Price of vertcoin after 25th Oct Bitcoin fork
What do you guys expect the price of Vertcoin after the upcoming fork? IMO the price will steadily increase to 4~5 USD until the 25th Oct fork and then bitcoin gold will be sold for vertcoin shooting its price further to 10~ 20 USD similar to how the price of litecoin increased after 1st April, 2017. Let me give reasons for my claim:
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Bitcoin gold will be ASIC resistant same as vertcoin. But, vertcoin is already developed and it will take months and years for bitcoin gold to be accepted/mined/developed. Vertcoin is already developed with privacy features (Tor wallet etc.) and its development is incomparable to bitcoin gold.
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Bitcoin gold will not be accepted by bitcoin core fans (same trolls will happen to it as Bcash and it will not be supported by people as Bcash is supported by Jihan Wu or Roger Ver or Korean exchanges. It will not happen for Bgold. However, this coin will create more awareness in people about the idea of ASIC resistance and investors might resort to vertcoin instead.
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Litecoin, bitcoin, vertcoin, decred, viacoin and few other coins already have tested atomic swaps. Atomic swaps between Bgold might be politically restricted making Bgold left behind causing it to collapse even further.
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If Bgold is somehow successful, Bgold and Vertcoin will both be asic resistant and compete with each other. The only benefit Bgold will have is its lower coin max supply and its fork from bitcoin (brand name). But, I think vertcoin will be like today's bitcoin and Bgold will be like today's litecoin.
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Vertcoin halving by December
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Upbit exchange listing of vertcoin by next week.
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Amazing development: http://ift.tt/2ys02dp
This is my humble opinion. If anyone disagree or would like to add more; i would love to hear for a constructive discussion. Vertcoin to moon:)
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