Bitcoin Forum

First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
is it TRUE?

As I know hard fork 2 will be happened on 25th October. After the 1st hard fork on 1st August Bitcoin price has increased very quickly from more than 2k$ per Bitcoin to more than 4k$ in few days. I hope that after 2nd hard fork on 25th October it'll be the same with what happened after the hard fork on 1st August maybe Bitcoin price will get over 5k$ after the up coming hard fork :)

i hope so with cross finger that the price of BitCoin will boom more than 6k$ ;)

If this 2nd fork gives BTC more value, and also if it makes BTC better for all, then it wil be definitely a win situation for all of the BTC users. But this kind of things are always new things, that add more volatility to an already very volatile currency. Let's hope for a hard fork without issues, and for a better BTC

what is this "Gold" that people have been talking about (and by people i mean brand new accounts like yourself making new topics).
all i could find that was closes was BitGold which is pretty old and it was nothing interesting at all.

so if you have any information please share it with proper links here

If i'm not mistaking it's just an altcoin that wants to ride on bitcoin's success by using bitcoin's name and just attaching "gold" at the end.
I can't find the website in my browser's history, but if i'm correct, it's an alt that switched to an algo that is currently only cpu/gpu minable.

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/  (https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/) there you're sir

it seems to me, if the second fork will charge the holders of bitcoins the same freebie as the first. And this new bitcoin will grow to $ 1,200 per 1 piece. The holders of the bitcoins should be prepared for this, because this is a chance to multiply their capital several times.

Even people i mean brand new accounts like us get attention and links about another fork from legendary members why u can't?
i'm not spreading rumor my friend. i'm newbie thats why taking advice and knowledge from experts like you. thn.ks for guidance.

This was also my question few days ago. Don't really have much knowledge about fork but I just hope this will bring something that is advantageous for BTC holders just like what happened last fork.

just like first fork if it happen again and another shit comes from BTC then price of BTCwill be BOOM 5k$ +

Hope it will really be the same as the first one. Bitcoin's price nowadays is still at $4k mark. I was anticipating it'll reach the $5k mark this September but it didn't so hope there would be good news this October.

Bitcoin gold probably the swankiest name of all the bitcoins, is being led by someone named Jack liao Li, he's the head and the CEO of a cryptic mining company in Hong Kong, it appears as of now Bitcoin gold will launch October 25th the same as i think that we saw with Bitcoin cash it launched about five or six days earlier. It will be put on two exchanges around the world on November.

Lol bring on the forks. Don't sell right when it comes out, wait until some dumbass pumps it then sell sell sell! I'm so glad I sold my BCH at over 0.2BTC each! They aren't even half that now. Piece of crap altcoin garbage haha. Anyone can fork off of bitcoin, it doesn't make it worth anything.

I have read an article about the Bitcoin Gold or BTG that it will surely fork BTG from BTC and might cause another airdrop kind of event and events like this just like what happen with Bitcoin Cash it will surely create a dividends that when you hold some BTC you can surely get free Altcoins, I say it is great if we are getting free right? and Everyone should buy Bitcoin before the Bitcoin Gold fork day so can get their free BTG. but unlike Bitcoin Cash that become hostile to bitcoin and deceiving uninformed investor by not telling that it is just a dividend of bitcoin BTG is friendly to Bitcoin because it clearly identifies itself as new cryptocurrency.

uniquely beginners will be scared in such a situation and any cataclysms in the world of crypto-currencies will be accompanied by panic sentiments and the security sale of all coins, not only Bitcoin, but also altcoin.

I sold some at 0.07, saw it go all the way up to 0.27, but still haven't sold the rest. It's a lot of work to get out of cold storage. I'm almost prepared to do that now, but it's annoying if I have to do it again later.
At the last fork I had to scrape all my addresses from all my wallets.

True. But not anyone can hype it enough to get any news coverage. Cash did, and Gold did it already too. It's not the fork that gives it's value, it's the publicity.

it is all good though.
each time there is something like that and they create a new altcoin forked from bitcoin, it just makes bitcoin stronger.
of course the first time there will be a lot of panic because it is unknown territory. but after a while it will become old news. this upcoming one is the second one after cash and it will have smaller effect. and after that i don't think there can be any other fork that is capable of creating any fear at all.

this is just a start. i expect so much more forks like these.

before all the bitcoin forks were actually trying to creat a new coin. and actually contribute to the technology. you can look at Litecoin and its creator Charlee Lee for a good example of a good coin forked from bitcoin.

but this new wave of coins forking from bitcoin are just trying to make money. usually it is with the airdrop, mining and pump and dumps.
this bitcoin gold one choose to also premine the shit out of it before release too.

I think this is quite possible. for many bitcoins, it was successful, selling a new BCC, especially when it reached $ 1200 per piece. If this happens again, it will be very healthy. I'm for fork of this type. It is very profitable.

I sill have some Bitcoin Cash in my Coinbase vault waiting for Coinbase to add support so I can do something with it. They've suggested maybe by January. I appreciate their attention to detail here and their intention to do the right thing, but it's a long time to deny a customer their property which they technically have in their possession. What if Bitcoin Cash crashes by then? Coinbase customers would miss out on a significant dividend.

And how will they handle the Bitcoin Gold fork? Has anyone heard how any of the exchanges will handle the fork? Have any announced plans to release it or add support for their customers?

The surest way to participate in these forks is to keep your BTC in your own wallet with you holding the private key.

ya. another fork coming with support from Bitmain. Bitcoin gold. Dont know what bitcoin gold or just dying like bitcoin cash

This is basically just another trash altcoin. This fork is nothing compared to Bitcoin Cash fork on 1 Aug. Bitcoin Cash had a major party (Jihan and friends) backing them. These guys control a considerable amount of network hash rate, that was why a lot of people worried about a possible economy split. Thank God it didn't happen.

While this Gold fork, who's behind them? They (the dev team) also have said they have nothing against current Bitcoin Core development. This is exactly just another mainstream altcoin.

it is seems that Bitcoin cash are having a sibling in a lighter version, and if im correct in my understanding Bitcoin Gold will be mine using just a building GPU of a Desktop? (correct me if im wrong) But I think this one way to prevent another crash or a bubble in bitcoin as it will divided the crypto community of bitcoin users. Lets give it a chance to see how it will play the game when it launch. If this will be successful surely bitcoin users will be divided if not bitcoin price will increase in may estimation around 20% to 30% by this year to january. Lets all watch it GUYS

Well i hope it will be like in the august,when fork happen,the price start rising to the moon
Maybe it's time to save some bitcoin till 25 october and got some BTC gold

It is an altcoin, but it is ultimately a bitcoin fork, which means it's not just some altcoin you are not related to as a bitcoin holder, because you are going to be receiving free coins. Some people like to call it "bitcoin dividends". Whatever, the point is, as a real bitcoin holder, you will get free coins in all these altcoin forks (Gold, BCash, 2xCoin..etc). You just need to dump them for free real Bitcoin, is that easy.

Hopefully everybody receives the free airdrop, cashes a bit into fuat to enjoy & pumps the rest into bitcoin just like last time which will make the price of bitcoin rise. I still haven't claimed by BCH yet but plan to this week.

it seems so. I agree with you, there will be no real impact that will happen, they are more likely to duplicate bitcoin.

it is called "profitable" not "successful". and it has not been for everyone. many have not yet even heard about bitcoin cash to claim it and many who have heard are not capable of claiming it. you can see their blocks are completely empty now, it seems mostly like an abandoned altcoin these days :o

Don't cash out anything into fiat. The point is to dump the fake bitcoins to get more bitcoin and crush the price on the fake bitcoins while increasing your real bitcoin stack. If you own 1 BTC, now you will have a nice extra (I predict around 0.1 BTC given BCash prices if you get lucky). So 0.1 BTC is hard to make these days, I would save it in cold stare with your main stack.

Yes, it is, as it is published in different bitcoin articles like this one: http://www.livebitcoinnews.com/will-anyone-care-bitcoin-gold-come-october-25th/

However, I don't think it would be successful with the presence of bitcoin cash which was embraced by a many BTC users before. the only problem that I can see here is how bitcoin gold will compete with bitcoin cash considering that bitcoin cash is the very first altcoin being forked from bitcoin. Whatever happens, I'm sure that these two altcoins forked from bitcoin will have a great impact to each other.

yeah it's true, but dont think so much about it. The forks are not real bitcoins, they are simply altcoins with a headstart. It doesn't matter how many times bitcoin is forked. If no one wants to own those new altcoins, they just wasted their energy.
look at bch, it's one major epic fail.

stick to the real chain!!

it is a free market, you can't really blame them for making some crap and you can't crash the price.
take a look at years of altcoin existence and see how they have done. those altcoins that had something to offer stayer around and even had a long term rise. but those altcoins that didn't have anything to offer, came in and make a lot of noise and got pumped in short term. they even reached higher prices than bitcoin but they never last in the long term. they die a slow death and eventually be forgotten.

