Topic: Will Terra (LUNA) recover some time in the future? (Read 817 times)
Indeed it is impossible. Mainly because Terra has lost peoples trust. Even if they promise something special or make investors rich, they can change history. Even when time passes, a lot of people still would remember how huge Terra price drop was. If a person was burned once, he would never put his hand in fire again. If we open a list with cryptocurrency, we would see that forks or classic, or altcoin 2.0 never reached similar price or success like original altcoin.
Everything just happened. I think expecting the old LUNA to return to the price of the old LUNA is pretty much impossible. They have stopped developing the old version of LUNA, cut off the LUNA-UST protocol and ecosystem so that the supply remains constant and whatever future conditions are left to the community. Even if the old version of LUNA were to skyrocket it might still be impossible to ten dollars.
The old version of LUNA has been tried by the devs to recover even to the point of spending the reserved bitcoins to make the UST to its original price but that's not enough. Precisely by spending bitcoins for UST they get nothing but regret spending it until they close all old LUNA protocols and ecosystems. But they will be responsible by replacing it with a new version of LUNA which is much better.
the old version has been changed to Terra Classic (LUNC) and made a new Terra (Luna), this is definitely something the last action that can be done after various actions have been done but is unable to bring it back even as you say it becomes even more loser.we appreciate that they continue to strive to be responsible and try to bounce back, but from the first time the new version was released until now, there has been a price drop of almost -87%.
Is this a sign that investors still haven't recovered their confidence in what they are doing? Of course it's still too new to decide, there's still a long way to go to recover, but they're always optimistic.
Many hoped that Tera Luna would recover. Others exchanges assured that they would bring Luna under recovery.Team Luna launched Recovery Luna 2.0 but it didn't work.Many investors have made huge losses from here. Investors had high hopes that the market could recover.But everyone had false hopes.Luna will never be able to recover. Those who talk about recovery may not be able to do any analysis about the market.
Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
Luna 2.0 was listed in exchanges by themselves. I don't think Luna devs paid any money for that. it was probably part of their agreement when listing their original Luna. all exchanges have to support any update and migrations.I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.
total supply of Luna is not growing since 3 weeks. they stopped minting already. and there will be no more new luna minted now. it was confirmed by Do Kown and Binance CEO in twitter. 
I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.
Only the supply of Terra Classic kept growing at a non-stop rate (not sure about now). But the new Terra chain will only have 1 billion coins in circulation. Just like you said, the project has lost the trust of all of the investors. It's going to be difficult (if not impossible) to bring the project back to the way it was. With better alternatives on the market, only a small number of people will switch to the newly-created chain.
Whenever it'll have a future or not, will greatly depend on the community itself. If developers, individuals, and startups/companies work together, Terra 2.0 will be going somewhere. Otherwise, not. Crypto behaves in many strange and bizarre ways so anything could happen in the future. Just my thoughts
I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.
Impossible Terra Luna recover to higher price again although have new version kinds of Luna coin and now success list with price above $9, never have second chance for investor put their money on scam coin and give chance for scam developer. I think need careful with investor still active trade and invest on new Luna coin, I have bad feeling with new Luna coin price now above $9 will get drop like old Luna coin and become drop under $0.0001 again and could be second time to see how much money losing on Luna coin. 
I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.
I think recovery of Luna is impossible because Luna team has decided to launch new coin and make the old coin named Luna classic . And after a time the old Luna coin which is Luna classic will be suspended. And they will fully focus on new coin . So that the reason which I think that old Luna coin will unrecoverable in future
I agree with you, your words are logical, if the team wanted to revive the old coin, why did they create a new coin? Why do I invest in the old Luna and there is a new Luna that they say will make me make up for my previous loss, although I do not agree with what the Luna team has done, there is nothing expected in the crypto market, we may witness a pump in the price of the new coin after it is adopted and supported, and when we are in the bull season, we may make good profits from it, as the new Luna from its launch and achieved remarkable heights on exchanges. 
Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
i dont see huge interest from big investors to Luna since its drop sharply only in few days, many survival plan proposed by DO Kwon and so far still not accepted well by community. price still ranging with high volatility in market , traders or investors only taking profits for short term periode. they still affraid with unclear product developtment in Luna 2.0 , is it still be same with existing or not. Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.
What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.
What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance.
I think it is not a good idea to buy them now because there is no hope for this. You can take a look at the NFT projects, some of them are garbage. But there are a few great projects with high potential. I am following one blockchain-based game "reptile chronicles" now. They have such good artworks and novels, this reptile fantasy vibe reminds me old classic fantasy world. Have you heard about this project? What do you think about it?
Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
even valuation of the new luna isn't that high, also the distribution of the new luna is heavily vested making recovery for the veteran holders of the luna just hardly being realized.after all, so many has lost trust in luna team since the thing that they did after incurring losses in so many of their faithful luna holders is just ridiculously forking their coin.
maybe they just meet a dead end and forking could some how give them a new chance of rebuilding luna but it seems like the veteran holders are just being abandoned.
Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
The new Luna suffered a huge crash -62.3% six days ago but it's still good, it's still in a speculative stage, and there are still a lot of risks involved, some exchanges are adding it now, but at this point in time I'm not ready to trust them, like what you posted they keep the new Luna moving and concentrating all their efforts but they are abandoning their old Tera which is the now the classic one https://www.coingecko.com/en/coins/terra-luna-classic, sure some investors take the risk and invested here but I doubt if they will take the old Luna seriously.
Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
I don't think the Terra (LUNA) project will recover in the future. They have a plan for Luna 2.0 right now, as you know, but I don't think it will work. Many people suffered serious damage and the Luna team managed this process very badly.
If investors' confidence is lost, it'll be quite difficult to get things back on track. A re-branding would've been a much better choice, instead of creating a new blockchain with the same old name. Some people even recommended the LUNA team to burn existing tokens in order to restore the cryptocurrency's price on the market. This is all a disaster that will probably shift away people's attention from crypto into something else at least within a short amount of time.
What will happen in the future with LUNA is only a mystery. I'll be a miracle if Terra rises from the ground up after all it's been through. If it does, then demand for crypto will soar towards new heights. Just my thoughts
I think recovery of Luna is impossible because Luna team has decided to launch new coin and make the old coin named Luna classic . And after a time the old Luna coin which is Luna classic will be suspended. And they will fully focus on new coin . So that the reason which I think that old Luna coin will unrecoverable in future
For me it can be recovered, but I could not invest in this currency, because the behavior of the chart is like that of the bubbles, it is like forgiving a girlfriend who has been unfaithful to you, at the least expected moment she will do the same to you and there will be no going back, it is also not the only cryptocurrency with a future, there are many more that are close to BTC that can have a more positive behavior and that can generate more confidence, in fact I am a follower of cointelegraph and they always put the analysis for LUNA, and although Luna was never to my liking, sometimes she participated in what cointelegrpah said.
The old version of LUNA has been tried by the devs to recover even to the point of spending the reserved bitcoins to make the UST to its original price but that's not enough. Precisely by spending bitcoins for UST they get nothing but regret spending it until they close all old LUNA protocols and ecosystems. But they will be responsible by replacing it with a new version of LUNA which is much better.
The proposal sucks because they only have one snapshot for pre-attack, another snapshot for post-attack. There are lot of division and loses for their investors in between pre and post attacks.
There is a simulator for airdrop estimation and if you look at it, the airdropped is terrible. Not yet including vesting and cliff time.
https://terrarity.io/luna-airdrop
Well, what can we expect for this kind of projects? They aren't professional ever since the start but at least some people can get something in return. I guess that is better than nothing at all? But, if you still considered the amount is shit then that was your problem anymore. You can just give your coins back to the address that you see in your wallet or you can give it to someone else. That should fix your problem.There is a simulator for airdrop estimation and if you look at it, the airdropped is terrible. Not yet including vesting and cliff time.
https://terrarity.io/luna-airdrop
I don't think the Terra (LUNA) project will recover in the future. They have a plan for Luna 2.0 right now, as you know, but I don't think it will work. Many people suffered serious damage and the Luna team managed this process very badly.
Maybe this can work for those who are new to luna because they will pick up this coin and the reason why is because luna is still on the news. The hype was still there but for the old luna investors I think they already learned their lessons. They already feel bad losing millions and billions. Seeing this luna 2.0 can only be an insult to them. 
I don't think terra luna will grow again in the future because the development team of this project has left the project, and we need to know together that if binance has removed the LUNA token from their list, of course this is a big blow to LUNA, although previously this was very rare in the binance, I think as time goes by LUNA will disappear from crypto.
Luna is been establish coin in crypto market if they create another coin which is their plan for recovery and their whales will support their plans then for sure their recovery mode will happen but expect that it will take time for them to do is knowing how big the issue happen to them. Maybe for now they are picking up their selves and planning things out so that there will be no huge problem will occur on their future plans.
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