Correction: Fork is scheduled for Oct 25th, I spoke the wrong month.
Bitcoin gold is a proposed hard fork on the Bitcoin network that will change the proof of work algorithm to equihash. The main advantage of this is to break the reliance of bitcoin on ASIC mining and switch to GPU based mining. When the fork happens, this will cause a chain split, and all bitcoin wallets that have bitcoin prior to the split have both bitcoin and bitcoin gold (not bitcoin cash)
🤑 Buy Bitcoin: https://www.coinbase.com/join/590c3a1c8bfa31012ffacf87
💰 Secure your Crypto with Hardware Wallets:
Bitcoin : 13EvsPm3YhiCPGksQQdvQUFtsbF8FoU6Cz
As the solutions are implemented, the capitalization of the project will grow. Plus, all token holders will receive gocoin coins that will generate passive income. Directions at the platform Tokengo very much the conduct of proceedings ICO, voting, creation of its own cryptocurrency, financial payments, automatic registration, authentication and notarization. Issuance of the certificate. So investing now is a very good idea.
I’m so freaking pissed right now, I was looking into bitcoin gold after the crash in January/February. I was contemplating buying some at $95 but I read about it and a lot of people were bashing it for being a fork off of bitcoin so I chose to not invest in it. I wake up the next day and Bitcoin Gold shoots up 55% percent and is number 1 for positive change in the last 24 hours on coinmarketcap. Wtf......
Hello, I want to tell o the interesting project under the name TokenGo. This platform solves the majority of problems of people who want to construct the crypto business. There is a designer of ICO, a smart of contracts, own crypto exchange and it is not all advantages of this platform. For business tokenization this best decision with an excellent functionality.
I am totally binge watching your AWESOME videos!!! Thank you!!! And because I'm binge watching them and not seeing them when you originally posted them, the time context is difficult. I was thinking how helpful it would be to have the post date in the corner on the screen when the video is playing to put the information in context, for example when you say "in the upcoming year". I wouldn't have to stop the video to go see when you posted it for a reference point. Love love love!!! Thank you for all of this!!!
Bitcoin is in a very big stall and I can't explain it, which is why I Am stacking ETH, which is in a smooth upward climb. I even got out of LTC because they are down and sideways. Seems like LTC is reflecting BTC. I Am seriously researching B-Gold. This is my first stop. Read my blog at >>> http://ubfyou.blogspot.com/ <<< and join us in the Academy. We've got over 1,000 hours of ongoing research. We had smashing growth, until BTC stalled. I Am holding just one, out of LTC, into ETH and about 20 Alt coins. I Am pruning the portfolio to produce better results. Come on over and let's smash it together.
I'm new to Crypto currencies. I'm looking at Netcoin, Bitbar, Trollcoin, Devocoin, Paycon, WARP, Bitboost, Bubble and Birds. These all look and sound like quite interesting cryptos, but I don't know what they are and what I can buy with them. Any guidance?
21 million coins now becomes 42 million and 63 with bitcoin cash, even though bitcoin is still the flagship crypto coin can't help but feel it's not as scarce as it once was, just my opinion on it anyway
It's all POLITICAL. It's advertise to be for the PEOPLE, but the REAL DEAL is that it's an SECRET AVENUE to SMUGGLE LARGE AMOUNT OF FIATs into CRYPTO. But what the HELL...Everyone is making MONEY...so NO ONE CARES!!! WIN/WIN!!!
What is the point of this new currency while so many already exist? What is the advantage over Ether, litecoin, etc?
Getting money out of thin air does not make sense. Is it one of the reason for the present rise? Will the real bitcoin crash after the fork?
I like the less centralized mining too. I think it will allow regular folks all over the world to mine the coin and begin increasing the circulation of Bitcon Gold and it might become much more successful than Bitcoin Coin Cash.
Free market decides. Scam coins will fade. A few of the coins will stay based on the tech and dev capacity. Bitcoin gold is scammy. If you plan to sell after fork youll lose. Likely to open significantly lower then bitcoin cash (270)
The long term markets will tolerate forks less and less after this one.
Dk Filchev: Yes, it WAS the fake China ban that took down Bitcoin and maybe Jamie Demon of JP Morgan had something to do with it too. I think I'll wait then til it retraces to the 4100 to 4400 range. If I can save $500 per BTC that's good in my books. Dang! I've gotta stay in touch with you! Are you doing videos?
It makes no sense. Bitcoin is actually kinda usable and you have the spectrocard thingy.. For this bitcoin gold, there is literally no use besides people trading it and others hoping it goes up in value.. But does it add any value?
