Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: OliverChassa on October 25, 2017, 08:57:46 AM



Title: Bitcoin gold: any potential?
Post by: OliverChassa on October 25, 2017, 08:57:46 AM
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?


Title: Re: Bitcoin gold: any potential?
Post by: kumiskura on October 25, 2017, 09:25:09 AM
no idea it has a potential or not,
but i heard this coin will be another Bitcoin support instead of becoming a competitor.
i do not know it's real or it's only a marketing because if we looked back to BCH/BCC,seems like the value of that coin decreasing a lot,
due to claim to be Bitcoin competitor,and right now we heard something like this.
i always treat it as a free coin and free money,nothing more than that.
but who knows?


Title: Re: Bitcoin gold: any potential?
Post by: AverageGlabella on October 25, 2017, 09:25:44 AM
Probably going to die out once everyone gets over the hype of free coins. I give it 2 weeks max and then we'll start seeing it dwindle out.


Title: Re: Bitcoin gold: any potential?
Post by: btcney on October 25, 2017, 09:53:28 AM
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?

In my opinion this fork makes no sense at all.

Apart from the few people that are interested in actually holding this coin, nobody else is generating demand at the moment. As you can see on the charts, it is down around 60% from the time that it actually got listed.

Not a good sign, unless they come out and actually do something creative, the price is going to keep plummeting.


Title: Re: Bitcoin gold: any potential?
Post by: bundo on October 25, 2017, 10:06:03 AM
The owners of BTG enthusiastically exchanged it to BTC because its value is almost 20% of bitcoin.For now is the best moment for btg but we do not know in the future logically no more than free coin


Title: Re: Bitcoin gold: any potential?
Post by: diguyo on October 25, 2017, 10:08:35 AM
I didn't buy into this fork at all, and I still don't. I haven't got any BTG yet, and I don't care if I do. By the time it's accessible to me and on an exchange I use/like it'll not be worth transferring.


Title: Re: Bitcoin gold: any potential?
Post by: renes on October 25, 2017, 10:19:14 AM
No potential, just another trap altcoin not more. There is no need for them, it is just about speculation, some will make money and some you or me will lose so I don't play this game.


Title: Re: Bitcoin gold: any potential?
Post by: CodyAlfaridzi on October 25, 2017, 10:23:33 AM
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?

It was just hype, or as you say "good marketing". Right now BTG is still overpriced in my opinion. It was hovering around 0.07-0.1 for a few days and I think that price was just crazy expensive. I sold my BTG futures yesterday as soon as I get it because of that reason. 0.01 BTC per BTG is still expensive. At 0.01 BTG is above altcoins like Tether, Stellar, and Waves that was actually had an innovation and a real use case. A clone of Bitcoin with another mining algorithm is just another trash.


Title: Re: Bitcoin gold: any potential?
Post by: Blakscorpion on October 25, 2017, 10:23:49 AM
Full of expectation ? LOL ... Make me laugh xD

Just 30s of google research...


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.

Bitcoin is already not really a technoligically advanced coin, so I don't know what to say about a fork of this coin, that nobody wanted, and is pure speculation out of nowhere, without project and ready to die...
Please... Full of expectation ???


Title: Re: Bitcoin gold: any potential?
Post by: rizkyhiw on October 25, 2017, 10:25:41 AM
No potential, just another trap altcoin not more. There is no need for them, it is just about speculation, some will make money and some you or me will lose so I don't play this game.
I can only see bitcoin gold easier to mined using gpu just like ethereum ,
Other than that i can't see any beneficial factor why we should go for bitcoin gold?
It's okay to see them as an alternate coin , but what makes them really hood and better than any other altcoin?
Have a really few supporter make bitcoin gold going nowhere.


