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Author Topic: Who Says Forks Are Bad?  (Read 291 times)
Greatchu (OP)
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January 11, 2020, 01:19:04 PM
 #1

It's simple to see and yet many failed to see the truth, many said coin forks are bad because they are just copycat of the original coin well so far all forks from popular coins are doing well, last bullrun all forks like bitcoincash, Ethereum classic, litecoincash all bring huge profits more than their original mothers, who says forks are bad? I thought we are all here for the profits? Honestly aren't this coins more better than most new coins of nowadays?

Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better

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January 11, 2020, 01:36:00 PM
 #2

you can not flatly generalize all of us as profit seeker, that is true most of us are looking for profit but there is someone who is looking for innovation in technology. it is not wrong about the fork is just a copycat because that is the truth, the code is created based forking on another project code. fundamentally this is not bad, because we can get it for free but technically this is bad. you need to see it from different perspective, there are pros and cons.

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January 11, 2020, 02:12:37 PM
 #3

who says forks are bad?

Pretty much everybody who cares about the use and future of the coin, not only the speculation and short term profits.

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January 11, 2020, 02:17:08 PM
 #4


Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better

People made fortune of that fork but a good project should not be judge like that, it should have a long term success, and please, can you tell where and what happened to these coins now? based on what I see they dumped already.

zclassic was popular before but I can't see it now,..We do have our own judgement really, so what's good us, we can do it but we look at the overall value of the fork created to the market.

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January 11, 2020, 02:40:32 PM
 #5

Forks aren't bad, but it's just better to choose with new technology. I think the excess of the fork from my mother lies in speed, because network traffic is still small. and forks must focus in terms of creating ecosystems in partnership, promotion, and trust. A solid and active team is very important, so that they are no less competitive with real coins. For now the forks are still being debated, but in my opinion if you can still make a profit why not ?

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January 11, 2020, 02:41:27 PM
 #6

If you are trying to judge based on past gains from fork coins you are totally wrong, if these fork coins are that good then their present state will judge, as far as i can see they aren't doing well, they've lost too much value as well, if history is ever going to repeat itself new coins will return such gains and these forks will be left out

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January 11, 2020, 02:52:06 PM
 #7

indeed, at the beginning or before the fork, coins will usually experience a decrease. but usually after the fork is finished, the coins will start to rise and can go up to the month like in 2017. when it also happened some forks on bitcoin and etherum before the rise to the moon. logically, development is important to increase coin liquidity so that volume can increase to pump up prices.
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January 11, 2020, 02:59:49 PM
 #8

I agree with your sentiment but i don't agree of your comparison, who can say that their against of those fork profits? the truth is we are after those free fork coins for instant profits, But how about those who has long term vision and investing with huge amount of money and time. literally most of the fork coins has no difference from original one because they are just copycats or maybe it has but not so important at all, and i don't believe that those copycats can beat the original, those fork coins are only lucky because when it was done forking the market was good that time when it was listed like what happen in the most bitcoin forks way back (2017-2018) and look at those fork coins today except bitcoin cash most of it was already dump.
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January 11, 2020, 03:00:35 PM
 #9

This is like saying that pyramid schemes aren'ta bad thing because some people do manage to get out with a profit. Most of the time forks are a very bad thing exactly due to the fact that they are a bad copy that comes with no extra technological benefits - they are solely built for someone's profit.
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January 11, 2020, 03:24:05 PM
 #10

Yeah they are not bad from the perspective of profit seekers but if that hardfork is trying to meddle with the already existing coin like bitcoin and trying to gather or lure people into using their hardfork coins with all the dirty tricks that means it’s bad. Althouh most of the time when I got the airdrop or free coin from all these hardforks I will just cash it out as fast as I can.

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January 11, 2020, 03:40:16 PM
 #11

Does profit is everything in crypto? No, It's not about the profit, mate. It's about the use cases, adoption, technology. Most of them time fork is not helping its main coin, they become just another shit coin. Bitcoin cash is a good coin for profit, but most the true crypto supporter doesn't support it for various reasons. You have to understand the fact, profit is not everything,

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January 11, 2020, 03:42:18 PM
 #12

It's simple to see and yet many failed to see the truth, many said coin forks are bad because they are just copycat of the original coin well so far all forks from popular coins are doing well, last bullrun all forks like bitcoincash, Ethereum classic, litecoincash all bring huge profits more than their original mothers, who says forks are bad? I thought we are all here for the profits? Honestly aren't this coins more better than most new coins of nowadays?

Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better

Forks on the category of there own, must not be generalized as good or bad especially as a whole since even though it's just a "copy cat" crypto, it does have a significant amount of clients who enjoy using it. Famous forks become what they are right now because they proved to be useful for many investors and use case for some.

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January 11, 2020, 03:55:53 PM
 #13

It's simple to see and yet many failed to see the truth, many said coin forks are bad because they are just copycat of the original coin well so far all forks from popular coins are doing well, last bullrun all forks like bitcoincash, Ethereum classic, litecoincash all bring huge profits more than their original mothers, who says forks are bad? I thought we are all here for the profits? Honestly aren't this coins more better than most new coins of nowadays?

Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better

I think this depends on the intentions of fork. If the fork is done just to money grab then it is very bad but if it is done to fix glitches and bugs then it is good.  Sadly, the coins you mentioned are just for money grab and that is really bad.
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January 11, 2020, 04:02:40 PM
 #14

Many fork coins are actually bad, you mentioned zclassic but it looks like an abandoned project already, no new updates and no new exchange listing, all three available exchanges are small exchanges, i know few forks are good but you still need to do your research very well before making decision on fork coins

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January 11, 2020, 05:26:53 PM
 #15

You only mention successful coins, why don't you mention coins forks from NXT = Ignis, failed forks!
I'm not here to say that forks are bad, forks are good because they fix the old system to be even better (on the main coin). but when talking about new coins that appear in the fork, it is not necessarily all good. profit is only temporary, in the long run nothing is profitable, just look at the price of bitcoincash down very far from the initial price.

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January 11, 2020, 05:30:03 PM
 #16

Many coin have been success and failed depend how much price with their first coin, if main coin to hard fork have higher price I think next time with their coin fork could be with higher price too, look like NXT coin hard fork and have new coin called with IGNIS have lower price because with first coin NXT have lower price and IGNIS allow with fork coin.

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January 11, 2020, 05:45:19 PM
 #17

It's simple to see and yet many failed to see the truth, many said coin forks are bad because they are just copycat of the original coin well so far all forks from popular coins are doing well, last bullrun all forks like bitcoincash, Ethereum classic, litecoincash all bring huge profits more than their original mothers, who says forks are bad? I thought we are all here for the profits? Honestly aren't this coins more better than most new coins of nowadays?

Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better

Do you have any idea how many Bitcoin fork coins we have?
20?
50?
100?

NO! There may over hundred fork coins in the market!
You should visit this website : https://mapofcoins.com/bitcoin/

Most of this forks are just another shit!


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January 11, 2020, 05:52:42 PM
 #18

It's simple to see and yet many failed to see the truth, many said coin forks are bad because they are just copycat of the original coin well so far all forks from popular coins are doing well, last bullrun all forks like bitcoincash, Ethereum classic, litecoincash all bring huge profits more than their original mothers, who says forks are bad? I thought we are all here for the profits? Honestly aren't this coins more better than most new coins of nowadays?

Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better
If you are talking about the profit from these forks then yes these are good but if started by legit developers many will try to do a fork without have any knowledge and just launch a shitcoin. If the developers behind the fork are great then we will really get the profit. The first profit will be the price of the original coin which will increase to the highest value.
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January 11, 2020, 05:56:06 PM
 #19

It's simple to see and yet many failed to see the truth, many said coin forks are bad because they are just copycat of the original coin well so far all forks from popular coins are doing well, last bullrun all forks like bitcoincash, Ethereum classic, litecoincash all bring huge profits more than their original mothers, who says forks are bad? I thought we are all here for the profits? Honestly aren't this coins more better than most new coins of nowadays?

Bitcoin gold, bitcoin private, zclassic and etc, i knew some you made fortunes out of these forks, these coins are better
If you are talking about the profit from these forks then yes these are good but if started by legit developers many will try to do a fork without have any knowledge and just launch a shitcoin. If the developers behind the fork are great then we will really get the profit. The first profit will be the price of the original coin which will increase to the highest value.


People just left the BTC to fork for make money. However, time has shown that Bitcoin is more than hundreds of projects devoted to it. There is no Bitcoin fork yet close to the BTC. Bitcoin Cash and all other trash together, Bitcoin alone!

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January 11, 2020, 05:58:33 PM
 #20

so you go concluding that forking is money making?

i'd didn't look at it that way since i didn't claim the forked coins i suppose to have. those who did sure just dump the free money they get. but i'm sure those forked coins only have few people in their community fooling each other. there is not much people who are with BSV today, they can probably can nod each other to go back hundred to thousands of blocks to invalidate previous transactions.









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