Bitcoin forks are a common thing nowadays, there are many forks coming up and last Friday we saw the fork of bitcoin Diamond.
In my opinion forking bitcoin isn't a good thing, many people see it as "free money" and with bitcoin cash it's proven a fork from the bitcoin blockchain can succeed. So why do I think that forking bitcoin isn't a good idea? Well the segwit2x fork has created a lot of confusion. 2 weeks before the fork all of a sudden they cancelled the fork, but 1 day before the estimated block where the fork would have occurred coinbase sent a message that the fork might be back on. It's crazy how a small group of people can create so much confusion on such a big community. After the announcement that segwit2x was cancelled the price of bitcoin reached new highs, but not for long. The bitcoin price dropped 1000$ in the following days.
With all the other hard forks to come it will be hard for new and unexperienced investors to know what's happening, and maybe even scare some potential investors. There really should come a kind of regulation on hard forking the bitcoin blockchain to avoid such a volatility.