I can already see what will be happening this time around. A lot of people got some FREE Bitcoin Cash, based on the amount of Bitcoin they held on the day of the fork. So if this is going to happen again, a lot of people will be better prepared for this, by buying
some bitcoins before this fork happens.

I predict a sharp increase in the price of Bitcoin, building up to this event. ^hmmmmm^

2x supporter claim that 2x is what bitcoin must be, according to satoshi idea about it. Bcause they said this core is backed by government.
Whatever, it's good to get free coin. what i know is all coin beside bitcoin is altcoin.
I only want to know who will win and get 1000 btc in bet between Roger Ver and Charlie Lee

The problem with forks is that accessing your coins is not easy and can take weeks / months after the fork.   Pulling bitcoin cash off of paper wallet cold storage is still, months later, a convoluted, difficult process.   And potentially risky.

You need clients, and wallets, and infrastructure if you even want to cash out the "new coin".

-B-

i hope so, after august 1st bitcoin price skyrocket to 4k+ if china doesn't band bitcoin the price will be 6k right now. we all hope this fork bring more fresh air to bitcoin orice that too long in the bottom

I a gree with you,
we can only hope that a good thing will happen after the 2nd hard fork, hoping the same as happened on the 1st austral fork where the btc price will increase.

Do anyone know the exact date when segwitx2 signaling will start or locks in? Any guide or blog post with important dates will be appreciated.

is it true is altcoin? if true I think it will not have a big impact for crypto itself instead. but I'm still curious, let's wait

I hope hardfork this time can have a positive impact on the bitcoin itself and can give a successful new coin like BCH but I also a little worried if fork this time is not as fast as like 1 August ago and make us can not make withdrawal for several weeks,,
Does anyone know whether we will get compensation again like when the first hardfork?

according to what I know, it's just an altcoin that wants to rival the bitcoin glory by using a bitcoin name and just attach gold at the end.
I have not been able to find the website in my browser history, but if I am right, it is alt that switch to algo which is currently only cpu / gpu which can be mined.
but I just hope this will bring something lucrative for the BTC holders as it did the last fork.

yes, "bitcoin gold" is an altcoin which is also going to change how the mining of bitcoin works so that it can be mined with GPU. if you ask me that is a futile effort but it may be interesting to see how it is really going to work.

and don't forget that BTG has a huge premine which they are calling "ICO" for some weird reason!

still confused with this one thing. I have not thought anything and decrypt it, I just see and monitor what will happen next

it seems to me, if the second fork will charge the holders of bitcoins the same freebie as the first. And this new bitcoin will grow to $ 1,200 per 1 piece. The holders of the bitcoins should be prepared for this, because this is a chance to multiply their capital several times and we also have to be good at checking how to go down its bitcoin !!

$1200 per Bitgold? A $20 billion market cap out of thin air? Anything is possible in crypto, I'll be the first to admit it right now. But you realize that this money has to come from somewhere, right? Investors need to be lining up at the exchanges to buy Bitcoin Gold. Why would they do that, instead of investing in Bitcoin, or Ethereum or any other altcoin for that matter?

Many cryptocurrencies -- even scammy ones -- offer the chance to multiply your capital several times over. How do you know that people won't immediately dump their Bitcoin Gold to put the funds into better looking coins?

you do realize that bitcoin gold has a very large premine right?
do you honestly think people are going to invest in something like that?

i am sure that BTG will get pumped at some point just like many other altcoins that are being pumped every day but something with such a huge premine and with nothing to offer can not really grow that much. so don't keep your hopes up. specially at first.

That is on the news I have read earlier today, it will happen  on the first week of November and it says the price on the market might reach $6000 before the year ends.

I have heard about this. I think hodling bitcoins on an exchanger might give you free "forked" btc's. Just like the bcc last aglugust 1, the first bitcoin fork.

I have heard that we will meet not just one, but two forks this year. One, just like you said, on 25th Ocober and another one on 15th November. Will they both happen or just one nobody knows yet, but speculators don't waste the time to play and earn on those news.

That is nice to get free coins but all those forks doesn't make any good for long term.
People want to make some cash, but this connects to what a lot of people say - it is not stable and limitations on number of coins doesn't really make sense.

