Let's talk about this Bittorrent situation $BTT - page 2.

CuriousGeorge

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Quote from: SchroedingerC on February 14, 2019, 04:43:15 PM

Quote from: encycrypto on February 04, 2019, 08:19:21 AM

Tell me something, where the hell will the BTT token used? To "pay" for "pirated" downloads?

No. It's purpose to eliminate extra fee (publisher's profit part) between user and creator.
Due to wide BTT adoption anyone could sell their music/video/pix sets/software/or anything else DIRECTLY to customer, through bittorent network.
As far as I got it... Huh

But it's still not clear about the what will be the usefulness of BTT token itself. Bittorrent is widely known as a software to download the unlicensed software.
Just try to make sure this token will make the payment become so easy. But it's impossible to do that.

encycrypto

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Quote from: cepot9 on February 06, 2019, 01:34:14 PM

I was reading the news and they said this was a successful project because their prices exceeded the price of their sales, amazing

Bittorent is probably the only ICO that succeeded in 2018/19 with a very good return. Otherwise, most of the ICOs in recent past miserably failed.

SchroedingerC

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Quote from: encycrypto on February 04, 2019, 08:19:21 AM

Tell me something, where the hell will the BTT token used? To "pay" for "pirated" downloads?

No. It's purpose to eliminate extra fee (publisher's profit part) between user and creator.
Due to wide BTT adoption anyone could sell their music/video/pix sets/software/or anything else DIRECTLY to customer, through bittorent network.
As far as I got it... Huh

cepot9

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I was reading the news and they said this was a successful project because their prices exceeded the price of their sales, amazing

rudolfaxl

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Quote from: khufuking on February 06, 2019, 09:35:57 AM

Besides the clear hype the whole situation behind BTT is strange and in my opinion it is just a way to milk money from people, the whole situation of BTT is wrong, an already existing project that does not need Crypto or blockchain technology decided to make an ICO and of course will find a way to fit in Crypto and blockchain in to their project. I doubt that anyone can even mention one use case of BTT in Crypto space, BTT was already decentralized people from all over the world was downloading for free and if they need super speed they can simply join a private tracker which is also free and invitation can be found all over the internet, now someone tell me what is the use of BTT?

Actually people who use torrent trackers don't have money to buy licensed copy, so it's one of the worst ways to enable mass adoption at all. Serious and influence guys will not use this kind of shady things. And those people who use torrents to download different data from the internet will unlikely use btt token as well.

khufuking

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Besides the clear hype the whole situation behind BTT is strange and in my opinion it is just a way to milk money from people, the whole situation of BTT is wrong, an already existing project that does not need Crypto or blockchain technology decided to make an ICO and of course will find a way to fit in Crypto and blockchain in to their project. I doubt that anyone can even mention one use case of BTT in Crypto space, BTT was already decentralized people from all over the world was downloading for free and if they need super speed they can simply join a private tracker which is also free and invitation can be found all over the internet, now someone tell me what is the use of BTT?

ecnalubma

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There's no assurance that BTT is good for long term it may track same path like Tron feed by hyped and over shilled. The pumped is very scary and people should trade with caution, people behind this project are more focus on multiplying their bankroll rather than use cases and purpose of the Token, damn this thing will only encourage people to download pirated contents.

tokeweed

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Quote from: Pecunia non olet on February 04, 2019, 02:05:58 PM

Quote from: tokeweed on February 04, 2019, 10:31:35 AM

^ The thing is, the users aren't really required to use BTT. They can still use Bittorrent like they did before Tron started being involved.

I think Tron's plans for Bittorrent is for it to become something like a decentralized streaming platform with seeders being rewarded with BTT. Whether that model works, I have no idea. I guess we'll just have to see how it goes for them.

And those who would like to download will pay in BTT? But how you tell people, that torrents will be no more free? Tho whole idea of BTT is strange.

It'll always be free... But if you want higher download speed, the idea is to pay the seeder in BTT. I'm not really sure if this model will work tbh. In my experience I could wait for hours for any download. I just leave my lap top on and go do something else.

Tho a decentralized streaming service could be different. We'll just have see how it all pans out.

Labumi

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for this Bittorrent situation you must be careful because altcoin like Bittorrent has a very high risk but you have to know for its development I really like it because nowadays there are so many people around the world who use torrents, to conclude when many products that use it will affect the price.

beami

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Seeing the support given by Tron and Justin, of course, BTT will be better and have a future, all of this still requires good time and the opportunity is still there. BTT will use it well for the future.

marcbitcoins

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Although it was back up by Tron platform or supported by Justin Sun but still i'm in doubt if the product of BTT is really feasible to the masses as BTT was commonly used in downloading and seeding mostly for free by the pirate people for which are mostly are not crypto users. Hopefully it can really attract more people to invest as only few people knows how the torrents and crypto currency will work.

patz22

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Look at its market people going crazy for BTT. Even in telegram I am seeing punp groups now getting in touch with it. I'll probably buy once it goes down to like 21-24sats and ai think thats a good entry.

