Pavel Durov’s Imminent Release: What Could It Mean for TON and the ecosystem ?

Abiky

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Quote from: pooya87 on August 29, 2024, 10:06:15 AM

He is not really "released" though. He is just out on bail. An over $5 million bail.

As for TON, if this system is being affected like this when the owner of it is arrested and/or the Telegram company faces problems then it means there are certain traces of centralization in it that makes this platform a very dangerous one to use.

So much for decentralization, right? People are following one man to either buy/sell TON. You can see how Telegram's CEO is directly linked with the project. Imagine if something bad (God forbid) happens to Vitalik Buterin? ETH will drop in price like crazy.

People are blindly following project leaders as if they were some sort of a CEO of a company. This will make crypto look no different than stocks. New projects reveal the IDs of their developers/founders just to help attract investors (mainly VCs) into them. Projects made by anonymous developers are often overlooked and labeled a "scam". That's the way this works now. I sure hope the TON project distances itself from its founder for its own good. A community takeover will make it look more decentralized. The future for TON is unpredictable, so I'd avoid putting all of my money into it just to be safe. Cheesy

coin-investor

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It's a temporary release because of bail, but he has obligations to fulfill to continue to enjoy his temporary freedom he is facing ten years of imprisonment and and a fine of 500k Euro.

TON will continue to exist because the Durov's have no stake anymore in this chain whatever happens to TON they will eventually recover because the community of developers is doing great in managing the TON chain.

On Telegram application, it will continue to exist because they have a huge community and it is not yet banned in many countries, it is still a profitable business, I'm sure there are caretakers who will oversee its operations not everything depends on Pavel Durov.

X-ray

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Quote from: Akbarkoe on August 29, 2024, 04:36:46 PM

Dogs is indeed quite interesting because some time ago it has increased, and what makes me very interested is that only a few people are selling Dogs tokens, from the total supply that has been distributed, the community is holding it more than selling it even though they know that Durov is having problems, maybe they believe that Durov's freedom will make the TON ecosystem get more enthusiasts.

but the dogs trading scene isn't as explosive as I've anticipated, just 1.5x gain is not really a gain for a meme coin that supposedly praised to be the biggest meme coin in the TON ecosystem, arguably it's because durov arrest heavily cripple the hype which is why dogs can go this far in the first place.

but regardless dogs is still good free money for anyone else who care to complete to super simple task so it's still a win for the people in the ton ecosystem.
but since durov is just bailed and investigation is still in process, i think investing in any ton related coin/token is still not safe.

Qiubell5

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Quote from: X-ray on August 28, 2024, 07:00:35 PM

after the news of durov's release the price of TON is kinda stagnating though, there is a little bit of recovery but it just dumped again shortly after.

maybe people are still afraid that durov's case hasn't cleared so everything is still unclear despite his release or maybe TON has really reached its ATH and now on the phase of retracement? Grin

.
but the good thing is, recent TON's meme coin DOGS has been pumping, don't know if this release gonna boost participation in the TON ecosystem's game though.

with the arrest of durov this has an impact on the meme ton coin, although it has an impact on trading I think the view on this will change after durov is released, in this case we will see further developments in the market.

Wakate

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Quote from: Coyster on August 29, 2024, 03:24:24 PM

That's why i don't like it when a coin or a project is tied to an individual or a platform, just like the Ton blockchain and Toncoin, it is always very easy for coins like that to lose its value in this way, because anything that affects the undelying platform affects it. That's why i settle for mostly only bitcoin, nobody knows the creator, no news about them can affect bitcoin, the network is also not tied to any platform, just completely decentralized, and it helps me sleep well at night with my money in such a network.

You may be right but surely this will get better when this court of a thing is actually settled. The same thing happened to Binance multiple times and the exchange is still strong and functional till today. Binance still remains the largest and most used cryptocurrency exchange in the world without any competitors for now. I know that with time, all these is going to be resolved and we might see the price of the token surging higher than the previous high with time. Those that are might will not be panicking because all these trials will surely be over which is going to make the price of Ton to skyrocket with more holders going for it.

Akbarkoe

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Quote from: X-ray on August 28, 2024, 07:00:35 PM

after the news of durov's release the price of TON is kinda stagnating though, there is a little bit of recovery but it just dumped again shortly after.

maybe people are still afraid that durov's case hasn't cleared so everything is still unclear despite his release or maybe TON has really reached its ATH and now on the phase of retracement? Grin

.
but the good thing is, recent TON's meme coin DOGS has been pumping, don't know if this release gonna boost participation in the TON ecosystem's game though.

It is quite stable in price now after the latest news about Durov because he is no longer in prison and will undergo a trial for the charges against him.
Regarding TON and its relationship with Durov, there are still many people who are convinced that Durov's absence will affect the potential of TON in the future, and some people are still confused by Durov's case, because I am quite sure that this investor invested not in the TON project but in the person.

Dogs is indeed quite interesting because some time ago it has increased, and what makes me very interested is that only a few people are selling Dogs tokens, from the total supply that has been distributed, the community is holding it more than selling it even though they know that Durov is having problems, maybe they believe that Durov's freedom will make the TON ecosystem get more enthusiasts.

