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

Quote from: yhiaali3 on May 29, 2022, 02:21:28 AM

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.

Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.

Honestly Luna being listed or delisted will not change anything for Luna. It's gone and it is not going to recover, the only reason people may want to trade it would be to sell it, at this point I do not think that enough money could be put into it to make it go back up.

Let alone Luna, even UST which hanged in there longer than Luna would be able to recover neither. Both of them are gone, so this project could be considered a dead one. I have been here long enough, over 9 years now, and I have seen plenty of projects dead and dying so I know what it looks like. This is exactly that situation and people who buy Luna at this point, will be losing the money they put in.

bussybuddy

full member

Activity: 1204

Merit: 105

PredX - AI-Powered Prediction Market

Now a day after the launch of Luna 2, I don't see any improvement for the coin, the price of Luna 2 fell from 13$ to 5$ and the price of Luna Classic also fell dramatically to 0.00008$, old and new investors continue to lose until now, this situation is worrying for everyone and Luna team should take better measures to compensate investors for their continued losses, investors have lost confidence and it is difficult to regain it again.
With such a bad situation, I doubt that Luna will be able to live again.

I don't understand too well the ongoing plays involving Luna and Binance, but honestly, I also see some ambiguity from the parties. Obviously, we've seen money lost with this very coin and this entanglement is terrifying as I don't feel there will be any way to adequately compensate investors for the loss. My faith in Luna is gone, and now let's see what they will do by releasing another Luna.

yhiaali3

legendary

Activity: 1848

Merit: 1982

Payment Gateway Allows Recurring Payments

Now a day after the launch of Luna 2, I don't see any improvement for the coin, the price of Luna 2 fell from 13$ to 5$ and the price of Luna Classic also fell dramatically to 0.00008$, old and new investors continue to lose until now, this situation is worrying for everyone and Luna team should take better measures to compensate investors for their continued losses, investors have lost confidence and it is difficult to regain it again.
With such a bad situation, I doubt that Luna will be able to live again.

bestcoins1

hero member

Activity: 2338

Merit: 737

Quote from: lobo13hf on May 28, 2022, 08:05:34 PM

Where from that gets improve? i don't even see any improvement that happened before. People have been selling their old luna and they are doing the same with the new luna as well. The only improvement is if the UST holders able to get some money but again UST was also dumping so hard as well. This is a very bad thing for the whole of people who trust this blockchain before. I glad i never use this garbage stale token based on algorithmic.

There is no room for improvement for UST and LUNC (LUNA v2) at this point because the bad things that happened to them haven't been so long ago that many people won't approach UST and LUNA for a while and even forever because what happened to both of them is one thing. which disappointed investors as well as day traders in a very large number.

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: Wildwest on May 25, 2022, 06:17:07 AM

at this time major changes are in the run and all is starting to improve.

Where from that gets improve? i don't even see any improvement that happened before. People have been selling their old luna and they are doing the same with the new luna as well. The only improvement is if the UST holders able to get some money but again UST was also dumping so hard as well. This is a very bad thing for the whole of people who trust this blockchain before. I glad i never use this garbage stale token based on algorithmic.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: poodle63 on May 28, 2022, 05:21:27 PM

Quote from: Wildwest on May 25, 2022, 06:17:07 AM

This is a bear market all happened so painfully, and many investors who feel lost by terra luna, although at this time they are trying hard to bounce back but all is not happening easily a lot of trust that has disappeared by their partners and reassuring is a very difficult thing to do, at this time major changes are in the run and all is starting to improve.

they just literally forked and made a new coin, I doubt it could be called an improvement if they just abandon their classic luna and then making a new luna with the premise of having significantly lower supply.
if any its just the team has lost any means of recovering the classic luna back because even the supply was already inflated so much that it has become the new shitcoin right now.
this definitely isn't an improvement at all if the original luna is still well below its value before the attack happened and I think things gonna be the same even in months ahead.

If investors won't learn again from their previous mistakes then I don't know what to do with them since no matter what advices we give they won't listen. And this new forked coins is not worthy as the original one and most of these pump is because there's a hype about it but if there's no hype about it greedy people won't invest on it. That's the problem of people these days they only think they could get rich quick in a single day just because it keeps pumping it doesn't mean it will go up in the long run. Altcoins have been doing this in the past already and many investors suffering from losses.

