TRON is bad coin, here is why - page 4.

Abiky

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Quote from: JayTrain on February 11, 2024, 02:46:54 PM

I believe it's important to base judgments on facts and research rather than emotions or biased opinions. The blockchain itself is very fast, and transactions are inexpensive. Moreover, TRON ranks in the top 15 on CMC. Regardless of our opinions about CEO Justin Sun, the blockchain operates reliably and looks promising.

CEO? Since when decentralized blockchain networks have a "CEO"? It's all about the collective efforts of people worldwide (the community). Not a single person. By putting all of the attention on one individual, crypto becomes centralized. That's the issue plaguing Ethereum today. The majority follows founder Vitalik Buterin as if he has anything to do with the Blockchain itself.

I guess that's what "ruined" TRON. Especially after Justin Sun's departure from the project. Without someone to follow, TRON will slowly die until it fades away into oblivion. At least, the project is open source. What's stopping anyone from resurrecting TRON in the future? Cheesy

Bitcoin Plar

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Quote from: MiauKitchen on February 11, 2024, 10:41:34 AM

but I think it's important to remember that opinions about tron do vary.
depending on the person.
There are still some people who still believe in tron.
because investing in platfrom in where also to be careful.

yes, I do agree with this that even when you enter into the crypto world, first of all, you have to view and work on your own to show your interest in what you are going to do. Even when you analysis about market runs, you must be aware of the investing you are doing. No one can blame which coins are shits and which are giving outcomes. In any type of business, you learn about your mistakes all the time. So do your efforts for the right coins after carrying out the proper risk assessment by engaging yourself.

JayTrain

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I believe it's important to base judgments on facts and research rather than emotions or biased opinions. The blockchain itself is very fast, and transactions are inexpensive. Moreover, TRON ranks in the top 15 on CMC. Regardless of our opinions about CEO Justin Sun, the blockchain operates reliably and looks promising.

cryptoknightt

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yes I also agree but he can make money with it, so what is called a shitcoin pump if you can manage it then you will make money.
but if you say about usability then I agree, but when it comes to usability, Justin can be said to be a smart person.

MiauKitchen

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but I think it's important to remember that opinions about tron do vary.
depending on the person.
There are still some people who still believe in tron.
because investing in platfrom in where also to be careful.

Nikita2024

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Tron continue to be popular because of the low commissions and many users of the blockchain.

cute nmp

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Dont think this are valid reasons to admit that tron is actually that bad furthermore tron technology is actually advance even if it has not reach the level of Eth .Also I prefer using the tron network more than Eth cause of the high gas fees can't bear the Eth network anymore.

Rehan Zakir

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Quote from: riantolie on July 30, 2023, 04:39:05 AM

Well, it's still cheaper than ETH. Not as much as it used to, but still. I mean, there are a lot of other coins that didn't do something new, at least TRON works fine.

No doubt Tron is very cheaper then the Ethereum coin. You are saying right. But don't compare Tron coin and ethereum coin. Because Ethereum is the world second biggest coin. There is a huge difference between both coins.
Tron is a strong project and their blockchain is very fast. But tron coin is not performed well in the previous bull run. But don't worry about that hold it tightly it gives you good profit in the next bull run.

yazher

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Quote from: Tahid12 on February 05, 2024, 03:54:53 PM

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.

They used Tron back then to lower their transaction fees whenever they wanted to send their ETH or Bitcoins to their local exchanges which accept Tron, but nowadays this is not recommended anymore since we have like Solana and other convenient coins to use in order to save ourselves from more hustles when we sending our crypto to our local exchanges. Most likely when they thought that their coins our essentials for small traders, they didn't seem to care about making an effort to upgrade their platform rather they left it like that and as a result, their Coin does not have as much to offer as its competitors.

john1010

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Quote from: Mr_Peter Ben on July 29, 2023, 11:34:21 PM

Maybe you know already: we have good coin and we have bad coin. While Bitcoin is very good coin, TRON is bad coin and here is why:

- TRON didn't achieve any additional technological advance compared to existing coin
- TRON is only launched because Justin Sun hates Vitalik Buterin and Ethereum
- Justin Sun failed to compete against Ethereum. Ethereum is much better, has much better technology and better developers
- Justin Sun just SHILLS his shitcoin TRON instead of implementing a better technology

Everyone should know, how fraudulent TRON really is.
Avoid bad coin like TRON.

