Bitcoin Fork Coins

[jerry0]

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.

[Abdussamad]

Wrong forum. This has nothing to do with electrum.

[jerry0]

Hi there.  Well if you kept your btc in electrum, wouldn't you be getting those forked coins from electrum like those who did it with bitcoin cash and gold?

[TryNinja]

Hi there.  Well if you kept your btc in electrum, wouldn't you be getting those forked coins from electrum like those who did it with bitcoin cash and gold?

It has nothing to do with Electrum. If you own your private keys (which in this case you do), you can import them in any software and do whatever you want with your coins (and fork coins).

So each of these coins that just forked were around $400 per coin? so basically if you owned 1 bitcoin, you would have 1600 dollars roughly from the bitcoin fork?

Google it or check the CoinMarketCap page of the coin.

I had thought these new forks were where the coin probably would be say 50 dollars a piece only.

The market is the one deciding how much those coins will be worth. No one can truly know.

[jerry0]

When are these forked coins going to be allowed to claim? 

[jerry0]

Also aren't these essentially free money just for owning btc?

[pooya87]

When are these forked coins going to be allowed to claim? 

each forked coin can be claimed as soon as they start producing blocks. in other words as soon as miners start finding new blocks on their chain.
but you as an end user have to wait for an easy to use wallet, which is most of the time the full node (fork of bitcoin core) as your only option with 160+GB blockchain size!

Also aren't these essentially free money just for owning btc?

essentially, yeah. but be careful not to be blinded by greed. there have been lots of scams and malware being spread in the name of these coins even by their developers which lead to losing the already owned BTC in addition to the forked coin!