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Author Topic: Terra Luna Delisting from Binance, investors lose millions of dollars!  (Read 528 times)
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May 23, 2022, 01:34:35 PM
 #41

this is  a nightmare for every investors, damn look how much the price at this very moment?
Yeah and so many people got shocked after seen their investment worth zero value right now. The scalpers are so crazy by buying this shitty coin as bet. VC and companies who have been investing in the luna already lost a lot.
even if this can recover? I'm not sure if investors will still trust this coin .
Not anymore. Im sure that investors will try to find to way to leave from the market as fast as they can even they need to dump the new version of token to the market asap. They will be getting the new token and this will become a way for them to go away from the market.

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May 23, 2022, 04:55:58 PM
Last edit: May 28, 2022, 05:46:30 PM by wxa7115
 #42

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.
I personally think that even if traders most of the time are only worried about the price there should be an exception to this rule, and what we are seeing happening with luna should be one of those exceptions.

People need to stop investing in that coin because the only thing that you are doing is giving the impression that the project can eventually recover and attract even more people that will eventually lose it all as well, it is better to let the project collapse and to never return, as it is also damaging the image of this market by giving those which are opposed to it the excuse to say whatever they want about this market and giving us almost no opportunity to argue our case.

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May 23, 2022, 06:02:23 PM
 #43

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.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.

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May 23, 2022, 07:14:16 PM
 #44

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.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.
It would be hard for LUNA to reach it's all time high price again in my own oppinion. The community trust have been broken and the concept of luna has been proved that it could be exploited by some whales. Community alone wouldn't take a risk catching falling knives. The risk is very high for luna right now even if they introduce a recovery plan. It wasn't enough.
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May 23, 2022, 07:51:11 PM
 #45

Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.

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May 23, 2022, 08:33:13 PM
 #46

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.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.
It would be hard for LUNA to reach it's all time high price again in my own oppinion. The community trust have been broken and the concept of luna has been proved that it could be exploited by some whales. Community alone wouldn't take a risk catching falling knives. The risk is very high for luna right now even if they introduce a recovery plan. It wasn't enough.

I really don't think the LUNA team can recover from this crash, if in case they have plans to revive their project.
The investors and holders already lost their trust, do you really think people will spend again if the team will introduce a forked coin?
Aside from that, Do Kwon may only be saying about the recovery plans to avoid heavy backlash from its holders.
But the truth is, they can't do it. They failed and bouncing back would be too difficult for them.
This may not be the last that we hear to suffer massive failure from a known project, so we should always be on alert with our coin holdings.
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May 23, 2022, 11:48:59 PM
 #47

I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Those only scalpers and gamblers. People who have been going long for luna already gone as they have been robbed by do kwon. People with a good sense will buy ANC instead of luna as the price was still trading at a sense price. LUNA has a non sense total supply. People are so dumb by still buying luna to bet into the volatility. Even some stupid people are burning their own tokens to be called as hero for luna. What a stupid people.
A bit surprised that if people are being fooled to did self burn for luna.

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May 24, 2022, 02:58:00 AM
 #48

I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Those only scalpers and gamblers. People who have been going long for luna already gone as they have been robbed by do kwon. People with a good sense will buy ANC instead of luna as the price was still trading at a sense price. LUNA has a non sense total supply. People are so dumb by still buying luna to bet into the volatility. Even some stupid people are burning their own tokens to be called as hero for luna. What a stupid people.
A bit surprised that if people are being fooled to did self burn for luna.
well, you're right. some of the reasons why many people still buy LUNA today is, because they hope the price can reach a high price someday. even when it reaches the price of $0.01 they will make a huge profit. those are their thoughts. I saw some people writing that on their social media walls. actually I've bought LUNA, but now I've sold it.
other than that, another reason is, the current price movement of LUNA is very fast, so it can be used by traders who want to make short-term trades with little capital. not a few people have benefited from the downturn and fluctuation that occurred. it's just that, apart from that, it's still a pretty dangerous investment right now.

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May 24, 2022, 09:00:02 AM
 #49

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.

yes, that's right,,, but I really doubt if terra luna will live again let alone the price can go up as usual, considering that LUNA has fallen too deep, and even if the development team can overcome the problems that have occurred so far, but in my opinion to increase public trust is very difficult to do because everyone was very disappointed with LUNA all this time.
But if you are a gambler? then why not gamble in Terra Luna now as the price is super cheap and won't even hurt you spending hundred dollars? because if this return to at least a dollar? then you will be  on top profit lol.

and besides we sometimes invest in shitcoin then why not in this formerly famous coin?

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May 24, 2022, 09:15:06 AM
 #50

Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
because they are willing to risk, remember that if you are not willing to risk here in crypto you will never get a best result.

and some people now sees LUNA as an opportunity as the price is really cheap and almost no value at all.

so either losing 1$ for hundreds of LUNA , will that amount damage your investment? not at all.

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May 25, 2022, 04:09:14 AM
 #51

Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
because they are willing to risk, remember that if you are not willing to risk here in crypto you will never get a best result.

and some people now sees LUNA as an opportunity as the price is really cheap and almost no value at all.

so either losing 1$ for hundreds of LUNA , will that amount damage your investment? not at all.
It is true that if you used only a dollar when investing in LUNA then you are not taking a huge risk at all as I suppose most people can afford to lose such a small amount of money in this forum, however it is simply bad practice, we know now that LUNA is a scam and it is better to stay away of scams out of principle, otherwise you will keep finding justifications to invest in them and one day you will suffer the same fate as those that invested in LUNA near its ATH.

