Another Bitcoin fork on 25 October

[RoommateAgreement]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

if bitcoin gold is the only focus of your question then there won't be any effect on bitcoin price because of it. this altcoin is a premined shitcoin that is being created only to produce money while sticking to the name of bitcoin and getting the attention that way.

otherwise creating an altcoin with these parameters that BTG has doesn't really create something good. it is just something you can mine and pump and dump while the developer holding the premined coins gets richer.

[Yuhee]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

if bitcoin gold is the only focus of your question then there won't be any effect on bitcoin price because of it. this altcoin is a premined shitcoin that is being created only to produce money while sticking to the name of bitcoin and getting the attention that way.

otherwise creating an altcoin with these parameters that BTG has doesn't really create something good. it is just something you can mine and pump and dump while the developer holding the premined coins gets richer.

Good to say but hardfork also could help on the issue of transaction fees. And could also help miners on some old blocks that is making the chain a little slower. It is not always connected to marketing that they will have another bitcoin but rather to at least maintain the blockchain to avoid further problems and clogging. It is better to solve that issue now rather than delaying it because of the miners right now.

[BitHodler]

how to be part of that fork? What is needed to do?

You don't have to do anything other than hodling a certain amount of Bitcoin, preferably in offline storage. Every Bitcoin amount you have before the fork gets activated, will also be there in the same quantity in the other chain.

In other words, if you have 1BTC before the fork, you'll also have 1 Bitcoin Gold coin after the fork ~ from that point the Bitcoin Gold coin will be a completely different coin, often referred to as an altcoin.

It's basically the same as what happened with Bitcoin Cash. These coins however are doomed to fail in the long term, and thus are a horrible investment ~ the only good thing is to directly convert them to Bitcoin.

[~Bitcoin~]

Support for bitcoin gold or whatever coin it will be named after hardfork is very low so I don't think it will hold any good price when listed. Almost all bitcoin gold in existence after fork will be the free one so people might even dump it for 1$.

Can't predict how successful it will be but demand for bitcoin gold or another fork is quite low right now.

[Proton2233]

After the fork, in August I got all my wallets bitcoin cash. They were given to me for free. So I don't appreciate them. They are in my purse and I don't even look at the price. If in the future they will rise in price it will be for me the jackpot. If this does not happen then I wouldn't be upset. Invest their money I'll never be in the currency that is distributed free of charge. I am sure that the same attitude will be to the bitcoin gold.

[Mister1k]

Support for bitcoin gold or whatever coin it will be named after hardfork is very low so I don't think it will hold any good price when listed. Almost all bitcoin gold in existence after fork will be the free one so people might even dump it for 1$.

Can't predict how successful it will be but demand for bitcoin gold or another fork is quite low right now.

We don't need to worry at all. I will surely say that all the wallet providers and traders will freeze all the transaction before fork has been initiated. This splitting will increase the block size limit. Henceforth, fees will be reduced more than we are seeing now. Some exchange may utilize the situation and increase the deposit and transactions with the profit.

[Question123]

For me I think if they have another fork in october 25 i think the price of bitcoin will increase or dont have big effect if the price decrease. But everything is possible to happen we dont if the price increase or decrease so its better to make a research first so you can predict what is high chances to happen so you can make a decision if you hold/buy or sell your bitcoin that you have.

[twobits]

After the fork, in August I got all my wallets bitcoin cash. They were given to me for free. So I don't appreciate them. They are in my purse and I don't even look at the price. If in the future they will rise in price it will be for me the jackpot. If this does not happen then I wouldn't be upset. Invest their money I'll never be in the currency that is distributed free of charge. I am sure that the same attitude will be to the bitcoin gold.

That will be same but just different protocol because bitcoin gold will be running on the segwit 2x and the more interest by the miners will be divided into the some parts. that makes one of them will die as soon as possible.

[Indrawan77]

I think the price will slightly fall down, forking always making the trusts going down, but bitcoin will be allright, this just a small hurdle for bitcoin, and people are not happy with bitcoin which keep on forking, so the level of acceptance this time wont be too good

[Anfisman]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

Since 1st of August bitcoin has done the first hardfork, and this also introduces bch (bitcoin cash) to the public, since hardfork finished bitcoin price up the drasti even almost reach $ 5000 per btc. In this month again the second hardfork will be planned on 25th. And one of the main topics will be the release of btg (bitcoin gold), I expect bitcoin prices to go back up after this process is completed.

[Kyraishi]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

I really doubt it. Since bitcoin cash has already been forked from bitcoin, bitcoin gold isn't going to attract as many investors in my opinion. It's likely to rake in a much smaller community as well as investors.

The price of bitcoin should be unaffected. It's not something new to bitcoin anymore, and it's a small fork as i've said.

What will influence price though is the Segwit2x fork, but that's not happening till next month.

[hello_good_sir]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

We could actually see bitcoin price rise after the fork, just like 1st August. However, the fork is likely to cause a lot less commotion and confusion than the bitcoin cash fork, since it is probably not as well advertised by the founders.

Price will not be overly affected by whatever happens with bitcoin gold since it is really just another altcoin after it forks, but if there is a bull market then it could actually go over the $4500 resistance that we are experiencing right now.

[jtipt]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

I am expecting the situation to be similar to what happened during BCH split, since it was the first hard fork it has a lot of people concerned about it. But now I think people are just going to consider this fork as an opportunity to get free altcoin. I'm not expecting some major changes in BTC's price.

[StreakW]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

ty bro for info
bitcoin gold as new coin
Will price of bitcoin go down

[Weawant]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

ty bro for info
bitcoin gold as new coin
Will price of bitcoin go down

NO! price of bitcoin will not go down if bitcoingold will came out and take a look on what happen when bitcoin cash released the price of btc soar and maybe it will be the same faith goes to bitcoins right now and you should not think about the dumps since maybe we will experience a huge pump since as of now price is slowly climbing.

[snowdropfore]

i think nothing wil happen ,maybe bitcoin will climb a little bit ,when hardfork done,the price will dump ,and then recover ,the same story as bitcoin cash ,anyway ,i like bitcoin , hold bitcoin ,no matter what happen.

[Denker]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

No Bitcoin won't go down.
BGold uses a completely different POW algorithm, has replay protection and never claimed to be the real Bitcoin.
It's an altcoin. They said that numerous times now.For Bitcoin holders this is nice dividend.You either hold that Bgold tokens for future gains, sell parts of it or all for fiat or more BTC.
So it's up to you what you are going to do with it.
It will have no negative impact on BTC!!!

[severaldetails]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

I think as well that it will not have any impact on bitcoin.
One reason is that most people have no idea bitcoin gold is existing.
And for those who are aware of bitcoin gold, to them it's clear that somebody wants to make quick money and is trying to advertise with the brand 'bitcoin'.
I really hope that it will be a big failure for the forkers. Too many bitcoin-coins are gonna spoil the stew.

[Idrisu]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

I think bitcoin core has proved to all those splitting from it that it has no competitors and that the more the split the more popular bitcoin become. I have been following this market for quite a long time and I think most of the hard fork favour bitcoin core. We were below  $1900 when the last hard fork and splitting happen august this year but today we are above  $4000. October 25 hard fork or splitting will push the price up to  $7,000 and I don't think the new coin will be popular like bitcoin cash.

[Casdinyard]

What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch

I think as well that it will not have any impact on bitcoin.
One reason is that most people have no idea bitcoin gold is existing.
And for those who are aware of bitcoin gold, to them it's clear that somebody wants to make quick money and is trying to advertise with the brand 'bitcoin'.
I really hope that it will be a big failure for the forkers. Too many bitcoin-coins are gonna spoil the stew.

This will be absolutely be another copy cut of bitcoin and trying to be a good one but definitely end up like bitcoin cash.
And for sure there will be no impact in the price of bitcoin even they're saying they'll split. We seen this kind of show last August 1st and we see what happened so now we can be reassured that it will not directly be affecting the bitcoin community.