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davecrypto (OP)
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October 23, 2017, 12:07:40 AM |
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Hi,
Let's say I have 1 BTC on my Electrum wallet.
On 25th of October, the fork will happen.
So I will get 1BTC and 1 BTG on my Electrum privatekey.
What if I transfer my 1BTC right after the fork to an exchange and cash it out to EUR?
Will the 1 BTG still stay on my Electrum privatekey or will it be transfered / lost?
...or do I need to wait till the first BTG Wallet is released on 1st November?
How will I get BTG the fastest way? ...I really don't want to wait till BTC and BTG drumps and lose money.
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Angelia46
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Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
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October 23, 2017, 04:08:31 AM |
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I also want to know this question, I am not very clear, someone told what Mody？
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VanDeinsberg12
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October 23, 2017, 05:08:54 AM |
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Hi,
Let's say I have 1 BTC on my Electrum wallet.
On 25th of October, the fork will happen.
So I will get 1BTC and 1 BTG on my Electrum privatekey.
What if I transfer my 1BTC right after the fork to an exchange and cash it out to EUR?
Will the 1 BTG still stay on my Electrum privatekey or will it be transfered / lost?
...or do I need to wait till the first BTG Wallet is released on 1st November?
How will I get BTG the fastest way? ...I really don't want to wait till BTC and BTG drumps and lose money.
The first for each bitcoin you will get around 10 - 11 bitcoin gold. If you are wanna selling your bitcoin gold as fast as possible and just try to put your bitcoin in the exchange site that will try to distribute the bitcoin gold to the users. Because you are not able to trans your amount of bitcoin gold into the exchange site until the network of the bitcoin gold itself will be alive. The best way for you to convert your bitcoin gold into the fiat pair through sell your bitcoin gold for bitcoin. |
| .......[url]CHOOSE LIFE ♦ CHOOSE SPACE ♦ CHOOSE FRIENDS...........[URL].....► C O M I N G S O O N..... |
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davecrypto (OP)
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October 24, 2017, 12:36:56 AM |
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...but what if I have 1 BTC in my wallet and want to cashout the BTC to EUR right after the fork, because I think price will drop right after fork.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
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Hueristic
Legendary
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Merit: 4906
Doomed to see the future and unable to prevent it
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October 24, 2017, 01:53:25 AM |
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...but what if I have 1 BTC in my wallet and want to cashout the BTC to EUR right after the fork, because I think price will drop right after fork.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Are you confusing the segwit 2x fork with the Bitcoin gold scam snapshot? You will never get to sell that gold crap before the devs dump the premine. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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DigitalLemming
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October 24, 2017, 01:55:43 AM |
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I think most people are trying to time it like this and It's the reason why it won't work. Unless you get it right on the button whales are going to be able to dump much faster than you.
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Coenlogan
Newbie
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October 24, 2017, 02:02:57 AM |
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FYI the fork just happened, the block is reached.
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Hueristic
Legendary
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Activity: 3808
Merit: 4906
Doomed to see the future and unable to prevent it
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October 24, 2017, 02:05:49 AM |
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FYI the fork just happened, the block is reached.
ITS not a FUCKING FORK! Jesus you people are retarded. I think you should all go and Buy that gold shit. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Yaunfitda
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October 24, 2017, 02:27:47 AM |
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Hi,
Let's say I have 1 BTC on my Electrum wallet.
On 25th of October, the fork will happen.
So I will get 1BTC and 1 BTG on my Electrum privatekey.
What if I transfer my 1BTC right after the fork to an exchange and cash it out to EUR?
Will the 1 BTG still stay on my Electrum privatekey or will it be transfered / lost?
...or do I need to wait till the first BTG Wallet is released on 1st November?
How will I get BTG the fastest way? ...I really don't want to wait till BTC and BTG drumps and lose money.
Electrum wallet does not support BTG if I'm not mistaken. I suggest just hold on your BTC on you Electrum and wait for a suitable wallet that will support BTG. Just be careful about BTG wallet though, there will be tons of scam and phishing incident to take advantage of the free coins. This has happened to BCC before. Let this be a lesson learned. Don't hurry to get your free coins, although it will lost its value if you will have to wait, however, its safe rather than rushing things and losing your BTC to sophisticated phishing and scam claiming to help you claim BTG but instead stole your BTC. Be careful. |
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Crypington
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October 24, 2017, 02:30:27 AM |
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I thought I had read that the BTG coins would not be available until October 30... I'm not sure why.
