Bitcoin Forum

Bitcoin utility cant compete with tron.
First I didnt not like the tron chain but now I realise that Only one who Can compete with tron are,

Xrp,  stellar ,  bnb.  Not Even btc not Even my favourite ETH. 

The tron chain  trc20 is so Fast and so cheap to transfer and with so Good liqutity option that its the number one COIN now.

Yes we know btc are old and well known...
But Right now  the tron is leading tron is only Block chain who runs USDT how it need to be run.

Bitcoin Transactions still quite slow and quite expensive.

So Bitcoin utility and use Case its not just that Good.

I also only recently encountered the Tron blockchain. And he pleasantly surprised me. Transactions are instant, the commission is scanty. Now I'm trying to figure out how you can mine there.

As an alternative then you can use tron and other altcoins that are quick and cheap. But nothing will replace bitcoin at the top as it's the first and has been embraced by the world already and that's hard to change. You see old threads that are taking about the same and said that it can replace bitcoin and they should be afraid of it because of the same factors. Until now, most of those remained to be words and while bitcoin has hit another all time high, those altcoins remained good but most of them ended badly.

Imagine believing a copy paste Justin Sun would bring out a good product, tron was only good at is to produce shit tokens/coins to inflate Justin Sun's wallet. Its dropping its ranking since it came out from the market even if its releasing additional coins it cant hold on to its ranking.

TRON is one of the underdog altcoin in marketcap, as can be seen in the market, the price of TRON itself has reached $ 0.1161 with a very high volume of $ 3,106,601,927, even TRON itself is now in the # 22 position in marketcap, in my opinion, TRON can reach at least $ 0.5 by the end of this year and I think by 2022 TRON will explode to reach $ 1-3.

Alot of people don't actually like that Justin guy and its the reason why the coin suffers. If you follow him on twitter you can see why. However he does do some good to the overall crypto community. Like that time he had dinner with Buffet and it was for crypto promotion. And during the GME and AMC pump he got tons of Robinhood people to join the crypto community.

The coin has alot of utility due to the Tether token because of its cheap fees however. As ETH and BTC fees are going higher and higher, people will probably start using Tron more and more if they want to move Tether around. However not every exchange has Tether on the Tron network and this is an issue. Mostly its on Ethereum and Bitcoin.

I think that you didn't even see ADA. it's even faster and much more conservative compared with the tron chain.
Remember bitcoin being used as a store of value while tron aims to be a payment channel system with the smartcontract ability to be used to develop dapps.
This time more and more platforms try to bring bitcoin utility usage through use the 2nd layer solution. Did you know sovryn, and many bitcoin defi?

I pray you are joking. People really need to stop thinking shitcoins are going to replace Bitcoin. Nothing is going to replace Bitcoin. Tron is a smart contract platform anyway, it's not even trying to compete with Bitcoin's utility (it couldn't if it did try but it isn't even trying to do that).

Stop it, don't you have some good words to deliver in this forum, first Dogecoin and not tron, what's next?

These shitcoin will never take over Bitcoins dominance n our lifetime now.

They aren't enough and does not have the support of the community to take that position.

correct how can alternative coins such tron can replace bitcoin wherein even the ethereum cannot? This is like we are making an imagination in here.. Indeed there's a big difference if we will make a comparison through its technology and uses .. So how comes this shitcoins can take over the crown of bitcoin.. It's a joke right? Because it will be a shocking moment if that times happen. Lol

You know what, it's not the technology behind the blockchain or even the transaction speed that make a coin popular and valued high, so many newly created coins out there that surpass tron capability but many of them also not as popular as tron, same thing
with bitcoin it's being called digital gold for a reason despite it's somewhat lacking in feature or even in speed.
also there's reason why many people still prefer deploying their smart contract or tokens in ethereum blockchain rather than tron simlpy becuase people think of ethereum as better than tron.

U cant beat the cheap fees and fast Transactions.

ridiculous

if the most important thing you want is cheap fees and fast transaction why even bother using crypto at all since centralized service like paypal or visa definitely tops that

cheap fees and fast transaction isn't the most important thing in crypto u should know that and almost all the newer crypto have higher tps but see bitcoin standing still on the top, tron itself only as good as alternative for ETH or BTC nothing more  ::)

Then bitcoin should be tumbling done. It has high fees yet the transactions are kept going. It's just about how you set the fee that's acceptable to you. $10 fee can be cheap for a $1000 transaction and more.
There's no need for bitcoin to be afraid of because time and time again, this has been addressed many times yet the people are staying to bitcoin no matter what people are saying about its fee.

I don't feel Bitcoin should be "AFRAID" of any coin.

