IF I BUY bitcoin now | Bitcointalksearch.org

torry28

legendary

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Quote from: siddhant2523 on October 10, 2017, 10:25:45 AM

Hey
If we hold btc,then we can get btg??

Make sure you hold your bitcoin in your wallet (not in exchange sites) which you can control your wallet private key.
Read here how to claim bitcoingold when the hardfork finished https://www.claimbtcgpu.org/howclaim.php

Fatunad

sr. member

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Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

Sorry guys, If I buy bitcoin now, will happen the same thing as bitcoin cash?

After the fork will I have both Bitcoin gold and bitcoin?

Example: I want to buy 300$ of bitcoin now. After the fork will I have the some ammount of bitcoins + bitcoin gold (a new currency)?

So double money?

No you wont when it comes to value. You might get the 1:1 ratio on the coins but they differ on value just like what we saw on Bitcoin Cash and also talking about double money and double coin is lot different thats is why it is somehow confusing for other to use such word but for now the best thing to do is accumulate more bitcoin as much as we can until the fork.

siddhant2523

newbie

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Hey
If we hold btc,then we can get btg??

Shadow Trader

member

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Bitcoin gold will not have price like BCH, so I decided to choose another altcoin to invest. After Oct 25, maybe i will x2 my balance. xD
I will choose Waves.

snedyolo

full member

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If you buy bitcoin now, then you are investing for your future. With hard work and effort, you can definitely succeed in the bitcoin industry. So, it's better to invest early than late.

Tyrantt

hero member

Activity: 1022

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Need some spare btc for a new PC

Quote

I heard yes. You would have 1 BTCG for 1 BTC you hold until Oct 25. Your money won't be doubled so easy once you bought bitcoin and hold it. BTCG will be never can reach bitcoin price, so you will only get double amount, not double money.

But it's not like it's going to be worth nothing, even with the 1:1 ratio for btc, with the price of 50-100$ it can still bring in some money for the nice ICO or some alt-coin investment. It's not just to be completely ignored.

bhantom

sr. member

Activity: 673

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I would suggest you do not be interesting bitcoin.

Better way will be buy some altcoin on good position in rank, e.g. waves.

Make research about that and choise what is the best option for the coming fork

bakgwei

full member

Activity: 327

Merit: 100

also, there are plenty of other threads on here that discuss this topic in quite some details. My personal take-away from the last fork is that the BTC price was very volatile before the ICO, which made "normal" trading quite unpredicatble...

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: ngm- on October 10, 2017, 03:18:17 AM

Do we know the date of the fork ?

On Oct 25, 2017.

Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

Sorry guys, If I buy bitcoin now, will happen the same thing as bitcoin cash?

After the fork will I have both Bitcoin gold and bitcoin?

Example: I want to buy 300$ of bitcoin now. After the fork will I have the some ammount of bitcoins + bitcoin gold (a new currency)?

So double money?

I heard yes. You would have 1 BTCG for 1 BTC you hold until Oct 25. Your money won't be doubled so easy once you bought bitcoin and hold it. BTCG will be never can reach bitcoin price, so you will only get double amount, not double money.

Red-Apple

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Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

So double money?

don't confuse "double coin" with "double money". you are doing the first not the second.

for example if you buy $1000 worth of bitcoin, after any fork you will have:
- $1000 worth of bitcoin (which will most probably be worth more, $1100 for example).
- and $50 worth of the forked altcoin.

(note that above numbers are based on the recent fork of bitcoin called bitcoin cash and its price)

jilani

full member

Activity: 244

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I have no idea about double after fork but i something heard by many peoples. Surely i don't know how true this news. BTC is big pumping so i think you can wait for dump than you buy BTC it's better for you.

Creative_Juices

newbie

Activity: 32

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I predict BitcoinGold will be worth fuck all, It's so shady the way it's all be handled and done. So suprised people are selling alts to try and get some, especially considering the rumours the snapshot occurred a week and a bit ago and since then the devs are premining themselves 16000 blocks. Very shady stuff

Mazt rhiezt

sr. member

Activity: 462

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Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

Sorry guys, If I buy bitcoin now, will happen the same thing as bitcoin cash?

After the fork will I have both Bitcoin gold and bitcoin?

Example: I want to buy 300$ of bitcoin now. After the fork will I have the some ammount of bitcoins + bitcoin gold (a new currency)?

So double money?

for some time it may be true you will get double gain in different forks.
but for long term BTG still has a low value, maybe you should as soon as possible sell BTG after you receive it before the price continues to decline and you only receive a small profit.

maydna

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

Sorry guys, If I buy bitcoin now, will happen the same thing as bitcoin cash?

After the fork will I have both Bitcoin gold and bitcoin?

Example: I want to buy 300$ of bitcoin now. After the fork will I have the some ammount of bitcoins + bitcoin gold (a new currency)?

So double money?

if you buy bitcoin now and if there are any fork is happen, then you might be get another coins for example you have 0.1 btc, after the fork you can get 0.1 btg for free (i think like this based on bcc). and yes i think if you sell your btg, you are make double money but its depend on how much the price of btg. if its equal like bcc, then you can make profit from free coins.

this is only work if you don't spend your btc in the exchanges or in other wallet because when bcc come out, whoever which have btc is also getting bcc with the same amount of the btc we have.

Lucacrebbe

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Quote from: okissabam on October 10, 2017, 03:52:30 AM

I don't think that's a wise decision especially now that Bitcoin is pumping, although yes you will receive a free coin but it does not necessarily mean your money will double because you are not sure yet if the value of the altcoin from the split would be the same price with Bitcoin but mostly it would be very much lesser than Bitcoins price for sure.

bitcoin is pumping now, you suggest to buy after the fork?

After the fork it could drop?

chocolah29

full member

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Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

Sorry guys, If I buy bitcoin now, will happen the same thing as bitcoin cash?

After the fork will I have both Bitcoin gold and bitcoin?

Example: I want to buy 300$ of bitcoin now. After the fork will I have the some ammount of bitcoins + bitcoin gold (a new currency)?

So double money?

Yeah it can. If you buy bitcoin now then you can have the equivalent of it in bitcoin gold. Bitcoin gold is another airdrop again when the hard fork happens. But as of now we can't tell what will be the value of bitcoin gold, but I think it's not the issue as bitcoin gold will be a free coin for all of us.

okissabam

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I don't think that's a wise decision especially now that Bitcoin is pumping, although yes you will receive a free coin but it does not necessarily mean your money will double because you are not sure yet if the value of the altcoin from the split would be the same price with Bitcoin but mostly it would be very much lesser than Bitcoins price for sure.

Pierre 2

legendary

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Yes if you buy bitcoin now you are going to have same amount of bitcoin gold. But I don't think bitcoin gold is more important than cash, so price will be lower.

unusualfacts30

hero member

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Quote from: Lucacrebbe on October 10, 2017, 02:26:39 AM

Sorry guys, If I buy bitcoin now, will happen the same thing as bitcoin cash?

After the fork will I have both Bitcoin gold and bitcoin?

Example: I want to buy 300$ of bitcoin now. After the fork will I have the some ammount of bitcoins + bitcoin gold (a new currency)?

So double money?

Yes, users with bitcoin balances at the time of the fork will have access to bitcoin on both blockchains. same as BCC except it'll be easier this time since most exchanges have already been through it in the past.

As far as price goes, nobody knows.

Mariya03

member

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It is up to you if you prefer to buy bitcoin now. But I think it is good to hold BTC because in holding BTC you can have BTG as aw reward I guess. Grin

Topic: IF I BUY bitcoin now (Read 576 times)