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Author Topic: Is Tron (TRX) a Scam?  (Read 500 times)
Levieth02ng (OP)
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January 09, 2018, 01:53:19 PM
 #1

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:
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cappieman007
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January 09, 2018, 02:02:48 PM
 #2

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...
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January 09, 2018, 02:11:09 PM
 #3

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.
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January 09, 2018, 02:23:06 PM
 #4

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:
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.

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monkeydfractal
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January 09, 2018, 09:36:48 PM
 #5

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
masonrycrypto
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January 10, 2018, 01:41:00 AM
 #6

Watch the Announcement interview... end of story.  If you view Justin as a money handler, hand over your bills!
KbJinx
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January 10, 2018, 01:51:57 AM
 #7

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...
ImHash
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January 10, 2018, 04:09:32 AM
 #8

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.
Arpetuos
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January 10, 2018, 04:11:54 AM
 #9

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.
cheezcarls
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January 10, 2018, 04:15:38 AM
 #10

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.

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sic57005
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January 10, 2018, 04:19:05 AM
 #11

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?
Marnihughes82
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January 10, 2018, 04:22:36 AM
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 #12

I think the price of coin up and down is normal. Can not see it go down and call it shit coin
McSwaggerJagger
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January 10, 2018, 04:24:51 AM
 #13

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.
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January 10, 2018, 05:23:24 AM
 #14

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

iterra
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January 10, 2018, 05:29:56 AM
 #15

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

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January 10, 2018, 05:50:37 AM
 #16

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.

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January 10, 2018, 06:03:42 AM
 #17

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:
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.

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January 10, 2018, 06:14:25 AM
 #18

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:

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.
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January 10, 2018, 06:21:04 AM
 #19

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.
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.

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January 10, 2018, 06:24:37 AM
 #20

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 Smiley
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