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Author Topic: Do you support Bitcoin Forks? Why???  (Read 1144 times)
reed209 (OP)
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October 29, 2017, 04:14:04 AM
 #1

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
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October 29, 2017, 04:49:08 AM
 #2

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I think that this is an important process in hardening BTC as a currency against would-be attackers. This isn't the last contentious fork ahead of us; the corporate backers of Segwit2x want dozens or even hundreds of capacity upgrades much larger than 8MB. They are done testing the waters with things like Bitcoin Classic and are making their move now.

It's important that the community keeps its resolve, that users run their full nodes, and let it be known that the economic majority can't be hijacked by a few big companies and a majority of the hash rate. As long as the legacy chain emerges the winner here, I think you're right.

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October 29, 2017, 04:56:47 AM
 #3

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
Yes I do somewhat support forks if they are for the betterment of the bitcoin system like the segwit 2x which focuses on better transaction speed and more decentralized system. Dont know why people are not supporting it.
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October 29, 2017, 04:58:04 AM
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your question is so broad.

bitcoin fork is sometimes a necessity because it is the only way we can "upgrade" bitcoin or even possibly fix a bug. look at how P2SH was activated (the multisig feature). it was a bitcoin fork. or the most recent one called SegWit.

the important thing is that everyone should remember that bitcoin is decentralized and MUST work with consensus. otherwise it will fail. and consensus means when you want to fork you get everyone on board before you fork it...

now there is another thing called fork but that is creating an altcoin. in that regard there has already been 667 forks to create altcoins in the past using different methods and in the end they will be regarded as "free money".

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October 29, 2017, 05:34:17 AM
 #5

This question is irrelevant. Whether anyone supports them or not, they are always possible so there is no point to even asking this. Anyway, I am in full support of any cryptocurrency that improves on existing technology. While most ICOs are scams, the odd one does actually have a basis for existing and potential to disrupt the industry. From that perspective, I am all for Bitcoin or any other fork as long as it is an improvement of the current technology.

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October 29, 2017, 05:40:08 AM
 #6

Forks are important for the network; however I don't think they should be frequent. for any fork to happen there is some loss for the miners. forks should be as minimal as possible.

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October 29, 2017, 05:48:01 AM
 #7

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Why not support forks? Forks is important to bitcoin it will maintain the bitcoin stability in terms of fixing bugs and errors to a whole bitcoins there are types of bitcoin the hard forks and the soft forks. Hard forks are giving a bitcoin a big changes but soft forks is like replacing small parts of bitcoin. This will also identified in size of blocks.
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October 29, 2017, 05:58:10 AM
 #8

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
actually i do not support fork because it just produce another altcoin in this case is bitcoin gold. bitcoin holders also get benefit in this case that is given a bitcoin gold equivalent to bitcoin that we have 1:1 although we don't know the price of bitcoin gold.

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October 29, 2017, 06:12:41 AM
 #9

the important thing is that everyone should remember that bitcoin is decentralized and MUST work with consensus. otherwise it will fail. and consensus means when you want to fork you get everyone on board before you fork it...

That's "consensus" from the perspective of language -- full agreement from each any every participant. That's what "consensus rules" are: those rules that each any every user consents to by virtue of opting into the network (running a node).

But that's basically impossible from a technical standpoint. Just by virtue of laziness/inertia/ignorance, there will always be those who don't upgrade. And beyond fixing blatant protocol flaws, you will always have those who oppose. That's why I'm of the opinion that Bitcoin technically can't ever be hard forked and still remain "Bitcoin." We would be moving to an altcoin if the fork were successful. And maybe that's okay... but I think we should be clear about what hard forks are. A hard fork = leaving the consensus to join a different one.

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October 29, 2017, 06:17:33 AM
 #10

Some of these forks are get rich quick scams and others are deliberate attacks against BTC. If it manages to overcome all of this adversity it will velidate it as a legitimate means of storing value IMHO and will brake cryptos imto the main stream.
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October 29, 2017, 06:24:31 AM
 #11

Overall these forks seem like a way for people to pump and dump some coins. I can't really complain though considering how much I've made off of Bitcoin Cash.  Grin That was pretty much money just handed to me.

Bitcoin forks on a fundamental level are a good thing, because they challenge bitcoin to improve it. Also, bitcoin is more open source that way which is cool. Seems like it is just being used to pump and dump though so pragmatically, not so much.

reed209 (OP)
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October 29, 2017, 12:55:18 PM
 #12

I agree with part of the arguments. However in the way it is happening we will end up having forks and more forks in a short time. I believe that for the trading market is not so good.
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October 29, 2017, 01:09:22 PM
 #13

your question is so broad.

bitcoin fork is sometimes a necessity because it is the only way we can "upgrade" bitcoin or even possibly fix a bug. look at how P2SH was activated (the multisig feature). it was a bitcoin fork. or the most recent one called SegWit.

the important thing is that everyone should remember that bitcoin is decentralized and MUST work with consensus. otherwise it will fail. and consensus means when you want to fork you get everyone on board before you fork it...

now there is another thing called fork but that is creating an altcoin. in that regard there has already been 667 forks to create altcoins in the past using different methods and in the end they will be regarded as "free money".
I agree with you sir even though I'm not 100% understanding about why bitcoin has some hardfork .. your answer is very logical considering there is no other way to upgrade bitcoin in because only 21 million tokens in the world imagine if there is no way to upgrade it may be some bad possibilities happen whatever it is
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October 29, 2017, 01:12:35 PM
 #14

I'd like to support the bitcoin forks because somehow the market will need this in the future since we cannot prevent the increasing demand of bitcoin time will come that bitcoin supply will no longer be available so the only solution is offering alternative coins to divert the market of bitcoin this will ensure that the digital currencies will sustain the cycle for its market.
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October 29, 2017, 01:18:36 PM
Last edit: October 30, 2017, 11:58:22 AM by eann014
 #15

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
If that is the way to strengthen the bitcoin, then why not? I notice that every fork bitcoin price is increasing or pumping its price. That is also a good time to invest during the fork because during the fork bitcoin price decreasing so I think that is the best time for the investor to invest bitcoin.
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October 29, 2017, 01:20:26 PM
 #16

Bitcoin forks are needed to make the currency better and improve on its shortcomings but I do not support bitcoin gold or cash
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October 29, 2017, 01:28:24 PM
 #17

Forks are the upgrades of bitcoin that cannot be done on the bitcoin blockchain I think, so whether you support it or not it doesn't matter because I think new coins from the forks are soon to dump and will be the reason that the price of this bitcoin become more valuable. forks are one of the reason that the price of this bitcoin will pump again.
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October 29, 2017, 02:03:17 PM
 #18

i actually dont support any bitcoin forks for some reasons, i only support bitcoin and no one coins from the forks, maybe the free coins from the fork to collect but to support? i think im not. and i think it doesnt matter if you support or not the most important is to know what will happen next after the fork.
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October 29, 2017, 02:12:45 PM
 #19

I do not support them but I do not mind them. I understand they will happen, but it'll just make the network stronger and give more people to make more BTC by dumping these shitcoins.

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October 30, 2017, 09:33:14 PM
 #20

I don't support them coz if it keep on going like it then that day is not too far when BTC20 tokens will be seen in Market. Just like ETH blockchain, BTC blockchain also get populated with various tokens which i personally don't want to happen. There are some people who supports these forks saying that it bring improved version of BTC system but i still don't support it.
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October 30, 2017, 09:37:18 PM
 #21

i dont support them, but if someone feels like doing the fork who are we to tell him otherwise. i will however take advantage of those forks to make money, if possible.
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October 30, 2017, 09:40:03 PM
 #22

Obviously it is something different that we havent experienced before. It is a dangerous fork in my opinion and i think there could be some netwrok risks.
There are a lot of behind the scene going on these days, lets hope we dodge this bullet and we will learn something about this.
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October 30, 2017, 09:50:49 PM
 #23

I support only the genuine Bitcoin Fork which are genuinely created and the support team are fully supportive. Not like Bitcoin Gold which still dont have proper wallet to claim the coin but they have setup-ed the trading exchanges. This Bitcoin Fork are nothing but a new way of creating a new altcoin against Bitcoin to value the Bitcoin status in the market.
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November 07, 2017, 07:47:33 PM
 #24

I support only the genuine Bitcoin Fork which are genuinely created and the support team are fully supportive. Not like Bitcoin Gold which still dont have proper wallet to claim the coin but they have setup-ed the trading exchanges. This Bitcoin Fork are nothing but a new way of creating a new altcoin against Bitcoin to value the Bitcoin status in the market.


