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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: shade_wrath on October 10, 2017, 02:36:20 AM



Title: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 10, 2017, 02:36:20 AM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Zeeks on October 10, 2017, 03:30:39 AM
I am staying far away from this one, that's one thing I know.
Thanks for posting this.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: squatz1 on October 10, 2017, 03:39:12 AM
Well for starters, we're talking about a fork of Bitcoin-- and a fork which has gold in the name. This is a team that isn't ready to release a shitcoin, let alone a fucking fork of Bitcoin. This is without a doubt a scam, this isn't getting as much traction as BCC because it isn't BCC and no one cares for it.

I wouldn't even call it a well thought Scam, if we're able to see through it this quickly then the thing is pretty blatant.

It'll fail hard, and fail hard I hope it does.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Doublelucky on October 10, 2017, 03:43:52 AM
Of course it's a scam. It's a huge cash grab.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: GabrielKiara on October 10, 2017, 03:59:55 AM
It does look like a scam but for now just look at the process for now. Who knows?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: vit05 on October 10, 2017, 04:11:52 AM
This need to be more spread. It is a Scam, just that. People could make some shit and lose funds because of this confusion. There are a lot of people that are thinking the segwit2x for is Bitcoin GOld.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: cicio on October 10, 2017, 06:34:29 AM
obviously its a ascam... but the point is not this... the point is that even if most comunity agree with this... at the same time it sell alts for holding btc. this is the best way to ruin the prestige of btc: if we go on in this way, "we" could introduce a btc fork every couple of mouths... why not?? its the comunity that make real or fake some scam. if everybody (like me) wouldnt sell alts to have more btc just to pick up scam coin, they would stop to get in the marker such a fork. Comunity its a delusion one more time... like the fork in august... but its the reality.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 10, 2017, 06:48:47 AM
In the end all the blames goes to crypto Community who are always looking for cheap and easy money. Assuming that BTG is scam, people will still pile up BTC just to get Free BTG. This never ending thirst will bring more shit coins which are based on BTC.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: fedor3327 on October 10, 2017, 07:05:43 AM
No one knows really. Just like what happened with Bitcoin cash.

I am personally not at all interested in Bitcoin gold. For the guys going for this, for their sake I hope I am wrong.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Lord casanova on October 10, 2017, 07:13:18 AM
looks suspicious. maybe this will turn out as a scam. thanks for alerting us


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: AmodeusLex on October 10, 2017, 07:14:09 AM
Thanks. Its really scam.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: halisakal on October 10, 2017, 07:24:07 AM
because of what went the growth of bitcoin?what, suisan such growth, the market whales come?or is it because of the outlining hard forks?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: FiliOrangGila on October 10, 2017, 07:26:18 AM
same with BCH, bitcoin gold can release if hardfork can split
after split , much miner mining bitcoin gold same with BCH, without split without miner, bitcoin gold never release


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: verifyas on October 10, 2017, 07:27:02 AM
Thanks for sharing -- definitely looks like a scam to me. I mean seriously, look at that domain list


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Herbert2020 on October 10, 2017, 07:27:43 AM
i've got 2 things to say here:

1. replay protection:
the coin is not yet released that you are talking about it. it is not even close to being released yet. for all you know they will implement a strong replay protection like BCH.

2. premine:
that makes this an altcoin like hundreds of other altcoins. scam? if that is the criteria then ETH is the biggest scam in history of altcoins, it had 72,000,000 coins premined and that was almost all the ETH tokens in existence.
i am not defending BTG though, i am just pointing out that premining is a perfectly common thing among shitcoins like ETH and BTG and all the others like it. and apparently community doesn't consider them as "scams".


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ask on October 10, 2017, 07:34:13 AM
I am not interested in this "Bitcoin Gold" thing. Useless for me.
I will not support or trade this coin.
I don't call them scam but its not for me.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Filmmmakerr on October 10, 2017, 07:36:53 AM
Everyone says its a scam and it sure as hell is starting to look like one. However, BCH was considered a scam and many people profited big time from that so I'm sure you can still make some money. I just wouldn't hodl.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: unusualfacts30 on October 10, 2017, 07:40:25 AM
At the end of the day it's market who decides what goes up and what goes down. People were saying BCC was a scam but look at it now, it's stable and well above ETH price at the moment.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: intrader on October 10, 2017, 07:46:38 AM
As long as can make money from it since is was free


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: halisakal on October 10, 2017, 07:52:26 AM
hi all! the emergence of a new coin is Scam?a lot of people it been there?what is the prospect for it in the future


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: fedoralite on October 10, 2017, 07:56:15 AM
Nope I don't think its scam since its free and the people will dictate on this on what would the fate goes for the bitcoin gold and if people selects to hold it then this alt will earn a good future but if people would do a receive dump schemes then this coin will be sorry. But we should be careful since might there are some manipulators that will manipulate it and we will be trap at the peak price if we buy immediately.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Minor Miner on October 10, 2017, 08:19:30 AM
I don't think they are scam too. I suppose that so huge premine is not healthy for crypto at all. But I would be glad if they are succeed.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Tyr808 on October 10, 2017, 08:44:13 AM
BTG is the reason most altcoins are losing terrain and BTC is soaring.. and this might continue for the next couple of weeks. There's lots of expectations on this. After the ups and downs of Bitcoin Cash (now getting wrecked), people expect to be able to make good bucks on 25th October expecting exactly what happened with BCC.
But I doubt it. BTG is structurally different from BCC (weaker IMO) and arrives in a moment where BTC is stronger than ever in terms of being the 'one and only'. All in all I would say BTG isn't a scam but perhaps sort of a cash grab.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Yuuto on October 10, 2017, 09:22:24 AM
It could well be - i mean there are absolutely no guarantees when it comes to altcoins that are posing as bitcoin forks that add no real value to the bitcoin ecosystem whatsoever. They are most likely to be profit making schemes for the founders, if not just an outright scam.

What you said was very interesting. The premine that they attempted was a very large amount.

I'm not sure - i mean, you get free coins. But i wouldn't put any of my own money in.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: prosonoob1992 on October 10, 2017, 09:28:28 AM
I think its free, i love free coin :D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: HardFireMiner on October 10, 2017, 09:43:05 AM
Having it premined makes it a scam, so I agree, Bitcoin Gold is a scam and deserves to be in the trash can.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: UAE Seasider on October 10, 2017, 09:51:59 AM
I also read the reddit article and really had no idea what to make of it, if it turly is a scam how can it have gained so much traction and publiticy in such a short time and why had nobody else from all the hundreds of crypto journalists made a big thing about it already?

I am not really interested in it myself and certainly wouldn't sell any of my recently completed ICO altcoins to jump on bitcoin.

I have a bitcoin core wallet on my own computer and if I suddenly find I have an additional coin I will sell it, that's about as much as the excitement gets on  Bitcoin Gold for me


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rafter_01 on October 10, 2017, 10:00:02 AM
Hype might take BTG quite high.

Definitely killing off the altcoins at the moment. (Good time to buy)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Ging on October 10, 2017, 10:01:16 AM
thanks for the post it undoubtly shows that you got in detail.but still do you think this fork effect the price of BTC ? i mean  the fork will take place in the next 25 of october and yesterday btc reached 4800.  


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rally on October 10, 2017, 10:01:52 AM
I heard a lot of opinions that bitcoin gold scam. The real hardfork is segwit2x, not bitcoin gold


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Bolt Brownie on October 10, 2017, 10:03:20 AM
Are you sure bitcoin gold has no replay protection? I kept hearing from every sources I come across that bgold has replay protection, and that it will be just a normal fork like bcash was. The fork that has no replay protections is the segwit2x fork, but that one will onle happen in November. As usual I will take my time to analyze all these things. Don't know if it is a scam or not. If it gets safe to claim them I will do it, and then I will just sell them if they ever get listed on exchanges, so I'm not really worried about this.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: romec1701 on October 10, 2017, 10:03:54 AM
Bitcoin hard forks are incredibly damaging for the future of cryptocurrency. The issue is the FUD it spreads to those outside of cryptocurrencies when they hear about what is going on (how can value be created out of nothing). Imagine if USD had a hard fork, or GBP or EUR. It would be crazy.

This and the fact that many new users can get very confused and lose funds if they dont understand replay protection, private keys etc.

The WHOLE community has a duty to try and prevent these things from happening, if it keeps on going then the outside world will lose all faith in cryptocurrency and thats the end of the ride.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: dreamer81 on October 10, 2017, 10:05:02 AM
Ya know what? I'm not even going to extract my "bitcoin gold". I'll just leave it, and let it die. The price will fall so fast to 0.0000000001 that no one cares about this crapcoin.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: lourdzwess on October 10, 2017, 10:16:13 AM
Bitcoin Cash, Bitcoin Gold....what's next? Bitcoin Silver?? this hardfork is all just confusing now. These new coins are creating stability, chaos and eminent crash!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rally on October 10, 2017, 10:23:48 AM
at what price can bitcoin gold be counted a week after hardfork? I think not more than $ 100


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: diguyo on October 10, 2017, 10:26:34 AM
I don't know about the use of 'scam', but I think it's a ploy to make money for sure...and plenty of others will benefit from it as well. Personally, I'm not planning to join in...free or not, I'm not playing with my BTC security.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Filmmmakerr on October 10, 2017, 11:23:00 AM
Ya know what? I'm not even going to extract my "bitcoin gold". I'll just leave it, and let it die. The price will fall so fast to 0.0000000001 that no one cares about this crapcoin.



We'll see if you feel the same with Bitcoin Gold hits $1000 and above  ;) ;D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: cammeyz on October 10, 2017, 11:48:34 AM
Hopefully the scamcoin will dump and die quickly imo...might deter all this forking buisness for a while.

I'm no cryptowiz but im predicting it'll be worth very little since the news is out of how much of a scam it is...$5 or less after huge dump.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CTO@MyBitMine on October 10, 2017, 01:35:47 PM
Well probably this is a really scam, and personally I'm not interesting in this anymore. Howewer we can be wrong and it's not scam need more research.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 10, 2017, 01:36:43 PM
As I said in my post, I am sharing the article and the actual efforts and findings are done by EnviousArm (Reddit user), he deserves the credit to do all the work and highlight. I have posted the link in thread to actual reddit post, you can post your questions there and see how the discussion turn out to be.

Problem with our community is everyone want free coins, they dont really care at whose expense they will get it. BCC atleast had given lot of clarity and details about fork. Unlike BTG, on whose website there is nothing mentioned!

Every person has his/her own choice. Whatever you decide to get involved or not, its your own decision and the profit/loss will be your's only.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Aureliusy on October 10, 2017, 04:21:17 PM
Please Rebrand to Bitcoin Pyrite  aka Bitcoin Fool's Gold


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: AiloveYouks21 on October 10, 2017, 04:30:04 PM
Well probably this is a really scam, and personally I'm not interesting in this anymore. Howewer we can be wrong and it's not scam need more research.
if you are not interested in fork, then if you have bitcoin gold please send it to me, but I am sure you will not do it because surely you will sell it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: stripykitteh on October 10, 2017, 04:33:18 PM
Well probably this is a really scam, and personally I'm not interesting in this anymore. Howewer we can be wrong and it's not scam need more research.
It really doesn't look like the people working with Bitcoin Gold is planning on scamming a bunch of people. I think that they are actually looking for issues within the network of btc.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CryptoBuds on October 10, 2017, 05:34:40 PM
I hope it's not a scam. It will be great alternative to mine when ethereum will change PoW algorithm to PoS.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: EthereumPY on October 10, 2017, 06:12:42 PM
Bitcoin Cash, Bitcoin Gold....what's next? Bitcoin Silver?? this hardfork is all just confusing now. These new coins are creating stability, chaos and eminent crash!

BTsilver, BTbronze, BTvisa, BTmastercard and so.....


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitorama on October 10, 2017, 06:17:29 PM
it's not a scam, but a new altcoin


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: solarion on October 10, 2017, 06:24:16 PM
I hope it's not a scam. It will be great alternative to mine when ethereum will change PoW algorithm to PoS.

Thinking same. I don't know how we can consider that btc gold as scam. Moreover, it is the upcoming coin which gonna be introduced in future in next month. Now we can speculate the vale of the coin in starting time or after that but mention that as scam and all too much.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: danherbias07 on October 10, 2017, 06:28:49 PM
Its just another way for thrm to create money. Those who have lots of bitcoins are already profiting from fluctuations and now this.
Really, greed can be seen to those people.
They are already rich and want to get more richer.
Good thing is they wont be taking it to their graves.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: thycrypto on October 10, 2017, 06:33:57 PM
Not only a scam, all alt coins were at a very low pont. Many investors that the opportunity to buy low while the bitcoin was rising. A tatic that was probaly thought out.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: peter888yeo on October 10, 2017, 06:59:07 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.)




thanks for the info......:-)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Orange Guy on October 10, 2017, 07:11:48 PM
To early so be sure. We will have to see in the future what happens


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Vatimins on October 10, 2017, 07:15:40 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).



Well, I really am not the kind of person that judges people that easily, but with this one, looking at the things that you have stated/provided, I really am now having second thoughts about this project even more. I used to not think of this as a scam yet, and just thought that it is still trying to make progress but damn. You made it pretty clear with this one mate.

Thanks for sharing this great information with the community man. Great job.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: sunk818 on October 10, 2017, 07:25:50 PM
btg is supposed to use a new algorithm so sha256 hashing isn't controlled by a few groups in China.

So if we free btg because we have btc, can't we just sell btg for btc and be done with it? You just made some extra money for free and no risk? Seems like this will be a problem for the foreseeable future... let the market decide while newbies get confused...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: twofreckles on October 10, 2017, 08:21:31 PM
There are many fishy things about it. I'm not here to judge.

However the idea speaks to me. I mean BTC indeed seems to be more centralized and controlled by big asics farms. Bitmain as a biggest of them all. Isn't it killing the initial idea of BTC being decentralized? Changing algorithm to asic resistant would solved it ?. IMO if thats a scam then something similar but legit have a great potential and great chances of success. 


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: keyzersoze on October 10, 2017, 08:41:38 PM
Response to the recent missinformation, from their Twitter page.

http://btcgpu.org/btgdev-response.pdf


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Kumic on October 10, 2017, 09:15:58 PM
obviously its a ascam... but the point is not this... the point is that even if most comunity agree with this... at the same time it sell alts for holding btc. this is the best way to ruin the prestige of btc: if we go on in this way, "we" could introduce a btc fork every couple of mouths... why not?? its the comunity that make real or fake some scam. if everybody (like me) wouldnt sell alts to have more btc just to pick up scam coin, they would stop to get in the marker such a fork. Comunity its a delusion one more time... like the fork in august... but its the reality.


Nice point. We had eBTC token and it was good for a quick cash even it has no value. If Bitcoin Gold has no value as a coin he will get some atention for sure.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Mett33 on October 10, 2017, 09:19:26 PM
Bitcoin hard forks are incredibly damaging for the future of cryptocurrency. The issue is the FUD it spreads to those outside of cryptocurrencies when they hear about what is going on (how can value be created out of nothing). Imagine if USD had a hard fork, or GBP or EUR. It would be crazy.

This and the fact that many new users can get very confused and lose funds if they dont understand replay protection, private keys etc.

The WHOLE community has a duty to try and prevent these things from happening, if it keeps on going then the outside world will lose all faith in cryptocurrency and thats the end of the ride.

Agree with you!

Hard fork should be like eth is doing now, just improvement. Not every update make a new coin. If we continue like that will be 60-70 version of Bitcoin with same name in 10 year.

People will be really confuse.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Leonbtc on October 10, 2017, 09:21:59 PM
Dont know why but I have no good thoughts for Bitcoin Gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: fredforthewin on October 10, 2017, 09:23:16 PM
We are still yet to determine if all cryptocurrancies are scams or not.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: subG on October 10, 2017, 09:26:51 PM
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it.  I don't think Bitcoin Gold will be worth much.  It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork.  They will be losing out on much more money from the altcoins that they sold will rise back up again.   


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Zakhal on October 10, 2017, 09:34:17 PM
We might see reversal of bitcoins growth if these news spread. Certainly this new fork is nothing compared to the previous one. That actually had some major companies backing it up.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: twofreckles on October 10, 2017, 09:35:04 PM
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it.  I don't think Bitcoin Gold will be worth much.  It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork.  They will be losing out on much more money from the altcoins that they sold will rise back up again.  

If bitcoin gold will prove itself a legit I think it will be worth way more than btc cash...  I agree about BTC dropping, question is if it happens after 25th or maybe after second hard fork... Alts then will sky rocket IMO.

We might see reversal of bitcoins growth if these news spread. Certainly this new fork is nothing compared to the previous one. That actually had some major companies backing it up.

This one will have an army of GPU miners behind it...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 10, 2017, 09:55:04 PM
Sure sounds scammy as hell, or at least amateur hour.  I mean one developer, seriously?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 10, 2017, 09:55:47 PM
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it.  I don't think Bitcoin Gold will be worth much.  It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork.  They will be losing out on much more money from the altcoins that they sold will rise back up again.  

If bitcoin gold will prove itself a legit I think it will be worth way more than btc cash...  I agree about BTC dropping, question is if it happens after 25th or maybe after second hard fork... Alts then will sky rocket IMO.

We might see reversal of bitcoins growth if these news spread. Certainly this new fork is nothing compared to the previous one. That actually had some major companies backing it up.

This one will have an army of GPU miners behind it...

Only if it's worth a lot of money.  There are plenty of mineable altcoins that are not even close to being worth mining.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 10, 2017, 09:56:54 PM
Those selling off their altcoins just to receive some Bitcoin Gold after the fork will regret it.  I don't think Bitcoin Gold will be worth much.  It will be worth less than Bitcoin Cash and the price of Bitcoin will also probably drop some after the fork.  They will be losing out on much more money from the altcoins that they sold will rise back up again.   

I'm expecting a huge drop right after people get their Bitcoin Gold.  I've been wrong before though.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ledsgo on October 10, 2017, 09:57:28 PM
Thanks for this article, its good to tell everyone about this.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Argoo on October 10, 2017, 09:58:27 PM
In the end all the blames goes to crypto Community who are always looking for cheap and easy money. Assuming that BTG is scam, people will still pile up BTC just to get Free BTG. This never ending thirst will bring more shit coins which are based on BTC.
Indeed, many will want to get a free coin called Bitcoin Gold. Moreover, it is supposed to cost not less than $ 500. Well, if it proves itself to be bad in the future, then everyone will be able to reset it. Therefore, I see no reason for concern and accusation.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tsaroz on October 10, 2017, 10:01:15 PM
It's well thought that's sure. And I believe it's not good to fork a currency and advertise without adding any significant difference.
Bitcoincash said they would fork but didn't advertised their coin as the gold. But again as it depends on the holding of BTC which is mostly diverse and anonymous, I don't think it could be called a scam.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 10, 2017, 10:03:36 PM
Is there hard information out there on the developer of Bitcoin Gold?   If it's someone that no one has ever heard of that's a huge red flag.  I have read that Jack Liao of LightningASIC is leading it, which is interesting, maybe this is a plot to increase GPU miner sales.

Have any exchanges announced they are adding it yet?




Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: voghera on October 10, 2017, 10:04:37 PM
I'll just sell my free Bitcoingold  ;D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 10, 2017, 10:06:04 PM
I'll just sell my free Bitcoingold  ;D

I'm not touching BTG until it's been proven it's safe from replay.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 10, 2017, 10:07:07 PM
In the end all the blames goes to crypto Community who are always looking for cheap and easy money. Assuming that BTG is scam, people will still pile up BTC just to get Free BTG. This never ending thirst will bring more shit coins which are based on BTC.
Indeed, many will want to get a free coin called Bitcoin Gold. Moreover, it is supposed to cost not less than $ 500.

That's the price they set, 10 BTG for 1 BTC.  You'd have to have money to burn to do that, IMO.

It's going to be an interesting few weeks.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Mett33 on October 10, 2017, 10:11:55 PM
Sure sounds scammy as hell, or at least amateur hour.  I mean one developer, seriously?


Yes, but they hiring the second one I read  ;D

how people are blind when you say I give you something for free.



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Jonsnowstark on October 10, 2017, 10:43:37 PM
Wow that's a good read. Thank you for the warning. People would really want to take a bite of free money, who wont? Oh well when you think about it believing in this scam won't harm anyone unless they sell all their altcoins at a very low price just to have more bitcoins. I hope it won't turn out a scam though.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: billysunday2000 on October 10, 2017, 10:48:55 PM
I am thinking bitcoin is going up right now because people want free bitcoin gold. 

I don't think bitcoin gold will amount to much.



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Renai0925 on October 10, 2017, 11:22:36 PM
That's one good read and has some valid points although at the end of the day it still depends on what people want. It has red flags for being a scam coin true but people want free coins. If you want to sell your alts for this then go right ahead. If you don't want Bitcoin gold and afraid of replay attacks then lie back and let it all settle down before transacting. Me i'll sell half then hold half to diversify. One side has to be right, right?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 11, 2017, 02:16:47 AM
I am thinking bitcoin is going up right now because people want free bitcoin gold. 

I don't think bitcoin gold will amount to much.



Nor do I.  One developer?  I could have done this project in my spare time.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: banhmycoin on October 11, 2017, 02:18:06 AM
bitcoin gold will push the price bitcoin increase . i think so . no coin can replace bitcoin .


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: vit05 on October 11, 2017, 03:06:08 AM
They didn't answer any question. Just promising...

https://drive.google.com/file/d/0B2-g_coTRnPnNlM1R2F3am9CeWc/view


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 11, 2017, 06:18:12 AM
It's not even a well thought out scam.  If it was well thought out they would have a nice web site, a real whitepaper, and some well known backers, and at least try to portray a larger dev team.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitkanu on October 11, 2017, 06:25:57 AM
It's not even a well thought out scam.  If it was well thought out they would have a nice web site, a real whitepaper, and some well known backers, and at least try to portray a larger dev team.
This seems to be another junk coin, well a lot of people are saying about bitcoin gold in these days that will generate from the bitcoin fork, is this related to that? or just another altcoin and you can mining it use gpu.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: DannaWond on October 11, 2017, 06:30:15 AM
even other coins before was like a scam, it will depend if people will use that coin and if demand will be high.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: publicjud on October 11, 2017, 07:06:50 AM
It does not matter scam or not. For me it's just free money. I'll sell it all right after the hardfork. As we can see bitcoin cash is scam too, but this fact did not stop to make money with it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 11, 2017, 07:11:31 AM
It's not even a well thought out scam.  If it was well thought out they would have a nice web site, a real whitepaper, and some well known backers, and at least try to portray a larger dev team.
Haha .. I totally agree. But why you need all that when you are child of Father of all Crypto's? They are just saving more money to themselves to avoid all that. Eventually they will just dump everything onto Poor buyers and keep on mining this Shit coin by using all the Ethereum farms when Eth fork later this year or next year from POW to POS! 


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: panju1 on October 11, 2017, 07:40:25 AM
Nope I don't think its scam since its free and the people will dictate on this on what would the fate goes for the bitcoin gold and if people selects to hold it then this alt will earn a good future but if people would do a receive dump schemes then this coin will be sorry. But we should be careful since might there are some manipulators that will manipulate it and we will be trap at the peak price if we buy immediately.

There is no replay protection. If you decide to go ahead and sell your 'free bitgold coins, there is a chance that you will lose your Bitcoins too. It is a scam because the people behind the coin have been dishonest and aim to profit from it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: feelideb on October 11, 2017, 07:59:17 AM
My stand is this; the negative vibes of folk and bad reputation of the scam artist behind bitcoin gold is putting everybody investment in bad light. And the security risk of this folk is unnecessary . I am selling all my bitcoin. I will come back after the folk if it is successful that is.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CryptosapienZA on October 11, 2017, 08:04:39 AM
Thank you PO for this info, and all thanks to the Reddit user who did all this research. To be honest I like it when all these forks start making all those who were against BCH start singing praises for bch. BTG sounded like a scam from the beginning. I remember watching a video about it on YouTube last month, as soon as I heard premine, my antennas raised high. We all need to exercise precaution, getting a few coins is not worth risking our portfolios in the end.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: deadmousehat on October 11, 2017, 09:00:52 AM
Well probably this is a really scam, and personally I'm not interesting in this anymore. Howewer we can be wrong and it's not scam need more research.
even if it's a scam or not i don't care I just want that free coin and then I will sale it.
And I'm sure you will do it too  ;D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: DaedRik3 on October 11, 2017, 09:41:45 AM
If majority think this is a scam and want free cash, this will be a huge dump and not a lot of free cash...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bryant.coleman on October 11, 2017, 10:03:14 AM
If majority think this is a scam and want free cash, this will be a huge dump and not a lot of free cash...

A lot of the guys were having similar opinion even before the Bitcoin Cash (BCH) fork. But what happened when the coin started trading? There was a huge pump instead of a dump. In exchanges such as YoBit and Bittrex, the exchange reached BTC0.30 per coin after a few hours of its listing, eventually settling at around BTC0.15 per coin.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Gutenhans on October 11, 2017, 11:54:31 AM
i just hope the replay protection it's not implemented at all or quick enough so i can buy 1 bitcoin plus 1 bitcoingold at the price of.... you guess it 1 bitcoingold :))

just exploit the security issue and get rich!

PS don't spread the word!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Wilks on October 11, 2017, 11:57:08 AM
Seems scammy to me. Is replay protection not confirmed?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: kimamaxgreen on October 11, 2017, 12:00:09 PM
We'll see how it goes. Sometimes it's the market that decides for the success of such coin. For the meantime, let us see what we can gain from this one.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitdos on October 11, 2017, 12:12:11 PM
NO2X !!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 11, 2017, 06:10:44 PM
Well probably this is a really scam, and personally I'm not interesting in this anymore. Howewer we can be wrong and it's not scam need more research.
even if it's a scam or not i don't care I just want that free coin and then I will sale it.
And I'm sure you will do it too  ;D

So will everyone else.  You might make $1 for every few thousand you have in Bitcoin.  Hope you don't lose Bitcoin to replay attacks.  Can you imagine what happens if people do lose Bitcoin?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: goraset on October 11, 2017, 06:34:27 PM
%1 premine= scam ,I think.
gold ,cash, 2x all off them scam project


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: adam1230 on October 11, 2017, 06:43:39 PM
this is what i think for bitcoin gold. Its the best designed scam and for sure dev is going to buy lambo in day 1
also bitcoin cash is similar for me


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: linkin87 on October 11, 2017, 06:50:10 PM
i dont think it scam because it'll base on equidhash, mine by VGA


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: blacktux88 on October 11, 2017, 07:04:39 PM
i dont think it scam because it'll base on equidhash, mine by VGA


not all has to be scam , be carefull

 ;D ;D ;D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Cranidos on October 11, 2017, 07:14:37 PM
I don't really care whether this BTG is a scam or not. But there is something I am gonna do about it and that is not supporting it at all. I won't even trade it and I have more important things to do than waste my time on this another alt. I'd rather spend all my time with btc and eth and some other promising alts than this new one. Let's see what will happen to BTG soon as it is distributed. I think more people will dump it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Sirait on October 11, 2017, 08:04:21 PM
thank you for sharing the news about Bitcoin Gold, the price is too huge ,
I doubt if Bitcoin Gold will succeed in the market, ???
but who knows, could Bitcoin Gold will surpass the price of Bitcoin Cash,
now we are like gambling, lol :D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: vfrcbv911 on October 11, 2017, 08:28:21 PM
You have done an incredible job. Thank you warned us, now I will stay away from the BTG.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 11, 2017, 08:39:47 PM
As a GPU miner I'd really like to see BTG succeed and was excited about it before I learned more about it.  It's really too bad Jack Liao didn't put together a real team and some marketing behind it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Ging on October 11, 2017, 09:02:13 PM
i dont think BitGold it is. gold is the global economic measurement it has an arrangement with The Brinks Company which access to vaults located in Toronto, London, Zürich, Dubai, Singapore, it is clear that bitgold will be a superior currency


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: aencarnaci on October 12, 2017, 11:28:14 AM
I am staying far away from this one, that's one thing I know.
Thanks for posting this.
LOL. Any wise man will know that BCG is a huge sham and even the brother is a more big sham. They are both going to fall pretty hard with their skulls shattered. The free cash is good anyway, no doubt and that is just the only thing BCG and 2x will just be good for.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 12, 2017, 12:52:36 PM
Do you think that the sudden rise in Bitcoin price has anything to do with the impending Bitcoin Gold fork ?
It looks like a good time to buy some more Bitcoin in the anticipation of getting free Bitcoin Gold, just like with Bitcoin Cash.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: dumplingsandsushi on October 12, 2017, 01:11:00 PM
No way, this is the worst time to buy btc.

BTG has ALREADY BEEN IMPLEMENTED and is being mined right now.
There is no relay protection, no wallet, no credible established team, minimal information from them, lots of initial supporters dropping out.
Straight scam is possible, they release a wallet that phishes your keys and your BTC is gone, they sell that BTC because all these fools selling their alts are pumping the price, BTC crashes yet again, etc. etc.

Even if it's not straight up scam, this isn't anything like BTH.  Their is no relay protection in place, you are not guaranteed to get BTG, in theory you can, but I'm thinking it won't be anything like BTH where you can get your new bitcoin wannabe and sell it on an exchange for 500 dollars each immediately.

With that being said, don't  be foolish: buying high was never a good strategy in any kind of investment.

Pick an alt with low market cap, that has active developments in the next month or so, is dipping in price right now, and move your money there.

Now this is where the newbie gets to shill some coins!

OMG, ARK, OX, and Waves!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ekoice on October 12, 2017, 01:23:09 PM
The impact of bitcoin gold would be much less when compared to bitcoin cash.It does not have miners support since it recommends change of algorithm so that even it could be mined with GPU.They even term it as that bitcoin would return to true decentralization.

Now,it has almost become a trend to do hard forks and create a useless shitcoin.Just they are doing this to fill their pockets.Even more people of bitcoin community have also become eager to welcome such hard forks so that they could get some free coins.They don't even feel that it is spoiling the reputation of bitcoin totally.

One thing we could say is,that it is definitely going to be a failure.BU creators have set a very bad example by doing the first hard fork.Roger ver must be criticized for it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Texacha on October 12, 2017, 01:48:55 PM
Now,it has almost become a trend to do hard forks and create a useless shitcoin.Just they are doing this to fill their pockets.Even more people of bitcoin community have also become eager to welcome such hard forks so that they could get some free coins.They don't even feel that it is spoiling the reputation of bitcoin totally.
I totally agree with this!
However, I would like for BTG to succeed and become strong coin, because it is mined by GPUs, ASIC-resistant, "people's coin", but with every day passing, I believe less in that.  ::)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Karen23 on October 12, 2017, 02:17:47 PM
For now, no one really knows.  Like the bitcoin cash and other new cryptocurrencies in the market.  At first everybody is doubting it but if its airdrop everybody wants to participate, everybody wants to have it.   If it's not free everybody would research if they are going to participate or not.  The market and people really are the one who would gives value to a coin. If the project is good but the people failed to see it then the value losses its purpose, its value when it drops then some will call that coin a scam, worthless, etc. 


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: peteycamey on October 12, 2017, 08:29:35 PM
I dont care if its a scam or not. thats investors job to decide.

As a miner I will mine it like there is no tomorrow and sell it :)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Willitivity on October 12, 2017, 09:23:04 PM
Thanks for this great piece of information.
Basically, this Bitcoin gold news has affected the market in so many, we see people pulling out ROM ALTs to BTC just get some free BTG.
I have always had my disbelieve with this fork unlike the BCC. I just hope people would read this and know what decision to take.
But on the other hand, if it turns out to clear our doubts, then it's a good venture.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: cynical on October 12, 2017, 09:24:10 PM
well this is an interesting thread, thanks for posting, I was not going to get involved with bitcoingold, i will be getting rid of it for sure. the important line i take from the op is don't buy bitcoingold, dump it


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: pearlmen on October 12, 2017, 09:32:36 PM
Even though I don't understand the technicalities surrounding what Op is trying to explain but at the same time its very much a welcome idea that one needs to be extra careful especially into the keeping of funds safe. For me, I am not jumping in to any decision in regard to btg I would wait enough until its being addressed as the project administrators and the forum admin as well. Its better to be late than not getting anytihinf at all.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: feelideb on October 12, 2017, 09:37:29 PM
You think bitcoin gold is a scam! You wait until it start to trade in half bitcoin value. If indeed you believe bitcoin gold is a scam, do not buy bitcoin. Do nothing and let the fork pass and start to buy bitcoin. Good luck


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ALX3K on October 12, 2017, 09:57:02 PM
I think BTC GOLD will end like ZCash, a good coin with good ideas.

But when a coin is overmined  like zcash with gpu rigs/cards people sell fast to pay electricity bill.

this mean, massive price drop after 4 weeks or faster. Because all zcash miner can switch now to the BTC GOLD equihash.


Maybe good for ZCash ;)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: btcprospecter on October 12, 2017, 10:04:18 PM
Bitcoin gold is one I'm going to wait and watch from a distance there is alot of debate about it and people have opinions that it is a scam. For me I'm going to try and side step this one and just see how it plays out.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Diced90 on October 12, 2017, 10:09:28 PM
lol you have to give them some credit for trying but honestly these forks and airdrops of generating money from thin air are the things our central banks will despise about bitcoin, I hope this will be trashed as we do not need another bitcoin doppelganger to slow down the momentum.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: wihoe on October 12, 2017, 10:18:28 PM
I do not think so, but I am not sure if they will be stay in the market in a good position though.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ImHash on October 13, 2017, 03:23:49 AM
Bitcoin dark/ XBTC/ BCC/ BCH/ this house is bitching :D I never claimed any of them other than BCH because the money I could get was a turn on amount :D good thing bitcoin devs didn't switch to POS or Satoshi didn't ICO the coin. 200,000 pre-mine is nothing compared to 1M but there is no need for ICO, I know there is no government to issue these coins, the scammers think they are the government.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 13, 2017, 02:19:58 PM
To sell or not to sell, that is the question.
Should I sell my Bitcoin now, as the price is scarily high and this bubble may soon burst, or should I wait to get my share of Bitcoin Gold and sell the Bitcoin Gold hoping that Bitcoin will not drop; decisions, decisions..


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Aureliusy on October 13, 2017, 08:22:12 PM
They are just re branding something (ASIC resistance) in 2017  that has been the main focus of Vertcoin (VTC) since 2014.
This all under the name of BTC and their logo (That is some mighty fine Brand Leeching)
I hope it will implode with the explosive power of a supernova.
The crypto market does not need these kind of money scams. Contributing nothing more than personal gains garbage. No technical innovation. No need . Just
LEECH LEECH AND LEECH
 


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rehydrogenated on October 13, 2017, 08:36:50 PM
I'm amazed that anyone thinks Bitcoin Gold isn't a scam. The first thing I thought after BCC was, wow now everybody gonna do a hardfork of everything and see if it catches on.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: moinul018 on October 13, 2017, 09:20:24 PM
Thanks a lot for posting it. I will stay out of it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CrypticSatu on October 13, 2017, 10:04:16 PM
lol you have to give them some credit for trying but honestly these forks and airdrops of generating money from thin air are the things our central banks will despise about bitcoin, I hope this will be trashed as we do not need another bitcoin doppelganger to slow down the momentum.
Central banks generate money out of thin air themselves so they should be well adjusted to it allready.

Bitcoin gold does not have backing of the big mining companies. It will be like bitcoin cash except less valuable. The only good thing about is that homeowners might be able to mine it with regulars gpus. That might rise its value abit.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: coleman268 on October 13, 2017, 10:08:20 PM
Yeah I was extremely skeptical about Bitcoin Gold when I heard they started the fork in early october and how they're already at 16000 blocks in order to sell some Bitcoin Gold to investors. Definitely should stay away from that coin


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Haslett5236 on October 13, 2017, 10:39:06 PM
maybe we should have bitcoin Silver soon , i don't know why they are interested the bitcoin's folk coin ,

i just hold my bitcoin and sell out other garbage,


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: XbladeX on October 13, 2017, 10:41:29 PM
No one knows really. Just like what happened with Bitcoin cash.

I am personally not at all interested in Bitcoin gold. For the guys going for this, for their sake I hope I am wrong.

we will see what will be .
Premine is not that bad to cover some costs and promote coin.
Bad part is that we will find out i after some months after ICO what those people will deliver or if they will deliver at all : )


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 14, 2017, 12:40:26 AM
Some interesting news about the impending Bitcoin Gold fork; do not hold BTC on exchanges like Coinbase & Bitpay as you are in great danger of losing your BTC altogether.
Interestingly the Electrum wallet is recommended as a store for your BTC, but no mention if it's good for Bitcoin Gold.

"
The signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin. The best way to ensure that your BTC is protected is to download the latest version of Bitcoin Core and transfer out any BTC stored on services that are a signatory to this agreement. We have listed the businesses supporting this contentious hard fork at the bottom of this document.

For users who aren’t prepared to install Bitcoin Core and go through the lengthy set up process, we recommend a wallet such as GreenAddress, Electrum or TREZOR. Avoid using web wallets like blockchain.info.
"

https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: seaqrioy on October 14, 2017, 02:49:06 AM
Thank you. So BTCG is completely untrustworthy. Looks like we should stay away from BTC gold, absolutely. But is that a detriment to the BTC? Personally, I don't think it's a good thing.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: nira09 on October 14, 2017, 04:37:40 AM
I am still do not really understand with the issue of BTG, but with this issue the BTC prices rise high. in addition I am not so interested in BTG, I am more interested in the new altcoin that has the potential to rise in price


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 14, 2017, 08:19:28 PM
Some interesting news about the impending Bitcoin Gold fork; do not hold BTC on exchanges like Coinbase & Bitpay as you are in great danger of losing your BTC altogether.
Interestingly the Electrum wallet is recommended as a store for your BTC, but no mention if it's good for Bitcoin Gold.

"
The signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin. The best way to ensure that your BTC is protected is to download the latest version of Bitcoin Core and transfer out any BTC stored on services that are a signatory to this agreement. We have listed the businesses supporting this contentious hard fork at the bottom of this document.

For users who aren’t prepared to install Bitcoin Core and go through the lengthy set up process, we recommend a wallet such as GreenAddress, Electrum or TREZOR. Avoid using web wallets like blockchain.info.
"

https://bitcoin.org/en/alert/2017-10-09-segwit2x-safety

This is pure FUD by the anti-2x side.  They are just pissed that big services like CoinBase are going to support SegWit2x.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: maii on October 14, 2017, 09:29:14 PM
Maybe this is really a fraud, because we do not know what the advantages of the coin is the same thing with bcc


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: moore100 on October 14, 2017, 09:42:35 PM
Yeah it smells like scam coin! This is not the actual fork of the Bitcoin , i think that the name of this new Forked coin will not be a BTG but completely different than!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 14, 2017, 11:35:57 PM
Yeah it smells like scam coin! This is not the actual fork of the Bitcoin , i think that the name of this new Forked coin will not be a BTG but completely different than!

Of course it's a fork, the Bitcoin blockchain is going to be snapshotted.   And BTG is the symbol.

I mean, WTH?



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CrazyCreeptonaut on October 14, 2017, 11:38:48 PM
i really think that the community shoudl strongly avoid going after this hard forks and prevent this market manipulations..


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: matico on October 15, 2017, 05:29:31 AM
Scam or not, investors are taking their position on this, and this is evident by recent bitcoin price increase. Whether will like it or not bitcoin gold will fork out of bitcoin and it will distribute new coin to bitcoin holder. What I am concern about is chain split with it's security problem that comes with it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: AgatioX on October 15, 2017, 06:02:34 AM
I think Bitcoin Cash showed everyone how useless these forks are.
So the best scenario is pump and dump scheme.

Pump may be long but probably not as long as BCC one.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: acorcos on October 15, 2017, 06:22:34 AM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: linkybit on October 15, 2017, 06:33:41 AM
I think it'll go the same route as Bitcoin Cash. Another useless fork.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: RichDaniel on October 15, 2017, 06:37:53 AM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.

Yes, so many people want to do the same thing. You are not alone, after the hard fork, we will buy alts again, altcoins will go to moon again.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: subG on October 15, 2017, 06:44:37 AM
People keep saying all they want is the bitcoin gold to dump.  Ever wonder what if it's not listed on any major exchanges to dump?  If it just get's on a low volume exchange, the prices will be worthless.  Also, if there's a 200,000 bitcoin gold premine, does that mean 200,000 btc's will not receive there BTG? 


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: matico on October 15, 2017, 11:18:15 AM
See nothing is certain in crypto currency envinronment!  If bitcoin gold will fork bitcoin and there is possibilty of making some buck from it, then get in and make your money. If nothing happen then stay wuth whatever coin that is of interest to you.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Nick7815 on October 15, 2017, 11:21:58 AM
i don't think it is scam because then jaynemesis (a famous crypto-trader at etoro) would have warned. Besides of that i stay away from bitcoin gold becuase i think it's the same rubbish as bitcoin cash is. it won't survive very long


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: sheepXcat_sk on October 15, 2017, 11:35:49 AM
i don't think it is scam because then jaynemesis (a famous crypto-trader at etoro) would have warned. Besides of that i stay away from bitcoin gold becuase i think it's the same rubbish as bitcoin cash is. it won't survive very long

I wouldn't rely on one person's opinion. That said I agree that  Bitcoin Gold being scam or not, it's still rubbish. Bitcoin is popular, altcoins are up-to-date with tech. And Bitcoin Gold is neither.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Gorgeous011235 on October 15, 2017, 11:44:11 AM
I personally think it's a SCAM!
If the people behind this project are sneacky enough, they must have planned that many users would have dropped their Alts for Bitcoins while waiting for the fork.
So they could have acted like whales buying a large amount of interesting Alts on their lowest price. (what a buisness!)
Plus when the fork will be finally done and the bitcoin gold will be listed on major exchanges they will pump and dump making this way another huge profit!
That's the main problem with Crypto right now, there are still many ways to manipulate the entire buisness...whales and scammers have too much freedom and they could really make huge damages to this new economy.
We still have a lot to do.






Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Morguk on October 15, 2017, 12:06:44 PM
i don't think it is scam because then jaynemesis (a famous crypto-trader at etoro) would have warned. Besides of that i stay away from bitcoin gold becuase i think it's the same rubbish as bitcoin cash is. it won't survive very long

How you can trust a 'crypto' trader, who is actually trading CFD's on Etoro instead of trading real cryptos on exchanges baffles me. He is probably some punk that got in within the last 2 years and think's he's a pro. I wouldn't trust anyone claiming to be a 'crypto trader' on EToro.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 15, 2017, 04:51:21 PM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.

I'm just going by memory here but in the last Bitcoin fork Bitcoin cash was, initially, something like 10% the value of Bitcoin, then it shot up to about 40% Bitcoin value and now is at about 5% Bitcoin price.
I, unfortunately, sold my Bitcoin Cash at the low price - was a bit hasty there - so this time I'm hoping the same will happen but I'll hold any Bitcoin Gold I get for a bit longer before I dump it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CathalG on October 15, 2017, 05:05:48 PM
Of course it's a scam. It's a huge cash grab.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 15, 2017, 05:55:16 PM
Of course it's a scam. It's a huge cash grab.

99.x% of coins are, they have no real world usage (at least not yet).

Imagine if coins couldn't be traded but only bought and used for buying things.  There would be maybe five coins in existence instead of 1000.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: kobri0815 on October 15, 2017, 06:08:59 PM
Hmmm all I heard so far is not that good news for BTG. I was very curious about this hard fork. All i was thinking was "not another bitcoin hardfork"

Things getting to slobby and peoples going for a big laungh on that.

What's their point? GPU mining? Yeah well this one was done by e.g. Bitcore long time ago.

I think this is just a marketing foul. After that hardfork some bags will be fullfiled even more than before.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Rinaze on October 15, 2017, 06:13:42 PM
Bitcoin Cash might actually have a lot more legitimacy when compared to Bitcoin Gold. Bitcoin Gold (Not that I am implying that BCH is any more legitimate than BTC). Bitcoin Gold is the same as Bitcoin Dark, Bitcoin Plus and the countless of Bitcoin soft forks out there, except that they are trying to use the upcoming (potentially) hard fork in November to generate news and price.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 15, 2017, 08:54:49 PM
These guys raised so much money that they can easily rest on the islands right now)

Who, the Gold people or the Cash people?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 15, 2017, 08:56:11 PM
Hmmm all I heard so far is not that good news for BTG. I was very curious about this hard fork. All i was thinking was "not another bitcoin hardfork"

Things getting to slobby and peoples going for a big laungh on that.

What's their point? GPU mining? Yeah well this one was done by e.g. Bitcore long time ago.

I think this is just a marketing foul. After that hardfork some bags will be fullfiled even more than before.

Well the idea of making Bitcoin GPU mineable again has some merit but I'm not sure that alone is enough to justify it.  Bitcoin is pretty unstoppable, at least for now.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: asdalani on October 16, 2017, 08:18:36 AM
I do not think so, but I am not sure if they will be stay in the market in a good position though.
It's just another plan to get more Bitcoin for pretty much nothing. The only thing that I like about Bitcoin Gold is that more people will have to store their coins in order to get it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: squatter on October 16, 2017, 08:27:43 AM
I think it'll go the same route as Bitcoin Cash. Another useless fork.

I'm beginning to realize now that this is the point. Part of me thinks that it was even conceived/bankrolled by some of the #NO2X folks. Someone had an interesting term for what they are trying to achieve: "fork fatigue." Basically, we see fork after fork after fork (Bitcoin Cash, Bitcoin Gold, Segwit2x), and with each fork it seems clearer that the resulting coin is an altcoin. Not Bitcoin.

So, my thinking is that Bitcoin Gold is being launched to weaken the mandate of Segwit2x, and to make it appear foolish. Here's to hoping we can get some free money out of it. :P


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitcoin9999 on October 16, 2017, 07:37:07 PM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.

Yes, so many people want to do the same thing. You are not alone, after the hard fork, we will buy alts again, altcoins will go to moon again.

It is bad to buy BTC now because people think that they will get free BTG.  But if you buy BTC at $5800 and after hard fork it dropped to $5000 then you lose... unless btg is priced at $800 a BTG


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 16, 2017, 09:57:26 PM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.

Yes, so many people want to do the same thing. You are not alone, after the hard fork, we will buy alts again, altcoins will go to moon again.

It is bad to buy BTC now because people think that they will get free BTG.  But if you buy BTC at $5800 and after hard fork it dropped to $5000 then you lose... unless btg is priced at $800 a BTG

My thoughts too. I was toying with the idea of buying more BTC to get more BTG but, like you said, BTC could drop soon after the fork and if BTG is worthless then I could lose a big heap of cash.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 17, 2017, 02:05:24 AM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.

Yes, so many people want to do the same thing. You are not alone, after the hard fork, we will buy alts again, altcoins will go to moon again.

It is bad to buy BTC now because people think that they will get free BTG.  But if you buy BTC at $5800 and after hard fork it dropped to $5000 then you lose... unless btg is priced at $800 a BTG
Exactly, its stupidity to buy BTC now. People will lose lot of money when BTC come down crashing. I might be a flash crash to $3400-3600 and then recovery to ~$ 4200


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: subG on October 17, 2017, 04:02:16 AM
Bitcoin Gold is not getting the attention that Bitcoin Cash received.  It will probably just end up being a cheap coin on low volume exchanges.  I also heard that there was a 200,000 bitcoin gold premine which was suppose to be used for an ICO but something happened and it's no longer going to happen. 


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 17, 2017, 06:07:38 AM
Bitcoin Gold is not getting the attention that Bitcoin Cash received.  It will probably just end up being a cheap coin on low volume exchanges.  I also heard that there was a 200,000 bitcoin gold premine which was suppose to be used for an ICO but something happened and it's no longer going to happen. 

SegWit2x is a factor too, not just Bitcoin Gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: pufa2007 on October 17, 2017, 09:28:30 AM
Hoвый cпocoб пoлyчить xaлявныx дeнeг!!!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: AUruHM on October 17, 2017, 09:33:35 AM
What about news that BTG developers self mined from 01 Oct? And BTG fork was already done? And all who can get BTG was already screenshoted?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 17, 2017, 04:11:22 PM
What about news that BTG developers self mined from 01 Oct? And BTG fork was already done? And all who can get BTG was already screenshoted?

Snapshot is occurring Oct 25.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 17, 2017, 04:12:35 PM
Gold actually has a somewhat real web site FINALLY.

http://btcgpu.org/


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: MMS2017 on October 17, 2017, 04:33:10 PM
Yes bitcoin gold is very good thought and many people get confused to it. As like bitcoin popular I think bitcoin gold will also get popular in the people. It can be said that I well thought scam because there is fluctuation in the overview of bitcoin gold. further more bitcoin gold is very difficult to make a place in this saturated market.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 18, 2017, 12:38:25 PM
Gold actually has a somewhat real web site FINALLY.

http://btcgpu.org/

Ah! some official news at last, or am I just late for the party :)
One good bit of news gleamed from the web site is that they say that they will be publishing guides for retrieving BTG from wallets, including Bitcoin Core, Electrum and Mycelium.
I've my BTC in Electrum so this is good news for me.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitcoinvestor on October 18, 2017, 01:18:53 PM
I am staying far away from this one, that's one thing I know.
Thanks for posting this.
I don't really like hardfork BCH, BTC gold or others. They are hijacking bitcoin holders. it is the short cut to spread the coins. I will never buy BTC gold. If I earn airdrop in my bitcoin wallet in exchanger, I will sell for free money. I don't like holding BCH or BTC gold in my personal wallet. Bitcoin is still the best for me. The price is going up every month. if the price will be 10000 I think no one will care about BTC hardfork like BCH or BTC gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Zdd9zdd9 on October 18, 2017, 01:27:40 PM
I might mine this for a month or so when it comes out. I don't have enough bitcoin to make it worth claiming the free ones, but mining might be decent for a bit. And since this is called bitcoinxxx I think the price of it will be 3 figures, at least for awhile.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Tyr808 on October 18, 2017, 01:52:35 PM
Bitcoin Gold is not getting the attention that Bitcoin Cash received.  It will probably just end up being a cheap coin on low volume exchanges.  I also heard that there was a 200,000 bitcoin gold premine which was suppose to be used for an ICO but something happened and it's no longer going to happen. 

I was noticing the same thing. I suspect the recent drop of BTC is also due to that. Before BCH emerged, everybody was like 'wow it will become the new BTC!' and most people held their BCH until now hoping that it would have eventually replaced BTC.
Whereas with BTG most people say it's a scam and very few give it some hope. Anyway let's see but as someone said now it's probably not the best time to get in BTC.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: itf991 on October 18, 2017, 01:56:27 PM
I just don't trust these btc-folks any longer.  I managed to sell my bitcoin cash luckily and try to stay away from these useless folks.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Ichitaka on October 18, 2017, 02:09:32 PM
1 week left.
Will I need to create another wallet for BTG?I have Exodus for my BTC.Will I have to move all my BTC to a wallet that support BTG to have the "free" BTG?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Haesoo on October 18, 2017, 02:32:42 PM
Scam or not does not matter to me. I will take the free coins from the fork and dump them for good old BTC.

Free money is free money for me. No need to worry.

Yes, so many people want to do the same thing. You are not alone, after the hard fork, we will buy alts again, altcoins will go to moon again.

It is bad to buy BTC now because people think that they will get free BTG.  But if you buy BTC at $5800 and after hard fork it dropped to $5000 then you lose... unless btg is priced at $800 a BTG

My thoughts too. I was toying with the idea of buying more BTC to get more BTG but, like you said, BTC could drop soon after the fork and if BTG is worthless then I could lose a big heap of cash.

Well these are all speculations and its hard to conclude that idea.
Yes bitcoin might went small correction after the hard fork and this is just all usual as a currency so take that chance to buy. However, I believe that BTG will be still like of bitcoin cash as this is also an airdrop and will have the same fate.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Taskford on October 18, 2017, 02:33:55 PM
Bitcoin gold is just a hype coin and that is the reason why the price of bitcoin goes up very high because the people are getting hyped up by the price because they want to get that bitcoin gold which is a free coin if they have some bitcoin then they will get bitcoin gold also for 1:1 ratio like what happened in bitcoin cash.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 18, 2017, 03:44:12 PM
1 week left.
Will I need to create another wallet for BTG?I have Exodus for my BTC.Will I have to move all my BTC to a wallet that support BTG to have the "free" BTG?

Not sure how you will access BTG yet but as long as you have a BTC wallet where you own your private keys you will get the BTG.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: twofreckles on October 19, 2017, 09:17:42 AM
1 week left.
Will I need to create another wallet for BTG?I have Exodus for my BTC.Will I have to move all my BTC to a wallet that support BTG to have the "free" BTG?

Not sure how you will access BTG yet but as long as you have a BTC wallet where you own your private keys you will get the BTG.

With BTC Cash fork, bittrex was actually very fast and created/provided to you this new altcoin almost instantly. With electrum and private keys it was... well I wouldn't say hard but problematic. That's said I wouldn't encourage anyone to depo to bittrex since last rumors and a lot of accounts closed.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: eodchop on October 19, 2017, 09:23:00 AM
maybe it looks like a scam but it may turn out to be verified
really I am puzzled with making prognoses


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 19, 2017, 07:33:34 PM
1 week left.
Will I need to create another wallet for BTG?I have Exodus for my BTC.Will I have to move all my BTC to a wallet that support BTG to have the "free" BTG?

Not sure how you will access BTG yet but as long as you have a BTC wallet where you own your private keys you will get the BTG.

With BTC Cash fork, bittrex was actually very fast and created/provided to you this new altcoin almost instantly. With electrum and private keys it was... well I wouldn't say hard but problematic. That's said I wouldn't encourage anyone to depo to bittrex since last rumors and a lot of accounts closed.

I'm keeping my Bitcoin in an Electrum wallet and won't be transfering them to Bittrex just yet. There has been some problems lately with Bittrex (not as bad as Poloniex though - IMO) but if they confirm that they will support Bitcoin Gold as they did with Bitcoin Cash then I might relent and (so I don't have to mess with Electrum) move my Bitcoin over to Bittrex.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 20, 2017, 05:10:08 AM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 20, 2017, 05:12:39 AM
1 week left.
Will I need to create another wallet for BTG?I have Exodus for my BTC.Will I have to move all my BTC to a wallet that support BTG to have the "free" BTG?

Not sure how you will access BTG yet but as long as you have a BTC wallet where you own your private keys you will get the BTG.

With BTC Cash fork, bittrex was actually very fast and created/provided to you this new altcoin almost instantly. With electrum and private keys it was... well I wouldn't say hard but problematic. That's said I wouldn't encourage anyone to depo to bittrex since last rumors and a lot of accounts closed.
Don't FUD about Bittrex without knowing sufficient information. Bittrex closed around 0.1% of accounts only as part of routine checks. They have made official announcement in this regards too.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: babsjoe on October 20, 2017, 05:17:36 AM
This "scam" is getting real by the day and people are going to make a shit of money from it! You can choose to get in and make money. OR you can join the scam singer while the rest make money off your scam announcement effort! It's your choice!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 20, 2017, 05:22:16 AM
This "scam" is getting real by the day and people are going to make a shit of money from it! You can choose to get in and make money. OR you can join the scam singer while the rest make money off your scam announcement effort! It's your choice!
Enjoy your shitcoin and stop whining. You dont have to tell what people need to do. If you dont like go to other channels and SHILL there. Don't bother to reply here.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: lincolnmad on October 20, 2017, 05:29:04 AM
I don't think so, i mean the news about this fork already booming and everyone know it. I think this bitcoin gold will do same like bitcoin cash and in the end bitcoin will be still the best cryptocurrency with a big price on it. What i think is bitcoin gold is like just another altcoin that using bitcoin fame like bitcoin cash.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: legendbtc on October 20, 2017, 05:45:13 AM
1 week left.
Will I need to create another wallet for BTG?I have Exodus for my BTC.Will I have to move all my BTC to a wallet that support BTG to have the "free" BTG?

Not sure how you will access BTG yet but as long as you have a BTC wallet where you own your private keys you will get the BTG.

With BTC Cash fork, bittrex was actually very fast and created/provided to you this new altcoin almost instantly. With electrum and private keys it was... well I wouldn't say hard but problematic. That's said I wouldn't encourage anyone to depo to bittrex since last rumors and a lot of accounts closed.
Don't FUD about Bittrex without knowing sufficient information. Bittrex closed around 0.1% of accounts only as part of routine checks. They have made official announcement in this regards too.

Yes, people who don't have knowledge about the Bittrex announcement they are propgating the negative news about the Bittrex. After there announcement I have withdrawn some fund from Bittrex without any issues, please be patient they will come up with a solution.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: wildflower18 on October 20, 2017, 05:49:10 AM
I don't think so, i mean the news about this fork already booming and everyone know it. I think this bitcoin gold will do same like bitcoin cash and in the end bitcoin will be still the best cryptocurrency with a big price on it. What i think is bitcoin gold is like just another altcoin that using bitcoin fame like bitcoin cash.
I agree, bitcoin gold probably will the same as bitcoincash with value after the hard fork. Though we cannot predict the actual price would be but traders still can earn profit in bitcoin gold. Well, let's just see first after the hard fork about bitcoin gold in the exchange.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: coingrow on October 20, 2017, 05:54:32 AM
Any fork coming out of bitcoin would be a trick to take our bitcoins away from us and lure us to buy that shitcoin. For instance we can take an example from Bitcoin Cash! So instead of trying to get Bitcoin Gold, I am buying alts this time.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: thepo1m on October 20, 2017, 05:56:31 AM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!

It will be listed on Yobit. I think it is best for the space that exchnages show no interest in this project, if not we will be having one BTC fork per week, just look at the recent Airdrop madness with the tokens having no actual use case


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: greenclub09 on October 20, 2017, 06:06:38 AM
First you need to find informations related to Altcoin and bitcoin, then invest but pay attention to the cases of scam, careful with what you invest in.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rally on October 20, 2017, 07:55:46 PM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!

It will be listed on Yobit. I think it is best for the space that exchnages show no interest in this project, if not we will be having one BTC fork per week, just look at the recent Airdrop madness with the tokens having no actual use case

yobit has too small volumes, I do not think that it will be possible to effectively trade there. Will Bitfinex not support?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: haroldtee on October 20, 2017, 08:57:13 PM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!

It will be listed on Yobit. I think it is best for the space that exchnages show no interest in this project, if not we will be having one BTC fork per week, just look at the recent Airdrop madness with the tokens having no actual use case

yobit has too small volumes, I do not think that it will be possible to effectively trade there. Will Bitfinex not support?

Bitfinex, bittrex, poloniex and the rest have not yet come out to state if they will be supporting or not. I read about someone who sent message to the support if they will be listing or supporting BCG, and their response was crazy ;D like they don’t even care if there is ever going to be any coin like that. The person was told to add it to their suggestion list if they want it supported. For now, among all the exchanges supporting only hitbtc and yobit are the ones I know, and the rest, God knows where they popped out from. And even Yobit and hitbtc is one exchange not too fancy.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Shishir99 on October 20, 2017, 10:47:15 PM
I definitely agree with you.
Bitcoin gold is a planned scam.
People is falling in this scam coin.
In my opinion it's just free money.
People will definitely  burned after the fork.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: awareentity on October 20, 2017, 10:49:19 PM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!

It will be listed on Yobit. I think it is best for the space that exchnages show no interest in this project, if not we will be having one BTC fork per week, just look at the recent Airdrop madness with the tokens having no actual use case

Haha exacly.

exrp, eiota, edash, eclassic, emonero...

For me BTG has the same value as all above - none. I'm not even sure it'll pomp like BTH did...



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 21, 2017, 07:36:08 AM
Coinbase is claiming that the Gold fork has already happened.  Not sure how they know this or think this but if true then the Gold team has lied to everyone.

https://support.coinbase.com/customer/portal/articles/2892196-bitcoin-gold-faq


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: twofreckles on October 21, 2017, 09:07:32 AM
Coinbase is claiming that the Gold fork has already happened.  Not sure how they know this or think this but if true then the Gold team has lied to everyone.

https://support.coinbase.com/customer/portal/articles/2892196-bitcoin-gold-faq

It is not secret that coins were premined. So there is no lie about it. We know coins already exists. 25th is release to the public (as the article says).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 21, 2017, 09:28:45 AM
Bitcoin Cash and Bitcoin gold are worthless scam coins. Just another money printing machines for scammers.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitorama on October 21, 2017, 09:47:04 AM
it's just a airdrop coin, like other altcoins


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 21, 2017, 09:48:32 AM
it's just a airdrop coin, like other altcoins
All that airdrops are nothing but a scam !


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: J. Cooper on October 21, 2017, 09:52:24 AM
Scam or not I'm not supporting it anyways. I really don't care about their goals either. Apparently they want to decentralize mining but I'm not sure if this is the right way to do so, not to mention if it will succeed. Yesterday coinbase announced that they won't be supporting it. Another reason to stay away.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Hallmader on October 21, 2017, 10:04:29 AM
It may not be a scam in the end. But since it is using Bitcoin and just added another word for it to become another altcoin altogether, it will probably end up with the same fate as Bitcoin Cash. Why don't they just create an entirely different altcoin and project? This copying will definitely brand them as another shitcoin. But I hope I will be receiving free BTG just the same.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: leea-1334 on October 21, 2017, 10:07:58 AM
Scam or not I'm not supporting it anyways. I really don't care about their goals either. Apparently they want to decentralize mining but I'm not sure if this is the right way to do so, not to mention if it will succeed. Yesterday coinbase announced that they won't be supporting it. Another reason to stay away.

Scam or not does not affect whether or not we get Bitcoin Gold, so I do not think support is a prerequisite for exchanges having the balance transferred to users. If you support it, then you can open a wallet and host trading pairs for it. But if you do not support it, the fork happens regardless. So Coinbase can say they will not support it but if they are keeping the Bitcoin Gold from their users, this is something else.

Anyway, since when is what Coinbase does another reason to stay away from anything?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: kubercoin on October 21, 2017, 10:09:18 AM
if you bitcoin gold is called scam, then all alts are scam  ;D .. In my view its just tells cryptoworld is truly decentralized .. all source is open and anyone can fork and build community..  as long as community supports alt will have value.. nothing can stop or scam.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: panju1 on October 21, 2017, 10:11:16 AM
if you bitcoin gold is called scam, then all alts are scam  ;D .. In my view its just tells cryptoworld is truly decentralized .. all source is open and anyone can fork and build community..  as long as community supports alt will have value.. nothing can stop or scam.

It is a scam, because they are calling it a fork of Bitcoin and they have included a premine. It is just trying to fool others and profit from the Bitcoin name. There are other alts with no bright ideas who have raised money through ICOs, but at least they don't try to misuse the Bitcoin name.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: PirateHatForTea on October 21, 2017, 12:43:02 PM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

https://image.ibb.co/cPO8GR/Untitled.png


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Be_Happy on October 21, 2017, 12:49:56 PM
I can not yet say for sure whether this is fraud or not, but so far this project does not inspire confidence in me and I do not hurry to invest my money there. It is better to watch calmly for now.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 21, 2017, 04:27:50 PM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

https://image.ibb.co/cPO8GR/Untitled.png

That is incredible.  Why is Twitter supporting a scam site?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 21, 2017, 04:30:41 PM
Why is Coinbase making false statements about Gold?

https://twitter.com/bitcoingold/status/921658066109472770


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: simrac on October 21, 2017, 04:38:25 PM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

https://image.ibb.co/cPO8GR/Untitled.png
I sure this is fake website bitcoin gold , you need carefully , bitcoin gold never request private key  , this website try steal your bitcoin  .

I heard that yobit support bitcoin gold . and some another exchange still don't have response for bitcoin gold .


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: quyethuynh on October 21, 2017, 04:42:09 PM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

https://image.ibb.co/cPO8GR/Untitled.png

That is incredible.  Why is Twitter supporting a scam site?

Hi you, this is scam site.
You need check
1. site: https://btcgpu.org/
2. Twitter: @bitcoingold


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 21, 2017, 05:21:34 PM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

https://image.ibb.co/cPO8GR/Untitled.png

That is incredible.  Why is Twitter supporting a scam site?

Hi you, this is scam site.
You need check
1. site: https://btcgpu.org/
2. Twitter: @bitcoingold

This is most definately a scam, on one would ask for your private key, I mean absoultely no one !
I think this scam site is hosted by Namecheap.com and I've sent an abuse report to them, hopefully it will be down soon.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Mrnat on October 22, 2017, 02:47:43 AM
Personally, when Bitcoin Cash forked, i felt something good would get out of it comparing it with the segwit
But this Bitcoin Gold doesn´t inspire me much confidence so to say, i already noticed im not the only one around who feels that way,
Sit back and watch it unfold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: PokerFace3 on October 22, 2017, 07:05:44 AM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!
Some exchanges have but the shitty ones and I am not surprised. Honestly, this coin is going to end up even more shitty that BCC the way it is. Looking at their website, there is just only one single wallet available for it. It is still possible though that after the fork, we will see some wallets or exchange for it but until then, fingers are crossed.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: exstasie on October 22, 2017, 07:39:12 AM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!
Some exchanges have but the shitty ones and I am not surprised. Honestly, this coin is going to end up even more shitty that BCC the way it is. Looking at their website, there is just only one single wallet available for it. It is still possible though that after the fork, we will see some wallets or exchange for it but until then, fingers are crossed.

It's not just crappy exchanges like Yobit now. Bittrex has now announced support for the fork, and they are one of the largest altcoin exchanges on the market. I think they are looking for some hype to pump volumes after the account locking scare recently.

There is/was definitely more support for Bitcoin Cash. This time, Bitcoin miners (and the Unlimited supporters who wanted miners to decide consensus rules) don't have any reason to back the fork. But frankly, this fork hype just makes the Segwit2x fork look more and more silly. I'm beginning to think that's the point here! Maybe the point of Bitcoin Gold all along was to cause fatigue around all these Bitcoin forks.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 22, 2017, 07:46:03 AM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!
Some exchanges have but the shitty ones and I am not surprised. Honestly, this coin is going to end up even more shitty that BCC the way it is. Looking at their website, there is just only one single wallet available for it. It is still possible though that after the fork, we will see some wallets or exchange for it but until then, fingers are crossed.

It's not just crappy exchanges like Yobit now. Bittrex has now announced support for the fork, and they are one of the largest altcoin exchanges on the market. I think they are looking for some hype to pump volumes after the account locking scare recently.

There is/was definitely more support for Bitcoin Cash. This time, Bitcoin miners (and the Unlimited supporters who wanted miners to decide consensus rules) don't have any reason to back the fork. But frankly, this fork hype just makes the Segwit2x fork look more and more silly. I'm beginning to think that's the point here! Maybe the point of Bitcoin Gold all along was to cause fatigue around all these Bitcoin forks.
Where did you see that bittrex has announced the support of Bitcoin Gold ? Any link ?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: noel2123 on October 22, 2017, 07:51:20 AM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

https://image.ibb.co/cPO8GR/Untitled.png
I think this website is a phishing site and If this was true I will never tried to even get a bitcoin gold ,hope that many people will become more aware of this, never share your private key just to get some free altcoins you will just end up losing your bitcoins.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Bastime on October 22, 2017, 07:54:19 AM
Good observation, but this is also my observation.
After Bitcoin's first hard fork (Bitcoin Cash)  - everyone is very excited about the features that can offer more and better alternative from Bitcoin's limitations but Bitcoin Cash has performed well though major experts says it's a like jacking pump Bitcoin to push upward but it has it's value - higher than Altcoins.
Bitcoin Gold will unlikely doing the same thing so the majority isn't excited enough since we're all assuming that this will become the next jack to pump more Bitcoin's value.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: exstasie on October 22, 2017, 08:07:21 AM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

I don't want to lend any credence to the Bitcoin Gold project because I don't think it's innovative and I think it's just a cash grab. But you're referring to a straight-up scam not associated with the actual project. It's been known for some time that @btcgpu is an imposter. And it should be obvious to anyone who has been in the Bitcoin space for a while that you should never enter your private keys this way. The official mediums are the @bitcoingold Twitter account and btcgpu.org.

