Bitcoin Forum

What do you guys think about Tron (TRX) for the long-term? A lot of people are saying it's a shitcoin because the white paper is weak, and that the ceo Justin Sun supposedly sold billions of his shares in the coin.

It was exploding reaching record highs just recently, but the recent news has brought it back down to earth. Also, the volume is decreasing as well.

So is this fud on part of people who want the price to go lower to buy in, or is it really a shitcoin? :confused:

BUBBLE TRON
Capitalization: $11B
60% is standard boilerplate stuff, like the description of the distribution of tokens, teams, risks, and standard ERC20. 40% is a rip-off with wp Filecoin, IPFS, WITHOUT specifying the references or authors.
He can not claim it. The Multibillion-dollar project now. Maybe that will get them. But he is definitely the bubble. Now it should not cost 300 million. There's nothing in there. How is it that the price is so high I don't understand...

It may be a bubble. I personally don't trust coins that are not in top-10 list by market cap. Although the idea of Tron is interesting and promising, its whitepaper is not so clear. I'd rather check it through again and think whether it's trustworthy or not.

It seems to me that TRON is a scam. How do you say that? Most tokens are in the hands of the authorities, and the manipulation of prices becomes easier.

This is so funny when most crypto's copied bitcoins technology. I see no point in nitpicking similarities in whitepapers. As long as Tron delivers, please continue to copy and improve

Watch the Announcement interview... end of story.  If you view Justin as a money handler, hand over your bills!

Read the plagiarized white paper. Reading it will help you figured out what filecoin project is about.

https://www.ccn.com/trons-whitepaper-appears-plagiarize-filecoin-ifps/

Maybe you should invest in filecoin? I mean they actually wrote the whitepaper...

When distribution is done by people, You should expect to see scam. How many of you participated in storj network by renting your hard drives and your internet? I was scammed by them, After a month they decided to send me storj worth $1 After using 100GB of my internet I got a buck. If you have the same distribution here, Call it scam.

Things are unclear, but it does not mean it is a scam.

If the development team is doing something, it has a solid project going on behind.
Just stay up-to-date with project roadmap, and exit if things do not move forward.

I have traded my Ripple to Tron a couple of days ago since they will be integrated to Korean exchanges. Unfortunately, CoinMarketCap has decided not to include Korean exchanges from their list because there will be a huge influx of trading activity there.

They're having an upcoming partnership with Game.com and there's a brand new ICO that will be using TRX as their main cryptocurrency for funding. It would be huge once that ICO called "OCoin Odyssey" will be launched soon.

Yes, its whitepaper is very weak, and moreover looks copy pasted, so to avoid any difficulties I prefer to skip it.

Anyway it is not 10x more potent. It is not safe. It does not look stable. So, any reason to hold it?

I think the price of coin up and down is normal. Can not see it go down and call it shit coin

I personally think it is. But a lot of bag holders from before are just enjoying the insane price run up. I wouldn't hold long term personally.

As a Chinese, I hope you will not buy this token, which is not a good token, but more like a ponzi scheme.

Few lads I chat with made the following great analogy: "Justin Sun is more interested in creating a HypeChain than a BlockChain"...

I dont think it is scam, I liked that developer approach through when he said he will be in the top10 soon and they did that.

I have no trust in him, although they say that he has great prospects. It is better to wait time and see what will happen to him and how he will bargain in the market, and then decide what to do with it.

No TRX is not a scam coin. Tron has a great team and vision, marketing around it. Even Tron founder Justin Sun said TRX is a long term hold (ten year plan). Hold on the ride will be worth it.

i hear that tron was doing plqgiarism to other project. i hope its not real and need clarificatiom from the ceo about this. i still believe tron have great future.

TRX is not a Scam, they have a really good team under Justin. I believe in Tron and If you don't jump into the Train now. You'll feel sorry later.
Big Announcement coming in the next 48 hours and I'm sure, I'll be heading to the moon :)

if I am personally not interested at all about TRX. For one thing, the information contained in the box is not very convincing

Here are some answers that I found regarding some accusation for TRON.

https://medium.com/@TwentySumCrypto/tron-trx-coin-killing-fud-rumors-a-presentation-of-counterpoints-1ae14629821d

With so much fake news it's hard to get to the truth, but I believe most of what is written in this article.

 

To me its just hype... I dont like Sun and his way to manage trx.. seems a teenager.

TRX is definitely not a scam, there are a lot of people in the past who already earn a huge amount of profit by investing on mnx because the price has skyrocketed in the market just this past december.

I don't think that its a scam. What's happening is simple, the demand is high when TRON is at its peak and it gradually decreases once the demand declines. What I am not sure of is that if someone is causing the demand. No one can really tell. About your question if TRX is for long term, without a doubt, it is one of the coins that was worth hodling regardless on what's on the whitepaper - read that the whitepaper is weak.

No, the tron(Trx) is not a scam, as a matter of fact there are lots of investors in this company and through their expertise many people are trusting them and continuously investing as well.

I believe tron is one of the good altcoins i ever known and fud is just fud which is getting the attention of many because  of the bad market situation now due to the crash of bitcoin.