Topic: BTC compared to BTG. - page 2. (Read 1281 times)
Daily trading volume of BTG in recent times is really very low and no one pay much attention to BTG. I think we should continue to invest in Bitcoin as it will be more stable than other markets and certainly no altcoin can replace Bitcoin.
Bitcoin is the main cryptocurrency and Bitcoin Gold is a hardfork or split in the blockchain network of bitcoin, both bitcoins and bitcoin gold has total supply of 21 million all the versions of Bitcoin uses the Proof of work algorithm except Bitcoingold uses Equihash, bitcoin uses ASIC mining hardware and Bticoin Gold uses GPU mining hardware. Both Bitcoin classic and bitcoin Gold has the same block size, bitcoin gold plans to make mining decentralized which is one of the problems faced by the original version of bitcoin or BTC as mining is centralized in the classic bitcoin (BTC).
I like the way you present the difference between Bitcoin and Bitcoin Gold. This is a very objective manner of looking at the two coins. I hope responses will be like this. Oftentimes, I can only hear subjective interpretations about the fork that just happened very recently. When asked with the difference between the two coins, and the future of Bitcoin Gold, the answer is mostly that Bitcoin Gold is nothing but garbage. It may be so but it would be nicer to hear a little more detailed and realistic answer.
you can not send your bitcoin gold to another person, you can not do anything with your bitcoin goldies because they are totally useless, just try to tell me something that you can do with them..
bitcoin gold is a weak coin, it has only been dropping, just look at bitcoin cash, it dropped too, but it dropped in just a matter of weeks/months, bitcoin gold dropped more than 80% of its first value in just three days.
It is useless as fuck.
bitcoin gold is a weak coin, it has only been dropping, just look at bitcoin cash, it dropped too, but it dropped in just a matter of weeks/months, bitcoin gold dropped more than 80% of its first value in just three days.
It is useless as fuck.
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Get rid of bitcoin gold as fast as you can, at least bitcoin cash offered replay protection and seemed a more serious project, bitcoin gold is looking more like the project of amateurs, so do not take seriously such a bad project, forget about it and do not look back, so do not make the mistake of thinking of bitcoin gold the same way you think about bitcoin. Should I hold this like what I did in BTC?
Bitcoin is still the best coin to mine , it had a really big pre mined coins but it hasn't affected the price till now in any way unlike btg the price has already fallen , many exchanges like bittrex still hasn't supported because of various errors from the newbie developers , it's still ranked 900 all this was basically a waste
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
I think it's way better to sell it, but you can hold it if you want. There are a few things I don't like about this coin. They claim they want to make mining decentralized again, and that they want a fair distribution of the coin. To do that they will make it an ASIC resistant coin, so you can mine it with a GPU. I'm ok with that, although there are already several options like in the market. Bitcore is one example of that, and it offers way more things than the bgold thing.
As for the fair distribution, they even did it worst I guess. First they got some pre-mined coins (that they can just sell for profit if they want), and second wouldn't it be better to distribute the coins with an airdop? If they are mirroring the actual distribution of BTC how are they making it any fairer?
I wouldadvise you to sell it and buy more BTC with it, but if you really want to invest in the GPU mining thing, then I suggest you sell bgold and buy BTX, it's cheaper, and it's far more advanced than bgold in my opinion.
But how can I sell it if I can't access it? I got my coins in a Bitcoin Core wallet.dat file, im looking at the https://bitcoingold.org/ website and under the "Wallets" section, all I see is:
-Coinomi
-Guarda
-Freewallet
So what the hell im looking at? It's confusing. Why isn't there a "Bitcoin Core Gold" software so I can safely access the coins? I must be missing something here...
BTG is Fake fork of bitcoin without any support . theymos describe it
Source https://bitcointalksearch.org/topic/on-bitcoin-gold-and-similar-2317453
Anyone can create a Bitcoin-derived altcoin like "Bitcoin Gold" (BTG) at any time with no cost. BTG is a scammy cash-grab with no ideology and no economic support, not something serious like Bcash was. That's not to say that it's impossible to make money by trading it, just like with other scamcoins, but I'm not going to get into the habit of writing announcements and guidance for every Bitcoin-derived scamcoin. If you want to do a dangerous replay-unprotected coin-split maneuver in order to claim tiny fractions of your BTC in airdrop value, that's on you.
I will write a guide later for B2X (split time in mid-November), which is more serious. After that, the bar is going to be awfully high to get me to announce similar things.
I will write a guide later for B2X (split time in mid-November), which is more serious. After that, the bar is going to be awfully high to get me to announce similar things.
Source https://bitcointalksearch.org/topic/on-bitcoin-gold-and-similar-2317453
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
I think it's way better to sell it, but you can hold it if you want. There are a few things I don't like about this coin. They claim they want to make mining decentralized again, and that they want a fair distribution of the coin. To do that they will make it an ASIC resistant coin, so you can mine it with a GPU. I'm ok with that, although there are already several options like in the market. Bitcore is one example of that, and it offers way more things than the bgold thing.