I heard it too, hoping that the thing that happens to bitcoin on the first forking will also be the same as it is in the second forking of bitcoin. What I mean is that I am hoping that bitcoin price will increase also if the forking this last week of October or first week of November will be the same at it have undergone on the first. If that would happen I would gladly say that really bitcoin will be increasing more through time.

any source news  link for hard fork? I want to see the news.some one help to find out the link.Now I have some BTC , previous hard fork i missed but i didn't want miss it.

Having a second fork would also mean that the previous fork was successful in some ways. Releasing another fork would really be another news for the bitcoin and btcgold is expected to be as good or better than the bitcoincash. Depending on how miners and what are the features of bitcoin gold, it is safe to say that another altcoin is will also be the highlight for a month.

The splitting of coins is a worst case scenerio if a proposal does not receive enough support. In this case, segwit2x. As far as support goes, it's not getting a lot of it. So right now, a fork is pretty much inevitable.

With a hard fork, a split chain with multiple resulting coins should always be expected. In Bitcoin, it's always inevitable due to its high level of decentralization. What usually prevents such forks is a high level of centralization, as we see in Ethereum. In their hard forks, the founders/core developers coordinate closely with mining pools (which are much more centralized than in Bitcoin) and wallet developers.

Wallets are set to fork by default, so any users who aren't actively opposed to the fork will fork by default. In other words, the ETH developers coordinate their forks so the majority of users can be passively "harvested" (for lack of better words), rather than users making conscious choices about changes to consensus rules.

The fork on august 1 produces btc cash as a result. Bitcoin price becomes high after the fork because investors saw that it is a good time to buy btc at that time since it is very cheap making the bitcoin cash less popular and holders of it jist sell it for a lower price than the market dictates. The fork on november will produce bitcoin gold and I doubt that it will affect the bitcoin price as I see the market the trend of market now.

Oh man, 2 forks more in just a few months. Bitcoin is not a toy. Whatever it is please stop it. If you want to play just create an altcoin but do not usurp the bitcoin name.

Two instances is not a trend, but I really hope this doesn't turn into a normal occurrence.  I know the price popped after the first fork but we can't expect that to always happen.  Some dollars flowed into BCH, and those could have went into BTC.

That said... so far this one feels different.  The first fork was all over news sites, podcasts, and BCT.  I wonder if this one will crash and burn and quiet future forks.

Yes it is definitely true,, a hero ranked bitcoiner pm’ed me about it to store my bitcoin on a wallet that I have hold a private key so I can have same amount of bitcoin gold depending on my bitcoin on hold.. So I wanted to participate but the only problem I think is that I don’t have hold bitcoin as of now because of financial needs I have no choice to to let go of it.. And sold it at 4300$ per bitcoin this week..

Forks can happen daily but if the chain doesn't last long it's not even worth mentioning.

Why do you expect a lot more Bitcoin forks? I believe it is better to make better cryptocurrency with improved technology from scratch. If you fork Bitcoin you already have 150 GB of blockchain.  But of course making completely new currency for every little change is bad too.
 
Tha 1st of august fork was definitely not about making money, but more because different views of Bitcoin.

You're referring to orphan blocks -- valid blocks without a known parent on the best blockchain. These have nothing to do with forks; they are completely valid blocks. They were just orphaned when a better, valid blockchain emerged.

A fork occurs when there is a disagreement regarding validity. It regards changes to the consensus rules. If a hard fork occurs, no block from the hard forked chain (after the fork block) would be considered valid on the original chain. So your definition isn't useful here.


The UASF threat and Bitcoin Cash experiences brought us here. They showed that some stakeholders (if only minorities) are willing to permanently fork the chain rather than simply posture (like XT, Unlimited), and that the fork can be viable. It's much easier (if riskier) to fork the chain and let the market decide than to internally argue ad nauseam forever. That's why those who want contentious changes may increasingly just fork and leave the network, and enter the competition against legacy Bitcoin.

Some Core developers have also suggested that miner-activated soft forks will never be used again (at least for major changes). UASFs are much, much more likely than a MASF to result in a split network (and multiple coins) because they aren't backwards compatible without majority hash rate.

I think that the second hard fork would also fail to deliver the expected results for miners and some companies who try to do it.If it fails,then we could be almost free from such future attempts.

But for me,why it becomes a matter of serious concern is that most of miners have signed in New York Agreement to activate segwit 2x by hard fork and the situation is not just the same like as it was in previous hard fork when only two or three mining pools supported BCH.

I would like to think so too, but I think that's pretty idealistic. VCs have poured a lot of money into the current crop of Bitcoin service companies... Blockchain, Coinbase, Circle, bitFlyer, Canaan/Avalon, ShapeShift -- all heavily VC-funded. They are motivated by profit and that venture capital was, in many cases, sold on the basis of Bitcoin as a cheap, instant payment system.

