This is shit. How many dumb people are still buying this scam coin. The future can be predicted easily if this token will be going dead soon. The future is not bright. Stupid people keep buying this shit for gambling. They didn't care with their money and their life. How stupid those people are.
I see so many small traders have been loosing even more caused by they were betting on their luck again and again to buy this shit.
This will always be going down no matter what trend that happened in the market. Luna will always become a shitty coin.
Topic: Luna 2.0 keeps falling - page 6. (Read 869 times)
As others have pointed out:
1. Luna no longer has the support and trust of the community
2. Those who received the tokens through bounties will likely sell it right away
So yeah they are doom to fail in the beginning, and it's going to be a big risk for investors for time on Luna 2.0. Lots of factors to consider and mostly they are very negative sentiments on them. For me better wait or just find other projects that has the potential to make money for you. Not a project that has a bad reputation due to it's collapse and bad management by the CEO himself.
Those are the most important point for cryptos to exist. Fail that and we have case of LUNA2, forked out of spire against community's wish by 'undertable dealing' with Terra validators to pass Do Kwon's proposals. Despite CZ warning that you can't just fork a new coin every time running into problems but he still did it. The failure to properly handle Terra de-peg situation goes against LUNC holder's wish. I also blame exchanges that aid Do Kwon by listing his LUNA2 coin and encouraging his ergo further. 1. Luna no longer has the support and trust of the community
2. Those who received the tokens through bounties will likely sell it right away
So yeah they are doom to fail in the beginning, and it's going to be a big risk for investors for time on Luna 2.0. Lots of factors to consider and mostly they are very negative sentiments on them. For me better wait or just find other projects that has the potential to make money for you. Not a project that has a bad reputation due to it's collapse and bad management by the CEO himself.
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's just fluctuates a lot because the trend is still intact otherwise it's just gonna become another shitcoins.
I'm sure most of holders have moved their investment and asset in something like BNB and ETH that already could be guaranteed gonna be giving back some kind of ROI unlike LUNA
the value going down is like really obvious, after trends fade, surely it will go down even further, now it's just fluctuates a lot because the trend is still intact otherwise it's just gonna become another shitcoins.
I'm sure most of holders have moved their investment and asset in something like BNB and ETH that already could be guaranteed gonna be giving back some kind of ROI unlike LUNA
More than -70% in last month and it seems just going to become another scam, I really lost respect after seeing how do kwon respond criticism by harrasing him https://twitter.com/FreddieRaynolds/status/1463960623402913797
really a shitcoin and helpless coin luna to be hopeful of a return to the ATH price. I'm not a luna coin saver, but I feel disappointed because many of my friends have lost and became victims of hundreds of thousands of dollars lost in 3 days. What I'm still curious about is that the founder of Luna had 31k bitcoins in yesterday's case. Will the stored bitcoins be the pump for the upcoming bull season?
Luna v 2 down 70% in 2 weeks and your friends seem like beginners and don't know the risk without seeing the happen in past. Do Kwon bitcoin will not be used for pumping the shits, he knows that. because of that, he did a private account to leave the community slowly 
really a shitcoin and helpless coin luna to be hopeful of a return to the ATH price. I'm not a luna coin saver, but I feel disappointed because many of my friends have lost and became victims of hundreds of thousands of dollars lost in 3 days. What I'm still curious about is that the founder of Luna had 31k bitcoins in yesterday's case. Will the stored bitcoins be the pump for the upcoming bull season?
1. Luna no longer has the support and trust of the community
Community is still big but big holders (top wallets) exited weeks ago. Whales exited and retail investors or gamblers bought the token with a hope that they bought a good lottery ticket.Quote
2. Those who received the tokens through bounties will likely sell it right away
At least, the first batch of airdrop ended. Most of receivers already dumped $LUNA on the market. In next 6 months, no more airdrop with cliff term. I think $LUNA already has its bottom temporarily. Now it is time for Do Kwon to resolve police investigation, accusation against him and Terra team. I don't believe think Terra team and their CEO can resolve it. 
As others have pointed out:
1. Luna no longer has the support and trust of the community
2. Those who received the tokens through bounties will likely sell it right away
So yeah they are doom to fail in the beginning, and it's going to be a big risk for investors for time on Luna 2.0. Lots of factors to consider and mostly they are very negative sentiments on them. For me better wait or just find other projects that has the potential to make money for you. Not a project that has a bad reputation due to it's collapse and bad management by the CEO himself.
1. Luna no longer has the support and trust of the community
2. Those who received the tokens through bounties will likely sell it right away
So yeah they are doom to fail in the beginning, and it's going to be a big risk for investors for time on Luna 2.0. Lots of factors to consider and mostly they are very negative sentiments on them. For me better wait or just find other projects that has the potential to make money for you. Not a project that has a bad reputation due to it's collapse and bad management by the CEO himself.
I gave up on Luna since the crash of the network some weeks back and I don't mind whatever they want to call this new shitcoin it will not last long before it becomes just a pump and dump scheme system and in no time from no luna trading volume will melt to zero thereby phasing out luna era in the market.
Most of the old investors never mind buying the new forked luna as they have already concluded the project to be a trap for losses so they just man up to their previous losses and move on.
Most of the old investors never mind buying the new forked luna as they have already concluded the project to be a trap for losses so they just man up to their previous losses and move on.
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.
Its not surprising because investors probably lose their trust in Luna. So they're taking their money to move on because its quite risky to stay especially if the price of Bitcoin plunge, it will greatly affect the price.
I dont think they can still gain the trust of their investors knowing what happened to Terra Luna. Thus its best not to engage yourself and look for other projects to invest your money.
I dont think they can still gain the trust of their investors knowing what happened to Terra Luna. Thus its best not to engage yourself and look for other projects to invest your money.
Good for you if you didn't buy even if you thought it was a good idea to take advantage of the cheap price. Of course it was cheap. It will always be cheap and will even be cheaper in the coming months because this is LUNA, the coin of the failed Terra project, whether the coin is LUNA 2.0 or LUNA Classic. This is a coin that is representing a failed project with a failed owner and development team. The only reason why it is cheap is that many owners are dumping and there are no investors or buyers to absorb it.
People are losing a lot again in LUNA 2.0. It was $ 19 at the time of the first list but it is constantly decreasing. And it's down to $3 now. It's playing with people's emotions. And it just Continuously fucking people hard earned money. I don't know if it will ever recover. But it is too hard to recover previous position
A foretold death, the new Luna will be like the old Luna, all will soon disappear with Dokwon. There are so many better coins than luna, it's hard to understand why people continue to care about coin created by the same person who stole their money before. Dokwon is the damn guy who caused so much pain to the market and investors. Luna's death was intentional and planned rather than an accident.
I thought it was a good idea to buy some new LUNA coin because the price is still not too high,
but now the price has going down, i think im afraid the price won't recover until Do Kwon do something to regain trust from their investors.
Both LUNA and LUNA Classic are down currently, i don't think it is a good idea to buy those coins.
but now the price has going down, i think im afraid the price won't recover until Do Kwon do something to regain trust from their investors.
Both LUNA and LUNA Classic are down currently, i don't think it is a good idea to buy those coins.
I wonder why people buy and hold the most volatile asset class on earth when you have no idea who the long term winners will be. It is pure guess work… but while all the guesses play out systematic traders in crypto can make an absolute killing. Trend following in crypto works extremely well… why hold through a 60-90% correction when you can exit with simple technical rules that are backtested and known to work… exit, skip the decline and then buy back in when the market really starts trending again.
Systematic crypto is the way to go - it is game changing!
Systematic crypto is the way to go - it is game changing!
even though LUNA version 2.0 has been released I think bad days are still being experienced by LUNA, and whatever changes the development team makes will not be able to restore the confidence of investors and LUNA users who are still very disappointed with terra luna, because they believe that LUNA will not be able to develop as before,
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.
I don't know if there are still wanted to put their money into this project coz as I guess nothing. Likely, this project has come closer to its end.
Im not even getting surprised of this is happening with this coin. Loosing trust from the community means losing its value. People's power will be giving a very big impact to the price. The trust matters a lot in this case. If people are loosing their trust and it doesn't matter how many fork coin that issued in the market. I hope that luna will be dumped again to the zero value. CEO of this coin deserve it. He was untrusted guy with arrogant behavior
The Luna pride fork is a joke really. I don't think anyone with half a brain would expect anything to happen here. People who you see buying this are likely delusional and just trying to cash in on the many people that they think will be dumb enough to buy it. It's sad!!! Oddly enough, many crypto users are expecting the new Luna to get back on track, but how does that happen?
Just today -19.1%, really bad for those who still believe that Luna 2.0 still has a chance to resurrect its old glory, it has become a speculative coin, pump and dumps just like all the new altcoins we're seeing right now, and yet people are still asking if it's ok to invest on Luna now that it's falling, it's better for investors to invest on a more established coin like Bitcoin and Ethereum, not even Binance is safe right now because they are targeted by SEC.
In my own opinion, I think Do Kwon has purposely wanna make Luna 2.0 so that he has additional funds to pay for his impending taxes and other legal issues that he is facing right now. Now that LUNA’s future is so uncertain after this update, expect that it keeps going down and may treat it as the new Shiba Inu later on.
Luna still have remaining funds on there LFG reserve funds if they really want to save the Luna project. The version 2 of Luna was a suggestion by the greedy whales and not Do Kwon alone since there's a vote on there DAO. They just all agree to this suggestion because they will have extra funds to recover some of there loses which they can't if they will use it on buy back to the old chain.
I doubt Do Kwon didn't save funds before the attack or during the attack since there's some question that funds of Luna to stabilized UST didn't use to buyback but rather just sit on a wallet address.
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