Guys, im new and i have a question that most of you might consider retarded. Explain me like im five, what the hell is going on between Monero and Bytecoin?!
That's too long story to tell. What I can tell is that there are people who strongly believe BCN to become the second Bitcoin and invest in this coin, and people who believe this coin was premined and so there was a launch of BCN fork - Monero, that, at first, was called BitMonero.
I've tried to describe in a few words.
On the contrary with drawingthesun, I support Bytecoin.
You know, even Litecoin is good coin it's not the same as Bitcoin. It's definitely better to invest in first coin.
I should concede that XMR dev team has done a lot for Monero but not as important as BCN dev team has made for Bytecoin.
It's your choice what coin to mine, no one can be sure about the future as you can't predict everything. I've already made my choice.