It's always valuable to hear different opinions in the crypto community.
While TRON might not align with everyone's preferences, it's essential to remember that each project has its strengths and weaknesses. Some may find value in TRON's offerings, while others may not.
Ultimately, it's up to individuals to conduct thorough research and make informed decisions about which cryptocurrencies to invest in or support.

BitcoinsGreat

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Quote from: JeffBrad12 on January 27, 2024, 08:51:23 PM

i would prefer to invest in manta or even better celestia instead.

Celestia is a much better coin because if you stake it, you will get an opportunity to take part in a lot of airdrops. And also its price will keep on increasing due to this use case. Also, there is a lot of hype for Manta and it is also a good layer 2 project for Ethereum.
The issue with the tron is that it has an unlimited supply and the owners of tron keep dumping tron Angry

, I just use it for transferring purpose as it is cheap to transfer for one wallet to another.

Ngemmeng

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Quote from: Tahid12 on February 05, 2024, 03:54:53 PM

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...

NicNacCoin

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Quote from: Mr_Peter Ben on July 29, 2023, 11:34:21 PM

Maybe you know already: we have good coin and we have bad coin. While Bitcoin is very good coin, TRON is bad coin and here is why:

- TRON didn't achieve any additional technological advance compared to existing coin
- TRON is only launched because Justin Sun hates Vitalik Buterin and Ethereum
- Justin Sun failed to compete against Ethereum. Ethereum is much better, has much better technology and better developers
- Justin Sun just SHILLS his shitcoin TRON instead of implementing a better technology

Everyone should know, how fraudulent TRON really is.
Avoid bad coin like TRON.

A lot of people might be badmouthing TRON but I'm not badmouthing TRON. Everyone is good in their own way. Ethereum has many popular development technologies, skilled developers. I like Ethereum and have invested and held. On the other hand I prefer TRON and choose the TRON platform to avoid extra fees when transferring any coins. So I will never badmouth any of these coins. If you look at TRX today, you can see that 6% are positive. So I don't take it as bad even if it is bad for everyone.

Tahid12

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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.

arjunmujay

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Quote from: Abiky on January 29, 2024, 07:28:05 AM

Quote from: MFahad on January 25, 2024, 04:18:16 PM

Whatever you said, someone else can say the same about Ethereum or any other coin. just change the Word from TRON to anything in your post.
In my opinion Tron and ethereum are not comparable. because both of them are so much different. I like both of them. Ethereum because it is 2nd Biggest Altcoin after Bitcoin. it is trusted and valuable asset in the market. Tron also have been very useful for me. Tron's network is fast, transaction fee is cheap. these are the things I like about Tron.
I am not a developer so can't talk about developing benefits and use cases. but I think both of the coin are good in their place.

Indeed. TRON is fast and cheap for day-to-day payments. But what use would it have if development progress stalls over time? Without constant development and innovation, the project would simply die. Especially when the competition is getting fierce each day. Now the SEC is after TRON founder Justin Sun, adding more negative pressure over TRX's price in the short term. Between this and the huge supply of coins in circulation, don't expect TRX to go all the way to the moon anytime soon.

At least, the code is open source. What's stopping anyone from making an improved version of TRON in the future? As long as decentralization wins, there should be nothing to worry about. Wink

Indeed, TRON is very famous for its transaction speed and low fees. but now and in the future someone will definitely replace that position and TRON will disappear and be worthless.
USDT can also be used as a transfer medium or bridge between altcoins or even bitcoin. So as long as TRON doesn't want to develop any more, over time it will definitely be abandoned.

Abiky

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Quote from: MFahad on January 25, 2024, 04:18:16 PM

Whatever you said, someone else can say the same about Ethereum or any other coin. just change the Word from TRON to anything in your post.
In my opinion Tron and ethereum are not comparable. because both of them are so much different. I like both of them. Ethereum because it is 2nd Biggest Altcoin after Bitcoin. it is trusted and valuable asset in the market. Tron also have been very useful for me. Tron's network is fast, transaction fee is cheap. these are the things I like about Tron.
I am not a developer so can't talk about developing benefits and use cases. but I think both of the coin are good in their place.

