Vishnu.Reang
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February 18, 2021, 06:43:53 AM |
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No one cares about Tron now. Back in 2017, when Justin Sun first created it, there was a lot of hype and it managed to achieve a capitalization of around $18 billion within a few months. But after that, everything went downhill for Tron, mostly because of the incompetence of Sun and the other developers. They were accused of plagiarism. And although it was originally designed to assist digital media sharing, TRX is hardly used for this purpose nowadays.
The fault lies with Sun himself. He received huge amount of funds from the ICO and the subsequent coin offerings. But rather than using these funds for further developing the coin, he wasted most of it on silly expenses. For example, this idiot spent $4.5 million for getting an opportunity to dine with one of the most rabid opponents of cryptocurrency (Warren Buffet). In the end, nature took its due course and took away money from those who didn't deserved it.
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goaldigger
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February 18, 2021, 06:47:11 AM |
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TRON is a blockchain-based operating system that can handle a large number of transactions, TRON claims that its network is capable of 2,000 transactions per second, also the transactions fee is very cheap. but this blockchain is officially trash, The best option is out of the space on this bullshit chain and bullshit coin.
That speed is useless if no one is using that technology, that's the big mistake of TRON and that's why it failed. Justin Sun in not that influential to hype a project, not unless Elon Musk endorse this TRON, we'll see the pump on its price but I think that's not gonna happen. Though, right now we really need to have a very cheap technology that can process many transaction, this can be the good project but it just failed.
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Fivestar4everMVP
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February 18, 2021, 07:17:57 AM |
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I totally agree with you, though not in terms of outdated but in terms of Justin sun promoting the coin hard back in the days but still, the coin ended up as a shitcoin, this is one thing with overhyped coins, they tend to grow or do well in the period they are being hyped, and the unsuspecting ones or those looking for quick profit will always buy into such hypes but as soon as reality hits, they all come crumbling on the floor, those who are lucky enough to get out of that market on time will always be happy and think themselves super wise, tron remains one coin I hated most and never bought even a single one of it, happy that people are beginning to see that the coin is just shit.
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Aletheaminlin
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February 18, 2021, 07:43:08 AM |
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I have the same mindset, since I rarely use cryptocurrencies in relation to TRX or TRON, although knowing that it has the advantages of transaction speed as well as low fees but really the ecosystem that they bring it has nothing to attract me to work on much. It is possible that Justin Sun's approach to this market is not reasonable, but I think Tron is still a big coin and the chance to increase price is still possible even though it will not be as profitable as other coins.
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1+1+1=2+1
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trauchot
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February 18, 2021, 07:46:43 AM |
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I completely agree with you, unfortunately Tron development is so slow and no interesting updates from the Tron developers have been inaudible for a long time and therefore not a lot of people want to invest in Tron because no one knows what will happen to Tron in the near future and I am also not eager to invest in Tron, but since Tron is considered a very top cryptocurrency, I think there are still a lot of big players who hold huge amounts of their money in Tron and that is why Tron is still in so high place in the cryptocurrency market.
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deathcode
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Eloncoin.org - Mars, here we come!
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February 18, 2021, 07:55:46 AM |
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TRON is a blockchain-based operating system that can handle a large number of transactions, TRON claims that its network is capable of 2,000 transactions per second, also the transactions fee is very cheap. but this blockchain is officially trash, The best option is out of the space on this bullshit chain and bullshit coin.
That speed is useless if no one is using that technology, that's the big mistake of TRON and that's why it failed. Justin Sun in not that influential to hype a project, not unless Elon Musk endorse this TRON, we'll see the pump on its price but I think that's not gonna happen. Though, right now we really need to have a very cheap technology that can process many transaction, this can be the good project but it just failed. Justin is not unaffected. but the market doesn't really trust him anymore. the market will be like that for TRX. but if there is an update that could change the market view of TRON I think there will be a possibility that there is a project that has a good price at a low cost. and that is what the market needs today.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Greatdev
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February 18, 2021, 12:01:14 PM |
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You can call Tron an outdated coin but it's the main reason why I'm in for this bull season, I can transact with ease unlike Ethereum that sucks the hell out of me, I've spent over 300$ on Ethereum gas fee only and only Tron network makes gas fee more easier for me, it's a Top altcoin and that matters
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Lagduf
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February 18, 2021, 02:39:56 PM |
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You can call Tron an outdated coin but it's the main reason why I'm in for this bull season, I can transact with ease unlike Ethereum that sucks the hell out of me, I've spent over 300$ on Ethereum gas fee only and only Tron network makes gas fee more easier for me, it's a Top altcoin and that matters
it's only for the scalable reason dude but in my opinion the majority of new platforms are become the scalable platform even some platform like DOT and AVAX have better scalability than tron but the thing that make tron is still alive consider USDT is still running on tron and this is used by so many people to create daily transaction use USDT tron to get the cheaper fees. I have made a withdrawal and that consumes almost zero fees for tron transaction. This time everything changed and people are looking for the best platforms with various features.
