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Topic: Bitcoin Gold (BTG) (Read 104135 times)
BountySoldier
Full Member
Offline
Activity: 208
Merit: 100
Re: Bitcoin Gold (BTG)
October 30, 2017, 01:17:05 AM
#481
BTG promised wallets after the November 1. So let's see. I definitely will not hurry up. But as I get free coin why not?
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6
confirmations
) will be very difficult to remove.
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backstreetboy6
Member
Offline
Activity: 79
Merit: 11
Re: Bitcoin Gold (BTG)
October 30, 2017, 03:07:38 AM
#482
i think BTG has reached its support zone of $120sh. what do you guys think it would reach in a month?
Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1464
Clueless!
Re: Bitcoin Gold (BTG)
October 30, 2017, 03:21:36 AM
#483
Do you have to claim BTG by a date like Bitcore?
or
Is it like Bitcoin Cash ....it simply is in snapshot mode to convert if/when you wish to?
thanks
Old Style Legacy Plug & Play BBS System. Get it from
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ashu711
Member
Offline
Activity: 115
Merit: 10
Re: Bitcoin Gold (BTG)
October 30, 2017, 03:38:40 AM
#484
Bitcoin Gold is a altcoin like the other cryptocurrencies . It can not be revived like bitcoin, but if we hold it we can give it profits. this is accept by all big trading exchanges. Bitcoin gold (BTG) is good option in trading because this coin have big movement. many people give opinion after launch bitcoin gold BTG is big coin like as bitcoin but This coin could not leave his curse. Now in the market it is at its flame level. Hope will make its high in the coming time, it is going to be in the bittrex in a few days.
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nevermindthebotox
Member
Offline
Activity: 97
Merit: 10
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:23:57 AM
#485
interesting to see if this holds:
We want you to know that we expect the public testnet to be started on November 1st!
https://bitcoingold.org/bitcoin-gold-daily-dev-update-28-10-2017/
Wipro
Hero Member
Offline
Activity: 924
Merit: 512
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:30:30 AM
#486
Quote from: Searing on October 30, 2017, 03:21:36 AM
Do you have to claim BTG by a date like Bitcore?
or
Is it like Bitcoin Cash ....it simply is in snapshot mode to convert if/when you wish to?
thanks
Dude I have around .5 bitcoin in my coinbase wallet and I received a mail from the coinbase team states that they will give a bitcoin gold for the same amount bitcoin in the wallet. So I should receive the .5 btg right!
I do find the wallet for the btg option the wallet and option to check or something. Please let me what is the procedure to get the BTG from the Coinbase wallet.
alexanderisora
Member
Offline
Activity: 85
Merit: 11
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:38:59 AM
#487
As I've written in my
newsletter
earlier today, Poloniex and Wex (ex BTC-e) refused to add BTG. ShapeShift, Jaxx, Waves and Coinbase are against BTG too.
That Bitcoin Gold fever won't end well.
MadMac
Full Member
Offline
Activity: 756
Merit: 103
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:39:24 AM
#488
Unfinished everything. This coin is a whole mess, and it is dangerous as it messes around with the BTC blockchain.
People should stay away from this. Big red warning sign!
illyiller
Hero Member
Offline
Activity: 697
Merit: 520
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:42:47 AM
#489
Quote from: Searing on October 30, 2017, 03:21:36 AM
Do you have to claim BTG by a date like Bitcore?
or
Is it like Bitcoin Cash ....it simply is in snapshot mode to convert if/when you wish to?
thanks
It's a snapshot. No claiming, no centralized airdropping, just a clean copy of the UTXO set.
The upside of that is that it's convenient and easy for bitcoiners to take advantage of the airdrop. The downside is that this has to equate to a lot of selling pressure. I think a lot of people just planned to immediately dump the BTG. Given that, I'm surprised its price has been holding around 0.025-0.03 BTC for the last couple days.
People are surprisingly bullish on these forks. Personally, I plan to sell within the first couple days of the network launch. I prefer lower market cap coins; such a huge market cap out the gate means you can't participate in all the growth....
MadMac
Full Member
Offline
Activity: 756
Merit: 103
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:57:10 AM
#490
Quote from: illyiller on October 30, 2017, 09:42:47 AM
Given that, I'm surprised its price has been holding around 0.025-0.03 BTC for the last couple days.
Most people hold their BTC in their own wallets, not online. And it is not possible to claim any BTG so far as there is no wallet, well, besides that scam Electrum-Gold without sources. As soon as that becomes available, if ever, the price will crash, rightfully so.
Bessta
Full Member
Offline
Activity: 560
Merit: 101
Re: Bitcoin Gold (BTG)
October 30, 2017, 09:59:08 AM
#491
Long way for BTG, it does not satisfy the atttibutes of a forked currency and its application have been shaky. We will see after its Nov. 1 launch. Warnings and non support from many exchanges about BTG must be condidered even as there are interest for the chance of being credited the BTG amount. I believe it cannot replace BTC because as a fork it is an air-drop.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
Re: Bitcoin Gold (BTG)
October 30, 2017, 10:00:40 AM
#492
Quote from: illyiller on October 30, 2017, 09:42:47 AM
Quote from: Searing on October 30, 2017, 03:21:36 AM
Do you have to claim BTG by a date like Bitcore?
or
Is it like Bitcoin Cash ....it simply is in snapshot mode to convert if/when you wish to?
thanks
It's a snapshot. No claiming, no centralized airdropping, just a clean copy of the UTXO set.
