thoughts on bitcoinred

[pure_happiness_inside]

https://www.bitcoinred.io/
https://coinmarketcap.com/currencies/bitcoin-red/
https://www.youtube.com/watch?v=dd9NY9_ysUw

BitcoinRed seeks to express emotions through colors, and is going to be a family of bitcoin color coins. Holding red will ensure that you get the others (bitcoinblue, etc.)
I received 2000 via an airdrop and now my coins are worth 200 USD. Not bad for an airdrop! I'm curious if there is value in this coin, if the current price is a part of the initial pump and dump, or if it would stay at this level?

I've participated in several airdrops, some coins do well initially and then plummet, like yajucoin, but others maintain their price, like eBitcoin. So what are your thoughts on what would happen with BitcoinRed?

[buytheeffinD]

Not sure I don't get involved much in airdrops because they generally have no value. But however I will admit for filling out a form or two that is quite good value you attained there. I know for me personally it isn't worth it because you are gonna have tons of busts before you get one like BitcoinRed but still everybody's gotta do what they like. However I do think it will be non existent in a few months from now even the big forks don't stand much chance against bitcoin therefore I give BitcoinRed a two thumbs down chance  . Cash out while you can in my humble opinion.

[Envrin]

https://www.bitcoinred.io/
https://coinmarketcap.com/currencies/bitcoin-red/
https://www.youtube.com/watch?v=dd9NY9_ysUw

BitcoinRed seeks to express emotions through colors, and is going to be a family of bitcoin color coins. Holding red will ensure that you get the others (bitcoinblue, etc.)
I received 2000 via an airdrop and now my coins are worth 200 USD. Not bad for an airdrop! I'm curious if there is value in this coin, if the current price is a part of the initial pump and dump, or if it would stay at this level?

I've participated in several airdrops, some coins do well initially and then plummet, like yajucoin, but others maintain their price, like eBitcoin. So what are your thoughts on what would happen with BitcoinRed?

I'm not a psychic to predict the future, but it seems to me that all these other bitcoins will in part be dragged in for the real bitcoin.

[rasho321]

bitcoin red had some pump for a short term but it is not really a good idea to invest in projects like these for anything more than during their ongoing pumps. and making sure to dump them very fast because their pumping cycles never last long despite being big.
and at some point the market will reject all these "bitcoin clones" that are using the name of bitcoin only and introduce some useless shitcoin to the community. these coins live purely based on hype, take that away from them and they are nothing.

[pure_happiness_inside]

well BTCRED just doubled in price since my last post...

BTCRED and eBitcoin are both listed on coinmarketcap, whereas yajucoin which was pumped and then dumped was never listed on coinmarketcap. BTCRED and eBitcoin are both listed on major exchanges whereas yajucoin is not (it's only on something called coinsmarkets) -- so maybe there's something there?

Additionally BTCRED and eBitcoin is a bit similar in that they are both ERC20 versions of bitcoin -- they have lower transaction fees and faster confirmation times, why wouldn't people use them?

I'm leaning towards just holding onto them to see what happens...

[Erowind]

I mean it's an airdrop shitcoin, but who knows, irrational markets might take the price somewhere.

[pure_happiness_inside]

60 cents!! Good thing I didn’t sell.

If anyone has any insight on what the value is I humbly welcome it.

[Endikadija]

well BTCRED just doubled in price since my last post...

BTCRED and eBitcoin are both listed on coinmarketcap, whereas yajucoin which was pumped and then dumped was never listed on coinmarketcap. BTCRED and eBitcoin are both listed on major exchanges whereas yajucoin is not (it's only on something called coinsmarkets) -- so maybe there's something there?

Additionally BTCRED and eBitcoin is a bit similar in that they are both ERC20 versions of bitcoin -- they have lower transaction fees and faster confirmation times, why wouldn't people use them?

I'm leaning towards just holding onto them to see what happens...

