Luna classic after the fork - page 3.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: GreatArkansas on May 19, 2022, 09:46:02 PM

I think Luna Classic will become useless for now. As we all know LUNA is connected always in UST before.
I think the Luna Classic will be forgotten and abandoned and the new LUNA will be the new one and main focus, they will fix all the problems that happened on the old LUNA and improve it.

Will LUNA (new LUNA) be related to UST?

As Do Kwon and Terra team announced, they won't bind new LUNA with UST. I think both LUNA and LUNA Classic will not relate to UST but because the core team move to new LUNA, the future of LUNA Classic is very gloomy.

It will be like Ethereum Classic that does not have too good development many years since the hardfork after Ethereum DAO Hack.

Even Do Kwon and Terra did not mention about UST, do you think they try to rebuild a new LUNA and pump it to cover their loss in UST and compensate their investors.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

I think Luna Classic will become useless for now. As we all know LUNA is connected always in UST before.
I think the Luna Classic will be forgotten and abandoned and the new LUNA will be the new one and main focus, they will fix all the problems that happened on the old LUNA and improve it.

adaseb

legendary

Activity: 3808

Merit: 1723

From what I read when Luna classic is launched it will be without UST for obvious reasons. Now whether you should buy this or not is up to you.

Most likely it won’t be a top 10 coin anytime soon. Especially after all that happened. However many in a few years it might gain traction again. So might be a low risk high reward situation. Personally I would just stay away from it.

rugrats

sr. member

Activity: 700

Merit: 250

Vave.com - Crypto Casino

Quote from: panduryk on May 19, 2022, 09:01:44 PM

Quote from: fortuner on May 19, 2022, 08:24:15 PM

Quote from: ultrloa on May 19, 2022, 06:54:05 PM

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

Most provably it is since there are so many institutions backing its revival so a chance for them to bounce back again is huge, but also yoy should remember that price recovery takes time and you may experience pump and dp from its existing investor since many are afraid for something bad that might happen again to them. For now lets wait for the further updates about their future plans towards their coin.

Even though there are still many who support them to get up like the beginning again, but this still requires the process again because everything started from zero again and everyone is still very excited to return to give their trust to Luna, so it's not surprising if everyone still lets Luna run like that .

Yeap, u are right, a lot of people support Terra Luna, and me like smb of them believe in industry crypto, but now im more carefully about luna.
I maked one rule for me, if something brings you down once, u should stay more critical and cautious, and its rule X2 when its fork on any crashed coins, also we know ETC and ETH, it was the same fork, but i we look now to eth, we can see that he make rebirthed with new life and feels good now Roll Eyes

The luna backers are the people who lost money with luna, they are hoping for luna to come back so they can get some money back. Although luna's proposal for a new fork did not receive much support from the community, Do kwon persisted in implementing it. I think people should stop hoping and believe in do kwon.

panduryk

full member

Activity: 516

Merit: 105

Quote from: fortuner on May 19, 2022, 08:24:15 PM

Quote from: ultrloa on May 19, 2022, 06:54:05 PM

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

Most provably it is since there are so many institutions backing its revival so a chance for them to bounce back again is huge, but also yoy should remember that price recovery takes time and you may experience pump and dp from its existing investor since many are afraid for something bad that might happen again to them. For now lets wait for the further updates about their future plans towards their coin.

Even though there are still many who support them to get up like the beginning again, but this still requires the process again because everything started from zero again and everyone is still very excited to return to give their trust to Luna, so it's not surprising if everyone still lets Luna run like that .

Yeap, u are right, a lot of people support Terra Luna, and me like smb of them believe in industry crypto, but now im more carefully about luna.
I maked one rule for me, if something brings you down once, u should stay more critical and cautious, and its rule X2 when its fork on any crashed coins, also we know ETC and ETH, it was the same fork, but i we look now to eth, we can see that he make rebirthed with new life and feels good now Roll Eyes

fortuner

full member

Activity: 259

Merit: 100

Quote from: ultrloa on May 19, 2022, 06:54:05 PM

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

Most provably it is since there are so many institutions backing its revival so a chance for them to bounce back again is huge, but also yoy should remember that price recovery takes time and you may experience pump and dp from its existing investor since many are afraid for something bad that might happen again to them. For now lets wait for the further updates about their future plans towards their coin.

Even though there are still many who support them to get up like the beginning again, but this still requires the process again because everything started from zero again and everyone is still very excited to return to give their trust to Luna, so it's not surprising if everyone still lets Luna run like that .

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

Do you think it will matter at all? Despite all the software development and the hardware behind this market at the end everything comes down to trust, once a form of money does not have the trust of the community then it does not matter what kind of promises the developers may try to make they will never recover that trust and their project will collapse sooner or later, by the way this is something that also happens to fiat currencies and we have seen a great deal of them collapse through history as well.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

Most provably it is since there are so many institutions backing its revival so a chance for them to bounce back again is huge, but also yoy should remember that price recovery takes time and you may experience pump and dp from its existing investor since many are afraid for something bad that might happen again to them. For now lets wait for the further updates about their future plans towards their coin.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: X-ray on May 19, 2022, 06:36:27 PM

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

It's possible but again the trust has been gone and people didn't wanna the fork to happen, luna developers are forcing its holders to did the fork and the community didn't even have intention to forking into the another new blockchain. The result will be the same like the current luna. People are loosing their hope and so many legal actions will be facing kwon for his arrogant behavior and mistake. This will become the end for luna.
You must also see even with the fork announcement and it means if the traffic for people to buy the token must increase but nothing happen with luna.

Once trust is lost then community wont really be turning back or trust up no matter how Luna team will really be trying to cope up everything via means with those fork or something in related with Luna specially to those

who had lost up huge money specially to those who had bought on the peak.Well, its a very common story or scenario for project to have those depreciation or dump in price but not as bad as on LUNA which it dropped 100% which is considered devasting.

Now the team is trying out to have some recovery plan? Trust isnt something that you could really able to assemble easily or take it back.

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: Lsnn on May 19, 2022, 05:02:14 PM

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

It's possible but again the trust has been gone and people didn't wanna the fork to happen, luna developers are forcing its holders to did the fork and the community didn't even have intention to forking into the another new blockchain. The result will be the same like the current luna. People are loosing their hope and so many legal actions will be facing kwon for his arrogant behavior and mistake. This will become the end for luna.
You must also see even with the fork announcement and it means if the traffic for people to buy the token must increase but nothing happen with luna.

Lsnn

newbie

Activity: 7

Merit: 1

Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?

Topic: Luna classic after the fork - page 3. (Read 372 times)