Tron Is Destined To Take Over The World In Less Than A Week!

The phrase taking over the world means that an individual or a group of individuals want to orchestrate world domination. This is a bit of a negative annotation because most of the times, it involves the use of some type of force: something we doubt the Tron (TRX) Foundation will be using on the 25th of June.


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Their weapon of choice during the Tron Independence day will be a fully functional Tron MainNet that is the epitome of blockchain technology. This platform is sure to edge out the already existing ones such as Ether’s platform.

This is how Tron will take over the world of technology as we know it. Its platform will be the choice platform for developers of Decentralized Applications because Justin Sun and the Tron Foundation are making sure it is a solid platform. The platform will be able to achieve as much as 2,000 transactions per second with little to no fees when transacting on the MainNet, making it the preferred option for many users and DApp creators. Tron users can initiate up to 25 transactions a day for free. Creating a new account requires coin burn of only 0.1TRX, and transfers cost 0.001TRX.


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How will Tron achieve further domination?

To begin with, the current bug bounty program with an upper cap of $10 Million will guarantee the best of the best in the form of ethical hackers and institutional cybersecurity firms. One needs to only refer to the current issues facing the EOS MainNet to understand why a higher bounty will motivate the best to find the most hidden of bugs in the MainNet. Tron will be able to bypass any delay hurdles brought about by software bugs.

A second way Tron will take over the world of blockchain technology is through its vast community of followers and believers of Justin Sun. The twitter followers of Justin keep growing by the day and the number currently stands at 515,000. The Tron website indicates that there are currently 1.22 Million TRX HODLers furthering the claim that the community is one of the largest in the crypto-space, if not already the largest by individual numbers.

A third way that Tron will take over the world, is through the current momentum the project has. One needs only browse the numerous crypto news websites, to realize how much Tron news and updates are constantly covered. Another way would be to log in to Twitter and browse the numerous Tron related hashtags for comments.

It is therefore with the about few points, that Tron (TRX) is indeed headed towards World Domination in a technological way. What remains to be seen, is if all the developments and a functioning product will, in turn, cause the new coin of TRX to skyrocket to the stratosphere in terms of value.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: MaxPositives
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Armed crypto robbers steal Bitcoin worth $1 million

As reported by The Atlanta Journal-Constitution, in Forsyth County this week, five men were charged for allegedly scheming to steal Bitcoin from a local resident.


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According to recent reports, the five tried to steal Bitcoin which amounted to nearly $1 million. These men were each accused on charges of conspiracy to commit burglary and conspiracy to commit robbery by force, both felonies.

Trivette Lane Adams, Matthew Schwartz, Robert Jacob South, Justin Eric Ellison, and Michael Anthony McDermott are the names. This case supposedly began when the Forsyth County Sheriff’s Office got a report about people coming from out of state to possibly commit a Bitcoin felony, Atlanta Constitution deputies said.


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Adams, age 20 from Texas and McDermott, age 18 from California were arrested near Hartsfield-Jackson International Airport trying to flee the state, as per the deputies. Jacob South, age 21 from Norcross and Schwartz, age 18 from California were soon captured in Chicago, as per what the deputies said. Adams, Schwartz, South, and McDermott were arrested by deputies in a Forsyth County hotel, allegedly in possession of zip ties, duct tape, bandanas and latex gloves, in late January. They were released as the felony could not be proved.

However, the sheriff’s office continued to investigate the men and later deputies connected them to the planned robbery report they had received. Deputies also were successful in identifying Ellison of Illinois and he was also arrested.

This is not the first time that small-scale robbers have tried to steal cryptocurrency, there have been reports of similar events from around the world. Some of the noted ones are:

**In the UK, a cryptocurrency trader was robbed by four masked men at gunpoint and ordered him to transfer all of his Bitcoins to them.
**In Manhattan, the district attorney had charged a man with robbery and kidnapping after he swiped a digital wallet containing a fortune in Ethereum cryptocurrency. The victim in this was held at gunpoint.



Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Ranjitha Shastry
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Sell-Off Over? Bitcoin’s RSI Just Hit Its Lowest Level Since 2016!

Signs are beginning to emerge that bitcoin’s sell-off today may be overextended.


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After hitting a 70-day low of $6,133 on CoinDesk’s Bitcoin Price Index (BPI), bitcoin’s relative strength index (RSI) hit a level (26.4) last seen in August of 2016, according to data from the Bitfinex exchange.

The relative strength index, or RSI, is used for identifying overbought and oversold conditions of an asset by “comparing the magnitude of recent gains and losses over a specified time period to measure speed and change of price.”
When such levels are hit, the indicator suggests price action is approaching a level below the asset’s true value, where a price bounce tends to occur.

BTC/USD rarely hits oversold levels (<30) in the daily time frame, but when it does, price has historically performed well for the bulls. February 6th was the last time RSI levels were below 30, and at that time, prices rallied from $6,000 to $11,788 in just two weeks, resulting in a ~96 percent gain. Prior to that, on August 14th, 2016, BTC registered an RSI level just above 26 when the price showed $563 on Bitfinex. Even through today, the price of bitcoin has not gone below $563 and current levels represent a ~980% price increase.

But while the oversold indicators tend to signal downtrend exhaustion, bulls might want to still proceed with caution before celebrating as bitcoin’s daily RSI has reached lower levels.
According to Bitfinex data, the lowest level recorded since 2013 was 16.1 on August 18th, 2015.



Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Pete Rizzo
Image Credits: Shutterstock


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