Bitcoin Gold Price

[oturanbilboa]

I know a lot of people that didn't even know how to claim Bitcoin Gold. So circulating supply is much less than expected. Bitcoin Gold price can go anywhere whales want. I think it's too hard to guess the price movement.

[1714677718]

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[1714677718]

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[1714677718]

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[the rise]

Very lucky for traders who get it first time in yobit, the price is still good diangka 0.09 and have a good volume, I get BTG on hitbtc and it turns out the market price is in the range of 0.04. Currently the price is shrinking.

My question is whether BTG prices can go back up? As we know that the first period of BCH is the level of market panic that sells so much uncontrollably, I'm not sure BTG will have a price above the BCH.

[TwoSigm4]

Bitcoin gold seems will drop first
But it would rise bigger later.
At the beginning it may be of about 10% of BTC.

BTG has a chance to be distributed better than BTC

[Panda Trump]

You can't say what will be the price of something that doesnt exist still! Well, it could start as BCH started and then decrease, because people will start dumping it as soon as possible! Unless the price is already pumped up and starts ahead of $1000 then users might think of holding it and using it with trading profit!

"You can't say what will be the price of something that doesnt exist still!"
Incorrect. Multiple reasons invalidate this statement. One of which is the fact that I can say it, but it just has a low probability of being true.
And if I were to make a coin that is directly connected to USD, as you can turn 1 of this coin into 300 USD always, its price will always stay $300 and although it doesn't even exist yet, its price is predictable: $300.

"Well, it could start as BCH started and then decrease, because people will start dumping it as soon as possible!"

Most likely not true. For Bitcoin Cash, there was way more support, thus upping the price. For Bitcoin Gold, the support is REALLY close to zero.
Many exchanges have also made it clear that they will not support BTG, thus it's not strange to expect a lower starting price for BTG.

I agree that people will probably start dumping it as soon as possible. I will hold it, just like I did with Bitcoin Cash at the time, in the hopes of it growing large and me getting a nice profit, but I fear the same: It will drop very hard, even harder than Bitcoin Cash, simply because of its lower support.
I really hope that people will just hold it and people really want to buy it so we can earn some extra profit on it though... But probably not.

"Unless the price is already pumped up and start ahead of $1000 then users might think of holding it and using it with trading profit!"

Yeah, we can fantasize, but that's just a waste of time in my opinion. It won't be starting ahead of $1000 and if it will, people will definitely be selling all they got of it and it would drop REALLY hard.
I feel like it would making people sell it, not hold it. If you can claim an extra $1000/coin, why would you risk holding something that has low support anyways?

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By the way... Do you always end your sentences with exclamation marks?
I don't find it very annoying or harmful, but it's just weird...  Maybe try learning how to use punctuation properly...

Regards,
Trump

[olumyd]

Bitcoin gold seems will drop first
But it would rise bigger later.
At the beginning it may be of about 10% of BTC.

BTG has a chance to be distributed better than BTC

That's quite a speculation.

[dg2010]

Today, Bitcoin gold price has fallen down from $479 to $136. It's really a dumping. If anyone trusts in Bitcoin gold, this is a good time to buy. Hope that its price will recover soon.  

[badakjawa]

What do you guys think the price will be? Its name suggests that it will be expensive, yet its mining is GPU, so I expect it to be way cheaper than BTC itself.
I am not sure if it will be around the ETH price though. Some suggest that it will start off around 50 USD due to people selling as soon as they get it, but I am not sure.
Opinions, please?

We can not predict the price before BITCOIN GOLD trade on market,just patience and wait before or after 1 November, I think It's actually premined and not have Reply protection,So I don't like this coin trade on market

[scattypatty]

Pump to 0.15 at least, then a slow downtrend. I would assume the graph will look similar to Bitcoin Cash. These forks are just confusing regular people and making them avoid cryptocurrencies in general.

Today, Bitcoin gold price has fallen down from $479 to $136. It's really a dumping. If anyone trusts in Bitcoin gold, this is a good time to buy. Hope that its price will recover soon. 

That is an IOU token, I wouldn't pay attention to any price listed until Nov 1st.

[Theizestooke]

What do you guys think the price will be? Its name suggests that it will be expensive, yet its mining is GPU, so I expect it to be way cheaper than BTC itself.
I am not sure if it will be around the ETH price though. Some suggest that it will start off around 50 USD due to people selling as soon as they get it, but I am not sure.
Opinions, please?

price now about 100$ any may be need 1 Year to increase to 1000$

[bucksman5233]

It is dropping hard but this is expected from a coin like Bitcoin gold which was created out of thin year. This may rise a bit and dump further. I think the exact same thing might happen with the upcoming B2X fork. Currently it is trading well over $1000 in bitfinix.

