What will all these forks do in the long run with Bitcoin?

[multinova]

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?

[1713582953]

1713582953

[1713582953]

1713582953

[uncleduckerr]

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

[niklasmato]

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

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

[Squidoogeek]

I imagine that one of the forks will eventually come out as the dominant blockchain. It's a matter of how long it takes for major mining pools to agree on which Bitcoin fork is worth working on and how long it takes for the community in general to agree. Remember, consensus is important and it's becoming a matter of how important we think keeping a unified Bitcoin that can beat out a million zillion forks just through keeping some kind of coherent consensus is.

[rainbow169]

Out of all the forks, segwit2x is quite different, it doesn't intend to run as a separate coin rather to replace/upgrade the current Bitcoin. The impact of this huge and lasting. If there is not a clear winner and community split, I think the bitcoin price overall will fall in the long run

[maku]

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

Creating free money out of thin air is kind of an issue here. But I think that these additional strains won't survive long, it will be alway pump&dump scenario.
I, too, think that there should be some kind of forkin law, for now, it seems that forking bitcoin is too easy, you can do it even if you have a dubious codebase, no real developers and no plan.
Like in the case of Bitcoin Gold - this coin is so amateurish that is is even painful to watch how people will be dumping it like crazy soon.

[hatshepsut93]

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 can only work (meaning they become the Bitcoin) if majority of users agree with them - without support from users any fork is just an altcoin, and usually a very weak one, with no real innovation that could have made it valuable on its own. Besides, the effect of every new fork should get lower, because people to some extent base their predictions on past outcomes, and so far no fork was able to seriously compete with Bitcoin.

[Youghoor]

Bitcoin cash was one of the best forks that bitcoin had, bitcoin gold and those who are comming later are going to be an entire shit, they are not offering anything to the community, they are useless and they are good for getting free extra money if you want to withdraw some profits or just want to invest more.
I never felt the dessesperation to have those coins, because we all know how does them work, they are only alive for the first ours or days, and then, they die.

[w5pn73]

Whether you're for or against forks, as long as the project gets enough development it will be supported.

[suzanne5223]

Firstly, the BCC, BTG and BTC2x(Segwit2x) are both altcoin and I think this is to create some sort of competition in the bitcoin market but bitcoin will ever take the number 1 spot. However, the cause of the forks was because Satoshi created the bitcoin protocol and software openly and any developer around the world can review the code or create their own modified type of bitcoin which is what we're experiencing now.

[Bolt Brownie]

Well I don't know. There are several position and I must say I'm quite divided right now. Some go even as far as saying that the forks put in jeopardy one of the most important factors of bitcoin, that is it's scarcity. They say that since you can fork and double the coin supply at any moment, by creating two chains, that bitcoin is not really scarce. I don't say I agree with it, because you actually get two different coins after the fork. But if you look to bgold, bcash, B2x, then you can see that they really didn't offered anything truly special, so it's king of just more coins on the market.

There are also those more optimistic, that say that this is a good way to evolve the coin and it's community. It's almost like survival of the fittest. Every time a fork happens, bitcoin gets stronger as it's users choose to stay with it. Some leave but the majority stays, and those leaving will stop bothering the ones that stayed, so BTC is getting more stronger and more united this way.

Like I said I'm a little divided. I agree that bitcoin is getting stronger as people choose to stay with the real BTC, but it does generate some confusion to the market, with all these new coins popping up, with just some small changes. If the "unity effect" does not take place, and people start getting divided after every fork, we will end up with a lot of similar coins, and it's value will drop, because it's almost like if the supply was increasing (because if all new chains survive, we are getting a lot of similar coins to choose from).

[xmario]

Bitcoin cash was one of the best forks that bitcoin had, bitcoin gold and those who are comming later are going to be an entire shit, they are not offering anything to the community, they are useless and they are good for getting free extra money if you want to withdraw some profits or just want to invest more.
I never felt the dessesperation to have those coins, because we all know how does them work, they are only alive for the first ours or days, and then, they die.

I agree with you!!

