Bitcoin Forum

I wonder if Hard Forking a cryptocurrency technology creates the same amount of transactions in the previous? Or it is okay to accept the benefits of the Hard Fork?

I just watched some videos about it and it tells about the goodness of a hard fork.

I think hardforking the a crypto currency technology only creates unnecessary stress and duress
It disintegrates the value of the project and leaves it vulnerable to massive dump
It just doesn’t always makes sense

Imagine splitting my bitcoin cash, a top 5 coin into some useless dual token ?

It does create transactions but people are getting tired of it and a lot of people are getting out of that token and transfers a better crypto. Forks nowadays are like the gold mine for some big companies as they see it as a great opportunity to make money through manipulation.

It's okay if there's really a need to upgrade but I'm seeing the different perspective from the real one why they do that.

You need a big amount of the coin, so I think that it is only interesting for big investors and it will succeed only for forks where to coin have a good worth.

Sometimes it does and sometimes investors buy coins before fork to make more money after fork, that increase coin's value and after fork bigger holder dump coins and forked coins and many lose money. If you don't believe in coin don't buy it just because there will be new chain.