Bitcoin Forum

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?

Neither of them.
People that will buy and trade them have one purpose and that's to take the moment while there's a huge volume and liqudity for both tokens. But eventually, if you're thinking of long term with them, that's the bigger question because most likely everyone is going to dispose them and ignore after the hype's gone and they're all done. Should you buy it, be careful of what you're doing because you don't know if the trading goes back for it, everyone is going to act very fast for their own gains and positions.

Speculating on the original is fine just understand there are 6 trillion tokens out there so it will never be worth more than a satoshi or two. Avoid the new one entirely because it is an attempt to bail out the owners of the original coin at your expense. As soon as you put a dollar in, they'll pull a dollar out hoping to recoup a few percent of their original investment. Trust me you don't want to be the guy supply capital to a dead coin.

It will not worth anymore to hodl LUNC. The airdrop will give free money for people. If you will be owning both and im sure that if you are also aware about this too. LUNA 2.0 will not the same like what happened with the first luna during its peak performance.
LUNA 2.0 will get less trust from the investors and mostly of big companies will never trust this developer who develop luna again. There will be a massive change to happen with the new luna.

No body could tell what will be the fate of these two coins. It can be the next ETH and ETC, may be LUNA 2.0 would reach $100 again just like before or maybe people who previously invested on it will completely leave it. For sure all investors who got REKT or liquidated from the previous crash would curse this coin and promise themselves not to invest again in LUNA.

Probably the value of LUNC will surely plummet really hard after the availability of trading of new LUNA on exchange. I don't know what would be the purpose of LUNC since there is already a new one so there is also a probability that they will dispose of it, or use it as cash milking since they will also take advantage of it.

And, I think that new investors will buy this new Luna 2.0 to take advantage of the market since a lot of old investors/holders will dump their LUNC and LUNA after the airdrop.

It is very difficult for Luna to gain trust in the future, many people have lost such great assets on this coin before, it is better to find another, more powerful coin, than trying to buy back this coin, of the many coins I have observed, almost none of the new coins can strengthen again after such a low price drop, so be careful if you want to buy back the luna 2.0 coin

no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.

There is one thing that I have come to understand in the crypto space, once you fucked up the trust that investors have in your project it's the end, in crypto space investors trusts isn't something you can joke with and later try to build again, it's never going to work.

I'm not sure the feedback from Binance and other exchanges only supports updating of new Luna coins, so not to support internal development of new Luna projects but as exchanges it might be normal to re-listed trades after changes to blockchain or smart contracts.

I don't hold Luna myself and i also never held any Luna so i don't follow the development of that project that closely, but of course i am also aware of the event that happened with Luna and UST, where the stablecoin could not hold it's price which caused people to start panic selling which made things even worse of course and started a downward spiral that could not be stopped.
As far as i know Luna Classic stays the same as it was before so i doubt that i will gain significant value again. Luna 2 tries to improve on the stablecoin algorithm but of course everyone still associates Luna 2 with the classic Luna which is a bad thing because of what happened.

I share the same opinion, in Cryptocurrency there is no such thing as a second chance, Do Kwon is doing this to salvage his tarnished reputation, not for investors to regain their investors, which is unlikely to happen, no way they can get their all-time high again, best for him is to take a back seat and someone who is more worthy of trust to run the project, people hate to see Do Kwon on media he is a scourge in the community.

I agree with you,,,, even if there is feedback from binance it's just support for updating coins, but it depends on how the LUNA development team responds, but I think luna is difficult to make coin renewals because of trust users and investors have lost to LUNA even though changes have been made.

whatever it is I will not believe it and will not return to investing with Luna, now I have resigned myself to the loss of my money because of Luna, but I am very optimistic that if the crypto market recovers then my lost money will be returned by Ethereum, Binance, Solana and polygon (MATIC), because right now I'm still holding the its coin,

IMO, any coin or token coming from former LUNA/UST is a risk to invest in. What is the assurance that what happened will not repeat itself? I think peoples trust on LUNA ecosystem has been seriously eroded. It will take years to rebuild the trust. While they may be conducting airdrop, people are only seizing the opportunity to grab the tokens and will likely sell off quickly when opportuned. It will no longer be the same. To a some extent, the image of the Luna team as well as the founder, Do Kwon, has also been dented. People may need to take precaution in projects the team members are involved in.

For the time being I'm not interested in the changes that are happening to Terra Luna, whether there's a token based on LUNA version 2.0, for the time being I'm only focusing on coins that have bright potential and prospects such as Ethereum, Binance, Solana, Polkadot and matic, because I think the coin has a great chance of being able to return the money I lost when I invested in Terra Luna some time ago.

The opportunity for Luna to strengthen again is definitely there, as long as they take different steps and developments, indeed if you look further, Luna finds it difficult to restore people's trust in investing in them, but if this can be developed properly, then that understanding will disappear by itself and I believe if this is done, then people's beliefs can change with the evidence they produce

SHIT vs SHIT v2.0

Anybody still falls for this scam, he/she deserves to lose all his/her money.

I remember what Bitfinex did when they got "hacked" and lost a few hundred million dollars. They came up with a token which was based on the missing dollars of Bitfinex. In other words, they tokenized their debt. What LUNA team is doing is pretty similar. Anybody buys this crap is donating their hard earned dollars to the whales.

too hard to go back 100$ for LUNC born again from luna. if measured by speculation reaching 100$, the volume exploded could exceed bitcoin, maybe if they burned LUNC tokens up to 90% it could be their new coin soaring high. on the other hand it is very difficult to move the LUNC coin to become a coin that people like, it could be otherwise no one likes it like it used to. because it has disappointed many investors.

LUNC total supply in circulation is up 15000x from circulation prior to de-peg, so 90% reduction would not do much, 99,99% burn is needed to get back on the beginning, and that would not happen
nevertheless, is this LUNC chain dead from tomorrow, or it will have some purpose, not sure from what I can hear from Terraform Labs

what is interesting is that Terraform should be excluded from the airdrop, so LUNA is becoming community chain after all, and will be interesting to watch from sidelines what will happen with it

LUNA 2.0 will never be trusted by anyone.  It's an obvious ponzi scheme that blew up and now they're trying to make a ponzi scheme from the ashes in hopes that some people are able to get back some of the funds they lost.

The funny thing about the LUNA situation is that it opened people's eyes to HEX being the same sort of scam and we get to watch that implode in slow motion now.

Well Binance is the top exchange in the cryptoqurrency industry but that doesn't mean you think that the coins listed there can last long. I still remember when the big dump happened to LUNA and it didn't take long for Binance to kick LUNA off the list, and even some other big exchanges did the same.
to be honest I also have LUNA coins, but I'm not sure that the selling value of the LUNA 2.0 version of the coin can restore the price back. moreover, the supply of LUNA 2.0 Coins is more than the previous LUNA supply.

As Luna seeks to pick itself up following the massive Luna crypto crash. I think, It’s just a price recovery plan. I am not sure it will make the old LUNA investors fulfil.

This is the survival game of the Terra team and it would be interesting to watch if it would result into a revived and much-improved crypto platform gaining back the trust, confidence and approval of the people it is serving. As for me, I can only wish everybody the best for the very sake of the people who staked and trusted on Terra's viability. And I am hoping that we will never have a similar story to unfold within this year...a story of this magnitude that shook the whole industry should only happen once a year. Now, is Luna 2.0 worth it all? I can only speak for myself and the answer is a big NO but surely many people can still make some big money out of this debacle.

Between the benefits and risks they bring, you can really feel it, I am not too for them or against them, but I am not risky with the investment. Of course, the moment it dropped in price too deep beyond the TOP1000 on coingeko, I also bought a few for myself and made some money, but it was not an investment as it was just a game of chance. And now that I see them trying to recover it, I don't mind too much. Everyone will have different thoughts on it for more profit or more loss.

idk people will trust that much easier on this particular currency. Nope not me for sure

I think exchanges have nothing to do with luna's growth and resilience. The exchanges that re-list the luna partly support investors who can convert to the new luna for trading and exchange, and partly they are the middlemen who enjoy the transaction fees when the transaction occurs. This can be seen as an attempt to support the old investors who lost in the collapse of the old luna.

The basic concept in the development of luna is not very convincing, they grow in a short time, after that it sinks so fast, experienced investors don't trust these kinds of coins, because they are influenced by the running hype, on the contrary what luna has to do is restore people's trust For the future, it looks difficult this can be done thoroughly, because Luna has been so bloody in the market

Just because exchanges got a positive approach to it doesn't mean that it will be a good one. I want to help you and protect your money and I have to say that do not put any of your money in there. If you are going to get some free money from the snapshot right into your account then good for you, sell it right away and do not hold it.

