Bitcoin Fork 2 ? - page 4. | Bitcointalksearch.org

7jaka7

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BTC, ETH, XMR, LTC

Quote from: RoommateAgreement on October 01, 2017, 08:37:24 AM

this is just a start. i expect so much more forks like these.

before all the bitcoin forks were actually trying to creat a new coin. and actually contribute to the technology. you can look at Litecoin and its creator Charlee Lee for a good example of a good coin forked from bitcoin.

but this new wave of coins forking from bitcoin are just trying to make money. usually it is with the airdrop, mining and pump and dumps.
this bitcoin gold one choose to also premine the shit out of it before release too.

Forks can happen daily but if the chain doesn't last long it's not even worth mentioning.

Why do you expect a lot more Bitcoin forks? I believe it is better to make better cryptocurrency with improved technology from scratch. If you fork Bitcoin you already have 150 GB of blockchain. But of course making completely new currency for every little change is bad too.

Tha 1st of august fork was definitely not about making money, but more because different views of Bitcoin.

Kingofbitcoin12345

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Quote from: ashuK27 on September 27, 2017, 04:17:56 AM

First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
is it TRUE?

Yes it is definitely true,, a hero ranked bitcoiner pm’ed me about it to store my bitcoin on a wallet that I have hold a private key so I can have same amount of bitcoin gold depending on my bitcoin on hold.. So I wanted to participate but the only problem I think is that I don’t have hold bitcoin as of now because of financial needs I have no choice to to let go of it.. And sold it at 4300$ per bitcoin this week..

sylance

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Two instances is not a trend, but I really hope this doesn't turn into a normal occurrence. I know the price popped after the first fork but we can't expect that to always happen. Some dollars flowed into BCH, and those could have went into BTC.

That said... so far this one feels different. The first fork was all over news sites, podcasts, and BCT. I wonder if this one will crash and burn and quiet future forks.

holdingkrypto

jr. member

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Oh man, 2 forks more in just a few months. Bitcoin is not a toy. Whatever it is please stop it. If you want to play just create an altcoin but do not usurp the bitcoin name.

Ilegendph

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Thinking on the higher plane of existence.

Quote from: CryptoClown on September 27, 2017, 05:45:03 AM

Quote from: ashuK27 on September 27, 2017, 04:17:56 AM

First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
is it TRUE?

This was also my question few days ago. Don't really have much knowledge about fork but I just hope this will bring something that is advantageous for BTC holders just like what happened last fork.

The fork on august 1 produces btc cash as a result. Bitcoin price becomes high after the fork because investors saw that it is a good time to buy btc at that time since it is very cheap making the bitcoin cash less popular and holders of it jist sell it for a lower price than the market dictates. The fork on november will produce bitcoin gold and I doubt that it will affect the bitcoin price as I see the market the trend of market now.

squatter

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STOP SNITCHIN'

Quote from: Maveth13 on October 04, 2017, 04:39:57 AM

The splitting of coins is a worst case scenerio if a proposal does not receive enough support. In this case, segwit2x. As far as support goes, it's not getting a lot of it. So right now, a fork is pretty much inevitable.

With a hard fork, a split chain with multiple resulting coins should always be expected. In Bitcoin, it's always inevitable due to its high level of decentralization. What usually prevents such forks is a high level of centralization, as we see in Ethereum. In their hard forks, the founders/core developers coordinate closely with mining pools (which are much more centralized than in Bitcoin) and wallet developers.

Wallets are set to fork by default, so any users who aren't actively opposed to the fork will fork by default. In other words, the ETH developers coordinate their forks so the majority of users can be passively "harvested" (for lack of better words), rather than users making conscious choices about changes to consensus rules.

Maveth13

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The splitting of coins is a worst case scenerio if a proposal does not receive enough support. In this case, segwit2x. As far as support goes, it's not getting a lot of it. So right now, a fork is pretty much inevitable.

Jovovich

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Quote from: Hexah on October 04, 2017, 01:54:11 AM

I heard it too, hoping that the thing that happens to bitcoin on the first forking will also be the same as it is in the second forking of bitcoin. What I mean is that I am hoping that bitcoin price will increase also if the forking this last week of October or first week of November will be the same at it have undergone on the first. If that would happen I would gladly say that really bitcoin will be increasing more through time.

Having a second fork would also mean that the previous fork was successful in some ways. Releasing another fork would really be another news for the bitcoin and btcgold is expected to be as good or better than the bitcoincash. Depending on how miners and what are the features of bitcoin gold, it is safe to say that another altcoin is will also be the highlight for a month.

Bacchu

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any source news link for hard fork? I want to see the news.some one help to find out the link.Now I have some BTC , previous hard fork i missed but i didn't want miss it.

Hexah

sr. member

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I heard it too, hoping that the thing that happens to bitcoin on the first forking will also be the same as it is in the second forking of bitcoin. What I mean is that I am hoping that bitcoin price will increase also if the forking this last week of October or first week of November will be the same at it have undergone on the first. If that would happen I would gladly say that really bitcoin will be increasing more through time.

mbelosto

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That is nice to get free coins but all those forks doesn't make any good for long term.
People want to make some cash, but this connects to what a lot of people say - it is not stable and limitations on number of coins doesn't really make sense.

Taki

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Quote from: Cindy1983 on September 27, 2017, 04:40:25 AM

As I know hard fork 2 will be happened on 25th October. After the 1st hard fork on 1st August Bitcoin price has increased very quickly from more than 2k$ per Bitcoin to more than 4k$ in few days. I hope that after 2nd hard fork on 25th October it'll be the same with what happened after the hard fork on 1st August maybe Bitcoin price will get over 5k$ after the up coming hard fork

I have heard that we will meet not just one, but two forks this year. One, just like you said, on 25th Ocober and another one on 15th November. Will they both happen or just one nobody knows yet, but speculators don't waste the time to play and earn on those news.

Tashi

full member

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I have heard about this. I think hodling bitcoins on an exchanger might give you free "forked" btc's. Just like the bcc last aglugust 1, the first bitcoin fork.

Monta3002

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EndChain - Complete Logistical Solution

That is on the news I have read earlier today, it will happen on the first week of November and it says the price on the market might reach $6000 before the year ends.

Herbert2020

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Quote from: culun86 on October 04, 2017, 01:07:32 AM

it seems to me, if the second fork will charge the holders of bitcoins the same freebie as the first. And this new bitcoin will grow to $ 1,200 per 1 piece. The holders of the bitcoins should be prepared for this, because this is a chance to multiply their capital several times and we also have to be good at checking how to go down its bitcoin !!

you do realize that bitcoin gold has a very large premine right?
do you honestly think people are going to invest in something like that?

i am sure that BTG will get pumped at some point just like many other altcoins that are being pumped every day but something with such a huge premine and with nothing to offer can not really grow that much. so don't keep your hopes up. specially at first.

exstasie

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Quote from: culun86 on October 04, 2017, 01:07:32 AM

it seems to me, if the second fork will charge the holders of bitcoins the same freebie as the first. And this new bitcoin will grow to $ 1,200 per 1 piece. The holders of the bitcoins should be prepared for this, because this is a chance to multiply their capital several times and we also have to be good at checking how to go down its bitcoin !!

$1200 per Bitgold? A $20 billion market cap out of thin air? Anything is possible in crypto, I'll be the first to admit it right now. But you realize that this money has to come from somewhere, right? Investors need to be lining up at the exchanges to buy Bitcoin Gold. Why would they do that, instead of investing in Bitcoin, or Ethereum or any other altcoin for that matter?

Many cryptocurrencies -- even scammy ones -- offer the chance to multiply your capital several times over. How do you know that people won't immediately dump their Bitcoin Gold to put the funds into better looking coins?

culun86

newbie

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it seems to me, if the second fork will charge the holders of bitcoins the same freebie as the first. And this new bitcoin will grow to $ 1,200 per 1 piece. The holders of the bitcoins should be prepared for this, because this is a chance to multiply their capital several times and we also have to be good at checking how to go down its bitcoin !!

Ariess

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Activity: 546

Merit: 250

Quote from: ashuK27 on September 27, 2017, 04:17:56 AM

First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
is it TRUE?

still confused with this one thing. I have not thought anything and decrypt it, I just see and monitor what will happen next

BrewMaster

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There is trouble abrewing

Quote from: rexona on October 03, 2017, 10:31:03 AM

[snip]
is it true is altcoin? if true I think it will not have a big impact for crypto itself instead. but I'm still curious, let's wait

yes, "bitcoin gold" is an altcoin which is also going to change how the mining of bitcoin works so that it can be mined with GPU. if you ask me that is a futile effort but it may be interesting to see how it is really going to work.

and don't forget that BTG has a huge premine which they are calling "ICO" for some weird reason!

Panah Arjuna

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according to what I know, it's just an altcoin that wants to rival the bitcoin glory by using a bitcoin name and just attach gold at the end.
I have not been able to find the website in my browser history, but if I am right, it is alt that switch to algo which is currently only cpu / gpu which can be mined.
but I just hope this will bring something lucrative for the BTC holders as it did the last fork.

Topic: Bitcoin Fork 2 ? - page 4. (Read 2538 times)