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Topic: Will LUNA 2.0 be a complete failure in the long-term? - page 2. (Read 325 times)

legendary
Activity: 1778
Merit: 1474
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In the field of crypto, we are used to not being surprised by anything.

In theory, the project is finished and no longer has any added value that it can offer to the market community. But this does not mean that it cannot be exploited, even on short periods, to achieve profits in the medium term to the maximum extent, which is what whales do.

For example, I remember everyone's position on the Dodge coin that it is a project without a support team, and that the size of its mass is constantly inflated to infinity, meaning that it has no future from a counterpart point of view. Of course, we all remember what Elon Musk did through his tweets. This is in addition to its steadfastness for a very long time, as it is older than the entire Ethereum network.

Everything is expected.
sr. member
Activity: 1274
Merit: 375
Luna 2.0 = Bitconnet 2.0
Luna has lost all trust. Many people around the world committed suicide because of the Luna collapse. It doesn't make much sense to trust luna again in the long run.



legendary
Activity: 3010
Merit: 1280
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What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future? Your input will be greatly appreciated. Thank you very much. Smiley

I think there is no need to ask if Luna 2.0 is a complete failure in the future since it is already a complete failure.  Forking an altcoin does not mean that it will be successful, unlike its predecessor.  As long as the project developer is the same, Luna 2.0 will suffer the same fate as LUNC.

My personal opinion, only 30% of this Terra (LUNA) V2 project will be successful in the future.

What??  Can a project be taken into fraction or percentage?  I don't think so, it is either Luna will be successful or not, and I am confused why only 30% of LUNA will be successful when a company or project is always taken as a whole number.

since they currently only rank #2808 in CMC, this indicates that not many people are enthusiastic about the new coin that the Terra team is making. People have lost faith in the Terra project and they are also afraid that the chaos in Terra V1 will happen again in Terra V2. Slowly, people will leave or even forget about Terra.

I agree, after this big scam move of Luna, I believe lots of its investors are already shaken and looking for another valuable project to invest in.
newbie
Activity: 35
Merit: 0
LOL LUNA Shit V2 going to 0.00001$ just like LUNA 1 no one will trust this shit again  Grin
legendary
Activity: 2338
Merit: 1124
Technically, Luna will survive in the long term since they have many developers working together on this L1 blockchain but the main concern about this project is their fundamental. Many investors loss money already in the first version and most of them are influencers that invest million of dollars in the project. If Luna manages to survive the first crucial month of criticism and doubt from old investors, This project might be back alive and run for long term. Personally, I don't believe on the project anymore especially that we already know how dumb the CEO on decision making.

I will not put a single penny on this project even if they manage to comeback without refunding all the user funds loss in the luna classic.
Technically Luna will not survive in the long term because of anything. What you need to understand is that people with millions of dollars will not invest into Luna, there could be a few maybe, but millions of dollars is nothing in the crypto world, and will be going to zero in a single hour if people start selling. They will "try" but it will not survive. Of course you are free to think however you want and if you think that it will do well then kudos to you and I hope it does.

But, I believe that it will not be doing any good and it will only lose money and people will be very upset about it as well. That is all I believe Luna is capable of from now on.
full member
Activity: 2086
Merit: 193
Yes it will be a disaster, sometimes something just needs to be allowed to fail. It’s a sitting duck with no future, it will trend towards $0 without a single doubt.
I’m slowly thinking the same way since LUNA lose the trust of many investors and there’s a big effect of that. This may continue to pump and dump but in the long run, you can know where LUNA is heading which is on the bottom price. If some projects will still use LUNA network, then that could change everything.
hero member
Activity: 1652
Merit: 772
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What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future? Your input will be greatly appreciated. Thank you very much. Smiley

My personal opinion, only 30% of this Terra (LUNA) V2 project will be successful in the future. since they currently only rank #2808 in CMC, this indicates that not many people are enthusiastic about the new coin that the Terra team is making. People have lost faith in the Terra project and they are also afraid that the chaos in Terra V1 will happen again in Terra V2. Slowly, people will leave or even forget about Terra.
sr. member
Activity: 643
Merit: 263
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Trust has been lost.

