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Author Topic: Hardfork is not a reason to boost market prices  (Read 31248 times)

Offline Gravatai

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Re: Hardfork is not a reason to boost market prices
« Reply #75 on: August 04, 2019, 08:31:03 AM »
Hardforks doesn't make coins better in any way as what drives coins are the ideas behind them and the people behind the scene.
Hardfork of any coin attracts interest in it and raises its price in the short term, but after hardfork the price of coins often drops to the previous price. But in general, due to the mention of hardfork about the coin in the press, more people become aware of the coin and new investors appear.

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Re: Hardfork is not a reason to boost market prices
« Reply #75 on: August 04, 2019, 08:31:03 AM »

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Re: Hardfork is not a reason to boost market prices
« Reply #76 on: August 04, 2019, 06:22:24 PM »
In addition, the result of a given hard fork would generally be as follows,
One blockchain becomes dominant, resulting in the other blockchain having low community adoption and, or value.
Both blockchains are adopted, but one is favored. One of the two chains becomes or remains the dominate chain in terms of adoption and value, but the other chain maintains a reasonable level of community support and value. Bitcoin Cash and Ethereum are great examples of a hard fork.

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Re: Hardfork is not a reason to boost market prices
« Reply #77 on: November 03, 2019, 02:33:08 PM »
You must remember that hardfork doesn't mean focusing on the improvement of crypto coin prices. So, we cannot blame the team if there is no improvement in coin prices during or after hardfork. However, it probably triggers the interest of investors and brings positive impacts to the prices.   
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Re: Hardfork is not a reason to boost market prices
« Reply #78 on: December 04, 2019, 05:40:03 AM »
A hard coin fork is one of the ways to develop and improve cryptocurrency. However, in practice, the separation of one coin from another occurs for various reasons, although it is always claimed that this is done to improve the functionality of the coin. The price of the separated coin depends on how much the society perceives the need for a plug, as well as what tasks are solved and how much they are in demand. Many forks are held, and then almost nothing is heard about the created coins and they do not play any role. Users of a coin, from which another is separated, usually have a positive attitude towards holding a hard fork, since it is always an opportunity to get a certain amount of new coins for free.

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Re: Hardfork is not a reason to boost market prices
« Reply #79 on: December 04, 2019, 09:43:14 AM »
if a coin has good value and liquidity then there is no need to do hardfork. Hardfork is done for coins that allow coins to fall too deep and want to go back to the top.
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Re: Hardfork is not a reason to boost market prices
« Reply #80 on: December 06, 2019, 10:00:23 AM »
Agree and shouldn't be taken into consideration, that it was the cause why price of that particular coin was soaring Hard fork has a two purpose to give birth of a new coin or just only for improvement from the previous one in other words upgraded!

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Re: Hardfork is not a reason to boost market prices
« Reply #81 on: January 21, 2020, 04:48:29 AM »
Many people think that hardfork is definitely a new coin and they can make money from it. These people often do not understand the situation and start buying coins and so the price goes up. But not always so. Hardfork is often just some updates that help the coin be more secure, increase the number of transactions and so on. I think hardfork is good for a coin because it shows that the coin team is working and not leaving the coin

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Re: Hardfork is not a reason to boost market prices
« Reply #81 on: January 21, 2020, 04:48:29 AM »


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Re: Hardfork is not a reason to boost market prices
« Reply #82 on: January 21, 2020, 07:37:51 AM »
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?
Thats correct, hard forks have more disadvantages than you can talk about the advantages.  Looking at the previous hard forks that has happened we could see that one party suffers more of the loss. Many hard forks happen because of some persons selfish purpose
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Re: Hardfork is not a reason to boost market prices
« Reply #83 on: January 21, 2020, 11:45:19 AM »
I also agree. Hard Fork is not to raise prices, but it is different if the ones who do hard fork are weak or non-desirable coins. So with the hard fork, coin prices will rise. Example Ignis.
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Re: Hardfork is not a reason to boost market prices
« Reply #84 on: January 21, 2020, 12:12:15 PM »
but it is different if the ones who do hard fork are weak or non-desirable coins. So with the hard fork, coin prices will rise. Example Ignis.

You are right. Hardfork can be used as a trigger to raise the price of coins that are unclear or not desirable. I followed the news and bought Ignis at the time. but I immediately sold it. Many say rude because they buy at high prices and prices have never gone up until now.

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Re: Hardfork is not a reason to boost market prices
« Reply #85 on: January 21, 2020, 12:36:34 PM »
Yes in the early days we can say that hardfork can boost a certain coin when it happens as they are making some network upgrades in it. But right now, it is impossible to boost coin prices with hardfork not unless it was a major network upgrade like ethereum switching to POS is a big deal.

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Re: Hardfork is not a reason to boost market prices
« Reply #86 on: January 22, 2020, 02:01:06 PM »
Hardfork is used if it will create coins that are better than before.  That is the reason why many coins do so because of the high demand and competition conditions that require coins to be developed. Back to how interested people do price valuations when Hardfork occurs. Hardfork does not have to always aim to raise the price of coins. That is market manipulation.
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