is something that I really hope gets better, and I would love to see both recover, but I just have absolutely no hope for it to happen at all. I believe that people will end up with nothing at all in the long run.
So, I would like to hope that maybe crypto would not end being bad, because it was after Luna situation, but UST/LUNA both will be bad and stay bad. This is something that I really hope gets better, and I would love to see both recover, but I just have absolutely no hope for it to happen at all. I believe that people will end up with nothing at all in the long run.
It gets much worse for me to be honest because if everyone buys LUNA because of the airdrop snapshot, then when it distributes and enters the market both LUNA, UST and the newly-forked LUNA will both go down as traders start to dump it as it’s free money. Just my opinion.
I guess users will throw it away after the snapshot is done because the old luna token is no longer meaningful to the holder, I think the token is worth using for short term profit before the snapshot, I might doubt whether binance will support the fork proposal or not as CZ seems to reject the proposal. 
Seems impossible, pegged token is deppeged now as the pool curve got skewed when the team withdrew money from it, high selling pressure effected its stability thus peg goes down in trying of making ust stable they sold their btc reserve to add money in curve pool but their selling causes the market to move down more as they sold 80k btc, due to which btc dominance decreases,
is it possible UST recovered ?
Correct me if I’m wrong, but I don’t think UST will become relevant anymore. It won’t survive for long, and it may even cease to exist in the near future if LUNA keeps falling down. Even the proposed LUNA fork by Do Kwon won’t guarantee that it would mark the biggest comeback of LUNA.
It gets much worse for me to be honest because if everyone buys LUNA because of the airdrop snapshot, then when it distributes and enters the market both LUNA, UST and the newly-forked LUNA will both go down as traders start to dump it as it’s free money. Just my opinion.
If the team wants to revive the project then there is no reason the project will re-develop but all that takes a process because many investors are disappointed with UST and they have suffered many losses, and I believe when the recovery occurs then investors start to doubt the coin and they will definitely look for a more convincing project and do not want to experience the same thing again and also they do not want to spend time with the coin Projects that have fallen.
https://station.terra.money/proposal/1188
Another suggestion to restore the UST price. But there is very little chance that it will be accepted.
It is likely that this proposal will be accepted:
https://station.terra.money/proposal/1623
And then the price of UST will fall sharply.
Another suggestion to restore the UST price. But there is very little chance that it will be accepted.
It is likely that this proposal will be accepted:
https://station.terra.money/proposal/1623
And then the price of UST will fall sharply.
Someone made an analysis and claims that the bitcoin reserve is sitting on that address: 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
There are indeed over 90k BTC there.
When i look at the richest adresses it says Binance cold wallet.
https://www.reddit.com/r/terraluna/comments/us4v5m/the_rabbithole_that_lead_to_do_kwons_missing/
Have no idea if the analysis is true however. Take it with a grain of salt.
https://bitinfocharts.com/de/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
Maybe someone of the more experienced members can say if that is nonsense or could be real. Those latest transaction are from 10.05 to 12.05 are important where 25k btc and 40k btc entered or left
There are indeed over 90k BTC there.
When i look at the richest adresses it says Binance cold wallet.
https://www.reddit.com/r/terraluna/comments/us4v5m/the_rabbithole_that_lead_to_do_kwons_missing/
Have no idea if the analysis is true however. Take it with a grain of salt.
https://bitinfocharts.com/de/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
Maybe someone of the more experienced members can say if that is nonsense or could be real. Those latest transaction are from 10.05 to 12.05 are important where 25k btc and 40k btc entered or left
Forget those bitcoins. Luna developers and do kwon interested to issue the new token through forking the blockchain instead of doing burn or something else. I don't know how many conversion rate that will be used by the developers but i have very bad feeling about that.
More parties are taking legal action against do kwon.
This will become a very long drama. Do you agree with the fork that will be done by luna?
No. I not believe anything those scammers say or do. They are just playing with their users to gain more or mostly just to distract from their criminality. Also it seems Do Kwon has fun to rally Luna holders against UST holders. The proposal is shit. It even favours UST holders who bought for 10 cents after the attack than those who did hold over months or years and bougt for 1 USD... . Pure Scam.
They left 80 million out of 3,9 billion for 99 percent of its users. That should say enough.
There are so many disgusting news coming out. https://twitter.com/FatManTerra
Yeah i just watched fatman's tweet and it's full with so many parties in the various countries are starting to take legal action against do. Will we see interpol to join in this case as well?
Im also disagreed with the proposal but so many people are being fooled by by do. in the first vote majority of people and holders have been voting no for the proposal but do didn't feel good with it and he was doing another shady thing like changing the mechanism. That's only holders that can vote and voting power also based on how much luna owner by voters.
This is actually unfair.
Someone made an analysis and claims that the bitcoin reserve is sitting on that address: 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
There are indeed over 90k BTC there.
When i look at the richest adresses it says Binance cold wallet.
https://www.reddit.com/r/terraluna/comments/us4v5m/the_rabbithole_that_lead_to_do_kwons_missing/
Have no idea if the analysis is true however. Take it with a grain of salt.
https://bitinfocharts.com/de/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
Maybe someone of the more experienced members can say if that is nonsense or could be real. Those latest transaction are from 10.05 to 12.05 are important where 25k btc and 40k btc entered or left
There are indeed over 90k BTC there.
When i look at the richest adresses it says Binance cold wallet.
https://www.reddit.com/r/terraluna/comments/us4v5m/the_rabbithole_that_lead_to_do_kwons_missing/
Have no idea if the analysis is true however. Take it with a grain of salt.
https://bitinfocharts.com/de/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6
Maybe someone of the more experienced members can say if that is nonsense or could be real. Those latest transaction are from 10.05 to 12.05 are important where 25k btc and 40k btc entered or left
Forget those bitcoins. Luna developers and do kwon interested to issue the new token through forking the blockchain instead of doing burn or something else. I don't know how many conversion rate that will be used by the developers but i have very bad feeling about that.
More parties are taking legal action against do kwon.
This will become a very long drama. Do you agree with the fork that will be done by luna?
No. I not believe anything those scammers say or do. They are just playing with their users to gain more or mostly just to distract from their criminality. Also it seems Do Kwon has fun to rally Luna holders against UST holders. The proposal is shit. It even favours UST holders who bought for 10 cents after the attack than those who did hold over months or years and bougt for 1 USD... . Pure Scam.
They left 80 million out of 3,9 billion for 99 percent of its users. That should say enough.
There are so many disgusting news coming out. https://twitter.com/FatManTerra
Yes in long term but now ithink not. The dev is plan to release new token hard fork. Do you think people are still trust the team? So many investors lost money. Ithink ust recovered is 50/50 for me
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