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Author Topic: Will Bitcoin Gold have a future?  (Read 21589 times)
Abiky (OP)
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August 17, 2018, 07:07:06 PM
 #1

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

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August 17, 2018, 08:37:13 PM
 #2

I didn't know they have already made their coin ASIC resistant which I think is a very good decision. As someone who used to mine BTG a short period of time in the past, I welcome this move. On the other side, being a bitcoin fork it's hard to predict anything about this coin's future. It needs something to stand out from the rest of altcoins to have a future. I see from their roadmap that they plan to introduce Schnorr Signatures, and improve privacy. All good moves in my opinion. 
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August 17, 2018, 09:18:42 PM
 #3

Of course one of the main thing that we can consider on as the team of enthusiasts which would be hardly pressing through to make the project right and working, so in your opinion bitcoin gold is having that it would be prospective.
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August 17, 2018, 09:30:24 PM
 #4

Soon Bitmain will conduct its ICO. Interestingly they will take Bitcoin Gold.

Cryptocurrency can significantly rise in price, after all new ASIC are necessary for earnings
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August 17, 2018, 09:37:25 PM
 #5

Of course one of the main thing that we can consider on as the team of enthusiasts which would be hardly pressing through to make the project right and working, so in your opinion bitcoin gold is having that it would be prospective.

For it to have a future must give a clear proof of being able to attract a much greater degree of hashing power or risks having an attack at any moment. It is the ASIC issue.

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August 17, 2018, 10:13:23 PM
 #6

Yeah initially i thought that btg is not a worthwhile project and even they had terrible bugs in their code at the start as well but it is really exciting to know that they have active developer team and now they are rolling out everything very smoothly, i wish them all the best and i think btg investors will benefit well in the coming months.

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August 17, 2018, 10:46:29 PM
 #7

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
I think all coins have a future especially for coins that are developed, it all depends on the market because basically the market conditions greatly affect the price of coins and even potential coins will become cheap when the market is like this so we just wait because there will be a time when everything will be fine

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August 17, 2018, 10:52:00 PM
 #8

Soon Bitmain will conduct its ICO. Interestingly they will take Bitcoin Gold.

Cryptocurrency can significantly rise in price, after all new ASIC are necessary for earnings
Lol jihan wu lost almost 1.5 billion dollars on the bitcoin cash and that's why they are conducting its ico. Bitcoin gold has implemented anti asic and it's more decentralized right now. But i have not seen any usefulness by use bitcoin gold at all. We have bitcoin and we don't need any other bitcoin fork coin.
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August 17, 2018, 10:57:11 PM
 #9

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.

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August 17, 2018, 10:59:23 PM
 #10

I believe Bitcoin Gold can survive, because in my opinion Bitcoin Gold is one of the top cryptocurrency so that it can survive anytime and Bitcoin Gold price will increases high in the future.

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August 17, 2018, 11:29:27 PM
 #11

Well, I think BTG has very good potential if we buy it now and we have to remember how much the best BTG coins are and see the current price and so far there is no big pump on BTG, of course it makes us think whether this coin has the potential big if we hold it from now.
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August 17, 2018, 11:37:12 PM
 #12

BTC gold is yet another alt.Do you know how many coins was released what are bitcoin fork in fact.In that cases there was not all that noise.there was time when alts based on bitcoin chain were released one by one now we have ico's much more easy to do and much more profitable

 
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August 18, 2018, 12:10:01 AM
 #13

From how I look at BTG it's just a forked coin, it won't have a good future as the majority of the crypto users will continue to use Bitcoin over Bitcoin Gold or any forked coin. There's no reason to have Bitcoin Gold except for trading. Also i've heard that BTG suffered some double spending problems few months back and the price of BTG is regressing when you look at the price chart it started trading at $300+ and now it's at $20.

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August 18, 2018, 09:21:49 PM
 #14

I didn't know they have already made their coin ASIC resistant which I think is a very good decision. As someone who used to mine BTG a short period of time in the past, I welcome this move. On the other side, being a bitcoin fork it's hard to predict anything about this coin's future. It needs something to stand out from the rest of altcoins to have a future. I see from their roadmap that they plan to introduce Schnorr Signatures, and improve privacy. All good moves in my opinion. 

That's certainly true, mate. Being a Bitcoin fork, it would need to provide innovation to stand among the rest of altcoins in existence. It seems that BTG will be a privacy-focused coin all along, since it will implement Schnorr Signatures in the future. The recent hard fork did make BTG ASIC-resistant to a unique algorithm called Equihash-BTG. It has more memory requirements which makes current ASICs released by Bitmain totally useless.

Surprisingly, this is one of the Bitcoin forks that it is quite undervalued, IMO. It's even better than Bitcoin Cash, since it can be mined with GPUs, and has strong privacy features like Zero-Knowledge Proofs. However, its price will depend whenever people have interest in acquiring the coin or not for years to come. Perhaps, with all that's coming in their roadmap, it could have a bright future after all. Just my thoughts Grin

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September 05, 2018, 09:56:13 PM
 #15

This is the fiurst time i will be reading that Bitcoin gold has made its ASIC-resistant algorithm, which will definitely give it a edge. This will also help it to secure a good future. I think with this, investing in it is a good decision.
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September 05, 2018, 10:05:13 PM
 #16

At first I was not very sure about BTG but after your post, I came to know that BTG has a clear project, so I think BTG has a future like Bitcoin or ETH, of course alcoint has their own weaknesses and strengths, only I know BTG the movement is slow, slowly but surely rises too,makes people not hesitate to invest in BTG.
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September 05, 2018, 10:32:14 PM
 #17

It's been delisted from Bittrex trading platform:

https://cointelegraph.com/news/why-bitcoin-gold-got-delisted-from-bittrex

And there's a lot of things going on with BTG which put in on bad light and recent double-spending attack may have been the worst that could happen to any coin. With that said, it will take some time for BTG to recover from such attacks so its very unclear what's the future for them.

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September 05, 2018, 10:40:02 PM
 #18

Regardless of how bitcoin Gold is performing in the market right now it is still one of the very top cryptocurrencies out there. I research the team a while back and they are legit and strong. The technology itself is great and it brings real innovation to the Blockchain and not just empty purposeless project.
I like bitcoin gold and it is one if the cryptos I am buying the dip on.
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September 05, 2018, 10:48:02 PM
 #19

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

If this is true :

Soon Bitmain will conduct its ICO. Interestingly they will take Bitcoin Gold.

.. then this alone will make BTG a worthwhile investment. Bitmain's adoption of Dash propelled it to the forefront of everyone's conscience. I wasn't even aware that the Darkcoin I heard of a couple years ago had rebranded into Dash and was turning so many heads like it did last year.


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September 14, 2018, 06:12:49 PM
 #20

Regardless of how bitcoin Gold is performing in the market right now it is still one of the very top cryptocurrencies out there. I research the team a while back and they are legit and strong. The technology itself is great and it brings real innovation to the Blockchain and not just empty purposeless project.
I like bitcoin gold and it is one if the cryptos I am buying the dip on.

Completely agree with you, mate. Bitcoin Gold will become one of those coins you wouldn't want to miss investing into since it has a lot of potential to grow into something big in the future. It has all the goodies of the original Bitcoin but with ASIC resistance, which makes it ideal to mine with GPUs. As this hardware is accessible to anyone (unlike ASICs), I'd have to say that Bitcoin Gold's mining process is much more decentralized than Bitcoin's.

It has great developers and a dedicated community, which could keep this project going for a couple of years from now. Of course, it's still undervalued and under the radar of many serious investors or traders in crypto land, but I believe that it's a hidden gem waiting to blossom at some point in the future. Therefore, it wouldn't hurt to grab a stake of BTG and hodl them for the future. Wink


If this is true :

Soon Bitmain will conduct its ICO. Interestingly they will take Bitcoin Gold.

.. then this alone will make BTG a worthwhile investment. Bitmain's adoption of Dash propelled it to the forefront of everyone's conscience. I wasn't even aware that the Darkcoin I heard of a couple years ago had rebranded into Dash and was turning so many heads like it did last year.

Exactly. Bitmain will bring free publicity to Bitcoin Gold, which will contribute towards its price and demand in the long term. That's what BTG needs, since it lacks marketing/promotion. By giving it a little boost, people could become aware of a Bitcoin alternative which could be easily mined with a GPU. Since most people have access to GPUs nowadays, it'll be easy to participate into BTG's consensus without spending a lot of money on ASIC hardware. This greatly contributes towards the decentralization of the cryptocurrency, which makes it a better option than Bitcoin, IMO.

Nonetheless, time will tell us what lies ahead with the longevity of Bitcoin Gold within the cryptocurrency market. Just my thoughts Grin

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