[2017-11-08] Who's Afraid of the Bitcoin Hard Fork?

[Vladdirescu87]

Bitcoin is a digital asset held in carefully crafted code. But sometimes, pressures to change the code lead to a so-called “hard fork,” after which two new blockchains may also fork and coexist - and in some cases, openly compete.

A rose is a rose is a rose - unless it is not. The name of Bitcoin has a certain mystique; it has become a story, an entity and a lot of hopes and investments hang upon it. At this point, Bitcoin is an established digital asset with record market prices above $7,000 - and just as it’s at its most influential, Bitcoin faces an identity crisis.

Read the full article: https://coinidol.com/who-afraid-of-bitcoin-hard-fork/

[IconFirm]

No-one. It isn't happening.......

[Urbanbypas]

The price has already significantly decreased. The peak is over, now it may not rise in price until the beginning of December.

[shaggy404]

I thought this was a poll     

If you add a poll, I believe more than 80% votes are going to be NO, including mine.

[greeklogos]

The price has already significantly decreased. The peak is over, now it may not rise in price until the beginning of December.

I also do not build any big expectations about the price. The fork is stopped and November is promissing to be calm about price's records. Let's chill and see what December will bring to us

[michkima]

Well, no one will be afraid anymore. The segwit2x hard for has been cancelled and we'll likely not see any more of these issues for quite some time. I just hope on the next time it happens, the community will be more decided and will be a solid one. I hope the community can choose a decision that would benefit all stakeholders of bitcoins and not just a few.

[Isaak Bitcoin]

I believe in the stability of bitcoin, so I'm not afraid of forks. They only have a short-term negative effect on the cost of bitcoin.

[richardsNY]

I believe in the stability of bitcoin, so I'm not afraid of forks.

People in general are no longer afraid of forks. What a difference it was when people were thinking the first of August was some sort of a doomsday due to the chain split. Now they see there is money to be made, the fear has turned into greed, where right now a lot people on social media are being heavily disappointed in the S2X fork not being forced through. It just shows how greed is dictating this market, where people will find all sorts of ways to make money. I am not like that. I can genuinely say that I am happy that S2X has been suspended -- the potential negative consequences are not worth splitting for.