Post
Topic
Board Development & Technical Discussion
Re: Why is Bitcoin the predominant one among forks?
by
ritsel02
on 27/11/2017, 06:00:51 UTC
Why is Bitcoin the predominant one among different forks, such as Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X?

Is it because Bitcoin is the most original one? Does it have to do with its price? Or does it have to do with its broad, generic name? Or because it's more widely adopted by many companies? In other words, is there some sort of complicated blockchain technology that will always make the Bitcoin most predominant one among different forks regardless of any circumstances? Is it theoretically possible for forks like Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X to be more predominant than Bitcoin in the future? I don't know much about blockchain technology and I wonder if it's ever related to the fact that Bitcoin's the most predominant one.

Being the original and first cryptocurrency would also do with Bitcoin's dominance. As it was more trusted now by more people, bitcoin's popularity continues to grow and the investors bad experiences upon investing forks leaves a lesson to every one not to easily invest in it again.As we have seen on the chart,  https://coinmarketcap.com/ it is loud and clear that bitcoin easily recovered even on the presence of hard forks and have proven its worth as the predominant coin among all those forks.