Luna 2.0 keeps falling - page 5. | Bitcointalksearch.org

virasisog

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Quote from: Mame89 on June 10, 2022, 09:38:58 AM

Quote from: Saisher on June 10, 2022, 08:24:46 AM

Looks like things are not looking good on Terra Luna and Do Kwon, there's an article coming out from Cointelegram, that will put Do Kwon in a bad light to the SEC, there are also charges of tax evasion and market manipulation in South Korea, I guess he's now paying to all his arrogance action, he'll need a lot of money to protect him and hs company from all these lawsuits.

https://cointelegraph.com/news/appeals-court-rules-do-kwon-terraform-labs-must-heed-sec-subpoena-served-in-september

Quote

SEC is also investigating whether Terraform violated investor protection regulations before the Terra collapse. Terraform told Bloomberg in a statement that it was unaware of that investigation.

maybe it's fitting for the luna founder to be on the dark side. Many people think that if Luna's founders are still alive, they can still make a scamer project damage the reputation of crypto, by having large capital stored they can grow. and maybe a lot of people would be happy if this do kwon was really in jail. Yes, even though the victim's loss doesn't come back

I don't see any hope for Luna to survive because its reputation has been totally damaged and ruined. The people behind Luna should pay for what they did but those who lost a lot should move forward because there's no way for them to gain their investment funds back and that's the risk of investing with a nonpotential coin. Life must go on for them and they should find other ways to earn again because the journey of crypto investment doesn't end there. It should serve as a lesson for everyone that not all investments succeed so we must be wise in picking coins that we're buying.

WalkerIVIV

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SEC was taking action and it seems like we will see do kwon will be jailed next year or at the end of this year maybe. There are bunch of US investors have been scammed by do kwon with his team, he deserved to be jailed.
People are not only loosing their money, they are also loosing their lifes. Some people even done suicide caused by big lose on terra luna while the latest news said do kwon was withdrawing some funds to his personal wallet.

Mame89

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Quote from: Saisher on June 10, 2022, 08:24:46 AM

Looks like things are not looking good on Terra Luna and Do Kwon, there's an article coming out from Cointelegram, that will put Do Kwon in a bad light to the SEC, there are also charges of tax evasion and market manipulation in South Korea, I guess he's now paying to all his arrogance action, he'll need a lot of money to protect him and hs company from all these lawsuits.

https://cointelegraph.com/news/appeals-court-rules-do-kwon-terraform-labs-must-heed-sec-subpoena-served-in-september

Quote

SEC is also investigating whether Terraform violated investor protection regulations before the Terra collapse. Terraform told Bloomberg in a statement that it was unaware of that investigation.

maybe it's fitting for the luna founder to be on the dark side. Many people think that if Luna's founders are still alive, they can still make a scamer project damage the reputation of crypto, by having large capital stored they can grow. and maybe a lot of people would be happy if this do kwon was really in jail. Yes, even though the victim's loss doesn't come back

Shamm

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Quote from: Henrobakkara on June 10, 2022, 03:46:24 AM

Quote from: Oshosondy on June 07, 2022, 06:20:42 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.

As for me, I don't believe that people still believe in this coin after what happened to the first Luna. I think most that did receive the forked coins are mostly dumping them hence what you are seeing with the price however as you said, there will be some that still think they can make some profits from investing in the new Luna, that will be their fault.

Yes the dirt Luna has down without any notice to the public and now the second Luna prices doing down as well, some people still believe in this coin cause waht they are aiming for is that they can earn more profit if the price of this coin will rise again. Maybe they will right that Luna coin price will be on the top and with the high value. In the fist Luna many investor who failed for their aims.

zasad@

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https://twitter.com/WatcherGuru/status/1534956633251532801
"BREAKING: Terra employees reportedly confirmed to the SEC that Do Kwon cashed out $80 million a month prior to the $LUNA and $UST crash."
Do Kwon Sent $80 Million a Month to Secret Wallets?
https://watcher.guru/news/do-kwon-sent-80-million-a-month-to-secret-wallets

