what will happen to LUNA? - page 3. | Bitcointalksearch.org

Oasisman

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Quote from: Mark301 on May 12, 2022, 05:35:31 AM

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

The crash is really a heart breaking for those who have heavily invested on this alt. Who would've thought that a top 10 coin in the market ends up this way.
Now, that's an interesting question. Are people's risk appetite enough to take the risk on re investing on a coin who just lost 99% in a 24 hr period? Coz that seems like everyone is abandoning this alt plus Binance has suspended Luna withdrawals.

Fesatmas

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Sadly, the coins that were one of the high ranking ones just disappeared. This will be one of those moments that can't be forgotten. How can forget the current situation, this token has turned into a useless shitcoin. I'm worried that some of the holders will become depressed because of this. It's hard to say now, it's so horrible.

Z390

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I heard that USDT was actually regulated, how true is this? Also BUSD from binance got its own license too so I think they are better than UST marginally, I know Bitcoin is the best place to invest but its no denial that BTC isn't a stable coin, volatility will forever be around BTC.

rhomelmabini

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I wouldn't even thought it would have a dead cat bounce from the chart, the frustration is in the head of those who invest in it. Glad I'm not, most of my portfolio was in Bitcoin, Ethereum and other stablecoins that are backed by real assets, though there are rumors spreading that other stablecoins would be next. Not gonna stay calm but I'm DCA'ing some Ether or Bitcoin from here on out.

kryptocanon

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At this point, I don't think LUNA is coming back. It already lost its ground and its investors are backing out so soon. And if they're to come back, I think they might want to introduce a change of contract address and force its holders to swap in like a ratio of about 100:1 to scrap off and boost up the project.

ElectricAR15

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dang, current price is under 2 cents, yikes!!

Rruchi man

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Quote from: Mark301 on May 12, 2022, 05:35:31 AM

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

Most importantly OP, what we should inquire to know is what is happening to those individuals who invested in LUNA? if you did, please share your episode...it will be interesting to know how you are handling the situation. Did you convert the remaining of what was left after the drop in price to another crypto or safe coin? or are you holding on waiting patiently and believing that the price is going back up and you will recover?

bittick

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This coin already abandoned by its developers who prefer to save stable token and dump luna. New announcement was not helping so much. I think that you are getting a bit surprised to see that if the price was worth nothing right now. So many people are loosing their money right now and comeback is almost impossible to happen with it. You need to read some latest news about luna and so many people are also seeing this as a big phenomenon after big connect in the crypto. The billions project can go zero in a few days

Alisha FR

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it took a miracle for Luna to bounce back, or just stay in the market and not get to 0. and I saw a Tweet from Binace if the price of Luna's contract drops below 0.005 USDT, binance will continue to delete the contract. this is too dangerous for Luna's survival. for now being a bad tragedy for Luna, the holder should not be provoked by rumors. try to keep Luna, because this depends on the holder and also the Luna team.

99Percent

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TERRA (LUNA)
Every day this DOWN is getting more and more due to the massive sale of the LUNA coin and the loss of investor trust in LUNA. and to this day LUNA coin is like shitcoin RUGPULL

pawanjain

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LUNA is pretty much dying right now and all the holders that are still holding on to it will lose their money.
Since it has already lost more than 99% of it's value it is very hard for it to recover the price.
Only a miracle can save it right now. Tough time for LUNA holders.

Metroid

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Quote from: Cryptoababe on May 12, 2022, 10:14:51 AM

As for me, i dont see any real use in Luna even when thier token was at all time high. I never touched or traded Luna. And im not really surprised seeing it go down. Moreover, more exchanges are delisting luna. So it should probably goto and unexpected all time low.

This is my 4th bull market and soon to be my 4th bear market, so I have been vaccinated a long time ago against scam projects like this one. I never touched it myself too, solana is another scam too, 99% of pos projects are all scam.

