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Author Topic: Will Terra (LUNA) recover some time in the future?  (Read 794 times)
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May 16, 2022, 11:58:00 AM
 #1

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley

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May 16, 2022, 02:14:04 PM
 #2

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days.
There is difference between going and gone, Luna decreased to $0.000005 if truly it has grown 100x back because its price now at $0.00025

Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.
That is where they got it wrong, is it UST that matters, it would have been better if the they did not even go for a stable coin in the first place. Investors are after coins that is not stable, they should work on Luna.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley
Maybe or maybe not, altcoins are gambling. If you want to gamble, buy Luna, you can be very lucky or lose. So I shouldn't be the one to tell you that you should invest the amount you can afford to lose.

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May 16, 2022, 04:38:15 PM
 #3

No chance for this coin to recover from the hell. Even when terra luna developers were using whole of available reserved funds to pump UST and this will not make the price to go back again to the top. This company and its holders have been loosing everything. No chance for recovery even some parties are also against the new proposal to issue the new token as a replacement for the old tokens that were minted during the worst day last week. I do believe this is the end for this project.
Even when they were introducing various proposal so many times and the result will always be the same

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May 16, 2022, 05:09:45 PM
 #4


What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley

hope is always there, because in the crypto space nothing is impossible. but I'm trying to be realistic here. my conclusion is, as long as UST is still around, luna will never be able to recover. because the mechanism of UST and luna are interconnected, so luna will be forced to return the UST peg. and this method proved unsuccessful, therefore UST had to be removed from the market for whatever reason. then luna can recover slowly with a record of burning coins periodically. but this method also has a lot of risks starting from the demands of UST holders, issues of investor confidence, and many more.

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May 16, 2022, 05:44:06 PM
 #5

Luna price is so much down from week ago. Luna team invested so much to recover Ust but failed which result Luna token down further. Now it's looking very difficult for Luna to recover.
Buying Luna at current Situation is very risky because there is high chances that Luna team stopped Luna Contract and launch mew Token which probably will be best entry point because Luna team is good and can grow project fast.

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May 16, 2022, 06:14:52 PM
 #6

There is no hope for this product up to the moon again, it will just continue to be thrown away and may become worthless in the future or the price could return to 1 dollar if the developer only focuses on this coin, but I don't think its possible. Lost a large of Investors and they will not return because they are definitely worried that in the future for same situation will repeat again, if anyone really wants to invest in this product it is better with a very small amount of funds, but risking anything in this product is not worth it. Sorry !

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May 16, 2022, 06:37:13 PM
 #7

Well, I wouldn't bet on that recovery! I mean, recovery is possible, we saw some crazy things happening in the crypto world, but if something happened once, there's a high chance it will happen again! So even if we see some recovery be sure there's another drop waiting around the corner... basically I see this as some pump and dump scheme!

I guess betting on Terra LUNA recovery is a very risky bet! People who decide to take this risk should be aware of it, so don't invest more than you can afford to lose it!

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May 16, 2022, 06:51:25 PM
 #8

Luna Foundation Guard is among the top 10 BTC holders globally, possessing around $3.5 million in BTC. Terra Luna tried all possible solutions, but nothing helped it. Last week the reserve Bitcoin worth $3.5 billion created to defend and support the TerraUSD (UST) stablecoin saw a total crash and no one have any idea how such a large sum of funds disappeared. This shows the reserve inadequate to prevent depegging. This means the mechanism have failed and the chances of recovery is less than a percentage. The team might plan something else than recovering Terra Luna.

Around $3.5 billion worth of Bitcoin in Terra has just disappeared

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May 16, 2022, 07:19:10 PM
 #9

There is no hope for this product up to the moon again, it will just continue to be thrown away and may become worthless in the future or the price could return to 1 dollar if the developer only focuses on this coin, but I don't think its possible. Lost a large of Investors and they will not return because they are definitely worried that in the future for same situation will repeat again, if anyone really wants to invest in this product it is better with a very small amount of funds, but risking anything in this product is not worth it. Sorry !

As I checked they have a new proposal recovery plan (https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498), I much prefer the suggestion of CZ to burn the minted Luna rather than to create a new fork which I think will not benefit the people who bought before it gets delisted.
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May 16, 2022, 08:22:02 PM
 #10

As I said before, such an investment is now considered a "lucky investment", I would invest some money right now anyway, because there is still some chance that the price will increase several times in the foreseeable future. That would be a nice capital increase. But I ran into a big problem these days, many exchanges have disabled LUNA wallets and blocked I/O, so buying LUNA at current prices is not such an easy task.

LUNA could start rising again if the team solves something with UST, if they did not start UST, LUNA would never fall to these values. If they are going to bring back the old mechanism and tie UST to LUNA again, it will definitely not be credible, because if another market crash happens, all this history will repeat itself.

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May 16, 2022, 08:35:38 PM
 #11

They are now using every reserve just to survive and push UST again on a good place but still no guarantee that they will succeed on this one, but hopefully they can have a good solution because many whales are still trap on LUNA, that’s why I believe they can still pump this and rise again. Let’s just continue to monitor LUNA, you can still buy at a lower price just be ready for the risk and maybe this can be your lucky investment once the price recovers.
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May 16, 2022, 08:38:22 PM
 #12

If there's a chance, that's totally very little. Like not reaching 1% of survivability of the project so that's almost no chance but if you guys think you'll never dispose of the project.
It's you decision to hold it because you'll never know if there's a miracle upon their recovery plan and if it's going to work. But to me, that's it, very little chance of survival.

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May 16, 2022, 08:48:50 PM
 #13

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley

The fact that the LUNA price has dropped to almost zero gives some hope that someday it will rise to let say $1. However, in my opinion, there are so many interesting and good projects on the market that there is no need to risk another mistake of LUNA team. After such a big defeat, it will never be possible to regain the previous position on market for LUNA.

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May 17, 2022, 03:40:58 AM
 #14

There's no hope for luna and here's why

1. Community already distrust this even VC already bail out too.
2. No funds left on LFG caused by do kwon dump btc to buy luna with zero value.
3. Hyper inflation supply and where the hell the team got money to burn trillions of luna?

These reasons have become the strongest reason to say why luna will never come back again despite the fact if it will be doing a hardfork but the hardfork itself totally a non sense thing. CZ was also getting surprised caused by luna has no fund left.

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May 17, 2022, 03:47:43 AM
 #15

Now Recovery of Luna is very difficult because Luna token supply is too much increase now. Other side Investers feel to much fear and not interested to buy Luna.because Luna didn't have any chance of recovery. I advise  stay away to invest in Luna.

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May 17, 2022, 03:57:14 AM
 #16

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley
The question is "At what price will we ever say that LUNA has recovered?"
Because anybody can say "If it will reach 1 cent then it has recovered" and some will say "If it goes 10 cents then it will continue to go high therefore we can say that it has recovered from its recent downfall".

Right now its hard to know the future of LUNA but its just good to see the developers especially Do Kwon making some recovery plans to their project because if this happens to other project, there might be a chance that they will just abandon it and run away. On the other hand though, LUNA did their first step to their "recovery plan" and that is to make a fork which is now called "Terra Classic". I don't know TBH what will be the future outcome of this but CZ and Vitalik base on articles aren't like it.

Also, we already saw that they are doing some recovery plans but another question to their recovery is that "Will the investors come back and trust the project and invest to the project again?" because its hard to build the trust again knowing that many investors already lost their money just by investing in LUNA. I'll make myself updated with this LUNA and what they will be doing to recover.

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May 17, 2022, 04:13:33 AM
 #17

The speculation about Luna recovering has been over since Terra released a proposal for the Luna V2 fork. it means they have given up on turning things around. luna is over, the coins that are on the market today will eventually function as community coins (to me this is the same as being abandoned or allowed to die slowly). the good news is there will be an airdrop for old holders who bought before the 7th of may, but for me this is not very good. the reason is because the price will not return to normal when conditions are normal, investor confidence has been lost. maybe when the airdrop is shared all will sell it, this will just create another crash in the future.

