Bitcoin Forum

Bitcoin has planned for a hard fork on 25th Oct and we will get a new coin Bitcoin Gold. In previous fork lots of people got scammed(by giving away their private key) while trying to get their bitcoin cash. And many was not able to get the forked coin (including me  ;D) .
So how to get the forked coin easily and safely?

It's too early to say. For now, we cannot see the code. There may or may not be replay protection, and that makes a huge difference. With strong replay protection, you can just first move your BTC to fresh addresses (the altcoin will not move because the BTC transactions are invalid to its blockchain). Then you can empty those private keys into the altcoin wallet. If it's a scam to steal your private keys, then you won't lose BTC this way.

If there is not replay protection, it is a lot more tricky. But I think they'll need to add it, otherwise exchanges won't want to add their coin.

We'll have to see if the major exchanges carry Bitcoin Gold once it is released but the way to get Bitcoin Gold is to hold as much BTC as possible on the date of the hard fork. Keep holding it until August 1st then you will be able cash out your newly minted altcoin.

Forks: October 25th, 2017
Live to Exchanges: August 1st, 2017

Bitcoin Gold (BTG) - “Make Bitcoin Decentralized Again”

Goals of new Bitcoin Gold fork:
- Create a truly decentralized Bitcoin
- Proof Of Work: From SHA256 to Equihash, CPU mining vs GPU mining
- Make mining more accessible to all
- Make “big” miners less relevant

http://btcgpu.org (http://btcgpu.org)

It's impossible to confirm because the Bitcoin Gold website has been stripped bare, but I'm reading on Twitter that the hard fork has already occurred. Right now, supposedly, the developers are pre-mining the forked chain and are going to "launch" it on October 25th, not fork it on that date.

There really isn't much information available. Their Twitter says that October 25th is still the launch date, so I suspect it's true. Originally, they were planning to do a pre-mine and then offer the pre-mine as an ICO. Now it seems like they are just pre-mining themselves.

It took me a frustratingly long time time with the last BTC fork to claim my BCH and then sell them. I got in early enough luckily (when prices were still in the 700$ range). But this time around, there isnt even a wallet on the horizon that would support it. So lets see - I am a little pessimistic at this stage...

If you want to get the forked coin then you need a bitcoin which is too obvious and you need a wallet that supports the fork in the next few weeks and just put or deposit your bitcoin there and wait for the day of the fork then after it, just for a few days then you can see your free forked coins and you will be getting bitcoin gold and you easily sell them in exchanges because they are listed as soon as their status is good to go.

I couldn't find any meaningful information about this fork on their website, their facebook, their twitter or their Slack channel.  And they're a project small enough to have no real information on their website except for links to these pages and their GitHub.

It seems like people are only paying attention to this because it's a fork and any fork makes them think it matters even if it doesn't.

It could well turn out to be a lot better than how they're managing to present themselves, but right now it looks like you'd be better off caring a handful of mud that some idiot says is valuable.

Worry about claiming the coins once it's actually necessary and wallets have started thinking about it.

All you have to do is to install a desktop wallet or any wallet that you must control your private keys. By doing this you will have BTG (Bitcoin Gold). And the payment here is 1: 1. It means that some bitcoins are placed in your wallet as well as they can be received.

this is very easy, just place your coin on the already famous exchange ,,
you just wait until the exchange launches bitcoingold ..
I did this at a hard fork in August and two days later when the exchange launched bitcoincash I easily can immediately claim the coin without providing a private key ..

I assume that you are included on those people who got scammed signing up on phishing links.That would really be a lesson learn for you. Actually as far as i remember on those previous fork.I do store up my bitcoins on electrum and did wait for the official news or updates on electrum team on how to claim those free BCH which they did give official update and thats only the thing i do follow.

Nope you assumed it totally wrong . I am not that much greedy and I didn't event try to withdraw any BCH still now. I have read several post in this forum about people getting scammed by sharing their privet keys to the third parties . My intention for building this post is to alert those type of people also.

Of course with investment, if we wait bitcoin prices rise, it seems difficult to get earn quickly, invest or trading then we can get bigger profit and faster, if it is too risky then I suggest to hold in a long time.

you can found it in youtube and google, so many tutorial to forking new altcoin from bitcoin, but the problem is do you know how to compile?

But if you will not hold any bitcoins, then you would not get any forked coins. Maybe you don't care about this forked coins but it is a free money, it is an airdrop in short. It is not that bad especially to those who are holders of bitcoin, but take note that be careful when you are transferring your forked coins into an exchanger, because what happened to my friend was he lost his bitcoin in his wallet when he transferred his BCC in an exchanger.

