Latest news on Bitcoin Gold – 10/24/17

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The Bitcoin Gold fork has happened and this is the latest info as of 10/24 5 a.m PST.

The fork came early – This caught a lot of people off guard, the fork was estimated to happen on the 25th and even the Bitcoin Gold team confirmed this, but the fork happened on a specific block, which occurred on 10/23. In the future, for those watching for a fork to happen, the date and time is just an ESTIMATE, not the actual date. You need to follow the block number to know exactly when a fork will happen. You can follow the blocks at the block explorer site for the coin you are following.

BTG is trading on Binance – BTG is listed on Binance with a current price of $230 (price is changing). It is also being listed on Yubit and Bleutrade.

Bitcoin Gold official web site is down – The BTG site was under DDOS attack for most of the day. Now the site is totally down and returning an “Internal Server Error”. No word from the team when the site will be back up or why it is down.

Wallets not supporting it so far – As far as I know, no wallets are supporting BTG as of yet. That doesn’t mean if you stored BTC on a wallet, you don’t have your BTG, it just means you can’t access or move them yet until they are supported. One reason for this is replay protection. Wallets do not want to support BTG until replay protection is in place. It is possible that some wallets will never support Bitcoin Gold, in which case you will need to find a wallet that is compatible with the wallet holding the BTG, and then use your private keys to recover your BTC and BTG on the new wallet.

Bitcoin price holding more stable than estimated – Most traders expected a larger drop in BTC, but it seems to be holding at around $5700, even with the alt coin rise.

The amount pre-mined increased – The amount of coins that were to be pre-mined increased to 100K.

 

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