Bitcoin GOLD - A well thought Scam? - page 5.

shade_wrath

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Any store can buy, sell, and accept Crypto

Quote from: worldofcoins on October 25, 2017, 02:50:58 PM

I was thinking, what if they are trying to look like they are going scam, just so they can buy up more cheap coins? If they do come back im afraid everyone is going to be surprised. I mean are they that dumb to think the bitcoin community a fool to pool of a scheme like this, or this is reverse physiology. Dump your 0 cost coins at me, ill buy them for pennies and hodl. I might even use it.

The bad part if they are holding tons of coins so then can dump it later, unless they burnt them.

No they are not dumb thats why they made fool of community and got their money and they will continue to do so in future as well by dumping all the BTG on new crypto enthusiast! Actually they didn't make fool out of community but many members are fools already who supported this shit for free money! Roll Eyes

lanyounanhai

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200000 bitcoin gold pre-mined. Well, it can be considered as a scam. Bitcoin gold price is now more than $100 and that means the developers are holding more than $20000000 worth of bitcoin gold. So, to me, it is a big scam and developers are big scammers. THey know how to abuse the bitcoin system and make money from it

illinest

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Quote from: KriptoCoder on October 25, 2017, 02:46:44 PM

I’m little disappointed because I was hoping that with this fork mining would be again possible for small RIGs but in any case there is definitely room for doubt. It seems like it is a Scam. There are a lot of unknowns and according to what I've read here I would certainly not invest money into BTC Gold.

As far as mining goes, it's unknown. There is no public code, no mining code, no replay protection. Too early to call it a "scam" per se (outright theft via malware or fraud, for instance) but it is definitely a "cash grab" by the developers. Given that they can't seem to code replay protection, it's difficult to even call them "devs"..... they can't even seem to launch the coin.

I certainly wouldn't invest, but at least I should get the airdrop into the private keys where I held BTC. Too bad I couldn't trade the initial hype when it was added on Bitfinex, etc. But those exchanges are going to be in big trouble if the coin never launches.

vaso11

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I'm sure Bitcoin Gold is just a new way to make money on new and naive people. no more

Pab

legendary

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I ve beed reading btg is under ddos attack,but that coin is premined,looks like easy money for devs,even code has not yet been released.Activation is 1 nov.It is traded on Binance between 0.03-0.04.It is alt,normally big exchanges will not list that kind of coin

worldofcoins

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Telegram: @worldofcoinss

I was thinking, what if they are trying to look like they are going scam, just so they can buy up more cheap coins? If they do come back im afraid everyone is going to be surprised. I mean are they that dumb to think the bitcoin community a fool to pool of a scheme like this, or this is reverse physiology. Dump your 0 cost coins at me, ill buy them for pennies and hodl. I might even use it.

The bad part if they are holding tons of coins so then can dump it later, unless they burnt them.

KriptoCoder

member

Activity: 129

Merit: 17

I’m little disappointed because I was hoping that with this fork mining would be again possible for small RIGs but in any case there is definitely room for doubt. It seems like it is a Scam. There are a lot of unknowns and according to what I've read here I would certainly not invest money into BTC Gold.

stompix

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Blackjack.fun

Quote from: EugeneAS on October 25, 2017, 12:15:53 PM

the report is very useful, thank you.

you also can't actually say it's free money, because hype around forks influences the prices of other currencies.

It's not really free money.
Not everybody is getting BTCgold and not everybody will be able to cash out, or I least I do hope it will reach 0 by the end of the week.
Already dropping like a stone.

Quote from: tf2addict on October 25, 2017, 02:15:15 PM

Quote from: Tyr808 on October 25, 2017, 10:58:38 AM

Probably good money for big holders in the short term, however in the longer run the hype on bitcoin gold will gradually fade. I sold mine and suggest to hold this not too long, also because there's another thing happening in november. Look at the chart of bitcoin cash and see what happened to holders. Good coin or not, trust is gonna stay with bitcoin and nothing else.

How did you sell your Bitcoin Gold considering it hasn't even launched yet?

Well, as the world of cryptos is starting more and more to look like the "evilz banks" you can sell and buy something that doesn't exist.
And in the case of goldfail the chances are quite high that nobody will be able to use those coins.

tf2addict

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Quote from: Tyr808 on October 25, 2017, 10:58:38 AM

Probably good money for big holders in the short term, however in the longer run the hype on bitcoin gold will gradually fade. I sold mine and suggest to hold this not too long, also because there's another thing happening in november. Look at the chart of bitcoin cash and see what happened to holders. Good coin or not, trust is gonna stay with bitcoin and nothing else.

