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Topic: Are Forks really good for BTC ? - page 5. (Read 804 times)

full member
Activity: 135
Merit: 100
December 05, 2017, 07:56:28 AM
#14
We thought it's bad, however, looking at the price, we really find nothing bad now...
newbie
Activity: 13
Merit: 0
December 05, 2017, 07:54:16 AM
#13
If the fork can solve a problem, that may be worth to try.
sr. member
Activity: 1153
Merit: 252
December 05, 2017, 07:46:29 AM
#12
the forks surely good to people holds the bitcoin in there wallets , so it's an easy incoming money .. and i see it's not have a direct effect in bitcoin . so it's good to all .
full member
Activity: 546
Merit: 102
December 05, 2017, 07:45:40 AM
#11
I guess it will benefit bitcoin.
Because people will buy bitcoin to earn profit from the fork,
So this will affect the growth of bitcoin in marketcap.
sr. member
Activity: 616
Merit: 251
December 05, 2017, 07:39:17 AM
#10
Forks are trying to make BTC to lower its value but they never succeeded BTC still making it to the moon.

Because of this Forks whales are becoming more richer because they are the only benefiting alot when Forks are coming. They make BTC dump so that they can buy more BTC and have new btc** coin.
copper member
Activity: 896
Merit: 110
December 05, 2017, 07:11:05 AM
#9
Yes, likely, so we can see some challengers who wants to dethrone BTC. If they're point is right. And no, because it's becoming like politics, where someone wants to get control of BTC instead of being one with the community.
hero member
Activity: 1470
Merit: 655
December 05, 2017, 07:07:28 AM
#8
the forks that you see these days are not doing anything. all of them have been to make more money so far. i am nearly convinced that at least a couple of these forks have some whales behind them.
imagine you have at least a couple of hundred bitcoin. each fork gives you the same amount in that new token you created. selling each gives you a lot of profit, pumping each will also give you another huge profit. after a couple of pump and dumps you drop the project entirely and move on.
rinse and repeat and become a multi billionaire in a couple of years.
sr. member
Activity: 518
Merit: 268
December 05, 2017, 07:06:23 AM
#7
All previous hard-forks spread fear in the community, which impacts the community negatively. But that isn't necessary dangerous to Bitcoin itself, the real danger is the switching of miners to different forks. This causes a lot of delayed transactions and extremely high fees, which makes the coin really unattractive for micro-payments. Also the attacks of fork's fans to the Bitcoin network slows the network down.
newbie
Activity: 56
Merit: 0
December 05, 2017, 07:01:02 AM
#6
I think in some point of view hardforks are good for Bitcoin. Because they show how stable Bitcoin is and how powerful its community. This might help Bitcoin to become legal in any country - great support.
hero member
Activity: 3192
Merit: 939
December 05, 2017, 06:57:02 AM
#5
I really hate the "free-money" consept of every fork.
You have 1 bitcoin in your wallet that supports the fork and after the fork you have 1 bitcoin + 1 bitcoin s*it and the forked bitcoin has some value.You didn`t bought that altcoin,maybe you don`t want to own it,but there you go,it`s a like a gift.It`s like someone ,who owns a printing machine for fake dollars,gives you 1000 fake US dollars as a dift,just like that.You can sell the fake dollars for real dollars,but is this the right thing to do?
staff
Activity: 3304
Merit: 4115
December 05, 2017, 06:56:32 AM
#4
In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin
At the moment the hard forks haven't had anything to improve of the existing foundation that Bitcoin has layed out, so I would agree that as of now there hasn't been any worthy forks. But, this can change and I'm all for improving on Bitcoin. Bitcoin has certain limitations which will need to be fixed, whether that's through soft forks or hard forks remains to be seen.

Both affect Bitcoin directly and indirectly. Hard forks tend to create a false hype around Bitcoin because of the 'free' coins that people are promised.
hero member
Activity: 770
Merit: 500
December 05, 2017, 06:44:54 AM
#3
I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it. 
sr. member
Activity: 645
Merit: 266
December 05, 2017, 06:30:34 AM
#2
In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin
sr. member
Activity: 490
Merit: 251
Guard your privacy
December 05, 2017, 06:04:43 AM
#1
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 ?
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