As the topic says, can anyone please elaborate for me what Hardforks do to the value of bitcoin? Will it make it increase it's value or decrease? I've tried to do some research online, reading at forbes etc. All I could see was that hardforks create a newblock chain to improve the bitcoin transaction system.
And in addition, is this a good thing? When will the next hardfork commence?
Hi Miguel.
Segwitx2 is canceled (or they say "postponed"), which means no hard fork before 2018 or maybe 2019. Lots of people were worried about this fork, and lot of people were saying Bitcoin price would increase with the cancelation of Segwitx2, but this is not my opinion.
I believe Bitcoins needs to evolve, and block size needs to get bigger. If Bitcoin does not want to become obsolete soon it should find a way to improve transactions, make them faster. Fees need to get smaller too.
Look at Bitcoin Cash and how well it is going now...