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Wall-ET
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October 17, 2017, 08:20:04 AM |
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You mentioned mining by normal computers. How can we mine Bitcoin Gold right away? Is there a trusty website for mining?
There is no clear info for that. Hope they will provide one soon... And idk if that coin will be good investment to mine, especially without all the info about how where and when will all happen... It is too shady for now... |
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hazznel
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October 17, 2017, 08:22:52 AM |
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You mentioned mining by normal computers. How can we mine Bitcoin Gold right away? Is there a trusty website for mining?
There is no clear info for that. Hope they will provide one soon... And idk if that coin will be good investment to mine, especially without all the info about how where and when will all happen... It is too shady for now... That's too bad, I wouldn't want to miss the start. I bet the mining difficulty will increase extremely fast because everyone will jump in. |
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tsmiles
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Passion brought Us here....
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October 17, 2017, 08:27:17 AM |
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well, this is not the first time we will be having a fork of BTC, a all I know is BITCOIN is here to stay no matter the a agreement/disagreement against consensus.
I'm interested in having more btc . hence will wait for the fork and after convert the BitCoin gild to BTC
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Halcyon Days
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October 17, 2017, 08:50:51 AM |
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You mentioned mining by normal computers. How can we mine Bitcoin Gold right away? Is there a trusty website for mining?
There is no clear info for that. Hope they will provide one soon... And idk if that coin will be good investment to mine, especially without all the info about how where and when will all happen... It is too shady for now... Even though there was much discussion about the coin, there is a lot of information available regarding the points you mentioned: - Mining via Equihash: First of all, the mining algorithm will be Equihash, which is the algorithm Zcash uses, a mostly RAM dependent mining process. - Block of fork: The fork will take place at BTC block 491407. This block will most likely be mined around October 25, 2017. - Exchanges and mining pools: The official homepage lists several exchanges and mining pools, which confirmed that they will support Bitcoin Gold. I hope, this helps a little bit. As everyone who holds BTC, when the fork takes place, will automatically get BTG, the risk of "investing" is rather low. Only the time after the fork will show, if BTG will have some value or not. |
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hazznel
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October 17, 2017, 08:57:42 AM |
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You mentioned mining by normal computers. How can we mine Bitcoin Gold right away? Is there a trusty website for mining?
There is no clear info for that. Hope they will provide one soon... And idk if that coin will be good investment to mine, especially without all the info about how where and when will all happen... It is too shady for now... Even though there was much discussion about the coin, there is a lot of information available regarding the points you mentioned: - Mining via Equihash: First of all, the mining algorithm will be Equihash, which is the algorithm Zcash uses, a mostly RAM dependent mining process. - Block of fork: The fork will take place at BTC block 491407. This block will most likely be mined around October 25, 2017. - Exchanges and mining pools: The official homepage lists several exchanges and mining pools, which confirmed that they will support Bitcoin Gold. I hope, this helps a little bit. As everyone who holds BTC, when the fork takes place, will automatically get BTG, the risk of "investing" is rather low. Only the time after the fork will show, if BTG will have some value or not. Can you point out some mining pools that announced that will support Bitcoin Gold mining? I would very much like to get into mining with my PC |
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Scorpion
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October 17, 2017, 09:15:07 AM |
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Thank you for providing the helpful information to help everyone get their Bitcoin Gold. I want to make sure to get mine so I can sell it for more Bitcoin.
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Wall-ET
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October 17, 2017, 11:00:34 AM |
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You mentioned mining by normal computers. How can we mine Bitcoin Gold right away? Is there a trusty website for mining?
