Topic: Will Bitcoin Gold have a future? - page 4. (Read 21638 times)
I am sure BTG has a good future. We can see BTG growth despite a very sharp decline. Now BTG can slowly rise again. The development team continues to work hard and keeps this BTG developing. And maybe in the future like Bitcoin.
It seems to me that in 2019 this coin became very popular. The price of the coin has significantly gone up. The project is actively developing. I think this coin will be in demand soon.
in 2019 it cannot be predicted exactly how the development of cryptocurrency, if the development of cryptocurrency is very good and can be accepted as one of the solutions to payment or transaction security, cryptocurrency can become famous and possibly will affect the price of cryptocurrency. 
It seems to me that in 2019 this coin became very popular. The price of the coin has significantly gone up. The project is actively developing. I think this coin will be in demand soon.
Bitcoin Gold seems to have a solid development team, as it has managed to quickly implement an ASIC-resistant algorithm after the release of Bitmain's miners for Equihash. If it remains a GPU-only mineable coin, then it would be much more decentralized in the mining process than both Bitcoin and Bitcoin Cash. However, its success will only depend on the level of adoption it would experience in the mainstream world.
Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.
Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not?
Honestly, I don't believe in that. From a legend that costs ~400$ , falls ~8$ , I think the community has lost faith completely with BTG. There must be some miracle to save BTG.Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.
Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not?
Bitcoin Gold seems to have a solid development team, as it has managed to quickly implement an ASIC-resistant algorithm after the release of Bitmain's miners for Equihash. If it remains a GPU-only mineable coin, then it would be much more decentralized in the mining process than both Bitcoin and Bitcoin Cash. However, its success will only depend on the level of adoption it would experience in the mainstream world.
Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.
Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not?
Honestly, I don't believe in that. From a legend that costs ~400$ , falls ~8$ , I think the community has lost faith completely with BTG. There must be some miracle to save BTG. Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.
Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not?
I don't think any bitcoin fork has a future. Bitcoin is only one and these forks are just quick get rich schemes for me.
to be honest if for bitcoingold I'm not sure of having a bright future like bitcoin. mesikpun bitcoingold results from a bitcoin fork or almost has similarities but I think that is impossible. bitcoingold is still bitcoingold, bitcoin is still bitcoin. so bitcoin cannot be compared with others including bitcoingold.
Of course one of the main thing that we can consider on as the team of enthusiasts which would be hardly pressing through to make the project right and working, so in your opinion bitcoin gold is having that it would be prospective.
in the progress of the era and technology, of course, there are many coins or economic systems that will continue to grow to be the best and in my opinion all developments depend on the investors themselves and no one can know for sure about their development Bitcoin Gold seems to have a solid development team, as it has managed to quickly implement an ASIC-resistant algorithm after the release of Bitmain's miners for Equihash. If it remains a GPU-only mineable coin, then it would be much more decentralized in the mining process than both Bitcoin and Bitcoin Cash. However, its success will only depend on the level of adoption it would experience in the mainstream world.
Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.
Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not?
I have no more idea about Bitcoin gold. Even than, I think it will remain in the market. Because, In the market 100 top coins, Bitcoin gold's rank is 29. Whose current price is 13.30$. Combining all the aspects, I think it will remain in the market. Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.
Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not?
With a solid development team and good development I think bitcoin gold will have a good future, even though it's not like an altcoin on it but with the support of this coin, surely bitcoin gold will be able to survive for a long time
I always loves to invest on Bitcoin and also the gold so if it combined together in your platform it will be more acceptable for me and I definitely invest in it to take it for my future so I think it will definitely had a future if it is possible to develop.
Bitcoin Gold will not be able to compete with Bitcoin. Think about how much would have to happen until Bitcoin Gold gets even close to Bitcoin.
Exactly. Bitcoin Gold still needs a long way to go before it could be able to outpace Bitcoin in the future (if it ever does). Considering that it's a Bitcoin fork instead of an original project, the odds of it surviving in the future are very low. Of course, if it has a good development team and community, it'll be able to get far. Otherwise, it'll be just another altcoin like the rest of the cryptocurrencies on the market today.
Nearly any cryptocurrency that's actively developed and maintained by the community and dev team, are often successful. BTG is no different than other Bitcoin forks which are competing to reach the top places in market cap. With good effort and dedication, Bitcoin Gold could have a bright future. Despite this, prices are becoming lower each day, making BTG valued at less than $50 per coin. Just my thoughts
We may not actually predict the future but we can say for now that bitcoin Gold may is useful to an extent though some people perceive this coin as useless. I agree that bitcoin Gold may not be close to bitcoin. However, I strongly believe that it will have a great future.
So far all these Bitcoin fork are performing well especially Bitcoin Gold it's only a matter of time before it gets into the top 5, I was thinking what if you can have all these Bitcoin fork in the top 5 that would be great to look at Bitcoin against it's fork for supremacy.
Bitcoin Gold has been working hard and steady to bring products, partnerships and a strong community.
My advice would be to follow Twitter, Discord or Telegram.. and ask the knowledgeable staff. Instead of hearsay.
Adoption you ask. Here is just one of the partners I found very interesting.
https://giftcards.bidali.com/buy-giftcards-with-bitcoin-gold/
My advice would be to follow Twitter, Discord or Telegram.. and ask the knowledgeable staff. Instead of hearsay.
Adoption you ask. Here is just one of the partners I found very interesting.
https://giftcards.bidali.com/buy-giftcards-with-bitcoin-gold/
Bitcoin gold is also not so bad for us to invest at this time. because in my opinion, too, the communication is quite a lot too. and one of the successful hardforks of Bitcoin
yes you are right there are not many bad judgments for bitcoin gold and maybe the price for the market is being dumped because of the development process of bitcoin gold and also the unfavorable conditions but if you daily trade you might get some benefits in itBitcoin Gold will not be able to compete with Bitcoin. Think about how much would have to happen until Bitcoin Gold gets even close to Bitcoin.
Bitcoin gold is also not so bad for us to invest at this time. because in my opinion, too, the communication is quite a lot too. and one of the successful hardforks of Bitcoin
yes you are right there are not many bad judgments for bitcoin gold and maybe the price for the market is being dumped because of the development process of bitcoin gold and also the unfavorable conditions but if you daily trade you might get some benefits in itBitcoin Gold will not be able to compete with Bitcoin. Think about how much would have to happen until Bitcoin Gold gets even close to Bitcoin.
Bitcoin gold is also not so bad for us to invest at this time. because in my opinion, too, the communication is quite a lot too. and one of the successful hardforks of Bitcoin
yes you are right there are not many bad judgments for bitcoin gold and maybe the price for the market is being dumped because of the development process of bitcoin gold and also the unfavorable conditions but if you daily trade you might get some benefits in it You're right that Bitcoin Cash was created to "improve" Bitcoin with a block size increase. Bitcoin Gold, however, was not created in response to a scalability concern.
It was created to provide a more decentralized alternative. Go to your favorite computer retail store chain, or your corner store - can you buy an ASIC and start mining BTC or BCH? Probably not. OK, can you buy a GPU to mine BTG? Yup.
Better yet... do you know anyone who already has a graphics card - maybe a video designer, probably a gamer? Well, they need to spend $0 to buy equipment for mining BTG. They can just install software, join a pool, and start mining. That's how you lower the barriers to entry. That's decentralization.
BTG isn't competing with Bitcoin or other alts - BTG is building something useful and accessible to developers and people, and the ecosystem is improving steadily. In the future, different kinds of coins and miners can co-exist and interoperate more than ever before, and the questions will be: what are people mining? Buying? Holding? Transacting? BTG is steadily building towards allowing more people to do all of those, while making sure it's accessible to everyone - not just the rich and connected.
It was created to provide a more decentralized alternative. Go to your favorite computer retail store chain, or your corner store - can you buy an ASIC and start mining BTC or BCH? Probably not. OK, can you buy a GPU to mine BTG? Yup.
Better yet... do you know anyone who already has a graphics card - maybe a video designer, probably a gamer? Well, they need to spend $0 to buy equipment for mining BTG. They can just install software, join a pool, and start mining. That's how you lower the barriers to entry. That's decentralization.