How did you sell your Bitcoin Gold considering it hasn't even launched yet?

EugeneAS

newbie

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the report is very useful, thank you.

you also can't actually say it's free money, because hype around forks influences the prices of other currencies.

arbitrage

hero member

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Quote from: bambarmia on October 25, 2017, 10:47:04 AM

Quote from: btcbringer on October 25, 2017, 10:34:07 AM

its shameless

Shameless ?? People do not care about shame and morality when it comes to free money. The price of BTG is in the free fall now, so I strongly recommend you to sell all of them before it will hit $10 or something.

This is best way for making money just fork an successful coin in this case no less than BTC, and we all know all alts are exactly that - forks, and use your premine for developing and promoting something we already saw many times.. I'm not sure, but in this we have some moral obligations in this case to say few words about this project..Maybe not me, more respectful members here and in Crypto World.

Tyr808

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06/19/11 17:51 Bought BTC 259684.77 for 0.0101

Probably good money for big holders in the short term, however in the longer run the hype on bitcoin gold will gradually fade. I sold mine and suggest to hold this not too long, also because there's another thing happening in november. Look at the chart of bitcoin cash and see what happened to holders. Good coin or not, trust is gonna stay with bitcoin and nothing else.

bambarmia

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Quote from: btcbringer on October 25, 2017, 10:34:07 AM

its shameless

Shameless ?? People do not care about shame and morality when it comes to free money. The price of BTG is in the free fall now, so I strongly recommend you to sell all of them before it will hit $10 or something.

btcbringer

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Quote from: babsjoe on October 25, 2017, 10:31:47 AM

The scam called 'bitcoin gold' is been gradually exposed! The site of bitcoin gold has been unavailable in the last 24hrs! Nobody has any information on their update as regard development plan and some other services to make the coin marketable, mineabe and tradeable!

i heard the dev mine 200k bitcoin gold before, its really terrible, it must be scam for the dev to do like this, its shameless

babsjoe

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The scam called 'bitcoin gold' is been gradually exposed! The site of bitcoin gold has been unavailable in the last 24hrs! Nobody has any information on their update as regard development plan and some other services to make the coin marketable, mineabe and tradeable!

ZaoXhou

sr. member

Activity: 467

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Quote from: Hesaplar on October 25, 2017, 05:30:38 AM

Bitcoin Gold is scam but it's hardly said "well thought". I wouldn't even check that before but after reading OP's post I agree with him completely. All evidences are clear. Don't give value to shitforks. They need to learn that people don't buy this foolishness.

I have to agree, it's just an easy fork with a premine. There are better alternatives than bitcoin gold anyway.

Casdinyard

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Quote from: coin-investor on October 25, 2017, 10:03:26 AM

Quote from: g12.egr on October 25, 2017, 09:47:30 AM

Strange situation. No official wallets, no official statements (only user speculations), but it is traded on few exchanges and trading means also someone is buying it Huh

Hope people will not lose too much on it.

It's too early to tell just like Bitcoincash many will support it and also many will call it scam but we need a few weeks more, to see if it will gain support from investors, some traders and investors have trusted mlm coin like Bitconnectcoin let's see how it goes for Bitcoingold.

Well the thing is bitcoin gold is just a free coin so don't expect too much from it. Looking in the coinmarketcap.com btg price $400 and it's actually not bad for a free coin. And unlike bch, btg and the team behind isn't active here and in social media, maybe it's too early for many assumptions so let's all just wait.

coin-investor

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Quote from: g12.egr on October 25, 2017, 09:47:30 AM

Strange situation. No official wallets, no official statements (only user speculations), but it is traded on few exchanges and trading means also someone is buying it Huh

Hope people will not lose too much on it.

It's too early to tell just like Bitcoincash many will support it and also many will call it scam but we need a few weeks more, to see if it will gain support from investors, some traders and investors have trusted mlm coin like Bitconnectcoin let's see how it goes for Bitcoingold.

anitaraymonds

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g12.egr

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Strange situation. No official wallets, no official statements (only user speculations), but it is traded on few exchanges and trading means also someone is buying it Huh

Hope people will not lose too much on it.

Topic: Bitcoin GOLD - A well thought Scam? - page 5. (Read 18828 times)