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Author Topic: Another hard fork coming in October. New Bitcoin name is "Bitcoin Gold"  (Read 5707 times)
honeysyd (OP)
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September 27, 2017, 01:03:02 PM
 #1

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/
paolo099
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September 27, 2017, 01:29:09 PM
 #2

my main concern for this fork (like the others) are exchanger who will support it as soon as it happen.. other than that i guess everyone's at the window wataching and waiting..
Ucy
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September 27, 2017, 01:31:19 PM
 #3

There is only one BITCOIN I know. Any other coin with Bitcoin attached to its name is either an Altcoin or a mere Bitcoin wannabe.
Bitcoin will continue to be the most popular coin unless it is hijacked by anti-cryptocurrency/anti-decentralization rebels.

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JanpriX
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September 27, 2017, 02:03:20 PM
 #4

I was informed by my friend in twitter about this new "Bitcoin Hardfork". At first, I was like "is this for real?". But then, I went to their website and saw that they are really pushing this Bitcoin Gold this coming October. I really don't know what they're trying to achieve here but their main point is they will be providing support to mining BTC Gold using GPUs again. I must say that they are lacking some important information and if I'm not mistaken, they don't have any ANN here in Bitcointalk.

Time will just tell if this will be something in the future. Bitcoin hodlers will just have "free money" again.  Grin
IIOII
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September 27, 2017, 02:10:45 PM
 #5

Unfortunately it's not a surprise to see more Bitcoin spin-off altcoins after BCash set the precedent. The release of new altcoins via the "split-mechanism" has a better chance of "success" (meaning a fraction of Bitcoin's value being temporarily sucked up by the altcoin) than releasing those trashcoins the traditional way. Marketing is virtually free (for now).

Of course this is not a good development. Because it increases confusion regarding the original Bitcoin and may also have dangerous implications during the split-off period - especially when there's no replay protection.
bitcointarget
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September 27, 2017, 02:13:39 PM
 #6

There is only one BITCOIN I know. Any other coin with Bitcoin attached to its name is either an Altcoin or a mere Bitcoin wannabe.
Bitcoin will continue to be the most popular coin unless it is hijacked by anti-cryptocurrency/anti-decentralization rebels.

I don't accept new type of forked bitcoins and I'll never use them. I won't even trade them. They can't make divided bitcoins on the earth just because they want it in this way.
OmegaStarScream
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September 27, 2017, 02:19:09 PM
 #7

I didn't knew anything about this until now (I'm certain that it's the case for other members too). Either way, the fact that we didn't hear about this before and that the fork is happening next month only means that It's nothing serious or to be afraid of. If it happens then for us, It could mean more free coins, It will get dumped just like BitcoinCash.

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jc89
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September 27, 2017, 02:50:31 PM
 #8

Well I don't know about this one but I think they're just making a lot of confusions to people. Why another hard fork? Then somewhere in the line I read in the article the words "...the plan is being hatched in China." Let's see if this will really push through and what will happen next. But one thing I am certain, I am not gonna support this another alt.

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BrewMaster
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September 27, 2017, 03:03:19 PM
 #9

it is not a hard fork it is just a fork from bitcoin!

it is not the first one either. there are already a couple of them around. off the top of my head i can name BitCore which is a bitcoin fork with SegWit+10 (or 20) MB blocks and 2 min block time.

there is no end to these forks and you can never prevent it. they just create new useless altcoins, get some traction, sometimes do an airdrop and then slowly die and disappear.

There is a FOMO brewing...
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September 27, 2017, 03:06:14 PM
 #10

It may be similar to Bitcoin Cash. But maybe it will actually fall in price and there may be no patronage here. It's just based on my opinion. Because there will be a second split and the people will have free money. So no matter what the bitcoins happen are bitcoins and remain no 1. Because those split are just altcoins. We can not even say it, Let it go and go with it. And just let the time take action
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September 27, 2017, 03:17:53 PM
 #11

Well, I'll keep my share as soon as the fork happens. I like the idea that my hard wallet used to support BTC alone but after the fork on BCH, they upgraded my wallet and became able to support the new blockchain. Now, it seems like I'll be getting another free set of coins.

