BTT

bought in a 22

bots are gone (for now anyway). nothing is being traded

you either have no real money, or no experience trading markets, because i've been making major dents in this chart with large buy/sell orders.

They are never gone, just resting...

Dear Mr whale, pls let a humble dolphin know if you're taking us up or down

ok, i'll drop some breadcrumbs about where this thing is going:
i've been buying this gradually all day because of the price suppression...no need to spike the chart, and difficult to do anything when it is quiet and we're in a short-term downtrend. i'm extremely bullish up to about 45 sats, then i expect a retrace and some sideways trading. by then, if btc doesn't do something momentous, we'll head back up to flirt with 50 UNLESS there is another big event that soaks up all the money.
protip: it is easiest to influence during periods of consolidation or around support/resistance...trading contrary to expectations can often lead to a leg up/down, so watch these areas when trading a hot coin. also, learn to ladder into and out of trades if you're not already doing this. one more thing, it is easier to enter/exit on a granular level if you trade the usdt pair and not the btc pair. good luck, dolphinbro

Test

Keep this on the dl

why would this continue upwards with such great resistance and failure to come near ATH; other than the fact we've been holding this "support" pretty strongly. Consider too the annoucement will likely be PR fluff,

This is gonna be the “surprise” celebrity for the BTT announcement

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fuuuucccccckkkk...is she going to market buy 10mil worth or something? She could afford it and show solidarity with a "loving" community.

Well it’s definitely her it all lines up. She’s pushing some ALS charity thing, that happens to be on valentines today. Today Justin Sun tweeted about this ALS charity. Obvs they made a deal where he tweets about her charity, and she tweets about BTT. It all makes sense. Why else would he pick Valentine’s Day? Valentines days happens to be the day this ALS charity is fundraising because it’s called a voice for love or some shit.

Anyways yeah 100% it’s her. It’ll probably be around 9 am Pacific time.

Sell the news it is then...

It’s making a nice retracement to the 70% sweet spot on muh fib. I won’t be surprised if price reverses at 9000 and makes another rally from there or it may even have bottomed out at the 61.8% level.

I’ve been waiting days to buy in at these prices.

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This aged badly..

do fib levels help in calling tops sharp upwards spikes in price on 5-15min timeframes? either way BTT will have another run by summer.

Is it going to pump before or after?

So long as one anchors the 100 and 0 percent levels properly, a fib can be used in any timeframe to identify possible retracment levels where price will reverse.

Damn I bought in around 0.0010000. Am I screwed?

its a question of 2-3 months before launch of bittorrent speed. its going to 2-4x by then on hype alone. if they have a working product...

Fuck, I don't know what to do.
Chart looks very good, but today is the 14th.

Set sell at 40 sats. Im trying to get out with some profit atleast

I'm waiting till evening west coast to see, if Suns shilling ain't working yet, it might not

It might dip down to .0008900USDT but, assuming CZ and Justin aren’t about to abondone the project, then that’s about as low as I see price dropping if BTT is indeed gearing up for a slow run and/or relatively quick rally to or above ATH. I’m buying at these levels and if I was sitting on a bag that has depreciated 10-20%, I wouldn’t be trying to sell right now.

But that’s just me.

Seeing as no one in crypto has a viable product yet, you best put your money on the most aggressive hype-machine on the market.

Its been hilarious watching him beta Vitalik on twitter the past week. Just relentless and doesn't give a fuck, those are the kind of guys who take companies farther than the tech potential should've.

Perhaps it was an exaggeration but I read that torrents accounts for 10-50(at times)% of internet traffic.

So if btt can capture just half of that market, btt will make up 5% of Internet traffic! Now, that may not sound like much, but that represents a volume of several bn usd daily.

i'm ignorant of how things are currently structured in the world of torrents. but it seems there are a few small altrusitic and industrious groups of pirates who keep it all afloat. Seeding older media, hosting space, etc. These things are expensive. I'm sure they would all like to see some repayment. Is this model mistaken?

Rundown on BTT?
What makes it different/special?

Of course. The bottom line is, if you don't pay for things they won't work

network effects, incentivization, and brand recognition. you might have missed the crypto mining boom but you can now make up for it by seeding torrents.

What? They giving you coin by seeding?

lol the whole point of torrenting is NOT TO PAY

this is a good pnd coin but don’t fucking hold it

Ok cool, thanks

its always the tradeoffs. your can't torrent what isnt available. you wont seed without incentives. i always delete torrent after i'm done. as i mentioned in the previous post. a vanishingly small percentage of participants keeps the activity alive. financial incentives will contribute to more media being available for longer. also sometimes its not between torrents vs walmart but rare vs popular. that which is otherwise not available, accessible, or even exists any longer.

dyor. bc i hardly know what i'm talking about. however this is an obvious use case for crypto and was mentioned in the satoshi whitepaper. also there are lower adoption hurdles.

yes and there are correlates with speed as well i believe

no such thing as free; somebody is paying just not you. we may find that hollywood may turn out to be the largest source for media files. charging per file beats subscription services.

>yes and there are correlates with speed as well i believe
Kak. I've got a shit 30kb/s upload speed so I'll get shit.

the only torrents that dont have people seeding them is rare porn and thats a very small fraction of the already small fraction of the american population that uses torrents

you'll have to be more specific. people? how many people. as storage and cost are directly proportional and storage is not infinite, tradeoffs must be made between the old and new. the rate of production of new media is exponential. i'm guessing your not much older than twenty of so. were you not you would notice all that older media that is missing. in fact i'd say that nobody cares about porn any older than a couple of years due to quality improvements. do you bother watching low res porn?

also you should zoom out. if you think america or the west is all that matters, then why are you in crypto at all. just as we have unequal access to the financial system, so do we have the funds to actually consume as much media as we please. this does not apply to the remaining 6 billion of the planet living on less than a $1 a day.

are you saying that old media is being replaced by new media? yes i will agree with you but BitTorrent isnt the platform for that. sometimes i bother watching low res porn if its my niche but porn is a pretty big player in the torrent space if you are trying to say that it isnt

i think you are being way to philosophical over btt dude it wont really have the life-changing effects that i think you are trying to get at

the rate that the rate of new media is being produced has been accelerating for some time which leads to tradeoffs being made. in addition to my previous comment about availability and variety of content. you cant torrent what is not available. seeding is the number one problem in the torrent space and always has been and will be until incentives change. i would argue that bittorrent is exactly the decentralized solution to cencorship of older media, as was intended. if you think that all that will to continue to be missing from the internet is low res porn, then you arent at all paying attention.

it is not a philosophical point but an economic one. a small fraction of western pop uses torrent because they can afford other options. not is not true the world over. go outside.

they said the same thing about bitcoin. bittorrent is the canonical example cited in the satoshi whitepaper. and i dont care if it changes the world. but it will sure as hell be good for 10x returns before summer.

so you mean to tell me that from now on hollywood will release their movies on torrents in exchange for btt?

perhaps after some time after inital release. do you really think those jews will let someone else profit from their IP? they already have everything they need.

wow dude and you never thought that if hollywood does that then people will continue what they have been doing for years of distributing the movie for free?

torrenting is NOT free; your just the one not paying. if all participants were equally involved in the procuring and distributing of old and new media, you might have a point. but that is not the case. small committed groups keep old files alive and that costs money. furthermore, currently demand is a function of novelty. fewer and fewer people store or seed older media. the reward for seeding goes to that participant with best speed, bandwidth, and uptime. so IF hollyweird decides, or is rather forced, to seed files for residuals then YOU won't be able to complete with them. And casual participants wont be able to afford to store or seed the ever growing cache of media already produced nevermind newly generated.

Going to 30 and onwards to 40 in a week. Whatever you do, you hold this coin for longterm. Gonna make you rich. This is trx before the bullrun.

if i were a gambling man, and i am, this is as good a bet as any. also we'll know by summer.

What's the market cap of this thing right now?

considering that seedbox are dirt cheap, and that internet connection is standard in households and that internet connection speeds are going up as years progress the price of torenting is almost null

so the cost of storage and distribution are low. but when incentives create competition, who wins in a war of economies of scle? random user or hollywood? also, it may be cheap enough but where is the incentive to seed anything other the newest most popular files? you think someone tasked with seeding the majority of files on the network will pay to save yet another obscure file just in case someone wants in 5 years? a small group handling 90% of the workload is no match for a truly global distributed network of participants.

down sideways down sideways up down sideways down down up down down sideways

Would just like to jump in that I've come about quite alot of old dead torrents that people have given up seeding.

Same. I tried downloading a film from the 90s, that has reasonably famous actors, the 1080p version of it has 2 seeders and is stuck at like 93%

>Same. I tried downloading a film from the 90s, that has reasonably famous actors, the 1080p version of it has 2 seeders and is stuck at like 93%
Just have to keep it going and hope they switch on their PC's some time.
Another problem is by default torrent clients are set to have 10 active torrents.
You can increase that but that just cause your download and uploads to be heavily divided taking centuries.
Lots of people have really low upload relative to download so having your upload divided to ridiculously slow trickles.
Your torrent could take a year for all you know stuck at 93% now.
Myself for example like to seed but I've got slow 2mb speed and the upload is a ridiculous 20kb/s. Put that across 10 torrents and you've got 2kb/s which isn't helping anyone really.

i like to seed all over your mum how do you like that

>i like to seed all over your mum how do you like that
You'd struggle to get it up to my 65 year old mom but go ahead