Bitcoin Forum

Hello everyone!
quick question as last time when the SEG was enabled the BTC split into BCH

In the upcoming "update" october ( as I remember correctly ) if there will be another split?

Thank you for your help!

Yes it will be new split. It calling Bitcoin Gold. You can read about it here:
https://www.coinspeaker.com/2017/09/29/bitcoin-gold-project-plans-fork-bitcoin-october-25/

This hard fork is going to happen on October 25.One day before my birthday.Damn >:(
Some Segwit2x haters are going to make this split and create a brand new altcoin.
This will have some impact over the bitcoin price for a few weeks,just like the previous bitcoin unlimited and "bitcoin cash" forks.All those forks are ridiculous.After a few years we will have 100 different "bitcoins" and 100 different blockchains.

Hey
first thank you for your response!

So just to understand when the last split was the same amount you had in BTC you receive BCH so in that case this time we will also receive the same amount of the coin depands on the amount we have in BTC?

and will the price of BTC will drop? because last time the price didn't fall

Thank you for your help!

yes another free money.. so if you want to get some? put some bitcoin in your favorite exchange site.

Why to put in the exchange is that safe?... I dont know if the exchange gave the costumers the BCH when the BTC is split

This news is true . I have read about this and is named Bitcoin gold probably. But I don't think that would affect Bitcoin much. Because , even when it was split recently into BCH it did not affect Bitcoin .

This is exactly the reason of why the Bitcoin Gold split will become reality. If they really ranted to come up with their own version of an "improved Bitcoin", they would just launch a completely new crypto currency.

But no, they are looking to earn millions in a very easy manner. It's a disgusting practice, but what can we expect from entities only looking to bank on Bitcoin at all cost? They don't care about a potential negative impact.

What's next after Bitcoin Cash and Bitcoin Gold? Oh, Bitcoin Silver seems a pretty decent name. :-X

Funny how rich people become richer when there is a split in Bitcoin network.  It seems this kind of thing can't be helped since those who have lots of Bitcoin in their stash will definitely the one to end up having more coins on the forked network.

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The network needs to hardfork that will result in a split to be able to apply the next update for Bitcoin scaling fix. 


I wonder where they get this Bitcoin Gold term??  ??? ??? ???

It's a bit complicated for those who aren't in the bitcoin weeds. Essentially, political, technological, and ideological debates about growing bitcoin have come to a head. And some say that an entirely new currency called Bitcoin Cash could help scale bitcoin and bring it to the masses.In order for bitcoin to become a simple global payment system for anyone to use, it needs to get over its growing pains. For some, the solution to that is to make a whole new currency using similar software.Bitcoin is built on something called a blockchain. The bitcoin blockchain is a public ledger containing all the transaction data from anyone who uses bitcoin. Transactions are added to "blocks" or the links of code that make up the chain, and each transaction must be recorded on a block. But these blocks are full, and it is slowing transactions way down.

What type of wallet should I put my bitcoin in to ensure I will get both currencies (Bitcoin and Bitcoin Gold)?

Should I leave my BTC on coinbase (which apparently is a horrible idea) and from what I have read, people who had BTC during the Bitcoin cash hardfork did not get their bitcoin cash. I want to ensure I get what I technically own.

May I ask if Desktop wallets that have balance in it like jaxx will be affected by it? If i have btc in my jaxx wallet will the fork enable me to have bitcoin gold in my wallet instantly? what should I do to make sure that I will get btc gold when the hard fork happens?

I'm not sure why people don't think outside the box here. Here you have these competitors to Bitcoin saying we'll give you free BTC for whatever, Bitcoin Cash, not Bitcoin Gold. They're after your BTC UTXO set people!!

I'm not sure why people keep getting excited about these forkcoins that offer free coins if you have BTC... They're probably gov't agencies trying to figure out your original Bitcoin UTXO set to find your identity.

if by "SEG" you mean SegWit then bitcoin did not split because of activation of SegWit. at least not directly as you may think.

a group of people who were trying to take over bitcoin created a fork from it and called it "cash" to try and look legit. that is all the reason to it.

there are two more things coming up:
1. SegWit2x hard fork part to increase the block size to 2 MB
this is a more serious fork and it has a lot of issues and a lot of opposition. specially since it is way too fast.

2. Bitcoin Gold fork to change the mining to make it ASIC resistance or so they claim.
this is mostly a joke specially since it has a huge premine.

For me that isn't a good idea as well to my other friends because we all know that btc split have some big negauve effects on the mind of the users such as always panic selling because of the lowering of their money but ofcourse we all know that things can be back soon. Just like the value of btc that became low but rise again.

Why would you take risk putting your coins in an exchange during the split when you have the capability to store in your own wallet and there wont be much hurdle,even with the last split many exchanges were not willing to give the split coin that easy and so i would not dare to store my coins in any online wallet or exchanges at the time of split,sure there will be a split at this fork too.

If you guys are going to go with that whole, Bitcoin Cash is a hard fork thing again on this one, then we need to drown ourselves in sewage. If that is how you see that code release, then sure, it might fork again, just like it has 10,233 times up to this point and will again, every time a new coin is released compiled on near the same code as Bitcoin.

Most altcoins just fork the code, though, not the blockchain itself.  You don't get the so-called "airdrop" effect with other conventional altcoins, so the BCH, Gold and 2x forks are a little different in that regard.  However, people should tread carefully, as BCH included replay protection so it was much safer to dump those coins.  Take precautions if you want to sell your Bitcoin Gold or SegWit2x coins, since you may accidentally move your SegWit-Only coins as well.

May be we have BTG coin in last month! But i don't like this! BTC with offical Dev is Gold in Internet! Other coin only said Altcoin!

Bitcoin Fork is much cheaper, and a sure way profit than launching an ICO. IF WE CAN ONLY Stop these lame whales from creating different BTC variants. We can prevent the appearance of sprout BTC clones.

https://i.imgur.com/XxU1Xvn.jpg

Its true about the new fork coming in oct 25 but be ready the impact to us because maybe the price will dump and many are will affected because of the segwit2x coming but be prepared for that hard fork.The hard fork is called Bitcoin Goin.

You can check some exchanges that will support bitcoin gold after the fork so that you will have your free BTG that time, but the recommended and safest way is to store your bitcoin in a offline wallet or a wallet that issues your own private key so that after the fork you can check some application wallet that supports BTG and then use the same private key where you store your bitcoins and then claim your free BTG without doing nothing, just make sure that is the official wallet of BTG as some hackers will create fake application just to steal your bitcoins so be careful.

the split are really in need ?? if there will be a split ! will it be ethereum base ? or just like bitcoin ?
we all know the difference of bitcoin and ethereum and other altcoins !

This is really helpful and great idea with others, then I also think after the split, maybe bitcoin price will still recover and will still continue rise its price since it already happen the last hard fork, bitcoin has a big potential because a lot of people now are using bitcoin than other altcoins. I will just still hold my bitcoins even if there is incoming hard fork.

I think its good to have different coins and blockchain because as I see now bitcoin is slow in confirming transactions. Another one is that it contributes to security or anonymity of people that uses cryptocurrency as payment.

A total of two fork coming this October 25th (bitcoin Gold) and November (segwit2x). The split might happen within the day

Those wallets with the options for you to hold your private key is more of assurance that you can have your fork coins after the forking. But as what I’ve experienced, Xapo and Coins.ph are online wallet exchanges that has given the same Bitcoin Cash last August. So it much easier for you if you have those but I need to wait for updates if they will do the same for this two coin fork.

i don't think so.
forking bitcoin is actually a lot harder than launching something from scratch and certainly a lot harder than running an ICO!
first the coding for bitcoin is harder than ICO creation which a newbie can even do!
second is the mining of any fork that come from bitcoin. if you don't have someone like Antpool behind you, then you can not make something like bitcoin cash fork. and as i said coding for bitcoin is much harder if you plan on changing the mining algorithm like BTG is doing.

I agree with the post above of Nameless27.
I think Bittrex exchange have also the same feature.
Last August, Bittrex added Bitcoin Cash almost immediately to all BTC holders at exchange.
They also started trading BTC/Bitcoin Cash pair, the same day.

I really do not know about Blockchain.info wallet? They added Bitcoin Cash already?

Yes, there will be a new alt after this fork, called Bitcoin Gold I think.


The current price hike may have something to do with upcoming bitcoin split, so the only way bitcoin is gonna go from here is UP.

The most important thing you should know is this. Do not buy coins and then store that coins in a service or wallet where you

do not have sole control over the Private keys for those coins. If some service or wallet have control over your Private keys,

then you might not get any of these FREE coins from the fork. They reserve the right to decide what they want to do with the

FREE coins and when. Buy as many coins as possible before the fork and move them to cold storage/paper wallets, where only

you have access to the Private keys.  ;)