follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Will the bitcoin forks erode the trust in bitcoin?  (Read 1201 times)

Offline coinhunter

  • Full Member
  • *
  • Activity: 149
  • points:
    0
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: December 13, 2017, 01:39:58 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Will the bitcoin forks erode the trust in bitcoin?
« on: October 19, 2017, 05:29:42 PM »
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 ....

Altcoins Talks - Cryptocurrency Forum

Will the bitcoin forks erode the trust in bitcoin?
« on: October 19, 2017, 05:29:42 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline CryptoGirl

  • Sr. Member
  • *
  • *
  • Activity: 548
  • points:
    3702
  • Karma: 133
  • Trade Count: (0)
  • Referrals: 14
  • Last Active: July 19, 2021, 11:55:05 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #1 on: October 22, 2017, 12:20:38 AM »
For sure, but it keeps going up, so there is no logic here

Offline titi

  • Member
  • *
  • Activity: 92
  • points:
    219
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 30, 2017, 02:36:58 PM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    Topic Starter Poll Starter 50 Posts
Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #2 on: October 22, 2017, 11:35:12 AM »
Well how many forks this year 3, 4 ? More ? How is this limited supply again ? Reminds me of dividends.

Offline masudginanjar

  • Legendary
  • *
  • *
  • Activity: 1854
  • points:
    19691
  • Karma: 2
  • Anonymous Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 06:52:33 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #3 on: September 09, 2018, 02:38:11 PM »
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.
THORMIXER██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████
.
  Anonymous Bitcoin Mixer 
.
████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
▄▄███████▄▄
▄██████████▀▀███▄
▄████████████▄▄██▀██▄
▄█████████████▀██▄████▄
▄██████████████▄▀██████▄
██████████████▀█▄████████
█████████████████████████
██████████████▄█▀████████
▀██████████████▀▄██████▀
▀█████████████▄██▀████▀
▀████████████▀▀██▄██▀
▀██████████▄▄███▀
▀▀███████▀▀

.
ONION
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██
████
█████████████████████████████████████████████████████████████████████████
.
START MIX.
█████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██

██████

Offline Prime

  • Legendary
  • *
  • Activity: 1545
  • points:
    30249
  • Karma: 144
  • NeedForTurbo
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: January 09, 2024, 08:44:37 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #4 on: September 14, 2018, 06:02:38 AM »
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.
..███████▀▀▀▀▀▄▄▄▄
▐██████▌      ██████▄▄▄
 █▀▀▀▀▀▀▄▄▄▄▄  ██████  ▀▀▀▀█▄▄▄▄▄▄▀▀▀▀▀█
  █     ▐██████  ▀▀▀▀▄▄    ███████    ▐▌
  ▐▄▄▄▄▄▄███████▄▄▄█▀▀▀▀▀▀▀█▀▀▀▀▀▀▀████▀▀▀▀▀▄▄▄▄▄▄▄
   ███▀▀██▀▀▄██▄▄▄▄█▌██▀▀▀█▌▄█▀▄████████▀▀▄▄▌████▀▀█▀▀▀▄▄▄▄
   ▐█████▐▌▄▄▄▄█▌██▀▀▀██████▄▄█████▌████▄███▀█▀▄███▄▄███
   ██████▄█▄▄▄▄▄█▀▀▀█▀▀██▀▀█▀▀▀▀▀▀▀█▀▀▀▀▀▀█▀▀█▄▄▄▄▄███▄▄▄▄█
   ██▄▀▀▀▀▀▀▀█▄▄  ▄▄█▌  █▌ ▄█  ▀▀▀ █▀  ▀▀ ▄█▌ ▄▄   ██████▄▄▌
             ▀▀█  ███     ▄█  ██▄ ██  ▀▀▀ ▄▌  ▀▀  █▀███████▀▄
              ▐█▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄▄▄███████████
                                                  ██████████
                                                   ▀▄▄▄▄▄▄▄▀
..

Offline Fenix

  • Legendary
  • *
  • Activity: 2595
  • points:
    55019
  • Karma: 160
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 14, 2024, 03:10:38 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 2500 Posts
Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #5 on: September 16, 2018, 08:16:25 PM »
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.

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Offline Alcor

  • Legendary
  • *
  • *
  • Activity: 2464
  • points:
    43200
  • Karma: 157
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 23, 2024, 03:10:54 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #6 on: September 17, 2018, 10:42:04 PM »
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.
« Last Edit: September 17, 2018, 10:43:52 PM by Alcor »

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Altcoins Talks - Cryptocurrency Forum

Re: Will the bitcoin forks erode the trust in bitcoin?
« Reply #6 on: September 17, 2018, 10:42:04 PM »


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod