Luna 2.0 keeps falling

[makishart]

I still keep Luna on Binance even though many are pessimistic about LUNA's future but I'm optimistic that the team will immediately take quick action to restore LUNA, the many negative speculations about LUNA certainly don't make us panic by immediately selling LUNA.

Is that true? It seems like that what you have been saying above was lie. If hodlers are not panic and why they are dumping their new token. The old tokens are also dumping so hard. So, you are luna die hard that still become delusional about the future of luna. This coin has no future since it was dumped to the zero value. Action already taken and the result was the same and so what's the differences?
There's no different. Do kwon may be jailed very soon.

[Rigon]

Not going to fall Allready fell. Many had hoped that Luna 2.0 could grow since its launch in the market.But everyone's arrival was completely dusted. We can see that Luna 2.0 is merging.Luna will never be able to rise again.The coin that has turned into a scam project will never be in a high position among all.

[Mame89]

Looks like things are not looking good on Terra Luna and Do Kwon, there's an article coming out from Cointelegram, that will put Do Kwon in a bad light to the SEC, there are also charges of tax evasion and market manipulation in South Korea, I guess he's now paying to all his arrogance action, he'll need a lot of money to protect him and hs company from all these lawsuits.

https://cointelegraph.com/news/appeals-court-rules-do-kwon-terraform-labs-must-heed-sec-subpoena-served-in-september

SEC is also investigating whether Terraform violated investor protection regulations before the Terra collapse. Terraform told Bloomberg in a statement that it was unaware of that investigation.

maybe it's fitting for the luna founder to be on the dark side. Many people think that if Luna's founders are still alive, they can still make a scamer project damage the reputation of crypto, by having large capital stored they can grow. and maybe a lot of people would be happy if this do kwon was really in jail. Yes, even though the victim's loss doesn't come back

I don't see any hope for Luna to survive because its reputation has been totally damaged and ruined. The people behind Luna should pay for what they did but those who lost a lot should move forward because there's no way for them to gain their investment funds back and that's the risk of investing with a nonpotential coin. Life must go on for them and they should find other ways to earn again because the journey of crypto investment doesn't end there. It should serve as a lesson for everyone that not all investments succeed so we must be wise in picking coins that we're buying.

right will not succeed in repairing the goodness that has become his fault 100% total. no matter what the luna team has done, it can't be trusted, for me this is enough to know and stay away from the project not to hate but to anticipate. this is really a lesson for all project founders so that no big incident will happen again. legally it must be commensurate with what was done

[Quidat]

Not going to fall Allready fell. Many had hoped that Luna 2.0 could grow since its launch in the market.But everyone's arrival was completely dusted. We can see that Luna 2.0 is merging.Luna will never be able to rise again.The coin that has turned into a scam project will never be in a high position among all.

What would you expect? Its mother coin had plummet out then expect that version 2 or any forked coins out of it would really be the same thats why its not really that surprising
that it had suffered on the same fate on which price had decline which is something not new because once trust is broken in the community then there's no really chance for you
to get a second chance on getting some solid support which do make the reason for some increase so dont get surprised with this matter.

[Cornia]

Not only Luna 2.0 but also Bitcoin, Altcoin and Total Crypto Market keeps falling now. And Luna 2.0 will fall in this market condition, but the challenge now is to survive. And since people's trust in Luna coins has diminished, Luna bleeds more than other coin in the crypto market.

[LUCKMCFLY]

It is that the investors of Terra/Luna will never be able to trust this project more, it is logical, those who say that this project will resurface are committing madness, because they will never be able to do it, since this project was marked, rather the investors are very upset as for them to tell you something like that, because no one will want to invest in a project that at the level of trading and investment is totally failed, I see it that way and the way I see it, many people see it, rather what they can put the money is in BTC which is the currency that can never disappoint.

[tbct_mt2]

It is safer to hold Luna Classic, not Luna 2.0. Because all the shits happened with Luna Classic, now it is time to clear all the shits and move toward future, a brighter future.

