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Investors are trying to figure out if they should not currently invest in Bytecoin. You must always understand that when it comes to Bytecoin, you have to look at the transactions that are processed by it. Once you have reviewed the transactions, you will understand that it is gaining more and more popularity. The basic technology of Litecoin is Cryptonote. Cryptonote guarantees that all transactions from different users are processed in a completely private way. As a result, there is no concern that the transactions will be disclosed. Furthermore, only the 2 parts will be able to easily detect the interested parties involved. In addition to them, nobody will be able to trace the transactions through the blockchain.
Furthermore, different transactions may involve different cryptocurrencies that ensure that transfers between parties are also possible. Thanks to complete decentralization, it is easy for Bytecoin to become very popular.
Bytecoin Price Today
It rose by over 300% in the first 6 months of 2018. But it came back. This clearly indicates that there is also more space for movement towards the top. In fact, when the tide runs for most cryptocurrencies, Bytecoin will increase significantly. This clearly indicates that if you are thinking of investing in Bytecoin at current levels, you will be able to get a good deal of return.
Privacy is always required
In the current situation, the cryptocurrencies that provide you with privacy are always required. This is why Bytecoin is also required. Also, since the blockchain is easy to use and the transactions executed can not be tracked, you can be sure that in the future even Bytecoin will become very popular.
Also, when examining the community that supports Bytecoin, you will realize that community support is increasing due to the efficiency of Bytecoin. As a result, privacy has increased and community support will certainly make Bytecoin far more famous. This must be taken into account and only afterwards, the efficiency of Bytecoin will be made possible.
fundamental factors
You have to understand all these points and only later, you can be almost sure that Bytecoin can be invested. Once you have examined these fundamental factors, it will be easier for you to examine Bytecoin as an investment. Tags: bytecoin news, bytecoin value, bytecoin wallet, bytecoin mining, bytecoin reddit, bytecoin buy, bytecoin future, bytecoin exchange
& # 39; Bytecoin (BCN) Not Pump and Dump Scheme & # 39; says the BCN team on Reddit
MAY 25, 2018 – The Bytecoin team (BCN) realized the need to communicate with the fans and HODLER of the currency and to answer some questions of the community to clarify the progress of the project. It is with this recognition that the team held an AMA (Ask Me Anything) on Reddit which ended on the 16th of this month. In the AMA, many questions have been asked about money, the road map and other community issues. AMA was successful and answered the following questions.
Many in the Bytecoin community wondered if the currency and the project were a business of pumps and landfills; especially after the debacle that occurred when the currency was added to Binance on May 8. Compared to this event, the Bytecoin team responded by saying that they have no control over which direction the currency price takes. All they can control is the underlying currency software. They also added that Binance never gave them information on a schedule as previously suggested by the community.
Also of concern for the community, it was the issue of the BCN debit cards and an updated roadmap. The Bytecoin team was able to work out that the debit card project has had some jokes and will update the community as soon as they get news. Regarding the road map, the team requested patience as updates will soon be available.
The project also had problems with the WebWallet. The team worked tirelessly to solve 2FA issues (two-factor authentication) and reimbursements. They promised to find a solution and recommended the desktop version of the BCN portfolio to be used as these problems were ordered.
Regarding the partnerships and the adverts on the exchanges, the team has also promised good news with the passing of time. They are currently working on some partnerships and increasing the visibility of the currency in the markets by having it listed in more exchanges.
Last but not least, in terms of questions asked, was the reprogramming of the hard-fork. The team explained that hard-fork is usually complex in terms of the technicalities involved and will be updated when the event occurs. The BCN hard-fork aims to simplify the code, improve the P2P protocol and introduce dynamic tariffs.
More information on the AMA can be found on Reddit, where the team provides more detailed answers to community concerns.
The current market analysis of Bytecoin (BCN) indicates that it decreased by 7.35% in 24 hours and is currently trading at $ 0.008648 at the time of writing. The overall impression of the market is down slightly with the Bitcoin (BTC) which currently trades at $ 8.339 and down 2.13% in the last 24 hours.
