Bitcoin fork taking place and impact

adetos

newbie

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Quote from: meer45 on February 11, 2018, 01:46:07 PM

Forks have generally served as a way to make free money for a lot of people. The fact that a lot of people were instantly dumping the newly forked coins means that people are generally not interested in forks and the features of the new coins, they are only after their money.

So no special reasons about the bitcoin fork just another way make money for people

meer45

member

Activity: 140

Merit: 15

Forks have generally served as a way to make free money for a lot of people. The fact that a lot of people were instantly dumping the newly forked coins means that people are generally not interested in forks and the features of the new coins, they are only after their money.

anonypony

newbie

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I am excited about the BCP (Bitcoin Private)!

jmlona

member

Activity: 279

Merit: 16

Quote from: adetos on February 11, 2018, 01:22:58 PM

I have always thought the numerous bitcoin fork that has come to existence since last year, are steps taken by bitcoin devs to decentralized the bitcoin blockchain in order to solve the problem of congestion in the bitcoin network.
If my thought is right, has it ever been true to say that the fork actually provide solution or had even created more problems in the industry or can we say it just another opportunity for some people to make money for themselves?

Some forks are actually because of splits in decisions and wanting to take a different direction in development. Others (and probably the majority) are just money grabs by people looking to make a quick buck.

adetos

newbie

Activity: 317

Merit: 0

I have always thought the numerous bitcoin fork that has come to existence since last year, are steps taken by bitcoin devs to decentralized the bitcoin blockchain in order to solve the problem of congestion in the bitcoin network.
If my thought is right, has it ever been true to say that the fork actually provide solution or had even created more problems in the industry or can we say it just another opportunity for some people to make money for themselves?

Topic: Bitcoin fork taking place and impact (Read 121 times)