The truth about Terra Luna Classic

[hack3rcon]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

[blockman]

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

[wheelz1200]

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

As long as people are buying and selling it and he can make a percentage on the trade then why not.  It amazes me how much people are willing to put into luna at this point.  It's a complete gamble that will eventually fade away.  Lunacy if you ask me.

[BitcoinPanther]

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

Why does TrustWallet pay 15% profit to staking it?

CZ isn't even delisting it on Binance so, I think that he's still keeping the one that he's got from the team and they're in total loss with this project. A 15% is attracting more people to stake it but it's useless because it's not going to go up unless you still got a lot of it and you've taken that before the debacle because you can't sell it due to big losses.

As long as people are buying and selling it and he can make a percentage on the trade then why not.  It amazes me how much people are willing to put into luna at this point.  It's a complete gamble that will eventually fade away.  Lunacy if you ask me.

True, these centralized services always aim for profit and they do not care if it is a shitcoins or a scam coins, they will continue to list it as long as it meets the requirement.  I do not think that Terra Luna is recovering, the head of the project is already in hiding so I guess any movement from its market especially when it is an uptrend is  a pump attempt of some group that wanted to make a huge profit before they decided to get out of Terra Luna.

[Venik]

I don't think it's gonna fully recover. And I don't really understand how people can buy and trust it after what happened, even tho Do Kwon has nothing to do with it now.

[blockman]

Hello,
Is Terra Luna Classic recovering?

I doubt that it's entirety will recover.

As long as people are buying and selling it and he can make a percentage on the trade then why not.  It amazes me how much people are willing to put into luna at this point.  It's a complete gamble that will eventually fade away.  Lunacy if you ask me.

Right, a total gamble that they're willing to take risks. Well, there are still traders that are moving the markets of it and that's why many are continuing on trading it.
We have an idea of what has happened to it but people still not stopping completely on it because they still see a lot of people buying and selling it. Well, a time will come that it'll completely be down or if I'm wrong and these folks earn then that's all good for them.

[Nwada001]

Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

The 15% staking reward idea is simple..
When you hear about a 15% reward for staking on a non-custodial wallet like trust wallet it sounds tempting which will trigger lots of people to go and buy large amounts of Luna classic in other to stake and get staking reward, the greedy will pump in thousands of $ so that they will make huge reward out of the staking, why they are busy rushing and buying the demand for for Luna classic will increase which will also impact on price positively.. that's to say their will be possibility of price increase.

When you will be busy buying and price is going up why the entity  who are behind the staking reward idea will be watching to see their target ones that is reached they will sell off their holding which will eventually bring down the market back to where it was before the staking started or even worst.

Since Binance is still with their holding they can implement any means necessary which will sound convincing in other to get something out of nothing which their holding is worth now..

The staking is just a game which I believe won't end well for those who want to acquire Luna and stake.

[Baofeng]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

Really hard to say if they are going to recover or not, because the damage has been done. Although we may see some occasions wherein it will be pump so hard by the obvious p&d group and then goes down again. This might be the lifecycle and the ultimate test will be in the next bull run, we will see if it has what it takes to survived.

As for the staking, I can only think of Trustwallet maybe wanting people to reinvest with that huge offering. So it's up to investors whether to bite on that big 15% staking profit or had enough with the Terra Luna debacle and will have to move on to other projects.

[d3nz]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

Really hard to say if they are going to recover or not, because the damage has been done. Although we may see some occasions wherein it will be pump so hard by the obvious p&d group and then goes down again. This might be the lifecycle and the ultimate test will be in the next bull run, we will see if it has what it takes to survived.

As for the staking, I can only think of Trustwallet maybe wanting people to reinvest with that huge offering. So it's up to investors whether to bite on that big 15% staking profit or had enough with the Terra Luna debacle and will have to move on to other projects.

i doubt that this is their strategy for LUNC to be still active on the market, they knew that people who earn from staking will probably sell off their stakes. The only problem is that the price of LUNC will probably go much lower since it's much easier to earn more LUNC by staking which has a negative impact on those who bought for a higher price.

[ultrloa]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

Really hard to say if they are going to recover or not, because the damage has been done. Although we may see some occasions wherein it will be pump so hard by the obvious p&d group and then goes down again. This might be the lifecycle and the ultimate test will be in the next bull run, we will see if it has what it takes to survived.

As for the staking, I can only think of Trustwallet maybe wanting people to reinvest with that huge offering. So it's up to investors whether to bite on that big 15% staking profit or had enough with the Terra Luna debacle and will have to move on to other projects.

