Bitcoin Forum

Binance is preparing for the upcoming Bitcoin Diamond (BCD) hard fork (estimated to occur on 2017/11/24).
So new free coin for BTC holders in Binance!


What do you think on this BCD? Is it a shit coin? It seems like it doesnt affect BTC at all ;D

Another scam hard fork?? I don't understand why this all are happening!! Bitcoin is slowly becoming the playing tool of the miners. That has to stop. And how do you claim that nothing is going to happen with bitcoin due to the hard fork? The chain will split and some of the market cap will go away with the newly created shitcoin. Seems like this fork is the way to increase business for Binance. Since they are the one who is supporting the fork, they are expecting a lot of people will move their funds to Binance with the hope of receiving free money. The bitcoin community should strongly oppose this upcoming hard fork.

About this fork was written that the new coin bitcoin diamond has improvements about the privacy, speed and cheapness of the transactions being carried out. This is exactly the improvements that are necessary for the original bitcoin. There will be a new coin, we will look. In the meantime, it's too early to say anything. One thing is clear, it will be another copy of bitcoins. If the bitcoin command does not make the above improvements to the bitcoin itself, then at least the clones are made with such improvements.

Is this for real?

Don't those fools know that Bitcoin Platinum had to come before Bitcoin Diamond?

Amateurs. ::)

Why is it that only Binance will support this? Any other platforms supporting this?

you know what the funniest part of all these forks is?

... it is the fact that most of them increase the block size :D
as if their useless token is going to be used so much that it will require bigger blocksize!
bitcoin diamond: 8 MB block size
bitcoin silver: 30 sec block interval which is somewhat the same thing
bitcore (BTX): 10 MB with 2.5 min block interval

and surprise surprise none of them ever surpass 100-200 kB block size...

8x the block size = 8x the value!!!11

Anyone up for a 1 GB Bitcoin <Random Mineral> ?

LOL too many forks these days. Why are they doing this?

This honestly looks a joke to me. Bitcoin diamond, gold silver, aluminium, copper, metal, what the heck is that. Devs have made it a joke now.

Easy money grabs.

NO GOD! NO GOD, PLEASE NO, NO, NO, NOOOOO...
My mind is going to explode now. Are you crazy forkmakers?
Forks, forks everywhere.
Bitcoin DIAMOND - Sounds solid.  ;D ;D ;D

Actually fork can be done by someone else, even there's thousands of bitcoin's fork created by individual but these forks including BCD,BCH, BTX and many more seem so appealing because it's supported by some major power or important people in the cryptocurrency world. but still, I'll keep staying in this original bitcoin than becoming confused these forks which always coming up which maybe created to generate money.

The hell. Another bull shit fork? And binance is behind it? Come on, not another lame ass fork. It's not helping the community in the bigger picture, so why try to go for it in the first place? We saw what happened to segwit2X and btg fork. BCH did exceptionally well, and now the same thing is continuing again and again. How many forms are bitcoin out there now? Btc, bch, btg, bcd, btd, bitcoinsilver(?) and how many more to come?

Are they not updated with news or even tried to search what happened to BTG? and now here Bitcoin Diamond which is sound more Scammy than BTG.
https://btcdimage.blob.core.windows.net/image/contrast.png. They still cannot get it, whether they show a better features than Bitcoin, If they cannot build a trust with the community, it will fail.

Oh what a surprise, They also have a Development team member who is a question mark https://btcdimage.blob.core.windows.net/image/team-k.png, Same with the Anonymous  Lead Developer of BTG, with this kind of representation, they will never build a trust with the community , maybe some will invest but I don't see it being successful.

I like how that chart says "established since". As if BTrash would ever establish itself.

What the hell? another fork? I really think this year will not end without this kind of news, I thought we will be having fun and holiday for Christmas. As I see the Descriptions, It is better than Bitcoin like Bitcoin Cash that is now experiencing a dip, also similar with other forked coins but over all, nothing strikes me, It's just another forked coin with hidden developers who expects that community will trust them. So No, I'll pass with this coin.

What is Bitcoin Diamond 💎 again?
Oh my, these people are clearly after the original bitcoin.
I see no reason for all these hard forks, why not focus on the original bitcoin and keep improving!

Its beginning to GWR annoying on this various forks that is coming out every now and there. But the question I am still finding difficult to understand is that how big exactly is the problem of bitcoin that all of the forks that have come out could not solve once and for all. If all the forks coming out could not solve this 'problem' then there is no assurance that this new fork will solve it.

Its just another way to pump the price from all I can see and thereafter lure people to put in their resources after that, they look for the perfect time to exit the market.

It's interesting to look at. Bitcoin Diamond came into existence shortly after Bitcoin Gold appeared. And per day this block of Bitcoin has reached number 495,866. Hardfork is formed and Bitcoin holders will get Airdrop BCD for free. Cheers :D

Do you have any link or clue? I am a bit tired of the fork. Just want to take a rest and focus on life.

The ambitious team Super Bitcoin plans to hold his fork on December 17, 2017, and bring the coin SBTC to the market.
https://tokenzone.io/all-posts/new-bitcoin-fork (https://tokenzone.io/all-posts/new-bitcoin-fork)

http://btcd.io , there you can find more information about Bitcoin Diamond (BCD). but,  right now no official BCD wallet already

I think Binance should step away from hard forks like this, created out of thin air with no community demand/support and no working wallets/proven code. It adds no value to the crypto market and might even cause cryptos to start losing credibility among regular folk.

$BCD BORN !!! At Nov.24 GMT 9:20am !!!
Bitcoin Diamond ($BCD) successfully forked at block height 495866 and 28 global exchanges launched !!

— Bitcoin Diamond (@BitcoinDiamond_)
New Exchanges support

 ??? ??? ??? ??? ???

