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Author Topic: Will Bitcoin Gold have a future?  (Read 21589 times)
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October 23, 2018, 04:56:41 PM
 #41

Each coin has a chance for the surviving but its future depends on the decision about this coin and its community that has a very strong impact on the coin.

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October 26, 2018, 04:52:36 PM
 #42

Each coin has a chance for the surviving but its future depends on the decision about this coin and its community that has a very strong impact on the coin.

Agree. The community would have a strong impact over the future of the coin. If it's widely supported by the community, and actively maintained by its developers, then there's no doubt that it will have a future. Even after being abandoned in development, Bitcoin Gold could still exist within crypto land if the community supports it. Just like Dogecoin, Bitcoin Gold could remain actively traded across the market but without real purpose or uses in life.

Until now, Bitcoin Gold has been keeping up with development compared with most cryptocurrencies that have been abandoned. With the recent implementation of an ASIC-resistant algorithm, Bitcoin Gold could continue to be mined by GPU miners. However, it would need to deliver true innovation to stand as a unique fork among many Bitcoin forks in existence to date.

Therefore, if all goes well, then Bitcoin Gold would have a bright future ahead of it. That would leave us with Bitcoin Cash and Bitcoin Gold as truly innovative Bitcoin forks that have real uses in the mainstream world. Just my thoughts Grin

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October 26, 2018, 07:53:45 PM
 #43

It will have a future only if Bitcoin launches to the moon again. All those forked coins starting with BCH are riding on Bitcoin's popularity. Without it they're nothing, but with it, with enough hype, they will find people willing to invest only because their name starts with Bitcoin and they're much cheaper. There's still people who think that Cheap coins pump higher percentage wise.
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October 26, 2018, 08:05:15 PM
 #44

It will have a future only if Bitcoin launches to the moon again. All those forked coins starting with BCH are riding on Bitcoin's popularity. Without it they're nothing, but with it, with enough hype, they will find people willing to invest only because their name starts with Bitcoin and they're much cheaper. There's still people who think that Cheap coins pump higher percentage wise.
If we consider Bitcoin as the leader of the cryptocurrency market, then all of its counterparts are one-time projects that cannot withstand the market trend.
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October 26, 2018, 08:07:05 PM
 #45

I think that every coin has chances to succeed. I am not sure about this one whether it will be more important than the standard btc, which is the leader. it seems to be that it will remain the main one
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October 26, 2018, 08:09:47 PM
 #46

I think that we will see which future it will have but now I am not sure that it will be more powerful than btc, which is the best one. Some people may think that the name gold is the same as btc but it is not
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October 30, 2018, 02:23:14 AM
 #47

It will have a future only if Bitcoin launches to the moon again. All those forked coins starting with BCH are riding on Bitcoin's popularity. Without it they're nothing, but with it, with enough hype, they will find people willing to invest only because their name starts with Bitcoin and they're much cheaper. There's still people who think that Cheap coins pump higher percentage wise.

Yes. Most of these forks are simply taking advantage of the Bitcoin name to bring confusion within newcomers into cryptocurrency. A good example of this is Bitcoin Cash, which is often referring itself as the original Bitcoin, causing big confusion to those who're starting in the world of cryptocurrencies. While I'd have to admit that Bitcoin Cash and Bitcoin Gold have their distinct visions, it's only a matter of time before they either succeed in the long term or fail altogether.

In the case of Bitcoin Gold, it seems that it's starting to distinguish itself from other forks by implementing an ASIC-resistant algorithm. Compared to Bitcoin Cash and the original Bitcoin, Bitcoin Gold can be easily mined with GPUs which gives it a fair advantage in terms of decentralization. While I haven't heard about any other development within BTG, it's nice to know that slowly but surely Bitcoin Gold is becoming a unique Bitcoin fork.

However, as you've said before, it'll rise in value if Bitcoin goes up again. Otherwise, its prices will remain stagnant compared with other cryptocurrencies in the market today. It just needs some promotion/marketing to keep it going for years to come. Therefore, the future of Bitcoin Gold will greatly depend on how people use it in the mainstream world without a doubt. Hopefully, it could remain actively traded in the market for a long time. Just my thoughts Grin

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October 30, 2018, 02:32:24 AM
 #48

Provided the team keeps being active and up with their development, the project will see good days of price surge.
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October 30, 2018, 02:47:12 AM
 #49

several times the movement of gold bitcoin shows quite well in the market. This indicates that the altcoin is starting to indicate their earnestness to continue to flourish. investing in it is not be a mistake because of the potential he has. at least bitcoin gold already had a pretty good team as capital to expand.

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November 01, 2018, 04:31:02 PM
 #50

There is nothing that is stopping the coin from having a good future so I do not see any reason why the coin is not going to have a good future, as long as the team behind the coin keeps working to make sure that the coin stays in tune with the market and the coin can be able to evolve to the needs of people then I do not see why it won't have a future

 
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November 01, 2018, 05:19:49 PM
 #51

Until now, this coin has not shown itself as its older brother, Bitcoin. And while it is not visible due to what it can develop. However, there are many cases when we do not expect, and the cryptocurrency takes off.

