Well, you put your money in your luna if it gets forked? - page 6.

Renampun

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Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

I will not do that (invest in LUNA) even though LUNA get forked...

I am a person who will find it hard to believe when there is drama in it (LUNA developer or other investment assets developer). The prices of LUNA and UST (Luna) plummeted due to a mistake, so the potential for that error to repeat itself is of course very large. I'm lucky that I don't have an investment in LUNA, but my condolences to those who lost big because of the falling price of LUNA.

velive08

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Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

now there is Luna V2 and there is still confusion about the news about Hold Luna whether to accept the change or just be forgotten, I think if you haven't bought Luna it's better to forget about it and try your luck on other coins, Luna is dead, they fell too deep and didn't maybe to get up again.

saladin7000

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I don't think anyone believes anything about Luna right now, because crypto users and investors are already very upset and hate the Terra Luna fork, and only laypeople and beginners are willing to put their money in and turn LUNA's successor into an investment, I suggest right you to be careful with DO KWON proposals like this,

Anonylz

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Lots of mix feelings about this new luna, majority of investors are some how confused on the approach to take, imo nothing much should be expected from this fork luna, as much as Do Kwon want people to start believing in the feeling is not mutual. He already lost the trust of the community when he neglect their desire to burn and came up with a fake poll. I will rather watch to see the reaction from traders.

capedbaldy

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Quote from: aioc on May 27, 2022, 10:21:49 AM

What happened to Luna is unprecedented, there is no second chance for this coin, the damage is so huge that so many investors hate Do Kwon and everything about Luna, there are investors who did not hold Luna at the time of the crash who are watching the development of the new Luna but only to make a profit, Do kwon cannot rely on old Luna investors because they lose a lot of and cannot make another mistake.
Those old investors who lose a lot of money will forever haunt Luna and Do Kwon, he just can't escape the hate.

One of the reasons I don't support Do Kown proposal. Since he ignored some important suggestions from the community and many news updates were against the expectations of the community, so let's see about the new Luna coin if he can recover the biggest losses from investing from the top hype low-reputed altcoins.

aioc

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Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

What happened to Luna is unprecedented, there is no second chance for this coin, the damage is so huge that so many investors hate Do Kwon and everything about Luna, there are investors who did not hold Luna at the time of the crash who are watching the development of the new Luna but only to make a profit, Do kwon cannot rely on old Luna investors because they lose a lot of and cannot make another mistake.
Those old investors who lose a lot of money will forever haunt Luna and Do Kwon, he just can't escape the hate.

whiteblue

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Quote from: aryana42 on May 27, 2022, 10:06:21 AM

It is possible that Luna will find a place in crypto again and they will also be accepted by the community, but the question is whether Luna is able to make new breakthroughs in the future, because this coin has destroyed the market and made people lose a lot of assets for a short period of time, judging from Opportunities may be very difficult, but anything can happen in crypto

Luna will have no place as a long-term coin in the crypto space, all investors and traders are struggling to recover from losses, if only it manages to recover 80% then many investors will cut losses because the opportunity will not come twice.

Kocret02

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Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

A person's belief is usually very dependent on the pattern of investigations that are often carried out, in many cases we see it is difficult to recover coins that fall at the lowest price, even though their CEO tries to convince in any way, Luna is not strong in the market, so it is easy to fall in the lowest price, I think it's worth paying attention to other coins, rather than trying to buy them back

aryana42

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Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

It is possible that Luna will find a place in crypto again and they will also be accepted by the community, but the question is whether Luna is able to make new breakthroughs in the future, because this coin has destroyed the market and made people lose a lot of assets for a short period of time, judging from Opportunities may be very difficult, but anything can happen in crypto

Wiwo

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Luna is a potential stable coin and many people see this new development as an opportunity to get in with a large bag of luna holdings since the price will be low, and to some it now a done deal, their will never invest a penny into Luna again since their lost all their investment within some days. But personally I will buy a few thousand of new Luna coins just to keep in case the unexpected price happens I will be among those that will benefit.

Lubcub62

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I myself prefer not to buy or invest in a new Luna.
although there is good news today or yesterday to be more precise, the core developer Terra got approval to burn 1.3 billion UST from his community pool after voting. but this won't have much effect I guess. because faith in Luna has fallen. many people have been disappointed. Moreover, the creation of this new Luna coin is not very well received by the community who prefers burning.