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May 17, 2022, 06:26:46 AM
 #18

In crypto anything can happen
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May 17, 2022, 06:57:25 AM
 #19

Hopefully, LUNA will return to a fairly high price in the future. however, given the current state of affairs, I'm quite skeptical about it. for now, the price is stable in the range of $0.00018 to $0.0002. that's a very far cry from the initial price, even $1. other than that, I saw on CMC that there is no data for this coin in its max supply. however, it is very difficult to expect this coin to return to its original state, even because of this, the effect of doubt is also affected by several other large projects. it's just that, at this point, the devs may still be trying to get things back on track because I've seen some exchanges delisting this coin. Well, hopefully there is hope for that in the future.

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May 17, 2022, 06:57:55 AM
 #20

This coin right now is highly volatile and I don't think that it will recover anymore in the future as many people are not going to trust a stable coin that drops from $1 to $0.2 which is the UST and I don't think people would invest to this coin.

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May 17, 2022, 07:27:50 AM
 #21

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.
What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley

I am not to familiar with the Terra ecosystem as i never held any Terra myself and i also never used UST as my stablecoin so i don't really follow that drama regarding Terra Luna that closely but of course i also heard what happened and what they are planning to do now in order to make sure that Luna comes back and that a dump in the price like UST took it a week ago will never happen again. I personally also read a few statements that said that the plan of Terra to go onwards from now on are very in favor of the team behind Terra and not really in favor of the small holders of Luna but i don't know if that is true or know.
What i know is though is that i will not invest into Luna now, even though many seeing it as a extremely high risk gamble at the moment with a possibility of x100 or more, but i think too many people are hoping for that and even if the project would recover the sell pressure would be way to high.
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May 17, 2022, 07:48:35 AM
 #22

We might wonder how it got to 6,000 billion tokens minted in such a short time. It's one of the rudest scale pumping hoaxes I've ever witnessed. It's funny to see how the Luna team has been behaving since the incident. They have no concrete solution to stop working on the network and fix those mistakes. For those who are affected by the project, it will be difficult and impossible to get back what they have invested up to now. I've read some news about the plan to get the project back on track, but to be honest, for me personally, it's an end to the project and their ideas for the future, I'm sure. In the coming time, we will soon see the authorities conducting an investigation into their activities in this space, and the people involved will soon be exposed. It seems that this incident shows us a way of operating and the psychology of parties in the crypto space.

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May 17, 2022, 07:50:40 AM
 #23

I personally also read a few statements that said that the plan of Terra to go onwards from now on are very in favor of the team behind Terra and not really in favor of the small holders of Luna but i don't know if that is true or know.
What i know is though is that i will not invest into Luna now, even though many seeing it as a extremely high risk gamble at the moment with a possibility of x100 or more, but i think too many people are hoping for that and even if the project would recover the sell pressure would be way to high.
We have never bought coins for 10000x more dip than the previous highest price, on that basis that everyone is hunting for investment in Luna based on the latest news, some of them recover losses from investing Luna coins with scalping because they may still be traumatized from previous losses. I also buy it from a fund that can afford to lose because I understand the risks.

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May 17, 2022, 09:10:35 AM
 #24

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why?
There are no hopes anymore for luna to recover even when the fork has been taking as the solution and then there's no guarantee for the price will be the same like what already predicted by the luna developers. Market will decide how much worth for each luna. There's no possibility for luna to recover. The new proposal has become a signal of the luna developers already given up.


Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley
It's not a great idea. If you are buying the current luna and this will become new fork token called lunc but you will get the new tokens from the developers. That's the worst decision to be taken for now.

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May 17, 2022, 11:16:02 AM
 #25

There is difference between going and gone, Luna decreased to $0.000005 if truly it has grown 100x back because its price now at $0.00025

That is correct. But LUNA is still far from its ATH. A few weeks ago, it was valued at around $80 per coin. I get the collapse was due to the team's negligence, but we cannot discard the possibility of a recovery if the community acts in a timely manner. The CEO announced a proposal to hard fork the blockchain, so chances are there will be a recovery soon if it's approved by the community. Either way, investing in LUNA right now is a gamble so I'd advise anyone to proceed with caution. Just my opinion Smiley

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May 17, 2022, 03:42:30 PM
 #26

I think it is very difficult for LUNA to be able to rise from adversity considering that Luna's price has fallen very deeply, but speaking ahead, I am very optimistic that it will rise again, but I don't think its growth will increase to reach the ATH that has been achieved, most likely only 10% -20% from the current price, that's if the development team can fix the mess that happened and hope CZ can help the terra luna team,

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May 17, 2022, 04:41:33 PM
 #27

I see there are no hope with LUNA, because how it can be recover if team minting new tokens, still now trillions of total supply. If considering it’s circulating supply i don’t think it will recover in the future until team will burn all of the new miniting tokens. I'm very disappointed to see such billions dollar worth of project just collapsed within 2-3 days.

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May 17, 2022, 05:14:49 PM
 #28

I've read a claim about the team that they will do their best to resurrect it and are not giving it up yet.
https://finbold.com/can-terra-luna-be-saved-heres-the-founders-resurrection-plan/
I have been following it although I am not invested but I see they didn't also liked what happened with their market due UST de-pegging.
In regards about a recovery, it may recover but not as hard as it was. Maybe back to a dollar or less. A market like Doge or Shiba with cents of increase and decrease.
It's how they can pull the trust of their investors back to make it successful.
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May 19, 2022, 11:56:36 AM
 #29

I've read a claim about the team that they will do their best to resurrect it and are not giving it up yet.
https://finbold.com/can-terra-luna-be-saved-heres-the-founders-resurrection-plan/
I have been following it although I am not invested but I see they didn't also liked what happened with their market due UST de-pegging.
In regards about a recovery, it may recover but not as hard as it was. Maybe back to a dollar or less. A market like Doge or Shiba with cents of increase and decrease.
It's how they can pull the trust of their investors back to make it successful.

I hope the LUNA team does the right thing in the end in order to help restore crypto's reputation worldwide. Otherwise, it'll take a long time before investors gain confidence in the entire crypto/Blockchain space. Right now, the Terra community and validators are divided on what the project's future direction will be. Some will support the fork, while others will support burning the existing LUNA token's supply. What will happen by the end of the month, is a mystery. A re-branding might be necessary in order to bring back people's trust.

If you buy LUNA right now, you'd be risking your money as it could fade into oblivion at a very fast pace. I'd just wait and see what happens in the next few days in order to make a decision. As long as decentralization wins, nothing else matters. Just my thoughts Grin

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May 19, 2022, 10:27:37 PM
 #30

For sure, Terra Luna will recover in the nearest future. Because one thing about this space is that, all coins dump and all coins pumps. It's all about time. Those that are patient enough will have gigantic profits from Terra Luna while those that were impatient will lose most of their money. Luna is a solid projects but considered as scam due to the sudden serious dump of it. It's wise for investors to reinvest in the project and leave it for long time purpose.
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May 19, 2022, 10:38:27 PM
 #31

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley

It looks like the hope for Luna recovery is a wishful thinking at this moment.  Terra Luna CEO made mistakes while dealing with the price crash.  The sudden increase of Terra Luna supply in a short period of time is the most fatal mistake and this is the main reason why we have the price today.  I do not know what is in the mind of Terra Luna team.  This grave mistake simply show the incompetence of the people behind Terra Luna, so if they did not learn from this mistake then the possibility of Terra Luna recovering is very slim.
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May 19, 2022, 10:50:08 PM
 #32

There is no hope for this product up to the moon again, it will just continue to be thrown away and may become worthless in the future or the price could return to 1 dollar if the developer only focuses on this coin, but I don't think its possible. Lost a large of Investors and they will not return because they are definitely worried that in the future for same situation will repeat again, if anyone really wants to invest in this product it is better with a very small amount of funds, but risking anything in this product is not worth it. Sorry !
If a single coin has already dropped drastically, investors will now have fears investing on it again because there are more chances that the current scenario will keep on repeating again, so they are only risking their money for another downfall of the coin. As much as they want to invest, i think its better if they can focus investing on bitcoin instead as no matter how the bear market attacks, bitcoin value has still never dropped to zero.

