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Author Topic: Claiming New Bitcoin Forked Coins?  (Read 167 times)
jerry0 (OP)
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December 21, 2017, 08:05:08 PM
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So there are threads about claiming bitcoin cash and gold.  On another forum someone mentioned that since bitcoin had a few forks recently they got a lot of new bitcoin forked coins. They then posted this




Sold some Super Bitcoin at $1k each yesterday

Keep trying to tell my friends who aren't involved just how bananas this market is, we'll never see anything like it again.




Super bitcoin is just another crappy fork.

We've had 4 in the last week, all netting $400+ each per BTC : SuperBitcoin, BitcoinX, Lightning Bitcoin & BitcoinUnited.

You have to have your BTC on certain exchanges to receive them, or wait until your particular wallet provides support.

I try to move my coins to the supporting exchanges in time for the fork so I can dump them ASAP.

We have 2 more coming up that I know of before the end of the year: BitcoinGod and Bitcoin2X.



Is this guy serious or not?  So each of these coins that just forked were around $400 per coin?  How much do each of these coins now?  so basically if you owned 1 bitcoin, you would have 1600 dollars roughly from the bitcoin fork?  Is this true or not?  I had thought these new forks were where the coin probably would be say 50 dollars a piece only.



Also does anyone know what exchange gives you these coins?  I mean if that exchange does, then it seem better to keep btc there to get the forked coins easier?
jlanzago
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December 21, 2017, 08:09:30 PM
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See the prices and price history in sites like coinmarketcap, cryptocompare or coincap. And see if it is true, by yourself. I am not investigating it because I personally don't care, but I don't think that a crappy fork could be worth more than, say, BTG.
jerry0 (OP)
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December 21, 2017, 08:19:58 PM
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I checked coinmarketcap and i saw super bitcoin and bitcoin unlimited.  They are around 200 dollars each.  So if you own 1 bitcoin, that should be at least 600 dollars right?
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December 21, 2017, 08:21:16 PM
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Is this guy serious or not?  So each of these coins that just forked were around $400 per coin?  How much do each of these coins now?  so basically if you owned 1 bitcoin, you would have 1600 dollars roughly from the bitcoin fork?  Is this true or not?  I had thought these new forks were where the coin probably would be say 50 dollars a piece only.

He is serious, but getting support among other exchanges and wallets can be tough or requires a lot of patience.

To know which wallets support any new fork you need to go to the website for the new coin (that's planning to try to fork Bitcoin). Most of these will turn out to be worthless. The market isn't going to tolerate 10 different version of Bitcoin.

Coinmarketcap.com (as another person suggested) is a good resource, they don't always start following a brand new coin from day 1.

And the guy claiming he sold some newly airdropped coins (due to a bitcoin fork) for $400 a piece was probably selling them for that much with a single exchange, meaning the exchange was choosing to buy his coins and now the exchanges owns those coins and the risk or reward that comes from it. Yobit was doing that with Bitcoin Gold. You couldn't sell Bitcoin Gold on an open exchange, but Yobit was choosing to buy them from their customers only.

If you want the assurance that you're mostly covered for future forks but don't want to move your coins around to multiple wallets you should keep your funds in a Trezor or a Ledger, those companies tend to honor these sorts of things provided a real market is created for the new coins.
jerry0 (OP)
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December 21, 2017, 08:32:35 PM
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Hi there.  So best place to keep your btc for these forks is in trezor or nano ledger?  Then its probably an exchange?  Then its electrum?  What about coinbase then?  Also how come there wasn't much information about these forks as people claiming it such as bitcoin cash and gold?
jerry0 (OP)
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February 06, 2018, 02:55:12 AM
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Can someone tell me how many bitcoin forked coins one could claim?  There is bitcoin cash and gold and i heard diamond.  But there are other forked coins.  Anyone else able to claim these and can someone name them?
RheamaeElbanbuena
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February 06, 2018, 03:09:34 AM
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I think that's a good idea when to claim forked coin in bitcoin because there's no way to get income because bitcoin drops in because many of the players and sell bitcoin
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