Bitcoin Forum

https://coinmarketcap.com/currencies/bittorrent-new/

https://coinmarketcap.com/currencies/bittorrent/


Is there any relationship between these two BTT?

Is the new one potential?

It seems to me that out of boredom and in the final act of desperation to wake up the price action, the team decided to do a denomination where 1000 BTT (new) = 1BTT (old) so that token looks cheaper (looks more like pump and dump meme coins). I doubt there was any other reason for that because BTT price was already super small.

There's no relationship between both. Those tokens are the same but the volatility may become a thing that makes both looks like different. The differentiation on its decimal when the new BTT being released has created the difference between the price of OLD BTT and new BTT. This is a common thing in the crypto.
There's no potential even i got a bit surprised to see that there's someone who talked about this garbage token.

The old BTT rose with a very good attack in 2019, but after the third month of 2020, it stabilized and fell by more than 70%. While everyone was waiting for it to rise, the new BTT was the final blow. There is not much to say about the new one for now.

There was always hope for the old version of BTT, but I think the arrival of 5 zeros in the new version shattered the dreams a bit, I think.

Both are the same, BTT does an update on their tokens so that a new one appears. Many tokens do the same swap in the hope that it will have an impact on the price because the core of all the crypto that appears is in the price if the price continues to be cheap then no one will deign to hold it other than being used by the group for pumps and dumps only.

I cannot believe I even wasted time trying to "mine" this BTT by leaving all my files open to torrent upload. I must have uploaded 100x more for every file I had for weeks,,, and IIRC the BTT rewarded was not even enough for the transaction fee to cover.

I think the use case was a great one so it is sad a coin with real use had no future in market.

I think you are spot-on, it's just an effort by the development team to introduce something newsworthy that they hope will have a positive impact on the price but from the look of things it's not working so they'll have to do more than denomination change if they hope to attract new investors.

exactly what they are doing now , because the recent news about BTT seems to me that is planned and this creation of New BTT is an obvious action of bumping so there will be small investors that can afford taking more BTT than the old one.
this is indeed a desperation on the team of Bittorrent to make a hype considering that they missed this action in 2021 pump and seeking for what people believe Altcoin season after Bitcoin season last year.

Check the volume.

The older one is likely dying while everyone has been into the new one. This is like the other migration tokens that have left their old token with the older chains.

It's just an upgrade, I don't know the whole idea as I don't hold BTT but just go with the newer one because the crowd and its community is on it.

There's no hope for old or new BTT. Both are the same as useless tokens. The decimal change on its tokens didn't give any impact to the price. You can see the all time chart on coingecko and it's told us if there was no different between the chart. BTT has been loosing interest from the investors. I thought that if the token conversation has become the new way to attract the investors again.



It's not again a bit but it already shattered the dream. You can also see how tron was facing the difficult time like BTT.
These tokens have been facing very difficult situation with so many competitors that was coming to the crypto.

I am not a fan of Justin Sun because he is not much liked in crypto community for creating artificial hype in market to sell his coins but I have invested a small amount in BTT which is converted into BTTC now with the hope that it is WEB3 coin and might perform well in coming months and years . Most of Prominenet Analysts believe that next Bull run will come in NFT and WEB3 sector.

I remember when this project came out the hype was so real that two of my close friends started shilling the project at the time but seriously I never expected much and now I believe im right, this is just  a project with no big demand on, use case isn't even needed in the first place.. what more can one expected from Justin sun?.

Hah yeah..  The noobs usually look at the price per unit of an alf and go 'oh it's cheap' but really it's the market cap that should mostly be taken into consideration.  And how much the devs are holding and how much of that is released to the market in a month by month basis.  It doesn't matter much during bull markets tho as everything pumps anyway but they way the market ir right now, just stay away from scammy, not so well implemented projects.

Just stay away overall and wait for better market conditions.

Have any exchange update with new BTT coin and available for trading right now? I hold on my local exchange market and delay again until May for finish listing and available for trading, very sad because I invested on BTT before upgrade with new coin almost $9000 and I think as potential coins for long term holding, but right now my money have hold again several months later because my local exchange still not publish and available trading on May, still waiting three months later for getting back my money and still worry will have the same value with old BTT coin or not?

Before BTT went to the new version, it was really an altcoin with high market expectations. However, with the new investor he added to his list, he seriously frightened his investors. This situation will actually be a temporary process for BTT. I see a serious investment potential in BTT and the 1 dollar target will revive its investors.

You meant about the early days when this token already launched. People have very high expectation at that time and remember that also if tron has become new blockchain that look liked promising but this time it goes down as tron is not the promising blockchain again and people are moving to the another blockchain. Any projects in the tron ecosystem has been getting very big impact.


Seriously, are you joking with this? The redomination that already happened with BTT was giving a very bad impact to the token. how is it possible to worth $1 if this project is not even a promising project? are you drunk or what?

There's no relationship between both. The only thing i know is that when the developers swapping their old to the new token and then the old token will remain to exist until all of the people that hodl the old tokens will be converting their old to the new tokens. It can be seen from the daily volume of old BTT. It has a small daily trade volume. People are migrating from the old to the new tokens.
Im not see any potential in this project. Since this platform was acquired by the tron foundation and i never had a big expectations for bittorrent to be another big thing again. The golden days for the BTT already gone and this time its holders are expecting something huge to come soon. Im also feeling doubt this token can enter into the top 100 again.

As i see new BTT coin maximum total supply 990 trillion, which is more than SHIB and Doge coins supply. I don’t expect new BTT will reach 1$ if considering it’s big supply. So i don’t see any hope even in the future it can be hit 1$. And the old BTT is looks dead because all of investors migrated in the new token.

If see visually the price is clearly different, in my opinion, the old BTT was a decentralized social network based on its own blockchain token, BTT just grew up on the new blockchain. if I'm not mistaken Old chains are more secure and old chains can be more scalable than new ones Those who hold TRX, BTT, and JST on Binance will get free APENFT, https://www.binance.com/en/support/announcement/ba650472785243d0b997fe5aae4f5d4f

After the BTT was revised, I think it lost a lot of value. BTT, which has regressed to 55th place, is far behind expectations. Although its circulating supply is quite high, it is disappointing for BTTC that it lost so much value in the version transition.

I think it's very hard to trust now on that new BTT project, because for sure more holders becomes so disappointed on that decision to make new coin instead of keep working on the real one..

And as you can see there's a bunch of good projects nowadays so i have doubts if they still can get more attention from some investors, i mean that will kepp supporting the project that despite as well the popularity of it seems not the same before.. So for me IMO its a big question..

IMO, the BTT is a BitTorrent token, other than that I believe there's nothing more special about it, Anyway I think the team has tried to fish in the market because they were inspired by the meme coins like Shiba Inu's success that's why there's nothing new and special about it. just like others, it was bound to remain as it is just like the same old BTT with increased token supply status nothing more nothing less! just saying.

There was a torrent company called bit torrent and I think that was the inspiration of the original bit torrent coin but not just an inspiration like what meme coin devs have in mind before they make their coin but I think the creators of the bit torrent coin has a legit connection with the bit torrent company but I don't know about the other one if it has connection to the original bit torrent coin or not.

It doesn't make sense to create a new coin when the network is still the same (tron). On the other hand, most meme coins are being created on the bsc network so I am not sure if the new one is a meme coin or not. The volume of it also high and verified because there is that little blue check icon.