Bitcoin Forum
October 17, 2017, 08:53:50 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Who is Bitcoin Gold's Jack Liao and what is his agenda?  (Read 552 times)
Wind_FURY
Hero Member
*****
Offline Offline

Activity: 518



View Profile
October 06, 2017, 05:37:52 AM
 #1

Does anyone know anything about him? A simple Google search says that he is the CEO of LightningAsic. There is nothing written about him besides that.

What is his agenda behind Bitcoin Gold and why is he in such a hurry to do a hard fork before Segwit2x/btc1's hard fork? There are news articles that say BTG is friendly with Core. Ok good, but why is there a need for them to fork as early as October 25? Is it a contingency plan? Is someone from Core really behind this?



         ▄▄██████████▄▄
      ▄█████████████████                                ▄▄▄▄     ▄▄▄▄     ▄▄▄▄
    ▄███████▀▀   ▀▀██████                              ██████   ██████   ██████
   ▄██████▀        ██████                              ▀████▀   ▀████▀   ▀████▀
  ▐██████          ▀▀▀▀▀▀
  ██████
 ▐██████
 ██████      ███████████▌    ████████▄▄       ▄███▌     ▄██████████ ███████████▌
▐██████      ███████████    ▐███   ▀███▌     ▄████▌     ███▌           ▐███
██████▌          ██████▌    ███▌    ███▌    ███▀███     ███            ███▌
██████▌          ██████    ▐███▄▄▄▄███▀    ███  ███    ▐█████████      ███
███████         ███████    ████▀▀▀███▄    ███   ███▌   ███▀▀▀▀▀▀      ▐███
 ▀███████▄▄▄▄▄████████    ▐███     ███  ▄██████████▌  ▐███            ███▌
  ▀████████████████▀      ███▌    ▐███ ▄███     ▐███  ███▌           ▐███
     ▀▀███████▀▀▀         ▀▀▀     ▀▀▀▀ ▀▀▀       ▀▀▀  ▀▀▀            ▀▀▀▀

║▮
║▮
║▮

▮║
▮║
▮║



                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████




                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█


                   ▄▄▄    ▄▄██▄▄
                   ██▀▀██████████
                  ██     ████████
                 ▐█▀      ▀████▀
   ▄▄▄▄    ▄▄██████████▄▄    ▄▄▄▄
 ▄████████████████████████████████▄
▐██████████████████████████████████▌
▐██████████   ▀██████▀   ███████████
 █████████▌    ██████    ██████████
  ▀██████████████████████████████▀
   ▀████████▀▀████████▀▀████████▀
     ▀███████▄        ▄████████▀
       ▀████████████████████▀
          ▀▀▀▀█████████▀▀▀▀
1508273630
Hero Member
*
Offline Offline

Posts: 1508273630

View Profile Personal Message (Offline)

Ignore
1508273630
Reply with quote  #2

1508273630
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508273630
Hero Member
*
Offline Offline

Posts: 1508273630

View Profile Personal Message (Offline)

Ignore
1508273630
Reply with quote  #2

1508273630
Report to moderator
centralbanksequalsbombs
Full Member
***
Offline Offline

Activity: 210

Bitcoin :open immutable decentralized global fair


View Profile
October 06, 2017, 05:41:49 AM
 #2

If there's no standard [ANN] thread with announcement and clear details, then its simply an arrogant scam.

on a separate, unrelated thought, a non-premined GPU-algo low emission bitcoin would be a good idea....but at the end of the day, even that is just an altcoin.

Tips welcomed
FlorentineNobleman
Full Member
***
Online Online

Activity: 196


Spectre.ai


View Profile WWW
October 06, 2017, 05:45:49 AM
 #3

Actually I've met him in person back then in March in Hong Kong. He was very clever and spoken great English.

He was in the process of moving his mine and exchange to Hong Kong because of Mainland ban on crypto.

He is not only mining on a large scale but also selling his own asics and hardware wallets produced by his company.

It seems that he estabilished himself for good in HK.

pooya87
Legendary
*
Offline Offline

Activity: 1064


Buy bitcoin they said... who listened?


View Profile
October 06, 2017, 05:56:20 AM
 #4

What is his agenda behind Bitcoin Gold and why is he in such a hurry to do a hard fork before Segwit2x/btc1's hard fork?
to make more money faster. that is why there is a big ass premine anyways.

Quote
There are news articles that say BTG is friendly with Core. Ok good,
what part of that is good? it is a useless fork creating a premined altcoin and it is abusing bitcoin's name.
any Core developer who is "friendly" with it, is an enemy of bitcoin.

Quote
but why is there a need for them to fork as early as October 25? Is it a contingency plan? Is someone from Core really behind this?
maybe they want to get their fork and get the chain up and running and mineable before the SegWit2x drama starts so maybe they can benefit from that too.
there is also possibility that they want to have it up and running so that all the refugee miners from ETH have a place to go to.

TheGodson
Member
**
Offline Offline

Activity: 112

--->*>*>*> www.earnthosebitcoin.com <*<*<*<--


View Profile
October 06, 2017, 06:11:03 AM
 #5

Bitcoin Gold was founded by Nick Szabo, or so I thought. I don't think you need to worry about the hard fork. Whatever is best for bitcoin will happen due to the people that know a lot about it are working on it. Seems like a lot of these hard forks are just money making opportunities where big money creates pump and dumps. Overall, bitcoin will prevail.

