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Author Topic: Tron coin best.  (Read 28399 times)

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Re: Tron coin best.
« Reply #60 on: June 04, 2024, 10:45:39 AM »
Yes team of this coin are very inactive they are not working properly. Development process is very slow and week i think. Otherwise It's future was very colourful. Many people using tron network. Tron network is very first and gass/transection fees is very low. So i think if #DevelopmentTeam  of tron were active then it has chance to be best coin.

What makes Tron survive is USDT transactions, thanks to the low fees on the Tron blockchain. The #DevelopmentTeam  is not doing anything since there is no news that they are working on something new or improving the ecosystem, the new CEO is not being very visible or making statements either. As far as I know, there are currently no third parties working on dapps in the Tron ecosystem. The truth is that the future is quite uncertain for Tron



Tether's Weekly Transaction Volume on Tron Hits $110 Billion.
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Re: Tron coin best.
« Reply #60 on: June 04, 2024, 10:45:39 AM »

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Re: Tron coin best.
« Reply #61 on: July 13, 2024, 10:45:08 AM »
Will Justin Sun save the market?

He had previously offered to buy back over $2.8 billion worth of all BTC from the German government. Germany did not respond to this offer and continued to sell the coin. They were left with about 5,800 BTC of the 50,000 BTC they owned.

He also opened a $420 million BTC long with an average price of $67,000 per coin. (One can only wish for the health of his position.)

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Re: Tron coin best.
« Reply #62 on: July 16, 2024, 09:09:08 PM »
Will Justin Sun save the market?

If we look back at the things Justin Sun has done since appearing on the cryptocurrency scene in 2017 (although at the end of 2013 Sun joined Ripple Labs as adviser and chief representative, although it was not well known in the crypto industry until 2017), we will quickly realize that the only thing Justin Sun has saved since then has been himself.

Tron was a great idea, a chain capable of overshadowing Ethereum with very cheap or free fees and really fast transactions, it was something that sounded very good, unfortunately today Tron seems that not only has it not taken off, but that their thrusters will never ignite.

I am not going to say anything about BTT (BitTorrent), since it seems to me that its usefulness is very limited to the BitTorrent ecosystem.

USDD seems like too risky an idea to me, you just have to remember what happened with UST(TerraUSD).

Will Justin Sun save the market?. LOL no...
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Re: Tron coin best.
« Reply #63 on: July 21, 2024, 12:00:59 PM »
Justin Sun wants to bring meme tokens into the Tron ecosystem. He named them as one of the priority areas, along with payment steblicoins and team expansion, that he wants to focus on in the near future.

P.S.Does anyone else still believe this man? I think he has built his career on one lie. Everything where he has had a hand in is a scam. I do not believe him + try not to participate in the project where he is. For me personally, this is a red flag.  8)

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Re: Tron coin best.
« Reply #64 on: July 21, 2024, 08:20:59 PM »
Justin Sun wants to bring meme tokens into the Tron ecosystem. He named them as one of the priority areas, along with payment steblicoins and team expansion, that he wants to focus on in the near future.

P.S.Does anyone else still believe this man? I think he has built his career on one lie. Everything where he has had a hand in is a scam. I do not believe him + try not to participate in the project where he is. For me personally, this is a red flag.  8)


I think the only thing Justin Sun is doing with statements like that is making people believe that Tron development continues without interruptions or problems, but if you've ever read any of my posts about Tron, you know I don't believe a single word. Investors have been waiting for news (and new developments) for a long time and that's something Sun knows.We just have to wait a certain period of time until nothing happens, or miraculously, what Sun says is true, but I highly doubt it.
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Re: Tron coin best.
« Reply #65 on: October 02, 2024, 11:11:31 PM »
The Tron network is a very exclusive one, a Blockchain based on smart contract functionality providing low gas fee for users to make fast and reliable transfer of funds either between exchanges or wallet.
To my little knowledge Tron was under the Ethereum network until it established and moved to its own Blockchain network in 2018, I believe it is the cheapest network to make withdrawal for Crypto assets compared to Bep20 and ERC20.
It's major uniqueness is it's cheap gas fee, allowing users wanting to make deposit or withdrawal through their network in order to save cost and also boosting buying and selling ability of their token TRX..
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Re: Tron coin best.
« Reply #66 on: October 03, 2024, 09:44:21 PM »
The Tron network is a very exclusive one, a Blockchain based on smart contract functionality providing low gas fee for users to make fast and reliable transfer of funds either between exchanges or wallet.
To my little knowledge Tron was under the Ethereum network until it established and moved to its own Blockchain network in 2018, I believe it is the cheapest network to make withdrawal for Crypto assets compared to Bep20 and ERC20.
It's major uniqueness is it's cheap gas fee, allowing users wanting to make deposit or withdrawal through their network in order to save cost and also boosting buying and selling ability of their token TRX..
I also still often use the TRON network for transactions and currently I am still holding TRON and hoping this coin shows good movement in the market. although many people are starting to leave TRON, but I am sure the price of TRON will increase next year.

