Topic: How many Forks will come in next 5 months? Is forks are good for bitcoin? (Read 251 times)

I can not predict for the next 5 months how many forks will happen. because it is the work of the system to update the application.
usually we will get a notification via vip bitcoin if it will happen fork.
certainly fork affect the price of bitcoin, usually bitcoin will go down, but not down drastically. at most little. keep in mind that that makes the bitcoin price down not just fork. but many other causes can make bitcoin prices down.

bitcoin adoption and price, that is up

currently there are at least 4 altcoins scheduled to be created in December (this month). and as we go on, there will be a lot more. possibly even 50 in the following couple of months. but soon enough they will all die and disappear and this form of forking bitcoin will be forgotten specially since starting from a 150 GB blockchain is very hard!

forks like these (bitcoin Diamond, silver, ...) are bullshit, they won't have any effect on bitcoin. nobody even cares about them. the coins were distributed 1:100 for each bitcoin and that shit is worth about 30000 satoshi after a massive pump. these things can not even put a dent in bitcoin price.

The first Bitcoin hard fork (well it's technically not the first one but I guess it's the first one you ever heard about) had a lot of attention and a lot of people talking about it. It was even regarded as the reason the price of btc went down just before the fork happened as they feared that btc was going to get dumped or anything similar.

But was happened was the complete opposite. After the fork, btc started going up in price so a lot of people gained back some trust and started buying back in. Simultaneously bitcoin cash was going up as well. It kept gaining value and that's the time everyone took the decision that a fork is actually worth it as it's free money.

Then came bitcoin gold with the exact opposite. People learned from their mistakes and actually instead of selling, they all bought btc just for the fork. And it actually paid off as it kept going up to $400. But right now, they turned into some kind of joke/trend. Remeber the erc-20 token trend ? Kinda the same thing. Announcing so many forks that are mainly money grabs and nothing more hoping that the inclusion of the word "bitcoin" in their names will get them some money. They're no longer useful or worth it and actually the community understands that very well and don't care about them any more.

There are no upcoming Bitcoin forks that are worth your time. But you can rest assured that there will be many shitcoins created by hard forks that will have no effect on Bitcoin and its price whatsoever.
Forks are important because it allows anyone to make changes to the Bitcoin protocol as long as there is enough support. Obviously no fork thus far has gathered enough consensus to be really impactful and/or replace Bitcoin.

It's also not possible to know how many forks there will be because there might be some that haven't been announced yet.

What's up everyone?

Actually i want to know that how many Forks will come in next 5 months? 3 or 5 or more? Now, Bitcoin price almost 15k usd, if forks happen then will bitcoin dump highly? I mean is forks are bad for bitcoin price?

Please answer me. Thank You