Tron’s Adoption Drive Not Paying Dividends? TRX Meltdown

Tron prices bearish, on a downtrend, retesting main support
BitTorrent partner with TronCard via Grid as they drive towards adoption
Transaction volumes shrink 50 percent from averages of 16 million to 8 million

It’s all about adoption, and as Tron Foundation strike partners, BitTorrent is partnering with TronCard. Users will carefully spend their TRX spurring demand especially if the application is seamless. It is the necessary building blocks needed for TRX to rally from 2.3 cents to 6 cents.
Tron Price Analysis
Fundamentals
For cryptocurrencies and digital assets to make waves, then coin expenditure is mandatory—not just holding. As rightful owners of BitTorrent, it is good news that TronCard is partnering with BitTorrent days after a successful ICO and consequent listing at various exchanges.
TronCard runs via Grid, a new concept designed specifically for prepaid cards. In this arrangement, a user receives a TronCard preloaded with TRX just like they would have a regular credit or debit card. However, unlike other cards, owners receive interest ranging between 2.5 percent and 3.5 percent of their total TRX holdings.
The card is technically a Tron wallet with a Poppy interface. As a result, TronCard is a simple yet powerful and versatile option for everyone promoting cryptocurrencies and their eventual adoption. With Grid—a product built on the Tron platform, integration, not only will users enjoy a smart wallet and anonymity, but there will be the comfort of using a secure wallet that is regular–but better– than the mainstream.
Candlestick Arrangements

It is highly likely that TRX is re-calibrating and shaking off the pumping effect of late Jan 2019. At spot rates, the coin is changing hands at 2.3 cents and down 8.4 percent from last week’s close. Because of sellers pressing the gas pedal in the last few days, TRX prices are back to our main support line and could even break below the lows of the double bar bull reversal of Jan 20-21.
From our last TRX/USD trade plan, we said such an event could trigger losses towards 2.1 cents completely invalidating our overall bullish stance of TRX.
Ideally, what we want to see is a recovery above 3.1 cents—Jan 27 highs as bulls of late Dec and throughout Jan are confirmed. After that, it is likely that the bull breakout pattern of Jan 8 will hold as prices snap back to trend rallying above 4 cents and above 6 cents.
Technical Indicators
With every low, participation levels shrink—averages are down from 16 million of late Jan to around 8 million as registered on Feb 13. If anything, this is negative, and all that we need for bull trend resumption is an injection of buy demand pumping prices above 3.1 cents with high trade volumes exceeding 42 million of Feb 4.
The post Tron’s Adoption Drive Not Paying Dividends? TRX Meltdown appeared first on NewsBTC.
Source: New feedNewsBTC.com

Tron’s BitTorrent [BTT] hikes by a whopping 18%; airdrop concludes

The major coins on the CoinMarketCap are proving their mettle to be a part of the top 10, while the other coins are trying to fight the raging bear. BitTorrent [BTT] is one such coin that is trying to handle the heat of the market and succeeded in registering tremendous growth by registering a growth of over 18% in the past 24-hours.
Source: Trading view
At the press time, the coin was valued at $0.0009 with a 24-hour trading volume of $199 million. The coin reported a growth of 18.59% over the past 24 hours and is currently growing by 0.50%, however, BTT has registered a massive fall of 11.99% over the past week.
The coin was highly traded on UPbit with BTT/KRW pair and the registered volume was $76 million. UPbit was followed by Binance for acquiring the second and the third position with BTT/USDT and BTT/BTC pairs. The volumes registered by each of the pairs was $66 million and $39 million, respectively.
The reason for this hike could be due to the airdrop by Tron foundation and BitTorrent Inc. which was set to distribute 1.1% of the total token supply of 990,000,000,000 or 10.89 billion BTT. This total BTT was going to be distributed to the Tron hodlers. As per Ethereum World News, there was going to be an influx of roughly 2,400 BTC  worth of token in the market, according to the value of the token at the time of airdrop.
As per the publication, traders had predicted two scenarios for the token’s reaction in the market post airdrop. Firstly, the immediate influx of BTT from the airdrop could cause tremendous selling that would impact the value of the token negatively. Secondly, crypto exchanges and wallet responsible for the distribution could require time to process all transactions relating to the airdrop and this would enable BTT to thrive in the market as traders get more interested.
The post Tron’s BitTorrent [BTT] hikes by a whopping 18%; airdrop concludes appeared first on AMBCrypto.
Source: AMB Crypto

