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Author Topic: Hardfork is not a reason to boost market prices  (Read 31209 times)

Offline ayatoslaw

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Hardfork is not a reason to boost market prices
« on: January 04, 2019, 05:43:51 PM »
lots of people say, that coins are hard because the memory has crashed, and the way to raise the price is by doing hardfork,
but does it really need to be done?
if I see hardfork sometimes it must be needed if indeed the coin has many disadvantages,
and with hardfork, hopefully the coins can get better.
what do you think?

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Hardfork is not a reason to boost market prices
« on: January 04, 2019, 05:43:51 PM »

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Online tsakf

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Re: Hardfork is not a reason to boost market prices
« Reply #1 on: January 04, 2019, 05:56:28 PM »
lots of people say, that coins are hard because the memory has crashed, and the way to raise the price is by doing hardfork,
but does it really need to be done?
if I see hardfork sometimes it must be needed if indeed the coin has many disadvantages,
and with hardfork, hopefully the coins can get better.
what do you think?

I think that hard forks, just settle up things when there are disagreements between different groups about the future steps of a cryptocurrency. This helps a lot because the new coins created, have their own properties and market finds the correct prices for each coin

Offline DogeTalk

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Re: Hardfork is not a reason to boost market prices
« Reply #2 on: January 04, 2019, 07:24:40 PM »
but the fact is if hardfork occurs, most of the coins get a large amount of volume so the price will increase instantly. it happens when bitcoin experiences hardfork, BCH and later ethereum will experience the same thing.

Offline ZionRTZ

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Re: Hardfork is not a reason to boost market prices
« Reply #3 on: January 04, 2019, 08:08:29 PM »
lots of people say, that coins are hard because the memory has crashed,

Can you explain what do you even mean by this sentence? It does not make sense to me at all.

if I see hardfork sometimes it must be needed if indeed the coin has many disadvantages, and with hardfork, hopefully the coins can get better.
It's not necessarily because it has many disadvantages. It's also because developers cannot reach a consensus on the direction of the project so the team had no other choice but to split.

Boosting price is not the main intention of hardforks. It is the community who takes advantage of such event to get some kind of free coins.

Offline PreshB

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Re: Hardfork is not a reason to boost market prices
« Reply #4 on: January 04, 2019, 09:34:34 PM »
Yes  is  not,   but  its   relate  to  blockchain  technology,  it  is   a   radical   change  to  the  protocol  that  makes previous  invalid  blockchain  and  transactions  to  be  valid  (vice  versa).

Offline fallenangel1789

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Re: Hardfork is not a reason to boost market prices
« Reply #5 on: January 04, 2019, 09:48:46 PM »
lots of people say, that coins are hard because the memory has crashed, and the way to raise the price is by doing hardfork,
but does it really need to be done?
if I see hardfork sometimes it must be needed if indeed the coin has many disadvantages,
and with hardfork, hopefully the coins can get better.
what do you think?

Agree. If a hardfork is necessary due to lack of or disadvantages in technology, after hardfork we may expect a rise in price. But nowadays teams mostly want hardfork without any logical reasons except for boosting the price for short-term, 

Offline Nautilus

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Re: Hardfork is not a reason to boost market prices
« Reply #6 on: January 04, 2019, 10:34:50 PM »
I don't understand why is hard forks even mentioned to be the reason for a price pump. This is technological, and we know almost all of the investors are here for the money. so...
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Re: Hardfork is not a reason to boost market prices
« Reply #6 on: January 04, 2019, 10:34:50 PM »


Offline Anayajurus

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Re: Hardfork is not a reason to boost market prices
« Reply #7 on: January 09, 2019, 04:57:15 AM »
Here is a pretty moot point, because the whole period when it happened, all had fairly small size and whales can manipulate.

Offline VK.point

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Re: Hardfork is not a reason to boost market prices
« Reply #8 on: January 09, 2019, 06:33:06 AM »
Hardfork is one way to improve it to be more perfect, so I think it's right to do it when the conditions get worse.
Thank you.

Offline MVT$

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Re: Hardfork is not a reason to boost market prices
« Reply #9 on: January 09, 2019, 07:31:10 AM »
The price increase of a coin due to hardfork is just an effect. I do not think it is the main reason why project teams had to come to that decision.

Offline showtime

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Re: Hardfork is not a reason to boost market prices
« Reply #10 on: January 10, 2019, 07:22:18 AM »
Why, then, statistics show us that it is after these events that the growth of the entire market and Bitcoin in particular begins?

Offline MOProgress

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Re: Hardfork is not a reason to boost market prices
« Reply #11 on: January 10, 2019, 11:32:36 AM »
This topic s a honest truth told, the hardfork of any cryptocurrency s not to boost market price, but some of us don't see that way.
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Offline nufika89

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Re: Hardfork is not a reason to boost market prices
« Reply #12 on: January 10, 2019, 03:43:03 PM »
The hardfork probably will give the effect on the market, commonly and normally it will help the market booster. however, for now, there is no hardfork.  I have ever heard about the Ethereum hardfork, but I don't think that is. It is only shit hardfork or others.


Online Bobcrypto

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Re: Hardfork is not a reason to boost market prices
« Reply #14 on: January 10, 2019, 08:34:12 PM »
It is actually not a market boost, it is just a protocol change or software upgrade that makes old rules obsolete and uses the new code base as the driving force, this is called a hard fork.

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