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Author Topic: Are Forks really good for BTC ?  (Read 764 times)
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December 05, 2017, 11:04:43 AM
 #1

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

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December 05, 2017, 11:30:34 AM
 #2

In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin

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December 05, 2017, 11:44:54 AM
 #3

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it. 
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December 05, 2017, 11:56:32 AM
 #4

In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin
At the moment the hard forks haven't had anything to improve of the existing foundation that Bitcoin has layed out, so I would agree that as of now there hasn't been any worthy forks. But, this can change and I'm all for improving on Bitcoin. Bitcoin has certain limitations which will need to be fixed, whether that's through soft forks or hard forks remains to be seen.

Both affect Bitcoin directly and indirectly. Hard forks tend to create a false hype around Bitcoin because of the 'free' coins that people are promised.
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December 05, 2017, 11:57:02 AM
 #5

I really hate the "free-money" consept of every fork.
You have 1 bitcoin in your wallet that supports the fork and after the fork you have 1 bitcoin + 1 bitcoin s*it and the forked bitcoin has some value.You didn`t bought that altcoin,maybe you don`t want to own it,but there you go,it`s a like a gift.It`s like someone ,who owns a printing machine for fake dollars,gives you 1000 fake US dollars as a dift,just like that.You can sell the fake dollars for real dollars,but is this the right thing to do?

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December 05, 2017, 12:01:02 PM
 #6

I think in some point of view hardforks are good for Bitcoin. Because they show how stable Bitcoin is and how powerful its community. This might help Bitcoin to become legal in any country - great support.
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December 05, 2017, 12:06:23 PM
 #7

All previous hard-forks spread fear in the community, which impacts the community negatively. But that isn't necessary dangerous to Bitcoin itself, the real danger is the switching of miners to different forks. This causes a lot of delayed transactions and extremely high fees, which makes the coin really unattractive for micro-payments. Also the attacks of fork's fans to the Bitcoin network slows the network down.
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December 05, 2017, 12:07:28 PM
 #8

the forks that you see these days are not doing anything. all of them have been to make more money so far. i am nearly convinced that at least a couple of these forks have some whales behind them.
imagine you have at least a couple of hundred bitcoin. each fork gives you the same amount in that new token you created. selling each gives you a lot of profit, pumping each will also give you another huge profit. after a couple of pump and dumps you drop the project entirely and move on.
rinse and repeat and become a multi billionaire in a couple of years.

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December 05, 2017, 12:11:05 PM
 #9

Yes, likely, so we can see some challengers who wants to dethrone BTC. If they're point is right. And no, because it's becoming like politics, where someone wants to get control of BTC instead of being one with the community.

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December 05, 2017, 12:39:17 PM
 #10

Forks are trying to make BTC to lower its value but they never succeeded BTC still making it to the moon.

Because of this Forks whales are becoming more richer because they are the only benefiting alot when Forks are coming. They make BTC dump so that they can buy more BTC and have new btc** coin.

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December 05, 2017, 12:45:40 PM
 #11

I guess it will benefit bitcoin.
Because people will buy bitcoin to earn profit from the fork,
So this will affect the growth of bitcoin in marketcap.

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December 05, 2017, 12:46:29 PM
 #12

the forks surely good to people holds the bitcoin in there wallets , so it's an easy incoming money .. and i see it's not have a direct effect in bitcoin . so it's good to all .
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December 05, 2017, 12:54:16 PM
 #13

If the fork can solve a problem, that may be worth to try.
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December 05, 2017, 12:56:28 PM
 #14

We thought it's bad, however, looking at the price, we really find nothing bad now...

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December 05, 2017, 12:58:55 PM
 #15

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

The people who are promoting the forks will give enough reasons to support their position on the issue of solving problems, its not anywhere close because a lot of them claim to solve one problem or the other where the 4 coming out before January, are still looking to solve more problems and many more to come after that. I had mentioned that if everything is about problem I wonder how bitcoin had survived up to this moment that the problem didn't not even kill it from within.

Aside from the extra bucks its going to create to the pocket of people who had own some before the fork, I see no additional benefit they are bringing to the table. Every speculative news we have heard about adoption or ban of crypto currency, has always been about bitcoin and not the other versions. Which problem do they then to solve if not create more confusion for the community.
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December 05, 2017, 01:00:44 PM
 #16

I think in some point of view hardforks are good for Bitcoin. Because they show how stable Bitcoin is and how powerful its community. This might help Bitcoin to become legal in any country - great support.
it is not stable in terms of its price, fees, transaction speed and users, bitcoin is not stable at all, what's the smooth stability for this coin is the popularity, on price increase and it's throne from being number one cryptocurrency of all time.

the forks surely good to people holds the bitcoin in there wallets , so it's an easy incoming money .. and i see it's not have a direct effect in bitcoin . so it's good to all .
But BCH did some direct minimal damage to its price last month, that time some folks and small-time whales are switching to BCH but unfortunately it didn't last and turns out to be a dump and FUD it really triggers bitcoin to go for 10k plus, the rest are just free coins or free money.
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December 05, 2017, 01:04:13 PM
 #17

the forks that you see these days are not doing anything. all of them have been to make more money so far. i am nearly convinced that at least a couple of these forks have some whales behind them.
imagine you have at least a couple of hundred bitcoin. each fork gives you the same amount in that new token you created. selling each gives you a lot of profit, pumping each will also give you another huge profit. after a couple of pump and dumps you drop the project entirely and move on.
rinse and repeat and become a multi billionaire in a couple of years.

