I don't think that's accurate, they both have the same supply (21 million), and bitcoin gold started with a snapshot of BTC, so I don't see how you would get 10x the amount of BTC you have in bitcoin gold.
Topic: BTC->BTG cashout right after fork possible? (Read 754 times)
I don't think that's accurate, they both have the same supply (21 million), and bitcoin gold started with a snapshot of BTC, so I don't see how you would get 10x the amount of BTC you have in bitcoin gold.
The first for each bitcoin you will get around 10 - 11 bitcoin gold.
What have I just read?
I don't think that's accurate, they both have the same supply (21 million), and bitcoin gold started with a snapshot of BTC, so I don't see how you would get 10x the amount of BTC you have in bitcoin gold.
I have two wallet. One bitcoin gold appeared, but to use them it is impossible, on the other coins have not yet appeared. In a word unacceptable to use them. I don't recommend to do that even after such an opportunity will appear. Bitcoin took a few years to gain the price. Many people regret that did not buy the bitcoin first. Now you have the chance to correct the error. In addition, the chance free.
The first for each bitcoin you will get around 10 - 11 bitcoin gold.
What have I just read?
yes to
Quote
WILL THE BTG STILL STAY ON THE Electrum wallet private key
well I appreciate your answers. but nobody was able to answer my question. I try it again:
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
yes
yes for it will stay on the wallet, or yes it will move?
yes
bitcoin gold is still there or lost
bitcoin gold is still there or lost
well I appreciate your answers. but nobody was able to answer my question. I try it again:
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
yes
well I appreciate your answers. but nobody was able to answer my question. I try it again:
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
...but what if I have 1 BTC in my wallet and want to cashout the BTC to EUR right after the fork, because I think price will drop right after fork.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Are you confusing the segwit 2x fork with the Bitcoin gold scam snapshot? You will never get to sell that gold crap before the devs dump the premine.
you could sell it way before them if you acted fast and also were willing to leave some coins on exchanges. i did sell a good amount of BTG on Yobit last day at the highest price possible a little less than 0.19BTC per coin. and devs have not yet gotten their premine to start thinking about dumping it.
besides, from what i have read BTG premine will have a locked mechanism that prevents the devs from selling the coins right away. it is not set though. much like replay protection and 10 other things
I got BCH from local exchanger because I safe some btc on it.
Since my local exchanger also announce that they will able generate upcoming BTG just like BCH , so I just keep some btc for some BTG.
Unfortunately my local exchanger can't guarantee whenever they provide BTG trading or not until further notice !
Since my local exchanger also announce that they will able generate upcoming BTG just like BCH , so I just keep some btc for some BTG.
Unfortunately my local exchanger can't guarantee whenever they provide BTG trading or not until further notice !
I guess you can sell everything if your account were credited with btg, I put my bitcoins in bittrex so I am hoping they'll credit it now.
What I will do is very simple, I will have to take advantage of the price now, I will sell this free money and buy cheap alts with the proceeds I can get.
What I will do is very simple, I will have to take advantage of the price now, I will sell this free money and buy cheap alts with the proceeds I can get.
Well it is very happy to see that the BTG is start trading on the yobit and the users having it already get some good profits in the first day trading, i hope that this can continue to work more and the price may boost more in near future.
I think BTG is less valuable than ETG!
...but what if I have 1 BTC in my wallet and want to cashout the BTC to EUR right after the fork, because I think price will drop right after fork.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Bitcoin Gold is not a fork of Bitcoin, what the developer did was to take a snapshot of the blockchain and credit the account with equivalent BCG coins, so you are free to sell your BTC after the snapshot has been taking
If you want to get rid of your bitcoin gold, the Yobit exchange has already started trading bitcoin gold before the official fork part at a price of $ 460. True, the exchange made this opportunity for its customers, who at that time were trading bitcoin at the exchange. If you want to sell bitcoin yourself, then I think that after the bitcoin of gold appears in your wallet, you can do it already. At that time they will not be connected to each other.
I think it will be available as soon as the blocks that it was supposed to fork at have passed. Now what I am interested in, what happened to the conspiracy that the fork had already happened. I just don't understand how one can premine a coin that has not forked yet? I hope someone can answer me on this one. This fork is confusing.
People do not exactly answer the toppic question. They ask that after 25/10 we sell bitcoin for money. So in November we will still receive bitcoin gold or keep bitcoin until November
I thought I had read that the BTG coins would not be available until October 30... I'm not sure why.
Hi,
Let's say I have 1 BTC on my Electrum wallet.
On 25th of October, the fork will happen.
So I will get 1BTC and 1 BTG on my Electrum privatekey.
What if I transfer my 1BTC right after the fork to an exchange and cash it out to EUR?
Will the 1 BTG still stay on my Electrum privatekey or will it be transfered / lost?
...or do I need to wait till the first BTG Wallet is released on 1st November?
How will I get BTG the fastest way? ...I really don't want to wait till BTC and BTG drumps and lose money.
Let's say I have 1 BTC on my Electrum wallet.
On 25th of October, the fork will happen.
So I will get 1BTC and 1 BTG on my Electrum privatekey.
What if I transfer my 1BTC right after the fork to an exchange and cash it out to EUR?
Will the 1 BTG still stay on my Electrum privatekey or will it be transfered / lost?
...or do I need to wait till the first BTG Wallet is released on 1st November?
How will I get BTG the fastest way? ...I really don't want to wait till BTC and BTG drumps and lose money.
Electrum wallet does not support BTG if I'm not mistaken. I suggest just hold on your BTC on you Electrum and wait for a suitable wallet that will support BTG. Just be careful about BTG wallet though, there will be tons of scam and phishing incident to take advantage of the free coins. This has happened to BCC before. Let this be a lesson learned. Don't hurry to get your free coins, although it will lost its value if you will have to wait, however, its safe rather than rushing things and losing your BTC to sophisticated phishing and scam claiming to help you claim BTG but instead stole your BTC. Be careful.
Jump to: