The truth about Terra Luna Classic | Bitcointalksearch.org

milewilda

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Quote from: JANUS23 on February 06, 2023, 03:24:47 PM

Quote from: wheelz1200 on January 22, 2023, 05:19:11 PM

Quote from: blockman on January 22, 2023, 02:32:26 PM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

As long as people are buying and selling it and he can make a percentage on the trade then why not. It amazes me how much people are willing to put into luna at this point. It's a complete gamble that will eventually fade away. Lunacy if you ask me.

Its crypto, remember. We don't care about losses. We're always thinking a possible happy ending somwhow

And searching for happy ending doesnt really always happen but we wont be able to experience these endings unless we do try or unless we dont take the risk and this is why its peoples choice whether they would be able to bare out with the risk or not.So its a personal choice whether you could take up such further step if you are really that prepared for whatever things that might happen.Going back about Terra Luna Classic
which we do know on whats into its past which is really that unfortunate into its investors but surprisingly they are still alive and kicking despite of having those lost up trust into their team
because of what happened.Whose the ones been pumping lately? Its an obvious answer.

JANUS23

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Quote from: wheelz1200 on January 22, 2023, 05:19:11 PM

Quote from: blockman on January 22, 2023, 02:32:26 PM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

As long as people are buying and selling it and he can make a percentage on the trade then why not. It amazes me how much people are willing to put into luna at this point. It's a complete gamble that will eventually fade away. Lunacy if you ask me.

Its crypto, remember. We don't care about losses. We're always thinking a possible happy ending somwhow

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

LoL I thought you are going to reveal something about them but it turns out that you are also curious on what is happening with them lately. From the recent increase and now to this? Maybe trustwallet or binance are being paid to make the partnership possible. Are they still a giving a hope that those who lost on old luna will recover? Hmm well, I think that was true.

It's up to you now @OP if you will join this ride but just only remember that there are still other good coins out there with no issues whatsoever. I will always prioritize them because they are the only coins where I can have a peace of mind despite of their volatile nature.

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Quote from: fuguebtc on February 02, 2023, 08:12:20 AM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

To be fair, Lunc is like other projects, no one knows in advance what will happen, it can recover or be pumped or will die forever, anything can happen. But why would we risk investing in a project that has collapsed before when we have much better options and much better returns? You can also invest in it, but it will be riskier than other projects, if you have risk tolerance there is no problem with investing in it. If it were me, I would invest in other projects, on CMC we have thousands of potential projects, there is no reason to believe in a project that has scammed us before.

The only conclusion we can make is there are many traders that do not care at all about the legitimacy of the coin in question and there is only one concern that goes through their minds, and that is to make money no matter what, and even if in a way this makes sense as that is the goal of every single person in any market, at the same time some sort of limits should be in place and projects which are known scams or very likely to scam us should be off-limits.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

To be fair, Lunc is like other projects, no one knows in advance what will happen, it can recover or be pumped or will die forever, anything can happen. But why would we risk investing in a project that has collapsed before when we have much better options and much better returns? You can also invest in it, but it will be riskier than other projects, if you have risk tolerance there is no problem with investing in it. If it were me, I would invest in other projects, on CMC we have thousands of potential projects, there is no reason to believe in a project that has scammed us before.

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I'm not sure that Terra will recover, where as we know the price of Terra is so far from their ATH price, it takes a very big pump in this case, the problem is whether there are still people who want to buy and invest again

trust wallet problem paying 15% profit , only they know the truth and what is their goal in this matter
I personally would not invest with a fallen coin

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Quote from: blockman on January 22, 2023, 02:32:26 PM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to stake it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in a total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

One of the fees that centralized exchange get from coins listing in the token/coins in large amount, and Binance in the past few years have been the leading figure of a centralized exchange, this has made it possible for Binance to hold large starch of those coins so at the moment we're the tera luna is craps and crashed project, the exchange is at lost and in other to get a fair recovery for there services in aiding the scam the need to keep the coin listed.
*This is the same with all the other exchanges that seem to be supporting the recovery of Luna classic.
*fairly speaking Luna classic has not done well in the market to pronounce its success.

zasad@

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Quote from: Cling18 on January 28, 2023, 02:33:24 PM

Quote from: zasad@ on January 28, 2023, 02:21:56 PM

Quote from: Wong Gendheng on January 28, 2023, 02:35:46 AM

I was still hold Luna for $ 350, I bought 7 months ago when Luna drop price was significant and if calculated there was a profit of around $ 30 because I bought $ 320, I think Luna still had power for rising, this could be seen from the volume of large transactions and binance It is still a power of Luna to continue to pump in the future.

