Topic: What You Need To Know To Get FREE Bitcoin Gold During The Fork. - page 2. (Read 16067 times)

I am sorry to inform you that what you call HardWallet in your post are in fact hot wallets (should not trust them with more then small amounts that you need to move around).
If you want to have HardWallet (Cold Wallet) you will need to get one hardware wallet, or paper wallet, as the security of the others is less secure.
Even on Jaxx site they say to use it as hot wallet.

But then again more security comes with more cost and troubles operating with coins...
And yes as long as you got the private keys you will be able to obtain clone coins
Just bare in mind the risk there is...

Pretty much everything about hard fork and bitcoin gold.
Thanks for that huge info

Did fork happened lately or not? Why they dispersive the false information about bitcoin? Bitcoincash is the clone of bitcoin ao how fork do we have in a year? Why do they need to make a new one? There's a lot of alternate coins so why they need to create a new one? Bitcoin will still be a number one and no could beat up.

blog.coinbase.com/update-on-the-bitcoin-segwit2x-hard-fork-69426f14bc85

I took this info that coinbase is going to automate the btc fork. Am I correct? or do I need to move my btc asap?

These will help us and give an idea of how we can get free BTG (Bitcoins Gold) During hardfork. You need to put a balance in your HardWallet like Blockchain, Xapo, Coinomi Wallet Apps, Jaxx.io apps and other wallets that hold your private keys and support Hardfork to receive free BTG. Or to Exchanger like Bittrex, Hitbtc, Yobit as well as wallets it needs support for Bitcoins Gold / Hardfork. The amount you can get BTG is equivalent to your BTC placed on such wallets and exchangers.

It's already block 490624. Could the snapshot block happen days before Oct 25th like posted on the website ?

If the total value of your BTC is greater then $100 it is not advised to keep them in any exchange.
Best solution will be hardware wallet.

IF the new coin has a value of 0 the exchanges will not support it. if they support it you will have both of them, but as I said if you hold over $100 in value DO NOT leave them in exchanges. You risk of losing them!

https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety


According to bitcoin.org if you use any exchanges such as Coinbase you need to move it off there ASAP. After the fork, any BTC that you have on these exchanges will be converted to a new completely different currency which could be worth 0? Is that right?

I'm seriously thinking about cashing out my bitcoins before I lose everything! Why does Bitcoin have to be so complicated >.<

Should I be worried? Should I be getting them onto my Trezor hardware wallet? Is it safer there than exchange? I was hoping to keep my BTC for the future but now im just confused.

This is somehow a good news. Much more then I was able to find out searching in here and in google.
Could you please provide the official site, so I can read more.

BTW if it is going to be mined as Zcash, then it will compete with its price...
Will see what will happen...

Thank you for providing the helpful information to help everyone get their Bitcoin Gold. I want to make sure to get mine so I can sell it for more Bitcoin.

Can you point out some mining pools that announced that will support Bitcoin Gold mining? I would very much like to get into mining with my PC

Even though there was much discussion about the coin, there is a lot of information available regarding the points you mentioned:

- Mining via Equihash: First of all, the mining algorithm will be Equihash, which is the algorithm Zcash uses, a mostly RAM dependent mining process.
- Block of fork: The fork will take place at BTC block 491407. This block will most likely be mined around October 25, 2017.
- Exchanges and mining pools: The official homepage lists several exchanges and mining pools, which confirmed that they will support Bitcoin Gold.

I hope, this helps a little bit. As everyone who holds BTC, when the fork takes place, will automatically get BTG, the risk of "investing" is rather low. Only the time after the fork will show, if BTG will have some value or not.

well, this is not the first time we will be having a fork of BTC, a all I know is BITCOIN is here to stay no matter the a agreement/disagreement against consensus.
I'm interested in having more btc . hence will wait for the fork and after convert the BitCoin gild to BTC

That's too bad, I wouldn't want to miss the start. I bet the mining difficulty will increase extremely fast because everyone will jump in.

There is no clear info for that. Hope they will provide one soon...
And idk if that coin will be good investment to mine, especially without all the info about how where and when will all happen...

It is too shady for now...

You mentioned mining by normal computers. How can we mine Bitcoin Gold right away? Is there a trusty website for mining?

Yes the first step would be to transfer BTC to a new wallet after the date of the fork. I would do that before attempting any steps to claim BTG.

Yes you will need to find a wallet that supports the forked coin and passphrase in order to access the forked coins.
Also remember that with the passphrase you will be able to access any BTC as well (if present). so remember to move the BTC (if you will not use it soon I suggest paper wallet)...

Yes that's probably what's gonna happen.
As Bgold uses replay protection there shouldn't be any big issues for users to split their coins.
I believe most of the wallet providers will make announcements close to the hardfork or shortly after it happened.

Well... when I claimed BCH I did it two ways.

At the time of the BCH fork my BTC was in 'imported addresses' which were BTC addresses imported into the new blockchain wallet interface from the previous incarnation of the blockchain wallet. These imported addresses were not held in the user's main blockchain wallet, and they were not recoverable using the recovery phrase for the main wallet. Rather the user was given the exact private key for each imported address. Therefore it was possible to use the private key to claim your BCH from each address. In my case I used a process with Coinomi where I entered the private key for each imported address and was able to claim my BCH that way. I used that process to claim approximately half of my BCH.

Then blockchain announced they would support BCH and would provide a tool for claiming BCH. So I decided to wait for that to go live to claim the rest of my BCH rather than use Coinomi coz tbh that process was a pain in the neck, Coinomi's BCH support was quite buggy. So I was able to use the blockchain.info tool to claim the second portion of my BCH from the last of my imported addresses.

However at the time of the BCH fork I didn't have any BTC in my main blockchain wallet it was all in imported addresses, so I havent ever tried to claim BCH using the recovery phrase. Im not sure how that process works and which wallets etc would have been used at the time in that process.

I have since moved my BTC from the imported addresses into my main blockchain wallet address, so in my case the process for claiming BCG is going to be different to how I claimed BCH: I'll have to use the recovery phrase rather than the exact private key associated with each imported address.

I assume the process will be as I posted above. Using a wallet other than blockchain, that supports BTG and supports importing addresses via a recovery phrase.

As far as I know blockchain.info wont be supporting BTG straight away, and if they do provide support its likely to be weeks / months after the fork, like for BCH.

But yeah, I think we can use the recovery phrase to claim BTG with another wallet. Hope Im right about that.