Why is Terra still pumping !?! | Bitcointalksearch.org

ilovealtcoins

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Quote from: Humility4sure on October 23, 2022, 08:53:51 AM

The issue of Luna seems to be over now but the scars still lingers and those affected may never recover from the shock and loss that came with it. My only advice is that we should all be careful with our investments in this space because there are no guarantees, one could wake up to be a millionaire as a result of the possessed assets and another could wake up to be broke.

Not only luna but many other coins can also become scams at any time. Cryptocurrency is a risky market so don't put too much trust in any coin, even the topcoins, only invest as much as you can lose. Regarding luna, it's not really dead but it has become shitcoin just for pumping and dumping, so you should stay away from it too.

Cling18

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Quote from: Warkop on October 22, 2022, 01:57:47 AM

Quote from: DoublerHunter on October 07, 2022, 06:08:24 PM

Quote from: erep on October 07, 2022, 05:59:19 PM

Quote from: South Park on October 07, 2022, 05:50:08 PM

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

We should avoid coins and it is better that you ignore the luna coin list, because some of the current backgrounds do not support investing in luna coins because whales can sell their luna coins buying luna coins at the lowest price. I advise you to get out of interest in investing in Luna because of the fact that critical reporting, if DK is arrested, will have a very significant decrease and you will be the next investment victim.

^ Because there are too many greedy people who support terra which is considered whales.
Once all of these people will sell and dumped terra, this coin becomes shitcoin and those poor investors who did not know what happen might be a victim to them. Considering there will be a pump and dump and this project is very risky if you will include the list. I don't know when it comes to the utility of this project (LUNA) is worth it in the long run.

Stay alert to anything about Terra trading, We know this is a lure to attract investors, at least don't get too carried away with the price movements of Terra LUNA because it will keep you trapped in the future, because there have been many victims in the last few months with this incident, many investors small people get a sizeable loss from the purchase of Terra Luna Coins...

Many investors have fallen for this project because they were about to plant fake promises on their investors. Despite changing the team, I don't think Luna will still be reliable. It has failed many investors so there's a possibility that the same thing might happen. There are still better coins in the market but Luna shouldn't be our priority despite its pump.

Warkop

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Quote from: DoublerHunter on October 07, 2022, 06:08:24 PM

Quote from: erep on October 07, 2022, 05:59:19 PM

Quote from: South Park on October 07, 2022, 05:50:08 PM

This is a coin from which it is better to stay away, while supposedly its market cap is still big enough to place it in the 33rd place we know what has happened during the last 6 months, the collapse it suffered, and how their developers are now wanted by the authorities of south korea, so in my mind it is just a matter of time before we see this coin completely collapsing, and as such there is not too much of a point in trading such a coin, as you do not know if you will be one of the unfortunate people which will end up holding useless coins in your wallet

We should avoid coins and it is better that you ignore the luna coin list, because some of the current backgrounds do not support investing in luna coins because whales can sell their luna coins buying luna coins at the lowest price. I advise you to get out of interest in investing in Luna because of the fact that critical reporting if DK is arrested will have a very significant decrease and you will be the next investment victim.

^ Because there are too many greedy people who support terra which is considered whales.
Once all of these people will sell and dumped terra, this coin becomes shitcoin and those poor investors who did not know what happen might be a victim to them. Considering there will be a pump and dump and this project is very risky if you will include the list. I don't know when it comes to the utility of this project (LUNA) if worth it in the long run.

Stay alert to anything about Terra trading, We know this is a lure to attract investors, at least don't get too carried away with the price movements of Terra LUNA because it will keep you trapped in the future, because there have been many victims in the last few months with this incident, many investors small people get a sizeable loss from the purchase of Terra Luna Coins...

Joshapat

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Surely this is what I expect, I'm not afraid to continue Luna because I'm sure someday can reach $ 1 or up more than 1000x, a realistic thing because Luna is supported by a team that already has a good reputation in Cryptocurrencies.

Teraboy

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luna is already becoming shitcoin it doesn't need any reason for it to increase its value since it's indeed a shit coin, you could never know when it gonna increase and decrease since it is heavily manipulated, you see its chart, it's the same with shitcoins in general basically increasing out of nowhere, not because the project itself has improved instead it increases because some random massive flow of investments which seems like manipulation.

