Bitcedi (BXC) Live Price Chart & History
Live BXC / USD Price Chart
Last Updated @last_updated
Since launching at $0.0165681 on 02/06/2016 Bitcedi has achieved a price of $0.0107686, rising 15.02% in the last week alone.
Bitcedi Price Analysis: Predictions and Forecasts
Why buy Bitcedi? What is it used for?
Bitcedi is a cryptocurrency, like Bitcoin. It is based on CryptoNote and anonymous technology and updated with unique untraceable encrypted messaging system and blockchain based deposits. Nobody owns or controls Bitcedi, it uses peer-to-peer technology and fair ASIC-resistant PoW mining process to operate with no central authority... Bitcedi is a community driven cryptocurrency, easy to mine, meant to be widely accepted by merchants, consumers and the normal day to day person without any hussle. Bitcedi provides instant worldwide privacy protected transactions and untraceable encrypted messaging transfers with almost zero processing fees in decentralized peer-to-peer users network. Mathematics secures the BXC network and empowers individuals to control their own finances and information.
Bitcedi was launched in 02/06/2016. .
Bitcedi Trading: How To Buy + Trade BXC
Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
- Create a Bitcoin, Litecoin or Ethereum wallet
- Create a Bitcedi wallet to recieve your coins
- Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
- Transfer the major coin you have bought to an exchange that trades BXC
- Exchange your BTC, ETH or LTC for an amount of BXC, depending on the current exchange rate
- Move your Bitcedi coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange
The downsides of trading BXC on an exchange
As you can see, the process for trading Bitcedi is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.
Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of Bitcedi crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.
What's the alternative?
If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:
- The brokers are established and regulated by financial conduct authorities
- Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
- Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
- Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before Bitcedi goes to zero
You can see our list of featured trading platforms here
Will the price Bitcedi fall continue to rise?
It's impossible to predict for sure if Bitcedi is due for a crash or is headed to the moon, but this is what we do know:
- In the past 7 days Bitcedi has risen by 15.02%
- In the past month it has gained 14.342751439008%
- In total it has fallen in value by $-0.0057995 since its inception, a change of 65.00%
Can Bitcedi reach, replace, pass or overtake bitcoin?
At present Bitcedi is trading at 0.00000119 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 84,033,613.4%. If we assume Bitcedi continued to as it has in the last month - with a price change of 14.34% it would take 8.7958479694884 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.
Price Targets:
If you're wondering if the price of BXC is going to take off and increase in price to a higher level we've done the math for you.
In order for Bitcedi to reach $0.05 it needs to increase in price by a factor of 4.64x. Given its present growth rate of 14.34% per month, it could take just 7.0 months to hit a price target of $0.05 USD
What is the probability of hitting $0.05 over time?
Time period | Chance final price > $0.05 | Chance final price < $0.05 |
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1 week | 6.3% | 93.6% |
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1 month | 23% | 76.9% |
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3 months | 33.5% | 66.4% |
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6 months | 38.1% | 61.8% |
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1 year | 41.6% | 58.3% |
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2 years | 44% | 55.9% |
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3 years | 45.1% | 54.8% |
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4 years | 45.7% | 54.2% |
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5 years | 46.2% | 53.7% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $0.10 it needs to increase in price by a factor of 9.29x. Given its present growth rate of 14.34% per month, it could take just 10.2 months to hit a price target of $0.1 USD
What is the probability of hitting $0.10 over time?
Time period | Chance final price > $0.1 | Chance final price < $0.1 |
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1 week | 1.3% | 98.6% |
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1 month | 14.2% | 85.7% |
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3 months | 26.8% | 73.1% |
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6 months | 33% | 66.9% |
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1 year | 37.9% | 62% |
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2 years | 41.4% | 58.5% |
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3 years | 42.9% | 57% |
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4 years | 43.8% | 56.1% |
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5 years | 44.5% | 55.4% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $0.20 it needs to increase in price by a factor of 18.57x. Given its present growth rate of 14.34% per month, it could take just 1.1 years to hit a price target of $0.2 USD
What is the probability of hitting $0.20 over time?
Time period | Chance final price > $0.2 | Chance final price < $0.2 |
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1 week | 0.1% | 99.8% |
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1 month | 8% | 91.9% |
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3 months | 20.8% | 79.1% |
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6 months | 28.3% | 71.6% |
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1 year | 34.3% | 65.6% |
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2 years | 38.7% | 61.2% |
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3 years | 40.8% | 59.1% |
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4 years | 42% | 57.9% |
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5 years | 42.8% | 57.1% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $0.25 it needs to increase in price by a factor of 23.22x. Given its present growth rate of 14.34% per month, it could take just 1.2 years to hit a price target of $0.25 USD
What is the probability of hitting $0.25 over time?