No matter what they did, IMO the price are not gonna back up again and gonna down maybe under 1$. Everyone love old luna because how the system LUNA <> UST while they can arbitrage profit and the staking reward.

Now, the trust is lost so better stay away.
when the trust is lost then there is no hope for Luna to increase, now the price is increasing due to the announcement of binance again supporting the luna v2 program but after that time has passed, then the prediction of the new luna price will decrease to $1, so hopefully no losses from trading the new luna coin.
hero member
Activity: 2282
Merit: 589
Yes it will be a disaster, sometimes something just needs to be allowed to fail. It’s a sitting duck with no future, it will trend towards $0 without a single doubt.
We don't need to think about things that are not important, now Luna has lost the trust of investors, the opening price of new luna is not as expected even though the ratio obtained by luna post attack holders is very low, so leave luna and review the top altcoins when the market is bearish.
legendary
Activity: 2660
Merit: 1261
Trust has been lost.

No matter what they did, IMO the price are not gonna back up again and gonna down maybe under 1$. Everyone love old luna because how the system LUNA <> UST while they can arbitrage profit and the staking reward.

Now, the trust is lost so better stay away.
legendary
Activity: 2954
Merit: 1153
If the Terra team was unable to restore the original project (now Terra Classic) back to its former glory, what makes you think the new version will be a huge success?

It is the total token supply that will help Terra (LUNA) to at least recover its ATH.  Terra(LUNC) is already done.. I think.


There are many other alternatives on the market which don't have a tainted reputation like Terra. If people were disappointed with what happened with the LUNA/UST collapse, then it's likely they will choose another alternative instead of going all in on the new chain.

I agree, better to look for a new project that has better decision making than the Luna dev team.

What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future?

I think it will recover, but success?  With the way the people behind the project decide, I do think that it is not impossible but it will take time.
legendary
Activity: 3304
Merit: 1617
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Yes it will be a disaster, sometimes something just needs to be allowed to fail. It’s a sitting duck with no future, it will trend towards $0 without a single doubt.
sr. member
Activity: 1386
Merit: 451
It's only been a few days since Terra 2.0 launched, yet prices are struggling to rise back to their original levels. Many investors are skeptical about the new chain, especially when Do Kwon is facing scrutiny by the South Korean government. If the Terra team was unable to restore the original project (now Terra Classic) back to its former glory, what makes you think the new version will be a huge success? There are many other alternatives on the market which don't have a tainted reputation like Terra. If people were disappointed with what happened with the LUNA/UST collapse, then it's likely they will choose another alternative instead of going all in on the new chain.

What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future? Your input will be greatly appreciated. Thank you very much. Smiley
Looking at the state of the Luna 2.0 market, I can say that it has completely failed. By investing in it long term you will fall into more losses.Those who have invested in Luna coins for a long time and who have lost by investing will never recover. There will be no investors to invest in and it will probably never pump up again.So I say don't make any long term investment with these Luna coins.
sr. member
Activity: 882
Merit: 251
Now let me speak from my opinion, as above my friend is refraining from buying Luna out of fear.  So I think a lot of people who have invested in Luna will refrain from investing in it.  As a result, Luna will never be able to achieve the same position as before.
Many traders don't want to take risks to invest in red flag coins, now many other top altcoins are more confident for long term investments, many rumors about the new Luna will not have any impact to restore the price but it is a bad possibility that the new Luna will also be lower than Luna classic.
sr. member
Activity: 1274
Merit: 457
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Before answering this question, I am talking about an incident that happened yesterday, this same question was asked to me by a friend of mine yesterday.  I first asked him, "Will you buy Luna and will you not be afraid?"  He replied, "No, I will not buy Luna and there must be fear."
Now let me speak from my opinion, as above my friend is refraining from buying Luna out of fear.  So I think a lot of people who have invested in Luna will refrain from investing in it.  As a result, Luna will never be able to achieve the same position as before.
jr. member
Activity: 840
Merit: 6
It's only been a few days since Terra 2.0 launched, yet prices are struggling to rise back to their original levels. Many investors are skeptical about the new chain, especially when Do Kwon is facing scrutiny by the South Korean government. If the Terra team was unable to restore the original project (now Terra Classic) back to its former glory, what makes you think the new version will be a huge success? There are many other alternatives on the market which don't have a tainted reputation like Terra. If people were disappointed with what happened with the LUNA/UST collapse, then it's likely they will choose another alternative instead of going all in on the new chain.