Title: Re: Bitcoin gold: any potential?
Post by: DayXDT on October 25, 2017, 10:26:06 AM
No hope for this new altcoin..just another crap altcoin. It was just hype. Probably going to die in 1 months.  ::)


Title: Re: Bitcoin gold: any potential?
Post by: thelastman on October 25, 2017, 10:40:40 AM
i dont  see any potential on bitcoin gold!
on the other hand, if BTG or BCC have any negative impact would increase  value of bitcoin!
if BTG or BCC play well, influence of bitcoin would  diminished


Title: Re: Bitcoin gold: any potential?
Post by: amacar2 on October 25, 2017, 11:15:42 AM
Bitcoin gold is just not like bitcoin or bitcoin cash and it is GPU mineable so there is no way it can maintain high price as when mining will start mining cost per coin will be really low compared to bitcoin. Also bitcoin gold is actually premined coin and devs are busy right now mining some BTG for their team.

I don't think it have any potential at all.


Title: Re: Bitcoin gold: any potential?
Post by: linkybit on October 25, 2017, 11:37:28 AM
If you are big time supporter of BTG then it has a potential otherwise IMO I don't see any potential in it other than getting some extra money after the fork.


Title: Re: Bitcoin gold: any potential?
Post by: hans133 on October 25, 2017, 11:55:37 AM
was the free BTG distributed already?


Title: Re: Bitcoin gold: any potential?
Post by: Good_Boy on October 25, 2017, 12:00:06 PM
Gold is a very incomprehensible coin. I think the nearest event that will affect its price is the level of support by the ministers on November 1


Title: Re: Bitcoin gold: any potential?
Post by: Jamie Oliver on October 25, 2017, 12:32:23 PM
Feeling nothing advantage, this virtual currency, without any bright spot.


Title: Re: Bitcoin gold: any potential?
Post by: ImHash on October 25, 2017, 12:34:57 PM
Yes the potential is that, Every one now could become Satoshi with no hard work or ( hard fork) pun intended :D our founder gave his life to make something like bitcoin to happen. They want to decentralize bitcoin mining again, like Trump is making America great again :D
Those poor unsuspected noobs who bought bitcoin gold at $500 Only they're the ones feeling the true potentials now that the price has dropped to $150 More power.


Title: Re: Bitcoin gold: any potential?
Post by: zikabra on October 25, 2017, 12:37:42 PM
I don't see potential in that altcoin as i didn't see potential in bcc.
Most people are dumping btg and i wonder how many people are actually holding them.
There is only one coin imo and that is bitcoin.


Title: Re: Bitcoin gold: any potential?
Post by: arnux on October 25, 2017, 12:37:52 PM
The only reason why it is worth so much is because people got free coins and the hype surrounding that is making it boom it will disappear in a few weeks.


Title: Re: Bitcoin gold: any potential?
Post by: Mini_Miner on October 25, 2017, 12:41:24 PM
I originally thought that in gold there is nothing but PR. The price of 150 is already quite large for him, i think.


Title: Re: Bitcoin gold: any potential?
Post by: popolite11 on October 25, 2017, 01:26:28 PM
Today, October 25, manufacturers plan to ramify bitcoin in the blockade. What will come of it, we'll see.
Of course, he will not be able to beat beatcoin himself.
For me, so another attempt to create a new crypto currency. With the price of one coin, too, it is not yet clear. Obtaining coins is not so easy and will depend on where the currencies are stored, on the exchange or wallet. I think it will get accustomed, but there will not be a huge demand.


Title: Re: Bitcoin gold: any potential?
Post by: sindikat on October 25, 2017, 01:51:21 PM
I originally thought that in gold there is nothing but PR. The price of 150 is already quite large for him, i think.
It seems to me that it is not the price. Who trades in btg? My coins locked in the wallet. Maybe it's an unrealistic price. I heard that btg has problems with the code and therefore the exchange does not want to trade until satisfied that the transaction, btg will be different from the btc and they will not be hanging.


Title: Re: Bitcoin gold: any potential?
Post by: ufalo3 on October 27, 2017, 07:37:13 AM
I suppose guys could be impacted by the awesome Bitcoin progress and decided a new cryptocurrency should enter the market. Remember the time when it was under 400 bucks and all thought it was TOO MUCH. I’m convinced that BTG has some future!


