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RE: TRON UPDATES RECAP! Going Through Tron Labs Medium Posts!
I wish I had sold in the run up...I don't think I can ever trust something that goes up 10x then down to 2x, all in under a week. That's pump and dump....there should have been buyers stepping in WTF? no support. more disturbing is that it crashed hard and then also has been going down with the rest of the market as if the crash didn't matter.
Yeah it was a pretty wild explosion, a lot caused by FOMO for sure. The dump came from a live video stream Justin Sun hosted. IMO, a lot of investors got the idea that Justin was going to announce a partnership on the live stream, but he did state the announcement would come the following week. People didn't get the announcement and bailed. You also had the crowd who quite shockingly didn't like how he presented himself. Broken English and it looked like he was in a hotel cafeteria. Another thing you have is the whitepaper fiasco.
But at the end of the day, look at the team and the continued partnerships. When these partners actually look at the product before deciding to partner, then you know TRON has some real value.
Here in the netherlands everyone lost their interest in tron and think it is a scam. I think it is just bad understood since it is chinese and partnering with chinese companies we don´t know. But well I will just HODL for the long term
Yeah it's crazy to think people view TRON as a scam. If you read my background post on Justin Sun and his connections, it's hard to then view TRON as a scam. It's in the early early early stages right now, but as these partnerships continue to happen, people will understand this is a coin to keep an eye on.