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Author Topic: Forks failed in 2021  (Read 134 times)
BitKongy (OP)
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December 30, 2021, 07:18:27 AM
 #1

It seems like the bull season is slowly going away but one thing came to my mind, what happened to all bitcoin fork? They don't surge like they did in 2017 bull season, bitcoin private, bitcoin gold bitcoin diamond and others are all huge gems in 2017 but today they are not been talked about, what happen
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December 30, 2021, 09:01:47 AM
 #2

It was the hype before and people in 2021 focused on NFT, Meme coin and high yield staking sites. Though I think there's still some forks around the industry but it doesn't look like the 2017 hype forks since people today wasn't able to experience that we have new enthusiast rather from before and most of the mare here because of the surge of the price of the Bitcoin and the other hypes that happened in 2021

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December 30, 2021, 11:31:10 AM
 #3

The history will not repeat mate especially this year wherein there's a lot of opportunities to make massive profits than bitcoin and obviously im talking about NFT's and staking etc..  And a lot of fork events as well that happened this year if you don't know. so it's not surprising and maybe a lot of investors sees that they're very promising than bitcoin or more profitable afterwards.
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December 30, 2021, 11:33:07 AM
 #4

Well, you don't have to think of them anymore. This bull run has just proven what the people like to invest and if they didn't pump, it does mean that the people are not investing into those forks.
If you still hold those forks from bitcoin and you've missed the profit during their run, it's for you to decide whether to keep on holding them and wait if there will be a time that they'll move up.
But if you want to, just take the free money and forget about them.



 

 

 

 

 

 


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December 30, 2021, 12:09:27 PM
Merited by jostorres (2)
 #5

As per your subject line, I am not seeing any announcement on bitcoin forks in 2021. Probably there could be any fork might have happened but definitely failed to grab out attentions.

I heard that BCHABC's or BCH-SV's fork has been renamed as eCash. Other than this, I have not come across any fork news in 2021.

It seems like the bull season is slowly going away but one thing came to my mind, what happened to all bitcoin fork?
Whether fork or not, when a project is lagging with real life application then we cannot expect them to be sustaining in markets. Fork coins gathered our attention due to free airdrops to all BTC holders but definitely failed to capitalize that initial attention by failing to develop any real world use-cases.

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December 30, 2021, 12:27:41 PM
 #6

yes there's dozen of bitcoin fork, i think the true reason is to get bitcoin hodler get more profit since bitcoin fork will be list on centralized exchange without doing nothing.

Currently hype is DeFi, Play to Earn, NFT and MetaVerse token that build on other chain

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December 30, 2021, 12:30:44 PM
 #7

It seems like the bull season is slowly going away but one thing came to my mind, what happened to all bitcoin fork?
They are dead. These days people are getting even smarter than before to avoid to buy the shit scam fork bitcoin token like BCH, BTCGOLD, BTC DIAMOND, etc. People know that if those were shitty pump and dump coins with no fundamental but they are only taking the advantages of bitcoin fork that was getting started with bitcoin cash.


They don't surge like they did in 2017 bull season, bitcoin private, bitcoin gold bitcoin diamond and others are all huge gems in 2017 but today they are not been talked about, what happen
Those coins were only getting the hype but they have no product and they were pure pump and dump coins. The developers behind those forks were only taking the advantages like dumping their premined coins to the market and they were running away with the money. Those bitcoin fork coins can also be considered the big scam in the crypto market.
Fork coin = scam

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December 30, 2021, 12:34:49 PM
 #8

It seems like the bull season is slowly going away but one thing came to my mind, what happened to all bitcoin fork? They don't surge like they did in 2017 bull season, bitcoin private, bitcoin gold bitcoin diamond and others are all huge gems in 2017 but today they are not been talked about, what happen
Nothing special has happened to all of them, and if they are rarely talked about it is simply because there is so much competition in the market today with a concept that is no less interesting than all the coins that were born through the Bitcoin fork.
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December 30, 2021, 12:55:19 PM
 #9

So far since 2020 there have been zero news about bitcoin forks, that's because they don't matter much again, now we have meme coins and metaverse even DeFI was a blow but no one cares about forks anymore so yes there you have it, forks are dead

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December 30, 2021, 01:38:44 PM
 #10

So far since 2020 there have been zero news about bitcoin forks, that's because they don't matter much again, now we have meme coins and metaverse even DeFI was a blow but no one cares about forks anymore so yes there you have it, forks are dead
Actually the Fork is not dead, it's just that it's rarely mentioned because there are new ones with different trends, so it's clear that the coins from the Fork have started to lose interest even though they are still in the market, but to compete with others it's a little hard.



