I'm reading the feed and constantly seeing the buzz around BitTorrent Chain (BTTC). Honestly, I don't quite understand where the confidence comes from among many that this will definitely yield "big x" and huge profits.
What is the basis for all this optimism?
Even if we assume that the project has a chance for growth, doesn't anyone think about the most obvious scenario? What will happen if the price really starts to rise — large holders will simply start taking profits.
And there are people who once bought millions of coins literally for $5–10. It’s logical to assume that with any serious growth they will cash out, which could create a huge sell-off in the market.
So I’m really curious:
is this all based on some fundamental facts and project development, or is it just another crypto fairy tale that the crowd is fueling in hopes of easy x's? #BTTC $BTTC
What is the basis for all this optimism?
Even if we assume that the project has a chance for growth, doesn't anyone think about the most obvious scenario? What will happen if the price really starts to rise — large holders will simply start taking profits.
And there are people who once bought millions of coins literally for $5–10. It’s logical to assume that with any serious growth they will cash out, which could create a huge sell-off in the market.
So I’m really curious:
is this all based on some fundamental facts and project development, or is it just another crypto fairy tale that the crowd is fueling in hopes of easy x's? #BTTC $BTTC