Id like to support bitcoin fork cause its that the way to strenthening the upgrades of bitcoin that can not be done on bitcoin blockchain. That is also a good time to invest during the fork because the price is decreasing so low good timing for buying low sell high.
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November 07, 2017, 07:52:57 PM
 #25

Yes because of them bitcoin can rise a lot and we all want profit from bitcoin right isn't it better that the forks are here because they can give us a lot of profit it is bad for the people who want to buy bitcoin at that moment but it is beneficial for the people who want to sell their bitcoins.
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November 07, 2017, 08:05:05 PM
 #26

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
I support Bitcoin hardforks , indeed hardforks looks like to disrupt the market,
but the real purpose is for investors to glance at the coin not just glance at Bitcoin so Bitcoin prices can be stable,
this is my opinion...

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November 07, 2017, 11:37:12 PM
 #27

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
Yes I do somewhat support forks if they are for the betterment of the bitcoin system like the segwit 2x which focuses on better transaction speed and more decentralized system. Dont know why people are not supporting it.
Segwit 2x is just a masterplan o some group of miners to devalue the brand Bitcoin and at the same time,pumping heavily the price of BCH thereby more miners and some exchanges in future demanding that BCH is the true bitcoin.Surprisingly,as per the plan,we could see that BCH price is being pumped heavily.

I think that most of the credit for this situation goes to the so called Antichrist of bitcoin,Roger Ver who with jihan wu was responsible for the creation of BCH.

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November 07, 2017, 11:48:30 PM
 #28

if the purpose of bitcoin fork is good for the future why do not we support it, for example like to speed up transaction process, deduction fee fee, or others which is positive to bitcoin

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November 07, 2017, 11:56:54 PM
 #29

if the purpose of bitcoin fork is good for the future why do not we support it, for example like to speed up transaction process, deduction fee fee, or others which is positive to bitcoin
Exactly right, bitcoin forks has its purpose why they want to implement this. Many supports this bitcoin forks because of the reasons that it has also a good feature which to speedup transactions. And ofcourse, it will benefited more users for having a bitcoin fork.
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November 08, 2017, 12:25:38 AM
 #30

Yes, I agree the Bitcoin or other coins forks when that fork is part of necesary improvement of the current technology in any cryptocurrency. Some forks are necesary to make the Btc or other cryptocurrency better.
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November 08, 2017, 02:02:59 AM
 #31

Saying Bitcoin Forks is too broad. Forks should be a good thing because they're basically aimed at making an existing technology better. It has only received a bad name because of all these lame attempts as cash grabs, and some part of the community has even basically dismissed it as free money via airdrops.

If they're done in good faith with the proper support and consensus, I don't see any reason not to support it. I don't care for forks like Bitcoin Gold because they're basically irrelevant cash grabs. I wouldn't support forks like the upcoming Segwit2x because they're aiming to disrupt the status quo by taking over the main chain with hostility; no single entity should be able to decide Bitcoin's future.

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November 08, 2017, 04:42:03 AM
 #32

Because usually people will look for profits when hardfork takes place. But if look at hardfork that occurred in the last month the price of bitcoin do not go down and maybe make a lot of people disappointed.
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November 08, 2017, 04:46:59 AM
 #33

One thing people are pretty worried about is sewgit. Whales will create chaos the way it did on August 1. investors panic. bitcoin prices dropped
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November 08, 2017, 04:49:21 AM
 #34

Investors panic. bitcoin down. That is the purpose of the whale. And that will help whales make more money
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November 08, 2017, 04:51:35 AM
 #35

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.


It will be boring if no one challenge bitcoin. And challenging bitcoin is good in a way where more people will be convinced that bitcoin reigns supreme.

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November 08, 2017, 04:58:26 AM
 #36

I do not believe that the future forks of Bitcoin can generate any currency of value.

Do you know how much the value of bitcoin cash now? It has real value and many are supporting it then but those people are the ones that are not satisfied with bitcoin especially the miners that are looking for lesser difficulty.

They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

It's disrupting the market by letting investors and miners choose what coin they really want to but the majority are staying to bitcoin legacy. It's helping the price to pump since to have these fork coins you must have some bitcoin.



.
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November 08, 2017, 05:02:44 AM
 #37

Yes, I agree all Bitcoin or other coins forks when that fork is part of necesary improvement of the current technology in any cryptocurrency.
There are corrections made in crypto, most of the time it helps in making transaction fast by increasing blocks, the more new users adapts it , it gives also a great impact on the operation of transactions.

