Will Bitcoin Gold have a future? | Bitcointalksearch.org

Abiky

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Quote from: Sithara007 on May 11, 2019, 12:34:06 AM

The advantage with Bitcoin Gold is that even small-scale and medium-scale miners can mine this coin, unlike the case with Bitcoin and Bitcoin Cash. Although it has fallen quite a bit since the forking, if you check the charts then it can be found that for the past 8-9 months, it has held on to its exchange rate (versus Bitcoin), which points towards a small but loyal user-base.

BTG is not a crypto-giant, unlike BTC or BCH. It is meant for a specific target group and it has the potential to grow within that specific boundary.

Bitcoin Gold is easier to mine with GPUs than BTC or BCH. Despite this, BTG doesn't seem to be a quite attractive option for the average Joe. People are looking into popular cryptocurrencies which are always rising in price. BTG has lost a great amount of its value becoming an almost worthless coin. There needs to be constant innovation, and development for Bitcoin Gold to be able to succeed in the future. But, the most important thing is that BTG needs to obtain the level of mainstream adoption as other prominent cryptocurrencies on the market (like Bitcoin and Ethereum).

Still though, as you've said, Bitcoin Gold is ideal for miners. Which means, that the cryptocurrency itself might remain alive for a long time. Other than that, it doesn't seem to have a future as a usable cryptocurrency for the world. Hopefully, the dev team would come up with great ideas in order to make the BTG blockchain one of the best cryptocurrencies available on the market. Just my thoughts Grin

Woolles890

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BTG is still valuable even though it is a small scale, this is a lot of people investing in it. Surviving to find positive things is a good decision, seeing the crypto and BTG markets still feasible even though they look far from BTC. I am sure that BTG still has the opportunity to develop in the future.

anggle

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BTG has a very good future and still survives. BTG is a very interesting coin because it has very good potential and has a solid team. In the last few weeks, I have carried out daily trading using BTG and was able to generate sufficient profits. So I think that this coin can be the future of Bitcoin.

qcoindev

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Personally I've always seen BTG as another "Bitcoin Fork" - seeing as it came out around the sameish time as Bitcoin Cash and a few others and it's launch was a lot more mysterious than most coins. I think it'll last or a while though since it's got a good algorithm.

Sithara007

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The advantage with Bitcoin Gold is that even small-scale and medium-scale miners can mine this coin, unlike the case with Bitcoin and Bitcoin Cash. Although it has fallen quite a bit since the forking, if you check the charts then it can be found that for the past 8-9 months, it has held on to its exchange rate (versus Bitcoin), which points towards a small but loyal user-base.

BTG is not a crypto-giant, unlike BTC or BCH. It is meant for a specific target group and it has the potential to grow within that specific boundary.

bonker

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Definitely the possibilities are always there for the Bitcoin gold to perform well in the future but how it will give the confidence and the profit for the people will give the clarity about making it investing in the future.

Sartrute

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I think Bitcoin Gold has no future. I think that all Bitcoin forks are doomed to failure. I do not understand why they are needed. According to this, every year they will increasingly fall in price.

irixo10

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In my own opinion, a coin or project can only have a future when the team are making adequate efforts to offer value to investors while enhancing the project as well. Can't remember the last time I heard about this coin, so if the team aren't offering new ways to make the project relevant then it will die off.

Abiky

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Quote from: lyks15 on May 03, 2019, 09:17:35 PM

I think bitcoin gold have a future. Because it is like a bitcoin innovation so people may patronize it. You see how people did support bitcoin for a decade it still alive the there is an ups and down. So I don't think that people and investors will have a reason to dislike bitcoin gold. And people always want to try new things and new investment.

Well, Bitcoin Gold has nothing new to offer since most of its features are already provided by other altcoins on the market. Features such as Zero-Knowledge Proofs and a PoW algorithm which is ASIC-resistant, are widely available on other prominent altcoins in the market. The only thing BTG has, is the Bitcoin brand/name. This has given Bitcoin Gold a sort of advantage relative to other well-known cryptocurrencies. However, each day BTG seems to be declining in price at a slow pace.

There isn't much sentiment to the coin, as people have gone to look for better alternatives on the market. Given that there's not much progress in the development of Bitcoin Gold, I'd say that it will die anytime soon. Bitcoin SV appears to be in the same road as Bitcoin Gold and other Bitcoin forks.

Therefore, to say that Bitcoin Gold has a future, would be saying that Dogecoin has a future. With an almost non-existent development and innovation, things aren't looking bright for the long-term prospects of the BTG cryptocurrency. Just my opinion

lyks15

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I think bitcoin gold have a future. Because it is like a bitcoin innovation so people may patronize it. You see how people did support bitcoin for a decade it still alive the there is an ups and down. So I don't think that people and investors will have a reason to dislike bitcoin gold. And people always want to try new things and new investment.

Abiky

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Quote from: bitcon on April 27, 2019, 01:32:21 PM

Many miners are still interested in it. I do not deal with this fork, but I can guess it has a future. If Bitcoin cash is considered to be a pretty good cryptocurrency, why Bitcoin Gold should vanish from the market?

Well, miners will continue to mine BTG or any other cryptocurrency which allows them to earn some profit. While BTG's price has declined drastically over the past months, it's still a somewhat-valuable cryptocurrency. The big advantage BTG has over the original Bitcoin (BTC) is that it can be easily mined with a GPU. Not to mention, it implements Zero Knowledge Proofs for privacy.

Of course, there are several other cryptocurrencies on the market which are practically the same as BTG in terms of features. But Bitcoin Gold's branding would allow it to stay actively traded on the market for quite some time. Still though, if BTG aims to be a unique cryptocurrency, it would need to deliver constant development and innovation. Being relatively slow in this regard, it's very unlikely that the cryptocurrency will have a future.

Therefore, everything will depend on mainstream adoption whenever miners or users will still support Bitcoin Gold or abandon it altogether for the next big thing in crypto. Just my opinion

Nivelir

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BTG has no future, I will speak directly, so I can confidently say that now people really understand that there is nothing that can really change what is now beneficial for the implementation of the entire cryptocurrency space.

bitcon

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Quote from: Baimovic on March 23, 2019, 03:35:40 PM

Quote from: Emmy92 on March 23, 2019, 02:55:43 PM

To answer the question of if the coin will have a future; I think its best asking what will actually make someone invest in this coin? Are there new functionalities, features etc which can really attract investors ? By answering these questions then one can know if the coin will have a future or not.
Am not a holder, so I can't really answer

right we really can't answer with certainty but we can predict because as holders we always monitor the development of coins and markets.
and I think Bitcoin Gold doesn't have anything that can cause investors to invest a lot in Bitcoin Gold.
but I did not say that it would always apply because Bitcoin Gold could launch something big.

Honestly, I do not think that this fork has a very good future. It might exist on the market for a couple of years more, and then, it will start sliding down. Suppose, in 5 years or about it Bitcoin Gold will vanish.

bitcon

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Quote from: miklesm on April 20, 2019, 06:28:20 AM

I do not think Bitcoin Gold will has a good future. The most of it's features are already implemented in other blockchains, so people have almost forgotten about BTG.

Many miners are still interested in it. I do not deal with this fork, but I can guess it has a future. If Bitcoin cash is considered to be a pretty good cryptocurrency, why Bitcoin Gold should vanish from the market?

r.bhalla07

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Yes this is right that the bitcoin gold have really a good future because this is the only coin that have a very good profit rate and have a stable coin in this time also when the market is in very critical condition so that i love this coin.

Commitments

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Bitcoin have good for the future with many investor always support and invest their money in bitcoin and altcoin, we have support for bitcoin become most popular payment in the future and accepted by many greatest companies.

bajindul88

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Quote from: Adriano2010 on April 26, 2019, 09:42:06 PM

I also think bitcoin gold is just others like coins named Bitcoin cash or another name, and someone say to not invest on this coins because is risky and choose bitcoin only, but anyway people do what they want and maybe some of this coins will succeed over time.

It all depends on the user and the holder in the world of cryptocurrency to be taken where he is going. because after all Bitcoin Gold is almost the same as other Bitcoin forks that have not been able to surpass Bitcoin itself. pretty hard to surpass other bitcoin forks. but if the users / holders and makers are sure it can happen

Adriano2010

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I also think bitcoin gold is just others like coins named Bitcoin cash or another name, and someone say to not invest on this coins because is risky and choose bitcoin only, but anyway people do what they want and maybe some of this coins will succeed over time.

Gudhal Untu

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I think Bitcoin gold is the same as other altcoins like Bitcoin Cash, Bitcoin SV and so on, it's hard to beat Bitcoin because all eyes are on Bitcoin.

Abiky

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Quote from: miklesm on April 20, 2019, 06:28:20 AM

I do not think Bitcoin Gold will has a good future. The most of it's features are already implemented in other blockchains, so people have almost forgotten about BTG.

Exactly. Right now, it's nearly impossible for Bitcoin Gold to keep up with other cryptocurrencies on the market. This is because, many other coins have implemented privacy features and ASIC-resistance, which greatly defeats the purpose of BTG. If Bitcoin Gold wants to have a bright future, it would need to be always one step ahead by delivering unique features not available elsewhere.

But, apart from carrying the Bitcoin brand/name, Bitcoin Gold has stalled in development for quite some time now. Of course, the team is still working on the cryptocurrency, but progress is extremely low. Which means that, BTG could be left behind while other major cryptocurrencies will continue to take the world by storm.

Nonetheless, there could be a future for Bitcoin Gold as a speculative cryptocurrency. After all, Dogecoin has been abandoned in development for quite a few years now but it's still alive and actively traded across the market. The same thing could happen with Bitcoin Gold, and other cryptocurrencies which cannot keep up with the latest trends in the Blockchain Industry. Just my opinion

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