Monero Gold: A bad taste?

[Mpamaegbu]

Listed barely a few days ago on the CMC and coinexchange, Monero Gold (XMRG) has finally disappeared from the exchange in what looks like a massive dump as the coin has plunged beyond control. Is this another scamming ICO?

[1714822728]

1714822728

[rommelzkie]

Yes monero gold is a true scam.

they used a simple trick

Monero gold runs on ERC20 Token (Ethereum Smart Contract)   <---- Monero has its own blockchain. it doesnt need to run on ERC20 ETH smart contract.

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This is a legit monero hardfork https://monerov.org/

at block 1529810

[mahamuda]

what about monero and monerov? have you heard about them?

[tsaroz]

what about monero and monerov? have you heard about them?

Monerov is a finite fork of monero. Everything principle of both the coins are just the same, the mining process and transactions but the two coins would split on block 1529810.

[sltshp]

Monero Gold seems kinda sketchy to be honest, I personally would stay away from it. Please do your due dilligence before investing...

[Mpamaegbu]

Yes monero gold is a true scam.

they used a simple trick

Monero gold runs on ERC20 Token (Ethereum Smart Contract)   <---- Monero has its own blockchain. it doesnt need to run on ERC20 ETH smart contract.

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This is a legit monero hardfork https://monerov.org/

at block 1529810

Thanks for the link. I am now on the telegram group waiting for the airdrop. But how does a forked coin give out 1:10? Isn't fork supposed to be an equal split that must have the same total supply? Again, how do forked coins get the extra coins they distribute as airdrops since those holding the old coin are going to get the same quantity in the new coin? Where do the airdrops come from?

[Kolokoy]

Listed barely a few days ago on the CMC and coinexchange, Monero Gold (XMRG) has finally disappeared from the exchange in what looks like a massive dump as the coin has plunged beyond control. Is this another scamming ICO?

I invested Monero Gold yesterday as I saw it in CMC's top gainers and losers.
I pulled out $500 out of my Tether Stash and hit buy Monero Gold XMRG right away.
I know it will soon pump so I could start trading and see how this Monero fork would be in the next few months from now.
I'm an investor so I really care to invest any amount to taste this new forks.

[monergo]

This is a legit monero hardfork https://monerov.org/

at block 1529810

Thanks for the link. I am now on the telegram group waiting for the airdrop. But how does a forked coin give out 1:10? Isn't fork supposed to be an equal split that must have the same total supply? Again, how do forked coins get the extra coins they distribute as airdrops since those holding the old coin are going to get the same quantity in the new coin? Where do the airdrops come from?

I'm no expert but from what they say they are going to move a decimal point to affect all of the blockchain.
It seems like this is tricky and they will need to address a 'bignum' change (versus intereger) soonafter.

[5thFear]

I have few monero gold.. what should i do with them ? i mean should i keep them or try to dump them ?