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Topic: Bitcoin Gold is Forking Off - page 2. (Read 1159 times)

hero member
Activity: 910
Merit: 509
October 26, 2017, 08:03:00 AM
#46
I can not wait for bitcoin gold, will it be better than bitcoin cash or BCC? but I'm sure bitcoin is the main choice although it will appear bitcoin gold.
I must say that if this happens, then this will be going to be the best thing happened so far especially for the ones who are planning for long term investment and holding of bitcoin. Bitcoin gold is really a very good idea and we all should appreciate this thing. This will increase the fame of bitcoin and it will grasp the interest of more people thus will help them in believing bitcoin.
sr. member
Activity: 322
Merit: 250
October 26, 2017, 03:05:52 AM
#45
With the imminent release of bitcoin gold (another garbage, pointless coin) in the next 24 hours, it's a good time to remind everyone that the developers are shady. This is a China-miner lead fork, it serves no purpose other than the enrichment of the developers. According to Coinbase (https://support.coinbase.com/customer/en/portal/articles/2892196-bitcoin-gold-faq?b_id=13521), the developers are pre-mining 100,000 coins before releasing the code to the public. That's shady, garbage, self-enrichment behavior, and I hope this coin flames out because it's clearly designed to only enrich the developers. So essentially, after the fork happens, the only people mining will be the developers, and when they've determined they've made themselves rich enough, they'll release the code to the public while they probably dump their pre-mined coins.

Don't be one of the dummies buying.

I saw the pre-mined 100,000 for themselves the developers and I was thinking what could be wrong but they would surely have an argument for the defence because a lot of project here have provisions to take care of the developers and that 100,000 of the total 21,000,000 is actually a fractional percentage of what others developers are keeping for themselves. What matter is what will happen to that 100,000 will be the real determinant whether BTG will live to see next year or would fade away.
full member
Activity: 364
Merit: 118
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October 26, 2017, 02:29:31 AM
#44
I can not wait for bitcoin gold, will it be better than bitcoin cash or BCC? but I'm sure bitcoin is the main choice although it will appear bitcoin gold.
Bitcoin Gold is clearly trash from their "Secret" Lead developer along with the mining of BTG coins. That is pure BS. They just want to Pump the coin and dump their pre mines, with that they can be rich and scam the BTG investors. Be aware.
I think the purpose of hardfork is not just to split but to update new softwares. Or even throw some old blocks that was mined. And it's too early to judge btg gold if it is scam or not. Miners and devs have risked things for the hardfork. It is not just easy to announce it as scam. It is in each user to face the risk in acquiring btg. Im sure most are already if its scam or not. And for me it is good to have invested btg gold in a wallet if i can acquire free btg. Scam or not its my fault.
I'm always surprised when people say that the project is Scam even before the project came to light. It is not correct. Any project has a chance to develop, or he may die. Constantly appear and disappear new coins. They all scams? No. Perhaps the developers did something wrong and did not receive support. Many people think that bitcoin is also a Scam. No one knows their future. I wish good luck to all.

Hey, can you comprehend what just i said!? I SAID BTG is a trash and not the HARDFORK being trash. I talking about the BTG and It's "SECRET" Developer with their premined coins, what do you think of what they gonna do??. Lol.
legendary
Activity: 2044
Merit: 1115
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October 25, 2017, 04:50:33 PM
#43
With the imminent release of bitcoin gold (another garbage, pointless coin) in the next 24 hours, it's a good time to remind everyone that the developers are shady. This is a China-miner lead fork, it serves no purpose other than the enrichment of the developers. According to Coinbase (https://support.coinbase.com/customer/en/portal/articles/2892196-bitcoin-gold-faq?b_id=13521), the developers are pre-mining 100,000 coins before releasing the code to the public. That's shady, garbage, self-enrichment behavior, and I hope this coin flames out because it's clearly designed to only enrich the developers. So essentially, after the fork happens, the only people mining will be the developers, and when they've determined they've made themselves rich enough, they'll release the code to the public while they probably dump their pre-mined coins.