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Re: Tron coin best.
« Reply #66 on: October 03, 2024, 09:44:21 PM »


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Re: Tron coin best.
« Reply #67 on: October 04, 2024, 08:34:05 AM »
-
It's major uniqueness is it's cheap gas fee, allowing users wanting to make deposit or withdrawal through their network in order to save cost and also boosting buying and selling ability of their token TRX..
I also still often use the TRON network for transactions and currently I am still holding TRON and hoping this coin shows good movement in the market. although many people are starting to leave TRON, but I am sure the price of TRON will increase next year.
Many talk that Tron is used to withdraw assets from various markets and they say that the fee is the cheapest than other coins. But after I checked into the Binance Market (I checked it in Binance because of the being introduced) it turns out that the cheap transaction fees have already existed from Polygon and Binance Smart Choin (BNB).
According to research on this transaction disease, this transaction is a bit expensive than polygons and BSC, but this is according to disease and definitely for those who say the cheaper tron ​​is fine.
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Re: Tron coin best.
« Reply #68 on: October 06, 2024, 08:08:11 PM »
I also still often use the TRON network for transactions and currently I am still holding TRON and hoping this coin shows good movement in the market. although many people are starting to leave TRON, but I am sure the price of TRON will increase next year.

Adding new features and burning a considerable amount of coins would be a good start for Tron to increase its value next year or even sooner. What I just said shouldn't be a problem for the #DevelopmentTeam , as long as they had things clear, unfortunately it seems that's not the case and I don't know what they spend their time on. From the latest news that we can read, they are focused solely on the USDD. For those who may think that USDD is a new feature from the ones I mentioned before, I don't think it is, I think USDD is simply another way to attract capital from other directions.
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Re: Tron coin best.
« Reply #69 on: November 01, 2024, 07:28:07 PM »
I also still often use the TRON network for transactions and currently I am still holding TRON and hoping this coin shows good movement in the market. although many people are starting to leave TRON, but I am sure the price of TRON will increase next year.
Adding new features and burning a considerable amount of coins would be a good start for Tron to increase its value next year or even sooner.
~snip~
As far as I know, Burning coins is burning or sending coins to a Dead wallet so that the coins cannot be sent or sold. With this method there are pros and cons.

- Can reduce Dev's profit as a coin creator because some coins are burned.
- Marketcap will be small because the burned coins are dead coins (not included in the marketcap).

+ price increases
+ supply becomes small
+ investor confidence increases

I also agree for Justin Sun to burn his Tron coins, at least 20% of the total supply of Tron coins. ;D
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Re: Tron coin best.
« Reply #70 on: November 01, 2024, 08:00:02 PM »
As far as I know, Burning coins is burning or sending coins to a Dead wallet so that the coins cannot be sent or sold. With this method there are pros and cons.

- Can reduce Dev's profit as a coin creator because some coins are burned.
- Marketcap will be small because the burned coins are dead coins (not included in the marketcap).

+ price increases
+ supply becomes small
+ investor confidence increases

I also agree for Justin Sun to burn his Tron coins, at least 20% of the total supply of Tron coins. ;D

I do not agree with the two negative points that you include in your post, these are the reasons:

It would not reduce the developers' profits at all since by burning coins and reducing the total supply, the remaining coins would increase in value, also burning 20% ​​of the total as you say, many millions of coins would still be available.

The market capitalization would also not decrease for the same reason I explained in my previous point. The rest of the currencies that would continue in circulation would maintain the market capitalization at the same level and even at a higher level.
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Re: Tron coin best.
« Reply #71 on: November 02, 2024, 06:14:55 AM »
As far as I know, Burning coins is burning or sending coins to a Dead wallet so that the coins cannot be sent or sold. With this method there are pros and cons.

- Can reduce Dev's profit as a coin creator because some coins are burned.
- Marketcap will be small because the burned coins are dead coins (not included in the marketcap).

+ price increases
+ supply becomes small
+ investor confidence increases

I also agree for Justin Sun to burn his Tron coins, at least 20% of the total supply of Tron coins. ;D

I do not agree with the two negative points that you include in your post, these are the reasons:

It would not reduce the developers' profits at all since by burning coins and reducing the total supply, the remaining coins would increase in value, also burning 20% ​​of the total as you say, many millions of coins would still be available.
Are these burned coins special coins provided since the beginning of the ICO to be prepared for burning? Or are these burned coins coins allocated for Dev but after some time the coins were burned by Dev?

The market capitalization would also not decrease for the same reason I explained in my previous point. The rest of the currencies that would continue in circulation would maintain the market capitalization at the same level and even at a higher level.
https://coinmarketcap.com/currencies/bnb/


If the total supply of BNB is 144.1M coins, then 1 million are burned to become 143.1 M BNB coins, mathematically there is a reduction in coins worth 1 million BNB coins and of course the marketcap also decreases because of the loss of USD marketcap for BNB worth 1 million coins.
There I saw the BNB market cap worth 82.71 billion USD, let's just calculate briefly by burning 1 million coins, reducing the market cap to 72 billion USD, Isn't that right?

Or if the 1 million BNB coins burned are still counted in Coinmarketcap website to be included in the total marketcap?
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Re: Tron coin best.
« Reply #72 on: November 03, 2024, 11:44:22 AM »
~snip~
Are these burned coins special coins provided since the beginning of the ICO to be prepared for burning? Or are these burned coins coins allocated for Dev but after some time the coins were burned by Dev?

The coins that are burned are in the circulating supply of a blockchain network, any user can burn coins by sending them to a specific address of the blockchain with which they work.

By burning coins and reducing the total supply, deflation is created, which increases the price. And the last thing is the most important, deflation, as there are fewer coins, the rest of the coins available are worth more, regardless of who the holder is.
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