Technology needs some improvements and no exception with cryptocurrency. I know that such improvement will make side effects but at least with forks we know that bitcoin development isn't dead. It is evolved for the better use.

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November 08, 2017, 05:07:52 AM
 #38

There are many reasons exist I support Bitcoin Forks.Firstly When hard fork is started then Bitcoin price is start very increasing & in this time Bitcoin holder to get huge money.So specially i like this fork.Secondly hard fork is very important to keep strong Bitcoin.
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November 08, 2017, 05:08:16 AM
 #39

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I think that this is an important process in hardening BTC as a currency against would-be attackers. This isn't the last contentious fork ahead of us; the corporate backers of Segwit2x want dozens or even hundreds of capacity upgrades much larger than 8MB. They are done testing the waters with things like Bitcoin Classic and are making their move now.

It's important that the community keeps its resolve, that users run their full nodes, and let it be known that the economic majority can't be hijacked by a few big companies and a majority of the hash rate. As long as the legacy chain emerges the winner here, I think you're right.
Solid points, up-gradation is an inevitable process, without it bitcoin may fall behind. So they are to happen no matter what, even though it may disturb the market for a little while, in the long run, it only strengthens it.

And for people who don't give a damn about the technology and just after money, well you get FREE coins after every fork.
So its a win-win for all.
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November 08, 2017, 05:11:22 AM
 #40

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
Yes of course I will support it as long as it is for the good of the system like for security upgrades, for faster and lower transaction fees so on and so forth. Another one is that it gives us free money through our wallets that holds Bitcoins before the fork will have to happen. It also is a factor that will affect the price to skyrocket and make another all time high on the market while altcoins that time are bleeding. I think if there will be hard fork happening every two or three months I am sure that some altcoins will die due to a massive dump most especially those undervalued coins in the market.



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November 08, 2017, 05:45:35 AM
 #41

What value do these forks add to Bitcoin?

1. It generates Free coins for owners of BTC <which they can sell to buy more BTC>
2. It serve as a test area for new features in a live environment.
3. It gets rid of people who does not support BTC <Splinter groups>
4. When these coins fail, people sell their Alt coin and buy BTC again. <We learn from their mistakes>
5. It generates new innovation that can be used in the original version of BTC.

So there are some benefits from these forks, and for me the first benefit is the most important one. I get free BTC from these forks. ^smile^

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November 08, 2017, 06:02:15 AM
 #42

For now I don't support Bitcoin Forks.
I don't know if it will last.

Forks as it is can not be like the main bitcoin.
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November 08, 2017, 06:07:04 AM
 #43

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

At the moment, we dont have any choice but to full support it simply because this is the only way to upgrade and to improve the system of blockchain transactions in which the SegWit2X is aiming for a better digital transactions avoiding the current long processing delayed. If the segwit2x will become a successful event this will reduce the traffic and if possible our bitcoin transactions result will now be in instant.
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November 08, 2017, 06:10:09 AM
 #44

In general the system needs fork to develop itself, it is never ending process, we had a several in the past and we will see many in the future.
I do not think that it is technical necessity, it was created by the creatures of this ecosystem.
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November 08, 2017, 06:12:52 AM
 #45

i will support bitcoin no matter what, because it helps me alot
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November 08, 2017, 06:19:13 AM
 #46

Why should I not support forks as long as it is necessary? If you do not agree with the way things are done, then FORK off. That is the way it has been designed. It is more like welcoming a new innovation incase there is a huge disagreement on one, which seems OK to me for development.

Though it is always kind of messy sometimes, but looking at the brighter side, you know where your support lies for the chain you prefer and you are not stopped from enjoying the benefits of the other chain.
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November 08, 2017, 06:40:26 AM
 #47

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Fork has actually good benefit, it helps to make bitcoin fix bugs and errors. Thus, it stabilizes bitcoin's system. Bitcoin is ever changing and fork is one mean of making things okay. We have encountered forks from the past and expected to see more. What's just good about it is that we see that bitcoin is continually developing and no one can compete over it even the coins that split. Leta just look on the good side fork is offering like free generated coins.

