Bitcoin Diamond Already in Top4 Coins By MarketCap! And How Easy Is To Manipulate This.
You wont see it this way since marketcap has only Futures and no supply added yet.
It was forked and split yesterday so im expecting update soon, since the coins are not really futures. Just network is not secure enough to open wallets for withdrawals or deposits for now.
Top10 marketcap coins
BCD is x10 cap, so 1 BTC worth 10 BCD.
Currently then supply is 16 701 062 (BTC) x 10 = 160 701 062
Trades at 100USD if you had coins on right exchange.
If you didnt..
....guys i have said many times to use Binance! Register ASAP to not loose more opportunities.
So marketcap of BCD is:
160 701 062 x 100 = 16070106200 USD which is 16+ billions.
Beats DASH, Ripple, Monero and all the rest.
The Art of Smart Math
Of course this may change later when more coins come to market but this shows how Marketcap is easy to manipulate if you do it right. You could make 1 billions coins, open trading on 1 exchange and trade 10 coisn for 1 USD each. You would have 10 billion marketcap.
This is why i often (and if you read my posts) look for lists of coins out of top100.
Here are other setups to find current or future gems that are not visible due to everyone looking for top caps.
Of course do research on coins form that lists, check if they have good exchanges and such.
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I'll keep an eye on this one then!
All of this competition is going to be a good thing for Bitcoin or a real bad thing.. I see many dark forces at work in the crypto market as a whole.
It's going to be interesting but there is so much going on in crypto right now that has the possibility to seriously derail things in the short term..
@cryptographic
https://steemit.com/trading/@cryptographic/a-disaster-in-the-making#@cryptographic/re-pawsdog-re-cryptographic-a-disaster-in-the-making-20171203t183356320z
@pawsdog
https://steemit.com/bitcoin/@pawsdog/12-3-2017-the-market-view-and-trading-outlook
Bitcoin Diamond is one of the worst scams to date, please do not promote it, it is designed to give tens of millions of dollars to scammers.
https://medium.com/@btcblooddiamond/bitcoin-diamond-is-a-scam-of-epic-proportions-7d7908c43c22
Thank you!
This is funny and a bit ridicolous.
Bitcore ( btx ) should be in 4th position above all of these kind of shit.
Another Bitcoin fork, that is the new fad. Nothing new to add to the space...just piggybacking on the Bitcoin "brand".
Wow $16 billion just like that. Pretty crazy. Any more forks in the near future planned?
Well there was a fork of bitcoin cash
Personally, I don't think that BitCoin Diamond will provide any value in the future. Basically it's BitCoin with a higher supply, but like BitCoin Gold because it mines on GPU's. It's just a bad clone and I won't take part in it, even if there's "easy" money to be made.
But that's just me.
+1
+2
What is +1 suppose to mean? Just curious
It means he agreed and upvoted, but didn't have anything to add. It's not actually much better than just upvoting, accept it creates a response vector where the person you just upvoted can easily return the upvote.
Not a fan personally, but I'm not the +1 police.
You got me - its just a cheap way to make more comments. )
People will always find a way to get a comment added so others could possibly upvote the comment, therefore generating profit for them making a worthless comment.
Me, I try to give people someone to read first before I post.
+1 on that @josephsavage ;)
Oh never knew that. Thanks for the explanation
It originates from big e-mail threads (and other platforms) where there weren't any likes or upvotes. It used to be (and often still is) the way to say one agrees. It wasn't always a way to farm free money :)
it's so that he can give himself that $.57 upvote
+2
1320 Cryptocurrencies / 6988 Markets and Bitcoin is No.1
for now
Plus one satoshi! Just keeping it goinggg.
Using the +1
To me...
It's like you using that button by habbit from using the social network Google Plus. I haven't visited that website in many years, I don't even know if it's still active. But I remember it, I used to love Google Plus, but it's community parted ways, and only the higher up, and reputable people matter. So I stopped using it's network.
This one though, Not just SteemIT, because this is just one of the many communities you can create on Steem.
We need bitcoin shadow aka a fork to increase anomity.
Wasn't Dash kind of meant to fill that niche?
I do agree, though. Too many people think Bitcoin is anonymous when it isn't.
Dash uses coinjoin which is ok but no the best Read my ideas on a fork for anomity https://steemit.com/bitcoin/@sames/newest-idea-for-a-bitcoin-fork-split-anonymity
There is a huge difference between BCD and BTG, the first one has 8MB like BCH while the other only has 1MB like the original Bitcoin.
You just said it all, imagine other coin beats Bitcoin market. Sometimes any "easy" money are known as scams sincerely.
Agree bitcoin is top dog , but i advise to buy ripple , now is the time
Well that’s silly. I mean if you own a bitcoin you’ll get 10 BTCD. There’s free money to be made. That’s like seeing a couple hundred in the middle of the street and saying “it’s dirty so I don’t want it”. But I agree we need to stop forking. Although there’s so much incentive to keep doing it. That’s the problem.
exactly. more coins means more options which will diverse the users to choose other coins.
Cryptomarket has been though this phase before, everyone was making new cryptocurrency with just slight changes, most of the time just changing the name, and everyone who was buying them was hoping to sell them higher to next fool.
Be very careful with coins like these.
today they realise lightning network
I am not real smart so forgive my stupid question or trash me if you choose, I have thick skin.
Seriously, where is it coming from? What happens when half or more of the bc owners decide to get out? The money is in a bank somewhere, right?
It will never surpass Bitcoin Cash or Bitcoin. but it will surely reach 300$-500$ once it hits major exchanges.
It's true with a twist. It's a mix bag and a cashhh grab.
So dont you think @bittrex will eventually hand out everyones bitcoin diamond just like they did with bitcoin cash and bitcoin gold?
I trust in bittrex a
But i will also use binance now and signup under my fellow steem user!
Abd hey Lets get bittrex to start a referal program where they simply share a portion of any earky fees for anyone you can get to signup deposit coins and trade with! And speaking of bitcoin forks...minergate now allows anyine to mine bitcoin gold with their video cards or even cpu and all with a one touch start!
In about 5 years a lot of Alt coins will be gone because they didn't make it. Just because Bitcoin Diamond has 'Bitcoin' in it doesnt mean they will survive that long. Just like Gold they will vanish eventually because they both don't have any value. The true Bitcoin will stay for a long time though!
While a lot of that could be true, let's not be too hasty. There are no guarantees in cryptocurrency, and determining what gives a currency the most staying power isn't an exact science. That said, I've cast my lot in with currencies that have some serious traction, potential, and purpose - whether that was a wise move remains to be seen.
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Keep it up!
All the best!
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I don't mind to sit around and wait for wallet and exchange support, I'm probably just going to add to my LTC or ETH holdings like I'm about to with gold