Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax
by
Nebell2
on 25/07/2018, 13:31:25 UTC
I'm pretty sure that BitcoinZ will be worth between $1 and $0.1 in a few years if the development continues. My guess is $0.1 in 2020 and $1 in 2022-23.

This is based on how long I've been following it and the development. But it also depends on the crypto market. My estimate includes Bitcoin reaching $10.000 by the end of 2018 - and actually holding that and $25.000 by late 2019. This would catapult crypto market to at least 800bil market cap. I do believe that Bitcoin will hit $50.000 by 2022. But it won't just keep growing as fast as it does now because between $10.000 - $30.000 there will be a lot of institutional money coming in. The higher value Bitcoin has, the less volatility it will have. I'm pretty sure the sell-off in the first half of 2018 was because people were cashing out. The amount of return they got was 20x and above and it would be madness not to cash out. If you invested $10.000 in early 2017 and cashed out in early Jan 2018 you would have millions.

I did write posts before about BTCZ rebranding, but I think that maybe it's better if it stays with BitcoinZ name. It is an effective way to link it to Bitcoin.