Thoughts about Bytecoin?

[Leogheo]

What do you guys think of Bytecoin? I know the coin has a less than dubious reputation, but the team working on it has made some huge improvements lately. Do you think there is any chance for growth in the future?

[Fightclub321]

Do some research, the coin has a less than stellar reputation for a reason.

[Leogheo]

Do some research, the coin has a less than stellar reputation for a reason.

that's exactly what I am talking about. People keep talking about the supposed issues in the past while completely ignoring how much better it is getting now.

[tsaroz]

It have many cons, as you said the dubious start, it's huge supply and it's irregular development.
But with monero, it's child and prime competitor changing it's algo, it leaves bytecoin as the leader in cryptonight and may increase it's value in near future.

[FourScoreAnd70]

I like them, the price is low so I think it has a lot of potential to grow.

[Leogheo]

It have many cons, as you said the dubious start, it's huge supply and it's irregular development.
But with monero, it's child and prime competitor changing it's algo, it leaves bytecoin as the leader in cryptonight and may increase it's value in near future.

I think the development their team has shown lately will be a big help. I just hope it continues.

But it sucks when in most places, a person even whispers their name and all anybody has to say is "scam coin" : /

[Neutrality]

The problem is that allegedely 80% of Bytecoin was premined by its creator, so it may be extremely centralized. Aslo, Monero is basically a fork of Bytecoin.

[Leogheo]

The problem is that allegedely 80% of Bytecoin was premined by its creator, so it may be extremely centralized. Aslo, Monero is basically a fork of Bytecoin.

That's the thing, everybody always talk about the "premine", but as I understand it, it is very hard to actually provide concrete proof that it happened. I've read the evidence out there and the thread that exists here on Bytecointalk but it just seems like a bunch of Monero fan boys who want to shit talk Bytecoin because he competition to their favorite coin is automatically the devil. Again, that could just be my opinion but that's the way all of the discussion look to me.