Body is cooling down, patient barely has any pulse – Bytecoin (BCN) is dead as a doornail

Two weeks ago, Bytecoin had a hellish time – the cryptocurrency got kicked out from two major crypto exchange platforms, one of them being Binance and the other OkEx. The slow and disinterested team put out a bleak information how they “work on being re-listed” and that was pretty much all that came from their side.

We all know that there are at least 98% of shitcoins among the 4000 projects that have been launched during this ICO frenzie. Bytecoin, although much older than the rest of worthless coins, appears to be fitting the definition of a shitcoin perfectly.

Delisting from OkEx was caused by a “critical technical issue that has been left unhandled”. Developers didn’t flinch on that announcement. The lack of communication is mind blowing – issues are left unchecked, so exchanges remove the coin from their platforms. Issues with wallets and transfers are high priority, none of those issues are answered by the Bytecoin team.


?What is the difference between Ethereum and Ethereum Classic?

This project is dead – anyone who holds BCN should sell it while they can, if you think you can bounce back, think again. And go see the price action of BitConnect to see the future of BCN, IF the team doesn’t start changing their approach to the project itself and to the community.

Probability of that happening is very low, though. The developers probably already have millions from the past pumps and don’t have any motivation to work hard and be professional about their own project, their commitment is lacking and its showing with all the issues that plague this sorry project.

Will BCN have any use in the future?

Let this post answer that question:

The only reasonable and sane use for bytecoin is to create a paper wallet for each and every bcn you own, properly stitch them together in portrait mode and email it to a company that will create hundreds of rolls of toilet paper out of these paper wallets.

This at the moment pretty much defined the proper and every day use of Bytecoin.

/* Mic drop.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Philipp Traugott

Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.

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