Should I invest in Bitcoin Diamond BCD?

Kemarit

legendary

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Quote from: btyco on May 23, 2018, 02:41:48 PM

This is one of the worst bitcoin forks and has no future. Even bitcoin gold is lame but it has a high market cap. The diamond variety sounds good in name, but in this case gold is worth more than diamonds. Although to be honest, you should just stick with bitcoin, these forks will die off eventually

Obviously all bitcoin forks has no future, expect for BCH, because the people behind are really doing their best to really promote this as the real bitcoin. But if not for them, BCH will simply go down die as well together will all the Bitcoin forks. As for the OP, let me give you a good rude awakening:

That is a fork coin and look what happened.

https://www.ccn.com/bitcoin-gold-hit-by-double-spend-attack-exchanges-lose-millions/

So just like @btyco, just stick with bitcoin and you will be fine. But if you wanted to have problems later, then its your call.

ss890

sr. member

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Quote from: really01 on March 02, 2018, 10:53:15 PM

BCD this time trading prices are very different in each website. I know that BCD has no official wallet and can not withdraw. But is that okay? Should I invest at this time?

If you now very well that they dont have any official wallet and they can not be withdrawn then why do you even care about trading them anyway. To be honest crypto currency is all about the risky business and it is the most uncertain thing right now on the earth. If you want to be stable enough into it then just try to reduce the risks of your investments. If you really want to make investment then go find some real coins but these forked coins they are just shit one and can turn into scam at any time. Better watch them out all the time.

stefany101

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Quote from: really01 on March 02, 2018, 10:53:15 PM

BCD this time trading prices are very different in each website. I know that BCD has no official wallet and can not withdraw. But is that okay? Should I invest at this time?

If sometimes it is using some trouble on depositing or withdrawing your funds then why should you invest with it? But we can't take control of your decisions if you you have chosen to invest with it.

Better to know first what is the lowest price that BCD has reached then you can picture out in your mind if it is still profitable if you invest with that coin and same as on other altcoins if you want to.

btyco

copper member

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This is one of the worst bitcoin forks and has no future. Even bitcoin gold is lame but it has a high market cap. The diamond variety sounds good in name, but in this case gold is worth more than diamonds. Although to be honest, you should just stick with bitcoin, these forks will die off eventually

Tigorss

member

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if you really believe in the growth of bitcoin the more the year the higher the value you have to start investing from now on because in the next few years you will get the benefits multiply.

Tynovten_

full member

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If you follow the development i think we will be interested. First i've never peek evena bit from the beginning of its appearance in indodax. But sometimes indirectly if i open the indodax market automatically I'll see the growth of some coins. Bcd for example early this april this one of the coins whose price rise drastic maybe if i don't mistakenly remember reached 60% compare other coins, no one reached that percentage.

xuan87

legendary

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BCD got no future, the one that going to make profit is the whales with pumping and dumping, nobody really cares about BCD and even if you want to do arbitrage you need to consider the demand number in that site, overall bcd is not a good coin to invest

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Daisy Smith on May 17, 2018, 05:09:48 AM

In my opinion, it isn't good to invest. You shouldn't buy it because of the prefix of bitcoin. You should invest or buy the coins that many people have already known and potential to increase with interesting features.

Those coins which are using the bitcoin prefix are doing it simply because of the number of hits recently bitcoin has on the internet. Its one of the top searched words on any search engine and today the price is much higher than what it was even 3years back. They are using the publicity and the popularity of bitcoin to reach the top and people should stop falling for them.

Quote from: Gozie51 on May 18, 2018, 10:18:05 AM

Currently the coin is up and I don't think bcd is a bad coin for profit. Looking at the coin's history, it has got to a reasonable price like getting to $104 and has a very good maximum supply of 210,000,000. I see it as a profiting coin.

Keep thinking like that and you people are going to the reason why coins like Bitcoin cash and gold became the biggest scams in the history of crypto.

Red Fish

sr. member

Activity: 435

Merit: 251

Better do not invest, if this is very new crypto without even wallet, the more smart way is to wait untill BCD will develop, at least BCD will make own wallet. New crypto go in the market almost each week, who can predict the future ?

Gozie51

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Quote from: tanghere02 on May 18, 2018, 05:15:06 AM

I wouldn't invest in BCD if I were you, instead invest it on bitcoin. At least when you invest in bitcoin, there is an assurance that this coin had go a long way already and would not be worried that much if the coin will be gone one of these days.

Currently the coin is up and I don't think bcd is a bad coin for profit. Looking at the coin's history, it has got to a reasonable price like getting to $104 and has a very good maximum supply of 210,000,000. I see it as a profiting coin.

rickadone

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Quote from: liuqi on May 17, 2018, 06:17:15 AM

Quote from: zafaryaqoob on May 16, 2018, 03:50:45 PM

Today 17 May 2018 this time is awesome to Invest in Bitcoin diamond Because of The Crypto market down today.

