The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Nowadays, virtual currency can be said to have become a well-known currency. Among the virtual currencies, the most well-known is not only Bitcoin, but also Bitcoin Diamond. When it comes to Bitcoin Diamond, many people want to ask. , what is the price of Bitcoin Diamond? Is it worthwhile to buy now? Next, the editor of the currency circle will analyze it for everyone.

## What is Bitcoin Diamond?

Bitcoin Diamond by Bitcoin Diamond
Operated by Foundation, it is a forked currency of the Bitcoin block, with the English abbreviation BCD. It will fork at Bitcoin height 495866. After this block, a new Bitcoin series chain will be formed and Bitcoin Diamond will be generated. Bitcoin Diamond miners will use the new work verification algorithm to start creating blocks, and will gradually add transfer privacy protection and other functions to the original features of Bitcoin, which will lead to the fork of Bitcoin.

The original Bitcoin blockchain will continue to remain unchanged, but a new forked chain can be separated from the original chain. The new branch is the same transaction history as Bitcoin up to the fork and then produces unique blocks forked from it. This process will give birth to a new cryptocurrency, which we call Bitcoin Diamond.

## Summary of Bitcoin Diamond prices over the years

1. In 2017, the opening price of Bitcoin Diamond was as high as $80.8973 and as low as $23.8369;

2. In 2018, the opening price of Bitcoin Diamond was as high as $29.2176 and as low as $0.7202;

3. In 2019, the opening price of Bitcoin Diamond was as high as $2.3401 and as low as $0.2796;

4. In 2020 (as of June 9), the opening price of Bitcoin Diamond was as high as $1.0329 and as low as $0.2897;

## Bitcoin Diamond Price Prediction for 2020

The current Bitcoin Diamond price is $0.641843. Its circulating supply is 186492898
BCD. Our algorithm predicts that based on historical data, the price of Bitcoin Diamond will reach $0.755719 in 1 week and $1.23 in 1 month. Our deep learning algorithm predicts that the BCD price will reach $1.04 in 6 months. Analysis of the cryptocurrency market suggests that the price of Bitcoin Diamond could reach $1.40 by January 1, 2021, driven by potential interest from large institutional investors and the expected increased regulation in the digital currency space. The system predicts that BCD will remain around $1.26 in 2020, $1.40 in 2021, $1.48 in 2022, $1.69 in 2023, and $1.88 in 2024.

## Reasons for Bitcoin Diamond Price Growth

1. BTG is supported by bitfinex, the leading foreign website, and has been in the early 1,000s. This time, BCD has only risen to early 2,000. The exchanges supporting BCD and the issuance are lower, and the market value should obviously be lower.

2. Claims to be anonymous. Compared with the four major anonymous coins, the four major anonymous coins DASH, XMR, ZEC, and XZC are all 21 million. They are all very popular. The prices are respectively dash 4,000 yuan and zec.
2000 yuan, xmr 1000 yuan, XZC
230 yuan. When it was born, there was nothing, and it was extremely overvalued before Monero. According to the market value of Monero, that is, BCD should be about 100 yuan, and 0.002 is reasonable.

3. Before the 2X fork, BCH had not had time to use it and had no computing power to compete with BTC. The price of BCH had been stable at 2,000 yuan for a long time, while the current support of BCD should obviously be lower than 2,000 yuan. of.

In the future, Bitcoin will have forks such as Super Bitcoin. Even if the price of Bitcoin is maintained at 0.002-0.0003, the subsequent Bitcoin forks will eventually drag down the digital currency market enough. , BCD lower than this ratio will work sooner or later.