BTG isn't competing with Bitcoin or other alts - BTG is building something useful and accessible to developers and people, and the ecosystem is improving steadily. In the future, different kinds of coins and miners can co-exist and interoperate more than ever before, and the questions will be: what are people mining? Buying? Holding? Transacting? BTG is steadily building towards allowing more people to do all of those, while making sure it's accessible to everyone - not just the rich and connected.
Upon checking Bitcoin Gold's site, I've found out that the team has updated the roadmap for the project. One of the upcoming features that has brought to my attention is the adoption of Decentralized Mining Pools. If successfully implemented, it could make mining great again as it would allow any average person to mine coins at home. Considering how BTG has been specifically designed to fight ASICs, I'd say that it has a good vision for the future.
Nowadays, Bitcoin Gold is ASIC-resistant because of its unique version of Equihash PoW algorithm. If by any chance, ASIC manufacturers manage to design ASICs for said algorithm, then the BTG team could continue improving the PoW algorithm on a regular basis (the same way Monero is doing). While Bitcoin Gold is not as popular as Bitcoin or Bitcoin Cash, it has potential to become something big in the future if people adopt it massively.
The key here is to bring usability, interoperability, and user-friendliness in order to help attract people into your own cryptocurrency project. This applies to Bitcoin Gold and any other cryptocurrency we know and love today. If BTG lacks this, then it would be nothing more than just a mere cryptocurrency with no future. Things aside, you're right about the Lightning Network. With the atomic swaps, I believe that altcoins would remain alive as they become inter-operable with the Bitcoin blockchain.
Nonetheless, Bitcoin Gold's prices are a bargain these days. Whenever it's right to invest in it or not, it's up to you to determine by researching all about it. Just my thoughts
I don't think any of the forks of bitcoin have a promising future, because the development of the Lightning Network will render them unnecessary. I also think they sow market confusion and give the impression that bitcoin is actually inflationary. It's probable, though, that they will rise in value during the next bull run.
Exactly. I also believe that the Lightning Network will render many Bitcoin forks completely useless. The main reason this Bitcoin fork craze started, was to create a scalable version of Bitcoin with an increased blocksize (apart from greed). Bitcoin Cash was the one crypto that started it all, but has taken a quite risky path that's been largely untested. On the other hand, Bitcoin's Lightning Network is being tested each day to become a secure, and decentralized second-layer protocol for instant and inexpensive micropayments.
I think you're right about the value of Lightning Network, but you're short-sighted to think of it only in terms of Bitcoin. With cross-chain atomic swaps, BTC, BTG, and LTC can be exchanged through Lightning Network and all three types of coins can be transacted.
The base code for BTG on Lightning Network (LND) is already in place, but just porting some code and saying "LN exists!" is easy. Creating all the necessary pieces for a living LN ecosystem is much harder - node software, mobile clients, user-friendly GUIs - this take a lot of work and a lot of libraries need to be made available to other developers. That's what the BTG devs are working on.
Current development is focused on the prerequisites for a better future - enabling Compact Block on the full nodes, porting btcsuite, bringing in Neutrino. There are a lot of moving pieces and dependencies to build a working LN ecosystem!
Quote from: Abiky
If [Lightning Network is] successful, then there would be no use for an "improved version" of Bitcoin. This means that Bitcoin Gold, Bitcoin Cash, BitcoinZ, and many other BTC forks would have no reason to exist...
You're right that Bitcoin Cash was created to "improve" Bitcoin with a block size increase. Bitcoin Gold, however, was not created in response to a scalability concern.
It was created to provide a more decentralized alternative. Go to your favorite computer retail store chain, or your corner store - can you buy an ASIC and start mining BTC or BCH? Probably not. OK, can you buy a GPU to mine BTG? Yup.
Better yet... do you know anyone who already has a graphics card - maybe a video designer, probably a gamer? Well, they need to spend $0 to buy equipment for mining BTG. They can just install software, join a pool, and start mining. That's how you lower the barriers to entry. That's decentralization.
BTG isn't competing with Bitcoin or other alts - BTG is building something useful and accessible to developers and people, and the ecosystem is improving steadily. In the future, different kinds of coins and miners can co-exist and interoperate more than ever before, and the questions will be: what are people mining? Buying? Holding? Transacting? BTG is steadily building towards allowing more people to do all of those, while making sure it's accessible to everyone - not just the rich and connected.
Jump to: