Tron failed to achieve success like Ethereum, BNB. Any project based on malice will never succeed. TRX is very old project and its ecosystem launched from many years. The only success of Tron is their stable coin with huobei exchange. TRX itself is also good coin and people using it for low fee transaction.

Honestly I am also using trx for sending payment from one exchange to other to save the fee.  I remembered only some coins which are working under Tron ecosystem such as BitTorrent  abd JST. You are right that there is no sense to compare trx with altcoins father Ethereum

maybe TRON failed to become a competitor to Ethereum but it did not fail to become one of the big altcoins in crypto. The current 11th position on CMC shows that TRON is one of the most popular altcoins. believe me, there are still many people who like TRON and that reason is not enough to say TRON is a shit coin.

totally get your skepticism about meme coins. They're a whole different ballgame compared to something solid like Bitcoin or Ethereum. The hype and risk are real high, and you're right, a lot of them do just pop up and disappear. It's like a wild ride – not for everyone, especially if you're looking for something more stable and with a clear future.

Investing in those stronger altcoins like ETH or BNB sounds like a more your style – more predictable, less rollercoaster. But hey, everyone's got their strategy, right? Some folks love the thrill of meme coins, chasing those quick wins. But yeah, it's not for everyone, especially if you're into long-term, more secure investments.

On the low liquidity exchange Poloniex, the Solana withdrawals are paused and the price dropped over 35% from the market price and currently it is 5% below normal price. Obviously once they resume withdrawals, the prices will sync back to market price. Do you guys see this as a good opportunity to make a free 5% profit? Or do you guys think that they will take ages to resume the withdrawals and the price will keep falling in the coming days?

I am going to take advantage since this is not the first time this has happened and withdrawals usually resume in days.

That's pretty poor logic to be honest with you because Satoshi certainly didn't invent Bitcoin to be massively bought on CEX with KYC and holded in custodial wallets, but I doubt you even understand what I'm saying.

I am not surprised by what GG says, the operation of Bitcoin is decentralized but its use today passes in many cases by centralized entities, so today most governments have stopped seeing it as an enemy and think of bans, they know that with the current use and legislation can control it to a great extent.

Well, for me, it was partly freedom and partly hope. Freedom comes from the fact that, as bitcoin functions on a decentralized network, no one other than ourselves has power over our wallets, and the government has no say over it. Additionally, we may send transactions to any location in the world where Bitcoin is accepted without the requirement for currency conversions or foreign fees. Whether you choose to convert it to your home currency is entirely up to you.
I hope, as I believe bitcoin has the ability to provide financial services to the world's unbanked people. Also, I feel that bitcoin will provide us with hope for greater monetary inclusion and economic empowerment by giving us access to the global financial network.

I’m eyeing Web3 and interoperability. Imagine a crypto universe where everything's connected seamlessly. Also, DAOs are on my radar – changing up how we collaborate and make decisions. Thoughts? What's your bet on the next crypto hype?

The BRICS (Brazil, Russia, India, China and South Africa) have demonstrated their intentions to abandon the USD as a global reserve currency.There's no need for debate because no matter what,people still choose the US dollars to BRICS.
The BRICS is yet to stand on its own and manifest properly.The creation of BRICS cannot decline the work force or influence of the US dollar.

Your concerns about centralization in the XRP ecosystem are valid and reflect a broader discourse within the crypto community. Indeed, the concentration of XRP tokens within Ripple Inc. raises questions about decentralization and the potential for control over the network.
However, it's worth noting that the ability to freeze funds on centralized exchanges (CEXs) doesn't directly translate to control over the XRP Ledger itself. The XRP Ledger's consensus mechanism is designed to prevent unilateral actions such as freezing accounts without widespread agreement among validators.

Regarding alternatives like Stellar (XLM), it's true that projects like Stellar offer a decentralized alternative with similar features to XRP. Stellar was actually forked from the XRP Ledger in its early days, and both projects share similar goals of facilitating fast and low-cost cross-border transactions.

Ultimately, the choice between XRP and alternatives like Stellar comes down to individual preferences and assessments of each project's technology, adoption, and governance. While concerns about centralization are valid, it's important to weigh them against other factors and make informed investment decisions based on a comprehensive understanding of the crypto landscape.

One of the things that I've noticed about Monero is that it has been removed from a lot of big exchanges.

My guess is that some people want to have certainty that they will be able to go to any mainstream exchange in the future and exchange their crypto for other type of money.

