I've said many times in the past that most of the crypto market in driven by speculation. So if you've created a good brand image for yourself and your chain, keeping it that way sounds like a good idea to me. After all, when it comes to market sentiment, it can turn on a dime. And this applies to Justin Sun more so than most in this space. The TRON blockchain has it's fair share on detractors so Justin has always had a good story to sell, which has worked pretty well so far. Until now. That lunch meeting with Warren Buffet being the standout example.
Young, care-free and rich as hell! That would be a nice summery to describe Justin. His latest meeting with Warren which set him back a staggering $4.6m, was something everyone looked forward to. After all, the ancient dinosaur who called Bitcoin "delusional" and "rat poison squared", could eventually come round to a crypto mindset after discussions with Justin and starting championing it's cause. Wouldn't that have been something? But instead, the lunch as cancelled. Justin cited kidney stones as the reason, but the problem was the hype train was already in full effect and the FUD flooded in thick and fast.
Rumours came to light a little while after that there any have been other reasons for the lunch not taking place. Namely, his dealings in illegal gambling and hence being held in China because of the accusations! As you can expect, the TRON price dropped in tandem with the news. However, Justin then posted a video of himself supposedly in San Francisco saying it was all lies and everything is fine. It was actually nothing more than a health issue. Interesting, to say the least.
So now we have a possible reschedule of the lunch event but after his otherwise good reputation has being tarnished by this news. The story you sell to the media and masses is very important. Comparatively, the STEEM blockchain has also had t's fair share of damned news headlines and look what it did for the price! So treading very carefully is the order of the day when it comes to keeping your head above water with outlandish claims or exaggerated statistics.
I'm sure the media circus concerning Justin and the TRON blockchain will blow over soon enough, but this just looks like a time when you wanna be keeping your record as clean as possible for when the real "big" money flows in. Who you are and what you have to offer, will be a serious consideration. And it's quite likely that only a few coins will take the lion's share of that money. Again, it's the story that you sell. For now...
@ezzy