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Topic: Bitcoin Gold is Forking Off - page 4. (Read 1159 times)

sr. member
Activity: 602
Merit: 252
October 23, 2017, 10:09:13 PM
#6
The ones supporting this hard fork are blind and deluded to think it will make any impact at all. If the developers actually premine, it's going to straight up end in the list of shitcoins with its value plummeting to the ground within weeks. The development team would be poised to dump the premined coins if at all they intend only doing this for their own profit which is seemingly the case at hand.
full member
Activity: 505
Merit: 100
October 23, 2017, 10:02:12 PM
#5
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 see, so this upcoming fork is one of those forks which have the purpose of self gain, and the developers are doing it by riding the fame of bitcoin, its saddening, because many people are wating for this fork since its announcement, and knowing that its purpose is just like as said above is just saddening. Its really nice to have read this post, thanks for the information.
newbie
Activity: 6
Merit: 0
October 23, 2017, 09:40:49 PM
#4
same as the Bitcoin cash this coin is also fanbased and price will only depend to a less number of people with some of them having most of the coin.
hero member
Activity: 2870
Merit: 594
October 23, 2017, 09:21:35 PM
#3
Nice write up and thanks for the share. I hope a lot of newbies read this because their is really no point of supporting another clone coins. Bitcoin Cash failed, and this so called Bitcoin Gold would have no value at all. It will be dump hard after investors get their free coins. In just a month this coins will be forgotten, and those who believed that its better for holding will be in a very rude wake awakening soon. Don't fall for the trap.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
October 23, 2017, 08:18:02 PM
#2
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.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
October 23, 2017, 06:46:46 PM
#1
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.
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