Is Terra Classic recovered?

[naira]

Temporary recovery doesn't mean it's worth investing in. Moreover, after they damaged the market and harmed many parties in a very unforgivable way, then we gave more trust to invest. would be very reckless. Think like investors who already know that they will no longer touch assets like Luna or Luna Classic. This token has been deemed a failure and in any way to restore the public's trust is not an easy task. Even with the sudden temptation of the pump, you have to worry. When tokens are easy to pump up and throw away all of a sudden, there will only be losses if you don't know how to invest.

[posi]

The Korean government has issued arrest warrants for Dokwon and several members of the terra team. This is considered the end for Lunc, this has been expected by the community for a long time, can't let a scammer live freely and continue to scam people. I think this is more desirable news than any Lunc pricing news. I think people should get rid of it immediately if they don't want to lose money again with Lunc. With this news, the sharks will take their last profit and will kill Lunc.
https://www.coindesk.com/business/2022/09/14/s-korean-court-issues-arrest-warrant-against-terra-co-founder-do-kwon-report/

My guess was correct not to trust Terra Teams anymore, it turns out that this news has become an answer that there is no hope for LUNC to recover.
To me this is very good news, because if Do Kwon is allowed to go free, it will mean that more people will lose their money. People like Do Kwon deserve
to be held accountable, now Do Kwon is officially found guilty, he deserves to pay for his actions in prison. With a South Korean court finally issuing
an arrest warrant, this awakens people who still believe in LUNC, that LUNC is an unfit shitcoins for investment option. Now seeing the price of LUNC
which has fallen very deeply, is a sign that in the near future LUNC will really die. This is also a lesson for all of us, that do not give a second chance
to projects that have caused harm to many people.

This is the most readable news I have seen about Luna up to now, and I have to admit, I love this news. I am hoping that this news will wake up those who have invested in Luna. Luna is really dead and there isn't any way for it to be saved, what is happening in the last few days is just hype of the sharks looking to take profits, this pump is not the recovery from the Terra team as people think.

Dokwon has made many people depressed, even committed suicide when investing all his assets for Luna. This is the end he deserves for what he did.

[coin-investor]

There's no second chance for Terra Classic, don't get fooled by these press releases and do not be gullible, remember there are still cases filed against its founder and creator, what they did and their mismanagement will haunt them for the rest of Luna's existence in the market, you can use it for pump and dump for a quick profit, but don't give yourself false hope that it will recover, it's far from it, they are done, look for better coins to add in your portfolio.

[Sayeds56]

I invest tera classic when it happened dump and I loss my money. After that I invest in lunac and finally I get little profit. Still I have tera classic coins in my wallet. The price of lunac is going pump in next year or this year. But never reach the previous position. You can invest this coin in present situation.

Terra Luna is again in the news media. South Korean court has issued arrest warrant of Do Kwon for violating the capital market Act. This news triggered massive selling & price dropped 24%. Burn tax had induced some buying momentum during the past weeks but this news has again created negative sentiment and we might see further selling in LUNC in coming weeks upon start of court proceedings.

https://www.coindesk.com/business/2022/09/14/s-korean-court-issues-arrest-warrant-against-terra-co-founder-do-kwon-report/

[zasad@]

The Luna criminal investigation will take a long time because many investors have lost money. Any adequate development team would stay away from Lun 1 and Lun 2 to avoid risking their reputation. And the members of the Do Kwon team in Korea are in big trouble. Prospects are zero.

[AnonBitCoiner]

No terra Classic and new tera Luna will soon over because south Korea has ordered to arrest it's owners and very soon other countries will takes this action too. Luna Classic pumped 500% in one week and was a number one in gainer list. Some daybtaders make a good profit form this but it's again Dumping and this time it will dispress the Luna lover.

[abel1337]

Today there is shocking news about the founder of Terra Luna, that the South Korean court has issued an arrest warrant for Do Kwon as the founder of Terra which resulted in the price dropping to below 1 cent, this will really affect the price in the market and is unlikely to be a recovery if there is news that this bad.

Source: https://www.coindesk.com/business/2022/09/14/s-korean-court-issues-arrest-warrant-against-terra-co-founder-do-kwon-report/

It's been said a lot before it's been really tough about this Terra Luna recovery they have become a bad shitcoin but somehow the community still I believe in this token.

I expect some law suits and arrest warrant from Do Kwon and other Terra project heads. They have the hottest issue within crypto community now and the eyes of people are on them, I'm sure that there are people who really want Do Kwon to go in jail that's why they are finding any thing that can be used against Do Kwon and the team. I also don't understand why community still believe in this token and still supporting it, Maybe the profit they can potentially get from it I guess?

[blockman]

Today there is shocking news about the founder of Terra Luna, that the South Korean court has issued an arrest warrant for Do Kwon as the founder of Terra which resulted in the price dropping to below 1 cent, this will really affect the price in the market and is unlikely to be a recovery if there is news that this bad.

Source: https://www.coindesk.com/business/2022/09/14/s-korean-court-issues-arrest-warrant-against-terra-co-founder-do-kwon-report/

This isn't shocking news for me but is already an expected thing to happen since the bouts about the crash of UST and Luna. Following the suing against Do Kwon and his co-founders were made. The market reacted plus the correction for bitcoin so that's a heavy blow on their token.

It's been said a lot before it's been really tough about this Terra Luna recovery they have become a bad shitcoin but somehow the community still I believe in this token.

I don't think it's the whole community that believes on it but those are the whales that are attracting to play around and some traders are buying that FOMO they made.

[Jatiluhung]

After his ascension in the past few days. but now Luna and LUNC are experiencing a very drastic correction. and of course this is normal. because the price drop after the pump always happens. and the decline that occurs is always very scary. and luckily i was able to buy before the hype. and yesterday sold when the hype was peaking. and I dare not buy back. because I know that the price after the pump will always be a big drop. plus corrected bitcoins. this will further exacerbate the decline. so I think LUNC is not suitable for investment. For now.

[lalabotax]

I think it is too early to conclude that LUNC is recovered already. If you compared its ATH ($119) and its current price ($0,00029), the gap is still too big. We still cannot say that LUNC is already in a good situation although there is some positive news lately. For example burning program, surely will decrease the number of its total supply and trigger the price of LUNC to increase, but I think it is just a temporary impact. Just look at the current price, it is decreasing again. I doubt if there will be a more big pump in the near future.

[BuNga_cute]

Today there is shocking news about the founder of Terra Luna, that the South Korean court has issued an arrest warrant for Do Kwon as the founder of Terra which resulted in the price dropping to below 1 cent, this will really affect the price in the market and is unlikely to be a recovery if there is news that this bad.

Source: https://www.coindesk.com/business/2022/09/14/s-korean-court-issues-arrest-warrant-against-terra-co-founder-do-kwon-report/

This isn't shocking news for me but is already an expected thing to happen since the bouts about the crash of UST and Luna. Following the suing against Do Kwon and his co-founders were made. The market reacted plus the correction for bitcoin so that's a heavy blow on their token.

It's been said a lot before it's been really tough about this Terra Luna recovery they have become a bad shitcoin but somehow the community still I believe in this token.

I don't think it's the whole community that believes on it but those are the whales that are attracting to play around and some traders are buying that FOMO they made.

If we look at what happened to UST and Luna which crashed due to manipulation, it should come as no surprise that Do Kwon was found guilty.
Those who were harmed by the crashes that occurred in UST and Luna were numerous, of course, many people reported Do Kwon about the losses
they suffered. Finally, with the news of Do Kwon's arrest, the price of LUNC has dropped drastically, because there will be panic now for LUNC holders.
Indeed, from the start, we should never expect LUNC to recover. Because Terra Teams really can't be trusted, they only think about their
personal interests.

So very lucky people who don't trust Terra Teams anymore, so they don't have to feel the loss a second time. Like you said not many people trust
Terra teams anymore since what happened to UST and Luna, but some whales do manipulate, so attract some people to buy LUNC. Just take it as
a lesson if anyone experiences a loss buying LUNC just because of FOMO, so that they don't make the same mistake in the future.

[john1010]

It will recover if the whales decide it so, but as we can see, this is a failed project, and most of the people who traded it want to recover their big loss, so they tried to attract new investors to buy this token to at least gain a little bit of their burned money if you holding this coin try to sell it when you see someone is making a fake pump in any exchange you traded it.

[Novita]

Nah, I will not trust again Terra. Billions of dollars were lost from them. It's very difficult to trust again, the trust is already broken.
Maybe these kinds of happenings is just some shows able to lure again some people to gain back their trust again. But I got a big instinct that this is another hype, pump and dump.

Your experience can be a lesson for newcomers to the crypto world. because these lost billions of dollars are not a small number. How many years does it take us to collect, if we are a private employee who is paid 5 million rupiah per month, it is still a gross salary, meaning that we have not set aside household needs, my advice for newcomers who want to invest in the crypto market to be more thorough and careful , if not, maybe our friend's experience has happened to you, good luck in the crypto world, bro.

[AlphaEther]

No chance. Terra once broke the trust of people's and there is no chance that it will recovered. People won't invest on it again. Whales are manipulating with this coin.

[hichamito37]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

I can't say how reasonable the chances of a Teraluna Classic recovery are.However, this platform was once in a very good position. And was going to gain a lot of popularity all over the world.But today the platform is completely destroyed due to the negligence of the party.Trying it after destruction makes it look like complete boy's play.But even if there is any possibility of recovery, I will not give sure.

I don't think it was the team's negligence but a pre-planned collapse. You can see their team didn't take any action when UST started to collapse and they let it die quickly, then they wanted to create another luna to disclaim responsibility. It must be said that it was a very well planned plot. With the news that there is an arrest warrant for Dokwon, I hope the legislators will soon arrest him and hold him accountable for what he did to investors.