That's definitely one of the downsides of all this fork drama. All the greed and hype creates big opportunities for people to scam newbies.

It's not just crappy exchanges like Yobit now. Bittrex has now announced support for the fork, and they are one of the largest altcoin exchanges on the market. I think they are looking for some hype to pump volumes after the account locking scare recently.

There is/was definitely more support for Bitcoin Cash. This time, Bitcoin miners (and the Unlimited supporters who wanted miners to decide consensus rules) don't have any reason to back the fork. But frankly, this fork hype just makes the Segwit2x fork look more and more silly. I'm beginning to think that's the point here! Maybe the point of Bitcoin Gold all along was to cause fatigue around all these Bitcoin forks.
Where did you see that bittrex has announced the support of Bitcoin Gold ? Any link ?

See their full statement here: https://support.bittrex.com/hc/en-us/articles/115002320451


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 22, 2017, 08:16:27 AM
It looks like there is a scam within a scam - as in other opportunistic scammers are trying to set up a scam based on claiming Bitcoin Gold.

Check out this site claimbitcoin.gold - linked to from the "Bitcoin Gold" (@btcgpu) twitter account, but clearly a scam. It asks you to enter your private key or seed to "verify ownership" of the address you are claiming for lol.

I don't want to lend any credence to the Bitcoin Gold project because I don't think it's innovative and I think it's just a cash grab. But you're referring to a straight-up scam not associated with the actual project. It's been known for some time that @btcgpu is an imposter. And it should be obvious to anyone who has been in the Bitcoin space for a while that you should never enter your private keys this way. The official mediums are the @bitcoingold Twitter account and btcgpu.org.

That's definitely one of the downsides of all this fork drama. All the greed and hype creates big opportunities for people to scam newbies.

It's not just crappy exchanges like Yobit now. Bittrex has now announced support for the fork, and they are one of the largest altcoin exchanges on the market. I think they are looking for some hype to pump volumes after the account locking scare recently.

There is/was definitely more support for Bitcoin Cash. This time, Bitcoin miners (and the Unlimited supporters who wanted miners to decide consensus rules) don't have any reason to back the fork. But frankly, this fork hype just makes the Segwit2x fork look more and more silly. I'm beginning to think that's the point here! Maybe the point of Bitcoin Gold all along was to cause fatigue around all these Bitcoin forks.
Where did you see that bittrex has announced the support of Bitcoin Gold ? Any link ?

See their full statement here: https://support.bittrex.com/hc/en-us/articles/115002320451
This statement by bittrex looks more like a warning against Bitcoin Gold Scam !  


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 22, 2017, 11:41:04 AM
So far none of the exchanges have come in support of BTG which is totally opposite the BCH fork scenario where some of the major websites have supported BCH lot earlier than the fork date.

I still dont want this shitcoin at cost of my BTC. Always remember if its not transparent enough better don't take the risk!
Some exchanges have but the shitty ones and I am not surprised. Honestly, this coin is going to end up even more shitty that BCC the way it is. Looking at their website, there is just only one single wallet available for it. It is still possible though that after the fork, we will see some wallets or exchange for it but until then, fingers are crossed.

It's not just crappy exchanges like Yobit now. Bittrex has now announced support for the fork, and they are one of the largest altcoin exchanges on the market. I think they are looking for some hype to pump volumes after the account locking scare recently.

There is/was definitely more support for Bitcoin Cash. This time, Bitcoin miners (and the Unlimited supporters who wanted miners to decide consensus rules) don't have any reason to back the fork. But frankly, this fork hype just makes the Segwit2x fork look more and more silly. I'm beginning to think that's the point here! Maybe the point of Bitcoin Gold all along was to cause fatigue around all these Bitcoin forks.
All newbie fake accounts promoting BTG, please get a life! Even Bittrex warns that BTG has written SCAM all over it! Read the official statement:

If you have a Bitcoin (BTC) balance on Bittrex during the BTG snapshot block 491,407 occurring approximately on October 24, 3am PT (10am UTC), you will be additionally credited the equivalent amount of Bitcoin Gold (BTG) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BTG.  BTC held on orders will also be credited.  Only the BTC held on your account is eligible for BTG.  Full details below.

 

Bitcoin Gold [BTG] is a proposed digital asset.

At this time, the information and codebase presented by the Bitcoin Gold team is not in a functional state and Bittrex will not commit to opening a Bitcoin Gold trading market.

Bitcoin Gold intends to perform a wallet balance snapshot at Bitcoin block 491,407 but the actual Bitcoin Gold network will launch publicly at a later undetermined date and time (the only guidance is the statement "after the launch on Nov 1").

Bitcoin Gold does not currently have:

Fully formed consensus code
Implemented replay protection
Adequate code for testing and auditing
Publicly known code developers
Bitcoin Gold codebase also contains a private premine of 8,000 blocks (100,000 BTG). Please be aware that if a market does open there is a possibility of the developers selling their premined BTG on the open market.

When considering adding tokens to Bittrex exchange we look at the risks involved. Bitcoin Gold does not satisfy our criteria for safety for our users. Taking a snapshot of the Bittrex exchange Bitcoin wallet is also a large disruptive undertaking that requires over 24 hours of preparation (Bitcoin deposits and withdrawals are also suspended during this time) and should not be taken lightly.

Bittrex will close deposits and withdrawals of Bitcoin (including 2nd layer protocol XCP/OMNI and associated assets) 24 hours prior to the BTG snapshot block 491,407 occurring approximately on October 24, 3am PT (10am UTC). The wallet will remain closed until the on-exchange snapshot is complete. Trading will remain active during this time.

Bittrex will make all reasonable attempts to credit our users BTG but until we have a fully supported wallet, we can neither guarantee tokens or consider creating a market. We will continue to monitor the state of the codebase and network. We'd also like to encourage the BTG development team to reach out to us.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 22, 2017, 11:56:06 AM
In my opinion Bitcoin Gold is a scam created just to enrich the developers. But this scam scheme will give a free money to a lot of people ! That's why nobody cares if it's a scam or not. Let's wait and see how this  absurd circus will go on.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Grunny4 on October 22, 2017, 07:04:50 PM
More & more saying the Bitcoin Gold snapshot has already happened? https://www.youtube.com/watch?v=pOOcj9TkQ10


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 23, 2017, 12:25:40 AM
More & more saying the Bitcoin Gold snapshot has already happened? https://www.youtube.com/watch?v=pOOcj9TkQ10

Interesting. One thing he suggest is that HitBTC is the place to hold your Bitcoin if you want at least some assurance of getting your Bitcoin Gold.
I think I may transfer all my Bitcoin out of Bittrex who are saying you may, or may not, get Bitcoin Gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: boris singer on October 23, 2017, 12:31:50 AM
More & more saying the Bitcoin Gold snapshot has already happened? https://www.youtube.com/watch?v=pOOcj9TkQ10

Interesting. One thing he suggest is that HitBTC is the place to hold your Bitcoin if you want at least some assurance of getting your Bitcoin Gold.
I think I may transfer all my Bitcoin out of Bittrex who are saying you may, or may not, get Bitcoin Gold.

bittrex accommodates bitoingold snapshots, but they never talk about the market, but I think if we look at the prospect of bCH until now, almost all markets will trade with bitcoingold, until now only three markets have announced it has received it, it is very ironic because of hardfork deadlines immediately appear.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 23, 2017, 03:23:51 PM
More & more saying the Bitcoin Gold snapshot has already happened? https://www.youtube.com/watch?v=pOOcj9TkQ10

Interesting. One thing he suggest is that HitBTC is the place to hold your Bitcoin if you want at least some assurance of getting your Bitcoin Gold.
I think I may transfer all my Bitcoin out of Bittrex who are saying you may, or may not, get Bitcoin Gold.

bittrex accommodates bitoingold snapshots, but they never talk about the market, but I think if we look at the prospect of bCH until now, almost all markets will trade with bitcoingold, until now only three markets have announced it has received it, it is very ironic because of hardfork deadlines immediately appear.

Another tit-bit here about Bittrex and other exchanges and there stance on the impending Bitcoin Gold fork, does not make for reassuring reading.
https://news.bitcoin.com/bitcoin-service-providers-continue-to-reveal-plans-for-bitcoin-gold/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 23, 2017, 04:38:21 PM
Deleted


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on October 24, 2017, 09:04:00 AM
Just spotted this, forget about Bitcoin Gold - forget about GOLD - put all your money (house included) into Bitcoin - The Mighty Woz has spoken !
https://bitcoinmagazine.com/articles/money2020-wozniak-thinks-bitcoin-better-gold/


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: _backslash on October 24, 2017, 09:13:45 AM
Trusting Wozniak over Crypto? well its good to know what he thinks but am not taking his word for it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: moontrain on October 24, 2017, 09:17:15 AM
lol BTG is not a scam.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Rahip on October 24, 2017, 09:26:21 AM
Bitcoin Gold is the first time i said to myself 'i will try' but latest news very bad.
They proved to be absolutely scam.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bryant.coleman on October 24, 2017, 09:52:40 AM
lol BTG is not a scam.

Even I don't think that it is scam. But there are a lot of unanswered questions and there is not enough information about the developers. Even the code is not yet publicly available and this was the reason given by Coinbase to deny its users the coins from the free airdrop.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ZenFr on October 24, 2017, 10:03:09 AM
Bitcoin block number 491407 is reached : the Bitcoin blockchain snapshot is dome.
Next steps :
 - having tools to make the swap.
 - some exchanges to trade the coin.
 - some pools to mine and securise the coin.
But no stress, we have time.

Good luck Bitcoin gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: alpsea on October 24, 2017, 10:07:41 AM
I've been away from bitcoin gold since the beginnin'
Yes this is scam like a bitcoin cash.

I hope isn't hurt too many people.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: linkybit on October 24, 2017, 10:42:23 AM
IMO Bitcoin GOLD = bitcoin cash

So I don't think so it'll get good value.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ZenFr on October 24, 2017, 11:11:18 AM
IMO Bitcoin GOLD = bitcoin cash

So I don't think so it'll get good value.
Guy, are you serious ?
Bitcoin cash is more expansive than Ethereum.
That is not what you call "good value" ?

If all my coins vas at this price, I'll be rich :-).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: admissions on October 24, 2017, 11:23:19 AM
I believe it is. It's premined and people normally hate that but Bitcoin gold has just been disguised better than the ones that openly admit they are premines.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: arbitrage on October 24, 2017, 11:25:37 AM
In my opinion Bitcoin Gold is a scam created just to enrich the developers. But this scam scheme will give a free money to a lot of people ! That's why nobody cares if it's a scam or not. Let's wait and see how this  absurd circus will go on.
We all know that this is scam but yet we all waiting those coins to showed up and to starts real trade. First thing that bothers me is this premine, better approach would be allocation of funds as fixed percentage of the miners reward. Second nothing until November, no wallet no replay protection, we only have a promises. Only thing here that bothers me we will have bunch of new coins wearing name Bitcoin. All this stupidity will cause BTC slower adoption. Newbies are probably confused when they see story about four bitcoins..


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: okissabam on October 24, 2017, 12:17:48 PM
In my opinion Bitcoin Gold is a scam created just to enrich the developers. But this scam scheme will give a free money to a lot of people ! That's why nobody cares if it's a scam or not. Let's wait and see how this  absurd circus will go on.
We all know that this is scam but yet we all waiting those coins to showed up and to starts real trade. First thing that bothers me is this premine, better approach would be allocation of funds as fixed percentage of the miners reward. Second nothing until November, no wallet no replay protection, we only have a promises. Only thing here that bothers me we will have bunch of new coins wearing name Bitcoin. All this stupidity will cause BTC slower adoption. Newbies are probably confused when they see story about four bitcoins..

Yeah I agree with you, it could be a well thought scam to make people panic most especially those newcomers. But we'll just wait and see because some say it will be better than Bitcoin Cash. But the real question is how much better would it be and most importantly the price after the fork.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Ichitaka on October 24, 2017, 12:22:05 PM
Weird their website is down.
Is it too late too buy now?I am in the eastern time zone.Thanks
IT's basically free money how can it be a scam...Once you receive the BTG just dump it and get another coin no?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ZenFr on October 24, 2017, 12:24:48 PM
Weird their website is down.
Is it too late too buy now?I am in the eastern time zone.Thanks
IT's basically free money how can it be a scam...Once you receive the BTG just dump it and get another coin no?
The website was down early this morning too and after it wad running. Now it is down again.
Probably some hackers attacks.
And yes, the snapshot is done yet.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: indijim on October 24, 2017, 12:39:05 PM
I wonder how many more forks/snapshots there are going to be in the next couple of years. It's just an easy way for people behind such forks to make a lot of money. It's such BS.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CTO@MyBitMine on October 24, 2017, 12:45:55 PM
As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rizkyhiw on October 24, 2017, 01:13:36 PM
Bitcoin block number 491407 is reached : the Bitcoin blockchain snapshot is dome.
Next steps :
 - having tools to make the swap.
 - some exchanges to trade the coin.
 - some pools to mine and securise the coin.
But no stress, we have time.

Good luck Bitcoin gold.
We don't have to accuse here and there , but yeah there's no harm to being suspicious ,
Let's always be positive respond on anything ,
They might have a good purpose to create bitcoin that mineable by gpu for example ,
I will support them as long as they show legitimate factors.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: 0t3p0t on October 24, 2017, 01:15:13 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).

If ever BitcoinGold is a scam I am not actually affected because I have nothing on my wallet for now. ;D But anyways, thank you for posting it here as this post a FUD or not it will still serve as a pre-emptive measures to each and everyone who are planning to invest on the said coin. If BitcoinGold is a scam or not we should be cautious because it is involving our own money in investing coins especially if we are lazy enough doing research about team and technical aspects about the coin. In my case if only I have a capital well, as usual, I will still invest in Bitcoin for a free BTG but after the fork I will transfer all my Bitcoins first into another wallet and then that's the time I will sweep private keys for BTG and for safety.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ashish1234 on October 24, 2017, 01:24:30 PM
I don't understand.
either it is scam or not,If we are getting free money and gaining some amount whats wrong in there.
If technology get stabilized will see its future. ;D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: noel2123 on October 24, 2017, 01:32:34 PM
I don't understand.
either it is scam or not,If we are getting free money and gaining some amount whats wrong in there.
If technology get stabilized will see its future. ;D

people don't consider if it was a scam or not what they just want is a free money  , If you really into bitcoin gold make at least some research maybe supporting it will make bitcoin value drop , I am loyal bitcoin enthusiast so I will just dump it for a purpose of supporting bitcoin not to have free money


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: degraff on October 24, 2017, 02:00:34 PM
A  stupid MKTG just to take word "Bitcoin" in the name...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 24, 2017, 02:19:51 PM
Bitcoin Gold is a scam entirely designed just to enrich it's creators (200 000 premine) Everybody knows this, but this scam is going to bring free money to BTC holders, that's why nobody cares if it is a scam or not. Unforchinately  the mindset of most crypto traders is similar to this : Hey do you wan´t to vote for satan as president of the world, I give you 500$? Yeah of course, money for free, fuck the world why would I refuse free money? We do not care about "morality" issues when it comes to money.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: coinfoundry on October 24, 2017, 02:27:59 PM
No one knows really. Just like what happened with Bitcoin cash.

I am personally not at all interested in Bitcoin gold. For the guys going for this, for their sake I hope I am wrong.

Compared to the clusterfuck that Bitcoin Gold turns out to be, Bitcoin Cash's launch went smooth as silk.  ;)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rebelious on October 24, 2017, 04:09:02 PM
https://medium.com/@jiangzhuoer/bitcoin-gold-just-another-ico-scam-with-200-000-coins-pre-mined-b839fa2263dd

Check it out here. The funder of BTG is an ICO scammer with very bad reputation in the past.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Be_Happy on October 24, 2017, 04:24:33 PM
Just spotted this, forget about Bitcoin Gold - forget about GOLD - put all your money (house included) into Bitcoin - The Mighty Woz has spoken !
https://bitcoinmagazine.com/articles/money2020-wozniak-thinks-bitcoin-better-gold/


Put all your money in one basket ???  No, it's too risky. Experienced investors must understand this and do not succumb to emotions or advertising of other people.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Naman1111 on October 24, 2017, 04:26:20 PM
Wow I thought it was useful.....thanks for opening my eyes. Also I found a medium articles saying the owner is a fraud


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Aizhen05 on October 24, 2017, 04:28:01 PM
I don't understand.
either it is scam or not,If we are getting free money and gaining some amount whats wrong in there.
If technology get stabilized will see its future. ;D

people don't consider if it was a scam or not what they just want is a free money  , If you really into bitcoin gold make at least some research maybe supporting it will make bitcoin value drop , I am loyal bitcoin enthusiast so I will just dump it for a purpose of supporting bitcoin not to have free money

as long as there is a free people might accept it then hold it they dont ever think if it amy have some value in the future maybe because they know that this can have as long as its free all of us want it even though ive never tried to have bitcoin but i wish i can have that free bitcoingold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 25, 2017, 03:03:45 AM
I don't understand.
either it is scam or not,If we are getting free money and gaining some amount whats wrong in there.
If technology get stabilized will see its future. ;D

Thats the sad part! People are after freebies and money but in the end they are ruining something which has potential to turn world upside down which is blockchain technology and cryptocurrency!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 25, 2017, 03:11:35 AM
https://medium.com/@jiangzhuoer/bitcoin-gold-just-another-ico-scam-with-200-000-coins-pre-mined-b839fa2263dd

Check it out here. The funder of BTG is an ICO scammer with very bad reputation in the past.
Nice article. Worth reading through. This explains how stupid our community is which doesnt really care for anything. Hopefully people will not support this shit which plan to ride in name of BTC. As some one said, we lack Morality in this forum!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: thycrypto on October 25, 2017, 03:13:31 AM
it taked pretty bad. I am curious to see where it will be in the future.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Texacha on October 25, 2017, 07:34:10 AM
I am curious to see where it will be in the future.
At 1 Satoshi!  ;)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: crazylikeafox on October 25, 2017, 08:16:46 AM
it taked pretty bad. I am curious to see where it will be in the future.


Not succesful as i see it didnt create much hype about it and people are seeing it as a scam becuase they are not providing any info about bitcoin gold


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Durr_1412 on October 25, 2017, 08:44:57 AM
BTG currently around one hundred something ( 160 - 170 ).
It has been dropping faster than the rocket starts flying.
I am regretting and crying for holding it (>_<)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: degraff on October 25, 2017, 09:26:32 AM
https://www.coindesk.com/bitcoin-gold-website-following-massive-ddos-attack/



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: AverageGlabella on October 25, 2017, 09:29:26 AM
https://www.coindesk.com/bitcoin-gold-website-following-massive-ddos-attack/



I'm not sure if this is from normal usage and the hype and they haven't got the resources or if someone is generally targeting them, maybe another competitor in the market?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Hesaplar on October 25, 2017, 10:30:38 AM
Bitcoin Gold is scam but it's hardly said "well thought". I wouldn't even check that before but after reading OP's post I agree with him completely. All evidences are clear. Don't give value to shitforks. They need to learn that people don't buy this foolishness.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Alvaro.anso on October 25, 2017, 10:34:24 AM
I think it is actually scam as well as a real problem: this value from thin air can lead crypto market into a real bubble


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 25, 2017, 10:42:09 AM
The price is in a free fall now...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Budening on October 25, 2017, 10:47:34 AM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).

Thanks for your news, it's very important. I don't know this coin is scam or no, but Im joined this airdrop.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 25, 2017, 10:53:20 AM
Thanks for your news, it's very important. I don't know this coin is scam or no, but Im joined this airdrop.
What did you joined dude ? Airdrop from Bitcoin Gold ?  ;D ;D ;D


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: arnux on October 25, 2017, 11:01:51 AM
Bitcoin gold developers were getting praised and I'm not even sure why it's a premine its a scam. It will die within a few weeks.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Ponylon on October 25, 2017, 11:36:57 AM
Bitcoin gold is not a scam. It's just a bunch of people that try to profit from the fork, the exact the same way that Bitcoin cash founder were trying to profit. It doesn't mean it's a scam, it only means that someone things a lot of money can be made from this, if people believe that ASCI will not be necessary anymore and prefer CPU over it, that's fine, let them invest in it. Bitcoin Cash has done quite well considering it did not have so much to over (just a higher block size, which comes with man issues), so the mining thing with Bitcoin Gold is quite justified as a good solution to an ever increasing problem. The founders are out there and communicate, and these are real people not internet trolls or avatars hiding behind a mask. It's definitely not a scam, but that doesn't mean it's a good investment.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: DisruptMeister on October 25, 2017, 12:29:45 PM
Bitcoin gold is not a scam. It's just a bunch of people that try to profit from the fork, the exact the same way that Bitcoin cash founder were trying to profit. It doesn't mean it's a scam, it only means that someone things a lot of money can be made from this, if people believe that ASCI will not be necessary anymore and prefer CPU over it, that's fine, let them invest in it. Bitcoin Cash has done quite well considering it did not have so much to over (just a higher block size, which comes with man issues), so the mining thing with Bitcoin Gold is quite justified as a good solution to an ever increasing problem. The founders are out there and communicate, and these are real people not internet trolls or avatars hiding behind a mask. It's definitely not a scam, but that doesn't mean it's a good investment.

WELL SAID!  Amen! Don't complain about free money!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: silent17 on October 25, 2017, 01:05:17 PM
Thank you for posting this, this really proves that BTG is, in fact, a scam, I think many investors here have already read this. Thanks a lot for your research.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: crazylikeafox on October 25, 2017, 02:33:18 PM
Bitcoin gold is not a scam. It's just a bunch of people that try to profit from the fork, the exact the same way that Bitcoin cash founder were trying to profit. It doesn't mean it's a scam, it only means that someone things a lot of money can be made from this, if people believe that ASCI will not be necessary anymore and prefer CPU over it, that's fine, let them invest in it. Bitcoin Cash has done quite well considering it did not have so much to over (just a higher block size, which comes with man issues), so the mining thing with Bitcoin Gold is quite justified as a good solution to an ever increasing problem. The founders are out there and communicate, and these are real people not internet trolls or avatars hiding behind a mask. It's definitely not a scam, but that doesn't mean it's a good investment.

Its a scam they intended to hide some scammy tracks read the post above and people didn't have much info about the coin. Thats why most didn't knew about the bitcoin gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: zbx001 on October 25, 2017, 02:38:40 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).


it is a scam


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Risotto on October 25, 2017, 02:43:14 PM
I thought it was fake too but there is something that confuses my head;
Mining can be done after 1 November and it looks like it is going well


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: g12.egr on October 25, 2017, 02:47:30 PM
Strange situation. No official wallets, no official statements (only user speculations), but it is traded on few exchanges and trading means also someone is buying it  ???
Hope people will not lose too much on it.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: anitaraymonds on October 25, 2017, 02:49:18 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).

I also notice the difference in the dates that the forks were to happen according to them. Eventually is like none of those dates  actully held the forking activity as I noticed that it now happened on the 23rd of October 2017. All this issues is pointing to something. We all better be careful.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: coin-investor on October 25, 2017, 03:03:26 PM
Strange situation. No official wallets, no official statements (only user speculations), but it is traded on few exchanges and trading means also someone is buying it  ???
Hope people will not lose too much on it.

It's too early to tell just like Bitcoincash many will support it and also many will call it scam but we need a few weeks more, to see if it will gain support from investors, some traders and investors have trusted mlm coin like Bitconnectcoin let's see how it goes for Bitcoingold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Casdinyard on October 25, 2017, 03:12:57 PM
Strange situation. No official wallets, no official statements (only user speculations), but it is traded on few exchanges and trading means also someone is buying it  ???
Hope people will not lose too much on it.

It's too early to tell just like Bitcoincash many will support it and also many will call it scam but we need a few weeks more, to see if it will gain support from investors, some traders and investors have trusted mlm coin like Bitconnectcoin let's see how it goes for Bitcoingold.

Well the thing is bitcoin gold is just a free coin so don't expect too much from it. Looking in the coinmarketcap.com btg price $400 and it's actually not bad for a free coin. And unlike bch, btg and the team behind isn't active here and in social media, maybe it's too early for many assumptions so let's all just wait.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: ZaoXhou on October 25, 2017, 03:16:21 PM
Bitcoin Gold is scam but it's hardly said "well thought". I wouldn't even check that before but after reading OP's post I agree with him completely. All evidences are clear. Don't give value to shitforks. They need to learn that people don't buy this foolishness.

I have to agree, it's just an easy fork with a premine. There are better alternatives than bitcoin gold anyway.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: babsjoe on October 25, 2017, 03:31:47 PM
The scam called 'bitcoin gold' is been gradually exposed! The site of bitcoin gold has been unavailable in the last 24hrs! Nobody has any information on their update as regard development plan and some other services to make the coin marketable, mineabe and tradeable!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: btcbringer on October 25, 2017, 03:34:07 PM
The scam called 'bitcoin gold' is been gradually exposed! The site of bitcoin gold has been unavailable in the last 24hrs! Nobody has any information on their update as regard development plan and some other services to make the coin marketable, mineabe and tradeable!
i heard the dev mine 200k bitcoin gold before, its really terrible, it must be scam for the dev to do like this, its shameless


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 25, 2017, 03:47:04 PM
its shameless
Shameless ?? People do not care about shame and morality when it comes to free money. The price of BTG is in the free fall now, so I strongly recommend you to sell all of them before it will hit $10 or something.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Tyr808 on October 25, 2017, 03:58:38 PM
Probably good money for big holders in the short term, however in the longer run the hype on bitcoin gold will gradually fade. I sold mine and suggest to hold this not too long, also because there's another thing happening in november. Look at the chart of bitcoin cash and see what happened to holders. Good coin or not, trust is gonna stay with bitcoin and nothing else.



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: arbitrage on October 25, 2017, 04:32:32 PM
its shameless
Shameless ?? People do not care about shame and morality when it comes to free money. The price of BTG is in the free fall now, so I strongly recommend you to sell all of them before it will hit $10 or something.
This is best way for making money just fork an successful coin in this case no less than BTC, and we all know all alts are exactly that - forks, and use your premine for developing and promoting something we already saw many times.. I'm not sure, but in this we have some moral obligations in this case to say few words about this project..Maybe not me, more respectful members here and in Crypto World.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: EugeneAS on October 25, 2017, 05:15:53 PM
the report is very useful, thank you.

you also can't actually say it's free money, because hype around forks influences the prices of other currencies.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on October 25, 2017, 07:15:15 PM
Probably good money for big holders in the short term, however in the longer run the hype on bitcoin gold will gradually fade. I sold mine and suggest to hold this not too long, also because there's another thing happening in november. Look at the chart of bitcoin cash and see what happened to holders. Good coin or not, trust is gonna stay with bitcoin and nothing else.



How did you sell your Bitcoin Gold considering it hasn't even launched yet?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: stompix on October 25, 2017, 07:26:06 PM
the report is very useful, thank you.

you also can't actually say it's free money, because hype around forks influences the prices of other currencies.


It's not really free money.
Not everybody is getting BTCgold and not everybody will be able to cash out, or I least I do hope it will reach 0 by the end of the week.
Already dropping like a stone.

Probably good money for big holders in the short term, however in the longer run the hype on bitcoin gold will gradually fade. I sold mine and suggest to hold this not too long, also because there's another thing happening in november. Look at the chart of bitcoin cash and see what happened to holders. Good coin or not, trust is gonna stay with bitcoin and nothing else.
How did you sell your Bitcoin Gold considering it hasn't even launched yet?

Well, as the world of cryptos is starting more and more to look like the "evilz banks" you can sell and buy something that doesn't exist.
And in the case of goldfail the chances are quite high that nobody will be able to use those coins.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: KriptoCoder on October 25, 2017, 07:46:44 PM
I’m little disappointed because I was hoping that with this fork mining would be again possible for small RIGs but in any case there is definitely room for doubt. It seems like it is a Scam. There are a lot of unknowns and according to what I've read here I would certainly not invest money into BTC Gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: worldofcoins on October 25, 2017, 07:50:58 PM
I was thinking, what if they are trying to look like they are going scam, just so they can buy up more cheap coins?  If they do come back im afraid everyone is going to be surprised.  I mean are they that dumb to think the bitcoin community a fool to pool of  a scheme like this, or this is reverse physiology.  Dump your 0 cost coins at me, ill buy them for pennies and hodl.  I might even use it.  :)  The bad part if they are holding tons of coins so then can dump it later, unless they burnt them.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Pab on October 25, 2017, 07:53:01 PM
I ve beed reading btg is under ddos attack,but that coin is premined,looks like easy money for devs,even code has not yet been released.Activation is 1 nov.It is traded on Binance between 0.03-0.04.It is alt,normally big exchanges will not list that kind of coin


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: vaso11 on October 25, 2017, 07:58:21 PM
I'm sure Bitcoin Gold is just a new way to make money on new and naive people. no more


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: illinest on October 25, 2017, 08:23:34 PM
I’m little disappointed because I was hoping that with this fork mining would be again possible for small RIGs but in any case there is definitely room for doubt. It seems like it is a Scam. There are a lot of unknowns and according to what I've read here I would certainly not invest money into BTC Gold.

As far as mining goes, it's unknown. There is no public code, no mining code, no replay protection. Too early to call it a "scam" per se (outright theft via malware or fraud, for instance) but it is definitely a "cash grab" by the developers. Given that they can't seem to code replay protection, it's difficult to even call them "devs"..... they can't even seem to launch the coin.

I certainly wouldn't invest, but at least I should get the airdrop into the private keys where I held BTC. Too bad I couldn't trade the initial hype when it was added on Bitfinex, etc. But those exchanges are going to be in big trouble if the coin never launches.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: lanyounanhai on October 25, 2017, 09:58:12 PM
200000 bitcoin gold pre-mined. Well, it can be considered as a scam. Bitcoin gold price is now more than $100 and that means the developers are holding more than $20000000 worth of bitcoin gold. So, to me, it is a big scam and developers are big scammers. THey know how to abuse the bitcoin system and make money from it


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 26, 2017, 12:35:28 AM
I was thinking, what if they are trying to look like they are going scam, just so they can buy up more cheap coins?  If they do come back im afraid everyone is going to be surprised.  I mean are they that dumb to think the bitcoin community a fool to pool of  a scheme like this, or this is reverse physiology.  Dump your 0 cost coins at me, ill buy them for pennies and hodl.  I might even use it.  :)  The bad part if they are holding tons of coins so then can dump it later, unless they burnt them.
No they are not dumb thats why they made fool of community and got their money and they will continue to do so in future as well by dumping all the BTG on new crypto enthusiast! Actually they didn't make fool out of community but many members are fools already who supported this shit for free money!  ::) ::)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Doamader on October 26, 2017, 12:45:29 AM
I do understand all wanna free money but why the team had premined the coin, bitcoin cash were exchanged on 1-1 ratio with bitcoin this one is just a scam coin wich is taking advantage of bitcoin to make live a coin that would get zero value, wonder how many more forks people will consider to release and who will be able to support this coins.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: crazylikeafox on October 26, 2017, 02:58:26 AM
I do understand all wanna free money but why the team had premined the coin, bitcoin cash were exchanged on 1-1 ratio with bitcoin this one is just a scam coin wich is taking advantage of bitcoin to make live a coin that would get zero value, wonder how many more forks people will consider to release and who will be able to support this coins.

Did you even bother reading the OP? they planned it to be an ICO coin thats the reason for the pre-mine its a scam. they would dump it in the future.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: arbitrage on October 26, 2017, 09:30:34 AM
I do understand all wanna free money but why the team had premined the coin, bitcoin cash were exchanged on 1-1 ratio with bitcoin this one is just a scam coin wich is taking advantage of bitcoin to make live a coin that would get zero value, wonder how many more forks people will consider to release and who will be able to support this coins.
When this go live everybody will rush to dump it. Just another useless coin. Without premine this could probably be different story.

Did you even bother reading the OP? they planned it to be an ICO coin thats the reason for the pre-mine its a scam. they would dump it in the future.
They planned this to be an ICO, and in mean while they have realised that execution of this kind of scam is on radar so better legalize it through Bitcoin.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: vfrcbv911 on October 26, 2017, 09:55:12 AM
Wow, you did a good job, thank you. Now I will drop my BTG because it is a scam.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: saymynem on October 26, 2017, 10:10:42 AM

I do hope it will reach 0 by the end of the week.