BitTorrent Token Airdrop Completes, BTT Jumps 10%, TRX Falls

There is no better way to garner attention for a new crypto token than to give it away. The Team at the Tron Foundation are experts at marketing and have widely promoted the BitTorrent token and a series of airdrops, the first of which has just been completed.
Over 10 Billion Tokens Distributed
Yesterday Justin Sun took to twitter to announce the long awaited airdrop for TRX holders;
“The largest and longest airdrop in the cryptocurrency history will begin shortly. We have taken the snapshot for all #TRON accounts and ideally we will send #BTT to #TRX holders in next 24 hours.”
The official announcement said that TRX held on supporting exchanges and cold wallets would be legible to receive BTT. The ratio of BTT airdropped is 1 TRX = 0.1097681177 BTT, with 1.1% of the total supply to be distributed. A further 990,000,000 BTT will be airdropped on March 11 and an incrementally increasing amount on the eleventh of every month until 2025.
The release also warned about a number of fake social media accounts falsely claiming to be BitTorrent. A few hours later another tweet added that the planned process of 48 hours only took 4 and 10.8 billion tokens had been distributed;

We have sent out 10,856,613,707 #BTT to #TRX holders, which means 99.69% completion rate! We plan to finish the airdrop in 48 hours but it seems we have done it in 4 hours thanks to the fast speed of #TRON blockchain! #BitTorrent #TRON $TRX $BTT https://t.co/Kr5e1yFzJw
— Justin Sun (@justinsuntron) February 11, 2019

This was shortly followed up by another message confirming that the airdrop had been completed;

We have done the airdrop so please check your wallet&account! Really appreciate the support from #TRON and #BitTorrent community! See you in the airdrop next month! The airdrop for next month will soon be released! #TRX $TRX #BTT $BTT https://t.co/Kr5e1yFzJw
— Justin Sun (@justinsuntron) February 12, 2019

At the time of writing however the BTT tokens had yet to display for TRX account holders using Binance which had some technical issues yesterday. The ever alert Sun reassured his hodlers;

The BitTorrent Foundation completed $BTT Airdrop for $TRX holders. If your tokens are on an exchange or a wallet supporting our airdrop program they are on their way. Please be patient, it may take some time given the volume airdropped
— Justin Sun (@justinsuntron) February 12, 2019

BTT and TRX Market Reaction
According to Coinmarketcap BTT has jumped 11% on the day in USD terms and 12% against Bitcoin. It is currently trading at 26 satoshis, 73% higher than what it was at inception. Binance has over 50% of the total trade but Upbit is currently the top fiat exchange with 35% of the daily volume as Koreans load up in KRW.

Tron however has taken the opposite path and fallen back dropping 4.7% on the day as crypto markets pull back from their weekend pump. TRX is currently trading at $0.024 (673 satoshis), which is down 8% on the week but 30% higher than it was at the beginning of the year. Tron has been one of 2019’s top performing crypto assets alongside Litecoin and Binance Coin. It has held on to eighth place with a market cap of $1.6 billion, $400 million behind Tether.
Image from Shutterstock
The post BitTorrent Token Airdrop Completes, BTT Jumps 10%, TRX Falls appeared first on NewsBTC.
Source: New feedNewsBTC.com

BitTorrent Token Airdrop Takes Off Today, Here’s What We Know About It

CoinSpeaker

BitTorrent Token Airdrop Takes Off Today, Here’s What We Know About It

Tron will start distributing its BitTorrent Token in airdrops, to its TRX holders through the Binance Launchpad platform. The Tron Foundation plans to airdrop tokens for the next six years up to February 2025.

BitTorrent Token Airdrop Takes Off Today, Here’s What We Know About It

Continue reading at Coinspeaker
Source: CoinSpeaker

Tron Price Analysis: BitTorrent Paying Dividends, TRX Suppressed

Tron prices steady but under heavy sell pressure
BitTorrent surge 1,000 percent days after ICO
Transaction volumes low but likely to increase

Even with sellers threatening to reverse gains, TRX is stable above a critical support level as it trades within a bullish breakout pattern. With BTT rising demand and astronomical volumes, TRX will be the main benefactor.
Tron Price Analysis
Fundamentals
BTT is finally retracing allowing more investors as well as believers to “catch” the token at a discount. While the ride may just be starting, it is the right time for traders to get off the bull ride and re-load. That means fine-tuning entries in lower time frames and preparing for the next leg up, a reminiscent of the now distant glory of late 2017.
It will also be another opportunity to pile up profits despite BTT ballooning 1,000 percent a few days after launch. These price swings show how shrewd and ingenious the Tron Foundation and Justin Sun were when they sunk in $120 million, gambling with a law-breaking protocol.
Early—but limited adopters–are now reaping benefits. Besides, there is a contagion effect, and TRX–whose owners will receive airdrops in the next six years, will undoubtedly receive a boost as BTT demand increase.
Candlestick Arrangements

Currently, TRX is changing hands at around 26 cents, but prices are all over. Because of BTT bull injection, we expect TRX to expand. However, prices remain steady above 2.5 cents and trending below pre-ICO rates.
All the same, our medium-term trajectory has been set, and as long as bulls maintain TRX prices above 2.5 cents, every low should be a buying opportunity for risk-off traders aiming at 4 cents. If not, and TRX prices slide as dropping BTC prices weigh negatively on BTC, then traders ought to exit their longs once bears breach 2.3 cents–the lows of the double bar bull reversal pattern of Jan 20-21.
Before then, risk-averse traders should set up their trades as laid out before. Triggers remain at 3.1 cents or Jan 27 highs, and upon activation, targets will be modest at 4 cents and later 6 cents.
Technical Indicators
Volumes are thin but rising. As expected, participation levels dropped at Feb 4 upswings—42 million versus 17 million. All we need is a confirmation of this bull bar with heavy sell pressure—notice the long upper wick. Lifting prices above 3 cents confirming Feb 4 bulls should be high volumes exceeding recent averages of around 15 million and 42 million of Feb 4. Those will be the hallmark of bulls hinting of resumption.
The post Tron Price Analysis: BitTorrent Paying Dividends, TRX Suppressed appeared first on NewsBTC.
Source: New feedNewsBTC.com

Tron Price Analysis: TRX—BTT Inverse Relationship, Demand Taper

Tron prices in range mode but bullish
BitTorrent benefiting from BTT hype
Transactional volumes low despite yesterday’s upswings

Although TRX prices are retracting from yesterday’s highs, it stands to benefit from the BTT demand. At the time of writing, TRX is down 1.4 percent from yesterday’s close, but as long as prices are above 2.5 cents, aggressive traders can initiate trades on every dip. Modest targets will be at 4 cents.
Tron Price Analysis
Fundamentals
BitTorrent is and will continue to be a game changer for Tron. Backed by a relentless co-founder and a visionary team, Tron is slowly but surely changing the blockchain landscape. Note that, they were successful in their crowdfunding, raising $7.2 million in 18 minutes. All the same, critics claim the ICO was unfair, favoring deep pockets.
However, with an airdrop for those who placed buy orders but missed out, there has been a recompense of some sorts. It has been even made better by BTT prices surging with coin trackers indicating that BTT market cap stands at $150 million.

Each BTT token is trading at $0.001065 at the time of writing meaning it is up on average 42 percent against BTC and TRX. At that level, the BTT’s valuation exceeds Tron’s initial acquisition price said to be at $120 million.
Candlestick Arrangements

With favorable price action and solid fundamentals, TRX is reaping huge benefits from the hype—and surge around BTT. Though the 42 percent rise is yet to be replicated by TRX, bulls appear to be in control. Like in our latest TRX/USD price analysis, every dip should be a buying opportunity for both sets of traders.
The rule applies as long as prices are trading above 2.5 cents—our immediate support level. Aside from solid fundamentals, our stance stems from favorable candlestick arrangement and the resilience of Jan 14 and 21 bull bars rejecting lower lows. Note that behind these bars were high transaction volumes above recent averages of around 15 million.
Technical Indicators
To reiterate, buyers are in control. Because every dip should be a buying opportunity for risk-off traders, conservatives should wait for confirmations. That means prices above 3.1 cents or Jan 26-28 Evening Star pattern should be pumped by high transactional volumes exceeding Jan 4’s 47 million. Only then will they be free to buy on dips with first targets at 4 cents.
The post Tron Price Analysis: TRX—BTT Inverse Relationship, Demand Taper appeared first on NewsBTC.
Source: New feedNewsBTC.com

Tron Price Analysis: BitTorrent Speed Set For Q2 2019, TRX Outperforms

Tron price vibrant, adds 4.7 percent in the last day
BitTorrent Speed to reward and incentivize users
Participation on the rise, bulls in control

