Bitcoin Forum

Economy => Trading Discussion => Topic started by: Yama4ever on October 25, 2017, 12:10:26 PM



Title: Bitcoin Gold price speculation (after 1st Nov)
Post by: Yama4ever on October 25, 2017, 12:10:26 PM
Hey guys, what are your thoughts about the bitcoin gold price after the 1st of November. Right now nobody can send BTG, only the people that had it on specific exchanges at the time of the fork can trade it.

So my thought is; in the time between 25th of October to 1st of November, the liquidity will dry up, since there are only a limited amount of people that can trade it, and assuming most of the people sell it. I think the price will go very low, under 100 maybe.

But after the 1st of November, liquidity returns and the rest of the world will start to try and sell their bitcoin gold. What will happen? I have no idea to be honest, what are your thoughts?


Title: Re: Bitcoin Gold price speculation (after 1st Nov)
Post by: Beerwizzard on October 25, 2017, 02:35:20 PM
I'm sure it will turn into complete garbage. Just sell it asap to get  some dollars.
If you compare it to bitcoin cash sso when BCH was released we've seen a huge growth mainly because it was only tradable in some exchange. This time the siuation is pretty much the same but the price is going down extremely fast. Just imagine whats gona heppen when everyone will be able to claim his free bitcoin gold.


Title: Re: Bitcoin Gold price speculation (after 1st Nov)
Post by: iamTom123 on October 25, 2017, 03:38:46 PM
Hey guys, what are your thoughts about the bitcoin gold price after the 1st of November. Right now nobody can send BTG, only the people that had it on specific exchanges at the time of the fork can trade it. So my thought is; in the time between 25th of October to 1st of November, the liquidity will dry up, since there are only a limited amount of people that can trade it, and assuming most of the people sell it. I think the price will go very low, under 100 maybe. But after the 1st of November, liquidity returns and the rest of the world will start to try and sell their bitcoin gold. What will happen? I have no idea to be honest, what are your thoughts?


I am projecting that it might have the same value as that of Bitcoin Cash but since Bitcoin Gold is already the second on the line there is a possibility that it can go lower not unless there must be something really good in the coin which can help many to continue on holding into it and probably buy some more. In other words, it would now be up to the market on how good it would be treating BTG. As far as I am concerned, BTG is just another one of the many altcoins we have and there is nothing so extra special with it...well just like Bitcoin Cash.


Title: Re: Bitcoin Gold price speculation (after 1st Nov)
Post by: ruthbabe on December 01, 2017, 09:40:31 AM
Well, if you're buying altcoins, BTG is also a great option to invest with while the price is still low. Unlike those with deep pockets, Bitcoin is too expensive for common people to risk their hard-earned money.


Title: Re: Bitcoin Gold price speculation (after 1st Nov)
Post by: betlord90 on December 01, 2017, 10:46:10 AM
Hey guys, what are your thoughts about the bitcoin gold price after the 1st of November. Right now nobody can send BTG, only the people that had it on specific exchanges at the time of the fork can trade it. So my thought is; in the time between 25th of October to 1st of November, the liquidity will dry up, since there are only a limited amount of people that can trade it, and assuming most of the people sell it. I think the price will go very low, under 100 maybe. But after the 1st of November, liquidity returns and the rest of the world will start to try and sell their bitcoin gold. What will happen? I have no idea to be honest, what are your thoughts?


I am projecting that it might have the same value as that of Bitcoin Cash but since Bitcoin Gold is already the second on the line there is a possibility that it can go lower not unless there must be something really good in the coin which can help many to continue on holding into it and probably buy some more. In other words, it would now be up to the market on how good it would be treating BTG. As far as I am concerned, BTG is just another one of the many altcoins we have and there is nothing so extra special with it...well just like Bitcoin Cash.

The hype will surely start soon so better to accumulate cheap ones so that if the pump came we can gather and join the profiter's club out there, And also Fork coins are prone to became hype since there are some huge group of whales are backing it up and I'm so sure that they will make some good moves anytime soon and we can make Bitcoin cash as basis unto this to create some good guess on the faith comes with BTG in future comes.


Title: Re: Bitcoin Gold price speculation (after 1st Nov)
Post by: orka39 on December 01, 2017, 11:04:20 AM
I'm sure it will turn into complete garbage. Just sell it asap to get  some dollars.
If you compare it to bitcoin cash sso when BCH was released we've seen a huge growth mainly because it was only tradable in some exchange. This time the siuation is pretty much the same but the price is going down extremely fast. Just imagine whats gona heppen when everyone will be able to claim his free bitcoin gold.

Bitcoin gold is so much complicated before and after fork amd the price also will be complicated.
I was thinking bitcoin price is a mistake and the price will be very low.