Bitcoin Forum

Hellow guys share your idea about this new altcoin now in market cap.
Should I hold this like what I did in BTC?

Bitcoin is the main cryptocurrency and Bitcoin Gold is a hardfork or split in the blockchain network of bitcoin, both bitcoins and bitcoin gold has total supply of 21 million all the versions of Bitcoin uses the Proof of work algorithm except Bitcoingold uses Equihash, bitcoin uses ASIC mining hardware and Bticoin Gold uses GPU mining hardware. Both Bitcoin classic and bitcoin Gold has the same block size, bitcoin gold plans to make mining decentralized which is one of the problems faced by the original version of bitcoin or BTC as mining is centralized in  the classic bitcoin (BTC).

For the most part, especially with right after the fork, it seems like BTG will be dumped by a majority of holders. It all boils down to which one you have more faith in. If you believe that bitcoin will rise and that it has a higher potential to than Bitcoin Gold, then it makes a lot more sense to sell your BTG and purchase more BTC. If you believe instead that bitcoin gold has a true ability to be worth more in the future, then keep the bitcoin gold. As of now, I can tell you that a majority of people have dropped their BTG.

You can but i highly advice that you should not, this coin is a shit coin, just look for the developers and also the articles that says that they will activate it on November 1 with Pre-mine coins, they will just pump and dump it for them to gain money.

Bitcoin Gold is the result of another split of bitcoin. Because of the hard fork, the value of bitcoin kinda decline to $5300, but you can see that it value is increasingly back to $5700, that is the proof that, btc will just increase. As long as people prefers bitcoin, its value will just bounce back. So I think you just need to stick investing to btc.

Lol. Clearly you should dump it as soon as you get a hold of it. That is the safest thing to do. Or just hold a small portion of it while you sell the majority of what you own in bitcoin gold you you can be sure you won't regret selling it early. But really, I don't think you will be regretting it afterwards. This bitcoingold is clearly a shitcoin and a poor effort to scam everyone who gets caught in it.
Besides, it's free, why should you regret selling free stuff for free bucks,,? Well, if you didn't buy tho. Haha.

Yes it might be true and as expected most of those BTG holders will drop and dump their BTG in exchange for other optional currencies or even Bitcoin itself. I don't know if this is true but i kept hearing this thing, they say that it is just another useless forked coin.

They really aren't wrong. Bitcoin gold (similarly to Bitcoin cash) were just forked coins that people see as an opportunity for free money for the most part. I haven't really seen people be enthusiastic about the fork and what it will bring. Part of this probably comes from the fact that many knew that Bitcoin would drop due to the large amount of sell orders after the fork. It basically slightly popped a bubble.

uncomparable ,as in nothing to be compared,bitcoin is a moving cain.an stablished and reliable,while that BTG is nothing.its being DOA since yesterday when it was released.

Bitcoin gold is not an alternative coins but bitcoin splitting.  The hardfork has happened on 23_10_2017 according to the information from coinbase. Bitcoin gold has already been listed in yobit and others exchangers that support it but the coins has not been distributed yet. You can get your share of the splitting coins by live your coins in the exchangers wallets that support bitcoin gold and online or offline wallet that will support bitcoin gold.

Bitcoin gold is not like an altcoin which were created separately, it is a fork of bitcoin just like bitcoin cash.
Expert traders say that forks are bad for bitcoin as these forks saturate bitcoin by different bewildering issues.
So, it is better to dump this coin as soon as you can.

Bitcoin and Bitcoingold in a sense have the same tech since btg is just a forked version of btc. The only difference is that there are added and edited features on btg. Still, the different features added on it is just bullshit and made it worst when compared to the other hardforked version of bitcoin which is bitcoincash. I also encourage thee, OP, to not hold btg because most of the users will dump it and there aren't many people that are willing to buy it. You'd be better off holding btc itself or hold bcc.

I do not think you can even think about comparing the both of them. BTC gold for me will be there for a short time before the price start to dip and then nobody would even consider this coin, whereas on the other and the demand for the btc will only rise and too will the price as and when hard fork keep happening

These new cryptocurrencies resulted from bitcoin forking (Bitcoin Cash and Bitcoin Gold) is like an offspring of the split int bitcoin network. That means that the total supply of BTC, BCH, and BTG are all the same, with a count of 21M. What makes the difference? There are actually two things that makes the difference: starting price and the support/loyalty of the holders and users.

First, the starting price of these cryptocurrencies will make the difference in their market cap. As of now, bitcoin gold's value is listed at $139.00 in coinmarketcap.com, which is even way far from bitcoin cash's value which is listed at $350.00. This means that if we look at the market cap of these two, bitcoin cash is still more reliable that bitcoin gold when it comes to its potential to rise up.

Second, the support of MOST PEOPLE is in BITCOIN. That can be reflected by their price alone. Bitcoin has reached its all time high price of $6,000.00 last week. People have bought bitcoins a week or two before the forking which is probably the reason why its price has rose up to $6000. One reason behind that is to take the opportunity to get BTG equivalence of the BTC they bought. This only shows that people are still patronizing bitcoin at this time, risking their money with no assurance about the value of bitcoin.

I think you should hold btg like btc.To me btg seems promising.There are now some new crypto currency in market and they seems promising btg is one of them.you can hold it and make money from it

Thanks for this giving me an idea about the two crypto currency now about hardfork come.
Maybe I buy and hold this new altcoin now I know it has a big potential like btc high price value in the market.
Thanks sir, I hope all shared about this for further explaination!

I don't think bitcoin gold will hold to it's value right now, I don't know how much support they will get and how they will fare in the future. They claimed that they have replay protection while it's not ready yet so it's one of red flag that made me didn't want to hold it.

BTG is just a simple and stupid coin. You should dump. Doesn't make any sense hold this scam.

You're absolutely right, it will be dumped by the holders of bitcoin who were
fortunate to get some free coins, and the market will react accordingly, i.e., it'll
crash.  Temporarily, perhaps.  The main question in my mind is whether it will rebound
to the extent that holding bitcoin gold (or BCH) makes sense.  I don't know if there'll
be any real use for it other than to trade it on whatever exchanges list it.  I'm sort
of leaning toward thinking it won't be useful at all, and I highly doubt it's going to
see any real use as a currency, or even as a store of value.  We're already seeing
BCH turn out to be a crappy crypto, and bitcoin gold?  Yeah, probably it's headed
down the same road.

I did have some bitcoin when the fork happened, so I do own some btc gold.  I haven't
claimed it yet, and I'm not even sure if it's really worth it.  I didn't get much.

Do you even have Bitcoin Gold in your possession? Most people do not. The mining and such isn't supposed to start until November 1st.

If you have Bitcoin Gold in a wallet, who did you acquire it with, which exchange are you working with? It's the only way to have acquired Bitcoin Gold at this point.

Really depends on what your personal outlook is.

If you are a bitcoin holder then you should probably sell off your BTG for bitcoin when it is still quite valuable(this is what i'm doing at the moment). However if you are a big BTG fan, then go with BTG and sell your BTC for it.

It is entirely up to you, but as i said, i don't like the project at all.

Its incomparable first bitcoin at its state can prosper for another margin of time,progress is indeed and value continuous to dominate the crypto world.while BTG is a trial and error,that if they get more sympathy from the community and get the attention of the majority so it will stay but if not it will be dumped .so for me..dont try holding it,just focus on btc

I think you should hold BTG also because BTG is now new in market and with in its release it become popular among all. BTG is available at low prices right now but it is well known that in coming years it value may be increase 10 -100 times.

it will never be like BTC, almost every one now are handling or keeping and saving many bitcoin those who have a big stakes in the  btc will be the richest person in the crypto world now, btg is not that good for me, it is just like another coin fork like bcc.

as for me, bitcoin gold is just another free money given to those who participate at fork, for now, but as what i have read from some articles that it is mineable this november, so i guess those who had BTG right now are those given free and its expected that it will be dumped.

Bitcoin is far far better than bitcoin gold, even bitcoin cash is more better than bitcoin gold. Even Theymos also says Bitcoin Gold is a scammy cash-grab https://bitcointalk.org/index.php?topic=2317453.0. Don't hold bitcoin gold, it will become trash soon.

its up to you if you want to buy and hold that new coins called BTG, but for me i will stick to one coin which is the real one "bitcoin". for me i dont want to buy/bought any other coin asides our bitcoin and hold for long term, besides i will catch-up the free money that bitcoingold has after the fork. then back again on our precious coin which is bitcoin. and it think theres a lot  more forks to come and many new coins will exist rather than this recent coin BCH and the upcoming new coin BTG.

of course you should. but not like what you did in BTC, BTG is a free coin, meaning if you have you a bunch of bitcoin on your wallet, you should get bunch of BTG too. and thats for free, but after you got that free coin, you can back onto your original coin which is bitcoin, im not suggesting to dump your new coin (BTG). its up to you if you will hold it for long. but remember , BTG is not like a bitcoin.

Better to just stick to the original. Btg has been on a hard slide ever since it's debut and i don't think there will be a large following for this coin. It would be up to you if you're going to gamble with it but for me, i'd stay with what's already proven

Hey :)
Quite obviously bitcoin is something that no one can compete with , thus if you are thinking of investing in the future you can just opt for bitcoins without second opinion, also everyone got free bitcoin gold thus you might have that in your wallet too.
I will suggest you to keep it in the wallet because who knows what its value will be , and even if its value falls down then you can just thinki that you never got your bitcoin gold, but if its value increases then you won't repent.