The ecosystem is practically dead, I don’t exclude pumps and dumps from manipulators, but in order not to lose money, I would wait for growth by 200-300% and take my investments, and then calmly wait for growth with free coins. But I would not invest large sums in this project.

We can't rely on this coin's capability because its reputation is completely ruined but we can take advantage of its pump and dump and just make a profit out of it. We only have to make sure that we are taking profit wisely because this type of coin isn't reliable when it comes to long-term holding so we should still be careful.

We can make a profit if we invest in serious projects, the price of which has fallen by 90% or less. For example, DOT, IMX (not financial advice). By investing in a dead ecosystem, you can lose 80-100% of your investment. But I do not believe that the price of the DOT coin will fall by 80%. Do you have risk management or do you prefer cryptocurrency gambling?

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Quote from: Silberman on January 27, 2023, 11:49:25 PM

Quote from: bitterguy28 on January 25, 2023, 12:28:53 AM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

never trust everything that tries to lure people with good option because if it is too good to be true then it is very risky.

Terra Luna's fall will effect everything inside it so yes, either it is true or not? better to take precaution and only invest the excess amount that you can truly afford to lose mate.

To this I will add that not only those numbers are unrealistic, even if we were talking about a good coin, but we are talking about Terra Luna, a confirmed scam, what else investors need before they realize that investing their money in a confirmed scam is a bad idea? I recommend to anyone considering to invest their money on that coin to take a look at the posts made by those which were invested in Luna when it crashed and read about how devastated they were by it, and if they invest in Luna now that will be them in few months.

completely said here mate , and I believe even if how many revising or project they come out but with the name of LUNA and the team behind this? surely the first will be doubt and never to invest from investors mind.
so maybe its time to close their plans and divert instead to other places but not here in crypto.

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Quote from: JeffBrad12 on January 28, 2023, 06:08:39 PM

luna has no future, it's already abandoned coins, there certainly won't be any updates that gonna brings life to it, so why sweat over this coin and risk your investments you better off investing in solana and matic, they have better futures, bigger chance of increase also lesser risk losing money because they are considered good investments in general, heck even investing in shit coin is better than investing in this coin at least the return could justify the risk of investing in some shitcoins in general.

Many investors are willing to take a risk with Luna because they have the naive belief that Luna at some point could recover and reach a new all time high, and they calculate that if they invested now then even if their investment was small they will become very rich if that was the case, so they are willing to take their chances with Luna even if for people like us it is obvious the coin is dead and it is never going to come anywhere close to their all time high.

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luna has no future, it's already abandoned coins, there certainly won't be any updates that gonna brings life to it, so why sweat over this coin and risk your investments you better off investing in solana and matic, they have better futures, bigger chance of increase also lesser risk losing money because they are considered good investments in general, heck even investing in shit coin is better than investing in this coin at least the return could justify the risk of investing in some shitcoins in general.

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Quote from: Wong Gendheng on January 28, 2023, 02:35:46 AM

I was still hold Luna for $ 350, I bought 7 months ago when Luna drop price was significant and if calculated there was a profit of around $ 30 because I bought $ 320, I think Luna still had power for rising, this could be seen from the volume of large transactions and binance It is still a power of Luna to continue to pump in the future.

It depends on how they intend them because actually in this case I have doubts and very doubts about it regardless of anything if there is no hype then I don't think there will be anything significant for them.
If there is still a chance I think it would be better to get out I think even though in the end there will be a steady increase this might not happen for long because in the end it's just a pump that doesn't make sense quickly then the price will return to its original place below after the profits are in get.

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I think people should learn enough that investing in luna is really worst decision ever after it has become shitcoin, quite literally luna caused so many people out there losses money yet I wonder why so many people are still trusting it and even investing until now.
if by investing in luna even after series of crashes and manipulation you're still hellbent in investing in luna and then you lose your money afterwards then I got no more words to say. If you want legit investments just invest in bitcoin and ethereum.

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Quote from: bitterguy28 on January 25, 2023, 12:28:53 AM

never trust everything that tries to lure people with good option because if it is too good to be true then it is very risky.

Terra Luna's fall will effect everything inside it so yes, either it is true or not? better to take precaution and only invest the excess amount that you can truly afford to lose mate.

Yes, that's true, the Fall of Terra Luna is a reminder for all of us to be even more observant in investing. Experience should make us think again about investing in Lunac, because if things turn out like before we won't be able to do anything after weeping over regrets. Therefore, look for safer crypto investments.

