What do you think about Terra's plan to revive itself?
Does this really have a chance at all?
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What do you think about Terra's plan to revive itself?
Does this really have a chance at all?
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I am simply done with Terra. At least for now. It's like Steem-Hive event. Steem had a great potential to takeover the world but it was too centralized. Then community took action and created Hive. I wish Terra community will either create their Hive without Terraform Labs owning the whole place or do something greater with their learnings. ✌️
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It may be time to update the Terra (LUNA) Guide at @crypto-guides, whether it gets support from the larger LEO holders or not.
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I think that would be hard. Most of the people over there were chasing yields, right?
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If they are serious about reviving it and the support of their community is still solid, perhaps they have a chance. Time will tell.
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What could the distribution of 1 billion new tokens solve? Its current price is about $100K. I don't know much about this, but when I think about it logically, it seems difficult to solve the problem in this way. Does anyone know exactly what this means?
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I am not sure how they do it either. To me, the fact there was nothing really on chain shows that it was not worthy of holding up.
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I don't have any investments in Luna, but I would love for it to be revived because there are so many losses. But these steps do not look promising.
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I want all crypto to succeed. We are still a very small world.
However, I know, just like the early days of the Internet, there were a lot of failure to learn from.
This is going to be the same.
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I absolutely agree with you. There is much to learn. It is sad to see such collapses in the markets, but even if it is painful, all of these are experiences and we need to learn a lesson.
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This would serve as lesson to them, and of course the whole cryptocurrency world should learn from their mistake.
These early days will be full of vulnerability. Just have to keep moving
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It was up by like 1000% last time I checked but I don't know if that's a dead cat bounce or what.
Not sure if they can save this because it looks bad, but I hope people can at least recoup some of their losses
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No, I don't think it really stands a chance because he never stated what he would change to make sure the peg holds.
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If it works, it would work in few years. Not in anything considered near future by current cryptosphere standards.
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No, plane and simple… their name is ruined.
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