If a project did something and failed, repeating the same thing will not recover anything at all. This project used to worth billions and billions of dollars, doing it all over again will not make it a lot better and it will be a big failure once again. Protect yourself please, and do not put even a single dollar in it.

https://medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837
Terra 2.0 — LUNA Airdrop Calculation Logic
"As part of the transition to Terra 2.0, new LUNA coins will be airdropped to LUNA (now called LUNC), UST (now called USTC), and aUST holders based on the two snapshots outlined in the Terra Ecosystem Revival Plan."

for me no one is worth it . ! Me as a investors ilost lot of money in luna old , now v2 has come icant trust the team process right now. Ithink no one of them is worth it.

I think it will be very difficult for LUNA 2.0 to gain the trust of any party because LUNA 2.0 is also based on the old LUNA with ticker changes in the market, so investors will think twice before buying LUNA 2.0 or what is known as LUNC. I'm personally still very lucky to have never bought a LUNA in the past or before the dump happened to it, and for now don't plan on buying a LUNC either.

This is not different from other projects that came down and tried to remake it while investors remained holding their coin expecting for it to come back and sell it at a price near where they bought it. That's all that will happen here and that fact should be considered before buying it.
Expect a big dump if this will be successful and they gained demand. Because those who are left will have no regrets at selling the full amount to get out.
That's the risk I can see for now and also the low trust rating.

This is only exit liquidity plan. UST holders are dumping their new luna to exit from the market. There was a new came from taiwan if someone already committed to suicide caused by he was losing 2 milllions investment from luna. https://www.taiwannews.com.tw/en/news/4551502

This is also confirming that majority of holders are not feeling satisfied with it. UST holders are the most damaged investors in this case must use the new luna as exit liquidity or they will never get anything back from what they have invested.

Any of them isn't worth our trust anymore. We've seen how they handled LUNA so I think the same thing will just happen with their LUNA 2.0. Luna has ruined the trust of huge investors, especially those who lose a lot in it. I guess they have to do something about Luna first then leave it and try their luck again on their new coin.

I had UST coins stored on my Leap Wallet wallet before the dump. But currently the wallet is not loaded and I cannot check its contents and the amount of airdrop accrued. Has anyone received an airdrop that was credited to UST holders on coins stored outside exchanges?

these both coins are doomed to lose its value in the future because the team behind them are just having really bad reputation right now.
lets be frank here, they have caused so many holders loses their potential savings and that incurred loses of billions of dollars in just short amount of time,
if you think most of us aren't gonna learn from that mistake, maybe, there is always someone that think luna could regain its past ATH, frankly though after the release of the new luna, it just gonna fall in value and that's it.
having the same support as was luna in the past are definitely something that could be miraculous for them.

Yes we certainly hoped Luna 2.0 would create a much brighter future for the market and create a way for everyone to get back their lost assets.But the way the Luna 2.0 market is going to be dumping, it seems that people have not regained any confidence in it.We can see from tomorrow that the market is just dumping. We can see from tomorrow that the market is just dumping and we don't see any possibility of it rising.

It will never worth to hodl. LUNAC already dumped so hard again and new lUNA was only a way to recover some lose. This is become another shitty from day to the another day. The day for people to expect to recover their money already gone. People are too stupid to believe if this will recover again soon. No hope for both. People are seeing it as a garbage coins for now. If do kwon will be repeating again to create the new token and yeah both are dead for now.

People didn't even care with their money. they only care about how to make fast money and they will be regretting it once they will be loosing all of their investment and life saving. I don't even know what people think about that by using their life to bet into the shitty coin like this. They are so stupid. Look at how people are trapped at the peak price of luna 2

Well, the potential of multiplying their earnings by the thousand or tens of thousand folds are irresistible to many.

Then there are those that purchased LUNC at its lowest point and made bank as well.

Luna is a good opportunity to get a big profit, I invest about $ 150 a few days ago but now it still loses around 25%, but I will continue to hold because I'm sure Terrra immediately risper again and this year I am sure at least I can rise 10x.

