A new bitcoin fork? | Bitcointalksearch.org

susuberuang

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Quote from: gyu22 on August 30, 2017, 10:57:14 AM

Bitcoin GPU, also known as Bitcoin GOLD and BGOLD with the symbol BTG, is planning to fork off the main chain and use an ICO to “help BTG chain the longest Bitcoin Blockchain.”
“Bitcoin GPU is a full node implementation of the Bitcoin protocol,” its website, which curiously features the Bitcoin Cash logo, states.
“GPU mining can protect Bitcoin Key value: Decentralize.”
The first Bitcoin fork, Bitcoin Cash, has become sufficiently widespread to warrant regulatory involvement from the US Securities and Exchanges Commission as Bitcoin holders received duplicates of their original BTC holdings.

Once forked from block number 478558, the assumption from commentators is that balances will double again, creating what trader Vortex refers to as “more free money.”

More:
https://cointelegraph.com/news/suddenly-bitcoin-gpu-hard-fork-could-give-bitcoiners-more-free-money
http://btcgpu.org/#

yes it is true and I heard the end of this november there will be another fork that produces bitcloin silver, just wait and see if it will be fork again.

amaljinadasa

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Bitcoin Gold will provide an opportunity for countless new people around the world to participate in the mining process

South Park

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I am terrible at Fantasy Football!!!

Quote from: scousesmoker on August 31, 2017, 01:55:37 PM

This is madness.
While I was away, so much happened in the world of cryptocurrency.

This is what counts the bitcoins will be, In November, the fourth?
It's all wrong. The true bitcoin was the one that was 2009 and which is now, and costs $ 4700.

The rest is garbage.
The time will come and the forks of bitcoin will disappear.

I hope you are right, but until we get to that point the miners are trying to direct the direction of bitcoin and the devs are doing everything in their power to stop them, I hope the devs win but the miners have so much money behind them that is difficult to know who is going to win.

Somz1

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Entirely possible
The bitcoin2x could split from bitcoin core chain to become another altcoin unless the devs can settle their differences and come to a logical conclusion instead of egos

Doms

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This would just be another attempt at making quick money at bitcoin's expense, with the newbies thinking this is related to bitcoin when it is nothing more than another of those altcoins that come and go. If it is something that is poorly planned and half baked, failure is sure to be the end result of this.

Variogam

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Once there going to be hundreds Bitcoin forks in the next years, the situation might be similar to current altcoin market - it doesnt matter most of these are useless as long as people willing to speculate just by buying/selling.

illyiller

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Quote from: revinvested on August 31, 2017, 02:11:56 PM

I am against new forks, because they change nothing and become just useless altoin, but yeah, BCC made BTC holders a lot of money, so why not try to do it again and get some free money? lol

Sure, BCC made BTC holders a lot of money, but think about how that works. If people are selling their BCC and making lots of money, that means other people are buying BCC and investing lots of money into it. All that new investment money that went into Bitcoin Cash? It didn't go into Bitcoin. In this way, forks that have real community support and can therefore cause a split can damage Bitcoin's network effect, and cause new investors to put their money into different coins.

Since Bitcoin GPU is a copy-paste of Bitcoin Cash, it probably won't see much support. But we'll see.

Filmmmakerr

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Hello. Bye.

Quote from: Janation on August 31, 2017, 05:42:12 PM

Quote from: Filmmmakerr on August 31, 2017, 05:33:59 PM

Agreed with both of you. @Eality I understand that forks are necessary and help the system but there are good forks and bad forks and this seems like a really bad fork, lol.

I don't think that the developers will be accepting a fork if it is a bad fork. We can say that they are accepting to fork with a reason. As you can see in the latest fork, bitcoin doubled the usual price and created another ATH just this past day.

I think bitcoin would of reached the price its at now regardless of BCH or not. If anything, I think it may even be higher since BCH took some shine away from bitcoin temporarily.

Janation

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Quote from: Filmmmakerr on August 31, 2017, 05:33:59 PM

Agreed with both of you. @Eality I understand that forks are necessary and help the system but there are good forks and bad forks and this seems like a really bad fork, lol.

I don't think that the developers will be accepting a fork if it is a bad fork. We can say that they are accepting to fork with a reason. As you can see in the latest fork, bitcoin doubled the usual price and created another ATH just this past day.

Filmmmakerr

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Hello. Bye.

Agreed with both of you. @Eality I understand that forks are necessary and help the system but there are good forks and bad forks and this seems like a really bad fork, lol.

richardsNY

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Quote from: Filmmmakerr on August 31, 2017, 05:19:23 PM

These forks doubling money overnight is the reason the FBI is about to come down hard on cryptocurrencies. The government is about to regulate the shit out of crypto. We need to stop these forks already, its pathetic.

Crypto in general will get more and more regulated, regardless of whatever forks. It's a growing industry in its entirety, so from there it only makes sense for regulations to be put in place. That being said, basically any entity is allowed to fork away if they don't see much value in Bitcoin's current direction -- no one is forcing anyone to stay and support Bitcoin. In most cases forks aren't doing that well, but that's the problem of those initiating them. The far majority of the people will always keep supporting the original coin, and that will never change.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: Filmmmakerr on August 31, 2017, 05:19:23 PM

These forks doubling money overnight is the reason the FBI is about to come down hard on cryptocurrencies. The government is about to regulate the shit out of crypto. We need to stop these forks already, its pathetic.