Well I guess what you said is the benefit of forks, through us just being smart can get a huge profit on it. And I also agree that some whales are behind them to make profit. But at least we still can benefit a little bit on forks through receiving free of them, and I can see it as an opportunity that we shouldn't miss. And maybe, this upcoming fork is different than before, so let's see.  Smiley

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December 05, 2017, 01:08:00 PM
 #18

Most forks die in a couple of years, they already have little influence on bitcoins. If the first forks could still affect the value, then the subsequent could not change the value of bitcoin.

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December 05, 2017, 01:09:36 PM
 #19

If you're an alt coiner that is unhappy with BTC but don't want to invest additional money it's a godsend. You now potentially have an alt that does everything you were missing from BTC without spending a single Satoshi.

Current hardforks being mostly pump-and-dump schemes without bringing anything new to the table is a negative, of course, but I don't see much harm done as long as the community stays clear of them for the most part. The crypto community has survived so many "investment" schemes that it really doesn't matter anymore. Just be careful out there.

In the end I still think that any real innovation will either become part of the core implementation or as part of a wholly new alt altogether. I don't see much input coming from hardforks unfortunately, but that might change in the future.

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December 05, 2017, 01:14:51 PM
 #20

These recent forks are nothing but a quick way to make money. They are no different from pump and dump altcoins. They might say they are trying to solve issues, but they want to make money first and foremost.
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December 05, 2017, 01:18:45 PM
 #21

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it. 

Yes they are creating new Altcoins and nothing really happens to bitcoin after the fork, or we just can't see the change after the fork, but some Altcoins that was brought up after the fork sometimes claims to be the real bitcoin than the bitcoin we used to know, or wants to replace bitcoin in telling some investors to rely it in the new upcoming coin, this is what happen to Bitcoin Cash, Developers introduce it as the real bitcoin.
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December 05, 2017, 01:25:13 PM
 #22

As I think the forks made with good purpose to help Bitcoin blockchain will not be overload. As everyone can see that at the moment it take too long to complete a Bitcoin transaction. It's the reason why there are a lot of hard forks to create a new cryptocurrency from Bitcoin to make people don't only focus on Bitcoin and make it become overload. The purpose of hard fork is very good but there are some hard forks are not, I think so Smiley

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December 05, 2017, 02:19:00 PM
 #23

This may be the cause of the increased demand for Bitcoin, so the price of Bitcoin continues to increase.
I do not even understand if this is controlled by a group. They are pushing hardfork for their benefit or is it the way they generate new coins and their goal is money?
I stopped thinking about it and enjoyed every free coin.
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December 05, 2017, 02:20:07 PM
 #24

They are good for Bitcoin price pumping Cheesy You can noticed on the chart that every time there was a fork it got pumped up and didn't drop.

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December 05, 2017, 02:30:53 PM
 #25

For the sake of increasing demand in bitcoin I think forks are quite good for bitcoin because it helps the market of bitcoin to remain strong though the alts introduce in the market don't stay as good as bitcoin still their value were good that investors get the chance to try investing on them. The value of bitcoin also appreciate because of the trust it earns from many people.

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December 05, 2017, 02:33:05 PM
 #26

Fork is really good for BTC because BTC holder will be get free new coin & at the same time BTC price go the moon.But one thing is not good I mean alt coin market is fully dump after fork.

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December 07, 2017, 09:29:05 AM
 #27

In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin

Totally agree with you.
I mean, if they do not implement such features into the BTC itself how can it improve ?!
Everyone knows that Bitcoin is the first and long I think it will remain at the top, so in this case forks are just another way to gain profit to the debs who develops the new ships-blockchain and the owner of the bitcoin before that block who has the total control of their wallet.

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December 07, 2017, 09:43:47 AM
 #28

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it. 

You see that's the problem.
The forks ideally are made to solve an issue. So if the community isn't agree on something, they can not manipulate the core program, so they split. In the first case, BCH, they will want to change it in a better way, I'm pretty sure, but what for others ?

So you are right, it doesn't affect Bitcoin in anyway so it remains with the problem.

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December 07, 2017, 09:45:06 AM
 #29

In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin
At the moment the hard forks haven't had anything to improve of the existing foundation that Bitcoin has layed out, so I would agree that as of now there hasn't been any worthy forks. But, this can change and I'm all for improving on Bitcoin. Bitcoin has certain limitations which will need to be fixed, whether that's through soft forks or hard forks remains to be seen.

