What You Need To Know To Get FREE Bitcoin Gold During The Fork.

[bob123]

Great advice, does anyone know the approximate time of the bitcoin gold fork?

Fork will be at Block 494,784. This will probably be in 3,5 weeks.
I guess the most important Point is to not leave coins on any exchanges/online wallets.
And to move funds to another address.. to be prepared against replay-attacks

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[akamit]

Hey guys and girls -

Thanks for all the private messages, sorry if I have not been able to get back to you yet, Ill try to do my best to answer everyone's questions.  

ON TO THE FORK:

As most or at least some of you know, Bitcoin is (again) forking.  There are TONS of articles out there on what, why and when.  But I see a lot of people unsure about what they need to do to be able to get this new Bitcoin Gold and what it means for Bitcoin.

Without further adio' here are answers to the most common questions Ive been asked:

1.  When is this fork?
The actual fork is Oct 25th -ish.  There is a general consensus that this will be the date that the block 494,784 will be mined.

2.  What the hell and why is there another fork?
The idea is that this will make the new fork minable by "normal" computers and generally be a faster, (less fees) version of Bitcoin.  

3. If Bitcoin isnt owned by someone, who decided to "fork it"
Anyone can fork Bitcoin, BUUUUUT the new chain will only have value if the community decided to mine and use it.  

4. How do I get some of this new FREE money called Bitcoin Gold?
Follow these steps:
1. If you have Bitcoin on an Coinbase or any other purchasing/exchange platform - MOVE IT.
2. Move it by, creating a desktop wallet for your Bitcoin and transfer the coins to that wallet.
3. Do nothing. Yep. Nada.  Here is where people get confused.  
4. IF YOU control the private key for your Bitcoin via a desktop wallet then YOU will have Bitcoin Gold in equal amounts.

5.  Wait, so how do I get this Bitcoin Gold, do I need a special wallet, how do I find the Gold?
Lets say you now put your Bitcoin into your desktop Wallet with a private key of "123456789qwertyuiop".  That key allows you to log in and view that BITCOIN.   Now you wont see the Bitcoin Gold in that wallet because it likely does not (yet) support the Bitcoin Gold chain.  You now have 2 options to "FIND" your Bitcoin Gold.  Option 1 is to FIND a Wallet that supports Bitcoin Gold (likely after Nov 1st).  Download the NEW Bitcoin GOLD Wallet and use the same private key "123456789qwertyuiop" you use to access Bitcoin, to access the Bitcoin Gold.  The NEW Bitcoin Gold will appear in your Bitcoin Gold enabled wallet.  

FINAL THOUGHTS:

There is NO rush to get your Bitcoin Gold so long as you have Bitcoin stored on a hardware, paper or desktop wallet where you control the private key before the snapshot Oct 25th.

I would wait until late Nov to find a Bitcoin Gold wallet to transfer to because there will inevitably be fake, scam, poorly run wallets that may expose you to losing your Bitcoin via the private key.  Take you time to find a trusted wallet.

Cheers and happy investing!

I am little bit confuse about the marked sentences above.
Because in August 1, I moved my bitcoins in a paper wallet and later I missed the free bitcoin cash. I didn't received anything.
So as of the marked sentences, how do I claim bitcoin gold if I move my bitcoins in a paper wallet before the fork of 25th October.

It will be highly appreciated if someone gives a detail guideline on this. So that everyone can claim their free bitcoin gold.

edit: please also clarify the snapshot thing. I am just wondering how I can take a snapshot of a paper wallet. Because paper wallet doesn't shows any figure (how much we have loaded into the paper wallet).

[jklaw]

Have any of the exchanges announced support for gold?    With BCH I was trading on day one because Kraken supported and gave coins immediately after the fork so I left some on exchange.

[Boseda]

Hey guys and girls -

Thanks for all the private messages, sorry if I have not been able to get back to you yet, Ill try to do my best to answer everyone's questions. 

