Luna holders will get new token. - page 6.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

Quote from: BlaBlaGame.io on May 14, 2022, 06:04:13 AM

Quote from: zasad@ on May 14, 2022, 05:59:18 AM

For speculators, this is now the best coin to trade. The printing press stopped, so prices began to rise. But while trading is active on several major exchanges. I'm very interested in how much the price of UST can rise.

Anyway mass media reporting the SEC got interested in the recent fall and started an investigation against Terra's CEO.

Terra's CEO is a Korean or some other Asian citizen, so I don't think the SEC can do anything about what's going on. Most likely they can just stop any activity with that coin in the US, but no more than that. But the fact that this person has to answer for what happened is obvious. But it seems to me that either the investors will find him and cripple him, or nothing will happen at all.

UserU

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Quote from: zasad@ on May 14, 2022, 05:59:18 AM

For speculators, this is now the best coin to trade. The printing press stopped, so prices began to rise. But while trading is active on several major exchanges. I'm very interested in how much the price of UST can rise.

My initial investment has tripled in value at the time of writing. Let's see how far this can go.

BlaBlaGame.io

copper member

Activity: 22

Merit: 2

Quote from: zasad@ on May 14, 2022, 05:59:18 AM

For speculators, this is now the best coin to trade. The printing press stopped, so prices began to rise. But while trading is active on several major exchanges. I'm very interested in how much the price of UST can rise.

Anyway mass media reporting the SEC got interested in the recent fall and started an investigation against Terra's CEO.

zasad@

legendary

Activity: 1932

Merit: 4602

For speculators, this is now the best coin to trade. The printing press stopped, so prices began to rise. But while trading is active on several major exchanges. I'm very interested in how much the price of UST can rise.

Republikcoin.com

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Leading Crypto Sports Betting & Casino Platform

Quote from: Rupok on May 13, 2022, 11:14:03 PM

I don't think Luna will compensate.How to given new tokens to Luna holders i don't believes this.It's not possible to come back Luna price.Lost credibility from holders and No one expected it.Fast time said it is a very good project so many people invested.Luna loses its credibility no doubt also investors need to understand which project are best.

LUNA's name has gone bad now as a result of a very large and unexpected decline and the team completely ignored the problem so that investors and traders felt disappointed and required them to let go of LUNA after buying which means they all have to bear the loss due to the price decline that happened. So obviously it will be very difficult for LUNA to return to the high price like before.

tvplus006

legendary

Activity: 2268

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To the Moon

Quote from: BlaBlaGame.io on May 14, 2022, 04:14:32 AM

Will see. Yesterday I read the info that a few crypto funds are going to provide a loan to Luna so that they could restore the price of their coin. Donno if this a fake or not.

What do you think, with such an issue, which is more than 6 trillion coins, is it really possible to restore the price to at least $1? After all, in this case, the capitalization of Luna will be more than $6 trillion, while the capitalization of bitcoin is now $500 billion.

BlaBlaGame.io

copper member

Activity: 22

Merit: 2

Quote from: Rupok on May 13, 2022, 11:14:03 PM

I don't think Luna will compensate.How to given new tokens to Luna holders i don't believes this.It's not possible to come back Luna price.Lost credibility from holders and No one expected it.Fast time said it is a very good project so many people invested.Luna loses its credibility no doubt also investors need to understand which project are best.

Will see. Yesterday I read the info that a few crypto funds are going to provide a loan to Luna so that they could restore the price of their coin. Donno if this a fake or not.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

Many are comparing the collapse of LUNA to what happened to ETH when the hacker attack on DAO took place. After that, a hardfork happened and people got the same amount of new coins. But I think the LUNA case is very different, you can't do justice to the coin holders who suffered huge losses here. Especially since many people bought the devalued coins after the crash. I think this story has a sad ending.

coin-investor

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Quote from: Jating on May 13, 2022, 02:10:32 PM

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

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

This, no matter what they do, the damage has been done already, yeah it's good that they will compensate those investors but not everyone can get it.

I guess we should stay away from LUNA for now, the project or the people behind is not to be trusted as we unravel a prior rug pull as well from the same people years ago. It was a total disaster that the whole crypto market went down with them in the last couple of days.

