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Topic: Without Hardfork, what is the true value of Bitcoin now? - page 2. (Read 253 times)

legendary
Activity: 2842
Merit: 3536
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I personally tend to think of Bitcoin's "value" in terms of permissionless freedom and censorship resistance.  As such, hardforks don't detract from any of the qualities I value.

If you're talking about guessing what the market price of Bitcoin would be in whatever your preferred local currency is if there hadn't been any hardforks, there's no easy way to know that.  You can certainly speculate, but it's not possible to say with any real accuracy.

Yeah, I think that some people - including the hardforkers themselves - overestimated the willingness of people to completely abandon Bitcoin in favour of their forked coins, along with the different techs. Few would have just stopped using Bitcoin to keep on a sole Bitcoin Cash/Gold/etc path, wouldn't have made investment sense anyway.

Did the hardforks affect Bitcoin's price? Probably, but people might recall that Bitcoin shortly reached its ATH *after* the forks. Of course, the momentum was already there and the forkings probably added to Bitcoin's surge in mainstream awareness. But I don't think the forks had any more effect than alts did.
jr. member
Activity: 406
Merit: 5
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Hardfork are just fundamental analysis traders tend to capitalize on for quick profit because to be truthful most of those forked coins are scams and never actualize their roadmap. The core values in bitcoin is the ability for it to permit quick,accountable, non-restrictive payments as well as the limited supply
sr. member
Activity: 1470
Merit: 325
Hello friends. I am a new member asking for help.

Thanks to bitcoin, I learned about this forum. So it can be said that Bitcoin is a great thing to help us know each other and understand more about Blockchain technology.
All of us on this forum are aware of Bitcoin and Etherum. And surely the new participants in this forum also heard from Hardfork a few times?

We know that since the advent of Bitcoin, the value of Bitcoin has increased greatly, but there have been deep declines. In addition to market factors, Hardfork times also make Bitcoin weak. So if Bitcoin doesn't have Hardfork, what is its real value?

I really want to know the thorough analysis of this so that I myself will be more knowledgeable about it. We wish everyone help


the true value of bitcoin is always what someone is willing to give you for it, in the future you can expect big issues to that, because the US dollar will become a questionable global currency.

legendary
Activity: 3668
Merit: 6382
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What hard forks you are referring to, the forked altcoins?
Some of those had some effect because of the money and influence their initiators have. There were plenty of such coins that have gone basically unnoticed.

Also in 2019 there were no notable forks. And the price still went down. So no, the forks didn't affect the price. The drama around them may have made some investors run away, because nobody likes uncertainty. But nothing big imho.

Also thinking on what would have been happening in a different chain of actions is pure speculation where all answers are in the same way good and bad.
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
I personally tend to think of Bitcoin's "value" in terms of permissionless freedom and censorship resistance.  As such, hardforks don't detract from any of the qualities I value.

If you're talking about guessing what the market price of Bitcoin would be in whatever your preferred local currency is if there hadn't been any hardforks, there's no easy way to know that.  You can certainly speculate, but it's not possible to say with any real accuracy.
newbie
Activity: 320
Merit: 0
Hello friends. I am a new member asking for help.

Thanks to bitcoin, I learned about this forum. So it can be said that Bitcoin is a great thing to help us know each other and understand more about Blockchain technology.
All of us on this forum are aware of Bitcoin and Etherum. And surely the new participants in this forum also heard from Hardfork a few times?

We know that since the advent of Bitcoin, the value of Bitcoin has increased greatly, but there have been deep declines. In addition to market factors, Hardfork times also make Bitcoin weak. So if Bitcoin doesn't have Hardfork, what is its real value?

I really want to know the thorough analysis of this so that I myself will be more knowledgeable about it. We wish everyone help
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