Bitcoin Forum

Economy => Exchanges => Topic started by: PurpleDog on October 24, 2017, 04:44:50 AM



Title: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: PurpleDog on October 24, 2017, 04:44:50 AM
I have got bitcoin on Bittrex. What's gonna happen when the fork happens?

What exchanges have said that they are going to charge automatically Bitcoin Gold on the balance?


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: pooya87 on October 24, 2017, 04:47:24 AM
I have got bitcoin on Bittrex. What's gonna happen when the fork happens?
by the time they decide to credit your account you can open your wallet and see (1:1) equal amount of BTG in your wallet under a new coin name. all automatically.

Quote
What exchanges have said that they are going to charge automatically Bitcoin Gold on the balance?
i know about Yobit and Bleutrade that have already had the market, credited the coins and also people have been trading BTG.

see their website for a bigger list: http://btcgpu.org/#ecosystem


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: senin on October 24, 2017, 04:55:09 AM
Better your bitcoins would be on Yobit. There, the exchange for its customers even before the fork handed them a similar number of bitcoins gold, and put up a sale rate of 460 dollars. Brought to customers of this exchange, which put up for auction bitcoin.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: Emoclaw on October 24, 2017, 05:05:48 AM
Here's the official statement on Bitcoin Gold by Bittrex: https://support.bittrex.com/hc/en-us/articles/115002320451-Statement-on-Bitcoin-Gold-BTG-
From that article:
Quote
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.
I'm not sure about other exchanges, but Bittrex credited Bitcoin Cash immediately, I assume they will handle this one very well too.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: Jating on October 24, 2017, 05:29:39 AM
Here's the official statement on Bitcoin Gold by Bittrex: https://support.bittrex.com/hc/en-us/articles/115002320451-Statement-on-Bitcoin-Gold-BTG-
From that article:
Quote
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.
I'm not sure about other exchanges, but Bittrex credited Bitcoin Cash immediately, I assume they will handle this one very well too.

Ok. So the OP best choice is to really deposit his bitcoin to Yobit to get full create of Bitcoin Gold because Bittrex has not yet decided on how to handle Bitcoin Gold. I haven't seen any list yet as what exchanges are going to accept Bitcoin Gold only Yobit so far has released an official statement. And its trading like .08BTC the last time I checked. If you can't wait for Bittrex to whether to accept Bitcoin Gold or not then simply moved it to Yobit and claimed your free Bitcoin Gold.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: filharvey on October 24, 2017, 05:36:05 AM
Better your bitcoins would be on Yobit. There, the exchange for its customers even before the fork handed them a similar number of bitcoins gold, and put up a sale rate of 460 dollars. Brought to customers of this exchange, which put up for auction bitcoin.
Yobit is not a reputed exchange and it has listed most of scam coins.So,better not to try yobit.

Bittrex has announced that it would support the upcoming hard fork and Bitcoin gold coin.As we know that already bittrex was the first exchange to support Bitcoin cash and most of bitcoin holders deposited their bitcoins there.

But,bitcoin gold supporters said that the mining algorithm would be changed so that even it could be mined using GPU systems.Bitcoin gold does not have any miner support.So,still we don't know how the transactions would take place.

But there has been a huge expectation among bitcoin holders about bitcoin gold  and its sure that they are going to get some free coins.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: Lasvista on October 24, 2017, 06:35:31 AM
You have nothing to do. Doing so will wait for the hard fork. And wait for the arrival of BTG equivalent to the bitcoins you hold. So if you have 1 BTC you will also get 1 BTG worth of $ 480. This is a free Altcoins / Free money in other words. So if you have BTC during hard fork it will be fun because it's free from BTG


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: Scorpion on October 24, 2017, 06:48:04 AM

They're going to do their best to match 1:1 Bitcoin:Bitcoin Gold just like last time they did with Bitcoin Cash. However next time don't rely on the exchanges to handle hardforks for you, it's better to do on your own private wallet.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: pawanjain on October 24, 2017, 06:51:00 AM
Bittrex has said that it is supporting the Bitocin Gold fork which means they would have planned it out all well. They handled the Bitcoin Cash fork efficiently and credited the BCH instantly which means that they could do the same with Bitcoin Gold. Other than Bittrex, Yobit and Hitbtc are supporting the fork and Yobit has already credited the BTG to its users which I think is fishy since the original fork has not yet happened.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: Slipknot79 on October 24, 2017, 06:56:55 AM
They published exactly what they will be doing. The BTG's will be held there until such time as there is a compatible wallet. They are not trading it for now.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: checkmate25 on October 24, 2017, 07:15:06 AM
I'm still wondering how will this be. i'm still waiting for the btg on bittrex i wanna go to my alts now =(


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: darkangel11 on October 24, 2017, 12:17:20 PM
Better your bitcoins would be on Yobit. There, the exchange for its customers even before the fork handed them a similar number of bitcoins gold, and put up a sale rate of 460 dollars. Brought to customers of this exchange, which put up for auction bitcoin.
Yobit is not a reputed exchange and it has listed most of scam coins.So,better not to try yobit.

