Bitcoin Gold Hardfork

in #bitcoin7 years ago

bitcoin hard fork.png

So another Bitcoin hard fork is looming.

Bitcoin gold is scheduled to be set in motion on October 25, then open on exchanges November 1.

What will this all mean? What will it do to the cryptocurrency marketplace in the lead-up to the fork and beyond? What to do, if anything with your current Bitcoin?

I for one am unsure and want to understand a little more.

I found these articles to contain some simple to understand and helpful information.

https://news.bitcoin.com/this-happens-to-your-coins-during-a-bitcoin-hard-fork-and-possible-blockchain-split/

https://bitcoin.org/en/glossary/hard-fork

What do you think? Please comment and discuss.

Cheers :)

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Thanks for the info. It seems like lots of alt coins are being dumped and pumped into BTC at the moment, presumably to get more BitcoinGold when it forks. I'm guessing the reverse will happen after the fork as the dropped price Alt coins are picked up again and high price BTC and new BitcoinGold sold off.

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