Topic: All these forks make bitcoin seem scammy.. they should never have been done. (Read 355 times)

Yeah you are right, not sure what good has forking done to bitcoin. In fact it did the opposite and made it look bad.

Do not confuse bitcoin forks and its forks. Forks are almost new altkoins, which only have the name associated with bitcoin. They do not affect the price of bitcoin for the worse. I think you should read more about this on the Internet.

Seriously we had Bitcoin Cash, Bitcoin Gold, though some argue that one's a scam, and now Bitcoin Diamond all within a 6 month time period? In 5 years how many forks will there be? They should never have forked the coin at all, not even once. They should have created another coin with a different name from scratch. Forking constantly makes the whole thing seem like a big scam from an outsider's perspective.

Forking will lead to another coin eventually taking bitcoin's place in my opinion, though hopefully people don't see that hey, anyone can create any coin they want at any time, so why should I buy this particular coin? There's 15 bitcoin forks here in 2019... what the hell is going on?  I like that I can store money without having to worry about unconstitutional civil asset forfeiture, but it seems like the way things are going the blatant greed is showing through.  Just another way for people to create a coin they can dump and make their millions, which is fine.. I like making money too, I just hope this short term focus on gain doesn't harm people's perception of bitcoin as a whole.  In any case as long as the money is there, people should flock in. 500 billion dollars from a global economic perspective is still peanuts. We could have 2 trillion in combined market cap and it's still peanuts to the global economy.

I think name or other thing not really important. That important is all coming from bitcoin fork and that make bitcoin not decentralized in developer side. Why? Developer just want to make money with new bitcoin. Like ponzi scheme.

You are correct, but at the end that is not bitcoin fault, the only fork that I consider a legitimate fork is bitcoin cash and even that fork has many things I do not like all the other forks are not really anything new and you should not be concerned about it, you are right that makes bitcoin look bad and scammy but the ones not changing the name of their forks are the ones doing the fork and we cannot force them to change the name of their forks.

I do agree with your statement. All these forks are not helping bitcoin in any way. Instead they are taking away few billion dollars of market cap as well as some percentage of the hash power. This forks are making the bitcoin network weak which is not at all desirable. It is just a group of greedy miners forking away with new coin. As a community we must condemn such attempts and should not support any further fork attempts.

Agree here. Greedy miners

I do agree with your statement. All these forks are not helping bitcoin in any way. Instead they are taking away few billion dollars of market cap as well as some percentage of the hash power. This forks are making the bitcoin network weak which is not at all desirable. It is just a group of greedy miners forking away with new coin. As a community we must condemn such attempts and should not support any further fork attempts.

Well, it is kind of obvious that the forks are not going to help bitcoin and in fact are looking to damage it, most forks call themselves as the true bitcoin or the fork that is going to succeed bitcoin so if anything the forks are attempts at weakening bitcoin

I do agree with your statement. All these forks are not helping bitcoin in any way. Instead they are taking away few billion dollars of market cap as well as some percentage of the hash power. This forks are making the bitcoin network weak which is not at all desirable. It is just a group of greedy miners forking away with new coin. As a community we must condemn such attempts and should not support any further fork attempts.

Seriously we had Bitcoin Cash, Bitcoin Gold, though some argue that one's a scam, and now Bitcoin Diamond all within a 6 month time period? In 5 years how many forks will there be? They should never have forked the coin at all, not even once. They should have created another coin with a different name from scratch. Forking constantly makes the whole thing seem like a big scam from an outsider's perspective.

Forking will lead to another coin eventually taking bitcoin's place in my opinion, though hopefully people don't see that hey, anyone can create any coin they want at any time, so why should I buy this particular coin? There's 15 bitcoin forks here in 2019... what the hell is going on?  I like that I can store money without having to worry about unconstitutional civil asset forfeiture, but it seems like the way things are going the blatant greed is showing through.  Just another way for people to create a coin they can dump and make their millions, which is fine.. I like making money too, I just hope this short term focus on gain doesn't harm people's perception of bitcoin as a whole.  In any case as long as the money is there, people should flock in. 500 billion dollars from a global economic perspective is still peanuts. We could have 2 trillion in combined market cap and it's still peanuts to the global economy.

Seriously we had Bitcoin Cash, Bitcoin Gold, though some argue that one's a scam, and now Bitcoin Diamond all within a 6 month time period? In 5 years how many forks will there be? They should never have forked the coin at all, not even once. They should have created another coin with a different name from scratch. Forking constantly makes the whole thing seem like a big scam from an outsider's perspective.

Forking will lead to another coin eventually taking bitcoin's place in my opinion, though hopefully people don't see that hey, anyone can create any coin they want at any time, so why should I buy this particular coin? There's 15 bitcoin forks here in 2019... what the hell is going on?  I like that I can store money without having to worry about unconstitutional civil asset forfeiture, but it seems like the way things are going the blatant greed is showing through.  Just another way for people to create a coin they can dump and make their millions, which is fine.. I like making money too, I just hope this short term focus on gain doesn't harm people's perception of bitcoin as a whole.  In any case as long as the money is there, people should flock in. 500 billion dollars from a global economic perspective is still peanuts. We could have 2 trillion in combined market cap and it's still peanuts to the global economy.