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Author Topic: Interesting Trivia on Bitcoin fork  (Read 255 times)
jseverson
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April 16, 2018, 08:27:18 AM
 #21

i advise everyone not to buy bitcoin forks . why don't they create new coins ? they just use bitcoin's influence to make money . forks is equal to imitations .

I'm pretty sure you won't have to worry about that. No one takes any of them seriously, with the exception of Bitcoin Cash. I'm actually surprised they still have value at this point. I suppose there are still some people interested in them because they were given away for free. That makes them good for pump and dump schemes.

and about your last line i have to say a fork doesn't have to necessarily go in their "separate" direction. SegWit was a fork, so was P2SH fork in 2016 IIRC, and more. they didn't go their "separate" directions, they improved bitcoin by adding a new feature to it.

Those are soft forks though. Since we're talking about altcoins that forked from Bitcoin, "fork" in this context, refers to a hard-fork.

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RamonBTC
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April 16, 2018, 08:40:23 AM
 #22

That’s shocking we have passed plenty of bitcoin forking and creating so much shitcoins the process. Bitcoin cash as the most popular and most advertised in the forum the funny thing is their claiming to be the true or real bitcoin. I hate drugs! How come a bitcoin copycat and its supporters has the guts of claiming or unfairly used sites to spread this propaganda.

I don’t support forking and too much of it.
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April 17, 2018, 04:16:17 PM
 #23

Bro if you start including altcoins like CLAM in the list of altcoins that forked from bitcoin then the list will grow as big as nearly 700 coins since all of them forked from bitcoin one way or another. and you can even include secondary forks like the fork of forks (eg a fork that was created from LTC) then the number grows even bigger.
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May 05, 2018, 07:27:46 AM
 #24

Do you know there have now been a total of 69 bitcoin forks.
Ever since Bitcoin Cash launched, there had been many forks, with the likes of Bitcoin Coral, Bitcoin Sudo, and Bitcoin Star. Most of the bitcoin forks don’t have exchange listings.
Of the 69 bitcoin forks to date, just 10 are tradable on exchanges.
1. BCH
2. BTG
3. BTX
4. BTCP
5. BCD
6. SBTC
7. BCX
8. B2X
9. BCA
10. CLAM
Bitcoin cash is the only one trading above $100 while the rest might not be worth the holders' effort to claim the forked coins.


Really there are these much bitcoin forks? Why are there forks anyway? Isnt one bitcoin enough?

This forks are made to solve some of the bitcoin issues but it seems in the end they just become useless and as you can see only few of them are of value and can be traded. Its just noticeably wondering why bitcoin cash has that greater value compared to other forked bitcoins.
Bitcoin Cash was an orchestrated scheme (Roger Ver et. al), it an attempt to bring down Bitcoin with their big blocks arguments. So don't be surprised because there are powerful people behind Bitcoin Cash, that's why with all the forked bitcoin, its the only one that has a greater value.

Really there are these much bitcoin forks? Why are there forks anyway? Isnt one bitcoin enough?

these are altcoins and altcoins are being created every day.
the reason for it is because it is easy to create one, specially when you are forking an existing cryptocurrency which is practically copy pasting the code (which is open source and free to use) and creating your own coin.
the purpose of them is to make money! most of these have added a premine to their coin which means as soon as the new blocks on that altcoin (the forked coin) started being created the developer got his hands on a large number of his own coin which then he could dump on the market and make a large amount of money out of thin air.
Correct, this is the only purpose why those guys really making forked coins out of bitcoin. They found a way to 'legitimize' their manipulation thus making them huge tons of money in return.

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May 05, 2018, 08:17:34 AM
 #25

10. CLAM

if you start including altcoins like CLAM in the list of altcoins that forked from bitcoin then the list will grow as big as nearly 700 coins since all of them forked from bitcoin one way or another. and you can even include secondary forks like the fork of forks (eg a fork that was created from LTC) then the number grows even bigger.

the difference between a fork and a crapcoin is this:
crapcoins made by copy/pasting bitcoin code without any innovation restart at block 0. retaining no transactional data.
however a fork retains historic transaction/block data upto a certain date before they go in their separate direction

But what would you classify "forks" like Bitcoin Diamond or Bitcoin Private? Aren't they "crapcoins" as well? Plus what would you consider Bitcoin Cash? Because the Roger Ver definition would be "Bitcoin forked into Bitcoin Core and Bitcoin Cash". If that was true then what of the other forks that retained the transaction history?

   

We call them "RIPCoins" with less support. They are "Dead on Arrival" <RIP> and a Ripoff of the original coin.  Cheesy The only reason why BCash has been a little bit more successful, is because Roger Ver and his FanBoys are pumping the coin for now and also because they are ripping off newbies by posing as the original Bitcoin under BTC/Bitcoin named domains.

Once Bitcoin has evolved with the Lightning Network, BCash will go down in flames and be added to the "RIPCoin" group.  Grin 

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May 13, 2018, 06:55:18 AM
 #26

It is true that many bitcoin forks have been, but I think the 10 forks are the best for transactions or trades, and I am sure they are for bitcoin.
Pan Troglodytes
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May 21, 2018, 11:17:50 AM
 #27

Well, there are sites like https://forkdrop.io/ that discuss each fork and you might try to use it to get info if it is worth and secure to claim a particular coin.

I am very sceptical about those forks and I think they are worth s..t. However, some have a non-zero value and thus it makes sense to claim it and sell it. Not doing that equals hodling that s..t Sad
sungaiyangderas
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May 27, 2018, 08:15:08 AM
 #28

Basically, they think that if they come up with a pretty basic concept, and then make it a fork and tell Bitcoin news sites about it, beginners will be quite interested in pressing exchanges to make their lists. Unnecessary new forks, After collecting enough momentum, the exchange feels pressed for a fork list and then, as everyone already has some, they start trading it, which makes everyone misconstrue that it is worth it.
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September 22, 2018, 07:15:51 PM
 #29

Do you know there have now been a total of 69 bitcoin forks.
Ever since Bitcoin Cash launched, there had been many forks, with the likes of Bitcoin Coral, Bitcoin Sudo, and Bitcoin Star. Most of the bitcoin forks don’t have exchange listings.
Of the 69 bitcoin forks to date, just 10 are tradable on exchanges.
1. BCH
2. BTG
3. BTX
4. BTCP
5. BCD
6. SBTC
7. BCX
8. B2X
9. BCA
10. CLAM
Bitcoin cash is the only one trading above $100 while the rest might not be worth the holders' effort to claim the forked coins.

Well, bitcoin is open source so any group of dev or miners can support a fork. Therefore all these forks are not successful. BCH was most successful of all maybe because of the reason that it was the first bitcoin fork and it was hyped  a lot. Later on, there were not so much interest in the forks and people consider the original bitcoin to be valuable and the best.
RusellTim
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October 06, 2018, 03:45:59 AM
 #30

It would be interesting to put what they claim is different from Bitcoin. BTG a different mining system. I advise people not to buy bitcoin. They only use the influence of bitcoin to make money. That's incredible, we've been through a lot of bitcoin money and created a lot of process shitcoins. I'm not supportive and too much.
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