Bitcoin gold was just launched and not much is Knowm about it right now but its mainly produced so that the Bitcoin ecosystem can become decentralized again , with the aid of segwit2x it aims at doing just this.
It was also stated to be a friendly fork by its developers.
But obviously it evolved around bitcoins thus they will always have the high end in any situation.

Bitcoin gold felt just like a big opportunity to make quick money for bitcoin holders, the only difference i see is the change from the mining perspective, trying to decentralize the model already established in which only the big mining companies have the opportunity to get the rewards.

Seeing it drop from its release 3 days ago from $500 to $100 just goes to show how little support it has.

does anyone know when a btg wallet will be released?

kind of hard to dump it when they don't have a wallet. you'd think they'd release one

All men are by nature conservatives. It is difficult to imagine that they immediately accepted the new coins. But that does not mean that gold bitcoin has no future. Maybe now the price of this coin will be reduced to a minimum and all users will abandon them. When whales want to make money on this coin they are all bought up and artificially raise the price. Then the story of the rise of bitcoin may be repeated.

Never believe in Hard Fork!
Generally coins enter into market through ICO or Token Sale. So the value of coin is backed with the investments made by investors during ICOs.
But in case of HardForks or Airdrops, people get free coins. Now buying/selling free coins can be too risky as value is completely hollow. This hollowness make prices too volatile. So never invest your valuable money at least in fork or airdrop coins.

I think it's way better to sell it, but you can hold it if you want. There are a few things I don't like about this coin. They claim they want to make mining decentralized again, and that they want a fair distribution of the coin. To do that they will make it an ASIC resistant coin, so you can mine it with a GPU. I'm ok with that, although there are already several options like in the market. Bitcore is one example of that, and it offers way more things than the bgold thing.

As for the fair distribution, they even did it worst I guess. First they got some pre-mined coins (that they can just sell for profit if they want), and second wouldn't it be better to distribute the coins with an airdop? If they are mirroring the actual distribution of BTC how are they making it any fairer?

I wouldadvise you to sell it and buy more BTC with it, but if you really want to invest in the GPU mining thing, then I suggest you sell bgold and buy BTX, it's cheaper, and it's far more advanced than bgold in my opinion.

BTG is Fake fork of bitcoin without any support . theymos describe it



Source https://bitcointalk.org/index.php?topic=2317453.0 (https://bitcointalk.org/index.php?topic=2317453.0)

But how can I sell it if I can't access it? I got my coins in a Bitcoin Core wallet.dat file, im looking at the https://bitcoingold.org/ website and under the "Wallets" section, all I see is:

-Coinomi
-Guarda
-Freewallet

So what the hell im looking at? It's confusing. Why isn't there a "Bitcoin Core Gold" software so I can safely access the coins? I must be missing something here...

Bitcoin is still the best coin to mine , it had a really big pre mined coins but it hasn't affected the price till now in any way unlike btg the price has already fallen , many exchanges like bittrex still hasn't supported because of various errors from the newbie developers , it's still ranked 900 all this was basically a waste

Get rid of bitcoin gold as fast as you can, at least bitcoin cash offered replay protection and seemed a more serious project, bitcoin gold is looking more like the project of amateurs, so do not take seriously such a bad project, forget about it and do not look back, so do not make the mistake of thinking of bitcoin gold the same way you think about bitcoin.

you can not send your bitcoin gold to another person, you can not do anything with your bitcoin goldies because they are totally useless, just try to tell me something that you can do with them..
bitcoin gold is a weak coin, it has only been dropping, just look at bitcoin cash, it dropped too, but it dropped in just a matter of weeks/months, bitcoin gold dropped more than 80% of its first value in just three days.
It is useless as fuck.

I like the way you present the difference between Bitcoin and Bitcoin Gold. This is a very objective manner of looking at the two coins. I hope responses will be like this. Oftentimes, I can only hear subjective interpretations about the fork that just happened very recently. When asked with the difference between the two coins, and the future of Bitcoin Gold, the answer is mostly that Bitcoin Gold is nothing but garbage. It may be so but it would be nicer to hear a little more detailed and realistic answer. 

Daily trading volume of BTG in recent times is really very low and no one pay much attention to BTG. I think we should continue to invest in Bitcoin as it will be more stable than other markets and certainly no altcoin can replace Bitcoin.

Bitcoin is not even comparable to BTG. BTG literally just copied the code, added some tweaks, and slapped Bitcoin Gold on it. The community behind BTG is non-existent.

