Bitcoin Forum

Why TRX is going down so dip these days, any bad news, can it recover and pump again

If there are more sellers than buyers it will cause the price to go down, same is happening with TRX.

I think not just TRX but almost altcoins even bitcoin are at red I do not know exactly the reason why many holders are selling there coins maybe might be the reason they go down.

i've heard the big whales are regulating the prices.. but my guess is this week (even tomorrow) we will start to see some big and positive changes with TRX

After all the big increases, there is a slight decline. This is a general law.

TRX is a lot of talk, but not much to show for it so far. I think the market is waiting for some real developments.

This   6 billion $ marketcap project , and their Github has 2 repo ... 233 commits lMAO
CEO dumped 6 millions coins and lied

TRON already got caught with Plagiarised White Paper now they get caught again with copy pasting codes, doesn't credit anyone, and tries to hide it, gets caught hiding it..... then apologizes?

Shilling can bring you to the moon fast , but so to hell
Justin Sun , shillingmaster  8)

Latest Justin Tweet:!                I just took a giant Poop    #TRX #TRON #MOON $NEWMOON $TRX

There was a lot of hype surrounding this coin while the price was increasing. Now that the hype has gone down a bit, the price starts to decrease. Just the way things go.  ;)

Plus now Mcafee is selling off all his coins!  :D

https://preview.ibb.co/hxD4U6/3_GWI2_MTPmp_Wbnd_L9p8_HL6_Bxq_BQQOi1hx_I3u2affawyg.jpg

That's why. This was shared in r/TRXtrading.

If you are smart you sell your coins at stage 1 and buy back at stage 2. Because this happens universally. There is always the initial price of the hype/FOMO that lives up to the potential of a project followed by the actual inherent value of a project. In time those 2 prices align.

I also  dont know exactly reason why many coins have dip recently but i think i know why Tron is dipping.
On 2, january 2018 on Twitter Justin Sun posted a tweet that: " More Partnerships are coming! Even NASDAQ listed companies and the giant companies with more than 100 millions user to started contact us for partnerships. We will be huge soon". this tweet did the price of Tron increased up $0.3 and then Justin Sun sold 6 billions Tron coins value $300 millions. This event did investors lose faith in Tron.

All of the alt coins are having a hard time and since tron is only rely on supply and demand without the real usage, so once people finish hype it people will sell it and that caused the price fall down without any chance to go up yet, and then there are rumors that this coin is scammed coin, I think this coin still got potential to go up in the future

It is not rocket science. Trx dev and fudders pumped the coin over the value it deserved.
Many impatient new crypto investors dived into and now price is getting fixed, they didn't expect.

There is so much FUD and false information going on these days about Tron that the CEo has dumped all his coins , though that's not true ...I guess people are pushing the price down to get in..be careful holders

There is a lot of bad news about TRX and they are trying to get the information to make TRX transform into shitcoin. I think this is a sign that whales are consolidating and you should consider buying a few as I am sure the TRX will probably go to the moon

Take it easy, man
it is just a common trend as something goes down and up.
This happens a lot in free market, especially in these free market that is rarely contral by oligrach.
Once more and more people involve in this market, the price will surely goes up finally

There is a lot of bad news about TRX, CEO has dumped all his coins  ???

ceo was selling wolf tickets

because they do not have a real product yet.

just talk

all his TRX or all in general? do you have a link?

Maybe no one knows.
But as good as TRX it is, it will go up sooner or later

Overall market is undergoing correction we will see a new bull run when we see the market cap increasing again at the moment it is stagnant around 700 billion from many days.

its sick whats going on with tron. best thing todo is now HODL I think. or maybe buy more

it is just the market trend.

It might better for you to sell all of your tron before the more people are changing their opinion about tron regarding so many accusations to the develop. The tron developers is very popular right now due to the plagiarism of filecoin whitepaper, and all of thing that contained in the tron whitepaper just copied from filecoin and what a shame.

Because of manipulation. Some cheater manipulating this trx so much. By social media and by some stupid pump groups. People start to expect so high amounths from it but when manipulators had enough volume they dumped it.

Even without manipulation,this coin did overwell before new year.Bought it my self when though,price dropped enough,and still minus x2.HODL now,will bounce back sooner or later

i feel it could bounce back but it might take longer. overall its progress is still well ahead most of the altcoins out there.

I buy it when its $0.1 now it's $0.07. But when I ask some of my colleague they suggest me to Hold the coin.
Basically most of coin is in downtrend right now. But TRX got worse when they got so many negative news lately. But I believe it will bounce back. Even has 5x price next year.

I bought TRX very cheap. This is the only reason why I did not sell it all when the attack on him began. I believe that next month he will grow 2-3 times because there are a lot of good news ahead.

all market seeing down today https://www.coingecko.com/en/price_charts/tron/usd
 TRX has a lot of negative connotation lately.
i think its still a good short term play to make some profit

Cost me a fortune really.

I clearly bought in WAY too late, and had my fingers burned. Got nothing to lose now, so may as well hold. Hope they demonstrate a bit of walk this year, to back up all that talk.

