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Topic: Is Terra Classic scam? - page 4. (Read 1214 times)

hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
August 01, 2022, 09:35:51 AM
#90
Those people who invest when the price on it's high will call it a scam token but for those who invest at the bottom price will call it a chance/opportunity. It depends on which side you are, for now Terra classic still has a big community that supports the ecosystem so as long as the community is alive then Terra Classic will move on despite its bad history.
Opportunity for what? i think that you talked about BS. there's no opportunity in terra except if you are only a scalpers that was taking a big risk by getting at the bottom but sell it at the top. So many people sued the company caused by the incident that happened a few months ago. You must see the reality rather than tried to believe what said by those scalpers. they were also losing their money.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
August 01, 2022, 06:50:49 AM
#89
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Those people who invest when the price on it's high will call it a scam token but for those who invest at the bottom price will call it a chance/opportunity. It depends on which side you are, for now Terra classic still has a big community that supports the ecosystem so as long as the community is alive then Terra Classic will move on despite its bad history.
legendary
Activity: 3066
Merit: 1129
August 01, 2022, 04:12:01 AM
#88
Any sort of Terra is a scam, not just the classic. Sure, something that one is a scam while the other isn't, but this isn't an ETH/ETC situation, this was a situation where people literally lost hundreds of millions of dollars and nothing like that ever kept going and be strong. Don't get me wrong there could be a lot of fools who will spent their money and keep it higher than it should be for a long time but just because they can doesn't mean that it is not a scam.

What people need to learn is that something could be a scam by the creators AND still make you money, they are not either/or situation. Will it make you money? We do not know, hopefully it would, but we know it is a scam for sure.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
August 01, 2022, 04:10:35 AM
#87
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.
Terra used to be a good Altcoin, because of the careless actions of its founder Do Kwon, which made many investors and users of Terra melted, bankrupt and collapsed as it is today.

To cover all the mistakes made by Do Kwon Terra Luna made Terra Classic as it is today, Terra Classic is not a scam, it's just that this type of crypto is no longer trusted by many investors, they don't want to take risks for their money, the success or failure of Terra Classic depends on the trust of investors.

Luna classic was a failed project since people have realized Dokwon's plot, and that's why they won't be fooled into trusting him again. There is no difference between investing in lunac now and gambling. I don't understand why so many people are still believing that lunc will recover and give them a chance to become rich. They should remember that gambling never brings wealth to anyone, it's just a place for us to have fun and entertain.
member
Activity: 790
Merit: 44
August 01, 2022, 03:54:18 AM
#86
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.
Terra used to be a good Altcoin, because of the careless actions of its founder Do Kwon, which made many investors and users of Terra melted, bankrupt and collapsed as it is today.

To cover all the mistakes made by Do Kwon Terra Luna made Terra Classic as it is today, Terra Classic is not a scam, it's just that this type of crypto is no longer trusted by many investors, they don't want to take risks for their money, the success or failure of Terra Classic depends on the trust of investors.
hero member
Activity: 2954
Merit: 796
August 01, 2022, 02:58:43 AM
#85
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

First of all, it's not a scam because terra classic is listed on the main exchange platforms in cryoptocurrency and there are still many traders who buy and maybe participate to pump it even if only for a short time so that they can still get a good profit from it. But what you say that he will rise again like what happened to Luna before, I'm a bit doubtful and hesitant because the trust of the large community that they had before Luna had a big problem or issue that also affected UST which is stablecoin here in crytocurrency.

Yes this project is not a scam but a failed project already because it was already abandoned by the original developer to pursue the new version of this same token. It’s more on just a pump and dump project without any clear vision because this is not the original idea anymore.

I just want to correct you about exchange listing belief. Many scam project manage to list on exchange because they just simply need to apply and pay fee to list. So not all project listed on exchange is legit. Some of them is just waiting the perfect opportunity to scam investors by introducing excuses such as hack or exploit to there code.
sr. member
Activity: 952
Merit: 303
August 01, 2022, 02:42:08 AM
#84
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

