Is Terra Classic scam?

[Silberman]

Not ' I have invested in Terra Classic and hold ' many people say Terra Classic is Binanace CEO idea and may be it's going to moon ' market is working better than last 3 months now Altcoins growing up.

Terra classic, no matter what you hear and see. It is nearly dead. CZ owns binance and its native token is BNB not this terra classic.
So if the altcoins market growing, Terra classic is no longer pumping. It is not going up anymore and to think that many lives have already lost due to their losses on this coin because it had sunk totally that it has became almost zero, with many zeros on its decimal.

When the community or investors are already done on a certain project then you could really expect for these things to happen which is really that normal because projects that do sustain and able to

survive different market conditions then those projects are the ones considered to be worth but on this one then no surprise that lots of people got burned and lost out their money due to this
shitty Terra project and they had launched their version 2 or fork coin but people are already wise enough.

Its hard to know for a project to turn out to be scammy at early phase but there are some who had made out some warnings but people didnt care or hear out.

It seems the developers really think that people are that dumb, they were given a mountain of money and trust and they squandered both of them, now they want to start all over again and make it seem as if nothing happened, but people are not going to fall into the same obvious trap again, Terra is dead and it is time that people acknowledge this fact, because the longer they try to delay this realization the bigger the hit they will receive when they realize this coin is never going to be as successful as it once was.

[smartaction]

 Terra Classic not scam yet. they still alive on Market but They are not able to do anything as well as before. After the previous attack they lost a large part of the market.  And with that most of the investors lost a big part of their investment. So they have lost many big investors and because of this they are not able to do as well as before.  But Terra Team is trying hard to do something good again

[asriloni]

Terra Classic not scam yet. they still alive on Market but They are not able to do anything as well as before. After the previous attack they lost a large part of the market.  And with that most of the investors lost a big part of their investment. So they have lost many big investors and because of this they are not able to do as well as before.  But Terra Team is trying hard to do something good again

Something good? maybe you're still dreaming about that. You can count how many investors lost their money and their lives. This is BS. This time it's still being investigated by regulators and police. How can what you called that as a non scam project being investigated by the police?
People did nothing and lose their money. It's hard to accept the truth but this is a scam. lol

[Mr. Magkaisa]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

First of all, it's not a scam because terra classic is listed on the main exchange platforms in cryoptocurrency and there are still many traders who buy and maybe participate to pump it even if only for a short time so that they can still get a good profit from it. But what you say that he will rise again like what happened to Luna before, I'm a bit doubtful and hesitant because the trust of the large community that they had before Luna had a big problem or issue that also affected UST which is stablecoin here in crytocurrency.

[Beparanf]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

First of all, it's not a scam because terra classic is listed on the main exchange platforms in cryoptocurrency and there are still many traders who buy and maybe participate to pump it even if only for a short time so that they can still get a good profit from it. But what you say that he will rise again like what happened to Luna before, I'm a bit doubtful and hesitant because the trust of the large community that they had before Luna had a big problem or issue that also affected UST which is stablecoin here in crytocurrency.

Yes this project is not a scam but a failed project already because it was already abandoned by the original developer to pursue the new version of this same token. It’s more on just a pump and dump project without any clear vision because this is not the original idea anymore.

I just want to correct you about exchange listing belief. Many scam project manage to list on exchange because they just simply need to apply and pay fee to list. So not all project listed on exchange is legit. Some of them is just waiting the perfect opportunity to scam investors by introducing excuses such as hack or exploit to there code.

[Frengki_cisco]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Terra used to be a good Altcoin, because of the careless actions of its founder Do Kwon, which made many investors and users of Terra melted, bankrupt and collapsed as it is today.

To cover all the mistakes made by Do Kwon Terra Luna made Terra Classic as it is today, Terra Classic is not a scam, it's just that this type of crypto is no longer trusted by many investors, they don't want to take risks for their money, the success or failure of Terra Classic depends on the trust of investors.

[posi]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Terra used to be a good Altcoin, because of the careless actions of its founder Do Kwon, which made many investors and users of Terra melted, bankrupt and collapsed as it is today.

