Bitcoin gold a total scam?

redsfann

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Post by a well-respected person in crypto James Clayton:

"While I joke around about Bitcoin Gold, in all seriousness this looks like total garbage and a complete joke. Do not share your keys to get your Bitcoin Gold as you will most certainly get scammed. Do not trust the team behind it as they do not deserve any trust. The more I checked into it the worse it looks. Bitcoin Cash, while I hate it as well, had Roger Ver and the big blockers behind it, this looks like it just has some scammers behind it to me.

If you really want to get it you might even be safer just trusting an exchange like Bittrex, or at least move your BTC from your wallet before trying to claim it as once you do you are at potential risk. Looks like no replay protection, no code checked, different dates claimed for the snapshot, previous ICO for the project hidden, I would say this is straight up dangerous.

Given what I am seeing I am quite confident Bitcoin is going to drop after what I suspect will be a total disaster, and the real profit is just trading Bitcoin while others are chasing this fool's gold. If you are all in BTC because of Bitcoin Gold you better start doing your own research and doing it fast as you are about to get burned in my view.

If I am right I would expect BTC could drop down to perhaps 4200.00 USD, if I am wrong and Bitcoin Gold is legit, please share and show me why I am wrong, that is not what I am finding. Myself, I already bought Alts with the last of my BTC when it was about 6k. That is my strategy, I am not touching this crap with a barge pole."


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Trampled Underfoot

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Hoping the alts explode tomorrow. I think its tomorrow at 3am Pacific, after that BTC should start to fall.
 

redsfann

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Hoping the alts explode tomorrow. I think its tomorrow at 3am Pacific, after that BTC should start to fall.

It?s happening soon. Getting there a bit sooner than they guessed. Just have a few blocks left.
Hopefully the Alts start to rise soon after but only time will tell us what happens.


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Trampled Underfoot

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It?s happening soon. Getting there a bit sooner than they guessed. Just have a few blocks left.
Hopefully the Alts start to rise soon after but only time will tell us what happens.


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I just moved everything that was still in BTC out. Interesting to watch what happens tonight.
 

Snafu

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i don't know if it's scam or not, but, i doubt very much that scam this big and so ahead planned could happen and spoil bitcoins image. my bet is once to the moon and then forgotten, just like bch.


:shrug:
 

redsfann

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i don't know if it's scam or not, but, i doubt very much that scam this big and so ahead planned could happen and spoil bitcoins image. my bet is once to the moon and then forgotten, just like bch.


:shrug:

Looks as if the opposite happened. Straight to the basement once trading began.
Wonder if other exchanges will even bother to offer BTG to trade.
Coinbase stated they were going to take a wait and see approach to it so my guess is they will steer clear of the whole mess.
Interesting that have already decided to award segwit2x coins when that fork happens next month.
I have some BTC at Coinbase and will hold for this coin unless BTC gets above 6500.
I?m more concerned for the overall viability of the whole crypto space with all this infighting going on right now.



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Snafu

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agree, i was excepting this possible mooning after btg blockchain/mining is launched and coin is available to miners. at the moment i'm still very skeptical about this btg (still i bought some at $90) now trading at $113.
let's wait and see what happens

:0008
 
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