Is Terra Classic scam? - page 5. | Bitcointalksearch.org

fuguebtc

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Quote from: feeling sound on July 28, 2022, 09:43:52 PM

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.

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.
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.

feeling sound

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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.

Silberman

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Quote from: lixer on July 26, 2022, 02:16:01 PM

Quote from: DanWalker on July 25, 2022, 11:08:36 PM

The project is another version of old Luna, it is not a scam project yet, but I believe in the near future it will be. To be honest, there's no longer any motivation that can make luna classic a success. Investors have completely lost faith in the terra team, luna classic trading is still there as it is still profitable for exchanges, but it would be a bad investment if someone decided to invest in it now.

Not a scam yet? So we will need to wait before it turned into a scam before we avoid this coin? Haha I think that was not reasonable. This is why many people keeps on losing money because they never learn from their past mistakes. If we really wanted to earn then we have bitcoin and other altcoins which are proven to be legit. Can't understand till now why people like to force themselves on a coin which already known to have a bad reputation. The same with those meme coins.

A new coin meme baby doge is not different from the previous meme coin shiba inu but I guess people realize that they are doomed since those coins are seem to be quiet now.

There is no point on giving them the benefit of the doubt and this is true not only for his coin but almost all coins as well, the amount of scammers that we have in this market is simply too high so if there is any single detail that we think is not right that should be more than enough to decide to not invest in a project, and it should be obvious that after what happened to Luna then any project released by the same developers should never be trusted regardless of what they can say to defend their project.

rugrats

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To me this is a scam project, even though it is still being traded on top exchanges but with what Luna caused, I can't wait for luna classic to be as bad as the old luna and claim to be a scam, it's too late. Mate, we have hundreds of potential coins and the chances of double fortune are so many, that there's no need to invest in a dead coin to expect vague luck.

S A KHAIR

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Quote from: CuriousGeorge on July 28, 2022, 11:10:51 AM

Quote from: S A KHAIR on July 28, 2022, 10:16:34 AM

You should stay away from this project if you do not want to lose your money. It is a scam project. This coin appears to have no growth potential or prospects for a resurgence in the future. The terra has become a thing of the past, and for those who believed in it, terra has been a wound that will never heal. A fall that was too sudden and painful.

Agreed, investing in luna classic is like throwing money in a trash can, it's like a gambling investing in luna classic since it's in the worse state than the meme coin.
at least with meme coin with some shill it could increase its value but with luna classic, its just gonna slowly losing its value.

I totally agree with you, man. I would rather take that money and use it for gambling. I can just have fun and if I am lucky enough, I will make a decent amount of money, than invest luna classic from now on, obviously this is a dead project and has no chance of making a profit. If you are adventurous and risk taker you might consider memecoins rather than this shit luna coin.

dothebeats

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I would say that it's not a scam like most people think it is, but the chances of it taking off again is extremely low. People already saw how this coin moved, and for sure they already have made some kind of impression to it as something that they would not invest on again. It already had its time, and perhaps some loyal followers would still buy into this thing, but sooner or later this will also lose traction and then die afterwards.

Kelvinid

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Quote from: ?? on ??

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.

Until people don't give Terra Luna, it still remains active and traded but, you need to be careful with this project if you heard about their issue in the past day you might be thinking if this remains healthy or if it is going to end. It was not yet called a scam project but that was very close to that situation. Honestly, I do hope they will settle it but as they are doing now, that seems not effective anymore and turn hopeless to regain the trust of major investors.

Shasha80

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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.

Terra Classic is still listed on several popular exchanges, meaning Terra Classic is not a scam project and we can still trade Terra Classic.
But because so many investors have lost faith in Terra Classic, there is a possibility that Terra Classic will become a scam in the future.
So we really should avoid trading Terra Classic, there are many other projects that are much safer and more profitable than Terra Classic.
Therefore the Terra Classic development team will definitely focus on attracting newbies who lack knowledge, because it seems that it will be
difficult if Terra Classic has to restore the trust of old investors with what happened to LUNA.

goaldigger

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Quote from: Jaered on July 28, 2022, 01:12:20 PM

De Kwoon has a record of criminal charges. Check! He has a failed project in the shape of Luna. Check! And he refused to do a burn of the tokens so as to reduce supply and stabilize the price. Check! The much touted bitcoin supply fizzled out. Checkmate! Now why would I trust anything or anyone in the shape of Luna?

The moment they decided to create another coin, I knew that this is not a good solution and despite of the comments of the investors against this decision, they still push it through for some reason, maybe they are trying to get some money again. This may not be a scam right now but I’m also staying away from any LUNA project, they are not worth it anymore and its too risky to trust a developer like this.

Little_Sister

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Quote from: Jaered on July 28, 2022, 01:12:20 PM

De Kwoon has a record of criminal charges. Check! He has a failed project in the shape of Luna. Check! And he refused to do a burn of the tokens so as to reduce supply and stabilize the price. Check! The much touted bitcoin supply fizzled out. Checkmate! Now why would I trust anything or anyone in the shape of Luna?

You have many conclusions from facts about Luna, so there is no reason to bet on trading Luna Classic or LUNA coins, anything related to De Kwoon and his team should be extra vigilant to invest in that coin, better focus on the top coins that have improved traders confidence after declining high since last June.

