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RE: Do You Have Your Seat on the Bitcoin Rocket? Don't Worry About Bitcoin Gold.

in #bitcoin7 years ago

I doubt any reputable exchange will touch that thing with 10-foot pole. I believe Coinbase said it will not be listing it. Maybe some of the small, less-known exchanges may list it.

As for the BTG effect on the price of BTC: it will probably be a non-event. I think the current rally is driven by the ICO mania. Every time I re-load the coinmarket cap page, there's a different ICO popup advertisement.

I've seen so many over the past few days that I can't even recall the names of half of them, much less what they're about. Absolute madness!

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I havent looked into BTG much...what is the major drawback to it.

I feel it is a non-issue since it seems the BTC crowd cares nothing about forks. The developers seem hard at work staying on the BTC blockchain.

Drawback for me is the unnecessary inflation. They should just go start their own coin. It also causes a huge distraction.

I agree...it really is much ado about nothing. Just noise to me.

Many are questioning even the validity of the new coin. I think BTC marches on regardless of what BTG does. Most will take the free money, watch it run up a bit, then dump it.

By Dec 1, BTC will be back on its path towards $10K....Nov might see a hicccup because of all that is going on.

Totally agree with your points, no use jumping around, keep with what is already offering useful ideas trading into the market.

Let those who go on a wild goose chase, enjoy, I will sit tight, continue to grow passively.

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