Is it really possible to regulate these forks,people are making money and it is there to stay,forking does happen to upgrade the network and that will happen in the future and how come the regulators stifle these changes,i am not sure how they are going to do that,there will be a regulation in the new ICO on how people from US invest their money ,other than that they could not do anything else,when it comes to the next fork and the split talk ,i am not sure about the stuff OP is talking about the new split coin,just waiting to see what happens during this fork,we must see some surprises in the coming months.

Filmmmakerr

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Hello. Bye.

These forks doubling money overnight is the reason the FBI is about to come down hard on cryptocurrencies. The government is about to regulate the shit out of crypto. We need to stop these forks already, its pathetic.

hase0278

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Quote from: gyu22 on August 30, 2017, 10:57:14 AM

Once forked from block number 478558, the assumption from commentators is that balances will double again, creating what trader Vortex refers to as “more free money.”

That is what's exciting in every fork that happens, more free money but I dont think always forking is not good for bitcoin itself. I hope they wont continue their plan but seeing the article as it is now, the planned fork will continue so therefore there will be more free money. Im sure many of us is excited for it to finish because most will have free money and looking at bcc's price, we can get a good sum from the upcoming fork but I hope it wont affect bitcoin price greatly.

左

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Been out of touch for a while, seems the mining game has changed. And selling most of my stack early was the wrong choice. I have some left to claim Wink

I'm trying to get into altcoins, but I don't like the idea of bch, and regular old miners like me can't mine this.

bahandhi0508

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Quote from: olushakes on August 31, 2017, 03:02:07 PM

Quote from: gyu22 on August 30, 2017, 10:57:14 AM

Bitcoin GPU, also known as Bitcoin GOLD and BGOLD with the symbol BTG, is planning to fork off the main chain and use an ICO to “help BTG chain the longest Bitcoin Blockchain.”
“Bitcoin GPU is a full node implementation of the Bitcoin protocol,” its website, which curiously features the Bitcoin Cash logo, states.
“GPU mining can protect Bitcoin Key value: Decentralize.”
The first Bitcoin fork, Bitcoin Cash, has become sufficiently widespread to warrant regulatory involvement from the US Securities and Exchanges Commission as Bitcoin holders received duplicates of their original BTC holdings.

Once forked from block number 478558, the assumption from commentators is that balances will double again, creating what trader Vortex refers to as “more free money.”

More:
https://cointelegraph.com/news/suddenly-bitcoin-gpu-hard-fork-could-give-bitcoiners-more-free-money
http://btcgpu.org/#

Whatever ever the developers or the promoters are intending to do, they should even go ahead and create several forks, its not going to change quite a number of intention about bitcoin as the main lead whereas every alts and forks takes the back seat when the king is on the sit.

I don't care for what fork or any diversion from those promoters will intend to do for their next move, and it seems they're more like terrorist of bitcoin economy threatening people to become panic. They're providing negative effects to most of the investors and giving them stress and unfair to most of us here who work for better on our investments. Same with what had happened last August they haven't been successful for their enormous acts of leading that BCC to appear in the market without even promoting it to crowd-funding, and for me an impression came out in my mind that it served as a manipulation of our current system now. That is funded by a bigger whale that's why some panic holders diverts their bitcoin for it, well they earned such profit for the main time first week of August but investors went back to invest bitcoin because it was seen bigger potential of that bitcoin will keep on increasing it's value and becoming more profitable.

joseafonso123az

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More forks, more coins for us. Don't know if this will happen, but I don't think it will be the prime Blockchain or the "best" bitcoin. I see it's future like of BCH, that hasn't reached BTC, but haven't also lost all of it's value. Let's see what crypto world reserves to bitcoin until end of this year.

lucygreen

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The more forked from Bitcoin fake bitcoins we have the more Bitcoin is popular and stable. Every altcoin becomes Bitcoin sooner or later when finally exchanged

olushakes

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Quote from: gyu22 on August 30, 2017, 10:57:14 AM

Bitcoin GPU, also known as Bitcoin GOLD and BGOLD with the symbol BTG, is planning to fork off the main chain and use an ICO to “help BTG chain the longest Bitcoin Blockchain.”
“Bitcoin GPU is a full node implementation of the Bitcoin protocol,” its website, which curiously features the Bitcoin Cash logo, states.
“GPU mining can protect Bitcoin Key value: Decentralize.”
The first Bitcoin fork, Bitcoin Cash, has become sufficiently widespread to warrant regulatory involvement from the US Securities and Exchanges Commission as Bitcoin holders received duplicates of their original BTC holdings.

Once forked from block number 478558, the assumption from commentators is that balances will double again, creating what trader Vortex refers to as “more free money.”

More:
https://cointelegraph.com/news/suddenly-bitcoin-gpu-hard-fork-could-give-bitcoiners-more-free-money
http://btcgpu.org/#

Whatever ever the developers or the promoters are intending to do, they should even go ahead and create several forks, its not going to change quite a number of intention about bitcoin as the main lead whereas every alts and forks takes the back seat when the king is on the sit.

Periodik

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Quote from: TheRakula on August 31, 2017, 02:35:07 PM

Really? An another clone of bitcoin? They should stop doing forks when they get bored. They are just using bitcoin's brand to get knowned but they will been forgotten after couple months. Why should people trust a clone of bitcoin? It's just an useless coin.

Well who knows about a clone's future on crypto? For as long as their developers will continue to work on it then it might become a better version. But I am not sure why the need for an ICO though.

Topic: A new bitcoin fork? (Read 1407 times)