Topic: What will all these forks do in the long run with Bitcoin? (Read 1190 times)
I think, raising the price of bitcoin and holding bitcoin shards like BCH, BTG, is more profitable. BCH is a nice bitcoin shoot, has a fast growth. BTG growth is slow but has a good plan.
fork happen because bitcoin code is open source
so everyone can make their own bitcoin version
and I dont think any of the bitcoin forks will solve the bitcoin problem except Bitcoin Cash
so everyone can make their own bitcoin version
and I dont think any of the bitcoin forks will solve the bitcoin problem except Bitcoin Cash
There are more and more forks coming up of Bitcoin originally thought it wasnt good for bitcoin but now I am re thinking that because of how everybody functions when these forks come around I imagine that one of the forks will eventually come out as the dominant blockchain.
it seems BCH is on the run to takeover BTC in the long term vision.. If i open my twitter all i can see is advocates of Bitcoin Cash ...
Seems this was the biggest pump&dump i've seen up to now.
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
You have to face the fork. Making money on internet isn't easy. You have to face many many problems in order to gain something. Obviously every fork can damage the bitcoin price. But most of them are useful like when the fork come people start buying it and hold them until the price go up. So sometimes its gives benefits to us
it seems BCH is on the run to takeover BTC in the long term vision.. If i open my twitter all i can see is advocates of Bitcoin Cash ...
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
You have to face the fork. Making money on internet isn't easy. You have to face many many problems in order to gain something. Obviously every fork can damage the bitcoin price. But most of them are useful like when the fork come people start buying it and hold them until the price go up. So sometimes its gives benefits to us
To overcome the complications the forks happen and this also provides path for an understanding about the real potential of bitcoin. In the long run these coins that keep bitcoin as the base and exist too grows in value providing path for the trading possibilities with new pairs.
I originally thought it wasnt good for bitcoin but now I am re thinking that because of how everybody functions when these forks come around. Everybody wants the free money but what they dont realize is the rest of the
industry gets hurt and the overall image gets damaged when this happens. If I had my way I would abolish these useless forks they are a big money grab by a small group of greedy people, at least thats how it seems to me
industry gets hurt and the overall image gets damaged when this happens. If I had my way I would abolish these useless forks they are a big money grab by a small group of greedy people, at least thats how it seems to me
I do agree with you on this statement. To me bitcoin will suffer eventually.. new people coming to bitcoin already have it very difficult and with all these forks they will only make it more difficult
So it seems some miners wil go through with the X2 fork anyway..
I've read something about 30% off the miners which will do it ?
I've read something about 30% off the miners which will do it ?
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
What these forks are doing is severely undermining the public trust in bitcoin. Hell, im eyeing ETH myself with all this uncertainty. The public can barely wrap its head around bitcoin in its current state, adding the complexities of "forking", especially this much forking, kind of undermines the entire "welcome to bitcoin" conversation. and this is showing the world we cant make out damned minds up. observe the current segwit debacle. how do think this looks to people that are just learning about bitcoin, or even casually hear about it for the first time?
Normally, all this fork has nothing to do with bitcoin, but it affect bitcoin price indirectly due to people tend to buy more bitcoin in expect for free altcoins air drop from all of those hard forks which give us more profits. But, marginalize bitcoin? I don't think so, none of those hard forks or others altcoins could harm bitcoin price, instead of the rise of bitcoin prices causes a decrease of the price of altcoins.
So far, there are 2 factors which affect bitcoin price significantly, problem with exchanges (hacked) and government regulations regarding cryptocurrency, that's all that matters.
So far, there are 2 factors which affect bitcoin price significantly, problem with exchanges (hacked) and government regulations regarding cryptocurrency, that's all that matters.
I don't think forks cause the bitcoin price to fall.
Did the price fall after Bitcoin Cash and Bitcoin Gold forks? And now what is happening now while we are approaching Bitcoin Segwit2x fork?
Did the price fall after Bitcoin Cash and Bitcoin Gold forks? And now what is happening now while we are approaching Bitcoin Segwit2x fork?
A lot of people have pointed this out. I'm not sure it's a useful comparison. For one thing, no two market conditions are the same. It's likely that the market was in a very different place (due to lots of variables) when the Bitcoin Cash and Gold forks happened. For example, BIP91 had just saved the ecosystem from a potentially painful chain split and locked in Segwit -- reason to rally. Bitcoin Gold happened right in the middle of a parabolic rise. Are these the same conditions that will exist for Segwit2x in 2+ weeks? I'm not so sure.
The other thing is that both the Cash and Gold forks were treated by everyone as altcoins. Major businesses and miners and considering Segwit2x an "upgrade" with plans to eventually abandon support for the minority hash rate chain. That's a very different animal.
