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Topic: PLease be really be CAREFULL when throwing money in ICOs - page 3. (Read 582 times)

sr. member
Activity: 840
Merit: 266
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.  
hero member
Activity: 1260
Merit: 524
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.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
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.
sr. member
Activity: 1680
Merit: 278
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.

Honestly, i expected much more from a member with your rank.  Binance lost its spirit.. 100% profit oriented, in fact the greediest exchange ever.. his CEO asked for listing fees up to $2.4M last year.. Despite it was proven the emails came from BInance, CEO still said that could be a dishonest worker form Binance.. Then tried to cleam their reputation saying listing fees will be donated..  pathetic!
Binance wont ever have enough money.. and they dont care to enter a pump&dump scheme if they can make much more money
member
Activity: 742
Merit: 10
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
legendary
Activity: 1204
Merit: 1028
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.
member
Activity: 742
Merit: 10
well btt is also a member of a pump and dump team  Grin with the supply of 990,000,000,000  where do you think it will go..hoping that the investor will exit on this token
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
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.
hero member
Activity: 1358
Merit: 509
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.  Wink
sr. member
Activity: 1176
Merit: 265
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.
legendary
Activity: 2254
Merit: 1236
Heisenberg
Quote
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.
sr. member
Activity: 658
Merit: 256
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.
legendary
Activity: 3276
Merit: 2442
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
copper member
Activity: 336
Merit: 1
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
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
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.
hero member
Activity: 1876
Merit: 512
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
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
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.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
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.
hero member
Activity: 1106
Merit: 501
www.bitcoin.org
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.
member
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
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.
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