Terra Luna Questions

[Mate2237]

Take my sincere suggestion and stay away from these Terra related coins it will just kill your piece of mind and push you to anxiety if you are not actively monitoring and trading because it's been three days I have entered into it for some quick profits and indeed I have got good returns but being a tenured trader I find it difficult to control emotions and the price fluctuations are really difficult to manage, it's a clear manipulation by the whales to end up dumping everything in the market with big shorting. If you want you may try one time trade for some quick profit but at per high risk potential. Don't indulge into it.

Well the resurrection of Terra Luna to Luna Class might be different from the former and the operations might be different and if anyone want to invest you don't have to tell the person to stay clear from the project but you can tell the person to be careful with the investment. And I can remember when the latter was launched and the dead if the former. And the latter was launched when the CEO of the former was still in the custody. And they have survived for almost a year so it might not be a scam project.

They might have good intention and as it is people are investing in it and the coin is growing. And anyone who is interested to invest should invest with the amount that they can loss that will not pain them. All altcoins are risk and it is better for one to be careful with their investment.

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[zasad@]

So I heard about what happened a while back with terra luna going down and also the stablecoin.  At the moment, what is the current price for the original terra luna and the stablecoin related to it?  I remember at one  point it was close to 100 dollars usd for the original coin but how much is it now?

If we talk about their stablecoin, then I am sure that this is speculation. The losses of stablecoin hodlers are huge, more than $5 billion, and no one is going to compensate for the losses. If the news reports that the price has returned to $1, then it’s time to sell.

[Silberman]

Take my sincere suggestion and stay away from these Terra related coins it will just kill your piece of mind and push you to anxiety if you are not actively monitoring and trading because it's been three days I have entered into it for some quick profits and indeed I have got good returns but being a tenured trader I find it difficult to control emotions and the price fluctuations are really difficult to manage, it's a clear manipulation by the whales to end up dumping everything in the market with big shorting. If you want you may try one time trade for some quick profit but at per high risk potential. Don't indulge into it.

Well the resurrection of Terra Luna to Luna Class might be different from the former and the operations might be different and if anyone want to invest you don't have to tell the person to stay clear from the project but you can tell the person to be careful with the investment. And I can remember when the latter was launched and the dead if the former. And the latter was launched when the CEO of the former was still in the custody. And they have survived for almost a year so it might not be a scam project.

They might have good intention and as it is people are investing in it and the coin is growing. And anyone who is interested to invest should invest with the amount that they can loss that will not pain them. All altcoins are risk and it is better for one to be careful with their investment.

Whatever arguments being put forward in favor of those coins will fall on deaf ears, it is impossible to expect that after a project completely collapses and it ruins the lives of a lot of people all around the world, with some of them even taking their lives, that somehow people will simply forget about it and once again invest their money in it simply because the developers behind it have good intentions, Terra Luna and all the assets which are part of that same circle of coins need to disappear completely, unfortunately I doubt this will happen as speculators are still keeping those coins alive.

[TimeTeller]

They do lose and gain value over time, a couple of days ago, USTC and LUNC were rising a bit, however, they lost the trust they had before and people only use them for very short terms just to gain small percentages of profit now.

Coincidentally, some time ago we saw that the movement was quite good, but now it has dropped slightly. If we look at it, it seems like they lack focus and expect too much from buyers. I'm just arguing that if they want to speed up and gain market confidence, do a pump when the price is corrected, even though it's not deep.

Let us admit that this project already lose confidence of most community members.
They are only for short-term gains so to speak as it is hard to hold it for long-term anymore.
I guess most trader of these project are only hyping up so they can get good profits.
Not really believing that they have reason to survive. But only because they are still gaining from it.

[Ben Barubal]

  From what I see there in USTC and LUC, to be honest, even if we say that there are a lot of people who do not believe and trust in it because of the scandal it did in 2023, it is still undeniable that when you look at its trading volume in Binance or in the market, it is still too big to be honest.

  This means that there are still many manipulators holding it to hype the community traders in the crypto space, so it is likely and obvious that what will happen here when the halving and bull run come is really just pump and dump, because I don't see anything new either. development on their platform, but if you know that the price will go up, be cautious at all costs.

[batang_bitcoin]

 From what I see there in USTC and LUC, to be honest, even if we say that there are a lot of people who do not believe and trust in it because of the scandal it did in 2023, it is still undeniable that when you look at its trading volume in Binance or in the market, it is still too big to be honest.

