Another hard fork coming in October. New Bitcoin name is "Bitcoin Gold"

[pooya87]

we will soon have some more fun and a good amount of reward equal to what amount of bitcoin we hold. i only see this as a good chance to increase the amount of bitcoin that hold. just like any other airdrop that has happened so far.

the good thing about this new airdrop is that it can not take anything from bitcoin's hashrate unlike what bitcoin cash can simply do. so no matter what they do, they will be a separate altcoin which is good.

[lighpulsar07]

I don't think that is a hardfork they are just using the bitcoin's code and create a new altcoin and i hope it will have an airdrops   it is just based on my understanding in the article but it needs more info anyways i hope this is true so i can get ready for an airdrop haha

[exstasie]

I don't think that is a hardfork they are just using the bitcoin's code and create a new altcoin and i hope it will have an airdrops  it is just based on my understanding in the article but it needs more info anyways i hope this is true so i can get ready for an airdrop haha

Any hardfork is an altcoin by definition. It's also an airdrop as long as the UTXO set is copied. In the case of Bitcoin Gold, it will be. I think that this coin might cause an initial stir -- people love a massive airdrop. I think that's why there was so much "customer demand" for Bitcoin Cash from exchanges. It wasn't because people wanted Bitcoin Cash per se, it's because they wanted free money. Same logic applies here.

There is also some attraction to the gimmick of memory-hard/GPU-oriented mining, but it's mostly a gimmick.

[SUDARMONO]

I think it will be a good opportunity to get more profit, we can buy it when the price is cheap and ready to sell it at high prices, hopefully the price can soar like BITCOIN CASH, I will not miss this opportunity.

[ivrynx]

It is another opportunity for us to be more financially free, it seems that by the looks of it, bitcoin gold can surpass bitcoin cash, and will give us more profit. It is lile we are taking care of our own child, which in this case is bitcoin, not only does it gives us profit, security and hopes but it also gives us rewards, and this time its going to give another altcoin, which is bitcoin gold, another cryptocurrency that will give us more hope. I think this is one of the reasons, why banks do not like bitcoin, whenever it is broken down, another cryptocurrency will be produced and will give us more profit, in that sense,.why would you save in the bank, it will only give you less than 2% gain per anum, not even fit enough to battle inflation, though they have other investment plans, still compare to the percentage bitcoin can gain in months ot even days, it is still higher, and products of banks will not give you ghe reward bitcoin can give, which is bitcioin gold this coming fork. Hopefully bitcoin gold can bring an end to banks, bad mouthing bitcoin and make those countries that banned bitcoin realize what they have done.

[sjeezman]

im confused.
this bitcoin gold = the segwit2x?
does this mean free coins again like bcash?
if this is not the sg2x.
then u get free coins for btcoin gold and free coins for sg2x?
so 2times free coins.

or am i wrong?

Thanks.

[jaywee]

im confused.
this bitcoin gold = the segwit2x?
does this mean free coins again like bcash?
if this is not the sg2x.
then u get free coins for btcoin gold and free coins for sg2x?
so 2times free coins.

or am i wrong?

Thanks.

Does anyone know if there is some minumum amount of coins you need to hold to recieve BTG during fork? Thanks

[Razick]

We lost out big time on Bitcoin Cash, but hopefully this time around can score a few free Bitcoin Gold. I think it is pretty sweet how simply owning a Bitcoin can get you like 10% ROI simply from free airdrops. Like, normally the stock market goes up 8% per year or 10% if you are lucky. And we just get free money basically from owning Bitcoin instead. Sweet. 

[Mpamaegbu]

Another hard fork seems to come soon. The new bitcoin will be named "Bitcoin Gold". How would you think about this?

Bitcoin Gold will be successful as like Bitcoin Cash?

