Quote from: tvplus006 on May 13, 2022, 09:17:41 AM

Quote from: glendall on May 12, 2022, 11:45:28 PM

I think so, at least save a little LUNA and hope to return to the original price even though it's impossible,

Over the past day Terraform Labs has printed more than 6 trillion Luna coins, so the option that the price will recover is no longer considered. And it is possible that the circumstance will attract the attention of the SEC and entail the prosecution of Do Kwon, the CEO of Terra creator Terraform Labs, because what happened is a scam.

Their "excuse" for such an action is that they could print but they could buy back and burn it as well when all things are back to normal. I do not believe that, I never owned any luna in my life and I will never own any after this neither, it is just not making any sense to me.

I have seen too many people got in with "how much more could it fall" mindset and I have seen them fail many times before as well, that is not the way to go and they are making a mistake. I hope that people will realize their mistake soon and not get in. The team will not buy that much coins from you and you will end up with a big loss eventually, there is no doubt about that.