It would be good if you invest in Bitcoin before the fork. This means that you will get the free bonus Bitcoin Gold.
If you invest in Bitcoin before the hard fork, I don’t think that you will lose money anyway. The price will most probably rise.
However, it must be noted that you will only receive your Bitcoin Gold if you store your Bitcoin in a wallet which gives you access to all your private keys. If this does not occur then you will probably lose all your Bitcoin. I had the misfortune of storing some of my Bitcoin in Coinbase prior to the last hard fork. I received a message on my email the next day saying that I will only be able to withdraw my Bitcoin Cash in some random date (I forgot the date. I am pretty sure it was next year). But even if I did get my Bitcoincash, it probably would not be worth much.
Topic: What happen If I want to invest bitcoin before the another fok the bitcoingold? (Read 506 times)
November 02, 2017, 11:54:59 PM
October 14, 2017, 05:57:17 AM
Hard fork is splitting of BTC. You may earn btc and bitcoin gold in same amount. But same as the first fork I think it will only be ignored by many. Bitcoin is still the strongest and most popular currency in used. I think it's because it's the first ever made and been used early. And unlike altcoins and other coins, the use of BTC is efficient.
October 10, 2017, 05:12:56 PM
After the fork you will have the bitcoins you bought right now and you would own the same amount of Bitcoin Gold coins as well.
has it been ascertained like that? can you please provide a link from a reliable source? because if it is true it will be like the first fork in august ago, it will really be utilized to get bitcoin gold for free from bitcoin I have at this time.
I can provide you a link with a definition of hardfork, if that is what you wish. You don't need no "reliable" article when talking about cryptocurrency, it is all open source.
By the definition of a hardfork, you will have both coins. It is like the first fork and it will be like the last fork as well, it is like all the forks, it is what forks do. They fork your coins to two blockchains.
October 10, 2017, 01:36:16 AM
Your question has no relevance it looks like you don't even know what bitcoin gold is , it is another splitting of the btc chain it won't have any affect on your btc it is just going to give you equivalent number of bitcoin gold. Bitcoin gold has some features but it's purely technical and mining related you just have to invest before the splitting date to be eligible for the new coin and it should be on a wallet which supports it.
October 10, 2017, 01:27:31 AM
Nothing will happen with bitcoin holding and may price will rise once more . But I am also searching which are all exchanges supportbitcoin gold so that we will get free coins while hardfork . Still am not having exact details only two weeks to go for hardfork.
October 10, 2017, 12:56:41 AM
I suggest investing in bitcoin now while it is still early cause as the last hardfork (Bitcoin cash) it just turned into free money, people started converting it into the original bitcoin. That will also happen in the new fork token (Bitcoin gold) another free coin, airdrop as ive seen in this forum people doesn't like Bitcoin gold and the chances that it will turn into another pump and dump hardfork token is high it might cause bitcoin to reach new all time heights.
October 10, 2017, 12:53:19 AM
What happen If I want to invest bitcoin before October 24 the bitcoin gold fork ?
Thanks for the reply
The fork is just a thing between the miners and the developers team, a normal user must not worry about it. If you invest in bitcoin before the fork you will be having an additional coin in your wallet if your Wallet accepts. The value of the new coin aka Bitcoin Gold will be very less and people will look forward on dumping it as soon as possible. Thanks for the reply
October 09, 2017, 11:55:20 PM
If you have bitcoins in your wallet,then you will be getting the same number of bitcoin gold coins in your wallet as it previously occurred in bitcoin cash.It is expected to occur on 25th october.The coin will be available in exchanges on 1st november.
But,bitcoin cash was supported by bittrex at first.Now,till now,don't know exactly which exchanges would support bitcoin gold.Since majority of miners don't support it as it is to b mined in GPU also,i think its impact on bitcoin price would be very less than bitcoin cash.
But,bitcoin cash was supported by bittrex at first.Now,till now,don't know exactly which exchanges would support bitcoin gold.Since majority of miners don't support it as it is to b mined in GPU also,i think its impact on bitcoin price would be very less than bitcoin cash.
October 09, 2017, 11:37:13 PM
What happen If I want to invest bitcoin before October 24 the bitcoin gold fork ?
nothing will happen! you will only be a proud owner of some small amount of bitcoin. depending on how much you buy you will have a percentage share of the limited supply of bitcoin (21 million ever). the October 25 fork will come and go and will do its airdrop and you are still an owner of bitcoin!
October 09, 2017, 11:32:48 PM
There are two things that will happen when you buy bitcoin and hold it for the fork.
1. You will get equivalent amount of free BTG as much as your BTC investment.
2. After the fork increase/decrease in price will increase/decrease your capital investment.
You should have bought BTC a few days ago when the price was a bit low. The price of Bitcoin has started to increase rapidly and will rise further more. Although you can buy it now since the price will increase more but you could have bought it for lower price earlier.
1. You will get equivalent amount of free BTG as much as your BTC investment.
2. After the fork increase/decrease in price will increase/decrease your capital investment.
You should have bought BTC a few days ago when the price was a bit low. The price of Bitcoin has started to increase rapidly and will rise further more. Although you can buy it now since the price will increase more but you could have bought it for lower price earlier.
October 09, 2017, 11:27:45 PM
When you invest in Bitcoin before the upcoming fork, you will have the same number of coin on the both chain. You will be lucky if they have value. So this mean that you gain extra earning by getting the same amount of coin on the minor chain while retaining same amount of coin on the main chain.
October 09, 2017, 11:22:43 PM
To get a free digital coin Bitcoin Gold, which will be divided on October 25 from the original bitcoin, it's enough to have bitcoin in your desktop purse on the day of the division. The new coin will appear regardless of the time of purchase of bitcoin.
October 09, 2017, 11:08:31 PM
What happen If I want to invest bitcoin before October 24 the bitcoin gold fork ?
Thanks for the reply
you will receive bitcoin gold for free same as bitcoin cash. But if you bought after fork you can't claim bitcoin gold. Also bitcoin price can pump for few days then again price will be dump. Thanks for the reply
October 09, 2017, 11:00:45 PM
there is no what if!
if you invest in bitcoin then you have invested in bitcoin. and you get all the benefits of having bitcoin.
the airdrops like BitcoinGold happen all the time. if you want to claim them then you got a long list of them ahead of you. each have different block height for their payments.
in other words never invest in bitcoin to get these airdrops, invest in bitcoin when you understand its potential.
if you invest in bitcoin then you have invested in bitcoin. and you get all the benefits of having bitcoin.
the airdrops like BitcoinGold happen all the time. if you want to claim them then you got a long list of them ahead of you. each have different block height for their payments.
in other words never invest in bitcoin to get these airdrops, invest in bitcoin when you understand its potential.
October 09, 2017, 10:53:32 PM
After the fork you will have the bitcoins you bought right now and you would own the same amount of Bitcoin Gold coins as well.
has it been ascertained like that? can you please provide a link from a reliable source? because if it is true it will be like the first fork in august ago, it will really be utilized to get bitcoin gold for free from bitcoin I have at this time.
October 09, 2017, 10:49:43 PM
Nothing happens to your Bitcoin. A fork is just an upgrade of sorts. You just have to concern yourself with Bitcoin. Fork is equal to upgrade. Upgrade is equal to fork. Much like upgrades for Microsoft OS, Linux OS, and Mac OS. Should you concern yourself with upgrades. No. Should you concern yourself with Bitcoin Gold or Bitcoin Cash. No. Will it affect your investment with Bitcoin. No.
October 09, 2017, 10:47:17 PM
The date of the Bitcoin Gold hard fork is on October 25th. If you are holding BTC on this date then you will receive Bitcoin Gold on August 1st.
If you purchase Bitcoin after October 25th, you will miss out on the Bitcoin Gold fork and the free dividend.
Details:
Forks: October 25th, 2017
Live to Exchanges: August 1st, 2017
If you purchase Bitcoin after October 25th, you will miss out on the Bitcoin Gold fork and the free dividend.
Details:
Forks: October 25th, 2017
Live to Exchanges: August 1st, 2017
October 09, 2017, 10:33:27 PM
What happen If I want to invest bitcoin before October 24 the bitcoin gold fork ?
Thanks for the reply
if you buy bitcoin now, and hold it untilthe fork id done, then you will get 2 coins. bitcoin and bitcoin goldThanks for the reply
so in my opinion you should not miss the opportunity to invest in bitcoin now
October 09, 2017, 10:18:58 PM
We can not predict things that can happen after every fork. If forks would be the same as with the first one then your bitcoins will stay the same and I think prices will hike once more. Better invest when prices are low.
October 09, 2017, 02:53:51 PM
And they say there's not such thing as a free lunch!
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