Bitcoin Forum

Economy => Trading Discussion => Topic started by: lukaexpl on October 26, 2017, 11:06:02 AM



Title: Can someone summarize what BG1 and BG2 tokens on Bitfinex summarize...
Post by: lukaexpl on October 26, 2017, 11:06:02 AM
...and why are they valued at 5000$ and 134$ respectively at the present moment?


Title: Re: Can someone summarize what BG1 and BG2 tokens on Bitfinex summarize...
Post by: nl247 on October 26, 2017, 11:09:49 AM
BG1 is the incumbent Bitcoin blockchain while BG2 is Bitcoin Gold. A little research would have helped. You can view the following link for more information
https://www.bitfinex.com/posts/230
I believe that should explain further.


Title: Re: Can someone summarize what BG1 and BG2 tokens on Bitfinex summarize...
Post by: lukaexpl on October 26, 2017, 01:32:36 PM
BG1 is the incumbent Bitcoin blockchain while BG2 is Bitcoin Gold. A little research would have helped. You can view the following link for more information
https://www.bitfinex.com/posts/230
I believe that should explain further.

I visited the page you mention and it didn't really illuminate the matter.

What does it mean that I can destroy my tokens? Why would I want to do that?

If Bitcoin is split into legacy chain i.e. BG1 and Bitcoin Gold i.e. BG2 why is the sum of BG1 + BG2 approx. 800$ short of price of BTC?


Title: Re: Can someone summarize what BG1 and BG2 tokens on Bitfinex summarize...
Post by: lukaexpl on October 27, 2017, 06:50:12 AM
As I thought. Suddenly it is not so clear.