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November 08, 2017, 08:47:11 AM
 #48

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Fork has actually good benefit, it helps to make bitcoin fix bugs and errors. Thus, it stabilizes bitcoin's system. Bitcoin is ever changing and fork is one mean of making things okay. We have encountered forks from the past and expected to see more. What's just good about it is that we see that bitcoin is continually developing and no one can compete over it even the coins that split. Leta just look on the good side fork is offering like free generated coins.
in bad case. if executed unsuccessfully. sewgit failed. What will happen? I'm very hopeful of bitcoin. But there is a risk. and always have to pay attention to it. trust is good. But the reality is different
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November 08, 2017, 08:57:21 AM
 #49


I do because by principle Bitcoin is open-source and the software is meant to be tested, challenged, refuted, debated. Without it being open-source it would be subject to corruption and shadow influence or intentions. I also believe these hardforks have made Bitcoin stronger it's like a scorpion molting, it's hard and laboring process but in the end it comes out prettier and eventually stronger than before. 

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November 09, 2017, 10:45:49 AM
 #50

I did not understand at first the function of the fork, but with a little search, I've understand that it is innovative and beneficial. I see the fork as an upgrade and I think it is a good way to make many things better on bitcoin using.
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November 09, 2017, 10:53:21 AM
 #51

Support for what you mean? If it supports the emergence of B2X I do not agree. Honestly, I myself do not have Bitcoin Asset to participate in Segwit2x fork this year. Not a few exchangers also refuse and still use 1mb chain (eg Bittrex). Maybe this 2mb chain will bring a big change to the world of crypto, especially Bitcoin.
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November 09, 2017, 11:03:02 AM
 #52

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Fork ia unending process, it is basically a help for bitcoin to be stabilized. Forks are meant to fix bugs and errors, in this way bitcoin is developed and features are made better. Forks also gives user free coin, which serve as an additional profit. Bitcoin fork basically a help to determine flaws and things to develop. People who are not for bitcoin are determined, and we are able to determine the stability of bitcoin because of the attempt to compete with it.
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November 09, 2017, 11:18:24 AM
 #53

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
If it is for the betterment of bitcoin by technology up gradation which will benefit the bitcoin and it's users then surely we all will support it but if they are just from a bunch of idiots focusing just to destroy the original chain then no loyal bitcoin user will support it. Indeed they are strengthening the bitcoin more than before as you can see from the price level from the beginning of this year.
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November 09, 2017, 11:37:24 AM
 #54

Actually people who do such forks don't have any real concern about bitcoin's progress.Just they are selfish and want to make quick profits.Some times,small groups do forks like bitcoin gold to earn some quick money while some big groups including miners and companies do forks like segwit 2x to totally take over bitcoin itself.Its very dangerous.Forks which is actually done by bitcoin core team itself for upgrade are almost welcome and other forks must not be supported.

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November 09, 2017, 12:24:15 PM
 #55

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I agree. With the previous fork that came, it only helped increase the value of bitcoin. The company that does these forks will generate currencies that aims to challenge bitcoin but instead promotes it at the same time strengthen its price. So let's keep them coming.
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November 09, 2017, 01:22:41 PM
 #56

No, I don't support forks. I prefer bitcoin's ecosystem more compact rather than having multiple clones of it as it divides the 'power' and the support that its supposed to get from the people. Also, people gets more confused and will probably harm the market as they have many options to give support to but none are surely successful.
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November 09, 2017, 01:31:39 PM
 #57

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Fork ia unending process, it is basically a help for bitcoin to be stabilized. Forks are meant to fix bugs and errors, in this way bitcoin is developed and features are made better. Forks also gives user free coin, which serve as an additional profit. Bitcoin fork basically a help to determine flaws and things to develop. People who are not for bitcoin are determined, and we are able to determine the stability of bitcoin because of the attempt to compete with it.

But everyone says the failure of segwit activation is good for bitcoin and value also will increase gradully. I noticed that every time when hard fork happens that time bitcoin slightly dumps and increase to good value in some days.
I worry that bitcoin price is stablity nothing cannot do so have the coins to sell and buy in the right time to make profit.
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November 09, 2017, 01:38:13 PM
 #58

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I don't believe on forks, as I read forks are poor man's ICO, a group of people are just robbing
other investors promising that the coin might replace bitcoin in the future. Forks can be
avoided but some people are taking advantage of it for their own benefit.
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November 09, 2017, 01:39:05 PM
 #59

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I do, I think we should embrace changes such as forks in order for bitcoin to adapt and do not be stagnant in the market world.

