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Author Topic: TRON is bad coin, here is why  (Read 2634 times)
JeffBrad12
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March 05, 2024, 02:32:03 AM
 #221

If a person owns a popular altcoin like tron then he should work for it. Failing compete against Ethereum is fine but it should have some development yet  Mainly dev team should try to adopt additional technology what helps tron to become more in demand among its fan but nothing is happened. No sign for potentiality and good future. It is keep going based on old technology and thats it. So i won't buy this coin until i found any clear sign for better future
quite the opposite over the course of the years tron is the first one that imitate trending technology if im being honest, you know the inscription in tron appear quite literally not long after inscription of ordinal got popular and there are plenty of innovations there which just following the trend i guess this is one of the many reason why tron keep having high volume despite not really favoured by people maybe because it just has anything that some people sought after it has the lesser gas fee, but the same technology like any other major coins.
basically this coin was utilized heavily for the sake of its gas price before L2 was a thing for sending stablecoin nowaday though the people have already switched over into using the L2 that certainly cuts eth gas fee required at certain level but its still indirectly tied to the gas price of ethereum if you can notice the price of some L2 for sending a transaction nowaday around $1-$2 tron on the other hand also increasing but not so much here.

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March 05, 2024, 02:09:03 PM
 #222

It is cheaper than Ether. This is the biggest good reason that explains the success of Tron, after it succeeded in attracting a large portion of Ethereum users, especially those searching for the best way to complete financial transactions. However, in terms of development, Ethereum is superior to other networks, and the number of active applications on Ethereum can be noted. The other problem with Ethereum is that high fees lead to low transaction speeds. Therefore, higher fees and a delay in confirmation. Unfortunately, these problems will increase after moving from pow to pos.

Cost-efficiency is NOT a guarantee a crypto project will be successful in the long run. I've seen many "shitcoins" with cheap fees and fast confirmation times, only to be forgotten because of lack of development and innovation. Remember, it's not about the hype. But rather the utility of any given cryptocurrency.

I'm afraid TRON will die soon, especially when investors prefer other coins. It's been years without any substantial movement in market prices. It would be a "miracle" if TRX hits $1 in the future. The competition is fierce, but there can only be one winner. And we all know no one can beat the "King of Altcoins" (ETH). Cheesy

I will agree with you on this point of view on a very important consideration, which is that the most important successful application on the Tron network is for the stable currency Tether, which can be considered the most prominent reason for explaining the demand for Tron. The problem here is not with the network itself, but rather with the concept of stable currencies in general, which suggests that these currencies are always on the brink of collapse because they exist without guarantees or reserve cover. I mean, can you imagine with me the collapse of Tether in the near or medium term, or the emergence of another, more stable currency on another network? Who will use Tron then?

 
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March 11, 2024, 03:09:00 AM
 #223

I don't see that TRON is the worst coin. In fact, I see TRON's success as depending on their success in integrating into the blockchain system. As a project based on a blockchain system even TRX is available on the system and interoperates between the system and external nodes, TRX will probably gain traction among the sea of existing assets. As others have said, TRON is not completely decentralized or even federated.
no one is saying Tron is a bad or worst altcoin. Maybe this altcoin has some shortcomings in some ways, but we can't say Tron is a bad altcoin just because of those shortcomings. Even the most popular altcoin currently, namely ETH, has not been able to solve the main problem, namely very high transaction fees.

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April 18, 2024, 11:36:50 PM
 #224

Damn true. And i wonder how a shitcoin like tron still on top! Maybe it's still usable because of usdt transaction as well as low fee like 1 trx for the whole transaction Which is still cheaper. But undevelopment and manipulation makes it unable and become worst. Nowadays L1 coins are launching too much and i believe tron ecosystem will be end if they don't give effort to develop tron to compete others coins.
As far as I know USDT transaction fees on the Tron network are quite high, namely around $1, much higher than BEP20 which is only around $0.2 . In other words there are other advantages that you may not know about. apart from the fairly high network fees...
mate I'm aware about that. Maybe my expectation wasn't clear enough. Actually I mentioned about usdt as well as tron transaction and both are sperate. Its true that tron needs $1 for usdt transaction but it needs 1trx when you are going to transaction trx coin from another address to another address. Even exchanges charge the same. Which is lowest even more than bnb. But yeah, for usdt transaction, tron takes a higher fee $1 is too much. But for usdt transaction facilities, tron stil popular among people

