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Topic: Terra Luna Delisting from Binance, investors lose millions of dollars! - page 2. (Read 609 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Those only scalpers and gamblers. People who have been going long for luna already gone as they have been robbed by do kwon. People with a good sense will buy ANC instead of luna as the price was still trading at a sense price. LUNA has a non sense total supply. People are so dumb by still buying luna to bet into the volatility. Even some stupid people are burning their own tokens to be called as hero for luna. What a stupid people.
A bit surprised that if people are being fooled to did self burn for luna.
hero member
Activity: 2744
Merit: 588
After there was a big problem with the LUNA project and many investors who have been harmed by the project so that pressure was born from binance who had made a statement that it would delist the coin, and currently only the LUNA / BUSD token pair may be later if the recovery carried out by the LUNA team can be successful then still have hopes that binance will again maintain the coin, with the hard work of the team I am sure LUNA will come back to life.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.
It would be hard for LUNA to reach it's all time high price again in my own oppinion. The community trust have been broken and the concept of luna has been proved that it could be exploited by some whales. Community alone wouldn't take a risk catching falling knives. The risk is very high for luna right now even if they introduce a recovery plan. It wasn't enough.

I really don't think the LUNA team can recover from this crash, if in case they have plans to revive their project.
The investors and holders already lost their trust, do you really think people will spend again if the team will introduce a forked coin?
Aside from that, Do Kwon may only be saying about the recovery plans to avoid heavy backlash from its holders.
But the truth is, they can't do it. They failed and bouncing back would be too difficult for them.
This may not be the last that we hear to suffer massive failure from a known project, so we should always be on alert with our coin holdings.
full member
Activity: 1050
Merit: 100
Vave.com
Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
After there was a big problem with the LUNA project and many investors who have been harmed by the project so that pressure was born from binance who had made a statement that it would delist the coin, and currently only the LUNA / BUSD token pair may be later if the recovery carried out by the LUNA team can be successful then still have hopes that binance will again maintain the coin, with the hard work of the team I am sure LUNA will come back to life.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.
It would be hard for LUNA to reach it's all time high price again in my own oppinion. The community trust have been broken and the concept of luna has been proved that it could be exploited by some whales. Community alone wouldn't take a risk catching falling knives. The risk is very high for luna right now even if they introduce a recovery plan. It wasn't enough.
sr. member
Activity: 500
Merit: 250
PredX - AI-Powered Prediction Market
After there was a big problem with the LUNA project and many investors who have been harmed by the project so that pressure was born from binance who had made a statement that it would delist the coin, and currently only the LUNA / BUSD token pair may be later if the recovery carried out by the LUNA team can be successful then still have hopes that binance will again maintain the coin, with the hard work of the team I am sure LUNA will come back to life.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value
Do you really believe that Binance lost money in this crisis? They did not move their $LUNA from their wallet since 2018 and I am sure they have loss in that investment. However, they likely got profit from the crisis, from margin liquidations along the crash in both Long and Short liquidations. There are more Long liquidations than Short liquidations but there are many x10 rallies along the crash that kill Short positions too.

They would have earned more profit if they bought at bottom and sold at 500x higher price just one day after a delisting day.

Quote
Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
It is not true. People are still hodling $LUNA and trading it intensively. Trading volume shows that.

Even though people still hold Teraluna tokens, but the current tera price is no longer worth it, even though some of them hold large amounts of Luna, but it's useless if the price is not worth it.
Although there are still many of them who keep Luna, their worries always haunt them after what has happened to the Luna market today.
I personally think that even if traders most of the time are only worried about the price there should be an exception to this rule, and what we are seeing happening with luna should be one of those exceptions.

People need to stop investing in that coin because the only thing that you are doing is giving the impression that the project can eventually recover and attract even more people that will eventually lose it all as well, it is better to let the project collapse and to never return, as it is also damaging the image of this market by giving those which are opposed to it the excuse to say whatever they want about this market and giving us almost no opportunity to argue our case.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
this is  a nightmare for every investors, damn look how much the price at this very moment?
Yeah and so many people got shocked after seen their investment worth zero value right now. The scalpers are so crazy by buying this shitty coin as bet. VC and companies who have been investing in the luna already lost a lot.
even if this can recover? I'm not sure if investors will still trust this coin .
Not anymore. Im sure that investors will try to find to way to leave from the market as fast as they can even they need to dump the new version of token to the market asap. They will be getting the new token and this will become a way for them to go away from the market.
sr. member
Activity: 1582
Merit: 279
Vave.com - Crypto Casino
After there was a big problem with the LUNA project and many investors who have been harmed by the project so that pressure was born from binance who had made a statement that it would delist the coin, and currently only the LUNA / BUSD token pair may be later if the recovery carried out by the LUNA team can be successful then still have hopes that binance will again maintain the coin, with the hard work of the team I am sure LUNA will come back to life.
full member
Activity: 756
Merit: 105
Trphy.io
Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value
Do you really believe that Binance lost money in this crisis? They did not move their $LUNA from their wallet since 2018 and I am sure they have loss in that investment. However, they likely got profit from the crisis, from margin liquidations along the crash in both Long and Short liquidations. There are more Long liquidations than Short liquidations but there are many x10 rallies along the crash that kill Short positions too.