[Questat]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

I see that people and Terra Classic's investors are hoping for the best and earning a profit from their investment. I understand how they respond to the situation and are hopeless about what they have heard in the past few days. But as this recent time when its price moves a little bit high, it obviously gives them some hope. However, we don't let our emotions overwhelm us but take action cautiously and do selling if possible cause I'd never see any assurance from this project to keep alive for many years.

[awik p]

Hello,
Is Terra Classic recovered and worth the investment? Please see https://www.coindesk.com/markets/2022/09/08/crypto-terra-luna-classic-surges-as-traders-speculate-on-new-supply-burn-rule/.



Thank you.

I can't say how reasonable the chances of a Teraluna Classic recovery are.However, this platform was once in a very good position. And was going to gain a lot of popularity all over the world.But today the platform is completely destroyed due to the negligence of the party.Trying it after destruction makes it look like complete boy's play.But even if there is any possibility of recovery, I will not give sure.

I don't think it was the team's negligence but a pre-planned collapse. You can see their team didn't take any action when UST started to collapse and they let it die quickly, then they wanted to create another luna to disclaim responsibility. It must be said that it was a very well planned plot. With the news that there is an arrest warrant for Dokwon, I hope the legislators will soon arrest him and hold him accountable for what he did to investors.

I think it is difficult to rise again as usual, especially now that it is still in a bearish situation so that it is difficult for altcoins to develop. There are only hopes that are not necessarily true, under the pretext of the market situation in order to attract investors again. but unfortunately when the bullish season arrives, that hope may not necessarily come true. after collapsing until now there has been no significant development of the new token

[$crypto$]

Today there is shocking news about the founder of Terra Luna, that the South Korean court has issued an arrest warrant for Do Kwon as the founder of Terra which resulted in the price dropping to below 1 cent, this will really affect the price in the market and is unlikely to be a recovery if there is news that this bad.

Source: https://www.coindesk.com/business/2022/09/14/s-korean-court-issues-arrest-warrant-against-terra-co-founder-do-kwon-report/

This isn't shocking news for me but is already an expected thing to happen since the bouts about the crash of UST and Luna. Following the suing against Do Kwon and his co-founders were made. The market reacted plus the correction for bitcoin so that's a heavy blow on their token.

From the fall of this token some time ago there was speculation reporting about Do Kwon to the local government to investigate it and in the end, they made the decision because that was what the community wanted, but we don't know whether Do Kwon has been arrested or not until now still no news.

It's been said a lot before it's been really tough about this Terra Luna recovery they have become a bad shitcoin but somehow the community still I believe in this token.

I don't think it's the whole community that believes on it but those are the whales that are attracting to play around and some traders are buying that FOMO they made.

The community shouldn't be affected by the FOMO that the whales created just to play around in this token trade and obviously, they're back down after yesterday's hype, so I think yesterday's sharp rise was the FOMO that was created.

[serjent05]

It looks like some whales who are pumping Terra Classic had cashed out when it reaches $0.00054774.  If you look at the market trading price today, it is now trading at $0.00024770, meaning the current market is down 50% from its current peak price surge.  I feel sorry to those who are caught by the trap and had suffered losses.  Aside from that, Do Kwon had an arrest warrant issued by the South Korea authority. If Do Kwon is proven to be guilty, I think there is no need to tell you guys where will this project's token end.

I don't think it would be wise to invest on it , Yes Luna Classic has been noticed to have a big pump, but currently it is not in good condition and I think it is time for dumping, and already knowing about its incident I wouldn't think it wise to invest in it.  even then you can invest on it for only short time trading, this will reduce your risk to some extent.  However, investing only on it  high risks.

Now Terra Luna Classic is in for a 50% dump, people really never learn and always got baited by this kind of pump and dump scheme.

The community shouldn't be affected by the FOMO that the whales created just to play around in this token trade and obviously, they're back down after yesterday's hype, so I think yesterday's sharp rise was the FOMO that was created.

The community should have done their research and check the history of the coin and not get baited by these whales who wanted to milk the market through pump and dump.  Now that the warrant of arrest against the founder of this project is issued, the market has nowhere to go but crash.

[blockman]

This isn't shocking news for me but is already an expected thing to happen since the bouts about the crash of UST and Luna. Following the suing against Do Kwon and his co-founders were made. The market reacted plus the correction for bitcoin so that's a heavy blow on their token.

From the fall of this token some time ago there was speculation reporting about Do Kwon to the local government to investigate it and in the end, they made the decision because that was what the community wanted, but we don't know whether Do Kwon has been arrested or not until now still no news.

Yeah, no news of the actual arrest but he's nowhere to go. He's just hiding for now and he can't skip that arrest that awaits him.

I don't think it's the whole community that believes on it but those are the whales that are attracting to play around and some traders are buying that FOMO they made.

The community shouldn't be affected by the FOMO that the whales created just to play around in this token trade and obviously, they're back down after yesterday's hype, so I think yesterday's sharp rise was the FOMO that was created.

Sadly, there will be people that will be attracted to that FOMO no matter what they've been told, they'll never listen and will like to do things on their own.
This FOMO that has been made was really making the whales of it richer while the small ones are the ones left behind to suffer and catches the falling knives.