Bitcoin Forum

As per the question I would love to know how this community thinks about the upcoming hard fork(again). I am having a lot of doubts on how this goes. It seems that miners, devs or whoever push these types of things and resulting to lesser trust and some people are just happy with the free cash. I would love to hear your insights on what would happen to the price, development, etc. Thanks and have a great day.

From what I heard btc gold sounds kind of shady to me(pre-mine, lack of information).
If it works and it is worth a significant amount of money then I'm afraid people will start doing hard forks for no reason and that the btc community will just support them and put pressure on exchanges to accept these new coins.

BTG around $250
BTC around $5500 before and 4400 after HF

I agree with you. Really it's a matter of concern. Yes, it is possible that people will start doing hardforks without any reason for accepting their new coin. And I think that will not good for Bitcoin.

I agree with you. Really it's a matter of concern. Yes, it is possible that people will start doing hardforks without any reason for accepting their new coin. And I think that will not good for Bitcoin.

keep your bitcoin on your wallet then read some new abount bitcoin fork so we know what we will do if the hard fork is coming

I think hard forks are inevitable and are generally not really bad for the system.
Think of it as about religions — most of them are forks, eventually

I dont know about btc gold fork,some people want to make money with bitcoin forks we mustbe carefull,bitcoincash was good at the moment because we didnt know so much about segwit but another forks without real reasons is very strange.

pre-mined hardfork? sounds funny.
hard forks cant be done for no reason, because someone has to mine the currency afterwards.

I always thought that I would just stick with Bitcoin. I'm thinking of buying some and just stick to Holding very strong, that might get us through $6000 then.

The recent bullish run of bitcoin is caused by the offer of free bitcoin gold. Many are just buying up bitcoins and holding it till after the fork in expectance of free bitcoin gold coins.

I am gonna support the longest chain as will all major serious businesses. Every other chain will be Monopoly tokens for playing around with.

What is the general consensus about the price after the hardfork (Bitcoin gold or the more serious 2x fork)? I usually buy small amounts every few weeks - are people expecting big dips in price after these forks, and should I wait for these dips to buy, or is it better to buy sooner to get the freecoins that come with the forks?

It will for sure have a big dip.

I expected that in August, but BTC carried on regardless - maybe it'll be the same this time.

I’m not gonna turn around and support new created coin in every fork. I agree even BitcoinG is a little “No, no” for me. Time and effort to discredit bitcoin nowadays won’t help the community to prosper but to suffer to they’re own gain. And that is why I have much lesser support on this forking.

Let the Original Bitcoin users stay for what has been a norm for now and I don’t even bother for it. Let’s collect and dumped. Bitcoin will not be affected but totally bullish again(rapid increases)  as what happened last August fork of BitcoinCash.

There is no doubt about the resolve of the community to have full believe in the core bitcoin. For me, its bitcoin core all the way, this is a coin that have stand the test of time, with several challenges that a lot of people have even predicted its death yet it survives, Chinese government came with several attempts whether true or false, it survives. I would rather put my trust in that than a another coin that is riding on the popularity of that coin. That didn't even go through the process of becoming accepted in the community.

This is how I think it will go, hard fork will happen with
A lot of bitcoin gold created and which will be absorbed
Into bitcoin and other alts.

I'm not sure gold will reach the heights of cash and bitcoin
might have a little wobble but it will be all good.

bitcoin gold is a scam
it was pre-mined

also has no ripley as bitcoin cash

this means that there will be double operations
duplicate bitcoin and biticongold

rookies will lose their bitcoin

alert to all, bitcoin gold is a fraud, they will lose their bitcoin

I think the main worry on the part of a large number of Bitcoiners is that this will set a precedent moving forward where a bunch of companies can dictate the direction of the protocol, even when devs are saying there's no scientific reason for it. While I personally don't believe most companies backing 2X have malicious intent, if it becomes clear that large companies can sway BTC development, then there may not be anything stopping governments from doing the same. This is a lot of the reason for many people's worry and extreme conservatism when it comes to making changes to the core protocol.

"Bitcoin Gold" is irrelevant and unless I start seeing something useful or relevant about it, I don't see why we should bother considering it at all.

As for 2x, it's certainly a much stronger attempt to be the "main chain" than anything that's happened before, and has miner consensus.  Other forms of consensus are much more subjective and difficult to judge, so I'm not going to make any point about user consensus or even economic consensus.

Personally I'll just let nature take its course, and perhaps avoid spending coins or keeping them on online services when it comes closer to the event.
I'd call it "supply and demand" rather than "free cash".

Anyone supporting anything other than the legacy chain is an utter fool, it's that simple. It's a matter of time before a large portion of the miners will distance themselves from this ridiculous 2x fork, and from there let the malicious miners fork off and have their instant millions in profit, because that's obviously what they are after. It's nothing more than a short term toy till they come up with more plans/ideas to initiate another chain split, and repeat this nonsense once again. It's just the beginning of a whole load of more chain splits that we will go through in the forthcoming years - it's a cash cow, and that's a damn hard fact. Bitcoin Gold fits in that category as well, but has zero relevance.

No one really wants a hard fork, its just that there is a possibility of a hard fork when implementing Segwit2x so doesn't mean that the miners, devs or people wants it. This Segwith2x implementation is for the good of Bitcoin itself and with that I am supporting it no matter what because upgrading of a revolutionary modern technology is essential and it is a must.

Whatever happens I will support the original Bitcoin as it is the original and the one and only. But there is still people who will choose to support and pump that forked Bitcoin Gold because they are thinking that they will make a profit out of it, let's always hope for the better improvements of Bitcoin in the next years and let the haters do their jobs in spreading bad vibes.

I'm just wondering if the upcoming fork gives bitcoin gold in the case the bitcoins are in a segwit type address and not in a legacy address. I have read a lot about this fork, but found nothing about this specific question. Anyone has any idea, please let me know, thanks!

How do you know that this "upgrade" is essential? How do you gauge whether it's really an upgrade, or if it will actually degrade the network? If it ends up significantly splitting the network, I don't see how it could possibly be an upgrade.


Don't you see the disconnect in your logic here? You can't support only the original Bitcoin but also support Segwit2x. Bitcoin Gold and Segwit2x have a lot more in common than Bitcoin has with either of them.

That is my question. I know that there are scaling problems on bitcoin, and maybe one day some coin would overtake btc like how Myspace got overran by Facebook. Innovation is inevitable. I have doubts on what chain should I support and what I see the community has divided opinions on this.

Could you please further explain this? I don't have a lot of knowledge on the blockchain technology but an overview would be appreciated.

I have the same question.  Posting so I'll see replies.

BTC gold sound new to me and I have no idea what is coming new fork in Nov 2017. some people are afraid if the hard fork in some reason but the Btc community will support them  and accept  these new altcoin. Don't worry if the price if it is going to decrease it will not affect but you gonna hold you BTC for awhile until the price is pump. Support the new BTC gold it will help to the BTC community.

Ok, first comes the Bitcoin Gold fork, nothing but a courageous attempt to challenge current Bitcoin ecosystem with an instinct of POW. This won't withstand Bitcoin and soon become another altcoin.
Now S2X. I have seen #No2X trending on Twitter. There is considerable opposition to its implementation which I didn't expect after successful Segwit locked in. Well every opinion matters and let see what happens. It is more of miners' fork than users' fork. Currenly it is time to enjoy Bitcoin rise due to BTC GOLD possible fork. ;D

It seems to me that bitcoin gold will fall, but how much do you think it will cost?

You can participate if you already have bitcoin. I just think it's pointless to buy it.
On a freebie to hope it is not necessary

Indeed since most of us have Bitcoin already we just need to participate and get the freebies. I am not supporting Bitcoin Gold neither the Bitcoin Cash but those hard fork made Bitcoin stronger and more pricey. If hard fork will make the price of Bitcoin sky rocket then keep it coming every month many people will become happy.

I support BTC. But I want all the coins had a long and happy life. It will always be our insurance. Monopoly on the bitcoin cryptocurrency market is not good. Each coin is worth someone's fate. Let all will be well and then the world will become better. We coexist with different national currencies. Why, then, the prosperity of one cryptocurrency should lead to the death of the other cryptocurrencies.

What I see is that segwit2x has a political agenda into it, what I worried about is that they are still keeping mum on the opposing devs. Seems a devil tactic waiting for a bomb explosion.


have read with this thread, https://bitcointalk.org/index.php?topic=2236682.0