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Author Topic: LUNA vs LUNA 2.0  (Read 664 times)
Mark301 (OP)
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May 27, 2022, 10:27:36 AM
 #1

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
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May 27, 2022, 11:30:09 AM
 #2

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
Neither of them.
People that will buy and trade them have one purpose and that's to take the moment while there's a huge volume and liqudity for both tokens. But eventually, if you're thinking of long term with them, that's the bigger question because most likely everyone is going to dispose them and ignore after the hype's gone and they're all done. Should you buy it, be careful of what you're doing because you don't know if the trading goes back for it, everyone is going to act very fast for their own gains and positions.
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May 27, 2022, 11:43:26 AM
 #3

Speculating on the original is fine just understand there are 6 trillion tokens out there so it will never be worth more than a satoshi or two. Avoid the new one entirely because it is an attempt to bail out the owners of the original coin at your expense. As soon as you put a dollar in, they'll pull a dollar out hoping to recoup a few percent of their original investment. Trust me you don't want to be the guy supply capital to a dead coin.
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May 27, 2022, 01:50:42 PM
 #4

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
It will not worth anymore to hodl LUNC. The airdrop will give free money for people. If you will be owning both and im sure that if you are also aware about this too. LUNA 2.0 will not the same like what happened with the first luna during its peak performance.
LUNA 2.0 will get less trust from the investors and mostly of big companies will never trust this developer who develop luna again. There will be a massive change to happen with the new luna.

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May 27, 2022, 02:02:20 PM
 #5

No body could tell what will be the fate of these two coins. It can be the next ETH and ETC, may be LUNA 2.0 would reach $100 again just like before or maybe people who previously invested on it will completely leave it. For sure all investors who got REKT or liquidated from the previous crash would curse this coin and promise themselves not to invest again in LUNA.

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?


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d3nz
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May 27, 2022, 02:48:05 PM
 #6

LUNA 2.0 will get less trust from the investors and mostly of big companies will never trust this developer who develop luna again. There will be a massive change to happen with the new luna.


Probably the value of LUNC will surely plummet really hard after the availability of trading of new LUNA on exchange. I don't know what would be the purpose of LUNC since there is already a new one so there is also a probability that they will dispose of it, or use it as cash milking since they will also take advantage of it.

And, I think that new investors will buy this new Luna 2.0 to take advantage of the market since a lot of old investors/holders will dump their LUNC and LUNA after the airdrop.
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May 27, 2022, 02:48:28 PM
 #7

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
It is very difficult for Luna to gain trust in the future, many people have lost such great assets on this coin before, it is better to find another, more powerful coin, than trying to buy back this coin, of the many coins I have observed, almost none of the new coins can strengthen again after such a low price drop, so be careful if you want to buy back the luna 2.0 coin
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May 27, 2022, 02:51:35 PM
 #8

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.

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May 27, 2022, 03:03:42 PM
 #9

There is one thing that I have come to understand in the crypto space, once you fucked up the trust that investors have in your project it's the end, in crypto space investors trusts isn't something you can joke with and later try to build again, it's never going to work.
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May 27, 2022, 03:46:25 PM
 #10

no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.
I'm not sure the feedback from Binance and other exchanges only supports updating of new Luna coins, so not to support internal development of new Luna projects but as exchanges it might be normal to re-listed trades after changes to blockchain or smart contracts.

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May 27, 2022, 04:03:07 PM
 #11

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?

I don't hold Luna myself and i also never held any Luna so i don't follow the development of that project that closely, but of course i am also aware of the event that happened with Luna and UST, where the stablecoin could not hold it's price which caused people to start panic selling which made things even worse of course and started a downward spiral that could not be stopped.
As far as i know Luna Classic stays the same as it was before so i doubt that i will gain significant value again. Luna 2 tries to improve on the stablecoin algorithm but of course everyone still associates Luna 2 with the classic Luna which is a bad thing because of what happened.

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aioc
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May 27, 2022, 04:09:02 PM
 #12

There is one thing that I have come to understand in the crypto space, once you fucked up the trust that investors have in your project it's the end, in crypto space investors trusts isn't something you can joke with and later try to build again, it's never going to work.

I share the same opinion, in Cryptocurrency there is no such thing as a second chance, Do Kwon is doing this to salvage his tarnished reputation, not for investors to regain their investors, which is unlikely to happen, no way they can get their all-time high again, best for him is to take a back seat and someone who is more worthy of trust to run the project, people hate to see Do Kwon on media he is a scourge in the community.

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May 27, 2022, 04:10:35 PM
 #13

no one knows the future of LUNA 2.0 but I think their future will be bright even better than the previous LUNA. The thing that makes me sure is why the Terra LUNA team can get their trust back because they have received positive feedback from big exchanges like Binance and MEXC. I'm sure the exchange class isn't easy to decide if the coins listed on their market are potentially bad then they won't be listed.
I'm not sure the feedback from Binance and other exchanges only supports updating of new Luna coins, so not to support internal development of new Luna projects but as exchanges it might be normal to re-listed trades after changes to blockchain or smart contracts.

I agree with you,,,, even if there is feedback from binance it's just support for updating coins, but it depends on how the LUNA development team responds, but I think luna is difficult to make coin renewals because of trust users and investors have lost to LUNA even though changes have been made.

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May 27, 2022, 05:57:41 PM
 #14

whatever it is I will not believe it and will not return to investing with Luna, now I have resigned myself to the loss of my money because of Luna, but I am very optimistic that if the crypto market recovers then my lost money will be returned by Ethereum, Binance, Solana and polygon (MATIC), because right now I'm still holding the its coin,

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May 27, 2022, 06:02:19 PM
 #15

IMO, any coin or token coming from former LUNA/UST is a risk to invest in. What is the assurance that what happened will not repeat itself? I think peoples trust on LUNA ecosystem has been seriously eroded. It will take years to rebuild the trust. While they may be conducting airdrop, people are only seizing the opportunity to grab the tokens and will likely sell off quickly when opportuned. It will no longer be the same. To a some extent, the image of the Luna team as well as the founder, Do Kwon, has also been dented. People may need to take precaution in projects the team members are involved in.

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May 27, 2022, 06:19:30 PM
 #16

For the time being I'm not interested in the changes that are happening to Terra Luna, whether there's a token based on LUNA version 2.0, for the time being I'm only focusing on coins that have bright potential and prospects such as Ethereum, Binance, Solana, Polkadot and matic, because I think the coin has a great chance of being able to return the money I lost when I invested in Terra Luna some time ago.

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May 27, 2022, 06:25:28 PM
 #17

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
The opportunity for Luna to strengthen again is definitely there, as long as they take different steps and developments, indeed if you look further, Luna finds it difficult to restore people's trust in investing in them, but if this can be developed properly, then that understanding will disappear by itself and I believe if this is done, then people's beliefs can change with the evidence they produce

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May 27, 2022, 06:30:39 PM
 #18

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?

SHIT vs SHIT v2.0

Anybody still falls for this scam, he/she deserves to lose all his/her money.

I remember what Bitfinex did when they got "hacked" and lost a few hundred million dollars. They came up with a token which was based on the missing dollars of Bitfinex. In other words, they tokenized their debt. What LUNA team is doing is pretty similar. Anybody buys this crap is donating their hard earned dollars to the whales.




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May 27, 2022, 06:45:37 PM
 #19

No body could tell what will be the fate of these two coins. It can be the next ETH and ETC, may be LUNA 2.0 would reach $100 again just like before or maybe people who previously invested on it will completely leave it. For sure all investors who got REKT or liquidated from the previous crash would curse this coin and promise themselves not to invest again in LUNA.

Will it be worthwhile to hold and trade LUNC, and will LUNA 2.0 regain trust and position?
too hard to go back 100$ for LUNC born again from luna. if measured by speculation reaching 100$, the volume exploded could exceed bitcoin, maybe if they burned LUNC tokens up to 90% it could be their new coin soaring high. on the other hand it is very difficult to move the LUNC coin to become a coin that people like, it could be otherwise no one likes it like it used to. because it has disappointed many investors.

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May 27, 2022, 08:14:49 PM
 #20

~snip
maybe if they burned LUNC tokens up to 90% it could be their new coin soaring high

LUNC total supply in circulation is up 15000x from circulation prior to de-peg, so 90% reduction would not do much, 99,99% burn is needed to get back on the beginning, and that would not happen
nevertheless, is this LUNC chain dead from tomorrow, or it will have some purpose, not sure from what I can hear from Terraform Labs

what is interesting is that Terraform should be excluded from the airdrop, so LUNA is becoming community chain after all, and will be interesting to watch from sidelines what will happen with it

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