Bitcoin Forum

What Is BitTorrent( BTT)?

BitTorrent is the world’s largest file-sharing protocol having more than 100 million users, which got acquired by TRON in June 2018 itself and now they have launched their own coin on TRON’s network. With the help of BTT, the users can pay along with the file shared, where both of them can get more bandwidth and it will help to download faster.

BTT is a TRC-10 token, wherein a total supply of 990 billion BTT would be minted as per the coin’s whitepaper. BitTorrent has even come up with the announcement of “Project Atlas” ( a new iteration of peer to peer software), which would be backward compatible,i.e, the users who don’t want to earn or spend BTT would even be able to share files.

BitTorrent Price for today is $0.000821, with a total circulating supply of $990,000,000,000 and a market capitalization of $3,630,797.

Let us understand what is the BitTorrent (BTT) prediction for 2019 and the next 5 years:

Market Prediction For BitTorrent Price Prediction 2019:

#1 Wallet Investor

Wallet Investor has given BTT price analysis from three standpoints: average, maximum and minimum. They believe that BitTorrent might reach $0.0326 on an average, and that is the maximum that could possibly reach, the minimum being $0.0295.

#2 Coin Checkup

Coin Checkup has special metrics through which one can predict BitTorrent price. To keep it simple, they believe BTT might reach as high as $0.0341 by 2019 end when 4% of total money flows into the crypto market.

The best part about BTT is that before it became a cryptocurrency, they have huge followers and now because of this innovation in technology, BTT might take the media and entertainment industry by storm. By 2023, BTT might reach $0.00411, from a conservative point of view and analysis.
 However, in the longer term, you can be positive that the price of BTT would increase. You can convert BTT to BTC (https://coinswitch.co/coins/bittorrent/bittorrent-to-bitcoin) from CoinSwitch at best rates.

What you are stating is just air. There is no analysis that specifies the rise of the price during the period you are referring to.

The best way that you will speculate the price is the development on the Bittorrent platform. If people will start sharing files and getting advantage of the BTT token then the price is going to rise significantly.

In this era, the most important thing is the functionality of the BTT.
When the BTT coin project can develop as a coin that has benefits, the public will believe.
Demand is the main factor. Bittorent is a coin that has a good future, demand will determine how the next BTT price moves.

$0.001644 per token would give BTT a valuation of 1 627 560 000 USD on total supply. You can't seriously thinking that this is possible, right?

BTT may jump to some level only because the whole project is over hyper. But I read somewhere that they allowed less than a 1000 to participate in the ICO due different restriction and this alone is a huge red flag. It's OK for short term experiments, but nothing more.

lol i was expecting a technical analysis or any statistical data  :o
Anyhow, not saying it is impossible as we know torrents site have a very strong user base there
However, in order to increase the valuation of BTT, the business gotta grow big enough to proof that each of this BTT value is par with the value of the operation

Both sides use some random numbers to predict the future, I wouldn´t trust it. There are more reliable sources.

With the total supply of BTT, you need to calculate on how much it would take before BTT reaches that speculation that you've made. You need to take note of many things aside from calculating it. The total market cap must be that high that's able to sustain that price of yours. We don't know what lies in the future and crypto can fluctuate that high but I just really can't think on how large the money would come in just for BTT to reach $0.001644.

I think it is very difficult on the market today to be smart to see the prospects of airdrop, but it is not impossible for Justin sun to acquire BitTorrent which is then combined with the TRON network

BTT may grow but no one cannot give assurity for the expected price bump. I thought BTT will be a bump on Chinese new year and it happened well on that time and I made 100$ profit on Binance. If you really want to make money of it. Check RSI chart of BTT from the starting time to now. Then bid the BTT in the least value touches to make the profit. Nothing will work out apart from this idea.

Only 6% from the total supply are available on the circulating supply and no so much coin that will have distributed to the all of tron holders. This coin may get a big decrease in the future consider there will be more supply to come asap.

Billions of supply I think and for sure after the hype on this coin you can see its price dumping even if its a good one. Its possible to hit that price because of the strategies of the team but it wont last longer so be careful with this coin.

Wow a 10% increase today for btt token (https://www.coingecko.com/en/coins/bittorrent)
Dreamy but the price action point so. Again i am still afraid to trade it

Each project have its own right to be speculated to reach high, not sure how OP got this figure and with what he's stating its still a big doubt,
though we are still in the bear market so who knows what will happen after the bull start to showed up and how this coin will go along with
that move, basically this post will try to gained attentions and support from the community.

2019 is still on its first quarter, we don't know what will happen after some months maybe yes or maybe it will just dropped the price more.

already there is a good movement for BTT today, maybe there will be a dump again. but I am sure BTT has the potential to go to the price of 0.002 dollars even more than that

It is possible that the price of the BTT can go down after short time. Because, in the great price decrease time, Bittorrent's price increases so much with only the hype. The same thought of most people gave such a result, and this was just for profit.

BTT has huge potential. BTT's market is ready. I mean, 100.000.000+ people use torrent at the moment. So it can go more and more...

Not sure about that when you are seeing the token still has no usefulness to the platform. That should be the main concern before trying to say if this will worth a lot. If the token can't be used in the platform and that will be a worthless token.

Its not possible, a vaporware plus supply increases every year and the 1 trillion total supply should also be a concern. I dont know what are their plans for that huge amount of extra supply

"If the token can't be used in the platform and that will be a worthless token.". Of course. But I am thinking it is not complicated. My point is BTT's market. For example I am using torrent. Our problem is speed and find seeder. BTT has good solution fot that. Bittorent have 100.000.000+ users. I mean, buyers are ready to pay for speed and seed. 

