Bitcoin Project Statement

Full Report

Bitcoin Safety Report

Bitcoin has a safety score of 9.44

Bitcoin is a meg​a cap cryptocurrency coin.

Bitcoin is suited to a conservative investment style.

Bitcoin Profile

This profile has all the the data required to perform a thorough analysis.

Bitcoin Red Flags

There are currently no Bitcoin red flags.

Bitcoin Development Score

The Bitcoin project has 4 active source code repositories.

The most recent commit was Wed, Jan 26, 2022 2:13 AM

• 4721 Watchers
• 67906 Stars
• 1163 Mentionable Users
• 0 Vulnerabilities
• 268 commits in the last 28 days.

Highlights:

• extremely high stars
• extremely high watchers
• extremely high mentionable users
• extremely high repo stars
• daily repo updates

Bitcoin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:

• A good collection of articles to be confident of the sentiment
• The overall sentiment is very positive

Bitcoin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Bitcoin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Bitcoin has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:

• extremely high reddit articles
• extremely high hashtag tweets
• extremely high gitHub account watchers

Bitcoin Awareness Score

The awareness score indicates how well Bitcoin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Bitcoin is but a good measure of longevity is how well the project is known by the general public.

Overall Bitcoin this project is well known by the general public. There are lots of articles and posts in the main stream media outside the crypto currency community.

Highlights:

• very high search result total
• very high number of news articles mentioning Bitcoin
• extremely high number of headlines about Bitcoin
• extremely high number of Bitcoin YouTube videos

Bitcoin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:

• Very mature project age (released Jan 3, 2009)

Bitcoin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:

• extremely high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

• 404 (missing) websites
• Expired SSL certs
• Malware/Hijacked sites
• Suspended Twitter accounts
• Private Subreddits
• SEC investiations

If you spot anything suspicious/resolved then please let us know.

Bitcoin Red flags

• No red flags
  No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.