Topic: Is Forks are helpful For Bitcoin? If forks happen then will price go up? - page 2. (Read 343 times)
December 12, 2017, 02:15:45 PM
If the transaction speed will increase, forks will be helpful, definitely. But if there will be some kind of mistake, I don't know.
December 12, 2017, 02:12:09 PM
Not all forks are good for bitcoin, most of the forked coins were created by bunch of greedy guys who don't have innovative mind and just like to clone other's work.
If there will be huge hype around some forks than people might buy bitcoin to just sell both forked coin and bitcoin after fork so such pumps might not be stable.
If there will be huge hype around some forks than people might buy bitcoin to just sell both forked coin and bitcoin after fork so such pumps might not be stable.
December 12, 2017, 01:53:07 PM
But why these forks are happening?
In the case of BCH, it was because they preferred to send coins with a larger blocksize.In this case, it's because greedy developers saw earlier forks' success and thought they'd try to ride off their popularity, with a hefty premine of course. Generally, there's no serious merit to this.
If forks happen then will bitcoin price go up more than now?
Hard to say. If it's significant, FUD about BTC being "overtaken" could push the price down, but the combined price would probably be higher. If it's insignificant, you could view it as a free altcoin which you receive. December 12, 2017, 01:22:11 PM
Even me a little worried about the Bitcoin Forks since last four days the bitcoin price is fluctuating and wobbles. Seems definitely like a bubble. 
December 12, 2017, 01:20:11 PM
I Heard about bitcoin forks, and 5 forks will come soon. But why these forks are happening? Is it good for bitcoin price? If forks happen then will bitcoin price go up more than now?
Please kindly give me info about It. Thank You, Everyone.
Have a good day
Please kindly give me info about It. Thank You, Everyone.
Have a good day
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