That depends on thr community if they continue to use bitcoin but if they were then the price will be bullish again and might reach new highs the other forks will only be airdrop coins that will benefit bitcoins price value to increase. For me i would still choose bitcoin because it has proven itself to be a safe haven for investment.
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
Forks are painful for bitcoin. But its give some benefits to buyer. Most of user start buying bitcoin when the fork come. The forks decrease the price of bitcoin but increase the number of buyers. But not all fork are useful. If it happening people start losing there interest on bitcoin , can maybe leave bitcoins.We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
I don't think forks cause the bitcoin price to fall.
Did the price fall after Bitcoin Cash and Bitcoin Gold forks? And what is happening now while we are approaching Bitcoin Segwit2x fork?
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
Forks are painful for bitcoin. But its give some benefits to buyer. Most of user start buying bitcoin when the fork come. The forks decrease the price of bitcoin but increase the number of buyers. But not all fork are useful. If it happening people start losing there interest on bitcoin , can maybe leave bitcoins.We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
We will see in the end.. Bitcoin is now going up up up .. but it will correct soon..
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
Forks are painful for bitcoin. But its give some benefits to buyer. Most of user start buying bitcoin when the fork come. The forks decrease the price of bitcoin but increase the number of buyers. But not all fork are useful. If it happening people start losing there interest on bitcoin , can maybe leave bitcoins.We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
This question is another no go.
Why does my teeth hurt, when I dont clean them,
and why does the infection spread all over my body,
and why am I dying in the end?
You are asking what a causal reason could have for effects?
Well the word "causal" does bear the effect. Its appearance is directly related,
to a circumstance causing it.
Forks are directly related to a problem, which is immanent to BTC.
BTC has become a big belly fat arsed giant, much too slow for lots of transactions,
which are very crucial for a internet currency.
That is the symptom.
The diagnosis is giving it more transaction speed.
those BTC forks, like Bitcoin Cash are those attempts for a cure.
An attempt to bring relief, so BTC won't die.
But the patient is mentally ill. schizophrenic. mulitple personalities.
He doesnt know what is right or wrong for him.
Why does my teeth hurt, when I dont clean them,
and why does the infection spread all over my body,
and why am I dying in the end?
You are asking what a causal reason could have for effects?
Well the word "causal" does bear the effect. Its appearance is directly related,
to a circumstance causing it.
Forks are directly related to a problem, which is immanent to BTC.
BTC has become a big belly fat arsed giant, much too slow for lots of transactions,
which are very crucial for a internet currency.
That is the symptom.
The diagnosis is giving it more transaction speed.
those BTC forks, like Bitcoin Cash are those attempts for a cure.
An attempt to bring relief, so BTC won't die.
But the patient is mentally ill. schizophrenic. mulitple personalities.
He doesnt know what is right or wrong for him.
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
It will be in different stages
First people will rush to buy bitcoin to get free coins.
Then we will have so many airdrops the forks will be worth cents..
And at last all these jokes will end just like the clone mania did in 2014.
And then we will have a new toy to play with.
Until today, Bitcoin forks, BCC and BTG, have added more value to Bitcoin, as opposed to those who think negatively about forks. To raise Bitcoin, there are those who think that fake opponents have been brought against Bitcoin, which is not an illogical thought, I think. Segwit fork is not a division but a good update and I think that will extend Bitcoin's life.
It's not the coins that added value.
It is pure speculation. The value of bitcoin was always there why do you think it is growing right now? Of you believe it's because of the segwit fork and free coins why did it go down a week ago?
Forks are just alts that will have their week of fame and will fall back into darkness.
How many transactions per day does Bitcoin Cash have?
Hmm bitcoin cash is a strange one.. there are a lot of big names which are backing up this fork. For now it's still not worth a lot. But it could become much bigger.
Bitcoin Gold is nothing special.. For the segwit one .. i haven't done enough research yet to give an statement.
There are more and more forks coming up of Bitcoin.
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
We had BCC, now BTG, then segwit, i've seen other bitcoin fork threads popping up today as well.. What will this eventually do to bitcoin? Keep driving the price up or marginalize bitcoin?
It will be in different stages
First people will rush to buy bitcoin to get free coins.
Then we will have so many airdrops the forks will be worth cents..
And at last all these jokes will end just like the clone mania did in 2014.
And then we will have a new toy to play with.
Until today, Bitcoin forks, BCC and BTG, have added more value to Bitcoin, as opposed to those who think negatively about forks. To raise Bitcoin, there are those who think that fake opponents have been brought against Bitcoin, which is not an illogical thought, I think. Segwit fork is not a division but a good update and I think that will extend Bitcoin's life.
It's not the coins that added value.
It is pure speculation. The value of bitcoin was always there why do you think it is growing right now? Of you believe it's because of the segwit fork and free coins why did it go down a week ago?
Forks are just alts that will have their week of fame and will fall back into darkness.
How many transactions per day does Bitcoin Cash have?
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