TRON is bad coin, here is why | Bitcointalksearch.org

Abiky

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Quote from: mich on October 16, 2024, 05:49:01 AM

I did read some news about Justin Sun. I do not know if this will help us see alot of gains for this token.
He is now the prime minister of a Bitcoin micronation called Liberland
https://www.dlnews.com/articles/people-culture/tron-founder-justin-sun-elected-prime-minister-of-liberland/

Good for him. As far as I know, he left the TRON project quite some time ago. So it doesn't matter what happens with him. The project is in the hands of the community, and should stay that way for its own good. Justin Sun's departure should make TRON look more decentralized than ETH. The latter is still tied to Vitalik Buterin. Now that Justin became the Prime Minister of Liberland, he can propose the migration of the country's currency into the TRON blockchain itself. It would greatly benefit TRX in terms of market price and mainstream adoption/demand.

While TRON isn't as popular as other chains, it's still the top choice for stablecoin transactions. I'm hoping developers bring something new to the table, just to make TRX shine among its competitors. SOL is eating TRX's cake with the "meme" coins hype and all. It's also faster and cheaper to use (if I'm not wrong). Without innovation, TRON will just become another "meme" coin like Dogecoin and Terra Classic. It's an uncertain future, so I'd hope for the best.

mich

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I did read some news about Justin Sun. I do not know if this will help us see alot of gains for this token.
He is now the prime minister of a Bitcoin micronation called Liberland
https://www.dlnews.com/articles/people-culture/tron-founder-justin-sun-elected-prime-minister-of-liberland/

Abiky

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Quote from: capinacosta on September 03, 2024, 11:51:30 PM

Thanks for sharing your thoughts! I completely agree with you that TRX is often underestimated compared to other coins like SOL or ETH. The fact that TRON has maintained a high trading volume and strong exchange support shows that it's a solid player in the market.

The idea of voting for super representatives to earn more TRX rewards is a great tip. It's a smart way to make your TRX work for you while supporting the network.

Regarding the "gasless stablecoin transactions," I’m really excited about that, too. It could be a game-changer for mainstream adoption, making TRON even more attractive for both users and developers.

While TRX might not see a massive price surge due to its large supply, its utility and the ongoing developments in the TRON ecosystem keep it relevant and valuable. All in all, I think TRON has a promising future.

There are many other ways to make money with TRX (liquidity pools, lending, staking STRX, etc). You don't need to wait for market prices to "pump" in order to make a ROI. The thing about TRON is that it's often overlooked by investors because it's not as overhyped as Solana or even ETH. Many in the crypto community hate Justin Sun for obvious reasons. But that doesn't mean the project itself is not worth the investment. You'd need to consider the level of liquidity a crypto coin has, how active development is, and which exchanges are supporting it to make your move.

So far, TRX has many trading pairs listed on almost every crypto exchange you can imagine. The TRON blockchain itself is fast and cheap to use. That makes it a winner in my book. Assuming it doesn't turn utterly-centralized in the long run. As long as the community is in-charge, nothing else matters. Who knows what surprises we'll find in the future?

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Quote from: marlo1001 on July 19, 2024, 07:40:03 AM

One year after we still see how popular is tron. It's useful due it cheaper fees and energy staking for everyday use

It's TPS also looks pretty. Much prettier than the one on ETH chain, at least Grin

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Quote from: Abiky on July 15, 2024, 05:38:01 PM

Quote from: Zanab247 on May 11, 2024, 10:47:09 AM

I guess Tron is among the worst coins in the market, which I will never include to my altcoins investment because is not pumping the way ETH and SOL is pumping in the market, and those that invested in Tron are still experiencing some challenges in their hodling.

Even though you want to be part of Tron investors, try to invest small money and hodl it for some years, then you will know that Tron reward is very small compare to ETH, which is the second position among other cryptocurrencies in the market.

Assume Tron is fully decentralized, it would have be giving their investors the opportunity to improve like ETH investors because once the price of BTC is rising from the market, ETH price will be rising too for their investors to know the season has come.

If you want to earn more by "hodling" TRX, I'd suggest you vote for super representatives (another word for validators) who'll give you a share of their block reward income. Staked.us is one of them. I understand TRX is not as overhyped as SOL or ETH are, but that doesn't mean "it's the end of the world". TRX has a high trading volume and a large number of exchanges supporting it. Market metrics tells us the coin isn't going anywhere soon.

With Justin Sun's announcement of "gasless stablecoin transactions" on TRON, we should expect mainstream adoption to increase like never before. Price-wise, I don't think TRX will "pump" that much because of the huge circulating supply. At least, the Blockchain is useful. The project is "decentralized" and open source. So what can go wrong?

Thanks for sharing your thoughts! I completely agree with you that TRX is often underestimated compared to other coins like SOL or ETH. The fact that TRON has maintained a high trading volume and strong exchange support shows that it's a solid player in the market.

