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Topic: Are Forks really good for BTC ? (Read 804 times)

sr. member
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January 16, 2018, 10:44:47 AM
#94
I don't think it is good for BTC because the forks are mainly focusing in gaining profit and giving illusions that their transaction fees are cheaper, when it fact, it can be the same.

TRUEEEEEEEEE  Angry Angry
sr. member
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January 16, 2018, 10:43:14 AM
#93
Not really, just feel that miners that support certain forks are just greedy for money. However, I don't think forks have a large effect on Bitcoin in the long term, as people still view Bitcoin as the most valuable of all the forks and altcoins.

Totally agree with you mate. It's totally a waste of time that forks. What it really matters is the core developers on the first project - lightning will come and fix our problem  Grin
newbie
Activity: 11
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January 11, 2018, 03:47:28 PM
#92
I don't think it is good for BTC because the forks are mainly focusing in gaining profit and giving illusions that their transaction fees are cheaper, when it fact, it can be the same.
member
Activity: 238
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January 09, 2018, 11:22:21 AM
#91
Not really, just feel that miners that support certain forks are just greedy for money. However, I don't think forks have a large effect on Bitcoin in the long term, as people still view Bitcoin as the most valuable of all the forks and altcoins.
full member
Activity: 294
Merit: 100
January 09, 2018, 08:53:18 AM
#90
whether positive or negative effects i don't thin forks has a great effect on bitcoin.
but i honestly cannot understand the reason why developers would want to create forks instead of creating their own projects from the beginning without using the name of bitcoin anymore.
if the developers of this coins truly believes in the potential of what they are creating then they must feel confident launching it without the name of bitcoin being used anymore.
full member
Activity: 462
Merit: 100
January 09, 2018, 08:33:12 AM
#89
I think forks are healthy for bitcoin competition. It feeds more attention to both parties, like bitcoins vs Segwit2x. This usually drops the price of both coins therefore drawing a lot of attention thus attracting more and more investors to buy both coins, allowing for a dual competition.
full member
Activity: 308
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January 09, 2018, 08:17:21 AM
#88
In what I see in the market, forks or no forks bitcoin remain the same and people still investing on it.
full member
Activity: 392
Merit: 114
January 09, 2018, 08:11:55 AM
#87
Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

good? i think yes, fork will give u free money... but besides, fork has no big effect on btc ... i think some coin fork not too have advantages other than for carrying frills btc ....
sr. member
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January 09, 2018, 08:11:27 AM
#86
Forking is not the answer, but it is necessary for bitcoin to grow. There will always be a divide between groups so instead of voting and letting things be for BTC, it's better to let them split and new technology be tried and judged by the masses. From there, we will know which one will be the one true BTC based on technology and how it will advance our beloved coin.

Yes, but they have to declare: look this is a test! We don't know if it gonna work better but we'll give it a shoot. And not pretend to be Bitcoin core from day 0 because they call themselves Bitcoin-some-shit.

I agree with you it's a test mode. And if the fork will really solve the problem, they would have to implement in the core system
sr. member
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January 09, 2018, 08:08:31 AM
#85
Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

People who benefit from forks are the developers. And it just makes the price of bitcoin fluctuate so much. It does not help us, it is just a waste of space.

Agree with you. And for those who think " free-coin" and supporting forks are those the bad guys that just want to gain extra and easy money speculating by dumping when the first block of the fork is mined. They are frinking out the news and the whole ecosistem.

The Devs we know they just want to make theirselves richer but that secondary I think. I mean they spend their effort by coding at least..
sr. member
Activity: 490
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January 09, 2018, 08:03:31 AM
#84
I don't really know the answer myself and i have been wondering the same thing, are forks really good for btc? Does it really help bitcoin to improve? I have read some answers of people in the crypto community, they said that bitcoin forks dont really helps bitcoin to improve, it is just developers want to profit. I don't really know what to believe so i will just make my own research if whether forks helps bitcoin to improve or not.

And which are your conclusions?
I mean it has a big issue for the community itself expaining why there is such a speculation behind the forks and the profit that Devs want to obtain instantly and don't care about anything at all.

