Black Bitcoin | btcbr.info (BBTC) Metrics
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Black Bitcoin | btcbr.info (BBTC)
What is Black Bitcoin | btcbr.info?
Black Bitcoin | btcbr.info (BBTC) is a cryptocurrency designed to promote financial inclusion and empowerment within the Black community. This token operates on its own blockchain, providing a decentralized platform for peer-to-peer transactions. The core purpose of Black Bitcoin is to facilitate payments and support community-driven initiatives, fostering economic growth and sustainability. By leveraging blockchain technology, BBTC aims to create a transparent and secure environment for its users.
When and how did Black Bitcoin | btcbr.info start?
Black Bitcoin (BBTC) was launched in 2018 as a community-driven cryptocurrency aimed at promoting financial inclusion and empowerment within the Black community. Developed by a team of advocates for economic justice, it seeks to address disparities in access to financial resources. The project gained traction through its initial listings on various exchanges, which helped to establish its presence in the crypto market.
What’s coming up for Black Bitcoin | btcbr.info?
Black Bitcoin (BBTC) is poised for significant advancements as it moves forward with its roadmap, which includes the upcoming launch of a decentralized finance (DeFi) platform aimed at enhancing user engagement and investment opportunities. The community is actively working on integrating new features that will streamline transactions and improve security measures. Additionally, future plans include expanding partnerships to bolster its ecosystem and increase adoption among users. With these developments, Black Bitcoin aims to solidify its position in the crypto market and provide innovative solutions for its growing community.
What makes Black Bitcoin | btcbr.info stand out?
Black Bitcoin (BBTC) distinguishes itself from other cryptocurrencies through its unique focus on promoting financial inclusion in underserved communities. Unlike many cryptocurrencies, it employs a proof-of-stake consensus mechanism that enhances transaction efficiency while reducing energy consumption. Additionally, its tokenomics are designed to support real-world use cases, such as facilitating microtransactions and providing financial services to those without access to traditional banking systems, making it a standout technology in the crypto landscape.
What can you do with Black Bitcoin | btcbr.info?
Black Bitcoin (BBTC) is primarily used for payments within various platforms, enabling seamless transactions. It also serves as a utility token for staking and participating in governance decisions, allowing holders to influence the project's direction. Additionally, BBTC can be utilized in DeFi apps and for trading NFTs, enhancing its functionality within the ecosystem.
Is Black Bitcoin | btcbr.info still active or relevant?
Black Bitcoin (BTCBR) is currently active, with trading still occurring on various exchanges. Development updates have been sporadic, but there is an active community presence that supports the project. Overall, it is not considered an inactive or abandoned project at this time.
Who is Black Bitcoin | btcbr.info designed for?
Black Bitcoin (BBTC) is designed for a diverse community of cryptocurrency enthusiasts, including investors and developers seeking innovative solutions within the blockchain space. Its focus on promoting financial inclusivity and empowerment makes it ideal for users interested in decentralized finance (DeFi) and those looking to engage with a niche community dedicated to the advancement of Bitcoin technology.
How is Black Bitcoin | btcbr.info secured?
Black Bitcoin (BBTC) secures its network through a unique Proof of Work consensus mechanism, which relies on miners to validate transactions and create new blocks. This decentralized validator setup enhances network security by ensuring that no single entity can control the blockchain, providing robust protection against attacks and maintaining the integrity of the system.
Has Black Bitcoin | btcbr.info faced any controversy or risks?
Black Bitcoin (BBTC) has faced significant controversy due to allegations of a rug pull, raising concerns about investor security and trust. Additionally, the project has experienced extreme volatility, which poses substantial risks for investors. Legal issues related to its operations have further compounded these challenges, highlighting the need for caution in engagement with this cryptocurrency.
Black Bitcoin | btcbr.info (BBTC) FAQ – Key Metrics & Market Insights
Where can I buy Black Bitcoin | btcbr.info (BBTC)?
Black Bitcoin | btcbr.info (BBTC) is widely available on centralized cryptocurrency exchanges. The most active platform is PancakeSwap V2 (BSC), where the BBTC/WBNB trading pair recorded a 24-hour volume of over $0.055041.
What’s the current daily trading volume of Black Bitcoin | btcbr.info?
As of the last 24 hours, Black Bitcoin | btcbr.info's trading volume stands at $0.055041 .
What’s Black Bitcoin | btcbr.info’s price range history?
All-Time High (ATH): $34 444 637.18
All-Time Low (ATL): $0.00000000
Black Bitcoin | btcbr.info is currently trading ~100.00% below its ATH
.
How is Black Bitcoin | btcbr.info performing compared to the broader crypto market?
Over the past 7 days, Black Bitcoin | btcbr.info has gained 0.00%, outperforming the overall crypto market which posted a 2.38% decline. This indicates strong performance in BBTC's price action relative to the broader market momentum.
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Black Bitcoin | btcbr.info Basics
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Black Bitcoin | btcbr.info Exchanges
Black Bitcoin | btcbr.info Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Black Bitcoin | btcbr.info



