The Bitcoin Meister #12 – What Is Bitcoin Spread?

Adam Meister: Hello everyone. This is Adam Meister, Bitcoin meister, the Disrupt Meister. It is on January 8th, 2018. Strong hand and strong Bitcoin brand.

That’s what I want to talk about today. The strong Bitcoin brand. There is a dead coin out there called SpreadCoin. I never heard of it before. It’s some altcoin that no one uses.

However, someone out decided they’re going to fork SpreadCoin and rename this fork Bitcoin Spread.

Now, they’re not going to distribute this new coin to all the Bitcoin holders. They’re going to distribute it to all the SpreadCoin holders.

The SpreadCoin is listed on Bittrex and Cryptopia.

Whoever is doing this, they are participating in an experiment and maybe they don’t even know it. Right now, this coin is like a 2.57 USD coin

What they’re doing is they’re totally rebranding it through a fork and taking up the Bitcoin name. It is a pure test to see the value of the Bitcoin name.

They’re not giving it to Bitcoin holders. They’re just renaming their coin Bitcoin Spread. We’ll call it BSpread for now.

It is not a crypto dividend of Bitcoin. It’s a crypto dividend of SpreadCoin.

This will be something to keep an eye on. It could be a total gimmick pump and dump. The guy might have a lot of this SpreadCoin and might want to pump the price of it.

Again, it’s still an experiment in how valuable the Bitcoin name is because all this forking of a coin into a new coin and naming it Bitcoin hasn’t been tried yet.

To the best of my knowledge, no one has said they’re going to do this either, so this is the first time we can take a look at this.

I am a marketing guy, so I like to study this type of thing. It is a reminder of what coin is the king out there. No one is trying to do a Lite Spread or an Ethereum Spread.

I will put the link below. The person says this is going to happen on January 31st.

We’ll see if this anonymous group of developers really does this or not if there’s really going to be Bitcoin Spread or getting it listed on Bittrex and Cryptopia or if there’s a pump price now based on the fact that they are forking into a new coin that will be called something Bitcoin. Very interesting experiment.

Again power of the Bitcoin brand. That’s just a reminder to all the people who try to say Bitcoin is nothing and one day another coin is going to take over.

Look, people build everything. The marketing is all around the Bitcoin. The brand is Bitcoin. The cryptocurrency number 1 brand is Bitcoin.

I think this is a perfect example of that.

Pound out that like button. I’m Adam Meister, the bitcoin meister, the disrupt meister. I’ll see you later. Bye.

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