Bytecoin

in #altcoins7 years ago (edited)

Screen Shot 2017-05-22 at 09.03.15.pngBytecoin a nice altcoin mineable with CPU mining through multiple pools like minergate for example.
Its a cryptonight based coin so you don't need an ASIC to mine it. But the thing is that it has been going up in value quite a bit.
I think this is going to be a "pump and dump" coin. It has risen 500% in value in only 7 days.
Price per Bytecoin is 188satoshi at this very moment. This is maybe an option for investement? I don't know for sure.
https://coinmarketcap.com/currencies/bytecoin-bcn/

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I just bought more. Lets pray :D

Good points in this post. Interesting to see I'm not the only one that is thinking about this. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). Besides coinmarketcap.com there is: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. For example: https://www.coincheckup.com/coins/Bytecoin#analysis To watch Bytecoin Analysis