Bitcoin Forum
April 26, 2024, 11:23:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Thoughts on BTC fork  (Read 151 times)
JTTech (OP)
Member
**
Offline Offline

Activity: 227
Merit: 26

PRiVCYM4tters🕵🔐PRiVCY MOD🕵


View Profile WWW
October 21, 2017, 05:44:02 PM
 #1

What is everyone's thoughts on the effect of the coming BTC fork on market trading? Do you think it will be worth it to buy into BTC to get BTCgold to sell? Looking for some opinions on this.

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June]✅[Tor]✈✈✈ ║───────────║ Wallet ➢ ✓ Windows  |  ✓ macOS  |  ✓ Linux
1714173837
Hero Member
*
Offline Offline

Posts: 1714173837

View Profile Personal Message (Offline)

Ignore
1714173837
Reply with quote  #2

1714173837
Report to moderator
1714173837
Hero Member
*
Offline Offline

Posts: 1714173837

View Profile Personal Message (Offline)

Ignore
1714173837
Reply with quote  #2

1714173837
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
neurotypical
Hero Member
*****
Offline Offline

Activity: 672
Merit: 502


View Profile
October 21, 2017, 05:59:11 PM
 #2

What is everyone's thoughts on the effect of the coming BTC fork on market trading? Do you think it will be worth it to buy into BTC to get BTCgold to sell? Looking for some opinions on this.

Well, free money is free money I guess... so yes, it's a good bet to get some, not because of BGold, mostly because it's 2 forks that are coming: BGold and segwit2x, so you will get 2 altcoins for the same amount of BTC you buy, then you dump BGold and segwit2x coins and get more BTC.

The problem with forks is always having to screw around with your cold storage and the drama that it brings if it's just an attack on bitcoin like segwit2x is.

If I wanted to speculate, I would buy both before the fork to receive the alts, and during the fork if there is a BTC dip.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!