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May 19, 2022, 10:53:09 PM
 #33

If you look at the information data we receive today, if you mean LUNA which once reached tens of dollars, I'm sure they really won't recover forever, this has been proven where the devs have run out of large amounts of btc funds for UST backups have completely run out and it can't get LUNA and UST back to the initial price and the devs prefer to build LUNA v2 which will replace the previous LUNA with a different concept. It was clear the old LUNA would be abandoned.
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May 20, 2022, 01:09:53 AM
 #34

Hopefully, LUNA will return to a fairly high price in the future. however, given the current state of affairs, I'm quite skeptical about it. for now, the price is stable in the range of $0.00018 to $0.0002. that's a very far cry from the initial price, even $1. other than that, I saw on CMC that there is no data for this coin in its max supply. however, it is very difficult to expect this coin to return to its original state, even because of this, the effect of doubt is also affected by several other large projects. it's just that, at this point, the devs may still be trying to get things back on track because I've seen some exchanges delisting this coin. Well, hopefully there is hope for that in the future.

Its look really very skeptical now. about max supply on CMC, it coz Luna don't have Limited in supply, and this saying that Luna can create more and more coins, they haven't difficulty bomb or etc. This happened when UST fell in price, they created billions of Luna in the hope of supporting the stablecoin, but as we can see, they didnt succeed it. I hear that he wanna make a burn system, its may help a bit, but hey anyway need to create a new blockchain, and here are a lot of coins now, so anyway luna cant be reach good price in future, one mind its if they will make Luna v2 with new blockchain, with fix previous errors.
But how we can believe them now???
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May 20, 2022, 03:22:11 AM
 #35

I hope the LUNA team does the right thing in the end in order to help restore crypto's reputation worldwide. Otherwise, it'll take a long time before investors gain confidence in the entire crypto/Blockchain space. Right now, the Terra community and validators are divided on what the project's future direction will be. Some will support the fork, while others will support burning the existing LUNA token's supply. What will happen by the end of the month, is a mystery. A re-branding might be necessary in order to bring back people's trust.
They did bad things at start of the crisis and during the crisis, they handled it very bad. I don't trust that they can handle it well after the fork. They might create pump games for new LUNA after that but it might not be a successful new project. People want to gamble, there is a new game for them with new LUNA

Quote
If you buy LUNA right now, you'd be risking your money as it could fade into oblivion at a very fast pace. I'd just wait and see what happens in the next few days in order to make a decision. As long as decentralization wins, nothing else matters. Just my thoughts Grin
LUNA Classic will be in mud after the fork. Who will be responsible for its development? The ecosystem will be in mud and it will be like a walking dead project after the hardfork.

It won't die and might have pump games like Ethereum Classic but waiting for it is too long. It will take too long to see pump games.
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May 20, 2022, 07:12:52 AM
 #36

I think it depends on the future development of the project
Luna price drop drastically and i think it needs a lot of time to revover. If the project developer works hard and make a new twist or strategy then maybe it will rise back in the near future, i already buy luna for just 10$ and wait till the price rise, 10$ is not a big loss if ever Luna didn't recover in the future so my suggestion buy and hold.


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May 20, 2022, 07:31:21 AM
 #37

There is no hope for this product up to the moon again, it will just continue to be thrown away and may become worthless in the future or the price could return to 1 dollar if the developer only focuses on this coin, but I don't think its possible. Lost a large of Investors and they will not return because they are definitely worried that in the future for same situation will repeat again, if anyone really wants to invest in this product it is better with a very small amount of funds, but risking anything in this product is not worth it. Sorry !
If a single coin has already dropped drastically, investors will now have fears investing on it again because there are more chances that the current scenario will keep on repeating again, so they are only risking their money for another downfall of the coin. As much as they want to invest, i think its better if they can focus investing on bitcoin instead as no matter how the bear market attacks, bitcoin value has still never dropped to zero.

LUNA a month ago was at the price of $ 119 and now it has fallen very drastically to below $ 1. Such a thing is dire for investors, so any hope of
LUNA's recovery seems highly improbable. Me and some of my friends are not interested in investing in LUNA anymore. Because for me it is impossible
for LUNA to restore investors confidence with a very drastic price decline in a relatively short time. What you say is absolutely true, instead of me
taking a very high risk by buying LUNA, I'd rather focus on investing in Bitcoin or some top coins that have high demand and also a pretty good
track record. So I suggest we all move on from LUNA, because there are projects that are better and more profitable than taking the risk of investing
in LUNA.

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May 20, 2022, 08:00:42 AM
 #38

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley
I don't think it's possible, Terra Luna probably won't be able to continue unless they create new tokens, but from the cases that have happened, it will make the founders of Luna criticized by many people and will probably have a hard time getting investors again, I'm sure they've been too disappointed with the founder of Luna and will never provide support again.

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May 20, 2022, 08:11:45 AM
 #39

I don't think it's possible, Terra Luna probably won't be able to continue unless they create new tokens, but from the cases that have happened, it will make the founders of Luna criticized by many people and will probably have a hard time getting investors again, I'm sure they've been too disappointed with the founder of Luna and will never provide support again.
there is news regarding the snapshot regarding the Luna holder. it's a related update from Terra 2.0 team. I'm not sure it will go smoothly. because this news is still uncertain.
although the developer's efforts to pay for their mistakes are currently quite harsh. it will still be difficult to restore investor confidence. This can be used only to get airdrops and then leave the project.
I think it will be difficult for Luna to return everything they have achieved before they destroyed themselves.



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May 20, 2022, 08:15:23 AM
 #40

there is news regarding the snapshot regarding the Luna holder. it's a related update from Terra 2.0 team. I'm not sure it will go smoothly. because this news is still uncertain.
I think it's definite information because voting is already dominant to agree but in fact many real votes do not agree for the Luna v2 fork, but many doubt the voting by the terra team and many guess they are working with bots. I'm also not sure that they can develop well for the new luna coin because of the low trust of the community.

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May 20, 2022, 08:18:35 AM
 #41

no longer have the possibility for Terra Luna coins to recover, the developers of Luna coins don't have enough money left they can pump the coins again and even their Stablecoins are UST, from news on social media they say they will make Luna V2 and all kinds of issues but so I think logically when a coin falls too deep then there is no possibility for the coin to rise, if indeed the developers wanted to save Luna and UST then they would have done so before the coin fell very deep, but in fact they were unable to do so. it's better not to want to go in to buy Luna now, it will be a loss.



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May 20, 2022, 08:26:59 AM
 #42

Investors are not feeling well on this projects and probably that's the reason why it fells like a rock within months. So i don't think its easy for them to recover despite of the current situation as it's chan

Infact luna team has a plan to make a new token for investors, so on that case it will become so unpredictable if luna has a chance to recover because it seems they want to abandon the project and rely on their new token.
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May 20, 2022, 11:57:30 AM
 #43

https://station.terra.money/proposal/1623
This vote keeps all owners of coins in suspense.
If the proposal is accepted, then you will receive new Terra coins with vesting for 2-4 years, and the old coins will be worthless.

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May 20, 2022, 12:40:53 PM
 #44

I was surprised that most of the new topics in the altcoin discussion are all about Luna.
I could see that many people, especially holders are hoping to see some light out from the darkest time of this project. But, I'm not sure if the developer or the owner of this project will hear them nor I could think that they will find a way to lift up their reputation after being busted by many exchanges where it was listed (e.g Binance). Maybe I'm wrong but doubted if the project still has the chance to regain its reputation as these investors and the community had look Luna as a scam.

R


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May 20, 2022, 12:58:52 PM
 #45

Today I bought about $ 20 luna, if I see the number of Luna's giveaway on Twitter, I'm sure Luna can rise, this is what makes me sure that buying when a very cheap precious coin is very promising. And we must know that Luna has a strong community and developer so it will be easy to rise.