What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future? Your input will be greatly appreciated. Thank you very much. Smiley
Please do not waste your money on Luna2. Do Kwon has been proven to be a scammer. Do some research before you invest, please. You are better off investing in a different L1 with real world usecases, like FTM, MATIC, or CNDL.
sr. member
Activity: 1512
Merit: 397
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If we look back at what has happened with Luna Classic, I think 70% of Luna 2.0 projects will fail.  A lot of people have been skeptical because of what has happened to LUNA Classic which I think it will take more into consideration than investors considering this is a project with most of the team being the same people as the Luna Classic project.
legendary
Activity: 2758
Merit: 1228
It's only been a few days since Terra 2.0 launched, yet prices are struggling to rise back to their original levels. Many investors are skeptical about the new chain, especially when Do Kwon is facing scrutiny by the South Korean government. If the Terra team was unable to restore the original project (now Terra Classic) back to its former glory, what makes you think the new version will be a huge success? There are many other alternatives on the market which don't have a tainted reputation like Terra. If people were disappointed with what happened with the LUNA/UST collapse, then it's likely they will choose another alternative instead of going all in on the new chain.

What do you think? Will LUNA 2.0 be a complete failure or a huge success in the future? Your input will be greatly appreciated. Thank you very much. Smiley

Depend on the situation if Devs and their whales will keep supporting the project then maybe we can see them succeed back in future, but if their whales already done with them and the one who's reviving the project are the small investors well we can say that they might fail in future. For now they will struggle since the issue hit them very hard but once the issue fades and the confidence of the people cameback again maybe we can see them get a good revival in future.
hero member
Activity: 2716
Merit: 698
Dimon69
Yes, I think LUNA 2.0 will be difficult to grow again like Terra Luna before, because investors and crypto users have lost confidence in Luna, I assume that LUNA 2.0 will fail miserably to develop in the future because there are many things that must be done by the team, especially re-establishing the trust of crypto users who have suffered heavy losses some time ago, I think that currently crypto users are very selective in choosing projects or tokens to invest in so as not to experience something like what happened with terra luna.

While I agree on the general sentiment of all the crypto user especially those whose affected on the catastrophic loss of Luna failure. I still believe that hype and blind followers will still trust this project since it already prove themselves before the failure occur. There path is same with Ethereum which fork Ethereum and leave Ethereum Classic after the attack on there smart contract last 2016 which result to huge funds loss. The price of the Ethereum that time went down to the bottom and stay there for a long time. Vitalik just slowly build it again and gain trust of the investors to buy back again. There's a chance that this instance will be the same to Luna 2.0 since there's still huge volume on the exchange right now for this token. But let's see if the hype will sustain for more than a month.
full member
Activity: 1025
Merit: 100
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Yes, I think LUNA 2.0 will be difficult to grow again like Terra Luna before, because investors and crypto users have lost confidence in Luna, I assume that LUNA 2.0 will fail miserably to develop in the future because there are many things that must be done by the team, especially re-establishing the trust of crypto users who have suffered heavy losses some time ago, I think that currently crypto users are very selective in choosing projects or tokens to invest in so as not to experience something like what happened with terra luna.
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