Is Terra Classic recovered?

[kawetsriyanto]

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.

I think the key factor to recover Terra Luna Classic is how the team makes sure it has a strong fundamental to survive. So, it is not about how the whales' decisions. Whales' role is to hold and trade LUNC only, but it won't last a long time if LUNC has no strong fundamentals. The whales probably just buy and hold in a short time, they will exit (take profits) immediately when there is a pump. It may be almost the same as the whales' goals in holding meme coins, they only take advantage of the hypes. They know the hype won't last a long time, so they only hold for short-term goals.

By the way, I don't think it is a fake pump. It is a real pump, but it is probably a fake bullish in LUNC price. Yep, it happens because of the current issue about the burning program on LUNC.

[1714917201]

1714917201

[serjent05]

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.

Now that the arrest warrant for Do Kwon is released, the little chance of Terral Classic to recover had almost gone.  It isn't about peoples trust now, it is about their crimes and arrest.  Sadly whales are able to milk money from unwary investors for the last time ( see current LUNC hype and market price history).

I think the key factor to recover Terra Luna Classic is how the team makes sure it has a strong fundamental to survive. So, it is not about how the whales' decisions. Whales' role is to hold and trade LUNC only, but it won't last a long time if LUNC has no strong fundamentals. The whales probably just buy and hold in a short time, they will exit (take profits) immediately when there is a pump. It may be almost the same as the whales' goals in holding meme coins, they only take advantage of the hypes. They know the hype won't last a long time, so they only hold for short-term goals.

By the way, I don't think it is a fake pump. It is a real pump, but it is probably a fake bullish in LUNC price. Yep, it happens because of the current issue about the burning program on LUNC.

So what is the fundamental of LUNC?  Basically, the fundamental of LUNCH has gone when the developer decided to fork it.  Forking it is like abandoning it.  They just make it look like they are supporting LUNC because there is money to milk in this market.  And the current pump shows it.

[rojan]

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 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.

I think it is best to stay away from this token because there is no trust in this coin.  At times this token can expose anyone to a lot of losses.  So I would say if we can stay away from this token it will be very good for us.  If someone invests now, I don't know if he will ever make a profit.  Anyone can trade with this token if they want.

[albon]

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 do not advise you to invest in the Luna Classic, there is a lot of bad news about it and about its founder, so it is a coin that is not worth the investment because the Terra team is the team that caused the collapse of their previous coin, I sold everything I had in this coin after it was pumped during the past week, I do not have more money to lose with it or to take risks, it is, in my opinion, a pump and dump coin, so invest in it what you can lose or stay away from it completely. There are a lot of good coins in the crypto market so you have plenty of choices. Frankly, I do not see a bright future for Luna Classic because of its reckless team, although there are those who believe that this coin can exceed its price of $100 in the future.

[savetheFORUM]

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.

Depends on why he was summoned to court but in reality it didn't worth anything over 1 cent anyway, it was all a facade that they were putting up saying that they are decent enough and all that. We all know that they are not good at all and all the things they have said so far regarding their situation is a big lie and they are a bankrupted bad project which should not be getting any new investors.

For some reason they lied their way into hearts of many investors and the price went up a bit, and if the fall we had yesterday on all crypto is regarding this, that is even worse because this guy is still hurting the crypto economy when there is no other reason to fall at all.

[MiF]

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.

the founder of this coin terra classic is said to be arrested on south korea there is someone in this furrom post about the news, if we look at the situation i think there is no way for the coin  to recover people are now afraid of this coin to turn into scam again and i believe that investors are now choose to invest in other coin than investing in the coin or project that has a very bad reputation.

[SirLancelot]

I do not advise you to invest in the Luna Classic, there is a lot of bad news about it and about its founder, so it is a coin that is not worth the investment because the Terra team is the team that caused the collapse of their previous coin, I sold everything I had in this coin after it was pumped during the past week, I do not have more money to lose with it or to take risks, it is, in my opinion, a pump and dump coin, so invest in it what you can lose or stay away from it completely. There are a lot of good coins in the crypto market so you have plenty of choices. Frankly, I do not see a bright future for Luna Classic because of its reckless team, although there are those who believe that this coin can exceed its price of $100 in the future.

People who are investing into LUNA or LUNC already know all the things we could tell them, they are aware of the high risks involved in such an investment and they do it anyway. I am not saying that it is a smart move, it is definitely a foolish move and they shouldn't take such a huge risk for a reward that would never come anyway, but that is their mindset.

They believe that if they could buy it right now, and wait for it to go back up and reach to old prices, even half of what it used to be, that would be a huge profit for them and they think they could outsmart the market and make that kind of cash. Instead, they will end up losing, but they won't hear it, they won't care what we tell them.

[Cuda911]

Like I used to tell my crypto friends around the world, once a project failed and makes their investors lose money its never coming back no matter what the dev do, you can't break the heart of many investors and except them to still trust you, no way! Things don't work like that.

[gunhell16]

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.

You know from my observation, I don't think Terra classic or LUNC will ever disappear from the market. Because as long as traders are buying it in the market, it will stay in the market, no matter what others say that it is not to be trusted or blah, blah, blah.

Because according to what is happening now here at LUNC, even though Do Kwon's arrest warrant has been issued, the increase and decrease in the market still cannot be controlled. But I'm not saying that this LUNC can recover, I'm just being realistic, it can recover and it may not be that simple for me.

[coinerer]

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.

the founder of this coin terra classic is said to be arrested on south korea there is someone in this furrom post about the news, if we look at the situation i think there is no way for the coin  to recover people are now afraid of this coin to turn into scam again and i believe that investors are now choose to invest in other coin than investing in the coin or project that has a very bad reputation.

As far as I know they have not been arrested yet.. However, a warrant has been issued for their arrest. All those involved in such a big scam should be brought to book and punished at the same time all their assets should be confiscated. Those who are trying to do that can learn from them.

[erep]

As far as I know they have not been arrested yet.. However, a warrant has been issued for their arrest. All those involved in such a big scam should be brought to book and punished at the same time all their assets should be confiscated. Those who are trying to do that can learn from them.

You're right, I haven't read the news of the arrest of the founder of Luna but there is no way for them to escape even though they are abroad, they should be arrested immediately because this case must be immediately brought to court to be prosecuted before Crash Luna 2.0 (probably), I hope everyone follows up on news updates about the arrest order so that it doesn't get swayed by the hype that temporarily increases the price of luna just to profit the whales.

[Taskford]

As far as I know they have not been arrested yet.. However, a warrant has been issued for their arrest. All those involved in such a big scam should be brought to book and punished at the same time all their assets should be confiscated. Those who are trying to do that can learn from them.

You're right, I haven't read the news of the arrest of the founder of Luna but there is no way for them to escape even though they are abroad, they should be arrested immediately because this case must be immediately brought to court to be prosecuted before Crash Luna 2.0 (probably), I hope everyone follows up on news updates about the arrest order so that it doesn't get swayed by the hype that temporarily increases the price of luna just to profit the whales.

He cannot go anywhere nor live a easy life if he flew and go abroad knowing he has standing warrant of arrest so I guess this is the end of their schemes on what they do to their holder. I hope this is a wake up call for people who still believe that LUNA will pump since for the incident happen on it for sure no big investors will come on it again.

Only people who have bad agenda will just come and hype this for their own benefits.

[stomachgrowls]

As far as I know they have not been arrested yet.. However, a warrant has been issued for their arrest. All those involved in such a big scam should be brought to book and punished at the same time all their assets should be confiscated. Those who are trying to do that can learn from them.

You're right, I haven't read the news of the arrest of the founder of Luna but there is no way for them to escape even though they are abroad, they should be arrested immediately because this case must be immediately brought to court to be prosecuted before Crash Luna 2.0 (probably), I hope everyone follows up on news updates about the arrest order so that it doesn't get swayed by the hype that temporarily increases the price of luna just to profit the whales.

He cannot go anywhere nor live a easy life if he flew and go abroad knowing he has standing warrant of arrest so I guess this is the end of their schemes on what they do to their holder. I hope this is a wake up call for people who still believe that LUNA will pump since for the incident happen on it for sure no big investors will come on it again.

Only people who have bad agenda will just come and hype this for their own benefits.

Whats money if you do live a life which you do live in the shadows and trying to avoid the authorities for the rest of your life? Its never been a wish to have that life.This is which this situation will really
be an eye opener for those who do plans similar to this.
LUNA sinks 20% after South Korea issues arrest warrant for Do Kwon
https://cryptoslate.com/luna-sinks-20-after-south-korea-issues-arrest-warrant-for-do-kwon/

There's already a warrant..So its time to hide? 
Dont expect for recovery specially into its Terra classic and also into its mother coin.There's no point
on investing into these things.

[Chainsmokers]

i think terra classic is not a recovery in terms of the project, but only recovery because of fomo,
this is why i suggest you don't have to invest in Terra, it is very volatile and very dangerous if you want to enter there, better forget it

[nurilham]

I do not advise you to invest in the Luna Classic, there is a lot of bad news about it and about its founder, so it is a coin that is not worth the investment because the Terra team is the team that caused the collapse of their previous coin, I sold everything I had in this coin after it was pumped during the past week, I do not have more money to lose with it or to take risks,-snip-

It is a good decision to sell all your LUNC during the pump. Because too much bad news about this coin, I guess LUNC is starting to drop again. LUNC price was around $0,0005 on September 08, now it already dropped to $0,0003 (September 17). I predict the price to drop again below $0,0002 at the end of this month. And once it drops below $0,0002, we don't know whether the price can increase again above $0,0003 or not. It is too risky, we are better to avoid investing in a too risky coin like LUNC. Especially, it is because the LUNC team has a serious problem previously.

[Kadal Ijo]

The thing that makes us optimistic about the long -term terra project is that they are supported by a solid and certainly large capital community, I'm sure 2 or 3 years will be recovered and enter the top ranking as before.

[SUPERSAIAN]

How can you trust this project after all that has happened, they just scammed people straight, stock markets still list and people are willing to invest, this situation seems strange to me. I had heard that an arrest warrant was also issued for the CEO in South Korea. In other words, let them make a road map a hundred times again, once the foundation was shaken. it doesn't get better, it doesn't make itself recovered.

[rugrats]

How can you trust this project after all that has happened, they just scammed people straight, stock markets still list and people are willing to invest, this situation seems strange to me. I had heard that an arrest warrant was also issued for the CEO in South Korea. In other words, let them make a road map a hundred times again, once the foundation was shaken. it doesn't get better, it doesn't make itself recovered.

But there is one detail you missed. The executive team behind Lunc claims they are no longer affiliated with Dokwon and that Lunc was developed by them. So the indictment against Doknow has nothing to do with Lunc. Currently on the market there are still 2 different versions of Luna and Lunc. This a lot of people confused.

[Sweetbtc]

Yes, it was recovering very fast but the terra's founder's arresting news dumped it again. That's impact big on all luna's coins. Luna, Lunc, and USTC all dumped with the news.

Now, I don't have any hope for this project.

[Captain Corporate]

The drop made sense because in reality that coin was something that had like 50 million dollars in volume into 3+ billion dollars in volume very quickly, inside a single month. When you have something like that, there is usually a foul play, which probably the team was responsible for, they increased the attention by spending money and now that he is arrested its going to keep going down because he can't give orders like this, and probably use the money for legal reasons instead. It doesn't make sense for something to go up as much as it did both on price and volume out of nowhere, with no improvement and coming from a big attack that caused tens of millions of dollars lost to people, it was most definitely a fake.