Bitcoin Gold (BTG): analysis, tokenomics & price scenarios
Bitcoin Gold (BTG) is a hard fork of Bitcoin launched in November 2017 check out our page on the analysis of Bitcoin Gold(https://cointobuy.io/bitcoin-gold/). Its goal was to democratize mining using GPU-friendly Equihash-BTG algorithm, thus enhancing decentralization. Unlike Bitcoin, BTG maintains a capped supply of 21 million coins with halvings every four years (last in April 2024). However, BTG has suffered multiple 51% attacks (in 2018 and 2020), leading to exchange delistings and a tarnished reputation.
Today, BTG has low trading volume, few daily transactions (~300/day), and limited exchange support. Yet, the community still plans improvements like Lightning Network, DAO features, and interoperability.
Key takeaways
- Security: addressing 51% vulnerability is critical
- Exchange access: relisting on Binance, Kraken, etc. would help
- Real utility: Lightning Network, DAO governance, wallets, payments
- Crypto sentiment: overall market conditions matter
1. Tokenomics & Market Data
- Max supply: 21 million BTG
- Next halving: around 2028 (last in April 2024)
- Current price: ~$0.70–0.84
- Market cap: ~$14M–400M, depending on volume
- All-time high (ATH): ~$456 in December 2017 (99%+ drop)
- Technical analysis: RSI ~35, trend mostly neutral to bearish
2. Challenges & Risks
- Security: BTG was targeted in 2018 and 2020 by 51% attacks, causing major losses
- Declining usage: ~300 transactions per day reflect low adoption
- Delistings: following the attacks and lack of compensation, some exchanges (e.g., Bittrex) removed BTG
- Stagnant development: Plans for DAO and Lightning exist, but with unclear implementation
Platforms to buy Bitcoin Gold
Price Forecast
Bullish Scenario
- Conditions: successful relaunch, relisting on major exchanges, real-world use cases
- Projections:
- 2025: $3–$5
- 2027: $5–$10 with DeFi integration
- 2030: $10–$15 if tech upgrades and adoption succeed
Bearish Scenario
- Conditions: successful relaunch, relisting on major exchanges, real-world use cases
- Projections:
- 2025: $3–$5
- 2027: $5–$10 with DeFi integration
- 2030: $10–$15 if tech upgrades and adoption succeed
Stable Scenario
- Conditions: successful relaunch, relisting on major exchanges, real-world use cases
- Projections:
- 2025: $3–$5
- 2027: $5–$10 with DeFi integration
- 2030: $10–$15 if tech upgrades and adoption succeed
Learn more on Bitcoin Gold
Where to Buy BTG ?
| Platform | Type |
|---|---|
|
Bitvavo |
CEX |
|
Binance |
CEX |
|
BingX |
CEX |
|
Bitpanda |
CEX |
How to Store BTG Safely ?
Hardware Wallets
This is a sponsored message. Cryptocurrency investments carry risks — always do your own research before investing
Software
Bitcoin Gold is a technically interesting but underutilized project. Its future depends on:
- Improving network security
- Delivering DAO/Lightning upgrades
- Getting relisted and rebuilding developer/community support
- Bearish: <$1 with minimal traction
- Stable: $1–$5 with moderate ecosystem support
Comparison of the Best Crypto Exchange Platforms
| Platform | Description | Advantages | Disadvantages |
|---|---|---|---|
|
|
European user-friendly platform, ideal for beginners and those seeking portfolio diversification. |
Simple interface, competitive fees, European regulation, supports multiple assets. |
Not suitable for professional or high-frequency traders. |
|
|
Global leader in crypto trading, offering extensive features and asset variety. |
Advanced tools, low fees, high liquidity, wide range of cryptocurrencies. |
Can be overwhelming for beginners, regulatory scrutiny in some regions. |
|
|
Social trading-focused platform with strong derivatives offerings. |
Copy trading features, good for beginners, supports futures and spot trading. |
Limited fiat options, less recognized than top-tier exchanges. |
|
Bitpanda
Buy on Bitpanda
|
Austrian platform offering crypto and traditional assets in one place. |
Supports crypto, stocks, ETFs, precious metals, easy to use. |
Higher fees, limited advanced trading features. |
FAQ
What is Bitcoin Gold (BTG)? A 2017 Bitcoin fork using Equihash to enable decentralized GPU mining. Why did BTG suffer 51% attacks? Its PoW design was vulnerable to low-cost hashpower, leading to two major double-spend attacks. What’s the max supply? 21 million BTG; halving occurs every 4 years (next in 2028). What are the price forecasts?- Bearish: $0.40–$0.60
- Stable: $1–$5
- Bullish: $5–$15 by 2030
Disclaimer :
Trading is risky and you may lose all or part of your capital. The information provided does not constitute financial advice and/or an investment recommendation
