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Question: Do we really need a new bitcoin hard fork now?
Yes - 1 (20%)
No - 4 (80%)
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Not Sure - 0 (0%)
Total Voters: 5

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Author Topic: When is the next bitcoin hard fork? It helps boost the bitcoin price.  (Read 131 times)
cybersofts (OP)
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March 26, 2018, 02:41:49 PM
 #1

We all know the recent bitcoin hard forks helped boost the price to another level. If we can take the last year 2017 as a case study, we can see the bitcoin price skyrocketed from September to December when there was a lot of bitcoin hard forks. Basically, the previous bitcoin hard forks attracted the mind of many investors to bitcoin which helped boost bitcoin price to around $20,000 in last December. I think the bitcoin really need a new hard fork to boost the price so that the HOLDers can smile again because they are no longer smiling anymore - LOL. Share with us what you think on this matter. thanks Smiley
13abyknight
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March 26, 2018, 03:02:40 PM
 #2

Last year was the year of the hard forks and we're never going to see anything like them ever again. Lets just recall how much of a storm Bitcoin Cash initially caused when the public realized they were getting 1:1 value at the time of fork. Although the hype of the fork didn't last for too long and BCH lost most of its prominence coming into 2018, the price surge just post-fork was humongous.
Any more forks are completely uncalled for and will remain valueless all the way.
daarul50
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March 26, 2018, 06:58:30 PM
 #3

The hard fork happens because some communities or parties want to do it and support the incident. However, it is undeniable that a hard fork can indeed make a price increase against bitcoin because surely investors will roll around to buy bitcoins and store them in order to benefit from new coins generated from hard fork events. I personally also do not deny that a hard fork can boost the price increase bitcoin very quickly because with these events then the demand for bitcoin will exceed the sale of bitcoin so as to make the market conditions turned into a green zone.
Jimile
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March 26, 2018, 07:05:49 PM
 #4

I believe that with the current situation on the market and the fall in the price of bitcoin if it returns to the price of the beginning of the year, many people would be happy
Eternu
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March 26, 2018, 07:19:15 PM
 #5

Only reason why hard fork from 1st of August was good, was because holders got amount of BCH equal to amount of BTC they had in the moment of hard fork. But to wish for hard fork to happen again is wrong.
Price didn't jump to nearly $20,000 because of hard fork. Price jumped because of the hype, most of them thought they will all get rich only if they buy BTC and hold it for longer time... and I guess some of them did. But that was not because of the hard fork, it was because of the hype. We don't need another hard fork, at least that is what I think.
gentlemand
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March 26, 2018, 07:21:01 PM
 #6

The only hard fork with real significance was Bcash and there was no time to stock up on BTC to capitalise on it. And it hasn't really succeeded in fooling enough people since.

After that we have the ever dependable law of diminishing returns and the eternal desire of people involved in crypto to hammer something until it's stone dead.

Yet another hard fork would have to be truly outstanding and astonishing in any way to initiate a Bitcoin buying frenzy to capitalise on it. They'll no doubt keep on coming anyway. Very few will continue to give a shit.
nikola22
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March 26, 2018, 07:31:44 PM
 #7

there is no any good plan for the next hardfork so we can't rely it will boost the price of bitcoin. as you know the only successful fork was bitcoin cash (bitcoin gold looks poor and the others even worse).

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