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Bytecent (OP)
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December 20, 2015, 11:06:20 AM |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. |
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johnnywoo2015
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December 20, 2015, 11:21:20 AM |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. There is heavily bot activity on the market, i can't buy or sell on my ideal prices. I know bot(s) are an integral part of markets but this is so boring. |
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Bytecent (OP)
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December 20, 2015, 11:48:00 AM |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. There is heavily bot activity on the market, i can't buy or sell on my ideal prices. I know bot(s) are an integral part of markets but this is so boring. Right. You need to adjust your trading strategy to account for the bot activity. |
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niktitan132
Legendary
 Offline
Activity: 1036
Merit: 1000
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December 20, 2015, 11:55:27 AM |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. There is heavily bot activity on the market, i can't buy or sell on my ideal prices. I know bot(s) are an integral part of markets but this is so boring. Right. You need to adjust your trading strategy to account for the bot activity. Just buy low and sell high. Its really easy and after 1m of looking at the charts you should know where low and high are. |
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johnnywoo2015
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December 20, 2015, 11:59:55 AM |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. There is heavily bot activity on the market, i can't buy or sell on my ideal prices. I know bot(s) are an integral part of markets but this is so boring. Right. You need to adjust your trading strategy to account for the bot activity. Just buy low and sell high. Its really easy and after 1m of looking at the charts you should know where low and high are. Buy low/sell high is simple strategy and doesn't work always, a few days ago i saw sudden dump on 20k and now price is 31k, sudden dumps always happen |
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Bytecent (OP)
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December 20, 2015, 12:11:50 PM
Last edit: December 20, 2015, 01:29:36 PM by Bytecent |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. There is heavily bot activity on the market, i can't buy or sell on my ideal prices. I know bot(s) are an integral part of markets but this is so boring. Right. You need to adjust your trading strategy to account for the bot activity. Just buy low and sell high. Its really easy and after 1m of looking at the charts you should know where low and high are. Buy low/sell high is simple strategy and doesn't work always, a few days ago i saw sudden dump on 20k and now price is 31k, sudden dumps always happen Yes you are absolutely correct. However, anytime the value of BTC increases sharply, there are traders who use that opportunity to exit. But if you have been watching the Bytecent market over the past 6 months, Bytecent always bounces back. Tomorrow in my announcement I will explain exactly why that is. Moreover, do not pay attention to the BTC value of Bytecent, it is irrelevant to Bytecent. Bitcoin is just the vehicle used to convert BYC to USD and vice versa. However, pay attention to the USD value. Early on I made it clear that the metric to determine Bytecent true value was the USD value, because most of our users will sell their BYC for BTC, and then convert to BTC. The value of Bytecent earlier this year remained stabled around 5 - 6 cents, no matter how high or low Bitcoin went. Over the past 6 months, BYC then stabilized around 9 - 10 cents. I will be the first to say Bytecent is not a day traders coin. It is the type of coin you buy when you need stability, and to be able to cash out a month later at the USD value you purchased at, or possibly higher. |
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johnnywoo2015
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December 20, 2015, 12:43:59 PM |
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Who is controlling the market on bittrex?! i don't think i can buy/sell.
Can you rephrase your question? Anyone is able to buy or sell BYC whenever they want. So I am not understanding your qestion. There is heavily bot activity on the market, i can't buy or sell on my ideal prices. I know bot(s) are an integral part of markets but this is so boring. Right. You need to adjust your trading strategy to account for the bot activity. Just buy low and sell high. Its really easy and after 1m of looking at the charts you should know where low and high are. Buy low/sell high is simple strategy and doesn't work always, a few days ago i saw sudden dump on 20k and now price is 31k, sudden dumps always happen Yes you are absolutely correct. However, anytime the value of BTC increases sharply, there are traders who use that opportunity to exit. But if you have been watching the Bytecent market over the past 6 months, Bytecent always bounces back. Tomorrow in my announcement I will explain exactly why that is. Moreover, do not pay attention to the BTC value of Bytecent, it is irrelevant to Bytecent. Bitcoin is just the vehicle use to convert BYC to USD and vice versa. However, pay attention to the USD value. Early on I made it clear that the metric to determine Bytecent true value was the USD value, because most of our users will sell their BYC for BTC, and then convert to BTC. The value of Bytecent earlier this year remained stabled around 5 - 6 cents, no matter how high or low Bitcoin went. Over the past 6 months, BYC then stabilized around 9 - 10 cents. I will be the first to say Bytecent is not a day traders coin. It is the type of coin you buy when you need stability, and to be able to cash out a month later at the USD value you purchased at, or possibly higher. Thank you for all your hard work, i really appreciate it and yeah i know BYC was the most stable coin on trex in recent months, i would say, well done... you did well. |
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Bytecent (OP)
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December 20, 2015, 01:25:11 PM |
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Thank you for all your hard work, i really appreciate it and yeah i know BYC was the most stable coin on trex in recent months, i would say, well done... you did well.
Thanks! |
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Bytecent (OP)
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December 21, 2015, 12:07:46 PM |
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Today at 11AM EST I will be making an important Bytecent announcement. Stay tuned...
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Bytecent (OP)
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December 21, 2015, 03:51:31 PM |
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Alexthesalamander
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December 21, 2015, 04:17:36 PM |
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13 cent is too expensive isnt it?
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Buy high and sell low
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sncs
Member
Offline
Activity: 85
Merit: 10
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December 21, 2015, 04:39:10 PM |
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13 cent is too expensive isnt it?
With everything that's coming? With the low coin count and all the developments I reckon we will be at 50 cents next year.. So either buy now at 13c or panic buy on the way up. The choice is of course yours. I've been buying up BYC at the 5-6 cent rage a few months ago, already doubled up. Now to buy more before the price skyrockets next year  |
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sncs
Member
Offline
Activity: 85
Merit: 10
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December 21, 2015, 04:42:18 PM |
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Great work dev, looks like BYC is just going up from here.. Cant wait for the whole picture to come together with all these services.. And a publicly traded company using BYC? Just amazing! Future looks very bright for BYC. Keep up the great work! |
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Bytecent (OP)
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December 21, 2015, 05:13:31 PM |
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13 cent is too expensive isnt it?
Bytecent has less than 850,000 coins in circulation. So even if Bytecent was worth $1, our market cap would still be less than 1 million dollars. So 13 cents per coin is cheap, and the value of Bytecent will steadily increase over time. Earlier this year Bytecent was stable around 5-6 cents. Then the next floor was around 10 cents. Just recently we started trading around 12 cents. As we attract more advertisers, and partner with more companies, the demand will outpace the supply. Actually that is beginning to happen now. Every few days we have to buy coins for our Bytecent rewards platform, and lately we have been increasingly having to buy from the wall. If you want to buy Bytecent in large quantities, you must buy off the wall. Very few people are willing to dump large amounts of BYC at this time. Once our partner's rewards program goes live, that will be quadruple the amount of BYC we will be required to buy every few days. |
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Alexthesalamander
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December 21, 2015, 06:34:15 PM |
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its not healthy if it rise too much too fast then fall down again like crazy. thats the problem with every altcoin. stable price in $ is what altcoin need.
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Buy high and sell low
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Bytecent (OP)
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December 21, 2015, 06:36:32 PM |
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its not healthy if it rise too much too fast then fall down again like crazy. thats the problem with every altcoin. stable price in $ is what altcoin need.
From 5 cents to 12 cents within a year isn't a fast rise. |
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Bytecent (OP)
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December 21, 2015, 07:17:02 PM |
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its not healthy if it rise too much too fast then fall down again like crazy. thats the problem with every altcoin. stable price in $ is what altcoin need.
You clearly didn't read my announcement. For nearly six months, Bytecent has remained in the 9 - 10 cent range, with the occasional spike and dip. Several months prior to the recent price increase, Bytecent was stable in the 5 - 6 cent range. No other minable coin has enjoyed similar price stability, for the same prolonged length of time. Therefore, Bytecent is one of the most stable and reliable digital currencies available. |
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ChrisLandin
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December 22, 2015, 07:58:13 AM |
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Brilliant stable work Chris.
I mined BYC when it launched held them and ive bought a fair few more.
I believe this project WILL explode.
The dedication to develop not only the platform but add in intrinsic value to the coin will ONLY make it succeed.
Well done and Merry Xmas
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Bytecent (OP)
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December 22, 2015, 09:03:54 AM |
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Brilliant stable work Chris.
I mined BYC when it launched held them and ive bought a fair few more.
I believe this project WILL explode.
The dedication to develop not only the platform but add in intrinsic value to the coin will ONLY make it succeed.
Well done and Merry Xmas
Thank you for the kind words, and Merry Christmas to you and your family! |
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lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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December 23, 2015, 04:02:26 PM |
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Great work dev, looks like BYC is just going up from here.. Cant wait for the whole picture to come together with all these services.. And a publicly traded company using BYC? Just amazing! Future looks very bright for BYC. Keep up the great work! At last, a Christmas gift for all of us. I hope the shopping rewards app would be like a browser plugin, compatible for use with most online retailer. More power to BYC this 2016! |
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