That'd be nice.  I believe in crypto, but we need sh*tcoins do die so legitcoins can rise.  The faster the better!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Zolanal on October 26, 2017, 10:15:02 AM
compelling reasons, now I will be more careful with all these GOLD news


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: casparthefriendly on October 27, 2017, 02:59:20 AM
I’m little disappointed because I was hoping that with this fork mining would be again possible for small RIGs but in any case there is definitely room for doubt. It seems like it is a Scam. There are a lot of unknowns and according to what I've read here I would certainly not invest money into BTC Gold.
You can always mine vertcoin, its Equihash


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Texacha on October 27, 2017, 11:44:16 AM

You can always mine vertcoin, its Equihash
No, it's not.
It is Lyra2RE


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bomba141 on October 27, 2017, 11:57:57 AM
Thanks for Sharing This Thread It's Help To Get Away From The Scam People ;)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: adam1230 on October 27, 2017, 11:59:15 AM
I guess yesss its a well thought scam project ever. I like the idea and how people jump in to it. Its really funny for me. The "Gold" term is really attractive for newbies.
they know how to scam!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: troiano9 on October 27, 2017, 12:01:31 PM
Ill take my free Bgold and sell it for more bitcoin


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Stasnislav11 on October 27, 2017, 12:05:46 PM
at one seminar, the speaker offered the audience to invest Bcash and BGold, is this normal, do you think?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: KiDduco023 on October 27, 2017, 12:18:21 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).


what the... is it true...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Zzzetor on October 27, 2017, 12:46:12 PM
I'm quite new to cryptocurrencies and this whole bitcoin gold thing has made me very confused... Maybe I should read about other bitcoin-prefix coins if something alike has happened before


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 28, 2017, 04:50:42 AM
at one seminar, the speaker offered the audience to invest Bcash and BGold, is this normal, do you think?
Never ever attend a seminar on crypto, Seminars are just there to lure new crypto enthusiast!
So better dont go there


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 28, 2017, 04:51:32 AM
I'm quite new to cryptocurrencies and this whole bitcoin gold thing has made me very confused... Maybe I should read about other bitcoin-prefix coins if something alike has happened before
Always do your own research and see whether you have sufficient trust in coin and their team. Check Bitcointalk forum to get reviews about the token. Anything suspicious, stay away!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: HasHe on October 28, 2017, 06:53:20 AM
In the end all the blames goes to crypto Community who are always looking for cheap and easy money. Assuming that BTG is scam, people will still pile up BTC just to get Free BTG. This never ending thirst will bring more shit coins which are based on BTC.
During the last hard fork in august,most of bitcoin holders feared that due to hard fork,bitcoin may lose its value and so they wished that fork should not happen.But this time,attitude of most people has changed and they all eagerly await for hard fork even after knowing that BTG would be a shit coin.They just need some free coins at any extent.This attitude is not good for the progress of bitcoin and until people continue to have such attitude,we could expect more hard forks as well as shitcoins in future also.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Gutenhans on October 28, 2017, 10:31:08 AM
with this fork they made some money out of thin air (the developers) but still lot's of people saw beyond the trust transfer salami tactics they had.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: cipher-x_09 on October 28, 2017, 10:36:18 AM
Talk about making a huge investment out of the money of others it's a good thing I decided not to invest any money here, well let's just hope they don't victimize any people with their devious methods lets just hope everything goes well here. Let's just focus on investing our money to trusted altcoins guys.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: conspirosphere.tk on October 28, 2017, 11:49:08 AM
so is there any safe way to extract this shitcoin from my BTC yet?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: flippener on October 28, 2017, 03:07:23 PM
During the last hard fork in august,most of bitcoin holders feared that due to hard fork,bitcoin may lose its value and so they wished that fork should not happen.But this time,attitude of most people has changed and they all eagerly await for hard fork even after knowing that BTG would be a shit coin.They just need some free coins at any extent.This attitude is not good for the progress of bitcoin and until people continue to have such attitude,we could expect more hard forks as well as shitcoins in future also.

Let's be honest, we mostly want the free coins so we can sell them for more bitcoin. That's where our heart lies.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Antivoid on October 28, 2017, 03:30:28 PM
Bitcoin Gold may not be a totally scam, but it will not suffer the same situation as Bitcoin Cash, as Bitcoin Cash has so many suppotors and what the dev of Bitcoin Gold have done may be a stain that will affect this coin greatly


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 29, 2017, 02:56:16 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).

The problem is that anybody can create the same for almost no cost ! That's the sad reality of crypto market this days. Just an easy way to enrich scammers.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: shade_wrath on October 29, 2017, 04:09:18 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).

The problem is that anybody can create the same for almost no cost ! That's the sad reality of crypto market this days. Just an easy way to enrich scammers.
Exactly, in reality it do enrich the community members as well with free coin but they get that profit by dumping this shit onto other buyers! Which in end hurting this community itself.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: BogdanGFTP on October 29, 2017, 04:39:44 PM
The most beautifull scum that I saw!!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: MapleOak on October 30, 2017, 03:12:41 PM
These make one start to think about the whole foundings of hardware lying beneath the Internet.. should there be some control or mechanism to prevent fraud and support honesty / trust.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: JoyofCrypto on October 30, 2017, 03:13:36 PM
It's not really that well thought if everyone see's right through it and knows that it's a scam


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: abvhiael on October 30, 2017, 09:33:02 PM
i have to agree with the most is seems to be suspicious yet we  should  leave it for the market to decide and see if it is as profitable as it said to be like bch which was considred a scam at first place and now it has many supportes and is one of the best altcoins0


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 31, 2017, 10:59:44 AM
Anyone can create a Bitcoin-derived altcoin like "Bitcoin Gold" (BTG) at any time with no cost. BTG is a scammy cash-grab with no ideology and no economic support, not something serious like Bcash was. That's not to say that it's impossible to make money by trading it, just like with other scamcoins, but I'm not going to get into the habit of writing announcements and guidance for every Bitcoin-derived scamcoin. If you want to do a dangerous replay-unprotected coin-split maneuver in order to claim tiny fractions of your BTC in airdrop value, that's on you.

I will write a guide later for B2X (split time in mid-November), which is more serious. After that, the bar is going to be awfully high to get me to announce similar things.
Even tyeymos wrote that Bitcoin Gold fork was a scam and I agree with him. Creating a fork is not a big deal and I'm more than sure, that in coming month, we  will see more forks (Someone already announced Bitcoin Silver) That forks are cash grabing machines, designed just to enrich the creators. As I sad before, crypto world became a holly grail for scammers.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: AgatioX on October 31, 2017, 11:40:27 AM
All these forks are crap IMO.

But greedy guys will keep forking BTC untill they either kill it or everyone will finally stop hunting free crap


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: conspirosphere.tk on October 31, 2017, 12:21:48 PM
All these forks are crap IMO.

But greedy guys will keep forking BTC untill they either kill it or everyone will finally stop hunting free crap

Up to now the more they fork and the more BTC price rises.
And I can make some use of my free forked altcoins. Things may get interesting in a bad sense with the next hostile fork with no replay protection, right after which I expect some correction in BTC price and a new pumping in alts.

https://bashco.github.io/2x_Countdown/ (https://bashco.github.io/2x_Countdown/)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: KingScorpio on October 31, 2017, 12:26:19 PM
I was reading some articles on Reddit regarding the upcoming Fork of BTC to create Bitcoin Gold or BTG. I stumbled upon one of the the post from Reddit user: EnviousArm
Reddit user link: https://www.reddit.com/user/EnviousArm

All the credits goes to Reddit user: EnviousArm as this user has done all the efforts and work. I am just trying to bring this to light for bitcointalk members. Thank you.

Link to the post: https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Update 3: I've done a reverse whois lookup on their website, and found a ton of domains registered under the same email (not same IP) in their whois. the domains look super damn scammy by the way, you can check them out yourself here: https://i.imgur.com/HG31eie.png

And for the actual list if you don't wanna see a picture, here: http://viewdns.info/reversewhois/?q=xiangliao%40gmail.com

I got the email from: https://www.whois.com/whois/btcgpu.org BTG is, without a doubt, a complete scam.

Looks like they tried running several ICOs, one of them is even still active called sandcoin.org (which is obviously a scam too) Update 2: *

Premined: https://github.com/BTCGPU/BTCGPU/pull/2

    Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15

    Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18

    No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)

    No commits merged to main public repo in last 21 days

    Without the difficulty fix alone, this coin will crater rapidly.

Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

Update 1: In their Website-Snapshot from the github (https://github.com/BTCGPU/website) they stated that the fork snapshot already processed: "Bitcoin Gold (BTG) is a new proof-of-work cryptocurrency that will be hard forked from the Bitcoin blockchain on October 1 at block height 487427", which actually ended up being September 28th (https://blockchain.info/block-height/487427) partial info thanks to /u/rhuxx for the find.

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However in the past they decided they'll fork during the Bitcoincash date, both of which have ended up confusing me thus I've decided to do more research on the matter.

As I dug in deeper Bitcoingold started falling apart in front of my eyes losing all my trust in it. Here is what I've found.

First I read about this to get a better idea behind it: https://medium.com/@EthereumRussian/is-another-hardfork-going-to-kill-bitcoin-bitcoin-gold-e49b24ad8a9

The article mentioned there's been an ICO page, intrigued I decided to do a quick google search and found this 29 August bitcointalk thread that has more information regarding it: https://bitcointalk.org/index.php?topic=2046790.0

Along with the original Bitcoingold developer thread: https://bitcointalk.org/index.php?topic=2133536.0

It seems that they have possibly ran an ICO (Unsuccessfully most likely) but most certainly had premined the coin, thus I went to their website which at the time (9th of October) only ran a splash screen: http://btcgpu.org/ in an attempt to confirm my doubts.

This didn't lead me far, I needed to confirm those claims by myself, thus I went to the wayback machine (a wayback machine takes snapshots of websites so you can tell what changed in a website over time) and picked the August 31 date of the bitcoingold website. https://web.archive.org/web/20170831032225/http://btcgpu.org/

This confirmed the rumors, the website owners/original developers intended to run an ICO (which may or may not been successful) and also premined 16000 Blocks, worth at least 200,000 Bitcoin gold. The ICO price was supposedly 1 BTC = 10 BTG.

Since they are holding that information away from us and hiding it, this makes me believe that, bitcoingold is infact a scam and an attempt to milk the Crypto community out of their money, please don't fall into this scam and don't buy bitcoingold, dump it and let others know you can even do your own research with the Wayback machine I linked above or any time machine.

Regards, A fellow crypto investor

tl;dr BTG (Bitcoin gold is pre-mined 200,000+ BTG, and previously offered as an ICO, now they are trying to hide both of that information from us and telling people to dump their alts to get free "Bitcoin gold". the fork dates do not match, they specified different dates 3 times, once in their github page (1th october, and the block ended up being mined at 28th september) and a third time as 25th of october. all this combined information makes this me believe with no doubt that this is a scam in the making, and you should all dump your BTG as soon as you get it and never, ever buy BTG. also there is no replay protection, incomplete pow implementation, and no difficulity adjustment just the replay protection alone means you can lose your BTC by trying to sell/transfer your BTG, whois email associated domains shows complete scammy icos and domains registered under the email, this without a doubt they are 100% scammers.).


of course it is scam but you will not hear that from the media regime, since they build on their alligness, they cooperate to have a standardised point of view about something to get idiots fall for it

all those cryptos are worth nothing. they even cost a lot of electricity.

i mean seriously how long will it take till people whose coins arent listed at the top list simply also create their own facts and own lists to depict a different point of view.

facts are pretended facts create reality, through people that belive them.


regards


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: magiccarpett on October 31, 2017, 12:40:39 PM
i don't think its scam. after financial crisis bitcoin appeared to be independent from banks. now they want to disempower banks from regulation of gold price.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bambarmia on October 31, 2017, 12:52:16 PM
i don't think its scam. after financial crisis bitcoin appeared to be independent from banks. now they want to disempower banks from regulation of gold price.
I did not get your point. Can you clarify your statement please.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Matdog on October 31, 2017, 01:07:42 PM
i don't think its scam. after financial crisis bitcoin appeared to be independent from banks. now they want to disempower banks from regulation of gold price.
I did not get your point. Can you clarify your statement please.
I also fail to understand your statement, actually bitcoin gold is not a scam,
but we'll see the development of the price later


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Brucelats on October 31, 2017, 10:14:39 PM
Guys,

A question. Can bitcoin gold be mined to my regular bitcoin address? And then later on use that bitcoin address private key and access same address on bitcoingold wallet and have access to funds?


Cheers!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 01, 2017, 02:43:40 PM
Theoretically yes, but by doing this you will grant access to whatever wallet you will use to import your private key (to get yout BTGs) to your Bitcoin wallet(compromising it)...not really a smart thing to do. (unless you spend all your BTC to another wallet before doing that).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Call_Me_Bambi on November 03, 2017, 03:56:06 AM
Theoretically yes, but by doing this you will grant access to whatever wallet you will use to import your private key (to get yout BTGs) to your Bitcoin wallet(compromising it)...not really a smart thing to do. (unless you spend all your BTC to another wallet before doing that).

This sounds like the same technique used to get Bitcoin Cash using a Bitcoin wallet. If I remember correctly there was/is a way to do it (for Bitcoin Cash) using the Electrum wallet (lost the link). Be sure to use the official Electrum wallet and not one of the suspect Electrum-Cash wallets out there.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 04, 2017, 09:27:41 AM
Theoretically yes, but by doing this you will grant access to whatever wallet you will use to import your private key (to get yout BTGs) to your Bitcoin wallet(compromising it)...not really a smart thing to do. (unless you spend all your BTC to another wallet before doing that).

This sounds like the same technique used to get Bitcoin Cash using a Bitcoin wallet. If I remember correctly there was/is a way to do it (for Bitcoin Cash) using the Electrum wallet (lost the link). Be sure to use the official Electrum wallet and not one of the suspect Electrum-Cash wallets out there.

It is exactly the same method, because it is also a blockchain...Look for the tutorial for claiming you BCH(BCC) and for BTG will be the same. You must have your private key or mnemonic of yout BTC account for which you want to claim.
If you need help for claiming your BCH(BCC) or BTG you can pm me.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: MMysterious on November 05, 2017, 06:10:50 AM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 05, 2017, 09:13:38 AM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.

I agree and on top of that the guys from the BTG team are working hard to get things done.
I think this will be a good Altcoin to mine and invest into once everything settles.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: sehoon on November 05, 2017, 09:26:07 AM
Thank you for this post. But I think I still have to do some research about BTG buy honestly I still think it's promising even after reading this.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Marcus yoyo on November 05, 2017, 09:26:45 AM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.

I agree and on top of that the guys from the BTG team are working hard to get things done.
I think this will be a good Altcoin to mine and invest into once everything settles.
I also think so, because I read a lot of news about BTG. they work hard to make sure it works.
 If in say scam I'm not sure. they also accept fraud issues
https://twitter.com/bitcoingold/status/926519503395180544
and this links them again solve the problem in order to be mining
https://twitter.com/bitcoingold/status/927038425907322880


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on November 08, 2017, 04:46:23 AM
I just hope it's profitable to mine.  It would be nice for AMD to have some competition from Nvidia.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 09, 2017, 07:14:06 AM
I just hope it's profitable to mine.  It would be nice for AMD to have some competition from Nvidia.

They stated that this will be the main purpose for the BTG.
Everyone will be albe to mine using his/her own computer as we did with BTC backthen....:)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: CryptoMoshing on November 10, 2017, 12:02:19 AM
Seems to me this is all wrong.  The theory that they are scamming is based on this email address registered to NOT BITCOIN GOLD's DOMAIN!!!!  The real link is this bitcoingold.org not bitcoingpu.org so the real look up is here not the one originally posted.  https://www.whois.com/whois/bitcoingold.org
I can't say whether or not bitcoin gold is a scam.  I can say their CEO is a well known public figure though.  My guess is the OP stumbled upon the wrong website (probably setup by a scammer trying to phish).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: hashtag101 on November 10, 2017, 06:06:22 PM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.

I agree and on top of that the guys from the BTG team are working hard to get things done.
I think this will be a good Altcoin to mine and invest into once everything settles.
Bitcoin Unlimited died, Bitcoin SegWit2x was also died => Bitcoin Gold died too ;D. Only Bitcoin Cash can keep high price after forked from original Bitcoin. As far as I know, all cloned coins from Bitcoin never have good future, only Bitcoin Cash is an exception.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Chan8 on November 10, 2017, 06:42:05 PM
Looking at the price of btg it does seem like a pump and scam. I dont know tbough and im pretty sure i wont be mining this coin if it ever hits main net  alot of byoe surrounding tbis sht coin. And i really dont believe its a legitimate project at all. Lets hope it works out for all the people invovled and miners tbat are looking forward to mining this so called bitcoin gold.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: RntMC on November 11, 2017, 06:30:58 AM
I dont know you guys, but Im dumping my BTG as soon as it appears in my wallet.

~$4bln market cap for a new brand new project... Im sorry, but there's no change of this go up.

Just remember that Litecoin is only worth $3bln.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: wledgewil on November 11, 2017, 07:00:31 AM
No one knows really. Just like what happened with Bitcoin cash.

I am personally not at all interested in Bitcoin gold. For the guys going for this, for their sake I hope I am wrong.

You are right fedor3327
It is even like putting the bitcoin reputation down.
Mastered this bitcoingold plan for scam,

I strongly believe all the cloned coin of Bitcoin will never stand for a good profits and not good for future.
It is built strong to get some fall, we need to know the loopholes still pending to analyse its strategy.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 11, 2017, 07:52:12 AM
You get money for free (fork/airdrop/ec) to HODL. Why dump in the 2nd second (ha!)? Just to pay taxes and fees?
HODL that and if the project is successful you will get your cut! It is free anyway!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bazar111 on November 11, 2017, 08:18:25 AM
Of course it is scam? but speculactive, It can make x2-x3 form this price now. After 14 november it will be purchased on popular exchanges , and network started .


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Falgorn on November 11, 2017, 08:22:08 AM
After the latest improvements to bitcoin gold from its development team, I changed the opinion of this coin for the better. It seems to me that this coin will have a future, especially if the efforts of developers continue in this direction. Therefore, I do not think that bitcoin gold is a bad forgery. However, let's see what happens next.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: twofreckles on November 11, 2017, 09:07:08 AM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.

I agree and on top of that the guys from the BTG team are working hard to get things done.
I think this will be a good Altcoin to mine and invest into once everything settles.
Bitcoin Unlimited died, Bitcoin SegWit2x was also died => Bitcoin Gold died too ;D. Only Bitcoin Cash can keep high price after forked from original Bitcoin. As far as I know, all cloned coins from Bitcoin never have good future, only Bitcoin Cash is an exception.