Both affect Bitcoin directly and indirectly. Hard forks tend to create a false hype around Bitcoin because of the 'free' coins that people are promised.

Finally someone who knows what he was typing !  Wink Wink
Great words buddy, we're on the same boat!

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December 07, 2017, 09:52:11 AM
 #30

I really hate the "free-money" consept of every fork.
You have 1 bitcoin in your wallet that supports the fork and after the fork you have 1 bitcoin + 1 bitcoin s*it and the forked bitcoin has some value.You didn`t bought that altcoin,maybe you don`t want to own it,but there you go,it`s a like a gift.It`s like someone ,who owns a printing machine for fake dollars,gives you 1000 fake US dollars as a dift,just like that.You can sell the fake dollars for real dollars,but is this the right thing to do?

yes, that exactly what makes me think Hard forks are not good at all

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December 07, 2017, 09:56:12 AM
 #31

the forks that you see these days are not doing anything. all of them have been to make more money so far. i am nearly convinced that at least a couple of these forks have some whales behind them.
imagine you have at least a couple of hundred bitcoin. each fork gives you the same amount in that new token you created. selling each gives you a lot of profit, pumping each will also give you another huge profit. after a couple of pump and dumps you drop the project entirely and move on.
rinse and repeat and become a multi billionaire in a couple of years.

That seems to me an old way to do economy like central banks are used to.
So yes, for me hard forks are just another way to split your coin and get instant profit and nothing more.

I'm a libertarian bitcoiner and I do not think this will solve in any way the issue that BTC is facing nowadays. Everyone has to come a conclusion of soft forks inside the core program so it does not affect its credibility.

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December 07, 2017, 10:00:49 AM
 #32

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

The people who are promoting the forks will give enough reasons to support their position on the issue of solving problems, its not anywhere close because a lot of them claim to solve one problem or the other where the 4 coming out before January, are still looking to solve more problems and many more to come after that. I had mentioned that if everything is about problem I wonder how bitcoin had survived up to this moment that the problem didn't not even kill it from within.

Aside from the extra bucks its going to create to the pocket of people who had own some before the fork, I see no additional benefit they are bringing to the table. Every speculative news we have heard about adoption or ban of crypto currency, has always been about bitcoin and not the other versions. Which problem do they then to solve if not create more confusion for the community.

Great words.
Everyone is looking to have control to their wallet to even make more profit from the future hard forks. That's not what it was intended to do with that. If the dumped when they have made some profits with the free money due to the split of the blockchain and still it does not solve any issue if the new crypto will not be adopted more than previous one - the only one.

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December 07, 2017, 10:06:23 AM
 #33

I think, forks of bitcoin is important since many BIG mining companies supports in it, but, sometimes it causes bitcoiners to be panic because if they support another split coin , bitcoin decreases in a long-short period of time. However, I cannot defend the negative accusations about bitcoin, I always depend on my assurance that bitcoin will always be volatile in terms of increasing it's price. (:
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December 07, 2017, 10:08:43 AM
 #34

These recent forks are nothing but a quick way to make money. They are no different from pump and dump altcoins. They might say they are trying to solve issues, but they want to make money first and foremost.

I think most of the old users think the same about it

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December 07, 2017, 12:19:34 PM
 #35

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

BTC forks improve bitcoin because it add more demand for btc price .

if you have 10 btc in your wallet before fork willl get 10 btc free from new fork
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December 09, 2017, 01:56:17 AM
 #36

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it.
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December 09, 2017, 02:10:28 AM
 #37

They are good for Bitcoin price pumping Cheesy You can noticed on the chart that every time there was a fork it got pumped up and didn't drop.


yes i totally agree with you because i can also notice that everytime theres an upcomming forks or segwits  the price of bitcoin usually starts to increase overtime just before the forks/segwit begins and i think it is because people holds and buys more bitcoin because they are assumming that they could get a free forked coins which is equivalent to their bitcoin balances and that simply means the more your bitcoin balance the more your free forked coins youl also get. one reason i also think that forks are good its because they add innovation to bitcoin by updating or upgrading the bitcoin networks by fixing some major issues and problems like scalling and to increase the current block size to avoid the transactions for getting congested and stuck/unconfirmed.
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December 12, 2017, 08:01:25 AM
 #38

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

BTC forks improve bitcoin because it add more demand for btc price .

if you have 10 btc in your wallet before fork willl get 10 btc free from new fork

Yes I know you can get free-coin from a fork. But is it really worth for the community? Or is it another way to gain extra money in short ?

Because if everytime a new Bitcoin fork try to became the " true BTC" by changing some code but it fails miserably it does not make much sense other then make you richer.

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December 12, 2017, 08:04:57 AM
 #39

In my opinion forks are not good because they raise inflation creating new coins. Also, they abuse the name of Bitcoin and that's not fair.
Maybe (but just maybe) there could be some fork done with honest intentions, because its developers really want to implement new feature to make Bitcoin better, but that's not the right way to do it. This way it looks just speculation and free money to get...

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December 12, 2017, 08:05:58 AM
 #40

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it.

Not totally true.
Even the Bitcoin core has a team behind it and they work even harder.
When they try to add such new features by fork the blockchain creating a new alt coin, they think their coin would become the " Main BTC" because of that problem that it solves.

But for now, they do not change a thing in my opinion. If they truly want to solve a problem they have to act inside the BTC itself otherwise we continue to have such a issues.

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December 12, 2017, 08:09:49 AM
 #41

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it. 
yes, I agree with you, that fork also has advantages for those who have bitcoin, and besides that also fork have an effect on to repair system.

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December 12, 2017, 08:10:40 AM
 #42

They are good for Bitcoin price pumping Cheesy You can noticed on the chart that every time there was a fork it got pumped up and didn't drop.


yes i totally agree with you because i can also notice that everytime theres an upcomming forks or segwits  the price of bitcoin usually starts to increase overtime just before the forks/segwit begins and i think it is because people holds and buys more bitcoin because they are assumming that they could get a free forked coins which is equivalent to their bitcoin balances and that simply means the more your bitcoin balance the more your free forked coins youl also get. one reason i also think that forks are good its because they add innovation to bitcoin by updating or upgrading the bitcoin networks by fixing some major issues and problems like scalling and to increase the current block size to avoid the transactions for getting congested and stuck/unconfirmed.

Great words buddy.
In my opinion however with forks they do not solve any problem inside BTC because they create another altcoin. So the features the implement are only for the new  bitcoin-something. It can at first be thought like it has to be a test before implementing in the main BTC, but at the end we saw that was not something like that.
Instead they continue to fork...

Other than get free-coin unfortunately I do not see it in a good way.

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December 12, 2017, 08:11:59 AM
 #43

In my opinion forks are not good because they raise inflation creating new coins. Also, they abuse the name of Bitcoin and that's not fair.
Maybe (but just maybe) there could be some fork done with honest intentions, because its developers really want to implement new feature to make Bitcoin better, but that's not the right way to do it. This way it looks just speculation and free money to get...

We're on the same boat!
Hoping what you wrote  Roll Eyes Sad

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December 12, 2017, 08:30:35 AM
 #44

I think forking bitcoin is duplication and it can be confusing either now or in the future; that is, taking about the name bitcoin but on the contrary as to the effects, I think it has made bitcoin relevant more and profiting because ever since forking, bitcoin has been going bullish.
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December 12, 2017, 08:37:50 AM
 #45

This is what i thought first when forks has been made to solve issues related to scale and blockchain and possible frauds. But, as promotion starts for forks like it's an ICO, i start thinking other ways. So Forks are really good for holders and investors. Remember all the latest forks in bitcoin blockchain that aim to solve specific problems but the issues still occurs till our days.
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December 12, 2017, 09:05:07 AM
 #46

No, Bitcoin forks are usually for the gain of the developers, they pre-mine a large amount of coins and have huge gains once the coins reach the exchanges.
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December 18, 2017, 02:16:41 PM
 #47

I think forking bitcoin is duplication and it can be confusing either now or in the future; that is, taking about the name bitcoin but on the contrary as to the effects, I think it has made bitcoin relevant more and profiting because ever since forking, bitcoin has been going bullish.
Yes, I think many people does not understand which is the main difference between BTC and BCH - I heard once someone said that there are also "fake Bitcoin" nowadays  Grin Cheesy
The free-money is a problem because the short investor see it as a form of gain extra money easily without any effort.
On the other hand there are folks that believe that forks make BTC core stronger and stronger

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December 18, 2017, 02:20:00 PM
 #48

It's been proven that forks only strengthen BTC even more. Just like how it recently went with Bitcoin Cash.
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December 18, 2017, 02:24:57 PM
 #49

This is what i thought first when forks has been made to solve issues related to scale and blockchain and possible frauds. But, as promotion starts for forks like it's an ICO, i start thinking other ways. So Forks are really good for holders and investors. Remember all the latest forks in bitcoin blockchain that aim to solve specific problems but the issues still occurs till our days.
Sooner or later they have to implement and change features that are causing Bitcoin a lot of problem of scalability. The Hype there is now make it even worse.

Every forks believe that they are " what BTC should be" but they fail somewhere.
The core Bitcoin has to see how the new fork is resolving the issue and if it works then they could implement inside it. in other words the forks has to be the test.

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December 18, 2017, 02:25:51 PM
 #50

No, Bitcoin forks are usually for the gain of the developers, they pre-mine a large amount of coins and have huge gains once the coins reach the exchanges.

SCAMMERS in other words  Grin Cheesy

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December 18, 2017, 02:26:17 PM
 #51

It's been proven that forks only strengthen BTC even more. Just like how it recently went with Bitcoin Cash.

Hoping so buddy

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December 18, 2017, 02:30:07 PM
 #52

As I think the forks made with good purpose to help Bitcoin blockchain will not be overload,It's the reason why there are a lot of hard forks to create a new cryptocurrency from Bitcoin to make people don't only focus on Bitcoin and make it become overload.The purpose of hard fork is very good but there are some hard forks are not, I think so
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December 18, 2017, 04:52:04 PM
 #53

yes bitcoin cash is fork and give us other good coin when bitcoin be so expensive.
most of bitcoin forks only altcoin with small support and bad developer when to be rich fast.
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December 18, 2017, 05:29:49 PM
 #54

I did not see any change in the BTC with respect to forks.
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December 18, 2017, 07:54:25 PM
 #55

I don't think btc fork can affect btc in any way. Forking btc means they are creating a entire new altcoin and I don't think the creation of a new altcoin will affect bitcoin in any way. The developers  fork bitcoin to make a coin which has  better features than bitcoin with less transaction fees, faster confirmation etc. But I think all these forked coins are less decentralized than bitcoin because these forked coins have got a team behind it. 
yes, I agree with you, that fork also has advantages for those who have bitcoin, and besides that also fork have an effect on to repair system.
Fork challenges it teach a lot to bitcoin which make bitcoin more strong then ever so I will agree with that forks are really good for bitcoin if these forks will not come to ward bitcoin so I don’t think so bitcoin will become strong and popular in markets when china ban bitcoin so everyone was thinking that it’s a end of bitcoin but the way bitcoin fight against china so I will must appreciated bitcoin and now we can see where is bitcoin and what is it price.
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December 18, 2017, 08:33:31 PM
 #56

There are still only 21m BTC, so I think fork is not very influential.
Interestingly, we added BCH, BTCUN, SBTC in our wallets.
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December 18, 2017, 08:44:55 PM
 #57

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

From my own understanding of what the forks was partly intended to do was to somehow reduce the price strength of the bitcoin and share with the newly formed fork/branch. Bitcoin after each fork will then regarner strength and build up again. Apart from having free equivalent volume of what you had in your bitcoin, a new coin is being formed and given value with the influence of the bitcoin. On the overview, we can see that the forks have had no real impact on the bitcoin itself.
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December 18, 2017, 09:21:31 PM
 #58

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?
As far as i can tell,none of the forks which happened since August 1 have had the desired effect it was meant to have, we are still paying outrageous fees to miners so that our transactions get confirmed and its taking longer than ever for that to happen.
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December 18, 2017, 09:49:54 PM
 #59

nope just people trying to get free money .It is working so more power to then. Anything with bitcoin in its name get free money tossed at it

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December 18, 2017, 10:06:23 PM
 #60

Forks are really good for generating money out from the air, esp. for fork-makers.
I have doubts that they will be really wide-spreaded, however useful & progressive they might be.
BTC is the slow, expencive but true golden standard of Cryptos, people will believe it despite of it's technical imperfection.
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December 26, 2017, 11:48:04 AM
 #61

As I think the forks made with good purpose to help Bitcoin blockchain will not be overload,It's the reason why there are a lot of hard forks to create a new cryptocurrency from Bitcoin to make people don't only focus on Bitcoin and make it become overload.The purpose of hard fork is very good but there are some hard forks are not, I think so

I think they miss the point: there cannot be more than one CORE Bitcoin. And as for now how many are out there ? Too much for being consider only one. I mean the other has to be "test-coin" and if that feature works better than Core one, so they have to implement that. But for now I see only as free-coin or free-money and I don't like too much 'cause they are right referring BTC as a " form only to speculate". So the forks now are pretty seen like that.

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December 26, 2017, 11:53:55 AM
 #62

So, https://b2x-segwit.io/ was made by blockstream devs.
The goal of fork is  to destroy bitcoin.
Blockstream devs openly work on destroying bitcoin with fees, and now also with stupid forks.
Blockstream is on Roger Ver payroll? The only man who benefits from this SegWit drama is Roger Ver with his Bitcoin.com website. Andreas Antonopoulos, biggest 1mb limit shill, was openly paid recently by Roger Ver in form of "donations". What for he was paid over $1mil? For not liking BCH and supporting high fees in BTC blockchain? Roger Ver goal is full control of bitcoin software and bitcoin.com website, so he can be a bitcoin boss. And the only way for him to succeed is destroying bitcoin.org software.
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December 26, 2017, 11:54:46 AM
 #63

yes bitcoin cash is fork and give us other good coin when bitcoin be so expensive.
most of bitcoin forks only altcoin with small support and bad developer when to be rich fast.

That's the main reason that scares me and most of. The Devs that forked the BTC core blockchain could have a fair idea in their mind but it's so difficult to tell if they truly have a good purpose. Or if that would be a shit-coin even if it's called BTC-something. And many believe that with forks that can gain extra money so they dump after having accredited.

Think about that: how can you explain that to newbies ?
It's quite hard

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December 26, 2017, 11:59:51 AM
 #64

I did not see any change in the BTC with respect to forks.