Indeed. TRON is fast and cheap for day-to-day payments. But what use would it have if development progress stalls over time? Without constant development and innovation, the project would simply die. Especially when the competition is getting fierce each day. Now the SEC is after TRON founder Justin Sun, adding more negative pressure over TRX's price in the short term. Between this and the huge supply of coins in circulation, don't expect TRX to go all the way to the moon anytime soon.

At least, the code is open source. What's stopping anyone from making an improved version of TRON in the future? As long as decentralization wins, there should be nothing to worry about. Wink

JeffBrad12

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Quote from: Sophokles on January 27, 2024, 07:59:15 PM

Quote from: doubletheprof on January 26, 2024, 09:31:15 AM

Any altcoin other than KASPA has no future imo

I guess you are holding a big bag of KASPA and wanted to shill the project. I wanted to know how many ecosystem projects Kaspa has. It is not that popular right now and its price doesn't match its adoption. The adoption rate is at its lowest compared to other blockchains when the price of the token is rising exponentially. How does this happen? Do you have any idea? Its because a large portion of the token is kept out of circulation by the team or whales, which will be dumped into late investors. So be careful about your risk-reward ratio.

well to be fair there are many coins that are having pump but have no ecosystem and users using it whatsoever, like SEI one of its dapps are announcing of closure just because there are inadequate transactions, considering the fact that sei has been kinda shady with their airdrop from the very start so many people are never truly utilizing the blockchain anyway.
its what happen in bullish though just some random coin suddenly pumps i also remember certain defi that are low in either tvl or swap volume but getting pump out of the blue.
with the case of KASPA well the blockchain main appeal is PoW, honestly though i don't see any special thing in it, after all the price has fallen right now.
i would prefer to invest in manta or even better celestia instead.

Sophokles

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Quote from: doubletheprof on January 26, 2024, 09:31:15 AM

Any altcoin other than KASPA has no future imo

I guess you are holding a big bag of KASPA and wanted to shill the project. I wanted to know how many ecosystem projects Kaspa has. It is not that popular right now and its price doesn't match its adoption. The adoption rate is at its lowest compared to other blockchains when the price of the token is rising exponentially. How does this happen? Do you have any idea? Its because a large portion of the token is kept out of circulation by the team or whales, which will be dumped into late investors. So be careful about your risk-reward ratio.

trendcoin

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OP's reasons are indeed justified, but I think the fact that it didn't reach the old ATH level in the last bull run alone is proof that it is a bad coin. I really feel sorry for people who buy Tron and have to hodl because they are at a huge loss. They have to wait in a state of obligation while new trends and new coins are showing up in the market. That's why I think cut loss strategies are very important. We may have bought a useless coin, the important thing is to be able to say goodbye to it, whether in profit or loss.

odunybiz

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Quote from: martinex on December 06, 2023, 04:14:34 AM

Quote from: gabbie2010 on December 06, 2023, 02:42:14 AM

This two features of TRX that is fast transaction speed and cheap transaction fee outweighed that of Ethereum in all ramifications, though many project developers adopted Ethereum network for their transactions yet TRX is still the best especially when transacting USDT as compared to ERC which has a very high fee, investing in Tron isn't the issue here but the usefulness of it's features had a great impact in cryptocurrency with regards to it transaction and cheaper fee, I don't know why the OP has decided to downgrade TRX among other networks probably because of its price which hasn't experience tremendous growth compared to the price of Ethereum.

In this moment maybe we wills see, many people have comment with TRON's performance, but if you look at its function, it could be slightly reduced, but the price still hasn't increased. Personally, if I look at this Altcoins, it's the same as the others. If BTC goes up, TRX will also go up. Just be patient for sure because every coin has its time to rise.

You got it wrong somewhere bro. Not all coin has potential to rise. What if the coin is a dead project? What if the team as dump on investors and ran away. If every coin has its time to rise, then we shouldn't bother making research before investing. Some coin are dead and hardly can come to life anymore so make a good research before investing.

Topic: TRON is bad coin, here is why - page 4. (Read 2293 times)