The Return Of Terra Luna Classic | Bitcointalksearch.org

Huppercase

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Quote from: MainIbem on July 09, 2023, 09:57:45 AM

I won't have much to say here but I understand is that they know about what they called "trust".
Trust is something that builds reliability, transparency and reputation but since they have soiled the this belief from users and those who entrusted their funds in hand of the project owner I doubt if this same project will gain back the previous popularity again since they had already tanished their images. Hence I will say anyone delving into this project is on its own risk to lose their investment.

The trust is broken but the fact that capital ventures all fell to it, scam wasn't the first impression but I learned that greed contributed to middle stage of Luna and later when Do Kwon started running made everything worse. The APY was insane and everyone knows that was an unrealistic profit but they all caught up in the hype and that was because they all made enough already from the bull run only to waste it on altcoin that was hype by everyone including the youtubers and infleucials and I guess even Binance fell the heat than any other investors.

Any investor that you see hanging around Terra is doing it for two reason, its either the person is trying to make back their losses they had on Luna or the person is trying to make people believe that it will go up mean while the person is trying to make profit from them, but the trust is gone, only the investors who lost money are still hanging around the corner.

woez

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In my opinion, if at this time there are those who feel that certain coins/tokens or projects are no longer in line with our values or in other words, they already have a history of problems such as LUNA, you should review it for a while or if you really want to continue, it's better to be careful. if you want to enter and of course based on information that is developing and leading.

Psynthax

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why so many are so eager to make this coin alive again i just wondered.
basically I think this coin have caused many to lose so much money and yet there are so many that eagerly keep trying to make effort in reviving this coin its just beyond my understanding, do they wanna get scammed twice?

eatsleepkill

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TastyChillySauce00

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Quote from: D ltr on July 09, 2023, 10:46:11 AM

the disappointment still lingers , even with the latest innovations the community will no longer trust it even if they are new members of the terra community itself .
even by pumping/burning coins they won't help the value and confidence to return to terra

Burning coins was only a fake solution to create hype. It has proven if burn meant nothing for the price. Terra luna classi keeps dumped. No more chance for this coin to go up again. Everything already ended since do kwon already jailed by police.

That's very sad to see how so many people keep put their money to invest in this shit scam coin. They never learned from what happened in the past. They keep fooling themselves.

FrozenBit

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Quote from: MainIbem on July 09, 2023, 05:56:37 PM

Quote from: FrozenBit on July 09, 2023, 10:23:41 AM

Quote from: MainIbem on July 09, 2023, 09:57:45 AM

~Snip~

This project is similar to a house card game and it has completely collapsed on trust, even though there are some parts and trying to spread information and to pump/dump we have to. can also feel the failure it has brought. Personally, even if I can spend some money to buy Lunc and wait for an opportunity to increase the price to take profits, I will not do it because I understand this environment has many options and I do not necessarily have to get involved with it. Similar to the OP mentioning it, I think it's simply some hype to push the price up and there will be another big sell-off.

The have already destroyed what they had suffered for and now are secretly wanting to come buy back their trust from their community again which I think is unethical for them to have come back again to rebrand and rebuild their project in other for people to start reinvesting again in a shity project that was ones fallen.

There may be some investors who may want to recover their lost from the past events but to me is somehow a cat and dog game where both are watching and monitoring each other's for a little fault and error. There's nothing wrong to reinvest but is a total lost of faith and trust, I don't encourage such investment.

The story of terra's ecosystem is really messy and complicated, when I really have big questions that I think will also answer itself about how, apart from Lunc, Luna, ust,... what are the things here? And I think they're all failed products and still want the pump/dump after that.
In fact, as I witnessed some of my friends spent a lot of money to invest and almost lost everything, there are also some friends who also benefited quickly from the fairly quick pump and a lot of skepticism. And here we all understand investing is always risky, but with something that has repeated and huge risks, it should be avoided.

Xal0lex

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Quote from: southerngentuk on July 09, 2023, 11:15:38 AM

It has crashed once, so maybe it will continue to crash for a second or third time. So there is no reason for us to invest in a currency that has lost faith in the community. After all, people's trust in the project is what developers aim to develop well, but taking advantage of trust is really an asshole. So it's best not to care about this project. This pointless coin was created once again to warn people not to get too hyped and to teach the crypto community a great lesson.

There is really no point in investing in such projects on a long-term basis, as trust in such coins tends to zero, but these projects are valuable for various short-term investors. I don't remember cases in the altcoin industry that any project after a complete devaluation fully recovered and continued to develop further. What happened to LUNA has put an end to its future. The coin can live for a long time and have some liquidity, but it will never gain the importance and capitalization that it had before. We can safely forget about it.

TastyChillySauce00

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Quote from: D ltr on July 09, 2023, 10:46:11 AM

the disappointment still lingers , even with the latest innovations the community will no longer trust it even if they are new members of the terra community itself .
even by pumping/burning coins they won't help the value and confidence to return to terra

The trust will never come back again. It's enough to see that lunc already dumped so hard. Some people keep believing if this shit scam chain will be going up again. Do kwon already jailed and there's nothing to believe from this garbage scam project.,

Anything has gone. The price, community, trust and many more.