[Jovovich]

Firstly, the BCC, BTG and BTC2x(Segwit2x) are both altcoin and I think this is to create some sort of competition in the bitcoin market but bitcoin will ever take the number 1 spot. However, the cause of the forks was because Satoshi created the bitcoin protocol and software openly and any developer around the world can review the code or create their own modified type of bitcoin which is what we're experiencing now.

I dont think they are after competition because sometimes hardfork is an upgrade to the nodes of the blockchain. Their are also cases where old blocks can become invalid so if ever hardfork is coming, miners are usually the ones who is mostly affected. But as a said, it is also an upgrade so everytimg their is a fork, miners are forced to upgrade their mining tech to mine the new blocks.

[xys9ik0p]

i thinking to form a team to fork bitcoin hey is easy free money going to name it


Bitcoin Super Turbo Champion Edition

[Iranus]

The forks do nothing on their own.  They just happen and they exist.  What matters is how people react to them.

The problem with the way that forks are being doing right now is that groups (BTG just recently, but I wouldn't put SegWit2x or BCH in this category) often attempt to use a fork as a method of getting automatic publicity.

All that the fork has to do is get a clickbait media outlet or two to publish a story about their unnecessary fork, and then exchanges and online wallet services have people contacting them.  "How am I going to claim it?". The exchanges and wallets feel that they have an obligation to their users, so they give it out with a 1:1 ratio, and then all of a sudden everyone knows about the fork.

I don't trust the crypto markets, in which market manipulation and hype from newbies is very common, to form a fair valuation for every fork once they've reached that point with exchanges at which almost everyone is aware of the fork.

It could be a lot of effort for all that of the services and users involved and it would be quite inconvenient.

[Indrawan77]

Forking supposed to fix the bitcoin problem,  but all this forking seems like not useful,  if forking keep on happening,  it will bring bad result to bitcoin,  people will confused and then the investors will doubt about bitcoin potential in the future,  and for us the price will fall down and the market will be unstable

[Coldsnap4457]

These forking forks are a pain in the butt.

There are way too many wallets to contend with.

[Spendulus]

The forks do nothing on their own.  They just happen and they exist.  What matters is how people react to them.

The problem with the way that forks are being doing right now is that groups (BTG just recently, but I wouldn't put SegWit2x or BCH in this category) often attempt to use a fork as a method of getting automatic publicity.

All that the fork has to do is get a clickbait media outlet or two to publish a story about their unnecessary fork, and then exchanges and online wallet services have people contacting them.  "How am I going to claim it?". The exchanges and wallets feel that they have an obligation to their users, so they give it out with a 1:1 ratio, and then all of a sudden everyone knows about the fork.

I don't trust the crypto markets, in which market manipulation and hype from newbies is very common, to form a fair valuation for every fork once they've reached that point with exchanges at which almost everyone is aware of the fork.

It could be a lot of effort for all that of the services and users involved and it would be quite inconvenient.

I would like to believe that the soaring values of bitcoin are due to more and more people wanting to be freed of the chains of debt based national fiat currencies, but I know better. In fair part it is simple human greed. As far as "why the forks" do not toss out that enemies of bitcoin would like to "divide and conquer."

Enemies of bitcoin would like to create weakness and structural defects in the blockchain system and in bitcoin.

[tomahawk9]

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 don't do anything to Bitcoin unless the majority of the crypto community (miners, investors, users, etc) agree to follow a new blockchain created from a fork (BCC, and now BTG). I think in the long run bitcoin gold won't have the support required to even have a slight chance of becoming threat to Bitcoin. There's nothing to be worried about, I believe BTG will be just another alt coin fighting against other coins to see which one will be the next big cryptocurrency but ultimately no one will care.

[jseverson]

I don't think any of these forks will have a lasting effect on Bitcoin. Most people see them for what they are, which are basically altcoins plastered with the Bitcoin name. People are bound to be excited by them, as they could basically be free money, but for as long as people recognize which the main chain is, no fork can really threaten Bitcoin. That being said, it's entirely possible that a fork comes out in the future that can truly fracture the community, and that moment could be the end of Bitcoin as we know it.

