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Topic: What do you thing about Terra team? - page 6. (Read 874 times)

sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
May 13, 2022, 10:14:05 AM
#6
I agree, even though it happens because there are attackers outside Terra, but this must be overcome by Terra Luna itself. They got Terra Luna's security loophole, but why didn't the Terra Luna team immediately deal with it, as if they were taking it easy. Some people even suspect that this is all manipulation by the Terra Luna team alone, but we can't think bad first, there is good news that Binance is continuing to trade LUNA and UST.
hero member
Activity: 2926
Merit: 567
May 13, 2022, 10:07:18 AM
#5
In my opinion, the Terra Team is to blame for the entire bloodbath. They should have taken a more pragmatic and responsible approach. Things have only gotten worse for the holders.

They should be blamed for the situation Changpeng Zhao offered to help them but they are nonresponsive to all of Changpeng Zhao recommendations they requested their team to restore the network and burn the extra minted Luna and recover the UST peg but for some reason, they are nonresponsive to Changpeng Zhao recommendation, they have a bad team and they want to do it on their own.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
May 13, 2022, 10:00:17 AM
#4
In my opinion, the Terra Team is to blame for the entire bloodbath. They should have taken a more pragmatic and responsible approach. Things have only gotten worse for the holders.

Correct they are to be blamed for what happened. I hate when teams blame market for what happens,,, and take no responsibility.

But you have to blame investors for losing their money.

Anything promising more than 10% APY is a scam. Does not matter if crypto, stablecoin,,, smart contract coin etc.

Remember, no utility, no value. This was and should have been expected from all investors.

Beware stablecoin promises.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 08:06:39 AM
#3
It's clear that if the team is care with their stable token rather than lune who have been already heavily invested by so many tokens. The team was let its smartcontract to print bunch of luna while this time they can halt it to mint the new token. that means if luna developers has become the party that must be blame as well. That's why investors are very angry caused by this. So many of them have been putting their life, house, car and many more.
Just wanna see how this drama will be going on. Im sure that this another disaster in the crypto history
member
Activity: 263
Merit: 15
May 13, 2022, 07:46:48 AM
#2
It's hard to see what really went wrong here, all this drama looks more intentional than a mistake to me, I think its too late for them to come up with any possible solution at this stage and no matter what they come up with people who lost a huge amount of money aren't getting them back.
newbie
Activity: 21
Merit: 0
May 13, 2022, 07:34:20 AM
#1
In my opinion, the Terra Team is to blame for the entire bloodbath. They should have taken a more pragmatic and responsible approach. Things have only gotten worse for the holders.
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