Topic: Reasons behind failed Bitcoin Gold take off ? - page 2. (Read 487 times)
It's not yet even lasted for months but Bitcoin Gold already garnered negative feedbacks from the Bitcoin Community, only a fool will buy BTG when you know that they premined coins and they have this "hidden" developer , BTG is just for pump and dump scheme , the developers just want to earn. With the given reasons BTG will not gain the community's trust. Only a fool will do.
Though after the fork , BTC Gold kept a steady line in price , and recently touched nearly $600 per coin, but it could not maintain that enough thrust to keep price stable .. finally headed to south ..
whenever there is a coin like this which does a "free giveaway" to a lot of people there is always a lot of dumps. people sell what they get for free. even if some small number of then sell, the price comes down.
this happened in 2 steps for BTG. first was when the snapshot was taken and it was by exchanges. and second was recently when the mining started. and price dropped both times.
this doesn't mean it "failed". it just means you are not familiar with this market.
what's objective or BTC Gold when already we have BCH and BTC ( BCH got recent pump though ) ?
they claim it is to "decentralize mining" but the reality is that they wanted to make money that is why they premined the coin!
Though after the fork , BTC Gold kept a steady line in price , and recently touched nearly $600 per coin, but it could not maintain that enough thrust to keep price stable .. finally headed to south .. was it simple a pump and novice investors lost money in this spike , or what's objective or BTC Gold when already we have BCH and BTC ( BCH got recent pump though ) ? will such more forked coins come and sustain themselves in this crypto world ? eventually is fork's objective is to give birth to a new coin ? or its part of politics to keep price high and product premium ? 
thoughts pls ..
Before stating if Bitcoin Gold is a success or a failure, we need to wait for the first reliable data about the computing power on the network. The bigger, the better. thoughts pls ..
Anyone here mining this coin perhaps?
Though after the fork , BTC Gold kept a steady line in price , and recently touched nearly $600 per coin, but it could not maintain that enough thrust to keep price stable .. finally headed to south .. was it simple a pump and novice investors lost money in this spike , or what's objective or BTC Gold when already we have BCH and BTC ( BCH got recent pump though ) ? will such more forked coins come and sustain themselves in this crypto world ? eventually is fork's objective is to give birth to a new coin ? or its part of politics to keep price high and product premium ?
thoughts pls ..
thoughts pls ..
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