First of all, it's not a scam because terra classic is listed on the main exchange platforms in cryoptocurrency and there are still many traders who buy and maybe participate to pump it even if only for a short time so that they can still get a good profit from it. But what you say that he will rise again like what happened to Luna before, I'm a bit doubtful and hesitant because the trust of the large community that they had before Luna had a big problem or issue that also affected UST which is stablecoin here in crytocurrency.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 01, 2022, 12:35:06 AM
#83
Terra Classic not scam yet. they still alive on Market but They are not able to do anything as well as before. After the previous attack they lost a large part of the market.  And with that most of the investors lost a big part of their investment. So they have lost many big investors and because of this they are not able to do as well as before.  But Terra Team is trying hard to do something good again
Something good? maybe you're still dreaming about that. You can count how many investors lost their money and their lives. This is BS. This time it's still being investigated by regulators and police. How can what you called that as a non scam project being investigated by the police?
People did nothing and lose their money. It's hard to accept the truth but this is a scam. lol
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
July 31, 2022, 10:35:03 PM
#82
 Terra Classic not scam yet. they still alive on Market but They are not able to do anything as well as before. After the previous attack they lost a large part of the market.  And with that most of the investors lost a big part of their investment. So they have lost many big investors and because of this they are not able to do as well as before.  But Terra Team is trying hard to do something good again
legendary
Activity: 2716
Merit: 1383
July 31, 2022, 09:44:46 PM
#81
Not ' I have invested in Terra Classic and hold ' many people say Terra Classic is Binanace CEO idea and may be it's going to moon ' market is working better than last 3 months now Altcoins growing up.
Terra classic, no matter what you hear and see. It is nearly dead. CZ owns binance and its native token is BNB not this terra classic.
So if the altcoins market growing, Terra classic is no longer pumping. It is not going up anymore and to think that many lives have already lost due to their losses on this coin because it had sunk totally that it has became almost zero, with many zeros on its decimal.
When the community or investors are already done on a certain project then you could really expect for these things to happen which is really that normal because projects that do sustain and able to

survive different market conditions then those projects are the ones considered to be worth but on this one then no surprise that lots of people got burned and lost out their money due to this
shitty Terra project and they had launched their version 2 or fork coin but people are already wise enough.

Its hard to know for a project to turn out to be scammy at early phase but there are some who had made out some warnings but people didnt care or hear out.
It seems the developers really think that people are that dumb, they were given a mountain of money and trust and they squandered both of them, now they want to start all over again and make it seem as if nothing happened, but people are not going to fall into the same obvious trap again, Terra is dead and it is time that people acknowledge this fact, because the longer they try to delay this realization the bigger the hit they will receive when they realize this coin is never going to be as successful as it once was.
sr. member
Activity: 1610
Merit: 294
www.licx.io
July 31, 2022, 09:56:29 AM
#80

Is Terra Classic scam or does it have a chance of success?


I'm not aware of any solid evidence to suggest Terra Classic is a scam. The biggest point that some people have raised is concern about the fact that there is no information about the product. If someone enters investment with the hope that he will get richer, he is not a victim of a scam but if everyone loses their money then it must be a scam!!!

My opinion of Terra Classic in the future is that Terra Classic can be a great investment in the future. Just like many other coins currently on the market, the price of this coin is likely to increase over time.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
July 30, 2022, 08:31:43 PM
#79
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

I wouldn't say "scam" but rather a failed experiment that caused distrust against most stablecoins on the market. The project is being maintained by the community after Do Kwon decided to go ahead with a new version of the Blockchain (dubbed Terra 2.0). It's been quite some time after the community parted ways with the founder of the project, yet Terra Classic is way below its All-time-high of over $100 per coin. It's very unlikely the project will rise back to its former glory after what happened with the UST crash.

I guess Terra Classic will become just another "meme" coin with no purpose other than being a purely-speculative instrument. I think it's best to move on to the next big thing in crypto just to be safe. Just my thoughts Grin
hero member
Activity: 3080
Merit: 603
July 30, 2022, 05:19:48 AM
#78
Not ' I have invested in Terra Classic and hold ' many people say Terra Classic is Binanace CEO idea and may be it's going to moon ' market is working better than last 3 months now Altcoins growing up.
Terra classic, no matter what you hear and see. It is nearly dead. CZ owns binance and its native token is BNB not this terra classic.
So if the altcoins market growing, Terra classic is no longer pumping. It is not going up anymore and to think that many lives have already lost due to their losses on this coin because it had sunk totally that it has became almost zero, with many zeros on its decimal.
When the community or investors are already done on a certain project then you could really expect for these things to happen which is really that normal because projects that do sustain and able to

survive different market conditions then those projects are the ones considered to be worth but on this one then no surprise that lots of people got burned and lost out their money due to this
shitty Terra project and they had launched their version 2 or fork coin but people are already wise enough.

Its hard to know for a project to turn out to be scammy at early phase but there are some who had made out some warnings but people didnt care or hear out.
We may have that opinion that it's not a scam and waiting for further things to happen before you finally say a scam. It's like a lowkey situation that people don't want to tell that it's a scam.
But if you'll go ahead and analyze the entirety of this project, from the peak that it went and popularity that it has got. Overnight, it was ruined too quickly and price became close to nothing.
full member
Activity: 1092
Merit: 105
Sugars.zone | DatingFi - Earn for Posting
July 29, 2022, 10:39:32 PM
#77
it's hard to call the project a scam, the project is traded on leading exchanges, but many investors think so, there are a lot of lawsuits in the direction of the project, as far as I know, even the SEC is interested in the project, let's see how events will develop, perhaps the developers will come up with something and get out of such a predicament.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
July 29, 2022, 10:17:10 PM
#76
Whoever told you that luna classic was CZ's idea, I think he was vehemently opposed to making a fork is luna classic. It was the smart idea of Dokwon who took away a lot of money from luna investors and he succeeded in creating a second scam coin.
No, it is not idea of CZ who suggested to avoid a fork to Luna and Luna Classic. He tweeted that he supports the idea to buy back and burn Luna. Buy back and burn creates value, not fork.

