Thoughts about btcst altcoin?

[I_Am_Chamara]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

[blockman]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

I don't know that this token exists and you're the only one that made me know that there's this coin. Honestly, I wouldn't be blinded by those numbers.
It's a one-year-old token and I don't associate myself with those tokens that are relating their names with bitcoin. Even if it's on Binance, we've seen those tokens that have bitcoin on their names drop to lose popularity eventually.

[Kemarit]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

I'm not really sure, but I heard that staking this coin is dead already?

And then there are people saying that the people behind is not that active. And looking at the price in coinmarketcap, just like the majority of the coins that we have right now, it is down 78.88%

So just be careful though, it can go up in price, but it might not be natural and could be a simple pump and dump scheme.

[bittick]

I don't recommend this token. BTCST being backed by cloud mining which were using hashrate as its collateral for bitcoin hashrate. If you aware with the history of cloud mining site in crypto was really bad. So many cloud mining became scam and gone.
This token is a high risk token. Backed by hashrate that you didn't even know whether that was real or pure a ponzi scheme. This token is also being used as pump dump token by some whales.
It's better avoid to deal with this kind of token.

[ItsCrafty]

Low marketcap coins and very high Risk coins. I think it should not be bought above 10$ because we have seen other coins like Bond and Wings which were spikes to 40$+ and then down to origin value below ten.
Btcst was trading at 8$ price and then Suddenly whale pumped it to 40$ and now it's trading above 20$ but I deal fear that very soon it will go down to 10$ again.

[hugeblack]

Any currency that bears the name of a famous thing or a sensational event, stay away from it. This includes all currencies that have the name Bitcoin, Elon Musk, Space, Mars, James Webb, ..etc.
It does not matter what name they will call it, but will they really provide something new that will make many people pump money into this currency and invest in it, or is it a new way to make developers rich?

Making the total supply fixed does not mean that it is a good investment because there is no value in supply without the presence of demand.

[Tony116]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

I don't know that this token exists and you're the only one that made me know that there's this coin. Honestly, I wouldn't be blinded by those numbers.
It's a one-year-old token and I don't associate myself with those tokens that are relating their names with bitcoin. Even if it's on Binance, we've seen those tokens that have bitcoin on their names drop to lose popularity eventually.

It really seems like it is a coincidence that most of the new and very strange projects are found and talked about by people who are newbies, don't you think so?. I also never found this token until OP mentioned it, even though I am a seeker for hidden gems.
In checking it on CMC, I was surprised to find that it was listed on Binance, but somehow I missed it as well. The cryptocurrency market is so vast and growing so fast we can't keep up with them all.

[blockman]

I don't know that this token exists and you're the only one that made me know that there's this coin. Honestly, I wouldn't be blinded by those numbers.
It's a one-year-old token and I don't associate myself with those tokens that are relating their names with bitcoin. Even if it's on Binance, we've seen those tokens that have bitcoin on their names drop to lose popularity eventually.

It really seems like it is a coincidence that most of the new and very strange projects are found and talked about by people who are newbies, don't you think so?. I also never found this token until OP mentioned it, even though I am a seeker for hidden gems.
In checking it on CMC, I was surprised to find that it was listed on Binance, but somehow I missed it as well. The cryptocurrency market is so vast and growing so fast we can't keep up with them all.

Yeah, that's it.
And I know what's being built on your mind with these but anyway, unlike the others that we see being asked by the other newbies, this token has a big trading volume and it's on Binance.
But as I've said, I won't investing to projects that have derived their names out of bitcoin whether they're forks, upgrades or whatsoever.

[Gozie51]

Making the total supply fixed does not mean that it is a good investment because there is no value in supply without the presence of demand.

Also volume of trade is to be looked at when considering other investment factor in coins. If a project is not getting a enough attention, the volume of trade will reflect it because whether supply is fixed or not, it should attract buyers that like that project based on the need. Many project want to be like bitcoin but they don't provide solutions as bitcoin.

[MAAManda]

I don't really know about this $BTCST, but after researching more, I see that the purpose of this $BTCST is to bring Bitcoin to DeFi. If we refer to the purpose, this token should be a good token. What's more, this token is directly supported by Binance, Genesis Mining and Safepal. With their high ranking in CMC, it is an indication that this token has a large use-case and enthusiasts.

