Why I'm investing in Bytom (BTM)
Bytom Official Twitter: https://twitter.com/Bytom_Official
Connects the atomic world.. offline and online space. Compatible with the UTXO model. Some members of the team have a successful track record in the crypto-space.
Solid Team
Chang Jia
The founder of 8BTC
Duan Xinxing
Former VP of OKCoin
There are more members on the team... not just names with faces.. but people with Masters Degrees in Computer Science and Software Engineering... long story short, I feel they have a solid team... a team that can grow Bytom, troubleshoot errors, build code and scale Bytom.
Bytom also uses smart contracts.
China has Economic Dominance
Although this picture is from 2011 and may not be entirely accurate, it gets the point across...
It's common knowledge that China has a massive population... and tons of money to pour into the crypto space.
Sleek website.
This aspect, although not as important as the coin's function itself is the one place people go to view about the coin. It's like the face of the coin to the world. Here I feel they've invested so much into their website that it shows this coin is important to them.
It's new.
New coins are far from adoption. This coin in particular is only on a few not-so-popular exchanges.. thus not everyone can trade this coin yet... it's not available for "everyone" to buy... at least not on the major exchanges yet.
It's cheap.
Technically it is cheap, sitting at only about 88 mil market cap.. that's pennies in the multbillion dollar crypto market... I know as of writing this blog, the price has only gone down... I was honestly hoping it would go down, so that I can get some more.
Could it be a junk coin?
Yeah sure.. but let's be honest here... you could almost say that about any coin...
who's to say Ethereum or Litecoin won't replace Bitcoin as the reserve........ if that happens I don't see Bitcoin falling to the number 2 spot.... I see it falling much farther.... but this is all just speculation...