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Author Topic: Terra Luna Delisting from Binance, investors lose millions of dollars!  (Read 526 times)
bittick
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May 17, 2022, 04:09:48 PM
 #21

Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value. Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token

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May 17, 2022, 05:09:24 PM
 #22

I think it's not only investors who suffered big losses but many parties experienced the same thing, one of them was Binance, where they were affected by the decline because many blamed them for the decline in the price of Luna because Binance had removed Luna on their platform, but the truth is that luna has locked the value to zero, so why should binance store tokens that have no value at all.

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May 17, 2022, 05:18:57 PM
 #23

Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value. Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
Some people cannot stop themselves from trying to obtain profits without any regard towards the reputation of the coin, it was obvious that this coin was a scam but people decided to invest in it anyway.

So with this in mind it does not surprise me that even now when the price of the coin has plummeted there are some people that are still trying to obtain profits out of it, not realizing the huge risk they are incurring by doing something like this.

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May 17, 2022, 07:28:59 PM
 #24

whether the life of LUNA coin will improve as before, for me it is very difficult to bring investor confidence to come again, many people are very disappointed with the founder of LUNA yesterday and made crypto history. Of course, many people think the next negative. there are other projects that have potential like LUNA.

R


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Wawa2013
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May 17, 2022, 09:55:33 PM
 #25

Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value. Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
Some people cannot stop themselves from trying to obtain profits without any regard towards the reputation of the coin, it was obvious that this coin was a scam but people decided to invest in it anyway.

So with this in mind it does not surprise me that even now when the price of the coin has plummeted there are some people that are still trying to obtain profits out of it, not realizing the huge risk they are incurring by doing something like this.

Some people really like to take high risks when investing, therefore do not be surprised if we find people who invest in LUNA. They thought that
LUNA would recover one day, and because of the greed that is in them, that's what makes them unable to think realistically in my opinion.
Some people finally still believe that LUNA will provide a very large profit if they buy LUNA now, which is indeed the price of LUNA is very low
right now. Even though I think people who still believe in LUNA's future will regret it in the end, because I see LUNA will end and become
a project scam. How could LUNA be able to increase its price again, and regained investors confidence, after harming many investors with the drastic
fall in LUNA prices. So I saw that there was no hope for LUNA to rise again, therefore I prefer to invest in other projects that are more reliable
and have a high demand.

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May 19, 2022, 05:03:27 AM
 #26

there's no hope on this project because investors are really disappointed how it end up like this after all.  And it was delisted in a very popular exchange which is in binance?, so for sure this can make an impact to make the situation worse in the future. So i don't think there's still a chance to recover.
However, for now the Binance exchange has re-listed LUNA, but it is still not certain if it will recover in the near future because the market is still not supportive of any recovery at this time so it is only natural that for now there are still investors who are disappointed because they have been harmed by decrease in the price of LUNA in the market.
I am not sure about the Re Listing but what i found is the saddest for the investors who did bought this coin when the price is above 100$ because look at it now?>



this is  a nightmare for every investors, damn look how much the price at this very moment?

even if this can recover? I'm not sure if investors will still trust this coin .
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May 19, 2022, 05:56:49 AM
 #27

Why do people always go in expensive projects late and believe the hype on youtube and by twitter influencers? They will always lose when they dont trust new early projects that do something better like koinos before the masses go in. Be more like early bitcoin investors Cheesy
 
good binance delists them, i hope cmc and coingecko do too
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May 19, 2022, 12:47:04 PM
 #28

After such a crash there was not much to do, those that are trading luna right now are just speculating with it while those that are still holding their coin and were unwilling to sell have to accept they just lost whatever they invested in luna, I am really sorry for them but after reading a little bit more about the coin it became obvious to me that it was a scam, and I have great difficulty believing that other people did not thought the same but were blinded by the potential profits they thought they could get, and now they are paying the consequences of their mistake.
You should not be sorry to say the truth. Anyone who still keeps their Luna should accept that they lost all of their investment. Something that worth 80k just 10 days ago, would worth less than a dollar right now, how could you hope for that to come back, to anything at all?

This is why it’s clear to me people who are still holding probably realized that, and just said why would I sell it for pennies, would not make sense, and just holding just in case, nothing more. This is not a horrible logic, because what will you gain if you sell it for 50 cents? Not that it will recover or anything, but doesn't worth even the fee you will spend on selling it.

