On 17 June 2017 we introduced TTT - The first cryptocurrencies index.
In finance an index is an indicator or statistical measure of change in a securities market.
Stock and bond market indices consist of a hypothetical portfolio of securities representing a particular market or a segment of it.
The Standard & Poor's 500 (S&P500), for example, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE.
Another example is The Nasdaq 100 Composite Index (QQQ) which allows investors to essentially invest in all of the stocks that make up the Nasdaq 100 in a single security. Such stock market indices, are the most commonly followed equity indices, and many consider it one of the best representations of the U.S. stock market, and a bellwether for the U.S. economy.
We have 3 decades experience of trading this assets and when we first approached Bitcoin and altcoins trading we noticed the lack of any statistical measuring for this financial market segment.
We first created TTT20 (the 20 largest altcoins) and then TTTSOFT (the index of companies altcoins operating in the software industry), TTTENTER (the index for the entertainment altcoins) and TTTEME (a selection of new introduced most promising coins). This 4 indexes gives investors an indication of the total Alternative Coins trading market and the up or down movements of it.
After we had the tools to trade in the most effective way as possible, we decided to develop a bot who autotrades the whole cryptocurrencies market including Bitcoin.
We noticed that almost every up movement of the Bitcoin price is reflected in a down movement of the largest altcoins and viceversa. We developed TTT (Total Trading Technology) which profits from those cryptocurrencies prices fluctuations. Every penny or satoshi gained from this speculative way of trading is reinvested into the project and reflected into the TTT coin price.
This technology is now implemented into our coins and in the softwares we sell to our customers.
This is a part of the commitment we have made with the Dutch province Drenthe who supported us in the beginning, just like the organic way we have build from zero this project and the community around it.
Making exception for: Raf Varone (Project manager), Rob Stendhal (Financial manager), Xander Pruys (Webdeveloper) and Sophie Bonomi (Community manager), our team formation change continously.
This guarantees us, as team members, and You, as investor, that nobody involved in this project knows everything. We are working on the first cryptotrading index since October 2016. We have been in talk with different developers since the creation of the first idea and we have seen how some people tried to find his way outside Bitotal without succes. Since our first public announcement and the creation of this website at the end of June, we noticed the creation of different similar projects as ours. We can't stop that, as what You read on our website is public to anyone, but we can assure that noone would ever be able to clone our company and our philosophy.
Our goal is to create passive income for everyone and to give the access to this opportunity to anybody. As crazy it may seems we see a future where computers and algorithms will enable us to create a sustainable income by the creation of an Index trading based cryptocurrency.
In this environment that we predict Bitotal likes to take a role in making the new economy and not only by being a part of it.
being involved in our project means 100% being dedicated to our vision