Bitcoin just about the reputation's back on track, the price is been a while drop after China banned their ICO, and in last couple days spread information about bitcoin hard fork into bitcoin gold. It's bring so much an enthusiastic to people to get back to BTC. The price slowly goes up more and more people buy the bitcoin, hoping to get that free money like what happen to bitcoin cash last time.
price jump from $4260 to $4465 in just a half day according to bittrex chart. from my opinion price will continue to rise until Bitcoin gold lunch to public, meanwhile price of other alt coin will drop, so i think it will bring 2 positive things to people first you can get free coin from hard fork and exchange it to BTC after it lunch or keep it to trade after, and second this is might be the good time to buy some alt coin in the cheapest price. i though also after bitcoin gold lunch everything will come back like normally it was. so this is could be a moment to get a profit from whst judt hspprn to the market. do you agree..?
here's a little information that i knew about bitcoin gold:
Bitcoin gold's pseudonymous lead developer "h4x" said that the project is "still evolving" and details such as exact block height of the hard fork are still up for discussion. bitcoin gold was even planning an initial coin offering (ICO) by which 1 percent of the bitcoin gold coins would go to the developer team, but these details have since been removed.
One thing is clear though about the funding: because of the nature of the split, every bitcoin user at the time will have an equal amount of bitcoin gold associated with their private key. "It is a minimalist fork of the Bitcoin Core codebase in the spirit of litecoin – only a few conservative modifications," said h4x.
Back to Decentralized
Bitcoin gold will implement a proof-of-work change from bitcoin's SHA256 to Equihash, a memory-hard algorithm that is ASIC-resistant and optimized for GPU mining. as we knew now after more and more people get into bitcoin it's becomes more hard to mined and for too long, Bitcoin has been held back by the centralized mining industry. GPU brings Bitcoin into the modern age with an exciting technological roadmap to enable massive on-chain scaling well into the future with decentralization.
