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Richart
May 9, 2018 9:45 AM

Bytecoin still heavily long  Long

Bytecoin / US DollarHITBTC

Description

Wuuuh that was a tough surge on Bytecoin.

BCNUSD reached about 0.25 in Binance yesterday and about 0.03 in Poloniex and HitBtc.

At the moment there is a lot of dust and FUD spread wheather it was a scam or something like that.
My recommendation: do not listen to these people and take a look at the facts:

- network was heavily overloaded because nobody has expected such a great rise in price
- a lot of people tried to withdraw there coins to binance which heavily overloaded the exchanges
- CoinMarketCap has NOT delisted Bytecoin, it simply has difficulties to count a real price due to price differences in exchanges,
but these differences are nearly vanished atm

+ Bytecoin is listed on Binance!
+ we have a heavy trading volume right now and in future
+ Bytecoin has risen at least a 100% atm
+ there is a lot more interest now in the project and some kind of FOMO which is always good for price rise
+ Bytecoin team is working hard on fixing everything

So make your own choice. For me Bytecoin still is the Buy of 2018 and will rise again soon.
On the technical site the target still is around 0.08 ( take a look at the chart)

Comments
Kevin098
The people that are calling it a scam are those who missed the boat and are trying to create panic selling in order to bring the price back down.
stefan_placinta
True .
And just an hour ago bytecoin release a tweet that all problems with wallet were solved and all it's back to normal.
They have fix all the issues and have a new version of daemon wallet that will work fine also with huge volum of traffic.
In the next days we will see again bytecoin hugely increase. Up to 0.15 $
stefan_placinta
it time to buy to make huge money with this coin. My forecast is that the price will reach higher values than ripple.
This coin have many advantages than ripple which is a coin of banks and not for the people
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