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hoangsang2403
Newbie
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Activity: 10
Merit: 0
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October 24, 2017, 03:22:45 AM |
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People do not exactly answer the toppic question. They ask that after 25/10 we sell bitcoin for money. So in November we will still receive bitcoin gold or keep bitcoin until November
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Phalo
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October 24, 2017, 03:26:26 AM |
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I think it will be available as soon as the blocks that it was supposed to fork at have passed. Now what I am interested in, what happened to the conspiracy that the fork had already happened. I just don't understand how one can premine a coin that has not forked yet? I hope someone can answer me on this one. This fork is confusing.
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Argoo
Full Member
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Activity: 2268
Merit: 225
#SWGT PRE-SALE IS LIVE
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October 24, 2017, 03:59:18 AM |
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If you want to get rid of your bitcoin gold, the Yobit exchange has already started trading bitcoin gold before the official fork part at a price of $ 460. True, the exchange made this opportunity for its customers, who at that time were trading bitcoin at the exchange. If you want to sell bitcoin yourself, then I think that after the bitcoin of gold appears in your wallet, you can do it already. At that time they will not be connected to each other.
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thepo1m
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October 24, 2017, 04:02:16 AM |
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...but what if I have 1 BTC in my wallet and want to cashout the BTC to EUR right after the fork, because I think price will drop right after fork.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Bitcoin Gold is not a fork of Bitcoin, what the developer did was to take a snapshot of the blockchain and credit the account with equivalent BCG coins, so you are free to sell your BTC after the snapshot has been taking |
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1269l
Newbie
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Activity: 2
Merit: 0
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October 24, 2017, 04:02:38 AM |
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I think BTG is less valuable than ETG!
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mantoo1
Member
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Activity: 624
Merit: 10
New To The Crypto World
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October 24, 2017, 04:05:12 AM |
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Well it is very happy to see that the BTG is start trading on the yobit and the users having it already get some good profits in the first day trading, i hope that this can continue to work more and the price may boost more in near future.
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stadus
Legendary
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Activity: 3094
Merit: 1292
Hhampuz for Campaign management
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October 24, 2017, 04:33:58 AM |
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I guess you can sell everything if your account were credited with btg, I put my bitcoins in bittrex so I am hoping they'll credit it now.
What I will do is very simple, I will have to take advantage of the price now, I will sell this free money and buy cheap alts with the proceeds I can get.
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btc-facebook
Legendary
Offline
Activity: 1862
Merit: 1015
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October 24, 2017, 04:37:43 AM |
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I got BCH from local exchanger because I safe some btc on it.
Since my local exchanger also announce that they will able generate upcoming BTG just like BCH , so I just keep some btc for some BTG.
Unfortunately my local exchanger can't guarantee whenever they provide BTG trading or not until further notice !
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RoommateAgreement
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October 24, 2017, 04:38:20 AM |
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...but what if I have 1 BTC in my wallet and want to cashout the BTC to EUR right after the fork, because I think price will drop right after fork.
Where will my BTG be then? ...will they stay on the Electrum wallet (where 0 BTC are), or will they be lost after I move the BTC to lets say kraken exchange to cash it out?
I only want to cashout the BTC right after the fork. ...and the BTG when it is possible to do so on an exchange.
Are you confusing the segwit 2x fork with the Bitcoin gold scam snapshot? You will never get to sell that gold crap before the devs dump the premine. you could sell it way before them if you acted fast and also were willing to leave some coins on exchanges. i did sell a good amount of BTG on Yobit last day at the highest price possible a little less than 0.19 BTC per coin. and devs have not yet gotten their premine to start thinking about dumping it. besides, from what i have read BTG premine will have a locked mechanism that prevents the devs from selling the coins right away. it is not set though. much like replay protection and 10 other things  |
Buying the dip...
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davecrypto (OP)
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October 24, 2017, 09:51:24 AM |
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well I appreciate your answers. but nobody was able to answer my question. I try it again:
The snapshot already happened. I have 1 BTC in my Electrum wallet.
So that means I have 1 BTC and also BTG on my Electrum wallet private key.
If I transfer my BTC now to an exhange like Kraken, buy other currencies or cash it out, WILL THE BTG STILL STAY ON THE Electrum wallet private key or will it move/lost?
THX
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