The problem is what you exactly mentioned. The other forks think that they can be the BTC core number 1 and replace the "old Bitcoin" but they failed. Because you cannot replace the first cryptocurrency just saying " you're better then that" : you at first have to prove it why and have the community and the history behind it. So I think the forks would never replace the core BTC but the good features they solve could be implemented on the Bitcoin core itself

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December 26, 2017, 12:01:10 PM
 #65

Since ICOs have been banned in China, BTC forks become next big thing to attract new investors. I think most of them are just another HYIPs and there is no need to make 5-8 BTC hard forks each month.
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December 26, 2017, 12:04:26 PM
 #66

I think it's all a speculation. Just my opinion tho
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December 26, 2017, 12:05:45 PM
 #67

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?
As far as i can tell,none of the forks which happened since August 1 have had the desired effect it was meant to have, we are still paying outrageous fees to miners so that our transactions get confirmed and its taking longer than ever for that to happen.

Unfortunately you're right! What they all brought it is confusion and make BTC even stronger but still with some problems to be solved. So in a kind different angle we are "controlled" by miner and the cost of their fees that get higher and higher.

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December 26, 2017, 12:11:14 PM
 #68

nope just people trying to get free money .It is working so more power to then. Anything with bitcoin in its name get free money tossed at it

I'll go along with you.
I studied so long that issue and overtime I come with the same conclusion: it doesn't make any sense other than grow BTC core even more.
When you read about new fork has coming you are quite exiting: FREE MONEY!!
But if you look further you realise that it could be dangerous for the community itself and it's so hard to communicate with the newbie the potential of decentralise coins.

I hope they gonna solve the issues soon : we need it!

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December 26, 2017, 12:11:22 PM
 #69

In my opinion no, i think the developer of new forked bitcoin just want to make profit, some of them have like a ton of pre minned coin and want to dump it as soon as possible. Cheaper fee faster transaction just a fake reason too.
And now almost every body that have little knowledge about blockchain tech can make their own version of bitcoin
At the moment the hard forks haven't had anything to improve of the existing foundation that Bitcoin has layed out, so I would agree that as of now there hasn't been any worthy forks. But, this can change and I'm all for improving on Bitcoin. Bitcoin has certain limitations which will need to be fixed, whether that's through soft forks or hard forks remains to be seen.

Both affect Bitcoin directly and indirectly. Hard forks tend to create a false hype around Bitcoin because of the 'free' coins that people are promised.

I'm still new to this fork thing and hope i get some clarification here. So fork coins are just altcoins that confused you to put some of your bitcoin to their project and will give you a same amount of it as fork?

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December 26, 2017, 12:38:14 PM
 #70

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?
As far as i can tell,none of the forks which happened since August 1 have had the desired effect it was meant to have, we are still paying outrageous fees to miners so that our transactions get confirmed and its taking longer than ever for that to happen.

I think BTC's price is largely due to electricity tariffs, if there is no miner that BTC can not survive, ETH is the same.
Why do you think we should reduce the cost of paying the miners? The Kingdom is based on the miners' support, and that's the rule.
As you say, the confirmation is getting slower and slower...
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December 26, 2017, 02:11:08 PM
 #71

I think bitcouine will benefit.
Because people will buy bitcoin to earn profit from the gag,
This will affect the growth of bitcoin in the market cap. The number of invesment in bitcoin but growing.
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December 26, 2017, 02:18:42 PM
 #72

I don't now whether the forks are good for Bitcoin or not. But they have been good for me. Check the exchange rates of Bitcoin and the various forked coins (as per Coinmarketcap):

1. Bitcoin: $15,574 (per coin)
2. Bitcoin Cash: $3,012
3. Bitcoin Gold: $302
4. Bitcoin Diamond (futures): $62
5. Bitcoin Unlimited (fut.): $238
6. Bitcoin United: $550
7. Super Bitcoin: $337

There are 7-8 other forked coins as well, but I am not listing them. In total, if you had 1 BTC on August 1 2017, then you will be having more than $20K worth of coins right now.
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December 26, 2017, 02:20:48 PM
 #73

Honestly, other than the pump BTC usually gets right before the fork they don't seem to really affect it. After everything is said and done it just becomes another altcoin.
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December 26, 2017, 05:08:04 PM
 #74

New fork Segwit2X fork can make the Bitcoin community bigger and the chain stronger
More info here: https://b2x-segwit.io/

You can help to promote the fork by submitting a support ticket to your favorite exchange and ask if they foresee the Segwit2x fork listing anytime soon.
The larger and more active is the community - the faster exchange platforms should commit to a fork

1. Bitfinex
https://www.bitfinex.com/support
https://twitter.com/bitfinex

2. Bithumb
https://www.bithumb.com/u1/US129/18?v=pc

3. Bittrex
- https://bittrex.zendesk.com/hc/en-us
- http://slack.bittrex.com/
- https[Suspicious link removed]xchange

4. Binance
https://support.binance.com/hc/en-us
https://twitter.com/binance_2017
https://t.me/binanceexchange (ENG)
https://t.me/BinanceChinese (CH)
https://t.me/binanceexchange (RU)


