Luna holders will get new token. | Bitcointalksearch.org

Kavelj22

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Quote from: lousie9 on June 26, 2022, 01:56:50 PM

Quote from: Kavelj22 on June 26, 2022, 08:25:47 AM

Apparently, the research released by the South Korean government in cooperation with the SEC organization points to an internal scheme of the working group. According to him, the South Korean government issued a travel ban for all employees who were working on the project.

The American SEC organization had announced the opening of an investigation against the company and its owner, who rumors circulated in the media that he might be involved in obtaining 80 million dollars from a suspicious source, despite the latter’s statement that he only had all his money with the collapse of the project

With the creation of a new coin, this coin still has a sizable market capitalist even though the price continues to decline and currently a bridge platform is available so investors can re-enter to make exchanges, despite the rumors above whether this project is still feasible for long-term investment. look at the current price is still very cheap?

I really don't think Project Luna will suddenly rise from the rubble. What is happening with the new version of it is similar to the process of throwing ashes on the eyes (like an Arab), it is only an attempt to silence public opinion and to make them be patient with those who lost their savings because of Luna, including the trading platforms themselves that must list the new currency in the hope of recovering as much money as possible which They lost by the Luna collapse.

saint_casanova

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Quote from: amihada on May 22, 2022, 04:12:40 AM

I saw that the Luna coin market went up drastically today, maybe this happened unexpectedly because when the Luna coin was not trusted and many were selling it suddenly the price started to rise as evidence that the Luna coin will recover even though it takes time to rise.

LUNC has the same pump right now. It seems like both LUNA and LUNC have the trade volume so low now that any move from whale to accumulate those two will have a strong impact on its price.

lousie9

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Quote from: Kavelj22 on June 26, 2022, 08:25:47 AM

Apparently, the research released by the South Korean government in cooperation with the SEC organization points to an internal scheme of the working group. According to him, the South Korean government issued a travel ban for all employees who were working on the project.

The American SEC organization had announced the opening of an investigation against the company and its owner, who rumors circulated in the media that he might be involved in obtaining 80 million dollars from a suspicious source, despite the latter’s statement that he only had all his money with the collapse of the project

With the creation of a new coin, this coin still has a sizable market capitalist even though the price continues to decline and currently a bridge platform is available so investors can re-enter to make exchanges, despite the rumors above whether this project is still feasible for long-term investment. look at the current price is still very cheap?

Kavelj22

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🔃EN>>AR Translator🔃

Apparently, the research released by the South Korean government in cooperation with the SEC organization points to an internal scheme of the working group. According to him, the South Korean government issued a travel ban for all employees who were working on the project.

The American SEC organization had announced the opening of an investigation against the company and its owner, who rumors circulated in the media that he might be involved in obtaining 80 million dollars from a suspicious source, despite the latter’s statement that he only had all his money with the collapse of the project

ice18

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Quote from: Miaallen on June 24, 2022, 08:56:09 AM

We've all gotten the new coin and rekt with it. I wonder those that did the thinking of creating a new coin to Do Kwon. Apply tax method on transactions would have been the best way to retain the trust people had in him. Why would any investor go into a project which was created because it initial for was attacked and abandoned instead of being defended.

Do Kwon do the wrong move by creating another fork coin, he didnt consider the advise of other investors which burn supply of the old LUNA and stop the minting, In this way it could saved LUNA instead of another failed coin, price crash and untrusted project.

Miaallen

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We've all gotten the new coin and rekt with it. I wonder those that did the thinking of creating a new coin to Do Kwon. Apply tax method on transactions would have been the best way to retain the trust people had in him. Why would any investor go into a project which was created because it initial for was attacked and abandoned instead of being defended.

SistaFista

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Quote from: vanesha on May 20, 2022, 10:13:53 AM

Although LUNA is considered a big con and even a criminal to most people, but with the new LUNA tokens that will be distributed soon proves that the Terra LUNA team is responsible for this incident. attacks render all of them irreversible and the only way is to make new coins with all the new stuff.

But this doesn't solve the problem that the investors facing, loss at their investment value.
We can't imagine if we bought Luna to invest it for long term, and suddenly it become not valuable anymore.
Even with new coin Luna v2, the market cap doesn't have same value from the old Luna before the incident.

tbct_mt2

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Quote from: hamba laeh on June 11, 2022, 01:45:28 PM

Various strategies are being played by the terraluna team to restore public confidence in the terraluna. and the new coin is a team strategy to get a bigger profit. even though their aim is to restore the ground in the market. but if I notice that the chances of terraluna are very small to be able to recover, because terraluna has been considered a coin meme, even though it was once in the top 10 coinmarketcap.

