Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: taera247 on December 06, 2017, 12:49:12 PM



Title: How is bitcoin gold trading?
Post by: taera247 on December 06, 2017, 12:49:12 PM
Everyone who owns bitcoin will receive bitcoin gold. This is being issued at the rate of 1 bitcoin gold to bitcoin. Since bitcoin gold was issued, its price has plunged over 66 percent, trading at just over $161 per coin, according to Coinmarketcap data.

It appears the sell-off was due to investors dumping the cryptocurrency, perhaps signaling a lack of faith in the newly-created coin.

Bitcoin also fell sharply Wednesday before recovering and other cryptocurrencies like ethereum took a hit too.

Bitcoin gold has faced teething problems in the few hours it has been around. The website for the new cryptocurrency suffered a distributed denial-of-service attack, which is when a server is overloaded with requests.

And many major cryptocurrency exchanges have not begun trading in bitcoin gold yet.


Title: Re: How is bitcoin gold trading?
Post by: brianc1 on December 06, 2017, 12:52:10 PM
It's been stable enough the past while, I only have about $300 worth so I think I'm just going to leave it there, it didn't cost me anything and if it goes up in value all the better  ;D