What is the reason why Bitcoin is not currently forking?

[betswift]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

It could fork at any time that anyone wants to. It is just a question about who would follow the fork so someone who forks has to convince lots of people to follow it.

Yeah, people won't lose their interest in the OG BTC anytime soon, I don't need what needs to happen for such a case to occur..

[pawanjain]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

The only reason forks have been created from bitcoin is because some group of people think they can design a better coin to bitcoin.
Since none of them have been quite successful yet people have dropped their ideas of creating a fork all together.
There's no point of creating a fork these days since people trust bitcoin and treat the rest as an altcoin.
There won't be a better bitcoin and hence there won't be a fork to it at my best guess.

[tbct_mt2]

Now my question is, what happened that there is no possibility of a fork being created at present?

Bitcoin blockchain has worked well recent months and after Ordinals, Runes gone with their not too long lasting hypes, Bitcoin mempools become better, no longer overloaded. Now you can move your bitcoins with fee rate like 1 satoshi/vbyte or you can customize your wallet and use fee rate lower than 1 satoshi/vbyte.

If you want to do that, read this guide.
How to make a bitcoin transaction and pay less than 1 sat/vByte.

With this ability to have cheaper fee than years ago, does Bitcoin truly need any fork now and in near future?

[NotFuzzyWarm]

@OP,
Just why do you think BTC needs a hard fork? Hard (and soft) forks happen for a reason - not 'just for the heck of it'.
What aspect of it do you think needs a change big enough to require forking?

[AmoreJaz]

Bitcoin forks were done by people who thought that forking bitcoin was going to solve problems they claim were inherent in bitcoin such as scalability. They made us believe they were going to produce a better bitcoin but reality always say otherwise because most if not all of them ended of producing shitcoins. Bitcoin SV, Bitcoin Cash and many other forks cannot be regarded as superior to bitcoin, they are closer to failure as a project than anything. This may be the reason we are not seeing much forks anymore, people would have realized the futility of such exercise.

In short, it is better to not have forks because it will just create more trash alts. We don't need them anyway, as we already have btc. This kind of event has been abused of other developers because once they created the forked coin, they are hyping it and exhausting money from it. After all, we have seen over the years that we don't need these forked coins because btc already served its purpose without these other alts. People are just confused with these coins.

[Xylber]

I think it should fork. People seem to forget this is an open source project. I think there are multiple legitimate reasons why forks would benefit the community, whereas taking an attitude that forks are evil and the Core team can do no wrong will almost certainly end in disaster.

I completely agree.
The fork must be useful tho, like quantum computer protection, faster transactions, or adding more zeroes (smaller than satoshis).

But bankers would make the impossible to ignore the fork, forking would make people holding ETFs not to get any new coin. People moving from Bitcoin to (example) QuantumBitcoin would put Wall Street and institutional in a rat race again, and they don't like to be the rats. They bashed BTC while they didn't control it, now they make wars on Venezuela and confiscate their 300,000 Bitcoin.

A fork is anti-system.

[d5000]

One of the reasons why the 2017-style forks like BCH aren't currently that "en vogue" anymore, is that they would work like a gigantic airdrop because lots of users would get coins for free.

Airdrops have created selling pressure always from their invention on, starting with Auroracoin (although there may have been earlier examples). But a Bitcoin fork would "benefit" even more people than Auroracoin back then (where 200,000 residents of Iceland were benefitted). So the selling pressure would be inmense.

BCH was a bit different back then because at least a small part of the community believed that it could become "the true Bitcoin". There were some former Bitcoin developers who supported it or were at least critical to the "Core" decisions of that time (Gavin Andresen for example). Thus is was able to gather 10% of the BTC market cap for some time. (There were also less Bitcoin hodlers back then that could claim "forkcoins".)

But not even a fork by Luke-Jr (another "former dev critical with current Core leadership") would nowadays have that effect probably. At least the amateurish fork proposals like "BIP-110" (the temporary softfork mentioned here by @Darker45) or "The Cat" are completely unattractive for everybody who has at least a minimal serious understanding about how Bitcoin works and is not completely ideologically blinded (like Luke may be). Because they could create a lot of chaos and confiscate coins. So even if somebody is brave enough and begins to run a BIP-110 Bitcoin-fork client, it would convert into a small shitcoin in no time.

[TastyChillySauce00]

Because everybody figured out any fork will just become altcoin and the real bitcoin will never be replaced. It just doesn't work anymore.

You can fork bitcoin and announce it, but nobody would even care. At that point no one is really trying to fork bitcoin anymore and create another BCH. They just knew it won't work.
See the bright side, less fork means less altcoin because all of them are unnecessary. Moreover, people seems to prefer building their own L1 these days.