PLease be really be CAREFULL when throwing money in ICOs

[ChiNgadOr]

Dear friends

I am seeing the trading details of Bittorrent and am horrified how many people will be loosing lot of money.Be carefull with the FOMO, and remember you always should buy low and sell high.

Looking at the details in conmarketcap, nearly $450 M. have been traded in last 24 hours, which is an insane ammount. Cant remember now something as overhyped at this, and when it falls, will drop hard.

I always take a look at marketcap instead of price to realize if there is potential. Value just over TOTAL supply (as circulating supply isnt public yet):

990.000.000.000 BTT x $0,000905 = nearly $900 M.

In  https://icodrops.com/bittorrent/ it is stated that ICO ended on 28th january, raising $7.2 Millions.


So marketcap now is :

$900 M./$7M. = 128X --> 12800 % increase


---

PLEASE BE WARNED

PS: IMPORTANT INFO

It is said that ICO was restricted and ONLY 962 persons in the WHOLE world were able to join ... Lots of crypto entusiast raised a huge red flag over this operation as it seemed a  blatant scam to many people.

https://www.youtube.com/watch?v=uHxG7J2bpcY&app=desktop

[Red-Apple]

this pump and dump here with the fund raising was the only reason why TRON bought the brand in first place. they weren't actually buying, they were investing in it. and now it is paying out, in millions of dollars in their pockets overnight for doing practically nothing!

unfortunately that is why the altcoin market is not capable of moving forward and all we see every day are these useless pump coins instead of good projects setting out to change the world!

[ecnalubma]

BTT is doing same pattern like Tron and yes people should be very careful about this, I think its a Tron strategy surrounding this project along with all the hypes. Just like Tron it will surely hurt investors pocket after the dump.

[IlVeroNico]

To be honest, if people still fall for these kind of scams they deserve it.

Nice of you to put out a detailed post, hope it will help someone

[rudolfaxl]

It's just another fraudulent ICO from TRON CEO. This time he even have arrangements with Binance CEO, so it's a really big game. Yes, indeed, many people will lose a lot of money with BTT as well as with BNB, but still the second is a little bit more safe.

To be honest, if people still fall for these kind of scams they deserve it.

Nice of you to put out a detailed post, hope it will help someone

It's harsh, but true thought.

[enhu]

I'm glad I weren't able to get whitelisted under 1000. Bittorrent I think is still a great file sharing project to invest to. An investor has to wait right? 

Given an opportunity to buy millions of BTT for $500, I'd be interested to actually buy later on if my wishful thinking gives me the opportunity. I'm a torrent downloader too.

[whatthesith]

That is why I didn´t buy BitTorrent tokens because I know that Justin Sun will push it for few days and after that free fall will happen.

[Locotoni]

this is normal )))

becouse of torrent / bittorent. is working product. and its TOP fileshareing platform, with 100 000 000 unical user.
+ check exchanges numbers   this is great. + i think exchanges is major for prices and growth.


if my grandfa will make coin, and this coin will be on this exchanges, i think wolume will be more then Bittorent 




+ i want know about next Binance launchpad ICO -  






Last  https://launchpad.binance.com/details.html?projectId=44&lang=en




ICO Token Price: 1 BTT = 0.00012 (ICO)
ICO Token Price: 1 BTT = 0.000997 (exchange now)


ROI = 730%  (formul : ( 0.000997-0.00012) / 0.00012 ) * 100  )


730% roi is great, and if Fetch have potential, i will try.

[ixlr8nz]

Those that weren't involved are always going to cry fowl. Those who have made a huge profit - Well done! Those that are getting the airdrop (great stuff, even if small!).

[TomArayaSlaya]

If there is just one reason i fear TRON is basically because of pump and dump such as these They have a way of making things absolutely miserable for every one out there They are mostly the real investor in the coin and now they are getting more money with basically if you ask  me just shitty coin

[^BuTcH^]

I am going all in in Fetch ai. Believe me, a new hype around binance launchpad has started!  Fetch ai will show 2x at least.
As for bittorrent unfortunately I was unable to invest, but now I agree with OP , because market cap is too huge!

[Lagduf]

Dear friends

I am seeing the trading details of Bittorrent and am horrified how many people will be loosing lot of money.Be carefull with the FOMO, and remember you always should buy low and sell high.