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May 20, 2022, 01:34:06 PM
 #46

Luna price drop drastically and i think it needs a lot of time to revover. If the project developer works hard and make a new twist or strategy then maybe it will rise back in the near future, i already buy luna for just 10$ and wait till the price rise, 10$ is not a big loss if ever Luna didn't recover in the future so my suggestion buy and hold.

You should understand that the value of Luna can never go back to $100. Even the price of $1 looks unrealistic, since at this price, the capitalization of Luna will be more than $6 trillion. While the capitalization of the entire crypto market is now $1.2 trillion, and the capitalization of bitcoin is $570 billion.

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May 20, 2022, 01:47:26 PM
 #47

At first I thought it is worth risking but it seems the gravity of the problem is so severe the possibility is leaning more towards LUNA dying than recovering what was once lost. At this point, I cannot see any reason why investors would once again trust the project given what happened and given the fact that LUNA is not the only thing there is to choose. The cryptocurrency market is vast and there are a number of other options that are far better than LUNA. If I were one of those big investors of LUNA, I wouldn't trust them again.
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May 20, 2022, 01:49:47 PM
 #48

You should understand that the value of Luna can never go back to $100. Even the price of $1 looks unrealistic, since at this price, the capitalization of Luna
will be more than $6 trillion. While the capitalization of the entire crypto market is now $1.2 trillion, and the capitalization of bitcoin is $570 billion.
It's not realistic anymore to reach the price of $1 because everyone already knows the max supply currently circulating, the position of price investors maintains before the snapshot, because if the voting will approve the proposal for the v2 luna coin then the Luna Classic coin may no longer be valuable.
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May 20, 2022, 02:01:27 PM
 #49

The old version of LUNA was abandoned by the team, I think it is highly recommended to leave this project as soon as possible because sooner or later the old version of LUNA will be just a coin pump and dump. If the question is whether the old version of LUNA can recover to the tens it's very impossible, but at least if we buy at $ 0.000xx it will be very possible to make a profit even though it's been going down lately, at least the coin will have a flash pump usually.

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May 20, 2022, 03:36:13 PM
 #50

In my opinion, it will not return to its original price if it is still prioritizing ust because for your help, Luna's own UST value will sink and maybe become 0 because there are too many supplies outside

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May 20, 2022, 03:39:26 PM
 #51

https://www.binance.com/en/blog/leadership/czs-faq-8--on-lunaust-and-taking-the-right-risks-421499824684903883
CZ’s FAQ 8 - On LUNA/UST and Taking the Right Risks
2022-05-20
"As an investor, diversify your portfolio. Don’t put all your savings in one coin because it offers a high APY (Annual Percentage Yield).

In fact, stay away from super high APY investments. Those hardly last. High APY = high risk."

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May 20, 2022, 06:58:32 PM
 #52

Not at all. Luna lost Trust in the market the community support is gone. The revival plan flop. One important thing is that Reserves are now lost in the idiot behavior of the team. Next to it team made resignations. coin is in trouble.

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May 20, 2022, 08:54:59 PM
 #53

It is hard to tell, from the current state of things one can argue that it is impossible,  there is no hope to save luna judging by the decision of the ceo Do Kwon.
Assuming he agrees to what majority of the luna community wants which is to burn the excess luna perhaps it will be possible to save luna, but as it is now it doesn't seem achievable.

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May 20, 2022, 09:59:55 PM
 #54

I hope the LUNA team does the right thing in the end in order to help restore crypto's reputation worldwide. Otherwise, it'll take a long time before investors gain confidence in the entire crypto/Blockchain space. Right now, the Terra community and validators are divided on what the project's future direction will be. Some will support the fork, while others will support burning the existing LUNA token's supply. What will happen by the end of the month, is a mystery. A re-branding might be necessary in order to bring back people's trust.
They did bad things at start of the crisis and during the crisis, they handled it very bad. I don't trust that they can handle it well after the fork. They might create pump games for new LUNA after that but it might not be a successful new project. People want to gamble, there is a new game for them with new LUNA
It will of course be in the mud and of course it will not be used at all. There is a reality that we should be forgetting about Luna and move on in the crypto world. It has been talked about enough, and it is gone and it will not recover. Even the market itself started to recover while keeping Luna behind and it will stay that way for a long time as well.

I feel like the best thing we could do right now would be to make sure that we make a bit of a profit with other stuff. Even if you lost a ton of money then we should still not be worried about it because the money you lost on Luna could be made back from the other projects if you pick good ones.

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May 21, 2022, 07:57:09 AM
 #55

When Luna dropped now on the internet, many giveaway or airdrops promises that will pay with Luna, but from some of the programs that I have followed until now it hasn't gotten paid, it seems that many people use this to increase Luna again, but the most important thing for Luna is to immediately restore prices Or at least it can reach 50% of the initial price position in May, if the price does not recover in the near future then I'm sure Luna will disappear in the market.


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May 21, 2022, 08:26:16 AM
 #56

Changing conditions during the voting process
https://agora.terra.money/t/terra-ecosystem-revival-plan-2-amended/18498
"==== Amendment #1 ====

Some details of the token allocation have been modified in the proposal to accommodate community feedback - changes and reasoning outlined here. The proposal body has also been edited to reflect the changes in the amendment. If you’ve already voted and disagree with the changes, please vote “No” - you have 5 more days to do so.

Pre-attack Luna holders distribution - for all holders with a snapshot balance of 10k Luna or less, 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 mnth cliff. This is to ensure that small Luna holders have similar initial liquidity profiles. This would cover 99.81% of Luna wallets while only representing 6.45% of total Luna at the Pre-attack snapshot.
Post-attack UST holders distribution - 20% → 15%. This is to ensure that depeg related allocation is on par with the original stakeholder (pre-attack Luna) allocation. The 5% saved goes to the community pool.
Increase initial float: all initial float allocations modified from 15% → 30% to increase initial token float."

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May 21, 2022, 11:45:27 AM
 #57

I don't think Terra Luna will recover in the future, because this coin has sunk too deep and has been neglected by the management team, even if Luna is taken over by another manager I don't think the price will be able to exceed the achievements achieved a few months ago, because of trust  society towards LUNA is currently very critical.

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May 21, 2022, 01:13:44 PM
 #58

In my opinion, it will not return to its original price if it is still prioritizing ust because for your help, Luna's own UST value will sink and maybe become 0 because there are too many supplies outside
The developer must save both of them if they want UST and Luna to do well in the market because without rescue from the team, investors will certainly ignore them and will no longer see them in the future. Because what the Luna team needs are investors who want to care about their two products that are already in the market for now.
Fundamentals Of
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May 23, 2022, 01:02:40 AM
 #59

There seems to be a glimmer of light at the end of the tunnel. That's the situation right now as Terra (LUNA) has seen a 55% increase for its price for the last 24 hours. This might suggest that despite the fall there are still investors who are taking advantage of the cheap coins and bought much. But this does not mean to say that Terra (LUNA) is already on the road to redemption. Anything could still happen and this coin is still a very risky choice.
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May 23, 2022, 01:33:25 AM
 #60

It's not realistic anymore to reach the price of $1 because everyone already knows the max supply currently circulating, the position of price investors maintains before the snapshot, because if the voting will approve the proposal for the v2 luna coin then the Luna Classic coin may no longer be valuable.
And if Luna v2 can really happen, then the Luna team must also work and move again from scratch like building Luna in the past before the destruction occurred and this will obviously be very difficult for the team because it will not immediately gain the trust of investors in the future. at the moment.

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May 23, 2022, 05:32:14 AM
 #61

I don’t found any possibility that could let luna to recover in future. Only community support can let luna fly. But after that incident, nobody is willing to invest single penny for luna. And without public fund, luna can't do anything. Burning, making fork or others step wont help luna to recover. Trust is already broken, people lost everything, luna is dead and no chance to make everything normal like previous

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May 23, 2022, 06:27:10 AM
 #62

Luna price is so much down from week ago. Luna team invested so much to recover Ust but failed which result Luna token down further. Now it's looking very difficult for Luna to recover.
Buying Luna at current Situation is very risky because there is high chances that Luna team stopped Luna Contract and launch mew Token which probably will be best entry point because Luna team is good and can grow project fast.
Are we hopping that luna coin will grow or rise again? Many of my friends who invested in Luna is crying every day and blaming their selfs fir buying Luna, are We sure this coin can rise instead. What i only confirm from this, is that the chance Luna to rise again since it falls beyond control of any cryptocurrency. My question is that this coin resurrect?

