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Author Topic: What is the Crypto Community's problem with Bytecoin?  (Read 68 times)
Leogheo
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April 10, 2018, 10:26:08 AM
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I think the Bytecoin Team has really made some big developments over the last 6 months, newly updated wallet, getting listed on more exchanges, community outreach, etc. but there still seems to be a lot of hate in the crypto community about this project. Is there nothing they can do to repair their negative image? It just seems like everywhere I go the second anybody mentions their name people instantly say "scam coin" without looking at the evidence. If it's such a scam coin than why do they continue to make all of these updates and work for the betterment of the project? Yeah I know they had some negative press in the past but it seems people only want to focus on that without looking at all the progress they have made.

Does anybody have any thoughts about this? I would be open to talking about it.
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Road445
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April 10, 2018, 10:29:21 AM
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Although I am also concerned about the Bytecoin token, the price of Bytecoin is very high.
For now, however, the team's marketing is not stellar.

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April 10, 2018, 10:43:23 AM
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From what they said in their recent AMA on Reddit their team seems pretty small so I imagine it would be a bit hard to do full scale marketing like the other bigger coins do.
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April 10, 2018, 10:04:17 PM
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Bytecoin allegedly forged the dates on their whitepaper(s) in order to make it appear as if they had completed a fair release.

Bytecoin creators may not have fairly given away their invention and instead, allegedly mined over 80% of their own coins before letting anyone in on their plans.

Bug in mining software allowed someone to mine unlimited Bytecoins. This was fixed (allegedly), but still, Bytecoin was accused of not taking action quickly enough.

Issues with Bytecoin wallet — It takes lot of time and sometimes days to sync the blokchain in the wallet hence it takes lot of time to even show the balance in the wallet.
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