Crypto market is little down so why you should invest in Bitcoin daimond. Most of the altcoins are good growing platform so we should invest in some other it will make quick but if you expecting permanent profit. You should buy Bitcoin and Ethereum it will run forever in Crypto market.

There are just so many huge coins with a lot of prospect and potential to invest in, and I wonder why someone has decided to want to choose these one.

The gap between exchanges at that time may have been a bit huge based on what the person that posted below the OP said, but it still a very risky one. Right now, I am even surprised it is trading above $3 and listed in most exchanges, including Binance. Well, the choice is left for each individual to make, but as far as I am concerned, trying to invest in a forked coin does not make sense to me.

tanghere02

sr. member

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I wouldn't invest in BCD if I were you, instead invest it on bitcoin. At least when you invest in bitcoin, there is an assurance that this coin had go a long way already and would not be worried that much if the coin will be gone one of these days.

richcorner100

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I think the best coin from chain split of BTC is only Bitcoin cash and Bitcoin gold, but all these coin the price the same like others crypto, too high volatility so important to understanding their price action to know best times to entry and exit. BCC also include in top 10 ranking, so this coin could be has stronger fundamental than others coin split of BTC.

wuvdoll

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Quote from: really01 on March 02, 2018, 10:53:15 PM

BCD this time trading prices are very different in each website. I know that BCD has no official wallet and can not withdraw. But is that okay? Should I invest at this time?

If you want to be investing in a shit forked coin of bitcoin which is listed on several shitty exchanges, then be my guest to be ready to lose all that you are investing in a short time. Come on! I really do not know if guys like you do not always do research before making any investment in the first place ?

I know asking here may be one, but it is always better to have your own outright decision to make instead of seeking for opinions. BCD is a shit coin, and unless you want to be back here in the next few months, throwing darts at the community, then you should better stay away.

liuqi

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Quote from: zafaryaqoob on May 16, 2018, 03:50:45 PM

Today 17 May 2018 this time is awesome to Invest in Bitcoin diamond Because of The Crypto market down today.

Crypto market is little down so why you should invest in Bitcoin daimond. Most of the altcoins are good growing platform so we should invest in some other it will make quick but if you expecting permanent profit. You should buy Bitcoin and Ethereum it will run forever in Crypto market.

longminh123

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Quote from: really01 on March 02, 2018, 10:53:15 PM

BCD this time trading prices are very different in each website. I know that BCD has no official wallet and can not withdraw. But is that okay? Should I invest at this time?

That would be a very risky investment and I advise you not to invest in it. The risk is very high and you can lose all your money.
In addition, your profits will not be available for a long time. So I think you should revisit the problem and do not decide too hastily.

Daisy Smith

newbie

Activity: 14

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In my opinion, it isn't good to invest. You shouldn't buy it because of the prefix of bitcoin. You should invest or buy the coins that many people have already known and potential to increase with interesting features.

zafaryaqoob

newbie

Activity: 154

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Today 17 May 2018 this time is awesome to Invest in Bitcoin diamond Because of The Crypto market down today.

Direwolve735

full member

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Merit: 232

I don`t think this is a good idea. The impossibility of withdrawal and the absence of a crypto-currency wallet indicates that the coin is not sufficiently developed. Personally, I do not quite understand the purpose of creating this currency. Personally, I do not quite understand the purpose of creating this currency, since it works on the basis of the original Bitcoin functions. In general, the crypto currency is unpredictable and, as for me, has not enough reasons for success.

suzanne5223

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Quote from: Jimmy1980 on March 05, 2018, 09:39:24 PM

Quote from: suzanne5223 on March 05, 2018, 03:22:12 PM

Quote from: ahmad21 on March 05, 2018, 03:01:28 PM

Quote from: really01 on March 02, 2018, 10:53:15 PM

BCD this time trading prices are very different in each website. I know that BCD has no official wallet and can not withdraw. But is that okay? Should I invest at this time?

Yes sure if you are ready to burn up some of your cash then go invest in it. Its a pump and dump coin created by the developers. They occasionally give a pump in its value and give out a great dump afterwards. The pump is sometimes so weird that on one exchange the price is too high from that of another. It has almost zero chances to grow in long term until obviously John Mcafee tweets about it LOL. So I would say no instead go for LTC. Still has a better future.

You're right about what you concerning BCD and I won't advice anyone to invest into LTC either cause my affection towards the coin changed ever since I learned about LTC creator selling all is his holding.

I always felt Charlie Lee selling his LTC was a positive rather than a negative, but I am reasonably new to crypto so take that for what it's worth.

I refuse to accept that as a positive sign cause it shows that he didn't believe in the project. For example after Satoshi implement bitcoin he kept hold million of it to his self because he believe in it.
Meanwhile, ever since the news of Charlie selling all his holding come to light, LTC have been facing up and down in the market.

Topic: Should I invest in Bitcoin Diamond BCD? (Read 443 times)