[Forward_Thinking]

Did they solve the spending problem for Bitcoin Gold yet? I don't remember the name for the problem.

[tosmartak]

I know a lot of people that didn't even know how to claim Bitcoin Gold. So circulating supply is much less than expected. Bitcoin Gold price can go anywhere whales want. I think it's too hard to guess the price movement.

It apparently cannot go anywhere whale wants as i doubt if whales will ever want to support a shitcoin. presently it is trading around $124 after dropping so bad from about $400, whereas most people have not even gotten ways to get theirs and dump it yet. It is already dead and on coinmarket cap, it is 945th rank. How worst can it get for this coin?

[BTCGOLD]

Did they solve the spending problem for Bitcoin Gold yet? I don't remember the name for the problem.

I don't know where you live, but you should go out from this cave! There is no problem, and never was.

[bekareval]

BTG has not been doing great

Any idea when we can start mining this (hopefully get profits too after)

[arbitrage]

price now about 100$ any may be need 1 Year to increase to 1000$

This simple won't happen, it will go down almost instantly because of lack of support. I'm not convinced any if you have serious plans for keeping this coin in wallet for a years..

Any idea when we can start mining this (hopefully get profits too after)

Probably when they releases wallet. Do not expect too much from this one. Everything is up to whales, but i doubt that will have same support like BCH had. Maybe we can see usual pump and dump, but in a volume like BCH had.

Did they solve the spending problem for Bitcoin Gold yet? I don't remember the name for the problem.

I don't know where you live, but you should go out from this cave! There is no problem, and never was.

This is from Bittrex Statement on Bitcoin Gold

Bitcoin Gold does not currently have:

Fully formed consensus code
Implemented replay protection
Adequate code for testing and auditing
Publicly known code developers
Bitcoin Gold codebase also contains a private premine of 8,000 blocks (100,000 BTG). Please be aware that if a market does open there is a possibility of the developers selling their premined BTG on the open market.

Did they fixed this?

[ridertiger]

Really disappointing from a coin that has a great name.

[ChiNgadOr]

 definition of overhyped shitcoin:BTG..
 do you expected more?really¿? it has no future.. you will be a bagholder of nothing but dust in some time.
and for them talking about mining BTG?¿ did you know it was premined?

[arbitrage]

Really disappointing from a coin that has a great name.

Name is actually part of marketing try for better coverage.

definition of overhyped shitcoin:BTG..
 do you expected more?really¿? it has no future.. you will be a bagholder of nothing but dust in some time.
and for them talking about mining BTG?¿ did you know it was premined?

If you don't buy this you will not be affected at all. Those airdrops happening everyday and you won't lose nothing if you miss this one.

This is just waste of time and till November this won't have no value, just watch how YoBit gets profit from this dust.

[ridertiger]

It is already back up to 151 USD. So, I am thinking it won't be lost in the dark soon

price now about 100$ any may be need 1 Year to increase to 1000$

This simple won't happen, it will go down almost instantly because of lack of support. I'm not convinced any if you have serious plans for keeping this coin in wallet for a years..

Any idea when we can start mining this (hopefully get profits too after)

Probably when they releases wallet. Do not expect too much from this one. Everything is up to whales, but i doubt that will have same support like BCH had. Maybe we can see usual pump and dump, but in a volume like BCH had.

Did they solve the spending problem for Bitcoin Gold yet? I don't remember the name for the problem.

I don't know where you live, but you should go out from this cave! There is no problem, and never was.

This is from Bittrex Statement on Bitcoin Gold

Bitcoin Gold does not currently have:

Fully formed consensus code
Implemented replay protection
Adequate code for testing and auditing
Publicly known code developers
Bitcoin Gold codebase also contains a private premine of 8,000 blocks (100,000 BTG). Please be aware that if a market does open there is a possibility of the developers selling their premined BTG on the open market.

Did they fixed this?

[krypt0n1]

Update on bitcoin Gold to answer your question (though I do not support bitcoin gold in any way):

"Bitcoin Gold has implemented a solution called SIGHASH_FORK_ID reply protection. It is an effective 2-way protection mechanism that enforces a new algorith to calculate the hash of a transaction so that all new btc transactions will be invalid on the BTG blockchain and vice cersa. This makes replaying transactions impossible".