Introduced back in July 2012, Bytecoin has cemented its place among the promising altcoins for its high-end security policies. With thousands of traders showing interest in this project, its not hard to determine why there are so many Bytecoin forks today. What set it apart from its other peers are its highly nuanced security policies: Bytecoin (BCN) is not only regulated by CryptoNote algorithm,
it is also the first coin to adopt this technology.Given the fact that BCN is regulated by the crypto-worlds finest algorithm, its not hard to imagine why some of the most vied-after currencies are actually a Bytecoin fork.
The king of the dark web Monero, which is widely recognized for its anonymity, is also a fork of Bytecoin. Surprisingly enough, Dash is also a fork of Bytecoin. The CryptoNote algorithm, which has been developed to offer the security of all crypto transactions, is not only acknowledged for its security features but also for its resistance towards ASIC. Much to traders convenience, Bytecoin can be mined by anyone and from anywhere just with the help of a regular computer.
Bytecoin (BCN) (which gave birth to Monero (XMR), Aeon(AEON), Dash(?) and others (see the diagram below)),
a rising altcoin known for its anonymity, is making a comeback in the market. This can be a direct outcome of the controversies generated by Monero (XMR), especially due to the frequent mining scandals.
With a steady rise in the price, BCN is definitely regarded among the most promising currencies of 2018, despite its unpopularity among the masses.source:
https://globalcoinreport.com/bytecoin-features-among-the-top-crypto-gainers-this-week/And now remember my words: Bytecoin 2018 = $3 - $7
All the points stated by you are correct but it doesn't mean that the coin will be successful. The efforts shown by the team in solving any issues and for the development of BCN are mainly responsible for the downfall of this coin.
Check Monero. Even though it is a fork of BCN, it is the most promising project right now. Why? Because of the community and the team.
Bytecoin can't even deal with the current issue of ASIC miners. Most of the coins have already forked. And right now, they are concerned about their AMA next month.
We must give them time, it has been less than a year since they took over the development of Bytecoin. I think we'll see the results at the end of the year. I think that aiming $ 1 = BCN is not delusional.