Bitcoin SegWit2x didn't died, it was cancelled or postponed. Devs didn't say "it will never ever gonna be implemented"

Bitcoin Gold looks to have a positive feedback so only time will tell if it is going to be successful (my bet would be yes only if it won't be a pure scam). You need to take into consideration that as soon as Gold will be most profitable coin a lot of miners will back it up. Of course I doubt it will replace "true" Bitcoin, still IMO it will be valued above a Bitcoin Cash. I guess first answers to this puzzle we will receive as soon as tomorrow with Bitcoin Gold releasing itself to the miners. I'm crossing my fingers...


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 11, 2017, 09:13:40 AM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.

I agree and on top of that the guys from the BTG team are working hard to get things done.
I think this will be a good Altcoin to mine and invest into once everything settles.
Bitcoin Unlimited died, Bitcoin SegWit2x was also died => Bitcoin Gold died too ;D. Only Bitcoin Cash can keep high price after forked from original Bitcoin. As far as I know, all cloned coins from Bitcoin never have good future, only Bitcoin Cash is an exception.

What do you mean by "died". They are no longer on the market? Yes they are, they are as volatile as BTC is (more or less) and some of them are not even created yet. Look back a few years ago when there were only 30 cryptos on the market. 1200 (aprox) more are on the market today and only a few really died (scams), not counting the tokens.

Crypto market is a live and selfsustained market, a intelligent entity although it has her own dead and newborn children.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: coingrow on November 11, 2017, 09:24:47 AM
Nobody can say with definite certainty that if this all was a pre planned scam to loot us. But the way things are turning out and the fork getting cancelled it surely looks like that this all was preordained.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: bitfools on November 11, 2017, 09:39:16 AM
Nobody can say with definite certainty that if this all was a pre planned scam to loot us. But the way things are turning out and the fork getting cancelled it surely looks like that this all was preordained.

With CERTAINTY its a SCAM, its been researched since August 2017, all the players are scammers, the owners of all the associated websites BTG, BTGCPU, BITCOIN-COIN, are all part of organized ICO-SCAM ring.



The scammers who orchestrate this scam, aren't even writing the code, they're paying 'bounty' of shitcoin to people who write the code as needed, in effect that scammers didn't even have the resources in house to do a BTC CLONE, pathetic when you think how these people are giving professional scammers a bad name.

Fact is nobody would go work for a pump&dump scam operation, not being a real job, thus they just create websites and try to hustle people to work for free.

No way in hell this thing will be operational in 31 hours, right now target is 12NOV@1900UTC

Even if they release so called 'working code' it will take 4 days on average to download the blockchain, as you can't use the bitcoin --datadir=, or copy an existing, you must download and -bootstrap, because this bitch convert existing blockchain from 1mb to 2mb,

In effect even IF there is code it will take days for the POOLS to download and get the blockchain functional, people have been now -testnet mining on POOL.GOLD for 3 weeks, now -testnet mining on btg.suprnova.cc for days, reporting 800K Million sols/sec, which is BULLSHIT, most likely 800k sols/sec, but its all indicative of the fact that NOBODY cares that nothing works.

Solo miners too, once the main-net code is released must download the working block-chain ( convert ) and get it up before they can mine,

I suspect that internally at btcGPU ( bulgaria ) they must have already at the very least have a working block-chain ( its actually easy to enable main-net in the code ), its easy to get the seed-nodes,

But it might be 4-5 days after 12NOV before "REAL MINING" begins, if at all, I doubt code will be released, if its released it will be full of bugs and non-functional, and the team github.com/btcgpu, will fall back into excuse mode and blame DOS for their incompetence, as they have done all along for 2+ months.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: aoluain on November 11, 2017, 10:06:26 AM
After the latest improvements to bitcoin gold from its development team, I changed the opinion of this coin for the better. It seems to me that this coin will have a future, especially if the efforts of developers continue in this direction. Therefore, I do not think that bitcoin gold is a bad forgery. However, let's see what happens next.

im not sure what the development team are doing or have
done differently and all the bitcoingold threads are full of
positive and negative posts.

Like anything its all about what the market dictates i am
Looking at its value and its gaining in the last 24hrs.

As above lets wait and see.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: cexylikepie on November 11, 2017, 04:14:08 PM
I don't think this is a scam. If people thinks that ICOs and most crypto are scams then perhaps this is the same. The thing is we the crypto community will be the ones deciding its fate. Let us wait and see how their team works.

I agree and on top of that the guys from the BTG team are working hard to get things done.
I think this will be a good Altcoin to mine and invest into once everything settles.
Bitcoin Unlimited died, Bitcoin SegWit2x was also died => Bitcoin Gold died too ;D. Only Bitcoin Cash can keep high price after forked from original Bitcoin. As far as I know, all cloned coins from Bitcoin never have good future, only Bitcoin Cash is an exception.

Bitcoin SegWit2x didn't died, it was cancelled or postponed. Devs didn't say "it will never ever gonna be implemented"

Bitcoin Gold looks to have a positive feedback so only time will tell if it is going to be successful (my bet would be yes only if it won't be a pure scam). You need to take into consideration that as soon as Gold will be most profitable coin a lot of miners will back it up. Of course I doubt it will replace "true" Bitcoin, still IMO it will be valued above a Bitcoin Cash. I guess first answers to this puzzle we will receive as soon as tomorrow with Bitcoin Gold releasing itself to the miners. I'm crossing my fingers...
Hm... at least I can see Bitcoin SegWit2x will die over a period of time, it will become the Bitcoin Unlimited version 2.0, a quiet market, because no one wants to trading this coin until the SegWit2x project resume.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: tf2addict on November 11, 2017, 05:54:07 PM
Nobody can say with definite certainty that if this all was a pre planned scam to loot us. But the way things are turning out and the fork getting cancelled it surely looks like that this all was preordained.

With CERTAINTY its a SCAM, its been researched since August 2017, all the players are scammers, the owners of all the associated websites BTG, BTGCPU, BITCOIN-COIN, are all part of organized ICO-SCAM ring.



The scammers who orchestrate this scam, aren't even writing the code, they're paying 'bounty' of shitcoin to people who write the code as needed, in effect that scammers didn't even have the resources in house to do a BTC CLONE, pathetic when you think how these people are giving professional scammers a bad name.

Fact is nobody would go work for a pump&dump scam operation, not being a real job, thus they just create websites and try to hustle people to work for free.

No way in hell this thing will be operational in 31 hours, right now target is 12NOV@1900UTC

Even if they release so called 'working code' it will take 4 days on average to download the blockchain, as you can't use the bitcoin --datadir=, or copy an existing, you must download and -bootstrap, because this bitch convert existing blockchain from 1mb to 2mb,

In effect even IF there is code it will take days for the POOLS to download and get the blockchain functional, people have been now -testnet mining on POOL.GOLD for 3 weeks, now -testnet mining on btg.suprnova.cc for days, reporting 800K Million sols/sec, which is BULLSHIT, most likely 800k sols/sec, but its all indicative of the fact that NOBODY cares that nothing works.

Solo miners too, once the main-net code is released must download the working block-chain ( convert ) and get it up before they can mine,

I suspect that internally at btcGPU ( bulgaria ) they must have already at the very least have a working block-chain ( its actually easy to enable main-net in the code ), its easy to get the seed-nodes,

But it might be 4-5 days after 12NOV before "REAL MINING" begins, if at all, I doubt code will be released, if its released it will be full of bugs and non-functional, and the team github.com/btcgpu, will fall back into excuse mode and blame DOS for their incompetence, as they have done all along for 2+ months.

We'll know in a few days.

I'm not sure what your point is regarding the blockchain having to be downloaded.  Duh, that's how all this stuff works.

As far as all those scam web sites, the BTG team has pointed those out many times.

If you really believe it's a scam I'll take any BTG you have since you apparently don't want it.  GeHxnrCk4uDYMutpwKXeAJXDKBbr3s8tP9


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 14, 2017, 03:41:50 PM
It is nov 14 and no more posts in this thread.
Everything is working now and BTG started.
Ofc there were problems, like in every digital product, but they are still walking.

There are many left to be done but maybe in a month the dust will settle and we will see exactly what this new cryptocoin is about.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: cellat87 on November 16, 2017, 12:10:49 AM
Bitcoin gold is just a hype coin and that is the reason why the price of bitcoin goes up very high because the people are getting hyped up by the price because they want to get that bitcoin gold which is a free coin if they have some bitcoin then they will get bitcoin gold also for 1:1 ratio like what happened in bitcoin cash.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: GayOfThrones on November 17, 2017, 12:44:13 AM
Actually I didn't even notice that something like Bitcoin Gold came into existence. The simple fact that it has been labeled with the word "gold" should raise some red flags, it is clearly a way to attract people with no relation with gold whatsoever.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: sensimilia on November 17, 2017, 12:58:54 AM
Bitcoin gold seems to be a badly prepared project, I haven't really taken btg seriously.
After hearing about the scam wallet they linked on their website I wonder what's going on, smells fishy.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: hangar18 on November 17, 2017, 05:52:43 PM
Bitcoin gold seems to be a badly prepared project, I haven't really taken btg seriously.
After hearing about the scam wallet they linked on their website I wonder what's going on, smells fishy.
In my opinion, though the future of Bitcoin Gold will not be good like Bitcoin Cash or Bitcoin or other potential Altcoins, but I think the price of this coin can increases in that time. Just because some rumors about Bitcoin Cash and Bitcoin made me have this prediction. Wait next time to see the result :).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: fxstrike on November 19, 2017, 05:58:41 AM
Bitcoin gold seems to be a badly prepared project, I haven't really taken btg seriously.
After hearing about the scam wallet they linked on their website I wonder what's going on, smells fishy.
In my opinion, though the future of Bitcoin Gold will not be good like Bitcoin Cash or Bitcoin or other potential Altcoins, but I think the price of this coin can increases in that time. Just because some rumors about Bitcoin Cash and Bitcoin made me have this prediction. Wait next time to see the result :).
Bitcoin gold seems to be a badly prepared project, I haven't really taken btg seriously.
After hearing about the scam wallet they linked on their website I wonder what's going on, smells fishy.
In my opinion, though the future of Bitcoin Gold will not be good like Bitcoin Cash or Bitcoin or other potential Altcoins, but I think the price of this coin can increases in that time. Just because some rumors about Bitcoin Cash and Bitcoin made me have this prediction. Wait next time to see the result :).

People already losing money from this scam coin, this developer will abandon this project when those people start chasing after this scamming developer team


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 19, 2017, 08:30:01 AM
Bitcoin gold seems to be a badly prepared project, I haven't really taken btg seriously.
After hearing about the scam wallet they linked on their website I wonder what's going on, smells fishy.
In my opinion, though the future of Bitcoin Gold will not be good like Bitcoin Cash or Bitcoin or other potential Altcoins, but I think the price of this coin can increases in that time. Just because some rumors about Bitcoin Cash and Bitcoin made me have this prediction. Wait next time to see the result :).
Bitcoin gold seems to be a badly prepared project, I haven't really taken btg seriously.
After hearing about the scam wallet they linked on their website I wonder what's going on, smells fishy.
In my opinion, though the future of Bitcoin Gold will not be good like Bitcoin Cash or Bitcoin or other potential Altcoins, but I think the price of this coin can increases in that time. Just because some rumors about Bitcoin Cash and Bitcoin made me have this prediction. Wait next time to see the result :).

People already losing money from this scam coin, this developer will abandon this project when those people start chasing after this scamming developer team

The team is already been chased by some strong communities who have been scammed by a third party they said is legit.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: coinpediaJordan on November 24, 2017, 11:20:29 AM
Here is related info of Bitcoin GOLD

Bitcoin Gold lost a total of $3.3 million scams after submitting their private keys operators of the illegal activities of the website.
Read detail info here: Bitcoin Gold scam worth (https://coinpedia.org/news/3-million-stolen-bitcoin-gold-scam/)


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: GayOfThrones on November 24, 2017, 12:42:38 PM
Here is related info of Bitcoin GOLD

Bitcoin Gold lost a total of $3.3 million scams after submitting their private keys operators of the illegal activities of the website.
Read detail info here: Bitcoin Gold scam worth (https://coinpedia.org/news/3-million-stolen-bitcoin-gold-scam/)

This is truly TRAGICOMIC! The scam side had been endorsed even by the Bitcoin GOLD crew - LoL. But I guess that at this point also Bitcoin GOLD crew should be held liable.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Sarastiche on November 25, 2017, 09:52:36 PM
Different airdrop and ico coming up lately which calls for caution from everyone,thou that should not diter us from investing,all that is just require is to do more research on each project,Bit Gold looks more like a scam,but seems they where hacked


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Baka01 on November 25, 2017, 10:14:24 PM
Different airdrop and ico coming up lately which calls for caution from everyone,thou that should not diter us from investing,all that is just require is to do more research on each project,Bit Gold looks more like a scam,but seems they where hacked

so what shall we do?
If i bought BTG at 0.05 , should i sell or wait it increae ? ( it went from 0.05 to 0.039 today ).


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on November 27, 2017, 06:45:22 AM
Summary:
14-15 days since launch
Premining
2 compromized wallets
1 major scam on the official BTG website.
1 wallet with bugs/hacked.
1 pool that started paying miners after a few days.

What is there more to come?



Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: Vaskiy on November 27, 2017, 07:17:43 AM
That doesn't look to be a scam. Its can be considered to  be an altcoin that has gained value just because of getting split from the main chain. The growth is promising and has reached high value. Bitcoin cash too was termed to be the same and now the growth attained by it has made users prefer it to be one among the trusted asset for trading purposes.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: B4RF on November 27, 2017, 07:17:59 AM
Different airdrop and ico coming up lately which calls for caution from everyone,thou that should not diter us from investing,all that is just require is to do more research on each project,Bit Gold looks more like a scam,but seems they where hacked

so what shall we do?
If i bought BTG at 0.05 , should i sell or wait it increae ? ( it went from 0.05 to 0.039 today ).

I think you bought at the worst time possible :D
The price was pretty low (eg. hitbtc ~0.015) as long as most exchanges had disabled their deposits.
I think it will go down to this again. I might be wrong but BTG is nothing I would support in any way.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: rindo on November 28, 2017, 08:50:30 AM
According to CoinDesk, a US data and news tool, more than $ 3.3 million was stolen in a scheme that hit Bitcoin users who were trying to redeem their digital coins from the last hard fork of the network, Bitcoin Gold (BTG).
Operated by a website called mybtgwallet.com, the scheme led users to submit their private keys for generating Bitcoin Gold portfolios. Shortly after the users did this, however, the currencies contained in their wallets were sent to unknown addresses.
Just another reason that we should oppose to upcoming Forks and support and develop the classic Blockchain.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: mainconcept on December 02, 2017, 02:40:47 PM
According to CoinDesk, a US data and news tool, more than $ 3.3 million was stolen in a scheme that hit Bitcoin users who were trying to redeem their digital coins from the last hard fork of the network, Bitcoin Gold (BTG).
Operated by a website called mybtgwallet.com, the scheme led users to submit their private keys for generating Bitcoin Gold portfolios. Shortly after the users did this, however, the currencies contained in their wallets were sent to unknown addresses.
Just another reason that we should oppose to upcoming Forks and support and develop the classic Blockchain.
Of course there is no logical reason to support all these forked bitcoin clones, named bitcoin cash, gold, diamond whatever.

Only bitcoin matters.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: jaenglee on December 02, 2017, 02:45:36 PM
do we have any good wallet for iOS which is possible to claim for BTG?


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on December 03, 2017, 08:52:04 AM
According to CoinDesk, a US data and news tool, more than $ 3.3 million was stolen in a scheme that hit Bitcoin users who were trying to redeem their digital coins from the last hard fork of the network, Bitcoin Gold (BTG).
Operated by a website called mybtgwallet.com, the scheme led users to submit their private keys for generating Bitcoin Gold portfolios. Shortly after the users did this, however, the currencies contained in their wallets were sent to unknown addresses.
Just another reason that we should oppose to upcoming Forks and support and develop the classic Blockchain.
Of course there is no logical reason to support all these forked bitcoin clones, named bitcoin cash, gold, diamond whatever.

Only bitcoin matters.

IMHO just claim them safely and dump them for BTC!


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: fearcoka on December 10, 2017, 11:05:46 PM
According to CoinDesk, a US data and news tool, more than $ 3.3 million was stolen in a scheme that hit Bitcoin users who were trying to redeem their digital coins from the last hard fork of the network, Bitcoin Gold (BTG).
Operated by a website called mybtgwallet.com, the scheme led users to submit their private keys for generating Bitcoin Gold portfolios. Shortly after the users did this, however, the currencies contained in their wallets were sent to unknown addresses.
Just another reason that we should oppose to upcoming Forks and support and develop the classic Blockchain.
Of course there is no logical reason to support all these forked bitcoin clones, named bitcoin cash, gold, diamond whatever.

Only bitcoin matters.

IMHO just claim them safely and dump them for BTC!
Haha, instead, I will spend my Bitcoin to buy other cryptocurrencies have dumped the price and wait to the moon. As long as I can buy at low price, I can earn more profits than receive shitcoin and need to spend my time to transfer, receive and change my address.


Title: Re: Bitcoin GOLD - A well thought Scam?
Post by: concorde899 on December 12, 2017, 06:47:50 PM
Good luck with that.