Warning about Bitcoin Gold - already forked and 200 000 coins pre-mined!

in #bitcoin7 years ago (edited)

Hey guys,

I want to keep it short. This is a warning to all credulous people who awaiting the next fork of Bitcoin, and/or think about investing money into it: Bitcoin Gold ($BTG), officially announced for Oct. 25th.


btcgold.png

While unknowingly users now waiting for the 25th, today this Reddit-post at r/Bitcoinmarkets was published. It delivers substantive proofs that this fork already happened unnoticed at Oct. 1st, at block height 487427! Furthermore it seems that the BTG devs meanwhile have pre-mined 16 000 blocks, this equates to the huge amount of 200 000 BTG coins!

Today we can see what happened to Bitcoin Cash, which had at least a few positive projections - it losts up to 18% of its value. So I hope that anyone could imagine what happens to Bitcoin Gold as soon as it is tradable - a BTC fork that apparently hasn't any advantages compared to the original coin (out of my sight, even the "mining Bitcoin Gold via GPU" feature isn't an advantage, as long as this coin is absolutely useless in every other sense)?

So for the moment it seems to be obvious that the only purpose of this Bitcoin fork is to enrich it's "devs" in shortest time. Sure, it's primarily a free coin for all BTC holders, but you really should think twice if you want to invest additional money into this strange Bitcoin fork.

Just my 2 cents - be careful here.
Sorry for my rookie english.

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Thanks to this fork my alts value has gone crashing down. Just waiting for that rise again now when BTC Gold profits are used to buy back alts.

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