Don't be one of the dummies buying.
Great, so now we have even a pre-mined bitcoin! Wasn't this fork supposed to support small individual miners and let them have profit? I bet the organizer is a Chinese farm, not a small businessman. I guess the fork is already behind. I can see that people who had bitcoin on bitfinex already go bitcoin gold in their wallets, but I can't find this currency on coinmarketcap at all.
That is why that there must be no people to trust or invest in any kind of newly created coin because of Bitcoin's fork as it is only a copy cat of the original one and will serve no purpose at all but to only steal the fame of what Bitcoin already set to the whole world. If this statement of yours is really true then I am sure that this newly forked coin will be more worse than Bitcoin Cash.
This is truly the way you put it. It is even stated that bitcoin gold is like a reserved copy of original blockchain in case something happens to it. Doesn't sound like a good explanation to putting the original's price and reputation at risk to me.

You can find bitcoin gold on coinmarketcap here:  https://coinmarketcap.com/currencies/bitcoin-gold/

Perhaps it doesn't show on the first page because the code hasn't been released publicly yet, so there's no way to independently verify how many coins exist, and without knowing how many coins there are, it's not possible to calculate the market cap. Since the front page of coinmarketcap is ordered by marketcap size, the coin with an indeterminable market cap won't be listed there. As of this posting, BTCG is down 40% since the fork, which makes me happy to see. Nobody wants much to do with this coin, and they shouldn't.
full member
Activity: 672
Merit: 127
October 25, 2017, 12:49:11 PM
#42
I doubt that BCG would be worth anything a week after its release. What's troubling me is that all these constant forks could erode trust or further confuse people who are just starting to hear of bitcoins. I just hope this is not some underhanded move from the Chinese government.

I think this fork will just need time because like BCC and other altcoins which are dump already because of the upcoming BTG. Hope the segwit2x will make other currency balance with bitcoin until the end of the fork.
legendary
Activity: 1358
Merit: 1014
October 25, 2017, 12:22:18 PM
#41
There was as snapshot where people is supposed to receive the coins 2 weeks from now because the devs are premining it for 2 weeks. This is fucking stupid lol. This fork could have been a decent experiment to see if equihash got any traction from miners but they had to premine it to turn it into a total joke. There's no point in bothering, I don't expect this to be worth even 2 figures rather soon. I understand the devs want some support but you have to find other alternatives to doing a premine if you don't want to carry that stigma in your coin forever.
hero member
Activity: 2520
Merit: 624
October 25, 2017, 11:44:28 AM
#40
With the imminent release of bitcoin gold (another garbage, pointless coin) in the next 24 hours, it's a good time to remind everyone that the developers are shady. This is a China-miner lead fork, it serves no purpose other than the enrichment of the developers. According to Coinbase (https://support.coinbase.com/customer/en/portal/articles/2892196-bitcoin-gold-faq?b_id=13521), the developers are pre-mining 100,000 coins before releasing the code to the public. That's shady, garbage, self-enrichment behavior, and I hope this coin flames out because it's clearly designed to only enrich the developers. So essentially, after the fork happens, the only people mining will be the developers, and when they've determined they've made themselves rich enough, they'll release the code to the public while they probably dump their pre-mined coins.

Don't be one of the dummies buying.

I have always had the premonition that this bitcoin gold would have a hoodwinking motive on users and this is what it is coming up to. Minners having ulterior motives to enrich theirselves.

I have read a thread here that was asking if bitcoin could stop corruption, now we know better.

Corruption and fraud come in diverse ways.
sr. member
Activity: 714
Merit: 261
October 25, 2017, 11:14:22 AM
#39

As we see the current price is $164.47 vs yesterdays 400$+

Seems like the only good usage of this fork is just selling it asap for a higher price. Actually the same that with bitcoin cash but much faster this time.

P.S. I am realy surprized that someone is buying those garbage forks.



The surprise is no more because it was already known to most of the crowd that they will receive the free bitcoin gold which they can later on dump for real bitcoin.


Now people are more aware this time due to segwit2x where most of the community enjoyed receiving the free cash. This time people don’t wanted to loose the money and they made reality. This is why we are seeing more dumping rate, faster than previous one.
hero member
Activity: 560
Merit: 500
October 25, 2017, 06:27:40 AM
#38
With the imminent release of bitcoin gold (another garbage, pointless coin) in the next 24 hours, it's a good time to remind everyone that the developers are shady. This is a China-miner lead fork, it serves no purpose other than the enrichment of the developers. According to Coinbase (https://support.coinbase.com/customer/en/portal/articles/2892196-bitcoin-gold-faq?b_id=13521), the developers are pre-mining 100,000 coins before releasing the code to the public. That's shady, garbage, self-enrichment behavior, and I hope this coin flames out because it's clearly designed to only enrich the developers. So essentially, after the fork happens, the only people mining will be the developers, and when they've determined they've made themselves rich enough, they'll release the code to the public while they probably dump their pre-mined coins.

Don't be one of the dummies buying.
Developers premining many coins is shady indeed even if it is only an ordinary altcoin. The project is bullshit and probably no one will ever buy into bitcoingold, most will probably dump immediately because it is not handled well and is really not better than original btc itself. It might become another shitcoin after some months after the release. People want btg for free money anyway, there will only be few willing to buy btc after release. Bitcoin cash is better than Bitcoin Gold IMO.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 25, 2017, 06:11:08 AM
#37
In future bitcoin gold will be followed by many other altcoins. Just like everyday we see new altcoin tokens op up which are ethereum based erc20 tokens these altcoins dont have a future like bitcoin. Bitcoin is unique and it has its own competitors but no other altcoin which is a fork of bitcoin can replace bitcoin. These forks are increasing the price of bitcoin prior to the fork true but this idea of selling the new shitcoin and making money from the fork does not seem good to me at all.
sr. member
Activity: 714
Merit: 252
October 25, 2017, 05:11:21 AM
#36
So the coin is published on the chain successfully after all no and woos. It’s been enjoyed as free coin and people are getting free money out of it. Some of them are getting 30% of bitcoin as free fiat after conversion and do you really think that it is piece of garbage. I’m sure it’s not after all everyone is enjoying the free money and trying to get more and more they could. It’s too early to predict anything in bullish way. Always look for more information before predicting. It’s part of development process and I believe it will succeed.
jr. member
Activity: 52
Merit: 10
October 25, 2017, 04:56:40 AM
#35
Bitcoin is So risky to invest So when open new fork from it you waste your time , burn others money and Destroy BTC
full member
Activity: 322
Merit: 103
October 25, 2017, 04:47:25 AM
#34
As we see the current price is $164.47 vs yesterdays 400$+
Seems like the only good usage of this fork is just selling it asap for a higher price. Actually the same that with bitcoin cash but much faster this time.
P.S. I am realy surprized that someone is buying those garbage forks.
member
Activity: 89
Merit: 10
October 25, 2017, 04:40:25 AM
#33
Better to sell all your airdrop btc gold once you receive if your are planning to hoard btc for the airdrop. They are making it a trend to have a fork everytime btc price becomes stagnant or dips. After this btc gold what's next? Btc platinum? Btc diamond? Only devs and whales are gaining from this forks. Break the chain.
sr. member
Activity: 406
Merit: 253
October 25, 2017, 04:34:08 AM
#32
I can not wait for bitcoin gold, will it be better than bitcoin cash or BCC? but I'm sure bitcoin is the main choice although it will appear bitcoin gold.
Bitcoin Gold is clearly trash from their "Secret" Lead developer along with the mining of BTG coins. That is pure BS. They just want to Pump the coin and dump their pre mines, with that they can be rich and scam the BTG investors. Be aware.

I think the purpose of hardfork is not just to split but to update new softwares. Or even throw some old blocks that was mined. And it's too early to judge btg gold if it is scam or not. Miners and devs have risked things for the hardfork. It is not just easy to announce it as scam. It is in each user to face the risk in acquiring btg. Im sure most are already if its scam or not. And for me it is good to have invested btg gold in a wallet if i can acquire free btg. Scam or not its my fault.
I'm always surprised when people say that the project is Scam even before the project came to light. It is not correct. Any project has a chance to develop, or he may die. Constantly appear and disappear new coins. They all scams? No. Perhaps the developers did something wrong and did not receive support. Many people think that bitcoin is also a Scam. No one knows their future. I wish good luck to all.
sr. member
Activity: 546
Merit: 250
October 25, 2017, 04:21:00 AM
#31
I can not wait for bitcoin gold, will it be better than bitcoin cash or BCC? but I'm sure bitcoin is the main choice although it will appear bitcoin gold.
Bitcoin Gold is clearly trash from their "Secret" Lead developer along with the mining of BTG coins. That is pure BS. They just want to Pump the coin and dump their pre mines, with that they can be rich and scam the BTG investors. Be aware.

