Pages:
Author

Topic: Do you support Bitcoin Forks? Why??? (Read 1146 times)

full member
Activity: 350
Merit: 102
November 13, 2017, 11:23:39 PM
#89
In the case of a bifurcation with the objective of supporting an altcoin, I see it as positive because they allow us to expand and improve the ecosystem. In fact, bifurcations are a fundamental right to achieve an open ecosystem like the one that, from the beginning, intended to create Bitcoin. However, when what you want is not to create a new piece of software from the first, but to find the best way to update the original platform to introduce changes that help it to continue growing, is where the controversy arises and the types of forks appear.
full member
Activity: 420
Merit: 171
November 13, 2017, 10:02:38 PM
#88
As what Stated Above, Later Forks Are Known as The process of strengthening bitcoin, Which Can Be used to Fix Something That is Unnecessary in Bitcoin  Such As Bugs, Generating, Wrong codes, Malware Virus. I Can Always Support Bitcoin Forks Because I am Really A Bitcoiner, But, The Problem is, Forks That is Happening Eventually is Not Forks of Bitcoin It is A Fork Where A New Altcoin is Supported By Miners That Makes Bitcoin Lower Down It's Value. Therefore. Bitcoin Forks Are Good But not in the case of Supporting Altcoin.
newbie
Activity: 7
Merit: 0
November 13, 2017, 09:51:27 PM
#87
I strongly support bitcoin because everyone should remember that bitcoins are decentralized and MUST work with consensus. Otherwise, it will fail and consensus means when you want to work together, I can get everyone before you do that fork. Now there are many other things called forks but it creates altcoin. In this case there are 667 forks to create altcoins in the past and present using different methods and in the end they will be regarded as "free money". and I strongly support once the bitcoin forums in the world today.
full member
Activity: 966
Merit: 104
November 13, 2017, 02:40:08 PM
#86
Having familiarized myself with the innovations of bitcoin cash and bitcoin gold, I became a supporter of these coins, because they do bring in certain useful properties that for some reason are not entered into the original bitcoin for some reason. So, bitcoin cash solves the issue with the bandwidth of transactions, while conventional bitcoin has a limit of seven transactions per second. In addition, commission fees for transactions are much lower. Bitcoin gold I like because it blocks the possibility of its mining by large mining farms, providing the process of mining to small entrepreneurs. Let the strongest of the bitcoins win.
hero member
Activity: 2156
Merit: 531
November 13, 2017, 01:33:51 PM
#85
I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
support full fork fork segwit2x strengthen bitcoin network model that I know is bitcoincash , stable price makes bitcoincash kick ethercoin why I say that ,we look at current prices ethercoin price stability keeps itself in the path of $ 300 while this bitcoin split exceeds the ethercoin have this is bitcoin foundation too
legendary
Activity: 1232
Merit: 1080
November 13, 2017, 01:30:35 PM
#84
I think forks can be a good thing but the past 2 forks have been nothing but greed from the developers and looking to make money rather than improve Bitcoin which is what forks should be used for.
sr. member
Activity: 826
Merit: 263
November 13, 2017, 01:26:41 PM
#83
Bitcoin Cash quickly entered the market and experts believe that this network of larger capacities will further enhance the value of the crypto money. Bitcoin Cash is not the only separatist crypto money arising from the traditional Bitcoin network. A group of developers who want to implement different ideas about the future of the network have come up with a new digital currency called Bitcoin Gold.

People like newbies and you are thinking that bitcoin cash gonna completely evolve in the market like bitcoin but nothing problem you can find with the bitcoin. When the market place supply increased to ethereum eveyone states that bitcoin will be next to ethereum only but that coins does not achieved that yet. People like has to dream that bitcoin will go down to these coins but It will never in future as well.
hero member
Activity: 3052
Merit: 651
November 13, 2017, 01:25:40 PM
#82
It is improvement that most of us wants. Not making more coins that will inherit also the name to confuse other people.

That certain happenings divides the investors and they are loving it.
Shouldnt it be the other way around. Arent we somehow making a big mistake with this new coins that are just manipulating the market for their own greed.
full member
Activity: 224
Merit: 100
November 13, 2017, 01:20:54 PM
#81
Bitcoin Cash quickly entered the market and experts believe that this network of larger capacities will further enhance the value of the crypto money. Bitcoin Cash is not the only separatist crypto money arising from the traditional Bitcoin network. A group of developers who want to implement different ideas about the future of the network have come up with a new digital currency called Bitcoin Gold.
sr. member
Activity: 672
Merit: 253
November 13, 2017, 01:06:34 PM
#80
 As the number of users increases in the market, it is necessary to make updates in Bitcoin system. The Bitcoin system will not enough in the future. Updates are a must. But it shouldn't be in the form of division, somebodies  try to division  Bitcoin. These new future investors are no use other than frightening. Honestly  I don't support Bitcoin's forks.
sr. member
Activity: 774
Merit: 250
November 13, 2017, 09:49:25 AM
#79
I did not understand at first the function of the fork, but with a little search, I've understand that it is innovative and beneficial. I see the fork as an upgrade and I think it is a good way to make many things better on bitcoin using.
Same here the bitcoin is really tough to get for the people who are not aware of the bitcoin functions now it has a lot of the features and the bitcoin is being more and more famous I can see the bitcoin is the number one currency because it has a lot of the change and the positive forks of the bitcoin. The bitcoin is now increasing in the future we will see that the bitcoin will increase the financial status.
I beleive why most supports bitcoin forks because it strenghten its system that will make fast every transactions. More likely bitcoin forks has its features ofcourse that it needed to implement. Yes this is also a good ways to make even better the bitcoin function.
full member
Activity: 334
Merit: 100
November 13, 2017, 09:43:34 AM
#78
I did not understand at first the function of the fork, but with a little search, I've understand that it is innovative and beneficial. I see the fork as an upgrade and I think it is a good way to make many things better on bitcoin using.
Same here the bitcoin is really tough to get for the people who are not aware of the bitcoin functions now it has a lot of the features and the bitcoin is being more and more famous I can see the bitcoin is the number one currency because it has a lot of the change and the positive forks of the bitcoin. The bitcoin is now increasing in the future we will see that the bitcoin will increase the financial status.
hero member
Activity: 1092
Merit: 501
November 12, 2017, 01:14:56 PM
#77
We need hard fork.

We need lower fees. We need shorter transaction times.

Only thing, that is keeping us back is lobby of BTC miners, that are currenctly happy with BTC fees.

That's funny because the Bitcoin Core team just decide to postpone the hard fork block size increase indefinitely.

BTC is only economically worthwhile if you are sending transactions of $70 or more (or roughly 0.01 BTC). Then the average tx fee is about 4%. This beats PayPal's tx fee of 5%, and Western Union's by even greater amounts. If you are trying to send less than that, I highly recommend switching over to DOGE, because the fee will ALWAYS remain 1 DOGE. Which is super effin' cheap btw.

Its just a bit of a pain in the butt because then you have to instantly cash out your DOGE  for BTC, and then BTC to your local fiat of choice.

I still firmly believe that every DOGE will have its day, even if inflationary rates remain a psychological problem for some.
The core dev team never intended to hard fork the network that was a decision taken by the miners by themselves in that famous New York Agreement they signed without the presence of a single core developer, and then the miners decided to call off the fork by themselves since they realized the community was not going to support them and this is why we have the current pump in the price of BCH and the current attack against bitcoin.
legendary
Activity: 1512
Merit: 1041
November 11, 2017, 01:14:12 PM
#76
I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I agree. With the previous fork that came, it only helped increase the value of bitcoin. The company that does these forks will generate currencies that aims to challenge bitcoin but instead promotes it at the same time strengthen its price. So let's keep them coming.
Fork always lead to the high prices and the example is in front of you that previous fork has given so much progress to this coin that it has already crossed $7.6k and investor like me who are willing to buy more and more they usually welcome fork to enhance their wallet and this thing is best about bitcoin that it goes down and then it move 50 steps up and if fork will happen now then the price in next day will be at 12k.
newbie
Activity: 40
Merit: 0
November 09, 2017, 11:41:51 PM
#75
I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
w
Not at all I am totally against in as it destablizes the marketand also destrengthens the most valuable currency in the cryptoworld.These segwits pull the markets towards a scenario which is generally not favoured by technicals but the beginners enjoy these only because of the free cash which they are unable to digest will be hampsering the cause movement associated with the Bitcoin.
full member
Activity: 196
Merit: 122
November 09, 2017, 11:40:26 PM
#74
Honestly every time forks happen i see the value of bitcoin increasing and feel that every time have fork my excitement is there because i do not wait to increase bitcoin value after the event and i can say that i will support every fork happen.
newbie
Activity: 64
Merit: 0
November 09, 2017, 11:36:09 PM
#73
I don't think so, and if bitcoin and block chaining are used together, it's going to be very powerful. Now many government departments are working with bitcoin, ETH docking project.
member
Activity: 105
Merit: 22
hero member
Activity: 1092
Merit: 501
November 09, 2017, 09:31:55 PM
#71
I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
I do not believe in any of the forks, bitcoin is fine as it is however I disagree with your interpretation of the forks, the forks were not made to make bitcoin stronger they were made to weaken bitcoin and to earn money that way but it has not worked, bitcoin is as strong as ever and the forks are not giving any sign that are going to become successful that is why the next fork was canceled.
sr. member
Activity: 1008
Merit: 297
Grow with community
November 09, 2017, 09:22:27 PM
#70
We need hard fork.

We need lower fees. We need shorter transaction times.

this is indeed what we want, however, do you think this can be done instantly? the cancelled fork has been identified as premature and full political ego's, doing closed door meetings and lack of security.

Quote
Only thing, that is keeping us back is lobby of BTC miners, that are currenctly happy with BTC fees.

Don't really know if you're not satisfied with the huge price increase taken up for the last couple of months, miners are not only happy here, don't be such in a greed.
Pages:
Jump to: