Is TRON (TRX) a scam?? Lets look at the facts.

in #tron7 years ago (edited)

Watch my video discussing the facts we do know for certain:

Why are some people speculating that Tron may be a SCAM?

Allegations have surfaced​ indicating that the CEO of Tron Justin Sun may have dumped a large amount of pre-mined coins onto the market when it has been previously made clear that this would not happen. After investigating these claims I find the evidence inconclusive.

The Tron Whitepaper is said to be mostly plagiarised​, and unfortunately​ this is absolutely​ true. Make sure you watch my video for more details on the subject and to get a better picture of​ what's going on.

The bottom line is that Tron has some great developers who are volunteering to bring Trons very ambitious projects to fruition. So far they have been able to deliver Crypto-Dogs. No one is debating that, however, it's the upper management ​and CEO's intentions that I question.

What do you think?

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Through the process of the translation of the whitepaper, some similarities occurred. This was discussed in a report.

On another note, I have an issue that I think is worthwhile mentioning here..

When your voting for bots, you'll have a better chance at securing a good roi if you're spreading bids across a range of bots. I've noticed that you're placing large bids against some bots. Many smaller bids will get you a bit more and won't look like you're muscling out all the minnows.

Eg. If a bot times out and only 10 people voted at 1 SBD and the total payout was 100 sbd, everyone just made an equal share of 10 sbd (1000%). If someone comes in and slaps down 20sbd just to take the lions share, they've significantly just reduced the overall gains of all of those that made a tiny bid.

In this situation, a tiny bid would have been more equitable and fair.

I think the only time massive bids should be condoned is when you're the FIRST bidder, then others can make an assessment as to whether their return will be good enough for them.

I just felt as though I needed to add this.

Regards,
Nick

Very good point. Thanks Nick!

No problems, Vin. Love your work and appreciate all your effort.

Take care,
Nick

Because of this:

Stripe holds a susbtantial amount of Stellar Lumens. Why should they support BTC when they have to promote Stellar stuff for own profit ;-)

Thanks , very helpful content. Keep posting such Nick.

The SCAM word is thrown around too loosely. Just because a team tries, and fails, does not make it a scam.

I guess only time will tell for sure.

I came here form ur youtube channel
I am gonna use the vincentb tag now onwards
hope i will get help from here and i m gonna do too
--letgrowtogether

Yea, I agree. If it smells like a rat it usually is! Hard to trust Chinese!
I still have a load of TRON....for now...you can always make money on hype!

TRON a very ambiguous project. How can we invest?.

TRON trading on many exchanges,. For instance you can do BTC/TRX or ETH/TRX on Binance.

Definitely its not a SCAM. But its over hyped with in short time.

TRON - a very dubious project. Got airdrop coins. Forgot about them. In January realised that we were holding some of them and sold for 20x. Unbelievable luck. We prefer strong fundamentals to invest in.