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Topic: What is BTG (Bitcoin Gold) - page 2. (Read 1254 times)

legendary
Activity: 2464
Merit: 1387
October 24, 2017, 08:36:49 AM
#19
yes bittrex will be crediting each account which had BTC
with the new BTG but I dont know the time frame for this.

BTG is actually a "snapshot" of the bitcoin blockchain and
took effect when block 491407 was mined. The thing I like
about it is that it is trying to make it easier to mine for almost
anyone rather than the elite few who virtually control the
mining of Bitcoin.
full member
Activity: 1064
Merit: 102
October 24, 2017, 08:15:32 AM
#18
Please who knows if bittrex will also give BTG for BTC for the amount of BTC in BIttex account
newbie
Activity: 50
Merit: 0
October 24, 2017, 08:07:18 AM
#17
Just another fork of Bitcoin trying to piggy back on it's popularity while not really bringing any benefits of it's own.
full member
Activity: 683
Merit: 100
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October 24, 2017, 07:51:35 AM
#16
btc gold is a new scam altcoin project. I think 1m premine=scam. ıt use bitcoin name and popularity
Scam?
full member
Activity: 294
Merit: 101
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
October 24, 2017, 02:27:58 AM
#15
Bitcoin Gold is a clone of the main Bitcoin blockchain that will result in a 1:1 split of your Bitcoin funds, so if you have 1 Bitcoin you will receive 1 Bitcoin Gold in the same. The goal of Bitcoin Gold is to make it possible for anyone with GPU graphics cards to mine Bitcoin Gold just using their home computer, which they believe will make mining more democratic.As long as you hold the private key for your BTC, you will be able to claim your Bitcoin Gold by exporting the private key and importing it into one of the supported Bitcoin Gold wallets listed on the official Bitcoin Gold Website.
hero member
Activity: 1540
Merit: 500
October 24, 2017, 02:27:24 AM
#14
In short, bitcoin gold aims to achieve two goals:

First, bitcoin gold wants to change how mining works by making it so the most powerful mining machines (called ASICs) can no longer be used. Second, by attracting more people to this system over time, it hopes to free the bitcoin network from the large companies that offer these products, and it argues, command undue influence on the network.

The bitcoin gold cryptocurrency is set to be created in advance (prior to the code being open-sourced to the public). About 1 percent of the total cryptocurrency tokens mined before the blockchain goes public will be used to pay the bitcoin gold development team. Once this distribution is over, the team claims it will launch the cryptocurrency so that users can redeem their coins.

All in all, it's unclear if business and mining groups will ultimately support the project, and if they do, how much value the alternative blockchain could create.
legendary
Activity: 2338
Merit: 1070
October 24, 2017, 02:24:56 AM
#13
btc gold is a new scam altcoin project. I think 1m premine=scam. ıt use bitcoin name and popularity
full member
Activity: 434
Merit: 101
October 24, 2017, 02:23:06 AM
#12
Bitcoin Gold is a new cryptocurrency after a hard fork is initiated form its original digital coin (Bitcoin). I am expecting a drop of bitcoin's market value after the hard fork and i guess it's the right time to invest on it too. I have also joined on an airdrop of BTG recently and hopefully i can received a token from that airdrop. Hopefully this BTG will be a good coin.
member
Activity: 124
Merit: 10
October 24, 2017, 02:17:32 AM
#11
Help, What is BTG? what should I do with my Bitcoin?

Bitcoin Gold is another fork of bitcoin. Some says it is another coin that replaces the Bitcoin Cash. But based on my undesrtanding, it is the reward you can get if you hold BTC or Bitfoin Cash. Whatever it is, it is new invention of coins that is trying to be popular now.
full member
Activity: 423
Merit: 118
October 24, 2017, 02:12:07 AM
#10
Bitcoin gold is new cryptocurrency from bitcoin hardfork. This coin has different script with bitcoin and this coin can be mining with cheap GPU.
hero member
Activity: 644
Merit: 523
Passionate about Crypto
October 24, 2017, 01:44:49 AM
#9
Its just another coin that will be traded for no real reason in my opinion. Its for speculation nothing more.
sr. member
Activity: 519
Merit: 250
October 24, 2017, 01:36:01 AM
#8
Bitcoin Gold is another Bitcoin's Hard Fork - a rival for Altcoins. It is packed tons of features that isn't present in Bitcoin so this promising new currency will be able to mine with lower specs of hardware, it is due Bitcoin's mining is currently big mining companies will be always been rewarded and also with other features that could be accessible by everyone and I think this how blockchain community should be.
sr. member
Activity: 518
Merit: 250
October 24, 2017, 12:29:03 AM
#7
Help, What is BTG? what should I do with my Bitcoin?
No problem with your BTC! BTG is a new coin (split from BTC) at the time of splitting, if you have BTC, you also have the corresponding BTG. You should transfer the BTC to another wallet before you use the Private key to transfer BTG coin (this is only a safe option)
sr. member
Activity: 560
Merit: 250
October 24, 2017, 12:22:29 AM
#6
Help, What is BTG? what should I do with my Bitcoin?

you just have to hold bitcoin for a while. because in some market exchanges can not exchange with bitcoin. chances are you will get a btg with the ratio of bitcoin you have.
full member
Activity: 238
Merit: 100
October 23, 2017, 12:06:47 PM
#5
a premined altcoins which has nothing to do with bitcoin
full member
Activity: 126
Merit: 100
Back from Vacation!
October 23, 2017, 11:12:40 AM
#4
It is an ALT coin, a fork of the bitcoin chain happening sometime tonight. If you have your bitcoin private keys you will be able to claim BTG on a 1:1 basis after the fact.
Should I expect the bitcoin to go down? Thanks!

Definitely not much. Bitcoin Gold's community support is very poor, and it's trading volume and market cap are going to be extremely low, atleast for the time being. Thus, this should not affect BTC's value much, maybe it will go down a few 100$-250$ or so, but this is supposed to be very short term. Bitcoin Gold will only emerge as a pump-and-dump altcoin.
full member
Activity: 683
Merit: 100
VOTE TO EARN - Here's your chance to VOTE, IMPACT
October 23, 2017, 10:51:50 AM
#3
It is an ALT coin, a fork of the bitcoin chain happening sometime tonight. If you have your bitcoin private keys you will be able to claim BTG on a 1:1 basis after the fact.
Should I expect the bitcoin to go down? Thanks!
newbie
Activity: 33
Merit: 0
October 23, 2017, 10:50:07 AM
#2
It is an ALT coin, a fork of the bitcoin chain happening sometime tonight. If you have your bitcoin private keys you will be able to claim BTG on a 1:1 basis after the fact.
full member
Activity: 683
Merit: 100
VOTE TO EARN - Here's your chance to VOTE, IMPACT
October 23, 2017, 10:42:05 AM
#1
Help, What is BTG? what should I do with my Bitcoin?
I invested my BTG and bought PAX tokens check it out:
www.payperex.com/postsale
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