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Is Tron (TRX) a Scam?

Discussion in 'Crypto Currency News' started by DavidCoins, Jan 7, 2018.

  1. DavidCoins

    DavidCoins Contributor

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    What do you guys think about Tron (TRX) for the long-term? A lot of people are saying it's a shitcoin because the white paper is weak, and that the ceo Justin Sun supposedly sold billions of his shares in the coin.

    It was exploding reaching record highs just recently, but the recent news has brought it back down to earth. Also, the volume is decreasing as well.

    So is this fud on part of people who want the price to go lower to buy in, or is it really a shitcoin? :confused:
     
  2. xyzzy

    xyzzy Master of None Staff Member Super Admin

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    I haven't done much research on Tron, only heard things about it in passing (like the news you've mentioned). Maybe one of our other members has more experience with it.
     
  3. Jake999

    Jake999 Beginner

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    Tron (TRX) is not a scam, but there were allot of fake news going on. Seems like few people actually hired someone to do the dirty job to create fud. I recommend reading this, someone is trying hard to manipulate people into selling, usually that are people with allot of money, so they can buy cheap cryptos. Not the first time that happened in cryptocurrencies . Read more : TRX: Seeing through the FUD, FOMO & to the Facts. (search on google for that article, can't link it)

    I totally recommend investing in TRON
     
  4. MAGA

    MAGA Master of Crypto Staff Member Super Admin

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    I won't say its a scam, but I will say its extremely overvalued in my eyes. Project has nothing and a 10 year roadmap, how in the world does that put it in top 10?
     
  5. CryptoRyuzaki

    CryptoRyuzaki Contributor

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    I guess it is because of its low unit price, people are investing in it and hoping that it would one day become like bit coin.
     
  6. JakeA

    JakeA Contributor

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    if it smells like a scam, it's likely a scam!!! where there's smoke there's fire esp with them plagiarizing their white paper Lol
     
  7. Shren Coastapps

    Shren Coastapps Contributor

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    I Think this type of news (scam coins) through the negative messages b/w the people because there are lots of news published for Bitcoin and other Altcoins also. So before investing in crypto, you should know all the things which is necessary for investors (as you or me).
     
  8. CryptoSkraps

    CryptoSkraps Contributor

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    For me it's not a scam but it's overvalued allot.
     

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