That's because they're in Binance and I think that Binance is still milking the remains of it. But once the volume goes down or when the time comes that Binance gets themselves done with it, the volume will dramatically go down. And that's the reason why they need to rethink of it because it's known that CZ is stil supporting it, despite that he's no longer the CEO of Binance. I guess that there's still some continuation of what he has started supporting these coins.

[JeffBrad12]

  From what I see there in USTC and LUC, to be honest, even if we say that there are a lot of people who do not believe and trust in it because of the scandal it did in 2023, it is still undeniable that when you look at its trading volume in Binance or in the market, it is still too big to be honest.

That's because they're in Binance and I think that Binance is still milking the remains of it. But once the volume goes down or when the time comes that Binance gets themselves done with it, the volume will dramatically go down. And that's the reason why they need to rethink of it because it's known that CZ is stil supporting it, despite that he's no longer the CEO of Binance. I guess that there's still some continuation of what he has started supporting these coins.

thats true seemed he really favoured this coin to be honest, even go as far as keeping the future contract might make us wonder whats actually left of this coin, regardless the trading volume still being high was mainly because are so attached to the coin, might be some people that are still willing to hold it thinking it'd eventually regain its value in the future, also the whales comes into play in this coin making things worse, sometime the coin pumps out of nowhere significantly and the next hours it dumps into oblivion.
but I guess people are favouring such fluctuation and try to get profit from that, so no wonder the trading volume remains high, we also see same case with meme coin despite being abandoned by the devs, it instead thrive, but never forget that a coin without fundamental might just vanish into thin air the next day.

[batang_bitcoin]

  From what I see there in USTC and LUC, to be honest, even if we say that there are a lot of people who do not believe and trust in it because of the scandal it did in 2023, it is still undeniable that when you look at its trading volume in Binance or in the market, it is still too big to be honest.

That's because they're in Binance and I think that Binance is still milking the remains of it. But once the volume goes down or when the time comes that Binance gets themselves done with it, the volume will dramatically go down. And that's the reason why they need to rethink of it because it's known that CZ is stil supporting it, despite that he's no longer the CEO of Binance. I guess that there's still some continuation of what he has started supporting these coins.

thats true seemed he really favoured this coin to be honest, even go as far as keeping the future contract might make us wonder whats actually left of this coin, regardless the trading volume still being high was mainly because are so attached to the coin, might be some people that are still willing to hold it thinking it'd eventually regain its value in the future, also the whales comes into play in this coin making things worse, sometime the coin pumps out of nowhere significantly and the next hours it dumps into oblivion.
but I guess people are favouring such fluctuation and try to get profit from that, so no wonder the trading volume remains high, we also see same case with meme coin despite being abandoned by the devs, it instead thrive, but never forget that a coin without fundamental might just vanish into thin air the next day.

Because after the debacle, they should have delisted that and even telling how much they've got from it became low and almost a total lost for them. I think that they're just trying to recover the big loss that they've from this project and that's why even if many have already abandoned it, they're still on it. This is the reason why these exchanges can do anything that they want and support whatever projects they want to support. There's an agenda why it is still on it and it's either they're still making money out of it or not yet done and recovered from the devastating loss they've made.

[zasad@]

https://finbold.com/terra-classic-price-skyrockets-to-1-billion-market-capitalization-can-lunc-hit-0-0002-in-december-as-tgc-token-also-surges/

"Furthermore, Mint Cash – a permission-less, Bitcoin-backed payments system – announced a potential revival of the Terra ecosystem, Anchor Protocol and USTC, this time collateralizing the stablecoin with BTC. Aleph Research is also contributing to the project, with its executive director Daniel Hong claiming that the revamp plan will rebuild “what the original Terra stablecoin failed to deliver”.

Mint Cash has also announced an airdrop for pre-crash $UST and $LUNA holders, a move that is generating significant interest in the Terra Luna community. The combination of Binance’s futures listing and the Bitcoin-backed Terra revival plan resulted in a strong surge of value in both USTC and LUNC. "

Very good manipulation involving Binance, and this exchange has the largest trading volumes for this coin.

[Belarge]

That's because they're in Binance and I think that Binance is still milking the remains of it. But once the volume goes down or when the time comes that Binance gets themselves done with it, the volume will dramatically go down. And that's the reason why they need to rethink of it because it's known that CZ is stil supporting it, despite that he's no longer the CEO of Binance. I guess that there's still some continuation of what he has started supporting these coins.

