They are not forks!

The lack of a genuine genesis block makes them not even Alts.

Clones are just that, clones.

Yes, I know there are those, here at Steem too, that keep calling the Bitcoin clones: forks. Well, they are wrong to do so. But, as it often is, it is about money, so only lower Steem lifeforms like me dare to state it otherwise. The best proof that it is not a true fork is that a newly created genesis block is missing. True forks are often refered to as Altcoins or just Alts for short. They are innovative and create their own blockchain to show they are genuinely taking a risk and have faith in their project. Some that I have been writing about that would go up were Alts like Litecoin and Zcash. And they will go up even more, I think, after the clones hype is over. Just to let you know, I bought my LTC when it was at 4 US dollar. It seems I need to state this, acting like a cocky male trader helps getting my case accepted... Oh and I still HODL my BTC as a lot went overboard in a panic sell. See you at 500K and then again I will love to state: told you so...

Okay, enough male style bragging, but I did tell you so with LTC, like I am telling you again now. And Europol confirmed the well done privacy transactions of Zcash, although they did go at it differently than I do. Just like banking giant JP Morgan Chase is using the Zcash technology for their own blockchain... Do you get the irony of it all? Well, anyway, long term portfolio choices for me: BTC, LTC, ZEC and I took some risk with Gulden {NLG}, but that is a subject for another post. There are some others, but my long term focus is mostly on BTC, LTC and ZEC. No, ETH or DASH? No, although I would prefer DASH any time over Ethereum. Ripple? Go wash your mouth with soap now, you hear!? No swearing allowed, that is the true evil Trojan one, I think. Yet, as there is a market for anything, there is one for that one too. (Currently getting pumped again?)

Copy-cats, stealing BTC mining efforts.

Bcash, bgold and b2x or whatever is coming next, they are all stealing value from Bitcoin, the only real one. Now, I can not help people investing in copy-cat Bitcoins. But I can not keep still while the hype spreads about them, also on Steem. And frankly, I do not give a rats behind if I lose followers because if this post. As I think you should know why those other self acclaimed Bitcoins are just clones, trying to rob the true BTC of potential value. Also they seem to be rubbish in understanding SegWit. Yeah sure, even 4MB blocks would not be bad, but if SegWit takes off, Bitcoin could do with even smaller blocks. Because the heavy load would be taken off the mainchain blocks and be spread out over the subchains and their blocks. It is a very simple principle. Which makes bcash a true rip off. Why? Because it just cloned the real Bitcoin blockchain, ripped SegWit out off its code and took a lot of value out off the potential BTC market. It is absurd to call that a fork. It is a freakin' CLONE!

The only value that is added to clones like bcash {BCH, it even wanted to sail on the succes of BitCoin Connect, the true BCC, by using their ticker!} is by the actual mining after the cloning was done. Same goes for bgold and the most crazy one so far: b2x. It is like some manufacturer making Samsung Galaxy branded look alike phones, that are not the real ones, but sell them for a bargain. That should actually set people off that it might be a cheap clone, a true copy-cat product. It is taking value from the actuall manufacturer and using it to sell their crappy product, to those who believe it can actually be that cheap. Yes, that is buying into the clone scams too. While one actually just has to sell them as soon as they go live and then buy back some real value with Bitcoin {BTC}, Litecoin {LTC}, Zcash {ZEC} or even DASH, if you incist. Return to Bitcoin the value those clones tried to take away from it.

Oh yes, the TULIP value.

Before I drift off again, as I tend to do a lot. The TULIP, the Asset that has been released on the WAVES DEX, but not issued completely. It will be handed out for the largest part any time soon, but that is still a surprise, even I do not know when yet. Anyway, the smallest bulb of TULIP is 0.001. It is like the Satoshi of Bitcoin, the real only one BTC, I mean by that. So, one bulb is 0.001 TULIP. There will only ever be 1637000 bulbs available. Sure, there might be clones, copy-cats, but the Steem blockchain has Proof Of Creation {POC}. And the WAVE DEX platform is there to show it. If the Smart Media Tokens would have been available I would have use that, but now I had to use the WAVES DEX blockchain for this. So be it. Anyway, only 1637 TULIP, or 1'637'000 bulbs. And some already got 111 bulbs in this crypto mania. The true massive hand-out will be absolutely crazy though, where 43 Steem member can get 37 TULIP, or 37.000 bulbs!

