Also, recently I came across this thread from last November about $BCD.
One of the key facts that article points out is the involvement of the chinese exchange EXX.COM
Bitcoin Diamond is unlike the previous forks of Bitcoin (Bitcoin Cash and Bitcoin Gold). Bitcoin Diamond is scam with huge red flags. Do not get scammed into buying Bitcoin Blood Diamonds.
Read on for more details and evidence of this scam.
Social media
The Twitter account was only registered in November 2017.
Twitter account registered November 2017
There is no Slack. Only a link to a Slack with no Invites.
Bitcoin Diamond Slack does not exist
The Bitcoin Diamond Telegram group is announce only and was created in November 2017. There is no activity, just jokes.
Bitcoin Diamond Telegram
Website domain
The btcd.io domain name was only registered on November 3rd anonymously.
btcd.io domain name was only registered on November 3rd anonymously
Chinese exchange EXX.COM is probably behind this scam
If we see the Telegram account of Bitcoin Diamond we see the words “Welcome” written in Chinese. We also see a screen shot dated November 18 which shows that BCD was traded against CNY before the snapshot date. The Telegram account also laughs at this like it is a big joke.
Look closely at the Bitcoin Diamond Telegram for clues
EXX.COM is also the first exchange listed on their web site.
The EXX.COM announcement of BCD has more information than the actual web site. Fishy, right? Link:
https://www.exx.com/newcoin/bcdEXX.COM is a mysterious exchange based in Hong Kong. The Twitter account was created in January and has NEVER tweeted.
@exxgroup Twitter account has never Tweeted
As someone on Reddit has concluded:
As it appears the exchange EXX.com came online sometime in early November and then the Bitcoin Diamond fork happened November 24, 2017. It seems the exchange was made just for Bitcoin Diamond as a farce to get other exchanges and wallets to begin accepting it. Maybe as a way to give it some validity since so far it looks like it’s just an airdrop or fake fork.
The team is anonymous
The anonymous developers “Evey” and “007” are ready to steal your money.
Your anonymous devs “Evey” and “007”
Source code
There is no source code and far fetched claims that every 1 BTC you have in a private key will equal 10 BCD.
There is no wallet support
Since there is no source code, hardware wallets Ledger and Trezor will not support Bitcoin Diamond.
Trezor says no code
Ledger says no bueno
Bitcoin Diamond only lists some shady wallets on their site. They also spell it “WALLTETS” on their web site. Well done scammers.
Scam “WALLTETS” listed on their web site
Bitgo is falsely represented as a wallet.
What you can do stop this scam from spreading
Promote this article and refuse to use exchanges which are supporting this scam.
Ask exchanges not to support this scam.
Ask any exchange which is supporting this scam to delist it.
Refute anyone who is asking exchanges to add this scam by pointing them to this article.
There is no blockchain and code for Bitcoin Diamond. It is a scam designed to steal your Bitcoins. If you have Bitcoin Diamond sell them immediately. You are holding Bitcoin Blood Diamonds.
I quoted the post in it's entirety just in case it ever goes missing.
As of now their block explorer is pretty glitchy and most exchanges, including Binance does not support BCD wallets (deposits or withdrawals) hence they keep saying that the coin wallet is under maintenance.
I will dig more into BCD in my free time and try to find out if it can be mined. That would go a long way into proving whether BCD is a good viable fork and hence a good investment or not.