As for the fair distribution, they even did it worst I guess. First they got some pre-mined coins (that they can just sell for profit if they want), and second wouldn't it be better to distribute the coins with an airdop? If they are mirroring the actual distribution of BTC how are they making it any fairer?
I wouldadvise you to sell it and buy more BTC with it, but if you really want to invest in the GPU mining thing, then I suggest you sell bgold and buy BTX, it's cheaper, and it's far more advanced than bgold in my opinion.
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
Never believe in Hard Fork!
Generally coins enter into market through ICO or Token Sale. So the value of coin is backed with the investments made by investors during ICOs.
But in case of HardForks or Airdrops, people get free coins. Now buying/selling free coins can be too risky as value is completely hollow. This hollowness make prices too volatile. So never invest your valuable money at least in fork or airdrop coins.
All men are by nature conservatives. It is difficult to imagine that they immediately accepted the new coins. But that does not mean that gold bitcoin has no future. Maybe now the price of this coin will be reduced to a minimum and all users will abandon them. When whales want to make money on this coin they are all bought up and artificially raise the price. Then the story of the rise of bitcoin may be repeated.
does anyone know when a btg wallet will be released?
kind of hard to dump it when they don't have a wallet. you'd think they'd release one
kind of hard to dump it when they don't have a wallet. you'd think they'd release one
Bitcoin gold felt just like a big opportunity to make quick money for bitcoin holders, the only difference i see is the change from the mining perspective, trying to decentralize the model already established in which only the big mining companies have the opportunity to get the rewards.
Seeing it drop from its release 3 days ago from $500 to $100 just goes to show how little support it has.
Seeing it drop from its release 3 days ago from $500 to $100 just goes to show how little support it has.
Hey 
Quite obviously bitcoin is something that no one can compete with , thus if you are thinking of investing in the future you can just opt for bitcoins without second opinion, also everyone got free bitcoin gold thus you might have that in your wallet too.
I will suggest you to keep it in the wallet because who knows what its value will be , and even if its value falls down then you can just thinki that you never got your bitcoin gold, but if its value increases then you won't repent.
Bitcoin gold was just launched and not much is Knowm about it right now but its mainly produced so that the Bitcoin ecosystem can become decentralized again , with the aid of segwit2x it aims at doing just this.
It was also stated to be a friendly fork by its developers.
But obviously it evolved around bitcoins thus they will always have the high end in any situation.
Quite obviously bitcoin is something that no one can compete with , thus if you are thinking of investing in the future you can just opt for bitcoins without second opinion, also everyone got free bitcoin gold thus you might have that in your wallet too.
I will suggest you to keep it in the wallet because who knows what its value will be , and even if its value falls down then you can just thinki that you never got your bitcoin gold, but if its value increases then you won't repent.
Bitcoin gold was just launched and not much is Knowm about it right now but its mainly produced so that the Bitcoin ecosystem can become decentralized again , with the aid of segwit2x it aims at doing just this.
It was also stated to be a friendly fork by its developers.
But obviously it evolved around bitcoins thus they will always have the high end in any situation.
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
Better to just stick to the original. Btg has been on a hard slide ever since it's debut and i don't think there will be a large following for this coin. It would be up to you if you're going to gamble with it but for me, i'd stay with what's already proven
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
of course you should. but not like what you did in BTC, BTG is a free coin, meaning if you have you a bunch of bitcoin on your wallet, you should get bunch of BTG too. and thats for free, but after you got that free coin, you can back onto your original coin which is bitcoin, im not suggesting to dump your new coin (BTG). its up to you if you will hold it for long. but remember , BTG is not like a bitcoin.
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
its up to you if you want to buy and hold that new coins called BTG, but for me i will stick to one coin which is the real one "bitcoin". for me i dont want to buy/bought any other coin asides our bitcoin and hold for long term, besides i will catch-up the free money that bitcoingold has after the fork. then back again on our precious coin which is bitcoin. and it think theres a lot more forks to come and many new coins will exist rather than this recent coin BCH and the upcoming new coin BTG.
Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?
Should I hold this like what I did in BTC?
Bitcoin is far far better than bitcoin gold, even bitcoin cash is more better than bitcoin gold. Even Theymos also says Bitcoin Gold is a scammy cash-grab https://bitcointalksearch.org/topic/on-bitcoin-gold-and-similar-2317453. Don't hold bitcoin gold, it will become trash soon.
as for me, bitcoin gold is just another free money given to those who participate at fork, for now, but as what i have read from some articles that it is mineable this november, so i guess those who had BTG right now are those given free and its expected that it will be dumped.
it will never be like BTC, almost every one now are handling or keeping and saving many bitcoin those who have a big stakes in the btc will be the richest person in the crypto world now, btg is not that good for me, it is just like another coin fork like bcc.
I think you should hold BTG also because BTG is now new in market and with in its release it become popular among all. BTG is available at low prices right now but it is well known that in coming years it value may be increase 10 -100 times.
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