0.05BTC sounds like a longshot given that it doesn't seem to have any fundamental innovations or strong backing. their plan seems to be to capitalize on the current anti-bitmain sentiment..... come to think of it, that might work out for them.
Long term speaking, there is zero value in Bitcoin Gold, but that doesn't mean we won't see whales use it as toy to play with for a good while ~ Bitcoin Cash holds zero value too, contributes to nothing, and yet its price is fairly steady.
It was even expected by a major part of the people here that it wouldn't even manage to hold a value of 0.05BTC, but even after all the dimping due to exchanges allowing Bitcoin Cash deposits, the market pumped to +0.2BTC.
Media attention for Bitcoin Gold will grow the closer we come to the actual happening, so we'll see how everything will develop in the coming weeks ~ I'll choose to hodl it for a while instead of cashing out directly like I did previously.