Terra Luna Classic pumping - can it last?

[justdimin]

Perhaps, you've got it right. You've got in perfect timing as Terra Luna is in moving up but to think about how long this surge will go, is something we don't know and you'd better take the opportunity to sell them rather than wait for x100 as your goal. Because it was not identical to the situation and it was not what we really see in this bear situation. Be aware of how the hype will end, it was just like a trap that causes major losses to those who wanted more.

I would agree that if you are in profit then you should take out your profit and invest into something else. I never trusted this ever since it was created, they somehow managed to get the trust of some people somehow, but it is obvious that if they have waited years before such a horrible mistake happened, they could do the same and you would never know when it will happen and how it will happen again even if it will ever happen again.

This is why the best thing to do right now would be getting out, invest into something much more safe, this way you would be able to make a profit from another thing without the fear of losing all of your money all over again.

[Wong Gendheng]

The last few days Terra exploded, the transaction volume was more than $ 3.8 billion and made the luncak position ranked 25th, even yesterday was ranked 22, this was a positive and optimistic sign that we could party again with Luna.

[Devifajarina]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

The level of risk that Terra Luna Classic will pose may be a problem, you can see how bad they have been in the past, maybe some whales start to manipulate so that the pumping occurs. But something to be afraid of, when they have hit the sales target, then they will throw away the ownership and that's when the next mess happens, I think it's not good, when it starts to trust them again, but the market reaction is still showing a relatively side

[fuguebtc]

Surprisingly because Lunc has been ranked 24th and today's transaction volume is more than $ 3.5 billion to the highest volume of Altcoins compared to ETC, BNB or others (under ETH and stable coins), this proves that Lunc is still worth making hope for big profits.

I don't know what kind of profit to hope for in a project that has fallen several thousand times and grown only a few. Especially why did Do Kwon start making a new project when the old one is promising again according to you? It seems to me this whole pump as a new scam to get people to believe in a dead project and then make it collapse again.

Sure as you say. there's no return here, they're just trying to pump to create a trap to make people believe that Luna is back and will dump when people buy in. People too quickly forget what happened to the old luna, which dropped tens of thousands of times and caused thousands of investors to lose money and now they're back at it again.

The coins that increase a few tens of% or 200% we also have a lot in the market, why can we believe that there are coins that have decreased thousands of times but only increased by a few tens of%? People still prefer gambling to investing.

[Pujangga]

Everyone already knows about the track from LUNA but when looking at the pump the last few days it seems to silence the haters, many think this is a trap, but I hope and can sell when LUNA is worth at least 1 cent.

[rojan]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

The level of risk that Terra Luna Classic will pose may be a problem, you can see how bad they have been in the past, maybe some whales start to manipulate so that the pumping occurs. But something to be afraid of, when they have hit the sales target, then they will throw away the ownership and that's when the next mess happens, I think it's not good, when it starts to trust them again, but the market reaction is still showing a relatively side

I think it will be good for us if we can stay away from Luna token. I lost a lot of money behind Luna token.  I don't know maybe there are many people like me who lost their money like me.  I want to stay away from Luna Toke.  Now I don't know the exact price of this token.  I don't want to know. I think it would be better for me to stay as far away from Luna as possible.

[Kelvinid]

Terra is supported by a very ambitious team and owners, they don't seem to be letting a long built project die in an instant, and now they're starting to show that they have the money to build a pump and of course I'd prefer to invest in LUNA even if it's for a small amount.

They are making their own pump by buying their own coin in order to increase demand traffic and price increase. They are actually tricking us in this way and making us think they are alive but behind these things, that can be disastrous.
I see your love for Luna and probably in hyped projects but you have to be careful mate as it was too risky and losses can be really possible once you miss them. If I were you, I have to play safe and invest those trusted and reliable project that are certainly have a better future and of course, that it will last longer. 

[KaliLinux]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

I want to believe you already know the history of terra luna classic, and what happened that made its price dip the way it did, however, I would normally suggest that investors researched the projects they intend to invest in however I believe a lot of investors had their money in the project before it crashed and I don't think they want to let it go just yet so with all that kind of support, we might continue to see Terra classic rise every now and then but predicting how long and to what price it will get to is a different thing. As you have mentioned, don't hesitate to take profit or Initial investment to avoid loss altogether.

[zasad@]

Terra is supported by a very ambitious team and owners, they don't seem to be letting a long built project die in an instant, and now they're starting to show that they have the money to build a pump and of course I'd prefer to invest in LUNA even if it's for a small amount.

