Why is Terra still pumping !?! - page 2.

Baofeng

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Quote from: WalkerIVIV on October 21, 2022, 05:49:17 PM

Since binance was announcing to reduce the taxation for burning luna and the hype is slowly going to disappear. it seems like that luna's supporter were so mad caused by that. that's a good decision for binance. It's caused by binance doesn't need to implement a big tax for the shit scam coin like that. the price is slowly going down again to the bottom. Lunc was a scam coin that will never going up again. People that were so stupid to invest in this scam coin twice.

Yeah, and so the pump has stop, and for those who have been in the market too long enough to know that this is clearly a pump and dump scheme by someone from behind. And so I don't understand why people still investing on this project as it has collapsed already and I don't see it reviving anytime soon.

And for those who have been scam twice, then shame on them, they have been a victim before. So they should stay away from it because it will be the same outcome as the first. And hopefully those who have lost their money have learn a valuable lesson in crypto market.

WalkerIVIV

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Since binance was announcing to reduce the taxation for burning luna and the hype is slowly going to disappear. it seems like that luna's supporter were so mad caused by that. that's a good decision for binance. It's caused by binance doesn't need to implement a big tax for the shit scam coin like that. the price is slowly going down again to the bottom. Lunc was a scam coin that will never going up again. People that were so stupid to invest in this scam coin twice.

South Park

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Quote from: Teraboy on October 14, 2022, 05:58:47 PM

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.

Luna has always been a shitcoin it is just that people did not realized this before it was too late for them, but now we can see with complete clarity this is the case, and it is clear that the only ones that care about the coin are speculators that do not care at all about the risks they are taking and the poor people which were caught in the crash of Luna and now they are hoping that against all odds Luna somehow recovers its former glory, something we know it is never going to happen.

irhact

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Quote from: Len Saldua on September 30, 2022, 12:35:59 PM

By that, I mean the whole Terra Ecosystem: Luna Classic, Terra, Mirror Protocol, Anchor Protocol and even their stable coin UST !! ( Now renamed USTC )

So news of Do Kwon now getting arrested, his assets frozen etc, pretty much as bad as you can get.. yet the whole Terra Ecosystem is pumping !?
WTF is this !!

This is because big influencer are still hyping the coin and now making investors to believe it can do a 100x times your money if you invest now that is very cheap. Binance exchange has also launched a burning mechanism that will help reduce the supply of tokens in circulation and other exchange are buying into the hope. Luna was held by lots of people and they all got destroy when the crash happened, now they are just hoping on any positivity they see and this new bueno mechanism just gave them that hope.
Do Kwon was very stubborn if not the crash won't have had this much effec as itt did. Imagine if he hasn't launched the new Luna and try to revive this old one, maybe they would had been trading above the current price now but they have to share the cash flow with another project now.

South Park

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Quote from: erep on October 07, 2022, 04:59:19 PM

Quote from: South Park on October 07, 2022, 04:50:08 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 those coins and you better ignore the luna coin list, because some backgrounds currently don't support luna coin investment because whales can sell their luna coins from buying luna coins at lowest price, they currently have luna coins with estimated hundreds of thousands up to billions of dollars. I advise you to get out of investing in Luna due to the fact that critical reporting if DK is caught will experience a very significant decrease and you will become the next victim of investment.

If I am honest I do not really understand the people which are trading Luna right now, in a way I can get that people want to obtain profits above all and if they think they can get some money while trading Luna then they are going to do it, but the risks are incredibly high, just as Luna collapsed out of nowhere and destroyed the lives of a lot of people in the process the same can happen again, and this time around I do not see how it could survive at all.

malcovi2

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The Luna Project team has been constantly promoting that they will burn their token.However, some people are investing there after hearing such news, but some are investing for the long term.But that little time is pumping because of the campaign to burn them the most.But I think the team is most responsible for the destruction of their project. For this, my biggest tension is that they started the project by raising the price a little with good news and then cheating the customers again Can do.

No, you are not correct about the burn because it is being proposed by the Luna classic community not the Luna team and its up to the developers with the node operators if they will implement such proposal but I do not think that it will happen because in my opinion Luna is already considered an abandon ware because its being under investigation. I think there wont be any developer gonna dip their toes into the project as they could face issues with the authorities.

Editbar

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I'm sure that we're heading close to a breakout in October
right, of course, we started that one on October because of the Binance burns because there's no way finally it's here now it's been seven-plus days and the price is just right just slowly.

Shasha80

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Quote from: DoublerHunter on October 07, 2022, 05:08:24 PM

Quote from: erep on October 07, 2022, 04:59:19 PM

Quote from: South Park on October 07, 2022, 04:50:08 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.

