Bitcoin Forum

What exactly is up with bitcoin gold? How does it work? Why did it go up so much so quick? How did people purchase it?

It was distributed to people based on how much BTC they held at the time of the fork/snapshot. if you held 1BTC at the time - you got 1 Bitcoin Gold.

bitcoin gold is forked coin from bitcoin you can get it for free if you hold bitcoin at your wallet at the day forking happend, if you want to buy it you can go to some market like yobit to buy it

Bitcoin gold yet is too young. And for fast transactions and low commissions there are many other altcoins

I think BTG is malicious speculation products, including BTG's price is also caused by malicious speculation. So far, we have not seen any highlights of the BTG, and the bifurcation has failed. BTG technical strength completely inferior to its two brothers BCH and BCD, at the same time I think it will not be SBTC opponents, albeit altcoin.

i never trust a forked coin from btc. they all just trash, a bitcoin wanna be. i take a free coin from fork but never buy it from an exchange to trade it

It is a shitty coin, dont buy bitcoin gold because we all know what is going to happen with this coin, it will suddenly go down and everybody who invested a lot of money in this coin is going to lost almost all his funds.

Be smart, we are not going to see the same scenario that happened with bitcoin and bitcoin cash, because that was just created by the miners. And miners doesn't like bitcoin gold.

And now it is on the #7 of coinmarketcap because it has a lot of volume and a big capitalization, but it does not mean anything.

I would say that Bitcoin Gold is similar crap as Bitcoin Cash - both of them are rather useless and were made only to gain some quick profit for their founders.
However, Bitcoin Gold, unlice BCH, has at least a better hashing algorythm implemented.