Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => Bitcoin Diamond => Topic started by: alltalk on November 28, 2018, 03:02:08 PM
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I want to help you to understand about Bitcoin Diamond. Below I gathered the information for you.
Definition
Bitcoin Diamond means a hard fork of Bitcoin. This fork has created on block 495866, in November 2017.
(Source: https://en.bitcoinwiki.org/wiki/Bitcoin_Diamond)
Is Bitcoin Diamond different than Bitcoin?
The difference between Bitcoin Diamond and Bitcoin is that these coins multiply the supply by 10. It means if you have 1 BTC before block 495866, then you receive 10 BCD. The code is very similar to the code of Bitcoin Core. The developers is still anonymous.
(Source: https://en.bitcoinwiki.org/wiki/Bitcoin_Diamond)
More detail about Bitcoin Diamond :
1. Bitcoin Diamond Performance
2. Reasons to invest in Bitcoin Diamond
3. Bitcoin Diamond Basics
4. Bitcoin Diamond Transaction
5. Others
You can read the information related to its details, here: https://www.forexnewsnow.com/forex-analysis/cryptocurrency/bitcoin-diamond-bcd-invest/
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I see that a new section on Bitcoin-diamond has appeared at all and my comment will be the first not only in this topic, but also in the section on Bitcoin-diamond.
Although this coin was created as a result of a rigid fork exactly a year ago - in November 2017, little is known about bitcoin and diamond, little is written and spoken about it, and BTC fans usually criticize all new bitcoin branches. And having read the text of the link indicated here, I didn’t learn a lot for myself. I haven’t even found what bitcoin diamond bandwidth is (scalability).
I believe that we need bitcoin branches, in any case they should force BTC to improve and create healthy competition.
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Bitocin Diamond once gave a shock that really shocked me.
When last month around October or September, Binance suspended the wallet for Bitcoin Diamond and the price at Binance around 62,000 Satoshi.
It is clearly different from the other exchanges where the price of Bitcoin dimaond is around 20,000 Satoshi.
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I think Bitcoin Diamond is my least favorite BTC hard fork :) As Fenix said, little was known about the project at the time of fork, very little is known today.
It always concerns me seeing these forks ranked as high as they are (BTD is 35th), above legitimate projects like Zilliqa, Nano, Icon and others.
It makes me wonder if there will need to be a much more aggressive flush out of worthless projects, such as BTC hard forks ;)
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Hardfork from Bitcoin for Bitcoin Diamond is very different from BitcoinCash and BitcoinGold.
I see that there is something more meaningful than the total [Diamond Coin Bitcoin deposit around 156,756,875.
Why not 21,000,000 BCD, can anyone explain this to me?
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Wow.. We have a new section for Bitcoin Diamond. It's great!
Actually, I am still learning about BCD, so not really understand about it. But the description about Bitcoin Diamond above quite helpful to know it in general. I hope can learn more about it here.
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~snip~
Why not 21,000,000 BCD, can anyone explain this to me?
For now, I have no idea for your question. I will answer it when I understand it or maybe some can help you later. I don't want to give a speculation answer. :D
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The most famous Bitcoin hard fork is probably Bitcoin Cash (BCH) but plenty of others have followed it on to the market. There’s Bitcoin Platinum, Bitcoin Atom, Super Bitcoin and even a Bitcoin GOD! Some people are calling 2018, “The Year of the Fork.” So, now is a great time to start learning about them!
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The most famous Bitcoin hard fork is probably Bitcoin Cash (BCH) but plenty of others have followed it on to the market. There’s Bitcoin Platinum, Bitcoin Atom, Super Bitcoin and even a Bitcoin GOD! Some people are calling 2018, “The Year of the Fork.” So, now is a great time to start learning about them!
To learn to understand the prices of all of them, you can check them at coinmarketcap.
Then surely at Coinmarketcap there is also a website to see the coin features that you have mentioned.
But the most courageous is trading with Bitcoin Dimaond when the market is Bearish, that is intrinsic courage. LOL
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Bitcoin Diamond is an early project who was aims to improve the financial system for companies around the world by making tranzactions secure and much faster.
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Bitcoin Diamond is still something that is very strange for me. Although the coin shows a very good dynamics, I would probably pick Cardano alt. I trust this platform too much to make another choice.
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Bitcoin Diamond: The Complete Guide to Bitcoin Diamond Hard Fork. ... The process in which they are formed is called a hard fork. The most famous Bitcoin hard fork is probably Bitcoin Cash (BCH) but plenty of others have followed it on to the market.
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I just new this diamond coin. By adding more branches of bitcoin such bitcoin cash and bitcoin gold. Do you think does can help it to increase the value of bitcoin?
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Bitcoin diamond(BCD) is a virtual online digital binary currency which is hard fork of bitcoin which is invented in November 2017.
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I like bcd store where i can buy many products with bcd coins. I hope there will be many more use cases for bcd.
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By adding more branches of bitcoin such bitcoin cash and bitcoin gold. Do you think does can help it to increase the value of bitcoin?
Actually it depends on the success of those coins. If those are successful to develop and many people are interested to buy and trade them, indirectly it makes Bitcoin more popular. Those are the branches of Bitcoin, so the success will influence to the popularity of Bitcoin.
