Bitcoin Forum

So there has been a lot of forks and I'm sure many to come. I've started to buy some of these because in this market you fill up the bags, planning on keeping long term. What do you all think?

(And please don't bite my head off because I am genuinely interested in the opinions of some of the older members)

this is not a valid reason and in fact it is a very wrong approach to just fill some bags and then start becoming a "bag holders" why do you think this term exists?

as for these bitcoin forks, they are all useless coins created by incompetent developers who didn't have anything better to do and they knew they were not capable of creating a proper new altcoin so they forked bitcoin to use its name for their hype.
they get pumped and dumped but don't expect anything more from any of them.

I think it's better to fill my bag with other Altcoins because I don't see anything special in Bitcoin forks, there are many Altcoins projects that have fresh ideas, and I prefer Altcoins like that rather than Bitcoin forks that just copied Bitcoin and change some parameters

Most of them are total shits, more shit than a PoS/PoW/MN coin. They just forking bitcoin with their rig and make a new coin, what's special of it?

Thank you for your reply. Yes I've seen some get pumped and then the price decreased a lot over the last few months. But is it really incompetent developers or just this market we are in at the moment?

As for holding the bags is that not the whole idea? Buying low and selling high (or just higher) Lets face it everybody is in it for the money, right?

Thank you, Yes there is a lot of Alts with fresh ideas but the question is does any of them serve a real purpose? At this moment in time I can not do anything with Bitcoin / Altcoins in real life where I live. Maybe it's different in other countries.

This year there aren't any big upcoming bitcoin hard forks,which is kinda strange.Last year there was a boom of bitcoin hard forks like bitcoin unlimited,bitcoin cash,bitcoin gold,segwit etc.BCH was the only "successful" fork,mainly because of the "bitcoin Jesus" Roger Ver.Last year forks helped a lot for pumping the bitcoin price to the December ATH.That was the only positive thing I can say about them.

useless. Nowadays, devs are forking for no reason at all.

My opinion about all the forks is simple if you cannot create your own stand-alone cryptocurrency it means that you cannot be trusted so I would not be interested and fully involved in something which was developed on the basement of something other.

Whatever are the decisions and opinions of people on the fork, the fork is here to stay and there is not a thing anyone can do about it. What we must now do is to invest in the profitable forks or coins of the bitcoin and use them for the purposes for which the fork emerged in the first instance. The coins certainly have potential and as such we must use them as altcoins.

I don't think there is special thing about bitcoin forks, but buying them for profit like other altcoins is sure and they have nothing special as most even altcoins just the fork that gives them attention and only pump to get some more btc in return.

The only fork worth holding is Bitcoin Cash. Those other forks has no real usage and might be another pump-and-dump coins. I'm not saying though that Bitcoin Cash is something worth for long term hold, what I'm driving to point out is that with all this forks, only Bitcoin Cash will survived. But then again it doesn't have the full support of the community, so it will be just another altcoin that can be pump anytime whales decided to.

Majority of the bitcoins forks are just scam and I won't ever advice any trader to waste resources on. I followed SuperBitcoin fork and it later ended up as a dead project. Subsecuent forks all end up in similar situation.

There will only ever be Bitcoin. All the other forks are altcoins/shitcoins. End of story. Even retards trying to pawn BCH off as BTC. Shame on you.

Not interested with bitcoin fork I really wanna buy Altcoins because all are in deep market and wanna be a bag holder of good altcoins i am divided my investment Ratio in 70-30 percent, 70 in Altcoins and 30 in bitcoin majority is with altcoins, and in upcoming few months definitely get good return on my investment.

Most of those fork are all shit, which was created for the purpose to make money, so many fork claimed they will solve the problem of btc and until now we still see same issue.

In my opinion most of the bitcoin forks are just crap with nothing new invention or scalability so I would rather go after good alts than those crap forks.

I don't invest in any btc fork even in bitcoin cash, instead litecoin is better choice if you are interested in such coins which claims to be better than it.

All Bitcoins Hard Fork are absolutely useless. Bitcoin is the only one and only the original Bitcoin must exist. I think that in the future all these copies of bitcoin will simply disappear.

the rarity that you take really is very precise by buying a lot and aiming for you to endure in the long run it will give you a profit in the future

For me Bitcoin Forks are very helpful to the Bitcoin because on every forks, it will help Bitcoin to improve, specially when the Bitcoin got some problem. So, bitcoin forks will help the Bitcoin itself to make more the best and will decrease also transaction fees.

