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Topic: TRON leaves Ethereum network! How this will affect prices of of both coins? - page 2. (Read 440 times)

member
Activity: 476
Merit: 17
Many people are more positive about coins than just Ethereum tokens, so I think this is a positive change in the TRON system, which can lead to a price increase. TRON is quite a promising coin, especially since it has a very strong community and it constantly develops its coin.
member
Activity: 350
Merit: 11
I regard this news as positive for TRON (TRX). I dont think that it will affect the price of the ethereum, but the price of the trone most likely will grow.
It's nice to see how coins develop, create their own blockchain.
jr. member
Activity: 126
Merit: 1
This won't affect ETH. TRX is in beta version. Hope there won't be any bug in the system. Transferring to TRX wallet is the most important issue.
newbie
Activity: 101
Merit: 0
I don't think it will have any effect. Tron's departure from Ethernet and the creation of his own blockchain is a test for Tron. If all goes well, it is a good start for Tron. For Ethereum, there are too many tokens based on ERC-20, and there are many new tokens. So I think this will not affect the price of ETH. ETH is like an adult and is highly respected. Tron EOS Qtum all left the Ethernet network, but before Ethernet, they are still too young and there is still a long way to go
newbie
Activity: 98
Merit: 0
The mainnet launch news will make the price of Tron increase most likely but after the release it is going to be a big dump as it always happen with the main net launch or fork news, no matter what project good or not, people always sell after the launch, as people say "buy the rumors sell the news", so for Tron holders the main net will be bad for the price in the short term but in the long term is going to be good. Tron being running his own blockchain will bring good things to the project which will be reflected in the price eventually.
member
Activity: 490
Merit: 10
Most likely that does not affect in any way with such an already dull market! But in fact time will tell! The market is very tired and should not react critically
member
Activity: 139
Merit: 10
Tron is not going to change it's price because of it, and nothing is going to happen to ethereum because tron is nothing compared to ethereum to be honest.
full member
Activity: 308
Merit: 101
I think it will not affect ethereum's price but it will make tron's price rise since it is a good thing for tron but ethereum is not a company so being in ethereum network is not necessarily bad.
legendary
Activity: 1085
Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
EOS and TRX chose to have their own blockchain, and they are the top competitors of ETH. They have shown in their social media what makes them good option than ETH. As far as I know, both coins are still a whitepaper, so basically it will not yet affect the price. But incase everything that they promise will happen, I think ETH will swing at lower price, I guess.
full member
Activity: 602
Merit: 101
I do not think that it can affect the price of ETH, but I think that at the price of TRX this will really be reflected, because very often when the project moves to its own blockchain it usually starts to go up.
newbie
Activity: 84
Merit: 0
Who else is leaving Ethereum network? We had Qtum last year, and then EOS followed by TRON.

Coin TRX has a very good 2018 development and this shows the independence of TRX coins that create their own network, to compete with ethereum and other coins.
jr. member
Activity: 168
Merit: 3
This transition is carried out, as the latest news indicates that the founder of TRON, Justin Sun, hopes to acquire BitTorrent, but this has not yet been confirmed. Nevertheless, it nevertheless seems obvious that TRON is actively planning for the future.

 TRON’s developers claim their internal tests have shown that the network is “400 times faster” than Ethereum’s.

Soon we will find out whether this is so
jr. member
Activity: 149
Merit: 2
Who else is leaving Ethereum network? We had Qtum last year, and then EOS followed by TRON.
hero member
Activity: 2268
Merit: 507
the situation is the same as with eos
And in fact nothing happened with ethereum, even ethereum has been getting more and more increase on its price. It doesn't matter because basically tron case is the same as eos.
It doesn't give any impact to the ethereum network nor the ethereum price. I should say many people in here don't even read the condition. Ether will stay as second largest platform.
newbie
Activity: 58
Merit: 0
the situation is the same as with eos
hero member
Activity: 1540
Merit: 500
Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

TRON (TRX) launched a beta version of its independent public blockchain at 12 am UTC, today May 31.
Tron is currently the tenth largest cryptocurrency by market capitalization.

The move to Tron’s MainNet – also dubbed Odyssey 2.0 – is part of a transition away from the Ethereum blockchain.
The full launch of the network’s Genesis block is set to take place on June 25, styled ‘Independence Day’ by the TRON foundation.

Token ‘migration’ will take place between June 21 and June 24, during which investors will be able to exchange their ERC-20 standard tokens on crypto exchanges for an equivalent number of TRX on the new blockchain.


How this will affect prices of TRON, ETH and Odyssey as well?





This may help increase the price although it shouldn't as market is not dependent on what blockchain it uses. It will not effect the price of ETH whatsoever as it won't get effected in any shape or form.
full member
Activity: 475
Merit: 100
The price of ethereum is not dependent on tron rather on bitcoin and it own blockchain and so cannot be affected if tron leaves it network. Trons might be affected because it needs to put more effort for people to believe more in it blockchain and as people and companies begin to use it, it will become more stable and efficient.
member
Activity: 532
Merit: 11
Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta Version of Own Blockchain

TRON (TRX) launched a beta version of its independent public blockchain at 12 am UTC, today May 31.
Tron is currently the tenth largest cryptocurrency by market capitalization.

The move to Tron’s MainNet – also dubbed Odyssey 2.0 – is part of a transition away from the Ethereum blockchain.
The full launch of the network’s Genesis block is set to take place on June 25, styled ‘Independence Day’ by the TRON foundation.

Token ‘migration’ will take place between June 21 and June 24, during which investors will be able to exchange their ERC-20 standard tokens on crypto exchanges for an equivalent number of TRX on the new blockchain.


How this will affect prices of TRON, ETH and Odyssey as well?






Maybe TRON transaction will be more smoothly. Because it has come out of Ethereum blockchain which is often pending its transaction.
and there is no bad effect on both coins.
member
Activity: 237
Merit: 43
It won´t have much effect on Ethereum TBH, Tron is just one of a million tokens and even it the cap is high, eth price is not based at all on the price of the underlying tokens.
newbie
Activity: 9
Merit: 0
We don't think it will affect the price of ETH in any way, but depending on its performance it will definitely affect the TRON price. We would advice you to avoid investing in it for now and wait a little bit for problems to arise and for the team to solve them. For now the best you can do is explore the market and the possible outcomes but don't make any rash decisions involving investment.
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