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iTradeChips
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February 18, 2021, 02:46:13 PM |
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It hasn't been relevant for a long time. I see Justin Sun's name recently with the news with all the Game Stop and Dogecoin and I think he has suffered losses with that? I'm not really sure but I'm not sure if his coin is related or was talking about or something.
I think what I'm confused about is that, does it mean already that its technology is outdated?
What about BTC? That's the first crypto and do you think it's not innovative? Is it also outdated? Is it already that way for older coins? I'm not sure what basis this "old tech" thing is. Is it all DeFi now?
I wonder that too, those statements saying that Tron is outdated tech. I mean I am still using the same bitcoin wallet that I had before and because of that you can consider Bitcoin to be outdated too. I am quite confused about the old, antiquated, outdated tech claims that has been sprouting on this thread. Or maybe we are just seeing a disastrous attempt to make the name of the TRON coin and its founder in a negative light so that the coin will simply die a natural death and thousands would have lost millions of dollars, maybe as a sort of revenge to the founder.
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bayudndy
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PredX - AI-Powered Prediction Market
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February 18, 2021, 02:57:43 PM |
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I think it also has many good features, on the TRX platform I would love to trade faster and less costly, and especially I often use TRX to transfer my USDT, and it's completely it's free and supported on a lot of exchanges. But overall it's not a coin that I choose in this bull market, because other competitors in this area are doing really well and Tron is not, maybe the price will go up. According to the growth of the market, the problem is that the profits it brings will hardly be equal to other coins.
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laredo7mm
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February 18, 2021, 04:18:41 PM |
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No one cares about Tron now. Back in 2017, when Justin Sun first created it, there was a lot of hype and it managed to achieve a capitalization of around $18 billion within a few months. But after that, everything went downhill for Tron, mostly because of the incompetence of Sun and the other developers. They were accused of plagiarism. And although it was originally designed to assist digital media sharing, TRX is hardly used for this purpose nowadays.
The fault lies with Sun himself. He received huge amount of funds from the ICO and the subsequent coin offerings. But rather than using these funds for further developing the coin, he wasted most of it on silly expenses. For example, this idiot spent $4.5 million for getting an opportunity to dine with one of the most rabid opponents of cryptocurrency (Warren Buffet). In the end, nature took its due course and took away money from those who didn't deserved it.
Some even say that Justin paid some celebrities to promote Tron. The hype that Tron created back then has been fade away because of poor management and strategy. Now Tron network is mostly used in gaming platforms and its smart contract is not that popular as other networks even it charges low cost than them. I think Justin could do better with Tron in the future.
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Vatimins
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February 19, 2021, 03:01:17 PM |
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I get your point and I agree on some. Tron really is somewhat outdated and really doesn't pose any competition towards coins with almost the same services to offer for example ethereum. And the worse thing is that I do not think that people will be using such services when there is already a good enough and widely know service provider like ethereum.
But as to the price though, if dogecoin managed to pull it off. I don't think it'll be impossible for tron to pull it off also. Specially when you think about tron having actual usefulness cimoared to dogecoin and has the opportunity to improve itself over the years. But then again, it is what it is today.
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Billo_ (OP)
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February 21, 2021, 02:48:08 AM |
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I totally agree with you, though not in terms of outdated but in terms of Justin sun promoting the coin hard back in the days but still, the coin ended up as a shitcoin, this is one thing with overhyped coins, they tend to grow or do well in the period they are being hyped, and the unsuspecting ones or those looking for quick profit will always buy into such hypes but as soon as reality hits, they all come crumbling on the floor, those who are lucky enough to get out of that market on time will always be happy and think themselves super wise, tron remains one coin I hated most and never bought even a single one of it, happy that people are beginning to see that the coin is just shit.
Yes, it is Justin Sun and his marketing how he was always promoting instead of getting an interesting product, like Ethereum developers have achieved. I don't think Tron will ever get outdated, I agree that Justin Sun just shill openly but that's the trend in crypto. I am not supporting his shilling but sometimes it is necessary to keep standing in the market, especially in a bear market. Most of us use either XRP or TRX when we want to transact, it's literally no fees compared to what others ask. If we see some good developments or collaboration with real-world investors then we can surely say that TRX will be very good in the future.
Tron is already outdated, bro. Now, we have so many promising products and Tron will be abandoned step by step. No one cares about Tron now. Back in 2017, when Justin Sun first created it, there was a lot of hype and it managed to achieve a capitalization of around $18 billion within a few months. But after that, everything went downhill for Tron, mostly because of the incompetence of Sun and the other developers. They were accused of plagiarism. And although it was originally designed to assist digital media sharing, TRX is hardly used for this purpose nowadays.
