What Is Bitcoin Gold (BTG)?
Bitcoin Gold was founded in 2017 to become a user-friendly alternative to Bitcoin. The BTG network aims to combine the security and sturdiness of the Bitcoin blockchain and its characteristics with the opportunity for experimentation and development.
BTG enhances and extends the crypto space with a blockchain closely compatible with Bitcoin but without using resources like Bitcoin hash power or vying for the “real Bitcoin” title. The company aims to present a coin with the implementation capabilities of Bitcoin, however, expanding on the opportunities for DeFi and DApp developers to use the coin.
Who Are the Founders of Bitcoin Gold?
Bitcoin Gold was founded by a group of enthusiasts with diverse backgrounds and skills. Hang Yin is a co-founder and lead developer at Bitcoin Gold. He graduated with a degree in computer science from Fudan University in 2015. His professional career started right after he graduated. In late 2015, Yin became a software engineer for Google. After three years with the tech giant, Hang Yin decided to venture into entrepreneurship by starting Bitcoin Gold. In 2018, he also participated in the founding of HashForests.
Martin Kuvandzhiev is the second co-founder of Bitcoin Gold, and he is also a board member at the company. He graduated with a degree in computer software engineering from the Technical University of Sofia, and his professional path started as a food service worker at McDonald’s. In 2015, he became an assistant professor at the Technical University of Sofia, and in 2016, he started a job as a lead iOS developer at phyre JSC. Since co-founding Bitcoin Gold in 2017, he has also launched another company called GoStartups.net. Currently, Kuvandzhiev is also the CEO of Assetify.
Bitcoin Gold Price Prediction
If you’re looking for Bitcoin Gold price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Bitcoin Gold (BTG) will go in the future? We will analyze the past prices of Bitcoin Gold (BTG) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
Bitcoin Gold Overview
|Coin Name||Bitcoin Gold|
|USD Price||$ 34.81|
|24h Volume||$ 21,184,332|
Bitcoin Gold (BTG) Price Prediction
At reconshell.com we predict future Bitcoin Gold price predictions/BTG forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Bitcoin Gold. We do our best to collect maximum historical data for the BTG coin which include multiple parameters like past price, Bitcoin Gold marketcap, Bitcoin Gold volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Bitcoin Gold Price Prediction 2022
According to our deep technical analysis on past price data of BTG, In 2022 the price of Bitcoin Gold is predicted to reach at a minimum level of $47.40. The BTG price can reach a maximum level of $55.71 with the average trading price of $48.74.
Bitcoin Gold Price Prediction 2023
The price of Bitcoin Gold is predicted to reach at a minimum level of $66.83 in 2023. The Bitcoin Gold price can reach a maximum level of $81.35 with the average price of $68.78 throughout 2023.
BTG Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Bitcoin Gold is predicted to reach at a minimum level of $99.15. The BTG price can reach a maximum level of $115.32 with the average trading price of $101.90.
The price of 1 Bitcoin Gold is expected to reach at a minimum level of $148.36 in 2025. The BTG price can reach a maximum level of $172.86 with the average price of $152.43 throughout 2025.
Bitcoin Gold Price Prediction 2026
Bitcoin Gold price is forecast to reach a lowest possible level of $217.56 in 2026. As per our findings, the BTG price could reach a maximum possible level of $256.73 with the average forecast price of $223.66.
Bitcoin Gold Price Prediction 2027
According to our deep technical analysis on past price data of BTG, In 2027 the price of Bitcoin Gold is forecasted to be at around a minimum value of $323.36. The Bitcoin Gold price value can reach a maximum of $388.86 with the average trading value of $334.54 in USD.
Bitcoin Gold (BTG) Price Prediction 2028
The price of Bitcoin Gold is predicted to reach at a minimum value of $463.33 in 2028. The Bitcoin Gold price could reach a maximum value of $553.21 with the average trading price of $476.71 throughout 2028.
Bitcoin Gold Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Bitcoin Gold is expected to reach at a minimum price value of $660.29. The BTG price can reach a maximum price value of $800.71 with the average value of $679.36.
Bitcoin Gold (BTG) Price Prediction 2030
The price of Bitcoin Gold is predicted to reach at a minimum value of $924.69 in 2030. The Bitcoin Gold price could reach a maximum value of $1,150.82 with the average trading price of $958.66 throughout 2030.
Bitcoin Gold Price Prediction 2031
Bitcoin Gold price is forecast to reach a lowest possible level of $1,304.98 in 2031. As per our findings, the BTG price could reach a maximum possible level of $1,603.58 with the average forecast price of $1,352.91.
What Makes Bitcoin Gold Unique?
Bitcoin Gold is a unique combination of the inherent properties of the original Bitcoin blockchain and an innovative approach to blockchain development and applications. As a hard fork of the original Bitcoin token, BTG aims to revolutionize the mining process by introducing a new proof-of-work algorithm that combats the scalability issues Bitcoin struggles with.
As an open-source protocol, Bitcoin Gold allows developers to participate in the governance and development of the blockchain freely. According to the company, this is a must-have requirement for pushing decentralization and one of the major points where Bitcoin struggles.
Bitcoin Gold is one of the first hard forks of the original cryptocurrency, which has attracted institutional and enterprise investors’ attention. BTG is available on a wide variety of exchanges, as well as swap services and wallets. Lastly, Bitcoin Gold has been actively adopted by several online browsers and service providers.
How Many Bitcoin Gold (BTG) Coins Are There in Circulation?
Bitcoin Gold has a maximum supply of 21,000,000 BTG tokens and a total supply of 17,513,924 BTG tokens. The current circulating supply is equal to the total supply.
Out of the total amount of BTG tokens, 30% went towards the development of the blockchain and the project. Another 15% were reserved for ecosystem support and development, and another 15% were distributed amongst the BTG community. About 20% of the total BTG token supply was reserved for yearly expenses. Close to 7% of BTG tokens were set aside for bounties and app collaboration, while another 5% went towards rewards for the founding team. The remaining 8% of tokens went towards covering pre-fork costs and community development.
How Is the Bitcoin Gold Network Secured?
As a Bitcoin hard fork, Bitcoin Gold relies on the proof-of-work (PoW) consensus mechanism. However, one of BTG’s main goals was to revolutionize the mining process by introducing the Equihash PoW, which favors GPUs for mining, unlike the Bitcoin blockchain.
While Bitcoin relies predominantly on application-specific integrated circuit (ASIC) miners, This version of Equihash uses more memory than an ASIC can offer but runs fine on many graphics cards. Unlike the Ethereum blockchain, which relies on the proof-of-stake (PoS) mechanism and favors stakeholders, Bitcoin Gold places importance on the processing power miners have.
Where Can You Buy Bitcoin Gold (BTG)?
As one of the first hard forks of Bitcoin, BTG is available on various exchanges. One choice is Binance, but other good options include:
- Huobi Global