Looking at the details in conmarketcap, nearly $450 M. have been traded in last 24 hours, which is an insane ammount. Cant remember now something as overhyped at this, and when it falls, will drop hard.



I always take a look at marketcap instead of price to realize if there is potential. Value just over TOTAL supply (as circulating supply isnt public yet):

990.000.000.000 BTT x $0,000905 = nearly $900 M.

In  https://icodrops.com/bittorrent/ it is stated that ICO ended on 28th january, raising $7.2 Millions.



So marketcap now is :

$900 M./$7M. = 128X --> 12800 % increase


---

PLEASE BE WARNED

PS: IMPORTANT INFO

It is said that ICO was restricted and ONLY 962 persons in the WHOLE world were able to join ... Lots of crypto entusiast raised a huge red flag over this operation as it seemed a  blatant scam to many people.

https://www.youtube.com/watch?v=uHxG7J2bpcY&app=desktop

These all make sense for me. It looks like justing has already cooperated with CEO of binance to run this scam.
If you remember when it was reached 7.2 millions dollars and then the ico price was around 0.00012 according from the ico drop and it can be calculated about how much distributed to the ico and it's around 60.000.000.000 in circulating supply right now.

It's not even touched 10% from the circulating supply. this is a manipulation from justing and binance.

[Locotoni]

Those that weren't involved are always going to cry fowl. Those who have made a huge profit - Well done! Those that are getting the airdrop (great stuff, even if small!).

This guy has been shilling this TRON Pump&Dump scheme around.. maybne he is someone paid for this task..

Summarizing..dont just follow my advice, just do your own research,  and take your own informed decision GUYS STAY AWAY FROM BITTORRENT... raised x128 in few days,.. will make you easily loose 80% in a while.. this has been already seen when Justin Sun (TRX CEO) is inside a business.. DOnt let these unscrupulous souls fool you and steal your money!

128X? LOL. haw you can calculate 128X

[ixlr8nz]

Those that weren't involved are always going to cry fowl. Those who have made a huge profit - Well done! Those that are getting the airdrop (great stuff, even if small!).

This guy has been shilling this TRON Pump&Dump scheme around.. maybne he is someone paid for this task..

Summarizing..dont just follow my advice, just do your own research,  and take your own informed decision GUYS STAY AWAY FROM BITTORRENT... raised x128 in few days,.. will make you easily loose 80% in a while.. this has been already seen when Justin Sun (TRX CEO) is inside a business.. DOnt let these unscrupulous souls fool you and steal your money!

Hi there Mr Fudder,

How are you today? Its always good to see people making money- and there is a lot making good money from BTT over the last week or so. BTT is just the start. As you feel like you missed out, keep an eye out, there will be others to come on the Tron platform.

Maybe you should look up the meaning of shilling - not sure how congratulating people = shilling. There is however a huge case of fudding on the first post on this thread.

128X? Wish I was one of the lucky ones who bought it.

How's the AELF going? Still down from $2.40 to $0.09 - keep it up

[Dragonrage201]

BTT is good for those who got in the ICO and have cashed out their gains. Hard to expect it to maintain these gains in this market.

[zombies]

This is just another wanchain like scam.

[Matthewmorris4]

Those people that already entry BTT market think only because the ICO uses the name "Binance" as a shield, so they think it is still in a safe zone especially with the presence of the well-known Binance market volume. It's just that they forget something, the coin will also pass their moment and there will be a saturation time.

[hdclover]

Oh my God!
Only 962 participated in the 7 million ICO? Looks so bad to be true. Looks like an organised professional scam.
Looks like bit torrent and tron wanted some money ASAP so they launched this ICO to milk money from users.

[BitcoinHodler]

Oh my God!
Only 962 participated in the 7 million ICO? Looks so bad to be true. Looks like an organised professional scam.
Looks like bit torrent and tron wanted some money ASAP so they launched this ICO to milk money from users.

no it is not organized scam and it is not something strange. this is what happens when a big name asks for money like this!!! they don't have to do anything though, their token is just as pointless as the rest of them but since they have a big name they can raise large amounts of money like this.
but since their token is like the other thousands of tokens, they will also die. and you should stay away from these kinds of investment.

[tabas]

What can you expect with Trons owner? he's been known with marketing tactics and people are buying on it. Same scheme and strategy is being applied with BTT from Tron.