money: What happened to Terra Luna's value and is it recoverable?
Never DM You First
What is your opinion about the Luna crash?
Real talk from a lunatic to others, with love. If $luna dips under $10, we're likely to see $1 luna before $1 ust. There's not much anyone can do. There's $200m+ of liquidations in front of us under $10 and not many visible bids on exchanges. This is a sad day. LUNA Is Big Scammer For 2022 Don't entry on #LUNA or u will lose , be careful always use free funds Its Not Financial Advice
Did the Luna value crash has affected you in any way? Please elaborate.
Yes , of course LOL 😂 i have some $LUNA ON Delegate , is bad news for Delegaters , how many Dollar have ready lose for this moment ? Loss So many millions of dollars lost instantly, this is a blatant money laundering that is clearly detrimental to everyone!
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
This is very bad and heartbreaking news in the crypto world definitely not! why? Yes, CEO Founder Do Kwon is very irresponsible for this incident, of course, investors are very hesitant to return profits, of course the price will be played by some mafia
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
Under 0.1 cent
Osita O VictoryA young crypto enthusiast
What is your opinion about the Luna crash?
This is actually looking like a mismanagement of funds from the team, they went ahead to sell a large amount of Their UST without having any backing for the pegged value of their UST. This made them mint more Luna and Luna price kept going down. People lost money, not just from Luna but also all coin in the network lost almost 95% of their value.
Did the Luna value crash has affected you in any way? Please elaborate.
Yes, I had a lot of Luna based coin such as the Loop, loopr, TNS, halo, STT, and many more and they were all dragged to the mud. My UST WHICH WAS MEANT TO BE VALUED AT 100$ WAS NOW VALUED AT 11$
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
This is a case of 50/50 as the GAM holding has made an offer to support Luna with the sum of $2B to $3B and also the total supply of Luna will be burned down to 1B.
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
1$ to 6$
Anatolii YuziukCrypto holder, NFT creator
What is your opinion about the Luna crash?
The creators of Luna made a mistake in managing their project and now the coin is not attractive. There was a big hype. I will not trust Terra Luna.
Did the Luna value crash has affected you in any way? Please elaborate.
Yes, I had Luna mounts staking on Binance. I had to take them out ahead of schedule. The price of the coin is very low. I'm sorry for the money spent.
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
I don't think the coin will recover. Since major exchanges such as Binance closed many projects on Luna. It will be difficult to regain their trust, and even more so the trust of people. Let them arrange free distribution (faucet) Luna.
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
1 Luna = 0.001 uah
Ferry SetianaAdvertiser
What is your opinion about the Luna crash?
In my opinion: LUNA was deliberatery sacrificed to cover UST 's losses. It's ver sad because many people lost their money. Including me lost a lot of money in Stake LUNA .
Did the Luna value crash has affected you in any way? Please elaborate.
Very influential because I lost a lot of money. I stake 188k LUNA in 30 Days lock. Value $188k now it's worthless. Work just $9 and non- tradeable. LUNA Delisting in many market.
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
In my opinion about the future of Crypto. If the Central Bank raises interest rates, many people will choose to invest in deposito or buy and selling securities so that it has an impact on Crypto price. Maybe big players will sell their asset so that Crypto price will decrease sharply. I hope LUNA can rise up like DAO did in 2016.
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
Maybe $0.1 I hope LUNA price in $1
Rick SpindlerInvestor
What is your opinion about the Luna crash?
I lost a great deal in LUNA. But I knew the risk. I simply felt that UST was collateralized enough to prevent the machinations of the raider. I thought UST was too big, but I was wrong. I also felt that Terra - the network infrastructure - was developed enough now that we would not see it overrun, which resulted in users being unable to cover their leveredged Anchor loans. Again, I was wrong. I knew I shouldn’t be riding my motorcycle without a helmet, but I’m not blaming anyone because I hit a tree. The network infrastructure will be saved and most projects will migrate to Cosmos blockchains. The individual developers will write code and deploy it on app chains - and many of the budding Cosmos app chains like JUNO will flourish with the influx of talent. This is the equivalent of a Formula 4 racing team hiring last years winning teams mechanic. But LUNA and UST are done. There is no coming back. We bet on them and lost. The talent that built Terra will leave. And as a result, there will be no Anchor protocol to earn 20% on your crypto. 10% return on Stablecoins will come to be seen as fantastic and sustainable. This is the new reality.
Did the Luna value crash has affected you in any way? Please elaborate.
I lost more than 400 LUNA. And I had UST deployed in liquidity protocols all across the Defi space. So, yeah. I was effected. Bitter? Not really. I knew the risk.
