Topic: Bitcoin Gold is Forking Off - page 3. (Read 1159 times)
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 maybe new to investing and bitcoin Gold is not one of them(forking coins). This uncertainty and doubts towards the one making the fork is valid and they can’t even bother to save themselves or taking action about giving information accurately to the bitcoin community. The intention of the developers are extremely on a gray side, we all know that on that area it easier for them to go black than to be in white. Be smart enough to know that it is worthless to invest.
That's why investors should be knowledgeable enough on this kind of fork in order for them to know what is real and what is not. Bitcoin Gold will not be even able to beat or to even reach what Bitcoin Cash have reached ( like having a follower and also a cult here in bct forum). another big suspicion here is the Developer who is not even known publicly.
I really hope that this crashes and burns, and if it doesn't people will learn a valuable lesson when they do see the 'devs' (if you want to call them that) of this shitty premined shitcoin that is only getting attention by people because it was after the big Bitcoin Cash fork, which actually had support of some people on these boards and in this community.
Let it die my brothers, let it die and this all will end.
Your wish is coming true, it's already crashing. Since the fork the price as hack down to $130, give maybe a day or 2 more people will sell their BTG. I am also waiting for the dust to settle so I can import my priv keys safely. Let it die my brothers, let it die and this all will end.
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.
i dont know what would be the support that this coin will received after the split, for miners they will be able to mine btc gold using gpu and what more?after they mined they will sell it again to btc there's no real purpose same thing with bitcoin cash.
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.
Don't be one of the dummies buying.
You said it right it is pure garbage, trash, and god damn awful look on the industry. Cant believe this ish is allowed but its the wild west up in this. It will be nice when some regulatory bodies step and stop this shady stuffs
from happening often. Not only does it hurt people buying into this garbage but it also hurts the rest of the industry. So much power should not be in the hands of few but that is what happens when a lot of $$$ on the line!
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.
Don't be one of the dummies buying.
Are there exchanges listing BTG outright after the fork? The developers can dump all 100,000 BTG coins and hold them all in BTC and claim it as a fund for development, while the poor people who support and bought BTG will hold those useless coins and wait for the pump.
Thats life in cryptocurrency scams.
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.
Sadly this is the future, expect more forks and splits in the future driven by pure greed. If it is possible, you will find people that will take advantage. For every one person against this coin, there is another backing it - newbies will be attracted to it as it is being sold as a cheaper and better alternative to bitcoin. The more experienced folks will acquiesce eventually when the con inevitably starts doing well.
It will be the responsibility of the exchanges to warn their users about suspicious hard forks of BTC, from my perspective. Bittrex was good to issue the BTG rightfully for their users, but they have also issued a warning.
https://support.bittrex.com/hc/en-us/articles/115002320451-Statement-on-Bitcoin-Gold-BTG-
Bitcoin Gold does not currently have:
- Fully formed consensus code
- Implemented replay protection
- Adequate code for testing and auditing
- Publicly known code developers
Sadly this is the future, expect more forks and splits in the future driven by pure greed. If it is possible, you will find people that will take advantage. For every one person against this coin, there is another backing it - newbies will be attracted to it as it is being sold as a cheaper and better alternative to bitcoin. The more experienced folks will acquiesce eventually when the con inevitably starts doing well.
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.
Don't be one of the dummies buying.
This article definitely describes the current situation and the warning for people who actually do support BTG: https://motherboard.vice.com/en_us/article/qv38ab/bitcoin-gold-website-ddos-after-bitcoin-fork
The issue that I have with BTG is that people created a bubble in bitcoin by buying because they thought they would just get loads of free money just for having bitcoin that they could dump and buy more bitcoin with. However, now, BTG is being dumped to oblivion and the price of bitcoin is going down too for those who are taking their money out.