Even though I have initially set the TULIP price at 1134 EURO, the market will decide what it is realy worth. Now I will keep a reserve for future promotions and so on, but there is a real bottom price for one bulb of TULIP. And that will be at least 0.004 WAVES per bulb of TULIP. Or, 0.001 TULIP will go for a bottom price of 0.004 WAVES. Why? Well, first there is the order fee, to be payed after a sell took place. So, a TULIP seller would at least want that in return for every bulb sold. Then, there is the price for the bulb itself. Now this could be lower than 0.003, of course, but that would just be a waste of good 0.003 WAVES value. It is only about 1.5 US Dollar cents at the current WAVES market price. In a sense it is a kind of a waste to even just have 0.001 WAVES for an order of 1 bulb of TULIP.

This would, in effect, create an absolute bottom price of 5 USD per TULIP. Meaning a minimal market cap of 8185 USD. That is not even 4 promil of the initial price. And in value the 37 TULIP given away to 43 active Steem Members could be worth at least 185 USD, for starters. Yet, there is no guarantee, as is common in cryptos. But, they will be given for free. And as they come with 0.009 WAVES too, it will be a great way to explore a Decentralized EXchange like WAVES. And maybe even try the somewhat more complex Bitshares DEX after that, because that one (OpenLedger) supports WAVES too. Now that would be fun, using the profit of selling TULIP bulbs and using that on Bitshares to trade it for Steem or Steem Backed Dollar! See, it all comes back down to here...

Be aware of IT!

Sorry, I can not help refering to clowns when I am cursing at those rotten clones like bcash and still to come bgold and the most absurd one so far: b2x, in november 2017. That must be the clone from the movie IT. It even got me so frustrated and annoyed that I invented just another one D Bitcoin {DBTC}, where the D stands for Diamond. You can find it at the WAVES DEX by the way, just like the DBTC, to cut the smarty-pants off from getting the token. Cost me some WAVES again, but it is worth it! Handing out those 21 million Diamond Bitcoin is another matter, that could become quite costly, even at 0.001 WAVES transfer. Never mind that, I can sell them at the DEX too of course. If I even want to use them for that purpose, because cloning other coins their blockchain is currently the hype in the crypto realm. Forget ICOs, this is even bigger! Imagine blockchain clones of Dash, Zcash, Litecoin and even Dogecoin!

And more of Bitcoin, of course... Coming up, Diamond Bitcoin, the next BTC core blockchain_clone_, IT is the toughest of all! Selling at 10 times the BTC price. Order your DBTC now, at a centralized exchange that sells you the promise. As I posted before, I will be adding 64MB blocks to the Core version and change the difficulty setting. Diamond Bitcoin will be adjusting difficulty dynamicly. Yes, it still is pissing me off, as not many seem to get that basicly those clones are just rip offs. There should be only 21 million BTC, so those clones never are the real Bitcoin {BTC}. And also at Steem there will some who will promote those clones, hype them as if IT were genuine. Like a fake Samsung Galaxy S9 for only 99$...

Still, many (light) wallets and centralized trading platforms will probably support the latest clone circus in town. Therefore no bother for getting those private keys even. It will just pop up like magic in any supporting wallet, just like a TULIP from a bulb. But remember, no matter what I state, it is all expressed from my point of view. And only invest in any crypto, even that tough Diamond Bitcoin, what you are willing and able to lose. Also your speculation might be as bad or as good as mine.

Have a great one!

Please notice:

• The Diamond Bitcoin at the WAVES DEX has ID: 2XEjzq8DfoLqg8C6NWbCNAnP1xUrA6Nb5pH4eKXZQZs2
• The TULIP at the WAVES DEX has ID: DhNdGSkyttDmn72yMNN68dD6Xq6yLW2pph2yEFqVeSD4
• The DBTC Asset at the WAVES DEX has ID: H7MABkCxAU8fWJYf2E4qAmXdW7Chwk4Af7XYMHRuGnC6

Did you make your clone today?

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