LUNC 1.2% burn per transaction = is this true or lies?

ancafe

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Quote from: adaseb on August 22, 2022, 10:44:56 PM

Honestly I would just avoid anything related to Luna altogether. This pretty much is the reason why Bitcoin crashed down to $17K. It’s the reason so many loan providers and market makers went bankrupt. Many people are upset at this coin and I don’t see it having much of a future.

Sure it’s cheap however it’s past will always haunt most people and no large player will invest in it again.

i also do the same. unfollowed LUNA since its price dump. I think that quite a lot of people are waiting for the price of LUNC to go up, that's why they are still following the development process of this project. other than that, I'm also not sure that burning will make the price of LUNC increase, it's because people have lost faith in this project, and are waiting for the moment to sell it if they still hold it. however, the impact that LUNA has had on the crypto world has been dire.

South Park

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Quote from: blockman on August 22, 2022, 08:51:09 AM

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So many people keep being trapped in this shit. No matter how many awareness already made and those people keep fallen into the trap that being used by some garbage scalpers. There's no token burning. that's was only click bait that already made. This scam coin is steadily going down no matter how good the news that was coming. I hope after do kwon will be jailed and people will realize if they have been making big mistake by investing in lunc.

Well, that's why shit projects are still coming in the market because of those investors that never moves on and learn from their mistakes. There's already the thought that this project is f*cked up and then with the said upgrade or what for the compensation of investors, they still hoped that there will be a big thing that shall come into it. But nothing has happened, it just generated new money to these cons and the investors were left behind again hanging hoping that there will be a comeback but they have to realize that there's none.

And this happens because people do not really understand what is behind the markets, those people which believed in the developers when they said they had a plan and thought that just because of that a recovery was imminent and bought even more coins have no idea of how the market works, an asset can only sustain its price if investors keep putting money into that project and that is only possible when they trust the people behind the asset, but when that trust is lost no one in his right mind will do so, which means that regardless of what it is said and done the project will never recover.

SlimShadyMmp

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Luna ecosystem is actually dead to me I think it just need final nails to its coffins but seriously whats going to make people have trust of that ecosystem again I mean seriously who in his normal sense decide to lock up his wealth there Dont forget it has billions of marketcap turn to dust in matter of hours and some people still thin do kwon is getting resurrected Goodluck Personally LUNC is the new doge to me

Quidat

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Quote from: adaseb on August 22, 2022, 10:44:56 PM

Honestly I would just avoid anything related to Luna altogether. This pretty much is the reason why Bitcoin crashed down to $17K. It’s the reason so many loan providers and market makers went bankrupt. Many people are upset at this coin and I don’t see it having much of a future.

Sure it’s cheap however it’s past will always haunt most people and no large player will invest in it again.

Only to those people who do get dragged of with the hype but speaking into those old investors then i wouldnt really see that they would really be making out some involvement again with this
project considering into its past where its value goes to 0% then making up some forks or version 2? Do you really believe that there are still people in the past will really be coming back
and make out some engagement into this project once again? I dont think so, this is why its better to avoid and not to trust up into those Luna devs
no matter how good the proposal of such changes or whatever plans that do have.

adaseb

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Honestly I would just avoid anything related to Luna altogether. This pretty much is the reason why Bitcoin crashed down to $17K. It’s the reason so many loan providers and market makers went bankrupt. Many people are upset at this coin and I don’t see it having much of a future.

Sure it’s cheap however it’s past will always haunt most people and no large player will invest in it again.

blockman

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Quote from: ?? on ??

So many people keep being trapped in this shit. No matter how many awareness already made and those people keep fallen into the trap that being used by some garbage scalpers. There's no token burning. that's was only click bait that already made. This scam coin is steadily going down no matter how good the news that was coming. I hope after do kwon will be jailed and people will realize if they have been making big mistake by investing in lunc.

Well, that's why shit projects are still coming in the market because of those investors that never moves on and learn from their mistakes. There's already the thought that this project is f*cked up and then with the said upgrade or what for the compensation of investors, they still hoped that there will be a big thing that shall come into it. But nothing has happened, it just generated new money to these cons and the investors were left behind again hanging hoping that there will be a comeback but they have to realize that there's none.

South Park

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Quote from: Minecache on August 14, 2022, 11:35:55 PM

Quote from: Kopetunto on August 14, 2022, 02:20:22 PM

Never mind, don't follow about LUNA anymore, my advice,
because projects that have lost the trust of investors will never again become good projects,
even though they reportedly have good plans such as burning or listing. so it's better not to buy to invest.

