Bitcoin Forum

Let’s talk about Bittorrent Token.

Justin Sun has described it as “the token that will enable #blockchain mass adoption.” 

But how far can it go?

In this video discuss just a little bit of what bittorrent was before tron acquisition. I will focus more on what it means to have one of the most if the most decentralized peer-to-peer system on the blockchain, because essentially that’s what Bittorrent is. Before Tron, It was a decentralized system that had no blockchain.

Please watch and comment your feedback here especially if you are a bagholder. I'm not but I hold some  https://youtu.be/malpf0TiHm0

Let's talk $BTT

i know, bittorent is great for file shareing, but i dont think about tokens price in future.

i think Suport by Justin is great, and i think many people is weiting great movements from BTT, but i dont.
i am weiting only for Telegram coin. and nothing others. + tokens : WPP  + Medooza looks amazing.  all others isnot important for me.

It's shilling at it's finest. I know there are some good projects that has been underrated and didn't have the same attention that was given like BTT. But such hypes will most of those believers broke if they will stay on the boat for long.

BTT's currently trading in few exchange but most volume can be found on Binance. What's just good with this is that they have been advertised by CZ and Justin Sun but wishing all the HODLERS for BTT the best.

Compared to crypto-currencies, torrent users are maybe x100. This is really opens the road to mass adoption and I also plan to hold some BTT.
My concerns are the willing of those users to pay anything for a generally free service and this is where TRON need to some out with some great feature+marketing plan.

Bittorent token is another great project, because this handled by Bittorent company with huge name and using Tron Platform, when this platform are trusted, Bittorent/BTT is a great movement from a company which has many users throughout the world, and now many Exchanger are support this token

It is more of the brand name that will drive bittorrent forward as well as TRON. Everyone has heard of bittorrent but tron is not a mainstream name yet, Justin Sun is a good marketer and probably knew that acquiring BT will propel Tron into the top 10 and make it stay there

He was shilling for BTT and i will never try to take it seriously. Some people were saying that the BTT crowdsale only available for the big whales and a lot of people are creating so many complaints about that. There was no something special in BTT. Just consider it as my next PnD coin.

Justin would be one of thee biggest crypto scams…
make you're profits and get out off it before getting rekt..
the same with OCN

Just like Mcafee, shilling coins that they are the only who would benefit. It is good for some who bought at very low price but currently it will only play to 13-17 which is still good. Benefits of BTT? Can someone enlighten me about it.

But it was already bought off by whales. Even if they offer again we know that majority of the tokens are in the hands of a few individuals. Doesn't that concern you?

It really depends. Coins have their own usage, on Bittorent's case, the adaption still rely on how much population it could gather and use the platform. Same case with Ethereum, it uses smart contract's but why it is not yet adapted by a normal farmer? or a local member of the community? Because they cannot use it yet. Before Bittorent brag about "#blockchain mass adoption(I think this must be *adaption)" let's see how it could go prior it's launch and in the next 10 years, other words than that is purely shilling.

The bittorent https://www.coingecko.com/en/coins/bittorrent pump is now ongoing but how long before it dips, those who are even able to buy for ICO is already more than 5x their money

Yeah, Binance list is and now my guess is that other big exchnages will list BTT and hype will be even bigger.

I expect BTT price to go up to 0.00000050+ and then slowly get back to 0.00000015 - 0.00000020. But if people adopt the system to pay in BTT for priority traffic, it could goes as high as 0.000003+ and then it will be a real gold mine for everybody buying right now.

Bittorent was great before the Tron acquisition and the token model has been tried before and did not work out well, so the onus is one Tron team to make it work. I know most people here must have used Bittorent before and I will like their response to see if they want tokens inclusion in the ecosystem

BTT launched its ico from the beginning and it's not a big surprise to see that being listed on binance instantly. BTT has a fully worked product. I just a little dump will come and i have been putting my buy orders for this one.

Yeah, that's what I said on the previous thread about BTT.

It's been currently pumped so hard, more than 60% already and I'm sure people are slowly making lots of money with it.

I'm just more concern on the long term goal though, will people used BTT in the future and be one of the best investments in 2019 forward?

We will see it later. If BTT is good one than the other projects, then BTT can compete with them. But if it's not, then BTT will be abandoned, and it will be hard to rise again. Bittrex supports BTT, and they give BTT tokens. You can read more in here:
https://bittrex.zendesk.com/hc/en-us/articles/360022602232-Support-for-the-initial-and-monthly-BitTorrent-token-BTT-airdrops-to-TRON-TRX-holders

It could make many people want to buy TRX because they can get BTT airdrops by free, but I don't know and not sure.

Good for them who have bought during the ICO and it's wise for anyone who holds it to start selling it. This is just my opinion but to those believers of this coin it's all your decisions on how long you're going to hold it.

Whales are accumulating almost everything and the larger the pool of investors inside it will definitely make them richer even with smaller increase. It's about the quantity of their total tokens, so good luck to each of you that has this coin.

Tell me something, where the hell will the BTT token used? To "pay" for "pirated" downloads?

in other words they took an excellent technology that has been working perfectly fine without blockchain and was already quite decentralized and was the iconic example of a peer to peer network and they turned that into a milking machine which they ran an ICO and made millions. and did what? nothing apart from adding unnecessary complications to the previous well oiled machine. :P

^  The thing is, the users aren't really required to use BTT.  They can still use Bittorrent like they did before Tron started being involved.

I think Tron's plans for Bittorrent is for it to become something like a decentralized streaming platform with seeders being rewarded with BTT.  Whether that model works, I have no idea.  I guess we'll just have to see how it goes for them.

And those who would like to download will pay in BTT? But how you tell people, that torrents will be no more free? Tho whole idea of BTT is strange.

I am sure this BTT project can be making good money for early adopters and can be good for traders but as to its long-term prospect that remains to be seen. Actually there is nothing so very special about the project but the people who are supporting it. Well, the hypes can be real and they are all so effective in pushing the project to the top. This is proving that for a project to be getting enough funding, marketing with some hypes and big names attached to it can be the right way to go.

Look at its market people going crazy for BTT. Even in telegram I am seeing punp groups now getting in touch with it. I'll probably buy once it goes down to like 21-24sats and ai think thats a good entry.

Although it was back up by Tron platform or supported by Justin Sun but still i'm in doubt if the product of BTT is really feasible to the masses as BTT was commonly used in downloading and seeding mostly for free by the pirate people for which are mostly are not crypto users. Hopefully it can really attract more people to invest as only few people knows how the torrents and crypto currency will work.

Seeing the support given by Tron and Justin, of course, BTT will be better and have a future, all of this still requires good time and the opportunity is still there. BTT will use it well for the future.

for this Bittorrent situation you must be careful because altcoin like Bittorrent has a very high risk but you have to know for its development I really like it because nowadays there are so many people around the world who use torrents, to conclude when many products that use it will affect the price.

It'll always be free...  But if you want higher download speed, the idea is to pay the seeder in BTT.  I'm not really sure if this model will work tbh.  In my experience I could wait for hours for any download.  I just leave my lap top on and go do something else.

Tho a decentralized streaming service could be different.  We'll just have see how it all pans out.

There's no assurance that BTT is good for long term it may track same path like Tron feed by hyped and over shilled. The pumped is very scary and people should trade with caution, people behind this project are more focus on multiplying their bankroll rather than use cases and purpose of the Token, damn this thing will only encourage people to download pirated contents.

Besides the clear hype the whole situation behind BTT is strange and in my opinion it is just a way to milk money from people, the whole situation of BTT is wrong, an already existing project that does not need Crypto or blockchain technology decided to make an ICO and of course will find a way to fit in Crypto and blockchain in to their project. I doubt that anyone can even mention one use case of BTT in Crypto space, BTT was already decentralized people from all over the world was downloading for free and if they need super speed they can simply join a private tracker which is also free  and invitation can be found all over the internet, now someone tell me what is the use of BTT?

Actually people who use torrent trackers don't have money to buy licensed copy, so it's one of the worst ways to enable mass adoption at all. Serious and influence guys will not use this kind of shady things. And those people who use torrents to download different data from the internet will unlikely use btt token as well.

I was reading the news and they said this was a successful project because their prices exceeded the price of their sales, amazing

No. It's purpose to eliminate extra fee (publisher's profit part) between user and creator.
Due to wide BTT adoption anyone could sell their music/video/pix sets/software/or anything else DIRECTLY to customer, through bittorent network.
As far as I got it... ???

Bittorent is probably the only ICO that succeeded in 2018/19 with a very good return. Otherwise, most of the ICOs in recent past miserably failed.

But it's still not clear about the what will be the usefulness of BTT token itself. Bittorrent is widely known as a software to download the unlicensed software.
Just try to make sure this token will make the payment become so easy. But it's impossible to do that.

Even Justin is still unable to properly explain what this token will actually do. I'll repeat, "pay for "pirated" downloads?"

Sounds awkwardly awful.

It is still not very clear why one really needs this coin when bittorrent or other torrent clients work for free anyway. Anyway, the coin has done really good after the ICO.

It seems that BTT has become a well-known coin and has a high value, certainly many holders put their hopes in BTT.
BTT is indeed good on trips after the ICO, the team is so active in development that the results are also not doubtful.

this coin getting serious or what?
https://www.coingecko.com/en/coins/bittorrent

Well, it's been mooning lately so I wouldn't be surprised if there's FOMO right now and trying to join the bandwagon. Justin is really good at shilling coins and I'm sure there are a lot of his followers who did jump on the train early. But I wouldn't be surprised that it will be followed by a dramatic fall, lol, just like other tokens, just a pump-and-dump scheme.

yes, with the entry of cryptocurrency into the file sharing industry such as torrents where they use p2p technology first and certainly have more than a dozen users than crypto users, this opens up new opportunities for people to join the cryptocurrency ecosystem

Well almost all hyped coins did well after ico stage and btt has never lacked hype. Bittorrent back in the days was extremely popular for file sharing regardless if it's pirated files. Even the eth founder specifically mentioned btt as an example for crypto that has or will have actual working use.

Bittorent is a first technology are used in internet before blockchain and cryptocurrency with more than x10 user than cryptocurrency, Tron make great movement for accuising Bittorent and expanding the business network in the file sharing industry

If you follow Justin Sun, he is very smart at technology as well as marketing. Justin sun Acquired BitTorrent which helped him to bring 100+ Million users on tron Blockchain & BitTorrent really looks great project for long term as they have huge user base which will result great price appreciation in future. But the success of BTT depends on the how incentivizing ecosystem they build which will ultimately bring more users.

I suppose they'll merge BTT with bittorent traffic: creator'll define "weight" of each MB/GB of his/her creation in BTT and publish by putting on any torrent forum.
If you have enough BTT you'll be able to download. Smth like this

Right now, BitTorrent still in the underestimate coins because the coin itself still new in the crypto atmosphere and we don't know how good that coins. But later, if the project was good enough, then we will see the price will increase and like the other coins, it needs time to prove it is good or not. But now, yes the price still at the low price but I see that BitTorrent has available in many exchanges including Bittrex and Binance as the big exchange.

Utility tokens such as this are fueled by a lot of hype therefore a lot of speculation is driving the value and it won't necessarily sustain it once the fan fare begins to wear off but it should have potential as a long term investment if content providers actually start to make use of it and demand increases

BTT has picked up some activity in the last couple of days or so...  I'm not really sure what could happen here.  It's either it goes sideways for a week or two then break out or it's nothing but a tease and start going back to the 10 - 12 range again.

But put it in your watchlist.  :)

https://i.imgur.com/YmXWteM.jpg

tht chart looks super legit sadly
BTT is only going down and down, as here we are months later
and no progress has been made : /
i think they are realizing maybe theres a REASON chains that been around a long time are having trouble with this ;)
(lbry, alexandria are two examples of kickback file sharing chains that havent solved this problem yet YEARS later)

^  You don't get it...  That doesn't matter.  Whether something is legit or not, it doesn't matter.  It's all about the game.  And the game is to acquire as much BTC as you can, not holding some altcoin.  Lol.  Concentrate on the price, nothing else.

Edit:  And oh...  BTT is on the move.  ;D

Is good that we have crypto coins for bittorrent, anyway i want to ask, is there any way to get some free coins? If not maybe i will buy some and maybe after some time i can get some profit.

at the beginning BTT circulation on the market shows good progress. maybe all can be better if the product can develop well and have market growth in the future. wouldn't that be good for future investments with BTT coins.

TRX holders are given free BTT's every month via air drop for like 5 years...?  But it's not really that much.  It's better to buy it in an exchange if you wanna do some trading.

BitTorrent (BTT) - Decentralized File-Sharing Token https://www.publish0x.com/introduction-to-cryptocurrencies/bittorrent-btt-decentralized-file-sharing-token-xpjqwo

A little peek on what's going on with BTT to all those who don't really follow it that close...

https://i.imgur.com/Q6ismZn.jpg

Yup, that's a break out.  ;)  GL to everybody who pulled the trigger on the trade.  Let's see it go past .00000030 BTC.  But you can't really tell with these things.