For those of you keeping score at home, that is about $3 trillion in 2023 dollars and more than the entire market cap of the blockchain ecosystem. In the year 2000 alone, nearly $1.75 trillion in technology market capitalization evaporated. Will BitTorrent replace / surpass / overtake Bitcoin According to our predictions, this wont happen in near future. BitTorrent coin (BTT) is a token on Tron’s blockchain, using Tron’s TRC-10 token standard.
No surprise that market valuations plunged and many of the generously funded companies involved went bust. The cryptocurrency BTT is BitTorrent’s native cryptocurrency and is a TRC-10 cryptographic token, based on the Tron blockchain. In fact, total e-commerce (of the consumer web-browser kind) reached $105 billion in 2005. BTT reached its all-time high of 0.01426 on Sunday. The token is used to prioritize file sharing to those who pay file sharers in BitTorrent coin. BitTorrent (Old Chain) is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum. Bold predictions made at the peak of the dot-com boom by major investment banks, academics and forecasting firms said that between $4 trillion and $6 trillion in online commerce would take place annually by 2005. What Happened: BitTorrent (BTT) traded 69.89 higher at 0.0128 at press time and has gained as much as 258.41 on a seven-day trailing basis. BitTorrent coin (BTT) is a token on Tron’s blockchain, using Tron’s TRC-10 token standard. Back in 1999, about $350 billion in digital online transactions occurred and most of that was using legacy B2B systems such as Electronic Data Interchange (EDI), not consumer e-commerce from a web browser. Both industries saw huge growth in investment and valuations based on seemingly impossible promises of future capability. If not, clip in and try to have some fun because this is going to be our very last crypto. The parallels with the dot-com boom and related bust are worth remembering.
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