Post
Topic
Board Bitcoin Discussion
Re: What You Need To Know To Get FREE Bitcoin Gold During The Fork.
by
e-coinomist
on 05/10/2017, 10:35:43 UTC
Because those forks produce doubts about the bitcoin scarcity. If their name were not related to bitcoin it would be fine, but now some people will think that there are 2 kinds of bitcoin (21 M * 2), and that there will be 4 by the end of the year (21M *4). There can be only 1 true bitcoin but those alternatives  produce doubts.
Which happens to be the max supply of LTC, 21m * 4 = 84m. So far 53m are in circulation.
This supply dillution might create equal prices for 1 LTC == 1 BTC talking fifty bucks.
When that happens we are dead.