Without transparency and honesty, it is impossible for them to rebuild Terra Luna 2.0. The community are in pain and they don't trust Terra team again if they don't see any big signal of transparency, honesty and community-care orientation.

I wish investors who want to take risk and gamble with Luna 2.0 will have happy ending. I don't want anyone to lose money but we all know the market is a zero-sum game. Money comes from others to your wallets and moves from your wallet to others. It is a cycle, who are winners, who are losers, and you can be both winner and loser, just be one at different time on the market.

DVlog

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Quote from: hamba laeh on June 11, 2022, 01:45:28 PM

Quote from: DVlog on May 13, 2022, 08:47:28 AM

Quote

The community is deciding on a new @terra_money between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA.

We must salvage the remaining value in the ecosystem & community and rebuild the right way

https://twitter.com/stablechen/status/1525023238895837184?s=20&t=-1WYQPCBM04n8tee6cBwQQ

If they are really doing this that means luna holders from pre-attack will get new tokens but what about those who buy later on exchange. People lost money when prices were continuously declining too. They didn't tell their community not to buy before UST repeg in its standards. I also heard rumors that Do kown short his luna to recover the loss that he took by selling his BTC in losing which accelerated the process more.

Luna lose his credibility and all who took any loss should get compensation.

Various strategies are being played by the terraluna team to restore public confidence in the terraluna. and the new coin is a team strategy to get a bigger profit. even though their aim is to restore the ground in the market. but if I notice that the chances of terraluna are very small to be able to recover, because terraluna has been considered a coin meme, even though it was once in the top 10 coinmarketcap.

Their compensation plan with the new luna token didn't work either. People who lost thousands of dollars due to that cash get new tokens worth of few dollars. Old UST holders get more than old luna token holders. The whole ecosystem is now messed up and only some unique idea and magical work can restore its previous prestige.

Asiska02

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I doubt the truthfulness of this LUNA that is been invented. I just feel they’re trying to bring in more or new investors into the project again and trying not to lose but to gain the attention of people that invested in it earlier. All this looks like an hype thing to me, that will be hyped now and then later dumped because am not sure it can regain its initial value like before again.

hamba laeh

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Quote from: DVlog on May 13, 2022, 08:47:28 AM

Quote

The community is deciding on a new @terra_money between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA.

We must salvage the remaining value in the ecosystem & community and rebuild the right way

https://twitter.com/stablechen/status/1525023238895837184?s=20&t=-1WYQPCBM04n8tee6cBwQQ

If they are really doing this that means luna holders from pre-attack will get new tokens but what about those who buy later on exchange. People lost money when prices were continuously declining too. They didn't tell their community not to buy before UST repeg in its standards. I also heard rumors that Do kown short his luna to recover the loss that he took by selling his BTC in losing which accelerated the process more.

Luna lose his credibility and all who took any loss should get compensation.

Various strategies are being played by the terraluna team to restore public confidence in the terraluna. and the new coin is a team strategy to get a bigger profit. even though their aim is to restore the ground in the market. but if I notice that the chances of terraluna are very small to be able to recover, because terraluna has been considered a coin meme, even though it was once in the top 10 coinmarketcap.

kelonmusk

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Quote from: GigaBit on May 22, 2022, 08:08:38 AM

There is no end to the controversy. Different types of news are spread about this Lunu Token. I got a news there where they said they would create new tokens and they would be given as an airdrop among the affected investors. Those who purchased Luna for one dollar or more will be given a percentage and those who bought below it will be given a percentage of airdrop.

it is just a kind of camouflage with the aim of attracting people's attention, especially trying to get back the trust of investors. I can't even imagine the big investors out there buying LUNA coins, say $2/coin, many them frustrated and unable to accept the circumstances. on the other hand I personally would not expect much with the new version of the LUNA coin.

LUCKMCFLY

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Quote from: BitcoinPanther on May 19, 2022, 05:23:18 PM

I wonder how they can compensate Luna Holders. How does a 1B supply fit the current 69+Trillion supply? The evidence is shouting that there will be another batch of bankrupt investors. Forking isn't the answer to the current Luna problem, even CZ gives a hint about it, but the Luna CEO took the easiest and dumbest shortcut while prioritizing their own pocket neglecting new investors who supports the Luna Market during its crash.

