Alt Coin Sale Opening SoonsteemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

Bitcoin dominance of the cryptocurrency market stands at 49.8%. With the hardfork due on October 25th, will holders temporarily move their funds into Bitcoin to get the free Bitcoin Gold? If they do, expect a dip in altcoin prices and grab your favourites at bargain prices.

bitcoin cryptocurrency altcoins finance news
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    5 votes
    8
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    So this is the question I have been asking .. You move say $200 into bitcoin right? What amount of Bitcoin Gold will you receive and why is it not better to buy Bitcoin Gold once its forked a day or two thereafter and not but into bitcoin just before? Cheer$;)

    .aquaponics7.jpg

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  7 years ago 

      If all goes as planned you hold 1 Bitcoin on October 25th you will receive 1 Bitcoin Gold for free.

      I wasn't saying it is a bad thing to move into Bitcoin before the fork; I was saying that if a lot do then the price of other coins should reduce making it a potentially good time to invest.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        1 vote
        [-]
          ·  7 years ago 

        how will you just "receive" 1 free BTC gold? whos gonna give it to u? and will it just appear in your wallet?

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          [-]
            ·  7 years ago (edited)

          Ye ye i hear you mate .. so effectively if you hold 0.0034 bitcoin thats how much bitcoin gold you will receive right? See the thing is lets say I fractionally buy bitcoin now for arguments sake $100... I get 0.0034 bitcoin gold which may equate to only $14 maybe In my mind better to wait till after the fork and get Bitcoin Gold way cheaper is my thinking right here or not? I am not saying I am right I am essentially asking a question?? Cheers brother ;)

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00
            [-]
              ·  7 years ago 

            @craigcryptoking Yes, if u hold 0.0034 BTC you will also have 0.0034 Bitcoin Gold. I don't see your argument about waiting until after and buying Bitcoin Gold because you will get it for free.

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            $0.00
              1 vote
              [-]
                ·  7 years ago 

              Ye but if you hold no bitcoin you won't and buying bitcoin before the fork may be more expensive than buying bitcoin gold?? Cheer$;)

              Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

              • Disagreement on rewards
              • Fraud or plagiarism
              • Hate speech or trolling
              • Miscategorized content or spam

              Submit
              $0.00
                [-]
                  ·  7 years ago 

                @mrainp420 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

                        To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo

                Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                • Disagreement on rewards
                • Fraud or plagiarism
                • Hate speech or trolling
                • Miscategorized content or spam

                Submit
                $0.00
                  [-]
                    ·  7 years ago 

                  @nabes Essentially Bitcoin will split into two after the hard fork: Bitcoin and Bitcoin Gold. There will become multiple blockchains, one blockchain following one set of rules, one following another. These two chains share the beginning of their chains, but there is a distinct point in time where they diverge. If the transaction where you received bitcoins happened before that point in time where they diverged, then your coins will be in both chains, so no matter which one is eventually selected, you'll be on the 'winning' side.

                  Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                  • Disagreement on rewards
                  • Fraud or plagiarism
                  • Hate speech or trolling
                  • Miscategorized content or spam

                  Submit
                  $0.00
                    1 vote