The important thing about ebitcoin and bitcoinred already listed on the middle exchange site with pump and dump such as yobit and coinexchange. But I can't see the advantage of use it. if the bitcoinred was erc20 token and it's pegged with the ethereum features. But it looks the price gonna increase to almost $1 for each bitcoin red.
Bitcoinred and ebitcoin just different in its name.

[5ensei]

Sounds like another pump and dump coin. If you wanna make a few bucks better sell when in profit. Most likely the devs will cancel the website, delete the thread, and you'll be left with a bag of worthless coins - which was free anyway so no real loss

[MiningSensei]

WOW WHAT THE FUCK HAS HAPPENED?

I have never expected to see this crap being over $0,50 each one of them. this is really happening guys?

I was just blaming all those people who were buying this one when it pumped from $0,07 to $0,15 in just a few hours.. It seems that i am the only one who was wrong in there.

It is incredible they way that it went up, how the fuck did it made more than x50 since it got listed?

And it was a coin who was distributed by an airdrop, this is pretty strange.

[jimbo2000]

I would've said just another shitcoin from an airdrop but you've got yourself 200 dollars so that's not something to complain about, I don't think it'll ever reach any value of any great significance but who's to say it can't reach maybe $1 a coin?

[Lodi0808]

Im also possitive in bitcoin red since its carrying the flagship of bitcoin core. Maybe it would take some time but Im pretty aure it would also get there.

[besiramidi]

bitcoinred is a new project, i have never known anything about this altcoin. I will learn more about it in the near future, look forward to receiving more information from you. If there are any good events you would like to announce here for everyone to follow.

[Ch1bi]

Any Bitcoin(insert color) I would be wary of. I personally was in a few of these kinds of coins and when the coin price fell it didn't recover. I would advise you to take caution as a lot of these coins aren't long term.

[nuskill]

Check out the Contract.

Its a 1:1 copy of the OLD eBTC contract.

So it has a unlimited amount of possible tokens....keep away from it!

[sandy14350]

these shit coins have no value actually, just created in the name of airdrop to just profit few people, these coins have no proper whitepapers, roadmaps nor developers, just get pumped at right time and get dumped at right time, so better be careful in investing such fraud coins

[francis2]

https://www.bitcoinred.io/
https://coinmarketcap.com/currencies/bitcoin-red/
https://www.youtube.com/watch?v=dd9NY9_ysUw

BitcoinRed seeks to express emotions through colors, and is going to be a family of bitcoin color coins. Holding red will ensure that you get the others (bitcoinblue, etc.)
I received 2000 via an airdrop and now my coins are worth 200 USD. Not bad for an airdrop! I'm curious if there is value in this coin, if the current price is a part of the initial pump and dump, or if it would stay at this level?

I've participated in several airdrops, some coins do well initially and then plummet, like yajucoin, but others maintain their price, like eBitcoin. So what are your thoughts on what would happen with BitcoinRed?

I'm not a psychic to predict the future, but it seems to me that all these other bitcoins will in part be dragged in for the real bitcoin.

This does not seem to be a fork but a ethereum shitcoin if the op can get the airdrop and sell it and make money that way then that is fine, I have time to waste maybe I could try to get some airdrops and make some money.

[hisuka]

Actually in any airdrop at first they wanted to attract more investors. Once they have many investors and support for the token they creates eventually they will dump the coins. This is my usual assessment also in bitcoinred at the end it will no value at all.

[pure_happiness_inside]

I have participated in a bunch of airdrops a couple months ago.

BTCRED and eBTC are the ONLY two coins that gained any value. I agree that the two are very similar concepts two. There might be something to it, but every time I think of that, I think that ether on ethereum would do the same thing...

[pure_happiness_inside]

I buy this AMA on eBTC:
https://www.reddit.com/r/eBTC/comments/7hu138/qa_from_the_first_livestreamed_ama_on_facebook_on/