Bitcoin Forum

Terra Luna Classic and Voyager are two projects nobody expects to attract a lot of investors anymore. Yet they're going parabolic ? Right at the bottom of one of the worst bear markets crypto's ever had ??
This is madness.

This is due to the new age investors, probably they are thinking that they are investors by themselves without even knowing what kind of risks they are taking. Luna project collapsed but in a week the developer created new and people went crazy for it, this just show how people are falling for the traps created by social media manipulation.

I think people don't learn from mistakes, a lot of investors suffered from Luna last May and maybe now Luna wants to get another victim. I'm sure this won't last long and will soon fall to the bottom.

Yes... no need to FOMO into projects that have ruined thousands, maybe even millions of investors. Just grab a quality project like Helium while it's still under-priced. Biggest gainer in my portfolio, up 35% today !

Speaking of Luna... WTF happened to the airdrops they promised ? Many investors were completely unprepared for the collapse and the airdrops were a form of "compensation". I wasn't expecting much but to this day I got nothing.

The pump and dump for LUNC is for real.

Don't get FOMOed there as we have learned from the past and projects like LUNC isn't going anywhere. The remains of it is no longer good and if it's pumping, it's just all about the pump that he's taking but eventually, we'll see it start to drop.

Otherwise, if it continuous to pumps, then don't catch the falling knives because it will not be forever at that situation.

when many holders are big and have a lot of money they will easily play the market and the trading volume increases the price to lure other traders in to buy it, when they feel it is profitable enough they will drop the price back then make a profit, looking at previous experience be careful with your money don't go near a failed project

Whenever you hear the news about a coin pumping, try to check first the reason behind it so you can determine if the pump will last a while and you should get on, or just ignore it completely. The mistake you will make is jumping too quickly into conclusions with mere assumptions and not the facts. The major reason why we are witnessing LUNC pump and why investors are trooping to it is because of the scheduled burn to start on September 12th.

You can learn more about it here (https://www.youtube.com/watch?v=mQi88PR2aUQ)

I hope those investors don't carelessly invest in Terra Luna Classic and Voyager before they do their research. They should learn from the experiences of others who have had bad experiences with Terra Luna and will not try it. Or maybe they still hope to be able to benefit from the project. Too much speculation will make us even more confused. We can leave them to decide while we see what happens next.

Expect the unexpected even Luna Classic did receive lots of negative sentiments and opinion but it cant really be removed that there's always the chance for these projects to be pumped.You would really be  boggling up yourself on what he hell is happening considering on how shitty these projects are.

Same goes or opposite into those good projects which does have actual potential but still ending up on getting dumped or its price is on the floor which it would really be creating those questions
on what the heck is happening into the minds of those investors on supporting shit projects and leaving the good ones.  :D

I totally agree with you that this is madness and i also have no idea why this is happening at the moment. I first noticed the crazy trading volume of Terra Luna Classic on Kucoin when i wanted to try out on of their trading bots for the first time and there the LUNC/USDT trading pair has the highest volume of all USDT trading pairs on Kucoin which i just can not understand. A lot of the trading volume on Kucoins obviously comes from the trading bots because that trading pair has a high volatility and huge volume which are both great things for a trading bot. That still does not explain though why the price of LUNC keeps climbing. I mean, who would buy that coin now?

The possible update brings that hype again and many are still optimistic about what can happen to LUNAC if they succeed on that update. Though it’s already over bought and probably can drop any time from now but let’s hope that many are already able to sell and exit on that project after being trap for months now. I will take this carefully before dealing with LUNAC again, it can be another trap.

Why are you surprised?, it is very clear that they have been pumping it hard right now. Most of the pump and dump groups will choose a coin to do their thing and obviously this is their choice so obviously everyone is riding on it, until it goes down hard again. There is no reason except the people doing it is looking to get more money, simple as that. If you want to join, you can do that, but just be careful and don't be greedy, if you have profited enough then take it already and don't wait for the price to continue to go up because there's no such thing as parabolic rise in crypto.

