Luna 2.0 keeps falling - page 3. | Bitcointalksearch.org

wheelz1200

legendary

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Quote from: Oshosondy on June 07, 2022, 07:20:42 PM

Can you see Luna 2.0, the price was above $19 when the coin was forked from Lunc, it decreased to around $3.4 when bitcoin was below $30000, bitcoin increased to around $32400 and Luna increased to $12. Bitcoin at $31000 now but Luna at $3.9. if bitcoin decreased to like $27000, this will significantly affect Luna price. This coin is not worth holding during this time until if bear market has ended. If you buy this coin, know that you are gambling.

Lol why in the world would anyone want to touch this coin is beyond me. It's like people enjoy burning theor money. Why wouldn't you just put your money into bitcoin than throwing it at this hot garbage and crossing your fingers it works out. Is greed that big??

poodle63

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Quote from: Cling18 on June 16, 2022, 02:03:47 PM

Luna 2.0 will never resist the bearish season especially now that it has a bad reputation. The previous record of Luna has a huge impact on their new version of the coin so new investors will surely avoid it. Luna is already far from survival and might drop lower in the coming days. Investors have lost their trust in it and it will be hard for the developers to regain their trust.

the new luna is basically just a tool for speculation at this moment. no one really holding it for long term investment considering that it already has the really bad reputation and also most of the holders in the past have known that the new luna could be very well suffering the same fate as the classic luna, basically both are just the same thing. I guess most of the veteran luna holders have learnt from the past.

Mosharafhh

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Activity: 956

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Its already dead i think no future in this coin my big mistake was invest on this project at the last moment of the end this project i will never forget this thing in my life also learn a lot anything can happen on this sector so nevwr invest which i cant loose!

Hispo

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Added to all the things you all have said here about how LUNA 2.0 was born with a bad reputation that crippled it, we all also need to remember that the previous Terraforminglabs ecosystem was based in a seemingly winning binomium:

Terra (The stable token with high APY)
Luna (The fluctuating crypto that helped to keep the pegged of Terra)

After the implosion the whole ecosystem went through, all that it is left is two nearly useless coins and a new one (Luna 2.0) that serves no purpose which could be considered to be similar to its predecessor. It is a Moon without planet, drifting alone across the infitine universe.

I assume they will try to integrate Luna 2 to their DEFI, but again: the most popular Defi function was one that does not exist anymore. I am afraid, Luna 2 and what it is left of it may not survive this winter.

Tellek Garing

full member

Activity: 854

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Luna 2.0 can no longer get the trust of the market and to say that the network is already comprised so not much will be given to the forked luna is no different from the old one so the price will never be stable unless traders that want to risk the volatility of the market to make some quick profits.

With fhe whole support from various exchanges to the luna team still, the recovery seems to be impossible.

Cling18

full member

Activity: 1708

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Luna 2.0 will never resist the bearish season especially now that it has a bad reputation. The previous record of Luna has a huge impact on their new version of the coin so new investors will surely avoid it. Luna is already far from survival and might drop lower in the coming days. Investors have lost their trust in it and it will be hard for the developers to regain their trust.

Miaallen

member

Activity: 573

Merit: 30

The name terra doesn't even sound melodious to anyone in the Cryptocurrency space at the moment most especially in the current market situation. And the fact that they change the chain does not erase the experience we all have of terra 1. Trusting anything terra is not something that can happen anytime soon.

Jackl87

sr. member

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Quote from: Oshosondy on June 07, 2022, 07:20:42 PM

Can you see Luna 2.0, the price was above $19 when the coin was forked from Lunc, it decreased to around $3.4 when bitcoin was below $30000, bitcoin increased to around $32400 and Luna increased to $12. Bitcoin at $31000 now but Luna at $3.9. if bitcoin decreased to like $27000, this will significantly affect Luna price. This coin is not worth holding during this time until if bear market has ended. If you buy this coin, know that you are gambling.

