no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.
I'm not sure the feedback from Binance and other exchanges only supports updating of new Luna coins, so not to support internal development of new Luna projects but as exchanges it might be normal to re-listed trades after changes to blockchain or smart contracts.
Topic: LUNA vs LUNA 2.0 - page 5. (Read 758 times)
idk people will trust that much easier on this particular currency. Nope not me for sure
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
Between the benefits and risks they bring, you can really feel it, I am not too for them or against them, but I am not risky with the investment. Of course, the moment it dropped in price too deep beyond the TOP1000 on coingeko, I also bought a few for myself and made some money, but it was not an investment as it was just a game of chance. And now that I see them trying to recover it, I don't mind too much. Everyone will have different thoughts on it for more profit or more loss. This is the survival game of the Terra team and it would be interesting to watch if it would result into a revived and much-improved crypto platform gaining back the trust, confidence and approval of the people it is serving. As for me, I can only wish everybody the best for the very sake of the people who staked and trusted on Terra's viability. And I am hoping that we will never have a similar story to unfold within this year...a story of this magnitude that shook the whole industry should only happen once a year. Now, is Luna 2.0 worth it all? I can only speak for myself and the answer is a big NO but surely many people can still make some big money out of this debacle.
As Luna seeks to pick itself up following the massive Luna crypto crash. I think, It’s just a price recovery plan. I am not sure it will make the old LUNA investors fulfil.
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.to be honest I also have LUNA coins, but I'm not sure that the selling value of the LUNA 2.0 version of the coin can restore the price back. moreover, the supply of LUNA 2.0 Coins is more than the previous LUNA supply.
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
LUNA 2.0 will never be trusted by anyone. It's an obvious ponzi scheme that blew up and now they're trying to make a ponzi scheme from the ashes in hopes that some people are able to get back some of the funds they lost.
The funny thing about the LUNA situation is that it opened people's eyes to HEX being the same sort of scam and we get to watch that implode in slow motion now.
~snip
maybe if they burned LUNC tokens up to 90% it could be their new coin soaring high
maybe if they burned LUNC tokens up to 90% it could be their new coin soaring high
LUNC total supply in circulation is up 15000x from circulation prior to de-peg, so 90% reduction would not do much, 99,99% burn is needed to get back on the beginning, and that would not happen
nevertheless, is this LUNC chain dead from tomorrow, or it will have some purpose, not sure from what I can hear from Terraform Labs
what is interesting is that Terraform should be excluded from the airdrop, so LUNA is becoming community chain after all, and will be interesting to watch from sidelines what will happen with it
No body could tell what will be the fate of these two coins. It can be the next ETH and ETC, may be LUNA 2.0 would reach $100 again just like before or maybe people who previously invested on it will completely leave it. For sure all investors who got REKT or liquidated from the previous crash would curse this coin and promise themselves not to invest again in LUNA.
too hard to go back 100$ for LUNC born again from luna. if measured by speculation reaching 100$, the volume exploded could exceed bitcoin, maybe if they burned LUNC tokens up to 90% it could be their new coin soaring high. on the other hand it is very difficult to move the LUNC coin to become a coin that people like, it could be otherwise no one likes it like it used to. because it has disappointed many investors. Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
SHIT vs SHIT v2.0
Anybody still falls for this scam, he/she deserves to lose all his/her money.
I remember what Bitfinex did when they got "hacked" and lost a few hundred million dollars. They came up with a token which was based on the missing dollars of Bitfinex. In other words, they tokenized their debt. What LUNA team is doing is pretty similar. Anybody buys this crap is donating their hard earned dollars to the whales.
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
The opportunity for Luna to strengthen again is definitely there, as long as they take different steps and developments, indeed if you look further, Luna finds it difficult to restore people's trust in investing in them, but if this can be developed properly, then that understanding will disappear by itself and I believe if this is done, then people's beliefs can change with the evidence they produce 
For the time being I'm not interested in the changes that are happening to Terra Luna, whether there's a token based on LUNA version 2.0, for the time being I'm only focusing on coins that have bright potential and prospects such as Ethereum, Binance, Solana, Polkadot and matic, because I think the coin has a great chance of being able to return the money I lost when I invested in Terra Luna some time ago.
IMO, any coin or token coming from former LUNA/UST is a risk to invest in. What is the assurance that what happened will not repeat itself? I think peoples trust on LUNA ecosystem has been seriously eroded. It will take years to rebuild the trust. While they may be conducting airdrop, people are only seizing the opportunity to grab the tokens and will likely sell off quickly when opportuned. It will no longer be the same. To a some extent, the image of the Luna team as well as the founder, Do Kwon, has also been dented. People may need to take precaution in projects the team members are involved in.
whatever it is I will not believe it and will not return to investing with Luna, now I have resigned myself to the loss of my money because of Luna, but I am very optimistic that if the crypto market recovers then my lost money will be returned by Ethereum, Binance, Solana and polygon (MATIC), because right now I'm still holding the its coin,
no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.
I'm not sure the feedback from Binance and other exchanges only supports updating of new Luna coins, so not to support internal development of new Luna projects but as exchanges it might be normal to re-listed trades after changes to blockchain or smart contracts.I agree with you,,,, even if there is feedback from binance it's just support for updating coins, but it depends on how the LUNA development team responds, but I think luna is difficult to make coin renewals because of trust users and investors have lost to LUNA even though changes have been made.
There is one thing that I have come to understand in the crypto space, once you fucked up the trust that investors have in your project it's the end, in crypto space investors trusts isn't something you can joke with and later try to build again, it's never going to work.
I share the same opinion, in Cryptocurrency there is no such thing as a second chance, Do Kwon is doing this to salvage his tarnished reputation, not for investors to regain their investors, which is unlikely to happen, no way they can get their all-time high again, best for him is to take a back seat and someone who is more worthy of trust to run the project, people hate to see Do Kwon on media he is a scourge in the community.
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
I don't hold Luna myself and i also never held any Luna so i don't follow the development of that project that closely, but of course i am also aware of the event that happened with Luna and UST, where the stablecoin could not hold it's price which caused people to start panic selling which made things even worse of course and started a downward spiral that could not be stopped.
As far as i know Luna Classic stays the same as it was before so i doubt that i will gain significant value again. Luna 2 tries to improve on the stablecoin algorithm but of course everyone still associates Luna 2 with the classic Luna which is a bad thing because of what happened.
no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.
I'm not sure the feedback from Binance and other exchanges only supports updating of new Luna coins, so not to support internal development of new Luna projects but as exchanges it might be normal to re-listed trades after changes to blockchain or smart contracts.
There is one thing that I have come to understand in the crypto space, once you fucked up the trust that investors have in your project it's the end, in crypto space investors trusts isn't something you can joke with and later try to build again, it's never going to work.
Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed. Jump to: