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Author Topic: *** Why so many upcoming Bitcoin hard forks in dec 2017? ***  (Read 675 times)
worldwide100 (OP)
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December 06, 2017, 06:41:11 PM
Last edit: December 06, 2017, 08:35:25 PM by worldwide100
 #1

The forks are Super Bitcoin, Bitcoin Platinum, Bitcoin Uranium, Bitcoin cash plus, Bitcoin silver, Bitcoin lightning network, Bitcoin century, Bitcoin Diamond & Bitcoin God maybe not the latest.

The list of the upcoming hardforks are published by Michael Matthews a Bitcoin Cash supporter according to the below website.
https://hype.codes/bitcoin-possible-upcoming-hard-forks

I wonder can the planed hard forks be a way to generate free money that can be exchanged to Bitcoin to dump Bitcoin price and pump Bitcoin cash price in order to present Bitcoin Cash as the rival alternative to Bitcoin and attract investors money?

If you watch the chart of BCH/BTC after segwit2x cancelled on 8 november you will notice the manipulation in the price of BCH which some points to be done from exchanges in South Korea that are not regulated.
https://www.tradingview.com/symbols/BCHBTC/

I think we have to watch very careful the move of the main figures behind Bitcoin Cash, as it seems to me the Bitcoin vs Bitcoin Cash battle is still going on as explained in the below website.
https://medium.com/@MiguelCuneta_21450/the-big-bitcoin-battle-what-i-found-out-about-bitcoin-vs-bcash-d9ebca8d370e

Bitcoin Platinum scheduled to fork on dec 12 , 2017
Bitcoin Cash Plus scheduled to fork between dec 12 and jan 2, 2018
Super Bitcoin scheduled to fork on dec 15, 2017
Lightning Network scheduled to fork on dec 23, 2017
Bitcoin God will scheduled to fork on dec 25, 2017
Bitcoin Uranium scheduled to fork on dec 31, 2017
The date of the fork for the other coins are still unknown.

News about Bitcoin “lightning network” hard fork
https://news.bitcoin.com/the-first-dpos-hard-fork-lightning-bitcoin-is-on-the-way/

News about Bitcoin Diamond & Century hard fork
https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

News about Bitcoin God
https://news.bitcoin.com/more-bitcoin-fork-clones-on-the-way-bitcoin-god-will-be-born-on-xmas-day/
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December 06, 2017, 06:49:59 PM
 #2

I Do not know why they keep on popping. The question is how will these forks affect the bitcoin market. with these upcoming forks bitcoin's price may fall back to 10K or maybe 9K depending on the support that people will show with these coins. Still there is nothing to be afraid of since bitcoin's price will just have a correction but will rise back up. good thing for traders.
worldwide100 (OP)
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December 06, 2017, 07:02:47 PM
 #3

The forked coins are alt coins and they do not affect the total supply of the original coin. We have seen Bitcoin gold forked few weeks ago which did not have any effect on the  price of Bitcoin.
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December 06, 2017, 07:26:43 PM
 #4

Do not see bitcoin being usurped by these forks. Question is whether any of these "fork" coins will be worth holding.
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December 06, 2017, 07:40:04 PM
 #5

Pretty sure this is all fueled by greed can't think of any other reason why we need these many forks. I mean are there more than 7-10 problems with the current bitcoin? I don't think so but they are all fighting to fix the few problems there are namely the speed and fees of the transaction. These are the two major problems but yeah like I said they are fighting greedily to fix these problems and have their own coin overtake real bitcoin.

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December 06, 2017, 09:37:55 PM
 #6

The forks are Super Bitcoin, Bitcoin Platinum, Bitcoin Uranium, Bitcoin cash plus, Bitcoin silver, Bitcoin lightning network, Bitcoin century, Bitcoin Diamond & Bitcoin God maybe not the latest.

The list of the upcoming hardforks are published by Michael Matthews a Bitcoin Cash supporter according to the below website.
https://hype.codes/bitcoin-possible-upcoming-hard-forks

I wonder can the planed hard forks be a way to generate free money that can be exchanged to Bitcoin to dump Bitcoin price and pump Bitcoin cash price in order to present Bitcoin Cash as the rival alternative to Bitcoin and attract investors money?