CryptoBry

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Quote from: livingfree on February 01, 2019, 06:06:42 PM

It's shilling at it's finest. I know there are some good projects that has been underrated and didn't have the same attention that was given like BTT. But such hypes will most of those believers broke if they will stay on the boat for long.

BTT's currently trading in few exchange but most volume can be found on Binance. What's just good with this is that they have been advertised by CZ and Justin Sun but wishing all the HODLERS for BTT the best.

I am sure this BTT project can be making good money for early adopters and can be good for traders but as to its long-term prospect that remains to be seen. Actually there is nothing so very special about the project but the people who are supporting it. Well, the hypes can be real and they are all so effective in pushing the project to the top. This is proving that for a project to be getting enough funding, marketing with some hypes and big names attached to it can be the right way to go.

Pecunia non olet

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Quote from: tokeweed on February 04, 2019, 10:31:35 AM

^ The thing is, the users aren't really required to use BTT. They can still use Bittorrent like they did before Tron started being involved.

I think Tron's plans for Bittorrent is for it to become something like a decentralized streaming platform with seeders being rewarded with BTT. Whether that model works, I have no idea. I guess we'll just have to see how it goes for them.

And those who would like to download will pay in BTT? But how you tell people, that torrents will be no more free? Tho whole idea of BTT is strange.

tokeweed

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Activity: 3976

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Life, Love and Laughter...

^ The thing is, the users aren't really required to use BTT. They can still use Bittorrent like they did before Tron started being involved.

I think Tron's plans for Bittorrent is for it to become something like a decentralized streaming platform with seeders being rewarded with BTT. Whether that model works, I have no idea. I guess we'll just have to see how it goes for them.

Red-Apple

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in other words they took an excellent technology that has been working perfectly fine without blockchain and was already quite decentralized and was the iconic example of a peer to peer network and they turned that into a milking machine which they ran an ICO and made millions. and did what? nothing apart from adding unnecessary complications to the previous well oiled machine. Tongue

encycrypto

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Tell me something, where the hell will the BTT token used? To "pay" for "pirated" downloads?

livingfree

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Quote from: consideritdone on February 04, 2019, 02:22:36 AM

but how long before it dips, those who are even able to buy for ICO is already more than 5x their money

Good for them who have bought during the ICO and it's wise for anyone who holds it to start selling it. This is just my opinion but to those believers of this coin it's all your decisions on how long you're going to hold it.

Whales are accumulating almost everything and the larger the pool of investors inside it will definitely make them richer even with smaller increase. It's about the quantity of their total tokens, so good luck to each of you that has this coin.

michellee

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Quote from: Jating on February 04, 2019, 04:37:57 AM

Quote from: consideritdone on February 04, 2019, 02:22:36 AM

The bittorent https://www.coingecko.com/en/coins/bittorrent pump is now ongoing but how long before it dips, those who are even able to buy for ICO is already more than 5x their money

Yeah, that's what I said on the previous thread about BTT.

It's been currently pumped so hard, more than 60% already and I'm sure people are slowly making lots of money with it.

I'm just more concern on the long term goal though, will people used BTT in the future and be one of the best investments in 2019 forward?

We will see it later. If BTT is good one than the other projects, then BTT can compete with them. But if it's not, then BTT will be abandoned, and it will be hard to rise again. Bittrex supports BTT, and they give BTT tokens. You can read more in here:
https://bittrex.zendesk.com/hc/en-us/articles/360022602232-Support-for-the-initial-and-monthly-BitTorrent-token-BTT-airdrops-to-TRON-TRX-holders

It could make many people want to buy TRX because they can get BTT airdrops by free, but I don't know and not sure.

Jating

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Quote from: consideritdone on February 04, 2019, 02:22:36 AM

The bittorent https://www.coingecko.com/en/coins/bittorrent pump is now ongoing but how long before it dips, those who are even able to buy for ICO is already more than 5x their money

Yeah, that's what I said on the previous thread about BTT.

It's been currently pumped so hard, more than 60% already and I'm sure people are slowly making lots of money with it.

I'm just more concern on the long term goal though, will people used BTT in the future and be one of the best investments in 2019 forward?

Topic: Let's talk about this Bittorrent situation $BTT - page 2. (Read 528 times)