They would have earned more profit if they bought at bottom and sold at 500x higher price just one day after a delisting day.

Quote
Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
It is not true. People are still hodling $LUNA and trading it intensively. Trading volume shows that.

Even though people still hold Teraluna tokens, but the current tera price is no longer worth it, even though some of them hold large amounts of Luna, but it's useless if the price is not worth it.
Although there are still many of them who keep Luna, their worries always haunt them after what has happened to the Luna market today.
hero member
Activity: 2366
Merit: 838
Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value
Do you really believe that Binance lost money in this crisis? They did not move their $LUNA from their wallet since 2018 and I am sure they have loss in that investment. However, they likely got profit from the crisis, from margin liquidations along the crash in both Long and Short liquidations. There are more Long liquidations than Short liquidations but there are many x10 rallies along the crash that kill Short positions too.

They would have earned more profit if they bought at bottom and sold at 500x higher price just one day after a delisting day.

Quote
Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
It is not true. People are still hodling $LUNA and trading it intensively. Trading volume shows that.
full member
Activity: 2590
Merit: 228
it is indeed hard to say nowadays because the effect is still there and also there are no big support coming in LUNA's way now so how could anyone look at the recovery?
maybe there are 2 scenarios to come  and those are .

LUNA will totally die soon?

or

LUNA will increase in the coming years.

but as of now , lets admit the fact that there are many losers from this investment .
Everything in coin development there are only 2 things up or down, so there is no choice for all coins right, so even though in luna the coin has a dramatic level of achievement one of the possibilities will be achieved in the future, so I assume there is still hope for the coin luna because how could there possibly be a big pump because it seems that CZ really cares about Luna development and there are millions of assets invested from the binance lab.
is there any related post or link that shows CZ is interested in LUNA? because if there is then i may change my stand for Terra Luna that the future may be indeed brighter if we buy now as the cheapest price Luna can even had?

but if this is just your speculation then forget it , because the way this coin shows its capacity these days? that proves this is a Pump and Dump coin and cannot be trusted for long term.
full member
Activity: 1708
Merit: 126
In Binance huge people had loss their money,many people had thought. This Luna will going to change their life in good manner.But Luna had his real face in the very short time. Because loss is very pain to the investors. They will get into credits and face the ubnormal life.Such things should be omitted by choosing the best coin and stable for the profit with the minimum investment.
Investors have definitely moved and looked at other coins besides Luna now, especially for those who have been at a loss during the downturn and didn't have time to sell all of their Luna assets. Surely for now investors have moved away from Luna and no longer see Luna as a good investment choice.

Luna's reputation has been ruined because of what happened and most investors have lost their trust in it. It would be hard to convince investors to reinvest because it's already hard to predict the future of Luna. It might also have a hard time recovering. It would be wiser for them to look for coins with a better foundation and reputation.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
even if currently LUNA got relisted in various exchanges it has become the new shitcoins, basically it was the manipulation of the market that keeps LUNA going on as of now, the rest real holders has lost significant amount of investment that I doubt they kept trading this LUNA.
and as you can see even the recent bullish that it had after hitting the all time low was due to the fact that some people think there is a glimpse of hope left for LUNA but as you can see even the founder facing lawsuit right now, I doubt it could revive.
hero member
Activity: 1680
Merit: 506
Trphy.io
In Binance huge people had loss their money,many people had thought. This Luna will going to change their life in good manner.But Luna had his real face in the very short time. Because loss is very pain to the investors. They will get into credits and face the ubnormal life.Such things should be omitted by choosing the best coin and stable for the profit with the minimum investment.
Investors have definitely moved and looked at other coins besides Luna now, especially for those who have been at a loss during the downturn and didn't have time to sell all of their Luna assets. Surely for now investors have moved away from Luna and no longer see Luna as a good investment choice.
hero member
Activity: 1305
Merit: 511
In Binance huge people had loss their money,many people had thought. This Luna will going to change their life in good manner. But Luna had his real face in the very short time. Because loss is very pain to the investors. They will get into credits and face the ubnormal life. Such things should be omitted by choosing the best coin and stable for the profit with the minimum investment.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Many investors were surprised and did not expect that the delisting would be carried out so suddenly. However, Binance said this step needs to be done so that investors can avoid even greater losses.
There was something that needs to be done from Binance to save their face and that is what they did by delisting the coin by claiming that it is a Nobel idea to prevent investors from loosing anything further when majority of the investors burned a hole in their bank balance from their investment and profit they made in this space. I wish people would be more careful and do their own research when they invest in this space to avoid these kind of debacle.
hero member
Activity: 1113
Merit: 507
Don't Get Involved
I think it's not only investors who suffered big losses but many parties experienced the same thing, one of them was Binance, where they were affected by the decline because many blamed them for the decline in the price of Luna because Binance had removed Luna on their platform, but the truth is that luna has locked the value to zero, so why should binance store tokens that have no value at all.

I agree with you that a lot of people have felt aggrieved by the decline in LUNA's price, among them investors and other crypto users, especially since Binance has removed LUNA from their list, which further destroys Luna holders, but I don't think Binance is at a loss there, because they only receive fees from any transactions made at the time of buying or purchasing LUNA from their platform,
I think Luna coins have give bad reputation for cryptocurrency world because price drop drastically and make hundred thousand investor losing much money, better really have final decision for stopping listed Luna coin on all exchange market. Right now Do Kwon as founder of Luna coin really happy not any one label him as scammer after how drop price from Luna coin, keep exist and listed on many exchange market after price drop drastically, ever stop awhile delist on Binance but listing back few hours later.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
I think it's not only investors who suffered big losses but many parties experienced the same thing, one of them was Binance, where they were affected by the decline because many blamed them for the decline in the price of Luna because Binance had removed Luna on their platform, but the truth is that luna has locked the value to zero, so why should binance store tokens that have no value at all.

I agree with you that a lot of people have felt aggrieved by the decline in LUNA's price, among them investors and other crypto users, especially since Binance has removed LUNA from their list, which further destroys Luna holders, but I don't think Binance is at a loss there, because they only receive fees from any transactions made at the time of buying or purchasing LUNA from their platform,
legendary
Activity: 3066
Merit: 1129
You should not be sorry to say the truth. Anyone who still keeps their Luna should accept that they lost all of their investment. Something that worth 80k just 10 days ago, would worth less than a dollar right now, how could you hope for that to come back, to anything at all?

This is why it’s clear to me people who are still holding probably realized that, and just said why would I sell it for pennies, would not make sense, and just holding just in case, nothing more. This is not a horrible logic, because what will you gain if you sell it for 50 cents? Not that it will recover or anything, but doesn't worth even the fee you will spend on selling it.
There is a logic about not waiting for it to go down that much. There is a thing called stop loss that they could have used, which means that if the price dropped like 50% for example they would have been out. So in that situation, if you have 1 million dollars, it wouldn't be 50 cents anymore, you would have lost 500k and got out and you would be still fine.

I get that even 50% in that level would be a terrible thing but at least it is 500k that you would still be holding. There are people who lost so much money that they committed suicide because of this, just put a stop loss for this case, and put it on 50% or even 80% and you would be protected against these type of crashes.
hero member
Activity: 2828
Merit: 611
After such a crash there was not much to do, those that are trading luna right now are just speculating with it while those that are still holding their coin and were unwilling to sell have to accept they just lost whatever they invested in luna, I am really sorry for them but after reading a little bit more about the coin it became obvious to me that it was a scam, and I have great difficulty believing that other people did not thought the same but were blinded by the potential profits they thought they could get, and now they are paying the consequences of their mistake.
You should not be sorry to say the truth. Anyone who still keeps their Luna should accept that they lost all of their investment. Something that worth 80k just 10 days ago, would worth less than a dollar right now, how could you hope for that to come back, to anything at all?

This is why it’s clear to me people who are still holding probably realized that, and just said why would I sell it for pennies, would not make sense, and just holding just in case, nothing more. This is not a horrible logic, because what will you gain if you sell it for 50 cents? Not that it will recover or anything, but doesn't worth even the fee you will spend on selling it.
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