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Topic: Will LUNA 2.0 be a complete failure in the long-term? - page 3. (Read 325 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
That's too naive to think that if this project has not yet become a failed project. As far as i know if so many people are against the proposal but do kwon was still executing what he was thinkin if that was true. This project didn't even hear the community's response. The founder keep creating the new token to avoid his fault. Creating the token was free but he has been making billions of money gone for nothing. This project was so garbage as fuck.
There's no hope for the new version of terra luna. This will be dumped so hard in the future.
member
Activity: 140
Merit: 20
I see that no investor actually buys Terra Luna version 2 for holding or long term investment. but I see those who buy are just looking for a momentary advantage like taking advantage of the hype for a moment. no one really believes for long term investment. everything is just in and out in short term trading investments. you can see at the beginning of the listing the direct price pump up to $ 30 and then dump to $ 5 . but after binance started listing the price started to slowly rise again. but still, from the chart itself, we can see that everything is just waiting for the moment to buy and the moment to quickly sell when you make a profit.
but can not say will fail. because the trading volume is still quite good. but everyone is just afraid of being disappointed again.

However, if you have experienced failure, you will not find maximum confidence again like the initial project.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
First of all, it's very unlikely that the 2.0 Luna will return to its old form. It will never happen IMHO. There's no way that they'll get back those billions because it's already spent somewhere by whoever benefited from it. And the Terra owner, Do Kwon, and his team cannot do anything with it. Instead of making some admission of their fault, they didn't do it yet formed a false hope to their investors instead of focusing on getting back the wealth that has been slashed to them. And even if they admit it, they'll never get it back and there's something they know that they don't want to tell to everybody.
hero member
Activity: 2268
Merit: 507
Basically luna already failed and it doesn't matter whether it was issuing the new token or not but this is a complete failed project. Thousands of people are loosing their money. Giving the hardfork coin as a way for people to recover some of their lose didn't meant if this wil; make people feel satisfied again in the long term. I just remind you what about those who have bought UST since the reward was not 1;1 with their UST.

People are loosing a lot of their money. They do know that if this is a bad project but yeah the hardfork coin has become a way to convince the investor in short term.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
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 it cant never go back to the top like it was used too. Its not because it has no investors, but people's trust loses a lot on this project. I am just thinking that it was listed by some exchange due to their losses and care for the people who wishes to get back their money since when it fully declared end then theres no chance to get your money at all. Even CZ loss a lot here, so I am thinking they want to earned it back through trading or hoping for another big pump.
newbie
Activity: 2
Merit: 0
Tera Luna unexpectedly crashed investors funds, despite the market volatility some weeks past, others coins and token did not create a noticable down fall just like Luna did. It was really a shock that Luna dropped from $100+ to $0.0001, I think I should call the situation unprofessionalism by team of the terra Luna.

Bitcoin, Ethereum, BNB and TRC did not fall to the bottom just like terra did. And now Terra has developed (launched) the terra 2.0, the team have shown their incapability and lack of professionalism that they couldn't restore the original project, their is no doubt they will not fail again in future when their is market volatility..

Thanks sir.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
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
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