[2017-11-24]Binance’s Statement on Bitcoin Diamond (BCD)

[SlipMart]

Binance yesterday released statement on Bitcoin Diamond stating its stance on the fork scheduled to happen today, in the statement it reads;

Fellow Binancians,

Binance is preparing for the upcoming Bitcoin Diamond (BCD) hard fork (estimated to occur on 2017/11/24) with the following procedures:

Before the potential fork, Binance will take a snapshot of all Bitcoin balances in Binance accounts （including BTC held in open orders) at Block 495,866. After we determine the forked blockchain and wallet to be usable and stable, Binance will credit users with their BCD (1BTC will give 10BCD).
For the trading and listing of BCD on Binance, BCD will go through the same strict listing review process as Binance does for any other coin/token. The default position we have is no listing.

Continue Reading At https://bitzamp.com/binances-statement-bitcoin-diamond-bcd/

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[Samarkand]

...

Binance is preparing for the upcoming Bitcoin Diamond (BCD) hard fork (estimated to occur on 2017/11/24) with the following procedures:
...

Why does Binance even bother with the Bitcoin Diamond hard fork?

They should have taken a look at the development activity of Bitcoin Diamond first. A quick glance at their Github
reveals that they have only 3 commits!

https://github.com/Bitcoin-Diamond/BitcoinDiamond

This complete project is a joke and I´m extremely shocked that any exchange is actually
crediting the BCD balances to their users. I think this is beneficial in the case of serious forks
like Bitcoin Cash, but Bitcoin Diamond is simply too unprofessional with a complete lack of
development activity.

[SlipMart]

...

Binance is preparing for the upcoming Bitcoin Diamond (BCD) hard fork (estimated to occur on 2017/11/24) with the following procedures:
...

Why does Binance even bother with the Bitcoin Diamond hard fork?

They should have taken a look at the development activity of Bitcoin Diamond first. A quick glance at their Github
reveals that they have only 3 commits!

https://github.com/Bitcoin-Diamond/BitcoinDiamond

This complete project is a joke and I´m extremely shocked that any exchange is actually
crediting the BCD balances to their users. I think this is beneficial in the case of serious forks
like Bitcoin Cash, but Bitcoin Diamond is simply too unprofessional with a complete lack of
development activity.

Thanks For the Link Provided

[replicator]

Why does Binance even bother with the Bitcoin Diamond hard fork?

They should have taken a look at the development activity of Bitcoin Diamond first. A quick glance at their Github
reveals that they have only 3 commits!

https://github.com/Bitcoin-Diamond/BitcoinDiamond

This...

That seems to be the Github for another Bitcoin "Diamond" (http://bitcoindiamond.in/ vs http://www.btcd.io).

[senin]

Bitcoin diamond is already, they say, appeared and quite well. However, that his course was intended as a tenth of the original bitcoin, there was no information. And how does one relate to the appearance of some kind of superboke in the middle of December? In our fork bit fork almost every month.

[Slow death]

Why does Binance even bother with the Bitcoin Diamond hard fork?

answer: Greed

Bitcoin Diamond [Futures] Markets:

Source

YoBit
OKEx
Gate.io
EXX
Bit-Z
Binance
AEX

ANN [DECENTRALIZED] Bitcoin Diamond - Proof Of Stake Version Based On Bitcoin

" This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. "

[hatshepsut93]

Why does Binance even bother with the Bitcoin Diamond hard fork?

answer: Greed

Bitcoin Diamond [Futures] Markets:

Source

YoBit
OKEx
Gate.io
EXX
Bit-Z
Binance
AEX

ANN [DECENTRALIZED] Bitcoin Diamond - Proof Of Stake Version Based On Bitcoin

" This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. "

People are not wrong when they say that forks are the new ICO's - it costs almost nothing to create a fork, even much less than running an ICO, since you don't have to spend money on ANN design, whitepaper, bounty campaign - and exchanges are very welcoming because more coins means more volume, and more volume means more fees - and the list of exchanges that support BCD gives a good idea what kind of a coin this Bitcoin Diamond is (spoiler: it's a shitcoin). The only advice I have to give to newbies: don't chase the hype, don't buy and hodl shady altcoins, keep your bitcoins safe and be very careful when you decide to expose your private keys to software other than official Bitcoin clients.

[bbc.reporter]

What is bitcoin diamond again? I have a hard time following all of them now, like how hard it is to follow all the ICOs hehehe.

I reckon that this might be a concentrated effort to kill bitcoin made by the bankers, other altcoin founders or maybe the government.

In any case, I speculate, the motivation behind them might be more than greed.