Are you talking about terra 1.0 or terra 2.0?
Check out Do Kwon's latest interview.
https://www.youtube.com/watch?v=YF_MZvD5ao4&t=0s
He talks about the new tera 2.0 project and that his team will be working on it, but what terra 1.0 is is still unclear.

Pumps and dumps are possible, but there are no serious projects left in the terra 1.0 ecosystem.

[ultrloa]

Terra is supported by a very ambitious team and owners, they don't seem to be letting a long built project die in an instant, and now they're starting to show that they have the money to build a pump and of course I'd prefer to invest in LUNA even if it's for a small amount.

Are you talking about terra 1.0 or terra 2.0?
Check out Do Kwon's latest interview.
https://www.youtube.com/watch?v=YF_MZvD5ao4&t=0s
He talks about the new tera 2.0 project and that his team will be working on it, but what terra 1.0 is is still unclear.

Pumps and dumps are possible, but there are no serious projects left in the terra 1.0 ecosystem.

That's the reason its hard to believe that this pump will be consistent since they already created the terra 2.0 and dev clearly put some good insights about this. But now the classic one is pumping and I'm doubting to buy because what always bothering on my mind that those incident of sudden huge dump may happen and I may get caught again for second time around.

[zasad@]

Terra is supported by a very ambitious team and owners, they don't seem to be letting a long built project die in an instant, and now they're starting to show that they have the money to build a pump and of course I'd prefer to invest in LUNA even if it's for a small amount.

Are you talking about terra 1.0 or terra 2.0?
Check out Do Kwon's latest interview.
https://www.youtube.com/watch?v=YF_MZvD5ao4&t=0s
He talks about the new tera 2.0 project and that his team will be working on it, but what terra 1.0 is is still unclear.

Pumps and dumps are possible, but there are no serious projects left in the terra 1.0 ecosystem.

That's the reason its hard to believe that this pump will be consistent since they already created the terra 2.0 and dev clearly put some good insights about this. But now the classic one is pumping and I'm doubting to buy because what always bothering on my mind that those incident of sudden huge dump may happen and I may get caught again for second time around.

This ecosystem will be dead without a functioning stablecoin. And practice has shown that it is very difficult to make a decentralized stablecoin, and the use of centralized stablecoins entails the risks of blocking these coins. First you need to burn billions of unnecessary coins and attract developers, and this is a long process.

[Ziskinberg]

The thing that allows Terra to survive even Pump is that they have a strong community, if we pay attention to social media, Terra often advertises and has a strong social media community so I'm sure that Pump is still early, there will be many pumps next especially now that it has entered rank 25.

Social brings a huge market influence and could able pump useless/scam projects in no time. I may not say Luna is totally a scam project but having its questionable performance, it still looks the same. I was certainly in surprise seeing this pump but never I believe this will stay long but to expect a sudden dump making new investors lose their money.
We have to be careful in this scheme as something might waiting for us and felt regret in the end.

[Devifajarina]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

The level of risk that Terra Luna Classic will pose may be a problem, you can see how bad they have been in the past, maybe some whales start to manipulate so that the pumping occurs. But something to be afraid of, when they have hit the sales target, then they will throw away the ownership and that's when the next mess happens, I think it's not good, when it starts to trust them again, but the market reaction is still showing a relatively side

I think it will be good for us if we can stay away from Luna token. I lost a lot of money behind Luna token.  I don't know maybe there are many people like me who lost their money like me.  I want to stay away from Luna Toke.  Now I don't know the exact price of this token.  I don't want to know. I think it would be better for me to stay as far away from Luna as possible.

It's so right when you start to realize that you don't want to take part in Luna tokens anymore, because you already know the impact of the investment made by Luna, especially if you've ever tried to start with it.
In the market there are still quite a lot of other coins that can be used, which maybe can provide maximum profit for us, but it takes a process to run a good strategy on the investment journey

[TheGreatPython]

The last few days Terra exploded, the transaction volume was more than $ 3.8 billion and made the luncak position ranked 25th, even yesterday was ranked 22, this was a positive and optimistic sign that we could party again with Luna.

I am pretty sure it is fake and not real. People do not realize how big 3.8 billion is and they are acting as if this is just a good day for luna, the reality is that in a normal situation that would be record shattering levels of volume, but nobody believes that it is real. You could continue to trust that it is the real thing but in reality we all know that it is not going to be the real thing.

