the fork, is it a blessing to Btc or otherwise

[aoihs00]

It could be disastrous or it could be helpful to pump the market capitalism of the bitcoin. So we can’t be sure that every fork fork is good or bad. But now a days people has got different specs of the fork. They think that when the fork comes there is always chance of getting free money and thats why they invest a lot of money into it. This actually helps the bitcoin pumping naturally and then market cap reaches to whole new level making the things very great for us. But as you can see the coin which is generated from the bitcoin could lead to negative signals of the bitcoin like the way BCH did in last week. However its different fact that bitcoin can survive anything. :-)

[USScrypto]

For bitcoin always its not blessing but for people that have bitcoin always is blessing because btc price is going very high in fork period.

[bob123]

I don't see those forks from the original bitcoin chain as a blessing. Those hardforks don't bring any confident advantages.
BCH is just taking bitcoins hashrate because miner switch betwen those 2 chains, aiming the biggest profit.
In addition to that those shitcoins will later be pumped and dumped. Take BCH for example. It got pumped last week, before dropping again.
The same will happen with BTG. Especially with the premining phase of 8k blocks. This results in 100k free BTG for the scammer devs of bitcoin gold.
Those will be pushed on the market after a pump resulting in a big profit for them.. and in a big loss for every user who was naive enough to spend money on such a shitcoin.
IMO this just brings bad reputation to cryptocurrencies over all. At least BTG doesn't use the same mining algorithm as BTC/BCH do.

[soham]

Hello guys, how are u, we have witness fork several and I want to know your view, if it was a blessing to Btc or otherwise

Fork is never a blessing for bitcoin because it takes away a lot of investment from the main bitcoin to the forked coin weakening its financial health. So a bitcoin lover will never accept fork as a blessing. That may earn your some free money but on the long run, it is stealing money and investors from bitcoin. Let me give you a simple calculation,

Bitcoin market cap: 129 billion USD
Bitcoin cash market cap: 21 billion USD
Bitcoin gold market cap: unknown but estimated at 2 billion USD

So the total market cap of bitcoin could be (129+21+2)= 152 billion USD

At the 152 billion market cap, bitcoin price could have been reached at 8.5k USD but due to the fork, we are still standing at 7.6k USD. So it is a bane to bitcoin and not a boon or blessing.

[Silberman]

Hello guys, how are u, we have witness fork several and I want to know your view, if it was a blessing to Btc or otherwise

There is no clear answer to this, in one hand forks are bad because it creates yet another coin with bitcoin on its name, this affects the brand since new investors will not know which one is the original when all of them claim to be the original vision of satoshi, but in the other hand forks are good since competition is increased and the price goes up as a result.

[LilibethSantos]

Most of these forks are simply just altcoins in disguise and pump & dump schemes. We will probably see a lot of them in 2018!

[iram1011]

Hello guys, how are u, we have witness fork several and I want to know your view, if it was a blessing to Btc or otherwise

Fork is never a blessing for bitcoin because it takes away a lot of investment from the main bitcoin to the forked coin weakening its financial health. So a bitcoin lover will never accept fork as a blessing. That may earn your some free money but on the long run, it is stealing money and investors from bitcoin. Let me give you a simple calculation,

Bitcoin market cap: 129 billion USD
Bitcoin cash market cap: 21 billion USD
Bitcoin gold market cap: unknown but estimated at 2 billion USD

So the total market cap of bitcoin could be (129+21+2)= 152 billion USD

At the 152 billion market cap, bitcoin price could have been reached at 8.5k USD but due to the fork, we are still standing at 7.6k USD. So it is a bane to bitcoin and not a boon or blessing.

This is completely wrong.

Forks are definitely not healthy for Bitcoin. But not in the way you stated. Fork coins are not taking out any investment from Bitcoin. These forks(BCH and BTG) had very less consensus. They were not of the level of bringing a major chain split that would have had impact on price. Right now they are altcoins having their own marketcap and aren't related with Bitcoin price action at all. Segwit2x if had been implemented with majority would have splitted the chain and hence the price. But not BCH or BTG.

[leonair]

Hello guys, how are u, we have witness fork several and I want to know your view, if it was a blessing to Btc or otherwise

I see those forks as a blessing for those people who supports it and wants to earn from bitcoin. Coins that are coming from hard forks are trying to out shine the original coin and are being used by some individuals for their personal interests. Recently we just experienced a sudden deep on Bitcoin's price and a huge increase on the price of BCH then it's price suddenly dropped for almost $800.

Forked coins are just like coins from ICO's but they have the name of bitcoin with them that is why it's price can be manipulated easily by other people.

[kotajikikox]

Hello guys, how are u, we have witness fork several and I want to know your view, if it was a blessing to Btc or otherwise

as my understanding about the fork is to correct the bitcoin as currency so I think is benefit from bitcoin have a fork because for me this is a test trial for bitcoin how they strong as currency.

[Silberman]

Most of these forks are simply just altcoins in disguise and pump & dump schemes. We will probably see a lot of them in 2018!

True and it is unfortunate now in the top 5 of coins according to market cap there are two other coins besides bitcoin calling themselves bitcoin, this is getting ridiculous and as far as we know other opportunistic people are creating their forks as well trying to benefit themselves with this fork mania, I just hope that no other fork reaches such a market cap and if possible that most of them disappear.