Bytecoin is an open decentralized cryptocurrency. Anyone interested can join the Bytecoin network and take part in currency development. As well as the Internet, Bytecoin is international by its nature. Bytecoin allows safe and secure transactions around the globe and offers the convenience of instant FEE-FREE money transactions! In order to distinguish Bytecoin network from Bytecoin currency, the latter is referred to as BCN.
How is Bytecoin going to gain value?
Deflation, Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion BCN. The number of Bytecoin emitted each 120 seconds is slightly decreasing. As a result BCN gains value and exchange rate increase. While currencies with sharp decrease of reward per block are exposed to intense declines in network power, Bytecoin emission is decreasing slowly, which protects the currency from economic shocks.
Personally I have bought Bytecoin when the price was $0.0005. Today the current price of BCN is $0.0031. My prediction is that BCN gets to $0.01 within a year.
I hope this has helped you understand Bytecoin more!
Thank you for reading!
-Seth Negley
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://bytecoin.org/info/
Thank you!
Am a bytecoin fun, i love the coin and have been mining it besides buying it.
#letsbringbytecointolife worked a campaign i started some time ago.
Awesome man! I used to mine it a couple years ago then I got out of it and just started trading the coins instead. I love it man!
its mining rewards have reduced since the bug was fixed, but am still mining, on the other hand trading and holding it as well.
Awesome
you just answered my question of what coin to buy today
thank you!
Sweet! No problem.
This is how you buy Bytecoin!
How does bytecoin differ from bitcoin? Is there a difference other than the name and amount?
Bytecoin has a faster transaction time and it is fee free. Bitcoin charges every time you make a transaction.
Good article. Good to see I'm not the only one who thinks like this. The coin market will be turbulent for the upcoming year(s) but I really believe in the blockchain as a technology. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). An interesting website I found: https://www.coincheckup.com I don't know any other site that gives such good inisghts in the team, the product, advisors, community, the business and the business model, etc. Check: https://www.coincheckup.com/coins/Bytecoin#analysis For a complete Bytecoin Analysis.