This is why it is much better if we could just end up with something much better such as bitcoin, that is a real volume and it actually does bring in some profit to people if you hold it long enough, the potential is unlimited and it will stay that way for a long time.

[BRINIRHA]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

for Luna classic (LUNC) it looks like the pump this time is not a pump by chance. but there is indeed good news in the LUNC community. because as we know that the LUNC coin has been held by the community. so it depends on the community itself. but so far the event burn tax has been approved by many exchanges. if you want to know more you can read the news on CMC. for 0.1 I guess it will take years. because seeing the supply in circulation is so large that it is impossible to implement in the near future.

[Minor Miner]

Terra is supported by a very ambitious team and owners, they don't seem to be letting a long built project die in an instant, and now they're starting to show that they have the money to build a pump and of course I'd prefer to invest in LUNA even if it's for a small amount.

Are you talking about terra 1.0 or terra 2.0?
Check out Do Kwon's latest interview.
https://www.youtube.com/watch?v=YF_MZvD5ao4&t=0s
He talks about the new tera 2.0 project and that his team will be working on it, but what terra 1.0 is is still unclear.

Pumps and dumps are possible, but there are no serious projects left in the terra 1.0 ecosystem.

That's the reason its hard to believe that this pump will be consistent since they already created the terra 2.0 and dev clearly put some good insights about this. But now the classic one is pumping and I'm doubting to buy because what always bothering on my mind that those incident of sudden huge dump may happen and I may get caught again for second time around.

This ecosystem will be dead without a functioning stablecoin. And practice has shown that it is very difficult to make a decentralized stablecoin, and the use of centralized stablecoins entails the risks of blocking these coins. First you need to burn billions of unnecessary coins and attract developers, and this is a long process.

It is considered that the burning is still going on, but the hardest thing is how they can entice developers back into the ecosystem. In this world, anything can be regained but once trust is lost it can never be regained and an ecosystem will never be able to develop without developers.
Personally, I don't believe luna can recover, these rallies are just hyped by sharks to create traps to take profits. Hope everyone does not get too absorbed in this small rally because when it is sublimating, everyone forgets to take precautions, the possibility of a sudden dumping makes people unable to react.

[Yamifoud]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

for Luna classic (LUNC) it looks like the pump this time is not a pump by chance. but there is indeed good news in the LUNC community. because as we know that the LUNC coin has been held by the community. so it depends on the community itself. but so far the event burn tax has been approved by many exchanges. if you want to know more you can read the news on CMC. for 0.1 I guess it will take years. because seeing the supply in circulation is so large that it is impossible to implement in the near future.

Well, I hope it has given a chance, and also the Luna community will still be able to trust them otherwise, we expect nothing from this pump but a chance to scam investors. Even though the project will remain supported by the investors, still I have doubts that it will even rally more and yes, that seems impossible to reach that price knowing its total market cap... We only just hope but, of course, we don't expect more from this project.

[BobK71]

Terra continues to pump even though the market is sometimes red, it looks like the developer will continue to pump and they pay dearly for some of the top influencers to convince investors, the influence of influencers is certainly very large on Terra Twitter almost every day entering the trending topic.

What a combination of terra developers they have done all the coins are rising simultaneously. Perhaps they are trying to drastically raise the prices of almost all of their coins. Meanwhile, Luna Classic is in a big uptrend even though it is trying to correct a lot. Terra Luna is suddenly trading above $6 from $1.90 few days ago. The USTC is no less in some respects. Each coins pumped as high, ignoring the bear market from their positions. Now it remains to be seen how reliable this pumping event can be.

[CryptoYar]

Terra continues to pump even though the market is sometimes red, it looks like the developer will continue to pump and they pay dearly for some of the top influencers to convince investors, the influence of influencers is certainly very large on Terra Twitter almost every day entering the trending topic.

Luna team has abandoned it they are working on their new project ( luna 2) and trying to grow its ecosystem. While the old project is being run by the community and they have recently passed a proposal that aims to charge tax on every on-chain activity. The tokens obtained from this tax will be burnt so that the supply can be reduced.

[JamesDaniel90]

Hi all,

I have my Terra Luna classic on Binance but have watched a few videos today advising those who have it on Binance should move it onto another exchange as Binance are not agreeing to the 1.2% tax burn like the others are.

I personally think Binance is one of the best exchanges so would rather keep it on there, is there anything wrong with me holding it on Binance?

Might be obvious to some but I don’t understand what is going on to be honest with it all, I am just holding until it reaches a value I am happy with then I will sell.