If you watch the chart of BCH/BTC after segwit2x cancelled on 8 november you will notice the manipulation in the price of BCH which some points to be done from exchanges in South Korea that are not regulated.
https://www.tradingview.com/symbols/BCHBTC/

I think we have to watch very careful the move of the main figures behind Bitcoin Cash, as it seems to me the Bitcoin vs Bitcoin Cash battle is still going on as explained in the below website.
https://medium.com/@MiguelCuneta_21450/the-big-bitcoin-battle-what-i-found-out-about-bitcoin-vs-bcash-d9ebca8d370e

Bitcoin Platinum scheduled to fork on dec 12 , 2017
Bitcoin Cash Plus scheduled to fork between dec 12 and jan 2, 2018
Super Bitcoin scheduled to fork on dec 15, 2017
Lightning Network scheduled to fork on dec 23, 2017
Bitcoin God will scheduled to fork on dec 25, 2017
Bitcoin Uranium scheduled to fork on dec 31, 2017
The date of the fork for the other coins are still unknown.

News about Bitcoin “lightning network” hard fork
https://news.bitcoin.com/the-first-dpos-hard-fork-lightning-bitcoin-is-on-the-way/

News about Bitcoin Diamond & Century hard fork
https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

News about Bitcoin God
https://news.bitcoin.com/more-bitcoin-fork-clones-on-the-way-bitcoin-god-will-be-born-on-xmas-day/

That list is very informative though what coins is able to claim today if I have BTC in my wallet already?

 
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alphacoco
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December 06, 2017, 09:41:17 PM
 #7

The lightning fork I'm most interested in so far. The others I just see as free cash to change in

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December 06, 2017, 09:56:32 PM
 #8

Seems like forks are going to become as something usual in sooner time. I also don't know what is the need of so much forks, but I am on the side of the conspiracy which is going to be used to make a little group of people like very very rich.
The lightning fork I'm most interested in so far. The others I just see as free cash to change in
You can't know which of this forks will produce something worthy. Nothing depend's from us, but from the group of speculators.
marcbitcoins
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December 06, 2017, 10:05:50 PM
Last edit: December 06, 2017, 11:48:07 PM by marcbitcoins
 #9

The forks are Super Bitcoin, Bitcoin Platinum, Bitcoin Uranium, Bitcoin cash plus, Bitcoin silver, Bitcoin lightning network, Bitcoin century, Bitcoin Diamond & Bitcoin God maybe not the latest.

The list of the upcoming hardforks are published by Michael Matthews a Bitcoin Cash supporter according to the below website.
https://hype.codes/bitcoin-possible-upcoming-hard-forks

I wonder can the planed hard forks be a way to generate free money that can be exchanged to Bitcoin to dump Bitcoin price and pump Bitcoin cash price in order to present Bitcoin Cash as the rival alternative to Bitcoin and attract investors money?

If you watch the chart of BCH/BTC after segwit2x cancelled on 8 november you will notice the manipulation in the price of BCH which some points to be done from exchanges in South Korea that are not regulated.
https://www.tradingview.com/symbols/BCHBTC/

I think we have to watch very careful the move of the main figures behind Bitcoin Cash, as it seems to me the Bitcoin vs Bitcoin Cash battle is still going on as explained in the below website.
https://medium.com/@MiguelCuneta_21450/the-big-bitcoin-battle-what-i-found-out-about-bitcoin-vs-bcash-d9ebca8d370e

Bitcoin Platinum scheduled to fork on dec 12 , 2017
Bitcoin Cash Plus scheduled to fork between dec 12 and jan 2, 2018
Super Bitcoin scheduled to fork on dec 15, 2017
Lightning Network scheduled to fork on dec 23, 2017
Bitcoin God will scheduled to fork on dec 25, 2017
Bitcoin Uranium scheduled to fork on dec 31, 2017
The date of the fork for the other coins are still unknown.

News about Bitcoin “lightning network” hard fork
https://news.bitcoin.com/the-first-dpos-hard-fork-lightning-bitcoin-is-on-the-way/

News about Bitcoin Diamond & Century hard fork
https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

News about Bitcoin God
https://news.bitcoin.com/more-bitcoin-fork-clones-on-the-way-bitcoin-god-will-be-born-on-xmas-day/


We have nothing to worries about these forks or any attempt to dump bitcoin because the numbers of bitcoin holders who have learned about these forks are greater than the begginers or lets say the panic people. These attempts will just make bitcoin pump for sure because lot of us are just waiting for another bitcoin price fall down then panic buying of bitcoin again thereafter.  Cheesy
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December 06, 2017, 10:11:13 PM
 #10