Continuation in investing in projects, thoroughly do your research because most of these projects are not clean as intended, their road map doesn't correspond with the present form of the project. Despite Binance losing their best CEO this year, it doesn't mean Binance will just fold up because there's more to achieved and their customers prioritize meeting up to the exact tasks they aspire to accomplish. Binance former CEO Changpeng Zhao have made entries on the market and have numerous investments, he just have to be a little bit careful because eyes are on him since he's been charged for essential cases of misconduct.

[Velemir Sava]

Mint Cash has also announced an airdrop for pre-crash $UST and $LUNA holders, a move that is generating significant interest in the Terra Luna community. The combination of Binance’s futures listing and the Bitcoin-backed Terra revival plan resulted in a strong surge of value in both USTC and LUNC. "

Very good manipulation involving Binance, and this exchange has the largest trading volumes for this coin.

Normally, Mr Zasad@, it's just ordinary speculation to boost prices. If this is true and they commit, the luna price will rebound quickly. And I see that buyers come in only for certain moments when there are positive issues to increase other profits.

[Out of mind]

Terra Luna is a scam project we have seen in 2022 it made the biggest scam. Where investors lost a lot of money, although it is currently active in the market. Since few days the price of all the coins including Bitcoin market has been moving towards high big due to which every coin has gradually increased. Also, the price of Terra Luna increased slightly, but there was a lot of pumping by the USTC. We know that USTC was a stable coin at one time, but its value plummeted due to the project scandal. And currently it is pumping a bit but seeing this pumping there is no need to invest here as it will not give you high profit but risk for your money.

[siniminomorocomunisakito]

Terra Luna is a scam project we have seen in 2022 it made the biggest scam. Where investors lost a lot of money, although it is currently active in the market. Since few days the price of all the coins including Bitcoin market has been moving towards high big due to which every coin has gradually increased. Also, the price of Terra Luna increased slightly, but there was a lot of pumping by the USTC. We know that USTC was a stable coin at one time, but its value plummeted due to the project scandal. And currently it is pumping a bit but seeing this pumping there is no need to invest here as it will not give you high profit but risk for your money.

To justify a scam when it wasn't true before. Now they are still traded on several exchanges, but I am also a bit pessimistic about their movements, whether they will be able to bounce back even though I have also followed their journey to this day.

[Sayeds56]

Everything related to Terra related coins is an attempt to give you false hope in something that may never happen at all, and it is, at best, a pump dump if not a scam. The currency died a long time ago and all efforts to revive it will be related to achieving a temporary profit before it leads to you losing your money. The names are different but the meaning is the same.

Exactly, It seems that a big big player is attempting to mislead new comers in cryptocurrencies market and take advantage of their lack of experience in this industry. Investment this project can only be profitable if a major exchange formally agrees to acquire it, taking on both its assets and liabilities formally similar to we are seeing with FTX exchange.

[jerry0]

Well LUNC seems to be increasing a lot lately.  So if you want to trade short term for profit because you think LUNC wiil go up short term but ultimately will go bad like most altcoins, wouldn't it make sense to buy it and say if it goes up your target percent profit... let say 10% even, then you sell for profit?

[jerry0]

If you want to buy and trade LUNC now, assuming you only have access to coinbase and gemini, what exchange would you have to sign up with?  Either uniswap or pancakeswap?  Also you would need ETH as well since BTC doesn't work with them?

[Sophokles]

Well LUNC seems to be increasing a lot lately.  So if you want to trade short term for profit because you think LUNC wiil go up short term but ultimately will go bad like most altcoins, wouldn't it make sense to buy it and say if it goes up your target percent profit... let say 10% even, then you sell for profit?

If you haven't made your investment before the pump in LUNC then you are already late. This project made significant gains without any reason. It looks like someone is trying to manipulate its price and spread rumors about it within the community. After what happens with LUNA i don't think they have the community support like they did before. But still, some of their old investors are trying to buy back and burn the token for an expected airdrop, I think. Not sure if that's true but it will be a gamble to invest in this project right now.

[jerry0]

Are there people that are short term trading terra luna for a small percentage profit and then selling since long term this coin will obviously go down?

[jerry0]

So the terra usd classic seems to keep going up.  So isn't it worth it to buy it to trade though?  It will obviously never go back to 1 dollar but couldn't hit go to 10 cents or so?