Everyone is pumping, Bitcoin, ETH and the rest of the altcoin market, this is a sign that we are on the road to recovery after a bleeding that started this weekend.

I haven't followed the news about this two coins, and so if there is none but the price is going up then you know what is the meaning of that, it's a pump and dump scheme.

But if there is news and hype about something new or development in this project, then it's the anticipation of the investors. Nevertheless the end result might be the same, there there be a incoming dump, just saying.

Pump groups and greed.  No need to follow the crowd you will eventually get taken by them and lose your entire stack.  If complete garbage coins are going up and you think it's crazy, you are probably right.  Steer clear of these "opportunities" and ypu should end up fine. 

Apparently, that is how manipulation and hype influence the market trend, or maybe a fake trade volume is also possible. It is really eye-catching and even surprising but I have no regrets about not investing in this coin for I have no trust in them anymore. But what I think is that this pump won't last long and a terrible drop can be possible. I have to say that the trap has been setup and losses are way possible for those who buy now.

It is madness but there is nothing we can do, if people despite all the evidence that is circulating the Internet about those coins still decide to invest in them because someone else is doing the same then that is their call, even if we do not agree with the decision they are taking we must respect it, but having said that if those people lose their money and then they come to complain to the forum about it then we must be 100% honest with them and tell them they are completely responsible for what happened to their money, as they knew very well what they were getting into.

If you already know this is a crazy project then don't ever try to put it on an investment list, what I'm trying to say is people expect too much hype, thus ignoring the level of risk they will accept. Although on the market, there are still many other coins that we can use.
Expand knowledge about coins, then leave the ones that make us unprofitable, that's the safest way to get out of losses

Definitely, this is just a trap.
It is too risky to go along with this situation, putting money into unrealistic pumps and projects, I can really imagine how we lose our money. Well, I encourage holders to sell their Terra Luna if there is one and not invest in them again. We can't hide the fact that nobody was able to expect such a market spike without any reason. Something really fishy around this situation and you probably got it mate, this won't stay long. Might be seeing this surprising increase will turn into a huge decline leading to its dead.

I think it's shark manipulation, they're trying to pump a little bit more to create a trap, leaving people who still believe in lunac on their way to recovery. Just like other noobs in the market, when bitcoin is at $19k no one dares to buy for fear of falling more, but when bitcoin rises to $25,000 there will be a lot of people jumping in to buy for fear of missing the train. Likewise, people will buy Lunac when the price spikes, but they don't know that it's a price trap and the sharks will dump it from there.

The price of Luna is rising but not in a natural way. There must have been manipulation by the Blue Whales or manipulation by them. Prices are increasing by 50-60 percent every day. When Luna destroy for the first time many investors lost their wealth and some even committed suicide. Now that they're on the way again, a big crash could happen again.

It's either a trap or some foolish group of whales are truthfully investing for a short-term profit. That's all the reason I could see from this turn of events.
A kind of happening that is not new in the crypto market.
You have good eyes though and good memory about how much was it before. They tend to be buried in memories by those who quit supporting them.
I don't even look at it anymore. I suggest just moving on, look for a new gem then maybe it will end up different unlike the other two that were mentioned.

I am not sure if they are same people who don't learn from their mistakes or new people coming into crypto and don't have proper knowledge and understanding. someone said there is a new burn protocol for LUNC maybe that's why people started to get attracted to it.


i don't think it is doing of a pump and dump group.. but it is possible. only time will tell.

It's probably manipulated, probably by people who want to take advantage of the old news about Luna and let them think that it's going to go back to its peak (since it was fixed and all or something). Newbies investing thinking nothing of it and hoping for a long-term result would honestly get eaten up in these types of scenarios. Maybe if they shorted they might be able to get a bit of profit out of it, but if not then well, goodbye to those funds. Honestly hope that no one gets fooled by this again.