Lilybasil

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Quote from: aima55 on August 28, 2024, 07:07:14 AM

The TON ecosystem has been a game-changer in the crypto space lately. With the DOGS airdrop, we've seen a massive influx of newbies getting into crypto for the first time. It's pretty wild how TON has brought in more users than some of the so-called "ghost chains" like Cardano.

There's a lot of buzz about what'll happen to the TON ecosystem once Pavel Durov is out of prison. Some folks are betting big on TON tokens, thinking they'll skyrocket. It's crazy to see how many projects are popping up on TON back-to-back. The ecosystem is really gaining momentum.

I've been hearing some chatter about some ton mini game especially this new one Goldverse. Their GoldVersebot game on Telegram hit a million users in just 10 days. People seem pretty bullish on it, but it's not getting the same hype as DOGS yet. But the question here is it wise to fade these new projects after what we have seen happened with DOGS. O will we ever get a project that will do the same like DOGS? Or it’s just over and we should start looking for a narrative?

I think we'll continue seeing more increase in ton ecosystem projects. Durov has been released though. Last I checked ton was trading around 5.4 region. U predict that after DOGS, expect alot on similar projects but only those that does something different would survive. As for gold verse, I noticed Bitget announcing listing next month for it .that caught my attention though.. still observing, but getting the exchange attention is a bold statement from the project. Who knows, it might do well.

aima55

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Quote from: Coyster on August 29, 2024, 03:24:24 PM

That's why i don't like it when a coin or a project is tied to an individual or a platform, just like the Ton blockchain and Toncoin, it is always very easy for coins like that to lose its value in this way, because anything that affects the undelying platform affects it. That's why i settle for mostly only bitcoin, nobody knows the creator, no news about them can affect bitcoin, the network is also not tied to any platform, just completely decentralized, and it helps me sleep well at night with my money in such a network.

Valid. I am really glad that satoshi nakamoto disappeared.

aima55

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Quote from: JellyJ on August 29, 2024, 03:27:31 PM

But Durov has already been released and is on bail, though he is not allowed to leave france

I posted this before we was released

JellyJ

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But Durov has already been released and is on bail, though he is not allowed to leave france

Coyster

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That's why i don't like it when a coin or a project is tied to an individual or a platform, just like the Ton blockchain and Toncoin, it is always very easy for coins like that to lose its value in this way, because anything that affects the undelying platform affects it. That's why i settle for mostly only bitcoin, nobody knows the creator, no news about them can affect bitcoin, the network is also not tied to any platform, just completely decentralized, and it helps me sleep well at night with my money in such a network.

$crypto$

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When there is an arrest of Durov then this will obviously be a panic for investors in the TON coin they may think it will be destroyed because the owner has been responded but for me it will not be easy, Durov did not cheat anything he wanted freedom of speech.

First Notcoin
Second Dogs
Third ......?

Still which other signatures will be like this, if about other mini games there are many but we will not see as successful as the two tokens that can be listed on major exchanges while other bot games only follow the hype.

hyudien

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Quote from: aima55 on August 28, 2024, 07:07:14 AM

The TON ecosystem has been a game-changer in the crypto space lately. With the DOGS airdrop, we've seen a massive influx of newbies getting into crypto for the first time. It's pretty wild how TON has brought in more users than some of the so-called "ghost chains" like Cardano.

There's a lot of buzz about what'll happen to the TON ecosystem once Pavel Durov is out of prison. Some folks are betting big on TON tokens, thinking they'll skyrocket. It's crazy to see how many projects are popping up on TON back-to-back. The ecosystem is really gaining momentum.

It's not because of DOGS but it all started from the NOT Airdrop which became one of the first pioneers with a new system in the crypto industry especially Airdrop. Although DOGS is not a tap to earn airdrop type but the concept remains the same and is the 2nd part of NOT. If you review a few days after the news of Durov being arrested, the TON Blockchain was temporarily suspended but now it is back up and running and Durov has paid a fine on the condition that he must report every 2 weeks as a regional prisoner, this issue has a more massive impact on new projects that continue to emerge on the TON network, but for greater support for the increase in TON it is still not significant because investors are still wary of other surprising news, as long as Durov is not completely free then anything can still happen.

pooya87

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He is not really "released" though. He is just out on bail. An over $5 million bail.

As for TON, if this system is being affected like this when the owner of it is arrested and/or the Telegram company faces problems then it means there are certain traces of centralization in it that makes this platform a very dangerous one to use.

aioc

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Although Ton was a creation of Durov, they have left the stakes to other developers, and they distance themselves from TON, TON's price is dropping because of failure to produce blocks, resulting of many exchanges and wallets suspension of transactions.

Durov case will not affect Ton's price in the long term it will even go better, they have to fix issues concerning their chains, and they are good to go.

TravelMug

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Quote from: FortuneFollower on August 29, 2024, 04:47:50 AM

Quote from: Kavelj22 on August 28, 2024, 06:18:44 PM

Telegram platform is not the only one that provides a high level of privacy for users, but it is the most popular and widely used worldwide.

