Let's bring on the clones!

Anyone want to join in on the 64M Diamond Bitcoin?

SegWit of course...

Yes, the TULIP will still come, but, this whole block cloning thing seems to be the next big moneymaker. So, let's shake ours! Time to jump on the cloning bandwagon. Therefore some steps are needed. First a clone of the current Bitcoin {The one and only real BTC} blockchain. Then some centralized exchange that would like to pre-cash in. It will have the right to issue an Token, named DBC, short for D Bitcoin, yes it is a play with sounds like... But D also stands for diamond. As our Bitcoin Blockchain Clone will be the hardest, toughest, most expensive one ever! Forget the all the other clones like that sad little selfpumping bcash, or the upcoming laugh of the stock B2X. And I even did not know, until today, about the bgold one yet! Now I know it can be done! We can even put a Token on the Waves DEX platform, called Diamond Bitcoin. Oh by the way, I just did...

Am I just acting cynical here or is this real? Well, the DBTC have also been made on the WAVES DEX platform, for those who thought they could outsmart this cunning plan. Now all it takes is a fork of the Bitcoin Core code at Github, as the Diamond version should have 64 MegaByte blocks and SegWit. Just do some magic on the code and push it. Now, it would be best if it cloned before that silly 2X SegWit version. What a laugh, only double size the blocks? Risking a split of the Bitcoin blockchain for that, no, than it has to be real tough, make it hard, like Diamond, so 64MB per block. And of course fiddle with the difficulty cause we want it to go fast! Even when just a few GPU miners support it. It will adjust its difficulty right after the first ten minutes. While it will keep adjusting if suddently the DBTC gets massive miner support.

The most expensive one?

Now let us talk MONEY here. Where do we set the initial price, very important, bcash got away with it and so will DBTC. Diamond Bitcoin will be 10 times more expensive than Bitcoin Core. That means 1 DBC will cost 43000 US Dollar. Of course those with a lot of BTC will cash in, using their private keys for Diamond Bitcoin. But it is possible to buy and sell with trading bots after that at about the price of 850 USD. A lot of the earnings will be used of course to buy Bitcoin Core. Still BTC will have a harder time to get to that 5000 USD point. The same clone trick that bcash pulled will at least be performed by bgold and b2x, but of course, DBTC is the best. And Diamond Bitcoin will be released before the others, of course, it is just a competition after all. Things will come to those who wait, but only what is left behind by those who dare to hustle, right...?

The mining algo will be the same SHA2, no strange side-effects like bgold will be causing. That is why Bitcoin Diamond can still be mined on those fast T9 ASICS! The Diamond Bitcoin TOKEN is allready available at the WAVES DEX, with a DBTC one to make sure there is no smarty pants that creates a lot of TOKENS to disturb the field of Diamonds. Altering the code should just take a couple of days, tops. Then testnet trials, couple of days too. Releasing it, well, in two weeks time? Where it will kick in on October the 30th? Yes, just grabbing some of the value that is created by years of POW mining Bitcoin, simply by cloning the CORE blockchain. And after the flood of ALTs long ago, then the storm of ICOs, we now will have the overload of clones!

There are the clones, have a laugh!

Meet bcash, bgold and b2x, all just cloning about. The real value of course is in the original Bitcoin, or the Core version. No matter what all those other ones are claiming, they are just a bunch of clones. And I know it is very easy to do. Even wasted some WAVES on that DEX {Decentralized EXchange} to be ready for a pre-trade in Diamond Bitcoin. The fun of course being able to hand them out for free. Just as those Bitcoin (Core) clones give away value that was not created by their efforts. It is even weird if you understand about how a main blockchain and endless sidechains SegWit construction can offer an enormous amount of blockspace. Connect it to IPFS and you can have a Social Media Platform run on Bitcoin Core thanks to SegWit. Just like it could be done with the other three well known SegWitteers: Vertcoin, Digibyte and Litecoin.

The blocksize of Bitcoin its mainchain could even be lowered. But I know that will trigger the anger of some big block clone fans even more. It could though, not stating it should. Yet, I have come to a point where I stopped to care about those clones. If I can I will take advantage of them. Just cashing in on yet another clone and buying real BTC with it. The mainchain of Bitcoin Core will move on a steady 10 minute blocktime pace, the real fast (inter)action will be at the sidechains though. And when the market finally becomes to understand this, most will dump all those bcash, bgold and b2x clones. While they will still hold some value, it will be petty cash compaired to the real BTC value. There can be only one.

Will this prevent me from creating a Diamond Bitcoin clone? Well, I am willing and ready to hustle when you are, so, let's rumble the realm of the clones...!

Have a great one!

The Diamond Bitcoin Token is at the WAVES DEX!

screenshot by @oaldamster