Cryptoababe

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As for me, i dont see any real use in Luna even when thier token was at all time high. I never touched or traded Luna. And im not really surprised seeing it go down. Moreover, more exchanges are delisting luna. So it should probably goto and unexpected all time low.

aioc

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Quote from: BitcoinPanther on May 12, 2022, 05:56:32 AM

Quote from: CryptoATM on May 12, 2022, 05:47:18 AM

It's going to take a miracle to safe Luna right now, the chance of going to Zero is very high, I also lost some money to Luna but I made sure its what I was ready to lose anyway, this will serve as a warning to everyone that chooses altcoins before Bitcoin, there is no better coin than Bitcoin, period.

I bet money on Luna while many are panic selling. It is a gamble yes but if the investment is a success and Luna recovers at least 25% of its ATH, it is a huge profit for me.

Devs are doing their best so I think it is early to say that LUNA will be going to zero. There is always hope as long as the developer do not give up on the project. We don't know what will be the next market trend of LUNA in the next 24 hours but I am sure the project owner are creating contingency plans to solve the current issue of LUNA.

I did the same I got in with $20 at 3 cents and will add more if it further drops many are giving up to Luna but why not take a chance the next 24 hours are crucial if they go to zero I'm ok with my losses I tried to send my Luna to my Exodus, even Exodus is having issues with trading this is one situation that hurts the market all coins are in red I hate looking on my portfolio right now.

aprilnot

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Quote from: Mark301 on May 12, 2022, 05:35:31 AM

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

as long as luna is still being printed continuously, the price will fall to the bottom. maybe the price will actually be lower than the Shiba inu. luna and UST are diseases in the crypto market this time. these two coins had a huge influence in the market crash. this project is dead, there is no more hope for luna.

diminizio

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Quote from: Mark301 on May 12, 2022, 05:35:31 AM

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

LUNA is impossible to be zero, we can only see that it is minus 99.99% that is the maximum of the existing decline, spot trading cannot be more minus than that unless LUNA is completely out of circulation. I see luna like Soft rug, only a small chance of recovery, one way might be to migrate but it may not be possible to get the trust of the community back.

JeffBrad12

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Quote from: Mark301 on May 12, 2022, 05:35:31 AM

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

this will be going to the 0 value. You must also see how dip the price right now. There's no hope for this token, im sure that if people are also aware about this troo. Even when there was an announcement for the UST burn and this doesn't give any impact to the price of luna. It was still dropping so hard to the bottom. I suggest you to take a look at the chart of terra luna right now. This is the worst token after bitconnect

fenican

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The problem with LUNA is that it prints more algorithmically to try to prop up UST, which is a futile exercise at this point. So the supply has grown from 300M to 1.5B and may continue to grow without limit, and without a cap, until the price is zero.

https://messari.io/asset/terra/chart/sply-circ

Anyone putting money into the token is making a bet that the developer will do some kind of emergency decoupling of LUNA and UST with a software patch. That might occur but, at that point, what's the point of LUNA? It becomes just another shit coin and one with a profoundly huge supply meaning sub-penny status forever. Outlook is not good and any investments right now in it should be viewed as you providing immediate liquidity to UST holders. Probably not a role you'd want to play - you're not speculating, you're trying to bail out UST which will bankrupt anyone who tries since the sell side on UST is unlimited as long as it stays below a buck.

LogitechMouse

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Quote from: Mark301 on May 12, 2022, 05:35:31 AM

What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?

It will not go to 0 because as long as it has buyers, it will not go to 0 but I don't think in the short term it will go up.
TBH, with what happened to LUNA and with what is happening right no with the market we might see LUNA under a penny.

If the developers will not make a solution to what is happening right now to them and if they will not fix the problem regarding UST then they will be in an absolute disaster (even though they are right now already). If you want to make a huge risk, you can trade LUNA short term on exchanges where it is listed now but don't hold it mid to long term. Good thing I didn't buy this one because I'm also eyeing on this coin for quite some time.

maydna

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It is already panic selling because I see the price jump drastically to the lowest price and seems it is hard to rise higher and get to the higher price. But if miracles are coming to that coin, the price will rise again. Otherwise, the price will go to another lowest price and even, the coin can get delisted from all exchanges. It is a critical moment for that Luna and we don't know if that Luna can survive and pass this test. I can't imagine how big the investor lost before when the price is jump down.

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