Post
Topic
Board Altcoin Discussion
Re: Bitcoin gold: any potential?
by
btcney
on 25/10/2017, 09:53:28 UTC
I’ve been following the announcements surrounding the Bitcoin Gold launch, and it seemed full of expectations (PoW, mining hardware etc...) or it was just good marketing. Anyway, when looking at the prices this morning, it didn’t look that bright: https://coinmarketcap.com/currencies/bitcoin-gold/
Besides, looks like security and protection were not the best.

Then, I wonder if SegWit2X will be implemented and if other forks make sense. Looks almost like making money just with air...

What do you think?

In my opinion this fork makes no sense at all.

Apart from the few people that are interested in actually holding this coin, nobody else is generating demand at the moment. As you can see on the charts, it is down around 60% from the time that it actually got listed.

Not a good sign, unless they come out and actually do something creative, the price is going to keep plummeting.