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Author Topic: Bitcoin or Altcoin before the hardfork?  (Read 817 times)
Gaviscon
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October 09, 2017, 11:25:36 PM
 #21

i definently wouldn't chose altcoins..
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October 09, 2017, 11:56:20 PM
 #22

You've certainly got a point; investing into a coin with a value that has already gone up significantly isn't a brilliant move generally, even if it is Bitcoin. I have my focus at some altcoins too at the moment as they are now somewhat cheaper and I suspect this situation will remain until the hardfork. Alts will probably (hopefully?) more or less recover after the hardfork.
If someone asked me about this question, maybe I choose both strategies. I will hold the bitcoin and buy altcoins at same time before the hardfork comes. I see nothing wrong of being a positive thinker. It's better to try than do nothing. I believe all problems were gonna be having solutions.

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Athreos
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October 10, 2017, 12:01:52 AM
 #23

Replay protection is not an issue with Bitcoin Gold fork... it is with 2x fork in November.

I have heard otherwise. Without replay protection, wouldn't you be putting your bitcoins at risk whenever you transact with Bitcoin Gold?
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October 10, 2017, 12:09:21 AM
 #24

The team of Bitcoin gold has been in charge of informing the social networks to the holders of cryptoactives that, when the bifurcation occurs, the quantity of bitcoins in the portfolios will be duplicated, in the same way that happened with the fork of Bitcoin Cash. For this reason they invite the community to change all their altcoins to BTC, in order not to "stay out" of the operation but do not talk about the computer development of their network. They also specify, through a comparative table between three Bitcoin forks (Bitcoin Cash, Bitcoin with SegWit2x and themselves), which will operate with SegWit, but do not support SegWit2x; that the mining will be done with GPU, while the others require ASIC; which will offer protection against repeat transactions, unlike SegWit2x and will adjust the difficulty in each new block.

It has also been known that this altcoin is driven by Jack Liao, CEO of the mining pool LightningAsic, located in the province of Canton, China, although it is a decentralized open source project, so there are no president or CEO , only collaborators. So this second hardfork could promise but I recommend that you investigate more before making a decision.

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October 10, 2017, 12:10:46 AM
 #25

People are selling all altcoins to buy bitcoins before the split, so is good time to buy alts while it last.

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October 10, 2017, 12:15:53 AM
 #26

Replay protection is not an issue with Bitcoin Gold fork... it is with 2x fork in November.

I have heard otherwise. Without replay protection, wouldn't you be putting your bitcoins at risk whenever you transact with Bitcoin Gold?

I also have heard btc gold dont have replay protection so i am now looking at how the exchanges and my investment btc casino is handling this fork in case the no replay protection is true. If the exchange or other platform is not doing correctly, they may be under attack easily and can lose millions of dollars. And btc gold has very bad team on it, till now i have heard that the snapshot had happened already while on the other hand, some said not yet.
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October 10, 2017, 12:23:48 AM
 #27

First what I say is at this time of writing bitcoin is not new time high , it is old time time high, second every stock and currency are always moves in waves , so what I think is bitcoin dealing with present phase is not a good idea for hold, Alt are what silver is for gold.  Still  no single altcoin is competitor for bitcoin, there have to be 5-10 to balance its power more over the world is entering phase of cryptocurrencies, There must be silence momentum in altcoins
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October 10, 2017, 12:58:31 AM
 #28

im going to have both. So i can get a bit of btc gold, however the prices of the alts are just so low at the moment.. but makes me wonder if i should hold out longer to buy, closer to the 25th...
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October 10, 2017, 05:55:00 AM
 #29

if there is a chance to buy bitcoin then i think i will buy again but if the price still increase without stop for a while then i think its not good to buy because the price can be down in any time. although i realize that after the correction price, the price will start increase again, but for me its still not good. its better to wait for a while and see the price is down.

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October 10, 2017, 05:57:28 AM
 #30

Well, if you have a lot of Bitcoin then it's free money so make sure to hold it all in your own wallet.

If you think selling off your alts is a good idea to do that, you are wrong. By the time you receive your free coins and want to buy back in, you will have to buy in at a higher price. Probably lose more than what you gain from "free coins". This new Bitcoin alt gold or whatever it is called will not even cost half of Bitcoin Cash.

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October 10, 2017, 06:29:10 AM
 #31

A part of my portfolio I will bring in fiat and other will hodl.
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October 10, 2017, 06:48:09 AM
 #32

Bitcoin Gold does sound quite good from what i was reading about it.  It's here to help bitcoin not work against it and as more of a competitor against Bitcoin cash and ethereum. Basically it just makes it possible to mine with GPUs (Graphic Processing Units)  to allow more participants to mine, taking away some of the hash power from the bigger miners who have largely cornered the Bitcoin market. If i hadn't spent all my cash on ICO's recently i would go with some bitcoin right now.

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October 10, 2017, 06:55:26 AM
 #33

Of course, gonna hold them both.
I'll stick to my original portfolio and there's no way to change it.
Even though alt coin is in bloodbath now I keep them all and just wait for the drama to be over. As we near in hard fork, many will hold their coins so they can have the equivalent of it to have bitcoin gold.
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October 10, 2017, 07:37:31 AM
 #34

i will hold all my alts... and i feel sorry that all times a new btc fork like that (thats sound a scam for me...born just to pick up money9 ... all comunity pander this dirty game selling alts for holding btc. thats the best way not to trust in deed on alt projects and play the game of greedy miners....

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October 10, 2017, 07:50:27 AM
 #35

I'd like to hold bitcoin while the hardfork, but buying alts at new dips is good too. I think 60-70% I will keep at BTC and the rest at alts.

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October 10, 2017, 10:20:32 AM
 #36

for me both because desame you can use the Bitcoin sees Karin and altcoin also see Karin so for me I had no choice are both two that you can exploit.
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October 10, 2017, 10:28:26 AM
 #37

Personally I'm not changing anything. If I took the hardfork more seriously I might, but I don't see it even being as successful as BCH, so not work all the transaction fees and selling out low on a bunch of coins I'm happy owning.

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October 10, 2017, 10:29:43 AM
 #38

I'm goign to buy and hold waiting for the hardfrok
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October 10, 2017, 10:33:01 AM
 #39

That's yet another tricky question to answer, however I'd say that it's rather late for  (re) investing in BYC as the price has already rocketed to the new heights, though if you already have Bitcoin it's certainly safer to hold it and revive some extra money for that. On the other hand if you are only thinking and considering investing into cryptocurrencies of any kind you should indeed take a more careful approach and certainly invest in various cryptocurrencies to diversify your investment portfolio. Otherwise you are running a risk of loosing your money: so to keeep safe trust yourself, thoroughly study ICO's and invest in what suites you personally. Even the Bitcoin is a good investment and value for money if you are going to invest for a really long period of time

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October 10, 2017, 11:52:16 AM
 #40

I've personally diversified, that is mainly ETH and LTC, but also OmiseGo and IOTA for the current low level entry prices. Both have a huge practical potential, which Bitcon lacks.

Have some more too, XLM, STEEM, BCC, need to check Smiley. 50% is Bitcoin.

So, however that Gold hardfork goes, I believe I'm on the safe side. 2x later, I don't know, there may be a sell off in between or not.

Longterm I'm certain good Altcoin projects will show their value to the real world. Bitcoin may remain that precious thing like gold nobody has really a use for other than store value.
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