I hadn't heard about this until you posted this article, and if you'll excuse the pun, this is GOLD. Even better that the DDOS is coming from China, which seems appropriate since the consortium of Bitcoin Gold developers is from China. It's an interesting to me that anyone forking off the bitcoin blockchain in the hopes of "saving it from itself" (as both bitcoin cash and bitcoin gold believe they are doing, BCH by increasing the block size and BCG by eliminating ASICs) would choose to do so in the most shady way possible (pre-mining and refusing to release the code publicly). Sadly, I don't even think that will doom the coin, because this market of sheep will latch on to anything that will turn them a profit, and if BCG can promise that, people will believe it and won't send it to the immediate death it deserves.
Totally agree. An altcoin without reason of being, without important developments in the ecosystem and with a future nothing promising. As soon as I get the coins that correspond to me after the hardfork, I will look for the way to sell them at the best possible price, because this new altcoin is called to follow the same path of Bitcoin Cash and quickly lose its value.
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.
Don't be one of the dummies buying.
This article definitely describes the current situation and the warning for people who actually do support BTG: https://motherboard.vice.com/en_us/article/qv38ab/bitcoin-gold-website-ddos-after-bitcoin-fork
The issue that I have with BTG is that people created a bubble in bitcoin by buying because they thought they would just get loads of free money just for having bitcoin that they could dump and buy more bitcoin with. However, now, BTG is being dumped to oblivion and the price of bitcoin is going down too for those who are taking their money out.
Still many people are expecting the bitcoin gold trading and reward before the coin splitted from the bitcoin. If you have the bitcoin in the bitrex or other BTG supported wallet you will be able to get the reward for the bitcoin you saved.
BTG will decrease after it comes into the market like BCH's value decreased in the chart.
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.
Don't be one of the dummies buying.
This article definitely describes the current situation and the warning for people who actually do support BTG: https://motherboard.vice.com/en_us/article/qv38ab/bitcoin-gold-website-ddos-after-bitcoin-fork
The issue that I have with BTG is that people created a bubble in bitcoin by buying because they thought they would just get loads of free money just for having bitcoin that they could dump and buy more bitcoin with. However, now, BTG is being dumped to oblivion and the price of bitcoin is going down too for those who are taking their money out.
I think they will be doing the same thing that Ethereum founders has done. They pocket a few coins during the pre-mine and
they airdrop a few coins to shut people up. Yes, people want to go back to the idea that you can mine bitcoins with CPU/GPU's
and this ASIC resistance will give them a taste of that. This will also screw some Chinese miners who are heavily invested in
ASIC technologies. It is a feature rich fork, but the developers behind this is dodgy and unorganised.
they airdrop a few coins to shut people up. Yes, people want to go back to the idea that you can mine bitcoins with CPU/GPU's
and this ASIC resistance will give them a taste of that. This will also screw some Chinese miners who are heavily invested in
ASIC technologies. It is a feature rich fork, but the developers behind this is dodgy and unorganised.
Like i ve been reding btg is under ddos attack,it is shity coin even code has been not released
Binance is trading btg at 0.46 price with very low volume
I also dont have good opinion about btg
Binance is trading btg at 0.46 price with very low volume
I also dont have good opinion about btg
I really hope that this crashes and burns, and if it doesn't people will learn a valuable lesson when they do see the 'devs' (if you want to call them that) of this shitty premined shitcoin that is only getting attention by people because it was after the big Bitcoin Cash fork, which actually had support of some people on these boards and in this community.
Let it die my brothers, let it die and this all will end.
Let it die my brothers, let it die and this all will end.
Same sentiments here bro. I hope it crashes as soon as its been released. I find it really off and disturbing it offers no help at all just another nuisance.
Yeah just make money out of it just like what they will do.
The faster the better. Monitor what will happen then save your damn bitcoins as fast as you can after the fork. Dont let it stay in an exchange for a long time.
Good thing there is someone like this who will remind everyone.
The faster the better. Monitor what will happen then save your damn bitcoins as fast as you can after the fork. Dont let it stay in an exchange for a long time.
Good thing there is someone like this who will remind everyone.
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.
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.
Don't be one of the dummies buying.
Are there exchanges listing BTG outright after the fork? The developers can dump all 100,000 BTG coins and hold them all in BTC and claim it as a fund for development, while the poor people who support and bought BTG will hold those useless coins and wait for the pump.
Thats life in cryptocurrency scams.
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