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Topic: Will a fork of Bitcoin ever take over? - page 2. (Read 496 times)

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
October 16, 2017, 09:02:55 PM
#14
Segwit2x has a chance, but I consider it pretty small.

For the Segwit2x fork to become "the Bitcoin", two things would need to happen:
1) The big backers of the NYA, Coinbase and Bitpay, force their users to use the Segwit2x coins by default.
2) A large majority of the hash rate - not 60 or 70%, but 85 or 90%, changes to the Segwit2x chain and causes the "Bitcoin Core" chain to slow down until it becomes nearly useless for transactions.

So basically, if F2pool really moves out of the agreement and one - even small - pool joins them, then Segwit2x will have already a hard time.

For all the other forks scheduled for this year, I see no chance. But there are definitively future hard forks that could be successful - those that have the support from most of the Core developers, miners and the economy.
hero member
Activity: 1834
Merit: 759
October 16, 2017, 08:55:32 PM
#13
That possibility cannot ever be discounted. What we know for sure, though, is that these forks are bad for the original Bitcoin. I'm not too concerned with Bitcoin Gold as I don't think it will gain a lot of traction, but the segwit2x fork has me a little worried. It has a lot of heavyweight backers, and is a legit threat to fracture the Bitcoin community. It's a serious cause of concern when you see people asking which Bitcoin will be the real one after the fork. At the moment, if any fork can take over, it would be the segwit2x one, just as any future forks with substantial improvements can.
full member
Activity: 560
Merit: 112
October 16, 2017, 08:31:13 PM
#12
For I don’t have much interest with fork coins the same way I don’t support it. I would not see a brighter “altcoin future” in this way and a result of forking. We all know what happened to bitcoin cash and this two coming fork will be the same. All are failing.
member
Activity: 105
Merit: 10
October 16, 2017, 08:28:36 PM
#11
It is possible a future of fork will take over bitcoin but these upcoming forks will not.
The real Bitcoin gets stronger though with every failed fork, don't they say what doesn't kill you makes you stronger?

I think it would take a real mess up by the BTC core dev team to let a fork takeover.  Pretty much safe to say Bcash has failed already.  Bitcoin Gold is a joke, B2X is the only one I could see having a shot.  If BTC isn't overtaken by B2X then chances are it never will be surpassed, by a fork of itself atleast.  Maybe another crypto coin will come out that overtakes BTC.
member
Activity: 88
Merit: 10
October 16, 2017, 08:17:30 PM
#10
It is possible a future of fork will take over bitcoin but these upcoming forks will not.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
October 16, 2017, 08:01:49 PM
#9
I just think and focus on bitcoin, I do not think of any other forks I'm not interested in other forks, bitcoin is the best place for me to invest, let alone bitcoin prices are always increasing, and bitcoin will still be the best.

Well the thinking here is that Bitcoin will always be the original, but if the entire community (I'd say supermajority) of the community decides that something has to be done to change Bitcoin, and they agree HEAVILY on all the specifics then the fork will takeover. I'd say it's also a given that ALL in the community support it, be it the Wallets, Exchanges, Miners, and so on and so forth. It's possible, though I just can't see it happening.

We cannot remove the possibility of one of these coins will take over bitcoin however there are factors that will make that happen, first is the support of the community. Once everyone decided to use say bitcoin cash rather than bitcoin then that will change the tide, bitcoin cash may take over bitcoin but the possibility of that happening is less reason for that is because bitcoin already established its grounds. Systems are good, there is a huge support of the community, entrepreneurs and investors are continually using bitcoin to transact. There are more establishments that accept bitcoin rather than alt coins. So yeah, chance of the other coins taking over bitcoin is pretty low.

Hey if the community wants it and supports it, it'll happen. Or they'll all just go to an altcoin.
full member
Activity: 504
Merit: 100
October 16, 2017, 07:59:47 PM
#8
I just think and focus on bitcoin, I do not think of any other forks I'm not interested in other forks, bitcoin is the best place for me to invest, let alone bitcoin prices are always increasing, and bitcoin will still be the best.
sr. member
Activity: 987
Merit: 289
Blue0x.com
October 16, 2017, 07:54:46 PM
#7
Now that there are going to be 4 different forks of bitcoin...

Bitcoin
Bitcoin Gold
Bitcoin Cash
B2x

What do you guys think the chances of one of the forks or even a future fork taking over the main market capitalization.  Maybe after these upcoming forks it will only strengthen bitcoin.  I think all of these forks are just cash grabs profiting off of the hype of the real beast.

Thoughts?


I think soo too. These segwit2xs just really seems to be only overrated schemes for profit. Specially bitcoin gold. which is pretty much a poor effort to make dollar bills as it seems to me. So over all, i think bitcoin will still remain Superior over others. Nothng beats experience amd bitcoin just has that. Not to mention its great history. I mean, who wouldn't respect bitcoin after all?
But hey, that's just me. Nothing's sure in the cryoto world anyways, so maybe or maybe not, who know?
But whatever the case I surely am still going to stick with bitcoins no matter what.
full member
Activity: 154
Merit: 100
October 16, 2017, 07:50:26 PM
#6
We cannot remove the possibility of one of these coins will take over bitcoin however there are factors that will make that happen, first is the support of the community. Once everyone decided to use say bitcoin cash rather than bitcoin then that will change the tide, bitcoin cash may take over bitcoin but the possibility of that happening is less reason for that is because bitcoin already established its grounds. Systems are good, there is a huge support of the community, entrepreneurs and investors are continually using bitcoin to transact. There are more establishments that accept bitcoin rather than alt coins. So yeah, chance of the other coins taking over bitcoin is pretty low.
member
Activity: 105
Merit: 10
October 16, 2017, 07:39:17 PM
#5
Now that there are going to be 4 different forks of bitcoin...

Bitcoin
Bitcoin Gold
Bitcoin Cash
B2x

What do you guys think the chances of one of the forks or even a future fork taking over the main market capitalization.  Maybe after these upcoming forks it will only strengthen bitcoin.  I think all of these forks are just cash grabs profiting off of the hype of the real beast.

Thoughts?

What do you mean B2x? This is the first time I ever heard that coin. Is that coin would be a result of another fork? I only knew bitcoin gold. Bitcoin gold or BTG is the newly forked bitcoin this October. Particularly October 25. Well in forking bitcoins, the market cap is still the same as bitcoin that is why it has the capability in getting the attention of the crowd thus climbing the coinmarket top 10.

B2X is Bitcoin with Segwit2x.  I believe the fork will happen on Nov 18th.  

"During the month of November 2017, approximately 90 days after the activation of Segregated Witnesses in the Bitcoin blockchain, a block between 1MB and 2MB in size will be generated by bitcoin miners in a move to increase network capacity. At this point it is expected that more than 90% of the computational capacity that secures the bitcoin network will carry on mining on top of this large block."
full member
Activity: 322
Merit: 100
October 16, 2017, 07:38:06 PM
#4
I think bitcoin gold will be able to compete with bitcoin, but it still takes a very long time.
Bitcoin Gold has a superior specification in comparison to Bitcoin, this is a threat to all altcoins in the global market.
full member
Activity: 266
Merit: 103
October 16, 2017, 07:15:48 PM
#3
There is a possibility but it's not likely. Seeing as how many exchanges have BTC as the default currency of trade, Even with ETH being the runner up of BTC you will notice that the markets are significantly smaller. It would take a lot of time, it's not something that would immediately come into effect after a fork so it isn't quite concerning for those who are long term investing.
sr. member
Activity: 840
Merit: 268
October 16, 2017, 06:53:01 PM
#2
Now that there are going to be 4 different forks of bitcoin...

Bitcoin
Bitcoin Gold
Bitcoin Cash
B2x

What do you guys think the chances of one of the forks or even a future fork taking over the main market capitalization.  Maybe after these upcoming forks it will only strengthen bitcoin.  I think all of these forks are just cash grabs profiting off of the hype of the real beast.

Thoughts?

What do you mean B2x? This is the first time I ever heard that coin. Is that coin would be a result of another fork? I only knew bitcoin gold. Bitcoin gold or BTG is the newly forked bitcoin this October. Particularly October 25. Well in forking bitcoins, the market cap is still the same as bitcoin that is why it has the capability in getting the attention of the crowd thus climbing the coinmarket top 10.
member
Activity: 105
Merit: 10
October 16, 2017, 06:43:56 PM
#1
Now that there are going to be 4 different forks of bitcoin...

Bitcoin
Bitcoin Gold
Bitcoin Cash
B2x

What do you guys think the chances of one of the forks or even a future fork taking over the main market capitalization.  Maybe after these upcoming forks it will only strengthen bitcoin.  I think all of these forks are just cash grabs profiting off of the hype of the real beast.

Thoughts?
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