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April 18, 2024, 11:57:55 PM
 #225

But none of the things you mention makes TRON sound fraudulent to me. I have heard the whole Justin Sun story before but while you may not like him and his coin, it doesn’t come off as fraudulent. If you look at the price increase that TRON has made from when you created this topic, it shows that people are still interested in TRON regardless of what you’re saying.
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April 19, 2024, 01:03:55 AM
 #226

Don't be so biased to sabotage other coins like it has caused you so much lost. Moreover if you get lost of your fund in any AltCoin then you're to be blamed for your inefficiency to had ignored making researches and enquires before Investing your funds neither do you have basic knowledge of the coin.
Every coins can't be of the same categories in the market and not even of an equal qualities. I literally do not have ideal about this Coin but we must just let every other Coins to survive even though we don't Invest to achieve from them.
Don't be grieve Op. You can always fix your past up and move on if the Tron coin has really thought you lessions.

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April 19, 2024, 02:32:49 AM
 #227

But none of the things you mention makes TRON sound fraudulent to me. I have heard the whole Justin Sun story before but while you may not like him and his coin, it doesn’t come off as fraudulent. If you look at the price increase that TRON has made from when you created this topic, it shows that people are still interested in TRON regardless of what you’re saying.

I see no reason for tron to be fraudulent to anyone. We may not see any plans or development from the Tron developer, but there is no doubt that when it comes to transactions, the contribution that this network gives to people who make transactions is great when it comes to transferring crypto profit to our fiat.

And almost all centralized exchanges list TRON when it comes to withdrawal or deposit transactions. That means it's not true that TRON is really bad. Because if it were really bad, it would have been out of the crypto space for a long time.

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April 19, 2024, 04:41:11 AM
 #228

Currently TRON is ranked 14th in CMC and if you say TRON is a bad coin, then what about other coins that are below TRON?
You can't say TRON is a bad coin just because of a few flaws, and maybe you should also look for flaws in other coins so you know that there is no such thing as a perfect coin.

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April 19, 2024, 06:39:21 AM
 #229

Currently TRON is ranked 14th in CMC and if you say TRON is a bad coin, then what about other coins that are below TRON?
You can't say TRON is a bad coin just because of a few flaws, and maybe you should also look for flaws in other coins so you know that there is no such thing as a perfect coin.

Don't worry about OP, he hasn't been here since August.
He just made this thread for whatever reason and bounced, no idea why he even made this.
TRON obviously has something to it, the chain is very popular for USDT transactions, even if I have to admit thought, I have seen many wannabe scammers using USDT on TRC-20 , haha. For some reason they avoid other chains, I don't know why.


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April 19, 2024, 09:47:45 PM
 #230

Currently TRON is ranked 14th in CMC and if you say TRON is a bad coin, then what about other coins that are below TRON?
You can't say TRON is a bad coin just because of a few flaws, and maybe you should also look for flaws in other coins so you know that there is no such thing as a perfect coin.

Don't worry about OP, he hasn't been here since August.
He just made this thread for whatever reason and bounced, no idea why he even made this.
TRON obviously has something to it, the chain is very popular for USDT transactions, even if I have to admit thought, I have seen many wannabe scammers using USDT on TRC-20 , haha. For some reason they avoid other chains, I don't know why.



This is true. I did not remember this factor. People use TRC20 USDT a lot due to the transactions speed that ranges from just a few seconds to a few minutes. And TRON has really low transaction fees too. I remember that a few times I received USDT there.
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April 25, 2024, 06:10:16 PM
 #231

This is true. I did not remember this factor. People use TRC20 USDT a lot due to the transactions speed that ranges from just a few seconds to a few minutes. And TRON has really low transaction fees too. I remember that a few times I received USDT there.

