97% bitcoin gold crash should feel like a bad omen to you

[buternasek]

bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd,

this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies

honestly I prefer ETH than BTG, and all those who have chosen the BTG as its investments this year, they're investing with worst coins
 

[mk4]

bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd

Good. These crapforks (especially forks using the name "Bitcoin") need to dissapear completely from the market so that more money can flow back into BTC, or at least any other legit projects that are out there in the market looking for funds.

this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies

Wrong, next will be the rest of the unsuccesful forks.

Also, funny how you didn't even give an explanation as to why exactly forks dying will have any sort of real effect on Bitcoin. Do yourself a favour and take your stupidity someplace else.

the forks are side flyers of the bitcoin hype without them bitcoin could become an unfunny lonly cult, its main drivers are those huge miners that have own those huge mining facilities (like in iceland or china) they are the bitcoin whales that will invest into bitcoin advertisement.

How? It would be more beneficial for bitcoin if there was no forks, not the other way around. Remember that the Bitcoin Cash (BCH) fork separated a small(but significant) portion of bitcoin(BTC)'s community in to a separate community. I don't see how that's advantageous for bitcoin.

[Herbert2020]

that is why you never bag hold altcoins.
the shitcoins like bitcoin gold, bitcoin cash, ethereum, ripple, dash,... are always going to get dumped after each pump they have. it was not a "bad omen", it was the market being the market like always but newbies like you will always keep their heads in the sand while bag holding altcoins that lose value. and then you blame bitcoin because you were foolish enough to throw away your money on shitcoins instead of buying the only thing that has real value.
it is not our fault that you are losing money and we are not. we made better choices than you and never fell for the alt-ads. that's all.

[gorokill]

This happens because the emergence of Bitcoin gold occurs when bitcoin has a downtrend, if Bitcoin experiences an uptrend, I'm sure Bitcoin gold will also increase.
Bitcoin gold is one of the Bitcoin hardfork which has experienced a drastic decline and has not experienced good progress until now.

[audaciousbeing]

bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd,

this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies

Based on your submission, you are concluding that because BTG is facing this, the next is surely going to be bitcoin. On a light note bitcoin gold is the second most valuable fork after bitcoin cash which means there is still enough time before it will get to bitcoin itself so chill.

Now, you need to consider how bitcoin came about and other forks with the exception of BCH which has done quite well in which we know its due to some prominent factors behind it, others are free money which a lot of people are willing to dump. The reason for its fall to that point now and not earlier is because holders are thinking that the price would increase to the high point like BCH and when the market start crashing, its gradually turning to a myth that's the reason for the dump. But the down turn now is surely not permanent.

[DooMAD]

i think we will have to evolve centrally administrated cryptocurrencies.

You can "evolve" in that direction if you want, but count me out.  That's de-evolving in my book.  Go play with Ripple if you want some company in charge.  It's antithetical to our goal, so we don't have or want that and I don't think you're going to find much support for it here.

[keyboard7]

So, I have a question.. Why all the bashing of Bitcoin Gold? What have they done wrong?
A bad Oman?? I am curious as to everyones response as to why this is the worst coin ever.

[Pursuer]

that is what shitcoins do, you keep bag holding them and lose money as a result then come burst out here with your topics when you lose your money because of being a bag holder of some shitcoin. that is what happens to pump and dump altcoins. if you are so angry about this then stop buying them if you don't want to get dumped on.

[bitfocus]

I treat BTG just as another Altcoin, not Bitcoin, not even close to Bitcoin.

[keyboard7]

There is NOTHING wrong with BTG. To think , they have survived several 51% attacks, they are continuing to produce products.  From what I see, those who do nothing but bash and spread FUD. They are weak people, with nothing better to do.  I would like someone with a reasonable rational explanation for such negativity. If you come here and bash without a valid explanation, I will call you out on it.. In the end it will make you look even more stupid.
An open friendly discussion is welcome.

[Radio-Active]

bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd,

this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies

i think many has sold their bitcoin gold and buying bitcoin because you can see the btc value is not crashing like btg and other altcoins.
But i don't think the bitcoin itself will crash. If bitcoin could crash, it would crashed some years ago.

[o_e_l_e_o]

There is NOTHING wrong with BTG. To think , they have survived several 51% attacks, they are continuing to produce products.  From what I see, those who do nothing but bash and spread FUD. They are weak people, with nothing better to do.  I would like someone with a reasonable rational explanation for such negativity. If you come here and bash without a valid explanation, I will call you out on it.. In the end it will make you look even more stupid.
An open friendly discussion is welcome.

Found the bag holder.

Did you miss the part where BitcoinGold was created to be anti-ASIC, except it isn't? Or the double spend attacks? Or the 97% dump? It is a trash coin, soon to be gone forever, and rightly so.

[xanaxxx]

bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd,

this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies

it's not the first bitcoin fork. The first one is bitcoin cash, infamously represented by roger ver. This fork offers nothing extraordinary to community in my opinion, just hyped bitcoin code

[keyboard7]

Found the bag holder.

Did you miss the part where BitcoinGold was created to be anti-ASIC, except it isn't? Or the double spend attacks? Or the 97% dump? It is a trash coin, soon to be gone forever, and rightly so.
[/quote]

Thank you for posting this....

1 It is anti asic, the reason is that 144_5 takes 2.5 gb ram vs 700mb .
2. The double spend was the result of the exchanges only having 1 - 2 confirmations
3 . The dump was with all altcoins, not just BTG

Please tell me what has the team done wrong? So far none if what you have said has nothing to do with them.
If there is something I am missing , please let me know.

[Billgates710]

This does feel like a bad omen. But the market will recover. It always does. Instead of giving up, ti will be better if we remain calm.

[bitcoinhero777]

Times are tough in the market. And this post will make the investors lose heart. But it is important for us to remember that the market was in a bad state before too and it got out of it as well.

[vladaziya4]

The ethereum has very positive qualities that it can exalt, it can still be relied upon, even necessary. One of the best crypto. You had to wait for loss, again everything happens from the time. Business loves time, like profit itself, you should have suffered only 1 month-2 months.

[CryptoBry714]

Bitcoin gold is a fork of the original bitcoin and is a ‘shitcoin’ claimed by many. Since bitcoin is taking a downtrend, the other coins are falling too. Besides, any fork of bitcoin is total bullshit, even bitcoin cash. The ultimate winner will always be bitcoin. Instead of worrying about BTG you should concentrate buying cardano or ethereum.

[nikola22]

the only good fork of bitcoin was bitcoin cash. everything that appeared later isn't worth attention and investments.

[keyboard7]

Bitcoin Cash??? Really ? Really?  All they do is marketing, marketing, marketing.... THEY have no substance.