New Bitcoin Fork: BitcoinGold. GPU Mining

[ekoice]

It would be just another shitcoin like bitcoin cash.We clearly know that only big whales got huge profits by pumping and dumping BCH and some people who had store their bitcoins in bittrex exchange which supported the BCH and got some extra cash.

Frequent hard forks are not good for the reputation of bitcoin and it may create an uncertainty among new investors about bitcoin.

Just some people want to make some quick cash and doing such hard forks and they totally forget the benefits which they got from bitcoins.

[CryptoBuds]

I'd like to hope it would not be just new shitcoin because it's very good ethereum substitute at mining.

[slaman29]

When Bitcoin Cash came out, we already saw something happening. Miners switching hashrate to mine profitable coin, then switching back to Bitcoin whose difficulty rate actually dropped for the first time in ages. Now with Bitcoin GOld AND GPU mining, we can expect to see the same patterns with even bigger profitability, depending on how it performs on exchanges of course. And with Ethereum fork coming, a lot of homeless miners...

[rindo]

The main goal of BitcoinGold (BTG) is to become a beter reserve of value. The best way, choose to achive this, is to centralize the Btc mining, changing the (proof-of-wor) algoritme. To reach that, there is a need of an hard fork, implement the new BTG algoritme. Equihash was the one choose for this, doe to his strong ASICs resistance. Equihash is also the algoritme used on the alt-coin Zcash.     

[fedor3327]

Amazing how the speculation of GOLD has increased the price of BITCOIN. All as a result of "free" BTH, before that fork everyone was selling their Bitcoins for fear they may loose them all.

I dont see GOLD going anywhere. It maydo if it gets listed by the big exchanges....but for how long?

[erickkyut]

How to get Bitcoin Gold? Is it the same as Bitcoin Cash wherein if you have 1 Bitcoin you will get 1 Bitcoin Cash? What exchange sites and wallet providers support it? I think it is just another scheme plotted by those whales to get another FREE Money. They are just making a reason to earn more from what they already have without sweating a shit!

[rafter_01]

i think BTG is a quick pump and dump.

People will get it for free, see it pump and sell it.

Personally i'd do the same and put the money back into Bitcoin.

[kilobytez]

Bitcoin is already being "centralized" by miners from China. What miners want is ASIC resistant coin that can create value, not the other way round. You can see there are a number of potential for BTG fork. Lots of miners will jump in and mine BTG due to it's decentralized factor.