Buddy, Solana has lower fees and faster confirmation times than TRON itself. It has all of the attention of mainstream investors and traders alike. Not only that, but developers are building their projects on top of the Solana chain. Demand for TRX is declining due to lack of active development and innovation. The only use case for TRON would be stablecoin transactions. But with SOL on the spotlight, that could end soon. Especially when it has a bigger market share than TRX itself.

TRON founder Justin Sun gathered a lot of controversy within the crypto/Blockchain industry. His shady actions has led many to distrust his projects. He is now under investigation by the SEC (a US regulatory agency). Considering these facts, don't expect TRX to reach $1 anytime soon. It will always be a worthless coin to the eyes of the crypto community. At least, the code is open source. What's stopping anyone from making a better version of TRON in the future? Grin

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April 25, 2024, 11:31:53 PM
 #232

This is true. I did not remember this factor. People use TRC20 USDT a lot due to the transactions speed that ranges from just a few seconds to a few minutes. And TRON has really low transaction fees too. I remember that a few times I received USDT there.

Buddy, Solana has lower fees and faster confirmation times than TRON itself. It has all of the attention of mainstream investors and traders alike. Not only that, but developers are building their projects on top of the Solana chain. Demand for TRX is declining due to lack of active development and innovation. The only use case for TRON would be stablecoin transactions. But with SOL on the spotlight, that could end soon. Especially when it has a bigger market share than TRX itself.

TRON founder Justin Sun gathered a lot of controversy within the crypto/Blockchain industry. His shady actions has led many to distrust his projects. He is now under investigation by the SEC (a US regulatory agency). Considering these facts, don't expect TRX to reach $1 anytime soon. It will always be a worthless coin to the eyes of the crypto community. At least, the code is open source. What's stopping anyone from making a better version of TRON in the future? Grin

Don’t take it as that I am being defensive for TRON. I don’t really care and just say my truth. I understand what you say and it makes a lot of sense as to how this can impact TRON. But remember that it’s a cryptocurrency. At the end of the day the story could be different. I’m talking about benefit of doubt. So, while you believe that TRON is far from achieving $1, just don’t think it’s impossible.
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April 26, 2024, 07:56:16 AM
 #233

I don't see that TRON is the worst coin. In fact, I see TRON's success as depending on their success in integrating into the blockchain system. As a project based on a blockchain system even TRX is available on the system and interoperates between the system and external nodes, TRX will probably gain traction among the sea of existing assets. As others have said, TRON is not completely decentralized or even federated.
no one is saying Tron is a bad or worst altcoin. Maybe this altcoin has some shortcomings in some ways, but we can't say Tron is a bad altcoin just because of those shortcomings. Even the most popular altcoin currently, namely ETH, has not been able to solve the main problem, namely very high transaction fees.
I am used to people, they just bring unnecessary rivalry from nowhere. First, I wonder from the main OP why the brains behind Ethereum and Tron are rivals and the rivals both have all it takes to upgrade and make them scaled better for more rivalry and competition to be achieved, but one did not. Why is Tron then taking it gently and slowly? Well, in my understanding, projects and plans vary, and I believe that what the brains behind Tron want it to look like is what it looks like as we see it presently, and the same thing goes for Ethereum.

For the record, Ethereum will beat Tron many times over for many obvious reasons, we should keep it that way and enjoy both where we prefer them. For investment and other crypto projects, one may want to prefer Ethereum, but for sending money, one may want to prefer Tron.

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April 26, 2024, 08:34:53 AM
 #234

Currently TRON is ranked 14th in CMC and if you say TRON is a bad coin, then what about other coins that are below TRON?
just let him be because we cannot please everybody , even bitcoin has its own bashers those who deliver negative things and with that they believe they are earning something.

Quote
You can't say TRON is a bad coin just because of a few flaws, and maybe you should also look for flaws in other coins so you know that there is no such thing as a perfect coin.
we cannot stop them mate , but indeed that tron has also  a positive future and that would be certain once the market starts to grow again.

