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Topic: Is Terra Classic scam? - page 8. (Read 1214 times)

hero member
Activity: 2366
Merit: 838
July 25, 2022, 09:55:56 AM
#10
I failed project is not different than a scam project.

If 10 years later, Luna Classic can achieve what Dogecoin achieves now, do you think it is a successful project or will still call it as a scam project?

I believe Terra team will abandon it and community will take over it. It will recover very slowly with time but it will. If you have diamond hands, if you can hold your Luna Classic, you will get good results next couple of years.
member
Activity: 2044
Merit: 16
July 25, 2022, 08:38:50 AM
#9
I would agree to people who said terra classis is scam after all it was created after Luna fall and these was only an alternative method to save the downfall of Luna wherein it didn't effective to save Do Kwon though. Though it has already trading activity but still it is not safe to buy those tokens because it just a hole cover of the failure of Do Kwon.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
July 25, 2022, 08:01:45 AM
#8
Of course it's a total scam. Just look at the drop in just a few days. And how many investors, including big funds, lost a lot of money or went bankrupt. After all this, Kwon creates a new project and goes unpunished. I don't know what words to call it other than scam. By the way, this is a good example of how in the crypto world almost no one is responsible for anything. You can do whatever you want.
hero member
Activity: 2156
Merit: 531
July 25, 2022, 08:30:16 AM
#8
Are you planning to hold this product? It's better if your money is put into products that do a have the potential to be successful, like Ethereum Binance coin or others that are able to compete even though everything is at risk, but not on products that have failed before, and made a lot of people to lose.
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
July 25, 2022, 07:58:46 AM
#7
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.
The project is not a scam since it is still listed on major exchanges and has daily trading. There are still many people who are holding this coin in hopelessness. Luna classic is basically dead, I don't see any prospects for it. People hold it and trade it blindly believing it will return one day. However, that is a very unlikely scenario.
hero member
Activity: 2086
Merit: 994
Cats on Mars
July 25, 2022, 07:39:33 AM
#6
Life pro tip: stay away from anything related to Terra or Do Kwon (the founder). There are tons of other shitcoins and vaporware deadcoins in the market that look less shady than terra classic. Even the telemarketer scammer that keeps calling you every day trying to sell you a bag of finger nails clippings for 100 bucks sounds less shady than any Terra-related crypto

As far as I know, Mr. Do Kwon, the Terra Luna CEO and founder has been sued, and investigated in relation to the recent Terra Luna Fiasco which involves the old Terra Classic so there is a pending process that can possibly dictate the fate of both old and new Terra Luna tokens
It's pretty crazy that despite all these massive red flags surrouding this deadcoin there are people who still ask if there's a chance of success for this garbagecryptocurrency.
legendary
Activity: 1610
Merit: 1131
July 25, 2022, 06:57:42 AM
#5
Lunc is currently a scam but it can still be traded on major exchanges. Therefore you might still be able to trade in it even if it is a scam. It has fallen to the lowest price in history making it extremely difficult for anyone to believe in it again. I would recommend avoiding this token by all means.
full member
Activity: 1820
Merit: 107
July 25, 2022, 06:57:09 AM
#4
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

As far as I know, Mr. Do Kwon, the Terra Luna CEO and founder has been sued, and investigated in relation to the recent Terra Luna Fiasco which involves the old Terra Classic so there is a pending process that can possibly dictate the fate of both old and new Terra Luna tokens, But for now, I can say that the Terra Luna Classic and the new Terra Luna token was actively traded in a major cryptocurrency exchange like Binance with a very attractive volume. so I think it is not a scam for now.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
July 25, 2022, 06:40:06 AM
#3
Terra Classic is not a scam, this token can still be traded on major exchanges, meaning there is still trading activity there.

As for the chances of success I'm not sure this will work because it has fallen to the deepest bottom making it difficult for investors to believe again, but in fact it will be nil to success.

Better to avoid this token if there is not sure.
hero member
Activity: 3038
Merit: 634
July 25, 2022, 06:25:14 AM
#2
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.
Well, it's been reformed and made a new token as its successor as the devs have thought of reviving it through that plan. If it's about the chance of success, this is like a left behind project.

I don't see any more success on it.

The prime of it has already passed and there's no way that investors would try to believe and trust it anymore unless there will be whales that would play a big part of just pumping and leaving it again.
member
Activity: 370
Merit: 10
July 25, 2022, 05:34:40 AM
#1
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.
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