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November 01, 2018, 05:36:42 PM
 #52

I like the idea of bitcoin gold, but its funny that they don't have their mining program or at least participate in developing other mining programs. They are relying on others to adjust claymore, lolminer and others and no real support when things go bad at all!
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November 01, 2018, 08:54:57 PM
 #53

Sure it does. But again, in what sense. Now it is the oldest coin. But it does not prevent him to grow in price and demand is not falling.


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November 02, 2018, 07:34:40 PM
 #54

Until now, this coin has not shown itself as its older brother, Bitcoin. And while it is not visible due to what it can develop. However, there are many cases when we do not expect, and the cryptocurrency takes off.

Exactly. Right now, Bitcoin Gold is not known among many people in the mainstream world. Its slow development and innovation makes it hard to distinguish itself from the original Bitcoin. Also, lack of marketing/promotion plays a huge effect over the cryptocurrency's future. As a result of the recent bear market, BTG prices have been incredibly low. However, it could take off when we least expect it, since many altcoins (if not all) in existence, heavily depend on Bitcoin's price surge to grow.

The way I see it, is that Bitcoin Gold will grow over time, as the original Bitcoin expands in value and popularity. However, it may not take off on its own unless it delivers something unique to the mainstream world. If it's able to distance itself as much as possible from Bitcoin, it'll be better as it would have its own identity within crypto land.

Nevertheless, Bitcoin Gold might have a future after all if it remains solid in development, innovation, and most of all, marketing/promotion to spread its usage worldwide. Just my thoughts Grin

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November 02, 2018, 07:39:57 PM
 #55

I did not hear about it yet. If it is new coin, I don't think, that it has a good nearly future, you know. It's so hard way for any cryptocurrency to be good.

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November 02, 2018, 07:45:41 PM
 #56

Bitcoin Gold seems to have a solid development team, as it has managed to quickly implement an ASIC-resistant algorithm after the release of Bitmain's miners for Equihash. If it remains a GPU-only mineable coin, then it would be much more decentralized in the mining process than both Bitcoin and Bitcoin Cash. However, its success will only depend on the level of adoption it would experience in the mainstream world.

Considering that it has all the same features as Bitcoin, with the differences being an ASIC-resistant algorithm and better privacy, it could be well worth the investment after all.

Nonetheless, do you think Bitcoin Gold (BTG) will have a future or not? Smiley

As you said bitcoin gold have a solid team with the helping of that's solid team and continue to develop BTG become strong altcoins in the coinmarket and hope more investors can buy btg increase of demands it's helpful to increase their pirice at the marketplace.
BTG is very useful and it can makevthe future into brighter one and have a stabke life. Well many bitcoiner wnated to have BTG because it can guarantee a high particular future but not eceryone can get as easy as they have right now. In the counmarket is it also in demand yet success too.
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November 03, 2018, 04:25:25 AM
 #57

Among Bitcoin's forked coins, only Bitcoin cash is the most futuristic. Others have no strength, except Bitcoin cash or other coins are bad investment products.

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November 03, 2018, 06:12:03 PM
 #58

The development perspective of Bitcoin Gold is difficult to assess, this is an innovation on the market and only after some time it will be possible to understand whether this project is worthy.       
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November 07, 2018, 01:09:45 AM
 #59

Among Bitcoin's forked coins, only Bitcoin cash is the most futuristic. Others have no strength, except Bitcoin cash or other coins are bad investment products.

You do have a point there, mate. However, I believe that time will tell us whenever a good fork could come out of Bitcoin or not. AFAIK, Bitcoin Cash is the most widely developed Bitcoin fork in existence despite being criticized by many. It has a lot of supporters, and although it's more centralized than the original Bitcoin, it has survived for more than a year since launch. In the case of Bitcoin Gold, it seemed to many as another Bitcoin fork as it didn't provide something unique for the mainstream world.

However, with the implementation of an ASIC-resistant algorithm, that has changed as miners prefer to mine Bitcoin Gold over Bitcoin Cash or Bitcoin, due to its high accessibility with the use of GPUs. This doesn't mean that BTG has a future though, since what determines this is if the same is widely adopted by people in the mainstream world. Considering how many altcoins have emerged with greater tech, and features, it'll be doubtful if Bitcoin Gold could ever have a future.

Nevertheless, the market will react over time as people abandon certain altcoins to take the next big thing. If BTG proves to be solid in development and innovation, then it will last. Otherwise, it'll be the end of it as we know it. Just my opinion Smiley

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lutfi-hasan
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November 07, 2018, 02:11:00 AM
 #60

I think Bitcoin gold is a former hardfork Bitcoin, just like Bitcoin cash created from Bitcoin fork, so the future of bitcoin gold I think will be good as time goes on and also along with the increase in Bitcoin prices in the exchange market. Because all coins if they have risen from adversity there will be an increase, that is the game.
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