Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bluestar1000 on January 04, 2018, 01:40:40 PM



Title: Bitcoin Diamond trading volume is now yuge
Post by: bluestar1000 on January 04, 2018, 01:40:40 PM
In the past day or so, Bitcoin Diamond's trading volume has increased hugely.

Currently now up to $920,774,000 USD. Which puts it 11th in the list of most traded cryptos.
Nearly all of it is on OKex and between BCD and BCH. (Note: OKex is a Hong Kong based exchange)
Although the price has slowly drifted downwards over the past few days, now at $24.3.

Can anyone explain?

$906,273,000 BCD/BCH
$3,516,290 BCD/BTC


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: lakimens on January 04, 2018, 01:47:15 PM
I too am wondering why it has that high of a volume with BCH..


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: bluestar1000 on January 04, 2018, 04:30:49 PM
24 hour trade volume just hit 1 billion.


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: Spoetnik on January 04, 2018, 04:34:32 PM
LIEKZ OMG IT'S YUGE !

ahahha stupid fucking noob reject pajeet investard  :D


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: mamabtc on January 04, 2018, 04:38:43 PM
technically, everyone who holds BTC received an equivalent amount of BCD after the fork.  so the coin’s value will be pumped artificially high in the beginning.


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: gazilla on January 04, 2018, 04:40:47 PM
I do not know what happened and what's more is that the price of BCD varies significantly from exchange to exchange. Just this week I lost 1000 bucks on BCD that I had bought in Gate.iom and the price plummeted to 15 dollars, while in Kucoin and Yobit it was around 50, what is worse is that none of these exchanges allow you to transfer BCD. All this because apparently no one knows who is behind BCD, then again we have the same thing with Bitcoin. But people will be people.


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: bluestar1000 on January 04, 2018, 04:50:17 PM
technically, everyone who holds BTC received an equivalent amount of BCD after the fork.  so the coin’s value will be pumped artificially high in the beginning.

Bitcoin Diamond was actually a 1:10 ratio.


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: madtea on January 04, 2018, 05:09:16 PM
Not sure about trading volume but I would keep my BCD, like I kept all the other forked coins.


Title: Re: Bitcoin Diamond trading volume is now yuge
Post by: bluestar1000 on January 04, 2018, 05:20:12 PM
I do not know what happened and what's more is that the price of BCD varies significantly from exchange to exchange. Just this week I lost 1000 bucks on BCD that I had bought in Gate.iom and the price plummeted to 15 dollars, while in Kucoin and Yobit it was around 50, what is worse is that none of these exchanges allow you to transfer BCD. All this because apparently no one knows who is behind BCD, then again we have the same thing with Bitcoin. But people will be people.

Yeah cryptocurrencies often vary greatly in price across exchanges.
The trend with these forks (after BCH) has been falling prices after their debut, but Bitcoin Gold has since stabilised recently.
So i think it's best to hold off for a good while before considering buying any, especially since like you say, there's still question marks about BCD, and several others.