Do NOT try to arbitrage BTG Bitcoin Gold Now!

in #bitcoin7 years ago

I wrote of fake wallets using BTG yesterday, today BTG got added to Bittrex.

Bittrex wallets are open for deposits but do not try to arbitrage from exchange that even look good and have wallets open - they have issues.

Bittrex Market


Bittrex opened BTG today and loaded balances of everyone that had BTC on time. If you have BTG there - sell ASAP (its late anyways). But my post is not about BTG added to Bittrex its about fake arbitrage options.

HitBTC Market


HitBTC has wallets open since yesterday but today when pump came and it was possible to sell BTG on Bittrex for 0.06+ BTC and buy at 0.015+ BTC, the exchange stopped letting people withdrawal. Hard to say if they did it or the traffic killed it but after you buy, you wont be able to send and sell. Dont fall for it.

Binance Market


Binance has good price too, as they often follow Bittrex. But impossible to deposit - wallet is closed. Its just internal coins being traded.

BitFinex Market


Coins cannot be withdrawn, you have them only if you had BTC back then.

Solution

You can ONLY arbitrage if you have coins on all exchanges and buy and sell between your own holdings.

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Good advice :)

Bitcoin Gold Scam this was understandable before the launch of the project

I gotta be honest. BGold has some interesting things it is trying to do with decentralization of mining, etc. Its execution has been terrible thus far. But I haven't really seen anyone trying to say this is the real Bitcoin.

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Thanks very good post !!!!

be carful if u get ur BTC gold from ur legder!

Awesome Work!

Keep it up!!!

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your CryptoInvestmentExpert

They should have purchased Bitdefender. :)

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How we are supposed to learn these things if you don't blog aobut it nice !

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Bitcoin Gold was never a good currency to began with, junk developers, corrupted money hungry people....just all around a bad idea. Not risking my wallets for a few hundred bucks...simply not worth it....

wow that is very insightful, great market research @kingscrown you have got yourself a new follower.

apparently its working for some people and not for others my friend made withdraw 10mins before me and his withdraw is done but mine isnt the blockchain is fine its just hitbtc doing its thing they always do this shit i wouldnt trust them ever again with something like this am happy on bittrex/binance

Not first time it happened to me with hitbtc done a transfer earlier went fine now got 2 stuck :(

Nice post.I learn many thing from your post.

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