Bitcoin Gold Goes Live

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In one hour, forty-two minutes and thirty seconds Bitcoin Gold goes live.  At that point, people take their Bitcoin Gold (BTG) – seriously.  At the moment, Bitcoin Gold is trading at $406 and Bitcoin is trading at $6139.  What will happen short-term and long-term?

Short-term, I don’t believe anything remarkable happens.  Bitcoin will continue to rebound from last night’s low of $5500.  Bitcoin Gold will hover around the $400 mark.  There is a place for both coins to exist in a win-win situation.  At the moment, there are speculators moving money around and both markets fluctuate as a result but in times to come both currencies will find their own levels as their roles become clear.

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