5. OKEx
https://www.okex.com/linkUs.html
https://twitter.com/OKEx_

6. Poloniex
https://poloniex.freshdesk.com/support/home
https://twitter.com/Poloniex

7. Bitstamp
https://www.bitstamp.net/
https://twitter.com/Bitstamp

8. Huobi
https://www.huobi.pro/
https://twitter.com/HUOBI_Pro
https://t.me/huobiproofficial

9. Kraken
https://support.kraken.com/hc/en-us/requests/new
https://twitter.com/krakenfx

10. EXX
https://cex.io/
https://t.me/EXXcom
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December 27, 2017, 02:35:18 PM
 #75

Honestly, other than the pump BTC usually gets right before the fork they don't seem to really affect it. After everything is said and done it just becomes another altcoin.

For now maybe. But if you look at bcc, it has a very good chance of becoming a major player in the crypto market. Well other fork coins i think aren't that promising like lightning or god, but bcc has a good future with roger ver backing it

 
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January 01, 2018, 08:30:36 PM
 #76

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?
As far as i can tell,none of the forks which happened since August 1 have had the desired effect it was meant to have, we are still paying outrageous fees to miners so that our transactions get confirmed and its taking longer than ever for that to happen.

I think BTC's price is largely due to electricity tariffs, if there is no miner that BTC can not survive, ETH is the same.
Why do you think we should reduce the cost of paying the miners? The Kingdom is based on the miners' support, and that's the rule.
As you say, the confirmation is getting slower and slower...

I agree with you that Miners are essential for the network to live - and without anyone who control and approve the block, the idea of decentralisation can no longer exist. However they want to gain extra money to approve first the transaction for which they put an higher fee than others so the fee would increase more and more.

So it's no longer the " low fee" which could convince a merchant to accept that type of payment on their store.

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January 01, 2018, 08:33:12 PM
 #77

I don't now whether the forks are good for Bitcoin or not. But they have been good for me. Check the exchange rates of Bitcoin and the various forked coins (as per Coinmarketcap):

1. Bitcoin: $15,574 (per coin)
2. Bitcoin Cash: $3,012
3. Bitcoin Gold: $302
4. Bitcoin Diamond (futures): $62
5. Bitcoin Unlimited (fut.): $238
6. Bitcoin United: $550
7. Super Bitcoin: $337

There are 7-8 other forked coins as well, but I am not listing them. In total, if you had 1 BTC on August 1 2017, then you will be having more than $20K worth of coins right now.

You are right BUT does it really help Bitcoin to improve its potential ?
Or are you just a speculator who wants to gain easy money and does not care about its revolutionary idea ?

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January 01, 2018, 08:34:19 PM
 #78

New fork Segwit2X fork can make the Bitcoin community bigger and the chain stronger
More info here: https://b2x-segwit.io/

You can help to promote the fork by submitting a support ticket to your favorite exchange and ask if they foresee the Segwit2x fork listing anytime soon.
The larger and more active is the community - the faster exchange platforms should commit to a fork

1. Bitfinex
https://www.bitfinex.com/support
https://twitter.com/bitfinex

2. Bithumb
https://www.bithumb.com/u1/US129/18?v=pc

3. Bittrex
- https://bittrex.zendesk.com/hc/en-us
- http://slack.bittrex.com/
- https[Suspicious link removed]xchange

4. Binance
https://support.binance.com/hc/en-us
https://twitter.com/binance_2017
https://t.me/binanceexchange (ENG)
https://t.me/BinanceChinese (CH)
https://t.me/binanceexchange (RU)


5. OKEx
https://www.okex.com/linkUs.html
https://twitter.com/OKEx_

6. Poloniex
https://poloniex.freshdesk.com/support/home
https://twitter.com/Poloniex

7. Bitstamp
https://www.bitstamp.net/
https://twitter.com/Bitstamp

8. Huobi
https://www.huobi.pro/
https://twitter.com/HUOBI_Pro
https://t.me/huobiproofficial

9. Kraken
https://support.kraken.com/hc/en-us/requests/new
https://twitter.com/krakenfx

10. EXX
https://cex.io/
https://t.me/EXXcom

SCAM  Shocked Shocked Grin

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January 01, 2018, 09:05:56 PM
 #79

not really....
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January 01, 2018, 10:12:34 PM
 #80

I don't really know the answer myself and i have been wondering the same thing, are forks really good for btc? Does it really help bitcoin to improve? I have read some answers of people in the crypto community, they said that bitcoin forks dont really helps bitcoin to improve, it is just developers want to profit. I don't really know what to believe so i will just make my own research if whether forks helps bitcoin to improve or not.