TribalBob

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Quote from: Farma on July 09, 2023, 10:59:23 PM

Quote from: D ltr on July 09, 2023, 10:46:11 AM

the disappointment still lingers , even with the latest innovations the community will no longer trust it even if they are new members of the terra community itself .
even by pumping/burning coins they won't help the value and confidence to return to terra

well, whatever method they use now, people tend to dismiss this coin as a failed coin. However, there have been quite a lot of losses arising from this project. Moreover, even when people adopt this coin, they may just take advantage of its fast volatility to short profits. I am not sure that there will be investors who will keep the money they have for a long time in this coin if it is actually redeveloped.

I also agree that whatever Terra does is useless because the trust of old and new investors is no longer there, if anything, they just take a little luck to take their capital that was sunk by their previous case.

Bolivar_Tony

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Quote from: Xal0lex on July 09, 2023, 09:37:22 AM

Quote from: Dave1 on July 05, 2023, 03:32:20 AM

Quote from: Xal0lex on July 03, 2023, 03:11:59 AM

Scam happened, the coin bankrupted many investors, CEO turned out to be a crook who hid from the authorities for some time, but the community is still discussing the possible return of Terra Luna. What's wrong with you guys? It's time to forget about this crap and switch your attention to some worthy projects that have value and reputation in the community. LUNA has neither of these things, and you are still waiting for some mythical revival, like the phoenix from the ashes.

I guess who spoke about it is trying to hype the project again, they could be related to the devs on someone from inside.

But yeah, it was a traumatic experience for some of us, because of the actual collapsed, Terra Luna has reported that they are heavily investing on bitcoin as well as a hedge and put in on their balance sheet.

But this is just a front as they collapse bringing down all investors with them that they might have bankrupt the majority of us here.

The project brought losses to many investors, they filed lawsuits against them. It is clear that now the developers will try in every way to save the project, to attract some liquidity and somehow cover the losses. Now there is only speculative interest in the project, its utility, as a separate project, is completely dead. In the crypto industry, it is easier to open a new project than to try to revive an old one, which has a lot of problems, including legal ones.

well never say never in crypto space anything can happen, all they need to do is to bring in good team to manage the project better and a well known investors to invest their money there and you will be surprised how the hype will come back because when they restart they will be aiming to go back to their former price and even make a new all time high, so nothing is impossible in crypto space

Farma

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Quote from: D ltr on July 09, 2023, 10:46:11 AM

the disappointment still lingers , even with the latest innovations the community will no longer trust it even if they are new members of the terra community itself .
even by pumping/burning coins they won't help the value and confidence to return to terra

well, whatever method they use now, people tend to dismiss this coin as a failed coin. However, there have been quite a lot of losses arising from this project. Moreover, even when people adopt this coin, they may just take advantage of its fast volatility to short profits. I am not sure that there will be investors who will keep the money they have for a long time in this coin if it is actually redeveloped.

MainIbem

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Quote from: FrozenBit on July 09, 2023, 10:23:41 AM

Quote from: MainIbem on July 09, 2023, 09:57:45 AM

~Snip~

This project is similar to a house card game and it has completely collapsed on trust, even though there are some parts and trying to spread information and to pump/dump we have to. can also feel the failure it has brought. Personally, even if I can spend some money to buy Lunc and wait for an opportunity to increase the price to take profits, I will not do it because I understand this environment has many options and I do not necessarily have to get involved with it. Similar to the OP mentioning it, I think it's simply some hype to push the price up and there will be another big sell-off.

The have already destroyed what they had suffered for and now are secretly wanting to come buy back their trust from their community again which I think is unethical for them to have come back again to rebrand and rebuild their project in other for people to start reinvesting again in a shity project that was ones fallen.

There may be some investors who may want to recover their lost from the past events but to me is somehow a cat and dog game where both are watching and monitoring each other's for a little fault and error. There's nothing wrong to reinvest but is a total lost of faith and trust, I don't encourage such investment.

southerngentuk

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It has crashed once, so maybe it will continue to crash for a second or third time. So there is no reason for us to invest in a currency that has lost faith in the community. After all, people's trust in the project is what developers aim to develop well, but taking advantage of trust is really an asshole. So it's best not to care about this project. This pointless coin was created once again to warn people not to get too hyped and to teach the crypto community a great lesson.

D ltr

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the disappointment still lingers , even with the latest innovations the community will no longer trust it even if they are new members of the terra community itself .
even by pumping/burning coins they won't help the value and confidence to return to terra

SUPERSAIAN

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You don't expect the dead token to respawn, do you? I don't think it will attract attention, now 6 Samurai is very creative indeed. What do they expect when the name changes, literally how many times have they changed their name before? New Luna, Luna Classic, it is not possible for a dead token to be reborn. Especially after such a big case. Once trust is destroyed, it cannot be rebuilt.

FrozenBit

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Quote from: MainIbem on July 09, 2023, 09:57:45 AM

I won't have much to say here but I understand is that they know about what they called "trust".
Trust is something that builds reliability, transparency and reputation but since they have soiled the this belief from users and those who entrusted their funds in hand of the project owner I doubt if this same project will gain back the previous popularity again since they had already tanished their images. Hence I will say anyone delving into this project is on its own risk to lose their investment.