I don't understand people who still believe in Terra, even though it's very clear how LUNA has harmed many people. Even the founder was
found guilty, which means we can already judge that Terra is a problematic project and should be avoided. If Terra can still pump, it means
that there are whales who take advantage of it, so we should not be tempted to invest in Terra just because of our greed. I really believe in
investors who can think intelligently, definitely won't be interested in buying Terra again. Because we don't want to make a second mistake,
let alone long-term investment in Terra, I don't recommend even short-term investments. It's better to focus on projects that are really safe
and have a bright future. If we do the right research and analysis, there are actually many other projects that we can buy instead of having
to take the risk of buying Terra.

DoublerHunter

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Quote from: erep on October 07, 2022, 04:59:19 PM

Quote from: South Park on October 07, 2022, 04:50:08 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.

erep

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Quote from: South Park on October 07, 2022, 04:50:08 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 those coins and you better ignore the luna coin list, because some backgrounds currently don't support luna coin investment because whales can sell their luna coins from buying luna coins at lowest price, they currently have luna coins with estimated hundreds of thousands up to billions of dollars. I advise you to get out of investing in Luna due to the fact that critical reporting if DK is caught will experience a very significant decrease and you will become the next victim of investment.

South Park

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Quote from: ?? on ??

The burn already revealed and that's approximately 1.8 millions USDT worth of lunc already burned which is very very small amounts of lunc to be burned in a week period. Ethereum was burning millions everyday. This what people called as the burn will be effectively helping lunc to go back to the 1 billions supply which is delutional. So many people are crazy can't accept reality

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

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

Stella Mese

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in fact many day traders prefer to speculate on the LUNC coin. because the movement is highly volatile can make a quick profit. and if we trace the crypto signal channels on telegram, many of them say that LUNC will go higher again. so do not be surprised if the small pump is always the case. but actually the current volume cannot be called a pump. because the graph looks to be rising healthily. and when it goes down, it doesn't dump alias it still goes down healthily. and many people are buying to bet on this coin. they know it's risky. but they do it anyway.

coinerer

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Investors who invest mainly on analysis are not getting any reason in the way of Luna appreciation. The biggest news that came out of Luna was that they would be burning a large amount of Luna tokens. There is no other news except Burning news, but what is the secret of increasing the price of Luna? Assuming it could be any trap and another way can rise if the community supports it highly.

thecodebear

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Luna Classic is pumping because they are trying to rebuild the ecosystem through reenabling staking, slowly burning through the trillions of tokens that were brought in through Do Kwon hyperinflation, adding back apps to the ecosystem, and eventually trying to repeg some stablecoin. Mostly the pump the past week and a half has been because the burning started (though it will take many years to burn the supply down from 6.9 trillion to 10 billion which is when the burn will end).

Only time will tell if these measures bring the ecosystem back alive and make it a major player in crypto again. But that is why it has pumped lately.

d3nz

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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.

This happens before and "Whales" are trying to pump fewer volume altcoins and obviously they target LUNC and LUNA which are very controversial crypto. Mostly, traders will get into the trap in which and ride on the trend that "Whales" will surely drop the value once BTC moves towards the uptrend again.

MoonOfLife

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Quote from: inanilujimi on October 01, 2022, 10:04:25 AM

It is strange indeed that even the trading volume of lunac is still very high, this proves that there are still many people's interest in making profits in a short time from lunac which is basically just a whale game to make profits in the bear market.

Though investors have lost their trust in Luna, we can't deny the fact that many people still have their hopes for it. They still believe that they could gain a good profit every time it pumps which I think is still a wise idea. Some coins are worth buying for a short-term investment. It's still good to take advantage of Luna despite all the issues and ruined reputation. We better embrace the opportunity to earn but we should still be mindful of its risks.

Just looking at the trading volume in the last 24 hours, you can see that there are still a lot of people investing in Lunc. Maybe old investors because they don't want to believe that lunc is over and they hope one day it will come back. Besides that there are also a lot of risky investors who will invest in lunc because they predict it will pump after falling too much.

DeathAngel

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It’s called a dead cat bounce, it doesn’t mean LUNA now has a future again. It’s a dead token & it’s not advisable to start investing in it.

If it does pump I’d say it’s a good opportunity to sell & get out whilst you can. LUNA is going nowhere bullish fast.

inanilujimi

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It is strange indeed that even the trading volume of lunac is still very high, this proves that there are still many people's interest in making profits in a short time from lunac which is basically just a whale game to make profits in the bear market.

Mario Yamasaki

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What is happening with Luna at this time as confusing, they almost died but can pump and the case has not been completed because Do Kwon is a fugitive police, but a good fact is Lunca can rise this week more than 47%, I hope that Lunc will soon be ranked top 15 in 2022.

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Quote from: dlightag on October 01, 2022, 09:41:25 AM

Terra Luna coin is trying to do correct as a result of heavy dump of the coin for past few months ago, which was implement burning mechanism towards luna coins transaction that was implemented and was seen that Luna is pumping, the truth is that is doing pull back as the result of new development that was functioning towards the ecosystem.

Actually, the token burning system is very useful for the value of a token like Terra Luna did. And this is a great opportunity for the owners of this coin because of its ever-increasing price

Topic: Why is Terra still pumping !?! - page 2. (Read 722 times)