Bitcoin Gold (BTG)

[1000percent]

It's about to happen 

[1714093306]

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[mai_ngoc]

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.
The driving force behind Bitcoin Gold is a team of developers, miners, and other contributors led by Jack Liao, the CEO of Hong Kong mining manufacturer LightningAsic. His financial partner in the endeavor is known simply as Wubi, a Chinese mining tycoon and owner of Chinese Bitcoin news portal Jinse.com. The project’s anonymous lead developer goes by the name H4x3rotab, and several other developers and contributors can be found inside the project’s GitHub project and slack channel.
Deemed a “friendly fork” by the development team, many differences in this copy of Bitcoin make it less like Bitcoin Cash and more like a complimentary accessory to Bitcoin. H4x3rotab explained to Brave New Coin that there are “vested interests who benefit from blocking upcoming upgrades of Bitcoin by making hard forks like C-cash, D-cash, or SegWit4x and SegWit8x.”
His team’s plan to combat this ongoing attack is to have Bitcoin Gold take a similar, supporting role to Bitcoin, much like Litecoin did for the segwit upgrade when it deployed segwit first. However, unlike Litecoin, which has shorter block times and uses a mining algorithm that is different but still allows for ASICs, Bitcoin Gold “is also a real blockchain to pilot Bitcoin upgrades,” H4x3rotab says.

[keykey1]

And BTG is 21st by market cap 

I see Bitcoin Gold is losing its positions. Despite the fact that BTG stopped its fall and started to grow slowly, it is still weak, as many people do not trust this fork of Bitcoin. It is not any kind of scam, but not the alt I would deal with.

[daberti]

And BTG is 21st by market cap 

I see Bitcoin Gold is losing its positions. Despite the fact that BTG stopped its fall and started to grow slowly, it is still weak, as many people do not trust this fork of Bitcoin. It is not any kind of scam, but not the alt I would deal with.

I would add on top of that all the shills stationing here with stupid, useless and zero-crypto-knowledge posts, subtracting to BTG any value rather than adding to it.

[amwer]

Looking ahead, Bitcoin may be due for another one. Come October 25th we may see another hard fork of the Bitcoin code to create Bitcoin Gold (BTG). This new faction basically wants to change the way Bitcoin can be mined, from a predominantly ASIC format over to GPU's instead, in an attempt to keep the control with the masses and not a few massive mining operations. This latest hard fork is a bit mysterious and the information about it is scarce and confusing (here is their website). Will you get free Bitcoin gold if you are holding Bitcoin in a supported location? If they pull it off, yes... but this is a great example of what happens when people stop agreeing on a mutual direction for a project.

What happens when the community all support a change to the code of a cryptocurrency? You get a hard fork that doesn't result in a new currency.

[daberti]

Looking ahead, Bitcoin may be due for another one. Come October 25th we may see another hard fork of the Bitcoin code to create Bitcoin Gold (BTG). This new faction basically wants to change the way Bitcoin can be mined, from a predominantly ASIC format over to GPU's instead, in an attempt to keep the control with the masses and not a few massive mining operations. This latest hard fork is a bit mysterious and the information about it is scarce and confusing (here is their website). Will you get free Bitcoin gold if you are holding Bitcoin in a supported location? If they pull it off, yes... but this is a great example of what happens when people stop agreeing on a mutual direction for a project.

What happens when the community all support a change to the code of a cryptocurrency? You get a hard fork that doesn't result in a new currency.

That was NOT the fact for BTG. So what you're nonsensing about?

[asdlolciterquit]

I have my private keys / seed from electrum. Can someone tell me what is easiest way to claim my btg?

Thanks!

[dioneparaiso]

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[CryptoDemonElite]

My opinion about BTG is quite skeptical. Of course it may not like many, but still I think that all the forks of bitcoin are by and large not needed. They do not do anything new, of course, maybe they were temporarily popular, while they were faster than bitcoin, but now, as everyone knows, bitcoin integrates lightning into the network. And now what? It remains only the mining. But in fact

Forks of bitcoin are money grab, get rich quick schemes by the devs. Especially United Bitcoin which basically stole everyone's coin with their very rigid qualification rules. Most are crap and should go away.

Forks are like that seem only first one was legit I mean on bitcoin cash. Everything else is just for scamming others dont believe that we will see anything else from upcoming fork from bitcoin and some that are announced for ethereum as well. It will be more hit and run for me cuz not many will be on some exchanges.

I really disappointed in BTG. I had some money in it and to see it drop in value like that is insane. I never knew it will get so long. I should have waited. I was comparing this lousy coin to Bitcoin Cash. Wow, that was big mistake. It might go back up or might now, but I tell one thing that will be the last fork I invest in.