[Doell]

I know this token in 2021, also there was speculation at that time on forum I don't think this token is worth your long term holding. Maybe it can be for the short term but you have to bother monitoring the price movement of this token, since I know this token, to be honest I'm personally not interested and it's better for me to invest in top 2 marketcap altcoins instead of holding btcst.

[fuguebtc]

This project has only been launched in early 2021. The goal of this project is to expand the potential of Bitcoin mining on open markets instead of mining directly with miners. It has been listed on Binance and its purpose is very creative, I think this token has potential.

But invest in it, I can't give you advice because I don't have too much research on it, I believe you know it more than we do because you are aiming for it. You can invest in these low-cap projects, but there is no guarantee that it will be safe even if it is listed on Binance. So take responsibility for your decisions and invest with the money you can lose.

[I_Am_Chamara]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

I don't know that this token exists and you're the only one that made me know that there's this coin. Honestly, I wouldn't be blinded by those numbers.
It's a one-year-old token and I don't associate myself with those tokens that are relating their names with bitcoin. Even if it's on Binance, we've seen those tokens that have bitcoin on their names drop to lose popularity eventually.

What? Seriously?  this token is always pop in binance top gainers and CMC.

[Teraboy]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

I don't know that this token exists and you're the only one that made me know that there's this coin. Honestly, I wouldn't be blinded by those numbers.
It's a one-year-old token and I don't associate myself with those tokens that are relating their names with bitcoin. Even if it's on Binance, we've seen those tokens that have bitcoin on their names drop to lose popularity eventually.

What? Seriously?  this token is always pop in binance top gainers and CMC.

You must not be surprised about that. Some people were thinking that was a shit token that has not yet listed in big exchange sites. Some people may pass this token once he was seeing the name from this token. Bitcoin standard hasrate token. That name looks very unfimiar for people. im sure they are thinking if that was a fork coin like bitcoin gold.

[I_Am_Chamara]

I don't really know about this $BTCST, but after researching more, I see that the purpose of this $BTCST is to bring Bitcoin to DeFi. If we refer to the purpose, this token should be a good token. What's more, this token is directly supported by Binance, Genesis Mining and Safepal. With their high ranking in CMC, it is an indication that this token has a large use-case and enthusiasts.

Yeah that's why I posted about this here, but as I see most people know this token after my post 

[ningrum]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

In my opinion BTCST is not a coin to hold long term, if you hold this coin of course the risk is very big,
you can see this project's social media, it is not very updated, but if you want to trade short term, maybe BTCST can be an option.

[StormHawk]

Not a good choice OP, why cant you just buy Ethereum or Polygon Matic? There are better choices in top 100 of coinmarketcap I don't know why people like small projects that aren't really progressing, I guess they care more about the returns that the survival of the project.

[Fara Chan]

Hey guys, what are your thoughts about Bitcoin Standard Hashrate Token (BTCST)?

According to Coinmarketcap Max supply of BTCST is 15,000,000 and market cap $271,183,760.13. Is this good to hold?

Never get stuck with tokens that have a relationship or name with bitcoin, because for sure they will not be able to do what ever happened to bitcoin itself, usually this kind of token will lose popularity along the way, and personally I just found out about this from you, these numbers may change as they travel in the market.
So you should be careful in taking part in the coin, analysis and self-observation are needed for decision making

[yazher]

I don't know that this token exists and you're the only one that made me know that there's this coin. Honestly, I wouldn't be blinded by those numbers.
It's a one-year-old token and I don't associate myself with those tokens that are relating their names with bitcoin. Even if it's on Binance, we've seen those tokens that have bitcoin on their names drop to lose popularity eventually.

Most of the time project like this connect their names to bitcoins or any other famous cryptocurrencies are usually have no real plan in the future. They've just been created to make money and probably just another pump and dump coin. You need to understand that there promise will not get you anywhere because they are just good on sugar coating their words and at the end of the day, they will sold huge numbers of their coins and leave everyone waiting for nothing.

[I_Am_Chamara]

BTCST officially dead and binance will be delisted soon