Is Bitcoin gold constant price decrease means it's completely dying?

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: Questat on August 14, 2019, 06:20:13 PM

This is put some ends those coins that are trying to replicate Bitcoin. Though it won't be simply as that since developers will trying save their ass and putting back the trust of their investors. Anyway, I don't mind if this coins will becoming dead since I've never put money on this.
Lets find out how it makes a change before the end this year..

They are just imitating bitcoin in the first place. And what is their use case again? I have never encountered any application of it in the market so more than likely, they are only after for the trading of this another copycat of bitcoin. No surprise if the developers will abandon this project because they already ripped money from their crap project.

Questat

hero member

Activity: 2982

Merit: 610

This is put some ends those coins that are trying to replicate Bitcoin. Though it won't be simply as that since developers will trying save their ass and putting back the trust of their investors. Anyway, I don't mind if this coins will becoming dead since I've never put money on this.
Lets find out how it makes a change before the end this year..

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Aveatrex on August 13, 2019, 05:01:24 PM

Since Bitcoin Gold fork, it's price decreased fast and the 51% attack that occured just finished it.

The price is struggling to go higher than 20 bucks, though when doing some research there is still active development like Lightning Network implementation, wallet etc...

I wonder if the price pretty much just destroyed the project and that at this point it's useless to continue developing it any further...

What do you think?

I do not see bitcoin gold dying but it has a huge problem of credibility, for what I read in the forum and in other websites very few like any of the coins that are usurping the name of bitcoin, at least the rest of the altcoins have the decency to rename their projects, however you must understand that right now the conditions of the market are terrible for all altcoins so if you are really interested in bitcoin gold you can keep holding your coins and wait for an altcoin season, just be warned that it could be a long wait.

xenomorphe1

full member

Activity: 798

Merit: 103

I don't think Bitcoin Gold has a good future. It is a fork like Bitcoin Private. There is a little more support for Bitcoin Gold than Bitcoin Private, but there is a risk that it finished like Bitcoin Private. I won't try to buy it. The constant decrease is because of the pump of Bitcoin by altcoins holders. And it has happened for all altcoins, Ethereum too. But i think a correction of the dominance of Bitcoin is currently in action. The pump of Bitcoin looks like a pump and dump scheme for me.

janggernaut

legendary

Activity: 2366

Merit: 1130

Quote from: Aveatrex on August 13, 2019, 05:01:24 PM

What do you think?

I never believe and trust with any of coin which has bitcoin or similar name. Bitcoin is only 1 and it can't be copy pasted by any coin, for me, any of those coin (bitcoin cash, ABC & SV, Bitcoin gold, bitcoin diamond) were only free money/reward from fork because you still hold the real bitcoin. i never want to invest my money in any of those coin

Aveatrex

sr. member

Activity: 840

Merit: 375

Since Bitcoin Gold fork, it's price decreased fast and the 51% attack that occured just finished it.

The price is struggling to go higher than 20 bucks, though when doing some research there is still active development like Lightning Network implementation, wallet etc...

I wonder if the price pretty much just destroyed the project and that at this point it's useless to continue developing it any further...

What do you think?

Topic: Is Bitcoin gold constant price decrease means it's completely dying? (Read 169 times)