Topic: Bitcoin gold fork (Read 1797 times)
Yeah, it seems like a half-assed fork even in comparison to Bitcoincash. You can store your bitcoins anywhere reasonable and you should be able to get your bitcoincash, but your best bet is to look for an exchange that specifically has announced that they will fund you the equivalent in bcg automatically. I think Nova did btc->bcc when that forked happen, so you might be able to check there and see.
I just want tha bitcoin Gold to reckt 
BCH... I have what BCH mienr are doing with EDA and decentralized mining will sove that shit problem.
Using such abused currency is sad experience to me guys.
What Gold price you will predict ?
BCH... I have what BCH mienr are doing with EDA and decentralized mining will sove that shit problem.Using such abused currency is sad experience to me guys.
What Gold price you will predict ?
I will wait until i receive the equal amount of bitcoin gold, and then i will transfer my btc to my offline wallet, this is the same as i did when the first fork happened on august 1nd, obviously i will dump my bitcoin gold right after receiving them. Even though i do not know the specifics for bitcoin gold, they will most likely take a snapshot of the bitcoin blockchain
Keeping bitcoin on hold is better strategy to work out now. Prices are just like jumping to the sky and you know in such cases, the future is totally unpredictable. Now you don’t know either these prices are just going up or they will plunge out soon. So wait, and as you said, wait until you get your money back equals to gold fork. 
I will wait until i receive the equal amount of bitcoin gold, and then i will transfer my btc to my offline wallet, this is the same as i did when the first fork happened on august 1nd, obviously i will dump my bitcoin gold right after receiving them. Even though i do not know the specifics for bitcoin gold, they will most likely take a snapshot of the bitcoin blockchain
No, i dont think that its price will go down after the fork, probably it will be the same as ATM price, or the price that it would be hours before the fork, just remember how it was the fork of august. The price didnt go down, it went up for more than $1200 a few days after the fork.
The only one who is going to drop a lot is bitcoin gold after its realize.
The only one who is going to drop a lot is bitcoin gold after its realize.
I like this scenario too. BTG futures already cost around 1200$. It's good sign to sell them exactly at this point.
Hello,
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?
Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).
Thanks for any advice.
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?
Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).
Thanks for any advice.
Yes, you will receive the equivalent number of coins you have in your wallet, in a similar way it happened on August 1st with Bitcoin Cash fork. That time many exchanges made all the work, i.e. if you had 1 BTC on such exchanges you received 1 BCH automatically, without any effort made by you. I don't know if things will be the same with this other fork as well. In any case, to be safer, it is better if you put all your coins on a wallet controlled by yourself. Electrum is a very good choice.
No, i dont think that its price will go down after the fork, probably it will be the same as ATM price, or the price that it would be hours before the fork, just remember how it was the fork of august. The price didnt go down, it went up for more than $1200 a few days after the fork.
The only one who is going to drop a lot is bitcoin gold after its realize.
The only one who is going to drop a lot is bitcoin gold after its realize.
Bitcoin will split again? This means another free money for bitcoin holders. This for sure a great opportunity for us. We can start buy more bitcoin and hold it on our own wallet till the fork happened.
How will you get free money? Who will give it to you? Everytime you make money, someone 'loses' that money. If the fork is useless no one will buy it.
There is potential danger if you sell one fork as soon as it comes. You might have sold the wrong fork.
Example: Bitcoin forks to BTG and BTC. BTC stays at 4500, BTG is at 500. What will you do? You can sell your BTG, but BTC might fall and BTG takes over. You just lost everything. You could also sell all your BTC buy BTG but then BTC takes over(as expected, yeah?) leaving you with a bag of shit.
After the split, bitcoin will lose money and price. That's how the new one is coming with an actual price to the market.
So you explained it well for us.
BTC will dominate at the end for sure, there is no doubt for this.
I currently have BTC in Bittrex account. I read that they gave BCC after the August 1st fork to the BTC holders at the time of the fork.
Let's make the following assumptions:
-Bittrex will again give the forked Bitcoin Gold to BTC holders
-Let's say the forks hapens at 10:00am, for example
If I sell my BTC for another currency at let's say 10:02am, am I still gona receive Bitcoin Gold from bittrex or not?
Let's make the following assumptions:
-Bittrex will again give the forked Bitcoin Gold to BTC holders
-Let's say the forks hapens at 10:00am, for example
If I sell my BTC for another currency at let's say 10:02am, am I still gona receive Bitcoin Gold from bittrex or not?
Hello,
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?
Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).
Thanks for any advice.
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?
Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).
Thanks for any advice.
Think of this like an airdrop.
Should be similar to what happened on 1st August, when Bitcoin Cash was forked out of bitcoin. Even though i do not know the specifics for bitcoin gold, they will most likely take a snapshot of the bitcoin blockchain and distribute balances this way.
Whether or not you hold the bitcoin gold or convert it into bitcoin is entirely up to you.
Yeah. It's really an airdrop and not a bitcoin split.
Many are afraid when they're hear hard fork but actually it's good for the bitcoin network as the nodes will be upgraded. And it doesn't necessarily affect bitcoin price, only the FUDS are affecting the price as people are dumping their coins
Man this forking is bullshit.