I think the original LUNA at this time is LUNA v2 because only LUNA v2 is currently being really developed by the Terra LUNA team. Talking about the return of investor confidence, I think it is very difficult, of course there will be some investors who have been traumatized by the old version of LUNA. But I see the Terra LUNA team have a good effort to get back their investors just how they corrected all their previous mistakes I think investors will be able to put their trust again.

lol you are kidding right ? peoples lost millions of $ in LUNA and UST SCAM and you think they will simply get back and invest again even the
investors who never invest in this project won't trust those scammers

If currently available LUNA 2.0 then I believe later LUNC is no longer worth it, because it will be very risky to hold the old one because the presence of LUNA 2.0 will be a new change, if nati can again attract investors then luna will only return to reach 100$, although all this takes time but the achievement will definitely happen if they can again get the trust of investors then this will be easily realized.

I am with you here. I don't think new investors will trust easily on this new version. Maybe, for those old holders, they will stick to the project for the hope that they can recover some of their losses. But new ones, I don't think so. They are just trying to save face because of this crash. It would take time before investors will trust on this team. I don't know if they can truly recover from this failure. They have ruined a lot of lives because of the deception. Just remember last March, they are telling that they will buy more bitcoin but couple of months, they crashed. I think they knew about this situation before it happened.

It is not easy to regain the trust of investors who have been disappointed because the original LUNA has been destroyed. Some investors must be traumatized to re-invest in LUNA even though they return to investing but it does not rule out that only a few believe the rest may leave cryptocurrency completely. The worst thing about all cryptocurrency projects is that there are those who commit suicide because of LUNA losses. It has proven how traumatized people are to LUNA.

There is no certainty that the Terra team is working hard to correct their mistakes. The release of Lunav2.0 and the airdrop to investors is just an act of reassurance to the Luna community, otherwise they will soon be entangled in government investigations.
The Luna 2.0 airdrop also cannot help investors fully recover the previously lost money, it is only a very small amount, I don't think investors will continue to put their faith in Luna when they've lost so much.

Luna 2.0 have caused serious suspicion in the market, anyone holding Lunc will be automatically dump as much attention is being focused on 2.0 lastly after the airdrop there will be another big dump from people to gain back their lost fund from the previous dump. Before buy acquiring 2.0 should a bit wait and study carefully before jumping into the market at the wrong time.

Honestly, I can't understand why there should be Luna v2, can this move restore the confidence of big investors? This is still a doubt in my mind. Even if I end up investing here, I don't think it's a lot of money. I still have to see the overall development, lest I suffer losses in the same project.

The price is not as expected since yesterday's trade, a lot of people were disappointed and lost because of this one LUNA coin and maybe now many people don't believe in LUNA and the presence of LUNA 02

it is already being abandoned by its holders, you can see that majority of the LUNC holders are just waiting for the distribution of the new luna and then ditch the luna classic since it's just shitcoin at this point.
regardless though the new LUNA with its relatively low supply still couldn't give a great recovery after all it's all vested, imagine being a victim of a platform mistake and then your reimbursement in form of vested altcoins and also the value of that coin is still fluctuates a lot that you don't even know if your new luna holding could ever get you to the point of recovery.

I think that the presence of LUNA 2.0 still will not be able to restore the confidence of investors and previous luna holders, maybe this is an effort or goodwill from the luna project developer to be able to return the money of its holder who recently suffered a big loss because of LUNA, but whatever I personally will not choose Luna 2.0 as a replacement for Terra Luna before it.

Those who have lost their capital by investing in Luna Coins will never be able to get it back. Doesn't matter what they say they are allocating for them as airdrop but that is small. Moreover, they will never be able to regain the confidence of the investors by causing such a big fall. I don't think there will be any change in what the team does. Lack of trust and confidence are the cause of falling down the project.

How can we say this is good intentions when they cannot run what kind of projects are promised where the role of collateral in stablecoin, we can say they are professional if they are willing to compensate for stablecoin because the value is fixed. Anyone who trades in Lunav2 are those who want to cover the loss then leave, community trust has been lost. I think Luna is just waiting for the destruction for the second time.

That's what makes their trust disappear and investors are now starting to get nervous even though the Luna v2 token has been released and brought to the market with the vesting provided it will not make the price grow, but indeed we have to see in the future whether this will continue to try to fight the market current or it begins to decline over time due to a lack of trust.
But I have not put any more money on the Do Kwon project, you could say they failed to keep the coins.