DooMAD
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
October 06, 2017, 06:18:45 AM
 #6

It is a little curious when someone who has their work and, presumably, money tied in with ASICs, wants to create a fork where ASICs are pretty much irrelevant.  I have to admit I'm a little intrigued.  But then again, what's the point in trying to guess peoples' motivations anyway when you'll probably never find out for certain?  Once it's out in the open, what the creator envisaged could well go out the window and morph into something else entirely.  

Whatever they want to do and for whatever reason they want to do it, they're free to.  Everyone else is free to either tag along for the ride or don't.  Each to their own.  

Plus some people on this forum seem to go way overboard with the accusations and shit-stirring, assuming everything has to be some sort of attack on the network, so it's not like they need any encouragement to speculate about motives, as if they weren't already.  Most threads on the theme of "motive" tend to descend into baseless mudslinging before too long around here.  Somehow I'm not optimistic about this one, heh.


Bitcoin Gold was founded by Nick Szabo, or so I thought.

Not quite, that was "Bit gold", not to be confused with BitGold or Bitcoin Gold. 

Wind_FURY
Hero Member
*****
Offline Offline

Activity: 518



View Profile
October 07, 2017, 06:21:38 AM
 #7

What is his agenda behind Bitcoin Gold and why is he in such a hurry to do a hard fork before Segwit2x/btc1's hard fork?
to make more money faster. that is why there is a big ass premine anyways.

I agree. This is a money grab, taking advantage of the Bitcoin brand. Jack Liao better include replay protection with this altcoin.

Quote
Quote
There are news articles that say BTG is friendly with Core. Ok good,
what part of that is good? it is a useless fork creating a premined altcoin and it is abusing bitcoin's name.
any Core developer who is "friendly" with it, is an enemy of bitcoin.

Sorry, but that was only my first impression. But yes, I agree with you.

Quote
Quote
but why is there a need for them to fork as early as October 25? Is it a contingency plan? Is someone from Core really behind this?
maybe they want to get their fork and get the chain up and running and mineable before the SegWit2x drama starts so maybe they can benefit from that too.
there is also possibility that they want to have it up and running so that all the refugee miners from ETH have a place to go to.

That would be a smart move by them if they could maintain the price level at $400 - $500 like BCC. Maybe that is what the funds for the premine is really for.



         ▄▄██████████▄▄
      ▄█████████████████                                ▄▄▄▄     ▄▄▄▄     ▄▄▄▄
    ▄███████▀▀   ▀▀██████                              ██████   ██████   ██████
   ▄██████▀        ██████                              ▀████▀   ▀████▀   ▀████▀
  ▐██████          ▀▀▀▀▀▀
  ██████
 ▐██████
 ██████      ███████████▌    ████████▄▄       ▄███▌     ▄██████████ ███████████▌
▐██████      ███████████    ▐███   ▀███▌     ▄████▌     ███▌           ▐███
██████▌          ██████▌    ███▌    ███▌    ███▀███     ███            ███▌
██████▌          ██████    ▐███▄▄▄▄███▀    ███  ███    ▐█████████      ███
███████         ███████    ████▀▀▀███▄    ███   ███▌   ███▀▀▀▀▀▀      ▐███
 ▀███████▄▄▄▄▄████████    ▐███     ███  ▄██████████▌  ▐███            ███▌
  ▀████████████████▀      ███▌    ▐███ ▄███     ▐███  ███▌           ▐███
     ▀▀███████▀▀▀         ▀▀▀     ▀▀▀▀ ▀▀▀       ▀▀▀  ▀▀▀            ▀▀▀▀

║▮
║▮
║▮

▮║
▮║
▮║



                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████




                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█


                   ▄▄▄    ▄▄██▄▄
                   ██▀▀██████████
                  ██     ████████
                 ▐█▀      ▀████▀
   ▄▄▄▄    ▄▄██████████▄▄    ▄▄▄▄
 ▄████████████████████████████████▄
▐██████████████████████████████████▌
▐██████████   ▀██████▀   ███████████
 █████████▌    ██████    ██████████
  ▀██████████████████████████████▀
   ▀████████▀▀████████▀▀████████▀
     ▀███████▄        ▄████████▀
       ▀████████████████████▀
          ▀▀▀▀█████████▀▀▀▀
ramsdaj28
Full Member
***
Offline Offline

Activity: 182


Crypterium- Digital Cryptobank & Credit Platform


View Profile
October 08, 2017, 04:45:17 AM
 #8

Does anyone know anything about him? A simple Google search says that he is the CEO of LightningAsic. There is nothing written about him besides that.

What is his agenda behind Bitcoin Gold and why is he in such a hurry to do a hard fork before Segwit2x/btc1's hard fork? There are news articles that say BTG is friendly with Core. Ok good, but why is there a need for them to fork as early as October 25? Is it a contingency plan? Is someone from Core really behind this?

He's a businessman, and you know what he's looking for. He's after earning money. He is preparing as early as October 25 (although the full network launch is scheduled for November 1) to get rid of that China banning ICOs.

One more thing, bitcoin is one of the most reliable and always on the top list of best cryptocurrency, so there should be no doubt why a lot of investors are relying on bitcoin-related things like forking from bitcoin. Who knows, bitcoin gold could be the next big thing.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!