There are lots of scenarios where the Luna becomes somewhat valuable again. A tr... | Hacker News

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javert on May 16, 2022 | parent | context | favorite | on: $3B in Bitcoin was sold in a last-ditch attempt to...

There are lots of scenarios where the Luna becomes somewhat valuable again. A truly major crypto coin like Luna has never truly disappeared. Probably someone will make a fork like "Luna Classic." There are lots of these things (ETH classic, Bitcoin Cash, Bitcoin SV) that have zero rationale for existing, but are still traded with a high valuation.

tl;dr people will attempt to reflate their bags; some moderate success cannot be ruled out.

skinnymuch on May 16, 2022 [–]

Eth classic is a good one to exist to remind people about what decentralization means these days and what trust the contracts/code really means.

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