They are fooled because they lack understanding. They are easily cheated, easily dragged by the bad guys. If you are awake, if you are smart enough to recognize the scams. You can go through everything. In this world, trust is something really meaningless, people always try to cheat each other for their own profit.

During fork August 1, I received the bitcoin with cash. I did not make any extra effort. All my bitcoins I stored on electronic purses were credited free coins bitcoin cash automatically. Perhaps you have your bitcoins stored offline so you have any problems. I don't think this is a more secure method of storage. Maybe you should use the online wallet while there is still time.

I think I will disagree a bit with the above. A secured method of storage will be more dependent on the wallet user than the wallet itself, be it cold storage or online. Any user not smart, wise enough or at least prudent, will always end up being outsmarted/cheated by nefarious people and lose their coins in the process.

Where I agree,is the ease one can acquire the new coins on an online wallet/exchange as opposed to cold storage.

you have a very good point here and i agree with it but remember that you can not begin to compare online with offline storage specially if by online you mean "web wallets" which people usually call them.
in other words you can say offline storage (no matter how created) is by far more secure than any online one.

I think saving it on paper wallet or wallet exchange you will get fork coin.
and it proved profitable when it happened Bitcoin fork last month I get BCC for free.

I didn't heard that many people was scammed in previous fork.
But anyway, most important thing - you need to hold private keys of your bitcoin wallet.
As far as I know, Bitcoin Gold don't have replay protection, so you need to make some extra steps to secure your btc while claiming Bitcoin Gold:
Ok, at the moment of fork, you have wallet A with BTC and private keys. After fork will happen send your BTC to wallet B. And then finally, import private keys of wallet A to Bitcoin Gold supported wallet to claim your coins.
More simple way - deposit all your btc to exchange, which will announce that they support Bitcoin Gold and credit to their users. But it's less safe way, because you will trust all your btc to a third party website.

**Today I get my Bitcoin Cash. I have to do nothing. I had btc stored in blockchain.info wallet. Just I have to go to setting>General and there is an option to exchange or send BCH. Or from the faq>how to claim my bitcoin cash. It was really easy.  ;D

The best way to prevent replay attacks is simple: Do not send any BTC or B2X transactions, at least not until it is clearer to everyone what the post-fork situation looks like.

to get the fork bitcoin you need to have it on your purse, for example 1 bitcoin means you will be given 1 fork of bitcoin.

Store it on wallets or exchanges that do support that bitcoin fork and always seek for legit links and avoid phishing sites because those times scammers are alert to get your new bitcoin gold and would really make some serious cash on this.If you arent aware on the legit links then you will end up on giving your private keys.

Exactly, in  as much as we all await the fork we should guard against phishers stealing our private keys through various means including fake wallet websites that might attempt to lure us into creating bitcoin gold wallets.

Im not sure there is an extra air drop coin like you saw with bitcoin cash. Because replay protection isnt built in to either bitcoin gold/gpu or segwit2x the chains will probably die very quickly. But dont move coins around on those days I would say. Have your priovate keys and wait for info.

If you store on a ledger nano s before fork will be easy

Patience is the key! We have to collect as much information as we can regarding the forked coin. This forum can be very useful as I am sure there are some trusted members here who will inform us on how to claim our forked coin in the safe ways.

If like the first hard fork out bitcoin cash you keep bitcoin in your wallet automatically you get bitcoin cash as much bitcoin stored in your wallet. that's what I experienced before.

If they are in fact doing that then that coin is going to crash even faster and the ones forking bitcoin are going to lose all credibility in crypto, so let us hope that is an unfounded rumor, because even if I do not believe in any of the forks at least I want to think they are being honest about their desire to change bitcoin and that all of this is not just because of money.

If you have the desire to earn a lot of coins then you need a bit of effort that is too obvious and you need a wallet that supports the results in the next few weeks and just put or deposite your bitcoin there and wait for the result day later after that. , just for a few days then you can see your many free coins and you will get bitcoin gold and you easily sell it on the exchange because they are registered as soon as their status is good to be visited.

The bad thing about forks is that despite being independent coin I think they are affecting the price of bitcoin, while many think the price of bitcoin is going up due to the forks I think that in the long term the forks are weakening bitcoin a bit, all that market cap that bitcoin cash has should belong to bitcoin and not that coin.