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Author Topic: IF I BUY bitcoin now  (Read 557 times)
torry28
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October 10, 2017, 11:08:38 AM
 #21

Do we know the date of the fork ?
On Oct 25, 2017.

Sorry  guys, If I  buy  bitcoin  now, will  happen the same thing as bitcoin cash?

After  the  fork  will  I have both  Bitcoin gold and  bitcoin?

Example:  I want to  buy  300$   of bitcoin now.   After the  fork will  I have the some  ammount  of  bitcoins +  bitcoin gold (a new currency)?

So  double money?



I heard yes. You would have 1 BTCG for 1 BTC you hold until Oct 25. Your money won't be doubled so easy once you bought bitcoin and hold it. BTCG will be never can reach bitcoin price, so you will only get double amount, not double money.
bakgwei
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October 10, 2017, 11:54:26 AM
 #22

also, there are plenty of other threads on here that discuss this topic in quite some details. My personal take-away from the last fork is that the BTC price was very volatile before the ICO, which made "normal" trading quite unpredicatble...
bhantom
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October 10, 2017, 12:09:21 PM
 #23

I would suggest you do not be interesting bitcoin.

Better way will be buy some altcoin on good position in rank, e.g. waves.

Make research about that and choise what is the best option for the coming fork
Tyrantt
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October 10, 2017, 12:20:04 PM
 #24

Quote
I heard yes. You would have 1 BTCG for 1 BTC you hold until Oct 25. Your money won't be doubled so easy once you bought bitcoin and hold it. BTCG will be never can reach bitcoin price, so you will only get double amount, not double money.

But it's not like it's going to be worth nothing, even with the 1:1 ratio for btc, with the price of 50-100$ it can still bring in some money for the nice ICO or some alt-coin investment. It's not just to be completely ignored.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
snedyolo
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October 10, 2017, 02:18:16 PM
 #25

If you buy bitcoin now, then you are investing for your future. With hard work and effort, you can definitely succeed in the bitcoin industry. So, it's better to invest early than late.

Shadow Trader
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October 10, 2017, 02:22:50 PM
 #26

Bitcoin gold will not have price like BCH, so I decided to choose another altcoin to invest. After Oct 25, maybe i will x2 my balance. xD
I will choose Waves.
siddhant2523
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October 10, 2017, 02:25:45 PM
 #27

Hey
If we hold btc,then we can get btg??
Fatunad
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October 10, 2017, 02:25:52 PM
 #28

Sorry  guys, If I  buy  bitcoin  now, will  happen the same thing as bitcoin cash?

After  the  fork  will  I have both  Bitcoin gold and  bitcoin?

Example:  I want to  buy  300$   of bitcoin now.   After the  fork will  I have the some  ammount  of  bitcoins +  bitcoin gold (a new currency)?

So  double money?



No you wont when it comes to value. You might get the 1:1 ratio on the coins but they differ on value just like what we saw on Bitcoin Cash and also talking about double money and double coin is lot different thats is why it is somehow confusing for other to use such word but for now the best thing to do is accumulate more bitcoin as much as we can until the fork.
torry28
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October 10, 2017, 02:31:11 PM
 #29

Hey
If we hold btc,then we can get btg??
Make sure you hold your bitcoin in your wallet (not in exchange sites) which you can control your wallet private key.
Read here how to claim bitcoingold when the hardfork finished  https://www.claimbtcgpu.org/howclaim.php
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