The fault lies with Sun himself. He received huge amount of funds from the ICO and the subsequent coin offerings. But rather than using these funds for further developing the coin, he wasted most of it on silly expenses. For example, this idiot spent $4.5 million for getting an opportunity to dine with one of the most rabid opponents of cryptocurrency (Warren Buffet). In the end, nature took its due course and took away money from those who didn't deserved it.
Some even say that Justin paid some celebrities to promote Tron. The hype that Tron created back then has been fade away because of poor management and strategy. Now Tron network is mostly used in gaming platforms and its smart contract is not that popular as other networks even it charges low cost than them. I think Justin could do better with Tron in the future. Yes, Justin Sun is all in form marketing and I can believe you are right here. Justin Sun has really a very bad reputation.
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torrantz
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February 21, 2021, 03:06:54 AM |
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Tron burst into the crypto world very quickly and hit the top 10 in terms of capitalization. But coin just fell out of there just as quickly, even the creation of another token did not help. Now, in my opinion, Tron is a sinking ship, even in spite of the rapidly developing gaming industry. Perhaps there will be some more growth, but insignificant.
I honestly like if tron just stay that way because then we have an alts that could be an alternative when the blockchain of the main coins like btc and eth got too much of traffic the fee become annoying. trx in my opinion is relatively stagnant and just stuck there indeed but it's actually fine the way it is, though I doubt it's a sinking ship considering their trade volume still humongous and the chart still shows it's growing.
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MCobian
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February 21, 2021, 05:02:43 AM |
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I am still actively using Tron as a coin to move funds from one exchange to another exchange. Because Tron transaction fees are very cheap compared to Ethereum, where Ethereum transaction fees continue to rise, and transactions using Tron are very fast. If we pay attention to the Tron price movements also tend to increase, because early 2021 Tron is still at the price of $ 0.03. Whereas now Tron is priced at $ 0.06. So I don't agree with the opinion that Tron is an outdated coin.
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Bitcoin Seller
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February 21, 2021, 07:03:06 PM |
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How is a coin created in 2018 and currently holding in the top 30 coinmarketcap, can it be considered obsolete? Yes, Tron is not showing great results now, but it has its own advantages because of which it continues to exist and interest users. Many continue to hold it.
Who could have guessed that Dogecoin would jump to the very top? And just a few mentions from a public person. What if tomorrow someone from celebrity wants to pump the Tron too? Do not write off the coin from the accounts.
I like to use Tron for transfering USDT!
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fullhdpixel
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February 21, 2021, 07:07:43 PM |
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Justin is not unaffected. but the market doesn't really trust him anymore. the market will be like that for TRX. but if there is an update that could change the market view of TRON I think there will be a possibility that there is a project that has a good price at a low cost. and that is what the market needs today.
Honestly I do not get why people didn't see that coming way before it even started. Don't get me wrong I like tron when I need to send money to somewhere, I can use it for an insant, like take the money I have in the exchange, turn it into tron and send it, maybe 1 minute at tops, and I would not think about owning Tron more than that, no way I would get it. Why? Because exactly the reason you said, Justin Sun. Dude is basically all around Tron and gave himself an insane amount of money from very early days and that basically resulted with him being in charge of a coin, so that means if he wants to change something in Tron he can do that and people can't argue against it, when one person has that much power over a coin, that is centralization and I would never put my money into something that has such a huge centralization, I will only invest into decentralized coins.
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JooBra
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February 21, 2021, 07:43:12 PM |
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I don't like how they are trying to do marketing. They payed some famous people to promote them without any plan to look it good. Also I heard they have a lot of problem with blockchain so not sure if they have a bright future if they not step up work behind the scenes.
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optimisticcm
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Sovryn - Brings DeFi to Bitcoin
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February 21, 2021, 07:53:40 PM |
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Tron is very well known from Justin Sun. He was promoting Tron very hard and always compared it to Ethereum. But he failed completely and his Tron coin was never a danger for Ethereum because Tron was a very bad and not innovative coin. It was based on old and outdated tech but Justin Sun did huge marketing. Tron will be very likely dead soon and people holding Tron will make huge losses. Justin Sun is guilty here because he has promised a good coin but could never deliever. See also here: We should not buy outdated and overvalued coinsWhatever you say but the fact is now thousands of people are transacting using trc usdt which is basically tron based usdt and saving millions in transaction fee which eth network is charging, this proves that tron is an advanced network which is providing users with the solutions that are required for adoption. I think tron and trx will outperform the market in comong weeks.
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marilynmanson21
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February 22, 2021, 02:36:15 AM |
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I don't like how they are trying to do marketing. They payed some famous people to promote them without any plan to look it good. Also I heard they have a lot of problem with blockchain so not sure if they have a bright future if they not step up work behind the scenes.
Where did you get the news? I've never heard of TRON paying famous people to promote the project, if doing fomo maybe yes, Justin sun often does that on twitter. I see differently, TRON actually follows the development of cryptocurrency, Justswap is one example, it's just that Justswap is less well-known than other DEX such as 1inchswap, Uniswap etc.
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