Bitcoin Forum

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.

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.

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.  ::)

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.

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.

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.

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.

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

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.

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?

My point is that the sons of these bitcoins can bring huge profits to investors, so they will all support this, but time will prove everything, and prove that they are all rubbish.

It's a way for the forkers to get free money and it works, so why stop.

Hardforks enlarge Bitcoin block. I am very surprised that there was no much hype around the latest Bitcoin Diamond fork. They even started to trade it with no fuss. As I have read the initially new crypto price was $75, and soon it grew to $100.

As has been mentioned, forking Bitcoin blockchain is just a new trend that was born out of something that was originally done in an earnest attempt to improve the future of the technology. However, once the price of one forked coin skyrocketed, people saw it as an opportunity to make money. It's really the wild west out here right now lol.

This new forks were just trying beat the one and only original bitcoin (BTC)  but still no one can do it and it's still like the other coins a dump and pump coins which guve more benefits to its developer.

Every forks produce money for its creators. So everyone want join the party

Guys, is it worth it to buy bitcoin diamond of this hour or is it too late to enter into it? :o

Oh, I read on this forum that Bitcoin Super will be the next one. It will start  on December 17.

Originally the purpose of these Bitcoin hard forks was to proposed a solution on its scaling problems but nowadays it's different, developers now wants to do hard fork to make quick money. Actually all of these hard fork coins are really worthless and useless, it only gains value because they will distribute a huge percentage of its max supply equivalent to Bitcoin investors holdings, it's a good thing for us because we earn free coins by just holding our Bitcoins but the real winner here are the hard fork developers because they will surely get large percentage of the pre-mined shitcoins. And now they found it more profitable than running a shitty ICO scam.

In case you didn't know, there is also a bitcoinwhite. I believe all these forks are just to whittle tge price and value of Bitcoin core and at the same time make money for miners and devs. Disappointedly, I must tell you, Bitcoin has remained unperturbed and has continued on the bullish trend with all these distractions.

Gold rush 2.0, a Huge mass of people hoping to buy at the bottom and make a fortune how to bitcoin at the time the pioneers did.

Why invest in the fork when you can invest in the real thing?

It's a simple question. They add income to people who hold bitcoins. Since everyone is making money, why do they exclude them? The people who lost money were those who bought the coin.

Today many people even think that it is something like scam. Almost no one knows about this coin developers that are called Bitcoin Diamond Foundation. GitHub does not have a page with and an open source, and there is no whitepaper on Bitcoin Diamond site.

Its not my cup of tea, but ask yourself, If you could, would you? Nothing beats human greed. As long as these forks remain profitable, expect this trend to continue.

While this is a big mystery oen. Practically nothing is known about this project and about the people who created it. In this situation, everything can be anything. Very curious to watch the news.

I would recommend using simpler coin mechanisms, such as Waves. There is no beginning to flow to the deep water only consistently step by step you can get rich.

How do you get rich with waves? It is moving since month more or less side wards. The coins you might get from leasing are not having any value.

You said bitcoin is the creator of bitcoin gold,bitcoin cash and bitcoin diamond?  I think they are some developer want to earn money and he make their own coins why we have bitcoin gold and a like.

Is not a problem whether there are many other coins like bitcoin cash and others. as long as we are able to earn money from that coins.

Although conservative adherents of the original bitcoin continue to call any coin separated from bitcoin as a shit coin, I do not consider them useless. Differing by certain improvements, these coins will still make the initial bitkoyn improve, or it will lose its place as the leader of the crypto currency. Between the crypto currency, you need a healthy competition and the coins that have disappeared, in my opinion, just will create it the original bitcoin. There will be no such competition, and there will be no sense to improve and develop in the initial bitcoin. And so, over time, the market itself will put everything in its place and determine the usefulness of this or that coin.