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Why TRX is ponzi scheme?
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Topic: Why TRX is ponzi scheme? (Read 128 times)
blant
(OP)
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Why TRX is ponzi scheme?
February 07, 2018, 06:35:24 AM
#1
I saw that many people claiming that TRX is just a ponzi scheme. Could you give more explanation why you think that?
Mjc14ca
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Re: Why TRX is ponzi scheme?
February 07, 2018, 06:37:03 AM
#2
It's not, people speak out of their ass. It has one of the most legitimate teams out there. Justin Sun created the number one music streaming app in Asia, worked on XRP and many other accomplishments. It's a long term game plan 8-10 years. They release their testnet soon, and their beta March 31. Partnered with many reputable companies.
mariayaz
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Re: Why TRX is ponzi scheme?
February 07, 2018, 06:39:55 AM
#3
It is not for sure. Justin has a good reputation and strong team, people are just spreading FUD. I am TRX holder have a plan to hold it till 2025 at least.
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penig
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:03:19 AM
#4
Its not a ponzi - look that up to understand what it is. It is an over hyped project with grandiose claims, that plagiarise their whitepaper, no real team in place, and marketeer leader who still retains interest in other major projects. Lots of people will talk it up because they are invested, but its all promises built on sand right now. It may change, it may deliver, still waiting for evidence of that though.
withche.07
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:05:06 AM
#5
I don't think its a ponzi project. I believe its all about general "shiny image but nothing more" scheme. They kept saying their coin is the best, gonna work, helped market to pump the coin to overpriced levels and dump followed. Coin for sheeps, I suppose.
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Daddyj2
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:07:18 AM
#6
It's not a Ponzi scheme but the most overly hyped coin now. Many people holding this coin bought I think when the TRX price went to $.15+ and they are just hyping themselves to think positively.
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NorrisK
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:08:13 AM
#7
It's more likely much overhyped which attracts negative attention from ponzi screamers.
Their valuation is simply too high for what they have shown so far.
eye-con
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:12:06 AM
#8
Quote from: blant on February 07, 2018, 06:35:24 AM
I saw that many people claiming that TRX is just a ponzi scheme. Could you give more explanation why you think that?
it is not a ponzi scheme. they are just spreading fake news to dump its prize. then they will take advantage to that.
this is just some king of trick to drop its price, another FUD again
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JoyofCrypto
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:16:08 AM
#9
It is not a ponzi but currently really overvalued, there is absolutely no reason for it to have such high market cap right now, it still needs many years to have a working product.
Tone147
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:23:27 AM
#10
Quote from: NorrisK on February 07, 2018, 07:08:13 AM
It's more likely much overhyped which attracts negative attention from ponzi screamers.
Their valuation is simply too high for what they have shown so far.
This post has a lot of newbie and jr member to support TRX.
You're the only person who's objectively evaluating TRX, and it does seem that TRX can't support such a big market cap.
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criticoflife
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Re: Why TRX is ponzi scheme?
February 07, 2018, 07:28:43 AM
#11
definitely not a ponzi scheme. Tron's dev Justin has huge credentials, he was on forbes list of best upcoming entrepreneurs under 30 years of age in asia and is the protege of Jack Wu (owner of ali-express ). So i doubt anyone of this calibre would be running a ponzi scheme.
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