I don't think so. Terra's reputation has been severely damaged as investors lost a lot of money overnight. Not even launching a new chain will help, especially if it's carrying the same tainted brand/name which is Terra. What the team should've done is just burn LUNA tokens (now LUNC) and change the project's name in order to bring back investor's confidence. But they've decided to launch a new chain, greatly rejecting the community's desire to make the project prosper in the long run.

I'd be surprised if LUNA 2.0 turns out to be a huge success after what the original project's been through. For now, let's focus on other projects which hold better promise to change crypto/Blockchain tech for the better. Just my thoughts ;D

Nobody can say for sure how the market is going to react to the latest development in Luna or LUNC whatever it is called now. Trust has been destroyed and alot of investors capital affected too on this. It is one thing not to trust a new project because you do not know what it has to offer and another thing to trust a project that was once attractive but later dumped. This is what Luna is facing now. It will take alot for investors to risk capital on it now. Or they will invest as little as they will not be scared to lose.

It seems that there are still a lot of people who don't believe in Luna anymore on the basis of what happened to the previous version of Luna, this is one of the triggers and causes most people to lose their trust in Luna, even though now there is a new version, to be precise, Terra LUNA 2.0, but some people say the presence of Luna in this latest version will restore all errors that occurred in the previous version and this is one of the biggest hopes for heavy holders of Terra Luna.

And here I can't conclude that the latest version of TerraLUNA will be superior to the previous TerraLUNA, maybe TerraLUNA in this version and the team behind this latest TerraLUNA will make LUNA move to good numbers, and get a good rating or award, although not as perfect coins that have been categorized as very superior coins to trade.

It is possible that this version of LUNA will be better than the previous LUNA version, and this is a hope for investors and hope for TerraLUNA holders.

I think both are coins or trash tokens, until now the new LUNA does not have the power to return to the way it used to be, LUNA previously touched a price of around $117 and so far there is no sign of returning to such an expensive price, because maybe investors and whales have been too disappointed with the founders of luna to finally be reluctant to put their money in luna again.

I totally agree with you that LUNA has lost everything at this time because it has been abandoned, and it is very difficult to grow again because the developer has left it, besides that the price is almost close to zero and I think it is very risky  if you want to invest with LUNA today,

You are too sure that Luna can recover the losses you have experienced at this time, but I personally am not too sure about it because if we look at it even though the current developer of the Luna project has launched Luna v2 and is trying to recover the losses suffered by investors but so far there is no sign -a positive sign for investors to trust the project again, at the initial listing of Luna v2 on the KuCoin exchange the price touched the level of $11 but only lasted for a short time, indicating that investors no longer believe in the project.

Yes indeed, DoKwon has lost all his credibility and he is a clown now for me too. It's hard to believe there is so much support for luna v2 after what happened with v1. DoKwon is nothing but an arrogant and egoistic brat who laughs when other project fails but can't take the responsibility and lead from the front when his created toens get attacked.

I held my tokens on trustwallet and I checked on terra money finder and it shows that my address has indeed got the airdrop luna tokens but I can only access them using terra station by connecting wallet.

Make people loosing their money has the same meant like when you are making people to lose their life. People needs money anytime to pay their monthly bills, various needs and many more.
So when they are loosing their money and they will be so mad caused by they were loosing something that can make them to fulfill their daily needs.
I know how people are so fast loosing their trust to this project. It's not only caused by poor mechanism but they are also loosing their life right now.

Today I found Lana and Luna (invested) coins on my Leap Wallet account. It is not clear on what principle they were accrued, since previously I had no Luna coins on my wallet. Before the dump, only UST stablecoins were on the wallet, which are now missing.

I saw Luna 2.0 listed on the Binance exchange today and it was opened with prices, it seems to me that it is coming to investors again and again, so I stay away. I don't think there will be much difference between Luna and Luna 2.0 and it will soon disappear from the market. A great opportunity for investors who don't care about their money, for those who want to gamble  ;D

Do not bother with either of them as both are trash that are worth nothing, if they still hold any value it is just because speculators find the volatility appealing and they want to take advantage of it.

