Review on BitTorrent by Mr Benji

Name: BitTorrent
Item: BitTorrent
Rating: 3

March 11, 2019

- Hype is the biggest price driver in cryptospace there will be bleeding after…

- Hype is the biggest price driver in cryptospace there will be bleeding after hype
- Getting into project that binance is launching nice but I will not recommend holding
- More project will use binance and the older tokens will be forgotten 
- If you believe in the project put some money in but I don't believe price will be bigger in 2022 than it's now 
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Updated 6 years ago

Rating has not been changed

Bittorent is moving forward however still a lot of people don't like it. Calling it just a money cow for Justin Sun. Despite those people, they are doing some stuff is this good or just a piece of empty news? 
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Highlights:
- Tron Announces BitTorrent-Based IPFS Variant Decentralized File System Protocol
- BitTorrent, Tron Launch Crypto-Powered 'Speed’ Downloading Software
- BitTorrent to Release P2P Social Media App BitTorrent 
- BitTorrent Partners with CoinPayments to Launch Support for Native BTT Token
	
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Pros

- Very hyped and well known project backed by Justin Sun, Tron and Binance CZ - Listed on binance and lot of other exchanges = high volume - HYPE - Already made big profits don't fomo in - Big exposure - The project have a lot of users but the use case and quality of the project not always correlate with the price

Cons

- Very big total supply the price can tank significantly in next few years - public sale only 6% of total supply - 20% tokens of total supply will be airdropped - Projects that are lunched on binance are having very good roi but overtime they are dining because they have its peak during public sale. (Gifto and Bread) - In 2022 supply will be almost 10x bigger than now