Nearly exactly two years ago, during the period from May to June of 2017, Bytecoin was traded from 1 satoshi to 2 satoshis. Then, due to unknown reasonable things, Bytecoin rocketed to above 270 satoshis, then it bumped and dumped several significant rounds. Now, Bytecoin has nearly fallen back to where it went up, 10 satoshis is a cheap price, but I even expect that Bytecoin might decrease more deeply to the range from 2 satoshis to 4 satoshis, at which I might start to think of reinvest in Bytecoin. One of the most important thing to attract investors is how the Bytecoin team can avoid network issues as well as issues with exchanges. In history of Bytecoin, there were some period in which exchanges disabled withdrawals and deposits of Bytecoin.
I had a very large amount of this coin on HitBtc - The day it hit Binance they (ByteCoin) stopped all movent of the coin and dumped everything they had , made millions and now just throw a days work in a month the keep it looking like they are doing shit !
Total scammers... just stay away from it.
Hello! We are really sorry to hear that. Unfortunately, we are unable to control the demand of Bytecoin but we always try to do our best to inform our users and help them with our support team.
A scam is when someone puts something on the market, makes money from it and then disappears with the project without a trace. Am I right?
If we are speaking about our project, we have been on the market around 7 years, and Bytecoin is one of the oldest projects in the cryptocurrency world. The devs are passionate about it and trying to make the technology behind it unique and useful. In the past couple of years, we have had 31 software releases with many innovative features. This doesn't sound like the lifecycle of a ponzi scheme, does it?
Bytecoins development and codebase are transparent and can be viewed online. We are always in touch with our community and we are intent on doing our part to make crypto a fixture of modern life.