Bitcoin Fork

[alwaysapps]

Any information to verify this statement.   

" Those holding BTC during the fork (from Oct 25th to Nov 1st) will be eligible for free BitcoinGold."

Thanks 

[1714311697]

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[1714311697]

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[1714311697]

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[1714311697]

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[hitlab]

Any information to verify this statement.   

" Those holding BTC during the fork (from Oct 25th to Nov 1st) will be eligible for free BitcoinGold."

Thanks 

Yes this is true. A fork by definition means you will get the same balance of bitcoin gold in your existing bitcoin addresses.

[alwaysapps]

Thanks.  Could you suggest the best place to hold at the time, if a fork were to occur or do we need to wait until confirmation and announcements upon who will adopt.   

  Going off the BitcoinCash Fork, only some exchange and wallets were to adopt the fork and issue the new coins.   

If this Fork was to be confirmed.  Would you agree in saying that, plenty of people will buy bitcoin and be holding BTC leading up to the Fork just to get the equivalent in BitcoinGold.   ?   

[Mandoy]

Any information to verify this statement.   

" Those holding BTC during the fork (from Oct 25th to Nov 1st) will be eligible for free BitcoinGold."

Thanks 

Do you remember the previous fork this year when bitcoin split into two and that is BTC and BCH. Those who have a btc on the exchanges have received an equivalent amount of BCH on their balance after the fork. The same thing will happen to the fork , after the fork those who have balance on the exchanges will also receive the same amount of coins in the form of BTC Gold.

[GorillaDental]

Yes, I think it's just like the last time.

[timjs]

Guys,

Is Bitcoin Gold "segwit2x"? Why am I hearing dates for October, and November? Are there TWO forks incoming?

In another thread, a person said that there are two, and no one corrected him. Please advise.

[Lutpin]

Is Bitcoin Gold "segwit2x"?

No, "bitcoin gold" is what formerly called itself bitcoinGPU.
https://bitcointalk.org/index.php?topic=2133536.0
Notice the funny little "ICO" part?

[bamboylee]

Is this another hard fork? Then it is right, just like the last time. I have no information about bitcoingold, what does it have over bitcoin? Why another hard fork?

[error08]

Is Bitcoin Gold "segwit2x"?

No, "bitcoin gold" is what formerly called itself bitcoinGPU.
https://bitcointalk.org/index.php?topic=2133536.0
Notice the funny little "ICO" part?

Yes, just noticed about it BTCGPU and ICO part, they are intend to use GPU mining, and disabled ASICs in order to decentralize mining industry which is a good point of this hard fork coin. It become uncertain whether people will get free BTG or you should join the ICO presale, LoL
https://news.bitcoin.com/a-closer-look-at-the-suspicious-activity-involved-with-the-bitcoin-gold-fork/
https://bitcointalk.org/index.php?topic=2124256.0
But the point is whether people interested to buy this coin? as most people thought it will be another free coin, the value of BTG will be determined by how much money invested into BTG or just like BCash or Byteball free distribution. Still unclear

[anti-scam]

Haha I guess I will get BTG for free like BCH.
and now it is clear that there are no more fork. everyone is not speculating about this. 

[chutchmcgillicutty]

Sweet. Do you just have to have a balance in a wallet that isn't on a trading site and we get another Bitcoin offshoot free money drop?

 

[sensimilia]

Sweet. Do you just have to have a balance in a wallet that isn't on a trading site and we get another Bitcoin offshoot free money drop?

 

Yes you just need a balance in a wallet from which you own the privatekey, so no exchange wallet for example.

[kenikat]

also curious... does it have to be in a wallet on your computer or can it be a wallet on the exchange?

[alian17]

Now it's the BTC forking sound. This could be true. Some people are beginning to do the movements. Everyone pays attention.

[Herdirfauzi]

Any information to verify this statement.   

" Those holding BTC during the fork (from Oct 25th to Nov 1st) will be eligible for free BitcoinGold."

Thanks 

good news, i will start working vigorously to get bitcoin and before 25 october must have BTC balance to get bitcoinGold .. lol

[Lucky_U]

Or maybe it's a tricky deception with this BitcoinGold .

[pawanjain]

Do you remember the previous fork this year when bitcoin split into two and that is BTC and BCH. Those who have a btc on the exchanges have received an equivalent amount of BCH on their balance after the fork. The same thing will happen to the fork , after the fork those who have balance on the exchanges will also receive the same amount of coins in the form of BTC Gold.

If that's the case then I guess time to party as the fork is near and we are ready to get the free BTC gold in our wallets.
I prefer to keep my BTC on Bittrex as I did the last time when BTC was forked and I got BCH in my bittrex wallet.
The advantage of keeping BTC on exchanges is that when we get free BCH or BTG its quite easy to trade it quickly on the exchange.

[dutchkay]

How true is this bitconGold, I don't see it making waves like BCH. There is not much news about it. More like a rumor.

[Herbert2020]

Thanks.  Could you suggest the best place to hold at the time, if a fork were to occur or do we need to wait until confirmation and announcements upon who will adopt.   

you have two choices each with risk and benefits:
1. hold bitcoin in a wallet that you are the only one having the private key. for example a paper wallet, hardware wallet, desktop wallets like core or electrum,...

the risk is that you will have to download the other coin (BTG wallet) which may be malicious, with bugs or lots of other issues and also risk waiting a long time for confirmations, and wait a long time for exchanges to list the coin and enable deposits before you can transfer the coins there and dump.

benefit is that you will be holding your "bitcoin"s safe. and you will be in full control of bitcoin and any airdrop that comes to you.

2. send your bitcoin to an exchange that promised to credit you your airdrops.
it is like BCH. bittrex promised to credit and they did it on time and well enough.

the risk is that you will be keeping your coin on an exchange. and they will control the airdrop, they may change their mind even.

benefit is that you will be the first one dumping before the price tanks. you can even enjoy all the swings in the early days (buy in the dip and dump in dead cat bounce).

If this Fork was to be confirmed.  Would you agree in saying that, plenty of people will buy bitcoin and be holding BTC leading up to the Fork just to get the equivalent in BitcoinGold.   ?   

that is a possibility, yes.
although i don't think it will have big effects on bitcoin price though.

[GoodOne]

Maybe it will not have big effect for btc but it will definitely will have huge impact to alts... are areoig to hard blood bath because everybody will switch from alts to btc in hope to get some free tomens during the fork