Are hard forks the poor developer's ICO?
Two attempts since August to hard fork bitcoin, two more ahead of us. These developers just want lay claim to the best cryptocurrency and instead of creating it from scratch they feel they need to hijack bitcoin - why?
Developers who pursue hard forks really are trying to get something for nothing. And they give us something for nothing (in the airdrop) to try to get us to subscribe to their sheisty intentions.
Hard forks are great for Bitcoin, because the prove that Bitcoin is right and strong. But I don't see how anyone can have pride in supporting or developing a hard fork.
Can you?
I don't really think so because these days even an ICO developer does not needs much funds to start his own ICO. Infact people are selling services to create erc 20 tokens in just 0.1 btc. I think anyone in this crypyo world can surely invest such an amount in his own ICO. So wont say that forks are for poor developers.
Yes ICO creation might cost less nowadays but the chance of people buying from your ICO is not that high. but for hard forks what only need to do is hold as many bitcoin as you can and once the altcoin is created you can sell that coin right away with a higher value. Every advantage is on the part of the supporters of the fork since they are the one who owns most of bitcoins.