What will happen if Bitcoin Gold (BTG) goes live?

[gamer455]

Hello everybody,

what do you think will happen with BTG the next days and the next weeks to come? Will it get dumped by people wanting to get rid of it and invest the profits in another altcoin (BCH?). Or are there people actually wanting to buy BTG and believing in it?

Thank you for your opinion

[TheCoinFinder]

I just think both bitcoin cash and bitcoin gold may be accepted by cryptocurrency folks like the alternate currencies.
If you imagine bitcoin cash was considered one of worthless coins but now it is nearly $2500.
It depends on demand, traders can make any coin skyrocketing anytime.

[WhiteOutMashups]

Wasn't bitcoin Gold just recently cancelled due to the Segwit fork cancel? I think it was. So now the only options are bitcoin or bitcoin cash

[cold cool]

Very distressed, my btg are in bittrex, if my btg is in binance then my btg will sell in 800usd. Looking forward to bittrex btg can pull the price to 800usd.

[Sachinist]

The developers are premining 8k blocks which means those coins will most likely get dumped as soon as it goes live. There is no interest in BTG whatsoever.

[BitcoinHodler]

i still have my long term speculation about bitcoin gold and i am sticking to it. i do believe because of the mineability of it and all the miners hype, it can have nice rallies with good prices in the long run.

but in short term when the coin is actually released the rest of those who have not yet claimed their tokens will do it and start selling. even if not that many sell, but if the market expects them to, the price will crash after the release.
specially because of the premine it has not much of a chance now. but premine never stopped ETH from pumping, why should it stop BTG?

[rohqit]

All of this spells major trouble for bitcoin, if it survives it will be only until the next fork, which WILL happen. Seems like a bitcoin alternative is the goal and until then the war will unfortunately continue to wipe out profits, unless we are on the right train .... diversify

[topesis]

I don't think it has much pull power like Bitcoin Cash, I can see people quick to dump their coins as soon as the tokens is release, remember it is free and what do people do with free things they put little value on it, but long term this may succeed

[eaLiTy]

Wasn't bitcoin Gold just recently cancelled due to the Segwit fork cancel? I think it was. So now the only options are bitcoin or bitcoin cash

I think you were in a coma to miss that  the blockchain snap shot was taken on October 25 and those who had bitcoin during that time will get their free coins when their wallet is released.

The developers are premining 8k blocks which means those coins will most likely get dumped as soon as it goes live. There is no interest in BTG whatsoever.

How do you think that the split coins are distributed ,they have to pre mine those coins to distribute in equal amount for everyone who were holding bitcoin during the fork.
I think it will be top 20 coin when it is released and i like the fact that everyone can start mining the gold coin and it is ASIC resistant.

[Crypto-Freedom]

The pre-mine of I think it was 100,000 coins for the developers should see some development. Hopefully less aggressive than the guys pushing the Bitcoin Cash at the minute. Will it have a market? It all depends on what the coin is actually going to be used for and if they push it marketing wise. As Bitcoin has a lot of issues but still holds its ground for moving between other currencies for example. What can Bitcoin Gold offer that isn't already there?

Would need to know more about the people who decided to develop it.

[lelou]

I guess it won't go live because of segwit2x cancellation but if it wasn't cancelled and BTG goes live, BTG will experience the skyrocket bitcoin cash experienced yesterday

[waterproof]

hi. Who knows when Btg will be credited and on which exchanges?

[cl37007]

Due to what seems like a lack of interest and planning I can't see much happening with BTG other than a dump. I will probably HODL what little I have until I see a bigish rise and dump

[HODL to the moon]

I even forgot about BTG, yeah. This will be interesting. What is the first exchange to list it? Does anyone know?

[leea-1334]

I just think both bitcoin cash and bitcoin gold may be accepted by cryptocurrency folks like the alternate currencies.
If you imagine bitcoin cash was considered one of worthless coins but now it is nearly $2500.
It depends on demand, traders can make any coin skyrocketing anytime.

Both will be accepted by crypto trader and speculator folk, apart from their own miners and supporters. Kind of worse than most alts actually, who have proper projects and roadmaps. Bitcoin Gold is already live now, and they also had their premine (to pay for what, we have to trust it is for dev salary!).

Bitcoin Cash was not considered worthless, it was considered pointless. Just because it trades now at $1300 (yes, half the value you posted yesterday) does not make it worthy or worthless. It has value, but not beyond trading.

[Despacito]

The pre-mine of I think it was 100,000 coins for the developers should see some development. Hopefully less aggressive than the guys pushing the Bitcoin Cash at the minute. Will it have a market? It all depends on what the coin is actually going to be used for and if they push it marketing wise. As Bitcoin has a lot of issues but still holds its ground for moving between other currencies for example. What can Bitcoin Gold offer that isn't already there?

Would need to know more about the people who decided to develop it.

All we know is that BTG will never be doing the things that BCH did. Because the team of BTG is less stronger than BCH's team. So it's better not to expect too much from it.

If you received it for free, then you can store them, but I don't suggest you to buy it. They have a weak team. I don't think the community will adopt BTG eventually. It will stay as as a nische fork coin. That's all.

[waterproof]

And who ever got it for free already?

[cryptogaga]

I expect a dump or a short pump before a dump from miners but if more miners start mining BTG then the price could go up