Bitcoin Forum
November 11, 2024, 04:36:29 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Can someone summarize what BG1 and BG2 tokens on Bitfinex summarize...  (Read 253 times)
lukaexpl (OP)
Full Member
***
Offline Offline

Activity: 148
Merit: 106


View Profile
October 26, 2017, 11:06:02 AM
 #1

...and why are they valued at 5000$ and 134$ respectively at the present moment?
nl247
Full Member
***
Offline Offline

Activity: 518
Merit: 145


View Profile
October 26, 2017, 11:09:49 AM
 #2

BG1 is the incumbent Bitcoin blockchain while BG2 is Bitcoin Gold. A little research would have helped. You can view the following link for more information
https://www.bitfinex.com/posts/230
I believe that should explain further.
lukaexpl (OP)
Full Member
***
Offline Offline

Activity: 148
Merit: 106


View Profile
October 26, 2017, 01:32:36 PM
 #3

BG1 is the incumbent Bitcoin blockchain while BG2 is Bitcoin Gold. A little research would have helped. You can view the following link for more information
https://www.bitfinex.com/posts/230
I believe that should explain further.

I visited the page you mention and it didn't really illuminate the matter.

What does it mean that I can destroy my tokens? Why would I want to do that?

If Bitcoin is split into legacy chain i.e. BG1 and Bitcoin Gold i.e. BG2 why is the sum of BG1 + BG2 approx. 800$ short of price of BTC?
lukaexpl (OP)
Full Member
***
Offline Offline

Activity: 148
Merit: 106


View Profile
October 27, 2017, 06:50:12 AM
 #4

As I thought. Suddenly it is not so clear.
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!