It isn't madness, neither should you be surprised, it is basically a pump and dump coin, and this is what it does, it might be pumping now, but definitely the dump is somewhere around the corner; remember what happened with LUNA a couple of months ago, it was the hype and pump that allured many investors to it, and in the end it was a very bad situation for those who held on to it; i know quite a lot of investors will be jumping on this spike to buy some of the coin, and to be fair some will be lucky to get ROI, but the majority will prolly be caught unawares when it starts to crash/dump.

Probably the same reasons as the previous event where the price is dumped, price manipulation. And I think joining this LUNC FOMO has a very huge risk, all those people who make this pump happened will take their profit and sell all their LUNC sooner rather than later.

Actually coins pump and dump depend upon the News rumour. Some days ago we seen best project Tornado Cash down from 32$ to 12$ because of bad News around there. Now Luna Classic pump reason is also new of tax burning. This burn will decrease the supply of coin. This is the reason all investor now investing in this coin.

This is how volatile crypto markets are, the massive changes occur too often, and sometimes not only the price will crash due to some sort of thing happening unexpectedly. We have this kind of price movement as well in the market where we don't know exactly what happened and why the price suddenly increases like this. But let me tell you investing in such coins are too risky, you need to know what kind of disaster you might fall into before taking any risk to invest with this kind of project that already has some dark past which is not praised worthy.

 I think there is something shady about this sudden price increase, which isn't the token burn as some people claim, but something else altogether. It appears that a new trap is about to be set up, so I hope that everyone makes it out of there before it collapses again.
The death of the old Luna caused a lot of pain and loss to those who had invested their entire fortune in it and now it's sad that people still can't come to their senses, still rushing in with Luna again.

Either manipulation for a quick buck or just a random coincidence of a group of people taking an insane chance.

The risk you take being involved in the crypto world is usually already higher than what you deal with in the fiat world. If you want zero risks then go invest into savings account on your bank. However, I agree that taking that extra risk is not a logical thing to do, why would anyone take that extra risk and invest into some "hidden gem" that will probably stay hidden and not go up?

If you are buying bitcoin, ethereum and other big names like that, then you are doing the right thing, that's already riskier than bank account, or even stock market, but at least it is trusted enough that you will do fine with it and that's what I am hoping for in this case as well.

Being FOMOed at projects that lose the trust of their community is a bad way to invest your money. There are many speculations on what are happening behind the scene but thinking about putting money in it to take advantage is a bad move. Remember that their foundations have been ruined a one move of a whale can make a deep red sharp spike in it's chart. I'll just be happy in considering it as a waste of opportunity that taking a chance on it. 

With just the right amount of marketing and hype you can actually do this easily. I've been hearing about Luna a few weeks back before it started its move. A lot of people have also been pointing out some random patterns which obviously have no meaning whatsoever  to be a sign of a reversal, and a huge one at that. Whoever started that talk is a marketing genius. Those random patterns about Luna's market movement was spread through word of mouth and now here we are.

That is why crypto is very difficult to predict, who could have predicted that Terra Luna Classic and Voyager will thrive well in this bearish market, these are hidden goldmine, fortunately some investors got interested in those coins and invested in them consequently their  prices increases, hodlers of those coins will also earn decent Profits, Research will help a lot of investors to channel their funds to viable and reliable projects whose viability for a long term perspective will be guaranteed.

This is just beating the dead horse.  Just a pump and dump strategy by big holders if not the dev.  There is still a big concern on the developer side here.  They are still wanted by the law.  If proven guilty this LUNA project will be just the history of the past.

Anyway, if there is someone who can bring the valid reason why this coin is pumping then I would change my mind about the current surge as a pump and dump scheme to milk the unwary investors of their money.

News is what the market is waiting for and is a good vitamin consumption to increase or decrease the value of a token. For the Luna Classic case, it looks crazy, it can rise now, but that's because there is optimism in the community due to the latest LUNA developer update which can be checked on twitter

We can say this is just another twist and turn in the cryptocurrency industry...which is actually so known to have produced so many well unexpected things...but also to have gotten into many shocking developments including what happened then to LUNA with its founder. Now, some people can really be so exotic in their decisions...with many just following the trends without looking if they are getting into something which I already considered as a thrash...or maybe they are just here to be making some fast moolah and nothing more.

Topics about Luna that I see are being generated a lot and people are talking about it suddenly increasing in price, showing that people are still interested in the coin is huge. Many of Luna's former investors still think it can come back, some are trying to make a profit because they believe they will have a pump after the price drops a thousand times.
People have not learned any lessons from the past, greed is still controlling people and I fear what you fear will happen again. It will crash and people will continue to lose money because of Luna.

The pump is just driven by the hype of its community. Many believe that the 1.2% tax burn proposal on LUNC will send the price flying so many people are buying it thinking that it could even reach $1. They don't realize that it is not finalized yet and CEX only announced that they will support the proposal incase it will be approved. Same as voyager, it also went parabolic because of its established community. With how low its price went, it's very easy to pump and dump it. Crypto enthusiasts just see those coins as shitcoins now. Everyone wants profit in crypto so when there is an opportunity to earn, people just ride the wave to take advantage of the hype.

Some manipulative move by big bag holders. Careful with this kind of movements, it could be a trap just like other members said.
The chances are they are trying to get out by pumping a coin. Behind this could be those investors that have lost a lot of money due to Terra's failure.
Where would it be best to take back that lost capital, yes at the same platform where they are used at.
If it becomes a hype and the price keeps pumping, they will not even doubt to sell it all in just a short amount of time.

Today there was a large pump that made many Altcoins also skyrocketed, ETH has reached $ 1800 and I'm sure next week has reached $ 2000, this is the beginning of the bull run so I suggest to continue buying potential coins.

Good point. I completely forgot and didn't thought about Price Manipulation for once all this time. and was very happy that LUNC has got momentium again. because of new Burn mechenism. but now after thinking and checking the charts.
I am also thinking that it was all just a price manipulation, Now lets see how this unfolds.

Not news alone but it's one of the factors for the ups and downs of the cryptos. Take note that it must be a real news and not only a rumor but investors are crazy if they believe instantly without verifying if the rumors are real or not. Anyway, the effect is still positive because the price had rise but this shouldn't last longer if there won't be really a tax burning that will happen regularly.

You already state a reason on why luna classic is rising but what about the other coin called voyager? Never heard of this coin before but I think this coin is not worst as lunc so I am not offended if the coin is rising. Maybe they deserve it because they did something well.

Because of the community. Go to the their reddit thread and you will see everyone saying "to the moon" and lots of bullshit reason why the price will go to $1 or $0.01 (which is almost impossible). Everyone is shilling and people are FOMOing. They recently announced burning mechanism, so people are hyped and investing in Luna classic. But most of them don't realize that enough won't be burn in few years for the price to reach $1. Most of the transactions and trading are done through centralized exchange. So no burning will take place because of offchain transactions. Do you really think a coin that literally has no utility is going to stay at the top 50?

The power of the name LUNA has not disappeared and they still often echo the name LUNA. moreover this may be manipulation of the project so that it seems as if this will work and skyrocket again. And most likely their target is new investors, I believe if they are old investors they will choose not to buy again and just want to get a chance to sell the coin at a high price, then leave it. I'm not sure there are still truly loyal investors. And in the end, the new investors are the victims, and they don't know whether this project will really continue to grow or is just a pump and dump.

It is such a shame that people let themselves be blinded by their almost limitless greed, just a few months ago on that subreddit the moderators had to close it because the kind of posts that were being created where all about how people were desperate and how some of them were even making attempts against their own lives, and just a few months later those very same people are hyping a coin they know cannot possibly sustain that kind of growth for the long term.

I agree. That's crazy. This is what makes me amazed by the crypto world. It's really unpredictable. I mean how a problematic project could thrive after its downfall? Everything has two blades of knives. I mean, those who can see the chances can get profits from this anomaly but there are many unfortunate people who got rekt from the last event. Is it healthy? I don't think so. New people who jump in should really spare some time to make research and not learn hard from their bad experiences. I hope from time to time more beginners are aware of this. Let's end the dump and pump era, an era of searching the new victims from people who lack knowledge about the crypto world. Let's educate as many people as we can from now on.

