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Topic: Why is Bitcoin the predominant one among forks? (Read 5991 times)

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November 29, 2017, 01:33:21 AM
#83
This thread is just becoming a place for people to spam. AFAICT, little to no meaningful discussion is happening here, so it is being locked.
hero member
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Why is Bitcoin the predominant one among different forks, such as Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X?

Is it because Bitcoin is the most original one? Does it have to do with its price? Or does it have to do with its broad, generic name? Or because it's more widely adopted by many companies? In other words, is there some sort of complicated blockchain technology that will always make the Bitcoin most predominant one among different forks regardless of any circumstances? Is it theoretically possible for forks like Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X to be more predominant than Bitcoin in the future? I don't know much about blockchain technology and I wonder if it's ever related to the fact that Bitcoin's the most predominant one.
because bitcoin is tried and tested,after what bitcoin lassed all
Over the years,i think bitcoin deserves such trust and faith.and talking
About those fork?look had they done to the community those fork only
Commits for themselves or they're own interest but not for the sake of the
community.and what ever fork may come still nothing can defeat bitcoin
From being dominant
member
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Since the first bitcoin exists than others, bitcoin development is more dominant than Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X ..
most people trust bitcoin rather than bitcoin Cash etc, because no doubt its development compared with bitcoin cash etc which is new ,,,
full member
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And many issues regarding those forks has been claim ever since, if you think of a person who doesn't much know about the cryptocurrency but does have a little knowledge on it, when he/she invest in crypto it always goes to bitcoin because of popularity, i think there is not much explanation on it.
full member
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Why is Bitcoin the predominant one among different forks, such as Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X?

Is it because Bitcoin is the most original one? Does it have to do with its price? Or does it have to do with its broad, generic name? Or because it's more widely adopted by many companies? In other words, is there some sort of complicated blockchain technology that will always make the Bitcoin most predominant one among different forks regardless of any circumstances? Is it theoretically possible for forks like Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X to be more predominant than Bitcoin in the future? I don't know much about blockchain technology and I wonder if it's ever related to the fact that Bitcoin's the most predominant one.

Being the original and first cryptocurrency would also do with Bitcoin's dominance. As it was more trusted now by more people, bitcoin's popularity continues to grow and the investors bad experiences upon investing forks leaves a lesson to every one not to easily invest in it again.As we have seen on the chart,  https://coinmarketcap.com/ it is loud and clear that bitcoin easily recovered even on the presence of hard forks and have proven its worth as the predominant coin among all those forks.
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Why is Bitcoin the predominant one among different forks, such as Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X?

Is it because Bitcoin is the most original one? Does it have to do with its price? Or does it have to do with its broad, generic name? Or because it's more widely adopted by many companies? In other words, is there some sort of complicated blockchain technology that will always make the Bitcoin most predominant one among different forks regardless of any circumstances? Is it theoretically possible for forks like Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X to be more predominant than Bitcoin in the future? I don't know much about blockchain technology and I wonder if it's ever related to the fact that Bitcoin's the most predominant one.

For me bitcoin is the predominant one it is because bitcoin is already old and survive all the crashes and and because of this bitcoin really grew and become popular among other forks and the trust begin to to develope
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A coin is only valid when others spend money on it, and as you can see there are a lot of people who give up their bitcoin.
sr. member
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I think its because BTC is an old stable currency, and people trust it more than to any other cryptocurrency

Bitcoin is a crypto currency that lives in the cyberworld which decentralization is occurring. Way back 2009, its value is not high as much as todays value ,many trials and struggles that the bitcoin experienced. From ups and downs bitcoin continue to survived until now that's why it is predominant crypto currency among others. Its already proven and tested from all the difficulties comparing from other crypto currencies. Today and in the future bitcoin will still a trusted and dominant crypto that will always demand in the society and soon throughout the country.
hero member
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I think its because BTC is an old stable currency, and people trust it more than to any other cryptocurrency
newbie
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Simple, bitcoin is the father and is the first crypto ever made, is hard to beat him just because the speculation on him is too big to be compared with other coins.We will see in next future.
newbie
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Insert Quote
The reason is not far fetched,Bitcoin has stood the test of time and is now widely accepted by most merchants,hence the increase in it's volume notwithstanding some of it's weaknesses.
newbie
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Bitcoin at the moment is the best and most reliable crypto currency. People do not trust the other crypto currency. Personally, in addition to bitcoin, I also use bitcoin gold)
full member
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Bitcoin has been around for many years and then people will switch sides instantly after forks? Those bitcoin imitations should prove their worth first.
newbie
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Because the bitcoin is now strong enough to create a good brand, he is the market leader and others are currently followers and imitators
:wq
copper member
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Bitcoin has the highest market cap, and therefore would be considered the one that's been adopted the most. Therefore its safe to assume that its the best for a reason. With that knowledge then its only common sense that people would try to fork the best product to try and create a better version.

I also don't think its safe to assume that it is the most forked, but I also haven't checked any facts to say otherwise.
newbie
Activity: 33
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Probably because it's most accepted by community.  With regards to forks, satoshi had a solution:  The chain with the most work done on them should be the predominate one.

BTC has by far, the most work (PoW) done on it.  The problem with this is that - the other forks are still having some value and as a result, are still active chains.

This is very fracturing for the community.  They should stop the forkings
member
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Everybody has their own way of wanting Bitcoin to work. It is not updated as much as it should be and people try to capitalize off of this by forking.

They can fork the source code not the chain.

The most possible reason is that forking BTC will give them most profits.
member
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Everybody has their own way of wanting Bitcoin to work. It is not updated as much as it should be and people try to capitalize off of this by forking.
newbie
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-----BEGIN PGP SIGNED MESSAGE-----
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@The_Dark_Knight: So what is the definition you'd like to see used:

1. The original chain is the one that does not make backwards-incompatible changes to their source code, or:
2. The original chain is the one that is supported by (the majority of) the current core developers.


For Bitcoin, we might use (1) or possibly either one, but for Ethereum, it is very clear that (2) has happened in the past with the big DAO-fork (resulting in Ethereum Classic).

~Wiebe-Marten
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