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Quote from: zasad@ on January 28, 2023, 02:21:56 PM

Quote from: Wong Gendheng on January 28, 2023, 02:35:46 AM

I was still hold Luna for $ 350, I bought 7 months ago when Luna drop price was significant and if calculated there was a profit of around $ 30 because I bought $ 320, I think Luna still had power for rising, this could be seen from the volume of large transactions and binance It is still a power of Luna to continue to pump in the future.

The ecosystem is practically dead, I don’t exclude pumps and dumps from manipulators, but in order not to lose money, I would wait for growth by 200-300% and take my investments, and then calmly wait for growth with free coins. But I would not invest large sums in this project.

We can't rely on this coin's capability because its reputation is completely ruined but we can take advantage of its pump and dump and just make a profit out of it. We only have to make sure that we are taking profit wisely because this type of coin isn't reliable when it comes to long-term holding so we should still be careful.

zasad@

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Quote from: Wong Gendheng on January 28, 2023, 02:35:46 AM

I was still hold Luna for $ 350, I bought 7 months ago when Luna drop price was significant and if calculated there was a profit of around $ 30 because I bought $ 320, I think Luna still had power for rising, this could be seen from the volume of large transactions and binance It is still a power of Luna to continue to pump in the future.

The ecosystem is practically dead, I don’t exclude pumps and dumps from manipulators, but in order not to lose money, I would wait for growth by 200-300% and take my investments, and then calmly wait for growth with free coins.But I would not invest large sums in this project.

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Quote from: Strongkored on January 28, 2023, 08:49:13 AM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.
Thank you.

It could be that the staking idea came from the terra luna classis developer to make people want to buy and hold and staking it because there is a profit to be achieved, namely 15%, but this must still be a precaution and you shouldn't trust a coin that has failed and gives big loss to the holder and I'm not sure that this coin will recover

That could be another risk to take, and probably those developer are trying to revive the project so they can recover their own money as well. You can actually grab that opportunity if you already have your LUNC but if you are just going to invest right now, I don't suggest it because its too risky and there's no guarantee that you can actually make profit with that staking, it can be useless once you already know the real value of LUNC, better to avoid it.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.
Thank you.

It could be that the staking idea came from the terra luna classis developer to make people want to buy and hold and staking it because there is a profit to be achieved, namely 15%, but this must still be a precaution and you shouldn't trust a coin that has failed and gives big loss to the holder and I'm not sure that this coin will recover

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Its the reward from their staking or possibly on the delegation on terra platform. I cant say that they will recover yet based on figures and imagine the loss of a lot of investors and traders that been shockingly dissapointed during its incident. Also there are some reported of suicide due to the heavy losses. The founder of this project should be ashamed of their strategy.

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I was still hold Luna for $ 350, I bought 7 months ago when Luna drop price was significant and if calculated there was a profit of around $ 30 because I bought $ 320, I think Luna still had power for rising, this could be seen from the volume of large transactions and binance It is still a power of Luna to continue to pump in the future.

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Quote from: bitterguy28 on January 25, 2023, 12:28:53 AM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

never trust everything that tries to lure people with good option because if it is too good to be true then it is very risky.

Terra Luna's fall will effect everything inside it so yes, either it is true or not? better to take precaution and only invest the excess amount that you can truly afford to lose mate.

To this I will add that not only those numbers are unrealistic, even if we were talking about a good coin, but we are talking about Terra Luna, a confirmed scam, what else investors need before they realize that investing their money in a confirmed scam is a bad idea? I recommend to anyone considering to invest their money on that coin to take a look at the posts made by those which were invested in Luna when it crashed and read about how devastated they were by it, and if they invest in Luna now that will be them in few months.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

never trust everything that tries to lure people with good option because if it is too good to be true then it is very risky.

Terra Luna's fall will effect everything inside it so yes, either it is true or not? better to take precaution and only invest the excess amount that you can truly afford to lose mate.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

I don't know the facts regarding what's going on, and after all that, I know it, like some of the coins in this space, will still have supporters and opponents. Maybe what's been going on lately shows that everything seems to need a fresh start, after so much drama that I've seen Terra Luna Classic is still up and running but hopefully for those who haven't had any luck with it. . Anyway, participating in the market will have many different approaches, there are many opinions on these issues from an individual or collective point of view, from what I know, accepting to earn money. Profit with it or loss is also not a special story to me.