Bitcoin price will go higher before and after the new hard fork?


https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

Can we really say that BCH is successful given the price range it has now as against the few days it was launched when price surged to over $800? As for the fork, this one won't be a big deal and we don't expect the same panic situation as August 1 that produced the BitcoinCash. Hopefully too we expect another round of bonus on the new coin.

[Andre_Goldman]

I do like the name ... but what is the motivation for that  ?

[Renampun]

good news...
but I'm not sure this coin will be able to keep up with Bitcoin or Bitcoin Cash, but let's see what happens when Bitcoin Gold comes along.

[Andre_Goldman]

I do like the name ... but what is the motivation for that  ?

oh .. I see

"Bitcoin gold will implement a proof-of-work change from bitcoin's SHA256 to Equihash, a memory-hard algorithm that is ASIC-resistant and optimized for GPU mining," explained pseudonymous bitcoin gold developer "The Sorrow."

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

OK ...

I think it can be more useful for long term investidors like miners and hodlers ...

GPU hardware have lower depreciation rate. Gold is Gold people like to hold it like your wedding ring ...

[hendra147]

I do like the name ... but what is the motivation for that  ?

oh .. I see

"Bitcoin gold will implement a proof-of-work change from bitcoin's SHA256 to Equihash, a memory-hard algorithm that is ASIC-resistant and optimized for GPU mining," explained pseudonymous bitcoin gold developer "The Sorrow."

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

OK ...

I think it can be more useful for long term investidors like miners and hodlrers ...

GPU hardware have lower depreciation rate. Gold is Gold people like to hold it like your wedding ring ...

because im a miner, i will appreciate with this forking.
the difficult of ethereum is very high, for me to hard to get ROI for my hardware now. but with new currency called bitcoin gold, i can mining equihash with my gpu and holding it.

[Fafabol]

Another hard fork seems to come soon. The new bitcoin will be named "Bitcoin Gold". How would you think about this?

Bitcoin Gold will be successful as like Bitcoin Cash?

Bitcoin price will go higher before and after the new hard fork?


https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

Nah it's far to happen.
Bitcoin cash is just a result of august hard fork and bitcoin gold will be just like that.
But touching again its new ATH will hope to happen again like what happened last august. The event will just reoccur as the fuds and trolls are every where again.

[Andre_Goldman]

I do like the name ... but what is the motivation for that  ?

oh .. I see

"Bitcoin gold will implement a proof-of-work change from bitcoin's SHA256 to Equihash, a memory-hard algorithm that is ASIC-resistant and optimized for GPU mining," explained pseudonymous bitcoin gold developer "The Sorrow."

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

OK ...

I think it can be more useful for long term investidors like miners and hodlrers ...

GPU hardware have lower depreciation rate. Gold is Gold people like to hold it like your wedding ring ...

because im a miner, i will appreciate with this forking.
the difficult of ethereum is very high, for me to hard to get ROI for my hardware now. but with new currency called bitcoin gold, i can mining equihash with my gpu and holding it.

Regards to Semiconductor industry the Moore's Law is not working anymore (All Watts Considered, Keynote address, International Symposium on Low Power Electronics and Design, ACM, Portland, OR (2007)) .. so we must to go on the "parallelism" way (GPU is just a bunch of micro cores in parallel ...

regards the Gold stuff ... I still dreaming with something like

https://bitcointalk.org/index.php?topic=53203.0

 


 

[YuginKadoya]

I do like the name ... but what is the motivation for that  ?

oh .. I see

"Bitcoin gold will implement a proof-of-work change from bitcoin's SHA256 to Equihash, a memory-hard algorithm that is ASIC-resistant and optimized for GPU mining," explained pseudonymous bitcoin gold developer "The Sorrow."

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

OK ...

I think it can be more useful for long term investidors like miners and hodlrers ...

GPU hardware have lower depreciation rate. Gold is Gold people like to hold it like your wedding ring ...

because im a miner, i will appreciate with this forking.
the difficult of ethereum is very high, for me to hard to get ROI for my hardware now. but with new currency called bitcoin gold, i can mining equihash with my gpu and holding it.

Regards to Semiconductor industry the Moore's Law is not working anymore (All Watts Considered, Keynote address, International Symposium on Low Power Electronics and Design, ACM, Portland, OR (2007)) .. so we must to go on the "parallelism" way (GPU is just a bunch of micro cores in parallel ...

regards the Gold stuff ... I still dreaming with something like

https://bitcointalk.org/index.php?topic=53203.0

 


 

Like there's gonna be something like a low power thing that uses high GPU miner, I think it will depend on a place to consider in engaging with mining and I think if you are a long term miner now your gonna be on top of the food chain with mining and if you are only just starting to mine right now the possibility to ROI would be very difficult, but well I like the 1000 gold bar you have shared it is pretty nice seeing this things.

[Andre_Goldman]

I do like the name ... but what is the motivation for that  ?

oh .. I see

"Bitcoin gold will implement a proof-of-work change from bitcoin's SHA256 to Equihash, a memory-hard algorithm that is ASIC-resistant and optimized for GPU mining," explained pseudonymous bitcoin gold developer "The Sorrow."

https://www.coindesk.com/first-cash-now-gold-another-bitcoin-hard-fork-way/

OK ...

I think it can be more useful for long term investidors like miners and hodlrers ...

GPU hardware have lower depreciation rate. Gold is Gold people like to hold it like your wedding ring ...

because im a miner, i will appreciate with this forking.
the difficult of ethereum is very high, for me to hard to get ROI for my hardware now. but with new currency called bitcoin gold, i can mining equihash with my gpu and holding it.

Regards to Semiconductor industry the Moore's Law is not working anymore (All Watts Considered, Keynote address, International Symposium on Low Power Electronics and Design, ACM, Portland, OR (2007)) .. so we must to go on the "parallelism" way (GPU is just a bunch of micro cores in parallel ...

regards the Gold stuff ... I still dreaming with something like

https://bitcointalk.org/index.php?topic=53203.0

 


 

Like there's gonna be something like a low power thing that uses high GPU miner, I think it will depend on a place to consider in engaging with mining and I think if you are a long term miner now your gonna be on top of the food chain with mining and if you are only just starting to mine right now the possibility to ROI would be very difficult, but well I like the 1000 gold bar you have shared it is pretty nice seeing this things.

Of course run a light-network node on a fan-less ARM device will be hard to beat in terms of energy efficiency LoL ...

but we talking about Datacenters builders

"many energy-saving techniques developed for mobile devices are natural candidates for tackling this new problem space, but ultimately a Warehouse-scale computer (WSC) is quite different from mobile device." (Hölzle, Barroso Datacenter as a Computer)

[nothingtosee]

So guys I'm confused … Bitcoin Gold will have another mining algorithm and some other changes. Doesn't bitcoin get any fork? Am I right? Nobody will/can change the standard for altcoins, so bitcoin will be the price maker for altcoins. Everybody who holds Bitcoin gets the same amount of bitcoin gold?

Sorry but I'm very confused.

[sofi@]

I thought the next hardfork was in November? Anyways this is not a surprise surely there is and there will be other altcoins to be released in the market I guess a way to divert the market of bitcoin since it really grows very fast and the demand continue to increase but we should not worry because it will not affect so much the value of bitcoin I'm confident it will still remain stable in the market

[Andre_Goldman]

So guys I'm confused … Bitcoin Gold will have another mining algorithm and some other changes. Doesn't bitcoin get any fork? Am I right? Nobody will/can change the standard for altcoins, so bitcoin will be the price maker for altcoins. Everybody who holds Bitcoin gets the same amount of bitcoin gold?

Sorry but I'm very confused.

I think Bitcoin is "the skeleton" since Satoshi's Whitepaper ... my main interest though... is about point 3 of his paper

3. Timestamp Server;

;-)