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
LUNA will not recover. Not simply because no one will trust Do Kwon. Money forgives hubris; that just takes more money. But we will never see another completely algorithmic stablecoin. All Stablecoins will be collateralized, so the basic use case for LUNA no longer exists.
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
Effectively 0. It will never be exactly 0 for the traditional reasons, but LUNA will become valueless as people come to terms with the idea that the talented developers that built the Terra Network are no longer contributing.
Aleksander D.Entrepreneur, crypto investor, programmer
What is your opinion about the Luna crash?
Terra crashed because of their UST peg algorithm fault as it's imperfect . UST is stablecoin of Terra ecosystem which is pegged by a math algorythm in order to balance it's supply and demand and keep the rate as 1 UST = 1$. LUNA is used as collateral for UST’s peg in this algorithm. So, LUNA is burning to mint more UST when UST value increases and users sell LUNA for UST, or it's going vice versa if UST value decreases. Because of a market situation within last some months, the LUNA circulation supply was permanently growing to maintain this balance, but more of Luna supply means reducing it's price. Then a sudden large dump by a whale provoked a panic sale, the algorithm was unable to maintain the balance at time, and the panic was growing like a chain reaction up to the price crash to zero.
Did the Luna value crash has affected you in any way? Please elaborate.
Yes, i was holding some LUNA, UST and some Terra tokens. My Terra portfolio went about 98% down. It's sad, but fortunately the total amount was not so significant. I can afford to lose it.
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
As a LUNA holder, i still have a hope for it's recover , of course. But also other fact add me a hope.Terra is a large ecosystem, it includes many useful projects with a real usecase, many people have invested a lot of money & efforts, and don't want just lose&forget at once. And now all of them have a challenge what to do the next, how to save Terra and their own investments, projects, etc. A such large&talented community is able to find a right solution, i believe.
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
Let's be realistic. I hope for LUNA recover, but it will take much longer while after a such big crash. So, i think that LUNA will not go higher than $1 -$2 until Q3
Rohison Hakim AlfiqriTrader
What is your opinion about the Luna crash?
Im so sad, because i hold much of luna. 85% my money i use to buy luna and now my money is 0. Yesterday im going down, im not eat for a day, im stress
Did the Luna value crash has affected you in any way? Please elaborate.
As i say before, i hold 3250 luna i buy it at $95 price. Im so sad, luna team already rug my money. And im hated do kown is devil. And he is kill my life from crypto
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
I think will not, today luna not make a new block. And they block is stop operating, i swap my money from puna yesterday frok 32k$ and now i just have 117$ 🤕
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
0
Dhimas PermanaLuna pump
What is your opinion about the Luna crash?
Luna terra has been delisted in some markets, even though the price drops to 99.99% hopefully there will be a miracle, tera luna can pump it to a price of 2$ and hopefully there will be a significant overhaul
Did the Luna value crash has affected you in any way? Please elaborate.
Of course, it greatly affected my finances and so on other people, I invested 50$ in luna tera and now my money is gone in the market, it makes my head hurt not bleeding, RIP luna, and you fuck koran coin
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
Corona virus affects the selling price of crypto, coupled with the war that occurred in Russia and Ukraine, making investors think twice about investing, now all crypto prices are in the red, for Luna I don't know but hopefully Luna can get back into the top 10 in coin market
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
Maybe around 2$
juno kichilife is tough
What is your opinion about the Luna crash?
It just happened, i hope it'll recover as soon as possible, a lot of people losing money today, i hope they're not doing something reckless.
Did the Luna value crash has affected you in any way? Please elaborate.
It did. I lost money before i can sold it. Even though the amount not big as other but it's still money. I hope it could recover even if the chance is small
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
This month will be rough for the crypto. Hope the next month will be better. For luna, i just hoping it will. The chance is very small......
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
$1
Earning ZoneOnline earner
What is your opinion about the Luna crash?
Luna coin crush only for the team who is working on behind this coin. I hope it will recover slowly in two or three year. But only for There mistake many people lose a huge money.
Did the Luna value crash has affected you in any way? Please elaborate.
Not... I have not invest in luna....i am trying all time to invest in low price coin... Not high price coin...its my own opinio. High price coin give huge lose everytime.
In your opinion, what will happen next in the crypto sphere? Will Luna recover?
Luna will never recover again. If it will stay in market then maybe it will be 1 or 2 doller but not more then 2$. This coin is a big scam in the crypto history.
What is your price prediction for Terra ($LUNA) in 3rd Quarter 2022?
0.01$
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.