Luna just became the new Shiba Inu - page 4.

Maestro75

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Quote from: Renampun on May 14, 2022, 07:31:18 AM

there is a college student who lost a lot because he bought LUNA...

I joined a Facebook group and then the guy shared about his huge loss, he stupidly used his college money to buy LUNA.

But if he had succeeded in making profit everyone would be calling him a wise investor. Now everyone will be blaming him. That is how strange life is. It is sad that Luna is down and those who hold it do not know its final destination yet. Everyone is apprehensive and lost with what is happening right now in the market. Once in life everyone has taken a decision that went the wrong way and no one should behave like they are wiser now.

Len Saldua

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Just noticed Luna is ranked 33 by CoinMarket Cap now. Not saying it deserves that, but coins ranked around 30 usually respond well to market volatility. Especially coins that have fallen and are trying to get back up.

MFahad

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Quote from: Len Saldua on May 14, 2022, 12:14:18 PM

You should watch the latest Alexander Lorenzo video where he says he discovered quite a few whales are holding Shiba in their portfolios. Not saying it's a proper investment, but I think it's better than Dogecoin for fast gains. Get in, 100X, get out. That should be the strategy with these meme coins. Now Luna is no meme coin, but it's probably on its way to become the most talked about crypto in history, after Bitcoin and Ethereum.

This is what happened in the last few days are not good for crypto Market. Luna incident broke people's trust and now it's very hard for any country to accept or legalize Crypto. Top 5 coin with best ecosystem suddenly become memecoins and made rich people poor. Shiba Inu is much better than Luna because it's not down like Luna.

Len Saldua

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You should watch the latest Alexander Lorenzo video where he says he discovered quite a few whales are holding Shiba in their portfolios. Not saying it's a proper investment, but I think it's better than Dogecoin for fast gains. Get in, 100X, get out. That should be the strategy with these meme coins. Now Luna is no meme coin, but it's probably on its way to become the most talked about crypto in history, after Bitcoin and Ethereum.

Metroid

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Shiba inu is scam itself, every bull market new scamcoins are created, scammers create them to steal money from sheeps and then when bear market comes they kill by dumping it to 0, luna was the first, then next bull market they create new ones, it has been like this since 2010. Only scammers win here, suckers that believe in these scams are the ones that suffer the most.

hugeblack

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Shiba is the basis of most misfortunes now because they have printed a trillion dollars of this currency and the main purpose is to raise the market capacity to the maximum extent possible in the least possible time.
So we can see the similarity between what is happening with Sheba and with Luna team printing a lot of coins to increase them MarketCap

cheezcarls

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Looking for gigs

Although it is very risky to buy LUNA as of this time, there are still a lot of crazy enthusiasts who are "dreaming" to become millionaires by just buying at low prices. Yes we see that LUNA did rebounded for a bit from $0.00009 to $0.0004, and some are very happy of their gains as the LUNA/BUSD pair was being enabled again on Binance.

This might be the new hot "memecoin" in the making, but still I won't be buying even at least $10 worth of it. With an almost 7 billion worth of supply, I don't think it's possible anymore for us to see LUNA pumping even further to at least $0.01.

Anonylz

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Hopefully this incident has thought some investors to be more caution with crypto investment and understand the importance of "invest what you can loss". i see so many people complaining about how they have invested all their life savings, i think that's a pretty irrational and careless behavior on the part of this investors. We should all learn a lesson from this. people should know how to manage risk.
The luna circulation is too huge to expect a $1 price, i doubt this will happen except the team are willing to buy back and burn to reduce luna in circulation.

inanilujimi

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https://bscscan.com/token/0x156ab3346823b651294766e23e6cf87254d68962?a=0xdd1e16e9b7dd8f047b982c771a30b526c35e1bf0

see this transaction in just a day can get $ 60k busd with a capital of $ 100 .
clearly this is not my wallet, i only got this from one of the groups i follow.
I hope Luna can hit $1 in the near future considering how quickly they collapsed.

masterrex

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IMHO, I guess the Terra Luna is in a very tough and complicated situation now, because of the recent event that test the capacity of Terra Luna as a platform. Anyway the Terra Luna team is planning to fork Luna before the attack, but it has gotten mixed reactions in the crypto community even CZ of Binance has tweeted against it, so what was next for Terra Luna? thats a million-dollar question that needs to be answered so for now let us wait and see and it might be better to avoid LUNA until the situation is unstable.

bitbollo

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Quote from: StarKay on May 14, 2022, 05:44:25 AM

I think it is too early for this kind of conclusion because Luna as of now doesn't have clarity on its future so whoever is buying it now is more or less gambling.

Shiba Inu has a known total supply and circulating supply, the comparison is uncalled for at this moment especially when a lot of people are still licking their wounds from the Luna crash.