This project is similar to a house card game and it has completely collapsed on trust, even though there are some parts and trying to spread information and to pump/dump we have to. can also feel the failure it has brought. Personally, even if I can spend some money to buy Lunc and wait for an opportunity to increase the price to take profits, I will not do it because I understand this environment has many options and I do not necessarily have to get involved with it. Similar to the OP mentioning it, I think it's simply some hype to push the price up and there will be another big sell-off.

MainIbem

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Activity: 1316

Merit: 379

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I won't have much to say here but I understand is that they know about what they called "trust".
Trust is something that builds reliability, transparency and reputation but since they have soiled the this belief from users and those who entrusted their funds in hand of the project owner I doubt if this same project will gain back the previous popularity again since they had already tanished their images. Hence I will say anyone delving into this project is on its own risk to lose their investment.

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: Dave1 on July 05, 2023, 03:32:20 AM

Quote from: Xal0lex on July 03, 2023, 03:11:59 AM

Scam happened, the coin bankrupted many investors, CEO turned out to be a crook who hid from the authorities for some time, but the community is still discussing the possible return of Terra Luna. What's wrong with you guys? It's time to forget about this crap and switch your attention to some worthy projects that have value and reputation in the community. LUNA has neither of these things, and you are still waiting for some mythical revival, like the phoenix from the ashes.

I guess who spoke about it is trying to hype the project again, they could be related to the devs on someone from inside.

But yeah, it was a traumatic experience for some of us, because of the actual collapsed, Terra Luna has reported that they are heavily investing on bitcoin as well as a hedge and put in on their balance sheet.

But this is just a front as they collapse bringing down all investors with them that they might have bankrupt the majority of us here.

The project brought losses to many investors, they filed lawsuits against them. It is clear that now the developers will try in every way to save the project, to attract some liquidity and somehow cover the losses. Now there is only speculative interest in the project, its utility, as a separate project, is completely dead. In the crypto industry, it is easier to open a new project than to try to revive an old one, which has a lot of problems, including legal ones.

Silberman

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Quote from: Blitzboy on July 05, 2023, 01:56:49 AM

Quote from: LogitechMouse on July 03, 2023, 02:22:58 AM

In cryptocurrency world, once the trust has been broken, it's very hard for it to be regained thus, those projects who often failed for some reasons are just getting abandoned. For some reasons, the old developers of this project rebranded. Now the question is will they be as successful as what it was when it's still on the top 10? I don't think so especially if the trust has been broken already.

Those who saw what happened, and those who experienced losing tons of money because of this project, for sure they will not even touch or they don't even want to heard anything connected to them anymore. On the other hand, there are these newbies who might not know what happen in the past, and they might invest into it because they didn't do any research at all, and they just invested into it. Poor newbies.

What are the chances of the project to be a successful one "again"? Pretty low TBH, and even they will be rebranding, there will be some who will attach them to Terra Luna. The incident that happened months ago has been already written as one of the worst scams in crypto history. As for me, Nahhh I will not touch that project at all. For me, a failed project will always be a failure no matter what they will do with it.

Once trust has been broken, its true that rebuilding it is a difficult uphill battle. Rebranding efforts remind me of a phoenix trying to emerge from the ashes of a doomed undertaking. Does it eventually rise again? Skepticism, on the other hand, helps keep me rooted in reality. It's like developing a new version of a low-rated film and wondering whether people would still go see it. This latter option is the one I like.

Let us not, however, write off all hope for development and alteration. Even though the odds are stacked against you, you should never give up hope. Newcomers to the crypto space, however, may not be as wary since they have never been hacked before. This might give the renamed enterprise a false sense of legitimacy, but eventually the reality will come out.

The likelihood of a successful return seems about the same to me as that of a poor romantic comedy. Keep in mind that, in crypto as in life, it is essential to grow from your experiences. If the stove has ever burnt you, don't use it again no matter how much you think it has been improved.

No matter how much I think about it, a triumphant return of Terra Luna seems like an impossibility to me, it is true that newbies being ignorant about the past may invest in it thinking they are investing in a great coin, but no one that formed part of this market when Luna collapsed will take their risk with that coin, after all even if there are many people out there which love to take massive risks they have their limits too, and Luna is a coin that has a massive risk attached to it and the ROI is simply not there.

Bobrox

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Seems there are not any one cares with return of Terra Luna Network, after scamming many investor and coins price dropped drastically there are never has second chance for Luna network back to higher price and investor want to make second mistake. Its seems possible has chance for Luna network coin back to higher price because difficult to get investor trust after they loss much investment after investing in Luna network coins.

I don't think good ideas with publishing the return of Luna network classic because investor has loss faith for investing in this coin, actually never has any coins get second chance up to higher price after dropping drastically. Have been dilemma for many investor won't spent their money to the same coins has chance for losing again although one day later Luna network will manage by the other owner.

Topic: The Return Of Terra Luna Classic (Read 438 times)