Post
Topic
Board Speculation (Altcoins)
Re: Do we need more BTC forks?
by
Quidat
on 07/12/2017, 22:31:47 UTC
Seriously, if we just look at how many hardforks bitcoin will get this month. Will that have a positive or negative impact on bitcoin?


I can imagine, now that bitcoin becomes more and more mainstream, that more forks will follow next year. However does a negative hardfork impact bitcoin in the future?
Forks are just a way to form new currency but for now there is no need of more fork as it every time makes a new coin on bitcoin algorithm but its not a success. Every time they try to make another bitcoin but its impossible to do so. Most of the forks have created coins which just have the name of bitcoin with it but has no success. Bitcoin is a very big currency and no one can replace it is any way. I don’t think there is any need of more bitcoin forks.
True, this is why i do treat these forks are meaningless instead on making upgrades or solution it do end up on just creating a new altcoin which do have a bitcoin name attached to it and nothing new.Most people do like it specially on hoarders of BTC because this would really give them easy money or quick buck when theres a fork but still ends up on cashing it out since peoples loyalty would really still remain to bitcoin.