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Topic: [2017-10-25]Jiang Zhuoer: Bitcoin Gold Is Just Another ICO Scam with 200k Coins - page 2. (Read 9313 times)

full member
Activity: 294
Merit: 125
Alea iacta est
I blame the speculators. It doesn't even have binaries for a windows wallet yet, but it was picked up by exchanges and trading took of in seconds. The speculative nature of crypto markets makes it so there's demand for it in spite of it being unorganized. Either way, this seems to be dead sooner or later and it won't be missed. Sell while you can.
This is completely true, this coin hasn't realized anyhting other than stealing bitcoin's brand and part of the blockchain. I'm not too sure who is buying this altcoin but it's not necessairly a bad thing because it allows me to sell my BTG's off. If we look at the bigger picture I am not too worried at all, I am confident that this fork won't last too long.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
I blame the speculators. It doesn't even have binaries for a windows wallet yet, but it was picked up by exchanges and trading took of in seconds. The speculative nature of crypto markets makes it so there's demand for it in spite of it being unorganized. Either way, this seems to be dead sooner or later and it won't be missed. Sell while you can.
sr. member
Activity: 616
Merit: 256
i would not consider the bitcoingold as the another fork of bitcoin because he is not truly using the algorithm of bitcoin which SHA256, but they are using different algo which was use by ZCash the Equihash algo i guess they using the name bitcoingold that may sounds like a bitcoin family but in reality they are using BITCOINgold for marketing purposes. bitcoin and bitcoingold are not fork but another shit coin.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Bitcoin Gold is just an altcoin, only they stole the name of bitcoin, it has nothing to do with bitcoin.

Should we then say that Bitcoin Gold is just the second illegitimate child of Bitcoin coming from the hard fork session they have? Well, anyway, since I would also be receiving my own share of BTG all I can say is that let's give this altcoin a chance to show what it got and what it can be able to contribute for the cryptocurrency movement. I am planning though to sell my BTG soon after I got it on Bittrex so that I can buy more Bitcoin. The clear message here is that there would always be one and only Bitcoin and that is, of course, the Bitcoin no more no less. Any altcoins coming from the hard forks in the future can never substitute for the real Bitcoin come what may. Now, let's be ready to sell BTG.

A lot of people are going to follow your example. They will wait for the fork to be declared safe and then they will start splitting their coins and selling them to buy more bitcoins. I will not sell all my BTG, because I cannot predict if this is going to do well or not, this early in the game. So my strategy will be to sell 50% now < cashing in, while the iron is hot > and also cashing in, if it becomes successful later.

I did the same with Bitcoin Cash and I think it is the safest strategy to follow. No matter what way it goes, I will profit from these forks. ^smile^

Free coins are free coins, so even if you only made a few dollars, you still got money from nothing and that is what is important.
hero member
Activity: 490
Merit: 501
Bitcoin Gold is just an altcoin, only they stole the name of bitcoin, it has nothing to do with bitcoin.

Should we then say that Bitcoin Gold is just the second illegitimate child of Bitcoin coming from the hard fork session they have? Well, anyway, since I would also be receiving my own share of BTG all I can say is that let's give this altcoin a chance to show what it got and what it can be able to contribute for the cryptocurrency movement. I am planning though to sell my BTG soon after I got it on Bittrex so that I can buy more Bitcoin. The clear message here is that there would always be one and only Bitcoin and that is, of course, the Bitcoin no more no less. Any altcoins coming from the hard forks in the future can never substitute for the real Bitcoin come what may. Now, let's be ready to sell BTG.
hero member
Activity: 1073
Merit: 666
Bitcoin Gold is just an altcoin, only they stole the name of bitcoin, it has nothing to do with bitcoin.
legendary
Activity: 1621
Merit: 1000
news.8btc.com
TG (Bitcoin Gold) is the latest fork that the community is debating about. BTG implements a new proof-of-work concept known as Equihash which is different from the original SHA256 and it claims to make Bitcoin more ‘decentralized’ — but I beg to differ. Using a few simple logics below, we seek to understand what BTG truly is.


http://news.8btc.com/jiang-zhuoer-bitcoin-gold-is%E2%80%8Ajust-another-ico-scam-with-200000-coins-pre-mined
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