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Quote from: Adbitco on January 24, 2023, 04:48:06 PM

Other thing I m looking at is that team are trying to gain more trust from people being that they have been recorded as scam before. The 15% you said might definitely to attract new investment. I see people speculating about this project, well I don't have much to say but one thing certain is that we might see something unusual in this project that would make people to invest again. Believe me or not, the team are working seriously to make sure the project gets it feet back but this might take a longer time.

Investors need to stop being so greedy, it does not matter if I was offered 100% or even 200% for staking Luna, I will never do it, think about it free money is literally being offered to hold this coin, while those holding bitcoin were willing to endure losses above 50%, this should tell you everything you need to know, as those holding bitcoin know they have a very good coin in their wallets and they are not willing to sell it not matter what, while a coin like Luna needs such incentives and even that is not going to be enough to attract even a small minority of those which lost their money with this scam.

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Quote from: Hildentine on January 24, 2023, 12:36:53 PM

I think Luna Classic is a past stronger project but they suddenly down and alot people loss there fund so it that point people can't interested in that project more.
So many news are coming luna classic pump in future and they reach $1 but i simple said that its a very difficult they reach that figure because people not invest there Money in this project because they already loss.

Considering their total supply, it will be too impossible for LUNC to reach that price level.
There’s already a trust issue with this token, and regardless if they make big improvements not all investors will come back because they know, its just a hype. If that staking is worth it, then many should do it but overall not all are interested and for me I think its not worth the risk as well. If big exchanges will delist LUNC, that can be the start of another fall for them so be careful with this token.

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Other thing I m looking at is that team are trying to gain more trust from people being that they have been recorded as scam before. The 15% you said might definitely to attract new investment. I see people speculating about this project, well I don't have much to say but one thing certain is that we might see something unusual in this project that would make people to invest again. Believe me or not, the team are working seriously to make sure the project gets it feet back but this might take a longer time.

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Quote from: Wiwo on January 24, 2023, 01:22:32 PM

Quote from: Hildentine on January 24, 2023, 12:36:53 PM

I think Luna Classic is a past stronger project but they suddenly down and alot people loss there fund so it that point people can't interested in that project more.
So many news are coming luna classic pump in future and they reach $1 but i simple said that its a very difficult they reach that figure because people not invest there Money in this project because they already lose.

It's weird to think that luna classic will ever reach $1 after it dumps sometime ago, we should be aware of the fact that there are tons of luna classic in the hand of some whales that can easily dump their coin in the market. I will advise everyone not to concentrate a high amount of investment into this coin, I know there has been some whale comment about the coin from ethereum developers and some other exchanges CEO who have a large amount of the coins but are currently at a loss, and at whatever point the coin recover a little there could easily dump it since every old investor is presently at lost and waiting for any opportunity to sell them off to cut loses.

It is not just weird, but it is literally insane to think that it would happen. The idea that it could happen is as insane as it is, but if it ever happens? That means people are fine with a project that got their money stolen and they are willing to put even more money back into it yet again with a risk of it being stolen yet again.

I mean if someone took my money, and got it stolen by someone, I would not trust that person with my money ever again, and yet there are so many people who still put their money put into it, no idea why they do that at all. I hope that they do not consider that as a thing ever again, I hope they will fix it and not do it.

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Quote from: Hildentine on January 24, 2023, 12:36:53 PM

I think Luna Classic is a past stronger project but they suddenly down and alot people loss there fund so it that point people can't interested in that project more.
So many news are coming luna classic pump in future and they reach $1 but i simple said that its a very difficult they reach that figure because people not invest there Money in this project because they already lose.

It's weird to think that luna classic will ever reach $1 after it dumps sometime ago, we should be aware of the fact that there are tons of luna classic in the hand of some whales that can easily dump their coin in the market. I will advise everyone not to concentrate a high amount of investment into this coin, I know there has been some whale comment about the coin from ethereum developers and some other exchanges CEO who have a large amount of the coins but are currently at a loss, and at whatever point the coin recover a little there could easily dump it since every old investor is presently at lost and waiting for any opportunity to sell them off to cut loses.

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I think Luna Classic is a past stronger project but they suddenly down and alot people loss there fund so it that point people can't interested in that project more.
So many news are coming luna classic pump in future and they reach $1 but i simple said that its a very difficult they reach that figure because people not invest there Money in this project because they already loss.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

At this point, investors should consider moving away from this project after it collapsed on them leading to huge loses and whatever, terra luna classic is not different from the crashed terre luna coin and by the way one can not trust any projecr that have had a track record of a crashed and swapped process because there is no clear disconnection of both old and new since individual holder can possibly swap their old coin to a new one.
So it becomes a win win for the team whi dumped the old tokens and has tons of the old coin to swap to ×2 of the new coin.

