Topic: Will Justin Sun dump 33 billion TRX on New Year's Day? - page 3. (Read 725 times)
I'm a TRX holder and would wanna dumped this bag of mine if the tokens are going to be unlocked. With 33B TRX dumped, its not going to have a better price in more than 5 years. Of all shits coming out of Suns mouth, its without having a plan of this 33B TRX that is the shittiest of all. Holders going to be fucked sixways to sunday so dumped now before its price sinks to the bottom to 1 satoshi.
if Justin Sun really starts to do this, it could lead to a serious drop in the price of TRX. Now everyone expects that the price of bitcoin will go down, and if this will be at the same time with an increase in the number of TRX in circulation, then the price can drop very deep. Therefore, I recommend everyone to place purchase orders at the level of 120-130 Satoshi. maybe lower. Who knows 
Not only that, it might be the end of it, we are in the bear market and if he really does this we should expect the worse of it. But I don't think that Justin Sun will do something like this to destroy the good image of TRX, all their hard work will be put to waste. 
I doubt it very much. Justin Sun is very sensitive and careful about his offspring. It will rather provoke a fictitious growth of the coin through the news background than vice versa.
Especially considering the fact that he had been annoying until 2020 to bring the coin to top 5. There was very little time left for this.
Especially considering the fact that he had been annoying until 2020 to bring the coin to top 5. There was very little time left for this.
As for me, I am not a holder of Tron tokens, but this event might have a big influence on the TRX price. It might be a good idea to take a short position with some leverage to try to make profit on it.
if Justin Sun really starts to do this, it could lead to a serious drop in the price of TRX. Now everyone expects that the price of bitcoin will go down, and if this will be at the same time with an increase in the number of TRX in circulation, then the price can drop very deep. Therefore, I recommend everyone to place purchase orders at the level of 120-130 Satoshi. maybe lower. Who knows
It would be insane from them to dump all at once and for nothing! I think they are more reasonable than that! Tron is doing good with all their DApp's created this year, and why would they ruin the entire system with dumping that huge amount of coins?
Anyway, this is a piece of new information for me, I didn't know about these coins locked after migration. We should monitor the situation and what Justin plans to say after they unlock those coins.
Anyway, this is a piece of new information for me, I didn't know about these coins locked after migration. We should monitor the situation and what Justin plans to say after they unlock those coins.
surely they already have a plan, it is impossible without thinking about the bad effects. in my opinion, there will not be a massive dump even if it happens it will definitely have an amazing effect (I'm not sure this will happen), justin sun must have a plan.
advice for investors, be careful of the worst possibilities, I myself also have trx but not much.
advice for investors, be careful of the worst possibilities, I myself also have trx but not much.
That's a huge amount and is likely to generate a stir in the market to cause people to panic sell. To be honest if they really don't have any idea or developmental growth upon which they want to spend such a huge amount then it would be best to keep it locked. TRON has never been my favourite altcoin to hold especially not in this bear market season so it doesn't really affect me much. I hope Justin really updates his community about this issue as soon as possible.
So far I don't think he will destroy the reputation of TRX since if he do that most provably the old and big supporters will gone and he will lose more money for that since imagine if he keeps the project on the good track he can possibly earn more rather than giving some shit right now, maybe he will dump but for sure just for personal or business expense.
therefore the CEO of Tron will not be able to raise the price of TRX, at least he should be able to trigger investors and traders to buy tron so that many will buy tron and will make the price of tron go up, I think only that way to be able to raise the price of the tron safely.
I don't think there is an overreaction from the TRX holders and they also know that unlocked tokens will not be dumped without any purpose for development or tron needs themselves, but this was recently one of Tron Twitter accounts that made a poll.
Look here, Poll regarding 33b #TRX unlock
Look here, Poll regarding 33b #TRX unlock
So far I don't think he will destroy the reputation of TRX since if he do that most provably the old and big supporters will gone and he will lose more money for that since imagine if he keeps the project on the good track he can possibly earn more rather than giving some shit right now, maybe he will dump but for sure just for personal or business expense.
Well, what if all these TRX numbers were sold after unlocking? I think the price of TRX will fall to the abyss and never recover. But for an intelligent person like Justin Sun, I believe this will never happen, he will make the development project and the price of the token will go up before he intends to dump price, It is not wise to start dumping everything at such a low price
That would be amazing! Who else will continue with dumping its own coin? Vitalik, Wilcke and Justin Sun. My next tip is Charles Hoskinson. What is yours? 
It's business. No one knows what this person thinks about how he will manage to maximize his profits if he see opportunities then expect this might happen. But I doubt he will do that in a quicker ways instead he will try to observe and make his decision final when he's convinced doing so.
I think that's too much. for tokens such as tron, they shouldn't need to open that much, open a small amount first because the most important thing is the liquidity of the token so that you can get high volumes. after that, the supply can be added later.
He is not mad person to just dump trx with this incredible amount. In my opinion, they will just hodl majority of this
as the article said, they want to increase the total coin in circulation. that means they want to increase the liquidity, if it is true this also means there will be another exchange coming up in the near future. I do not think justin will dump the market after painstakingly shill his project to increase the value of the coin.
i think he will not dump his token because 33B TRX currently worth more than 400M$ which can make a huge impact on the price of trx.
And if he did that i think many users will be disappointed with this decision
And if he did that i think many users will be disappointed with this decision
There must be a plan for that. I just confused it could be good moment to hold ot not. at other side, Justin like control our money 
After going through the beincrypto source link attached, i saw a postulation that the 33B TRX to be released might be used to boost Poloniex exchange which was recently acquired by Justin Sun. There is some sense in that speculation but no proven evidence yet. However, I think we should just wait and get official info from TRON foundation with regards the unlocking of the coins and reason for unlocking that huge amount (if and only if it will happen).
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