Time period | Chance final price > $0.25 | Chance final price < $0.25 |
---|
1 week | 0% | 99.9% |
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1 month | 6.5% | 93.4% |
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3 months | 19.1% | 80.8% |
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6 months | 26.8% | 73.1% |
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1 year | 33.2% | 66.7% |
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2 years | 37.9% | 62% |
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3 years | 40.1% | 59.8% |
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4 years | 41.4% | 58.5% |
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5 years | 42.3% | 57.6% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $0.50 it needs to increase in price by a factor of 46.43x. Given its present growth rate of 14.34% per month, it could take just 1.5 years to hit a price target of $0.5 USD
What is the probability of hitting $0.50 over time?
Time period | Chance final price > $0.5 | Chance final price < $0.5 |
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1 week | 0% | 99.9% |
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1 month | 3.2% | 96.7% |
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3 months | 14.3% | 85.6% |
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6 months | 22.5% | 77.4% |
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1 year | 29.8% | 70.1% |
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2 years | 35.4% | 64.5% |
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3 years | 38% | 61.9% |
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4 years | 39.5% | 60.4% |
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5 years | 40.6% | 59.3% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $1.00 it needs to increase in price by a factor of 92.86x. Given its present growth rate of 14.34% per month, it could take just 1.7 years to hit a price target of $1 USD
What is the probability of hitting $1.00 over time?
Time period | Chance final price > $1 | Chance final price < $1 |
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1 week | 0% | 99.9% |
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1 month | 1.4% | 98.5% |
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3 months | 10.4% | 89.5% |
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6 months | 18.6% | 81.3% |
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1 year | 26.6% | 73.3% |
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2 years | 32.9% | 67% |
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3 years | 35.9% | 64% |
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4 years | 37.7% | 62.2% |
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5 years | 39% | 60.9% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $5.00 it needs to increase in price by a factor of 464.31x. Given its present growth rate of 14.34% per month, it could take just 2.3 years to hit a price target of $5 USD
What is the probability of hitting $5.00 over time?
Time period | Chance final price > $5 | Chance final price < $5 |
---|
1 week | 0% | 100% |
---|
1 month | 0.1% | 99.8% |
---|
3 months | 4.4% | 95.5% |
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6 months | 11.4% | 88.5% |
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1 year | 19.8% | 80.1% |
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2 years | 27.4% | 72.5% |
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3 years | 31.2% | 68.7% |
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4 years | 33.6% | 66.3% |
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5 years | 35.2% | 64.7% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $10.00 it needs to increase in price by a factor of 928.63x. Given its present growth rate of 14.34% per month, it could take just 2.6 years to hit a price target of $10 USD
What is the probability of hitting $10.00 over time?
Time period | Chance final price > $10 | Chance final price < $10 |
---|
1 week | 0% | 100% |
---|
1 month | 0% | 99.9% |
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3 months | 2.8% | 97.1% |
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6 months | 8.9% | 91% |
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1 year | 17.3% | 82.6% |
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2 years | 25.2% | 74.7% |
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3 years | 29.3% | 70.6% |
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4 years | 31.8% | 68.1% |
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5 years | 33.6% | 66.3% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy In order for Bitcedi to reach $15.00 it needs to increase in price by a factor of 1,392.94x. Given its present growth rate of 14.34% per month, it could take just 2.8 years to hit a price target of $15 USD
What is the probability of hitting $15.00 over time?
Time period | Chance final price > $15 | Chance final price < $15 |
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1 week | 0% | 100% |
---|
1 month | 0% | 99.9% |
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3 months | 2.2% | 97.7% |
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6 months | 7.7% | 92.2% |
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1 year | 15.9% | 84% |
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2 years | 24% | 75.9% |
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3 years | 28.2% | 71.7% |
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4 years | 30.8% | 69.1% |
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5 years | 32.7% | 67.2% |
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy Is Bitcedi a good investment? Is it safe to put my money into BXC?
No, it is not a 'good investment' to buy Bitcedi, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Bitcedi as an investment but purely speculation.
It is certainly possible to profit from an increase in the value of BXC - and if you short the coin you might even profit from a crash in the market.
However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.
Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time
Market Sentiment
How popular is Bitcedi? Interest Over Time
Where is Bitcedi most popular?
Bitcedi Development + Team
There are @research_team_dev_size developers coding the source behind Bitcedi There are no sales or marketing staff on the team which could impede the coin's growth.
Bitcedi doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.
The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work