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It's not, and it won't. There will be a lot of marketing by the team to make sure that people come back to it, so that it could revive again but as we all know it's not going to happen and it's a dream, nothing more. In reality Luna and anything related to Luna, including the classic, will not be a good project ever again. It's going to end up being as bad as it gets and it's going to cause as much trouble as it possibly could.

We just need to learn to live with the fact that it's not going to come back with any problems at all. I know it's not going to be easy, I know it's going to cause a lot of trouble to many people to face the reality, but no matter how upsetting it is, we just need to accept it.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

Let the dead continue resting

Why would you have to focus on a project that literally made thousands lose money and got abandoned by the owner because he personally very well knows it will neevr recover?

Just go look at the circulating supply of LUNA classic before and the after the LUNA crash. You will understand why it will never recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?

To attract people like you who have no idea about market manipulations and make you buy and hold shitcoins

Why is it so hard to buy Bitcoin and wait for a 15 or 20% price rise and sell it off. This can all happen in less than a month or week.

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Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.
Thank you.

No. Damage is beyond repair. Of course there will be people buying and selling it but they are either just trading or waiting for a miracle. They don't realize how these kind of fatal issues has turned out in the past.

Quote from: Kelvinid on January 23, 2023, 04:33:40 PM

That is the only that keeps this project alive because investors are not trusting them anymore, maybe some greedy people who after that 15% reward.
As we can see, a big exchange like Binance is not accepting Terra Luna meaning they are not also comfortable having this project on them for they believe that this might cause a problem in the future, and might investors/holders will blame CZ.
-cut-

I am not sure what you are talking about. Terra luna and terra luna classic are being traded in Binance. And why wouldn't they as long as they bring money to binance? Someone could ask that is it moral thing to do not delist it but there's money to be made by shorting and longing and they won't be turning that revenue down.

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Merit: 344

win lambo...

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

That is the only that keeps this project alive because investors are not trusting them anymore, maybe some greedy people who after that 15% reward.
As we can see, a big exchange like Binance is not accepting Terra Luna meaning they are not also comfortable having this project on them for they believe that this might cause a problem in the future, and might investors/holders will blame CZ.
I'm not sure why TrustWallet does but it was their choice as well. They can take the risk but 15% is not really attractive for a scam project to gain support and trust.

Elpeor00

full member

Activity: 346

Merit: 144

THE WORST EVER

In short, a (price) recovery to the historical highs is very, very unlikely in the foreseeable future, it has lost the trust of most serious enthusiatsts and is not yet at low enough cap to one lone whale pumping the sh*t out of it... it will survive for now as a pump and dump coin in binance, and thats it, can't expect more

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

Because they want to attract more liquidity for various operations, be it arbitrage or swaps. Do not believe the great interest, in most cases this will not end well. Luna Classic is unlikely to ever recover, the project holds on only due to speculation and various initiatives promising holders a large percentage.

codehtcmail

sr. member

Activity: 1192

Merit: 260

Tryig to survive in this harsh world

Did Bitconnect recover ?
The only thing holding it is Binance not delisting it, some fanatic community who lost touch with reality combined with craziness in crypto world, I mean Doge and Shiba higher than LTC, Monero, Cosmos...

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

I don't know why this shitcoin is still discussed in my view there are -ve Percent chances for the revival of this project. Dear fellow LUNA is now just a shitcoin nothing more then that. I dont know which model they proposed to revive LUNA but their community is now broken and if you don't have community then dear there ia no hope left behind. Bitcoin crashed many times but what it own is Bitcoin community who never betrayed their Freedom.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Baofeng on January 23, 2023, 05:30:22 AM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

Really hard to say if they are going to recover or not, because the damage has been done. Although we may see some occasions wherein it will be pump so hard by the obvious p&d group and then goes down again. This might be the lifecycle and the ultimate test will be in the next bull run, we will see if it has what it takes to survived.

As for the staking, I can only think of Trustwallet maybe wanting people to reinvest with that huge offering. So it's up to investors whether to bite on that big 15% staking profit or had enough with the Terra Luna debacle and will have to move on to other projects.

To hard to forget about past incident happen to them that's why this coin struggle so bad in terms of regaining the trust of their past or even the new investor since the damage is so huge and it cost a lot of money from its past holders. Maybe the action they do lately is just to hype this back but I doubt they get success since it might provably take time before they accumulate many holders back again.