The inability of the industry to force the developers to pivot to their use cases has, in turn, caused them to pivot to altcoins (or other sectors entirely; see Circle). But that hasn't made them give up. Not after XT, Classic, Unlimited, Bitcoin Cash. Why would they give up after Segwit2x? From the perspective of a VC-funded startup, it makes more sense to simply fold than to change your entire [badly conceived] business model.

So if I hold my BTC with the private key I will be rewarded with this new Bitcoin gold currency? Where is the link to this? Is it true?
How sure are we that the fork will happen ? How often will these work happen? Why are the forks happening all of a sudden and soon at once?


Don't they have to do it? For some or another reason?

the bitcoin gold fork is just a spinoff. it's no big deal. it's an altcoin and the developers aren't pretending it's anything else, so i don't see why it wouldn't happen. here are links to their twitter (https://twitter.com/btcgpu) and website (http://btcgpu.org).

if you hold BTC and you control the private key, then yes, you should get some of the new altcoin in that private key when the fork is launched. i heard there is a pre-mine, though, so i'm not sure if you get 1:1.


no one knows. it seems like the bip148/bitcoin cash debacle opened up a whole new can of worms and we are dealing with the consequences. forkers on all sides now seem to be intent on actually forking rather than simply talking about it for months and years (per the old tradition).

Yes, bitcoin gold is going to split on October 25 so we are near. And the other one will takes place on November but I don't have an idea on what specific date that test will happen on November. We have to focus first with bitcoin gold and I'm waiting on how I'll be able to claim those bitcoin gold as I have some few btc left without 's' on it. Hoping that theymos will be making a thread and a guide for that.

The November fork is based on block height, not time, so we don't know the exact date. But based on current difficulty and assuming typical block target time, the Segwit2x fork is slated to occur ~Saturday, November 18, 2017. So it's about 43 days away. There is a countdown tool that you can use to track it here: http://bashco.github.io/2x_Countdown/

Before the BCC or Bitcoin Cash, the previous fork created Bitcoin Dark. Yup, the next one is Bitcoin gold.

I am getting pissed of with the whales who creates different BTC variations.

This is a hard decision  because i am thinking of changing everything i own into bitcoin so i can take advantage of the new fork. I guess i will wait a litle bit to see what people are saying about this and try to take the advice of more experimented people in the field.

So how many more forks are we likely to see in the future? I still haven't claimed my bitcoin cash either so I should really do that soon at some point. Unfortunately I had some bitcoin on coinbase too and never got bcc for that although they say we will eventually. 

If you want to get some forked coins then you need to put your bitcoins in bittrex or other exchange because that is who the other people that i know got some bitcoincash, they put their bitcoins in bittrex and they let their bitcoin sleep on that exchange and they get bitcoin cash and easily sell it for bitcoin and got some free bitcoin or money from that.

I will not be surprised that the next fork will be named “bitcoin diamond”. How ironic this forking also upgrading its name but has the same result. Mostly a failure to replace and destroyed bitcoin. And I think it’s much better this way because always after a fork happened there is always a bull run.

Yes it is true. On October 25th, the Bitcoin blockchain is set to hard fork and create a new cryptocurrency called Bitcoin Gold (BTG). Existing private keys holding a Bitcoin balance at that time will be credited with the same amount of Bitcoin Gold on November 1st, similar to how they received Bitcoin Cash at the beginning of August. A wallet for Bitcoin Gold may not be available in time, however, which could cause a delay of up to a few weeks before holders will be able to use the new coins.

I also agree with you, when fork 1 is very happy btc the price goes up. and I'm sure the 25th of October will surely surprise us all. we will all see what happens next.

I think we will see more forks, and they will keep cannibalizing the network value. Haven't you noticed -- airdrops are all the rage now! It was the case in altcoins/ERC tokens, and now it's spilling over into copy/paste Bitcoin spinoffs. The Segwit2x backers seem to be coming to terms with the fact that the legacy chain won't die, and that they will be supporting two coins. And I don't think that Bitcoin Gold is the last we've seen of the spinoffs, either.

And even though Segwit has just been activated on the network, Luke Jr is already back pushing for a new hard fork. And he wants to repeatedly fire the miners -- brick all their hardware -- in order to make "Bitcoin" more decentralized. (I put Bitcoin in quotes because changing the POW algorithm requires a hard fork :P)

https://www.reddit.com/r/Bitcoin/comments/73x7ch/heres_the_uservsminer_bitcoin_compromise_uvmsf_do/dnx9ds8/

https://www.reddit.com/r/Bitcoin/comments/73x7ch/heres_the_uservsminer_bitcoin_compromise_uvmsf_do/do0z5ns/

He said:

"Organisms derive benefits from creating offspring. With bitcoin gold we are conducting an experiment to see if that principle holds true in the world of blockchains."

Forks are a courtesy brought to you by DCG group of companies led by Barry Silbert with his fellow minion Jeff Garzik and friend Roger Ver. Central banks love to fund their operations so they can get inside the community to circumvent Bitcoin's progress and try to destroy bitcoin.

Luckily their attempts have been marked by continuous failed altcoins...
"Bitcoin Classic" failure
"Bitcoin XT" failure
"Bitcoin Unlimited" failure
"Bitcoin Cash" failure
coming soon..."Bitcoin Segwit2x" (BTC1) failure

Recommend reading post: "Hacks Puppets and Forks - How to destroy Bitcoin"
https://bitcointalk.org/index.php?topic=1834310.20 (https://bitcointalk.org/index.php?topic=1834310.20)

hacks (these people may have been well-meaning previously...but people change...):
Mike Hearn : “the "Bitcoin experiment" has "failed." goes on to Ethereum an app coin.
Hearn - Big Bank Bitcoin Bully - https://medium.com/@tradertimm/hearn-big-bank-bitcoin-bully-c61531c082e#.okh9viyze
Craig Wright - desperately claimed to be Satoshi & then flees fraud trying to file a bunch of IP patents! LOL!
Mark Karpeles
Paul Vernon
Josh Garza
Roger Ver
Jeff Garzik (2017 recent; hard forking BTC1 / segwit2x)
"Jeff Garzik wants you to connect to his Bitcoin transaction analytics (spy) company Skry, by default, in the SegWit2x fork. Jeff is a sneaky snake!":https://www.reddit.com/r/Bitcoin/comments/6n9grc/jeff_garzik_wants_you_to_connect_to_his_bitcoin/
Barry Silbert (and his DCG portfolio of companies-ie Coinbase, Bitpay, sponsoring ilk of Jeff Garzik characters)


Bitcoin has the highest value because of the totality of what it is - if it lacked the features of what it is, then there would be no value.

If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin has all these together to make the most value and increasing more than any other financial-asset option coming from the fiat central-banking debt-system.

I wouldn't be surprised if 2018 becomes the years of the forks!
The forkers automatically have a huge user base and if they good job the forked coin will also grow in value.
It's a win win for both sides. Some users may sell for BTC while others will hold for some while and see how it will evolve.
And as we will see imo, the forks won't have any negative effect on Bitcoin in any way, as long s they are not contentious of course. Another good thing is your crypto portfolio gets automatically more diversified.

Yes if you are hearing these kind of things, this is true. The next fork is called bitcoin gold. The last time was BCC or the bitcoin cash. So all we need to do know is to know what exchanger accepts the duplication of bitcoin.

An altcoin it is. The only thing the two (bitcoin and bitcoin gold) will have in common is the blockchain all the way up to the split (somewhere in late October or November). I've seen a lot of people hope for another price surge but I really don't like the idea of yet another fork. This will only confuse new people in the space. I sincerely hope we won't split again this time and if we do the copy cat chain dies off eventually.

It seems like you're only viewing this from the perspective of a holder, so you see these forks as dividends being paid to you. But what about new investors? A few months ago, someone who wanted to buy their first bitcoins knew what they wanted. Two months from now, they might have 4+ different forks with "Bitcoin" in the name, with 3 of them in the ~ Top 10 cryptocurrencies by market cap. Do you really think legacy BTC is still going to get 100% of that new investors' money?

There's also the matter of direct competition. If BT2 (Segwit2x) tokens are trading at 0.25 BTC, that effectively means that it would take 25% of BTC's market demand, all else equal. Assuming the same amount of investment money, 25% less may be going into BTC. I'd say that's a pretty negative effect on Bitcoin.

They did let you guys know that you won't have access and they won't support bitcoin cash way before the fork had happened and bitcoin cash was created. You could have just moved away your coins and saved yourself some trouble. But you guys didn't and started blaming coinbase. Should be glad coinbase allowed users to have access to bitcoin cash later though. They did release a statement about bitcoin gold. Check their blog.

