Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: coinhunter on October 19, 2017, 05:29:42 PM
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The original pitch was that bitcoin is like gold has a storage value. But the question that comes to people mind with all the forks happening, the Gold does not give birth to silver, diamond, platinum, etc ... so why bitcoin is doing so?
You can not say there are 20 million shares in circulation, then few years later say: now there are 20 million shares A and 20 million shares B , and C and D and so on ....
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For sure, but it keeps going up, so there is no logic here
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Well how many forks this year 3, 4 ? More ? How is this limited supply again ? Reminds me of dividends.
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I don't think that Bitcoin is doing it for Hardfork, but those who do it are the #DevelopmentTeam of the Hardfork coins.
For example, Bitcoin Cash proceeds from Hardfork Bitcoin and that asks to happen Hardfork is a team from Bitcoin Cash.
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I don't think so. The number of bitcoin fragments that exist today will not erode people's confidence in bitcoin. Bitcoin will always have a high market compared to other coins, including bitcoin fractions themselves.
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The original pitch was that bitcoin is like gold has a storage value. But the question that comes to people mind with all the forks happening, the Gold does not give birth to silver, diamond, platinum, etc ... so why bitcoin is doing so?
You can not say there are 20 million shares in circulation, then few years later say: now there are 20 million shares A and 20 million shares B , and C and D and so on ....
Initially, bitcoin was created as an alternative payment system to the current payment system, and not as a means of accumulating value. If bitcoin continues to be used in the same way, it can ruin it.
Forks can not harm bitcoin, they force it to improve.
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I'm sure that more than 90 percent of people who know about the existence of bitcoin, do not know about the existence of his forks. So why be scared of bitcoin? If bitcoin will have normal functionality, then no forks will eclipse its popularity. However, if he continues to have a throughput of seven transactions per second, then his forks.