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November 09, 2017, 01:40:28 PM
 #60

That was nice free money boost. I am a bit disaponted current sytuation becouse i wasnnt see in reality how it will work.
Best concept will work guys and market will find way to proove it to people.

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November 09, 2017, 01:56:56 PM
 #61

in my opinion does not disrupt the market, because now buy goods via online can be paid using bitcoin, I think it's good because it can focus one currency instead of converting it into another currency.
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November 09, 2017, 02:14:34 PM
 #62

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
well we don't know what future will bring to this fork coins as we continue seeing bitcoin to keeps rising up who knows some big business will start looking for an alternatives, we should not forget that those fork coins comes from the original so they have similar functions and if, again just if someone play with those fork coins surely it will create impact and riders / traders will be there together with the miners.
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November 09, 2017, 02:32:16 PM
 #63

If this said forks will help bitcoin be much better as a cryptocurrency and if it will ensure the further development of bitcoin, then why not support it. But if this forks will be just for other people or groups to create their own cryptocurrency just for their own benefit then that is where I will change my mind and say no to it. Plus I really don't think that frequently having forks will be beneficial for bitcoin because it might develop FUDs instead.

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November 09, 2017, 02:40:07 PM
 #64

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
well we don't know what future will bring to this fork coins as we continue seeing bitcoin to keeps rising up who knows some big business will start looking for an alternatives, we should not forget that those fork coins comes from the original so they have similar functions and if, again just if someone play with those fork coins surely it will create impact and riders / traders will be there together with the miners.
The original is only core devs that hold the real bitcoin. these emergence of forked coins just becoming a tool to make money, lets be frank here, majority of all these forked coins ended up becoming dust coin or just 2nd tier coins, for example, BTG, and there's so many forked coins released by unpopular devs aswell that trying to modify the open source code of bitcoin.

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November 09, 2017, 03:24:04 PM
 #65

Some people were lucky to get the profits via forks, some just don’t believe in it. Of course BTC forks somewhat developing area of cryptocurrencies, but they make many problems for Bitcoin itself.
So I not support this forks!
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November 10, 2017, 12:01:02 AM
 #66

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Yes i support fork, why? There are 2 answer.
First, as bitcoin holder i want to get free coin after fork that can i sell. So i get free coin but worth.
Second, as i know fork is proccess to make bitcoin better in faster transaction. So its good.
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November 10, 2017, 12:31:41 AM
 #67

Because I am Roger Ver and in dire need of being in the top 10% of the top 1%, to quench my insatiable ego. Now give me your money.

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November 10, 2017, 12:38:15 AM
 #68

We need hard fork.

We need lower fees. We need shorter transaction times.

Only thing, that is keeping us back is lobby of BTC miners, that are currenctly happy with BTC fees.

My cryptocurrency portfolio: http://www.coinparator.com/. Track your coins rates for free, no registration!
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November 10, 2017, 01:30:57 AM
 #69

We need hard fork.

We need lower fees. We need shorter transaction times.

Only thing, that is keeping us back is lobby of BTC miners, that are currenctly happy with BTC fees.

That's funny because the Bitcoin Core team just decide to postpone the hard fork block size increase indefinitely.

BTC is only economically worthwhile if you are sending transactions of $70 or more (or roughly 0.01 BTC). Then the average tx fee is about 4%. This beats PayPal's tx fee of 5%, and Western Union's by even greater amounts. If you are trying to send less than that, I highly recommend switching over to DOGE, because the fee will ALWAYS remain 1 DOGE. Which is super effin' cheap btw.

Its just a bit of a pain in the butt because then you have to instantly cash out your DOGE  for BTC, and then BTC to your local fiat of choice.

I still firmly believe that every DOGE will have its day, even if inflationary rates remain a psychological problem for some.

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November 10, 2017, 02:22:27 AM
 #70

We need hard fork.

We need lower fees. We need shorter transaction times.

this is indeed what we want, however, do you think this can be done instantly? the cancelled fork has been identified as premature and full political ego's, doing closed door meetings and lack of security.

Quote
Only thing, that is keeping us back is lobby of BTC miners, that are currenctly happy with BTC fees.