His tweet. Later when Do Kwon announced that team chose to fork and published a proposal for vote, CZ tweeted "SML" Shake my head.
I mean CZ was against Luna's hard fork, not CZ who suggested it. I believe DOkwon did not hold any vote at that time, it was all arranged by him, he wanted a fork to deny any responsibility for luna's death, so people will focus on the lunaclassic and quickly forget about the old luna.

Quote
You are one of the brave people investing in luna classic, I wish you good luck with your investment. I hope you have done your research and not invested in someone's advice.
I think it is still good to buy around $0.00006 weeks ago and hold. Just don't use all money you have to invest in Luna Classic and this coin if won't die, will need a lot of time to recover. Invest or trading it but never use leverage with Luna Classic. You don't know what games they will play.
Since this is considered gambling rather than investment, I would rather invest in a new project or coin meme than bet my money on Luna Classic. It's true that we don't know what the shark will do to the luna but given what it has done to the market, I have to say it's not worth the gamble.
hero member
Activity: 2996
Merit: 609
July 29, 2022, 04:41:02 PM
#75
Not ' I have invested in Terra Classic and hold ' many people say Terra Classic is Binanace CEO idea and may be it's going to moon ' market is working better than last 3 months now Altcoins growing up.
Terra classic, no matter what you hear and see. It is nearly dead. CZ owns binance and its native token is BNB not this terra classic.
So if the altcoins market growing, Terra classic is no longer pumping. It is not going up anymore and to think that many lives have already lost due to their losses on this coin because it had sunk totally that it has became almost zero, with many zeros on its decimal.
When the community or investors are already done on a certain project then you could really expect for these things to happen which is really that normal because projects that do sustain and able to

survive different market conditions then those projects are the ones considered to be worth but on this one then no surprise that lots of people got burned and lost out their money due to this
shitty Terra project and they had launched their version 2 or fork coin but people are already wise enough.

Its hard to know for a project to turn out to be scammy at early phase but there are some who had made out some warnings but people didnt care or hear out.
hero member
Activity: 3080
Merit: 603
July 29, 2022, 04:31:30 PM
#74
Not ' I have invested in Terra Classic and hold ' many people say Terra Classic is Binanace CEO idea and may be it's going to moon ' market is working better than last 3 months now Altcoins growing up.
Terra classic, no matter what you hear and see. It is nearly dead. CZ owns binance and its native token is BNB not this terra classic.
So if the altcoins market growing, Terra classic is no longer pumping. It is not going up anymore and to think that many lives have already lost due to their losses on this coin because it had sunk totally that it has became almost zero, with many zeros on its decimal.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
July 29, 2022, 07:43:07 AM
#73
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Are you planning to buy because of its very low price or are you planning to dump because you are cutting your loss, if planning to buy don't if planning to dump now is the right time, while there are still volume and exchanges to dump it, I don't see any future on it, the trust is no longer there, and the Korean authorities are cracking on Do Kwon firms and they want him to be accountable for the collapse of Luna, you don't want to be investing or holding in a project where its future is very unstable.

Check this article for the lastest update about DO KWON
The Prosecution Wants to Hold Kwon Accountable
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
July 29, 2022, 06:59:56 AM
#72
I don't think it's a scam, if it's still traded on the exchange, it's just that getting the trust of its supporters has been difficult since yesterday's incident, maybe for newcomers who don't know the story of Terra, they still have high hopes for this coin.
though it's still listed, doesn't necessarily means it's not a scam, it has caused tremendous loss for the veteran holders of luna that they're already beyond recovery.
the thing with the listing i'm guessing is heavily influenced by the business since these exchanges are more likely have invested in terra luna, so it could be that the fact that terra luna still listed just in order to give the veteran holders some way for them recover their assets back.
hero member
Activity: 2366
Merit: 838
July 29, 2022, 06:31:16 AM
#71
Whoever told you that luna classic was CZ's idea, I think he was vehemently opposed to making a fork is luna classic. It was the smart idea of Dokwon who took away a lot of money from luna investors and he succeeded in creating a second scam coin.
No, it is not idea of CZ who suggested to avoid a fork to Luna and Luna Classic. He tweeted that he supports the idea to buy back and burn Luna. Buy back and burn creates value, not fork.

His tweet. Later when Do Kwon announced that team chose to fork and published a proposal for vote, CZ tweeted "SML" Shake my head.

Quote
You are one of the brave people investing in luna classic, I wish you good luck with your investment. I hope you have done your research and not invested in someone's advice.
I think it is still good to buy around $0.00006 weeks ago and hold. Just don't use all money you have to invest in Luna Classic and this coin if won't die, will need a lot of time to recover. Invest or trading it but never use leverage with Luna Classic. You don't know what games they will play.
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