If you're looking for a pump-and-dump coin, TRX is a bad choice. It's far too early in its development. It would be like investing in Microsoft right after Bill Gates finished coding Windows, before he tried to sell it. You'd be buying hype, not product. Wait a year, then you can decide whether TRX is sketchy.
PS almost all of these coins are early in their development. Some would say Steemit is early in its development, too -- and it's a fully functional content platform!
Lol it's just a copy and paste job with a good marketing effort which a lot of investors actually think is more important than technology, personally I prefer having something unique and useful.
Gold and silver isn't real money. Real money has value outside of the physical realms or real money is what you want it to be. Silver and Gold, even their value is a given. 1000s of years ago, Gold and Silver were useless. There are non-physical things which are more valuable than physical
Physical reality started off as non-physical. For that reason, we have manipulation of time and space.
You do not even understand what money is, you are a user of money not a creator. The people who created the concept of money know well that even platinum or copper can be used as real money or anything which guarantees proof of exchange.
You have it backwards. There was no conspiracy to use gold as money over say...tree bark.
Money requires certain characteristics like durability, fungibility, portability, and scarcity, then other tertiary traits like malleability and stability of value.
It turns out there are VERY FEW materials on earth that actually function well as money to fit these characteristics. A small class of metals known as "the noble metals" fulfills these traits better than the other available options, of which gold and silver are a part of.
So why did gold make it to the top? Because the ecosystem we live in is mostly made of nitrogen, oxygen, and water, and gold does not react with any of these elements. This makes it excel at the 'durability' trait required of money because it's just about completely inert.
Silver doesn't react with any of those, but it can tarnish from random sulfer in the atmosphere. The tarnish doesn't really effect it's durability, but it's just not as inert as gold. However, gold is slightly too soft, so silver has an edge in durability in that regard, while also having infinitely more use cases in industry for better intrinsic value.
There's not really a winner take all among the noble metals since silver and gold both have their pros and cons. Platinum wasn't used much money-wise just because it's not very malleable. Then copper (which is SORT of a noble metal ) was added to the mix to try and increase granularity.
Silver is by far the most undervalued at the moment.
I got in TRX at 0.03. Watched it ride all the way up.......and allllll the way back down. UGH
I feel like a bag lady now. lol
I'm in other projects but TRX is around 50% of my portfolio.
I'd love for it to pump around the time of the so called coin burn so I can toss this bag and run!! I't won't be MY future @tradealert.
Learned a valuable lesson for sure. :)
Ho are you a bag lady? You have twice your investment. Whzt you'be learnt is "nothing". Do you understand that you are dealing with a very volatile market? How do you expect 1000% on a project which hasn't even taken off? Quick profits, greed much? Have you seen the performance of innovztive solid projects launched 1 year ago? Have you noticed their lucrative rewards?
It's not that I expected an instant gain...I guess I'm just frustrated that I didn't play it right. I could have taken some profits at the .20 price or so and tossed some into other projects I like.
I expected a correction after the hype but as it's sitting here doing nothing like most coins...I'm hesitant to do anything right now except wait for a small pump.
I have small positions in both...and probably should have went heavier with ETH. Maybe sitting tight and waiting for all of the inactivity and FUD to blow over is best? I got spoiled by the run ups in NOV-DEC. lol :)
If you're looking for a pump-and-dump coin, TRX is a bad choice. It's far too early in its development. It would be like investing in Microsoft right after Bill Gates finished coding Windows, before he tried to sell it. You'd be buying hype, not product. Wait a year, then you can decide whether TRX is sketchy.
PS almost all of these coins are early in their development. Some would say Steemit is early in its development, too -- and it's a fully functional content platform!
Lol it's just a copy and paste job with a good marketing effort which a lot of investors actually think is more important than technology, personally I prefer having something unique and useful.
Don't you GET IT, it's the FUTURE wink wink
Anyone that supports digital currency over physical money like silver and gold is the enemy of humanity:
https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-38-anyone-who-supports-digital-currency-over-silver-and-gold-is-the-enemy-of-humanity
There is a thin line between the two. You need some quantum knowledge.
What exactly is that supposed to mean? Are those rap music lyrics?
Gold and silver isn't real money. Real money has value outside of the physical realms or real money is what you want it to be. Silver and Gold, even their value is a given. 1000s of years ago, Gold and Silver were useless. There are non-physical things which are more valuable than physical
Physical reality started off as non-physical. For that reason, we have manipulation of time and space.
Sorry haven't read yur article by the way. ;-)
I'm out. I am not arguing with people who are stoned out of their minds typing stuff like:
"real money has value outside of the physical realms"
"Physical reality started off as non-physical. For that reason, we have manipulation of time and space."
Sure, it's not easy to grasp complex information such as this one. To make things simple, value is speculative.
Are you kidding me? What kind of backwards logic is this. Gold and silver are the definition of real money!
You do not even understand what money is, you are a user of money not a creator. The people who created the concept of money know well that even platinum or copper can be used as real money or anything which guarantees proof of exchange.
Money is a means of exchange. Nothing more.
You have it backwards. There was no conspiracy to use gold as money over say...tree bark.
Money requires certain characteristics like durability, fungibility, portability, and scarcity, then other tertiary traits like malleability and stability of value.
It turns out there are VERY FEW materials on earth that actually function well as money to fit these characteristics. A small class of metals known as "the noble metals" fulfills these traits better than the other available options, of which gold and silver are a part of.
So why did gold make it to the top? Because the ecosystem we live in is mostly made of nitrogen, oxygen, and water, and gold does not react with any of these elements. This makes it excel at the 'durability' trait required of money because it's just about completely inert.
Silver doesn't react with any of those, but it can tarnish from random sulfer in the atmosphere. The tarnish doesn't really effect it's durability, but it's just not as inert as gold. However, gold is slightly too soft, so silver has an edge in durability in that regard, while also having infinitely more use cases in industry for better intrinsic value.
There's not really a winner take all among the noble metals since silver and gold both have their pros and cons. Platinum wasn't used much money-wise just because it's not very malleable. Then copper (which is SORT of a noble metal ) was added to the mix to try and increase granularity.
Silver is by far the most undervalued at the moment.
Your comments are too ignorant to continue a conversation.
I got in TRX at 0.03. Watched it ride all the way up.......and allllll the way back down. UGH
I feel like a bag lady now. lol
I'm in other projects but TRX is around 50% of my portfolio.
I'd love for it to pump around the time of the so called coin burn so I can toss this bag and run!! I't won't be MY future @tradealert.
Learned a valuable lesson for sure. :)
Ho are you a bag lady? You have twice your investment. Whzt you'be learnt is "nothing". Do you understand that you are dealing with a very volatile market? How do you expect 1000% on a project which hasn't even taken off? Quick profits, greed much? Have you seen the performance of innovztive solid projects launched 1 year ago? Have you noticed their lucrative rewards?
It's not that I expected an instant gain...I guess I'm just frustrated that I didn't play it right. I could have taken some profits at the .20 price or so and tossed some into other projects I like.
I expected a correction after the hype but as it's sitting here doing nothing like most coins...I'm hesitant to do anything right now except wait for a small pump.
Hmm fair enough. I'd give Tron 3 months before selling off.
Seems to me like you're still in profit @tinylayla ;), why not hedging some of that into a bigger cap currency like ETH or Bitcoin?
I have small positions in both...and probably should have went heavier with ETH. Maybe sitting tight and waiting for all of the inactivity and FUD to blow over is best? I got spoiled by the run ups in NOV-DEC. lol :)
I appreciate your comments @viraldrome