Topic: Bitcoin GOLD - A well thought Scam? - page 13. (Read 18808 times)
I am still do not really understand with the issue of BTG, but with this issue the BTC prices rise high. in addition I am not so interested in BTG, I am more interested in the new altcoin that has the potential to rise in price
Thank you. So BTCG is completely untrustworthy. Looks like we should stay away from BTC gold, absolutely. But is that a detriment to the BTC? Personally, I don't think it's a good thing.
Some interesting news about the impending Bitcoin Gold fork; do not hold BTC on exchanges like Coinbase & Bitpay as you are in great danger of losing your BTC altogether.
Interestingly the Electrum wallet is recommended as a store for your BTC, but no mention if it's good for Bitcoin Gold.
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The signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin. The best way to ensure that your BTC is protected is to download the latest version of Bitcoin Core and transfer out any BTC stored on services that are a signatory to this agreement. We have listed the businesses supporting this contentious hard fork at the bottom of this document.
For users who aren’t prepared to install Bitcoin Core and go through the lengthy set up process, we recommend a wallet such as GreenAddress, Electrum or TREZOR. Avoid using web wallets like blockchain.info.
"
https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety
Interestingly the Electrum wallet is recommended as a store for your BTC, but no mention if it's good for Bitcoin Gold.
"
The signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin. The best way to ensure that your BTC is protected is to download the latest version of Bitcoin Core and transfer out any BTC stored on services that are a signatory to this agreement. We have listed the businesses supporting this contentious hard fork at the bottom of this document.
For users who aren’t prepared to install Bitcoin Core and go through the lengthy set up process, we recommend a wallet such as GreenAddress, Electrum or TREZOR. Avoid using web wallets like blockchain.info.
"
https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety
No one knows really. Just like what happened with Bitcoin cash.
I am personally not at all interested in Bitcoin gold. For the guys going for this, for their sake I hope I am wrong.
I am personally not at all interested in Bitcoin gold. For the guys going for this, for their sake I hope I am wrong.
we will see what will be .
Premine is not that bad to cover some costs and promote coin.
Bad part is that we will find out i after some months after ICO what those people will deliver or if they will deliver at all : )
maybe we should have bitcoin Silver soon , i don't know why they are interested the bitcoin's folk coin ,
i just hold my bitcoin and sell out other garbage,
i just hold my bitcoin and sell out other garbage,
Yeah I was extremely skeptical about Bitcoin Gold when I heard they started the fork in early october and how they're already at 16000 blocks in order to sell some Bitcoin Gold to investors. Definitely should stay away from that coin
lol you have to give them some credit for trying but honestly these forks and airdrops of generating money from thin air are the things our central banks will despise about bitcoin, I hope this will be trashed as we do not need another bitcoin doppelganger to slow down the momentum.
Central banks generate money out of thin air themselves so they should be well adjusted to it allready. Bitcoin gold does not have backing of the big mining companies. It will be like bitcoin cash except less valuable. The only good thing about is that homeowners might be able to mine it with regulars gpus. That might rise its value abit.
Thanks a lot for posting it. I will stay out of it.
I'm amazed that anyone thinks Bitcoin Gold isn't a scam. The first thing I thought after BCC was, wow now everybody gonna do a hardfork of everything and see if it catches on.
They are just re branding something (ASIC resistance) in 2017 that has been the main focus of Vertcoin (VTC) since 2014.
This all under the name of BTC and their logo (That is some mighty fine Brand Leeching)
I hope it will implode with the explosive power of a supernova.
The crypto market does not need these kind of money scams. Contributing nothing more than personal gains garbage. No technical innovation. No need . Just
LEECH LEECH AND LEECH
This all under the name of BTC and their logo (That is some mighty fine Brand Leeching)
I hope it will implode with the explosive power of a supernova.
The crypto market does not need these kind of money scams. Contributing nothing more than personal gains garbage. No technical innovation. No need . Just
LEECH LEECH AND LEECH
To sell or not to sell, that is the question.
Should I sell my Bitcoin now, as the price is scarily high and this bubble may soon burst, or should I wait to get my share of Bitcoin Gold and sell the Bitcoin Gold hoping that Bitcoin will not drop; decisions, decisions..
Should I sell my Bitcoin now, as the price is scarily high and this bubble may soon burst, or should I wait to get my share of Bitcoin Gold and sell the Bitcoin Gold hoping that Bitcoin will not drop; decisions, decisions..
Bitcoin dark/ XBTC/ BCC/ BCH/ this house is bitching 
I never claimed any of them other than BCH because the money I could get was a turn on amount good thing bitcoin devs didn't switch to POS or Satoshi didn't ICO the coin. 200,000 pre-mine is nothing compared to 1M but there is no need for ICO, I know there is no government to issue these coins, the scammers think they are the government.
I never claimed any of them other than BCH because the money I could get was a turn on amount good thing bitcoin devs didn't switch to POS or Satoshi didn't ICO the coin. 200,000 pre-mine is nothing compared to 1M but there is no need for ICO, I know there is no government to issue these coins, the scammers think they are the government.
I do not think so, but I am not sure if they will be stay in the market in a good position though.
lol you have to give them some credit for trying but honestly these forks and airdrops of generating money from thin air are the things our central banks will despise about bitcoin, I hope this will be trashed as we do not need another bitcoin doppelganger to slow down the momentum.
Bitcoin gold is one I'm going to wait and watch from a distance there is alot of debate about it and people have opinions that it is a scam. For me I'm going to try and side step this one and just see how it plays out.
I think BTC GOLD will end like ZCash, a good coin with good ideas.
But when a coin is overmined like zcash with gpu rigs/cards people sell fast to pay electricity bill.
this mean, massive price drop after 4 weeks or faster. Because all zcash miner can switch now to the BTC GOLD equihash.
Maybe good for ZCash
But when a coin is overmined like zcash with gpu rigs/cards people sell fast to pay electricity bill.
this mean, massive price drop after 4 weeks or faster. Because all zcash miner can switch now to the BTC GOLD equihash.
Maybe good for ZCash
You think bitcoin gold is a scam! You wait until it start to trade in half bitcoin value. If indeed you believe bitcoin gold is a scam, do not buy bitcoin. Do nothing and let the fork pass and start to buy bitcoin. Good luck
Even though I don't understand the technicalities surrounding what Op is trying to explain but at the same time its very much a welcome idea that one needs to be extra careful especially into the keeping of funds safe. For me, I am not jumping in to any decision in regard to btg I would wait enough until its being addressed as the project administrators and the forum admin as well. Its better to be late than not getting anytihinf at all.
well this is an interesting thread, thanks for posting, I was not going to get involved with bitcoingold, i will be getting rid of it for sure. the important line i take from the op is don't buy bitcoingold, dump it
Thanks for this great piece of information.
Basically, this Bitcoin gold news has affected the market in so many, we see people pulling out ROM ALTs to BTC just get some free BTG.
I have always had my disbelieve with this fork unlike the BCC. I just hope people would read this and know what decision to take.
But on the other hand, if it turns out to clear our doubts, then it's a good venture.
Basically, this Bitcoin gold news has affected the market in so many, we see people pulling out ROM ALTs to BTC just get some free BTG.
I have always had my disbelieve with this fork unlike the BCC. I just hope people would read this and know what decision to take.
But on the other hand, if it turns out to clear our doubts, then it's a good venture.
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