I try to answer, from my analysis, the goal is to reduce bitcoin sales and attract investors, because investors prefer to buy at low prices, so the system should often to do hardfork.
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December 06, 2017, 10:28:57 PM
 #11

I'm also curious about it. I don't know why they keep on forking Bitcoin. At first, their reasons were acceptable. They said that they wanted to do it to improve the crypto community, to create something which is better than Bitcoin, etc. But now, all I can see is that they wanted to destroy Bitcoin or they just want to create free money out of it. Whatever their reasons are, it is not helpful anymore in the community.
worldwide100 (OP)
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December 06, 2017, 10:44:29 PM
 #12

Can anyone in the forum forward the message of this thread to the "Bitcoin core developers" to investigate the situation? Thanks in advance.
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December 06, 2017, 11:09:49 PM
 #13

well, i think people are just looking for a quick buck. bitcoin will be forked many other times. but it needs just 1 good, fork. one that will bring down transaction fees, and speed up transaction times and maybe increases the supply. other than that, other forks are useless

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December 06, 2017, 11:26:27 PM
 #14

this is hard to answer i think because bitcoin still increasing the price and can't control the price look at now bitcoin increase its only an hours bitcoin increase their pice almost 100usd thats my opinion about why bitcoin so many upcoming fork in dec. 2017, neeed an correction how to control.

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December 06, 2017, 11:32:50 PM
 #15

This has gotten to be a bad joke. Notice that each fork being released is seeing lower and lower interest and price on futures markets. My expectation is that many/most of these (and especially any future forks) are going to be DOA as they can't even get an exchange to list them, and even with a backwater exchange those who do will tend to die off as pointless scamcoins.

There are scores of interesting altcoins doing a tremendous amount of innovative work alongside Bitcoin developing financial niches that Bitcoin by itself could never cover. Not  one of these forks is doing anything useful or original in that regard. Even Bcash and BTG are pointless scams  - if you want cheap fees, which is all Bcash offers, use IOTA or Dogecoin or hundreds of alternatives. If you want GPU mining, there are also hundreds of alternatives.

I'm not even wasting my time trying to redeem any coins I could get from these forks. We're already seeing widespread scamming in which scammers are stealing people's BTC by offering "services" to split their forked coins. That will be even more prevalent with these more obscure forks. So get involved with them at your peril, and don't cry to me when you get burned.

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December 06, 2017, 11:41:51 PM
 #16

The forked coins are alt coins and they do not affect the total supply of the original coin. We have seen Bitcoin gold forked few weeks ago which did not have any effect on the  price of Bitcoin.
Bitcoin forks doesn't affect the total supply of Bitcoin and the supply but it affect a lot of the pricing and transactions during hardfork.

The lightning fork I'm most interested in so far. The others I just see as free cash to change in
I can't this to happen and i want to see the changes of their low fees and fast transactions services. Probably more users will going to use it for sure and those who always complain why their transaction is too slow while the fees are too high.

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December 06, 2017, 11:48:11 PM
 #17

I think the reasons behind this so many hard fork is because bitcoin value really grows very fast that its value goes really high they need to adjust the price of bitcoin so if there will be an alt to divert the market of bitcoin probably the value of bitcoin will crash. But looking at the market status of bitcoin I think it will become difficult for an alt to get the trust bitcoin earns from people.
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December 06, 2017, 11:53:56 PM
 #18

Of course they say that bitcoin infrastructure is not enough and it should be improved. For example block size and speed. But I believe that some covetous developers want to make money and they decide to do hard fork. So they can make money by doing pre-mining. So thats the main reason for them.

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December 06, 2017, 11:56:10 PM
 #19

The forks are Super Bitcoin, Bitcoin Platinum, Bitcoin Uranium, Bitcoin cash plus, Bitcoin silver, Bitcoin lightning network, Bitcoin century, Bitcoin Diamond & Bitcoin God maybe not the latest.

Bitcoin crap 1, Bitcoin crap 2, Bitcoin crap 3, Bitcoin crap 4 and so on..

They all are the same bullshit, i dont know why there are some people who are still using those forks, the only legit ones were Bitcoin Cash and bitcoin gold.

Well, maybe bgold was not a good fork because a lot of people lost a lot of money because of the infected wallet.

But why do we have tons of useless forks right now?

They are super fast schemes in where the owner is the only one who earns a lot of money.
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December 07, 2017, 08:06:17 PM
 #20

but still, even tho it has even less value than the previous fork, it will have some value and people will flock for that. That is probably why bitcoin is rising so much

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