I can't see any gambling on here. I can only see money thrown away or a desperate attempt to speculate on an altcoin that has literally been stopped at the blockchain level.
In practice its value and its use can only tend towards 0 to become more and more negligible.
regaining the $ 1 PEG is just as science fiction, we have just witnessed the death of a "stable coin"

ice18

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Some said its the new Doge because of its huge supply, many speculating they can achieved $1 in no time but this will not happen until no burning of supply happens, this is the ultimate weapon for tera to recover stop minting, repeg ust and so that they can burn more luna coins on circulation, if this happens luna price have the possibility to recover at least a dollar.

cryptoaddictchie

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The supply has been stopped now. Possibly this will be a hugh pump and dump now. I believe this is due to some traders believing on some hype.

Luna has been considered dead and got delisted by some exchange such as Binance. However Cz resume the trading, most likely they are done keeping bags now and waitimg for a huge come back.

TastyChillySauce00

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Quote from: Len Saldua on May 14, 2022, 06:13:43 AM

By the way, I was one of those Hodlrs that got burned... I sold at $36 though, but still lost a lot. Do I expect to get my money back ? No, because that's the risk you take in crypto. Overall the entire crypto space has crashed, but I'm still in profit.

that's better rather than seeing your money gone to the zero. To be honest scalpers are making bunch of profit while the old holders of luna was crying so hard. this caused by when you are seeing the total circulation and talking about 10 cents just like when you are beliving this blockchain worth even more than ethereum or major companies in the world which did not even make sense for me.

ultrloa

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Quote from: Renampun on May 14, 2022, 07:31:18 AM

there is a college student who lost a lot because he bought LUNA...

I joined a Facebook group and then the guy shared about his huge loss, he stupidly used his college money to buy LUNA. in the LUNA telegram community, many have suggested buying LUNA at the current price but I don't believe it's a wise call because the price of LUNA has been badly destroyed. investing in LUNA today is really a big risk, don't give your money to irresponsible developers like LUNA developers.

That's why its never be a good choice to invest while the fear still happening on some project and guess there are many people who's continuously getting wreck for thinking that they are buying at the dip. Lets just hope that everyone can get over with this challenges they experiences and learn something huge lesson for believing on what they think a good project.

Renampun

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there is a college student who lost a lot because he bought LUNA...

I joined a Facebook group and then the guy shared about his huge loss, he stupidly used his college money to buy LUNA. in the LUNA telegram community, many have suggested buying LUNA at the current price but I don't believe it's a wise call because the price of LUNA has been badly destroyed. investing in LUNA today is really a big risk, don't give your money to irresponsible developers like LUNA developers.

The Sceptical Chymist

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Quote from: Len Saldua on May 14, 2022, 04:04:48 AM

Of the 30 or so predictions I heard on YouTube and Twitter about "how high" could Bitcoin go in this bull run ( the 2021 / 2022 bull run ) only ONE got it right ( I won't tell you which one, but I'm sure many of you can guess who )

It's irrelevant who made the prediction, because all of those idiots are just guessing along with the rest of us.

Quote from: Len Saldua on May 14, 2022, 04:04:48 AM

Could it go to 10 cents ? how about a dollar ? Ten dollars ? Nobody knows.

"Nobody knows" is true of any coin's future price, so there's no point to even writing that but do you or anyone else really think a coin that's supposed to be pegged to a fiat currency is ever, ever going to be worth 10x what it's supposed to be pegged at (i.e., $10)? We can rule that out pretty quickly, especially given the fact that Luna has already been closer to $0.10 recently and thus has people fleeing as if there were a bomb strapped to Do Kwon's suicide vest as he's approaching and bragging about how everything is just fine and everybody else is stupid.

GreatArkansas

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Quote from: Len Saldua on May 14, 2022, 04:04:48 AM

I know it sounds crazy but hear me out. Crypto is mostly about speculation, lets be honest.'
(...)

Exactly and people should not only focus on terms of the prices of cryptocurrency or they are just here because of money like an investment. They must first appreciate the real use of cryptocurrency, like how it works or the real use of it in our daily lives.

Speaking of Luna and UST, I was really surprised about it, I didn't expect it will go that low, -100%, gross. It seems it is impossible for Luna to reach it even $1, the supply is extremely high, as time goes by it will be abandoned or forked, depending on the decision of the team.

Len Saldua

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By the way, I was one of those Hodlrs that got burned... I sold at $36 though, but still lost a lot. Do I expect to get my money back ? No, because that's the risk you take in crypto. Overall the entire crypto space has crashed, but I'm still in profit.

Len Saldua

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It's not a scam token if it's making people money dude. The minute it went to zero, the old LUNA project perished... along with UST. This new token is an entirely different thing, no longer promising DeFi or 20% returns on Anchor... this token is all about survival. Things aren't looking good for Terra Luna right now, but there's always a chance it will go back up to something like 10 cents or something like that. If that happens... that means tremendous gains for many of us... hardly a scam.

Topic: Luna just became the new Shiba Inu - page 4. (Read 460 times)