LUNA is going to recover. It is a full ecosystem and the crypto world cannot afford for a failure of this magnitude. Other ecosystems, blockchains, investors etc will not permit crypto to totally collapse because of one project and a few dollars. The loss of the crypto industry would be massive compared to the few billion in LUNA.
I suggest reading the serious financial media or search for "the future of the terra LUNA ecosystem "
Anyone not buying now is missing a massive opportunity - from 2am UTC yesterday to 18.00 UTC yesterday saw 5700% growth.
How it will recover with almost 7 trillions in supply, you tell me? It will reach what 1 dollar? 🤣🤣🤣🤣
esorlegin
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@IasEn, Read the serious finacial press - they are burning - thats why the coin has gained value and people are making profits. Your choice.
IasEn
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@esorlegin, And they minted new coin LUNAS. Improved protocol they said...
JasonValice
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@esorlegin, LUNA will not recover, stop taking the blue pill. Terra is done, this coin will have shiba inu supply by the time this is all said and done and it still won't be able to peg back to $1
esorlegin
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@JasonValice, Terra is an ecosystem - it supports dozens of other projects and has connections with other chains and ecosystems. The industry is interconnected and ther for, with ecosystems, interdependant to varying degrees. The serious press is very informative and far more reliable that many sources peole think are the gospel truth. If it fails, it will totally FUBAR the whole crypto blockchain industry - ergo, it is in the nest interests of everyone that it makes a full recovery - which is why it has a full recovery plan - which includes burning lots of LUNA. Ask yourself WHY DID BINANCE AND OTHER EXCHANGES LIST THE COIN AGAIN. WHY ARE EXCHANGES ADDING IT BACK INTO THEIR FUTURES PAIRS. You can check for your self by researching 'the future of the terra luna ecosystem'.
IasEn
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@esorlegin, It is dead. No trust anymore. Especially the guys that bought at the top. With 7 trillions of supply it is gone. Burning is not an option. Rollback too. Buyback also is not an option, cause lots of people bought at 0.000003 lets say. Tell me how it will be back at dollar. Bots are finishing it now. Now it is confirmed that all bitcoins were transferred to a single Gemini wallet. It is a rugpull, get over it. You just saying this cause you want to sell to noobs. april122 is another scammer here, maybe another account of yours
JasonValice
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@esorlegin, lol you are delusional if you think that. The whole crypto blockchain industry isn't even budged by this either. Look how all the other big important projects didn't even suffer from Luna crashing. Terra has never been a coin that many others rely on, it was just another stable coin. The whole community can agree that stable coins are very risky and many people saw this crash coming as Terra was an algorithmic stable coin. The founder himself said in an interview that Terra would one day fail and die. (look it up if you don't believe me.) Recovery Plan my ass, he is literally just making a new coin and recycling the same name for the hype. All you dummies that bought in the first time will buy n again and continue to help may Do Kwon rich. Keep taking the blue pill it's pathetic.
It is a full ecosystem and the crypto world cannot afford for a failure of this magnitude. Other ecosystems, blockchains, investors etc will not permit crypto to totally collapse because of one project and a few dollars.
The loss of the crypto industry would be massive compared to the few billion in LUNA.
I suggest reading the serious financial media or search for "the future of the terra LUNA ecosystem "
Anyone not buying now is missing a massive opportunity - from 2am UTC yesterday to 18.00 UTC yesterday saw 5700% growth.