Ninjastic
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Topic
Board Altcoin Discussion
Re: Bitcoin gold fork
by
chip211
on 04/10/2017, 13:55:17 UTC
Quote from: YuginKadoya on October 04, 2017, 01:23:00 PM
Quote from: willmunte on October 04, 2017, 01:08:27 PM
Quote from: yhingsy on October 04, 2017, 12:57:13 PM
Hello,
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?

Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).

Thanks for any advice.
A lot of people expect this to happen because they can get extra BTC and I'm waiting for that to happen.

Not Extra BTC, but another dividend or Altcoin in circulation and I think you will receive a free Altcoins or BTG that you can surely trade prior to it's legalization and BTG is the first real Bitcoin dividend-coin because unlike Bcash and Segwit2X, BTG is friendly to Bitcoin they surely inform uninformed investor that it is another Altcoin in succession not like Bitcoin Cash or segwit2x that claiming the bitcoin name.

I really do not like this even though I can get another BTC in another form, but it would have a big impact on the BTC that could be a negative and that made me nervous.
It can be said that it is trying to eat according to the successor to create value for themselves.  The abuse of hard fork makes the crypto market so dilute.