Post
Topic
Board Altcoin Discussion
Re: Bitcoin gold: any potential?
by
CodyAlfaridzi
on 25/10/2017, 10:23:33 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?

It was just hype, or as you say "good marketing". Right now BTG is still overpriced in my opinion. It was hovering around 0.07-0.1 for a few days and I think that price was just crazy expensive. I sold my BTG futures yesterday as soon as I get it because of that reason. 0.01 BTC per BTG is still expensive. At 0.01 BTG is above altcoins like Tether, Stellar, and Waves that was actually had an innovation and a real use case. A clone of Bitcoin with another mining algorithm is just another trash.