Going for free Gold in Bitcoin style.

In less than one hour it's there. _BTG or BCG, it will be in the wallets that supports it. Initial price close to 400 USD. Bitcoin, BTC, looks to settle at a stable price, while Bcash, BCH, went into a dip. D...

8 years ago, comments: 6, votes: 37, reward: $2.32

In less than one hour it's there.

_BTG or BCG, it will be in the wallets that supports it.

Initial price close to 400 USD.

Bitcoin, BTC, looks to settle at a stable price, while Bcash, BCH, went into a dip. Dash made me feel a bit sorry, as that one might be the surprise Crypto of the day. The rest of the market looks like it is licking its wounds. And where two dogs fight over a bone the third will get it.

Might that be Bitcoin Gold? The last of the forking clones. As I do not expect more to come. There was a misunderstanding about Bitcoin Cash getting a blockchain split. But monday the 13th there is only a hardfork update for Bcash, BCH. Some adjustment for the difficulty algorithm. The blocks were mined to fast and that needs a correction.

Bitcoin Cash mining on hold.

Pools will temperarily move mining to Bitcoin, BTC, so.miners still will have an income. That might look a bit weird as Bcash, BCH, looks to have initiated a coupe. But part of the recent battle on the Bitcoin field was for a huge part caused by the Bitcoin SegWit 2X cancel. That would have created another forking clone.

But now the hardware update for Bcash, BCH, could not have been at a worse time. Will the developers prospone the update? In favour of the surprise market pump this might be a tactical choice to make. As Bcash might not want to lose most of the mining power to Bitcoin, BTC, right now. Risk of losing momentum, against BCH blocks being mined too fast.

Bitcoin Gold timing perfect?

Gone with the domination of the ASIC mining farms, that are moving Bitcoin BTC and BCH close to a central controlled system. Just watch the totak ASIC mining power switch over to Bitcoin, BTC, on monday the 13th. Bitcoin Gold makes this centrally controlled behaviour improbable to happen. It is all due to a different mining algorithm.

Equihash mining is out off the ASICs farms league. So BTG might be a game changer, that I did not see coming at first. It looks like Bitcoin Gold really can be decentralized, where GPU mining makes it possible. No expensive 9TH energy burning ASIC mining farms, but home computers with powerfull graphic cards. And maybe it could be done for a bit on a multicore CPU too.

Gold, my precious.

Only 15 minutes to countdown. And then my portion of BTG, Bitcoin Gold, will be in my wallet. Timing almost perfect, with their direct competitor Bcash its mining going down on monday the 13th, moving to Bitcoin mining. Some will be disappointed that the BCH hardfork is not a split with another set of free cryptos. That might be another dip for Bitcoin Cash.

Bitcoin Gold will have at least a day to set a competive price. The momentum is there and while two are fighting with their ASIC army farms, the people can equihash mine the new Bitcoin Gold version themselves again. My guess is that a lot will have their graphic cards ready to dig for Gold. The countdown has started, BTG is almost alive and kicking.

May the Cryptos be with us!


Bitcoin going for gold!
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