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April 26, 2024, 08:12:35 PM
 #235

Currently TRON is ranked 14th in CMC and if you say TRON is a bad coin, then what about other coins that are below TRON?
just let him be because we cannot please everybody , even bitcoin has its own bashers those who deliver negative things and with that they believe they are earning something.

Quote
You can't say TRON is a bad coin just because of a few flaws, and maybe you should also look for flaws in other coins so you know that there is no such thing as a perfect coin.
we cannot stop them mate , but indeed that tron has also  a positive future and that would be certain once the market starts to grow again.

was also thinking about why this token is still one of the top tokens when it doesn't really have a good price. but i think they deliberately want the price to maintain this low for it to be available for anyone.

i use to have more than 50k of this TRON but sold it back in 2021. but if i have to get into TRon to invest again, i think this is the right time when its not dumping anymore and somehow rising. i think the Chinese like this token already for being cheaper.

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May 01, 2024, 04:40:10 AM
 #236

Currently TRON is ranked 14th in CMC and if you say TRON is a bad coin, then what about other coins that are below TRON?
just let him be because we cannot please everybody , even bitcoin has its own bashers those who deliver negative things and with that they believe they are earning something.

Quote
You can't say TRON is a bad coin just because of a few flaws, and maybe you should also look for flaws in other coins so you know that there is no such thing as a perfect coin.
we cannot stop them mate , but indeed that tron has also  a positive future and that would be certain once the market starts to grow again.

was also thinking about why this token is still one of the top tokens when it doesn't really have a good price. but i think they deliberately want the price to maintain this low for it to be available for anyone.
maybe because this is one of the most promising and futuristic though indeed that for me? positive things will come to its investor in the future or maybe sooner than this year.

Quote
i use to have more than 50k of this TRON but sold it back in 2021. but if i have to get into TRon to invest again, i think this is the right time when its not dumping anymore and somehow rising. i think the Chinese like this token already for being cheaper.
that is not bad to keep holding but you chooses to sell then in the last bullrun ,  but also good thing that you do not regret that decisions.

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May 01, 2024, 10:19:52 AM
 #237

I don't know anything about any problems, behind the scenes events i only know that tron ​​at least for me is very functional fast transfers low fees high api in staking and almost all betting and games sites accept it

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May 03, 2024, 03:38:45 PM
 #238

was also thinking about why this token is still one of the top tokens when it doesn't really have a good price. but i think they deliberately want the price to maintain this low for it to be available for anyone.

i use to have more than 50k of this TRON but sold it back in 2021. but if i have to get into TRon to invest again, i think this is the right time when its not dumping anymore and somehow rising. i think the Chinese like this token already for being cheaper.

TRX is still in the top ranks in market cap because of the large number of coins circulation. You multiply current market price x circulating supply, and you'll see what I mean. For a blockchain as heavily-marketed as TRON is (by Justin Sun), it should've been among the top 5 coins in market cap by now. I guess there's not much interest in this coin. Especially when developers are building on other blockchain networks.

So far, TRX is winning in the stablecoins market. But that might not last for long, especially when Solana is gaining traction. Without active development or innovation for TRON, the blockchain would ultimately become a "ghost town". I'd steer clear from this coin, just to be safe. Grin

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May 03, 2024, 05:59:08 PM
 #239

I don't know anything about any problems, behind the scenes events i only know that tron ​​at least for me is very functional fast transfers low fees high api in staking and almost all betting and games sites accept it
And a good alternative for USDT transfers. Because being on the TRC20 gives us the cheap transfers and at the same time, quicker transfers for USDT if that's what we prefer than the others like Matic, BSC. But no contest that they're also cheap but it seems that USDTTRX is more popular.

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May 03, 2024, 09:05:58 PM
 #240

Well I have no idea about tron been a bad coin or not, reason is because I don't always look out to those altcoin, but if you consider tron been a bad coin, I think you have a reason for saying that, i always stay away from this altcoins reason is because you can't really predict their future, sometimes you will see them pumping so high but all of a sudden they get dumped.

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