The upside of that is that it's convenient and easy for bitcoiners to take advantage of the airdrop. The downside is that this has to equate to a lot of selling pressure. I think a lot of people just planned to immediately dump the BTG. Given that, I'm surprised its price has been holding around 0.025-0.03 BTC for the last couple days.
People are surprisingly bullish on these forks. Personally, I plan to sell within the first couple days of the network launch. I prefer lower market cap coins; such a huge market cap out the gate means you can't participate in all the growth....
As an aside to the dumping deal above. I'm in USA where the IRS hates the idea of money dropping out of the sky w/o being taxed. Thus the Bitcoin Cash and/or Seqwit2x and/or Bitcoin Gold Forks....being worth cashing out...I was informed that LIKELY ( by my CPA) the IRS would consider this a STOCK SPLIT kinda thing..you just leave it be and you are fine...if you spend it..it will be a TAXABLE event..thus the good old income tax. (In my case this year 47% with state/local/soc sec etc as a small biz mining crypto...this years rate)
Thus I'm just letting it ride for 1 year and a day...at that point I can cash it out like BTC or other crypto and only pay 20% capital gains tax ..more or less.
Anyway, how I'm gonna play it....again....the IRS does not like free money falling out of the sky..you blow it ..you likely will pay taxes on it...also remember the IRS can go
7 years in the past for checking your taxes out.....I'm sure they will have the crypto tools by than to do so and the incentive especially if we got to the vaulted 20k per BTC....
they will have all the incentive in the world to play data mining on such stuff imho .... 7 years down the road from now....
Old Style Legacy Plug & Play BBS System. Get it from
www.synchro.net
. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
Crypto_Future
Member
Offline
Activity: 72
Merit: 10
Re: Bitcoin Gold (BTG)
October 30, 2017, 01:44:48 PM
#493
Is there any exchange that accepts BTG deposits?
I think they are all closed ecosystems right now...
bitcoinmasterlord
Legendary
Offline
Activity: 1148
Merit: 1006
Re: Bitcoin Gold (BTG)
October 30, 2017, 02:40:05 PM
#494
Quote from: Crypto_Future on October 30, 2017, 01:44:48 PM
Is there any exchange that accepts BTG deposits?
I think they are all closed ecosystems right now...
Nope I did not find any exchange sites to do trading with this BTG. Maybe no is supported this coin like how they supported BCH last time.
I am not sure about this BTG future, and there is no assurance that this coin will stand in the market or wash out.
TonyFat
Full Member
Offline
Activity: 448
Merit: 101
Re: Bitcoin Gold (BTG)
October 30, 2017, 03:54:05 PM
#495
how many problems with this bitcoin gold
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4894
Doomed to see the future and unable to prevent it
Re: Bitcoin Gold (BTG)
October 30, 2017, 07:49:07 PM
#496
Quote from: Crypto_Future on October 30, 2017, 01:44:48 PM
Is there any exchange that accepts BTG deposits?
I think they are all closed ecosystems right now...
Pray tell how you would even send it?
Quote from: TonyFat on October 30, 2017, 03:54:05 PM
how many problems with this bitcoin gold
All of them, no wallet, no active chain, , no open sourced, Huge Pre-mine added and the Devs are retards that cannot even patch the code. Just do a google search, you will see. The only ones that are going to make money on this are the ones that dumped the tokens they received on the small exchanges that opened trading with tokens and the devs who will dump the pre-mine as soon as it gets listed on an exchange. they will certainly beat everyone to the punch when the wallet finally gets released.
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
gerietis
Member
Offline
Activity: 100
Merit: 11
Re: Bitcoin Gold (BTG)
October 30, 2017, 07:51:24 PM
#497
Quote from: bitcoinmasterlord on October 30, 2017, 02:40:05 PM
Nope I did not find any exchange sites to do trading with this BTG.
I have already sold this $$it week ago on Yobit
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4894
Doomed to see the future and unable to prevent it
Re: Bitcoin Gold (BTG)
October 30, 2017, 07:53:30 PM
#498
Quote from: gerietis on October 30, 2017, 07:51:24 PM
Quote from: bitcoinmasterlord on October 30, 2017, 02:40:05 PM
Nope I did not find any exchange sites to do trading with this BTG.
I have already sold this $$it week ago on Yobit
smart move.
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Ralph43
Newbie
Offline
Activity: 14
Merit: 0
Re: Bitcoin Gold (BTG)
October 30, 2017, 07:55:21 PM
#499
BTG is a shitcoin, should dissapear asap.
djaliel
Full Member
Offline
Activity: 176
Merit: 100
Re: Bitcoin Gold (BTG)
October 30, 2017, 08:18:30 PM
Last edit: October 30, 2017, 08:38:08 PM by djaliel
#500
"BTG is not serious fork" said admin on this forum, yeah like shitecoin
https://bitcointalk.org/index.php?topic=2313410.msg23535401#msg23535401
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