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May 23, 2022, 01:30:23 PM
 #63

It's not the end of the world... Luna and UST investors can still claim their $CNDL bounties.
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May 23, 2022, 03:10:27 PM
 #64

It's not the end of the world... Luna and UST investors can still claim their $CNDL bounties.
My first time to heard that but is this a shit token bounty? I have checked on cmc and candle was another shit token. I guess what you are saying above actually fake. If this was true and all of luna holders have been trying to claim their bounties but i forgot that if this is a shit token. Claimed to be airdropped to the luna and ust holders may a bit funny but at least those luna and ust investors got penny.  Cheesy There will be another bounty for luna and ust holders called luna v2  Cheesy

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May 23, 2022, 09:38:49 PM
 #65

Tera has lost people's faith in the project. No one will put their money into Luna, thus I don't think it will recover if no one is prepared to put additional money into it. Luna has caused many individuals to go bankrupt and lose their whole asset, so why should anyone believe in this project again? There is no way Luna will ever regain its original value in the near future.

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May 23, 2022, 10:42:31 PM
 #66

The old version of LUNA was abandoned by the team, I think it is highly recommended to leave this project as soon as possible because sooner or later the old version of LUNA will be just a coin pump and dump. If the question is whether the old version of LUNA can recover to the tens it's very impossible, but at least if we buy at $ 0.000xx it will be very possible to make a profit even though it's been going down lately, at least the coin will have a flash pump usually.

yeah the old LUNA basically becomes a shitcoin, it has become a tool for market manipulation for anyone that has big capital. after all it has sunken down in terms of market capitalization and as you can see the volatility is too atrocious.
anyone with right mind should already abandoned this coin when they heard that the LFG gonna be making the new version of LUNA but as you can see some people just hellbent on making profit from the volatility thus the trading volume that's still high untill today.

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May 24, 2022, 01:07:50 AM
 #67

It's not the end of the world... Luna and UST investors can still claim their $CNDL bounties.

It doesn't mean anything. Terra (LUNA) even UST has lost so much of their value. Imagine LUNA hitting more than $100 only to fall hard down to even less than 0.001 cent. Even if the investors bought LUNA at $50, their loss is already beyond repair. No amount of shitcoins and worthless bounties will make up for it. This should not be offered as if this will somehow ease their pain and despair, because it will not. Terra should think of something else. 
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May 24, 2022, 01:26:22 AM
 #68

You should understand that the value of Luna can never go back to $100. Even the price of $1 looks unrealistic, since at this price, the capitalization of Luna will be more than $6 trillion. While the capitalization of the entire crypto market is now $1.2 trillion, and the capitalization of bitcoin is $570 billion.

Never say never. Dogecoin was once thought to never cross the $0.01 range, because it was taken by many as a joke. Right after Elon Musk started hyping it, DOGE's price rose all the way up towards the $0.50 - $0.60 range. Who would've thought this would happen with a worthless coin like Dogecoin? The same thing might happen with LUNA if the community does the right thing.

It's not about Do Kwon (Terra's CEO), but rather about decentralization. The community is the one responsible for the future direction of the project. If people in the community work together, they can help restore LUNA's confidence among mainstream investors and traders alike. Of course, investing in crypto does come with its risks. As long as you don't invest more than what you can afford to lose, you'll have nothing to worry about. Just my thoughts Grin

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May 24, 2022, 03:08:10 AM
 #69

You should understand that the value of Luna can never go back to $100. Even the price of $1 looks unrealistic, since at this price, the capitalization of Luna will be more than $6 trillion. While the capitalization of the entire crypto market is now $1.2 trillion, and the capitalization of bitcoin is $570 billion.

Never say never. Dogecoin was once thought to never cross the $0.01 range, because it was taken by many as a joke. Right after Elon Musk started hyping it, DOGE's price rose all the way up towards the $0.50 - $0.60 range. Who would've thought this would happen with a worthless coin like Dogecoin? The same thing might happen with LUNA if the community does the right thing.

But the thing is, is there anyone willing to risk their reputation hyping Terra (Luna)?  I am hoping that it will recover soon but with the current updates and news, the possibility of recovering is getting more difficult now that the Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard's Assets[1]

It's not about Do Kwon (Terra's CEO), but rather about decentralization.

It has something to do with him because he controls Terra(Luna)'s assets. 

The community is the one responsible for the future direction of the project.

The one who controls the asset of the project is the one responsible for its future direction.  The community already poured millions of dollars of investment into this company but it fail because the leaders behind the project are incompetent.  If only the community are the ones who dictate the future direction of a project then we can never see any failed project in the crypto sphere.

If people in the community work together, they can help restore LUNA's confidence among mainstream investors and traders alike. Of course, investing in crypto does come with its risks. As long as you don't invest more than what you can afford to lose, you'll have nothing to worry about. Just my thoughts Grin

If there is a community takeover then will the people behind  Luna transfer the remaining asset to the community? I bet no.  Will Luna recover?   Most community takeovers just bring a brief hype but later on die because of a lack of funds talent/skill that can keep the project running.  So a community takeover can possibly create another investment loss for the investors.



[1] https://news.bitcoin.com/korean-police-ask-crypto-exchanges-to-freeze-luna-foundation-guards-assets/

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NIKUBHI
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May 24, 2022, 05:10:18 AM
 #70

Everything can possible in the crypto world. But for Terra, It loos all the crypto community's trust and the project team was also not able to handle their blockchain situation thus the result Terra gets almost 0 value. This is very abnormal conduction for this project but it all happens due to their blockchain design. I don't think, we should look for Terra as an investment in future.
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May 24, 2022, 05:22:06 AM
 #71

It's not the end of the world... Luna and UST investors can still claim their $CNDL bounties.

It doesn't mean anything. Terra (LUNA) even UST has lost so much of their value. Imagine LUNA hitting more than $100 only to fall hard down to even less than 0.001 cent. Even if the investors bought LUNA at $50, their loss is already beyond repair. No amount of shitcoins and worthless bounties will make up for it. This should not be offered as if this will somehow ease their pain and despair, because it will not. Terra should think of something else.  
So true, at this point the price is already very low if not lowest. The coin hits rock bottom. I don't even know whether there's a future in Luna and ust. But seems like there's a lot going on on Luna's community. Will it recover in the future? The question is how long. It's gonna take a very long time, unless a miracle happens and boom it just go to the moon, but it's going to take a lot of money pouring into them to bring them back up once again.
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May 24, 2022, 05:38:36 AM
 #72

Luna is done. nothing happened with this token other than going even deeper from time to the another time. We have seen so many people have been loosing a lot of their money. UST holders are scammed. They are buying the stable coin with $1 for each and mostly of ust holders are loosing more than 94% their investment. This blockchain is done. Migrating into the new token will be only make the dead become even longer but the result will always be the same.

There's no possibility for terra luna to revive again. If do can have tens billions of money to repeg UST and this time luna may go up again.

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May 24, 2022, 05:43:52 AM
 #73

I don’t found any possibility that could let luna to recover in future. Only community support can let luna fly. But after that incident, nobody is willing to invest single penny for luna. And without public fund, luna can't do anything. Burning, making fork or others step wont help luna to recover. Trust is already broken, people lost everything, luna is dead and no chance to make everything normal like previous
In the end Luna will have the same fate as shitcoin and it is likely that investors will leave the coin when they have thrown everything away even though they have to accept losses and they certainly realize that there is no point in sticking with Luna because usually when the coin has experienced a 99.9% decline in the market it will be very difficult for the coin to recover and there is even a possibility that the project will die slowly.