No, Tron is a shit coin, it will never go up because the CEO is out of ideas to make the price go up without any reason.
It is not like it was before, no one trusts in Tron anymore, that is why it is slowly dying, it is a shit coin anyways.

With all the FUD news about it. It's not a wonder

Don't think so.  I personally bailed out completely several weeks ago.  Not sure about the FUD if true (seems like it) but the way I see it, there are better coins to invest in so why now just move it?

I almost held some coins (pure profit left over) but was (thankfully) advised to move it.  I made money on it so can't complain much.

that a majority of their whitepaper is plagiarized and they literally have zero platform. these were main underlying reasons for their failure

It was obvious that this is a simple pump, which in the end many will start selling. And it happened, only now many still lost, but there is no hope that everything will return.

It might maybe pump at the release of the TRON testnet at the end of March. I hope this project will succeed.

I hope so too. There is an amount to be eliminated, but unfortunately the price has dropped to 1 in 5. If I see a nice pump I want to sell and invest in other places :)
I want to buy ven instead of my trx's

Now the price falls not because of negative news, but because of the general drawdown of the market. We just have to wait a little and the price will start to grow along with the whole market.

I think that is down is not just TRX, but almost all the coins in the market are red, so if you are sure then keep holding it and wait until the market is fully recovered.

Sorry for my knowledges in this question, but what you think about perspectives of tron??how much in satoshes it can up? When sale it?

P.S.I buy it, when the price was 0,..379btc

because TRX is just scam, Justin Sun cash out billions of dollors at high price, and he is just enjoying life and care little about trx, i think the price will never reach the previous price

Well the recent dip it made is nothing special to tron. Market is down generally and almost all coins crashed hard. So when market and bitcoin recovers , alt coins including tron will recover as well. Although tron is going through hard times since second week of January. I hope it will moon again before too long.

If you are a TRX bagholder i suggest that you should hold that for a while since as you we are on crypto bad days and you should research on the happening on the market so that you can avail the opportunities to buy some cheap coins on this dump. Their's no good for us to get affected by these delimna since if we let ourselves defeat by our feelings then we will be a loser in crypto mind games.

No offense but in my opinion TRX is just a pump and dump coin. Price will keep bleeding slowly and it will probably go back to the pre-pump price. It's just a hype coin with no real product.

not just TRX, almost all coins are currently down either btc or alt coin, all are experiencing drastic declines, and I'm pretty sure it's not possible all these coins will be under steady, it will definitely be at the pump and back up again, only when time we can not be sure, but surely up

Every coin is falling but TRX maybe more than others because many people came to the realization that it pumped so high based on completely nothing, it was just a white paper. There was no way it should have been a top 10 coin at that time. Even now I would argue it is greatly over-valued until they deliver.

When the price of bitcoin falls, then the price of altcoin will fall, so the TRX price has fallen, but it can not grow because of the constant fluctuations in the price of bitcoin.

When the information boom, which hit TRX, and people not seeing growth, then they start to lower their coins and the price of course will fall.      

It is obvious that the price is highly dependent on demand. If you sell more than buy, then naturally it will fall.

For the TRX, there was some good news. The price has risen steadily. I did not buy TRX. I do not think I will buy it today. The market is very bad conditions too. I hope to recover.

TRX was a very interesting coin, but I think they have no further planning and they do not understand what to do to attract large investors.

It seems almost all of cryptos are have the same issues and also so many FUDs are actually affecting its price. So, this year will probably be a challenging because of so many factors that has been involved about dropping of altcoins and so with bitcoin. I am hoping that by next month we can see some increased.

If we are comparing tron to other cryptocurrencises that have actual product, i think tron is heavily overvalued at the moment. It is 16th on the maket cap it is just ridiculous, there is coin that are 300th on the list with more working products...

It can be pump again and dump many times, they have great marketing) Look using the log scale charts for almost every coin chat from top10 especially XRP) they all pumps and dumps)

Is there anyone who thinks that TRX has a prospect of success? ??? ???

All of them since I think people are securing their fiat since the threat of dump is not yet done and this is so much confusing to see since we might not see those huge pump for this year. But it so good to buy those cheap crypto's especially with TRX since huge pump will came if bitcoins price will became OK and regain its rythm.

I bought my TRX last January so it is at its peak that time which I still don't regret buying after two months. I am not sure what's the biggest factor affecting the downtrend nowadays but it will soon pass. Even though its dipping I am still positive that I will see some light soon on my investment coins. Let's just hold on for now and wait for that bullish trend to happen.

it's simply following the market thrend of these days, all other cryptos are falling too. said that i think that trx in the past months had a lot of hype around it self and many driven by the fomo bought on the all thime high that with that supply was crazy even in that period, now it's coming back to his real price and maybe in the future will get back to an highter price

Very many investors sell coins and not only TRX in connection with the proceedings with the major exchanges in Asia. Soon it normalizing.

On the TRX coin, you can safely put a red cross. There has not been a promotion for the project for quite some time. The price will be lower and lower.