I believe Bitcoin Gold will not survive much and the value will be less than $100, as the majority of the hash power is in the Chinese hands, and they own Bitmain and may be 85% of the hash power worldwide
People dont get the mechanics of the btc gold. Its not the new protocol on bitcoin blockchain like it was with btc cash. But its bitcoins protocol split itself. Split of bitcoins value. If bitcoin will be 4400 then they will get for exapmle 3300 in bitcoin and 1100 in btc gold. There is no extra gains like it was with cash. Btc gold will support only gpu mining vs btc now mostly on asic miners. People will have choose which one from them is real and based on that ones value will grow, while the other will go down
My 2 cents - the BTG fork is more of a fail safe to the up comming segwit fork ! Think about it, why would you have 2 forks 5 days apart? The big mining companies will still have the monopoly but it will be more decentralized. That being said it does give the rest of society the ability to mine the balance of the 4.5 million btc out the 21 million. The big question is the segwit fork , if that doesn't go well then bitcoin Gold could be the new coin that continues to hold Satoshi Nakamoto vision into the future !
I am going to go make a website and make an announcement that I will fork BTC, and everyone will think what I say is true. I don't need to show proof, or give any other info. In fact! I will even remove the info which was previously there on my website. Are we in this space really this easy to convince?
I think that if they want to be successful, the Bitcoin GOLD team should hook up with a network of LBMA quality gold vaults around the world, do a soft fork, and say 1 Bitcoin Gold is = to 1 oz of GOLD.... Bitcoin Gold! Make a percentage of the mining profits go to pay the "storage fee account" so that the storage fees from the gold vaults are paid out of the "storage fee account". Similar to what DASH does to pay it's programmers and management team.
That way that holders of Bitcoin Gold don't have to worry about a loss of value due to fees (That's the problem with Anthem Gold coin). Anthem Gold coin is a good Idea with horrible implementation. It's a shame since Anthem does run some awesome LBMA vaults.
This would ensure (1)the immediate value and (2)desire for Bitcoin GOLD and probably push it to the top for preference in the Market over the original Bitcoin. Also they should limite the number of coins so that there is never more coins available thatn deliverable gold available in the vaults. Accoounting of this fact should be open and available on the Bitcoin GOLD blockchain.
Lastly, MAKE SURE the LBMA Vaults with take Bitcoin GOLD in exchange for PHYSICAL GOLD and make the gold deliverable to anywhere in the world.
I like the idea of BTCG. I don't like the equihash decision. I think they should have gone with multiple algorithms to allow for many types of hardware to mine the coin. Hopefully equihash is just the first of many algorithms to be supported.
Also, BTCG must turn its focus to privacy and security.
Right now BTC suffers from slow transaction times, and large block chain (150GB atm). Unless addressed, these problems will only grow.
suppose i have some btc in my wallet(exchanges site) then ,can i get bitcoin gold freely ?my question is if i hold btc in my wallet then will i get bitcoin gold of same ammount of btc on 25th oct? and my btc will be same as was it ?
Boxminer. You are great. I have so much respect for you. But the Bitconnect ads at the beginning of your channel are a turn off. You are advertising something that is so obviously a ponzu scheme or scam. Returns like that are not realistic. Please reconsider these ads, it’s bad for crypto.
+Boxmining Michael, I really appreciate your work. In particular, how you obviously strive to be an unbiased source of information for us all. It really helps a lot in this fast paced, contentious environment.
Rock on witcho bad self, kind sir.
Bitcoin is hard to predict and has a roller coaster history attached to the price. Mining has a lot of ups and downs too due to cost , price fluctuations and what not... Might as well bank on its volumes.... buy COSS coin, earn 50% revenue from dividends paid out from COSS exchange and profit from all the bitcoins and eth changing hands. Decentralized exchanges like COSS are the way to go.
Why bother with hardware mining...?
I’m confused. If bitcoin has no centralized governance, how does it fork? Who’s able to control the split of BTC? And does that mean it’s controlled by an entity? It already forked once. Now a second time?
How to become bitcoin trader? Exactly like Bitcoin, multiple digital currencies exist in the marketplace. So if you prefer to buy a few other currencies which aren`t available on Indian Exchange than you can utilize Bittrex. All you have to do is locate an exchange that you favor. Cryptocurrency exchanges have a massive potential to modify peoples minds and opinions concerning cryptocurrencies generally speaking and their application in actual life. So even in the event the exchange is attacked, its still true that you have your money. Furthermore, the exchanges prepare each and every industry for Bitcoin expansion. Existing stock exchanges will also compete to be able to fulfill the users configuration requirements. Sooner or later later on, the prices will grow more equal, meeting somewhere in the middleyour profit is equivalent to the quantity of convergence. No matter how far it is from Kijun, it is likely to return and test that level at some point. The amount of bitcoin is perpetually changing. In the US, it is 1000 USD. Whats even better, seek the services of a seasoned lawyer or at least ask for an in depth consultation. So youve read the newspaper about the meteoric growth of crypto currencies including Bitcoin or Ripple. Then coming up with 1000s of exchange rates simply to go out and get groceries is nearly impossible. Many cities around the world provide a bitcoin ATM where you are able to trade cash for bitcoin. The cryptocurrency world isn`t efficient.