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Topic: Is a hard fork good or bad? - page 4. (Read 18561 times)

jr. member
Activity: 322
Merit: 2
January 06, 2019, 05:31:17 PM
#46
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?
Investing in a hardforked coin will depend on the stability of the original coin before the splitting. It can sometimes bring in good profit when the new coin starts to grow.
sr. member
Activity: 1022
Merit: 264
January 06, 2019, 05:15:29 PM
#45
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?

Usually it rises , because if you buy / mine and hold tokens/coins before hardfork then you will get new coins on new blockchain compared of how many you was holding before hardfork . I don't see forks to be sucesfull , and see no point of doing them . Only when there is major breach in code
jr. member
Activity: 336
Merit: 1
A nexgen decentralized ride hailing
January 06, 2019, 05:14:20 PM
#44
I think the fork need to say when will come the coins and get to know the team and what they going to do with it , just had a lot of forks and they all ended not successfully!
sr. member
Activity: 756
Merit: 250
January 06, 2019, 05:14:09 PM
#43
It depends on a variety of different factors. First of all, hardfork split the coin community and it is a bad sign for every crypto currency. But an upcoming hardfork pushes the coin price and helps to make great profit.
As far as I understand, we expect 2 hardfork etherium. First of all we are talking about ethereum Classic Vision, which is not official. This is most likely a split from the official team. And now we have to judge for ourselves the prospects of one and the other coins.
full member
Activity: 784
Merit: 100
January 06, 2019, 05:13:15 PM
#42
I do not know, but I want to get this coin and therefore transfer to my wallet those Ethereum coins that I have. I think that the price is likely to rise only to $ 180, and then will fall to $ 140.
copper member
Activity: 224
Merit: 0
January 06, 2019, 05:02:35 PM
#41
It depends on a variety of different factors. First of all, hardfork split the coin community and it is a bad sign for every crypto currency. But an upcoming hardfork pushes the coin price and helps to make great profit.
jr. member
Activity: 420
Merit: 3
January 06, 2019, 04:16:48 PM
#40
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?
There is always a reason for every fork that is done. So it is to have a better result, which means you should get better reward.
Even if the price dumps, in the long run, it will still rise, because the upgrade will pave way for mass adoption.
You just need to ensure that you get a good coin, whose fork is intended.
You should also be the one to decide whether to sell or not.
sr. member
Activity: 1246
Merit: 306
C U
January 06, 2019, 01:45:45 PM
#39
A Hard Fork is an action done by a coin's team to change or to create an enhanced chain of its own blockchain.. i thi k its mainly used to help raise the network scaleability to maintain a safer blockchain and a faster transactions emission. The forks then are providing a good enhancements into the main projects so i can say that they will have an effect of the project so it can drive a pump or a dump.. who knows?
legendary
Activity: 2100
Merit: 1058
January 06, 2019, 01:44:09 PM
#38
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?
There are 2 types of hardfork a project may undergo. First one is, implementing a new feature which is really a head ache because we are going to use the same environment hence sometime backward compatible will be missed out. In that case, people need to swicth over to new version compulsorily. Otherwise we will have 2 coins with same features.

Another type of hardfork is just imitating a existing system and re-creating based on the balances and features. BCH is a good example here. I guess there will be no big head ache of this type of hard fork as it is switching over to a new system hence no worry on backward  compatible or anything similar to that.
newbie
Activity: 42
Merit: 0
January 06, 2019, 01:34:04 PM
#37
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?

The crypto space is awaited for one of the biggest and first forks of 2019. It would definitely have a huge impact on the ETH price, as it is happening to transform ETH into an updated version, which helps it to grow. We may expect that Ethereum price going high and the other cryptocurrencies might suffer a downfall for a short period of time during hard forks. Ethereum rose by around 85% over three weeks time.