It's just right that Binance did delist this coin already before anyone or someone else would still suffer even more losses.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: Wildwest on May 25, 2022, 06:17:07 AM

This is a bear market all happened so painfully, and many investors who feel lost by terra luna, although at this time they are trying hard to bounce back but all is not happening easily a lot of trust that has disappeared by their partners and reassuring is a very difficult thing to do, at this time major changes are in the run and all is starting to improve.

they just literally forked and made a new coin, I doubt it could be called an improvement if they just abandon their classic luna and then making a new luna with the premise of having significantly lower supply.
if any its just the team has lost any means of recovering the classic luna back because even the supply was already inflated so much that it has become the new shitcoin right now.
this definitely isn't an improvement at all if the original luna is still well below its value before the attack happened and I think things gonna be the same even in months ahead.

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

Quote from: wxa7115 on May 28, 2022, 02:49:51 PM

Quote from: mdzahed134 on May 25, 2022, 11:21:26 AM

Quote from: mdzahed134 on May 25, 2022, 11:21:26 AM

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.

Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.

What I find interesting is what caused them to change their decision so quickly, luna now known as luna classic is still going down in value despite allowing other traders to try to benefit from this market.

Would not have been more healthy to just keep the coin delisted and let it crash all the way down to zero? Because what binance is doing is simply to allow more victims to accumulate as they believed they could profit from this coin and now they are finding out that most likely it is not going to happen.

I see from some of my friends' posts that they are still active for trading Luna v2.0 somehow they still believe it after the problem that made big news a few weeks ago
I agree there shouldn't be a market for the new Luna and for investors who lose, they should receive compensation from the reserve fund it's just that until now we don't know where the reserve funds were moved.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

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.

Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.

What I find interesting is what caused them to change their decision so quickly, luna now known as luna classic is still going down in value despite allowing other traders to try to benefit from this market.

Would not have been more healthy to just keep the coin delisted and let it crash all the way down to zero? Because what binance is doing is simply to allow more victims to accumulate as they believed they could profit from this coin and now they are finding out that most likely it is not going to happen.

mdzahed134

sr. member

Activity: 2226

Merit: 259

DGbet.fun - Crypto Sportsbook

Quote from: erep on May 25, 2022, 05:05:17 AM

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.

Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.

Wildwest

sr. member

Activity: 1701

Merit: 308

This is a bear market all happened so painfully, and many investors who feel lost by terra luna, although at this time they are trying hard to bounce back but all is not happening easily a lot of trust that has disappeared by their partners and reassuring is a very difficult thing to do, at this time major changes are in the run and all is starting to improve.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: asriloni on May 25, 2022, 02:13:54 AM

I know that they are loosing a lot and they were using their last resources to buy luna with the hope the price can go back again to the 1 buck. It's impossible for the price of luna to reach 1 cent and so who will be buying trillions of tokens from the market just to pump the coin that has no future?
That will never happen.

That's why i called them all as gamblers instead of investors.

Many traders believe that Luna will rise at the price of $1 but speculation is just wishful thinking because it is no longer possible for investors to trust their investment in Luna again, I think the team is also uncooperative because they did not consider the token burning solution from the community suggestion.

I have been seeing some poster here that still expect LUNA to return back at 1$ , but for me personally ? like what happened to the scam project/coin in the past? that did not even recovered or have an update after their last movement .

Luna seems to be like those who are truly intentionally created for this kind of plans from the Dev.

Bonenx14

sr. member

Activity: 1033

Merit: 250

Leading Crypto Sports Betting & Casino Platform

Quote from: arifteguhr on May 25, 2022, 04:15:23 AM

We must stay away from projects that are indicated as scams and especially if the project has been determined to be a scam, many traders risk scalping on Luna coins when news comes from Do Kown, but take profit must be taken immediately because it is very high risk if holding it longer.

Any indication of a scam should be wary of investing as it would be fatal if the bubble burst from the high sellers of the whales or the team, so many whales increase the price of Luna after the hype of price increase of $1 or 1 cent but it will be easy for them to drop it after getting high profits.

erep

hero member

Activity: 2282

Merit: 589

Quote from: asriloni on May 25, 2022, 02:13:54 AM

I know that they are loosing a lot and they were using their last resources to buy luna with the hope the price can go back again to the 1 buck. It's impossible for the price of luna to reach 1 cent and so who will be buying trillions of tokens from the market just to pump the coin that has no future?
That will never happen.