[leonair]

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 will be experiencing an unlimited forks for Bitcoin in the future as lang as it keeps on upgrading and people will get used to it and will become a norm. Bitcoin(original) is the authentic one and any other Forks that will bring the name of Bitcoin will always be a copy cat and will not prosper as people know what coin to support and have the good things. No Bitcoin developers really wants to split the Bitcoin into two but it is inevitable when doing such upgrade so we have no choice but to support them as technology is always subject to change.

[DoublerHunter]

The only fork that i know that is useful is the segwit fork and because of that segwit it will enable the lightning network where the transaction will become faster and better than before and aside from that, there is nothing useful for me and those bitcoin cash and bitcoin gold are not useful in my opinion because it is just a waste and an airdrop for free money and beside than that, there is no use for those bitcoin cash and bitcoin gold.

[Images21]

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?

I am looking at this concern with a serious mind and outlook. This is definitely a great challenge to bitcoin. If instead of remaining one and only upgrading the coin but remaining as bitcoin, they would end up splitting away from the original coin every time there is disagreement, there is a great risk that bitcoin will eventually lose the trust upon which it is founded. I would actually prefer that they would remain as one and agree some upgrades that would be implemented to the coin.

[Altas]

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.

[Fretcy]

Bitcoin has undergone a fork earlier this year by August called the Bitcoin cash or BCC at that time of the split anyone holding bitcoin were given equal amount of the new crypto currency or BCC a hardfork means a split in the blockchain network the bitcoin cash has reached $900 and most of the user's did not support them and sold them now the value of bitcoin cash has deflated to $300. On October 25th there was another hardfork called the BitcoinGold by November another fork is coming called the Segwit2x  user's are not sure which is going to sustain or which cryptocurrency is going to hold the title Bitcoin all these hard forks will be a up gradation  of the original bitcoin, Segwit2x will be an increase in the number of block size to 2MB.

[nkarm1]

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

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

Actually there is no reason out here that would make the bitcoin suffer. Recent hard forks really brought an impression and excitement about bitcoin just by looking at the price behavior before, during, and after hard forks. Also those forks for me are quite healthy for the market. Why? As long as they are not supported 100% by the bitcoin community, that only means that bitcoin is still the best and it doesn't need any replacements with good modifications.

[Btcvilla]

I think just to increase the value of bitcoin. yes we see what happened yesterday, bitcoin value continues to rise every day. until now bitcoin gold does not have enough selling value is quite fascinating. it may take a considerable amount of time to increase the value of bitcoin gold

[fishbonez11]

I imagine that one of the forks will eventually come out as the dominant blockchain. It's a matter of how long it takes for major mining pools to agree on which Bitcoin fork is worth working on and how long it takes for the community in general to agree. Remember, consensus is important and it's becoming a matter of how important we think keeping a unified Bitcoin that can beat out a million zillion forks just through keeping some kind of coherent consensus is.

I think that bitcoin forks are supposed to improve bitcoin. And yes, its either bitcoin will prevail or one will come out as a dominant blockchain.

[pawanjain]

These forks are giving out free money to crypto users which might sound good at the beginning but becomes worse when we look at it the other way around. Forks are killing Altcoins in my opinion. People are willing to sell their Altcoins in losses to get the free money through forks and this thing is just killing the Altcoins. We can notice the price difference from the last month which shows us that Alts have gone way down than it was.
It also splits the investors into groups where the investors who prefer the forked coin invest their amount in that coin and hence BTC losses its growth in some way. Although it doesn't effect the overall growth but split of coin is split of growth.

[Herbert2020]

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?

don't compare SegWit with the rest of them. SegWit had a big support from everyone so it was a good fork that nearly everyone agreed to and that is how the forks of a decentralized bitcoin should be.

the rest of them, like bitcoin cash, have never been like it though. it had a very small amount of supporters who didn't really care for bitcoin or much else for that matter they wanted money and control. and they got only the money, some of it at least.

and the other forks like bitcoin gold and possibly a lot more like it in the future will be useless altcoins that want some piece of bitcoin only. you can see it by their premine!

