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Author Topic: Bitcoin Forks - New Day New Fork  (Read 304 times)
n911 (OP)
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December 04, 2017, 01:13:01 AM
 #1

Hi,

I am relatively new to crypto world. But lately, as many of you may have seen and experienced. The BTC and its derivatives are undergoing forks after forks. I understand various changes are being made as forks go through. But as a really small holding of BTC in electrum.

I see a list of new fork coming:

Bitcoin Diamond (already forked)?

BTC Twitter:
Upcoming #Bitcoin Hard Forks:
Super Bitcoin (498888 block)
Bitcoin Platinum (500000 block)
Bitcoin Uranium (unknown)
Bitcoin Cash Plus (501407 block)
Bitcoin Silver (TBD) $BTC


Every time new coin comes out, the guides to claim forked coin is to move your initial holding to new wallet. Then use wallets like coinomi to transfer the old wallet key to claim forked coin. I am trying to determine how do others keep claiming their newly forked coins? Do people usually create new wallet as these forks come by? I already created third wallet from BTC to BCH and BTG. Every time I move coins, I loose my BTC holding size (making my tiny holding micro).

Help!!!!
squatz1
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December 04, 2017, 02:41:07 AM
 #2

This isn't something for Bitcoin and its community to be proud of, this is people milking Bitcoin in a way to be able to make some quick cash for themselves. And it's going to get tacked to Bitcoin. We want Bitcoin to become popular, not some shitty trade coin that's just going to make a couple of bucks for its devs.

We need to have a concentration of what we can get on the media, as we need normal people getting into it. We don't want the story to be about forks, we want it to be ABOUT BITCOIN.

Don't support any of these and we'll be okay.




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BitCoinKeeper
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December 04, 2017, 03:10:43 AM
 #3

This isn't something for Bitcoin and its community to be proud of, this is people milking Bitcoin in a way to be able to make some quick cash for themselves. And it's going to get tacked to Bitcoin. We want Bitcoin to become popular, not some shitty trade coin that's just going to make a couple of bucks for its devs.

We need to have a concentration of what we can get on the media, as we need normal people getting into it. We don't want the story to be about forks, we want it to be ABOUT BITCOIN.

Don't support any of these and we'll be okay.

Perfect answer, I also believe most of the Exchanges will just ignore these clingon’s and I’ve read a piece somewhere that that the Lightning Network will eliminate a lot of these mini forks.
pure_happiness_inside
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December 04, 2017, 03:37:08 AM
 #4

If you are up for a lot of emailing and tweeting to follow up on your transactions, you can keep your bitcoin on qoinpro, which supports all of these forks. Also, it continues to support certain forks even if you've missed it -- you can still get bitcoin diamond by depositing at qoinpro and then emailing and tweeting at them. it's a bit of a manual process but it works.
Kryten12
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December 04, 2017, 03:47:10 AM
 #5

If you are up for a lot of emailing and tweeting to follow up on your transactions, you can keep your bitcoin on qoinpro, which supports all of these forks. Also, it continues to support certain forks even if you've missed it -- you can still get bitcoin diamond by depositing at qoinpro and then emailing and tweeting at them. it's a bit of a manual process but it works.

Thanks for the info I will take a look at this wallet

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wilhb81
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December 04, 2017, 03:54:11 AM
 #6

This isn't something for Bitcoin and its community to be proud of, this is people milking Bitcoin in a way to be able to make some quick cash for themselves. And it's going to get tacked to Bitcoin. We want Bitcoin to become popular, not some shitty trade coin that's just going to make a couple of bucks for its devs.

We need to have a concentration of what we can get on the media, as we need normal people getting into it. We don't want the story to be about forks, we want it to be ABOUT BITCOIN.

Don't support any of these and we'll be okay.

I couldn't be more agreed with you here. Nowadays, there are more and more Bitcoin's forks going on and majority of them didn't add any significant value to the Bitcoin itself.

Thus, I barely support all these Bitcoin's forks and just leave them alone~

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pooya87
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December 04, 2017, 03:56:48 AM
 #7

if you have a very small amount of bitcoin then claiming these new fork tokens will give you an even smaller amount since they are not worth that much, you should not bother claiming them. for example the last one (i think it was diamond) was worth 0.00017000BTC and if you had something like 0.01BTC claiming it and selling would have given you 0.00000170BTC (170 satoshi)! that is not even worth the bother.

also as you talked about moving bitcoin, since you are moving from your own wallet to your own wallet (from one pocket to another Smiley) you can pay a small fee. for example use 10 satoshi/byte and then use https://pool.viabtc.com/tools/txaccelerator/ accelerator on the hour.

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putlink
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December 04, 2017, 04:08:31 AM
 #8

This isn't something for Bitcoin and its community to be proud of, this is people milking Bitcoin in a way to be able to make some quick cash for themselves. And it's going to get tacked to Bitcoin. We want Bitcoin to become popular, not some shitty trade coin that's just going to make a couple of bucks for its devs.

We need to have a concentration of what we can get on the media, as we need normal people getting into it. We don't want the story to be about forks, we want it to be ABOUT BITCOIN.

Don't support any of these and we'll be okay.
Agree with your statement,
I also think that without the proper use of bitcoin, and simply thinking of developing new currencies to make money, this is an unhealthy development for the future of the entire digital currency.
Will also deepen people's misunderstanding of digital currency.
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December 04, 2017, 04:12:49 AM
 #9

I really do not understand about upcoming harkford events. like 1/8 event. There are only a few places to support this. bittex is an example. But one thing is certain. bitcoin prices will increase before the events take place,
kieokiet
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December 04, 2017, 04:18:19 AM
 #10

there will be many harkford. Each time a new coin born. before . We have had two events. and met quite a lot of trouble. with the altcoin. That simple. But with bitcoin, they need the consent of many
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December 04, 2017, 05:11:59 AM
 #11

Yes, with the increasing number of Bitcoin Fork, the existence of Bitcoin will be higher. And Bitcoin Holders will get many benefits, for every hard fork.
n911 (OP)
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December 05, 2017, 12:42:45 AM
 #12

if you have a very small amount of bitcoin then claiming these new fork tokens will give you an even smaller amount since they are not worth that much, you should not bother claiming them. for example the last one (i think it was diamond) was worth 0.00017000BTC and if you had something like 0.01BTC claiming it and selling would have given you 0.00000170BTC (170 satoshi)! that is not even worth the bother.

also as you talked about moving bitcoin, since you are moving from your own wallet to your own wallet (from one pocket to another Smiley) you can pay a small fee. for example use 10 satoshi/byte and then use https://pool.viabtc.com/tools/txaccelerator/ accelerator on the hour.

I didn't mean that small but like 1 BTC. Thanks for the viabtc tip, I wasn't aware of it.

I understand people's view and I too believe everyone needs to focus on main BTC to minimize rise of these forks. Even if these rises, they can on its own disappear without much support. However last two times, I also expected this and both BCH and BTG are now significant value to something people attract to claim.

I just hope, these tiny but increasing in quantity of forks don't become needle to pop the BTC bubble that mainstream media/speculators believe it is.
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December 05, 2017, 01:08:16 AM
 #13

Like it or not Bitcoin forks has attracted a lot of new investors which is pumping the price . I too held some forked diamond. Selling it and adding it to the bitcoin is a better choice for me. If you holding is small it’s better to invest your forked amount to other altcoin
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