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December 31, 2021, 07:12:11 AM
 #11



What is happening is that forks are already not important these days hence they are not anymore as attractive as before. I just consider them to be copy-cats and they should have evolved otherwise they are already dead. We prefer projects that are new and are really bringing innovations to the people and not anymore the me-too types. While many of the forks in 2017 can still be alive, we know that excitement is not anymore with them and years from now they can be non-existent already - the harsh realities of the market will be dictating this to be coming true. 

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December 31, 2021, 07:24:22 AM
 #12

What do you mean by failed? Forks like bitcoin diamond still appreciate in value when BTC surge up to 67k months back, few of them 2x their worth in that period of time, that's not what we called failed if they don't have volumes anymore or they are already abandoned then we can call them failed but now they aren't.

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December 31, 2021, 07:34:57 AM
 #13

Do you even invest in any? I doubt that let me give you an example of what I mean, last year December 2020 bitcoin private was at its lowest of 0.02 if you pack some coins at that time bro you will make lots of money because in early Nov 2021 this coin was sitting at 3.7$ per bitcoin private, this is just one out of many

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December 31, 2021, 07:51:57 AM
 #14

Forks always meant free money for me nothing more.

If i have 1 btc and some fork gives 1 xbtc for it, i take it and sell it. imitations keep the original alive. But i don't have time for some imitations. I always care about originals. So that failing is not a surprise for me.

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December 31, 2021, 08:12:41 AM
 #15

Last bull run isn't the forks season, but meme coin, DEFI, and NFT season. So not only BTC forks failed, but also ETH forks (remember all the ethash coins back then?)
I still have some BTC/ETH forked coins and still keep it just in case it will go to the moon in 2030 lol.
If DOGE and SHIB can moon, there's still hope for BTC/ETH forks Wink

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December 31, 2021, 10:24:43 AM
 #16

Fork coins are always free money so I don't have any reason to keep them around while I can just sell them for better projects like BTC and ETH but bitcoin gold and bitcoin diamond are both good projects for means of payment and are still both active, in future there might be a need for them

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December 31, 2021, 11:38:16 AM
 #17

What do you mean by failed? Forks like bitcoin diamond still appreciate in value when BTC surge up to 67k months back, few of them 2x their worth in that period of time, that's not what we called failed if they don't have volumes anymore or they are already abandoned then we can call them failed but now they aren't.
Yupz that's true even though Sometimes there are many people who still misunderstand the word "FAIL" on a coin which in the end considers all coins that don't increase in price to fail even though it's a big mistake, and the most surprising thing is that the coins that actually failed but didn't considered Grin

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December 31, 2021, 01:50:24 PM
 #18

It seems like the bull season is slowly going away but one thing came to my mind, what happened to all bitcoin fork? They don't surge like they did in 2017 bull season, bitcoin private, bitcoin gold bitcoin diamond and others are all huge gems in 2017 but today they are not been talked about, what happen
Blockchain systems may not/cannot force users to upgrade clients and protocols since it's decentralized nature. Therefore, protocol upgrade in the blockchains often leads to “hard forks” or “soft forks.” For example, The Bitcoin community could not reach an agreement over block scaling, that resulted in several controversial forks. Lately, Ethereum’s “hard fork” offered a temporary fix to The DAO problem, but it also created “duplicate assets” like ETH and ETC. The result is always division in the community. Who survives after? I think the stronger community.

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December 31, 2021, 01:57:52 PM
 #19

How Many Bitcoin Forks Are There? You will be surprised!!!

That topic collects enough information about Bitcoin forks. It can be outdated and not include latest forks but even so it is informative enough. Forks failed is not strange thing. It is normal and very naturally. Most of teams created such forks don't have capability to develop their projects so project's failure and death is unavoidable.

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December 31, 2021, 04:05:36 PM
 #20

Do people still invest in fork coins? Well the answer is yes for me many ridiculed bitcoin cash this year saying it can't ever see 600$ anymore but they are put to shame later, why hate forks so such when few of them do better than most new altcoins today? Bitcoin cash and bitcoin gold for example they are still standing strong

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