Don't really know if you're not satisfied with the huge price increase taken up for the last couple of months, miners are not only happy here, don't be such in a greed.
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November 10, 2017, 02:31:55 AM
 #71

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
I do not believe in any of the forks, bitcoin is fine as it is however I disagree with your interpretation of the forks, the forks were not made to make bitcoin stronger they were made to weaken bitcoin and to earn money that way but it has not worked, bitcoin is as strong as ever and the forks are not giving any sign that are going to become successful that is why the next fork was canceled.
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November 10, 2017, 04:32:51 AM
 #72

everyone is selling their altcoin, moving to btc to get free coins


https://bitcoin2x.org/

https://steemit.com/bitcoin/@cryp2me/urgent-bitcoin2x-continue-again


https://coin.dance/
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November 10, 2017, 04:36:09 AM
 #73

I don't think so, and if bitcoin and block chaining are used together, it's going to be very powerful. Now many government departments are working with bitcoin, ETH docking project.
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November 10, 2017, 04:40:26 AM
 #74

Honestly every time forks happen i see the value of bitcoin increasing and feel that every time have fork my excitement is there because i do not wait to increase bitcoin value after the event and i can say that i will support every fork happen.
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November 10, 2017, 04:41:51 AM
 #75

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
w
Not at all I am totally against in as it destablizes the marketand also destrengthens the most valuable currency in the cryptoworld.These segwits pull the markets towards a scenario which is generally not favoured by technicals but the beginners enjoy these only because of the free cash which they are unable to digest will be hampsering the cause movement associated with the Bitcoin.
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November 11, 2017, 06:14:12 PM
 #76

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

I agree. With the previous fork that came, it only helped increase the value of bitcoin. The company that does these forks will generate currencies that aims to challenge bitcoin but instead promotes it at the same time strengthen its price. So let's keep them coming.
Fork always lead to the high prices and the example is in front of you that previous fork has given so much progress to this coin that it has already crossed $7.6k and investor like me who are willing to buy more and more they usually welcome fork to enhance their wallet and this thing is best about bitcoin that it goes down and then it move 50 steps up and if fork will happen now then the price in next day will be at 12k.
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November 12, 2017, 06:14:56 PM
 #77

We need hard fork.

We need lower fees. We need shorter transaction times.

Only thing, that is keeping us back is lobby of BTC miners, that are currenctly happy with BTC fees.

That's funny because the Bitcoin Core team just decide to postpone the hard fork block size increase indefinitely.

BTC is only economically worthwhile if you are sending transactions of $70 or more (or roughly 0.01 BTC). Then the average tx fee is about 4%. This beats PayPal's tx fee of 5%, and Western Union's by even greater amounts. If you are trying to send less than that, I highly recommend switching over to DOGE, because the fee will ALWAYS remain 1 DOGE. Which is super effin' cheap btw.

Its just a bit of a pain in the butt because then you have to instantly cash out your DOGE  for BTC, and then BTC to your local fiat of choice.

I still firmly believe that every DOGE will have its day, even if inflationary rates remain a psychological problem for some.
The core dev team never intended to hard fork the network that was a decision taken by the miners by themselves in that famous New York Agreement they signed without the presence of a single core developer, and then the miners decided to call off the fork by themselves since they realized the community was not going to support them and this is why we have the current pump in the price of BCH and the current attack against bitcoin.
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November 13, 2017, 02:43:34 PM
 #78

I did not understand at first the function of the fork, but with a little search, I've understand that it is innovative and beneficial. I see the fork as an upgrade and I think it is a good way to make many things better on bitcoin using.
Same here the bitcoin is really tough to get for the people who are not aware of the bitcoin functions now it has a lot of the features and the bitcoin is being more and more famous I can see the bitcoin is the number one currency because it has a lot of the change and the positive forks of the bitcoin. The bitcoin is now increasing in the future we will see that the bitcoin will increase the financial status.
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November 13, 2017, 02:49:25 PM
 #79

I did not understand at first the function of the fork, but with a little search, I've understand that it is innovative and beneficial. I see the fork as an upgrade and I think it is a good way to make many things better on bitcoin using.
Same here the bitcoin is really tough to get for the people who are not aware of the bitcoin functions now it has a lot of the features and the bitcoin is being more and more famous I can see the bitcoin is the number one currency because it has a lot of the change and the positive forks of the bitcoin. The bitcoin is now increasing in the future we will see that the bitcoin will increase the financial status.
I beleive why most supports bitcoin forks because it strenghten its system that will make fast every transactions. More likely bitcoin forks has its features ofcourse that it needed to implement. Yes this is also a good ways to make even better the bitcoin function.
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November 13, 2017, 06:06:34 PM
 #80