Saisher

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Looks like things are not looking good on Terra Luna and Do Kwon, there's an article coming out from Cointelegram, that will put Do Kwon in a bad light to the SEC, there are also charges of tax evasion and market manipulation in South Korea, I guess he's now paying to all his arrogance action, he'll need a lot of money to protect him and hs company from all these lawsuits.

https://cointelegraph.com/news/appeals-court-rules-do-kwon-terraform-labs-must-heed-sec-subpoena-served-in-september

Quote

SEC is also investigating whether Terraform violated investor protection regulations before the Terra collapse. Terraform told Bloomberg in a statement that it was unaware of that investigation.

JahriMeayer

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What else do you expect for scammers? When luna crushed and scammed, wise people realized they'll never have their fund back. Luna team announced fork that time and promised it will help People to recover their money. But People get few dollars as compensation, that's funny. Luna 2.0 was stay $12 for short time only, indeed its a pure shitcoin and responsible behind people got suicide. After those issue, People who still believe luna 2.0 will be develop and gain top position again, then they live in fools paradise.

Oshosondy

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Quote from: dwminer1 on June 10, 2022, 03:26:49 AM

It was obvious from the beginning that buying this shitcoin was a pure gamble. There will probably be a few more pumps on which speculators will earn good money, because the coin is quite popular. In my opinion, buying with a longterm in mind is stupid. I don't think such a compromised project will be rebuilt. Even by the standards of the crypto world, it's too much.

Luna is a new forked coins though, but let me put it like this, maybe it will be rebuilt or not, we do not know for now, it depends on what next bull market does, even the old luna is highly volatile and maybe it will be rebuilt depends on the next bear bull market. It is possible the bull market may start and people turn it again to ponzi Grin

and make some profit and again sell during bear. I may decide to use small amount to gamble with the coins during highly bear market that will bring about bull market. But for now, people should not buy, it is dangerous to buy now.

Henrobakkara

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Quote from: Oshosondy on June 07, 2022, 06:20:42 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.

As for me, I don't believe that people still believe in this coin after what happened to the first Luna. I think most that did receive the forked coins are mostly dumping them hence what you are seeing with the price however as you said, there will be some that still think they can make some profits from investing in the new Luna, that will be their fault.

dwminer1

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It was obvious from the beginning that buying this shitcoin was a pure gamble. There will probably be a few more pumps on which speculators will earn good money, because the coin is quite popular. In my opinion, buying with a longterm in mind is stupid. I don't think such a compromised project will be rebuilt. Even by the standards of the crypto world, it's too much.

bhooscream

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LUNA has experienced a very bad crash. And I don't know why people still love investing in the new Luna. Although they may give a very interesting promise that LUNA can be brighter tomorrow again, I personally will not believe it. Some people or parties may only use this chance to get back the profits and over the losses when the price of precious LUNA crashes.

Quote from: Oshosondy on June 07, 2022, 06:20:42 PM

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.

Indeed, a new coin coming from the fork or new of shitcoin will be always shitcoins.

Captain Corporate

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Quote from: Kelvinid on June 09, 2022, 05:54:18 PM

Honestly, what did people expected to begin with. Even with a small amount of increase we see, daily, that is like still a ton of amount dropped already. Started out at 15+ dollars, already under 4 dollars and thats basically the closed version of it, we do not even see everyone selling it off yet, we just have a limited market so far. Overtime, its going to get even uglier, I am calling it now, its going to be under 1 dollar before the summer ends unless there is a big bull market in all of crypto. People get hyped about even a slight bit of increase when it happens, but do not realize the overall long term drop it has since it started.

poodle63

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just a shitcoin showing its true value, anyone holding the new luna because of the massive trend accompanying it and nothing more.
the luna right now isn't the same as luna before the UST disaster and in the future it could hardly hits its former glory again. I'm sure that luna will just retain this current value because this is the real value that luna deserve.
I doubt anyone gonna bag luna just because of innovation since they have none right now.

Kelvinid

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win lambo...