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May 21, 2022, 02:42:41 PM
 #29

You should not be sorry to say the truth. Anyone who still keeps their Luna should accept that they lost all of their investment. Something that worth 80k just 10 days ago, would worth less than a dollar right now, how could you hope for that to come back, to anything at all?

This is why it’s clear to me people who are still holding probably realized that, and just said why would I sell it for pennies, would not make sense, and just holding just in case, nothing more. This is not a horrible logic, because what will you gain if you sell it for 50 cents? Not that it will recover or anything, but doesn't worth even the fee you will spend on selling it.
There is a logic about not waiting for it to go down that much. There is a thing called stop loss that they could have used, which means that if the price dropped like 50% for example they would have been out. So in that situation, if you have 1 million dollars, it wouldn't be 50 cents anymore, you would have lost 500k and got out and you would be still fine.

I get that even 50% in that level would be a terrible thing but at least it is 500k that you would still be holding. There are people who lost so much money that they committed suicide because of this, just put a stop loss for this case, and put it on 50% or even 80% and you would be protected against these type of crashes.

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May 21, 2022, 05:53:05 PM
 #30

I think it's not only investors who suffered big losses but many parties experienced the same thing, one of them was Binance, where they were affected by the decline because many blamed them for the decline in the price of Luna because Binance had removed Luna on their platform, but the truth is that luna has locked the value to zero, so why should binance store tokens that have no value at all.

I agree with you that a lot of people have felt aggrieved by the decline in LUNA's price, among them investors and other crypto users, especially since Binance has removed LUNA from their list, which further destroys Luna holders, but I don't think Binance is at a loss there, because they only receive fees from any transactions made at the time of buying or purchasing LUNA from their platform,

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May 21, 2022, 06:15:44 PM
 #31

I think it's not only investors who suffered big losses but many parties experienced the same thing, one of them was Binance, where they were affected by the decline because many blamed them for the decline in the price of Luna because Binance had removed Luna on their platform, but the truth is that luna has locked the value to zero, so why should binance store tokens that have no value at all.

I agree with you that a lot of people have felt aggrieved by the decline in LUNA's price, among them investors and other crypto users, especially since Binance has removed LUNA from their list, which further destroys Luna holders, but I don't think Binance is at a loss there, because they only receive fees from any transactions made at the time of buying or purchasing LUNA from their platform,
I think Luna coins have give bad reputation for cryptocurrency world because price drop drastically and make hundred thousand investor losing much money, better really have final decision for stopping listed Luna coin on all exchange market. Right now Do Kwon as founder of Luna coin really happy not any one label him as scammer after how drop price from Luna coin, keep exist and listed on many exchange market after price drop drastically, ever stop awhile delist on Binance but listing back few hours later.



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May 21, 2022, 11:35:26 PM
 #32

Many investors were surprised and did not expect that the delisting would be carried out so suddenly. However, Binance said this step needs to be done so that investors can avoid even greater losses.
There was something that needs to be done from Binance to save their face and that is what they did by delisting the coin by claiming that it is a Nobel idea to prevent investors from loosing anything further when majority of the investors burned a hole in their bank balance from their investment and profit they made in this space. I wish people would be more careful and do their own research when they invest in this space to avoid these kind of debacle.
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May 21, 2022, 11:36:06 PM
Last edit: May 23, 2022, 03:30:47 AM by ajochems
 #33

In Binance huge people had loss their money,many people had thought. This Luna will going to change their life in good manner. But Luna had his real face in the very short time. Because loss is very pain to the investors. They will get into credits and face the ubnormal life. Such things should be omitted by choosing the best coin and stable for the profit with the minimum investment.



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Ezravdb
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May 22, 2022, 03:25:25 AM
 #34

In Binance huge people had loss their money,many people had thought. This Luna will going to change their life in good manner.But Luna had his real face in the very short time. Because loss is very pain to the investors. They will get into credits and face the ubnormal life.Such things should be omitted by choosing the best coin and stable for the profit with the minimum investment.
Investors have definitely moved and looked at other coins besides Luna now, especially for those who have been at a loss during the downturn and didn't have time to sell all of their Luna assets. Surely for now investors have moved away from Luna and no longer see Luna as a good investment choice.