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May 24, 2022, 11:57:44 AM
 #74

Terra LUNA Coin has a long way to go for recovery dip, after the CEO try to revolved the price dump from ATH $120 to $0.00002, and the price gradually coming up to $0.00021, and total supply has been increased, the only way i am suggesting, let the company implement method of burning rate as the trade goes on, keep burning down, it can be easily way for Luna to recover fast in the future time.   
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May 24, 2022, 12:51:21 PM
 #75

Never say never. ..

This has nothing to do with Luna, here it is necessary to operate with the figures that I gave in my previous message. After all, you yourself do not believe that the capitalization of Luna can exceed the capitalization of all coins, including bitcoin by 5 times. Just my 5 satoshi))

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May 24, 2022, 01:32:33 PM
 #76

I don't think, we should look for Terra as an investment in future.
People with sense will never see luna as an investment. that's only gamblers and scalpers. I see that so many people who used small amounts of money have bought this coin with the hope if the price will be going back again at the top in the future and they expect to be the next millionaire.
People with good fundamental analysis will not used this as investment other than try to gamble with the market. I would not be surprised to see that if there will be more and more tokens are loosing.
I hope that those are still gambling with this coin will realized if this is not a good coin anymore

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May 24, 2022, 05:56:36 PM
 #77

Luna is done you goofs, their ceo was a fraudulent  POS who is now getting exposed. Good thing I didn’t invest in that junk. ANYWAYS this market hasn’t bottomed out yet. Better buying opportunities are coming soon. Get the FIAT on standby GOODLUCK, BUY LOW SELL HIGH

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May 24, 2022, 09:59:58 PM
 #78

I read about this project and it concepts, its logical end what we have! They gives to much rewards and it need to end sometime, it comes now!

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May 24, 2022, 10:31:10 PM
 #79

I don’t found any possibility that could let luna to recover in future. Only community support can let luna fly. But after that incident, nobody is willing to invest single penny for luna. And without public fund, luna can't do anything. Burning, making fork or others step wont help luna to recover. Trust is already broken, people lost everything, luna is dead and no chance to make everything normal like previous
beside community support . Do Kwon and team must doing extraordinary action to create normal demand again to Luna, so far i know at this time demand in market was truely speculation not for real investment for long term like at first time luna launched. Burning, forking or anything else must able to recover faith from investors.


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May 24, 2022, 10:57:29 PM
 #80

Investors are not feeling well on this projects and probably that's the reason why it fells like a rock within months. So i don't think its easy for them to recover despite of the current situation as it's chan

Infact luna team has a plan to make a new token for investors, so on that case it will become so unpredictable if luna has a chance to recover because it seems they want to abandon the project and rely on their new token.
https://linktr.ee/cryptograil


Imo the re-launch could be quite interesting. There are a lot of speculators who will be tempted to jump back in. Saying that, I don't think it will be as big as ever before.
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May 25, 2022, 01:24:56 AM
 #81

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley
I would like to believe that he will recover because I got some luna but as I think it have no chance
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May 25, 2022, 01:33:55 AM
 #82

It's not the end of the world... Luna and UST investors can still claim their $CNDL bounties.

It doesn't mean anything. Terra (LUNA) even UST has lost so much of their value. Imagine LUNA hitting more than $100 only to fall hard down to even less than 0.001 cent. Even if the investors bought LUNA at $50, their loss is already beyond repair. No amount of shitcoins and worthless bounties will make up for it. This should not be offered as if this will somehow ease their pain and despair, because it will not. Terra should think of something else.  
So true, at this point the price is already very low if not lowest. The coin hits rock bottom. I don't even know whether there's a future in Luna and ust. But seems like there's a lot going on on Luna's community. Will it recover in the future? The question is how long. It's gonna take a very long time, unless a miracle happens and boom it just go to the moon, but it's going to take a lot of money pouring into them to bring them back up once again.

There must be a lot going on considering how worse its current situation is. There should be a lot of discussions because the situation is both terrible and urgent.

It is going to be very hard for Terra (LUNA) to recover. I agree that it takes more than a miracle for it to get back to its old state, and another miracle for its investors to trust the project again. But every day that Terra (LUNA) is still alive is a chance for recovery.
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May 25, 2022, 01:43:50 AM
 #83

I agree with the majority of the members here. It is difficult for Luna to recover as it was before the collapse. Unfortunately, Luna lost the trust of the community and turned into a coin for quick speculation and not for long investment. The currency team put a very promising plan to restore Luna’s position, but there seems to be a difference of opinion as well. It is difficult to regain the confidence of the entire community after what happened, but in any case, I hope that the rescue plan will succeed and the Luna coin will regain its position again because this will have a great positive impact on the crypto community.

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May 25, 2022, 11:02:19 AM
Merited by loveselenagomez (1)
 #84

Recover impossible because of Supply. I think Luna turn into a Memecoin like Shiba.
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May 25, 2022, 01:46:17 PM
 #85

Terra 2.0 is coming. With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community. Source: https://twitter.com/terra_money/status/1529451631263174656

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May 25, 2022, 01:46:35 PM
 #86

It is difficult for Luna to recover as it was before the collapse. Unfortunately, Luna lost the trust of the community and turned into a coin for quick speculation and not for long investment. The currency team put a very promising plan to restore Luna’s position, but there seems to be a difference of opinion as well. It is difficult to regain the confidence of the entire community after what happened, but in any case, I hope that the rescue plan will succeed and the Luna coin will regain its position again because this will have a great positive impact on the crypto community.
It is a money game and we are not the game and market makers so we don't know what will happen. The collapse of LUNA is massive and very terrible, unprecedented but let's see how this game will end in future. At least LUNA and Terra will not die. The vote for rebirth of Terra was passed and Terra 2.0 will be launched in 2 days.

The current token LUNA still have unclear future. It depends on community, exchanges and capital ventures, not Terra team. It is disappointed to see Do Kwon and Terra want to abandon it as soon as possible and leave it to community.

Recover impossible because of Supply. I think Luna turn into a Memecoin like Shiba.
Yes, if there is no burn of the token to reduce its total supply, it will be a Memecoin like Shiba Inu.

There are efforts from MEXC exchange to ask for community vote. If the vote is yes, they will use their trading fee from LUNA trading pairs in order to buy back and burn LUNA. If other exchanges can do the same, it would be massive.
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May 25, 2022, 01:57:08 PM
 #87

I would like to believe that he will recover because I got some luna but as I think it have no chance

A lot of traders bought Luna when its price was very low and now they have millions of coins that were purchased for $20. And now the natural desire of such holders is for the coin to return to the previous price and they get a profit of hundreds of thousands, or maybe even millions of dollars. But these are just dreams)

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May 25, 2022, 02:05:09 PM
 #88

A lot of traders bought Luna when its price was very low and now they have millions of coins that were purchased for $20. And now the natural desire of such holders is for the coin to return to the previous price and they get a profit of hundreds of thousands, or maybe even millions of dollars. But these are just dreams)
The proposal sucks because they only have one snapshot for pre-attack, another snapshot for post-attack. There are lot of division and loses for their investors in between pre and post attacks.

There is a simulator for airdrop estimation and if you look at it, the airdropped is terrible. Not yet including vesting and cliff time.

https://terrarity.io/luna-airdrop
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May 25, 2022, 03:11:22 PM
 #89

Luna is done. nothing happened with this token other than going even deeper from time to the another time. We have seen so many people have been loosing a lot of their money. UST holders are scammed. They are buying the stable coin with $1 for each and mostly of ust holders are loosing more than 94% their investment. This blockchain is done. Migrating into the new token will be only make the dead become even longer but the result will always be the same.

There's no possibility for terra luna to revive again. If do can have tens billions of money to repeg UST and this time luna may go up again.

If LUNA's reputation went all the way to the ground, then the best solution would be to do a re-branding of the project. Only then, investors' confidence will be restored giving us hopes to see a recovery in the future. A new chain dubbed "Terra 2.0" might not be enough to help restore LUNA's price close to its All-time-high. Times keeps going by, but we haven't seen any progress on the recovery plan whatsoever. Everything's been about talks and proposals, instead of concrete results. Prices for the original LUNA cryptocurrency are still less than a cent, so investing on the coin now would be nothing more than a gamble.

If all else fails, LUNA might become the next "meme coin" that will join the ranks of Dogecoin, Shiba Inu, among others. I hope such disaster won't happen again or crypto will be done for good. Just my opinion Smiley

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May 25, 2022, 03:53:41 PM
 #90

I would like to believe that he will recover because I got some luna but as I think it have no chance

A lot of traders bought Luna when its price was very low and now they have millions of coins that were purchased for $20. And now the natural desire of such holders is for the coin to return to the previous price and they get a profit of hundreds of thousands, or maybe even millions of dollars. But these are just dreams)
Many trader invested on Luna coin trough price really drop and I don't expected become long term holder and waiting Luna coin back to higher price or back above $70. Before going up until $70 and Luna coin reach only $0.01 they will sell all Luna coin holder, impossible with Luna coin back to higher price again and have thousand reason and drama from Do Know for the future, what ever with new Luna version update I don't care and not really interested to buy back Luna coin and hope can reach higher price at the future. I think not matter with how many years hold Luna coin because have been die and not profitable coin for investing.

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May 25, 2022, 04:13:08 PM
 #91

~snip~
I would like to believe that he will recover because I got some luna but as I think it have no chance

Little to no chance, only miracle could revive Luna back, the only thing that's holding on to where Luna has been priced right now is only those people who believed Luna will bounce back to $1 so they could Lambo all the way when it happens. However, with 6.5 Trillion supply that's close to impossible for a comeback even with $0.50.


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May 26, 2022, 09:15:37 AM
 #92

...I don't care and not really interested to buy back Luna coin and hope can reach higher price at the future...

The price of an existing Luna coin can only increase if the Circulating Supply decreases. This can be implemented by forking or buying coins from the market and further burning. It looks like the team decided to implement the first scenario, time will tell how successful it will be.

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May 26, 2022, 09:33:30 AM
 #93

I don't think the Terra (LUNA) project will recover in the future. They have a plan for Luna 2.0 right now, as you know, but I don't think it will work. Many people suffered serious damage and the Luna team managed this process very badly.


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May 26, 2022, 10:02:55 AM
 #94

Little to no chance, only miracle could revive Luna back, the only thing that's holding on to where Luna has been priced right now is only those people who believed Luna will bounce back to $1 so they could Lambo all the way when it happens. However, with 6.5 Trillion supply that's close to impossible for a comeback even with $0.50.
Many people realize that supply has increased by 6.5 Trillion so it is very doubtful that an increase of $ 1 even $ 0.1 is impossible, but maybe in Luna v2 it will touch $ 1 because of lower supply and distribution of vesting for pre and pre attack Luna holders.

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May 26, 2022, 10:06:55 AM
 #95

The price of an existing Luna coin can only increase if the Circulating Supply decreases. This can be implemented by forking or buying coins from the market and further burning. It looks like the team decided to implement the first scenario, time will tell how successful it will be.
The supply will not decrease because the team is not optimistic about burning tokens based on requests from the community, the team only provides the burning address but the team itself does not send Luna to that address not even suggest for users to burn their tokens, I don't know what the team plans for the best decision for communities other than the Luna token version 2.


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May 26, 2022, 02:35:14 PM
 #96

In the end Luna will have the same fate as shitcoin and it is likely that investors will leave the coin when they have thrown everything away even though they have to accept losses and they certainly realize that there is no point in sticking with Luna because usually when the coin has experienced a 99.9% decline in the market it will be very difficult for the coin to recover and there is even a possibility that the project will die slowly.
Investors already left the project, the few that has any money in it, do not have much and it all worths nearly nothing. SO there is nothing wrong with considering them as a gone project that will not make any money at all. I personally feel like there could have been some things done for this project, but it wasn't done and the team just screwed it up, I do not see it going any other way.

I get that it is not going to be easy for people to recover from such losses and because of that the crypto market will stay low, but that happens in crypto all the time nad we just need to give it some time for enough money to go back into crypto to go back to where we were.

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May 26, 2022, 05:35:00 PM
 #97

I think with what happened recently to terra luna, it's very unlikely that terra luna will recover and will increase again, considering that LUNA price has dropped almost 100% and most promising platforms like binance have removed LUNA from their list, and recently I also saw that the Tokocrypto-class market also removed LUNA from their list, thus making LUNA even more lost from crypto, I don't think that Luna will recover even for a moment,

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May 26, 2022, 06:19:07 PM
 #98

I don't think terra luna will grow again in the future because the development team of this project has left the project, and we need to know together that if binance has removed the LUNA token from their list, of course this is a big blow to LUNA, although previously this was very rare in the binance, I think as time goes by LUNA will disappear from crypto.

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May 26, 2022, 11:53:24 PM
Last edit: May 27, 2022, 12:21:36 AM by NicNacCoin
 #99

I don't think Luna can stand up.The team has given up hope. And all the investors have moved away from here. They had invested and lost money and dropped out of Luna.However, they are thinking a lot to recover but it does not seem to be a recovery.They are bringing big news with plans to recover Luna. But I don't think it will ever recover.

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May 26, 2022, 11:59:10 PM
 #100

I don't think terra luna will grow again in the future because the development team of this project has left the project, and we need to know together that if binance has removed the LUNA token from their list, of course this is a big blow to LUNA, although previously this was very rare in the binance, I think as time goes by LUNA will disappear from crypto.

Luna is been establish coin in crypto market if they create another coin which is their plan for recovery and their whales will support their plans then for sure their recovery mode will happen but expect that it will take time for them to do is knowing how big the issue happen to them. Maybe for now they are picking up their selves and planning things out so that there will be no huge problem will occur on their future plans.

R


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May 27, 2022, 11:30:10 AM
 #101

The proposal sucks because they only have one snapshot for pre-attack, another snapshot for post-attack. There are lot of division and loses for their investors in between pre and post attacks.

There is a simulator for airdrop estimation and if you look at it, the airdropped is terrible. Not yet including vesting and cliff time.

https://terrarity.io/luna-airdrop
Well, what can we expect for this kind of projects? They aren't professional ever since the start but at least some people can get something in return. I guess that is better than nothing at all? But, if you still considered the amount is shit then that was your problem anymore. You can just give your coins back to the address that you see in your wallet or you can give it to someone else. That should fix your problem.

I don't think the Terra (LUNA) project will recover in the future. They have a plan for Luna 2.0 right now, as you know, but I don't think it will work. Many people suffered serious damage and the Luna team managed this process very badly.
Maybe this can work for those who are new to luna because they will pick up this coin and the reason why is because luna is still on the news. The hype was still there but for the old luna investors I think they already learned their lessons. They already feel bad losing millions and billions. Seeing this luna 2.0 can only be an insult to them.

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May 27, 2022, 11:41:51 AM
 #102

The old version of LUNA has been tried by the devs to recover even to the point of spending the reserved bitcoins to make the UST to its original price but that's not enough. Precisely by spending bitcoins for UST they get nothing but regret spending it until they close all old LUNA protocols and ecosystems. But they will be responsible by replacing it with a new version of LUNA which is much better.

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May 27, 2022, 05:00:22 PM
 #103

For me it can be recovered, but I could not invest in this currency, because the behavior of the chart is like that of the bubbles, it is like forgiving a girlfriend who has been unfaithful to you, at the least expected moment she will do the same to you and there will be no going back, it is also not the only cryptocurrency with a future, there are many more that are close to BTC that can have a more positive behavior and that can generate more confidence, in fact I am a follower of cointelegraph and they always put the analysis for LUNA, and although Luna was never to my liking, sometimes she participated in what cointelegrpah said.

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May 27, 2022, 05:27:10 PM
 #104

I think recovery of Luna is impossible because Luna team has decided to launch new coin and make the old coin named Luna classic . And after a time the old Luna coin which is Luna classic will be suspended. And they will fully focus on new coin . So that the reason which I think that old Luna coin will unrecoverable in future

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May 29, 2022, 01:26:51 AM
 #105

I don't think the Terra (LUNA) project will recover in the future. They have a plan for Luna 2.0 right now, as you know, but I don't think it will work. Many people suffered serious damage and the Luna team managed this process very badly.