There is no clear info for that. Hope they will provide one soon... And idk if that coin will be good investment to mine, especially without all the info about how where and when will all happen... It is too shady for now... Even though there was much discussion about the coin, there is a lot of information available regarding the points you mentioned: - Mining via Equihash: First of all, the mining algorithm will be Equihash, which is the algorithm Zcash uses, a mostly RAM dependent mining process. - Block of fork: The fork will take place at BTC block 491407. This block will most likely be mined around October 25, 2017. - Exchanges and mining pools: The official homepage lists several exchanges and mining pools, which confirmed that they will support Bitcoin Gold. I hope, this helps a little bit. As everyone who holds BTC, when the fork takes place, will automatically get BTG, the risk of "investing" is rather low. Only the time after the fork will show, if BTG will have some value or not. This is somehow a good news. Much more then I was able to find out searching in here and in google. Could you please provide the official site, so I can read more. BTW if it is going to be mined as Zcash, then it will compete with its price... Will see what will happen... |
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tbch2325
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October 17, 2017, 12:54:11 PM
Last edit: October 17, 2017, 02:07:06 PM by tbch2325 |
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https://bitcoin.org/en/alert/2017-10-09-segwit2x-safetyThe signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin According to bitcoin.org if you use any exchanges such as Coinbase you need to move it off there ASAP. After the fork, any BTC that you have on these exchanges will be converted to a new completely different currency which could be worth 0? Is that right? I'm seriously thinking about cashing out my bitcoins before I lose everything! Why does Bitcoin have to be so complicated >.< Should I be worried? Should I be getting them onto my Trezor hardware wallet? Is it safer there than exchange? I was hoping to keep my BTC for the future but now im just confused.
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Wall-ET
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October 18, 2017, 06:26:47 AM |
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https://bitcoin.org/en/alert/2017-10-09-segwit2x-safetyThe signatories of this agreement wrongly believe that the currency created by adopting this contentious hard fork will eventually become Bitcoin. Therefore storing any BTC on services such as Coinbase, Bitpay and Xapo is strongly not recommended. By storing BTC on these services, you could find that after the hard fork, your BTC has been renamed to something else or replaced entirely with the new altcoin According to bitcoin.org if you use any exchanges such as Coinbase you need to move it off there ASAP. After the fork, any BTC that you have on these exchanges will be converted to a new completely different currency which could be worth 0? Is that right? I'm seriously thinking about cashing out my bitcoins before I lose everything! Why does Bitcoin have to be so complicated >.< Should I be worried? Should I be getting them onto my Trezor hardware wallet? Is it safer there than exchange? I was hoping to keep my BTC for the future but now im just confused. If the total value of your BTC is greater then $100 it is not advised to keep them in any exchange. Best solution will be hardware wallet. IF the new coin has a value of 0 the exchanges will not support it. if they support it you will have both of them, but as I said if you hold over $100 in value DO NOT leave them in exchanges. You risk of losing them! |
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johnjoecoin
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October 19, 2017, 02:47:01 PM |
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It's already block 490624. Could the snapshot block happen days before Oct 25th like posted on the website ?
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Sadnu
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October 19, 2017, 03:01:55 PM |
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These will help us and give an idea of how we can get free BTG (Bitcoins Gold) During hardfork. You need to put a balance in your HardWallet like Blockchain, Xapo, Coinomi Wallet Apps, Jaxx.io apps and other wallets that hold your private keys and support Hardfork to receive free BTG. Or to Exchanger like Bittrex, Hitbtc, Yobit as well as wallets it needs support for Bitcoins Gold / Hardfork. The amount you can get BTG is equivalent to your BTC placed on such wallets and exchangers.
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Gigafart
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October 19, 2017, 03:06:58 PM |
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blog.coinbase.com/update-on-the-bitcoin-segwit2x-hard-fork-69426f14bc85
I took this info that coinbase is going to automate the btc fork. Am I correct? or do I need to move my btc asap?
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ilovefeetsmell
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October 19, 2017, 03:23:56 PM |
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Who is behind Bitcoin Gold?
This is the first time I am hearing such a thing.
I guess 2017 will be known for its multiple chain attacks against Consensus?
The best part of all this is that no one will be proven to be correct at the end.
All parties are wrong and these current actions contradict the system we
participate in. The positioning is ultimately worthless, IMO.
Did fork happened lately or not? Why they dispersive the false information about bitcoin? Bitcoincash is the clone of bitcoin ao how fork do we have in a year? Why do they need to make a new one? There's a lot of alternate coins so why they need to create a new one? Bitcoin will still be a number one and no could beat up. |
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mahimonliner
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Join FlipNpik Telegram : t.me/flipnpikico
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October 19, 2017, 05:28:01 PM |
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Pretty much everything about hard fork and bitcoin gold.
