Bitcoin Diamond?? - page 2. | Bitcointalksearch.org

tukangbrowsing

newbie

Activity: 17

Merit: 0

Quote from: BillyBobZorton on November 25, 2017, 09:25:06 AM

Quote from: tukangbrowsing on November 25, 2017, 08:07:21 AM

I wonder, why bitcoin create a such many coin ling bitcoin gold, bitcoin cash, and now what we see is bitcoin diamond? i don't get it, so why people support this coin too?

People are creating Bitcoin forks simply because it's the latest trend. Since it forks an already existing economy (the bitcoin one) it profits by making everyone holding BTC part of these fork's economies as a direct result of the split, since everyone holding BTC, gets whatever forked coin in equal amounts at the time of the split.

People may support it because if the fork gets support for a while, it will get listed on big exchanges, therefore it will pump, and people will be able to dump it for more BTC.

Quote from: TryNinja on November 25, 2017, 09:29:39 AM

Nobody supports these shit altcoins. People only care about the money they will earn when they sell their "free airdrop" for more BTC.

It's exactly like the ICO mania. Do you believe in the technology? "No. But it's free/I'm going to profit";
It all started with Bitcoin Cash and here we are with 2 new shitcoins in less than 2 months (Bitcoin Gold and Bitcoin Diamond). I'm just waiting for Bitcoin Copper, Bitcoin Emerald and Bitcoin Moon. Roll Eyes

Don't you think it's quite weird seeing coins like bitcoin gold, bitcoin diamond? And wat actually fork is, is it a way to create new coin, or it's side effect on bitcoin's system changes?

giveen

hero member

Activity: 826

Merit: 1004

Quote from: Aura on November 25, 2017, 10:02:48 AM

Because these forks are seen by developers as an simple way to create massive profits for themselves. It's as easy as copying Bitcoin's source code, doing some adjustments, announcing it as 'the' solution to all problems Bitcoin faces, pre-mining, releasing, selling the pre-mined coins. It's becoming a trend, like the ICO hype. But I don't mind it, because I hold Bitcoins and these forks also make me richer.

It could make you rich in the past but as the amount of forks occuring on a regular basis the demand for these keep reducing. See the case of bch the price was stable at $600+ for couple of weeks before it got pumped even higher. But in case of btg is seems like a clear dump , it hasn't provided any benefit nor it has been listed on all major exchanges even after a month it got forked.

Quote from: 0verseer on November 25, 2017, 09:48:09 AM

Quote from: boakyei on November 25, 2017, 09:46:09 AM

Another pump and dump scheme to benefit the developers. Bitcoins is still king. I am not buying into any forking.

More like a quick cash scheme by China miners. They have Binace at their hand, easy to pump it up to whatever the price.

Not anymore they did try to pump btg but failed miserably.

Quote from: tukangbrowsing on November 25, 2017, 08:07:21 AM

I wonder, why bitcoin create a such many coin ling bitcoin gold, bitcoin cash, and now what we see is bitcoin diamond? i don't get it, so why people support this coin too?

It doesn't get supported by many the only valuable contribution to btc was made by bch only , it is a really good coin to mine with lesser difficulty and with the current increase in price it has become more profitable.

Aura

sr. member

Activity: 518

Merit: 268

Because these forks are seen by developers as an simple way to create massive profits for themselves. It's as easy as copying Bitcoin's source code, doing some adjustments, announcing it as 'the' solution to all problems Bitcoin faces, pre-mining, releasing, selling the pre-mined coins. It's becoming a trend, like the ICO hype. But I don't mind it, because I hold Bitcoins and these forks also make me richer.

0verseer

full member

Activity: 480

Merit: 106

Quote from: boakyei on November 25, 2017, 09:46:09 AM

Another pump and dump scheme to benefit the developers. Bitcoins is still king. I am not buying into any forking.

More like a quick cash scheme by China miners. They have Binace at their hand, easy to pump it up to whatever the price.

boakyei

member

Activity: 358

Merit: 11

Another pump and dump scheme to benefit the developers. Bitcoins is still king. I am not buying into any forking.

deadsilent

hero member

Activity: 1148

Merit: 500

They are just using the name Bitcoin to make some money. Bitcoin Diamond is new though. I thought Bitcoin Silver will be the next hardfork. Then i saw this. It's already on Binance and it's kicking. But unlike the other bitcoin hardfork. It's supply is bigger than previous hardforks. With over 200 million BCD total supply. Expect the pump on Bitcoin because everyone like harkfork coin. Who don't want free money? It will be dumped later. Expect the altcoin market slow movement because Bitcoin is sucking most of the volume in the market. I think it will last for weeks.

Kurayy

newbie

Activity: 7

Merit: 0

Everybody want money. Forking any coin will simply gets airdrop of any coin. It just doesn't matter how much you have. Money is Money.

If you have power to get another fork, just do it. Whether the price will become 1 cents ore $1500 you will earn money.

TryNinja

legendary

Activity: 2758

Merit: 6830

Nobody supports these shit altcoins. People only care about the money they will earn when they sell their "free airdrop" for more BTC.

It's exactly like the ICO mania. Do you believe in the technology? "No. But it's free/I'm going to profit";
It all started with Bitcoin Cash and here we are with 2 new shitcoins in less than 2 months (Bitcoin Gold and Bitcoin Diamond). I'm just waiting for Bitcoin Copper, Bitcoin Emerald and Bitcoin Moon. Roll Eyes

sufferer123

member

Activity: 574

Merit: 55

And now these are forks. Anyone who wants to make money on the easy way is bitcoin fork and scouring people. I think these bifurcations will grow even more. Maybe Bitcoin Iron on the way lol.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: tukangbrowsing on November 25, 2017, 08:07:21 AM

I wonder, why bitcoin create a such many coin ling bitcoin gold, bitcoin cash, and now what we see is bitcoin diamond? i don't get it, so why people support this coin too?

People are creating Bitcoin forks simply because it's the latest trend. Since it forks an already existing economy (the bitcoin one) it profits by making everyone holding BTC part of these fork's economies as a direct result of the split, since everyone holding BTC, gets whatever forked coin in equal amounts at the time of the split.

People may support it because if the fork gets support for a while, it will get listed on big exchanges, therefore it will pump, and people will be able to dump it for more BTC.

tukangbrowsing

newbie

Activity: 17

Merit: 0

I wonder, why bitcoin create a such many coin ling bitcoin gold, bitcoin cash, and now what we see is bitcoin diamond? i don't get it, so why people support this coin too?

Topic: Bitcoin Diamond?? - page 2. (Read 629 times)