That's why i called them all as gamblers instead of investors.

Many traders believe that Luna will rise at the price of $1 but speculation is just wishful thinking because it is no longer possible for investors to trust their investment in Luna again, I think the team is also uncooperative because they did not consider the token burning solution from the community suggestion.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: South Park on May 24, 2022, 11:09:14 PM

however it is simply bad practice, we know now that LUNA is a scam and it is better to stay away of scams out of principle, otherwise you will keep finding justifications to invest in them and one day you will suffer the same fate as those that invested in LUNA near its ATH.

We must stay away from projects that are indicated as scams and especially if the project has been determined to be a scam, many traders risk scalping on Luna coins when news comes from Do Kown, but take profit must be taken immediately because it is very high risk if holding it longer.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: Farma on May 23, 2022, 09:58:00 PM

Quote from: asriloni on May 23, 2022, 06:48:59 PM

Quote from: rodskee on May 24, 2022, 04:15:06 AM

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.

well, you're right. some of the reasons why many people still buy LUNA today is, because they hope the price can reach a high price someday. even when it reaches the price of $0.01 they will make a huge profit. those are their thoughts. I saw some people writing that on their social media walls. actually I've bought LUNA, but now I've sold it.
other than that, another reason is, the current price movement of LUNA is very fast, so it can be used by traders who want to make short-term trades with little capital. not a few people have benefited from the downturn and fluctuation that occurred. it's just that, apart from that, it's still a pretty dangerous investment right now.

I know that they are loosing a lot and they were using their last resources to buy luna with the hope the price can go back again to the 1 buck. It's impossible for the price of luna to reach 1 cent and so who will be buying trillions of tokens from the market just to pump the coin that has no future?
That will never happen.

That's why i called them all as gamblers instead of investors.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

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.

because they are willing to risk, remember that if you are not willing to risk here in crypto you will never get a best result.

and some people now sees LUNA as an opportunity as the price is really cheap and almost no value at all.

so either losing 1$ for hundreds of LUNA , will that amount damage your investment? not at all.

It is true that if you used only a dollar when investing in LUNA then you are not taking a huge risk at all as I suppose most people can afford to lose such a small amount of money in this forum, however it is simply bad practice, we know now that LUNA is a scam and it is better to stay away of scams out of principle, otherwise you will keep finding justifications to invest in them and one day you will suffer the same fate as those that invested in LUNA near its ATH.

rodskee

full member

Activity: 2576

Merit: 205

Quote from: saladin7000 on May 23, 2022, 01:02:23 PM

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.

because they are willing to risk, remember that if you are not willing to risk here in crypto you will never get a best result.

and some people now sees LUNA as an opportunity as the price is really cheap and almost no value at all.

so either losing 1$ for hundreds of LUNA , will that amount damage your investment? not at all.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: asriloni on May 23, 2022, 06:48:59 PM

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.

But if you are a gambler? then why not gamble in Terra Luna now as the price is super cheap and won't even hurt you spending hundred dollars? because if this return to at least a dollar? then you will be on top profit lol.

and besides we sometimes invest in shitcoin then why not in this formerly famous coin?

Farma

legendary

Activity: 2492

Merit: 1001

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.

well, you're right. some of the reasons why many people still buy LUNA today is, because they hope the price can reach a high price someday. even when it reaches the price of $0.01 they will make a huge profit. those are their thoughts. I saw some people writing that on their social media walls. actually I've bought LUNA, but now I've sold it.
other than that, another reason is, the current price movement of LUNA is very fast, so it can be used by traders who want to make short-term trades with little capital. not a few people have benefited from the downturn and fluctuation that occurred. it's just that, apart from that, it's still a pretty dangerous investment right now.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: abel1337 on May 23, 2022, 02:14:16 PM

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.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: saladin7000 on May 23, 2022, 01:02:23 PM

Quote from: saladin7000 on May 23, 2022, 01:02:23 PM

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.

Dessy88

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.

abel1337

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.

saladin7000

sr. member

Activity: 500

Merit: 250

PredX - AI-Powered Prediction Market

Quote from: Ojengonggu on May 23, 2022, 06:48:14 AM

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.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: tbct_mt2 on May 23, 2022, 12:04:46 AM

Quote from: Chato1977 on May 19, 2022, 12:03:27 AM

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.