Quote from: andyou1234 on May 19, 2022, 12:52:06 PM

i think everyone has gone crazy and lost faith in this project let alone have to buy a new version of luna tokens, i think it's just a trick of the terra luna project developers, i think if they don't plan to cheat their users they should be able to provide clarification on the cause luna prices suddenly drop, but instead they just walk away taking user's money, and as the OP said luna holders will get new tokens, I thought it was just a joke.

Even the Luna CEO lost faith on the current terra market, that is why he is creating a new Terra to have a fresh separate market as a start.

I think the same as you, for me the project is somewhat dead, because where will they get all that money from? How can they recover? unless they are like an Elon Musk who has so much money to respond to each hodler, I see it very difficult, but it should not be surprising, this type of thing usually happens in altcoins, although they can offer the tokens but they are just that tokens, and I understand that they can only rise in price if the BTC is in a bullish trend and if the investors who are from BTC decide to put their money there as a refuge, and that usually happens rarely, but with everything that has happened I think that the security is what counts, and I think that many investors no longer have trust.

GigaBit

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There is no end to the controversy. Different types of news are spread about this Lunu Token. I got a news there where they said they would create new tokens and they would be given as an airdrop among the affected investors. Those who purchased Luna for one dollar or more will be given a percentage and those who bought below it will be given a percentage of airdrop.

uelque

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Quote from: amihada on May 22, 2022, 04:12:40 AM

I saw that the Luna coin market went up drastically today, maybe this happened unexpectedly because when the Luna coin was not trusted and many were selling it suddenly the price started to rise as evidence that the Luna coin will recover even though it takes time to rise.

Maybe it is because investors are trying to take advantage still of the fall hoping that someday it will soon recover. Or it is just simply a hobby of most people in crypto to just keep on buying coin or token at the lowest or coin that has been attacked or fell hard. But actually, I have never seen a coin or token that recovers after falling hard so that is why I don't think it can still recover no matter how good of a coin Luna was. We should be very careful investing. Not because the coin somehow recovers from the fall doesn't mean it will recover and be back to where it was after some time.

adiebitsler

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Quote from: amihada on May 22, 2022, 04:12:40 AM

I saw that the Luna coin market went up drastically today, maybe this happened unexpectedly because when the Luna coin was not trusted and many were selling it suddenly the price started to rise as evidence that the Luna coin will recover even though it takes time to rise.

It can also be a new trap for everyone because the potential to go back down is also still with Luna, so be careful about dealing with it before you get caught in it again because investors have also warned about it for now.

Pejoh Asu

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In my opinion the best solution from Terra who dropped in the market is to immediately convince investors and make a trusted coin stable, and for the short term is to pump again so that it makes investors do not hesitate to return to terra, but if it only gives New Token certainly does not make investor trust with terra.

amihada

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I saw that the Luna coin market went up drastically today, maybe this happened unexpectedly because when the Luna coin was not trusted and many were selling it suddenly the price started to rise as evidence that the Luna coin will recover even though it takes time to rise.

aryana42

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Quote from: Little_Sister on May 20, 2022, 03:18:39 AM

Quote from: aryana42 on May 20, 2022, 03:09:34 AM

Nobody opposed Luna, but many people began to be disappointed with this coin trip, what was aimed at that time at a high price, did not make Luna even better for now, I think Luna's chance to fix everything was almost finished, because people were no longer putting great hope for this coin, personally I have diverted attention to other coins and stored USDT for now

They only had 1 chance to fix it but it seems that they ignored the advice from the large community and also from CZ, so there is little chance of success for the Luna fork the new coin because it was developed not from the real community support factor.

I don't think it is not considered that the suggestions given by large communities and also CZ, but indeed the opportunities possessed by Luna are really small to improve, because the price reduction is so sharp and a fairly short time, making the community and investors start thinking of coins This has no power in defending, so many people are predicted by them to leave, this factor in my opinion is not heard by development, they tend to go without wanting to improve

Cling18

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If they weren't able to handle and manage Luna right, then how will they be able to handle another coin? Lots of investors are now in distress because they have lost even their life savings because of too much trust in Luna. I don't think any coin that is connected to Luna would still succeed because investors have a traumatic experience about investing in it already. They will only think that a new token will only cause them another damage.

Topic: Luna holders will get new token. (Read 1084 times)