What is Bytecoin(BCN)?
Bytecoin is a decentralized and private cryptocurrency with open source code which allows everyone to take part in the Bytecoin network development. Security and Privacy come naturally from using Bytecoin. Instant private transactions are provided all across the world by the Bytecoin Network, they are totally untraceable, and they don’t require any additional transaction fees. Fiat currencies are specially assigned to specific territories while BCN is bound to the Internet and hence is international by default.
Unlike fiat money transactions, wherein your money is processed through an intermediary or a financial institution esp a bank, transactions between Bytecoin users are carried out over the Internet that makes the transactions much more reliable. Transaction privacy is protected by secure cryptographic algorithms wherein no one can identify who sent the money, who the recipient was, and the amount of money that was transferred.
Market Prediction for BCN priceIt is a difficult task when it comes to predicting the future of a cryptocurrency, that too after years. As the market is volatile, it is not so easy to forecast. But the crypto enthusiasts and the regular prediction websites have given some of their predictions. Let’s check out some of those:
#1 US LiftedUS lifted, a cryptocurrency community predicted that the price of Bytecoin might go up and reach $0.2697 by 2019 end, which is a highly optimistic prediction.
#2 CoinLikerCoinLiker claims to focus specifically on cryptocurrency predictions. According to CoinLiker's pricing model, they believe that Bytecoin will reach $0.2775 by the end of June 2019. It also provides a Bytecoin price prediction for the year 2023, where they estimate its price will rise to $0.6792.
#3 Wallet InvestorWallet Investor, a cryptocurrency prediction website predicts that BCN might reach $0.000245 by the end of 2019, which looks like a bearish pessimistic prediction.
#4 Crypto GroundCrypto ground predicts that Bytecoin might reach $0.0032 in a year. It even predicts that BCN might reach $0.01113 in 5 years time frame.
Read here the detailed information-
https://coinswitch.co/news/bytecoin-price-prediction-2019-bcn-may-touch-0-00534-usd-by-2019-endShare your views as well...thanks