Forks of Bitcoin were a real fever, the idea of this possibility was totally misrepresented, it is an alternative to improve the Bitcoin and to follow the directions of the community, but was used widely for the purpose of "printing money". In the long run I do not see any of these forks in a positive scenario, all the "improvements" that they propose can be implemented in Bitcoin if necessary.

In my view, these forks will have short-lived popularity, because there are simply too many of them. The key I think people should be asking themselves is, "Is there really a need for all of these coins?" I really think the market has become too saturated.

Fork is good for bitcoin holder. They can get free coin from that fork. I think the successfull for is Bitcoin Cash because can maintain price keep high. I dont have a plan to investing my money on bitcoin fork because i am interesting invest on altcoin like ethereum or NEO. Its more genuine coin and not using bitcoin name

There are many bitcoin forks existed after Bitcoin Cash was established and got the respect of everyone. Because of many forks of bitcoin, some of them are just a scam. In fact, I do not know what are the difference among them because they are just imitating what bitcoin has, they just only change soms of its feature. The only fork of bitcoin I was impressed is Bicoin Cash.

In any case, I believe that the forks of bitcoin have the right to exist. Moreover, we can not affect the process of their appearance. In any case, people are trying to improve the original bitcoin, because it really is now very far behind other promising coins. Still can happen. Some forks have much better functionality than the original bitcoin. Over time, the coin will be popular, which will be very convenient to use and will have better characteristics.

I'm not interested in all the bitcoin forks.
I do not understand what they should be good for.
Thats why i do not invest a single dollar in any bitcoin fork.
But anyway, i wish you luck with your decision.

I personally don't prefer investing in forks as they don't look promising to me. Not sure what other thinks but it is just my observation that Forks are only there to create a hype which remains there for some time and then they pop like a balloon and proves to be worth nothing.

It's smarter to fill the bag with different Altcoins in light of the fact that I don't see anything extraordinary in Bitcoin forks; there are numerous Altcoins ventures that have crisp thoughts; and I incline toward Altcoins like that instead of Bitcoin forks that just replicated Bitcoin and change a few parameters.

Bitcoin forks are nothing but Joke’ I think! They have no unique features rather they simply just copied the bitcoin and they have no community support at all. I would rather go for ALT coins that are more profitability and they have more potentiality. BTC forks are here for no reason at all.

Forks are used mainly to add and adjust new blockchains for the user. The bitcoin forks have the ability to change two blocks that are similar to each other. Types of bitcoin forks we can find are Bitcoin XT; Bitcoin classic; Bitcoin ultimate.

The Bitcoins have a lot of forks and you decide on investing and holding is a right decision. But investment in BTC is a long-term investment because the exchange rate of BTC is not as sharp as altcoins. So if you decide to invest and hold at least 2 years, BTC is a good choice in the current unsettled exchange rate.

Holding bitcoin fork coin is a bad decision so far, you must see that how the majority of bitcoin fork price has been getting a lot of dump and look at these fork coins and they have been loosing a lot of value.
It has no usefulness to hold your bitcoin for coin today.

Today is a great opportunity for us to buy digital assets, especially Bitcoin and Ethereum. But most of us seem panicked when we see the prices of Bitcoin and Ethereum decreasing. In this case I think positively, this is a good opportunity, so don't ignore this opportunity. Buy which coin you like, then you hold it for the next few months. You will get a lot of benefits.

Many to come? If ever there will be more of it, those are going to be dead soon. But if you hold bitcoin and you just receive those forks, you can do what you want. Selling them for quick profits or if you think it will be valuable, hold it.

This is different for someone whos buying bitcoin fork coins, most of those forks were dead and the popular one that stays is BCH.

Majority of us who got this fork sold it already and theres still a market for it because of some misinformation thats being done to the newbies.

If you like bitcoin forks, its your money and we have  freedom to choose our own way of investing and the coins we want for long term holding.

I prefer to purchase Altcoins than these forks because they will just try to attract more people to invest without feasible commodities to offer therefore it is clearly that they will just rely to the money of the people for their own good. No wonder that until now there is no fork that was appreciated except by you so good luck then.

I honestly stay away from the fork coins.  Bitcoin is fine the way it is and is ever improving.  I don't see much of a reason to have clones.  With the array of choices out there in the alt coin world I would feel more confident in one of those. 

Bitcoin is mother currency and I can say that beating bitcoin thru alts is not an easy game. BTC always dominate the market and alt coins are dependent on this. I am not much aware about the technical algorithm about crypto like block and frequency. But I can say that no matter what alt coins do to capture more crypto market but its very very difficult for them to replace BTC.

