Will LUNA's downfall scare away investors from the crypto market?

[Kavelj22]

I think when the terra project tries to recreate a new coin which is currently called LUNA and the token that was previously LUNC then it will still not be able to give trust to investors and whales again, the founder of terra in my opinion is very lucky because it is still alive and well. do not run into hiding because there are several other projects that have developed well and one day collapsed, causing the founders and developers to leave the project.

I think all the projects developed by Do Kwon are not very interesting anymore and it's better to try other altcoin projects and make this terra an important lesson that cryptocurrency has a very high risk.

What is happening with the new version of it is only an attempt to silence public opinion and to make them be patient with those who lost their savings because of Luna, including the trading platforms themselves that must list the new currency in the hope of recovering as much money as possible which They lost by the Luna collapse.

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[fosco333]

Yes of course, many investors has been affected by this LUNA case.
Im sure there are many people bought LUNA, because the market cap is already big before.
Many people are afraid that USDT will end like UST, it will lose value far from 1:1 with USD.

[serjent05]

What is happening with the new version of it is only an attempt to silence public opinion and to make them be patient with those who lost their savings because of Luna, including the trading platforms themselves that must list the new currency in the hope of recovering as much money as possible which They lost by the Luna collapse.

The new version is the other way of the developer to milk the project aside from what you stated.  It is obvious from increasing daily emissions to forking the original chain of Luna.  The airdrop is just some strategy to shut the complaint up while abandoning the holders of the old chain supporters.

Even the new luna that was created in order to make the veteran holders feels reimbursed was such a massive failure, doesn't mean it gonna makes everyone hesitant in investing in major coins instead, the brand luna already being judged as really bad and I doubt the new luna gonna survives.
Instead most of the people gonna sticks with ETH and bitcoin

I agree the airdrop is to make old holders feel that they are being reimbursed but the result was really a joke.  They are giving old holders a token that is made out of some code with unknown value in exchange for their huge money losses.

[romero121]

Even the new luna that was created in order to make the veteran holders feels reimbursed was such a massive failure, doesn't mean it gonna makes everyone hesitant in investing in major coins instead, the brand luna already being judged as really bad and I doubt the new luna gonna survives.
Instead most of the people gonna sticks with ETH and bitcoin

I agree the airdrop is to make old holders feel that they are being reimbursed but the result was really a joke.  They are giving old holders a token that is made out of some code with unknown value in exchange for their huge money losses.

Through different ways the team have been trying to gain back the trust. This isn't possible with the team anymore, because the loss encountered by the investors were very big and what they have got back is nothing through the new project. This restricts new investors think twice or thrice before getting into cryptocurrency, because when such a huge loss happens we can't claim to some authority.

[LUCKMCFLY]

The crash has even caused many big management fund and famous altcoin project gets shaken their holding/reserve that usually includes luna since it's one of the highest ranked altcoins back then.
Its enough to make most so hesitant in investing and kinda shows how cryptocurrency regardless of the rank is weak against such massive crash.
As you could figure out, the luna v2 value is also going down as the time goes, it means no one really trusting luna even with their new luna.

The truth is that a second LUNA or LUNA 2.0 is something that no longer works, this is the same thing, investors will no longer have the same confidence in the currency, I think they did it wrong, they should have assumed the loss or the dump so impressive and let it die, I think that here they played with the expectations of the investors, it seems to me that it is even worse, they should have distributed the money that they had left among those who were the hodlers, if they really had a list of the hodlers.

[Samurai trieng]

indeed very many investors suffered losses due to the fall in LUNA prices, but I think the decline will not affect the mentality of investors, of course profits and losses are something that is very common in crypto so they will never be afraid to invest other coins , but they will never trust again in the next LUNA development, in fact they will be more aggressive to return their money by investing other coins that have good potential.

[Bonenx14]

indeed very many investors suffered losses due to the fall in LUNA prices, but I think the decline will not affect the mentality of investors, of course profits and losses are something that is very common in crypto so they will never be afraid to invest other coins , but they will never trust again in the next LUNA development, in fact they will be more aggressive to return their money by investing other coins that have good potential.

The investor mentality did not collapse, but on the other hand they were also disappointed even though they had to keep investing in other coins in order to recover from the loss of money through Luna that they had experienced. But believe that investors will not immediately believe in new projects anymore and this is a very detrimental thing for new projects now.

[helloinox]

LUNA scares away and triggers a sense of fear in every investor I know. That once a crypto crash, there is no point of return and you could lose 99% of its worth in less than a few weak. This led to a massive sellout and forced the site with 'swap, earn, borrow and send' model becomes risky. Many of them have already halted and freeze withdraw cite to the market uncertain.