Marykeller

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I wouldn't dare to invest in luna again, no matter how they rebrand it or hyped it. The FOMO made me invest in luna wrongly. I wouldn't make such a terrible mistake the second time.
The lesson I learned from luna investment is never to rush into crypto-investment with hopes that a particular coin would make you rich if you invest in it cause it will end up disappointing you

JeffBrad12

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I will try to take it. Spend a few hundreds dollars were nothing for me. I will try to take it with the hope if it can go to the double digits again even if that was quite impossible to happen for now. I do believe when we are taking a small opportunity and we can make profit. I know that the participants will have 2 tokens in their wallet and they can dump one from their wallet. That means there was also probability for the price of lunc to be dumped so hard once the new token will come.

NewRanger

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Quote from: Kavelj22 on May 26, 2022, 04:58:40 PM

Recently i read in news that eight suicides were reported for people affected by the collapse of Luna. The rest, who do not want to commit suicide, are surely still having hopes distributed by developers under the name of "new version of Luna" which is a fantasy.
Those affected may not be only individuals, as there are trading platforms that have savings of millions of dollars in Luna, and I am not surprised that they support the new currency, even if circumstantially, to compensate for the largest possible losses, even at the expense of users.

if exchanges didnt support new luna , they have no possibility to recover their initial value investment in Luna. there is no other choice to support it , with this support from many exchanges we still see any hope to see its price could back although could not reach its ATH anymore. it is so sad when we heard any people suicides , we took important lesson how risk management so important for us . with stop loss we could limit the loss that may happen in our investment . better lose some than all.

wheelz1200

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Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

Why? There are tons of other good opportunities that aren't clawing theor way from the bottom of the swamp. Why wouldn't you just put your money into bitcoin? It feels like crypto is the only space where you get wiped out then people will still buy in based on hopes and dreams lol. Crazy.

WalkerIVIV

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I'd definitely just look away, honestly no point in investing in an altcoins that has abandoned their faithful holders in the past.
and LUNA isn't any different, just think of it, does forking that means basically creating a new version of LUNA could really solve the massive disastrous loss that their early faithful holders has become the victim of?
it might not gonna do anything at all, the classic LUNA is losing value, same thing with the new LUNA if you see it in the CMC I see no point investing in this kind of altcoins.

rahmad2nd

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Quote from: goaldigger on May 26, 2022, 04:19:11 PM

Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

I don’t think its a forked but its more of a rebranding since they are just going to change the name but using the same blockchain technology. This is their first attempt to revive LUNA and there’s so many speculation with this one, no one knows what will be the result so for better to stay away. Most probably HYPE will happen, but that can’t help on long term, LUNA should be more secured this time.

Exactly rebranding not forked with Luna coin because all exchange have stop and suspend trade, withdrawing and depoait old luna coin. Rebranding from Luna become name with LUNC and Kucoin last few houra have been listed this coin. Not any surprise because Lunc as new rebranding coin from Luna have cheapest and lower price like last time Luna coin before suspend trade. I think not good for investing although have rebranding because price drop drastically and not interested try make mistake twice when investing on Luna coin.

AmoreJaz

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Quote from: JeromeTash on May 26, 2022, 04:55:30 PM

Quote from: goaldigger on May 26, 2022, 04:19:11 PM

I don’t think its a forked but its more of a rebranding since they are just going to change the name but using the same blockchain technology.

They are basically just creating a new blockchain while abandoning the old one and renaming it as Luna Classic. To me, that's a very stupid move and I would never buy the new Luna 2.0. Some exchanges have already changed the ticker names of the old Luna to LUNC
Those who have money to waste can continue buying and holding the Luna bags, but I won't be one of them.

same take on this subject. i don't think it is worth buying this forked, re-branded, revived or whatever they want to call it. if you got burned already, why put your fingers again on this project?
there are so many worthwhile projects out there that won't possibly pull off another stunt like this. you can start with BTC itself. but more then likely, those previous holders will trust again or hope that they can recover their losses on this new luna version. but if in case you will put money on this, better cash out when you are already in profit and don't look back.

Kelvinid

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win lambo...

Quote from: RILWAN on May 26, 2022, 04:14:08 PM

The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?

It was really hard to trust a project that once was a scam and untrusted issue. We can either vouch for someone to put their money at risk as we can't just easily erase from our minds what happened in the past. I'd rather choose other coins, those who have clear potential and we know already their market credibility where we can get assurance from them, not in a project that has been such a scam issue.

Yes, that is eventually another plan but of the same ending scenario.

Kavelj22

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Recently i read in news that eight suicides were reported for people affected by the collapse of Luna. The rest, who do not want to commit suicide, are surely still having hopes distributed by developers under the name of "new version of Luna" which is a fantasy.
Those affected may not be only individuals, as there are trading platforms that have savings of millions of dollars in Luna, and I am not surprised that they support the new currency, even if circumstantially, to compensate for the largest possible losses, even at the expense of users.

Topic: Well, you put your money in your luna if it gets forked? - page 6. (Read 767 times)