Here you go: https://support.binance.com/hc/en-us/articles/115002980192-Binance-s-Statement-on-Bitcoin-Diamond-BCD-

Too many hard for has been made to introduce different alt coin but none of them were able to replace bitcoin even to divert the marketof bitcoin this only showd that the trust of bitcoin over other altcoin where far enough. Bitcoin diamond will not harm bitcoin and th value will still go even more higher than before

How is a fork making BTC a toy for the miners?
It's just another fork, if people decide it is worth x then that will be it's value if they toss it aside nobody will mine it.

Why would the community do something against?
You're trying to regulate the market, do what central banks do to protect their fiat?
Kind of ironic , isn't it?


Nice...
When do we get Ultra, Mega and Supra?


LE:
Oh, wait, does this fork have 210 million coins????????

Another fork??? And you think it has no effect on Bitcoin, i just hope it can't completely but the way the market is playing right now i just wish a good luck for the both.

The community just need to strongly oppose non viable forks. Every fork should be looked into, debated upon by Expert, experienced/knowledgeable people.
Community without strong ideology and code of conduct it must stick with will eventually crumble.

It needs 210 million coins, because $1m per BTC means 1 Satoshi = 1 cent.

And Bitcoin is headed way beyond that, so they are proposing a solution to the divisibility problem.

They are just really far ahead of the rest of the community, true pioneers. ::)

be very careful about these forks guys

don't let the greed of getting some free money blind your eyes on security measures that you otherwise would have taken. most of these people who are releasing the software for these forks (even the code) is not to be trusted blindly. it can be malware made to steal your bitcoins.

it can be done by the developers or some third party scammer. for example in case of bitcoin gold, recently one of the web wallets listed on their website scammed and stole lots of private keys.

It is a currency that according to your team will offer certain benefits such as superior privacy protection and faster transaction confirmations. One of its developers mentioned that the size of the block has been increased with a large capacity of transactions, which allows the speed of block generation to increase five times, this in order to have confirmations of faster transactions in the chain of blocks of BTC. Bitcoin Diamond is bifured today in block 495866 and has already been backed by numerous exchanges. These include huobi.pro, okex.com, coinnest.com, gate.io, bitsun, bibox, btctrade, Aex.com, Cex.com, Coinbene.com, Rightbtc.com and some others.

Brace yourselves for another coin that will give you another free money without doing anything, next in line is the bitcoin silver and the bitcoin copper, are they serious about this one? they just literally going to take all precious mineral down to metal, they are running out of names, aren't they? another obvious scam coin like BTG without a good trend and impact to the original at all. Op, is there any legit article about this one to showcase its distinctive features besides increasing the block size making it an obvious scam and centralized.

Is this true or a scam?

All of these forks might as well be.

its a gamble from both binance and the traders that will try to fall from this fork, if binance succeed then their business will go up high and more traders and investors will joing their exchange but if things went to the oother side investors and binance will suffer if this fork wont succeed binance will suffer and chances to be closed bringing investors money with them. i dont think i'll join this i'm not a fan of hard fork ideas.

I already got mine in binance. Didnt even knew about this one...

Wow! Did even know about it. How much is bitcoin diamond trading on binance?

Actually I think we're one step away from coins that are going to be built or forked exactly for this reason.
A malicious client that steals a few btc or a few hundred.

The worst thing is that with the avalanche of newbies begging for cents promotion of those forks gets really easy, even without considering the "helicopter money" that gets almost everybody crazy. And it is pretty easy to create such "project" , I doubt the cost for "development" , website, client are higher than 1k$. You just need to score a wallet with 1BTC and you've earned 3 times the annual wage in India.

does that fork had cancelled ? that one is the main reason why bitcoin pump and dump right ? i am one of those people who dont want to miss it but in short time withdrew because of the issue of cancel fork!

Well till now as per the analysis , there is huge fluctuation in the rate of BCD.
Its really created a hype  :o and investor are pondering.
For a new user like me, i puzzled why such fork is being schedule regularly.
The more i go deep inside to understand the more deeper the ans lies behind.

Patience is key in crypto so hoping a positive result as i invested in it. :P ;D

Whether it'll be shit coin or not, at least bitcoin holders have a chance to get free money if one day BCD has value. Tbh, become bitcoin holder nowadays is very blessed. I got free money from BTG and who knows if BCD will give me another extra money.

What do you think on this BCD? Is it a shit coin? It seems like it doesnt affect BTC at all
The hell. Another bull shit fork? And binance is behind it? Come on, not another lame ass fork.
It's not helping the community in the bigger picture, so why try to go for it in the first place? We saw what happened to segwit2X and btg fork.
How many forms are bitcoin out there now? Btc, bch, btg, bcd, btd, bitcoinsilver and how many more to come?

The plug has already occurred, and they say it's pretty successful. Thus, we have another clone of bitcoins with the name bitcoin diamond. For many, this simply means being able to have one more free coin, usually of great value. True, it is still unknown at what price he began to trade on the exchange. Since it is advertised with improvements that outperform the original bitcoin, let's see how it will show itself in the future. I do not consider it the appearance of fraud or anything else similar. The Crypto currency must be technologically advanced and if it does not make the original bitcoin in time, then let the improvements be in its clones.

All this forks. Getting irritating seriously.
Yes we need serious modifications and improvements. But i believe we can achieve this on the old Bitcoin.
My opinion.

Why and how should it effect Bitcoin?
Barely anyone knows about this coin. Devs are unkown. So far only binance is trading it. The liquidity is a joke. None of the known wallets is supporting it so far.
BCD will have much less isgnificance than Bitcoin Gold has.
With each fork coming the impact on the market will diminish.