PLease be really be CAREFULL when throwing money in ICOs

[disconnectme]

Bittorrent ICO is a perfected Sham, I don't understand why people are betting big on this ICO, looking at the tokens for me I still don't understand why there is need to have token incorporated into the platform, this is a working platform with millions of users already. But people will always gamble with their money but this will not end well for those that FOMO into it

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[umbara ardian]

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.

then does it have to require many people to be successful? in the ICO world when there are 5 people investors and can make the ico immediately successful then it can happen.

[shamc]

When the distribution is poor there will be many pump and dumpers doing price manipulation. Justin Sun probably holds a massive amount so he is going to be happy

[mindrust]

Just put $10 on this crap take take it back when it becomes $20. Make yourself a free beer. I put $30 on this shit (because scams like this can get very big before they go to zero)  and will dump after it makes me $100.

There isn't anything else to do with shitcoin. Actually I described all the shitcoins...

Just create yourself a sell order at x2 or x3 above the current price and wait for people to buy your shit

[bit-freedom]

IMO, Justin Sun is well known for marketing and create fomo for TRX. I didn’t buy BTT, it is overhyped by both Justin Sun and Binance.  Stay away from this guy, he is good at pump and dump.

[JeromeTash]

So marketcap now is :

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

You don't calculate an increase like that... Marketcap entails the circulating supply and the price.
This is not the best way to interpret a percentage increase in price.
Probably using the ICO price and then the current price to get the percentage increase is a much better approach.

[timmmers]

I know about the high market cap and probably thanks to that BTT token can't rise more in the current situation. But all people here believe in 100k and more for 1BTC, then another rise is very possible.

[mrdeposit]

I know about the high market cap and probably thanks to that BTT token can't rise more in the current situation. But all people here believe in 100k and more for 1BTC, then another rise is very possible.

All I understand is that in order to gain a profit, people pump BTT ''to the moon''. Because, this price increase seems as a profit that people cannot provide since long periods of time. After BTT, when ONG was listed, it had the same volume and increase. 

[ajqjjj]

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.

Binance is a most trusted trading exchange so they check the background of the project. But we pay huge money in Binance they accepting the listing, so small scale traders are safe in this journey and some large scale traders are carefully enter in this kind of project.

[akitha]

well btt is also a member of a pump and dump team  with the supply of 990,000,000,000  where do you think it will go..hoping that the investor will exit on this token

[BlueStackz]

People should by now have a proper understanding of pump and dump, a good trader should not be a victim of these if true, though it’s good to take advantage of these action as a good trader but for the upcoming ones, its necessary to be careful because it could backfire a big time, this happened to one of my coins when I didn’t trade with care, my 450usd later turned to be 30 usd, so now what I do in trading is to take little profit I get on it when it’s being pumped and buy when dumped.

[akitha]

well bittorrent is just another pump and dump coin.. if you bought in binance and you did not sell early then you lose..its there strategy just to gain investor

[Yurkov]

well bittorrent is just another pump and dump coin.. if you bought in binance and you did not sell early then you lose..its there strategy just to gain investor

This is a very likely scenario, but it is possible that they also have long-term plans .. It would not be a surprise for me if now the accumulation began and in the future, will come even bigger pump.

[susila_bai]

well bittorrent is just another pump and dump coin.. if you bought in binance and you did not sell early then you lose..its there strategy just to gain investor

This is a very likely scenario, but it is possible that they also have long-term plans .. It would not be a surprise for me if now the accumulation began and in the future, will come even bigger pump.

I also think the same that is why, Today the price is 24 sat, and i have bought around 10k BTT as this type of coins can go any where and investing 240k is not a bad investment which can give 10x or even 100x or may go to zeroo.

[khufuking]

Let's put all that aside, can anyone tell me what is the real use case of BTT tokens? what this tokens will offer to Crypto or BitTorrent community? BitTorrent is a fully working project that does not even need marketing, it is a long established project that is functional for years even before Bitcoin appears. This example we have here is just a showcase of how people can use brand names to milk money from clueless investors, I am willing to hear from anyone that can tell me one only one use case of BTT tokens that can't be done already without it.  

[binhvo1505]

According to me, it is not scam. when Binance decided to support BTT, they had their own strategy. they may have informed the shareholders about this and they were soon whitelist registered. then all shareholders bought BTT and made the price of BTT soar on the trading floors.
This support of Binance is also bringing huge profits for Binance. But the important thing is the potential of a project. if it's a good project, Binance will support but we don't have the slot to buy the token. that is the problem to be solved.

[shoreno]

well bittorrent is just another pump and dump coin.. if you bought in binance and you did not sell early then you lose..its there strategy just to gain investor

This is a very likely scenario, but it is possible that they also have long-term plans .. It would not be a surprise for me if now the accumulation began and in the future, will come even bigger pump.

I also think the same that is why, Today the price is 24 sat, and i have bought around 10k BTT as this type of coins can go any where and investing 240k is not a bad investment which can give 10x or even 100x or may go to zeroo.

imo bittorent is not a pump and dump coin because bittorent came from a reputable company which is bittorent  . come to think if they will scam people , thier reputation will greatly affected   .  besides , they can already earn millions and billions of cash without creating an ico  .  so dont worry guys  , what happened to btt is only a normal phenomenon  .  almost all crypto coins have gotten there before they become stable  .

[LUCKMCFLY]

The issue of ICOs is very long, but we have had new regulations that are favorable to prevent fraud, however it is very necessary to review and do the relevant research, from the whitepaper to the people who make up the team, I have read that there are currently ICOs that have been collecting and have been successful, are in terminal phases where what remains is to execute the project for which it was described in their whitepaper.

[sirohige]

The issue of ICOs is very long, but we have had new regulations that are favorable to prevent fraud, however it is very necessary to review and do the relevant research, from the whitepaper to the people who make up the team, I have read that there are currently ICOs that have been collecting and have been successful, are in terminal phases where what remains is to execute the project for which it was described in their whitepaper.

Indeed, before you want to invest in Iico you should be able to read the development concepts that they want to develop through the existing whitepaper, as much as possible you should be able to understand their true goals, make sure you are very confident before investing.

[arifteguhr]

It must be because now there are a lot of garbage and fraudulent ICOs that will make you lose money, so choosing ICO is better to be careful and careful if I suggest if you don't want to lose money