I think the purpose of hardfork is not just to split but to update new softwares. Or even throw some old blocks that was mined. And it's too early to judge btg gold if it is scam or not. Miners and devs have risked things for the hardfork. It is not just easy to announce it as scam. It is in each user to face the risk in acquiring btg. Im sure most are already if its scam or not. And for me it is good to have invested btg gold in a wallet if i can acquire free btg. Scam or not its my fault.
legendary
Activity: 3150
Merit: 1392
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October 25, 2017, 04:00:39 AM
#30
With the imminent release of bitcoin gold (another garbage, pointless coin) in the next 24 hours, it's a good time to remind everyone that the developers are shady. This is a China-miner lead fork, it serves no purpose other than the enrichment of the developers. According to Coinbase (https://support.coinbase.com/customer/en/portal/articles/2892196-bitcoin-gold-faq?b_id=13521), the developers are pre-mining 100,000 coins before releasing the code to the public. That's shady, garbage, self-enrichment behavior, and I hope this coin flames out because it's clearly designed to only enrich the developers. So essentially, after the fork happens, the only people mining will be the developers, and when they've determined they've made themselves rich enough, they'll release the code to the public while they probably dump their pre-mined coins.

Don't be one of the dummies buying.
Great, so now we have even a pre-mined bitcoin! Wasn't this fork supposed to support small individual miners and let them have profit? I bet the organizer is a Chinese farm, not a small businessman. I guess the fork is already behind. I can see that people who had bitcoin on bitfinex already go bitcoin gold in their wallets, but I can't find this currency on coinmarketcap at all.
That is why that there must be no people to trust or invest in any kind of newly created coin because of Bitcoin's fork as it is only a copy cat of the original one and will serve no purpose at all but to only steal the fame of what Bitcoin already set to the whole world. If this statement of yours is really true then I am sure that this newly forked coin will be more worse than Bitcoin Cash.
This is truly the way you put it. It is even stated that bitcoin gold is like a reserved copy of original blockchain in case something happens to it. Doesn't sound like a good explanation to putting the original's price and reputation at risk to me.
full member
Activity: 364
Merit: 118
Bounty Campaign Manager? --> https://goo.gl/YRVVt3
October 25, 2017, 03:37:21 AM
#29
I can not wait for bitcoin gold, will it be better than bitcoin cash or BCC? but I'm sure bitcoin is the main choice although it will appear bitcoin gold.
Bitcoin Gold is clearly trash from their "Secret" Lead developer along with the mining of BTG coins. That is pure BS. They just want to Pump the coin and dump their pre mines, with that they can be rich and scam the BTG investors. Be aware.
member
Activity: 518
Merit: 11
October 25, 2017, 03:25:49 AM
#28
With the imminent release of bitcoin gold (another garbage, pointless coin) in the next 24 hours, it's a good time to remind everyone that the developers are shady. This is a China-miner lead fork, it serves no purpose other than the enrichment of the developers. According to Coinbase (https://support.coinbase.com/customer/en/portal/articles/2892196-bitcoin-gold-faq?b_id=13521), the developers are pre-mining 100,000 coins before releasing the code to the public. That's shady, garbage, self-enrichment behavior, and I hope this coin flames out because it's clearly designed to only enrich the developers. So essentially, after the fork happens, the only people mining will be the developers, and when they've determined they've made themselves rich enough, they'll release the code to the public while they probably dump their pre-mined coins.

Don't be one of the dummies buying.

good info thanks for sharing, i have bitcoin from 22 october yesterday, i hope i get bitcoin gold and can enjoy the advantage of bitcoingold fork.
full member
Activity: 364
Merit: 118
Bounty Campaign Manager? --> https://goo.gl/YRVVt3
October 25, 2017, 03:21:42 AM
#27
The Premining issue is a full BS and also they have that "SECRET" "ANONYMOUS" "CUTE" LEAD DEVELOPER with an alias that is not Developer-ish alias is another FULL BS. They also have a Chinese LEAD Person there. Which is quite suspicious. Anyway, This will be like Bitcoin Cash. #Trashed
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