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Topic: Tron is an outdated coin - page 2. (Read 485 times)

full member
Activity: 1190
Merit: 117
February 21, 2021, 12:02:43 AM
#55
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the opinion that Tron is an outdated coin.

sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
February 20, 2021, 10:06:54 PM
#54
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.
member
Activity: 238
Merit: 15
February 20, 2021, 09:48:08 PM
#53
I totally agree with you, though not in terms of outdated but in terms of Justin sun promoting the coin hard back in the days but still, the coin ended up as a shitcoin, this is one thing with overhyped coins, they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.

sr. member
Activity: 987
Merit: 289
Blue0x.com
February 19, 2021, 10:01:17 AM
#52
     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.
hero member
Activity: 1498
Merit: 537
February 18, 2021, 11:18:41 AM
#51
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.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
February 18, 2021, 09:57:43 AM
#50
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.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 18, 2021, 09:46:13 AM
#49
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.
sr. member
Activity: 1162
Merit: 260
February 18, 2021, 09:39:56 AM
#48
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.
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
February 18, 2021, 07:01:14 AM
#47
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
copper member
Activity: 1428
Merit: 253
February 18, 2021, 02:55:46 AM
#46
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.
member
Activity: 1764
Merit: 10
February 18, 2021, 02:46:43 AM
#45
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.
jr. member
Activity: 58
Merit: 1
2+1=3
February 18, 2021, 02:43:08 AM
#44
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. 
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
February 18, 2021, 02:17:57 AM
#43
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.
sr. member
Activity: 2422
Merit: 357
February 18, 2021, 01:47:11 AM
#42
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.
sr. member
Activity: 1988
Merit: 453
February 18, 2021, 01:43:53 AM
#41
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.
hero member
Activity: 1078
Merit: 504
February 18, 2021, 01:28:56 AM
#40
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.
full member
Activity: 406
Merit: 103
February 18, 2021, 12:47:39 AM
#39
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.
sr. member
Activity: 1750
Merit: 267
February 18, 2021, 12:34:27 AM
#38
But if think about fees then tron is a good option to us. The fees of Ethereum is out of hand now. A lot of token and coins are adding with tron platform. Still it has a great demand in market.
member
Activity: 238
Merit: 15
February 17, 2021, 10:23:57 PM
#37
Are you sure tron is outdated?
Yes
Will die and never reach old ATH
Much better tech is around like ChainLink, Avalanche and Ethereum 2.0 will Tron make obsolete.


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 coins

Like i stated earlier; what again is the definition of an outdated dying coin? Tron blockchain houses eft and ume, very big big project with massive adoption and price and yet tron blockchain is dying ? is this some sort of fud? Tron has done over 100% in last 2 months; and it is outdated? I think you need to read more about the tron blockchain and understand how it works.

Quote from me:
TRON isn't outdated. It's now one of the top popular Daap which draws huge attention of the users. Most important thing is that it's faster transaction with low fees and transaction of USDT TRC20 is free which is now a favorite trend after Ethereum fees goes on sky. Only judgement by price isn't good comparison.
Tron will barely play any important role id DeFi and NFT market which is important. Maybe Justin Sun is saying different but it is only marketing. Time will prove who is right.




Among the coin you listed on the outdated coin thread are Cardano, EOS and NEM, these are the coins that already have spiked in the past 2 weeks. Certainly, this thread is a fud. TRON could be just outdated as you may think but it didn't stop them from attracting developers to choose TRON as the platform of choice, they prefer TRON due to its fast and low fees.
Where is it fud? It's how bockchain will be developing, only best tech will be leading. Outdated tech will fall behind.
member
Activity: 294
Merit: 10
WhalesHeaven - Custody Free Swap Exchange
February 17, 2021, 05:07:38 PM
#36
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 coins
I am sure you will have a tough time seeing trx growing in next few months to $1 and beyond. I wonder how negatively you posted about one of the top coins that is proactive and came up with fastest services like smart contracts, defi, bittorent and many others with an efficient network, I have not seen any other project adopting to changes in the market so fast like tron did.
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