[daberti]

I really disappointed in BTG. I had some money in it and to see it drop in value like that is insane. I never knew it will get so long. I should have waited. I was comparing this lousy coin to Bitcoin Cash. Wow, that was big mistake. It might go back up or might now, but I tell one thing that will be the last fork I invest in.

I wonder whether there is a single fork of BTC on earth that went higher on market cap then the coin it came from.

[asdlolciterquit]

I have my private keys / seed from electrum. Can someone tell me what is easiest way to claim my btg?

Thanks!

i'm sorry to quote my self, but there is no one that can help me? maybe there is some guide somewhere?

[mercer007]

I believe the coin is dead. Look what happened when they started mainnet and opened mining. Their Slack was boiling because of chain split.

[asdlolciterquit]

well, btg has claimed death a lot of time in the past. I don't think we can know for sure yet..

[coolbits]

A lot of coins would LOVE to be as dead as BTG is.

[bug.lady]

I have my private keys / seed from electrum. Can someone tell me what is easiest way to claim my btg?

Thanks!

You could do the following:

0. Make sure all your bitcoins and bitcoin cash is GONE from that address (a security best practice)

1. download the official BTG Core wallet from https://bitcoingold.org/downloads/ (make sure all keys of your download match).

2. Run it and synchronize it with the network (it may take from a couple of days to a couple of weeks)

3. Import your private key as you would do in bitcoin core (importprivkey command from the console)

4. You can now send it to your destination address and deinstall the core. Save the wallet.dat for security reasons (Satoshi recommended NEVER to delete your wallets)

That method has cons and pros. Pros - it is farely safe and secure as you don't compromise your private keys to any other party. Cons - it takes long to synchronize.

[cryptonoob312]

There was a small wave of bitcoin gold growth above $ 260. The price was over $ 270, but could not stay above $ 275. Later, a new wave of recession was launched, and the price moved below the support at $ 260 and $ 250. The price is testing the support level at $ 240 and is struggling to stay above this level. Technically, there is an uplink with support for $ 240 on the 1st BTG / USD chart. Analysts claim that any recovery of btg from the current levels, will face a strong barrier at $ 254. But it's a still nice level from my point of view, it doesn't look like btg is dead

[the_viper]

Study the article it may definitely help. >>>> https://www.tradingview.com/symbols/BTGUSD/

[asdlolciterquit]

I have my private keys / seed from electrum. Can someone tell me what is easiest way to claim my btg?

Thanks!

You could do the following:

0. Make sure all your bitcoins and bitcoin cash is GONE from that address (a security best practice)

1. download the official BTG Core wallet from https://bitcoingold.org/downloads/ (make sure all keys of your download match).

2. Run it and synchronize it with the network (it may take from a couple of days to a couple of weeks)

3. Import your private key as you would do in bitcoin core (importprivkey command from the console)

4. You can now send it to your destination address and deinstall the core. Save the wallet.dat for security reasons (Satoshi recommended NEVER to delete your wallets)

That method has cons and pros. Pros - it is farely safe and secure as you don't compromise your private keys to any other party. Cons - it takes long to synchronize.

thanks for your answers! This seems pretty easy to do, i have just a question: how many gb i have to download to sync the wallet?

[soliton]

I wonder how  the hell this humble  fork did  dare to exploit the name of bitcoin? This setup looks as plot of either greedy people or scoundrels  who want to kill bitcoin. But they bite the hand that feeds them. Real pain for cryptocommunity.

[bug.lady]

I have my private keys / seed from electrum. Can someone tell me what is easiest way to claim my btg?

Thanks!

You could do the following:

0. Make sure all your bitcoins and bitcoin cash is GONE from that address (a security best practice)

1. download the official BTG Core wallet from https://bitcoingold.org/downloads/ (make sure all keys of your download match).

2. Run it and synchronize it with the network (it may take from a couple of days to a couple of weeks)

3. Import your private key as you would do in bitcoin core (importprivkey command from the console)

4. You can now send it to your destination address and deinstall the core. Save the wallet.dat for security reasons (Satoshi recommended NEVER to delete your wallets)

That method has cons and pros. Pros - it is farely safe and secure as you don't compromise your private keys to any other party. Cons - it takes long to synchronize.

thanks for your answers! This seems pretty easy to do, i have just a question: how many gb i have to download to sync the wallet?

Currently I don't have BTG synchronized, but I would bet it is the same size (maybe a little smaller) as BTC or BCH and I have them both. Let me check and I will be back with the answer in a moment. I will edit this post to put it here. In the meantime, if you find my answer helpful, I won't mind a merit or two, they are very hard to come by these days

EDIT: all right, I am back with the info. BTC is 166Gb, BCH is 144Gb.
I must add I forgot that when I started synchronizing BCH I stopped synchronizing BTC, so the data for BTC is 3 weeks old. The BCH is the current data.

I would expect BTG to be smaller than the other two. Maybe 120 Gb? (just an educated guess, though)