Topic: Bitcoin Gold (BTG) - page 19. (Read 104234 times)

i dont believe that BTG has any future, premine is kinda a deal breaker for me, looks like devs forked it just for money

You're wrong. It should be at least be 2,000,000$ per token!
It is totally fair price for any ZCash clone!

Hey guys,
                if any of you have a moment to explain a few things to me about Bitcoin Gold Core Wallet 0.15.0 Win x64 downloaded from https://bitcoingold.org/ I would greatly appreciate it.  

1.  With the wallet installed and open I go to File/Receiving Addresses.  It gives me a BTG address with no option for exposing the private key for that address.  Is there a way to export my private keys for these addresses generated in Bitcoin Gold Core Wallet?  If the answer is no, this wallet is useless to me.

2.  again in File/Receiving Addresses there is a warning at the top that says "These are your Bitcoin addresses for receiving payments.  It is recommended to use a new receiving address for each transaction" and again another warning under the receiving tab "Reuse an existing receiving address (Not Recommended)   What is the purpose of this warning?   Lets say I wanted to use this wallet for mining Bitcoin Gold, I obviously cant use a new address for each transaction. 


Thanks to anyone willing to clarify!  

Bitcoin Private is a scam. Rhett Creighton is a kid who was supporting Bcash pumps and dumps. He revived Zclassic to sell his coins and immediately kill it by announcing Bitcoin private fork.

In my opinion, it will not be such a dramatic competitor of BTC as this project is not brought to an end, and even the exchangers for it yet.

No exchange offering deposit for this coin at the moment you should have to wait till next update. We can check only our balance but to dump our private keys to get access there.

Doubt, what a strong word. Face your fears and doubts, and new worlds will open to you.

I really doubt that. There'll be a new Bitcoin fork with the same Proof-of-Work algorithm equihash, called Bitcoin Private. It'll make Bitcoin Gold obsolete because it also has anonymity.

Bitcoin Gold is a bitcoin fork, like Bitcoin Cash. One notable change is that they changed the algorithm to Equihash, which makes it an asymmetric resistance and its algorithm with intensive memory.

Automatic multiple Faucets for free coins, almost every bitcoin fork supported !

BTG to 2,000$ soon

BCwinning, I'll have to give a wide-range kind of answer to you.

By now it is QUITE clear and QUITE annoying since a long time what these folks are trying to do.
We should have to jump in political remarks then.
I've already explained what it is happening since the BCH fork and eventually even South Korean authorities have had a "slightly delayed" understanding about it by now. They just needed to have some kind of backing from a certain western country before going further, just in case  

That country which said it will be raise mining-related taxes has to be quite careful, though, as with N. Korea behaviour they've already their neck exposed to world scrutiny. Many foreign investments have been done in their country, and, with the very competitive Tax policy now active in USA many enterprises could say bye bye in a snap, as the next tax increase would be touching them.

BUT I find western countries (but not only western ones) to be guilty on par. Chasing profits in a country with no real democracy, only because it offers lower taxes and lower cost of workmanship (and very few rights for workers of course) is proving to be self-wounding. These countries had choosen the shortest path, not the best.
Lower costs of electricity for mining up to now it is just on the same trend.
The fundamental mistake was to trust someone simply not long-term trustable? No. It was not to think about an emergency plan, mining wise.
Deploying solar energy powered mining farms it is feasible, but takes time and undergoes taxes, as you said. But what if they were overbuilt and the power surplus being sold back to country's own energy purveyors? Accurate planning always brings about rewards, or in the worst chance cuts losses.

On the other side, deploying wallets enabled for PoS mining (even a mixed PoW/PoS) with a clever and fair "mining" distribution can be done pretty much faster, and gaining time in order to deploy solar energy powered PoW mining farms. How are you going to tax my wallet for my PoS mining, BTW?
Just a few posts ago I suggested that to BTG devs and commanders alike. getting back to the thread.
Accepting PoS as I alredy said implies an inflationary coin, whichever it is. But even a deflationary coin as BTC it is by definition get inflationary when forked even on a 1BTC=0.001NewCoin base. So where it the point?

Yet there is something else to put in the mix just to understand the current moment.
ETH is raising to ludicrously high levels and RSI beyond 85%. In 2-4 days Parabolic SAR will probably intercept price levels and there will be a down-trend. If S. Korean authorities will effectively act even before that date even sooner.
Now, is ETH so immune from culprits in its own ecosystem to deserve this sudden up-trend?
Answer: no
https://www.coindesk.com/ethereum-time-highs-overshadow-wave-technical-issues/
A lot of issues in the end!
Why is it raising that much? Because its prices can be altered with far less money than BTC in order to make same profits. Proof is that since 12/06/2017 ETH has more than tripled its value.
ETH and NEO that have so much in common and I guess NEO will soon follow the same trend.

Where is the place for BTG then? I wrote about the following many days ago, it was still December. I warned BTG crew about the necessity to get out of Bithumb dominance (Mate, please go back to my previous posts to find the very day I wrote that). Today this dominance is 49.21% . But Bithumb is #1 world exchange for ETH and so the best seat it is already taken, albeit BTG deserves a mention apart for defending honourably against outgunning enemy.

sun might be free but the taxes on that land isn't, business taxes are not. all of which will be going up in china on these farms.

Sun is still for free 😎

nothing physically to do with gold itself.
Yet by only being able to mine it with a GPU, it could be considered harder to come by hence the gold name.

On another note, who thinks China eliminating (making it very expensive to operate) the asic farms will be a boon to btcg or not affect it all?
I doubt any of those farms will find any place cheaper in the world to run their farms, even taking Iceland into consideration.

If you guys are look for a great place where to get free pump signals I think that this is what you are looking for: https://discord.gg/yNyQw8E

IT would be good to understand if "Bitcoin Gold" has anything to do with gold or if the word "gold" has just been attached to make it shine...

Coinbase HAS BTC available.
Furthermore...
Things are a little different than on November. A lot of people are using BTC to buy altcoins, particularly ETH had benefits by going undeservedly high without any match in something real, having RSI(14) in eccess of 81% yesterday and >83% at my last editing time.
All the first 16 cryptos by market cap are loosing bar ETH NEO (China's ETH if my memory serves well) and ICON. Conclusion: many are cashing out BTC mainly for flat/ETH. Why?

1)https://www.coindesk.com/bitcoin-faces-bearish-move-as-prices-drop-towards-15k/
"Caixin Global reported last week that local regulators in China may not longer offer discounted electricity and tax deductions to mining companies. Further, a leaked document now suggests that China's top internet finance regulator is requesting that local governments push bitcoin-mining operations towards an "orderly exit" from the industry. "

2)South Korean banks/exchanges are under scrutiny: https://www.coindesk.com/south-korean-banks-face-scrutiny-crypto-exchange-ties/
Coinmarketcap site removed IMHO more than appropriately and in a timely manner the three big S. Korean exchanges Bithumb, Coinone and Korbit from its average calculations https://www.coindesk.com/the-crypto-market-just-dropped-on-one-data-adjustment/ as prices on those exchanges have consistently traded far above the rest of the market, such as the more than $5,000 spread spread compared to markets like Bitfinex and GDAX.

There is a new trend now of forking Bitcoin... Yes some of the forks have different things from the original but do you guys seriously believe they will ever be successful?

Clever of them if what you're saying is true (and I understand correctly). Coinbase claimed they didn't have a BTC supply to sell?!!? I just checked and can't find any evidence that happened, and they are currently allowing sales of it. Is that what you meant; does Coinbase operate in such obviously manipulative way?