Tron has its own advantages and disadvantages, most of the supportive replies here describe the advantages, fast and cheap. The main disadvantage is the creator and publicity manager, Justin Sun. If Tron works without him or if Justin stops hyping then there is a good chance of TRX to stand up and compete with many of the chains.

Privacy,  speed, cheap Transactions are most important You need from crypto!! 
I been said I like perfection I like quality and I like If things working how I want.

It never has been and this is what projects never understood when they came out and talked about high scalability and high thoroughput etc, people actually don't care. TRON better than BTC or ETH in terms of tps right? So what, people don't care.

People do want instant and cheap and easy to use, and many others trading.

I Don't Know about tps..  Or any those terms.
What I know is :
Fast cheap and Reliability*

so how much have you invested in tron? and how much have you lost in bitcoin ?


if you did not answer that meaning you are not truthful in your post here.

It is funny, but Justin Sun somehow managed to create a negative reputation around him. Dont know why, but somehow I feel that I dont like him. I dont remember what he did (perhaps lied about being sick and postponed dinner with Warren Buffet, while being caught at the party same night), but people dont like him. Everything he does is promoting his blockchain, and sometimes talks too much.

I dont know why Bitcoin should be afraid of Tron. Tron is still less popular and demanded than Bitcoin. The only advantage is have is speed and transaction price. But besides Tron there are blockchain with similar advantages, like Stellar and Litecoin.

There are better technologies than Bitcoin to make transaction costs cheaper. We need to realize that technology is not the most important thing in the crypto space. Look at decentralization, community support. We have seen SAFEMOON, SHIBA or AKITA overtake long-standing development projects like WAVES, NEO, MONERO to become altcoins with the highest capitalization on the market cap rankings.
There are many better blockchains than TRON for low transaction costs, high speed. I can name dozens of typical new projects such as NEAR, SOLANA, BSC, EOS, XLM, XRP...

I use tron  trc20 usdt Stable coin. Thts Why Everybody is Happy about

If tron utility is just for that, I don't think it's gonna be a major problem for other chain like BSC or ETH, even Bitcoin. It's not like Bitcoin has an antagonistic relation with other chain either. You have to keep in mind that not everyone needs speed, sometimes they need security because they need to make a transaction worth 1 million usd or so and they don't want to risk it with a relatively weak chain.

Bitcoin technologies may not be as strong as other coins but it will always be the top one cryptocurrency in the world. As you can see, it has been 12 years since bitcoin was created and it is long enough for bitcoin to develop its position in the mind of investors and by that I mean, no matter how advanced an altcoin can be, it will never have enough reputation to replace bitcoin

Limitation of supply, adoption around the world made bitcoin popular than any other alts. And I don't think any other crypto can get much popularity than BTC. Tron getting popularity for allowing other projects on it's chain, the tx fee isn't the main reason. Large whales of bitcoin doesn't care about few dollars to few hundred dollars tx fee. @OP, people use USDT for trading not for holding or investing their money in it. So it doesn't make sense that TRX will create fear to bitcoin market position for having TRC-20 USDT on it's chain.

Well I think this is quite reasonable and we can feel right now, the TRC20 offers a cheap offer, and the cross deals are fast enough to give us several options. the important point is that the provision of low transaction fee services is the current target. starting from ERC20 which is already very expensive. now Tron may be an alternative option that is still lithe and less jammed when making deliveries.

with an idea like this and keep evaluating, i will add DeFi option in it. because some of the transaction fees that still have cheap offers are on some DeFi networks. like the one on the Fusion wallet, and it's still very fresh to use. does not cost a fortune.

You guys can argue how much You want
The facts are the facts *
Cheap/ Fast/ and Nice liqutity*


Trc20 is best!!

I admit until now I feel the benefits of Tron for shipping transactions between trade exchanges; it costs cheaply when
compared to bitcoin or eth which is very expensive. In addition, Tron very quick, so I also until recently traded Tron
good for daily trading. Trc20 is very helpful and a solution for traders.

Those who Don't understood should be not in crypto.

Tron is best USDT TRC20

To be honest, I didn't really care about them as well and that was part of my point in a way. Marketing for alts used to focus on tps and scalability (transactions per second) and people who bought coins didn't care and didn't want to.

But it IS kind of important if you really want reliability (which is also security). When you've used an alt that breaks or doesn't perform as you expect that's when you really treasure the reliability and security of Bitcoin (and now ETH).

Usdt trc20 is fine!! 

Absolutely agree with your statement, i also think it is impossible for tron to flip over bitcoin. Tron is in 23rd and bitcoin is the first place, it will be so hard for tron to take over the place of bitcoin. Even ethereum will be hard to compete with bitcoin.

I guess now none would consider it seriously  ;)

Both were not comparable. Tron must be compared with another smartcontract platform like ethereum. Bitcoin has become a store of value and it's not based on the smartcontract platform.
I think that OP must try to think about that. I do agree if TRC USDT is the best asset for stable coin but it likes comparing apple and orange.

Yesterday I saw Justin Sun tweet. Can anyone explain to me why Justin Sun even buys a large amount of BTC for him? Why doesn't he use his money to help increase the value of TRON? Sorry for my dumb question ???

It does not matter If its tron or what.
What is matter is that USDT TRC20 IS cheap and fast.
Nothing Else really no matter for us even the Donald Trump can be owner of tron blockchains
We Don't Give f we want just cheap and fast and safe Transactions and privacy for our funds.

Cant put it More simple.

TRX is a good coin, but it does not have the capacity to compare with BTC, BTC has too much history and many stages of the market that Tron has not yet experienced, although TRX is a currency that now has a great utility due to its low fees in These times where BTC and ETH have problems because they are so high, TRX still has a long way to go, in addition to that in price it cannot be compared, if BTC falls TRX suffers too much, it bleeds easily, it is not necessary to undervalue TRX compared to BTC, but It should be noted that it has no point of comparison, and as for the speculative level of the BTC market, it has been going through Accumulation and Distribution stages for more than 10 years, which are the normal stages of any action, currency or cryptocurrency. It is not necessary to be afraid of TRX or any other Crypto, each crypto has its utility and that is the important thing.

This is an analysis that I found for TRX very positive.

https://i.imgur.com/OTe5REw.png
Source: https://www.tradingview.com/chart/TRXUSD/lC7FtCB9-TRXUSD-4H-try-to-get-strong-upward/ (https://www.tradingview.com/chart/TRXUSD/lC7FtCB9-TRXUSD-4H-try-to-get-strong-upward/)

These are the expectations for TRX, but this analysis can be invalidated if and only if BTC falls in price, TRX can only be compared if it had a life of its own, meanwhile not, because all altcoins depend directly or indirectly on BTC.

The amount of bitcoin and ETH transaction gas now is ridiculous and if it continue this way which I know it would will give more adoption to the tron network where the transaction is very cheap and more efficient, for a long time now I've always converted my btc into tron or usdt anytime I want to make a quick txn..Tron is the future

It's tough for small traders to transact with Bitcoin and Ethereum right now as the fee in some exchange is very large. I convert some of my coins to USDT, TRON, or XRP as the fee is cheap and affordable for a small trader like me. I hope in the future that the BTC and ETH fee will be reduced just like before. I transact every day with BTC, but when the fee suddenly grew, I limited my transaction with bitcoin to save money from the fee.

Those were never to be compared unless you just want to do it, then only can do it and keep to yourself else had no meaning. Well keep spreading in good cons at this time and with given the fall, some coins just look reasonable now to start buying it.

Usdt trc20 is king its Stable and safe Currency.

I like Tron since it has a lot to offer but to compete with BTC I think it will be a mismatch. Trons real close rival should be Ethereum or Binance smart chain. The downside of Tron is don’t like its marketing style, maybe the team should try something appealing to magnet more potential investors and believers, because as of now holders are still longing for its new ATH dream.

To say tron will beat BTC is a bit exaggeration but yes no doubt tron is good option to many other blockchains.
So many people prefer trc20 usdt over ERC20 because of exhorbitantly high fee on ethereum network.
Tron need more exposure if it want to beat eth but it can never beat BTC.

Yes, the Tron is undoubtedly very fast and cheap, but is it really so? I noticed that after takeoff, the gas price reached 2-10 TRX. Most likely, the price will be even more expensive, as the network will be loaded and the price of the Tron coin is growing.

A BIT? When Ethereum threatened Bitcoin in 2017 (or rather, when ETH people said that it would be a flippening) there was never a risk or a danger that it would happen and this was when ETH was being a very popular smart contract platform with loads going on on the network.

And then even now Vitalik says maybe in the future but he knows now is never the time.

TRON? Justin Sun's Koolaid must be so yummy.

Yes you are right the Tron chain is really very fast and has low commissions. However, Tron does not have the same popularity as BTC, and this is reflected in their price difference. I believe that every cryptocurrency is created with a specific purpose and it is not very correct to compare and identify the best or worst cryptocurrencies. As for me, it is better to use those cryptocurrencies that have their own advantages and can give you benefits and profits.

Sorry poster, i disagree with you, if bitcoin wasn't and still is not afraid of Ethereum, why should it be afraid of Tron? yes, you already said its because Tron transactions are cheap and fast, Tron is not the only blockchain that's is fast and cheap, binance smart chain is also fast cheap, Ethereum was fast and cheap too before the network became congested due to too many dapps, and during the time Ethereum transactions was cheap, bitcoin transactions was already expensive and yet, Ethereum never performed better than bitcoin, which is to tell us that bitcoin is already a very strong coin with so many supporters, also remember that a lot of big companies have invested billions of dollars in bitcoin, something Tron network is not going to get any time soon.
So saying that bitcoin should be afraid of Tron is pure hallucination and dream and the sooner you wake up, the better.

Ok but tron is important becouse the USDT.
WITHOUT TRC20 NOBODY event Don't know tron

Another year comes and another year goes and it's this coin or that coin that is going to take over bitcoin and then another bear season falls in and all those alts go right back to their hole.  Seriously it happens every bull run.  So believe what you need to but Troy isn't "the answer".

afraid of what tron  don't have to worry about any competitors at least for 2 years

in terms of competence, it's best not to compete for bitcoin with Tron, but try to see the potential of Tron to beat ethereum. however, so far I see that ethereum is king for altcoins, and is competing with BSC for it. although Tron is a good coin, I feel that Tron is outside the box. even coins like ethereum and BNB are still heavily affected by bitcoin price movements.

Sure carry on carry on.  Every year these silly coins are going to "replace bitcoin" yet they never do.  And by saying it's the number one coin now.  Ha that's funny.  Either way thanks for the laugh but Tron is NOT the answer.

even though tron is good, but tron will always be a cheap coin and won't go up high like other coins. maybe just tron, smartcontrac platform hard to go up more than 100%. different from ETH, EOS, DOT, ADA, or BNB. these coins can go high even very high beyond everyone's predictions. and for me tron is good, but not suitable for investment that expect big ROI.

Tron had taken some important role in the crypto world but that was not enough to say that Tron could even more important than Bitcoin nor BTC should have to be afraid of. It is to say that Tron has its own way to help the market, it can't carry all with Bitcoin alone as many traders and investors wanted to save some for the fees that Tron can provide small fees compared to BTC. But, you can't urge people to use Tron for their life as we know that most exchanges never accept it.

That's right, it's probably not the time to give Bitcoin an over-the-top scare. because Tron itself had to project a much more efficient development system first. and also Tron is not that high just to beat Bitcoin, just look around like try to be a contender among CoinMarketCap top 10 and prove it for next 2 years. and make sure to take 2nd place. After that, Tron could scare Bitcoin.

I have not seen a real innovation provided with TRON. this has lead to some mistakes in communication and a negative reputation as reported before. It's a big mistake make a comparison between these two crypto currency. Bitcoin is already a "gold standard" that is very hard (if not impossible) to be replaced by a copy-cat or a clone. Bitcoin is immutable and has been designed to be scaled.
Fast transactions or cheap ones are not the only features that are very helpful for a new crypto currency.  However most of these "issues" have been already evaluated with the launch of lightning networks,

I had a good laugh reading your claims, have you checked the transaction charges of Bitcoin, you can get confirmation with 1 Sat per byte within an hour and if you think that is not a good fees you can withdraw the coins then what is  ::). We are getting some forks in Bitcoin as well which will help in reducing the transaction fees further. So if you think TRON is more efficient then you are free to hold them and will see how it will cope up when the number of transactions starts to rise.

He said that if bitcoin must be afraid caused by the existence of tron and this is totally a non sense thing that already created by him. The fact that bitcoin must never feel worried because tron will be competing with ethereum, ADA, and another smartcontract platform which is a lot these days. He was going so crazy after he knows that if he can send a lot of money with almost zero transaction fees use tron USDT.
There's no definite time about how long it will be afraid. People these days were so crazy

when justin sun (ceo tron) said completely if bitcoin is one crypto that no other crypto will be able to compete with, why do you say tron ​​will be able to kill bitcoin?
Of course you need to test a lot of facts before saying that tron ​​is better than bitcoin, I think we should not just make one advantage that tron ​​has  as a comparison that tron ​​is better than bitcoin nowadays, as we know bitcoin is king crypto today and I think will remain that way.
Indeed we admit tron ​​(trc20) has a small transaction fee but nowadays BSC chain has even more very small transaction fee, then do we have to say if BSC (BNB) is better than bitcoin? of course not...!

If speed is a factor that should worry BTC then there are tons of altcoins that are super fast and cheap. Take example of EOS, its fast but there are concerns on its security and centralization. King is only one at the moment and the only altcoin that can threaten him is Ethereum 2.0 with reduced fees and PoS.