Bytecoin will come through with a big rise! BIG THINGS COMING!
Bytecoin is an open decentralized cryptocurrency.
Bytecoin allows safe and secure transactions around the globe and offers the convenience of instant fee-free money transactions.
Currently priced very low, not an all time low by any means but still low. From my research and some of the things they want to implicate moving forwards I believe it has some potential. As I will explain.
The chart below shows how long they've been in the game since 2012 and the recent activity they have had with the price of BCN. Total supply is 184.47 billion which is a ridiculous amount I know however if you take bitcoin for example which has ridiculous transaction times and fees where there is 21 million coins ever and is divided with the 184.47 billion BCN tokens that gives 8761 now multiply that by 0.001816 (current price) and you get $15.90 per BCN.
Below shows the existing markets BCN is currently traded on Poloniex a very big name, however, Bytecoin have promised in their roadmap that by October 2017 ‘The 3 LARGEST exchanges will list BCN’ (massive news) BITREX, KRAKEN, BITFINEX?? If they aren't talking shit this will rocket the price surely?
Very exciting stuff if they aren't talking out of their arses here, coming up a wallet release, mobile app wallet, new features and the biggest of all ‘Untraceable tokens’ this will be massive as you know with bitcoin which was the most used on the dark web for illegal transactions that we know nothing about was by no means untraceable as I have learnt everything is logged on the blockchain and can be quite easily traced if wanted.
Now trading on poloniex and three more large exchanges to come! Also a new website!
With the untraceable coins in mind and if and when new marketplaces arise in the future with people being very skeptical to use now with all the closures and seizures of cryptos people will want the traceability issue to be solved for good, could Bytecoin be the on new dark web market platforms?
Last but not least 120 seconds for transactions to be secured!!!
Thanks for sharing. Def one to monitor. Is the Web Wallet release on track for Sep 1st?
I believe so yes, bcn official twitter page posted an image of the wallet with added 2FA. Also if you visit bytecoin.money you should be able to register! Hope this helps
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Good points in this post. Interesting to see I'm not the only one that is thinking about this. Sell the coins that you know nothing about. Do proper research on any coin you buy. If the market falls at least you can hold your coins knowing they have a long term future. Besides coinmarketcap.com there is: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. For example: https://www.coincheckup.com/coins/Bytecoin#analysis To watch Bytecoin Analysis