Here is why Bitcoingold is shady and a scam you should dump it as soon as you get it, never buy it!

in #bitcoin7 years ago

As some of you may know, Bitcoingold is attempting to fork Bitcoin at the 25th of October. However......

UPDATE 2

Premined: https://github.com/BTCGPU/BTCGPU/pull/2
Unfinished pow implementation: https://github.com/BTCGPU/BTCGPU/pull/15
Replay protection not implemented (You might lose your Bitcoins if you try to transfer or sell your airdropped Bitcoin gold be careful!): https://github.com/BTCGPU/BTCGPU/issues/18
No change of difficulty algorithm implemented (they will compete with other GPU-mined coin for hashpower)
No commits merged to main public repo in last 21 days
Without the difficulty fix alone, this coin will crater rapidly.
Assuming it survives that, without replay protection, big exchanges won't list it, and wallets won't support it. The code is unfinished and in flux that no-one can seriously review it yet, and there's no commit for a testnet definition yet. (thanks to /u/StrawmanGatlingGun)

https://www.reddit.com/r/CryptoCurrency/comments/757jf4/here_is_why_bitcoingold_is_shady_and_a_scam_you/

Sort:  

What exchanges will be handling this new shitcoin (bgold)? I will be dumping mine asap! ;)