ON TO THE FORK:

As most or at least some of you know, Bitcoin is (again) forking.  There are TONS of articles out there on what, why and when.  But I see a lot of people unsure about what they need to do to be able to get this new Bitcoin Gold and what it means for Bitcoin.

Without further adio' here are answers to the most common questions Ive been asked:

1.  When is this fork?
The actual fork is Oct 25th -ish.  There is a general consensus that this will be the date that the block 494,784 will be mined.

2.  What the hell and why is there another fork?
The idea is that this will make the new fork minable by "normal" computers and generally be a faster, (less fees) version of Bitcoin. 

3. If Bitcoin isnt owned by someone, who decided to "fork it"
Anyone can fork Bitcoin, BUUUUUT the new chain will only have value if the community decided to mine and use it. 

4. How do I get some of this new FREE money called Bitcoin Gold?
Follow these steps:
1. If you have Bitcoin on an Coinbase or any other purchasing/exchange platform - MOVE IT.
2. Move it by, creating a desktop wallet for your Bitcoin and transfer the coins to that wallet.
3. Do nothing. Yep. Nada.  Here is where people get confused. 
4. IF YOU control the private key for your Bitcoin via a desktop wallet then YOU will have Bitcoin Gold in equal amounts.

5.  Wait, so how do I get this Bitcoin Gold, do I need a special wallet, how do I find the Gold?
Lets say you now put your Bitcoin into your desktop Wallet with a private key of "123456789qwertyuiop".  That key allows you to log in and view that BITCOIN.   Now you wont see the Bitcoin Gold in that wallet because it likely does not (yet) support the Bitcoin Gold chain.  You now have 2 options to "FIND" your Bitcoin Gold.  Option 1 is to FIND a Wallet that supports Bitcoin Gold (likely after Nov 1st).  Download the NEW Bitcoin GOLD Wallet and use the same private key "123456789qwertyuiop" you use to access Bitcoin, to access the Bitcoin Gold.  The NEW Bitcoin Gold will appear in your Bitcoin Gold enabled wallet. 

FINAL THOUGHTS:

There is NO rush to get your Bitcoin Gold so long as you have Bitcoin stored on a hardware, paper or desktop wallet where you control the private key before the snapshot Oct 25th.

I would wait until late Nov to find a Bitcoin Gold wallet to transfer to because there will inevitably be fake, scam, poorly run wallets that may expose you to losing your Bitcoin via the private key.  Take you time to find a trusted wallet.

Cheers and happy investing!

So basically no difference between this and Bitcoin CASH, right? Following the same steps we followed with BCH will make us able to get Gold too.

Anyway you said there are 2 options to receive Bitcoin Gold. Which is option #2... maybe putting them on exchanges which will support it? You explained only option number 1...

[manselr]

You should be telling people to hold their keys on any full validating node wallet. I dont care if it's Bitcoin Core, Bitcoin Knots, or Armory, but use a full validating node so you know exactly from what chain you are transacting so you just have to be sure of on what chain you are transacting to. I would recommend to stick to Bitcoin Core to not confuse newbies with other compatible lesser known wallets.

So get your coins off Coinbase or whatever shithole you are holding your coins at, put them into Bitcoin Core's wallet and wait for 25th to arrive. You have enough time to sync your node so I don't want no complains later if you don't do your homework now while you can.

[redhondaxrm125]

Thanks for this man, i really have been having this questions inside my head for quite some time now. Because I didn’t wanna miss out again like what happened last time with BCH. I mean, who doesn’t want free money? I was just afraid to post questions like those because i was afraid of being bashed. :/
So thanks a lot for this man. Really appreciated.

[pat4cryptoreal]

 This a very educative information. I want to know what you mean by desktop wallet. Is it the normal blockchain.info wallet that we all know or is it another type of wallet?

[limopc]

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?

Well it's already known for this, so why not just amplify it to the point so that we have multiple people trying to split off from the REAL Bitcoin.

Yes, I guess you are correct and it may even go as far as mid to late 2018
at this rate. Next we will have Bitcoin Plutonium and Bitcoin Latinum.

Seriously, I don't understand why people are doing this again.
...