The loss that Luna caused is so terrible, I know many people still can't believe it's real but we need to get over it and start over. Yes, no matter how well they plan, once investor confidence is gone, there is no way to restore it. Forget Luna, everything is in the past, luna is not the only potential coin of the market and we have hundreds of potential coins on the market, opportunities still abound.

I agree but many people simply do not learn their lesson no matter how painful it was, just a while ago I checked the Terra luna reddit and I remember that when all of this happened things got so bad that it got temporarily closed because many people exposed thoughts of ending their lives because of what was happening and posted about how they had lost all their money by investing in Luna, and yet only months after all what happened there are already people there thinking that Luna is going to recover and produce massive profits, so we must admit that there are people that will never be convinced of the truth even when it hits them right on the face.

SirLancelot

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Quote from: bitkanu on August 14, 2022, 06:44:49 PM

Quote from: Kopetunto on August 14, 2022, 02:20:22 PM

even though they reportedly have good plans such as burning or listing. so it's better not to buy to invest.

Lol are you sure about listing? this will not even helping to give a small pump and it already listed in so many exchange sites as well. There was no good plan anymore. This time regulators are looking for explanation from the developers caused by that. They must be jailed.
They have become harsh with their investors and they must responsible with thing that already happened with luna. this is also affecting trust for crypto

Burning is a must if the supply of the coins is really huge and I think if they have this, it will attract more people as they think that it can make the price to sky rocket but they don't know that it's not enough but in order for a coin to become successful, other factors should also come in play.

The moment this new luna coin came out, it is already listed on some exchanges which is great but they intend to do that because they are trying to help those others who have lost a lot of money on their previous projects. The coin did pump by some percent during their early phase but I don't know if what is the update to the coin now if it's still alive or dying.

Minecache

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Quote from: Kopetunto on August 14, 2022, 02:20:22 PM

Never mind, don't follow about LUNA anymore, my advice,
because projects that have lost the trust of investors will never again become good projects,
even though they reportedly have good plans such as burning or listing. so it's better not to buy to invest.

The loss that Luna caused is so terrible, I know many people still can't believe it's real but we need to get over it and start over. Yes, no matter how well they plan, once investor confidence is gone, there is no way to restore it. Forget Luna, everything is in the past, luna is not the only potential coin of the market and we have hundreds of potential coins on the market, opportunities still abound.

bitkanu

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Quote from: Kopetunto on August 14, 2022, 02:20:22 PM

even though they reportedly have good plans such as burning or listing. so it's better not to buy to invest.

Lol are you sure about listing? this will not even helping to give a small pump and it already listed in so many exchange sites as well. There was no good plan anymore. This time regulators are looking for explanation from the developers caused by that. They must be jailed.
They have become harsh with their investors and they must responsible with thing that already happened with luna. this is also affecting trust for crypto

goaldigger

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Quote from: Kopetunto on August 14, 2022, 02:20:22 PM

Never mind, don't follow about LUNA anymore, my advice,
because projects that have lost the trust of investors will never again become good projects,
even though they reportedly have good plans such as burning or listing. so it's better not to buy to invest.

This can still be subject for manipulations especially if whales started to hype this one again, so be very careful. With the current market situation, I also don’t like putting money here because they already lose the trust of the public and that burning system is not enough to pump this project again. The worst about this is that, the same problem can happen again because the team didn’t make any big adjustments, so if you are still holding and hoping for LUNC to rise again, that’s the risk you should understand.

South Park

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Quote from: Ayers on August 07, 2022, 06:08:01 PM

it's sad that people still believe in dokwon and his team
he stole everyone's money and set up a drama to cover his sins, somehow people still believe in a guy who took all their money, pushed them to the edge of the abyss

whatever his team is doing, i'm sure there's no way to recover luna, unless he spends billions of dollars to save i,t but if you were him, would you be willing to spend your money to save others?

They are being delusional, they do not want to accept the reality of the situation, they are desperate because they bought at a very high price and they have lost everything, but why do they still believe in Kwon? Because he gives them hope, even if it is false hope, after all people like us tell to them there is nothing to do and that they should accept their losses and move on, while Kwon tells them there is still a way out, so when we think about it makes sense they prefer to believe him instead of believing what we say.

Kopetunto

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Never mind, don't follow about LUNA anymore, my advice,
because projects that have lost the trust of investors will never again become good projects,
even though they reportedly have good plans such as burning or listing. so it's better not to buy to invest.

Johnyz

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When the coins have been indicated to be detrimental to investors and try to rise, of course it is a difficult thing, I don't say this is impossible but I'm sure no one will have been patient to wait until it returns to the initial position, if Luna's price can reach 10% before the dump then then I'm sure all investors will sell it.

LUNA might not be able to get back to the top again, don’t get hype with this burning system because again they didn’t make any commitment to repay the losses of big investors, instead they took another path by creating a new token which is not a good solution at all. I think the trust of the public to this project is already over, and I’d rather buy more good coins than to this.

Tomohisa

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Quote from: andresteves on August 08, 2022, 10:57:58 AM

So basically word of advice is to not touch it, ever! Still don't know why LUNA 2.0 is getting so much attention after the LUNC fiasco.

People are so dumb, they never learn from what they have seen before. So many people are also getting triggered by some scalpers if luna will be going to the moon again. I didn't even know what they were thinking about that. I was getting surprised to see that if luna 2.0 was also getting so many attention. it will never recover what already gone. LUNC is a big fail in the crypto history. people are only betting on it. I will not call those people are investors but they are gambling with scam coin.

Both LUNC and LUNA are the dead horse that is now being led by the pump&dump group. I doubt any sensible investors still look out for this coin, just newbies here. Maybe till the Terra Luna team got to jail for the UST peg bullshit that nails a final coffin to this coin so everyone can finally move on from it.

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Quote from: andresteves on August 08, 2022, 10:57:58 AM

So basically word of advice is to not touch it, ever! Still don't know why LUNA 2.0 is getting so much attention after the LUNC fiasco.

People are so dumb, they never learn from what they have seen before. So many people are also getting triggered by some scalpers if luna will be going to the moon again. I didn't even know what they were thinking about that. I was getting surprised to see that if luna 2.0 was also getting so many attention. it will never recover what already gone. LUNC is a big fail in the crypto history. people are only betting on it. I will not call those people are investors but they are gambling with scam coin.

Unfortunately, that is the reality we are living in right now. People are not smart enough to realize that they were fooled once, and they could be fooled again. I actually saw people getting scammed by the scammer who told them they can retrieve their money from another scammer, so not only they got scammed but they got scammed from the same topic twice. So, if you see that, you lose all hope that people would start investing properly and smartly.

I prefer that it would be quite good and long researched project before I invest into anything and shouldn't have a literal "crashed and lost billions to people" hanging over its head before I invest it.

Mame89

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Quote from: fuguebtc on August 08, 2022, 04:37:41 PM

Quote from: Mame89 on August 08, 2022, 01:41:38 PM

with tantalizing advertisements for token burning. I'd better put my money in BNB, ETH, BTC which is certain there will be good growth in the years to come, although not for now. i don't want investors to fall victim to a second time from luna whatever they offer my advice, but that's the right of each. 2540$ was lost in a few days my money in the form of Luna coins

If you've lost money with Luna before, it's best to stay away from what's left of it. If you want to recover those losses, you should put all the rest in bitcoin and ethereum from now on, they will help you recover in the coming years as the market enters the next bull cycle.
There is no point in continuing to pour money into Lunac with a slim chance of only having a 1% chance of success, not even 1 percentage win in my mind.

right, it would be nice no longer to expect anymore about the Luna coin to recover again. but I still haven't received the incident of losing my big asset, but how else can this be the way it is. for now I have not done to buy coins in the future bull. I have planned bitcoin and ethereum for long term investment to recover my lost assets from Luna.

el kaka22

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As long as the name is Luna, you should stay away from it. I really do not know if they burn or not each transaction, but they can burn 1.2% of total supply and I wouldn't care. They screwed up and they can't fix this anymore, it is not going to happen. Just focus on what you can do, and ignore the fact that Luna ever existed.

If you keep on hoping that one day it will get better again, then you are going to end up with a loss all over again. This is why it is dangerous to put any money into it, since it "may" look like it is good for just a while, but then it will end up not being that good at all eventually when the day comes and you will be sorry about it.

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Quote from: Mame89 on August 08, 2022, 01:41:38 PM

with tantalizing advertisements for token burning. I'd better put my money in BNB, ETH, BTC which is certain there will be good growth in the years to come, although not for now. i don't want investors to fall victim to a second time from luna whatever they offer my advice, but that's the right of each. 2540$ was lost in a few days my money in the form of Luna coins

If you've lost money with Luna before, it's best to stay away from what's left of it. If you want to recover those losses, you should put all the rest in bitcoin and ethereum from now on, they will help you recover in the coming years as the market enters the next bull cycle.
There is no point in continuing to pour money into Lunac with a slim chance of only having a 1% chance of success, not even 1 percentage win in my mind.

Mame89

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with tantalizing advertisements for token burning. I'd better put my money in BNB, ETH, BTC which is certain there will be good growth in the years to come, although not for now. i don't want investors to fall victim to a second time from luna whatever they offer my advice, but that's the right of each. 2540$ was lost in a few days my money in the form of Luna coins

Topic: LUNC 1.2% burn per transaction = is this true or lies? (Read 418 times)