search

price

Many cryptocurrency traders might not be aware that Bytecoin (BCN) was the first new generation anonymous cryptocurrency and the first virtual currency to use CryptoNote technology for its launch on July 4th, 2012. Bytecoin (BCN)ensures that transactions remain anonymous and untraceable through its use of ring signatures that ensure wallet balances are private. Even though Monero (XMR) developed as a result ofBytecoin (BCN), Monero (XMR)is presently at the 12th position in market cap as of the time of writing this article, while BCN in the 24th position. This as a result of the withdrawal of most of its community members when a pre-mined scam was announced in the media. However, in recent time, most investors are beginning to trust the coin and it was able to hit about 154% increase within 30 days, from April 2, 2018, to May 2, 2018. BCN traded at $0.002166 on April 2 and $0.005514 on May 2. What Makes Bytecoin (BCN) a Good Bye? 1) Return of investors interest: The return of investors could be observed from the volume of trades BCN experienced between April 2 to May 2, 2018, which ensured that it returned back to its market capitalization that is above $1 billion within this duration. During this time, its trading volume moved from 825,353 to 6,643,490 which represents 5,818,137 increase and a percentage rise of 704.93%. 2) Addition of new exchanges on the horizon: Even though Poloniex exchange stopped deposits and withdraws of Bytecoin (BCN), on May 1st the ban was lifted and transactions could be processed. Also, the Bytecoin (BCN) team is on the verge of reaching consensus with Binance and Bitfinex, which has led to most of its community members to  hodl because such trades increase value more than its present performance. This is because less than 1 billion BCN remains to be mined, out of close to 185 billion in total supply. 3) Strategic partnerships: BCN team are striving had to ensure that its holders and traders are open to manymarkets. Because of this, they are handing out an airdrop of 195k BCN to the first 20 traders who make the most trades, with a benchmark of 25k BCN to be traded in the partnering exchange bitexbook.com. The price ranges from 65k BCN to 2500 BCN. The duration is from April 30th, 2018 to May 20th, 2018. 4) Acceptance of ASIC mines: In a place where most coins refused to accept ASIC mines for mining, even Monero (XMR), the BCN team said that to improve the efficiency of mining and also the profitability they will accept ASIC mines. This is because Bitmain, the producer of the ASIC mines, had made a commitment to introduce FPGA devices in its new ASIC mines ensuring an easy adjustment to a code change that will not affect the mines. They also believe that ASIC mines are better than CPU and GPU mines. These mining activities will increase BCNvalue. Based on the four points discussed, I believe you will easily agree with me as to why I believe BCN is a worthy 

Guys what you need to know. 1. Network is overloaded, thats why Binance, Poloniex, other exchangers and your Wallet don`t work properly now.. Core devs very cool boys, and solved problems this night with new version of bytecoin daemons 3.0.3 but anyway blockchain is hight loaded so might be problems. 2. Your money don`t lost, if you trying withdraw or deposit - just wait. 3. If you bought at hight. try sell by same price to not lose money, from the other view, BCN gonna be higher , that why everybody just need to HOLD HOLD HOLD !!! One more thing. Don't manipulate market, if you buy, HOLD. First you try manipulate market, then have problems with exchangers. So, don't scream, your manipulations is your risk.If exchangers has problems ask them please. Only they can solve it. And I need to remember, bytecoin is untraceable.All transactions is successful if its successful in your wallet, so just wait when other part will receive your transaction. You cant track transaction!!! Please don`t FUD and scream, Respect others or you will be banned. Thank you for attention, have a great trading time.