We have seen similar happenings during or before Bitcoin Cash hard fork, wherein the other cryptocurrencies suffered for quite a bit of time. It is hard to predict the long-term impact of a hard fork and its evident that ETH is in a very critical phase now, as its going through a significant transition phase.

Read more about Hard Fork:
https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks
member
Activity: 448
Merit: 10
January 06, 2019, 01:33:28 PM
#36
I think that is very good for the coin. After all, it is done to improve the network, not to worsen. Therefore, the price of a coin is growing at a good pace.
full member
Activity: 1024
Merit: 100
January 06, 2019, 12:51:37 PM
#35
at this time I was less interested in Hardfork. what's more, this time Harfork ethereum seems to be forced. imagine there are 3 hardforks that will happen this month, isn't that very absurd. even though the 2 hardforks are not official, but still it is very strange.
hero member
Activity: 3024
Merit: 651
January 06, 2019, 12:27:42 PM
#34
It will depend on what the conclusion will be.
There are instances that after a hard fork a bug comes out and it scares the hell out of new investors causing a slight panic.

But it can also be a good thing since everyone will try to add more of the coin that will be forked coz they want to receive a higher number of the new coin that will be released. One example is BCH.
member
Activity: 280
Merit: 12
January 06, 2019, 12:18:22 PM
#33
if you look at it from hardfork experience especially, forks are very good for price developments. every hardfork price will definitely increase. but not all hardfork ended well, like yesterday's hardfork bitcoincash which made the market worse. because of the selfishness of one or two people.

Normally hard fork happens only to see a price change and this time I think the result will be positive when compared to the current market position as day by the ETH value is increasing is a good sign and hopefully this will end with a positive sign.
full member
Activity: 644
Merit: 101
January 06, 2019, 12:16:08 PM
#32
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?

in my opinion, there are some hardforks that have successfully raised prices. but there are some hardforks that seem less successful. we can see NEX-ignis, btc-bitcoin diamond, or even bitcoin cash - bitcoin SV.  in my opinion, some hardforks are less successful, and can't increase prices.
full member
Activity: 384
Merit: 100
January 06, 2019, 12:12:28 PM
#31
Maybe hardfork is more on something good and fixing it. If we talk about Hardfork ethereum, which according to the news will occur in the middle of this month, I think this time will bring quite good news. We can see the ethereum condition for a few days. But you can and may also assume another.
full member
Activity: 513
Merit: 100
January 06, 2019, 12:07:55 PM
#30
if you look at it from hardfork experience especially, forks are very good for price developments. every hardfork price will definitely increase. but not all hardfork ended well, like yesterday's hardfork bitcoincash which made the market worse. because of the selfishness of one or two people.
member
Activity: 279
Merit: 11
January 06, 2019, 11:56:22 AM
#29
Usually, it is good. But it would be bad if the scammer wanted to take advantage of the hard fork to scam, the Hard fork would make the new cryptocurrency work better than the old cryptocurrency if developed properly.
member
Activity: 280
Merit: 10
January 06, 2019, 11:54:03 AM
#28
In my opinion, it's not a very good thing. As a result, mining power is reduced. Of course, on a side of the rotten apples can be evaluated as a good screening.
member
Activity: 377
Merit: 10
January 06, 2019, 11:52:17 AM
#27
When a coin moves forward to a hard fork is it for good or is it for bad? do you think that its price will rise or fall ? would you invest on a coin that has done hard fork? and what would you do if you own a coin that has announced a hard fork? would  you sell it or not?

I remember for some time when there was a hard fork on Bitcoin and it pumps so high that it got to the peak, but I guess it won't work like that right now.

Yes last time the hard fork on BTC was over the moon and this time it is happening again is at least there will be a satisfied value from now it is being, a change is desperately needed as this is what everyone expects.


When the hard fork BTC was very interesting, it made the bitcoin holders more attractive, but after the hard fork BCH there was a split and the market was very alarming. It's actually a pomegranate if this happens again, but for ETH, it hopes to give positive things to the market and crypto.
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