The Bitcoin Thread

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i don't mine (just work at one). :p Seems to complicated for this old fart.
 
Dear Trader

As you may know, Altcoin Trader was the only Exchange in South Africa to issue their clients Bitcoin Cash in a timeous manner and thus enabled our customers to gain wealth in the process. We are now presented with another fork called Bitcoin Gold.

Bitcoin Gold will be issued to all Altcoin Trader clients who are holding Bitcoin at the time of the fork estimated 25th October 2017.The ratio will be 1:1 as it was with Bitcoin Cash.

There is no indication at this moment that Ledger or Trezor will make Bitcoin Gold available so now is the time to start moving coins to Altcoin Trader.

Altcoin Trader will also be launching Bitcoin Gold trading on our platform, so clients wishing to trade or sell their Bitcoin Gold will be able to do so. We will provide more details as and when events unfold.

Time to move your BTC :P
 
Just moved mine to Mycellium. Was easy enough through coinomi to get the bch, suppose bcg (??) will be the same process.
 
So I'm guessing I need to move my BTC out of Jaxx to an exchange that will give me bitcoin gold
 
Wait, if you hold your BTC on your hardware wallet, why how do you claim your new Bitcoin Gold? Sure it can't only be claimed if you leave it at an exchange? Doesn't sound safe
 
Guys...if you own Bitcoin on 25 October, you will hold an equal amount of Bitcoin Gold. No matter what kind of wallet or if indeed, you wrote down your private key in the sand on the beach.

Its a BLOCK CHAIN that is going to be split, ie, duplicated chain, ie all previous transactions (including the ones where you acquired your Bitcoins) are now being duplicated, there will be two exact copies of the Bitcoin blockchain. The milisecond the split happens the chains will go their separate ways and the first transaction after the split will cause the chains to no longer be duplicate copies.

Do I make myself clear? If I have to explain this to anybody again...so help me FSM!!! :p

Out of interest, I haven't claimed a single one of my Bitcoin Cash coins yet
 
YingYang said:
Guys...if you own Bitcoin on 25 October, you will hold an equal amount of Bitcoin Gold. No matter what kind of wallet or if indeed, you wrote down your private key in the sand on the beach.

Its a BLOCK CHAIN that is going to be split, ie, duplicated chain, ie all previous transactions (including the ones where you acquired your Bitcoins) are now being duplicated, there will be two exact copies of the Bitcoin blockchain. The milisecond the split happens the chains will go their separate ways and the first transaction after the split will cause the chains to no longer be duplicate copies.

Do I make myself clear? If I have to explain this to anybody again...so help me FSM!!! :p

Out of interest, I haven't claimed a single one of my Bitcoin Cash coins yet
Click to expand...
Cool. I use Luno, will my Bitcoin Gold reflect on my Luno account?
 
Pakka said:
Wait, if you hold your BTC on your hardware wallet, why how do you claim your new Bitcoin Gold? Sure it can't only be claimed if you leave it at an exchange? Doesn't sound safe
Click to expand...

If you are in charge of the private key you can claim it yourself.
If you leave it on an exchange you are dependent on the exchange to claim it since they are in charge of the private key
 
znh said:
If you are in charge of the private key you can claim it yourself.
If you leave it on an exchange you are dependent on the exchange to claim it since they are in charge of the private key
Click to expand...
What would the process be to claim tho?
 
YingYang said:
Guys...if you own Bitcoin on 25 October, you will hold an equal amount of Bitcoin Gold. No matter what kind of wallet or if indeed, you wrote down your private key in the sand on the beach.

Its a BLOCK CHAIN that is going to be split, ie, duplicated chain, ie all previous transactions (including the ones where you acquired your Bitcoins) are now being duplicated, there will be two exact copies of the Bitcoin blockchain. The milisecond the split happens the chains will go their separate ways and the first transaction after the split will cause the chains to no longer be duplicate copies.

Do I make myself clear? If I have to explain this to anybody again...so help me FSM!!! :p

Out of interest, I haven't claimed a single one of my Bitcoin Cash coins yet
Click to expand...

Sorry .... did not get that.....whata ma what now? :confused:

:crylaugh:

Eish .... hope Exodus makes it easy to claim as they did BCH. Pitty you cant hold it in Exodus after you have claimed it though. Have to transfer it to a compatible wallet. Urg.
 
Pakka said:
What would the process be to claim tho?
Click to expand...
If they don't allow you to claim, you have two options.
A, move your bitcoin to a service which does allow you to claim.
B, if your using Exodus, send a pseudo transaction to a service that does. This will indicate to the other provider that you own the corresponding private key, matching the public key indicated currently in this transaction.

Ockie said:
Sorry .... did not get that.....whata ma what now? :confused:

:crylaugh:

Eish .... hope Exodus makes it easy to claim as they did BCH. Pitty you cant hold it in Exodus after you have claimed it though. Have to transfer it to a compatible wallet. Urg.
Click to expand...
They will do option B, I'm almost certain.

Just be fscking careful to not send it to a Bitcoin wallet, the transaction will go through successfully! And Exodus will no longer hold your coins. Make sure its a wallet specifically for Bitcoin Cash! This is because the private key that you hold for Bitcoin, will be exactly the same as for gold.
 
YingYang said:
If they don't allow you to claim, you have two options.
A, move your bitcoin to a service which does allow you to claim.
B, if your using Exodus, send a pseudo transaction to a service that does. This will indicate to the other provider that you own the corresponding private key, matching the public key indicated currently in this transaction.

They will do option B, I'm almost certain.

Just be fscking careful to not send it to a Bitcoin wallet, the transaction will go through successfully! And Exodus will no longer hold your coins. Make sure its a wallet specifically for Bitcoin Cash! This is because the private key that you hold for Bitcoin, will be exactly the same as for gold.
Click to expand...

Yip. Understood :)
 
Are we certain this hard fork is happening? I’ve been trying to find more information about bitcoin gold or some even call it bitcoin gpu. I see a lot of unanswered questions everywhere about it. Their own website also includes no information whatsoever.

Is this the official site? http://btcgpu.org
 
Response from Ledger RE holding coins in hardware wallet at time of Bitcoin Gold fork:
Hello,

You will be publicly informed in time on our website and social media accounts if there is anything you need to do in order to get and manage your Bitcoin Gold.

Regards

-- Alexandre Vaugoux, your daily support friend
Click to expand...
I'd rather trust a hardware wallet than an exchange like Altcointrader
 
I feel like this is going to turn ugly with the lack of replay protection - will probably take some time to settle
 
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