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Author Topic: Bitcoin Gold premined?  (Read 1209 times)
LeoEspansq
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October 21, 2017, 06:24:20 PM
 #21

How much premined?There is yet another fork in november.
The Segwit2x fork in November is a whole different thing.
It will be a copy of Bitcoin but with solutions for scaling problems implemented, no premined coins rather than the ones on the current blockchain..

And what bitcoin is Gold better than the original bitcoin? I do not understand why I need to create a lot of coins that nobody needs. Bitcoin gold will not compete for the original bitcoin
bitorama
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October 21, 2017, 07:03:01 PM
 #22

yes, that's why bitcoin gold is scam
Crypto-watch-Talk
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October 21, 2017, 07:23:26 PM
 #23

Do any of you actually have proof that this is all true what you've been posting on this thread?

Because so far as far as I can see it is all just speculation with no actual proof of anything in this whole thread.
Crypington
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October 21, 2017, 07:28:01 PM
 #24

This is one reason why I don't think BTG will debut at a high price.  I might be wrong, but this is looking like fork to try to get rich, rather than a fork to improve Bitcoin.  I guess GPU mining is cool, but there are plenty of GPU coins to mine, we didn't really need another one.

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October 21, 2017, 07:33:32 PM
 #25

it can be 1% instamine .. due to delay in wallets.. hope everything will be fair
PokerDiceMan
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October 21, 2017, 09:46:19 PM
 #26

Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold

is bad, bitcoin cash without premine
i think is difference with bitcoin cash, bitcoin gold dev not transparency,

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Gasotard
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October 28, 2017, 05:05:51 PM
 #27

Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold
Mined or not, I still won't be purchasing any coins when they begin to distribute the coins to the people that hold Bitcoins.

Warren Buffert
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October 28, 2017, 05:13:43 PM
 #28

Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold
Mined or not, I still won't be purchasing any coins when they begin to distribute the coins to the people that hold Bitcoins.


I definitely won't be buying either, I dislike how they have been premining it, Some people probably won't even realize.
hodlftw
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October 28, 2017, 05:29:00 PM
 #29

Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold

Having a premine doesnt always mean good or bad necessarily but that much depends on who is behind it and what the distribution plan is. Seeing how their is literally zero distribution plan and the who is not people who

you can instill trust in it is bad in this spot. I mean look at how bitcoingold started off at and now has been pushed down. This isnt due to new miners or people in the market having a ton...it is directly due from the dumping

of that premine, which is down right gross.

bitcad4u
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October 28, 2017, 05:31:00 PM
Last edit: October 29, 2017, 04:09:05 PM by bitcad4u
 #30

Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold

Having a premine doesnt always mean good or bad necessarily but that much depends on who is behind it and what the distribution plan is. Seeing how their is literally zero distribution plan and the who is not people who

you can instill trust in it is bad in this spot. I mean look at how bitcoingold started off at and now has been pushed down. This isnt due to new miners or people in the market having a ton...it is directly due from the dumping

of that premine, which is down right gross.

I guess GPU mining is cool, but there are plenty of GPU coins to mine, we didn't really need another one and Including the fact that it will be possible to mine on not very powerful video cards. So it's possible to Mine the Bitcoin Gold But take some time.When the Bitcoin gold is came means,all will get into it.
nkarm1
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October 28, 2017, 05:39:30 PM
 #31

How much premined?There is yet another fork in november.

Based from the things I read, it's just less than or ~~1% of the total coins to be produced. I can't really understand on why some can't understand it. This coin needs a support that will carry this new coin for years, so they will be needing a budget for that. Remember that ethereum also was premined way more that 1% and it has been discussed and argued for many months, but look at it on how ethereum was developed. Still for years ethereum is still in a good run because of developments. Maintenance is very important same as support and developments. Look at doge, it has been stagnant for years because of lack of developments, now it seems that it is dying.
Gasotard
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October 28, 2017, 05:41:11 PM
 #32

Just read on twitter @bitcoingold an update and it says that bitcoin gold is premined? what does that mean?? good or bad?

https://twitter.com/bitcoingold
Bitcoin Gold doesn't really have that many people wanting it so who cares?

fabioganga
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November 15, 2017, 09:47:39 PM
 #33

I also disagree with the need of having a 1% premined, there is no need really.

Also, in my opinion the sudden massive fall of its value in these past 2-3 days can only be explained with the dev dumping his 1% to convert it to Bitcoin.

I can't otherwise explain, I never seen a coin getting to a third of its launch value in just three days. That's not volatility, it's speculation of the finest kind.
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