Regarding BTC price, I guess there is no need to panic at the moment... if the price goes down then it's gonna be an opportunity to buy.
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September 27, 2017, 03:22:32 PM
 #12

Developers are creating new coin under bitcoin as it is easy to market than creating new coin in Traditional way and promote it. But for me it is sound like new set of coin, new set of profit like what happen last august Hard fork where the born of bitcoin cash, having my wallet free of BCC. As of now BCC is quite successful and there are alot of traders using and trading it. Hope that this new coin associate again in Bitcoin will success. But now lets watch and wait what will happen this October.
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September 27, 2017, 03:23:06 PM
 #13

I cannot see why we would want another fork, if Bitcoin Cash already showed that the support for it is weak/average.. This

is just another way for people to receive free coins for zero effort. A lot of people will now buy bitcoins, just to receive those

free coins, when it happens. In the end, those coins will be sold for Bitcoin again. { that is to say, if it follows the same route

as Bitcoin Cash }  Roll Eyes Huh

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September 27, 2017, 03:23:53 PM
 #14

Well, I'll keep my share as soon as the fork happens. I like the idea that my hard wallet used to support BTC alone but after the fork on BCH, they upgraded my wallet and became able to support the new blockchain. Now, it seems like I'll be getting another free set of coins.

Regarding BTC price, I guess there is no need to panic at the moment... if the price goes down then it's gonna be an opportunity to buy.

Forgot to claimed my bch before maybe by the next hard fork will be able to have some freebies.  But I hope this one will be much better in bch.  And the price value might be reasonable.


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Bounty
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September 27, 2017, 03:27:15 PM
 #15

More free coins? Always welcome.
Another dump because people will panic with FUD? Buy low is always good.

Last time I got around 10% more bitcoins and the price skyrocketed, my only thoughts were: there should be more hardforks.
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September 27, 2017, 03:32:48 PM
 #16

In my opinion I think Bitcoin Gold will be more successful than Bitcoin Cash and the price of Bitcoin will keep increasing after the 2nd hard fork in October cause as I read after the hard fork in October it'll much more difficult to mine Bitcoin and the amount of Bitcoin still stable that why I think Bitcoin price will increase very quicky as it did after the hard fork on 1st August. I believe that Bitcoin price will get over 5k$ soon and maybe it'll reach 7k or 8k$ until the end of this year
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September 27, 2017, 03:40:53 PM
 #17

Bitcoin Cash fork was profitable to many bulk holders and now people are trying the same strategy to make instant money. But this time Bitcoin Gold will compete with Bitcoin Cash instead of Bitcoin. I don't think people will worry much about this fork by analysing the past fork. Last time price shoot after the fork. Now people know that and won't panic sell. I don't think fork if happens will have any major effect this time.
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September 27, 2017, 03:42:12 PM
 #18

Which one is going to be Bitcoin Gold - the one with segwit2x or the one with just segwit? (It's hard to tell from the name!)

 
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September 27, 2017, 03:45:58 PM
 #19

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/

I think that is actually a good move that might actually sky rocket the value to more than $10000 by the end of this year. Let's just hope that it will be worth more than bitcoin cash or even bitcoin itself.

Digital asset exchange for settlement, clearing, custody and trading of various digital assets - https://bex.global/login
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September 28, 2017, 06:14:51 AM
 #20

We saw now bad was bitcoincash this wll be worse. We already had divided opinion in this and with this bitcoingold we will only make thing worse then they are.
Dont know why they want to see this happen or not but we have seen that some exchanges had difficulties with this. In my opinion this will only make bigger war with bitcoincash and bitcoingold who will be better worth more, be next to bitcoin.

This is just starting to be war between certain miners group by my opinion, and somewhere in the middle we will lose.



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