Unfortunately, forking Bitcoin is the new trend. Because people pay attention and hope to make money out of it, they continue to do that over and over again. In fact, they seem to be struggling to find names for it now. I just reccently saw Bitcoin Diamond. Seriously! When are they going to stop this madness?!? We should not show interest in those kind of projects at least.
Topic: Bitcoin Diamond .... is it a scam? (Read 1380 times)
Very interesting news.
Despite claiming a 28-exchange support figure, however, little is known about what BCD aims to achieve.
That process is slowly occurring with Bitcoin Gold, the previous fork of the network which is nonetheless gaining momentum on markets.
Despite claiming a 28-exchange support figure, however, little is known about what BCD aims to achieve.
That process is slowly occurring with Bitcoin Gold, the previous fork of the network which is nonetheless gaining momentum on markets.
There is one fork of Bitcoin every month now... 
Lots of companies and people want to get a bigger slice of the cake.
It is the duty of the crypto community to ignore them completely Lots of companies and people want to get a bigger slice of the cake.
There is one fork of Bitcoin every month now...
Lots of companies and people want to get a bigger slice of the cake.
Lots of companies and people want to get a bigger slice of the cake.
All the coins that are generated after the bitcoin fork are not bitcoin. Nomatter how other people try to replicate btc, always remember there is only one bitcoin. Bitcoin cash, biycoin gold and bitcoin diamond is not bitcoin. Its early to say if its a scam, bit one thing's for sure, the developers of these coin are merely monetizing on bitcoin's success innthe crypto world
IMHO those who think ppl were known cryptocurrencies do not carry nothing valuable, their desire to get the investors ' money on the fame of the name of the original coin)
This is another altcoins that will steal limelight from bitcoin. Same crap that is promoted now and expecting the list will go on. People are jumping the bandwagon because for profit and nothing more. Still I do believe the bitcoin, the original.
Yep, there is just one bitcoin and it is the sweet old BITCOIN . no cash no silver no crap just BITCOIN Probably Yes, read the news about the wallet that hacked millions of BTG here it is, take a look: https://news.bitcoin.com/bitcoin-gold-wallet-stole-private-keys-scooped-3-3-million/, oops we are talking about Bitcoin Diamond here, so here is the link for the Bitcoin Diamond https://www.finder.com.au/bitcoin-diamond-looks-like-a-scam, You now have the time to decide, but as for BTG and BCD are both "Probably" Scam coins.
Thanks for the info 
Bitcoin gold, diamond, silver, etc. this job has gone out of its way. It was a total nonsense. In the world of Blockchain, many coins have started to come out under the name of bitcoin, which has no meaning or endurance to earn for a pittance. These are because of greedy mining companies. They are hurting confidence that bitcoin created.
These forks are the new "ICO's" completly useless if you ask me
Really looks fishy. But we can do our due diligence by investigating.
It will be a scam soon enough, trying to use the word "bitcoin" and incorporate it with "diamond" to create the own coin (doesnt have originality).
These people only wants money from unsuspecting investors, just like bitcoin gold a fishy looking coin.
These people only wants money from unsuspecting investors, just like bitcoin gold a fishy looking coin.
Every coin whose have the most popular coin in own name are worthless, in my opinion the best way is disregard coins like its
If it looks and smells fishy, than it is a fish, a dead scam laced fish.
Why would someone bother to fork bitcoin anyways?
Bitcoin is great except for its scalability problems. There have already been tons of projects that have tried to fix this.
So what new and upcoming forks will do so differently that will guarantee bitcoin's scalability issues gets fixed?
Nah, it really is all just to get more money.
Forking bitcoin brings with it the benefit of putting bitcoin into your shitty altcoin's name (I guarantee there will someday be a bitcoin rainbow, just wait and see.)
Also, the increase in forks is a response to the past cases where btc pumped before a fork because people desperately wanted, "Free coins!"
This allows people to appreciate on their already held btc, mine the crap out of their forked coin before release, and capitalize upon distribution to exchanges.
Also, have you realized that these forks are kind following pokemon's various names and incarantions over the years? So we can expect a bitcoin sapphire and ruby, bitcoin crystal etc. etc.
I agree it is a joke, they see it as a cashing machine. fork and make money and the people like free money. Why would someone bother to fork bitcoin anyways?
Bitcoin is great except for its scalability problems. There have already been tons of projects that have tried to fix this.
So what new and upcoming forks will do so differently that will guarantee bitcoin's scalability issues gets fixed?
Nah, it really is all just to get more money.
Forking bitcoin brings with it the benefit of putting bitcoin into your shitty altcoin's name (I guarantee there will someday be a bitcoin rainbow, just wait and see.)
Also, the increase in forks is a response to the past cases where btc pumped before a fork because people desperately wanted, "Free coins!"
This allows people to appreciate on their already held btc, mine the crap out of their forked coin before release, and capitalize upon distribution to exchanges.
Also, have you realized that these forks are kind following pokemon's various names and incarantions over the years? So we can expect a bitcoin sapphire and ruby, bitcoin crystal etc. etc.
It is too early to detect bitcoin diamond as scam, but the one that I know is all people not interested in this coin and most of the people confuse why bitcoin got so many forking, and bitcoin diamond will be in a trash list by the investors, so be careful if you want to invest in bcd
any idea if any top 5 exchange will start to adopt BCD?
can't say anything at this point. the big exchanges only list these things if they have a high volume and it is worth the effort. because they have to run their wallet and it is a tough thing to do specially since they need a full node for security reasons and full node requires at least 150 GB space of their servers. each fork like this takes up that much they will be left with no server space!
been a hell of a year end fork. 2018, more forks incoming?
most probably yes. 2018 will be a disastrous year full of scams and filled with infected people who lose bitcoin because they got greedy to claim some fork coin.
This is an article I read today and things seem fishy to say the least.
Enjoy the read.
https://medium.com/@btcblooddiamond/bitcoin-diamond-is-a-scam-of-epic-proportions-7d7908c43c22
Enjoy the read.
https://medium.com/@btcblooddiamond/bitcoin-diamond-is-a-scam-of-epic-proportions-7d7908c43c22
Bitcoin diamond is not really scam but really often fork make people dont really believe in product.
So many product born from the several fork. The only have big attention is first one like bitcoin cash.
This is an article I read today and things seem fishy to say the least.
Enjoy the read.
https://medium.com/@btcblooddiamond/bitcoin-diamond-is-a-scam-of-epic-proportions-7d7908c43c22
Enjoy the read.
https://medium.com/@btcblooddiamond/bitcoin-diamond-is-a-scam-of-epic-proportions-7d7908c43c22
Maybe yes maybe not, just wait and see what happen is the best we can do. We can't say it's scam if there is no proof they can survive on the real market, besides that every one has their own decision. I believe most people will take the safe way if there's something like this comes up, meaning they will replace their knowledge, trust and money into bitcoin it self. I'll not take part with Bitcoin Diamond, for me it's just alternative but bitcoin it self is the main. Just enjoy the real market and keep grow up our skill to face the risk like this. Thank you and good luck.
any idea if any top 5 exchange will start to adopt BCD? been a hell of a year end fork. 2018, more forks incoming?
Its fake news.bcd not scam.bcd already add yobit exchanger.how can u say its scam???
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