X-ray

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.

Quote from: Chato1977 on May 19, 2022, 12:03:27 AM

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.

ringgo96

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.

Ojengonggu

full member

Activity: 756

Merit: 105

Trphy.io

Quote from: tbct_mt2 on May 23, 2022, 12:04:46 AM

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.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: whiteblue on May 16, 2022, 02:29:27 AM

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.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: kotajikikox on May 15, 2022, 11:26:15 PM

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.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Ezravdb on May 21, 2022, 10:25:25 PM

Quote from: ajochems on May 21, 2022, 06:36:06 PM

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.

poodle63

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.

Ezravdb

hero member

Activity: 1680

Merit: 506

Trphy.io

Quote from: ajochems on May 21, 2022, 06:36:06 PM

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.

ajochems

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.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: Dinda mayasi on May 14, 2022, 06:05:34 PM

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.

tazmantasik

hero member

Activity: 1113

Merit: 507

Don't Get Involved

Quote from: Jose Mourinho on May 21, 2022, 12:53:05 PM

Quote from: Samurai trieng on May 17, 2022, 12:09:24 PM

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.

Jose Mourinho

sr. member

Activity: 585

Merit: 250

PredX - AI-Powered Prediction Market

Quote from: Samurai trieng on May 17, 2022, 12:09:24 PM

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,

FanEagle

legendary

Activity: 3066

Merit: 1129

Quote from: fullhdpixel on May 19, 2022, 07:47:04 AM

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.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: South Park on May 17, 2022, 01:05:32 AM

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.

Future of Bitcoin

newbie

Activity: 12

Merit: 0

Why do people always go in expensive projects late and believe the hype on youtube and by twitter influencers? They will always lose when they dont trust new early projects that do something better like koinos before the masses go in. Be more like early bitcoin investors Cheesy

good binance delists them, i hope cmc and coingecko do too

Chato1977

member

Activity: 1162

Merit: 58

Quote from: bestcoins1 on May 15, 2022, 03:09:31 AM

Quote from: Ararbermas on May 14, 2022, 08:23:14 PM

there's no hope on this project because investors are really disappointed how it end up like this after all. And it was delisted in a very popular exchange which is in binance?, so for sure this can make an impact to make the situation worse in the future. So i don't think there's still a chance to recover.

However, for now the Binance exchange has re-listed LUNA, but it is still not certain if it will recover in the near future because the market is still not supportive of any recovery at this time so it is only natural that for now there are still investors who are disappointed because they have been harmed by decrease in the price of LUNA in the market.

I am not sure about the Re Listing but what i found is the saddest for the investors who did bought this coin when the price is above 100$ because look at it now?>

this is a nightmare for every investors, damn look how much the price at this very moment?

even if this can recover? I'm not sure if investors will still trust this coin .

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: wxa7115 on May 17, 2022, 12:18:57 PM

Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value. 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

Some people cannot stop themselves from trying to obtain profits without any regard towards the reputation of the coin, it was obvious that this coin was a scam but people decided to invest in it anyway.

So with this in mind it does not surprise me that even now when the price of the coin has plummeted there are some people that are still trying to obtain profits out of it, not realizing the huge risk they are incurring by doing something like this.

Some people really like to take high risks when investing, therefore do not be surprised if we find people who invest in LUNA. They thought that
LUNA would recover one day, and because of the greed that is in them, that's what makes them unable to think realistically in my opinion.
Some people finally still believe that LUNA will provide a very large profit if they buy LUNA now, which is indeed the price of LUNA is very low
right now. Even though I think people who still believe in LUNA's future will regret it in the end, because I see LUNA will end and become
a project scam. How could LUNA be able to increase its price again, and regained investors confidence, after harming many investors with the drastic
fall in LUNA prices. So I saw that there was no hope for LUNA to rise again, therefore I prefer to invest in other projects that are more reliable
and have a high demand.

Mame89

hero member

Activity: 1736

Merit: 501

whether the life of LUNA coin will improve as before, for me it is very difficult to bring investor confidence to come again, many people are very disappointed with the founder of LUNA yesterday and made crypto history. Of course, many people think the next negative. there are other projects that have potential like LUNA.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD