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BTCGPU / BTCGPU

Current work on BTCGPU
http://bitcoingold.org
MIT License
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Yobit starting BTG trading prior to launch date #45

Closed DemonRx closed 7 years ago

DemonRx commented 7 years ago

https://yobit.net/en/bitcoingold/timer/

How is this so?

Coryvmcs1 commented 7 years ago

It's YobitI would expect nothing else from them but to do scamish things like this.

DemonRx commented 7 years ago

To add to this... afaik at the time of the fork there will be 8,000 blocks "premined" = 100,000 BTG (in devs possession), thus the question is... how can exchanges possibly provide users with a 1:1 credit of BTG in their accounts when there's no actual coins existing besides what the devs are holding? because no further coins have been mined yet at that point?

These coins just magically appear on the exchanges without having been mined into existence?

What would happen if most users tried to do a withdrawal of their BTG? Or is having btc on the exchange wallets trigger some code that in a sense creates the equivalent btg on the new chain (without mining) ?

sammy007 commented 7 years ago

Yobit is a well known scam so who cares?

DemonRx commented 7 years ago

https://www.bitfinex.com/trading/BTGBTC

trading is live

John1231983 commented 7 years ago

It is the scam. Do not believe it. The code does not work now. Many features did not complete

DemonRx commented 7 years ago

No kidding, it's basically just an IOU there... centralized exchanges don't need "wallets" to actually have any trading, it's just database numbers, not like a DEX such as Etherdelta

John1231983 commented 7 years ago

@D3m0nKingx: You means I was wrong, Right? If it true, why BTC block is over but it does not HF.

DemonRx commented 7 years ago

Good question, just like how the code says it was supposed to fork at block # 491314 https://github.com/BTCGPU/BTCGPU/blob/5a9f5b1d337babbbad53f787bc4914520266e1f0/src/chainparams.cpp#L88

John1231983 commented 7 years ago

Now the block is over 491,407 but nothing happens. Do not believe the yobit which is a very small exchange and comes from CHINNA.

sammy007 commented 7 years ago

@John1231983 yobit is a russian scam lol.

DemonRx commented 7 years ago

Just sold BTGs on Binance :moneybag:

martin-key commented 7 years ago

I will close this issue. More information can be found on BTG FAQ: https://btcgpu.org/faq/ and the roadmap: https://btcgpu.org/wp-content/uploads/2017/10/BitcoinGold-Roadmap.pdf For discussion you shall use Slack: https://join.slack.com/t/bitcoin-gold/shared_invite/enQtMjYxMDU5NzQzNjUyLTJlODRhYjg2NGRmMzE4ZjBkZjlmOGM0ZDc0OGUyMDZmMTVlY2RjZDc2OWQ0NWY2NWI0ODcyZjYwZTVhMjQ5OTE