bitcoin gold

Bitcoin Gold Launches Today

November J, 2017
Market Hive
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Bitcoin Gold Launches Today After weeks of preparation, Bitcoin Gold (Bgold; BTG) is finally launching today, November 12, 2017.   Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year; on August 1, Bitcoin Cash (Bcash) was the first. Where Bcash attempted to offer an on-chain scaling solution by increasing Bitcoin’s block size limit (while removing the Segregated Witness code), Bgold is an attempt to counter Bitcoin’s mining centralization.  …

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Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split

November J, 2017
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Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split BITCOIN prices took a blow today, falling below £5,328.46 ($7,000) just days before a planned software update will release bitcoin gold. Bictoin prices fell by £761.21 ($1,000) in just over 48 hours after strong performance at the start of the week. The crypto token opened today at £5,440.19 ($7,146.78), according to CoinDesk, before peaking at £5,579.71 ($7,330.06). On Wednesday, the popular digital currency flared to an unprecedented price of…

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Bitcoin Gold Sets Sunday Date for Cryptocurrency Release

November J, 2017
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Bitcoin Gold Sets Sunday Date for Cryptocurrency Release Bitcoin gold is set to go live this weekend. In a new blog post, the developers behind the fork of the bitcoin blockchain said that they would release a formal software client for download at 7:00 PM UTC on Nov. 12. Originally set for a public launch on Nov. 1, the project is backed by LightningASIC, a seller of mining hardware based in Hong Kong, as well as a community of relatively…

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Bitcoin’s Bogeyman Cometh – Why Segwit2x Is a 51% Attack

November J, 2017
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Bitcoin's Bogeyman Cometh – Why Segwit2x Is a 51% Attack In bitcoin's Necronomicon of possible attacks and weaknesses, one reigns supreme – the 51% attack. If there is a fear that has played on people's minds as the end-of-days scenario for bitcoin, it is this. Attackers who hold more than 50% of hashing power could stop transactions from confirming and even reverse some transactions. They could undermine the whole project. Bitcoin's design and its system of economic incentives has been…

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Bitcoin Gold Hard Fork Draws Mixed Reactions

November J, 2017
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Bitcoin Gold Hard Fork Draws Mixed Reactions The Bitcoin Gold hard fork that caused a minor, temporary dip in bitcoin’s price a couple weeks ago has drawn both “boos” and “bravos” from the cryptocurrency community. Most observers voiced no problem with hard forks as a tool for competition and experimentation, but some see forks as compromising the perception of bitcoin’s limited supply, which they view as critical to its underlying value. After debuting near $500 on Oct. 24, Bitcoin Gold…

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Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles

October J, 2017
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Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles The crypto markets experienced a moderate recovery on Thursday, as the bitcoin price began to recover from the dip that it entered following the Bitcoin Gold hard fork. Many altcoins achieved slight price bumps as well, enabling the total cryptocurrency market cap to rise above the $172 billion mark. Chart from CoinMarketCap Early in the day, it appeared that the markets were heading south, continuing their movement from the previous day.…

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First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way

September J, 2017
Market Hive
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First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way Bitcoin, bitcoin cash, bitcoin gold? There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month. Styled as a rebellion of sorts, bitcoin gold aims to follow a similar launch plan as bitcoin cash – the blockchain that split from bitcoin this summer by way of a "hard fork."…

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