What they are saying everytime: we made the new Bitcoin! Come and buy it, we'll solve this and that. If it was one of two maybe I would believe at first but now..
legendary
Activity: 2212
Merit: 1008
January 02, 2018, 07:56:45 AM
#83
I know truly that forks is a good thing for Bitcoin holders because they get these fork coins for free in the number of their BTC coins. Users get in the fork one perspective currency as Bitcoin Cash
jr. member
Activity: 162
Merit: 1
January 01, 2018, 05:32:35 PM
#82
Forking is not the answer, but it is necessary for bitcoin to grow. There will always be a divide between groups so instead of voting and letting things be for BTC, it's better to let them split and new technology be tried and judged by the masses. From there, we will know which one will be the one true BTC based on technology and how it will advance our beloved coin.
member
Activity: 169
Merit: 10
January 01, 2018, 05:14:18 PM
#81
Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

People who benefit from forks are the developers. And it just makes the price of bitcoin fluctuate so much. It does not help us, it is just a waste of space.
full member
Activity: 784
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January 01, 2018, 05:12:34 PM
#80
I don't really know the answer myself and i have been wondering the same thing, are forks really good for btc? Does it really help bitcoin to improve? I have read some answers of people in the crypto community, they said that bitcoin forks dont really helps bitcoin to improve, it is just developers want to profit. I don't really know what to believe so i will just make my own research if whether forks helps bitcoin to improve or not.
full member
Activity: 706
Merit: 111
January 01, 2018, 04:05:56 PM
#79
not really....
sr. member
Activity: 490
Merit: 251
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January 01, 2018, 03:34:19 PM
#78
New fork Segwit2X fork can make the Bitcoin community bigger and the chain stronger
More info here: https://b2x-segwit.io/

You can help to promote the fork by submitting a support ticket to your favorite exchange and ask if they foresee the Segwit2x fork listing anytime soon.
The larger and more active is the community - the faster exchange platforms should commit to a fork

1. Bitfinex
https://www.bitfinex.com/support
https://twitter.com/bitfinex

2. Bithumb
https://www.bithumb.com/u1/US129/18?v=pc

3. Bittrex
- https://bittrex.zendesk.com/hc/en-us
- http://slack.bittrex.com/
- https[Suspicious link removed]xchange

4. Binance
https://support.binance.com/hc/en-us
https://twitter.com/binance_2017
https://t.me/binanceexchange (ENG)
https://t.me/BinanceChinese (CH)
https://t.me/binanceexchange (RU)


5. OKEx
https://www.okex.com/linkUs.html
https://twitter.com/OKEx_

6. Poloniex
https://poloniex.freshdesk.com/support/home
https://twitter.com/Poloniex

7. Bitstamp
https://www.bitstamp.net/
https://twitter.com/Bitstamp

8. Huobi
https://www.huobi.pro/
https://twitter.com/HUOBI_Pro
https://t.me/huobiproofficial

9. Kraken
https://support.kraken.com/hc/en-us/requests/new
https://twitter.com/krakenfx

10. EXX
https://cex.io/
https://t.me/EXXcom

SCAM  Shocked Shocked Grin
sr. member
Activity: 490
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January 01, 2018, 03:33:12 PM
#77
I don't now whether the forks are good for Bitcoin or not. But they have been good for me. Check the exchange rates of Bitcoin and the various forked coins (as per Coinmarketcap):

1. Bitcoin: $15,574 (per coin)
2. Bitcoin Cash: $3,012
3. Bitcoin Gold: $302
4. Bitcoin Diamond (futures): $62
5. Bitcoin Unlimited (fut.): $238
6. Bitcoin United: $550
7. Super Bitcoin: $337

There are 7-8 other forked coins as well, but I am not listing them. In total, if you had 1 BTC on August 1 2017, then you will be having more than $20K worth of coins right now.

You are right BUT does it really help Bitcoin to improve its potential ?
Or are you just a speculator who wants to gain easy money and does not care about its revolutionary idea ?
sr. member
Activity: 490
Merit: 251
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January 01, 2018, 03:30:36 PM
#76
Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?
As far as i can tell,none of the forks which happened since August 1 have had the desired effect it was meant to have, we are still paying outrageous fees to miners so that our transactions get confirmed and its taking longer than ever for that to happen.

I think BTC's price is largely due to electricity tariffs, if there is no miner that BTC can not survive, ETH is the same.
Why do you think we should reduce the cost of paying the miners? The Kingdom is based on the miners' support, and that's the rule.
As you say, the confirmation is getting slower and slower...

I agree with you that Miners are essential for the network to live - and without anyone who control and approve the block, the idea of decentralisation can no longer exist. However they want to gain extra money to approve first the transaction for which they put an higher fee than others so the fee would increase more and more.

So it's no longer the " low fee" which could convince a merchant to accept that type of payment on their store.
hero member
Activity: 1246
Merit: 529
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December 27, 2017, 09:35:18 AM
#75
Honestly, other than the pump BTC usually gets right before the fork they don't seem to really affect it. After everything is said and done it just becomes another altcoin.

For now maybe. But if you look at bcc, it has a very good chance of becoming a major player in the crypto market. Well other fork coins i think aren't that promising like lightning or god, but bcc has a good future with roger ver backing it
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