Bitcoin Forum

What's this..? I see its trading on Yobit gone from 532 to 411 where it's currently at.
I thought the fork was next month?

No it happened a few hours ago.  It hasn't prelaunched per say but it has distributed free coins so anyone who holds a private key for Bitcoin

Hm okey, so I have private keys, what do I do with them to claim BTG?

the Yobit thing started yesterday about 25 hours ago. maybe more. and there was another small exchange that i have forgotten the name of and that already had BTG listed for more than 2 days and it was being traded at 0.04BTC and before yobit listed it price went to 0.06BTC there also!

it is actually becoming a common thing to create "future" markets!
i think bitfinex started this by adding BU (bitcoin unlimited) a very long time ago and still has the market despite BU being dead.


you have to wait until they start mining BTG and release the software and the wallet before you do anything.
but you can move your bitcoin to a new wallet now so that you won't have to wait in the future when they released it and you wanted to claim.

I'm already seeing comments in altcoins discussion about people selling their BTG.
Unrelated to the sentence above: What you say doesn't make much sense to me...

Even I got mail before on 22 trading will be happening in 22 onwards and also they will start to distribute free btg for the bitcoin holders in yobit. I think most of the btg coins are premised and distributed to exchanges.

Just remember, Bitcoin Cash made it for itself and there were many that wanted to see that for themselves. I can picture them picking the time slots minutes before the fork and trying to figure how to be the one coin that made it for themselves. Any dev team could have grabbed the code, modified it and been there, but these guys decided to not only prepare early, but to beat everyone to the punch and have it "basically launched". It is a clear and good business move.

Not a good idea... There's probably no replay protection now so if you move your bitcoins you can move (and lose) your Bitcoin Gold too without knowing it

The network isn't even running yet and they said it won't be until replay protection is in place.

I'm way more concerned about replay protection with SegWit2x.  It's a mess.

Well Yobit beat everyone else as far as bitcoin gold is concern and I think that it is still trading as of today. However, as others have stated, there's no support from this community and we all want just to get those free coins and dump it. No one gets excited because its messy as well. The 2x is what we all been waiting for, and not bitcoin gold. Those who wants bitcoin gold will probably lost in the end if they think this coin has a value in the future.

Bitfinex is also showing a move in bitcoingold but trading is not yet available. Perhaps some exchanges have pre-orders placed which have not yet been actioned and this is affecting potential opening price.

The fork was said too take place in block 491407 and it's already mined so yes the chains have split and fork is successful so I will move my bitcoins from my wallet now.
I also have my private keys but there isn't any hard information in how to claim the bitcoin gold, so I'm waiting for a fee days to see a few more topics on claiming the bitcoin gold. I was saving my bitcoins frome past month just because I had to get bitcoin gold as its free money and also it is having pretty huge fan following and it will be fun to see where it's price goes.

Yeah, same thing. Waiting for my Bitcoin Gold (however don't want to use Yo bit for it

premined and prelaunched, so scam coin

This coin look like it is premined so it is a scam. So much noise for the more decentralization and giving back power to home users by making it based on the Equihash algorithm which can be mined both with processor and graphic card and now I see it is premined. Where are the promises from the creators that the coin would have gone live to mine on November 1 ? Ah I see this coin is too much talk and nothing at work.