Psynthax

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Activity: 2366

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it seems even if the devs behind the coin itself declared bankrupt their coin would still exists and still have volumes and market activities it seems, this is the case with luna and celcius they are abandoned by their devs already and they still have valuation, moreover their characteristics become that kind of shitcoins which just full manipulation, so this obviously the case with luna.

Mario Yamasaki

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Activity: 737

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Terra I think the coin is worth buying and hold, I'm sure Terra's surprise will often occur and slowly we will see the zero behind the coma will disappear, there is no harm in gambling and I have invested around $ 280 since July and if I sell now me Profit about 40%.

Hamza2424

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Its just a hypw bubble due to small pumps many of the investors jumping into the he hype to book some profit and they are successful for soem how as LUNA is nothing more then a shitcoin now. Powerful projects never destroy their own ecosystem by tricks I don't trust this project at all.

Tessyb

newbie

Activity: 98

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I'm yet to get a full grasp of what transpired few weeks ago that must have initiated the pump, but from the information I have the pump was short lived and its back to base presently. I personally have lost trust in the project and the pump won't make much difference since the market is bearish and the developers are not trustworthy.

South Park

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Quote from: bitpotter on October 24, 2022, 03:55:00 AM

Quote from: Humility4sure on October 23, 2022, 08:53:51 AM

The issue of Luna seems to be over now but the scars still lingers and those affected may never recover from the shock and loss that came with it. My only advice is that we should all be careful with our investments in this space because there are no guarantees, one could wake up to be a millionaire as a result of the possessed assets and another could wake up to be broke.

It's very risky to invest in LUNA, but if you just want to take a little profit from each trade that's fine. The important thing is not to let LUNA enter long-term trades, it will make you restless every time if the same thing will happen again someday. Be careful while everything is still safe and there is no need to rush.

Correct, if for some reason a person cannot stop himself from trading luna they need to always remember about this simple rule, they must never hold luna for the long term, we already know what happened and it is likely it will happen again, so there is no point in joining all of those people which lost their money, especially when they have a huge warning that all of those people did not have, however it would be better to find another coin to trade and to stay away completely from luna.

bitpotter

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Activity: 1451

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Quote from: Humility4sure on October 23, 2022, 08:53:51 AM

The issue of Luna seems to be over now but the scars still lingers and those affected may never recover from the shock and loss that came with it. My only advice is that we should all be careful with our investments in this space because there are no guarantees, one could wake up to be a millionaire as a result of the possessed assets and another could wake up to be broke.

It's very risky to invest in LUNA, but if you just want to take a little profit from each trade that's fine. The important thing is not to let LUNA enter long-term trades, it will make you restless every time if the same thing will happen again someday. Be careful while everything is still safe and there is no need to rush.

john1010

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Activity: 2086

Merit: 562

Why is it still pumping? because there are so many people who lost money thru it and some whales taking advantage for this situation, they make a fake pump to trap new buyers for this coin and that new buyers are also the loser and they hope to recover the lost.

bittick

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Quote from: Pelana vreo on October 22, 2022, 04:26:26 AM

Quote from: ?? on ??

Terra continues to rise when the market is red, it looks like they are trying their luck by continuously pumping, many think that the Terra team gets a big profit and keeps bitcoin assets so they can keep pumping Terra.

Bitcoin reserve have Terra team seems to have been sold out due to an error in depegging UST, I can see from this article belowhttps://www.coindesk.com/business/2022/05/14/what-happened-to-the-35b-terra-reserve/

For increase price LUNC I think because of the burn tax in some exchanges, for details can be seen here https://twitter.com/LunaBurnTracker

It's not all of bitcoin has been sold by terra team to repegging UST. I saw that do kwon still owning 3k bitcoin on his wallet. he was making the transaction a few weeks ago. So many people are still tracing that guy caused by do kwon wanna be catched by FBI. The fact that if we didn't know about the truth until the terra developers will be jailed and take them to the court. The truth is not yet being revealed

Humility4sure

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The issue of Luna seems to be over now but the scars still lingers and those affected may never recover from the shock and loss that came with it. My only advice is that we should all be careful with our investments in this space because there are no guarantees, one could wake up to be a millionaire as a result of the possessed assets and another could wake up to be broke.

d3nz

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Quote from: irhact on October 22, 2022, 07:44:22 PM

Quote from: ?? on ??

