Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mpamaegbu on February 05, 2018, 04:23:33 AM



Title: Monero Gold: A bad taste?
Post by: Mpamaegbu on February 05, 2018, 04:23:33 AM
Listed barely a few days ago on the CMC and coinexchange, Monero Gold (XMRG) has finally disappeared from the exchange in what looks like a massive dump as the coin has plunged beyond control. Is this another scamming ICO?



Title: Re: Monero Gold: A bad taste?
Post by: rommelzkie on February 05, 2018, 04:41:31 AM
Yes monero gold is a true scam.

they used a simple trick

Monero gold runs on ERC20 Token (Ethereum Smart Contract)   <---- Monero has its own blockchain. it doesnt need to run on ERC20 ETH smart contract.

----------------------------------------------------------------------------


This is a legit monero hardfork https://monerov.org/

at block 1529810




Title: Re: Monero Gold: A bad taste?
Post by: mahamuda on February 05, 2018, 04:55:14 AM
what about monero and monerov? have you heard about them?


Title: Re: Monero Gold: A bad taste?
Post by: tsaroz on February 05, 2018, 05:07:15 AM
what about monero and monerov? have you heard about them?

Monerov is a finite fork of monero. Everything principle of both the coins are just the same, the mining process and transactions but the two coins would split on block 1529810.
https://image.prntscr.com/image/mGb9JUHNR-amWFO5vXAxcg.png


Title: Re: Monero Gold: A bad taste?
Post by: sltshp on February 05, 2018, 05:08:15 AM
Monero Gold seems kinda sketchy to be honest, I personally would stay away from it. Please do your due dilligence before investing...


Title: Re: Monero Gold: A bad taste?
Post by: Mpamaegbu on February 05, 2018, 09:07:28 AM
Yes monero gold is a true scam.

they used a simple trick

Monero gold runs on ERC20 Token (Ethereum Smart Contract)   <---- Monero has its own blockchain. it doesnt need to run on ERC20 ETH smart contract.

----------------------------------------------------------------------------


This is a legit monero hardfork https://monerov.org/

at block 1529810
Thanks for the link. I am now on the telegram group waiting for the airdrop. But how does a forked coin give out 1:10? Isn't fork supposed to be an equal split that must have the same total supply? Again, how do forked coins get the extra coins they distribute as airdrops since those holding the old coin are going to get the same quantity in the new coin? Where do the airdrops come from?


Title: Re: Monero Gold: A bad taste?
Post by: Kolokoy on February 05, 2018, 09:12:33 AM
Listed barely a few days ago on the CMC and coinexchange, Monero Gold (XMRG) has finally disappeared from the exchange in what looks like a massive dump as the coin has plunged beyond control. Is this another scamming ICO?

I invested Monero Gold yesterday as I saw it in CMC's top gainers and losers.
I pulled out $500 out of my Tether Stash and hit buy Monero Gold XMRG right away.
I know it will soon pump so I could start trading and see how this Monero fork would be in the next few months from now.
I'm an investor so I really care to invest any amount to taste this new forks.


Title: Re: Monero Gold: A bad taste?
Post by: monergo on February 05, 2018, 10:22:41 AM
Quote
Quote
This is a legit monero hardfork https://monerov.org/

at block 1529810
Thanks for the link. I am now on the telegram group waiting for the airdrop. But how does a forked coin give out 1:10? Isn't fork supposed to be an equal split that must have the same total supply? Again, how do forked coins get the extra coins they distribute as airdrops since those holding the old coin are going to get the same quantity in the new coin? Where do the airdrops come from?

I'm no expert but from what they say they are going to move a decimal point to affect all of the blockchain.
It seems like this is tricky and they will need to address a 'bignum' change (versus intereger) soonafter.


Title: Re: Monero Gold: A bad taste?
Post by: 5thFear on February 12, 2018, 12:49:25 PM
I have few monero gold.. what should i do with them ? i mean should i keep them or try to dump them ?