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Author Topic: Shall I buy BTC now to get the free BTG?  (Read 733 times)
Vohoanghiep
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October 21, 2017, 05:04:15 PM
 #21

If there is such an opportunity, I think you should invest because I believe in the future BTC will grow and its value will rise even higher. Beside that, you say that you will get BTG for free, this is a very high growth potential currency, so to say it is another version of bitcoin, so why not take the risk, maybe you will receive more than what you want.
The Sceptical Chymist
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October 21, 2017, 05:04:57 PM
 #22

What's a "dump question"?

Anyhow,  buying bitcoin right now probably isn't a bad idea, as momentum currently favors the longs.  But you'd also be buying in at bitcoin's ATH, so be careful.  As far as bitcoin gold goes, I have a feeling it's going to be just another shitcoin, BUT you'd be getting it for free, and free stuff is always nice.  I still haven't claimed my bitcoin cash yet, but I probably will once I get a new laptop and can download a wallet for BCH.  So yeah, buy away. The bull market still has legs.

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Za1n
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October 21, 2017, 05:05:26 PM
 #23

I would wait for a dip before buying in. Consider the price of Bitcoin rose from around $3500 a month ago to around $6100 now. That $2,600 rise isn't all because of the fork and BTG, a lot of it is pure speculation and manipulation. For BTG to be the reason behind it means people believe BTG is going to be worth close to $2600 each, or the difference in price that Bitcoin rose since the BTG talk began. Well if you believe that I have a bridge to sell you.

Anyway, the price is sure to come down again at some point as nothing rises straight up. If the money is burning a hole in your pocket to invest, I would suggest buying in in 25% increments, meaning buy $500 of BTC now, wait a week until after the fork to see how things play out, then invest another $500, wait another week or two invest $500 and so on. This way you spread the risk out that due to the run-up in price, or the fork, or both, you can get in at a good price.
btcprospecter
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October 21, 2017, 05:10:42 PM
 #24

I think most are of the view that they will sell their bitcoin gold at the earliest opportunity. If this is your plan I would buy more bitcoin although you are buying at high prices it should still hold value after the dust settles after bitcoin gold.

AngelSky
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October 21, 2017, 05:12:59 PM
 #25

What's a "dump question"?

Anyhow,  buying bitcoin right now probably isn't a bad idea, as momentum currently favors the longs.  But you'd also be buying in at bitcoin's ATH, so be careful.  As far as bitcoin gold goes, I have a feeling it's going to be just another shitcoin, BUT you'd be getting it for free, and free stuff is always nice.  I still haven't claimed my bitcoin cash yet, but I probably will once I get a new laptop and can download a wallet for BCH.  So yeah, buy away. The bull market still has legs.

We can bitcoin at any time as bitcoin price potential will fly in future for sure. If the coin splitted from the bitcoin gold or profit always earning bitcoin and holding it for some time will be best to go bro.
Now only blockchain accepted BCH in their wallet. If you look into receive BTG rewards you have to concern desktop wallet to get the bitcoin gold reward for the bitcoins you saved in your wallet.
Sadsong
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October 21, 2017, 05:16:08 PM
 #26

Speculating for sure but I think the price corrects a little and that right there would be the BTG like others have stated. Its very risky to buy right now at such a high price and if it was me, I would wait till a week after for settling in the market. Do not see a rocket in price after, so you would have time to buy if price stabilizes. Chasing BTG seems interesting till you step back and look at what you could loose.
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October 21, 2017, 05:22:09 PM
 #27

To be honest, I wouldn't recommend you to buy Bitcoin just because you will get BTG for it or any share from the upcoming forks. However, I believe that Bitcoin is a good investment considering the long-term scenario so if you can hold it for the long term (minimum above 3 years) then it is highly recommended to buy it. However, this is my personal opinion and one should do his own research before taking any investment decision.
audrey12
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October 21, 2017, 05:31:18 PM
 #28

I will not recommend buying bitcoin now especially if your purpose is to get free bitcoin gold because the price isn't good to invest at this point, it's quite high and you might incurred lost if ever the value drops during or after the fork better wait and see what's gonna happen and if chances will be given to better buy bitcoin when its value drops so you can earn well beside we cannot asure you that the value of bitcoin gold will also become high after the said fork
pat4cryptoreal
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October 21, 2017, 05:35:46 PM
 #29

I think if you want to buy because you are preparing for the fork you should also gather enough information to guide you in order to avoid making mistake.
Soutogu
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October 21, 2017, 05:36:14 PM
 #30

Bitcoin Gold is a total scam! I don't even know how it has been getting this much attention, it's weird... And for your question - no, you shouldn't be buying BTC in the hopes of getting free money with bitcoin gold..
rohinihere
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October 21, 2017, 05:37:13 PM
 #31

Buying bitcoins anytime is a really good idea..but just to get BTG i dont think so...as i dont think BTG would worth that much...And i am pretty confident that after the fork bitcoin price will go down
tora
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October 21, 2017, 05:44:09 PM
 #32

Nobody really knows what will happen to price at fork. If you believe it will drop more than the value of BTG you will receive then it would be better to buy on the dip,if it happens. Bitcoin is very strong at the moment,perhaps due to the fork,so will fork be strong enough to cause decrease?
dothebeats
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October 21, 2017, 05:45:49 PM
 #33

Should have thought about that where prices aren't at a premium ($4500-$5000). Everyone seems to do the same thing right now, and that's one of the reasons I thought why there's a sudden sharp increase in price. Most people think that BTG would be another easy profit grab like BCH so everyone wants to be a part of the new scheme. It's not too late, you still have 4 days to go.
haroldtee
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October 21, 2017, 05:50:41 PM
 #34

Bitcoin Gold is a total scam! I don't even know how it has been getting this much attention, it's weird... And for your question - no, you shouldn't be buying BTC in the hopes of getting free money with bitcoin gold..
Obviously, it's been getting much attention because it is free and who does not like free money unless everyone here wants to lie. Sure, the Bitcoin Gold fork is rubbish, unnecessary and having unnecessary annoying forks like this every now and then will end up affecting Bitcoin's immutability. If OP wants to buy BTC not because of the value it has to offer but because of the fork, with the hope of some free coins, it is his choice. That is how he would wish to conduct his business hoping for a better return from the fork, and I do not see anything bad about it. However, it is not good to be encouraging forks because of the free money if we have to consider the reputation risk.
axorb
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October 21, 2017, 06:09:32 PM
 #35

A portion of the same. In the event that you as of now have bitcoin, make the most of your reward. this will without a doubt go the method for bitcoin money. be that as it may, on the off chance that you are contemplating purchasing bitcoin just to take the depiction, please make an effort to remain careful. The depiction is apparently as of now valued in. Dont be astounded on the off chance that we encounter a noteworthy withdrawal after the fork, as the present cost of btc is no doubt an aftereffect of this. Dont overlook this. Experimentally, when we arrive, some administration will present some direction about btc and after that we withdraw.
JollySkipper
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October 22, 2017, 05:26:01 PM
 #36

Yes and then buy just BTG because BTC has become a joke. Or better buy ethereum, neo or lykke.

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October 22, 2017, 05:41:07 PM
 #37

Anywhere does anyone stated that if small amount of btc is bought then BTG will be distributed free? Its not suggested to buy BTC when the value is high. Better wait for BTG launch. Then buy BTG is you are really willing to buy then.

pixie85
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October 22, 2017, 05:44:46 PM
 #38

Yes and then buy just BTG because BTC has become a joke. Or better buy ethereum, neo or lykke.

BTC a joke? The strongest and most popular cryptocurrency ever? I guess you wanted to say "buy BTG because BCC became a joke. It's either that or you're on drugs Cheesy
Be my guest you can buy my BTG for 50% of the price of BTC. If BTC is a joke that should be a bargain for you Wink
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October 22, 2017, 05:51:11 PM
 #39

Yes and then buy just BTG because BTC has become a joke. Or better buy ethereum, neo or lykke.
why are you considering btc a joke? It is the currency of future, it will eradicate the government regulation once for all. It is no joke my friend its a deal.
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