 As the number of users increases in the market, it is necessary to make updates in Bitcoin system. The Bitcoin system will not enough in the future. Updates are a must. But it shouldn't be in the form of division, somebodies  try to division  Bitcoin. These new future investors are no use other than frightening. Honestly  I don't support Bitcoin's forks.
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November 13, 2017, 06:20:54 PM
 #81

Bitcoin Cash quickly entered the market and experts believe that this network of larger capacities will further enhance the value of the crypto money. Bitcoin Cash is not the only separatist crypto money arising from the traditional Bitcoin network. A group of developers who want to implement different ideas about the future of the network have come up with a new digital currency called Bitcoin Gold.
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November 13, 2017, 06:25:40 PM
 #82

It is improvement that most of us wants. Not making more coins that will inherit also the name to confuse other people.

That certain happenings divides the investors and they are loving it.
Shouldnt it be the other way around. Arent we somehow making a big mistake with this new coins that are just manipulating the market for their own greed.
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November 13, 2017, 06:26:41 PM
 #83

Bitcoin Cash quickly entered the market and experts believe that this network of larger capacities will further enhance the value of the crypto money. Bitcoin Cash is not the only separatist crypto money arising from the traditional Bitcoin network. A group of developers who want to implement different ideas about the future of the network have come up with a new digital currency called Bitcoin Gold.

People like newbies and you are thinking that bitcoin cash gonna completely evolve in the market like bitcoin but nothing problem you can find with the bitcoin. When the market place supply increased to ethereum eveyone states that bitcoin will be next to ethereum only but that coins does not achieved that yet. People like has to dream that bitcoin will go down to these coins but It will never in future as well.
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November 13, 2017, 06:30:35 PM
 #84

I think forks can be a good thing but the past 2 forks have been nothing but greed from the developers and looking to make money rather than improve Bitcoin which is what forks should be used for.
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November 13, 2017, 06:33:51 PM
 #85

I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.
support full fork fork segwit2x strengthen bitcoin network model that I know is bitcoincash , stable price makes bitcoincash kick ethercoin why I say that ,we look at current prices ethercoin price stability keeps itself in the path of $ 300 while this bitcoin split exceeds the ethercoin have this is bitcoin foundation too

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November 13, 2017, 07:40:08 PM
 #86

Having familiarized myself with the innovations of bitcoin cash and bitcoin gold, I became a supporter of these coins, because they do bring in certain useful properties that for some reason are not entered into the original bitcoin for some reason. So, bitcoin cash solves the issue with the bandwidth of transactions, while conventional bitcoin has a limit of seven transactions per second. In addition, commission fees for transactions are much lower. Bitcoin gold I like because it blocks the possibility of its mining by large mining farms, providing the process of mining to small entrepreneurs. Let the strongest of the bitcoins win.
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November 14, 2017, 02:51:27 AM
 #87

I strongly support bitcoin because everyone should remember that bitcoins are decentralized and MUST work with consensus. Otherwise, it will fail and consensus means when you want to work together, I can get everyone before you do that fork. Now there are many other things called forks but it creates altcoin. In this case there are 667 forks to create altcoins in the past and present using different methods and in the end they will be regarded as "free money". and I strongly support once the bitcoin forums in the world today.
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November 14, 2017, 03:02:38 AM
 #88

As what Stated Above, Later Forks Are Known as The process of strengthening bitcoin, Which Can Be used to Fix Something That is Unnecessary in Bitcoin  Such As Bugs, Generating, Wrong codes, Malware Virus. I Can Always Support Bitcoin Forks Because I am Really A Bitcoiner, But, The Problem is, Forks That is Happening Eventually is Not Forks of Bitcoin It is A Fork Where A New Altcoin is Supported By Miners That Makes Bitcoin Lower Down It's Value. Therefore. Bitcoin Forks Are Good But not in the case of Supporting Altcoin.
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November 14, 2017, 04:23:39 AM
 #89

In the case of a bifurcation with the objective of supporting an altcoin, I see it as positive because they allow us to expand and improve the ecosystem. In fact, bifurcations are a fundamental right to achieve an open ecosystem like the one that, from the beginning, intended to create Bitcoin. However, when what you want is not to create a new piece of software from the first, but to find the best way to update the original platform to introduce changes that help it to continue growing, is where the controversy arises and the types of forks appear.
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