Also maybe this is just part of Trustwallet promotion but let see if they can convince people to join this staking promotion.

d3nz

sr. member

Activity: 1372

Merit: 264

Quote from: Baofeng on January 23, 2023, 05:30:22 AM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

Really hard to say if they are going to recover or not, because the damage has been done. Although we may see some occasions wherein it will be pump so hard by the obvious p&d group and then goes down again. This might be the lifecycle and the ultimate test will be in the next bull run, we will see if it has what it takes to survived.

As for the staking, I can only think of Trustwallet maybe wanting people to reinvest with that huge offering. So it's up to investors whether to bite on that big 15% staking profit or had enough with the Terra Luna debacle and will have to move on to other projects.

i doubt that this is their strategy for LUNC to be still active on the market, they knew that people who earn from staking will probably sell off their stakes. The only problem is that the price of LUNC will probably go much lower since it's much easier to earn more LUNC by staking which has a negative impact on those who bought for a higher price.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

Really hard to say if they are going to recover or not, because the damage has been done. Although we may see some occasions wherein it will be pump so hard by the obvious p&d group and then goes down again. This might be the lifecycle and the ultimate test will be in the next bull run, we will see if it has what it takes to survived.

As for the staking, I can only think of Trustwallet maybe wanting people to reinvest with that huge offering. So it's up to investors whether to bite on that big 15% staking profit or had enough with the Terra Luna debacle and will have to move on to other projects.

Nwada001

hero member

Activity: 700

Merit: 673

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

The 15% staking reward idea is simple..
When you hear about a 15% reward for staking on a non-custodial wallet like trust wallet it sounds tempting which will trigger lots of people to go and buy large amounts of Luna classic in other to stake and get staking reward, the greedy will pump in thousands of $ so that they will make huge reward out of the staking, why they are busy rushing and buying the demand for for Luna classic will increase which will also impact on price positively.. that's to say their will be possibility of price increase.

When you will be busy buying and price is going up why the entity who are behind the staking reward idea will be watching to see their target ones that is reached they will sell off their holding which will eventually bring down the market back to where it was before the staking started or even worst.

Since Binance is still with their holding they can implement any means necessary which will sound convincing in other to get something out of nothing which their holding is worth now..

The staking is just a game which I believe won't end well for those who want to acquire Luna and stake.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: wheelz1200 on January 22, 2023, 05:19:11 PM

Quote from: blockman on January 22, 2023, 02:32:26 PM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

As long as people are buying and selling it and he can make a percentage on the trade then why not. It amazes me how much people are willing to put into luna at this point. It's a complete gamble that will eventually fade away. Lunacy if you ask me.

Right, a total gamble that they're willing to take risks. Well, there are still traders that are moving the markets of it and that's why many are continuing on trading it.
We have an idea of what has happened to it but people still not stopping completely on it because they still see a lot of people buying and selling it. Well, a time will come that it'll completely be down or if I'm wrong and these folks earn then that's all good for them.

Venik

newbie

Activity: 93

Merit: 0

I don't think it's gonna fully recover. And I don't really understand how people can buy and trust it after what happened, even tho Do Kwon has nothing to do with it now.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: wheelz1200 on January 22, 2023, 05:19:11 PM

Quote from: blockman on January 22, 2023, 02:32:26 PM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

As long as people are buying and selling it and he can make a percentage on the trade then why not. It amazes me how much people are willing to put into luna at this point. It's a complete gamble that will eventually fade away. Lunacy if you ask me.

True, these centralized services always aim for profit and they do not care if it is a shitcoins or a scam coins, they will continue to list it as long as it meets the requirement. I do not think that Terra Luna is recovering, the head of the project is already in hiding so I guess any movement from its market especially when it is an uptrend is a pump attempt of some group that wanted to make a huge profit before they decided to get out of Terra Luna.

wheelz1200

legendary

Activity: 3752

Merit: 1415

Quote from: blockman on January 22, 2023, 02:32:26 PM

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

As long as people are buying and selling it and he can make a percentage on the trade then why not. It amazes me how much people are willing to put into luna at this point. It's a complete gamble that will eventually fade away. Lunacy if you ask me.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Quote from: hack3rcon on January 22, 2023, 12:37:21 PM

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

hack3rcon

member

Activity: 360

Merit: 10

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.

Thank you.

Topic: The truth about Terra Luna Classic (Read 585 times)