Well, as expected.
Nobody will keep Luna in their wallet and while seeing there is a chance to sell them, people do it. And besides, this project seems not to look good anyway after the first tragic dumps causing investors to panic.

The mindset of the investors now is too negative and this really has a huge impact on Luna. Even though this used to have a fork that ain't going to save them.

Psynthax

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The luna v2 was fated to be this way, the outcome could already be foreseen because anyone that receives the vested airdrops from the new luna definitely gonna make a recovery for their loss in investment.
If you think that the luna v2 gonna be magically become valued as high as luna classic in this early year, well that's just dreaming.
the luna foundation has ran out money and reserves for making a buy back I guess and this fork is like their last attempt of redeeming their responsibility for their mistake in luna classic.

crzy

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Quote from: iv4n on June 09, 2022, 04:46:48 PM

This is just crazy... did anyone really expect some magical story with Luna 2.0? I am not sure why so many topics about Luna when that project was a disaster from the start?! And if Luna wasn't enough for people to figure it out there now you have it! With Luna 2.0 it's pretty obvious what is it all about!

Well, I am old enough to not feel sorry for people who fall into this trap! I hope they finally learned their lesson! If we see Luna 3.0 I believe people will stay away from it!

I also wonder why there’s too much expectation about this coin, I’m pretty sure they are already over and this update doesn’t help them to at least get the trust back of the investor. I can’t see any good reason to buy LUNA again, it’s too risky now so better to be more careful on buying LUNA. Remember the trust issues is still with LUNA, and that is the big red flag for me.

iv4n

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This is just crazy... did anyone really expect some magical story with Luna 2.0? I am not sure why so many topics about Luna when that project was a disaster from the start?! And if Luna wasn't enough for people to figure it out there now you have it! With Luna 2.0 it's pretty obvious what is it all about!

Well, I am old enough to not feel sorry for people who fall into this trap! I hope they finally learned their lesson! If we see Luna 3.0 I believe people will stay away from it!

JoyMarsha

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The major problem we all face in this crypto space is FOMO and hype. FOMO and hype have done more damage than good in this space. When luna 2.0 was launched on Binance, the kinda hype given to it, makes me wonder if is it not the luna that rug pulled everybody months ago. everyone wants to get involved in the moving train, not considering whether it leads to destruction or not.
I know of a few of my friends that still invested in luna 2.0 after crying about their investment in terra-luna.
It's a terrible situation that people like to learn their lesson in a more bitter way

Tellek Garing

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Quote from: Iyeman on June 09, 2022, 07:36:11 AM

the first time that they left their luna classic anyone should know that their newly made luna just gonna decrease in value since most of the faithful holders have lost their faith in this luna.
the value going down is like really obvious, after trends fade, surely it will go down even further, now it just fluctuates a lot because the trend is still intact otherwise it's just gonna become another shitcoins.
I'm sure most of the holders have moved their investment and asset to something like BNB and ETH that already could be guaranteed gonna be giving back some kind of ROI unlike LUNA

Yes, most old investors have lost interest in the project and are not willing to buy any coin right now, and the way and manner the project director is handling the situation made most investors. lost interest in making the project look like a scam and a way to create more shit coins from the luna 2.0.

So if you look at the luna market conditions lately you will easily notice the unstable nature and if care.is not taken in the next few months from now luna may be phased out of the market.

bestcoins1

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Quote from: raidarksword on June 09, 2022, 01:28:41 AM

Really no hope now to revive and save Terra Luna, it is now a sinking ship in my opinion. Investors and supporters lost faith on this project and so sad many people lost their life savings and worth many committed suicide over this. This is the worth crypto asset meltdown I had seen in my crypto journey. Even the founder just dodging bullets now because many investors angry at him.

There is no other way but to avoid the anger of investors at the founders because it is about losing money and assets that they once owned so it would be very natural for investors to be angry, especially if the amount of loss could be very large through Terra Luna. So there is no need to believe in the new development of Terra Luna so far because the evidence of its ugliness is already there and it is clearly visible.

Topic: Luna 2.0 keeps falling - page 5. (Read 889 times)