From December 2017 to January 2018, We have seen many bitcoin fork. And there are Super Bitcoin (SBTC), LBTC, Segwit (B2X) , Bitcoin Diamond And many more. That time SBTC Price was 800$, the B2X price was 1400$+
But at this moment, I just shocked by seeing their value! B2X Price is 1$ !! How is possible! SBTC price is 21$!! But why they are fallen down! Then Bitcoin Fork isnt helpful for Bitcoin? I am just confused.
Please Share your opinion.
Thank You.
Its because it will not gain any support or traction from the community. Remember what happen to Bitcoin Cash? Everyone just joined the hype because of the free coins that we will get after the fork. But after that almost everyone dump it but then the personality from behind started to attack Bitcoin, even claiming that big blockers is the scaling solution and that they are the real Bitcoin.
However, we all know what follow next, because after the hard pump, it quickly falls down which means that not everyone really supported Bitcoin Cash because it is just another altcoins.