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.