To hard to forget about past incident happen to them that's why this coin struggle so bad in terms of regaining the trust of their past or even the new investor since the damage is so huge and it cost a lot of money from its past holders. Maybe the action they do lately is just to hype this back but I doubt they get success since it might provably take time before they accumulate many holders back again.

Also maybe this is just part of Trustwallet promotion but let see if they can convince people to join this staking promotion.

[Hamza2424]

I don't know why this shitcoin is still discussed in my view there are -ve Percent chances for the revival of this project. Dear fellow LUNA is now just a shitcoin nothing more then that. I dont know which model they proposed to revive LUNA but their community is now broken and if you don't have community then dear there ia no hope left behind. Bitcoin crashed many times but what it own is Bitcoin community who never betrayed their Freedom.

[codehtcmail]

Did Bitconnect recover ?
The only thing holding it is Binance not delisting it, some fanatic community who lost touch with reality combined with craziness in crypto world, I mean Doge and Shiba higher than LTC, Monero, Cosmos...

[Xal0lex]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

Because they want to attract more liquidity for various operations, be it arbitrage or swaps. Do not believe the great interest, in most cases this will not end well. Luna Classic is unlikely to ever recover, the project holds on only due to speculation and various initiatives promising holders a large percentage.

[Elpeor00]

In short, a (price) recovery to the historical highs is very, very unlikely in the foreseeable future, it has lost the trust of most serious enthusiatsts and is not yet at low enough cap to one lone whale pumping the sh*t out of it... it will survive for now as a pump and dump coin in binance, and thats it, can't expect more

[Kelvinid]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

That is the only that keeps this project alive because investors are not trusting them anymore, maybe some greedy people who after that 15% reward.
As we can see, a big exchange like Binance is not accepting Terra Luna meaning they are not also comfortable having this project on them for they believe that this might cause a problem in the future, and might investors/holders will blame CZ.
I'm not sure why TrustWallet does but it was their choice as well. They can take the risk but 15% is not really attractive for a scam project to gain support and trust.

[o48o]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.
Thank you.

No. Damage is beyond repair. Of course there will be people buying and selling it but they are either just trading or waiting for a miracle. They don't realize how these kind of fatal issues has turned out in the past.

That is the only that keeps this project alive because investors are not trusting them anymore, maybe some greedy people who after that 15% reward.
As we can see, a big exchange like Binance is not accepting Terra Luna meaning they are not also comfortable having this project on them for they believe that this might cause a problem in the future, and might investors/holders will blame CZ.
-cut-

I am not sure what you are talking about. Terra luna and terra luna classic are being traded in Binance. And why wouldn't they as long as they bring money to binance? Someone could ask that is it moral thing to do not delist it but there's money to be made by shorting and longing and they won't be turning that revenue down.

[Bitcoin_Arena]

Hello,
Is Terra Luna Classic recovering?

Let the dead continue resting

Why would you have to focus on a project that literally made thousands lose money and got abandoned by the owner because he personally very well knows it will neevr recover?

Just go look at the circulating supply of LUNA classic before and the after the LUNA crash. You will understand why it will never recover.

Why does TrustWallet pay 15% profit to staking it?

To attract people like you who have no idea about market manipulations and make you buy and hold shitcoins

Why is it so hard to buy Bitcoin and wait for a 15 or 20% price rise and sell it off. This can all happen in less than a month or week.

[el kaka22]

It's not, and it won't. There will be a lot of marketing by the team to make sure that people come back to it, so that it could revive again but as we all know it's not going to happen and it's a dream, nothing more. In reality Luna and anything related to Luna, including the classic, will not be a good project ever again. It's going to end up being as bad as it gets and it's going to cause as much trouble as it possibly could.

We just need to learn to live with the fact that it's not going to come back with any problems at all. I know it's not going to be easy, I know it's going to cause a lot of trouble to many people to face the reality, but no matter how upsetting it is, we just need to accept it.

[Wiwo]

Hello,
Is Terra Luna Classic recovering? Why does TrustWallet pay 15% profit to staking it?
Any idea welcomed.


Thank you.

At this point, investors should consider moving away from this project after it collapsed on them leading to huge loses and whatever, terra luna classic is not different from the crashed terre luna coin and by the way one can not trust any projecr that have had a track record of a crashed and swapped process because there is no clear disconnection of both old and new since individual holder can possibly swap their old coin to a new one.
So it becomes a win win for the team whi dumped the old tokens and has tons of the old coin to swap to ×2 of the new coin.

[Hildentine]

I think Luna Classic is a past stronger project but they suddenly down and alot people loss there fund so it that point people can't interested in that project more.
So many news are coming luna classic pump in future and they reach $1 but i simple said that its a very difficult they reach that figure because people not invest there Money in this project because they already loss.