[ocojo]

I think that value will go down in the long term. Trust is already falling already

[13abyknight]

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?

A few days to a few weeks after a fork, Bitcoin will start stabilizing back on its path, brushing off the new coin's impact if at all any. On the longer run, the newly forked coins don't stand a chance against Bitcoin, as every attempt to deviate from the core would be failed attempts with minor changes and attempts to make quick cash, nothing more.

[BitHodler]

I think that value will go down in the long term. Trust is already falling already

Quit the nonsense. If people are losing trust because of a few forks, then it shows that they don't actually know anything of how Bitcoin and everything around it works.

Forks are nothing more than a blatant way of making insane amounts of money in a very short time. I see it as the next thing, where we had pre mining and insta mining before, and then ICOs, and now the next in line are the forks.

BTG is now the big thing that's taking over greedy people, then we have SegWit2x, and after that something else will pop up. It's clear to me that this is just a start, and thus more forks will follow in the coming years. Supply and demand I guess.

One thing they all have in common is that they all will fail in the long run.

[multinova]

I think that value will go down in the long term. Trust is already falling already

Quit the nonsense. If people are losing trust because of a few forks, then it shows that they don't actually know anything of how Bitcoin and everything around it works.

Forks are nothing more than a blatant way of making insane amounts of money in a very short time. I see it as the next thing, where we had pre mining and insta mining before, and then ICOs, and now the next in line are the forks.

BTG is now the big thing that's taking over greedy people, then we have SegWit2x, and after that something else will pop up. It's clear to me that this is just a start, and thus more forks will follow in the coming years. Supply and demand I guess.

One thing they all have in common is that they all will fail in the long run.

It does hurt all the alts everytime. For me these forks are useless but nevertheless everyone wants them to grab a quick buck. I personally would rather see them stop.

[qxo35]

I think after another few more forks and people will become immune to forks and it will not have any impact on bitcoin

[multinova]

I think after another few more forks and people will become immune to forks and it will not have any impact on bitcoin

It might.. however the current bitcoin isn't performing very well, if you look at the current delay in transactions.. it's kinda huge.

[cryptoivan85]

If the coin that is going to be generated by the fork seems promising, people will buy bitcoin just to get this new coin and price will go up

If not, people will ignore the fork, nothing will happen

They can't have a negative effect on the price

[Karakyli]

On the one hand, forks are necessary for bitcoin, because they solve the periodically maturing problems with its scaling. On the other hand, forks can not be disposed of, because bitcoin is conceived with open source and everyone can take part in its improvement.

[CisColtz]

Well I'm not happy with any of the forks from bitcoin and the reason why i'm not happy is because in the long run bitcoin can suffer a lot from this forks and the price can also suffer a lot , but let's hope that bitcoin will have it's way like until now and everything will be ok.

[de_xt]

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.

[stompix]

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?

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?

[hovrah]

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?

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?

The fact is that even if there is a free coin double, then there is always the opportunity to sell this coin and get real money. I think that even in this case the new altcoin benefits.

[multinova]

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?

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.

[Dummsaus]

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.

[BitcoinPC]

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.
 

[multinova]

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 will see in the end.. Bitcoin is now going up up up .. but it will correct soon..

[ahmadakbari]

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.
 

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?

[Sadlife]

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.

[marky89]

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?

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.

[error08]

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.

[GreenBits]

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?

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?

[multinova]

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 ?

[sunny1356]

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

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

In what way willnthe forks affect those coming newly into bitcoin?

[Delarock]

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.

[BitcoinPC]

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?

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
  

[multinova]

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 ...

[FasTroy]

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?

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
  

You are right, we should always face forks, because I think there is many forks will come later, but i think that forks it's a good opportunity for investors to buy more bitcoin, because sometimes bitcoin price decrease and after few weeks bitcoin will grow again and increace more highly than the next point.

[multinova]

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.

[whitemacna]

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.

[bloodyvio]

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

[Cryptohad]

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.