With that over volume I don’t think it would reach that price even in 5 years time unless it will be pumped and dumped then possibility may occure


You said it right mate,thats over supply than deman maybe we can expect such growth when time comes that the token has really a function but these days?no way

This is of course the exact problem we all have, I use torrents as well and generally it is frowned upon if you are sharing bandwidth like I am most of the time, as am using office computers. But the concerns are usually for downloading and I have no issues seeding and letting people find the pieces they need from me, but the problem is always with those rare files that have maybe 1 seeder who comes online for a few minutes and then, the speed is very slow from him.

It does seem like a simple problem but we have yet to see if it works. You see, if people can't pay a few dollars to watch something, why would they pay a few cents to torrent it? I don't know, we have to wait and see.

I don't think that can happen and I doubt it very much because currently Bitorrent has a very large total supply of tokens and it makes it difficult to increase the price if there is no reduction in supply or better development so I am sure the target price will not be achieved.

Dont forget to mention Bittorent already to high for the fomo price, the reason why BTT its really populer right shiling from Justin and their ICO using a Lauchpad Binance ( You know it right Binance number 1 Exchange at crypto ) i believe if we waiting a few month. We will got rekted group from Bittorent.

Acceptance of their platform will determine if it will touch the value stated or not, Don’t forget, there are other platform still doing same as bittorent, so it depends on the team behind the BTT and the acceptance.  I have been using BTT for a long time now and can’t remember paying for large files.  SO if the BTT price is to go that high, the team need to do more by encouraging people to purchase space and using the BTT coin to make payment but if this doesn’t happen, I don’t see this happening.

This is the point I tried making earlier on, the token needs to be fully accepted first and people see the usefulness to the platform and since you can’t impose the coin on the platform users, it will be difficult for now to achieve the set value for this year.

Most users will still prefer to use the initial method of payment than the former. So, it is either you forcefully make people pay through BTT which is impossible or else, the platform will be dumped. The only way I know you can achieve this is when you use pump and dump method is is not good.

 Its current trading volume is quite high and I think it will not be able to grow so strong in 2019. it takes a long time to develop further.
Binance has supported BTT at the best level but it still needs time. Its price will increase to a maximum of $ 0.001 in 2019.

It has a great advantage to be in Binance and have a large volume, but we must not forget that we are in a phase of the market, that if the bitcoin falls, all the altcoins including this BTT will fall, it is better to wait. See how the market develops, for now, it is not feasible to make predictions, since it would be very risky to do so, since we do not know what can be developed with Bitcoin.

Bittorrent is a strong community so we will expect some good hype in this year. Because BTT competition is on going in Binance so big investors are active in this platform. We never judge the secret gem because few years back no one except the Bitcoin revolution.

These competitions were a way to increase the trading and through the same the price pumping could be achieved. As in the quote bittorrent already have universal user community. Now their services integrated through a ico token is very simple for them. What it has gained is very big, and the market kept falling, to enrich the market a new competition is being started as Binance is their trading partner.

I'd be more than happy with BTT price hitting $0.001, that would make the 50 million BTT I own worth $50K  ;D

This is easy to achieve, with some hype are real delivery of results, I believe it's possible.
Current price is $0.000853, therefore that is just less than 2 times of the price, if other high supply coins can rise up to x100, then a x2 is easy.

In the last period the market is going very badly. This made the BTT a very good start in the bad market. I'm a little regretful not to buy BTT. I'il keep following binance.

I was wondering what this Bittorrent thing was about until  i watched a fairly informative video about it yesterday. I thought it was a fake project or a company using the Bittorrent name to exploit/scam people.   I wonder how they plan to retain the 100,000,000 users they inherited.

well I also think like that it will even break up to 0.002 dollars in the middle of the year. coin that is good enough to be stored at a fairly cheap price,maybe the most successful ico category for last month

$0.002 for a vaporware with a large supply, good luck with that.

I received 1000BTT tokens in CoinTiger promotion and I am not going to buy more. When you have only few of these tokens you do not care about the price.   ;D

It seems that BTT does have a good development, increases even slowly and the market can support it to be more valuable.
We see that cheap BTT will be a token that is popular and popular with many investors.

 I hope its price can reach $ 0.00411. I invested in BTT over $ 14,000 at $ 0.0007 and I hope its price can increase in the remaining half year. I really like BTT because it has an extremely good partner, BNB. it will make it easier for BTT to develop technology and expand its business.

Especially when the airdrop will be distributed and i guess that will go to the exchange site instantly. But this is a yearly airdrop and that's better rather than put that into the monthly airdrop.
 the price of btt is very stable right now.

I don't see any good thing with these projects' IEO on binance. It is a clear that another pump and dump types of coins are being created in the crypto universe again.
If you pay 100K and assured of $5M, it isn't a bad decision. I don't know the type of checks binance does before accepting to do the IEO but it may in future become a factory where fake coins will be developed by the rich men because they pay for being launched on the Launchpad and get as much money as they want and after that they don't do any good thing.

That's why it's a hype coin.
You are still at a profit now since the price is over compared to the amount you buy it.
But as investors, we should be looking for a bigger price as we believe the potential of our coin is good.

You are expect of 5 times increase of your initial investment, still possible, if some can make it x10, why not this coin.