tukangbrowsing (OP)
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Activity: 17
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November 25, 2017, 01:07:21 PM |
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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?
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BillyBobZorton
Legendary
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Activity: 1204
Merit: 1028
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November 25, 2017, 02:25:06 PM |
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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. |
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sufferer123
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November 25, 2017, 02:29:04 PM |
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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.
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TryNinja
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Activity: 2828
Merit: 6977
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November 25, 2017, 02:29:39 PM |
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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.  |
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Kurayy
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Activity: 7
Merit: 0
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November 25, 2017, 02:30:36 PM |
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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.
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deadsilent
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November 25, 2017, 02:43:39 PM |
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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.
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boakyei
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November 25, 2017, 02:46:09 PM |
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Another pump and dump scheme to benefit the developers. Bitcoins is still king. I am not buying into any forking.
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0verseer
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November 25, 2017, 02:48:09 PM |
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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. |
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Aura
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November 25, 2017, 03:02:48 PM |
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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.
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giveen
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November 25, 2017, 03:18:01 PM |
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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. 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. Not anymore they did try to pump btg but failed miserably. 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?
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. |
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tukangbrowsing (OP)
Newbie
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Activity: 17
Merit: 0
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November 26, 2017, 04:43:24 AM |
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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. 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. 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? |
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liangweicha
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Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
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November 26, 2017, 04:54:21 AM |
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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.
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Acguy
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November 26, 2017, 05:08:59 AM |
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It's a way for the forkers to get free money and it works, so why stop.
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p i e c e
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November 28, 2017, 01:15:45 PM |
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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.
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greply
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Activity: 42
Merit: 0
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November 28, 2017, 01:20:02 PM |
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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.
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Yhan
Newbie
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Activity: 56
Merit: 0
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November 28, 2017, 01:22:03 PM |
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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.
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Sylar2016
Member
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Activity: 111
Merit: 10
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November 28, 2017, 01:43:21 PM |
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Every forks produce money for its creators. So everyone want join the party
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superdant1
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Activity: 36
Merit: 0
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November 28, 2017, 01:49:29 PM |
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Guys, is it worth it to buy bitcoin diamond of this hour or is it too late to enter into it?  |
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V-t.Ester
Member
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Activity: 532
Merit: 25
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November 28, 2017, 01:55:37 PM |
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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.
Oh, I read on this forum that Bitcoin Super will be the next one. It will start on December 17. |
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VitKoyn
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November 28, 2017, 02:01:54 PM |
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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?
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. |
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