The idea of voting for super representatives to earn more TRX rewards is a great tip. It's a smart way to make your TRX work for you while supporting the network.

Regarding the "gasless stablecoin transactions," I’m really excited about that, too. It could be a game-changer for mainstream adoption, making TRON even more attractive for both users and developers.

While TRX might not see a massive price surge due to its large supply, its utility and the ongoing developments in the TRON ecosystem keep it relevant and valuable. All in all, I think TRON has a promising future.

marlo1001

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One year after we still see how popular is tron. It's useful due it cheaper fees and energy staking for everyday use

betswift

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A good point is to say that not many coins can even come close to ETH in utility / price department. So to say that Tron is failing only because it doesn't surpass ETH - is foolish. It won't pump like a meme, it's also not hyped like a rocket to the moon, but it's still the choice of everyone what to do with it - somebody may like it because of it's utility or reason of it's existince, somebody will despise it for same reasons.

Abiky

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Quote from: Zanab247 on May 11, 2024, 10:47:09 AM

I guess Tron is among the worst coins in the market, which I will never include to my altcoins investment because is not pumping the way ETH and SOL is pumping in the market, and those that invested in Tron are still experiencing some challenges in their hodling.

Even though you want to be part of Tron investors, try to invest small money and hodl it for some years, then you will know that Tron reward is very small compare to ETH, which is the second position among other cryptocurrencies in the market.

Assume Tron is fully decentralized, it would have be giving their investors the opportunity to improve like ETH investors because once the price of BTC is rising from the market, ETH price will be rising too for their investors to know the season has come.

If you want to earn more by "hodling" TRX, I'd suggest you vote for super representatives (another word for validators) who'll give you a share of their block reward income. Staked.us is one of them. I understand TRX is not as overhyped as SOL or ETH are, but that doesn't mean "it's the end of the world". TRX has a high trading volume and a large number of exchanges supporting it. Market metrics tells us the coin isn't going anywhere soon.

With Justin Sun's announcement of "gasless stablecoin transactions" on TRON, we should expect mainstream adoption to increase like never before. Price-wise, I don't think TRX will "pump" that much because of the huge circulating supply. At least, the Blockchain is useful. The project is "decentralized" and open source. So what can go wrong?

mich

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Well we can think this Tron is a bad coin. But Tron founder Justin Sun now is wanting to buy $2.3 Billion of Bitcoin seized by the German government.

He did say he does want to do this off market so it can minimize the impact on the market. https://finance.yahoo.com/news/justin-sun-offers-buy-germanys-071805008.html

andyou1234

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Even though the blockchain network on each exchange is not very extensive and does not have a positive impact, I think the Tron network is one of the networks that has the lowest fees, even the fees are lower than Binance, I think this is just a matter of time, I really optimistic that TRON will become the best altcoin and blockchain network that can compete with even BNB, Solana and matic.

gastrack

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Trx cost will continue as before from today and the following days to come with the exception of if bitcoin cost fall which is typical general thing to expect in the crypto market, and I think exactly couple of months back. I don't hold any yet that doesn't mean it is totally poop. Certain individuals like me benefit from TRON's low charges. If ETH has any desire to be the ruler once more, Vitaliq ought to figure out how to bring down them network charges.

cute nmp

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Don't know why you don't like the tron network that bad . It is very fast and has very low transaction fees unlike most network it is even more cheaper to compared to BSC if there is any network I dislike using is Eth network which has very high amount of fees not tron or Solana.

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Quote from: laijsica on May 09, 2024, 02:29:12 AM

Although TRON was founded in 2014, it has long been overseen by a non-profit organization. It was later created as a token on the Ethereum blockchain around 2017. Later in 2018 it was migrated to block chain. Initially its price was almost stable but later it did not contribute much to the crypto market. After the transition to block chain it tried to compete with ETH but they failed.

Even though the migration to blockchain itself has not had a significant impact on crypto and there are not many projects on the TRON network, TRON is still one of the big altcoins which is ranked 15th in the CMC with large users and investors. Competing with ETH is not easy because in the last few years ETH has become the king of altcoins, and failing to compete with ETH is not something bad. look at big altcoins like BNB and SOLANA which are also positioning as opponents to ETH.

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Quote from: Bushdark on May 04, 2024, 04:57:21 AM

Quote from: Victorik on July 30, 2023, 02:01:57 PM

If you want to really discredit TRON, then you will have to come up with something better, because all you have just said is quite senseless and not tenable.
If you have anything against Justin Sun, just say it and stop this nonsense about TRON being a bad coin.

Op is very wrong and I think he has an hatred for Tron as a crypto project which I am not that surprised.
You can choose to buy and hold any crypto project that you like but that do not mean you have to tell us something that do not make a concrete sense about a good project...op! There are people that really believe in investing in Tron because they have seen that the team are doing well and have greater potential of the coin hitting $1. This is just about time and I am very sure that the price of Tron is going to do much better soon.

