1 Level
5 Review
3 Karma
Review on Bitcoin Diamond by Young Gautreaux
The dynamics of the exchange rate and the capitalization of the coin, shown…
The dynamics of the exchange rate and the capitalization of the coin, shown over half a year of existence, do not inspire particular optimism. We will closely monitor the development of the BCD and inform you. If you want to invest in this coin, then perhaps you should not give it more than 1-2% of the total portfolio and be patient, as the road map of the project is painted up to 2020.
Pros
- Analysts of the crypto market found in the appearance of the BCD Chinese footprint in the form of the owner of the largest in the Middle Kingdom cryptocurrency exchange Yan Lun Ke. Perhaps this is true, or maybe it’s just a successful marketing move designed to attract Asian investors and traders.
Cons
- It is rather difficult to predict the fate of forks. An example of this is Bitcoin Gold which has not justified the hopes. At the end of last year Bitcoin Diamond was connected with not very good news, about fraudulent schemes involving coins. Nevertheless, the level of capitalization of the coin is quite impressive and today it exceeds 360 million dollars. But this indicator does not say anything, as we should not forget about the total number of coins, which already have been mined more than 156 million.