Thanks for adding that since I really don't have an idea on when that November fork is about to happen. But can somebody here tell it on what is your speculation on when this November fork will takes place aside from November 18? And if this is the final countdown then we have to wait for that day, I hope that the first one will successful so that this will lead the next fork will be successful too.

"Bitcoin Gold" has virtually no economic support, so I'm not going to address it specifically. Anyone can create one of these minor forks, and I'm not going to start advertising every little one.

The S2X one I will make a guide for within the next couple weeks.

No one knows. For now, the general feeling is that there will likely be two different coins -- legacy BTC and altcoin B2X. People also seem to agree (as the futures markets suggest) that legacy BTC will be worth more... by ~3-5x.

However, we are still a ways away from the fork, and the futures markets are probably pricing in contingencies like the fork not happening or NYA signallers dropping out. If it turns out that 90% of miners switch to B2X, I wouldn't be surprised if the market reacts differently.

Of course, not all proponents of SegWit2x agree with all of the arguments in favor of the hard fork, and not all opponents agree with all of the arguments against it. This is just a general (and probably incomplete) overview of the various arguments out there. so just wait and watch

Hard Fork 2 will be happened on 25th October. After the 1st hard fork on 1st August Bitcoin price has increased in short time. 2nd hard fork on 25th October it'll be the same with what happened when Bitcoin was split last time. And All bitcoin holders may get free Bitcoin Gold same like before all got Bitcoincash free. But conditions are, you must have to put your bitcoin in bittrex and on some other wallets till 25th October. As Bitcoin Gold i coming for trading on 1st November. 

Very unlikely there is a 2nd fork it must be very confusing to do it and have to be careful but i do not know how to get into that forum until now ,, what should i do.

I don't really know what you are asking... But if you don't know what to do while for will happen then read this: https://bitcointalk.org/index.php?topic=2017191.0 . This are tips on previous fork from well respected man in this forum.
Summary: keep your BTC on wallet in which you own your private key.

The next fork for bitcoin and that will be the bitcoin gold and that will happen at october 25 and that is the time when we are going to get a free airdrop or coins that named bitcoin gold and that is like what happened before that the bitcoin cash is created and it will have value that we can use as a basis for deciding if we are going to sell our bitcoin gold or not.

After Bitcoin Gold price will go very high. So better hold all your bitcoins.

Where did you get this information? I don't see much success with Bitcoin cash. I think bitcoin is the gold, too, will not enjoy great popularity. In any case, I'll keep your coins to get more free coins. So will do and we can therefore expect large growth rates until October 25.

He thought that price for BTC will go higher, not bitcoin gold...

I was thinking about 6k BTC

Chain split is actually not good for bitcoin in the long run.
And the more chain split, the worse it will be.
But since almost everyone into bitcoin are just for the price pump and free money (while saying it's for store of value, yeah right store of value my ass), thus hard fucks are good only for the short term.

Why do you think that will go to 1200$ ?  ??? ??? ??? ???

If the bitcoin split up to next new coin as a bitcoin gold that is another altcoin which will be listed in the top of the list. We need to wait and see whether the block size is gonna increase or decrease with the effect in the upcoming fork. I think coins in our online wallet may freeze for sometime how last time it happened.

Is it really on 25th of October? I have a wrong source because I know that the 2nd fork would be on November, maybe I am just wrong if that is true, I need to be ready on that fork. Maybe I should hold some of my bitcoin so if the bitcoin price will increase well that is good and if decreases I have an assurance that I have save some of it.  ;D

Actually there are 2 upcoming forks (1 is for sure and 2nd might happen). In this the first fork is scheduled on 25th of October and the generated coin will be called as BTC gold. This is a user generated fork. The next one is probably going to take place somewhere in the middle of the November. This is due to segwit2x.
Altcoins have already started to bleed and Bitcoin is moving up slowly.

We might see Bitcoin Gold or BTG after 25^thOctober in the market.You can say that another Hard Fork is coming, but this time it might not affect Bitcoin value that much because at the end it is just another alt having Bitcoin it its name. If somehow there is a leap in the value in Bitcoin, one thing that is predicated that it will jump to new heights than ever before. Like in the past with the coming of Bitcoin Cash there was a fear of end of Bitcoin but at the end all settled down and at the end of the month, Bitcoin crossed $5,000.

Yes this is true but we have learned from Aug 1 events therefore nobody should panic like selling their bitcoins and altcoins with urgency because if they do they will regret it for the rest of their life. What we have to do is be ready and keep hoarding so that bitcoin price will not be affected. If the value falls down at least at the slightest margin.

people will eventually start panicking when the time comes. there is nothing stopping that. but how big a panic that will be is something we need to wait and see.
one thing is for sure, because there has been another fork and another very similar situation, the panic will be a lot less because people are now more familiar with the meaning of fork and FUD needs to be much stronger to have the same effect!

There will no dump in near future and now prices are marching toward upward and there will be no chance to hit fork again and those who are talking again must have some mental issues so no need to be panic on suck kind of news just stick to your plan and hold your coin good time has yet to come and sell at that time so that you will be able to hit the profit.

Why should anyone feel panic with the hard fork since they (the sheeps) will be getting free money.
It's just serious people like me would feel the panic, because every hard fork is discrediting bitcoin further.
Surely lots of people will buy bitcoin towards its hard fork for the free money.
Fundamentally, the hard fork actually weakens bitcoin's credibility.
But people getting into bitcoin solely for $$$ (not store of value) wouldn't care about it.

Tremendously amusing project. Obviously not a scam.  I will keep an eye on this.

2 more. S2X and Bitcoin Silver

It seems to me that the bitkoy plugs in general have a positive effect on bitcoin itself. He ceases to be a monopolist and has to improve technologically to separate coins from him with some improvements in comparison with him, did not take him as the leader of the crypto currency. This is clearly seen in the example with bitkoyn cash. As soon as the initial bitkoyn began to accumulate its shortcomings, bitkoyn cash, devoid of such shortcomings, began to grow rapidly in price.

Now a days to much apps and advertising are open for those who want to enjoy and have financial freedom thats why theres more exciting happen for 2nd aFork

It will be good as long as they can reduce the transaction cost without compromising on any of the feature. Bitcoin is no longer affordable for small businesses with a transaction cost so high.

This is true that if you have to do smaller transaction of bitcoin then your cost of transaction is much higher than the actual amount sent. So if this is not taken care than I think fork would succeed and their would be many others fork which will happen in 2018.

anyone can make own fork and developers support will be less for every new fork.

if you find many support bitcoin cash and less  for gold   ...... 1 for newest one

It’s not new for bitcoin is now use to with these kind of fork it don’t care about any fork when china and Indonesia ban bitcoin so to price become drop and its users quantity become also decrees so at that time every one was thinking that bitcoin will be end but the way bitcoin fight against those ban it must be appreciated not only bitcoin bring back its users but also it come back in in its price so bitcoin is now very strong the ever.

If in September we talked about the forthcoming fork of bitcoins, now there are already seven of them at once and they should already be happening. Today God bitkomn should appear. The name, in my opinion, approaches the date of its appearance, but does not fit the name of the crypto currency at all, especially since this coin, apparently, does not differ significantly from that. There is no detailed information about these separating coins, and different dates for these forks are available in different sources.

The New York Agreement, also known as Segwit2x, was planned for mid-November but was canceled in the weeks leading up. But just recently, the fork is set to launch again. The announcement was made on December 16th, with the fork date set for December 28th

It does not matter

 They add this transaction to their block and continue the generation process. Sooner or later someone will be able to generate a block.

The Sighash_Forkid signature will be invalid on the Bitcoin source network and its other forks. Accordingly, the reverse error is also excluded and the owners of bitcoin can not confuse transactions and lose crypto-coins.

Increased security of the hardware wallet, low commission for transactions and high speed of transfers from one account to another.
Mining of crypto currency on the algorithm of Equihash. The Equihash protocol is associated with fairly complex functions that require high memory. As a result, it is unprofitable to extract forks at Asiki, so the miners with Asiki will not compete with more modest applicants.
Each owner of the original bitcoin will receive an equal number of new coins for the account of the wallet. As for the accrual on the exchange and in some services, an equal number of coins will be issued in the system that will support the Fork Plus.

Multiple signatures allow a transaction to be accepted by the network only if a specific number of certain people agree to sign it. This allows us to develop an innovative dispute resolution service in the future

In 2017, the topic of the digital currency became especially popular, which immediately affected the exchange rate: at the beginning of the year one bitcoin was given only slightly more than 995 dollars, and by the end - more than 20 thousand.

They handled the last issue in August so poorly that I am sure that they will do the same here and it will not affect Bitcoin at all, just like August. That was amazing how they just launched another coin, used the word fork a lot and then managed to make Bitcoin Cash seem more special than other coin launched that week. I am sure they will sucker a bunch of people this time too and make a crap load of money over the fact that people here are dumber than ever.