Title: Re: Bitcoin gold: any potential?
Post by: crys191971 on October 27, 2017, 08:32:21 AM
I think bitcoin gold started wrong. He did not communicate at all with the community. I think he rushed to the fork!


Title: Re: Bitcoin gold: any potential?
Post by: faceoff97 on October 27, 2017, 09:07:18 AM
The owners of BTG enthusiastically exchanged it to BTC because its value is almost 20% of bitcoin.For now is the best moment for btg but we do not know in the future logically no more than free coin

Its future will be like just BCC/BCH, seeing them it seems like its decreasing its value. Coin such as BCC, BCH and as well as BTG is like a competitor with bitcoin, but obviously bitcoin value can no longer be attained. Possibly, just like the news I have heard, instead of making BTG as another platform or another competitor, there is a plan to just make it as a support for bitcoin. Probably, it will have a better future once it happened. But that idea is not so sure, who knows bitcoin gold will have a better future as a competitor. One thing is for sure, regardless of all new coins forking with BTC, bitcoin will surely have a bright future.


Title: Re: Bitcoin gold: any potential?
Post by: shalnark on October 27, 2017, 09:36:32 AM
It's seems we need to review first the background of bitcoin gold before we invest, since BTG is newly launch let's observed first their behavior in market. Otherwise we can't measure for now the potential of bitcoin gold, maybe in the past few days we can see how this coin move in the market. Hopefully that this altcoins will gonna be successful in the future.


Title: Re: Bitcoin gold: any potential?
Post by: Hafik on October 27, 2017, 10:03:03 AM
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?

If it is POW based, everyone should not bother to mine it. but the greatest possibility could happen SegWit, because it does not give advantages to others. this is probably what developers have to think about, to minimize such a thing.


Title: Re: Bitcoin gold: any potential?
Post by: dangdangdang on October 27, 2017, 10:19:19 AM
I think Bitcoin Gold has more potential than Bitcoin Cash. Some features are added to suit the needs of everyone.
Like for example, everyone can mine coins because Bitcoin Gold will let you mine even with low specs hardware. Speculations are everyone can mine with their phones.
But the main thing is Bitcoin Gold should have numbers of investors.


Title: Re: Bitcoin gold: any potential?
Post by: deadmousehat on October 27, 2017, 10:27:27 AM
I'm not sure on bitcoin gold. I didn't see potential on it just another scam coin and I Already sold it yesterday


Title: Re: Bitcoin gold: any potential?
Post by: coin_1122 on October 27, 2017, 10:33:03 AM
Till now I didn't bother about Bitcoin Gold because Everytime they are creating a new when there is any fork happening. I think many big guys diverting Bitcoin investments into other like Bitcoin Cash, Bitcoin Gold etc. On the first day of Bitcoin Gold launch the price fell below 60%.


Title: Re: Bitcoin gold: any potential?
Post by: josephinerosdy on October 27, 2017, 12:09:08 PM
I'm not sure with there features it will happen so I don't want invest on scam coin like bitcoin gold.
Of course no potential no have future.


Title: Re: Bitcoin gold: any potential?
Post by: littlebill16 on October 27, 2017, 12:10:41 PM
For me I don't think so, it seems like a pretty pointless creation with little or no backing. Seemed to just be a premined money grab.


Title: Re: Bitcoin gold: any potential?
Post by: styca on October 27, 2017, 12:39:12 PM
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?

I think Segwit2x is an entirely different proposition. Bitcoin gold was just a joke really, free coins... although it will no doubt be pumped at some point.
Segwit2x though is much more serious, and a genuine concern. Depending on how it goes, it really has the potential for major disruption.


Title: Re: Bitcoin gold: any potential?
Post by: SongtanMan on October 27, 2017, 12:41:22 PM
For me I don't think so, it seems like a pretty pointless creation with little or no backing. Seemed to just be a premined money grab.

I agree with you. It's just a money grab by a group of greedy developers.


Title: Re: Bitcoin gold: any potential?
Post by: Winner on October 29, 2017, 04:25:58 PM
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?
Whether the people like it or not, there was a lot of work that went on in Bitcoin Gold. There is a little bit of potential in that Altcoin.