Bittrex has announced that it would support the upcoming hard fork and Bitcoin gold coin.As we know that already bittrex was the first exchange to support Bitcoin cash and most of bitcoin holders deposited their bitcoins there.

But,bitcoin gold supporters said that the mining algorithm would be changed so that even it could be mined using GPU systems.Bitcoin gold does not have any miner support.So,still we don't know how the transactions would take place.

But there has been a huge expectation among bitcoin holders about bitcoin gold  and its sure that they are going to get some free coins.

I have used Yobit and they are handling deposits and withdrawals very fast with no issues. They are aimed at making money, it's obvious, so they are listing everything as it goes. You even need to have some BTC in there to be able to use the chat box, which is so weird. A no money = no writing policy :D But I've sold some of my BCC on their exchange during the last fork and it was all fine.


As for the exchanges there's a statement from polo from today, so they will most likely be listing BTG.
https://poloniex.com/press-releases/2017.10.24-Notice-About-Bitcoin-Gold/





Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: sammrheza on October 24, 2017, 12:24:24 PM
just wait more announcement from bittrex , for now snapshot has already taken  8) ..


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: PurpleDog on October 24, 2017, 05:15:35 PM
I read:

If you have a Bitcoin (BTC) balance on Bittrex during the BTG snapshot block 491,407 occurring approximately on October 23, 11pm PT (6am 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. 


I log in now but I don't see no BTG there... Anybody know anything?


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: jman0war on October 24, 2017, 05:26:04 PM
The statement made it sound like this would happen right away.
They haven't made any statement since then.
So we don't know.

Maybe log a support ticket with them.
If enough people do that, perhaps they'll clarify the present situation.



Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: PurpleDog on October 24, 2017, 07:25:47 PM
i wonder, can i use my btc to buy cryptos there? i mean since the bitcoin gold doesn't appear yet, am i going to lose it?


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: tha2er99 on October 24, 2017, 07:36:17 PM
they said that they will support the fork and bitcoin gold !

and they have already took the snapshot (so you can trade/withdrawal your BTC now.

but no other news when they will be crediting BTG or listing it to trade !

my best guess that will happen in nov 1st


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: squatter on October 24, 2017, 07:40:27 PM
I have got bitcoin on Bittrex. What's gonna happen when the fork happens?

What exchanges have said that they are going to charge automatically Bitcoin Gold on the balance?

Bittrex is one of the few exchanges that is approaching this reasonably. I think it's absolutely insane that Bitfinex and others are allowing BTG trading -- coins, not just contracts. The blockchain is not live as far as we know; it likely does not exist yet. The fact that they are crediting users these coins and allowing trading puts an enormous amount of trust into the BTG developers to smoothly launch this coin.

I don't think Bitfinex is getting very good legal advice. The logical position IMO is to credit BTG to users and open trading after the public blockchain is launched. It's absurd to allow trading when there can be no withdrawals.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: pat4cryptoreal on October 24, 2017, 08:00:28 PM
I just logged into my bittrex account and I did not see anything like BTG equivalent in my wallet but I only see in HITBTC. I wonder which of the bittrex has given BTG equivalent.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: unreal41 on October 24, 2017, 08:35:47 PM
When bittrex gives the bitcoin gold the price will be 3-5 usd it’s too late  :-\


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: boltz on October 24, 2017, 08:38:21 PM
Well it's known that Bittrex has support the bitcoin fork but it's about the time it takes untill they complete all the forks. Better to make it yourself because the price can drop really much until the bittrex deliver your bitcoin gold ...just saying tho.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: splat44 on October 24, 2017, 08:54:37 PM
I have got bitcoin on Bittrex. What's gonna happen when the fork happens?

What exchanges have said that they are going to charge automatically Bitcoin Gold on the balance?

Bittrex has announced that they will give you credited the equivalent amount of Bitcoin Gold (BTG) on a 1:1 basis. so if you got a lot of bitcoin in Bittrex you better sell your bitcoin gold when it launch in the market.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: rindo on October 24, 2017, 09:04:48 PM
Bittrex have released a statement that they will support Bitcoin Gold. It was stated that all the users with a balance of Bitcoin, will be credited the equal amount of Btg (Bitcoin Gold). This said the exchange also alerted the users that there is still a lot of discussion surrounding this fork, and there is a gigantic lac of consensus. There was still any announcement from Kraken yet.


Title: Re: I've got bitcoin on Bittrex. How are they going to handle the fork?
Post by: malikusama on October 24, 2017, 09:07:46 PM
Till now there isn't any clear confirmation from the bittrex that they are going to credit accounts with Bitcoin Gold but they said they are trying to make it possible. You have to checkout the exchanges which are currently crediting Bitcoin Gold to their users on their official website.