It's hard to get their credibility back they don't have any contingency plan and when in the crucial point when they need to decide they failed to decide it, there's a call to stop the network but they've done it late, they will compensate those who hold their shit coin before the crash and not those who bought it when it's crashing, this one will hurt those who bought unless they can show us a plan on what they are going to do when a similar situation occurs we should not trust this team.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: MidNite36 on May 13, 2022, 03:38:27 PM

I don't expect any positive result from Luna even if they airdrop new tokens to all holders, it still won't erase the disappointment, fear and uncertainties that this project has inflicted on new crypto investors this year, now investors will become extremely fearful with new projects.

that skeptical tbh in my opinion as well because it's like you want to sacrifice again after all the losses. Probably it's true that they will distribute new token but the question is how it can help us to regain our losses? Because for sure its another trap again just to save their ass in the market.. Lol for me much better to lesson learn and stay away on this project to prevent another bad situation.

BitKongy

member

Activity: 405

Merit: 19

Luna needs to abandon PoS now and go proof of work Grin

as crazy as this sounds this looks like the only way to gain a new support from the scratch this time from miners, Grin

this is just an idea that rose from my mind, anyway, the damage is done already and Luna will forever be look at like a scam coin, unfortunately nothing can erase this.

worle1bm

full member

Activity: 1834

Merit: 166

So now they want to again manipulate the whole market for their personal benefits again? The people will be fool if they ever come into this trap once more because you have seen the whole LUNA dumping and people losing millions in just two days so who is willing to loose the same way again?

LouVandetta

sr. member

Activity: 602

Merit: 253

Quote from: libert19 on May 13, 2022, 11:23:47 PM

Imo it would be wise to leave ust and try to bring luna on it's legs, terra was thriving ecosystem. Terra on its own was/is great, the dependency of ust peg to luna is what made them both sink.

I thought so too, it would be better if they leave ust for good. I mean, they tried to save ust before by sacrificing luna but lookat both of them now.
And I've been seeing that a lot of ppl prefers that they leave ust. I'm sure there's a lot to things to take note before they could make a big decision.

UserU

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Activity: 2254

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My passive income eBook @ tinyurl.com/PIA10

Quote from: libert19 on May 13, 2022, 11:23:47 PM

Imo it would be wise to leave ust and try to bring luna on it's legs, terra was thriving ecosystem. Terra on its own was/is great, the dependency of ust peg to luna is what made them both sink.

If they dare to link collaterals rather than algorithms, that's better.

Much restoring LUNA to its former glory especially the price..
sounds like a far shot.

libert19

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Activity: 2520

Merit: 952

Imo it would be wise to leave ust and try to bring luna on it's legs, terra was thriving ecosystem. Terra on its own was/is great, the dependency of ust peg to luna is what made them both sink.

Rupok

full member

Activity: 882

Merit: 100

I don't think Luna will compensate.How to given new tokens to Luna holders i don't believes this.It's not possible to come back Luna price.Lost credibility from holders and No one expected it.Fast time said it is a very good project so many people invested.Luna loses its credibility no doubt also investors need to understand which project are best.

DVlog

full member

Activity: 504

Merit: 212

Quote from: Jating on May 13, 2022, 02:10:32 PM

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

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

This, no matter what they do, the damage has been done already, yeah it's good that they will compensate those investors but not everyone can get it.

I guess we should stay away from LUNA for now, the project or the people behind is not to be trusted as we unravel a prior rug pull as well from the same people years ago. It was a total disaster that the whole crypto market went down with them in the last couple of days.

There were many possibilities to save the project but the team's only concern was to repeg UST which was already lost. Right now the team could buy back every luna token from the market by contacting the exchange because they have most of the liquidity right now. Buy back everything and burn tokens to reduce tokens from circulation. Though the team lost its credibility still there are people who will support luna and their comeback. Especially those who lose thousands of dollars in these incidents.

It is hard to see a great project like luna die. There are tons of generous minds and Dapps in that ecosystem who lose their jobs overnight. Luna had smooth UX which users will miss but what happens in the past few days caused death and irreversible damage to many people's life.

This was a pre-planned attack and the attackers should be punished too.

MidNite36

member

Activity: 208

Merit: 10

I don't expect any positive result from Luna even if they airdrop new tokens to all holders, it still won't erase the disappointment, fear and uncertainties that this project has inflicted on new crypto investors this year, now investors will become extremely fearful with new projects.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

I guess there will be a positive impact maybe in less than 24 hours just to compensate for those losses. But eventually, there's one bigger place that many are thinking where it will go.
Everyone will start dumping it as much as they can and as quickly as they can because they don't want to dwell on losses and with the incompetence of the Terra team.

ningrum

full member

Activity: 1610

Merit: 103

The OGz Club

I don't know what they're thinking?, I think it's hard to put more trust in LUNA Holders,
and I'm sure they're already sad and out of this, I can really feel it,
and it's really unfortunate that the Team from LUNA Airdropped Holders, more both burn supply and stabilize LUNA again

Topic: Luna holders will get new token. - page 6. (Read 1095 times)