IMO, it is predicated on a false belief that chain splits is a form of Bitcoin
"evolution" and an economic determination by "survival of the fittest".

This is incorrect and is a misunderstanding of evolution and how it essentially
works. Economic participants in our community have taken a scientific theory
and applied it to chain splits and think that it should function just as in the
natural world does, with viable branches and nonviable branches. But it never
will determine such, since evolution is based upon the human's inability to
control or manipulate nature and time, and their Bitcoin evolution theory is
fully manipulated by human markets owned and controlled by human
governments. So, they are totally different and will not work as they think.

In nature, when a new trait develops that may overtake in the future, that
advanced trait development is usually due to external environmental effects,
not randomly for no purpose (majority of the time). But the current Bitcoin
chain splits are not from a result of "genetic capturability" or "external threat",
but solely for belief in "more choices".

New Bitcoin chains developing as a response to internal conflicts is not a
correct evolutionary theory, and the evolutionary theory should only apply
with external threats. All internal issues or threats should be dealt with
through Consensus systems like an organism's immune system. Using
evolution theory for Bitcoin's current chain splitting, IMO, is obviously wrong
and has nothing to do with "natural evolution", and more to do with human
desires and egos.

So IMO, all of this is either misguided economic participants or attackers
who are manipulating the misguided economic participants.

I agree with you.
As far as I know, a fork happens only in case there is a basic disagreement, (this is what I have seen with open source software and Linux), if 2 parties disagree on should BTC transactions be faster or not. If both parties agree it should be faster, then the question is how, and it is simple to sort it out and develop the original product.

This kind of the alleged “forking” is just copying! Just trying to start again the same history of BTC and make a fortune. They are simply trying to go back in time.

If the original BTC is developing to make transactions faster, and the new alleged fork is doing the same thing, then there is no reason for its existence because it does not add anything new.

If someone fork or copy KFC chicken, but call it Golden chicken GFC, it is the same, there is no reason to succeed, or replace KFC.

[BarbieCasino]

I dont trust this BitcoinGold. This could be another distraction concocted by the Chinese miners to divide the community again. They are going to divide and conquer to get the real prize. BTC.

I think no one does because all the people love to invest in the bitcoin and they are waiting for the high profit from it. The gold won’t be able to give the people what they want and what they are searching for. It is the good and the safe process to invest your money in the bitcoin and the price will he high in the coming 5 years you will be the milliner.

[Willitivity]

A very nice piece of information.
But during the last fork that resulted to BitcoinCash, I had some units of BTC on my wallet.
After the fork, I got equivalent amount of BCC as the BTC I had. Am just thinking if that would be the case with this one too, or am I wrong?

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Alts price crash  Free Bitcoin Gold is tempting for All

[DirtyMartini]

This a very educative information. I want to know what you mean by desktop wallet. Is it the normal blockchain.info wallet that we all know or is it another type of wallet?

Desktop Wallets are wallets that download to the desktop of your computer, such as:

https://electrum.org (Bitcoin)

https://www.exodus.io/ (Bitcoin and some Altcoins)

I like and use both of these desktop Wallets
You control private keys with both and both are eligible for the fork snapshot..

[Spaffin]

I see a lot of written negative about the new Bitcoin Gold coin. I do not understand why such dislike. It seems that everyone should enjoy the opportunity to receive a free digital coin with a decent value. If someone does not like it, he can sell it and have a decent profit. Now there are a lot of crap coins, which then disappear after a while.

[monkeydominicorobin]

It is good to know that Bitcoin Gold is minable using CPU. Just like Bitcoin Cash I can have the same amount in my wallet. Thanks a lot for the information.

[BlueStackz]

Hey guys and girls -

Thanks for all the private messages, sorry if I have not been able to get back to you yet, Ill try to do my best to answer everyone's questions. 

ON TO THE FORK:

As most or at least some of you know, Bitcoin is (again) forking.  There are TONS of articles out there on what, why and when.  But I see a lot of people unsure about what they need to do to be able to get this new Bitcoin Gold and what it means for Bitcoin.