As long as the coin is not an honey pot, then why would the op be saying that tron is a bad coin. He has a choice, he is not any compulsion to buy the coin. This is somebody's hard work, he can't just come here and be taking trash about it.
If it is easy to develop a solid project, then he should come up with one, maybe then he would understand that it isn't really that easy.

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Quote from: laijsica on May 09, 2024, 02:29:12 AM

Although TRON was founded in 2014, it has long been overseen by a non-profit organization. It was later created as a token on the Ethereum blockchain around 2017. Later in 2018 it was migrated to block chain. Initially its price was almost stable but later it did not contribute much to the crypto market. After the transition to block chain it tried to compete with ETH but they failed.

Whatever anyone would say about Tron whether good or bad, The Tron Blockchain has been bmvery impressive with less fee on every transaction making us to carry out multiple transactions on different coins every. Even though the team are not that into hyping the project, the Blockchain is very impressive and we can always make money from holding the tokens seeing the price moving bullish as the price of Bitcoin keep surging. This would happen soon and I am very certain.

Zanab247

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Quote from: asrinur

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.

I guess Tron is among the worst coins in the market, which I will never include to my altcoins investment because is not pumping the way ETH and SOL is pumping in the market, and those that invested in Tron are still experiencing some challenges in their hodling.

Even though you want to be part of Tron investors, try to invest small money and hodl it for some years, then you will know that Tron reward is very small compare to ETH, which is the second position among other cryptocurrencies in the market.

Assume Tron is fully decentralized, it would have be giving their investors the opportunity to improve like ETH investors because once the price of BTC is rising from the market, ETH price will be rising too for their investors to know the season has come.

laijsica

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Although TRON was founded in 2014, it has long been overseen by a non-profit organization. It was later created as a token on the Ethereum blockchain around 2017. Later in 2018 it was migrated to block chain. Initially its price was almost stable but later it did not contribute much to the crypto market. After the transition to block chain it tried to compete with ETH but they failed.

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Quote from: Essential10 on May 04, 2024, 02:57:46 AM

Different people may give different opinions but I say only because of the price drop I can't call this coin good or bad. I heard a lot of controversy about the Tron, still many people trade in TRON coin. One coin wants to outperform another coin, while troncoin has failed to compete with Ethereum coins, but Tron has not completely failed yet. But if you look Troncoin is still very popular and one of the top coins. Many may think tron will not come back, Although, I don't want to invest but I think Troncoin can come back may be take more long time.

most altcoins have controversies and for me this is normal because everyone has different opinions or views. If TRON is said to be a shit coin because only failed to compete with ETH, it means that all altcoins are considered to have failed because they cannot compete with ETH. I think it's not just TRON because L1 altcoins like BNB SOLANA or APTOS were created to compete with ETH, and so far they still haven't been able to beat ETH. we just need to look at the advantages, not the disadvantages.

Abiky

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Quote from: Tipstar on May 04, 2024, 12:40:38 AM

I might have defended Tron in the past but no more. It's not that we'll need a lot of these coins and platforms to issue more and more tokens and memecoins. People would no longer disperse their money everywhere. The specific platform needs to stand out and offer, ease, comfort and reliability to developers and users. Tron has for years failed to do that. There used to be a popular coin called NEO in the past, they might have rebranded but it's nowhere to be seen now, the same fate is being developed for Tron. If the stay as they are, they'll be pushed out from Top 100 by marketcap in next bull run.

I've seen that Chinese blockchain platforms are often forgotten by the community over time. It's mainly because of the lack of a strong marketing/promotion strategy. That, and also the fact that they're poorly innovated compared to other projects. TRON used to be "shilled" by Justin Sun in the past, but that wasn't enough to propel the coin's price all the way to the moon.

Developers aren't interested in building on top of the TRON blockchain these days. What's keeping it alive are none other than stablecoin transactions. If it wasn't by that, TRX would've been dead by now. Surprisingly, Binance has a large stake in the TRON blockchain. Perhaps that will keep it running for a long time? With competition getting fierce each day, I doubt TRX will survive. I'd steer clear from it just to be safe. Undecided

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Quote from: Ludmilla_rose1995 on May 04, 2024, 03:48:12 PM

In 2017 to 2019, I saw that the euphoria regarding TRON was still quite large, but as time went by, investors started to look at other altcoins, I saw that the development of TRON was quite slow

Justin Sun seemed to have run out of ideas for developing TRX, he also had time to make other projects, but other people starting to see the bad side of him, his inconsistency in handling a project made his reputation decline, this had an impact on the decline in TRON users

We don't decline and we easily accept changes in the system based on the flowing system. Keeping hardtime and knowing the full capacity that ought to be known.TRX is currently used as gas fees and this will only settled for crypto transactions, though it still possess its value.TRON would have become one of the top trending altcoin in the market but I think the team behind this particular project do relent and having zero potentials to boosts themselves.

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