Bitcoin Gold and Poloniex

[guesswho1234]

Basically last time everybody borrowed BTC on polo to get BCH. Right now their BTC lending rate isn't 5% (like last time) so most likely they will not honour it.

you are misunderstanding me as well. i am NOT talking about lending btc. i have btc as collateral on my margin account.

i want to know it makes a difference if i have the btc on margin lending or exchange account

[SteelYinzer]

BTC that was used as collateral on the margin account at the time of the BCH fork also received the equivalent amount of BCH.  Check your Deposit balance and it should also be listing your total BTC, which includes the BTC you're using as collateral!

[legendbtc]

Even both the Poloniex and Bittrex didn't announce anything about Bitcoin Gold whether they are supporting or not. But I hear the news from Yobit they are supporting Bitcoin Gold.

[multinova]

Is there any official news out from poloniex regarding bitcoin gold?
When i do a google search i arrive on this page

[draqsoru]

Even both the Poloniex and Bittrex didn't announce anything about Bitcoin Gold whether they are supporting or not. But I hear the news from Yobit they are supporting Bitcoin Gold.

https://support.bittrex.com/hc/en-us/articles/115002320451-Statement-on-Bitcoin-Gold-BTG-
If you have a Bitcoin (BTC) balance on Bittrex during the BTG snapshot block 491,407 occurring approximately on October 23, 11pm PT (6am UTC), you will be additionally credited the equivalent amount of Bitcoin Gold (BTG) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BTG.

[babar123]

poloniex will steal our btg ?...

[hodler1293]

i doubt that would happen, there must be rules against it

[liuqi]

poloniex will steal our btg ?...

They are one of most trusted platform by the forum members why they need to steal your BTG. Actually they did not support the bitcoin gold for the bitcoin spllitted so for that reason you cannot say that bitcoin gold steal by them. If you are really concern to receive the bitcoin gold reward means go to save your bitcoins in bitrex or wallet coinbase. Both these sites gives the option for BTG reward.

[niko83]

does anyone know if it still counts if i have my bitcoins on my margin account as collateral on poloniex?

if i have x btc on margin do i get x btg as well (assuming they list it)?

i mean i am in posession of the bitcoins. they are just not on my exchange account but on the margin account instead.

No. You only temporarily possess but not own them, so the BTG should and will instead go the money's real owner who lend that BTC to you in the first place.

you misunderstood me

i am not talking about lended btc. im talking about my own margin account balance that i need to have to even begin margin trading.

so i transferred bitcoins from my exchange account to my margin account. those bitcoins now serve as collateral in case of a loss.

my question is if i need to put them back on my exchang account.

Right after posting that comment, I searched the web and realized I was totally wrong, anyway. This makes sense:


What if I have my Bitcoin on loan at the time of the fork?
If you have Bitcoin on loan at the time of the fork, you do not have it on balance and therefore you cannot receive corresponding Bitcoin Unlimited.

Why not?
When someone borrows coins, they typically borrow them to sell immediately on the spot market to counterparties who cannot possibly be aware that the coins they bought came from someone who borrowed them. Spot traders unambiguously own their purchases, and are the rightful recipients of the coins on the new chain and they can do with them what they like, whether that is selling them to others or taking them off of the platform entirely.

[Coinac]

Is it too late to move btc to a wallet and receive btg now?

[QuintLeo]

Bittrex offers ZERO support for BTG at this time.

 They apparently plan to change that once a viable BTG wallet finally shows up.

 It is too late to move BTC - the "snapshot" was October 23.

[Idrisu]

Will Poloniex support Bitcoin Gold ?

I will receive the same amount of BTC if I leave my BTC on Poloniex ?

were ever your coins is before the hardfork you are going to have the same unit of bitcoin gold as this scenario repeated itself during last time of bitcoin Cash splitting. Poloniex did not said they are going to support bitcoin Cash but at the end there went ahead and support it and I benefited from this splitting with some free bitcoin Cash coins and I seriously believe that poloniex is going to support bitcoin gold and if you live your coins there you are going to get your own share of the splitting coin.

[Mathiau]

Poloniex did honor BCH. If you had btc in polo you got the exact same bch few days after the fork.

Can't say i did, didn't get any BCH for my BTC i had in polo.

[babar123]

Poloniex did honor BCH. If you had btc in polo you got the exact same bch few days after the fork.

Can't say i did, didn't get any BCH for my BTC i had in polo.

so what is poloniex waiting for making a statement about btg, i wanna know when I get my btg

[zacharycebu]

crazy, their last statement on this issue was Oct24th

[hanskan]

Jaxx wallet will support BTCgold?

Probably, eventually - it took them like 2 months or even more to get BCH implemented, I got fed up and got my BCH from coinomi with private keys. Bunch of slowass wankers of there in Jaxx.

[mike4001]

crazy, their last statement on this issue was Oct24th

I am waiting for a statement any days now.

But they took their sweet time for Bitcoin Cash as well.

[babar123]

what the hell is poloniex waiting fdor giving out btg class action

[percy_tc]

what the hell is poloniex waiting fdor giving out btg class action

Becuase it is shady as f*ck.

[Oakey22]

It will come if they decide. And only if they decide