Right now the lunc project only relies on high token burning to increase trading volume, but I'm not interested in news like luna burning even if they burn 50% of the coins in circulation, it's just a pump and dump factor with no utility to the holder so make sure you take it profit when trading the lunc coin before the loss from the high dump of whale trading

People are forgetting we have two projects now which are Luna and Lunc. Lunc is an abandon project and people who lost so much just want to recover their losses which is why they have faith in the project. Even Binance can't save it as I noticed they're the ones pioneering this movement of burning the supply of lunc with transaction fees coming from trading lunc on the Binance exchange. The community are yet to realized that this is just a marketing strategy by the Binance team to attract traders to their platform and when they do realize then the lunc project will dies off finally.
Dowen made a mistakes Introducing another project. They would had just stuck to reviving this one as they gain back the community trust. Now which project are we to concentrate on that we have two different coins.

This is one of the reasons why Binance is still keeping the LUNC since they lost a lot of money when they didn't swap it for USDT if you read what CZ said before in his tweet. They are still earning fees for every trade of LUNC and LUNA that's why it's still active on the exchange.

Trading it on the future platform can also be taken advantage of since it can be easily read on the chart when it will go up or down just relying on the BTC value. A lot of whales also take advantage of it filling a lot of volume to attract traders.

irhact

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Quote from: ?? on ??

Right now the lunc project only relies on high token burning to increase trading volume, but I'm not interested in news like luna burning even if they burn 50% of the coins in circulation, it's just a pump and dump factor with no utility to the holder so make sure you take it profit when trading the lunc coin before the loss from the high dump of whale trading

People are forgetting we have two projects now which are Luna and Lunc. Lunc is an abandon project and people who lost so much just want to recover their losses which is why they have faith in the project. Even Binance can't save it as I noticed they're the ones pioneering this movement of burning the supply of lunc with transaction fees coming from trading lunc on the Binance exchange. The community are yet to realized that this is just a marketing strategy by the Binance team to attract traders to their platform and when they do realize then the lunc project will dies off finally.
Dowen made a mistakes Introducing another project. They would had just stuck to reviving this one as they gain back the community trust. Now which project are we to concentrate on that we have two different coins.

asriloni

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Quote from: Joshapat on October 22, 2022, 12:07:24 AM

Surely this is what I expect, I'm not afraid to continue Luna because I'm sure someday can reach $ 1 or up more than 1000x, a realistic thing because Luna is supported by a team that already has a good reputation in Cryptocurrencies.

luna isn't having that much support currently unfortunately, you see binance was supporting luna out of their good will meanwhile it's already being abandoned by the team that it quite literally became shit coins right now, you wouldn't see some real developments unlike coins that's still making innovations like matic and sol.

Odusko

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The only reason I can see is that Luna is trying every possible means to win back the trust of investors, and even with all the efforts of pump activities, the price of the token is still significantly down compared to its previous position.
And even if Dowen goes to prison I don't think that will change anything there are s many whales in the luna market already making every attempt just to recover they lose and some big exchanges may also be behind this.

Xal0lex

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Terra, as the biggest scam of 2022, is still popular because the project attracts so many speculators, counting on big profits due to the fact that the coin collapsed badly and is now gradually being burned, leveling the supply. Also interest in the coin is fueled by the constant news about the Do Kwon investigation and his escape from the authorities and Interpol. In any case, long-term this project is definitely not worth considering, as sooner or later this story will end, as McCaffey's escape ended in its time.

Pelana vreo

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Quote from: ?? on ??

Terra continues to rise when the market is red, it looks like they are trying their luck by continuously pumping, many think that the Terra team gets a big profit and keeps bitcoin assets so they can keep pumping Terra.

Bitcoin reserve have Terra team seems to have been sold out due to an error in depegging UST, I can see from this article belowhttps://www.coindesk.com/business/2022/05/14/what-happened-to-the-35b-terra-reserve/

For increase price LUNC I think because of the burn tax in some exchanges, for details can be seen here https://twitter.com/LunaBurnTracker

Topic: Why is Terra still pumping !?! (Read 697 times)