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Author Topic: Will LUNA be recovered ever?  (Read 736 times)
zonefloor
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May 14, 2022, 01:00:30 AM
 #41

In the title, many friends said that their trust in Luna was shaken. I totally agree with these comments. Although he says that the team will evolve their projects in various ways and in different ways, and draw them into action in a different phase, I don't really trust this. Because it is obvious that the project team does not predominantly hold their own luna icons. Or there's no other explanation for that rugpull threw when the project started to decline. No matter what they want to do after this time, they cannot do anything else under their own name within this project. Because people distrust these names. On the other hand, when we look at it, they caught a serious fomo saying that the ad is not good or bad. So it can be anything.
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May 14, 2022, 01:03:45 AM
 #42

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.

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May 14, 2022, 05:38:48 AM
 #43

Luna has no capability left to recover itself from this huge dump all this shows its current statistics, people must admit this truth who are still expecting a miracle with Luna and still investing their hard working money in this shit coin. It's very surprising to see that some people are still supporting this crap although this is not going to bring any benefits for them except loss.
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May 14, 2022, 05:56:51 AM
 #44

Luna has no capability left to recover itself from this huge dump all this shows its current statistics, people must admit this truth who are still expecting a miracle with Luna and still investing their hard working money in this shit coin. It's very surprising to see that some people are still supporting this crap although this is not going to bring any benefits for them except loss.

Since many of them invested a lot in LUNA and they have already lost in LUNA that's why many people still support LUNA to have a miracle to recover after this disaster. Do Kwon already proposing creating a new Token with 1B supply but of course many investor didn't agree with that since it's like abandoning the old LUNA. And since some the people are desperate to fast recover they agree with what Do Kwon plan.

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May 14, 2022, 07:12:13 AM
 #45

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.
you are right. Seeing this mess, no one can guarantee that LUNA will be recovered. in fact, when LUNA's price hit $1, it was a pretty awesome thing. for now, I don't have much hope with this coin, but I do stock even if it's not much, and accept the risk. well, binance still hasn't delisted this coin, because of that, I think this project is still being maintained. although I don't have much hope, but hopefully the price can go up again even though it's not much.

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May 14, 2022, 08:19:24 AM
 #46

Luna has no capability left to recover itself from this huge dump all this shows its current statistics, people must admit this truth who are still expecting a miracle with Luna and still investing their hard working money in this shit coin. It's very surprising to see that some people are still supporting this crap although this is not going to bring any benefits for them except loss.

I agree that it is impossible for LUNA to recover after a huge dump that occurred in just a few days. Don't dream that a miracle will happen to LUNA,
later it will be more painful if we have high hopes for LUNA. In my opinion, LUNA holders must learn to accept losses, indeed saying it is easy and
doing it is certainly not easy. Especially for investors who have invested in large amounts, they will definitely still support LUNA and hope that LUNA
can recover again. Even though they just couldn't accept the fact that LUNA had become a scam, I didn't expect LUNA to be in such a serious situation.

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May 14, 2022, 09:59:30 PM
 #47

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?
It seems that the future of the Luna coin is not clear and the investment in it is still full of risks for those who want to buy it because more than one exchange platform has delisted it. As for me, I invested in it with a small amount on Binance, and the good thing is that Binance opened trading today for LUNA / BUSD & I am waiting for what will happen soon, maybe the price will improve a little, or I will be lucky if a miracle happens.

Binance supporting a failed cryptocurrency!
This really seems to be what the owners of the project are trying to do and it is clear that Binance exchange is working to support it in what he is trying to do. This support from Binance offers two obvious reasons:
1- The owners of the project are seeking to revive a failed project to escape the legal consequences, especially since security research has been launched by the authorities to determine the parties responsible for the incident.
2- Binance platform, at the latest, may be one of the biggest affected by the collapse, by losing part of the profits from trading on Luna, as well as Luna's tokens in its hot wallets, which have become worthless overnight.

 
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May 14, 2022, 10:46:08 PM
 #48

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.
i am still see this possibilities, and if we see current price it recovered more than 30x from its bottom two days ago while Do Kwon release survival plan in neat time. major exchanges still list Luna even binance relist it again after delist for a while. looks like Luna got support from many people although we should not hope price could above $1.

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May 15, 2022, 12:24:16 AM
 #49

this coin has become a new shitcoin for most of traders nowadays, the total supply is even already too much I doubt it could ever recover back, having valuation of $1 alone is already such a feat considering its total supply that is already reaching trillions.
regardless I guess do kwon just gonna starting over again having new altcoin or even rolling back to it past snapshot for luna specifically.
the current state of LUNA is already beyond any help so I wouldn’t expect something great coming out of this coin, anyway it’s already ever reached 0 I see no reason why so many people still holding on to it.
there are many that bought at really low prices but guess what, this coin soon become obsolete.

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May 15, 2022, 12:51:30 AM
 #50

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.
i am still see this possibilities, and if we see current price it recovered more than 30x from its bottom two days ago while Do Kwon release survival plan in neat time. major exchanges still list Luna even binance relist it again after delist for a while. looks like Luna got support from many people although we should not hope price could above $1.

If calculated from the ATH price of $120 and the current price of 0.0003, then Luna has split more than 400,000 times.Yesterday Luna bounced back from the bottom but it's nothing compared to what it caused. There's no way Luna could come back, people have lost all faith in it. Today's trades are just short-term speculation, nothing more than gambling for fun.

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May 15, 2022, 01:37:14 AM
 #51

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

Binance has successfully done it, next other big exchanges are working hard to get the coin out of their trading eco system.

