Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax
by
wargamez
on 26/07/2018, 15:48:35 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.

I don't want to comment about the price predictions are they right or wrong because thats not the case, I personally believe that BTCZ will find its place in crypto world as a coin used on daily basis for everyday shopping and in that way it would be a great success not only for BTCZ but whole cryptocurrency market and its users especially

I wouldn't worry about price too much. Once the bull market is back, all coins will rise and coins who have quality like Bitcoinz will rise considerably than others.