If investors' confidence is lost, it'll be quite difficult to get things back on track. A re-branding would've been a much better choice, instead of creating a new blockchain with the same old name. Some people even recommended the LUNA team to burn existing tokens in order to restore the cryptocurrency's price on the market. This is all a disaster that will probably shift away people's attention from crypto into something else at least within a short amount of time.

What will happen in the future with LUNA is only a mystery. I'll be a miracle if Terra rises from the ground up after all it's been through. If it does, then demand for crypto will soar towards new heights. Just my thoughts Grin

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June 02, 2022, 09:50:18 PM
 #106

Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery

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June 02, 2022, 10:27:46 PM
 #107

Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery

The new Luna suffered a huge crash -62.3% six days ago but it's still good, it's still in a speculative stage, and there are still a lot of risks involved, some exchanges are adding it now, but at this point in time I'm not ready to trust them, like what you posted they keep the new Luna moving and concentrating all their efforts but they are abandoning their old Tera which is the now the classic one  https://www.coingecko.com/en/coins/terra-luna-classic, sure some investors take the risk and invested here but I doubt if they will take the old Luna seriously.
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June 02, 2022, 10:50:51 PM
 #108

Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
even valuation of the new luna isn't that high, also the distribution of the new luna is heavily vested making recovery for the veteran holders of the luna just hardly being realized.
after all, so many has lost trust in luna team since the thing that they did after incurring losses in so many of their faithful luna holders is just ridiculously forking their coin.
maybe they just meet a dead end and forking could some how give them a new chance of rebuilding luna but it seems like the veteran holders are just being abandoned.

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June 02, 2022, 11:01:27 PM
 #109

Terra (LUNA)'s been going downhill at a very fast pace ever since UST lost its peg a few days ago. It went from its ATH of $120 to just $0 in a few days. Right now, the cryptocurrency is struggling to reach $0.01 as investors continue to sell it like crazy. Supply is increasing at a very fast pace, as the team tries every effort possible to help restore UST's peg. Given how low Terra has fallen, I wonder if investors will gain back confidence in the project sometime in the future? Crypto is highly risky so either LUNA dies or rises from the ground up.

What do you think? Are there hopes for LUNA to recover some time in the future? If not, why? Is it a great idea to buy the dip now? Your input will be greatly appreciated. Thanks in advance. Smiley

I think it is not a good idea to buy them now because there is no hope for this. You can take a look at the NFT projects, some of them are garbage. But there are a few great projects with high potential. I am following one blockchain-based game "reptile chronicles" now. They have such good artworks and novels, this reptile fantasy vibe reminds me old classic fantasy world. Have you heard about this project? What do you think about it?
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June 02, 2022, 11:05:45 PM
 #110

Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
i dont see huge interest from big investors to Luna since its drop sharply only in few days, many survival plan proposed by DO Kwon and so far still not accepted well by community. price still ranging with high volatility in market , traders or investors only taking profits for short term periode. they still affraid with unclear product developtment in Luna 2.0 , is it still be same with existing or not.


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June 02, 2022, 11:25:34 PM
 #111

I think recovery of Luna is impossible because Luna team has decided to launch new coin and make the old coin named Luna classic . And after a time the old Luna coin which is Luna classic will be suspended. And they will fully focus on new coin . So that the reason which I think that old Luna coin will unrecoverable in future
I agree with you, your words are logical, if the team wanted to revive the old coin, why did they create a new coin? Why do I invest in the old Luna and there is a new Luna that they say will make me make up for my previous loss, although I do not agree with what the Luna team has done, there is nothing expected in the crypto market, we may witness a pump in the price of the new coin after it is adopted and supported, and when we are in the bull season, we may make good profits from it, as the new Luna from its launch and achieved remarkable heights on exchanges.

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June 02, 2022, 11:33:42 PM
 #112

I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.

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June 02, 2022, 11:42:58 PM
 #113

I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.
Impossible Terra Luna recover to higher price again although have new version kinds of Luna coin and now success list with price above $9, never have second chance for investor put their money on scam coin and give chance for scam developer. I think need careful with investor still active trade and invest on new Luna coin, I have bad feeling with new Luna coin price now above $9 will get drop like old Luna coin and become drop under $0.0001 again and could be second time to see how much money losing on Luna coin.

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Abiky (OP)
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June 08, 2022, 10:41:05 AM
 #114

I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.

Only the supply of Terra Classic kept growing at a non-stop rate (not sure about now). But the new Terra chain will only have 1 billion coins in circulation. Just like you said, the project has lost the trust of all of the investors. It's going to be difficult (if not impossible) to bring the project back to the way it was. With better alternatives on the market, only a small number of people will switch to the newly-created chain.

Whenever it'll have a future or not, will greatly depend on the community itself. If developers, individuals, and startups/companies work together, Terra 2.0 will be going somewhere. Otherwise, not. Crypto behaves in many strange and bizarre ways so anything could happen in the future. Just my thoughts Grin

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spiker777
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June 11, 2022, 08:13:39 AM
 #115

Team try to distract user from luna's original and already changed it as luna Classic. No plan has been seen for luna, rather they are more excited focusing on new luna. They have fund & keep adding new luna with exchanges. keep promoting by creating another hype but it isnt easy to regain the trust of public. Luna 2.0 come, forked done but less than 1% recovery has been done. So no way for future recovery
Luna 2.0 was listed in exchanges by themselves. I don't think Luna devs paid any money for that. it was probably part of their agreement when listing their original Luna. all exchanges have to support any update and migrations.


I don't think the price of LUNA will return to the way it was because LUNA has lost the trust of all investors and I also found that the total supply of LUNA continues to grow. the team has failed to return the UST price and this is the end of the big altcoin called LUNA which was once in the top 10 of CMC, which is to become a meme coin.
total supply of Luna is not growing since 3 weeks. they stopped minting already. and there will be no more new luna minted now. it was confirmed by Do Kown and Binance CEO in twitter.

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June 11, 2022, 10:51:30 AM
 #116

Many hoped that Tera Luna would recover. Others exchanges assured that they would bring Luna under recovery.Team Luna launched Recovery Luna 2.0 but it didn't work.Many investors have made huge losses from here. Investors had high hopes that the market could recover.But everyone had false hopes.Luna will never be able to recover. Those who talk about recovery may not be able to do any analysis about the market.
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June 16, 2022, 09:43:12 AM
 #117

The old version of LUNA has been tried by the devs to recover even to the point of spending the reserved bitcoins to make the UST to its original price but that's not enough. Precisely by spending bitcoins for UST they get nothing but regret spending it until they close all old LUNA protocols and ecosystems. But they will be responsible by replacing it with a new version of LUNA which is much better.
the old version has been changed to Terra Classic (LUNC) and made a new Terra (Luna), this is definitely something the last action that can be done after various actions have been done but is unable to bring it back even as you say it becomes even more loser.
we appreciate that they continue to strive to be responsible and try to bounce back, but from the first time the new version was released until now, there has been a price drop of almost -87%.
Is this a sign that investors still haven't recovered their confidence in what they are doing? Of course it's still too new to decide, there's still a long way to go to recover, but they're always optimistic.

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June 16, 2022, 09:47:44 AM
 #118

Everything just happened. I think expecting the old LUNA to return to the price of the old LUNA is pretty much impossible. They have stopped developing the old version of LUNA, cut off the LUNA-UST protocol and ecosystem so that the supply remains constant and whatever future conditions are left to the community. Even if the old version of LUNA were to skyrocket it might still be impossible to ten dollars.

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June 16, 2022, 09:57:30 AM
 #119

Indeed it is impossible. Mainly because Terra has lost peoples trust. Even if they promise something special or make investors rich, they can change history. Even when time passes, a lot of people still would remember how huge Terra price drop was. If a person was burned once, he would never put his hand in fire again. If we open a list with cryptocurrency, we would see that forks or classic, or altcoin 2.0 never reached similar price or success like original altcoin.

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