Binance has just temporarily suspended Luna trading to protect the traders from a free falling coin, but once people became aware of what's going on, they eventually resumed it. Though some other exchanges are delisting it, some few others are resuming as well. There were still people who are actually buying it. I myself even thought Luna would die down immediately, but no I guess they're trying to revive the project back. A lot of people are actually FOMOing right now lol

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May 15, 2022, 03:57:18 AM
 #52

LUNA went to ZERO, causing inflation. What is going to happen next? Is there any chance it will rise again in the near future?

Binance has successfully done it, next other big exchanges are working hard to get the coin out of their trading eco system.

Binance has just temporarily suspended Luna trading to protect the traders from a free falling coin, but once people became aware of what's going on, they eventually resumed it. Though some other exchanges are delisting it, some few others are resuming as well. There were still people who are actually buying it. I myself even thought Luna would die down immediately, but no I guess they're trying to revive the project back. A lot of people are actually FOMOing right now lol

This is one coin and situation where you need to dig deep before you invest, this made a disruption in the market and it will have a long term effect, there's an existing proposal to fork the Luna and there's a proposal to have a burning mechanism, either way, there will be casualties, either from the past or the present investors or both so invest at your own risk and money that you can afford to lose because you will likely lose here.

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May 15, 2022, 05:58:02 AM
 #53

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.
i am still see this possibilities, and if we see current price it recovered more than 30x from its bottom two days ago while Do Kwon release survival plan in neat time. major exchanges still list Luna even binance relist it again after delist for a while. looks like Luna got support from many people although we should not hope price could above $1.
Investors are waiting for the best moment from Luna, they want to take part in Luna's recovery, market manipulation can be done by the development team to save Luna from the Death Hole. The green graph is waiting for crypto users, just a little Luna Gives a green color to the graph, investors will hunt Luna with varying demand. the development team will do whatever it takes to save Luna.

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May 15, 2022, 08:47:34 AM
 #54

I am not sure Luna will ever recover in the future since the price is fallen deeper and seems, can not rise again.
But no one knows what will happen after this drama but many people already left this project because they lose too much because of the drops.
Many exchanges now delisted Luna on their site so it will be very hard for Luna to get their trust again.
But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.
i am still see this possibilities, and if we see current price it recovered more than 30x from its bottom two days ago while Do Kwon release survival plan in neat time. major exchanges still list Luna even binance relist it again after delist for a while. looks like Luna got support from many people although we should not hope price could above $1.
Investors are waiting for the best moment from Luna, they want to take part in Luna's recovery, market manipulation can be done by the development team to save Luna from the Death Hole. The green graph is waiting for crypto users, just a little Luna Gives a green color to the graph, investors will hunt Luna with varying demand. the development team will do whatever it takes to save Luna.

I don't think there is still something like the best moment the supply rose to trillions they should have stopped the chain when Binance CZ asked to do but they are non-compliant, they think they know better, there is a fork proposal and there is a burning proposal I don't think any of the two can get the old price back, there is still no decision only proposals, whatever plan they implement there will be investors that's going to lose. 
The price now is speculative and manipulated it's very risky to invest now, but very tempting.

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May 15, 2022, 08:52:24 AM
 #55

Investors are waiting for the best moment from Luna, they want to take part in Luna's recovery, market manipulation can be done by the development team to save Luna from the Death Hole. The green graph is waiting for crypto users, just a little Luna Gives a green color to the graph, investors will hunt Luna with varying demand. the development team will do whatever it takes to save Luna.


If the development team really does rescue Luna for now, I think it could be great for investors and traders who are hunting for Luna, but who can be sure it's true? because I haven't read any news or statements from the Luna team regarding this issue so I still need to know the truth about this because I don't see any recovery in Luna's price for now.

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May 15, 2022, 08:56:28 AM
 #56

From $86 to basically dust, I don't think there's "recovery" on that. Some may still buy it for the purpose of just trying because it's also cheap and it looks good to have loads of amount of it in your wallet but the problem is where you will exchange it if ever you make a little profit from the small fluctuations. The selling amount is higher than buying.  
Might as well just move on and look for a new project to invest your money with. It will just be a waste of time, effort, and money if you buy it again.

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May 15, 2022, 10:56:53 AM
 #57

...But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.

I do not remember such a coin that would give a profit to its investor during the day equal to 500,000 percent. It is this high volatility that makes traders forget about the danger of such investments, hoping to get a profit calculated in incredible percentages. Of course, not everyone will be able to make a profit, most will lose their money as always.

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May 15, 2022, 11:00:18 AM
 #58

...But people still buy and sell Luna in the existing exchanges and I guess they use Luna to do scalping trade to try to make a profit from Luna.

I do not remember such a coin that would give a profit to its investor during the day equal to 500,000 percent. It is this high volatility that makes traders forget about the danger of such investments, hoping to get a profit calculated in incredible percentages. Of course, not everyone will be able to make a profit, most will lose their money as always.

Most of the investors who bought LUNA when there's no bad incident happen to them lose their money due to the exploit happen to them but for people who bought at the deepest price they already earn many folds. But for people who think about entering since they got FOMO for other people maybe they should think more twice as the dev is planning to create new coin and might their investment may gone.

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May 15, 2022, 11:12:04 AM
 #59

It's 50/50. One day it could be if they fix it and then people would of wished they got in. Best thing to do is throw a little cash at it. Maybe one day it will pay off.
My friend put in $50 earlier today, at one point it was worth $40, now it's worth around $60.  Could go any way from here. It's a proper gamble.









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May 15, 2022, 11:19:00 AM
 #60

Taking into account the sensitivity in the crypto market, and how long it takes for a project to build a good name, and then only to destroy it because of the money greed. Luna will always be a pump and dump, only eventually to die completely.
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