I dont think that BTG is so strong. Bitcoin will be the best and strongest in the cryptoworld! Bitcoincash was a better fork than Bitcoingold is!

That is correct answer. There is nothing to compare! I will say even more - for me BTG is more closer to scam than to regular coin or even token.

BTC is still developing better because this market is more likely to develop and in the future BTC will have many potential investors from the stock market. For me if you invest in BTC you will surely make a good profit

Yeah now almost all the people are having the bitcoin but not the BTG the bitcoin is the best thing and the bitcoin will give you the hold price of the bitcoin so get the profit so it is increasing in the value so get the bitcoin price and the profit will help you to be the bitcoin as the huge income. It is the time of the bitcoin because the bitcoin was the best investment and the price will give you the return but slowly and continues value.

most people says that bitcoingold is not worth it to hold because there no real developments on it, so i dont think it will become popular among all and i think that it will become forgotten by the mass soon just like what happend on bitcoincash. yet there were still people are holding on thier bitcoingold thinking that its value could still pump on the future although thats impossible to happen because majority of them will just dump thier btg after the fork.

From Bittrex Support:

"The BTG on-exchange snapshot was completed at block 491,407.

Currently there is no wallet and no public network for BTG so it is not transferable (no deposits or withdrawals). Any other exchange trading BTG is trading IOU tokens.

More details:
https://support.bittrex.com/hc/en-us/articles/115002320451

For further information, please contact the Bitcoin Gold team:
https://bitcoingold.org  "


Makes sense since mining starts Nov 1st, need mining or POS wallets to have a blockchain.

I think you better sell those Bitcoin Gold of yours and buy Bitcoin instead. This is another copy of Bitcoin that will probably find it very difficult to attract solid and sincere followers. We cannot foresee what will happen in the next 3 to 5 years though, but for now it is wiser to invest in Bitcoin rather on another coin that is not even as anticipated as the previous Bitcoin Cash. Let us hear what others have to say though.

Bitcoin uses high end machinery and controlled by small group of people with powerful computers and uses ASIC. BTG  uses less powerful machines which decentralizes the network further and opens up to wider user base --- a fork or aplit in the bitcoin chain.

i think its better to hold bitcoin than bitcoin gold or bitcoin cash because bitcoin is always be a leader for crypto currency world. and if i have bitcoin gold, then i will sell all my bitcoin gold and save the bitcoin while i can wait the higher price for btc to sell. i think bitcoin gold can not compare with bitcoin because bitcoin is always win and will be in the top from all the coins. so whatever you choose, its better to choose bitcoin than any of coins especially for the clone of bitcoin.

There is another fork on the way which will cause Bitcoin to split as BTC and BTG. However, i don't expect exchanges to show it as much interest as they did for BCC in the past. I personally believe that these are more like airdrops rather than fork. Maybe for BCC but definetely not for BTG.

Dump the BTG it will only weigh you down. With the turn the market is doing the only safe long term hold right now it BTC. Even with the fork coming up. JUST HODL.

Don't sell for less than 100,000
We are the new 1%

The whole idea of such comparison is nothing more than irony as I think. There's no predictable future of BTG at all, so, what do you expect to get by holding it? It will be also too good to stop these Bitcoin xxx forks scam.

I was very discouraged by BTG becuase they forked it in secret weeks ago, premined it, had a failed ICO and brings no value to the crypto world other than being GPU mineable. I have a friend ready to start mining it, I’ll stick with Eth and Zcash.

I agree with you for personal point of view.
For technical side, BTG may be interesting

bitcoin gold(BTG) is never can compete with BTC
if only compare with BCH(bitcoin cash) BTG lost, under BCH, BTG dev not seriuos develop BTG

I think the BTG market will crash again a good bit once people can get it onto exchanges. Might have a nice bounce or stabilize after though.

Bitcoin gold is just another alt coin. Many people saying that the coin is scam because there are many larga ammontu premined. Arround 800k coin is premined. Bitcoin gold is just like bitcoin dark or another alt coin using bitcoin name and the airdrop using bitcoin as a base of airdrop.

Bitcoin gold is a shit coin. Bitcoin is not. So don't compare. Bitcoin gold cannot even get closer to bitcoin as a matter of fact. It failed to keep up it's promises and the very first day of bitcoin gold being introduced in the community, it got a DDOS attack. Bitcoin cash has more potential and the standards of bitcoin cash is very High when compared with bitcoin gold.

I doubt there is any person in the forum with strong faith in bitcoin gold, at least with bitcoin cash you could see a few high ranked members having discussions about why they believed bitcoin cash was a better choice, so it had a small amount of followers but this is not the case with bitcoin gold and to be honest is very easy to see why that is the case, bitcoin cash is a different way to look at bitcoin while bitcoin gold is nothing more than a money grab.