At the moment we are at 2,46 USD per Luna which really is a very hefty price decline since the relaunch of Luna. I think the recent negative price performance of Luna (or Luna 2.0) has several reasons. First of all obviously the events that happened around Luna a few weeks ago, when UST was not able to hold it's peg and then the panic sell pressure kicked in and completely destroyed UST and therefore also Terra (Luna). This also was the reason for the first big dump of the market a few weeks ago.
Secondly, the whole market is going down at the moment obviously and basically every coin is suffering heavy losses at the moment. Ethereum is at around 1100 USD per coin at the moment which i did not think would happen that soon.

onecall123

sr. member

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Quote from: justdimin on June 13, 2022, 11:14:14 PM

Quote from: Coyster on June 13, 2022, 06:59:34 AM

It is not the same thing, you are somewhat making a mistake, you cannot compare the plunge of btc with that of Luna, or any other shitcoin/altcoin for that matter, you must take into cognizance that most altcoins including Luna are pump and dump shitcoins that only pumped in the network due to hype, and quite a lot of them die when the hype is over, they dump and do not rise again, these are the sort of coins you sell the moment you make ROI or immediately they start to crash so you do not lose your money, because if you think of hodling it for it to rise again, then you'd be making a grave mistake.

Unfortunately since they are not too much far apart, there are a ton of people who will compare the two things together. I know that it is wrong, but I have been here for a long time so I am knowing what's wrong is normal, and me knowing that alts (including shits like luna) are not the same as bitcoin and bitcoin will always recover, is normal.

Because, I have seen bitcoin go from 20k to 3k to 68k, I have lived through that, I have seen bitcoin break the ATH and be 20k in 2017, I have seen it reach 3k during 2018, and I have seen it become 68k again in 2021, all of that happened when I was here. People who are hopeless about bitcoin right now, probably didn't live through that period.

Yes, sure. Bitcoin's dominance speaks for itself. Shit projects like Luna will die off. It's dipping more and more. You may still need to be cautious when buying the dip because it'll go lower. The only weapon you have is buying power, not shit projects. While I'm not a fan of his, I can't control their actions and thoughts.

There's no doubt that many people missed Bitcoin at $3k, but this low has largely been missed because fear is still rife. Bitcoin has a much bigger potential than any other asset we've seen so far. As I've seen those cases, I'll be purchasing the red candles.

ilovealtcoins

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Quote from: Bitcoin2009 on June 11, 2022, 03:42:25 AM

I still keep Luna on Binance even though many are pessimistic about LUNA's future but I'm optimistic that the team will immediately take quick action to restore LUNA, the many negative speculations about LUNA certainly don't make us panic by immediately selling LUNA.

You are the bravest person I have ever seen, many investors have lost with both versions of Luna and Dokwon himself has locked his twitter. What makes you believe so strongly about Luna, when it's really dead. I hope you know what you are doing, sometimes letting go is not the end, there are many other coins out there you can start from scratch.

SEEEP ZEEBOLOGI

member

Activity: 232

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ZERO

i mean, what did u expect? investor don't even trush luna anymore, people invest in luna 2 because they gambling with they own money and expect they can buy ealy and leave not too late, even korean investor not even trush do kwon anymore.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: Dollar_Hunter on June 13, 2022, 03:01:01 PM

LUNA 2.0? still believe? haha you are really wasting time on trash projects,
Do Kwon has really become a scammer in my opinion,
even though he launched LUNA 2.0 but what happened to those who bought at $20? totally bullshit with this project

Actually it is everyone's right to believe in whatever projects they consider potential, but based on the results of my research and analysis,
LUNA is no longer worthy of our trust. I agree with you, who said it's just a waste of time if we still trust LUNA. I already consider LUNA as
a scam project, so it doesn't matter anymore what happens to LUNA 2.0, because I will never be interested investing in LUNA again.
It could be said that it was too risky to trust someone like Do Kwon. After all, there are many other projects that are better and safer for us to buy,
so why do we take the risk by trusting LUNA 2.0. We'd better spend our money investing in BTC and ETH which have proven to be reliable and have
a bright future.

justdimin

hero member

Activity: 3122

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Coyster on June 13, 2022, 06:59:34 AM

It is not the same thing, you are somewhat making a mistake, you cannot compare the plunge of btc with that of Luna, or any other shitcoin/altcoin for that matter, you must take into cognizance that most altcoins including Luna are pump and dump shitcoins that only pumped in the network due to hype, and quite a lot of them die when the hype is over, they dump and do not rise again, these are the sort of coins you sell the moment you make ROI or immediately they start to crash so you do not lose your money, because if you think of hodling it for it to rise again, then you'd be making a grave mistake.

Unfortunately since they are not too much far apart, there are a ton of people who will compare the two things together. I know that it is wrong, but I have been here for a long time so I am knowing what's wrong is normal, and me knowing that alts (including shits like luna) are not the same as bitcoin and bitcoin will always recover, is normal.

Because, I have seen bitcoin go from 20k to 3k to 68k, I have lived through that, I have seen bitcoin break the ATH and be 20k in 2017, I have seen it reach 3k during 2018, and I have seen it become 68k again in 2021, all of that happened when I was here. People who are hopeless about bitcoin right now, probably didn't live through that period.

Fire me!

newbie

Activity: 13

Merit: 1

I Don 't get it. Luna classic was a project about a new way for payments and especially stable coins. It filedruk misserably. Luna 2.0 does not have the core of the project the stable coin. Why invest in failed and soon to be completely dead projects.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Dollar_Hunter on June 13, 2022, 03:01:01 PM

LUNA 2.0? still believe? haha you are really wasting time on trash projects,
Do Kwon has really become a scammer in my opinion,
even though he launched LUNA 2.0 but what happened to those who bought at $20? totally bullshit with this project

Recently the allegations of Do kwon cashing out billion was a false allegation.
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Source: https://news.bitcoin.com/do-kwon-accused-of-cashing-out-2-7b-before-ust-collapse-terra-founder-says-allegations-are-false/

But this one should be enough on trusting up Luna once again? Just like others been saying that
crash of this one is uninventable considering the trust had been broken already.

Dollar_Hunter

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COMBONetworkio

LUNA 2.0? still believe? haha you are really wasting time on trash projects,
Do Kwon has really become a scammer in my opinion,
even though he launched LUNA 2.0 but what happened to those who bought at $20? totally bullshit with this project

tsaroz

legendary

Activity: 2982

Merit: 1069

All of this Luna fiasco reminds me of pancakebunny. Guess what? Both projects were from Korean team. Pancakebunny not only pretended to get hacked and scammed investors once, they Didi it four times and I fell for 3. Similar are the situation for Lina and Luna 2. There are a number of Korean reporting about the scam operation and people are still believing in Luna 2.

ForMeritt

jr. member

Activity: 48

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Backed.Finance

I think after such a terrible incident that happened to LUNA in the previous version, it seems that many people will leave LUNA and they will still be very depressed with the state of LUNA in the previous version, I don't really know for sure with this second version of LUNA, and I It sounds like a lot of people are leaving LUNA and moving to other Altcoins.

It seems they are very Disappointed with LUNA, even though this second version of LUNA will break through, it seems that many people will not return to LUNA and they are very unsure of LUNA anymore, even some of them say LUNA coins are SCAM coins, but I don't fully know it.

robelneo

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Quote from: Oshosondy on June 13, 2022, 06:44:04 AM

Quote from: tbct_mt2 on June 13, 2022, 02:41:45 AM

It is safer to hold Luna Classic, not Luna 2.0. Because all the shits happened with Luna Classic, now it is time to clear all the shits and move toward future, a brighter future.

With Luna 2.0, all shits have yet been revealed so there might be more in future. I mean personally I see more risk with Luna 2.0 than with Luna Classic.

You can see in the last few days, Luna Classic holds its price too well even whole market is in pain.

Wit what I have observed, both coins are just like the same thing, though I read some people's view on Coinmarketcap when Luna 2.0 was created that people should not use the coin and that they are only waiting for their airdrop and sell the coin (the airdrop). But old Luna which is now Luna classic (Lunc) is having almost the same price volatility similarity with the new Luna. I believe if one becomes dead, the other will become dead too.

They will both die because of the loss of trust from investors because of Do Kwon wrongdoing the market is dipping and both coins are holding on to their lives and Do Kwon will have to deal with the authorities, it looks like it is a time bomb waiting to explode, for those who are still holding think deep if you still want to HOLD these two coins or cut your losses, I think the latter is a much better choice.

Iadegbola34

member

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It will continue to dump so hard because the project is an obvious scam. Lunc just crashed some few weeks back ripping investors of their hard earned money and amidst the unrest came LUNA 2.0. Who would dare trust the project with their money again? No sane person would.

Topic: Luna 2.0 keeps falling - page 3. (Read 869 times)