Without further adio' here are answers to the most common questions Ive been asked:

1.  When is this fork?
The actual fork is Oct 25th -ish.  There is a general consensus that this will be the date that the block 494,784 will be mined.

2.  What the hell and why is there another fork?
The idea is that this will make the new fork minable by "normal" computers and generally be a faster, (less fees) version of Bitcoin. 

3. If Bitcoin isnt owned by someone, who decided to "fork it"
Anyone can fork Bitcoin, BUUUUUT the new chain will only have value if the community decided to mine and use it. 

4. How do I get some of this new FREE money called Bitcoin Gold?
Follow these steps:
1. If you have Bitcoin on an Coinbase or any other purchasing/exchange platform - MOVE IT.
2. Move it by, creating a desktop wallet for your Bitcoin and transfer the coins to that wallet.
3. Do nothing. Yep. Nada.  Here is where people get confused. 
4. IF YOU control the private key for your Bitcoin via a desktop wallet then YOU will have Bitcoin Gold in equal amounts.

5.  Wait, so how do I get this Bitcoin Gold, do I need a special wallet, how do I find the Gold?
Lets say you now put your Bitcoin into your desktop Wallet with a private key of "123456789qwertyuiop".  That key allows you to log in and view that BITCOIN.   Now you wont see the Bitcoin Gold in that wallet because it likely does not (yet) support the Bitcoin Gold chain.  You now have 2 options to "FIND" your Bitcoin Gold.  Option 1 is to FIND a Wallet that supports Bitcoin Gold (likely after Nov 1st).  Download the NEW Bitcoin GOLD Wallet and use the same private key "123456789qwertyuiop" you use to access Bitcoin, to access the Bitcoin Gold.  The NEW Bitcoin Gold will appear in your Bitcoin Gold enabled wallet. 

FINAL THOUGHTS:

There is NO rush to get your Bitcoin Gold so long as you have Bitcoin stored on a hardware, paper or desktop wallet where you control the private key before the snapshot Oct 25th.

I would wait until late Nov to find a Bitcoin Gold wallet to transfer to because there will inevitably be fake, scam, poorly run wallets that may expose you to losing your Bitcoin via the private key.  Take you time to find a trusted wallet.

Cheers and happy investing!

So basically no difference between this and Bitcoin CASH, right? Following the same steps we followed with BCH will make us able to get Gold too.

Anyway you said there are 2 options to receive Bitcoin Gold. Which is option #2... maybe putting them on exchanges which will support it? You explained only option number 1...

That’s the great strategy everyone has to do so that they can survive easily in the days of fork, and another option to this is described above so that one can get bitcoin gold wallet equivalent to the bitcoin revenue and this help a lot to earn the time of dump also this also and ease to the investor by the bitcoin and it will give chance to people to earn more

[pat4cryptoreal]

A very nice piece of information.
But during the last fork that resulted to BitcoinCash, I had some units of BTC on my wallet.
After the fork, I got equivalent amount of BCC as the BTC I had. Am just thinking if that would be the case with this one too, or am I wrong?

Kindly tell me precisely which wallet you kept your bitcoin that gave you the equivalent amount of Bitcoin cash so that I can try it with  the fork that is going to take place this October. I miss it during the last fork.

[mikki14]

Thanks for the advice. Maybe I still need to wait longer than december, just to be sure.

[salihno71]

This means three forks this year. This one is pretty similar to BCH fork in august, it's just the question how it will roll price-wise. But the question is, if/when the forks will affect the investors approach?

[pat4cryptoreal]

Though most people were scare during the August bitcoin fork that gave birth to bitcoincash but at the end of the day every thing went through smoothly and those that purchase bitcoincash when it was launch instantly made alot of profit and some also lose along the line. I just want to be ready so that I will not miss out.

[yoseph]

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.

Unlike the bitcoin cash which had some some miners willing to mine it and some exchanges listed it on their website way before it came into being, i haven't really heard about any hype about the soon to be Bitcoin Gold at all. It will surely be dead on arrival.