I have no idea for what effect it has on TRON.
However, for ETH, I don't think it will have an effect. It's just TRX leaving the Ethereum Network.
Topic: TRON leaves Ethereum network! How this will affect prices of of both coins? - page 3. (Read 395 times)
June 04, 2018, 07:32:43 AM
June 04, 2018, 07:32:00 AM
Well, its a good start for TRON for leaving the Ethereum network.
The price will depend on the progress of their new blockchain. If the blockchain has a lot of problems, then I think the price will go down.
The price will depend on the progress of their new blockchain. If the blockchain has a lot of problems, then I think the price will go down.
June 04, 2018, 07:29:44 AM
TRON provides users with a completely free and reliable platform for the publication, storage and distribution of photos, audio, video and other data. The platform has open source code and uses the Ethereum network block.
What is the meaning of your post?
I don't see why TRON leaving Ethereum will do anything to the price at all.
TRON is a token which people buy with ETH, BTC or USDT - that's all, regardless of it being an ETH token or not.
EOS is leaving aswell, and will do nothing by itself -
but, due to the EOS team having lots of ETH to dump from the ICO, so that will drive the price down.
Tokens doesn't add value to the network itself apart from having to be transferred between wallets.
If all tokens were to leave for a better platform however, that's another question!
Generally you can consider the term 'priced in', when news are released people are already invested for upcoming releases, so it might just dump!
1) TRON transactions are ERC20 transactions, and you probably know that transaction fee - is ETH miners salary;
2) it's not about trading pairs on exchanges, but probably about millions of new TRX wallets which will appear on all exchanges that support TRON;
3) And of course tokens add value to the blockchain network:
- first of all with vast amount of new transactions;
- the second - trading much more actively with the blockchain pair;
just watch hundreds of ICO ERC20 tokens on exchanges, and see which pairs are more active BTC or ETH
4) In my opinion EOS is a shady project, so let's discuss it in another thread...
1) Indeed, but TRON token transfers are only between people which in the network as a whole is of very small volume compared with the rest of stuff going on I think.
2) with the pairs I only ment that people are just buying tron just as any of the other hundres/thousands of tokens, they're not used for much other than sitting in wallets.
I think you're missing my point, what I'm saying is kinda what you are saying in 3) except that it's not a 'vast amount' of new transactions, since the network is already used for so many transactions that it doesn't make much difference, because TRON is just sitting in people's wallet, or send to trade on an exchange, it's not used in contracts etc
Not sure how many TRON transactions happen daily.
Since TRON token was created 2.5M token transfers happened through its contract.
https://etherscan.io/token/0xf230b790e05390fc8295f4d3f60332c93bed42e2
June 02, 2018, 03:41:02 PM
ETH is a big monster that depends only on BTC and itself (ETH own project and command), but it not depends on Tron. And Tron is still waiting. But I'm sure that it will be x2 until the autumn.
June 01, 2018, 02:17:20 PM
TRON provides users with a completely free and reliable platform for the publication, storage and distribution of photos, audio, video and other data. The platform has open source code and uses the Ethereum network block.
What is the meaning of your post?
I don't see why TRON leaving Ethereum will do anything to the price at all.
TRON is a token which people buy with ETH, BTC or USDT - that's all, regardless of it being an ETH token or not.
EOS is leaving aswell, and will do nothing by itself -
but, due to the EOS team having lots of ETH to dump from the ICO, so that will drive the price down.
Tokens doesn't add value to the network itself apart from having to be transferred between wallets.
If all tokens were to leave for a better platform however, that's another question!
Generally you can consider the term 'priced in', when news are released people are already invested for upcoming releases, so it might just dump!
1) TRON transactions are ERC20 transactions, and you probably know that transaction fee - is ETH miners salary;
2) it's not about trading pairs on exchanges, but probably about millions of new TRX wallets which will appear on all exchanges that support TRON;
3) And of course tokens add value to the blockchain network:
- first of all with vast amount of new transactions;
- the second - trading much more actively with the blockchain pair;
just watch hundreds of ICO ERC20 tokens on exchanges, and see which pairs are more active BTC or ETH
4) In my opinion EOS is a shady project, so let's discuss it in another thread...
1) Indeed, but TRON token transfers are only between people which in the network as a whole is of very small volume compared with the rest of stuff going on I think.
2) with the pairs I only ment that people are just buying tron just as any of the other hundres/thousands of tokens, they're not used for much other than sitting in wallets.
I think you're missing my point, what I'm saying is kinda what you are saying in 3) except that it's not a 'vast amount' of new transactions, since the network is already used for so many transactions that it doesn't make much difference, because TRON is just sitting in people's wallet, or send to trade on an exchange, it's not used in contracts etc
June 01, 2018, 01:35:29 PM
I think this has nothing to do with eth so it will not effect eth, while trx price can be effected if there are bugs or any other discrepencies in tron mainnet, also do remember that like tron eos that is a huge altcoin is also moving from eth to its own blockchain, i think eth will stay strong and grow overtime.
June 01, 2018, 01:33:22 PM
TRON provides users with a completely free and reliable platform for the publication, storage and distribution of photos, audio, video and other data. The platform has open source code and uses the Ethereum network block.
What is the meaning of your post?
I don't see why TRON leaving Ethereum will do anything to the price at all.
TRON is a token which people buy with ETH, BTC or USDT - that's all, regardless of it being an ETH token or not.
EOS is leaving aswell, and will do nothing by itself -
but, due to the EOS team having lots of ETH to dump from the ICO, so that will drive the price down.
Tokens doesn't add value to the network itself apart from having to be transferred between wallets.
If all tokens were to leave for a better platform however, that's another question!
Generally you can consider the term 'priced in', when news are released people are already invested for upcoming releases, so it might just dump!
1) TRON transactions are ERC20 transactions, and you probably know that transaction fee - is ETH miners salary;
2) it's not about trading pairs on exchanges, but probably about millions of new TRX wallets which will appear on all exchanges that support TRON;
3) And of course tokens add value to the blockchain network:
- first of all with vast amount of new transactions;
- the second - trading much more actively with the blockchain pair;
just watch hundreds of ICO ERC20 tokens on exchanges, and see which pairs are more active BTC or ETH
4) In my opinion EOS is a shady project, so let's discuss it in another thread...
May 31, 2018, 07:21:05 PM
TRON provides users with a completely free and reliable platform for the publication, storage and distribution of photos, audio, video and other data. The platform has open source code and uses the Ethereum network block.
What is the meaning of your post?
I don't see why TRON leaving Ethereum will do anything to the price at all.
TRON is a token which people buy with ETH, BTC or USDT - that's all, regardless of it being an ETH token or not.
EOS is leaving aswell, and will do nothing by itself -
but, due to the EOS team having lots of ETH to dump from the ICO, so that will drive the price down.
Tokens doesn't add value to the network itself apart from having to be transferred between wallets.
If all tokens were to leave for a better platform however, that's another question!
Generally you can consider the term 'priced in', when news are released people are already invested for upcoming releases, so it might just dump!
May 31, 2018, 05:04:09 PM
TRON provides users with a completely free and reliable platform for the publication, storage and distribution of photos, audio, video and other data. The platform has open source code and uses the Ethereum network block.
May 31, 2018, 04:14:59 PM
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?
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?
Jump to: