What will be Bitcoin Gold's market cap if it stays over 100$?

in bitcoin •  7 years ago  (edited)

Let me preface by saying I don't know much about Bitcoin Gold nor am I endorsing it. But with simple math if Bitcoin Gold can manage to stay over 100$ after they release their wallets and Bitcoin hodlers can receive their Bitcoin Gold, the market cap will be at least 1.6 Billion.

I can Maths

(price) * (circulating supply)=marketcap
(100$) * (16,647,150 BTC)=1,664,715,000$

1,664,715,000$

That would as of today make put Bitcoin Gold in 7th place on coinmarketcap.com Great news for gpu miners. I also wonder if the dumping will lead to a pump in the price there after taking advantage of the influx of dumped coins. Would love to hear your thoughts!

This is not financial advice please do your own research before investing your hard earned money
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I'm gonna guess dump, then quick rise, and then dump again.

Well, I think they have to take care of the security issues first. After that, BTG may be accepted by all the exchanges, and then maybe there is a possibility. But I think that people are waiting for Segwit2x!!

Sorry, but I do not think Bitcoin Gold will be able to stay above 100$

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good work :)

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Well post
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  ·  7 years ago Reveal Comment