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Author Topic: Confused about upcoming Bitcoin fork  (Read 680 times)
shan2026 (OP)
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October 08, 2017, 09:47:01 PM
 #1

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

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amaral1977
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October 08, 2017, 10:30:24 PM
 #2

Usually it´s the other way around. The way to guarantee you get the fork coins is by controlling the private keys in your own wallet. However some exchanges make early announcements about these forks. For instance bitfinex already took position about the Segwit2 fork. Not sure what the position is from the exchanges about BTC gold.

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shan2026 (OP)
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October 08, 2017, 11:01:56 PM
 #3

Usually it´s the other way around. The way to guarantee you get the fork coins is by controlling the private keys in your own wallet. However some exchanges make early announcements about these forks. For instance bitfinex already took position about the Segwit2 fork. Not sure what the position is from the exchanges about BTC gold.

What people expect price of BTC Gold to be? Did price of bitcoin tank as soon as Cash was given as free last time? Or its better to buy more alt coins now that they are way down because people are moving to bitcoin.


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October 09, 2017, 12:00:05 AM
 #4

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

You could have your own wallet in your own dedicated system/laptop.

You could leave it in a supported trading platform,
I think this is the best,
you ll not require to do things and it is just done,.... you can buy more with your coin right at that place or HODL.

I choose this one.
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October 09, 2017, 01:03:32 AM
 #5

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

Just leave it with trading paltform that support new forking.
You can just trade it right away later.
You dont have to make new wallet and making a new chain.
It is easier
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October 09, 2017, 05:54:55 AM
 #6

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins?

ONLY IF the exchange you are keeping your coins in promises to support the fork and also promises to credit your new coins to you after the fork if you keep coins there. not all exchanges do this so make sure you check it out.
for example i remember asking c-cex about BCH and they said they will not support it so i made a withdrawal.

Quote
Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

nothing special really. BCH forked from bitcoin and created an altcoin. some people got their BCH tokens out and enjoyed the free money, some others are still holding it because they have hope and some never bothered to claim it.

the "particular wallet" you need to keep your coins to get any futuristic fork new coins will ALWAYS be a wallet that you are the only one who has access to the private keys.

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October 09, 2017, 05:58:51 AM
 #7

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins?

ONLY IF the exchange you are keeping your coins in promises to support the fork and also promises to credit your new coins to you after the fork if you keep coins there. not all exchanges do this so make sure you check it out.
for example i remember asking c-cex about BCH and they said they will not support it so i made a withdrawal.

Quote
Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

nothing special really. BCH forked from bitcoin and created an altcoin. some people got their BCH tokens out and enjoyed the free money, some others are still holding it because they have hope and some never bothered to claim it.

the "particular wallet" you need to keep your coins to get any futuristic fork new coins will ALWAYS be a wallet that you are the only one who has access to the private keys.
its needed to make sure that the exchange will support the chain, bch before was been supported by most big exchange so everyone that hold btc from
the exchange enjoy the free money, I'm still reading things about this new coins and waiting for exchange to make their stand making sure that if free
btc gold will be distributed I can have mine.

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October 09, 2017, 06:25:19 AM
 #8

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

You should secure your btc with the wallet who's have a privatekey like electrum so that you can get your bitcoin gold but if you are looking for the past hardfork happening you can visit some good article site like cointelegraph and other active sites related unto that today.

Hardfork is little bit far away to be happen and you still have some few days to prepare with it and remember bring or grab some BTC so that you can get that crypto when the fork is happening.

R


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October 09, 2017, 07:00:26 AM
 #9

Any exchanger will give you official notice in this regard. I suggest you store Bitcoin in a big and famous exchanger like Bittrex and poloniex.
hopefully this happens like BCH and we get coins for free. Grin
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October 09, 2017, 07:13:32 AM
 #10

Any exchanger will give you official notice in this regard. I suggest you store Bitcoin in a big and famous exchanger like Bittrex and poloniex.
hopefully this happens like BCH and we get coins for free. Grin

Recently Bittrex give's the BCH to the people who have btc balance to their account but what I would suggest more is to store on the wallet who's been secured by private keys since this is more recommended by the people and speculator since this is the most safest thing we do before the hardfork comes.

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October 16, 2017, 02:12:25 PM
 #11

I just want to learn that when this Bitcoin Gold will be available for Buying and Seling on the markets such as Bittrex and Poloniex.
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October 16, 2017, 02:51:29 PM
 #12

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

You shouldn't really hold your bitcoins in a exchange in order to get bitcoingold, because you simply don't know if the exchange will accept the new coin or not. With bitcoin cash I think things went well for most users, but those that did not hold their private keys were at risk of net getting any coins for the fork. I think you should transfer your coins to a wallet, where you own your private keys. This way you know you will get the bgold for sure.

I just want to learn that when this Bitcoin Gold will be available for Buying and Seling on the markets such as Bittrex and Poloniex.

I don't think they have announced it yet. Maybe you should try to see on the bgold website, what exchanges already support them. Last time I checked, those two weren't there yet. Not saying they wont list it, but right now, we don't know if they will.
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October 16, 2017, 03:11:41 PM
 #13

Usually it´s the other way around. The way to guarantee you get the fork coins is by controlling the private keys in your own wallet. However some exchanges make early announcements about these forks. For instance bitfinex already took position about the Segwit2 fork. Not sure what the position is from the exchanges about BTC gold.

What people expect price of BTC Gold to be? Did price of bitcoin tank as soon as Cash was given as free last time? Or its better to buy more alt coins now that they are way down because people are moving to bitcoin.


After 1/8 everyone hold Btc will receive Bch, and Bitcoin increase rapidly without being affected by Bch.
And now people keep the BTC until 25/10 to receive the BTG on 1/11 with a ratio of 1: 1. (To the present it can be seen that the BTC will be split up again and that has been confirmed by the leaders at Bitmain and F2Pool.)
Specifically: 1 BTC = 10 BTG
BTG = Bitcoin Gold Also known as Bitcoin GPU.
 It is not strange that people sell Altcoins and keep Btc making Bitcoin rise constantly!
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October 16, 2017, 03:25:21 PM
 #14

What the fk, there is a user who said that you are going to receive 10 btg per every bitcoin that you own, this is false mate, you are only going to receive the same convertion than before, 1;1, not more and not less.
And yes, if you keep them on a safe exchange you will probably receive the btg that you diserve, but maybe a few days later because exchanges need a lot of time to make the right distribution.
But if you hold them on your wallet you are going to receive them too.

Hello
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October 16, 2017, 03:27:59 PM
 #15

Maybe you should try to see on the bgold website, what exchanges already support them. Last time I checked, those two weren't there yet. Not saying they wont list it, but right now, we don't know if they will.

be careful where you check! there are a lot of fake websites out there claiming to be bitcoin gold's website. i saw one the other day which was asking for ICO funds to be paid to a certain address!

the real one is called BTCGPU.org and they just made the website today. and it has no mention of exchanges to trade this.

it is funny how their website says "transparency" and yet there is no mention of the premine!

There is a FOMO brewing...
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October 16, 2017, 03:29:37 PM
 #16

Nothing to get confused, stay active and have trust over bitcoin. The rest happens good as that happened during the past splitting of bitcoin cash from the main chain. Price dip has been speculated much, same as that things happened and suddenly the price began to pump and caused a price dip for bitcoin cash and lead bitcoin grow continuously.

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October 16, 2017, 04:18:14 PM
 #17

Maybe you should try to see on the bgold website, what exchanges already support them. Last time I checked, those two weren't there yet. Not saying they wont list it, but right now, we don't know if they will.

be careful where you check! there are a lot of fake websites out there claiming to be bitcoin gold's website. i saw one the other day which was asking for ICO funds to be paid to a certain address!

the real one is called BTCGPU.org and they just made the website today. and it has no mention of exchanges to trade this.

it is funny how their website says "transparency" and yet there is no mention of the premine!

if you scroll down pretty well now, they mentioned 3 exchanges so far supporting the forked chain (Yobit, bitbtc and bitstar). Apparently, they will keep updating as time goes on before the fork. At least they have information now unlike for some days that it has been pretty bleak. Let's see how things turn out. To me, it is just another BCC time!
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October 16, 2017, 07:24:55 PM
 #18

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

Fortunately or unfortunately, it does not seems there is going to be any fork so bothering or getting confused about it should not be a subject of discussion because less than 10 days to the day of the fork, no solid information yet on how to go about it. If it turn out that more information is coming out, we will all see as the forum is somewhere to get it. Rather than bothering yourself about that, its better to start aggregating the bitcoin in a wallet that there is absolute control without any compromise.
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October 17, 2017, 05:21:56 AM
 #19

I'm not sure, will get it free like BCC. I am still confused and there is no official information.
some people are getting excited when this is just an issue.

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October 17, 2017, 06:35:30 AM
 #20

To get free Bitcoin "gold", one just need to keep Bitcoins in exchange? Like for exemple did Kraken.com last time give Bitcoin Cash to all those who had Bitcoins? Relatively new in this world so don't know what happened in last fork. Or one need to keep them in particular bitcoin wallet to get free gold?

It is upto your choice of keeping bitcoins in exchange or keeping them in hardware or desktop wallet. If you keep in exchange you can get the coins immediately or later but you have to do nothing. But it is risky also. If you keep in hardware or desktop wallet then you have to follow the steps to secure your bitcoins and then claim the Bitcoin Gold coins. So which one suits you that you can do it.
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