I'll just sell my free Bitcoingold 
I'm not touching BTG until it's been proven it's safe from replay.
Topic: Bitcoin GOLD - A well thought Scam? - page 16. (Read 18808 times)
I'm not touching BTG until it's been proven it's safe from replay.
I'll just sell my free Bitcoingold
Is there hard information out there on the developer of Bitcoin Gold? If it's someone that no one has ever heard of that's a huge red flag. I have read that Jack Liao of LightningASIC is leading it, which is interesting, maybe this is a plot to increase GPU miner sales.
Have any exchanges announced they are adding it yet?
Have any exchanges announced they are adding it yet?
It's well thought that's sure. And I believe it's not good to fork a currency and advertise without adding any significant difference.
Bitcoincash said they would fork but didn't advertised their coin as the gold. But again as it depends on the holding of BTC which is mostly diverse and anonymous, I don't think it could be called a scam.
Bitcoincash said they would fork but didn't advertised their coin as the gold. But again as it depends on the holding of BTC which is mostly diverse and anonymous, I don't think it could be called a scam.
In the end all the blames goes to crypto Community who are always looking for cheap and easy money. Assuming that BTG is scam, people will still pile up BTC just to get Free BTG. This never ending thirst will bring more shit coins which are based on BTC.
Indeed, many will want to get a free coin called Bitcoin Gold. Moreover, it is supposed to cost not less than $ 500. Well, if it proves itself to be bad in the future, then everyone will be able to reset it. Therefore, I see no reason for concern and accusation.
Thanks for this article, its good to tell everyone about this.
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it. I don't think Bitcoin Gold will be worth much. It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork. They will be losing out on much more money from the altcoins that they sold will rise back up again.
I'm expecting a huge drop right after people get their Bitcoin Gold. I've been wrong before though.
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it. I don't think Bitcoin Gold will be worth much. It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork. They will be losing out on much more money from the altcoins that they sold will rise back up again.
If bitcoin gold will prove itself a legit I think it will be worth way more than btc cash... I agree about BTC dropping, question is if it happens after 25th or maybe after second hard fork... Alts then will sky rocket IMO.
We might see reversal of bitcoins growth if these news spread. Certainly this new fork is nothing compared to the previous one. That actually had some major companies backing it up.
This one will have an army of GPU miners behind it...
Only if it's worth a lot of money. There are plenty of mineable altcoins that are not even close to being worth mining.
Sure sounds scammy as hell, or at least amateur hour. I mean one developer, seriously?
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it. I don't think Bitcoin Gold will be worth much. It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork. They will be losing out on much more money from the altcoins that they sold will rise back up again.
If bitcoin gold will prove itself a legit I think it will be worth way more than btc cash... I agree about BTC dropping, question is if it happens after 25th or maybe after second hard fork... Alts then will sky rocket IMO.
We might see reversal of bitcoins growth if these news spread. Certainly this new fork is nothing compared to the previous one. That actually had some major companies backing it up.
This one will have an army of GPU miners behind it...
We might see reversal of bitcoins growth if these news spread. Certainly this new fork is nothing compared to the previous one. That actually had some major companies backing it up.
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it. I don't think Bitcoin Gold will be worth much. It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork. They will be losing out on much more money from the altcoins that they sold will rise back up again.
We are still yet to determine if all cryptocurrancies are scams or not.
Dont know why but I have no good thoughts for Bitcoin Gold.
Bitcoin hard forks are incredibly damaging for the future of cryptocurrency. The issue is the FUD it spreads to those outside of cryptocurrencies when they hear about what is going on (how can value be created out of nothing). Imagine if USD had a hard fork, or GBP or EUR. It would be crazy.
This and the fact that many new users can get very confused and lose funds if they dont understand replay protection, private keys etc.
The WHOLE community has a duty to try and prevent these things from happening, if it keeps on going then the outside world will lose all faith in cryptocurrency and thats the end of the ride.
This and the fact that many new users can get very confused and lose funds if they dont understand replay protection, private keys etc.
The WHOLE community has a duty to try and prevent these things from happening, if it keeps on going then the outside world will lose all faith in cryptocurrency and thats the end of the ride.
Agree with you!
Hard fork should be like eth is doing now, just improvement. Not every update make a new coin. If we continue like that will be 60-70 version of Bitcoin with same name in 10 year.
People will be really confuse.
obviously its a ascam... but the point is not this... the point is that even if most comunity agree with this... at the same time it sell alts for holding btc. this is the best way to ruin the prestige of btc: if we go on in this way, "we" could introduce a btc fork every couple of mouths... why not?? its the comunity that make real or fake some scam. if everybody (like me) wouldnt sell alts to have more btc just to pick up scam coin, they would stop to get in the marker such a fork. Comunity its a delusion one more time... like the fork in august... but its the reality.
Nice point. We had eBTC token and it was good for a quick cash even it has no value. If Bitcoin Gold has no value as a coin he will get some atention for sure.
Response to the recent missinformation, from their Twitter page.
http://btcgpu.org/btgdev-response.pdf
http://btcgpu.org/btgdev-response.pdf
There are many fishy things about it. I'm not here to judge.
However the idea speaks to me. I mean BTC indeed seems to be more centralized and controlled by big asics farms. Bitmain as a biggest of them all. Isn't it killing the initial idea of BTC being decentralized? Changing algorithm to asic resistant would solved it ?. IMO if thats a scam then something similar but legit have a great potential and great chances of success.
However the idea speaks to me. I mean BTC indeed seems to be more centralized and controlled by big asics farms. Bitmain as a biggest of them all. Isn't it killing the initial idea of BTC being decentralized? Changing algorithm to asic resistant would solved it ?. IMO if thats a scam then something similar but legit have a great potential and great chances of success.
btg is supposed to use a new algorithm so sha256 hashing isn't controlled by a few groups in China.
So if we free btg because we have btc, can't we just sell btg for btc and be done with it? You just made some extra money for free and no risk? Seems like this will be a problem for the foreseeable future... let the market decide while newbies get confused...
So if we free btg because we have btc, can't we just sell btg for btc and be done with it? You just made some extra money for free and no risk? Seems like this will be a problem for the foreseeable future... let the market decide while newbies get confused...
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