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.