Luna Classic holds the only value left in the Terra Luna network.

File: 11 KB, 250x237, 1648413346837s.jpg [View same] [iqdb] [saucenao] [google]

Luna Classic holds the only value left in the Terra Luna network. Anonymous Fri Jun 10 01:13:42 2022 No.49495224 [Reply] [Original]

V2 will be gone soon. Nobody is supporting it besides the desperate whales that Kwon wiped out then bribed and tried to pacify with a scam "V2" Network. There is a lot of hate for Classic but it's all coming from desperate whales that are trying to reclaim a fraction of their wealth that Kwon destroyed, and a few salty armchair analysts that spend their time crying about a project they purport not to be invested in. I get it. Wouldn't you be pissed if you lost everything to a failed ponzi then saw people buy what used to represent your entire life savings for $10? On top of that, now there is a growing community, a plan for a transaction based burn, and price is appreciating. People are seething, and understandably so, but the seethe is misguided and here's why. With increased legal scrutiny from the US SEC and his home country of South Korea, Kwon is fading away and V2 will go with him. However, Terra Luna was, and still is a leading ecosystem. The fact that Terra Luna hosted a failed algo stable which crashed and lost people a bunch of money doesn't erase the work, value, dApps and most of all, the community that built and is still invested in the original network. Kwon being gone only adds to the value of the network. People are coming around to that. How many failed projects have run on Ethereum? When they die the network lives on. Luna Classic holds a lot more value than some disgraced founder's "V2" scam chain that exists only so he and his friends can dump on you. My take is that Luna Classic will continue to recover, V2 will fade into obscurity, and it will all seem obvious in retrospect.

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance