Topic: Do you support Bitcoin Forks? Why??? - page 3. (Read 1146 times)
I do because by principle Bitcoin is open-source and the software is meant to be tested, challenged, refuted, debated. Without it being open-source it would be subject to corruption and shadow influence or intentions. I also believe these hardforks have made Bitcoin stronger it's like a scorpion molting, it's hard and laboring process but in the end it comes out prettier and eventually stronger than before.
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.
Fork has actually good benefit, it helps to make bitcoin fix bugs and errors. Thus, it stabilizes bitcoin's system. Bitcoin is ever changing and fork is one mean of making things okay. We have encountered forks from the past and expected to see more. What's just good about it is that we see that bitcoin is continually developing and no one can compete over it even the coins that split. Leta just look on the good side fork is offering like free generated coins.
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.
Fork has actually good benefit, it helps to make bitcoin fix bugs and errors. Thus, it stabilizes bitcoin's system. Bitcoin is ever changing and fork is one mean of making things okay. We have encountered forks from the past and expected to see more. What's just good about it is that we see that bitcoin is continually developing and no one can compete over it even the coins that split. Leta just look on the good side fork is offering like free generated coins.
Why should I not support forks as long as it is necessary? If you do not agree with the way things are done, then FORK off. That is the way it has been designed. It is more like welcoming a new innovation incase there is a huge disagreement on one, which seems OK to me for development.
Though it is always kind of messy sometimes, but looking at the brighter side, you know where your support lies for the chain you prefer and you are not stopped from enjoying the benefits of the other chain.
Though it is always kind of messy sometimes, but looking at the brighter side, you know where your support lies for the chain you prefer and you are not stopped from enjoying the benefits of the other chain.
i will support bitcoin no matter what, because it helps me alot
In general the system needs fork to develop itself, it is never ending process, we had a several in the past and we will see many in the future.
I do not think that it is technical necessity, it was created by the creatures of this ecosystem.
I do not think that it is technical necessity, it was created by the creatures of this ecosystem.
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.
At the moment, we dont have any choice but to full support it simply because this is the only way to upgrade and to improve the system of blockchain transactions in which the SegWit2X is aiming for a better digital transactions avoiding the current long processing delayed. If the segwit2x will become a successful event this will reduce the traffic and if possible our bitcoin transactions result will now be in instant.
For now I don't support Bitcoin Forks.
I don't know if it will last.
Forks as it is can not be like the main bitcoin.
I don't know if it will last.
Forks as it is can not be like the main bitcoin.
What value do these forks add to Bitcoin?
1. It generates Free coins for owners of BTC
2. It serve as a test area for new features in a live environment.
3. It gets rid of people who does not support BTC
4. When these coins fail, people sell their Alt coin and buy BTC again.
5. It generates new innovation that can be used in the original version of BTC.
So there are some benefits from these forks, and for me the first benefit is the most important one. I get free BTC from these forks. ^smile^
1. It generates Free coins for owners of BTC
2. It serve as a test area for new features in a live environment.
3. It gets rid of people who does not support BTC
4. When these coins fail, people sell their Alt coin and buy BTC again.
5. It generates new innovation that can be used in the original version of BTC.
So there are some benefits from these forks, and for me the first benefit is the most important one. I get free BTC from these forks. ^smile^
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.
Yes of course I will support it as long as it is for the good of the system like for security upgrades, for faster and lower transaction fees so on and so forth. Another one is that it gives us free money through our wallets that holds Bitcoins before the fork will have to happen. It also is a factor that will affect the price to skyrocket and make another all time high on the market while altcoins that time are bleeding. I think if there will be hard fork happening every two or three months I am sure that some altcoins will die due to a massive dump most especially those undervalued coins in the market. 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 think that this is an important process in hardening BTC as a currency against would-be attackers. This isn't the last contentious fork ahead of us; the corporate backers of Segwit2x want dozens or even hundreds of capacity upgrades much larger than 8MB. They are done testing the waters with things like Bitcoin Classic and are making their move now.
It's important that the community keeps its resolve, that users run their full nodes, and let it be known that the economic majority can't be hijacked by a few big companies and a majority of the hash rate. As long as the legacy chain emerges the winner here, I think you're right.
And for people who don't give a damn about the technology and just after money, well you get FREE coins after every fork.
So its a win-win for all.
There are many reasons exist I support Bitcoin Forks.Firstly When hard fork is started then Bitcoin price is start very increasing & in this time Bitcoin holder to get huge money.So specially i like this fork.Secondly hard fork is very important to keep strong Bitcoin.
Yes, I agree all Bitcoin or other coins forks when that fork is part of necesary improvement of the current technology in any cryptocurrency.
There are corrections made in crypto, most of the time it helps in making transaction fast by increasing blocks, the more new users adapts it , it gives also a great impact on the operation of transactions.Technology needs some improvements and no exception with cryptocurrency. I know that such improvement will make side effects but at least with forks we know that bitcoin development isn't dead. It is evolved for the better use.
I do not believe that the future forks of Bitcoin can generate any currency of value.
Do you know how much the value of bitcoin cash now? It has real value and many are supporting it then but those people are the ones that are not satisfied with bitcoin especially the miners that are looking for lesser difficulty.
They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
It's disrupting the market by letting investors and miners choose what coin they really want to but the majority are staying to bitcoin legacy. It's helping the price to pump since to have these fork coins you must have some bitcoin.
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.
It will be boring if no one challenge bitcoin. And challenging bitcoin is good in a way where more people will be convinced that bitcoin reigns supreme.
Investors panic. bitcoin down. That is the purpose of the whale. And that will help whales make more money
One thing people are pretty worried about is sewgit. Whales will create chaos the way it did on August 1. investors panic. bitcoin prices dropped
Because usually people will look for profits when hardfork takes place. But if look at hardfork that occurred in the last month the price of bitcoin do not go down and maybe make a lot of people disappointed.
Saying Bitcoin Forks is too broad. Forks should be a good thing because they're basically aimed at making an existing technology better. It has only received a bad name because of all these lame attempts as cash grabs, and some part of the community has even basically dismissed it as free money via airdrops.
If they're done in good faith with the proper support and consensus, I don't see any reason not to support it. I don't care for forks like Bitcoin Gold because they're basically irrelevant cash grabs. I wouldn't support forks like the upcoming Segwit2x because they're aiming to disrupt the status quo by taking over the main chain with hostility; no single entity should be able to decide Bitcoin's future.
If they're done in good faith with the proper support and consensus, I don't see any reason not to support it. I don't care for forks like Bitcoin Gold because they're basically irrelevant cash grabs. I wouldn't support forks like the upcoming Segwit2x because they're aiming to disrupt the status quo by taking over the main chain with hostility; no single entity should be able to decide Bitcoin's future.
Yes, I agree the Bitcoin or other coins forks when that fork is part of necesary improvement of the current technology in any cryptocurrency. Some forks are necesary to make the Btc or other cryptocurrency better.
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