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Tron (TRX): Why Should I Hold Tron?

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Every Tron (TRX) HODLer keeps asking the same question, why should I hold Tron? We believe HODLers should focus not on the present, but the future.

We are jumping the gun a bit and time traveling to the fourth quarter of the year. The reason for doing so is that when we dwell too much on the current happenings in the crypto markets, we will most likely lose our focus and forget to remember the main reason we believe in our favorite crypto projects such as Tron (TRX). Many of us believe that these projects are the future, so let us head there and postulate how things will be in the crypto verse with a fully functional Tron Mainnet. The latter platform would have integrated BitTorrent into its network by this time.

Pornhub Is A Golden Goose

From a realistic point of view, the adult film industry is loathed as well as loved by many. So, let us put on our business hats and forget our morals for a bit. The adult film industry is worth $97 Billion annually. Pornhub and Traffic Junky – both of whom accept TRX as a form of payment on their platforms – are the industry leaders when it comes to online content in this industry. They are the Amazon and Apple of Porn and Tron is tagging along seated in the passenger’s seat of a very bright future.

Pornhub currently has a service where amateur performers can upload their content and be paid according to how many views their videos get. With time, this content will be too massive to store on Pornhub’s IT servers and this is where Tron and BitTorrent come in.

BitTorrent

The exact method of how the Tron foundation plans on integrating the BitTorrent platform is somewhat vague to many. But Justin Sun stated the following after the acquisition of the peer-to-peer file sharing platform.

“The project is in collaboration with BitTorrent, and will extend the lifespan of their torrents’ swarms, offer rewards to peers who seed torrents, infuse resources into the torrent ecosystem, and establish financial rewards in return. The project will transform the way people share and consume content, helping to re-shape the industry for the better.”

The seeds, or machines with the partial files on BitTorrent, can also store the content from Pornhub that is in excess for their local servers to manage.  TRX will be the standard form of payment of incentivizing the peers to keep their machines connected so content on Pornhub can be accessed quickly.

There is also the likelihood of decentralizing the music industry. Imagine paying for the next Kanye West or Eminem track using TRX.

Decentralized Applications

The Tron project has entered the most crucial stage after the launch of the Tron Virtual Machine. This phase is the DApp phase where the network will truly be used for applications. This means that the over 10 Million users on Peiwo and other Tron-centric apps, will eventually be migrated onto the network. There is the other 150 Million active users of BitTorrent who will also play a part in all this according to Project Atlas.

In conclusion, the current decline of TRX in the crypto markets should not be a cause for alarm for the many HODLers out there. The current value of TRX at $0.0195 is gut-wrenching given all the updates and developments evident with the project in the short time period of 1 year since its ICO. But with the future is looking bright as described above. Q4 of 2018 and 2019 will be a good time period for TRX in the markets. The project is on course towards solving the real-life problem of decentralizing the web. This should answer the question “why should I hold Tron?”

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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