To cover all the mistakes made by Do Kwon Terra Luna made Terra Classic as it is today, Terra Classic is not a scam, it's just that this type of crypto is no longer trusted by many investors, they don't want to take risks for their money, the success or failure of Terra Classic depends on the trust of investors.

Luna classic was a failed project since people have realized Dokwon's plot, and that's why they won't be fooled into trusting him again. There is no difference between investing in lunac now and gambling. I don't understand why so many people are still believing that lunc will recover and give them a chance to become rich. They should remember that gambling never brings wealth to anyone, it's just a place for us to have fun and entertain.

[FanEagle]

Any sort of Terra is a scam, not just the classic. Sure, something that one is a scam while the other isn't, but this isn't an ETH/ETC situation, this was a situation where people literally lost hundreds of millions of dollars and nothing like that ever kept going and be strong. Don't get me wrong there could be a lot of fools who will spent their money and keep it higher than it should be for a long time but just because they can doesn't mean that it is not a scam.

What people need to learn is that something could be a scam by the creators AND still make you money, they are not either/or situation. Will it make you money? We do not know, hopefully it would, but we know it is a scam for sure.

[LastKiss]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Those people who invest when the price on it's high will call it a scam token but for those who invest at the bottom price will call it a chance/opportunity. It depends on which side you are, for now Terra classic still has a big community that supports the ecosystem so as long as the community is alive then Terra Classic will move on despite its bad history.

[poodle63]

Those people who invest when the price on it's high will call it a scam token but for those who invest at the bottom price will call it a chance/opportunity. It depends on which side you are, for now Terra classic still has a big community that supports the ecosystem so as long as the community is alive then Terra Classic will move on despite its bad history.

Opportunity for what? i think that you talked about BS. there's no opportunity in terra except if you are only a scalpers that was taking a big risk by getting at the bottom but sell it at the top. So many people sued the company caused by the incident that happened a few months ago. You must see the reality rather than tried to believe what said by those scalpers. they were also losing their money.

[Minecache]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Those people who invest when the price on it's high will call it a scam token but for those who invest at the bottom price will call it a chance/opportunity. It depends on which side you are, for now Terra classic still has a big community that supports the ecosystem so as long as the community is alive then Terra Classic will move on despite its bad history.

Buying luna classic at a low price also doesn't mean you won't be at risk in the future, because it could still fall further in price. Whales and large investment funds no longer support the project. The community exists because there are people like you who believe that just put in a small amount of money and hope the sharks will pump, then take profits but unfortunately it will not happen. Sharks will not stupidly use their money to pump and then you dump it on their heads.

[Dragonfund]

Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

Why ask for advice for a project like Terra classic? The project that people have lost millions on and the same people decided to fork another token due to their incompetency and airdrop small share to their followers and investors. I do not think it is going to be a wise move to buy project like Terra classic or anything that has to do with this project. DO KWON is currently being investigated because of the same collapse that has happened as many investors are still asking for their money. Invest in top 10 projects that are listed on the coin market cap, they are the best I will recommend for you.

[sana54210]

Any sort of Terra is a scam, not just the classic. Sure, something that one is a scam while the other isn't, but this isn't an ETH/ETC situation, this was a situation where people literally lost hundreds of millions of dollars and nothing like that ever kept going and be strong. Don't get me wrong there could be a lot of fools who will spent their money and keep it higher than it should be for a long time but just because they can doesn't mean that it is not a scam.

What people need to learn is that something could be a scam by the creators AND still make you money, they are not either/or situation. Will it make you money? We do not know, hopefully it would, but we know it is a scam for sure.

This is right but people realizes that they are not going to be making profit from bitcoin or ethereum that much, they could profit a little but not a big wealth. This is why many are taking a risk. Makes no sense to me why they would do such a thing but they are doing that.

This is why I believe that we shouldn't really be worried about this case, let the people who are investing into terra classic do invest in there. If they are right then they would make a lot of money and I would be happy for them, and if they lose money I would be sad but it is not my money they lost so I wouldn't care. All in all, this is a win-win for us anyway, it is not going to upset the people who didn't invest into it.

[erep]

snip
This is why I believe that we shouldn't really be worried about this case, let the people who are investing into terra classic do invest in there. If they are right then they would make a lot of money and I would be happy for them, and if they lose money I would be sad but it is not my money they lost so I wouldn't care. All in all, this is a win-win for us anyway, it is not going to upset the people who didn't invest into it.

