Bitcoin

Bitcoin Gold Money Grab

Have you ever wondered how Bitcoin forks make money? Sure they get their Bitcoin equivalent in their new version but that is pennies compared to what they end up with.

After the folk happens there are no external miners allowed to collect the 1,800 Bitcoins a day (http://www.bitcoinblockhalf.com/) generated so the creators claim them all for themselves.

Bitcoin Cash Price Chart

Now if you multiply that by the price of the Bitcoin Gold price currently $432.33 (https://coinmarketcap.com/currencies/bitcoin-gold/) and falling which allows them to “print” $778,194 worth of their brand new currency PER DAY!

So if it takes them a week before the new coin protocol goes public that is $5,447,358 they made for doing what? The excuse they use is “for the development team” which translates to “themselves” lol.

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