Easy way to attract new people to look good but some people can be fooled by all that. so sometimes the things you have to do you should analyze more carefully in the future.

this kind of project which has a dark past lost the trust of the community, trying to be pumped to get it back, but everyone will never fall into the same hole, so better find another better coin to invest

It is incredible to me why such a simple concept is so difficult for some people to understand, despite the amazing technology that is the blockchain at the end of the day if a currency doesn't have the trust of the community then that coin will never become successful, many people trusted in the developers of Luna and thought they were honest people working hard to make the project a success, only to find out this was not true and they were only interested in benefiting themselves, so the community doesn't trust them anymore regardless of what they say, and this will eliminate any possibility of that coin fully recovering.

I'm not sure the LUNA community left the project. we recently saw how Luna and the Lunc also make pumps. many do not believe in the market situation. nevertheless, we watched it grow.
indeed the return made will not be as good as it used to be. but gradually they started to rebuild their market and community. whether the pump that happened was done by the team themselves or if a big investor was coming in. what is clear is that the LUNA and LUNC markets have rebounded.
because something bad has happened to this project, if you want to join I think you have to think about the risks. Of course, it's not easy to believe it anymore, but most of the people in the market still trade the asset.

It's going to be cyclical I guess, there could be some individual who think that they can make a lot of money still at Terra's expense that's why it keeps on pumping, and in the last 24 hours, despite the market is bleeding, it gain at least a decent 10% gain. But nevertheless, they are still very far from the price that they want it to be. So maybe it will continue to pump by some individuals or we might see some corrections, sort of taking a break, getting their profits and then continue with their pump and dump scheme. But for us, we are done with the people behind because they have lost their reputation already.

If they actually use this pump to try to win back the community's trust that's a good thing and proves that they weren't the masterminds of the last crash. But I suspect that this is not a pump to regain people's trust, but rather a manoeuvre to create a big hype to help them further their interests. This is a trap they want to keep people from falling into.
I hope people will be more aware of what they are doing and not continue to be the second victims of those scammers.

You surprised? Because I've seen many of it already :).

I'm not familiar with Voyager unfortunately but Terra Luna Classic has been listed on Binance and it has many users. This is I think one reason why people are still opting to buy this coin or there are some traders who are just trading this coin and they aren't thinking of its long term. On the other hand, Terra Luna (their new coin) jumped from near $2 to as high as $6.7 in only a few days and now it's at near $4.

You can call Terra Luna Classic as a flop project and it really is and for sure many are hating Do Kwon because of what happened, but you can't change the fact that there are still some people who are trusting him for whatever reasons and still chooses to invest into his project. Some investors really in crypto are very ignorant TBH :D.

All investors know how risky investing in luna. But many investors invest with the intention of profiting on short-term hype. Whenever Luna was on hype, the value increased by more than 50 percent for several days in a row. Now it has gone down again. Luna has lost about 21 percent today and is likely to go lower. Originally this hype was done on Luna burning news. But based on that news, is it possible to stabilize the current price of luna? Which may possible in a bull market but not in bear market.

It's because many people have suffered losses from investing in their projects that those people or investors don't want to have the same experience as before. But make no mistake, it seems that there are still people who do not understand the problems that the project has faced and continue to invest even though they do not know whether they will be able to make a profit. Time will tell. Meanwhile, we better look for other coins with a greater chance of making a profit.

Even though these projects have failed and crashed before, the people behind them made tons of profit over common investors. It allows them to spare a lot of 'ammo' pumping their own projects once again in an attempt to create a new hype or show the market they are still competitive, so other investors will buy their tokens once more and keep pushing the price upside.

It's a kind of manipulative or speculative movement to gain momentum in crypto market. Investors must be aware, though, that it's an artificial fluctuation which may not correspond to the currently natural feeling and tendency of the market as a whole.