Bitcoin Forum

If my math is right, Bitcoin Gold should debut tomorrow with a market cap of over $6 Billion, making it the #5 currency on Coinmarketcap, knocking Litecoin out of the top 5.  From there, who knows.  I could see it initially dumping pretty hard as it goes live.

This is amazing. Money is flowing right out of Bitcoin into Bitcoin forks. Next year will definitely be the year of the fork.

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Isn't Bitcoin Gold already out? Why do you refer to it as making a debut?

It's in "test net" right now, and as far I know, only futures are trading.  It's official launch of "main net" is tomorrow 19:00 UTC, and I'd assume that at that point it will get a full listing on coinmarketcap, and it's circulating supply will be updated so that it can be properly ranked.

https://cryptocoinmastery.com/bitcoin-gold-launch/

It is entirely possible for bitcoin gold to be a part of the top 5 coins on coinmarketcap, but the big question is how long will it be able to hold onto that position? I am a firm believer of bitcoin and its features and I don't trust any of the forks much. Majority of the forks seem like cheap strategies to make millions in a short span of time and the abandon the project. I am cautiously observing bitcoin gold. Lets see how far it goes.

Seems that Bitcoin Gold is attracting many investors. What is happening to Bitcoin Cash now is causing many people to invest in Bitcoin Gold. It might be pumped like Bitcoin Cash and people want to buy it in a low price. But personally I'm not sure it will happen.

With 0 pre-mined coins BTG would be best thing ever. With premine is...  :-\

Another dilution and unnecessary one at that. Bitcoin is all that is needed. All these fork coin should be completely abandon. We shall be fine with bitcoin cause from the look of thing, fork situation has completely halted developmentvin bitcoib ecosystem.

Some dreamers think that bitcoin will die due to these fork coins. Up to them, forkes are much better, which is actually wrong.

Forks are now being pumped to show bitcoin is powerless. Imagine there are 17 million pre-mined BTG... Just crazy.

Given that the futures markets are pumping so hard into the launch, it will probably dump pretty hard when the mainnet launches and people start sending their coins to exchanges. The fact that it was launched on exchanges before the coin even existed means that the entire hype cycle can play out right now, before the blockchain is even public. Great for those who had coins on exchanges like Bitfinex or Yobit at the time of the snapshot.

I think it was irresponsible of these exchanges to let people start trading these coins based only on the snapshot. I'm not talking about futures contracts -- people are literally trading coins that don't exist. Legally, what would happen if the mainnet  is never launched?


Based on what I've seen from the BTG team...... no. The lead developer is a script kiddie who had no idea how to approach replay protection. This is just a cash grab!

I think BTG will dump hard when it starts trading. It does not have the Bitcoin Cash
like power backing it to stay high too long.

Now trading over $400 for BTG

Hell yes no software, nothing tested, hell they just wrote "Getblocksubsidy" yesterday so they could support mining pool proxy's.

I repeat NOTHING has been tested.

The launch at 12NOV@1700UTC if it happens, will be a complete kluster-fuck, but that appears what they want, they can blame DOS for the failure of code to launch,

All the code coming into BTG ( github.com/btcgpu ) is coming from bounty, as the idiot dev's in Bulgaria/China can't code C++; Nobody has any idea of what they're doing, nor do they care, what is known is that yes, CAP will be in BILLIONS and these dev's with their +100 Million pre-mine will cash out and slip away, remember virtually everybody is ANONOYMOUS in this scam.

The fact that all the exchanges are in on this is TELLING that all exchanges are scams,

Somebody is going to lose big on this, what has been lost is BITCOIN, 1,000's of PPL have taken THEIR BTC out of storage and SOLD to buy these 'SHIT-COINS': Alts, & BCH/BTG

Because inherently what we have here is GREED attack, the likely outcome will be GOVERNMENT INTERVENTION to protect IDIOTS,
STudy tulip mania, or any 1700's madness of the crowds, the end result is never to blame the greedy fools the outcome is to always create more GOV regulations


It's well known that BCH is owned kept alive by BITMAIN(alibaba), but BTG is owned by Jack Liao, who simply wanted to play the same game that BITMAIN was playing, its better to pull shit-coins out of your ass than mine them, and more profitable too

I understand you, but i don't see a reason for being so negative. Yes, things will get messy, yes, some people will loose, but that is always happening. You want to invest, be prepared to loose. And if you understand what is happening, make some profit for yourself, don't be just negative about it.

Today is BitcoinCash on top. His marktcap is growing very fast.

Bitcoin gold may very well enter the first five best crypto currencies in the near future. Those improvements that are made by his team will greatly increase the rating of this coin and after a significant descent it will again rise in price. The appearance of coins with improved qualities is not something bad, although it carries a certain threat to the existence of the original bitcoin. But this is the market and the strongest survive here. Only in this way can the crypto currency develop further.

What improvements, seriously? They just renamed ZCash to Bitcoin Gold and premined coins to make 1:1 giveaway (not sure, cause there's
still even no blockexplorer).

This will make 2 of the top 5 coins forks of Bitcoin. The Bitcoin Blockchain is slowly going to engulf the Crypto world is these forks keep happening. The crypto marketcap has already been inflated by more than $26 BILLION thanks to Bitcoin Cash (which is about to pass Eth for number 2 spot).

Good luck and Stay safe! :P

this is crazy, bch has reached $1683 and is at number 3 in coinmarketcap. is bch able to pursue btc? i wonder, what caused the bch to rise drastically?

It takes superb coordination, concensus, and a lot of money to execute a fork. Subsequent forks will likely be dead on arrival. Too much risk for large PoW resources to be allocated. I think you’ll see BTC/BCH and potentially another fork down the road that could be successful, but all in all splinters of other Alts will eventually die off after the smart money pumps them up.

i am amaze that bitcoin cash replace the ethereum place in the coinmarketcap and bitcoin cash is increase the volume and now the price is up to $20xx. but i don't know for bitcoin gold that will be on top 5 on coinmarketcap or not because its like bitcoin cash after the coins is released, we need a time before we can see bitcoin gold its increase like bitcoin cash. i wonder what will happen if bitcoin gold is really come out like others said and i think the market will be affect for the price of bitcoin gold and also bitcoin cash.

Yes it is possible for bitcoin gold.It will surely rise up after it hit coinmarketcap.

With the recent pump of DASH, LTC's place in the top 5 is already pretty endangered. Personally i don't see the need for another bitcoin fork after bitcoin cash, bitcore,etc., but others seem to value bitcoin gold quite a bit.

Right now it's trading at over 0.05 BTC(BTG futures).

That means that market cap comes in at 5+ billion. I would expect an initial pump to take it over 7 billion, before a dump.