Bittorrent #BTT is on fire with over 1500% gain since its ICO of $0.0001 to $0.0012 as of this posting. This is crazy beyond technical analysis. I have not had this much excitement and gain since Bitcoin #BTC even in an extended crypto bear market with the potential of BTC going further downside under $3,000.
What is the hype about BTT driving this brand new token to the moon? Here's a few things to keep in mind moving forward. Tron's #TRX whitepaper is to built a decentralized internet. Tron bought Bittorrent in 2018 for $126 million. In 2019, Tron tokenized Bittorrent and created the BTT token with an initial ICO that was sold out in less than 15 minutes at $0.0001. Bittorrent has over 100M users on a monthly basis. Imagine a tokenized and decentralized internet platform like Netflix, Youtube, Google, and Facebook combined. The BTT tokenized network will encourage content creators and users to migrate to the BTT ecosystem and get paid instantly by BTT token for its content and users paying for superfast instant downloads of movies, musics and files on the BBT network. When this happens, TRON has accomplished it's goal as stated in the whitepaper by creating a decentralized internet and taking the monopolistic power from Google and Facebook, etc.
Also, Tron #TRX will airdrop free BTT to TRX holders (ratio of 1 TRX = .11 BTT) every month on the 11th for the next five years staring next week Monday, February 11, 2019.
What is Bittorrent? If you have never heard of or used Bittorrent before, the simple answer is, Bittorrent is a peer-to-peer file transfer protocol for sharing large amounts of data over the Internet, in which each part of a file downloaded by a user is transferred to other users. Bittorrent has been in use since 2001 with over 100 million concurrent users at any time . What do you get when you put together a decentralized peer-to-peer network with a tokenize Internet ecosystem? "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." Bitcoin: A Peer-to-Peer Electronic Cash System; by Satoshi Nakamoto
Suggested readings: www.bittorrent.com
What is the hype about BTT driving this brand new token to the moon? Here's a few things to keep in mind moving forward. Tron's #TRX whitepaper is to built a decentralized internet. Tron bought Bittorrent in 2018 for $126 million. In 2019, Tron tokenized Bittorrent and created the BTT token with an initial ICO that was sold out in less than 15 minutes at $0.0001. Bittorrent has over 100M users on a monthly basis. Imagine a tokenized and decentralized internet platform like Netflix, Youtube, Google, and Facebook combined. The BTT tokenized network will encourage content creators and users to migrate to the BTT ecosystem and get paid instantly by BTT token for its content and users paying for superfast instant downloads of movies, musics and files on the BBT network. When this happens, TRON has accomplished it's goal as stated in the whitepaper by creating a decentralized internet and taking the monopolistic power from Google and Facebook, etc.
Also, Tron #TRX will airdrop free BTT to TRX holders (ratio of 1 TRX = .11 BTT) every month on the 11th for the next five years staring next week Monday, February 11, 2019.
What is Bittorrent? If you have never heard of or used Bittorrent before, the simple answer is, Bittorrent is a peer-to-peer file transfer protocol for sharing large amounts of data over the Internet, in which each part of a file downloaded by a user is transferred to other users. Bittorrent has been in use since 2001 with over 100 million concurrent users at any time . What do you get when you put together a decentralized peer-to-peer network with a tokenize Internet ecosystem? "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." Bitcoin: A Peer-to-Peer Electronic Cash System; by Satoshi Nakamoto
Suggested readings: www.bittorrent.com
Will this BTT TRX hype go away anytime soon? No, not for a while, which means BTT still has huge upside potentials.