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Topic: IF I BUY bitcoin now - page 2. (Read 576 times)

hero member
Activity: 1568
Merit: 511
October 10, 2017, 03:34:50 AM
#9
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 works the same as BCC where you hold BTC and you will get BTG

No, there's is 100% that you won't double your money, because BTG =/ BTC, both have different algo consensus, different development team, different level of recognizance.

It might even worth nothing as it is a fork of btc
sr. member
Activity: 322
Merit: 250
October 10, 2017, 03:28:20 AM
#8
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 right now you could received a bitcoin gold and I think the distribution of that is 1:1 but don't expect that the price of bitcoin gold will be the same with the bitcoin's itself and the bitcoin cash since I think the bitcoin gold will get a lesser price since it is another chain of the bitcoins and might the other first comer will affect the price of it.
member
Activity: 69
Merit: 10
October 10, 2017, 03:18:17 AM
#7
Do we know the date of the fork ?
full member
Activity: 224
Merit: 100
October 10, 2017, 03:09:13 AM
#6
If you buy 1 bitcoin, you will have 1 bitcoin gold after the fork (25th October), but it won't cost as much as bitcoin. More like bitcoin cash, so you will have around 300$. But I suggest you buy some altcoins, they are very cheap now and after the fork, people will move from bitcoin to alts once again and all alts will moon.

Thanks.  Yes I also  believe this, but  it's  hard to find which  coin will moon after fork
Have you any idea?
sr. member
Activity: 364
Merit: 255
October 10, 2017, 02:47:47 AM
#5
If you buy 1 bitcoin, you will have 1 bitcoin gold after the fork (25th October), but it won't cost as much as bitcoin. More like bitcoin cash, so you will have around 300$. But I suggest you buy some altcoins, they are very cheap now and after the fork, people will move from bitcoin to alts once again and all alts will moon.
full member
Activity: 224
Merit: 100
October 10, 2017, 02:46:52 AM
#4

Ah ok... so not  the same as Bitcoin cash  here.  Are  you sure  of this?  Maybe  Btc gold  300$  as Bitcoin cash?
full member
Activity: 210
Merit: 101
October 10, 2017, 02:39:33 AM
#3
Sorry  guys, If I will 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?



General consensus is that Bitcoin gold will be about 1/10th of the value, therefore with your $300 of bitcoin you will get $30 of Bitcoin Gold. My personal opinion is, that it'll be more like 7-8% total value. There is also a chance that Bitcoin Gold will be worthless.

As previously mentioned, go find a altcoin that has dropped 20+% and buy that instead and you should see far better gains.
newbie
Activity: 55
Merit: 0
October 10, 2017, 02:30:03 AM
#2
No you are not gonna double your money. Go buy altcoins now and your money will double after the fork
full member
Activity: 224
Merit: 100
October 10, 2017, 02:26:39 AM
#1
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?


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