Thanks for that huge info
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Wall-ET
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October 20, 2017, 12:21:44 PM |
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These will help us and give an idea of how we can get free BTG (Bitcoins Gold) During hardfork. You need to put a balance in your HardWallet like Blockchain, Xapo, Coinomi Wallet Apps, Jaxx.io apps and other wallets that hold your private keys and support Hardfork to receive free BTG. Or to Exchanger like Bittrex, Hitbtc, Yobit as well as wallets it needs support for Bitcoins Gold / Hardfork. The amount you can get BTG is equivalent to your BTC placed on such wallets and exchangers.
I am sorry to inform you that what you call HardWallet in your post are in fact hot wallets (should not trust them with more then small amounts that you need to move around). If you want to have HardWallet (Cold Wallet) you will need to get one hardware wallet, or paper wallet, as the security of the others is less secure. Even on Jaxx site they say to use it as hot wallet. But then again more security comes with more cost and troubles operating with coins... And yes as long as you got the private keys you will be able to obtain clone coins  Just bare in mind the risk there is... |
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rizkyhiw
Legendary
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Activity: 1484
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October 20, 2017, 08:20:50 PM |
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well, this is not the first time we will be having a fork of BTC, a all I know is BITCOIN is here to stay no matter the a agreement/disagreement against consensus.
I'm interested in having more btc . hence will wait for the fork and after convert the BitCoin gild to BTC
The question is that bitcoin gold can really have a value later just like bitcoin cash? And people can easily get freemoney from it? I always talking about the worst scheme first before making any investment. All of this really sounds too good to be true , Just think about if this kind fork happened let's says once a year , people won't struggle to make profit just do invest everytime bitcoin will get fork and your money get doubled or so , really sounds too good to be true , let's talk about the worst scheme could happened , is there any opinion about this? |
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Kwelstr
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I've got amazing powers of observation
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October 20, 2017, 08:55:37 PM |
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Well, looks like bitcoin going over $6,000 today while most alts are on red is due to people moving into BTC to get the fork coins. If so, after the fork we can expect money moving back into alt coins and BTC to come down somehow.
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¯\_(ツ)_/¯
BitCore has a free airdrop every Monday. Get your free BTX!
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squatter
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STOP SNITCHIN'
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October 20, 2017, 09:06:07 PM |
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Well, looks like bitcoin going over $6,000 today while most alts are on red is due to people moving into BTC to get the fork coins. If so, after the fork we can expect money moving back into alt coins and BTC to come down somehow.
How do you know it has anything to do with the fork coins? Anytime that the price of BTC rises with high volatility, altcoins usually suffer. This was expected with Bitcoin making new all-time highs today. The same thing happens when BTC price crashes -- alts are bloody. Altcoins usually thrive when BTC price is sideways/consolidating. Considering the recent volatility, it could be weeks or even a couple months before I think we'll see altcoins enter new uptrends against BTC. That doesn't mean that the bounces aren't worth trading -- they are. But I would be very cautious about building long term altcoin positions in the short term. |
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jerry0
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October 21, 2017, 04:06:30 AM |
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Would it be a good idea to trade all your altcoins and even use money in the bank just to get more bitcoin just for the bitcoin gold... then once you do that, convert the btc back to altcoins and cash in bank?
Does anyone have a clue how much money will bitcoin gold be worth about?
And how would one claim their bitcoin gold? Also what if you did not claim your bitcoin cash? I assume no problem with this right? And how easy/hard would it be to claim bitcoin gold? Will you need another computer? Thats the reason why i did not claim my bitcoin cash yet.
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CryptoKranthi
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October 21, 2017, 04:23:08 AM |
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Everything mentioned.Thanks for sharing this. I was having a few doubts about these forks and have cleared everything with your post. But there is one thing I would like to ask you.Will there be more forks in the future? and how the price be decided for these forked coins after the hard fork.
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