Topic: Will BTG be similar to BCH in terms of price speculation? (Read 536 times)
No, I dont think this fork will be like the last on (BCH)! Bitcoin cash was a bigger one and bitcoin gold is a small fork in my opinion
I think BTCG only = 1/3 BCH :p. More people now buy BTC to get BTCG. But wait and see
the BTG group lacks the advertising capabilities of BCH group!
just a quick look at bitcointalk you can see so many topics and comments (before and still after the fork) about BCH and all hyping it up.
so far all the BTG topics i have seen have been from confused people or some normal people (no shills no hyping) making normal speculation.
so you can not expect the same thing from these two really.
just a quick look at bitcointalk you can see so many topics and comments (before and still after the fork) about BCH and all hyping it up.
so far all the BTG topics i have seen have been from confused people or some normal people (no shills no hyping) making normal speculation.
so you can not expect the same thing from these two really.
We are not sure how much BTG will be worth and what is the market for this altcoin. I think people should wait for the news about this altcoin because it is very similar to BCH and will have very high prices in a short time and will drop sharply as soon as this altcoin is not really useful.
BTG (or BCG) is going to be pre-mined and no matter what, a pre-mined coin is always used for developers' own economic and monetary funding purposes which is why they mostly fail due to the fact (and fear) that they might dump their share any time once the values suddenly start to rise. BTG is being said to possess 1/4th the price of Bitcoins' current value (means BTC0.25). Do you really think a pre-mined coin is worth it? They are not even ready with replay protection implemented over a coin that's just ~2 weeks away from being released. Everything looks shady on their side, don't fall for this - that's my advice for you.
This is very interesting, so if it is premined, we will not get the amount we got in BTC into the BCG? like we did in BCH?
or are they premining it and then let each address clime the coins?
BTG (or BCG) is going to be pre-mined and no matter what, a pre-mined coin is always used for developers' own economic and monetary funding purposes which is why they mostly fail due to the fact (and fear) that they might dump their share any time once the values suddenly start to rise. BTG is being said to possess 1/4th the price of Bitcoins' current value (means BTC0.25). Do you really think a pre-mined coin is worth it? They are not even ready with replay protection implemented over a coin that's just ~2 weeks away from being released. Everything looks shady on their side, don't fall for this - that's my advice for you.
BCH was a useless fork, mostly to attack bitcoin. it was done by the miners (with their ASIC farms) to have an additional income. you can see how they abuse the emergency difficulty adjustment thing. it also has some rich people behind it who pump it and keep the price up.
BTG is also a useless fork, but at least it is not attacking bitcoin. not yet anyways and it is changing the algo so miners (with their ASICs) can't switch and abuse. people at home with their graphic cards (PC) can mine it, so it has that going for it. but i don't see anyone behind it to be able to pump and dump it. it also has a premine!
this means each of these forks have some points that helps them have their price and some other points that will prevent it and cause a dump. i think in short term after release there will be a big dump (obviously because of airdrop) then it may see a very nice rally to even go up to BCH's ATH. 0.1BTC for example is a possibility.
BTG is also a useless fork, but at least it is not attacking bitcoin. not yet anyways and it is changing the algo so miners (with their ASICs) can't switch and abuse. people at home with their graphic cards (PC) can mine it, so it has that going for it. but i don't see anyone behind it to be able to pump and dump it. it also has a premine!
this means each of these forks have some points that helps them have their price and some other points that will prevent it and cause a dump. i think in short term after release there will be a big dump (obviously because of airdrop) then it may see a very nice rally to even go up to BCH's ATH. 0.1BTC for example is a possibility.
I personally think they'll be pretty much the same. What are your thoughts?
I highly doubt it. Bitcoin gold will be lucky to debut in the first 100. I don't see the price being more than $50. BCH had hash power, there was no pre mine, had significant support from the community. I don't even know who is behind Bitcoin Gold.
BCH should be worth far more. This is because the mining power backing it is way higher
the main point of bitcoin gold is that it uses a different type of mining power so that comparison's irrelevant. it's still gonna be a non event unless they pull something very special out of the bag.
BCH should be worth far more. This is because the mining power backing it is way higher
I don't suspect that BTC gold will reach more than 10% of bitcoin price at the absolute best case scenario, it doesn't seem to be a good project and is very shady.
I personally think they'll be pretty much the same. What are your thoughts?
I personally think they'll be pretty much the same. What are your thoughts?
None of the exchanges have said they'll list bitcoingold.
Bitcoingold seems to have come out of nowhere, possibly hoping to confuse people and make them think they have something to do with the 2x fork.
But they are separate, nothing to do with 2x, it looks like they will have a premine, and it looks like most exchanges are ignoring them and concentrating on the segwit2x fork that will come later in November.
Binance listing them would not surprise me, and Bitfinex neither. But adding places where some airdrop can get dumped doesn't add value to that very airdrop.
Since they are 2nd ranging behind BCH in discussions and on timescale tells tales.
But lets get back onto BCH and compare the hashrate. Hashrate jumped between BTC and BCH several times on an order of magnitude ... moar hashes than everybody of us ever operated. This goldfork will not be able to archive that, because of other algos. Either some hobbyists mine gold on their GPUs, or nobody will do. ASISCS will not switch to it.
I know you all will place all your hopium on an exact replay of former market dynamics, ignoring the technical differences this time. That's psychology, eliminating uncertainity by believing something wrong.
I think bitcoin gold will not be the same as bitcoin cash and I'm sure its price will be very cheap or below the bitcoin cash price.
I think it will be the same as bitcoin cash the other said here i don't really know if its scam coin but . for assurance better to have them since we are getting benefits when bitcoin cash was release and we can sell the coins into the market..
Expect that we will experience of low price for BTG than bitcoin cash because looks like lots of people right now are investing into bitcoin just to get the benefits of getting free coins from old bitcoin address where we save our bitcoin ..
Expect that we will experience of low price for BTG than bitcoin cash because looks like lots of people right now are investing into bitcoin just to get the benefits of getting free coins from old bitcoin address where we save our bitcoin ..
I personally think they'll be pretty much the same. What are your thoughts?
None of the exchanges have said they'll list bitcoingold.
Bitcoingold seems to have come out of nowhere, possibly hoping to confuse people and make them think they have something to do with the 2x fork.
But they are separate, nothing to do with 2x, it looks like they will have a premine, and it looks like most exchanges are ignoring them and concentrating on the segwit2x fork that will come later in November.
Well, we dont know anything about it's specifications, or it's token details, but we will see soon, i think that the only reason of why everybody wants this token, is because is free and because they will receive it for free in their wallets, anyway, nobody would feel attracted by this coin.
But i dont think that it will be worth a lot, maybe less than $200 each one.
But i dont think that it will be worth a lot, maybe less than $200 each one.
this gold fork will amount to nothing.
no one knows anything about it. it doesn't have a big backer. the goalposts are constantly moving. it's looking like junk from here.
no one knows anything about it. it doesn't have a big backer. the goalposts are constantly moving. it's looking like junk from here.
Yes. It will be just another altcoin.
The one who will be different is B2X, which dont have replay protection.
The one who will be different is B2X, which dont have replay protection.
I personally think they'll be pretty much the same. What are your thoughts?
Nope. BCH was controversial, but it was a clean fork. There was no premine, no false information being spread. There was clear replay protection. Bitgold seems to be nothing but a scam.
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