With Luna 2.0, all shits have yet been revealed so there might be more in future. I mean personally I see more risk with Luna 2.0 than with Luna Classic.

You can see in the last few days, Luna Classic holds its price too well even whole market is in pain.

[Oshosondy]

It is safer to hold Luna Classic, not Luna 2.0. Because all the shits happened with Luna Classic, now it is time to clear all the shits and move toward future, a brighter future.

With Luna 2.0, all shits have yet been revealed so there might be more in future. I mean personally I see more risk with Luna 2.0 than with Luna Classic.

You can see in the last few days, Luna Classic holds its price too well even whole market is in pain.

Wit what I have observed, both coins are just like the same thing, though I read some people's view on Coinmarketcap when Luna 2.0 was created that people should not use the coin and that they are only waiting for their airdrop and sell the coin (the airdrop). But old Luna which is now Luna classic (Lunc) is having almost the same price volatility similarity with the new Luna. I believe if one becomes dead, the other will become dead too.

[Coyster]

Not only Luna 2.0 but also Bitcoin, Altcoin and Total Crypto Market keeps falling now. And Luna 2.0 will fall in this market condition, but the challenge now is to survive. And since people's trust in Luna coins has diminished, Luna bleeds more than other coin in the crypto market.

It is not the same thing, you are somewhat making a mistake, you cannot compare the plunge of btc with that of Luna, or any other shitcoin/altcoin for that matter, you must take into cognizance that most altcoins including Luna are pump and dump shitcoins that only pumped in the network due to hype, and quite a lot of them die when the hype is over, they dump and do not rise again, these are the sort of coins you sell the moment you make ROI or immediately they start to crash so you do not lose your money, because if you think of hodling it for it to rise again, then you'd be making a grave mistake.

Bitcoin is different, it has an actual utility and is definitely not a pump and dump coin, the price of bitcoin can plunge for the short term, but one thing is certain, and it is that it will rise again, it is a long term coin, thus Bitcoin investors aren't really worried about its short term movement, except of course for get-rich-quick investors.

[Iadegbola34]

It will continue to dump so hard because the project is an obvious scam. Lunc just crashed some few weeks back ripping investors of their hard earned money and amidst the unrest came LUNA 2.0. Who would dare trust the project with their money again? No sane person would.

[robelneo]

It is safer to hold Luna Classic, not Luna 2.0. Because all the shits happened with Luna Classic, now it is time to clear all the shits and move toward future, a brighter future.

With Luna 2.0, all shits have yet been revealed so there might be more in future. I mean personally I see more risk with Luna 2.0 than with Luna Classic.

You can see in the last few days, Luna Classic holds its price too well even whole market is in pain.

Wit what I have observed, both coins are just like the same thing, though I read some people's view on Coinmarketcap when Luna 2.0 was created that people should not use the coin and that they are only waiting for their airdrop and sell the coin (the airdrop). But old Luna which is now Luna classic (Lunc) is having almost the same price volatility similarity with the new Luna. I believe if one becomes dead, the other will become dead too.

They will both die because of the loss of trust from investors because of Do Kwon wrongdoing the market is dipping and both coins are holding on to their lives and Do Kwon will have to deal with the authorities, it looks like it is a time bomb waiting to explode, for those who are still holding think deep if you still want to HOLD these two coins or cut your losses, I think the latter is a much better choice.

[ForMeritt]

I think after such a terrible incident that happened to LUNA in the previous version, it seems that many people will leave LUNA and they will still be very depressed with the state of LUNA in the previous version, I don't really know for sure with this second version of LUNA, and I It sounds like a lot of people are leaving LUNA and moving to other Altcoins.

It seems they are very Disappointed with LUNA, even though this second version of LUNA will break through, it seems that many people will not return to LUNA and they are very unsure of LUNA anymore, even some of them say LUNA coins are SCAM coins, but I don't fully know it.

[tsaroz]

All of this Luna fiasco reminds me of pancakebunny. Guess what? Both projects were from Korean team. Pancakebunny not only pretended to get hacked and scammed investors once, they Didi it four times and I fell for 3. Similar are the situation for Lina and Luna 2. There are a number of Korean reporting about the scam operation and people are still believing in Luna 2.

[Dollar_Hunter]

LUNA 2.0? still believe? haha you are really wasting time on trash projects,
Do Kwon has really become a scammer in my opinion,
 even though he launched LUNA 2.0 but what happened to those who bought at $20? totally bullshit with this project

[Oilacris]

LUNA 2.0? still believe? haha you are really wasting time on trash projects,
Do Kwon has really become a scammer in my opinion,
 even though he launched LUNA 2.0 but what happened to those who bought at $20? totally bullshit with this project

Recently the allegations of Do kwon cashing out billion was a false allegation.
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Source: https://news.bitcoin.com/do-kwon-accused-of-cashing-out-2-7b-before-ust-collapse-terra-founder-says-allegations-are-false/

But this one should be enough on trusting up Luna once again? Just like others been saying that
crash of this one is uninventable considering the trust had been broken already.

[Fire me!]

I Don 't get it. Luna classic was a project about a new way for payments and especially stable coins. It filedruk misserably. Luna 2.0 does not have the core of the project the stable coin. Why invest in failed and soon to be completely dead projects.

[justdimin]

It is not the same thing, you are somewhat making a mistake, you cannot compare the plunge of btc with that of Luna, or any other shitcoin/altcoin for that matter, you must take into cognizance that most altcoins including Luna are pump and dump shitcoins that only pumped in the network due to hype, and quite a lot of them die when the hype is over, they dump and do not rise again, these are the sort of coins you sell the moment you make ROI or immediately they start to crash so you do not lose your money, because if you think of hodling it for it to rise again, then you'd be making a grave mistake.

Unfortunately since they are not too much far apart, there are a ton of people who will compare the two things together. I know that it is wrong, but I have been here for a long time so I am knowing what's wrong is normal, and me knowing that alts (including shits like luna) are not the same as bitcoin and bitcoin will always recover, is normal.

Because, I have seen bitcoin go from 20k to 3k to 68k, I have lived through that, I have seen bitcoin break the ATH and be 20k in 2017, I have seen it reach 3k during 2018, and I have seen it become 68k again in 2021, all of that happened when I was here. People who are hopeless about bitcoin right now, probably didn't live through that period.

[Shasha80]

LUNA 2.0? still believe? haha you are really wasting time on trash projects,
Do Kwon has really become a scammer in my opinion,
 even though he launched LUNA 2.0 but what happened to those who bought at $20? totally bullshit with this project

Actually it is everyone's right to believe in whatever projects they consider potential, but based on the results of my research and analysis,
LUNA is no longer worthy of our trust. I agree with you, who said it's just a waste of time if we still trust LUNA. I already consider LUNA as
a scam project, so it doesn't matter anymore what happens to LUNA 2.0, because I will never be interested investing in LUNA again.
It could be said that it was too risky to trust someone like Do Kwon. After all, there are many other projects that are better and safer for us to buy,
so why do we take the risk by trusting LUNA 2.0. We'd better spend our money investing in BTC and ETH which have proven to be reliable and have
a bright future.

[SEEEP ZEEBOLOGI]

i mean, what did u expect? investor don't even trush luna anymore, people invest in luna 2 because they gambling with they own money and expect they can buy ealy and leave not too late, even korean investor not even trush do kwon anymore.

[ilovealtcoins]

I still keep Luna on Binance even though many are pessimistic about LUNA's future but I'm optimistic that the team will immediately take quick action to restore LUNA, the many negative speculations about LUNA certainly don't make us panic by immediately selling LUNA.

You are the bravest person I have ever seen, many investors have lost with both versions of Luna and Dokwon himself has locked his twitter. What makes you believe so strongly about Luna, when it's really dead. I hope you know what you are doing, sometimes letting go is not the end, there are many other coins out there you can start from scratch.