Bitcoin Gold

[migueltiu]

Is this legit? Bitcoin Gold is going up https://coinmarketcap.com/currencies/bitcoin-gold/ It increased 113% the past 24 hours

[Shishir99]

Yeah it is legit.
Bitcoin gold is increasing incredibly because it is added on Bittrex.
And people are buying it massively.
In my opinion bitcoin gold will be dumped later.

[Marileno]

Lots of action on biggold on account of it being added to the exchange. lots of speculation. I would be wary of trying to time that market as it is just as likely to go down as it is to go up. Lots of pump/dump action going on.

[Factmine]

Yeah it is legit.
Bitcoin gold is increasing incredibly because it is added on Bittrex.
And people are buying it massively.
In my opinion bitcoin gold will be dumped later.

I agree, it is just a temporary increase in prices and likely it will just be dumped after it a few days it has been trading on bittrex. Bitcoin gold is really nothing but an altcoin that borrowed the name "bitcoin." This has been the usual norm since bitcoin cash. There is really no point in them but they are selling it as if it it could over throne bitcoins as of now. I don't think it would be something significant in the future.