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May 25, 2022, 07:13:54 AM
 #52

I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Those only scalpers and gamblers. People who have been going long for luna already gone as they have been robbed by do kwon. People with a good sense will buy ANC instead of luna as the price was still trading at a sense price. LUNA has a non sense total supply. People are so dumb by still buying luna to bet into the volatility. Even some stupid people are burning their own tokens to be called as hero for luna. What a stupid people.
A bit surprised that if people are being fooled to did self burn for luna.
well, you're right. some of the reasons why many people still buy LUNA today is, because they hope the price can reach a high price someday. even when it reaches the price of $0.01 they will make a huge profit. those are their thoughts. I saw some people writing that on their social media walls. actually I've bought LUNA, but now I've sold it.
other than that, another reason is, the current price movement of LUNA is very fast, so it can be used by traders who want to make short-term trades with little capital. not a few people have benefited from the downturn and fluctuation that occurred. it's just that, apart from that, it's still a pretty dangerous investment right now.
I know that they are loosing a lot and they were using their last resources to buy luna with the hope the price can go back again to the 1 buck. It's impossible for the price of luna to reach 1 cent and so who will be buying trillions of tokens from the market just to pump the coin that has no future?
That will never happen.

That's why i called them all as gamblers instead of investors.

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May 25, 2022, 09:15:23 AM
 #53

however it is simply bad practice, we know now that LUNA is a scam and it is better to stay away of scams out of principle, otherwise you will keep finding justifications to invest in them and one day you will suffer the same fate as those that invested in LUNA near its ATH.
We must stay away from projects that are indicated as scams and especially if the project has been determined to be a scam, many traders risk scalping on Luna coins when news comes from Do Kown, but take profit must be taken immediately because it is very high risk if holding it longer.

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May 25, 2022, 10:05:17 AM
 #54

I know that they are loosing a lot and they were using their last resources to buy luna with the hope the price can go back again to the 1 buck. It's impossible for the price of luna to reach 1 cent and so who will be buying trillions of tokens from the market just to pump the coin that has no future?
That will never happen.

That's why i called them all as gamblers instead of investors.
Many traders believe that Luna will rise at the price of $1 but speculation is just wishful thinking because it is no longer possible for investors to trust their investment in Luna again, I think the team is also uncooperative because they did not consider the token burning solution from the community suggestion.

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May 25, 2022, 10:13:45 AM
 #55

We must stay away from projects that are indicated as scams and especially if the project has been determined to be a scam, many traders risk scalping on Luna coins when news comes from Do Kown, but take profit must be taken immediately because it is very high risk if holding it longer.
Any indication of a scam should be wary of investing as it would be fatal if the bubble burst from the high sellers of the whales or the team, so many whales increase the price of Luna after the hype of price increase of $1 or 1 cent but it will be easy for them to drop it after getting high profits.

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May 25, 2022, 10:48:57 AM
 #56

I know that they are loosing a lot and they were using their last resources to buy luna with the hope the price can go back again to the 1 buck. It's impossible for the price of luna to reach 1 cent and so who will be buying trillions of tokens from the market just to pump the coin that has no future?
That will never happen.

That's why i called them all as gamblers instead of investors.
Many traders believe that Luna will rise at the price of $1 but speculation is just wishful thinking because it is no longer possible for investors to trust their investment in Luna again, I think the team is also uncooperative because they did not consider the token burning solution from the community suggestion.
I have been seeing some poster here that still expect LUNA to return back at 1$ , but for me personally ? like what happened to the scam project/coin in the past? that did not even recovered or have an update after their last movement .

Luna seems to be like those who are truly intentionally  created for this kind of plans from the Dev.

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May 25, 2022, 11:17:07 AM
 #57

This is a bear market all happened so painfully, and many investors who feel lost by terra luna, although at this time they are trying hard to bounce back but all is not happening easily a lot of trust that has disappeared by their partners and reassuring is a very difficult thing to do, at this time major changes are in the run and all is starting to improve.

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mdzahed134
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May 25, 2022, 04:21:26 PM
 #58

Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.

wxa7115
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May 28, 2022, 07:49:51 PM
 #59

Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.
What I find interesting is what caused them to change their decision so quickly, luna now known as luna classic is still going down in value despite allowing other traders to try to benefit from this market.

Would not have been more healthy to just keep the coin delisted and let it crash all the way down to zero? Because what binance is doing is simply to allow more victims to accumulate as they believed they could profit from this coin and now they are finding out that most likely it is not going to happen.

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.DuelbitsSPORTS.
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udidrone
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May 28, 2022, 09:58:47 PM
 #60

Luna already death so away dream about luna. The supply of luna very huge but some crazy investors was making big hype so the result of luna 100$ up in the past time. I see some crazy people gonna buy luna but why! Why they not understand its invaluable token right now. You should research all exchange already done by delisting luna token.
Binance delisted LUNA when it’s price was down below 5 cents but they re open LUNA trade by considered for this coin investors on the Binance. I appreciated CZ for this step, because i see after the delisted from Binance, coin price was going to zero. Luna already lost their trust i think no investors will make big investment here but some people's will try to profit in short term.
What I find interesting is what caused them to change their decision so quickly, luna now known as luna classic is still going down in value despite allowing other traders to try to benefit from this market.

Would not have been more healthy to just keep the coin delisted and let it crash all the way down to zero? Because what binance is doing is simply to allow more victims to accumulate as they believed they could profit from this coin and now they are finding out that most likely it is not going to happen.

I see from some of my friends' posts that they are still active for trading Luna v2.0 somehow they still believe it after the problem that made big news a few weeks ago
I agree there shouldn't be a market for the new Luna and for investors who lose, they should receive compensation from the reserve fund it's just that until now we don't know where the reserve funds were moved.

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