So as long as the coins have enough volume some people are willing to trade it back and forth among themselves and see who can outsmart the other, but I recommend that you stay out of the trading pairs of both coins out of principle as there are people that lost a massive amount of money because of luna.

It seems to me that people will not trust this currency so easily. It's not for me for sure. Guys, why aren't you looking towards the NFT? I'm sure the NFT has huge potential soon. I recently found a good NFT project "Reptile Chronicles", they have such great arts and novels. I think the project will be successful and profitable. Have you heard about this project? What do you think about that?

Kwon's new development on Luna is a bit fantastic. Investors who invested early in the project are in massive Profits by now while the ones that enter late losses most of their money. The new Luna 2.0 have a good roadmap and it will explore in the nearest future but the old Luna is a dump one. It got delisted from Binance and USDT trading pair. Gamblers are happy enough to hop in the project of the new Luna classic, but I don't think the coin will make bullish moves in the coming weeks, rather it will dump on investors and gamblers in the market.

What happened to LUNA is one of the biggest disasters in the cryptocurrency market. As for me, Do Kwon should burn with shame and disappear from the cryptocurrency market forever. People lost hundreds of millions of dollars because of him, so in my opinion it is impossible to recover confidence in this situation. Someone who will invest in LUNA 2.0 is either insane or a sado masochist.

They already lost their reputation and I don't think it will be possible to earn their trust again, Luna really fucked up, people were expecting lots of money as airdrop but they endup sharing just little amount of money to people, people lost millions of dollars but they endup sending just little amount to people and I believe nobody will want to trust Luna again after losing huge amount of money to the coin.

https://terrarity.io/luna-airdrop
The new Luna coins were also distributed to UST stablecoin holders who were in balance before the attack and after the attack.

___
https://www.nansen.ai/research/on-chain-forensics-demystifying-terrausd-de-peg
On-Chain Forensics: Demystifying TerraUSD De-peg

Even if the team stated that they have Airdropped some Luna 2.0 to the first luna holders address in order to compensate them for their loss, I don't believe investors will have complete faith in this newly launched luna 2.0. Even still, no one will trust the project again since some investors will continue to believe that something similar will occur again.

well, it is a very difficult thing, even now the UST is still not being restored. so much loss to the people who held Luna and UST in the past. when they try to compensate for all that, I think that these people will immediately sell their assets without a second thought.
Even though LUNA 2.0 is currently still trying to be supported, I think it will be very difficult to return to its heyday. In fact, I think people investing right now are just taking advantage of the dumps and pumps that have occurred, and have no intention of holding back in the long term. however, this is too risky.

Investors are quite skeptical of Terra/LUNA, especially with the crash which happened around two weeks ago. The team didn't do anything to restore the original cryptocurrency's price before, so what makes you think the new cryptocurrency will become a huge success in the long term? The Terra brand/name is already tainted, so a re-branding would be the only option to help attract large amounts of money into the project. Things look pretty bleak for both Terra Classic and Terra right now, so I'd stay away from them in order to avoid any undesired loses. Just my thoughts ;D

I don't have much hope from either LUNC or LUNA 2 but at least the new token has a much lower total supply and most of the tokens will be locked for 2 years which means there should be some value for these new tokens airdropped to the LUNC and UST holders

I am not going to buy any of the two tokens with my money but yes the tokens I have received for being a LUNC holder, I will hold those tokens for months and not going to sell them for under $50 or even $100. People who dumped for $5-10 are just wasting their last chance to probably make some money because let's be honest it's not that you can make up for the loss in LUNC with the small number of LUNA 2 tokens you have.

I think the same, they lost their reputation and I am not sure why they are decided to go with Luna 2.0!? Do they have investors? Are people so crazy to think about it after Luna's fiasco?!

Why to even bother with thinking about Luna?! In my opinion, people should just stay away from this! Why risk anything with them? They showed what they can do, basically nothing, probably the same thing will happen with Luna 2.0, it's just a question of time!

Anything related to the name Terra is advised not to be approached in investing, it doesn't matter for new luna and classic luna because both are the same which only harms many investors, I stopped following terra developments because I didn't want to read fake news that triggered an increase in the price of Luna coins.

They were not fully compensated and there are also ration based on how many UST already hodlt by investors compared with how many luna token will be fully received by investors. So many times investors are in demand to refund it through another stable token instead of received the new token. This time investors have been loosing a lot. People lose their trust to this crypto. Im sure that if investors aware about how risky investing in the new luna as well.

No, it is not worth it. Of course, it is not. How could it be worth it when things have already crumbled down for Terra (LUNA)? That LUNA 2.0 is but a bandaid solution to the problem. It hasn't really made everything right. That LUNA 2.0 is nothing compared to the lost value of LUNA of many of Terra's investors. If I received LUNA 2.0 airdrop, I would immediately sell them while there are still buyers. It's just a matter of time before that too would fall.

https://i.imgur.com/CFaHpaS.jpg
https://twitter.com/devchart/status/1530904291770109952/photo/1

Trade either LUNC or LUNA for short term profits would be good but holding them for the long run? Nahhhh I'd rather invest into other tokens.

Regain trust? Whenever I see projects that are ending up like this or the like, most of them time they end up at the bottom and didn't recover anymore. I just don't know why the developers have the balls to make another blockchain project after what happened to their previous one.

I'm not saying that what happened in their past project will be the same in their current one but it happened already so there are doubts to the investors and thinking that "What if it will happen again?" etc. After all whether it is LUNA, LUNC or any project under Do Kwon, I will not invest into it.

Any project related to Do Kown will be a red flag as many investors are already frustrated with Luna coin investment, Do Kwon cannot prove the recovery of the new Luna coin price and in the future he may go into hiding if investors losses cannot be recovered until the end of this year.

I dont think it will gain trust again whtever it is doing like airdrop and bla bla every real investors got rekt because of this project now whoever is trading on this platform is only small investors for gain something big but no one agree to holding this for long time just took their profit from this project.

I think it's still not certain, because everything is still unclear, and maybe most people hope that Luna returns to her position

It is clear that big investors will no longer believe in LUNA, and whatever LUNA is building, because the bad things that happened to LUNA are things that are hard to forget for all investors and traders at this time so as to gain more trust from investors and traders. merchants will obviously be very difficult for LUNA's side because they still can't forget what happened to LUNA.

I think LUNA already lost their trust, so many investors become  poor. So, old investors will never go with LUNA. And i think you will regret if holding LUNA for the long term. Some big exchanges listed LUNA 2.0 that doesn't means we have to trust it again. I sold out my LUNA and will never buy it again. 

yeah it's just for anyone that trying to gamble their money, there is nothing more to it, even frankly there are many that holds the luna classic instead thinking that they got nothing to lose and also it couldn't go any lower than the current luna classic valuation.
so basically there isn't much you can get from holding either the new LUNA and the LUNA CLASSIC because both are just the same shitcoins right now.

Those who have lost everything will never trust the project again.  They would never trust the people behind the project and I think many of the already file a lawsuit against the project developer.  Only those who profited from the crash will stay with Luna.


Exchanges are in for profit.  they will continue to offer their service as long as the Luna project isn't tagged by the authority as fraud.  These exchanges think that it would be a waste they missed on trading fees since Luna had a huge trading volume.

It would be really funny if this kind of thing didn't lose faith, wouldn't it? they are now included in coins that are indeed being ridiculed, is it possible to continue to be used as investment material? i think this is something that will never happen again and they will just be the butt of jokes no matter how many projects they put out

As much as it's holders wanted to defend Luna right now, it's hard because of what it went through months ago. It bring chaos to it's investors, resulting to billions being wipe out in just a couple of days.

Now, they come up with a new plan, LUNA 2.0, but I don't think it will prosper as expected. On the contrary, it could have been worst specially now that we are in a bear market and shitcoins are not going to increase because of the worsening conditions.

I think that no one will trust the developers from LUNA anymore. Even though there are people who buy these tokens, most crypto users will definitely choose to invest in other tokens compared to tokens launched by LUNA developers.

Only traders want to profit from the scalping method to buy Luna for short-term trading, I'm sure there are no investors who choose Luna coins for long-term profits because they believe they will surely become investment victims like investors on Luna coins before.

A lot of investors are frustrated on Luna because they have lost a lot of money after all, wherein like a blink of an eye. So i don't think they can regain trust even they built new version because surely it still not a good idea to trust again especially for those disappointed enthusiast who rely in it for more than years and received a bad results after all. Its impossible!

When there is no more trust from investors then the price pumps because some whales want to recover losses, so we have to be careful to invest in Luna in new or old coins, I prefer investing in other altcoins than frustration from Luna's future losses.

I think Luna Coin can never be trusted because Luna Coin has deliberately cheated.  The owner of Luna Coin deliberately cheated and was helped by Binance

Not for the speculators of luna token. The speculators keep buying and they do believe if luna someday will have trillion of marketcap. I would like to call those buyers were so dumb. It can be seen from the daily volume trade of luna and that proves that if this token is still having a very huge demand at this moment. I just wanna try to remind you it the volume means demand for the tokens but yeah they are so dumb

If you are really ready to take risks then at this time you can hold LUNA back, because a big recovery is being made so that the price increase has begun to occur again, and currently binance and several other exchanges want to re-release LUNA which they previously undelited then the confidence of investors I think they will again be able to feel, but this will happen gradually of course.

Both LUNC and LUNA 2.0 is a lost cause now. I don't see any good reason or momentum behind it anymore after the fork for LUNA 2.0. Thinking some rich dude will come up and waste his money to buy and burn LUNC, reduce its supply is a wet dream. While LUNA 2.0 won't able to lure in any more investors since the bad stigma around Do Kwon and his team, of how they manage UST and LUNA when they were losing the peg rate. Lost cause, indeed.

It wasn't a cheat but a failure by the founder of Luna, but anyway he made a plan and created a new coin and a new chain so the team can try all they can to develop Luna 2.0 and attract investors again, I am still one of the people who has not lost hope yet in Terra project and I see that the new Luna will replace the old one and will have an effect in the far future. The investor who wants to take risks can invest in Luna 2.0, but I think it is a good coin in the short term to achieve some returns.

So they finally admit it? At first they only state that there was a problem with their coin and that is the reason why it collapsed but we now know the truth and the bad thing is that binance helped them? Dang, this is bad because many people are now going to hate this exchange.

There was a post made by binance stating they lost millions of dollars due to luna's collapsed, so that means that loss was fake? It was not their own money that they invested but the luna coins were handed out by the luna team for free. Obviously it's not worth it to continue hodling luna as the coin is dead and luna 2.0 will have the same fate. Investors must learn their lesson and should not repeat the same mistakes again.

Luna was flawed from the start and so is Luna 2.0.  To bad so many got scammed and the crypto community got danmaged so much by the Do Kwon fraud. So please stop making new topics about these dead projects.

But people who did DYOR did not invest in Terra.

Yes you are right, only traders will buy LUNA in a short time frame. No investor will trust LUNA in the long term.

It is difficult for luna 2.0 to get a place and opportunity for people to trust again, their position is not in a good condition, so it is difficult to get out of this problem, even if they get trust, then the investment steps taken must be in the short term, because the next stage the development will be very difficult, this is forcing luna to be in the position of a potential coin, but this time it will be very difficult for them to take the trust of big investors

Luna is nothing than a ponzi scheme, I was told a coin can be a ponzi scheme which are pumped and dumped, Luna showed an example. But to be sincere, the old Luna and its fork are still worth billion dollars, they are not yet a dead project but highly risky to invest on.

Traders should be very careful, like me, I will prefer to trade coins like bitcoin, ethereum or binance coin instead of a risky coins like Luna, it does not worth going for at all. The only time worth going for this coin is after a massive bear market.

Yeah mate, I absolutely no point ever going to trust them in the future. Once a dirt bag always a dirt bag. LUNA 2.0 was never going to do effectively, fortunately I pulled out of my assets in Terra before the accident. It's expected that Terra's new LUNA 2.0 token have to lost more value as none can put any trust on their guide. Yes, there are plenty good projects are doing better, more legal and more profitable.

In my honest opinion, it will will be hard for LUNC and LUNA to build trust again to the majority of their community in the old LUNA.
I said it, because as long as the CEO and Founder of LUNA is not resolving the issues and face big problem with it, the trust they
build strong before will not going to be restore for sure 100%. The only thing I can see with it now that most of the traders will only buy LUNC and LUNA for short term not for the long term just like me.

Forget Luna version 1 of the coin, it's garbage that they are still trying to sell. If you want to invest in this dubious coin, then here (https://cryptogeek.info/en/blog/new-luna-listing) you can see the list of exchanges that have listed Luna2.0. I would not recommend investing in Luna and Luna 2.0.