Bitcoin gold fork

[MiningSensei]

No, i dont think that its price will go down after the fork, probably it will be the same as ATM price, or the price that it would be hours before the fork, just remember how it was the fork of august. The price didnt go down, it went up for more than $1200 a few days after the fork.
The only one who is going to drop a lot is bitcoin gold after its realize.

[Francis Freeman]

Hello,
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?

Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).

Thanks for any advice.

Yes, you will receive the equivalent number of coins you have in your wallet, in a similar way it happened on August 1st with Bitcoin Cash fork. That time many exchanges made all the work, i.e. if you had 1 BTC on such exchanges you received 1 BCH automatically, without any effort made by you. I don't know if things will be the same with this other fork as well. In any case, to be safer, it is better if you put all your coins on a wallet controlled by yourself. Electrum is a very good choice.

[CryptoBuds]

No, i dont think that its price will go down after the fork, probably it will be the same as ATM price, or the price that it would be hours before the fork, just remember how it was the fork of august. The price didnt go down, it went up for more than $1200 a few days after the fork.
The only one who is going to drop a lot is bitcoin gold after its realize.

I like this scenario too. BTG futures already cost around 1200$. It's good sign to sell them exactly at this point.

[monica69]

I will wait until i receive the equal amount of bitcoin gold, and then i will transfer my btc to my offline wallet, this is the same as i did when the first fork happened on august 1nd, obviously i will dump my bitcoin gold right after receiving them. Even though i do not know the specifics for bitcoin gold, they will most likely take a snapshot of the bitcoin blockchain

[YellowRiver]

I will wait until i receive the equal amount of bitcoin gold, and then i will transfer my btc to my offline wallet, this is the same as i did when the first fork happened on august 1nd, obviously i will dump my bitcoin gold right after receiving them. Even though i do not know the specifics for bitcoin gold, they will most likely take a snapshot of the bitcoin blockchain

Keeping bitcoin on hold is better strategy to work out now. Prices are just like jumping to the sky and you know in such cases, the future is totally unpredictable. Now you don’t know either these prices are just going up or they will plunge out soon. So wait, and as you said, wait until you get your money back equals to gold fork.

[XbladeX]

I just want tha bitcoin Gold to  reckt BCH... I have what BCH mienr are doing with EDA and decentralized mining will sove that shit problem.
Using such abused currency is sad experience to me guys.
What Gold price you will predict ?

[VackFromOhm]

Yeah, it seems like a half-assed fork even in comparison to Bitcoincash. You can store your bitcoins anywhere reasonable and you should be able to get your bitcoincash, but your best bet is to look for an exchange that specifically has announced that they will fund you the equivalent in bcg automatically. I think Nova did btc->bcc when that forked happen, so you might be able to check there and see.