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fedoralite
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October 10, 2017, 07:56:15 AM |
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Nope I don't think its scam since its free and the people will dictate on this on what would the fate goes for the bitcoin gold and if people selects to hold it then this alt will earn a good future but if people would do a receive dump schemes then this coin will be sorry. But we should be careful since might there are some manipulators that will manipulate it and we will be trap at the peak price if we buy immediately.
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"You Asked For Change, We Gave You Coins" -- casascius
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Minor Miner
Legendary
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Activity: 2282
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Be A Digital Miner
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October 10, 2017, 08:19:30 AM |
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I don't think they are scam too. I suppose that so huge premine is not healthy for crypto at all. But I would be glad if they are succeed.
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Tyr808
Sr. Member
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Activity: 606
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06/19/11 17:51 Bought BTC 259684.77 for 0.0101
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October 10, 2017, 08:44:13 AM |
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BTG is the reason most altcoins are losing terrain and BTC is soaring.. and this might continue for the next couple of weeks. There's lots of expectations on this. After the ups and downs of Bitcoin Cash (now getting wrecked), people expect to be able to make good bucks on 25th October expecting exactly what happened with BCC.
But I doubt it. BTG is structurally different from BCC (weaker IMO) and arrives in a moment where BTC is stronger than ever in terms of being the 'one and only'. All in all I would say BTG isn't a scam but perhaps sort of a cash grab.
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Yuuto
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October 10, 2017, 09:22:24 AM |
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It could well be - i mean there are absolutely no guarantees when it comes to altcoins that are posing as bitcoin forks that add no real value to the bitcoin ecosystem whatsoever. They are most likely to be profit making schemes for the founders, if not just an outright scam.
What you said was very interesting. The premine that they attempted was a very large amount.
I'm not sure - i mean, you get free coins. But i wouldn't put any of my own money in.
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prosonoob1992
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October 10, 2017, 09:28:28 AM |
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I think its free, i love free coin  |
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HardFireMiner
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October 10, 2017, 09:43:05 AM |
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Having it premined makes it a scam, so I agree, Bitcoin Gold is a scam and deserves to be in the trash can.
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UAE Seasider
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Helios Protocol https://discord.gg/cpzAEMB
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October 10, 2017, 09:51:59 AM |
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I also read the reddit article and really had no idea what to make of it, if it turly is a scam how can it have gained so much traction and publiticy in such a short time and why had nobody else from all the hundreds of crypto journalists made a big thing about it already?
I am not really interested in it myself and certainly wouldn't sell any of my recently completed ICO altcoins to jump on bitcoin.
I have a bitcoin core wallet on my own computer and if I suddenly find I have an additional coin I will sell it, that's about as much as the excitement gets on Bitcoin Gold for me
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rafter_01
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October 10, 2017, 10:00:02 AM |
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Hype might take BTG quite high.
Definitely killing off the altcoins at the moment. (Good time to buy)
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Ging
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October 10, 2017, 10:01:16 AM |
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thanks for the post it undoubtly shows that you got in detail.but still do you think this fork effect the price of BTC ? i mean the fork will take place in the next 25 of october and yesterday btc reached 4800.
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rally
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October 10, 2017, 10:01:52 AM |
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I heard a lot of opinions that bitcoin gold scam. The real hardfork is segwit2x, not bitcoin gold
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Bolt Brownie
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Betting Championship betking.io/sports-leaderboard
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October 10, 2017, 10:03:20 AM |
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Are you sure bitcoin gold has no replay protection? I kept hearing from every sources I come across that bgold has replay protection, and that it will be just a normal fork like bcash was. The fork that has no replay protections is the segwit2x fork, but that one will onle happen in November. As usual I will take my time to analyze all these things. Don't know if it is a scam or not. If it gets safe to claim them I will do it, and then I will just sell them if they ever get listed on exchanges, so I'm not really worried about this.
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romec1701
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October 10, 2017, 10:03:54 AM |
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Bitcoin hard forks are incredibly damaging for the future of cryptocurrency. The issue is the FUD it spreads to those outside of cryptocurrencies when they hear about what is going on (how can value be created out of nothing). Imagine if USD had a hard fork, or GBP or EUR. It would be crazy.
This and the fact that many new users can get very confused and lose funds if they dont understand replay protection, private keys etc.
The WHOLE community has a duty to try and prevent these things from happening, if it keeps on going then the outside world will lose all faith in cryptocurrency and thats the end of the ride.
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dreamer81
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October 10, 2017, 10:05:02 AM |
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Ya know what? I'm not even going to extract my "bitcoin gold". I'll just leave it, and let it die. The price will fall so fast to 0.0000000001 that no one cares about this crapcoin.
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lourdzwess
Newbie
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October 10, 2017, 10:16:13 AM |
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Bitcoin Cash, Bitcoin Gold....what's next? Bitcoin Silver?? this hardfork is all just confusing now. These new coins are creating stability, chaos and eminent crash!
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rally
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October 10, 2017, 10:23:48 AM |
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at what price can bitcoin gold be counted a week after hardfork? I think not more than $ 100
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diguyo
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October 10, 2017, 10:26:34 AM |
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I don't know about the use of 'scam', but I think it's a ploy to make money for sure...and plenty of others will benefit from it as well. Personally, I'm not planning to join in...free or not, I'm not playing with my BTC security.
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Filmmmakerr
Sr. Member
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Hello. Bye.
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October 10, 2017, 11:23:00 AM |
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Ya know what? I'm not even going to extract my "bitcoin gold". I'll just leave it, and let it die. The price will fall so fast to 0.0000000001 that no one cares about this crapcoin.
We'll see if you feel the same with Bitcoin Gold hits $1000 and above   |
Campaign Manager (2018)
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cammeyz
Newbie
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Activity: 50
Merit: 0
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October 10, 2017, 11:48:34 AM |
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Hopefully the scamcoin will dump and die quickly imo...might deter all this forking buisness for a while.
I'm no cryptowiz but im predicting it'll be worth very little since the news is out of how much of a scam it is...$5 or less after huge dump.
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CTO@MyBitMine
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October 10, 2017, 01:35:47 PM |
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Well probably this is a really scam, and personally I'm not interesting in this anymore. Howewer we can be wrong and it's not scam need more research.
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shade_wrath (OP)
Full Member
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Activity: 210
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Any store can buy, sell, and accept Crypto
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October 10, 2017, 01:36:43 PM |
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As I said in my post, I am sharing the article and the actual efforts and findings are done by EnviousArm (Reddit user), he deserves the credit to do all the work and highlight. I have posted the link in thread to actual reddit post, you can post your questions there and see how the discussion turn out to be.
Problem with our community is everyone want free coins, they dont really care at whose expense they will get it. BCC atleast had given lot of clarity and details about fork. Unlike BTG, on whose website there is nothing mentioned!
Every person has his/her own choice. Whatever you decide to get involved or not, its your own decision and the profit/loss will be your's only.
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