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January 01, 2018, 10:14:18 PM
 #81

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

People who benefit from forks are the developers. And it just makes the price of bitcoin fluctuate so much. It does not help us, it is just a waste of space.
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January 01, 2018, 10:32:35 PM
 #82

Forking is not the answer, but it is necessary for bitcoin to grow. There will always be a divide between groups so instead of voting and letting things be for BTC, it's better to let them split and new technology be tried and judged by the masses. From there, we will know which one will be the one true BTC based on technology and how it will advance our beloved coin.

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January 02, 2018, 12:56:45 PM
 #83

I know truly that forks is a good thing for Bitcoin holders because they get these fork coins for free in the number of their BTC coins. Users get in the fork one perspective currency as Bitcoin Cash
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January 09, 2018, 01:03:31 PM
 #84

I don't really know the answer myself and i have been wondering the same thing, are forks really good for btc? Does it really help bitcoin to improve? I have read some answers of people in the crypto community, they said that bitcoin forks dont really helps bitcoin to improve, it is just developers want to profit. I don't really know what to believe so i will just make my own research if whether forks helps bitcoin to improve or not.

And which are your conclusions?
I mean it has a big issue for the community itself expaining why there is such a speculation behind the forks and the profit that Devs want to obtain instantly and don't care about anything at all.

What they are saying everytime: we made the new Bitcoin! Come and buy it, we'll solve this and that. If it was one of two maybe I would believe at first but now..

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January 09, 2018, 01:08:31 PM
 #85

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

People who benefit from forks are the developers. And it just makes the price of bitcoin fluctuate so much. It does not help us, it is just a waste of space.

Agree with you. And for those who think " free-coin" and supporting forks are those the bad guys that just want to gain extra and easy money speculating by dumping when the first block of the fork is mined. They are frinking out the news and the whole ecosistem.

The Devs we know they just want to make theirselves richer but that secondary I think. I mean they spend their effort by coding at least..

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January 09, 2018, 01:11:27 PM
 #86

Forking is not the answer, but it is necessary for bitcoin to grow. There will always be a divide between groups so instead of voting and letting things be for BTC, it's better to let them split and new technology be tried and judged by the masses. From there, we will know which one will be the one true BTC based on technology and how it will advance our beloved coin.

Yes, but they have to declare: look this is a test! We don't know if it gonna work better but we'll give it a shoot. And not pretend to be Bitcoin core from day 0 because they call themselves Bitcoin-some-shit.

I agree with you it's a test mode. And if the fork will really solve the problem, they would have to implement in the core system

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January 09, 2018, 01:11:55 PM
 #87

Don't think to much for your own.
Let's make a discussion out of the box.

When there is a new fork people are so exiting because in this way they can split their BTC with a new Crypto.
Very lucky for you buddy!

BUT, is it really worth for the community? Or is it another way to speculate and try to gain extra money ?

I mean Bitcoin ha seriously issue and everyone know about it. You guess it: scalability, fees to hight, ect

Could the new forks really solve the issue?
Because if everyone see them as free-money it's definitely not worth it and BTC remain with its problems

What do you think ?

good? i think yes, fork will give u free money... but besides, fork has no big effect on btc ... i think some coin fork not too have advantages other than for carrying frills btc ....
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January 09, 2018, 01:17:21 PM
 #88

In what I see in the market, forks or no forks bitcoin remain the same and people still investing on it.

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January 09, 2018, 01:33:12 PM
 #89

I think forks are healthy for bitcoin competition. It feeds more attention to both parties, like bitcoins vs Segwit2x. This usually drops the price of both coins therefore drawing a lot of attention thus attracting more and more investors to buy both coins, allowing for a dual competition.

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January 09, 2018, 01:53:18 PM
 #90

whether positive or negative effects i don't thin forks has a great effect on bitcoin.
but i honestly cannot understand the reason why developers would want to create forks instead of creating their own projects from the beginning without using the name of bitcoin anymore.
if the developers of this coins truly believes in the potential of what they are creating then they must feel confident launching it without the name of bitcoin being used anymore.

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January 09, 2018, 04:22:21 PM
 #91

Not really, just feel that miners that support certain forks are just greedy for money. However, I don't think forks have a large effect on Bitcoin in the long term, as people still view Bitcoin as the most valuable of all the forks and altcoins.

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January 11, 2018, 08:47:28 PM
 #92

I don't think it is good for BTC because the forks are mainly focusing in gaining profit and giving illusions that their transaction fees are cheaper, when it fact, it can be the same.
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January 16, 2018, 03:43:14 PM
 #93

Not really, just feel that miners that support certain forks are just greedy for money. However, I don't think forks have a large effect on Bitcoin in the long term, as people still view Bitcoin as the most valuable of all the forks and altcoins.

Totally agree with you mate. It's totally a waste of time that forks. What it really matters is the core developers on the first project - lightning will come and fix our problem  Grin

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January 16, 2018, 03:44:47 PM
 #94

I don't think it is good for BTC because the forks are mainly focusing in gaining profit and giving illusions that their transaction fees are cheaper, when it fact, it can be the same.

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