About the prospects of Bitcoin Gold
A new currency project was announced in the middle of this year. Then they reacted to it with some doubt, because the system was not tested as it should. Probably, precisely because of such doubts, the cost of Bitcoin Gold fell slightly after the first days of its existence. Although another reason for the temporary decline may be the fact that some users began to sell their coins immediately after receiving it. They probably wanted to invest free coins in projects that were more stable at that time. But the creator of Bitcoin Gold was not mistaken.
Now the currency has proved its durability and the Bitcoin Gold rate has stabilized. Its features and advantages from the technical side have become obvious to all users. Experts believe that Bitcoin Gold can become a backup of Bitcoin due to the fact that these two cryptocurrencies are as similar as possible. They also do not exclude the possibility that the new currency can join the classic Bitcoin. This can help resolve the problems of his network that arose as a result of the ASIC monopoly.
So far, the hype surrounding Bitcoin Gold continues. Expect the emergence of better software for the extraction of this cryptocurrency. Bitcoin Gold wallets for storing coins, as well as pools will be updated. Only after this, the exchange rate of electronic currency may slightly decrease. This trend is emerging now. Bitcoin’s final verdict can only be issued in the spring of next year. Analysts believe that no earlier than March it will become clear how convenient and secure this crypto money is, what are the prospects for Bitcoin Gold mining and what kind of demand is possible for them. The rating of the coin on the cryptocurrency exchange is still stable, however, the loyalty of trading floors is very variable, and the stability of electronic coins will be checked only by time. So far, the Bitcoin Gold cryptocurrency has been massively attracting investments for its further development.