BCN REPORT No 1 Deposits and Withdrawals are now available on binance! No 2 The Bytecoin network has been updated and now it is stable and working normally. Soon deposits and withdrawals will be open on all exchanges. Our team continues to work on our software and we will soon update our users to download new software. The latest version is 3.0.4 No 3 when you buy BCN in WEBWALLET, The process in your transaction say time expired you wont be deposited with bcn. We'll refund your money during 30 days manually. Inform us about your problem via [email protected] or telegram @BCN_official No 4 ETH GIVE AWAY IS SCAM! DON'T TRANSFER YOUR MONEY TO ANYONE! No 5 We expect the network issues to gradually disappear in 24 hours, depending on how fast the users choose to upgrade. No 6 We are working together directly with the poloniex team to solve the issue of the missing transactions. As soon as we have an update about this we will share it with the community. Thank you for your patience in the meantime. No 7 We'd like to clarify situation with the Binance/ Bytecoin price. We don’t have any influence on one or the other’s price. We are responsible for only our software and all we are doing now is trying to fix everything ASAP, please excuse us for any inconvenience. No8….we did our best to inform all our partners from the ecosystem about the network issues and have provided them with the proper instructions. No 9…we’re planning to come out with an AMA in the next week to discuss everything about what occurred Yours truly, Jenny and the DevTeam

BCN REPORT No 1 Cryptonator ✅Withdrawals functioning ⛔Deposits not functioning HitBTC ✅Withdrawals functioning ⛔Deposits not functioning Poloniex ✅Withdrawals functioning ⚠Deposits functioning (but slowly) Binance ✅Withdrawals functioning ✅Deposits functioning Bitplace ⛔ problems with withdrawls/ don’t deposit after secure better communication If you have a problem with a service (wallet, exchange) please contact @BCN_official or any community admin No 2 Bytecoin Team will be hosting an AMA in our subreddit (https://www.reddit.com/r/BytecoinBCN/)) on Wed May 16th (17:30-19:00GMT+1) The AMA will be focused on the Binance listing and the recent technical issues. Please stay tuned for more information! No 3 The Bytecoin network has been updated and now it is stable and working normally. No 4 stay update your desktop wallet to version 3.0.4 soon new updates will come No 5 When you buy BCN in WEBWALLET, The process in your transaction say time expired you wont be deposited with bcn. We'll refund your money during 30 days manually. Inform us about your problem via [email protected] or telegram @BCN_official No 6 ETH GIVE AWAY IS SCAM! DON'T TRANSFER YOUR MONEY TO ANYONE! No 7 We'd like to clarify situation with the Binance/ Bytecoin price. We don’t have any influence on one or the other’s price. We are responsible for only our software and all we are doing now is trying to fix everything ASAP, please excuse us for any inconvenience. Yours truly, Jenny and the DevTeam

AMA REPORT No 1- PRICE The price is a market driven mechanism. We only have control over our software, we have zero influence over the value of the market price. Binance never announces coin listings before the listing process. And they don't even inform the teams or the devs to avoid any market manipulation on the part of the teams No 2- BCN CARD For now we don’t have any progress on the Bytecoin debit card but this is one of our future goals we would like to implement for Bytecoin. We think it is one of the biggest options that will make Bytecoin more widely spread around the world and inside the crypto community. No 3- ROADMAP The current roadmap will be updated very soon, for other updates such as ICOs and other projects please stay tuned on our social networks to hear more. No 4- PARTNERSHIPS Some cool partnerships are on there way, Please stay tuned we will prepare to announce that info in more detail in the future. No 5- WEBWALLET ISSUES We are constantly working on the web wallet issues but we cannot close it for maintenance because many users use it and need access to their assets. However, the 2 main issues (2FA and refunds) are on their way to having a solution. We always recommend the desktop wallet as the safest way to store your coins but some users still prefer to the web wallet due to its convenience of not having to download the blockchain The web wallet is operating in its ordinary mode. Kindly clear your browser's cache to access it. And we will investigate if it's possible to implement a recovery key in our Web Wallet No 6-REFUND The reason it is taking longer the refunds is we work with a third party and we cannot deal with every issue each separate time. We have to collect all of them and then conduct the refund all at the same moment. No 7- END OF YEAR Until the end of the year we are willing to be listed on many major exchanges and increase the popularity of our coin to make it more usable and wide spread around the world. No 8- LEDGER Support Ledger Nano It is in our plans and we are working on that. However it is not in our nearest plan. No 9- MARKETS As of now we are talking to other exchanges in the Asian and Middle East Markets. The African Market is our main goal for the 3rd quarter. When we know more we will be happy to share it with the community. No 10 MASTER NODE The design of Bytecoin isn't about having a master node presence, but we're investigating the plans for incentive reward campaigns for the significant network actors. No 11 HARDFORK 1 Bytecoin Hardfork will Rescheduling, we need more time to investigate some additional technical aspects and change the order of the actions which need to be taken in the nearest time. 2 we’ve reviewed our plans and have decided to switch from a “cautiously optimistic” strategy to a “very accurate” one. This is a necessary measure to avoid any kind of drawbacks after the hardfork is released 3 The main purposes of the hardfork are to simplify the code, improve the P2P protocol, and introduce dynamic fees. 4 The hardfork doesn't have a direct influence on the value of the coin, but it's a major update of our codebase, which means that the whole crypto world will be monitoring the situation 5 you'll only have to be updated to the newest wallet version and import your saved *.wallet file when it's released For more details about rescheduling https://bytecoin.org/blog/bytecoin-hardfork-rescheduling-reasons-and-explanation VOTE FOR BCN https://request.coinpulse.io/suggestions/6292/bytecoin-bcn Yours truly, Jenny and the DevTeam

