If there is a FORK and not a BURN, it will end badly

Governance & Proposals
#1

People will SHORT the fork so hard, if we burn using the btc reserve we might have a chance to bring investor trust because price will spike giving LUNA more liqudity.
FORKING will cause everyone to short LUNA back down into a down trend!

PLEASE LET THE DEVS KNOW! CZ IS SAYING FORK IS BAD ALSO!

I know old holders want a fork, but even with a fork luna price will only be at 2$ at best, and everyone is going to short the shit out of it, and as luna goes back to pennies, more trust is lost. And nobody is going to go through the hassle of dealing with LUNAv1 and v2

BUYING BACK AND BURNING INCREASES TRUST AND I HATE TO SAY IT BUT FOMO AND HOPE IT WILL RECOVER

9 Likes
#2

Only solution that has a chance of succeeding https://agora.terra.money/t/8-steps-to-save-luna-now-economic-refactoring-proposal-from-industry-professionals/

2 Likes
#3

If they go with the fork route they will lose everything since everyone will sell the moment they get their redistributed tokens.
If they go with the burn route Do Kwon and everyone that bought before the crash lose most their money but they can buy in now an earn it all back.
Best option for Luna is to turn it into a meme rename it to $LUNATIC say they will burn 100 billion tokens a day or whatever and people will jump in.
Honestly if yo are a bagholder just vote for the burn route, you probably hate Do Kwon now and want to see him lose everything.

3 Likes