Having Monero out of the big exchanges will probably not incentivize some of the big players, therefore reducing the potential price.

Lol, it's amusing to read what some of these people think about Bitcoin, and what's more amusing is they make public statements that don't make much sense without even knowing much about it. He doesn't even know how the decentralization of Bitcoin works because decentralization doesn't depend on how the amount of coins is spread among different people but it's about the fact that it isn't controlled by anyone and the whole network is running on its own where miners are helping it run for the rewards they get.

Just because companies and investors hold a large quantity of Bitcoin, it doesn't mean they own the network have a share in it, or get to govern it. They have Bitcoins because it's valuable and they know they will get a lot of money when they sell their holdings.

Regulatory pressures on exchanges have destroyed any hopes of XMR ever being any more than a P2P privacy coin. It’s sad but I understand why governments hate it. Nothing is stopping us from using it, it is great at what it was designed for but its strengths are in fact what has destroyed any chances of it ever going mainstream.

I am not defending this crappy coin, but let's at least get our facts straight. He didn't freeze anything. He notified centralized exchanges to freeze the accounts with stolen xrp. Centralized exchanges have always been able to freeze every account, and are legally obligated to prevent to let people wash stolen money. The text OP posted is misleading. Even though ripple is centralized, this is not the example of it, in fact it's quite the oppose. Hacker just wasn't fast enough to cash out.

And again, while i loath XRP, this could happen to anyone with any crypto. If anything this is just underlining that Ripple is very much similar to other cryptos out there. And the fact it can be stolen in the first place is one of those key issues that might prevent mass adoption. So i don't understand why people are bashing XRP for this specific thing.

It's tough to claim that Bitcoin is secure because there are still many cases where people have had their Bitcoin stolen. And honestly, in this digital age, it feels like nothing is entirely safe online. Cybersecurity companies are always playing catch-up with hackers who keep getting smarter. All we can do is protect our assets as best we can, right?

Yeah I think hes just confusing everyone. Gensler's talking about exchanges holding a ton of Bitcoin which messes with the whole decentralization vibe. People dumping their BTC on exchanges is a problem. Remember not your keys not your coins! Keep that crypto safe in your own wallet, not on some exchange

However, I used "at least for now" because, with time, the government might start clamping down on decentralised websites and apps, it is only a matter of time. I hope people can refer to my warning when the term comes.

I've seen a lot this misconception about Bitcoin decentralization. Actually I've just answered in another topic about this.
Gary Gensler doesn't understand that the decentralization of bitcoin is about the full nodes and the miners involved, not about the number of wallets containing big funds (and frankly, those are still plenty too).
And allow me to be a bit mean: maybe he confused it with Ethereum.

We cannot use Bitcoin with current features to adopt as a payment mean due to so many limitations. We love btc but it's doesn't mean that we ignore the drawbacks. Indeed Bitcoin is not created for this purpose. Suppose if only one country start total buying selling through btc them number of transaction per minutes will be exceed more than 20k and we know it will cause Btc gas to ATH and also low fee transaction will be stucked. further more for buying 1$ , you have to pay 10$ fee which is not acceptable.

However it is best payment solutions for overseas payment and best assets so far after gold and silver. We can keep our fund safe, secure with fast access of use anytime, anywhere.

The SEC says a lot of things are securities. It doesn’t mean that you can’t make handsome profit though. I don’t think Algorand is going to change the world & become like Bitcoin for example but you could absolutely still do well in it. It’s a pure proof of stake smart contract blockchain & we have seen growth in its ecosystem. While it has some unique features like accessible staking and low transaction fees it faces challenges such as centralisation & tokenomics. It's too early to definitively say if it has a big future but patient investors can find opportunities in its long term growth. Some people say it’s promising due to its technology, I would consider it a good buy but maybe not a super long term HODL.

Hardware wallet could be possibly be hacked and its proven out.

https://www.coindesk.com/tech/2023/05/24/crypto-security-firm-unciphered-claims-ability-to-physically-hack-trezor-t-wallet/
https://www.bloomberg.com/news/articles/2023-12-14/hacker-hits-one-of-crypto-industry-s-biggest-names-in-security

We've seen in the past about these issues. This is one of the reasons i dont really store up my funds into those devices.
I do simply just make use of traditional Electrum wallet for Bitcoin storage and MEW on erc20.
It works fine even up to this day from the start when i do know crypto.. As long you dont make those PK exposed into
other people then you should be just fine.