Tron's global mission and goal is to eliminate intermediaries beThe sloping white line keeps the growth trend, 4 touches are visible on the story.
18 days of growth is now perhaps the correction is close.
Below a little more about the project threw thoughts:
Tron's global mission and goal is to eliminate intermediaries between content producers and content consumers.
I’ll try to explain this in my own words on the example of Appstore, Google play, Youtube, platforms that essentially do nothing, just placing the content of producers on their resources for content consumers and not making decent amounts of money on it when the author himself, the producer of the same content receives only a miserable commission at the same time for his work.
The Tron project tells us - stop it! We will now develop a certain ecosystem in which the content owner (game developer, video blogger, etc.) will receive money for its consumption directly from the consumer of this content, in other words from the user, bypassing all the snickering and lazy intermediaries. In general, Tron will have video hosting and a social network where there is its own internal digital currency. That is, in their system, everything will be essentially decentralized, without a central owner, and each will be the owner of his content, he will profit from his content, and profit from distributed applications working on this content, social. networks, video games, author reward system and so on and so forth. Also, rewards will be paid for the manifestation of activities, likes, comments, reposts, etc.
The idea is cool in itself, and truly revolutionary. But, as always there is a fly in the ointment, this is the protocol itself, which essentially depersonalizes the content and is capable of violating all copyrights in the classical economy, making essentially the person who reposted the author of this content, which is not legally correct to say the least . It is precisely this inconsistency of the discrepancy between the project plan and the current legal law that is the main risk of this coin.
If the Tron team has successes, and they can still solve the main dilemma of this very legal discrepancy, then this project can grow at times and it’s nice to please all its investors.
Tron is definitely the project for which it makes sense to observe and track all the top news!
SUN
$TRX/BTC 1D: Close to the bottom? Justin Sun has some explaining to do...
Daily time frame, the orange line is resistance.
Potential bottoming out here shortly on TRX, I am watching the moving averages for a potential long entry but this chart does look like a bloodbath. If things start to turn around here a long entry under 200 would be ideal, with the first target of around 330. Not taking this position yet, mainly neutral here seeing how things play out in the lower part of this TRX chart.
How do you not like Justin Sun? Tron Up, Up, Up
The young man's resume is impressive and I for one and not betting against him. He says there's news coming. Given his pedigree, I'll be very disappointed if it's a significant announcement.
-Creator of Peiwo App
-Forbes 20 under 20,
-Forbes 30 under 30,
-One the the first students of Hupan University (Understudy of Jack Ma -owner of Alibaba and founder of Hupan University),
-Alibaba delevopers on team/board
-Ripple chief representative of Greater China
Source: www.forbes.com
Over the next to 1 1/2 -2 days I anticipate BINANCE:TRXBTC to continue to pull down into the green rectangle denoted on my chart.
With the rise in price of BTC , COINBASE:ETHBTC and COINBASE:LTCBTC , I anticipate many to keep money there.
This should help continue to pull BINANCE:TRXBTC down into the area denoted on the chart by the thumbs up.
I will be looking to add BINANCE:TRXBTC in this area and could be a great place to pick some up for a short trade.
This would be a good entry point for someone looking to get started with BINANCE:TRXBTC because of the strong resistance levels in this area.
1. Combine a reasonable entry point with a well publicized announcement this weekend of a NASDAQ listed company partnership and the possibility exists for a short and profitable trade with measured downside risk.
2. In the worst case scenario, the news is already priced in. You have to hold the coin at a good entry level until the money comes back from BTC , COINBASE:ETHBTC and COINBASE:LTCBTC .
I'm doing my best to reputation up, so if the idea rings true to you - hit up the like button ...
" A son of the sun " Bitcoin chart illustration" A son of the sun " Bitcoin chart illustration
I make this "Art chart" for everyone who is in a relationship and interesting BITCOIN!
My full respect the most powerful crypto in the world.
I just want to see BTC up & up in next years. More strong...
Thank you for comments guys (y)
Welcome everyone!
SCTY RIDDING ITS RESISTANCE LINENASDAQ:SCTY is running its resistance line at 27.36. While it does seem to be also following its channel. With both trends in mind I would say SCTY may fall tomorrow, but still follow its resistance line until August 1st. It may start to increase slightly and then fall.