It just duplicates Bitcoin and makes altcoins that make those fat Bitcoin whales even richer. What a piece of shit scheme. It should be illegal.
It just duplicates Bitcoin and makes altcoins that make those fat Bitcoin whales even richer. What a piece of shit scheme. It should be illegal.
Bitcoin gold have hype, because will have a good price. But it is possible many coin will be sold at the beginning and the price will drop.
Bitcoin will split again? This means another free money for bitcoin holders. This for sure a great opportunity for us. We can start buy more bitcoin and hold it on our own wallet till the fork happened.
How will you get free money? Who will give it to you? Everytime you make money, someone 'loses' that money. If the fork is useless no one will buy it.
There is potential danger if you sell one fork as soon as it comes. You might have sold the wrong fork.
Example: Bitcoin forks to BTG and BTC. BTC stays at 4500, BTG is at 500. What will you do? You can sell your BTG, but BTC might fall and BTG takes over. You just lost everything. You could also sell all your BTC buy BTG but then BTC takes over(as expected, yeah?) leaving you with a bag of shit.
Hey I'm in the same boat as OP here, I'm currently using a blockchain.info wallet.
- Is this a proper wallet?
- Will i just receive the btc straight into there and i don't have to do anything?
- IF NOT, would it go straight into a paper wallet?
Thanks guys
Yes this is straight wallet and there will be no formalities in receiving payment through bitcoin, and it is safer as compare to other wallets and there is no chance of hacking or getting into your wallet, and there will be no transaction fees through it and there also many online as well as offline wallets out there so that user can chose reliability. - Is this a proper wallet?
- Will i just receive the btc straight into there and i don't have to do anything?
- IF NOT, would it go straight into a paper wallet?
Thanks guys
So far there is two version of BTG news. Whether it will be another free coin just like Bitcoin Cash or will be sold through an ICO.
If we can get free distribution of bitcoin gold, then keep all of your bitcoin out of an exchange due to some exchanges or trading platform will give this coin to you tardy, just like Coinbase.
You may want to read this; https://bitcointalksearch.org/topic/ann-bitcoingpu-btcgpu-forked-spinoff-new-pow-adjusting-size-cap-segwit-2133536
ICO
BTCGPU will create 16000 blocks after forked from No 478558th Blcock.
every block 12.5 BTG.
it will be sold to ico investor.
1BTC=10BTG.
this ICO will help BTG chain the longest Bitcoin blockchain.
all rised BTC will used to hire developors, advertisement, etc.
If we can get free distribution of bitcoin gold, then keep all of your bitcoin out of an exchange due to some exchanges or trading platform will give this coin to you tardy, just like Coinbase.
You may want to read this; https://bitcointalksearch.org/topic/ann-bitcoingpu-btcgpu-forked-spinoff-new-pow-adjusting-size-cap-segwit-2133536
ICO
BTCGPU will create 16000 blocks after forked from No 478558th Blcock.
every block 12.5 BTG.
it will be sold to ico investor.
1BTC=10BTG.
this ICO will help BTG chain the longest Bitcoin blockchain.
all rised BTC will used to hire developors, advertisement, etc.
Hope this thing comes to us after all our hard work against it should not disseminate although extra BTC will do !
Thanks
Even if you used a translator it should be understandable but it's not even readable Thanks
this thing with hard forks of bitcoin is just proving to everyone that how transparent bitcoin is. Unlike NEO and ETH people could really clone bitcoin because it's open source. nothing changes in bitcoin, only there are people spending money on cloned bitcoins, I shall never spend a satoshi on it. I will only dump them, thanks to big Wu I'm getting more money out of a few grand I invested on bitcoin
Yes to Bitcoin Gold! It's all good. Don't forget the second, B2X later in November.
Track the progress of both coins here:
https://www.bitfinex.com/stats
Listed as:
BT1/USD 3520.0
BT2/USD 1174.9
Track the progress of both coins here:
https://www.bitfinex.com/stats
Listed as:
BT1/USD 3520.0
BT2/USD 1174.9
Hello,
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?
Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).
Thanks for any advice.
Straight up, at this point, I have no idea what is going on with forks now. I've heard so many people talking about what may be happening at some point or another, and now there are so many different forks people are talking about, it's all so tiresome to keep up with.I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?
Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).
Thanks for any advice.
If the fork is something a majority of the network and devs are in favor of, you will likely just get an update which will automatically give you your new forked currency or whatever, just keep your private key on hand in case there is something you have to import in the event there is no update.
Thank you for all the replies everyone
Very helpful!
Very helpful!
How to convert them via Blockchain.info? Can someone explain how the conversion happened with Bitcoin Cash if Bitcoin Gold conversion will be same as Bitcoin Cash?
It is a bit complicated - much more so than with the "old" blockchain.info wallets before 2015 - because Blockchain.info now uses "BIP39" addresses. That means roughly that you have a "seed phrase" which is a kind of "master password" for all your addresses. But each address still has its own private key, so it's a bit confusing ...
A tutorial is here:
How to export Blockchain wallet private key.
Really, you should do this step by step and download the BIP39 generator page, NOT using an online BIP39 generator - it may be malware!
Once you have the private keys, you import them one by one into your new "ForkBTC" client - the process is different for each client software.
Thank for explanation. I will look at tutorial once I get home.
Jump to: