![]() The interest for the most part seems to be coming from the cryptocurrency world, which suggests that there aren’t many fundamentals for BTT to lean on. Torrenting forums make barely any mentions of the project and most experienced members of these communities will tell you that they love the Bittorent protocol, but at the same time despise the company behind it (due to a history of misguided and almost malicious behavior). Moreover, the torrenting scene, the one community that should be buzzing about this project, doesn’t seem to be interested in BTT at all. These people simply don’t have to care about their upload/download ratios and therefore don’t have an incentive to seed more.Īdditionally, TRON’s blockchain simply wouldn’t be able to handle the levels of throughput that come with a user base that BitTorrent has, around 100 million users. Most people who download torrents do so through publicly available swarms. The whole investment thesis for BTT is unconvincing. Will BTT be among those 5%?īTT token creators hope that the promise of financial rewards will make more people seed the torrents they download. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. “There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”Īs a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. Vitalik Buterin, co-founder of Ethereum said: BTT Price Prediction For The Next 90 Days: So, if you’re here to gloat and rub it in, hold your horses – the price soar is most likely just another pump and dump which will make a lot of money to the already rich whales and leave you in the dust with a bag of coins that are even less worth than before. Just the contrary, these projects are ideal ground for whale manipulations as they’re still perceived to have some value so a pump always builds the hope up of anguished holders that their darling project is finally going for the moon. It is worth noting that this doesn’t mean that this or any other similar project won’t see a short-lived pump or even several such events. The fact it still has the potential to draw in large number of dupable traders only serves as a reminder how greed beats reason 9 times out 10. This just goes to show that market is still inefficient in weeding out the worthless, shill & marketing projects, copycats and get-rich-quick schemers.īTT pretty much checks all the boxes of a bad project (incompetent team, weak conceptual design and poor technological implementation, pushed by scammers and spammers, exploiting noobies, simulating activity, bribing their way into exchanges and media). This leaves rookies with heavy bags of worthless tokens and even heavier bags of hopium that gets stirred by the project leaders and their proxies, tricking them into buying the dip and dumping even more tokens on them.īTT also had spurts of dizzying price action where it outpaced bitcoin and was among top gainers in the whole market. However, as soon as the bear market ensues, these types of projects are first to see capital flight into safer and bigger projects and stablecoins. For that reason, BTT and similar tokens do well in bull markets. Our BTT Token Price Prediction for 2021īTT is one of the projects that has high speculative value, meaning it quickly builds hype and attracts attention of unsophisticated newcomers into crypto space. ![]() The token has a total supply of 990,000,000,000 units which will be divisible into smaller increments for additional liquidity (although one wonders how much more liquidity you need when you have almost a trillion tokens).īTT’s main purpose is to incentivize BitTorrent protocol users to offer infrastructure services like file seeding and hosting in return for the token.Ĭan you earn bitcoins with automated trading? See the list of most profitable crypto bots here. This standard is “lower” than the TRC-20, which has built-in smart contract capabilities. The hype created by Justin Sun, BitTorrent and Binance putting their names behind the project ultimately led to the thing’s entire ICO selling out in just 15 minutes (earning $7.2 million in the process).īTT token is envisioned (and now already realized) as your average TRC-10 token, a TRON-based standard which allows BitTorrent users to offer their services in exchange for said tokens. It’s been a while since we saw a token possess the market in a way BTT did. Long-term BTT Price Prediction 2025 – 2030 – 2040. ![]() Essential tools you need to succeed in crypto.BTT Price Prediction For The Next 90 Days:.Our BTT Token Price Prediction for 2021. ![]()
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