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May 22, 2022, 02:11:06 PM
 #35

even if currently LUNA got relisted in various exchanges it has become the new shitcoins, basically it was the manipulation of the market that keeps LUNA going on as of now, the rest real holders has lost significant amount of investment that I doubt they kept trading this LUNA.
and as you can see even the recent bullish that it had after hitting the all time low was due to the fact that some people think there is a glimpse of hope left for LUNA but as you can see even the founder facing lawsuit right now, I doubt it could revive.

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May 22, 2022, 02:56:09 PM
 #36

In Binance huge people had loss their money,many people had thought. This Luna will going to change their life in good manner.But Luna had his real face in the very short time. Because loss is very pain to the investors. They will get into credits and face the ubnormal life.Such things should be omitted by choosing the best coin and stable for the profit with the minimum investment.
Investors have definitely moved and looked at other coins besides Luna now, especially for those who have been at a loss during the downturn and didn't have time to sell all of their Luna assets. Surely for now investors have moved away from Luna and no longer see Luna as a good investment choice.

Luna's reputation has been ruined because of what happened and most investors have lost their trust in it. It would be hard to convince investors to reinvest because it's already hard to predict the future of Luna. It might also have a hard time recovering. It would be wiser for them to look for coins with a better foundation and reputation.
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May 23, 2022, 03:18:15 AM
 #37

it is indeed hard to say nowadays because the effect is still there and also there are no big support coming in LUNA's way now so how could anyone look at the recovery?
maybe there are 2 scenarios to come  and those are .

LUNA will totally die soon?

or

LUNA will increase in the coming years.

but as of now , lets admit the fact that there are many losers from this investment .
Everything in coin development there are only 2 things up or down, so there is no choice for all coins right, so even though in luna the coin has a dramatic level of achievement one of the possibilities will be achieved in the future, so I assume there is still hope for the coin luna because how could there possibly be a big pump because it seems that CZ really cares about Luna development and there are millions of assets invested from the binance lab.
is there any related post or link that shows CZ is interested in LUNA? because if there is then i may change my stand for Terra Luna that the future may be indeed brighter if we buy now as the cheapest price Luna can even had?

but if this is just your speculation then forget it , because the way this coin shows its capacity these days? that proves this is a Pump and Dump coin and cannot be trusted for long term.

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May 23, 2022, 05:04:46 AM
 #38

Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value
Do you really believe that Binance lost money in this crisis? They did not move their $LUNA from their wallet since 2018 and I am sure they have loss in that investment. However, they likely got profit from the crisis, from margin liquidations along the crash in both Long and Short liquidations. There are more Long liquidations than Short liquidations but there are many x10 rallies along the crash that kill Short positions too.

They would have earned more profit if they bought at bottom and sold at 500x higher price just one day after a delisting day.

Quote
Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
It is not true. People are still hodling $LUNA and trading it intensively. Trading volume shows that.
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May 23, 2022, 11:48:14 AM
 #39

Binance has been even loosing billions unrealized profit caused by the price dumped to the zero value
Do you really believe that Binance lost money in this crisis? They did not move their $LUNA from their wallet since 2018 and I am sure they have loss in that investment. However, they likely got profit from the crisis, from margin liquidations along the crash in both Long and Short liquidations. There are more Long liquidations than Short liquidations but there are many x10 rallies along the crash that kill Short positions too.

They would have earned more profit if they bought at bottom and sold at 500x higher price just one day after a delisting day.

Quote
Im sure that investors will never come back again to this platform. that's enough to see that if so many people got destroyed by the developers.So many tokens were getting locked already worth zero value as well. Look at how UST stakers are loosing their whole life caused by the dump and yeah this platform has been ruining so many people's life. The question is why there are new people keep buying this garbage token.
Shitty scam token
It is not true. People are still hodling $LUNA and trading it intensively. Trading volume shows that.

Even though people still hold Teraluna tokens, but the current tera price is no longer worth it, even though some of them hold large amounts of Luna, but it's useless if the price is not worth it.
Although there are still many of them who keep Luna, their worries always haunt them after what has happened to the Luna market today.

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May 23, 2022, 12:41:20 PM
 #40

After there was a big problem with the LUNA project and many investors who have been harmed by the project so that pressure was born from binance who had made a statement that it would delist the coin, and currently only the LUNA / BUSD token pair may be later if the recovery carried out by the LUNA team can be successful then still have hopes that binance will again maintain the coin, with the hard work of the team I am sure LUNA will come back to life.

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