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Author Topic: Can I trade my Bitcoin after confirmation of a fork?  (Read 160 times)
neridonk
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October 23, 2017, 05:09:45 PM
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I wonder if I can buy e.g altcoins Huh

I mean if I get BTG if i trade them away right after the fork
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October 23, 2017, 09:34:58 PM
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Bitcoin Gold supposedly has replay protection, so at least in theory, after 6 confirmation of block 491407, you should be able to spend Bitcoin from a Bitcoin address while keeping the Bitcoin Gold on that address.
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October 23, 2017, 10:48:19 PM
 #3

Yes of course, why you would not be able to do that? there is nothing that stops you from spending your bitcoins or just exchange them for bitcoin or to fiat.
I will do the same, once that my transaction gets the necessary confirmations i will sell them anyway, i will never trust in a forked coin and less in a Chinese one like bitcoin gold, we dont even know how much it will be worth, and how it will work, so it is worth zero for me.


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Getcoinsite
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October 24, 2017, 12:37:02 AM
 #4

I wonder if I can buy e.g altcoins Huh

I mean if I get BTG if i trade them away right after the fork
theres always a right time for bitcoin or any coin to trade.just be aware on how its moving so u wont regrets when you traded them into something

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October 24, 2017, 12:57:17 AM
 #5

Well yes, in theory, this can be done but the thing that people are scared of is that you're coins are going to lose enough value after the fork to not even make it worthwhile to even own Bitcoin at the time as the Bitcoin Gold isn't going to offset the losses to the Bitcoin. I think this was more of an issue during Bitcoin Cash or at least an issue that people thought that they would have during the time of uncertainty back then.

But yes, you can, in theory, make some money off of it and even though I think it's going to be a negligible amount of Bitcoin Gold you can still do as you please. Goodluck!

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