Jaered

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De Kwoon has a record of criminal charges. Check! He has a failed project in the shape of Luna. Check! And he refused to do a burn of the tokens so as to reduce supply and stabilize the price. Check! The much touted bitcoin supply fizzled out. Checkmate! Now why would I trust anything or anyone in the shape of Luna?

CuriousGeorge

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Quote from: S A KHAIR on July 28, 2022, 10:16:34 AM

You should stay away from this project if you do not want to lose your money. It is a scam project. This coin appears to have no growth potential or prospects for a resurgence in the future. The terra has become a thing of the past, and for those who believed in it, terra has been a wound that will never heal. A fall that was too sudden and painful.

Agreed, investing in luna classic is like throwing money in a trash can, it's like a gambling investing in luna classic since it's in the worse state than the meme coin.
at least with meme coin with some shill it could increase its value but with luna classic, its just gonna slowly losing its value.

S A KHAIR

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Quote from: hack3rcon on July 25, 2022, 05:34:40 AM

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

Thank you.

You should stay away from this project if you do not want to lose your money. It is a scam project. This coin appears to have no growth potential or prospects for a resurgence in the future. The terra has become a thing of the past, and for those who believed in it, terra has been a wound that will never heal. A fall that was too sudden and painful.

wallet4bitcoin

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Quote from: DanWalker on July 25, 2022, 11:08:36 PM

so that's true terra classic is
already such a massive failure.

Recently I noticed a message from binance official announcement. Binance will support Terra network upgrade. I think there can be a chance to recover some price. But, I'm still in confusion traders will trust LUNA or not.

bittick

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It doesn't have chance to be a success. Terra luna has become the biggest scandal and problem in the crypto. The only a project that worth billions dollars that can go to the zero valuation on its token just in a short time. This project was just another scam project. You shall think again before try to invest in this shitty token. The fact that if this coin is dead. There's no need to hope if terra luna will be success again.

The same story with bitconnect. It's dead. No chance to go high again. The developers were scammers. Cheesy

d3nz

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Quote from: DanWalker on July 25, 2022, 11:08:36 PM

The project is another version of old Luna, it is not a scam project yet, but I believe in the near future it will be.

the newer luna has quite literally set the fate of the luna classic in stone, it's quite literally being abandoned so there's no reason for someone holding luna classic thinking it could ever recover back, so that's true terra classic is
already such a massive failure.

It's a failed decision of Do Kwon, thinking it will attract more investors and gets FOMO but they are wrong. It's a huge mistake since people know what they are doing and learn from this kind of project that has loopholes.

Much better to invest in an altcoin that has huge potential in the future. Some people are still buying the Luna Classic since it's just a pump and dump coin.

shinratensei_

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Quote from: irsada on July 27, 2022, 10:53:17 AM

Quote from: hack3rcon on July 25, 2022, 05:34:40 AM

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

Thank you.

Terra classic is no longer worth investing in in the long term, because the devs have made a new terra and are not focused on taking care of the classic terra. many people have lost their savings because of terra classic. as for now terra classic is just a pump and dump like other coim memes that only benefit whales.

true, supports for the terra classic is no more, meaning it could hardly ever achieve the same feat like in the past, even the new luna is lacking trust from the traders, i have my doubt that both of the coin either the classic or the newer ones could ever become as big as it was in the past.
I guess just move on and invest in better coin like ETH and BNB.

rahmad2nd

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Quote from: hack3rcon on July 25, 2022, 05:34:40 AM

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

Thank you.

are you planning to invest in LUNC, now I think lunc is heavier than meme coins or tokens, and whether the price of LUNC will return to the beginning, which is definitely no guarantee and I don't see any supporting factors that could make the price of LUNC go back to the beginning although LUNC is still traded on several exchanges.

if you look at the scenario that occurred after the big incident in the luna case. I think it's hopeless and ends up like shitcoins in general, so I don't recommend you to invest in the Luna project.

bluebit25

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Quote from: hack3rcon on July 25, 2022, 05:34:40 AM

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

Thank you.

Well, I'm not a person who likes to make suggestions or make statements without supporting evidence to support my opinion. Personally, I don't care what it is doing, but what happened is what I know of a lack of transparency coming from the team itself. The hype surrounding it will continue to entice newcomers or even those hoping to profit from it. The way the DEV is chirping makes me laugh, even to those who think it's an opportunity.

Rufsilf

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Quote from: zasad@ on July 27, 2022, 10:23:45 AM

Quote from: hack3rcon on July 25, 2022, 05:34:40 AM

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

Thank you.

https://www.coingecko.com/en/coins/terra-luna-classic
There are a lot of these coins, the developers left the ecosystem, the main trading on the Binance exchange.
This coin has a chance to make x2-x3 or maybe more.
I think that the ecosystem is dead, but pumps and dumps from manipulators are possible.

And that can be riskier for traders. I'd never thought that many traders are still using this for trading knowing that issue as it was an obvious scam even though they still have active trades left in Binance. In fact, Binance had also announced their big losses from this project so I think that was the end of their participation. What we gonna see is just a sort of manipulation from the bag holders tricking new traders and I was afraid they got to fall into them.

Topic: Is Terra Classic scam? - page 5. (Read 1208 times)