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Bitcoin Diamond is a Bitcoin fork that will allow miners to create blocks using a new proof-of-work algorithm. Bitcoin Diamond offers several technical advancements in scalability along with anti-replay protection and wallet enhancements.
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Bitcoin Diamond is one of the most popular hard forks for its controversies in the cryptoverse. Initiated in November 2017, Bitcoin Diamond was one of the 20 hard forks which were undertaken in 2017. The main intention behind the inception of this hard work, by two of the developers, was to improve the incapabilities of the Bitcoin protocol. During its initial days, it was widely accepted by the community members, and was also listed on, over 33 cryptocurrency exchanges and supported by at least 6 Crypto wallets. But due to shed loads of reasons, it became one of the most controversial ones.
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Bitcoin Diamond is a fork of the Bitcoin blockchain, the most widely-used and most secure cryptocurrency. Unlike fiat currency, Bitcoin Diamond has a limited supply to make sure inflation is kept under control.
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Bitcoin Diamond (BCD) is a fork of Bitcoin that occurs at the predetermined height of block 495866 and therewith a new chain will be generated as the BCD. Bitcoin Diamond miners will begin creating blocks with a new proof-of-work algorithm, and will consecutively develop and enhance the protection for account transfer and privacy based on original features of BTC.
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Bitcoin Diamond claims to offer is privacy first and foremost. It seems this fork’s developers have found a way to encrypt the transaction amounts and balances of all BCD users. It sounds somewhat similar to Monero, but it is doubtful the Bitcoin Diamond implementation is even half as competent. A GitHub repo has yet to be created for this altcoin, but that may change once the correct block is found on the Bitcoin network.
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Bitcoin Diamond is fork of Bitcoin that seeks to add more transaction capacity to the network. There are ten times more BCD than Bitcoin, meaning that a total of 210 million BCD will ultimately be released, versus Bitcoin’s 21 million.
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Bitcoin Diamond was branched from Bitcoin as a hard fork by two developers in 2017 who wanted to tackle issues such as transaction time and fees and the cost of the Bitcoin in order to offer a more accessible cryptocurrency – and not just those who could afford Bitcoin’s price tag.
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Bitcoin Diamond coin could win over a lot of Bitcoin users with its faster transaction times, lower fees and easier access to new users. Bitcoin is a hugely popular coin but it can be quite difficult to use! Many critics of Bitcoin argue that the coin won’t be a valid replacement for normal money until users can make small purchases; quickly and easily.
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Bitcoin Diamond is an early project who was aims to improve the financial system for companies around the world by making tranzactions secure and much faster.
So far, the bitcoin diamond is still little heard. However, these forks are necessary, they are a reserve in case anything happens to the original Bitcoin.
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So far, the bitcoin diamond is still little heard. However, these forks are necessary, they are a reserve in case anything happens to the original Bitcoin.
Yeah, it is not really popular yet Bitcoin still dominates the popularity in crypto space. But yes, I agree if this coin is important to support the existence of Bitcoin. Bitcoin Diamond will be known by people sooner or later, it should take times. I think this coin may have a potential future as well.
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Bitcoin Diamond uses blockchain and cryptocurrency technology to provide the world’s unbanked and underserved people with a currency they can access, trust, and use. We believe in a world where everyone has equal opportunity to build wealth. Yet there are 1.7 billion people who are repressed from owning a bank account. As a fast, secure digital currency, Bitcoin Diamond aims to free the trapped capital, intellect, and creativity of the world’s emerging population. With Bitcoin Diamond, you have access to a currency that is convenient and secure to use no matter where you live.
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Bitcoin diamond is a digital currency.This coin was based on Bitcoin and it aim for making transactions secure and much faster.Also Bitcoin diamond was listed on big exchanges such as binance okex and bittrex.
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The bitcoin diamond is fork of bitcoin and run by blockchain technology.It has a currently circulating supply of 190 millions coins and maximum supply of 210 millions coins also bitcoin diamond has a huge potential and good trading volume.so I think bcd is best coin to invest.
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Bitcoin diamond is a crypto currency.it is a good project and popular.Bitcoin diamond is a fork of bitcoin.also It improves the transaction speed and capacity based on original features of bitcoin.bitcoin diamond is best choice to invest now because bcd price is very low.
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The Bitcoin Diamond definition is already explained, so I just wanted to ask. is bitcoin diamond good for long term investment?
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Bitcoin diamond is a fork of bitcoin.Also bcd is still in the top 100 coin market cap. So I think Bitcoin diamond is best coin to invest.this coin is traded in many exchanges and many investors are investing in this coin.
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Bitcoin diamond is a fork of bitcoin.Also bcd is still in the top 100 coin market cap. So I think Bitcoin diamond is best coin to invest.this coin is traded in many exchanges and many investors are investing in this coin.
currently ethereum based many Defi projects performance is too high in the cryptomarket also the polkadot system is constantly going up I think these projects are will go to the moon in this year so my opinion just forget the bitcoin diamond just invest in new potential altcoins .
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Bitcoin diamond is a fork of bitcoin.Also bcd is still in the top 100 coin market cap. So I think Bitcoin diamond is best coin to invest.this coin is traded in many exchanges and many investors are investing in this coin.
Bitcoin diamond is a fork of bitcoin, it is a popular coin in the market. But now the performance of bitcoin diamond is very bad. So I think this coin is not suitable for investments. Instead you can invest in other good coins.