What I do not understand is why he suddenly chose to go to France as if he wanted to face these charges himself at the same time that a defense committee could have represented him, and he is a billionaire who does not need to be in this position. We all know that these charges are malicious and their main goal is to pressure to change the platform's policies and it has nothing to do with whether the person is actually a terrorist or corrupt.

As for the Russian demand to France to liberate him, we can understand it within the framework of political reactions since France granted citizenship to Pavel after his country, Russia, imposed restrictions on him, and Russia is now pretending to stand by him on the grounds that he is a Russian citizen, and secondly because the Telegram application, with its anti-Western tracking policies, is a winning point for Russia since the West is harmed by them.

Pavel enjoys global popularity and I hope that things do not end up turning Telegram into a means of tracking its users.

We will never know the full picture, however, I too think that Telegram is here to stay due to its use and utility, and there is no point in thinking that it will be frozen or something like that.

It's going to be very hard to stop a apps like Telegram, it's too big to fall in my opinion. And it has been one of the apps that really took over this year, everything is on top of it right now, even gaming and gambling platforms are being developed on Ton.

Quote from: FortuneFollower on August 29, 2024, 04:47:50 AM

This situation will boil down eventually a bit better or worse for Durov, depending on many factors that we won't be able to analyze before the conclusion of it.

Well it just depends on how we look at it, he is being pictured as a freedom fighter and France trying to curb out his freedom or any other message apps for that matter. And they charge him a lot which is for me an overkill. As you can see all charges that they can think of against, they write it everything.

And now that they are going to release him? Doesn't make sense as what France is trying to do here.

FortuneFollower

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Quote from: Kavelj22 on August 28, 2024, 06:18:44 PM

Telegram platform is not the only one that provides a high level of privacy for users, but it is the most popular and widely used worldwide.

What I do not understand is why he suddenly chose to go to France as if he wanted to face these charges himself at the same time that a defense committee could have represented him, and he is a billionaire who does not need to be in this position. We all know that these charges are malicious and their main goal is to pressure to change the platform's policies and it has nothing to do with whether the person is actually a terrorist or corrupt.

As for the Russian demand to France to liberate him, we can understand it within the framework of political reactions since France granted citizenship to Pavel after his country, Russia, imposed restrictions on him, and Russia is now pretending to stand by him on the grounds that he is a Russian citizen, and secondly because the Telegram application, with its anti-Western tracking policies, is a winning point for Russia since the West is harmed by them.

Pavel enjoys global popularity and I hope that things do not end up turning Telegram into a means of tracking its users.

We will never know the full picture, however, I too think that Telegram is here to stay due to its use and utility, and there is no point in thinking that it will be frozen or something like that.

This situation will boil down eventually a bit better or worse for Durov, depending on many factors that we won't be able to analyze before the conclusion of it.

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Quote from: X-ray on August 28, 2024, 07:00:35 PM

after the news of durov's release the price of TON is kinda stagnating though, there is a little bit of recovery but it just dumped again shortly after.

maybe people are still afraid that durov's case hasn't cleared so everything is still unclear despite his release or maybe TON has really reached its ATH and now on the phase of retracement? Grin

.
but the good thing is, recent TON's meme coin DOGS has been pumping, don't know if this release gonna boost participation in the TON ecosystem's game though.

Durov got a bail price for himself in the ongoing investigation, and he can't leave France, so, it's not all gloom for him Grin

And for TON itself too, for the time being. We shall see how the market will go when this case gets resolved completely.

X-ray

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after the news of durov's release the price of TON is kinda stagnating though, there is a little bit of recovery but it just dumped again shortly after.

maybe people are still afraid that durov's case hasn't cleared so everything is still unclear despite his release or maybe TON has really reached its ATH and now on the phase of retracement? Grin

.
but the good thing is, recent TON's meme coin DOGS has been pumping, don't know if this release gonna boost participation in the TON ecosystem's game though.

Kavelj22

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🔃EN>>AR Translator🔃

Telegram platform is not the only one that provides a high level of privacy for users, but it is the most popular and widely used worldwide.

What I do not understand is why he suddenly chose to go to France as if he wanted to face these charges himself at the same time that a defense committee could have represented him, and he is a billionaire who does not need to be in this position. We all know that these charges are malicious and their main goal is to pressure to change the platform's policies and it has nothing to do with whether the person is actually a terrorist or corrupt.

As for the Russian demand to France to liberate him, we can understand it within the framework of political reactions since France granted citizenship to Pavel after his country, Russia, imposed restrictions on him, and Russia is now pretending to stand by him on the grounds that he is a Russian citizen, and secondly because the Telegram application, with its anti-Western tracking policies, is a winning point for Russia since the West is harmed by them.

Pavel enjoys global popularity and I hope that things do not end up turning Telegram into a means of tracking its users.

Topic: Pavel Durov’s Imminent Release: What Could It Mean for TON and the ecosystem ? (Read 217 times)