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RE: Cryptocurrency Insight: What is TRON (TRX) and how to buy?
What's the main strenght about TRON in a market with thousends of coins and already very well stablished products?
What's the main strenght about TRON in a market with thousends of coins and already very well stablished products?
None of the cryptocurrency has any associated value. Cryptocurrency value is decided based on the relationship between supply and demand. So, it is of less importance to measure the real worth at any given moment. Its value can go up or down based on supply and demand. cryptocurrency value is based on faith and fear. Any good news in the market can increase the value while any bad news will decrease the value. Government regulations, new legal rules, country-based restrictions, etc are the very important aspects in increasing or decreasing the current market price of cryptocurrencies.
Also, there is one well-established Uber but it doesn't mean companies like Lyft will not come and survive in market. If people fear from introducing new innovations and new ideas then all big companies will have monopoly.
Therefore, in this sense, all cryptocurrency including TRON has same strength and loophole just as well established products like bitcoin. Let public decide if they are going to support it or not. Who was thinking Dogecoin will make such a success which was introduced as Bitcoin Joke. It's just the demand and supply and better marketing strategies.
Doge has a serious future, accepted by the online casino best in the world for 2017. year. So if, as a gym, they are serious predictions in the future. Screencap this.
Thanks for your comment. I agree Doge is doing well in market.