AMA REPORT No 1- PRICE The price is a market driven mechanism. We only have control over our software, we have zero influence over the value of the market price. Binance never announces coin listings before the listing process. And they don't even inform the teams or the devs to avoid any market manipulation on the part of the teams No 2- BCN CARD For now we don’t have any progress on the Bytecoin debit card but this is one of our future goals we would like to implement for Bytecoin. We think it is one of the biggest options that will make Bytecoin more widely spread around the world and inside the crypto community. No 3- ROADMAP The current roadmap will be updated very soon, for other updates such as ICOs and other projects please stay tuned on our social networks to hear more. No 4- PARTNERSHIPS Some cool partnerships are on there way, Please stay tuned we will prepare to announce that info in more detail in the future. No 5- WEBWALLET ISSUES We are constantly working on the web wallet issues but we cannot close it for maintenance because many users use it and need access to their assets. However, the 2 main issues (2FA and refunds) are on their way to having a solution. We always recommend the desktop wallet as the safest way to store your coins but some users still prefer to the web wallet due to its convenience of not having to download the blockchain The web wallet is operating in its ordinary mode. Kindly clear your browser's cache to access it. And we will investigate if it's possible to implement a recovery key in our Web Wallet No 6-REFUND The reason it is taking longer the refunds is we work with a third party and we cannot deal with every issue each separate time. We have to collect all of them and then conduct the refund all at the same moment. No 7- END OF YEAR Until the end of the year we are willing to be listed on many major exchanges and increase the popularity of our coin to make it more usable and wide spread around the world. No 8- LEDGER Support Ledger Nano It is in our plans and we are working on that. However it is not in our nearest plan. No 9- MARKETS As of now we are talking to other exchanges in the Asian and Middle East Markets. The African Market is our main goal for the 3rd quarter. When we know more we will be happy to share it with the community. No 10 MASTER NODE The design of Bytecoin isn't about having a master node presence, but we're investigating the plans for incentive reward campaigns for the significant network actors. No 11 HARDFORK 1 Bytecoin Hardfork will Rescheduling, we need more time to investigate some additional technical aspects and change the order of the actions which need to be taken in the nearest time. 2 we’ve reviewed our plans and have decided to switch from a “cautiously optimistic” strategy to a “very accurate” one. This is a necessary measure to avoid any kind of drawbacks after the hardfork is released 3 The main purposes of the hardfork are to simplify the code, improve the P2P protocol, and introduce dynamic fees. 4 The hardfork doesn't have a direct influence on the value of the coin, but it's a major update of our codebase, which means that the whole crypto world will be monitoring the situation 5 you'll only have to be updated to the newest wallet version and import your saved *.wallet file when it's released For more details about rescheduling https://bytecoin.org/blog/bytecoin-hardfork-rescheduling-reasons-and-explanation VOTE FOR BCN https://request.coinpulse.io/suggestions/6292/bytecoin-bcn Yours truly, Jenny and the DevTeam