Topic: Bitcoin Gold newbie questions - page 2. (Read 969 times)

Yes, the fork is going to happen on October 25th, i am so excited waiting for it, and seriously, i am very impacient about it.
But i will dump them a few hours after getting them on my wallet (which i dont know which one i will use to receive my bitcoin gold) but it doesnt matter the price, i will sell them anyway because i dont trust in that coin.
Just like it happened with bitcoin cash, from $200, to $800, and from $800 to $300 ATM's price

I won't be dumping Bitcoin Gold straight away. I did this with Bitcoin Cash and lost some profit. I sold BCC as soon as it was available for trading on Kraken but it was a wrong decision. I sold it for around 200 USD per one BCC (it was around 0.06 BTC at that time) but as you know the price climbed all the way up to 1000 USD.
I can't be sure that it will be the same with Bitcoin Gold but I do have this feeling. There will be wales who will wait for good price because people will be dumping and then they will start buying and cause the price to grow. Wait for a few days or one week and then sell your Gold.

fork will be anounced in 25 october and may be become in 25 noovembr

it is not clear that they give btc gold as airdrop. maybe they wont send any btcgold.

i think it will be less than bcc. maybe 100 dolalr or sth.

This is sound advice. For bitcoin gold it is not worth dumping altcoins for. It is just a copycat of bitcoin cash and there isn't room for 2 clones, people will just dump the gold version and stick with the cash.

1) There is currently no replay protection with bitcoin gold. It is currently in development per the developer, even though it is not contained on GitHub as of right now.

2) October 25

3) Don't keep your bitcoin on an exchange unless it specifically announces that it will support the airdrop. If you have your Bitcoins on an exchange, the exchange MAY credit you with your Bitcoin Gold at some point in time.

4) People will be rushing to dump their bitcoin gold. Unlike bitcoin cash, which had a large following who really believe(d) in it and wanted to buy more and hold, this is not really the case with bitcoin gold. EVERYONE is looking to dump and i know of no one that wants to buy. That means your bitcoin gold is going to be worth very little and even worth less once the dumping occurs. Smart money won't care about bitcoin gold and will be buying cheap alt coins PRIOR to the fork. So all the people who plan to dump immediately and then buy back their alts.....the show will have already started without them. Any small profit people will have made from "free" bitcoin gold will have been lost in the missed opportunity of the alts that already rose before they had time to "dump and buy".
For those who are just bitcoin hodlers, it will be small profits but still a small amount of free money is something. This also comes at the risk of losing all your bitcoin if there are issues with the code (intentional or not). It's a small risk, but one that might not be worth taking for people with large amounts of bitcoin.

Ok you mean something to go wrong with bitcoin gold or segwit 2x?

About the first question, yes bitcoin gold has replay protection, at least that is what I read, second the fork is happening in October 25, third I do not know it is better that you check since different exchanges are going to have different policies and fourth you can check if in some exchanges they already have future markets and the value they have, that way you can check the price people think the coin is going to have after the fork.

Can you go into more detail on how the BTCgold would become valuable in case of an issue? 

I don't know the answer to many of your questions. but I believe Binance stated they will distribute Bitcoin Gold. I believe the fork is happening around 25th of October.
As for dumping the gold, some believe that it is best to hold until after the hard fork next month, in the case of something going wrong it may become very valuable.

Is bitcoin gold safe with replay and wipeout protection?

What date hard fork is happening?

Which exchanges will give free airdrop of bitcoin gold straight away or late october?

What value you think bitcoin gold will be when it is on the exchanges for the first time and which way is the quickest to dump bitcoin gold?