If they decide to keep investing in Luna even though they understand the risks so we don't need to care about the next condition, my last suggestion is to stop investing in Luna because Luna has cost investors millions of dollars, if I'm not ready to lose a dollar in Luna and I will removed Luna coins from the investment list forever in my portfolio.

[Piesel]

No one will trust a coin that has crashed before, and if what happened previously is not taken care of a similar hack of huge sell-out through security vulnerabilities. So I don't think old investors of luna tokens will want to risk their investment on the new terra classic. Other people may have different opinions about this but for me I will not trust the new terra classic system

[kamvreto]

~snip~This is why I believe that we shouldn't really be worried about this case, let the people who are investing into terra classic do invest in there. If they are right then they would make a lot of money and I would be happy for them, and if they lose money I would be sad but it is not my money they lost so I wouldn't care. All in all, this is a win-win for us anyway, it is not going to upset the people who didn't invest into it.

this is certainly a personal choice for everyone who wants to invest anywhere including in terra classic. But the effects of the terra collapse impact all terra-related investments. we really can't control anyone to invest, we just need to be careful on the investments we make ourselves and warn others when the investments we make will result in losses. Remember that terra classic is not a scam, terra classic is there to replace the crashed terra v1.

[|MINER|]

Hello,
Is Terra Classic scam or does it have a chance of success?
Thank you.

I don't understand why people still want advice on luna!  Do they want to face loss by investing again?  After the havoc Luna has wreaked on the cryptocurrency world, I don't think any Luna coin should be invested in.  And I also think that if you invest, you should invest in a small amount for short term.  But it is better to avoid investment here

[MCobian]

Hello,
Is Terra Classic scam or does it have a chance of success?
Thank you.

I don't understand why people still want advice on luna!  Do they want to face loss by investing again?  After the havoc Luna has wreaked on the cryptocurrency world, I don't think any Luna coin should be invested in.  And I also think that if you invest, you should invest in a small amount for short term.  But it is better to avoid investment here

Maybe because previously LUNA was a top coin, so some people still hope that Terra Classic can become a top coin in the future. Even though
it is very likely that this will not happen, what happened to LUNA has destroyed its reputation and lost the trust of many investors. So I agree with you,
we should really forget about Terra Classic and just invest in another project, because the risk is very high if investing in Terra Classic, there is
a possibility that what happened to LUNA will also happen to Terra Classic. Maybe now Terra Classic can't be said to be a scam, but it has the potential
for Terra Classic to be a scam in the future. So I also suggest avoiding investing in Terra Classic. In a bear market situation like now, it is better to
invest in top coins that have a good track record. Like ETH, BNB, ADA and SOL can be good choices for investment and more worth buying.

[Abiky]

Buying luna classic at a low price also doesn't mean you won't be at risk in the future, because it could still fall further in price. Whales and large investment funds no longer support the project. The community exists because there are people like you who believe that just put in a small amount of money and hope the sharks will pump, then take profits but unfortunately it will not happen. Sharks will not stupidly use their money to pump and then you dump it on their heads.

After what happened with the UST stablecoin crash, Terra Classic is nothing but history. Not even the founder was able to save the project. What makes you think the LUNC token will "resurrect" after investors and traders lost confidence in it? With the path Terra has taken, I believe LUNC will become nothing more than a "meme" cryptocurrency. It will join the ranks of Dogecoin, Shiba Inu, BabyShibaInu, and the others.

I've yet to see whenever the new version of the project (Terra 2.0) will become a huge success in the long run. There are so many competitors on the market with greater ambitions than Terra itself. Without true innovation and mainstream adoption, I'm not sure Terra 2.0 will rise all the way to the moon. At least, the code is available for "anyone to play with". As long as decentralization wins, nothing else matters. Just my thoughts

[Daltonik]

Anyway, over the past two weeks, LUNC has shown more than x4 growth, the trading volume reached $1.7 billion, this is also due to the burn protocol that started working and now burns 1.2% for each purchase/sale transaction until the offer reaches 10 billion, so the price will only grow as reducing the overall LUNC offer.