BCN or RDD for long term investment?

[yubsep]

Hey Guys,
I had seen charts on trading altcoin for Bytecoin (BCN) and Reddcoin (RDD).
BCN last high price was 31 satoshi 6-8-2015
RDD last high price was 38 satoshi 27-7-2015
 
Question is:
Is there signs for up-trending again next months or these coins dead market?
Regards...

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[pooya87]

nobody knows these things and even if they know, they are not going to publicly announce it before it is too late.

i don't know about BCN but since i have a couple of thousands RDD in my bittrex i usually check the price, RDD so far looks like a dead coin but the interesting thing is the big trade volume everyday on 5-6 and now 7 satoshi!!!

[yubsep]

Yes, Understood you...
I had researched and never gotten a new news for these coins !!
Anyway, Thanks for interesting...

nobody knows these things and even if they know, they are not going to publicly announce it before it is too late.

i don't know about BCN but since i have a couple of thousands RDD in my bittrex i usually check the price, RDD so far looks like a dead coin but the interesting thing is the big trade volume everyday on 5-6 and now 7 satoshi!!!

[alyssa85]

Hey Guys,
I had seen charts on trading altcoin for Bytecoin (BCN) and Reddcoin (RDD).
BCN last high price was 31 satoshi 6-8-2015
RDD last high price was 38 satoshi 27-7-2015
 
Question is:
Is there signs for up-trending again next months or these coins dead market?
Regards...

Ignore historical charts. For RDD, just take a look at the HUGE sell walls on Poloniex. It won't move up until the sell walls go, and they look rock solid and have been like that for months. I think people are staking the coin and then placing their newly minted coins in the sell walls. So it won't budge much.

[badenglishtea]

So this is my first post on BCT. I really like RDD. I am holding about 121MM long-term (around $3,200 at current rate). I have been holding for about 18 months, and picked up more when the price hit 4 SATS.

The spike to 38 SATs happened when the coin moved from Scrypt to POS-V. Actually it was the first coin that innovated on POSV. Dev and community (Reddit) are still going strong. The lead dev is working on REDD-ID. I think this will be huge. They are still figuring out network fees, but basically it will create a decentralized system that allows you to link your social accounts to your Reddcoin wallet. I also think the brand is well done, and the positioning of the crypto as a social/tipping tool is unique. I am more of a lurker with RDD, but it does seem like there are ten or so people who work pretty hard and consistently on dev and brand projects.

Then again, RDD is an altcoin so don't buy what you can't afford to lose tomorrow.

I am holding just about everything, but RDD is definitely in my top ten altcoins. I can't say much about Bytecoin. I am not holding more than $200.

[yubsep]

Right, Most of people having huge stake...
Thanks for interesting...

Hey Guys,
I had seen charts on trading altcoin for Bytecoin (BCN) and Reddcoin (RDD).
BCN last high price was 31 satoshi 6-8-2015
RDD last high price was 38 satoshi 27-7-2015
 
Question is:
Is there signs for up-trending again next months or these coins dead market?
Regards...

Ignore historical charts. For RDD, just take a look at the HUGE sell walls on Poloniex. It won't move up until the sell walls go, and they look rock solid and have been like that for months. I think people are staking the coin and then placing their newly minted coins in the sell walls. So it won't budge much.

[yubsep]

I had read about REDD-ID and hoping to increase the price of RDD in near future...
As you said "Don't buy what you can't afford to lose tomorrow"...
Thanks for interesting...

So this is my first post on BCT. I really like RDD. I am holding about 121MM long-term (around $3,200 at current rate). I have been holding for about 18 months, and picked up more when the price hit 4 SATS.

The spike to 38 SATs happened when the coin moved from Scrypt to POS-V. Actually it was the first coin that innovated on POSV. Dev and community (Reddit) are still going strong. The lead dev is working on REDD-ID. I think this will be huge. They are still figuring out network fees, but basically it will create a decentralized system that allows you to link your social accounts to your Reddcoin wallet. I also think the brand is well done, and the positioning of the crypto as a social/tipping tool is unique. I am more of a lurker with RDD, but it does seem like there are ten or so people who work pretty hard and consistently on dev and brand projects.

Then again, RDD is an altcoin so don't buy what you can't afford to lose tomorrow.

I am holding just about everything, but RDD is definitely in my top ten altcoins. I can't say much about Bytecoin. I am not holding more than $200.

[ArticMine]

Anyone considering BCN should take a look at the following thread: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)

[klarki]

If I were in your place, I did not examine them.
These coins have no technological solutions, and for investors it is not interesting.
Unless expect Pump, but here it will be difficult to guess.
Follow the thread of these coins, analyze information.
Relying on graphics silly, they do not bear practical use.