A combination of favorable candlestick formation and fundamentals mean TRX is a top performer in the last day. The coin is up 4.7 percent and looks likely to expand towards 4 cents in coming days validating our previous TRX/USD trade plans.
Tron Price Analysis
Fundamentals
Behind Tron is BitTorrent. Billed as the world’s largest peer to peer network, it is more than software. BitTorrent is a protocol complete with 170 million users on a monthly average. After a successful acquisition, the protocol is now under Tron, and after successful tokenization and crowdfunding off Binance Launchpad, Tron and BitTorrent Foundation plan to roll out a new product. Dubbed BitTorrent Speed, it shall operate according to the tenets of BitTorrent and BTT—that of rewarding and oiling a token economy.
“BitTorrent Speed is a new product that rewards BitTorrent users with BitTorrent (BTT) in exchange for seeding and bandwidth, enabling faster downloads on BitTorrent products.”
The product will launch on the “µTorrent Classic Windows client.” Before then, users will have the option of purchasing the facilitating, TRC-10 utility token not only from Binance or Kucoin but from CoinTiger, UpBit, OkEx, and BitBNS. BitTorrent Speed will launch in Q2 2019.
Candlestick Arrangements

So far, TRX is the top performer after adding 10 percent in the Asian session. Prices have since cooled off but in line with our previous TRX/USD trade plans. All the same, it is up 4.7 percent in the last day meaning it is a top performer in the top 10.
From recent TRX/USD price analysis, we had maintained that bulls are in control within a bull trade out pattern as long as prices trend above 2.5 cents. Our assertion was for aggressive traders to buy on every dip while risk-averse traders should wait for a clear close above the inverted hammer of Jan 27 at 3.1 cents.
Since risk-off traders are in green, our trade plan remains valid, and we expect BTT induced pump to thrust TRX prices above 4 cents and later 6 cents.
Technical Indicators
Like before the trend is bullish and with an influx of bulls earlier today, we expect buyers to sustain this pump. However, for risk-averse traders to initiate positions on dips, there must be a high-volume bullish candlestick pattern driving prices above 3.1 cents. Accompanying this bull bar should be volumes exceeding Jan 14’s 50 million.
The post Tron Price Analysis: BitTorrent Speed Set For Q2 2019, TRX Outperforms appeared first on NewsBTC.
Source: New feedNewsBTC.com

Binance Launchpad to Host Yet Another Token Sale, Now It’s Time for Fetch.AI to Set Records

CoinSpeaker

Binance Launchpad to Host Yet Another Token Sale, Now It’s Time for Fetch.AI to Set Records

The Fetch AI token sale will start on February 25 on Binance Launchpad. The price will be announced on the day of the launch and set in Binance Coin (BNB).

Binance Launchpad to Host Yet Another Token Sale, Now It’s Time for Fetch.AI to Set Records

Continue reading at Coinspeaker
Source: CoinSpeaker

Binance Partners Simplex to Allow for Credit Card Purchases of Major Cryptos

CoinSpeaker

Binance Partners Simplex to Allow for Credit Card Purchases of Major Cryptos

Binance has partnered with Simplex in a move that is seen to bridge the gap between digital and fiat currencies enabling credit card holders to purchase major cryptos directly.

Binance Partners Simplex to Allow for Credit Card Purchases of Major Cryptos

Continue reading at Coinspeaker
Source: CoinSpeaker

BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning

CoinSpeaker

BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning

Bittorent token (BTT), together with Binance coin (BNB) and Bitcoin (BTC) trading went live on Binance, one of world’s largest and most popular crypto exchange, which has an exclusive agreement with Tron’s Justin Sun, on 31th of January at 10 UTC.

BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning

Continue reading at Coinspeaker
Source: CoinSpeaker

Tron [TRX]’s Justin Sun on the problem with BitTorrent protocol, says “everybody is seeding on good will”

The cryptocurrency market has been fighting the bear since the beginning of the new year. However, the only coin that has been performing well amidst the bear attack is Tron [TRX]. The coin has been soaring high amidst the ravaging bear and has managed to achieve many small goals set by the community for their preferred coin. At the time of press, Tron that was once the tenth largest coin on the CoinMarketCap list has moved up the ladder to become the eighth largest coin.
Tron foundation’s Chief Executive Officer [CEO] and founder, Justin Sun informed that Tron’s transactions have reached 2000 TPS which is 200 times more than eCRM, in an interview with CNBC. The host quizzed Sun, saying the organization achieves this speed by using Proof-of-stake, which is similar to EOS’s model, which was questioned largely by the critics over compromising on decentralization and Tron has 27 validators, to which Sun said the word decentralization needs to be defined first.
According to Sun, Decentralization is not something that is controlled by a single party as for Tron, the 27 validators have equal rights and are elected by the people. Sun also clarified that like any other authority, even the validators can approve the nodes or even who runs for the elections. Sun said that there is “no-entry barrier, which is different from EOS”.
The founder also discussed Tron-based BitTorrent token [BTT] that will be integrated with the popular file-sharing platform BitTorrent tomorrow, and the users will be awarded for sharing files. In the interview, Sun confirmed that he has paid $140 million for the peer-to-peer sharing platform and also talked about the future of BitTorrent. Sun Said:
“BitTorrent has been around since 2003. This is a very successful P2P network responsible for P2P file sharing. At the same time, it has more than 100 million active users around the world – basically, monthly active users.”
Sun talked about the problem with the BitTorrent protocol is that people are seeding on good will. He added:
“So there’s no reward for the seeding at all. So with lots of the software that uses the BitTorrent protocol, it actually helps you to disable the uploading when you’ve finished downloading. So that’s why we want to provide this new way with tokens to incentivize people who are seeding the files.”
Sun, when asked about the possibility of Tron blockchain to handle all the transactions required to incentivize users on BitTorrent, said that the foundation is creating a payment network side-chain that will process thousands of micro-transactions and will late record these transactions on the Tron blockchain.
The post Tron [TRX]’s Justin Sun on the problem with BitTorrent protocol, says “everybody is seeding on good will” appeared first on AMBCrypto.
Source: AMB Crypto

TRON and Binance Optimistic on BitTorrent But Analyst Says it Could be Overplayed

Ethereum rival smart contract protocol Tron recently announced that it would be working with established file sharing platform BitTorrent. The idea behind the partnership is to allow users to pay for an optimised service and other features using the newly created BitTorrent Tokens (BTT).
Leading cryptocurrency exchange Binance has been working with Tron and BitTorrent to launch BTT and the speed with which the initial token sale round has sold out has those involved excited. However, one analyst believes that Tron’s crypto integration is a desperate move to revive a dying platform by riding on the optimism surrounding digital assets.
Just How Many BitTorrent Users are There Anyway?
BitTorrent announced the creation of the BitTorrent Token at the beginning of this month. The news has been largely greeted with optimism from the cryptocurrency community and the price of Tron (TRX) tokens has been bucking the general trend in cryptocurrency markets by moving upwards where other assets are trading sideways.
There is certainly a lot of hype around the first round of the BTT token sale that has already sold out on Binance Launchpad. In an effort to generate even more excitement from the cryptocurrency community, the companies involved have arranged a series of airdrops of BTT tokens to occur over the next 12 months.
Excited by the token sale’s performance so far and keen to take as full advantage as possible of Tron’s exposure to an established user base, both Justin Sun (founder of TRX) and Binance CEO, CZ, have taken to Twitter to promote the airdrop:

For those didn't get #BTT in the public sale, stay tuned for the #TRX airdrop! Own $TRX will secure your chance to get $BTT! #TRON #BitTorrent
— Justin Sun (@justinsuntron) January 28, 2019

Due to overwhelming demands, Tron team generously agreed to do a small airdrop for people who tried to place orders, but was not successful in buying. Exact numbers will be published soon.
— CZ Binance (@cz_binance) January 28, 2019

However, not all analysts share the two entrepreneurs’ optimism for the BitTorrent Tokens idea. Tomas Schultz, the co-founder and CEO of the cryptocurrency wallet management application, Cha-Ching, Tweeted his reservations earlier today:

Unpopular Opinion:
BitTorrent isn’t huge
Pirating games/videos have become increasingly useless with free to play models/streaming
It’s old tech being disguised a sexy advancement for crypto
— Tom (@ThomasSchuIz) January 28, 2019

After a few more scathing critiques of the scheme below his original Tweet, Schultz summed up his position. He stated that the idea would not be anywhere near as successful as those involved hope, based largely on the fact that BitTorrent is not as user-friendly as it could be. Additionally, the software developer stated that BitTorrent had not moved with the times and was not relevant to “modern trends.”
Shultz also included a graph of BitTorrent usage to highlight his point. Amusingly, he captioned this as proof-of-nobody-gives-a-f**k.

Final words:
1. BitTorrent is confusing from the random person’s perspective
2. Torrenting in general needs a better UX
3. Torrenting needs updates that cater towards more modern trends
The purpose of the post is all in the perspective of large scope value to avg people
— Tom (@ThomasSchuIz) January 28, 2019

Given the level of excitement amongst those involved in the airdrop and token sale, Schultz’s critique was greeted with some objection:

Everything u say here could be related to bitcoin you understand that right lol. Bitcoin is confusing. Bitcoin could be faster & more understandable. Bitcoin could use some updates. BitTorrent is for files as bitcoin is for not sure how u don’t see that.
— Crypto Tone (@Crypto_Tone1) January 28, 2019

Other users were quick to point out that BitTorrent and Tron reportedly have plans to launch a streaming platform. This, for them, could serve to engage with a fresh user base – particularly given how streaming services have largely replaced the once-popular peer-to-peer file sharing model for the average user.
However, Schultz is not convinced by these efforts and maintains that the platform will remain a niche one with limited users.

Torrenting has its niche use cases (i.e people in the comments), however for it to see any form of large scale usage (avg people have brand recognition) – it must be better than what’s currently out there & also maintain its core values
The reality is there’s better alternatives
— Tom (@ThomasSchuIz) January 28, 2019

For now, we will have to wait and see if cryptocurrency integration into BitTorrent will see an influx of new Tron users or whether it will be as disappointing as other partnerships in the space have been.
 
Related Reading: Pornhub to Accept TRX While Tron Buys BitTorrent for $118 Million
Featured Image from Shutterstock.
The post TRON and Binance Optimistic on BitTorrent But Analyst Says it Could be Overplayed appeared first on NewsBTC.
Source: New feedNewsBTC.com

Binance Launchpad “Mismanages” BitTorrent [BTT] Token Sale, Community Unhappy

With all the excitement build up around BitTorrent token sale, Binance Launchpad had an amazing to prove itself as the best token launching platform. But unfortunately, the platform flustered at a crucial moment leaving the community unhappy.
Not many people could subscribe to the ICO
As the token sale was one of the popular ones, a lot of excitement was built around it and a lot of investors wanting a piece of the total 54 billion tokens that were to be sold. While Binance Launchpad seemed to have all the exclusive rights to carry out the proceedings of the BitTorrent ICO, things didn’t seem to have gone the way Justin Sun or CZ would have had wanted to go.
Although the ICO went through, the Binance Launchpad platform faced an overload experience. The platform was bottlenecked even with underestimated demand and the same was reported by CZ using his Twitter account

Damn, no matter how much you prepare, still have bottleneck issues. Even the caching of caching was over loaded. Still under estimated demand.
— CZ Binance (@cz_binance) January 28, 2019

Sorry for the overloaded experience. And thank you for your support! Some issues, will fix for the next one.
— CZ Binance (@cz_binance) January 28, 2019

CZ further went on to mention that it took 18 minutes to conclude the ICO due to some system issue which otherwise would have just taken 18 seconds, clearly admitting to

Both sessions concluded. Took about 18 minutes, due to a system issue, would have taken 18 seconds otherwise. Demand was astronomical.
— CZ Binance (@cz_binance) January 28, 2019

The issue that most users faced was caused by the “user agreement confirmation” button caching/locking. CZ also mentioned that most of the stress tests by the team before the ICO was focused on the buying process and this button issue was not covered thoroughly enough.

the button did not work for 10 minutes, but from the very first minutes it was shown that 28% sold, if the button did not work for everyone, how is this possible?
— Алексей (@he090279kap) January 28, 2019

Full transparency. The issue experienced today was caused by the "user agreement confirmation" button caching/locking. Most of the stress tests focused on the buy process, this part was not covered thoroughly enough. The order of requests received was preserved.
— CZ Binance (@cz_binance) January 28, 2019

While this was a purely technical issue, it did not go well with the investors waiting eagerly for the BitTorrent ICO. These investors shared their displeasure with CZ

Was very bad experience in BTT ICO.Couldn't get any single BTT.
— Sikandar Bakhit (@sikandarmks) January 28, 2019

You should of let us agree terms and enter catchpa during the session before the countdown was 0. Because what your basically saying is of all the tokens sold nobody actually read the T&Cs as it would of been impossible. Therefor nobody complied!!
— Tuka (@sphud) January 28, 2019

Some subscribers were stuck at the blank screen

Sorry, but it sucked, this is what I was observing all those minutes pic.twitter.com/OzFXCejFgN
— I'am just a number (@iamjustanumber8) January 28, 2019

According to another twitter users, it was only 339 investors that bought the whole ICO

@cz_binance this ico was a mess. Captcha not working, 339 investors buying everything
— Mehdi Abou (@Mehdi__Abou) January 28, 2019

Tron to have airdrops for those who missed out
With the community backlashing the mismanagement of the ICO, the Tron team decided to do a small Airdrop for people who tried to place orders but was not successful in buying. The total number and other details were not disclosed as of now

Due to overwhelming demands, Tron team generously agreed to do a small airdrop for people who tried to place orders, but was not successful in buying. Exact numbers will be published soon.
— CZ Binance (@cz_binance) January 28, 2019

Looks like Justin Sun is filling up the gaps that were created by Binance’s technical issues by giving some airdrops, but Binance needs to fix its platform if it needs to keep its launchpad working and getting more token launches on it.
 
Will Binance fix its glitches on its launchpad platform? Do let us know your views on the same
The post Binance Launchpad “Mismanages” BitTorrent [BTT] Token Sale, Community Unhappy appeared first on Coingape.
Source: CoinGape

Tron and Binance Coin Make Big Gains Ahead of the BitTorrent Token Sale

CoinSpeaker

Tron and Binance Coin Make Big Gains Ahead of the BitTorrent Token Sale

Binance Launchpad, the exclusive token launch platform of cryptocurrency exchange Binance, is launching the token sale of BitTorrent (BTT) on January 28, 2019, at 3 p.m. UTC.

Tron and Binance Coin Make Big Gains Ahead of the BitTorrent Token Sale

Continue reading at Coinspeaker
Source: CoinSpeaker

Tron [TRX] Crushing the Bear Market with over 10% Surge, Grabs 7th Position

With over 10 percent gains, Tron is leading the prices in the crypto market while defying the bears. This surge led Tron to briefly climb above Litecoin and Stellar. Meanwhile, according to the Dapp market report of 2018 by Dapp.com, Tron is the most ambitious in this field.
Tron Defying the Bear Market
Tron (TRX) is the only top cryptocurrency in the market which is green at the moment and that too by a good percentage. At the time of writing, Tron has been trading at $0.0297 with over 10 percent surge in the past 24-hours.

Tron price chart, Source: Coinmarketcap
This much surge in price took Tron briefly on 7th position, well above Litecoin (LTC) and Stellar (XLM). Tron founder Justin Sun took to Twitter to share this moment with the community as he said,
“According to CoinMarketCap, TRON ranked 7th, the price of TRX is $0.02990, market value reached $1.993B which exceeded that of LTC and XLM. Go TRON.”

Tron has surely got the attention of the crypto market as one trader shared,
“Tron is Looking good with plenty of volume looking to push higher Sats today. In over 21 years of trading Stock Options and Crypto I haven’t seen anything move like this in a Bear Market.”
Tron is also the top gainer of today, at least for now which is followed by Holo, Zilliqa, and Bancor that are up by about 5 to 8 percent.
Also, BitTorrent BTT is exclusive coming on Binance Launchpad Tomorrow as announced by Sun,

Tron Leading the Dapp Market as well
Apart from leading the crypto price market right now, Tron is crushing it in the Dapp market as well as stated by the 2018 Dapp Market Report by Dapp.com. According to this report,
“The booming betting dapp market was mainly contributed by EOS and TRON, the two high-speed DPoS blockchains built for decentralized apps.”
With the launch of $2 billion Project Genesis launched in the second half of the year, it has been the “most ambitious in the dapp field.” The report further mentioned the $100 million spent on TronArcade for the promotion of Dapp ecosystem which is further driven by the Super Representatives (SR) of the cryptocurrency.
“Many of the SR participants were formerly game developers, and we can expect more high-quality game production on TRON in 2019.”
It further noted that the early dapp developers of Ethereum are now moving to Tron like Ether Goo among other various “Farm Games (idle games).”
The post Tron [TRX] Crushing the Bear Market with over 10% Surge, Grabs 7th Position appeared first on Coingape.
Source: CoinGape