Top Reasons why Bytecoin will reach the moon in 2018

Image Source: Btcurrencies

Here are some of the reasons why I feel that ByteCoin will definately rise atleast 50x in 2018:

1. It is the oldest Cryptonote currency (Private, Encrypted Blockchain)

2. Small number of clandestine and devoted stakeholders, passionate

3. Its almost totally mined, and even now mining software can pull hundreds of coins in the time that others take to mine a single coin. This has a big meaning for future transaction times and fees. Even when the coin limit is reached, its fees and transaction times will likely feel little impact.

4. It's market cap is running a race amongst the big boys, and going up

5. Monero may finally become as unusable as Bitcoin for those seeking to send money back and forth for daily things, its low coin cap creating a more volatile lifecycle, even though this is good for those who bought in for the sake of cashing out. Once it reaches into the thousands per coin, it may start fluctuating like BTC, and this won't work for the black market, or reliable transfer.

6. Bytecoin aims to make a more stable currency when it reaches its potential market cap, by having billions of coins. This means that it is not likely to go above $1, with $10 or so probably being the best case scenario "shoot-for-the-moon" outcome. But this is excellent news if you bought hundreds of thousands of Bytecoins while it was 1/4 of a penny, like I did. People who want to use a currency for actual worldwide exchange will need a more stable coin.

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