I think most of this are good. It’s better than POS/POW/MN coin. It ot just forking bitcoin but also do lot of things. So I think bitcoin forks is special.

Every hard fork is a shitstain akin to being a pre mined scam.
Software forks are a mixed bag but I doubt that is what you meant.

Forked coins is just an another shitcoin on my own opinion.It has nothing to do or make any difference on the coin on where it was forked. The thing here that there are some forked coins do able to withstand and do gain support by some like BCH and ETC but the rest end up on having no much support gained and remain their prices do low but I don't totally see any difference or usage just like on Roger shit coin.

They can get free coins from the fork. I think what works is Bitcoin Cash because it can keep prices high. I have no plans to invest my money in a bitcoin fork because I am interested in investing in altcoins like ethereum or NEO.

My personal opinion is that almost all the Bitcoin forks are nothing but shitcoins which were introduced by the inventors of those coins either because they couldn't afford a Bitcoin themselves or they felt too pity for people who couldn't get their hands on a Bitcoin. It is better to avoid investing on forks but if you really insist on it; I would suggest go for BCH.

Bitcoin fork is look likes other projects. Nothing is special with bitcoin fork but i think invest on bitcoin fork is more profitable than other projects.

Apart from Bitcoin Cash I haven't seen a fork worthy of investing in. I wouldn't even suggest you to purchase BCH as it didn't really really attract me or seemed like a good coin to me. But; that is only my own opinion. You should decide for yourself by doing some analysis and research with the data and information available on the web.

I'm not a big fan of the forks.  I sell them off immediately during the hype period as soon after the fork happens as possible.  For me Bitcoin is the only one.  It's great to take the proceeds of the sale to buy more Bitcoin!  Win Win.

Other than investing Bitcoin Cash; nothing is worth the level. I don't find BCH worth it.You should decide for yourself; do some analysis and research on the web.

well there been already many forks are available here and we can assume that lots more will come; but few things this is useless that is why there been many misconcepts are available about it but I will advise you to have patience and let's see where the future will bring us

What can we talk about now? About what stability. It will not be as we live in an age of spiritual degradation and the growth of metaphysical evil. Growth will be unexpected and unsettled. bitcoin will take its position.

I to the fork are treated with indifference. Forgery often does not exceed the original project. When the fork is distributed free of charge, it's certainly nice.
But I avoid investing my money in forks.

Do you think that investors are not very educated people? And if this is so, where do they get it?

I think bitcoin forks are totally useless. They are not very useful because most of them are created by many incompetent developers. It was supposed to be a updated version but it lacks many thing and it cannot be a replacement for real bitcoin or other alternatives. so i prefer buying alternatives like etheruem; litecoin instead of buying bitcoin forks. These forks will stay for a few months and then i will fall. But if you invest in alternatives then there is many other ideas which you can go through. so my opinion is negative about bitcoin forks.

Thank you everybody for your opinions on my question. I asked this question for a reason and would like to come revisit this post in about three years from now. I've honestly not heard a single good argument, but everybody is entitled to their own opinion.  ;D

But thank you all.

I'm very bad at fork, because I think that fork in general is very much like stealing. It is stealing today is regarded as forks. I consider them useless and do not invest in them for ideological reasons.

I believe that Bitcoin Cash is a good one. A lot of people disagree but if you dive deeper in Satoshi's white paper you will see the block size has never been an issue. It was written the the block size should be increased whenever it is needed.

Since the appearance of Bitcoin, a large number of Forks have already been created, but most of them do not carry anything new - either they are exact copies of Bitcoin, or differences only in the rate of emission

I don't really trust the forks of Bitcoin. Time to time; there has been many forks in the market and will continue to emerge. But I only believe in Bitcoin and I will hodl it for long term investments.

Forking is alright. But going only for BTC maybe a risky move. It will be better if you invest in altcoins too alongside to avoid risks.

Normally forking is not a preferable option by most of the users. But if we do have to pick one; go for BitcoinCash. That is what most of the people opt for.

many of the fork that happens then this will be the same as was the case for last December. It will be a lot of that came because of a large increase in naturally occurring within it. It is a chance that it does at least have to do to get results as much as possible. but when it is finished there will certainly be a decline lasting volume large enough to make the market fall would be deep enough.

I believe that most of these projects are absolutely unnecessary, they do not bring neither profit nor any new idea. It's better for me to invest in Bitcoin, Ethereum and other promising altcoins.