a question regarding btc forks | Bitcointalksearch.org

VitKoyn

full member

Activity: 490

Merit: 106

Quote from: stephen.dedalus on January 07, 2018, 04:56:44 PM

can somebody enlighten me a little bit about the forks?
suppose that you have been holding some btc from time A to time B, who can you know that during this time frame how many forks have been happened?
they are free money, who cares what their prices are, they may be worth quite alot in the future or they may not, as long as they are free they are good to keep in mind is that right?
if thats right ,why dont we see people talking about forked coins in the forums alot? is there something i am missing? do they hate free money?
for example how can i claim b2x and bcx right now? b2x is 200$ right now

It's hard to know how many Bitcoin forks just happened, because there are only few news and people appears to have no interest at all and only few are talking about those forks, but if you search the web you will find some sites that have the list of forks that just happened and also those upcoming. And even those are free money there are no exchanges that wants to list them, so how can we take that money out if there's no support from exchanges? and there's even no official wallet for those coins. I managed to claim some of that fork coins BTG, SBTC, BCD but I don't know if there are exchangers for those coins, only found exchangers for BTG.

iagyei259

jr. member

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If you have bitcoins in your bitcoin wallet and have access to the private key, then at any time in the future, you can still retrive the coins that is free and has attained value.

devarajdp

newbie

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The first and foremost piece of information all bitcoin holders should know is that in the event of a hard fork that splits the blockchain, bitcoins you possess will be perfectly safe.

Over the past year or so hard forks have gotten a bad reputation for political reasons, but in actuality, most types of forks are merely protocol upgrades. A blockchain split occurs during a hard fork which in turn branches the chain into two parts. If this happens, there is nothing a bitcoin holder has to do but wait and watch the fork unfold.

The folks at the subreddit r/btc have compiled a very well written frequently asked questions post concerning protocol upgrades and how users are affected. The thread gives details about the hard fork process and what to expect.

crypto_Butterfly

member

Activity: 186

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You can only claim your fork born coins if you hold your private keys. Means you need to hold your bitcoin in your hardware wallet. or if its on a online wallet or in an exchange then that exchange had supported that forked coin.

londonglory

newbie

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There are many guides on youtube on what exactly a fork is. I'd recommend to check those out. No one will describe it as detailed as done there.

stephen.dedalus

newbie

Activity: 76

Merit: 0

Quote from: RudeeTam on January 07, 2018, 05:28:11 PM

I know of only 3 forks last year that went live, Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond. You'll have to do research on their block numbers when the fork happened and know the dates. If you have BTC on those dates and you have your private key, then your one step in claiming them.
Some people don't like the forks since it splits the community and confuses people. Even though it's free money, it makes forks look "cheap".
As far as I know, the B2X fork did not happen. The B2X you're referring to might be a new token or futures.

tnx for ur reply, but how do u know that b2x didnt happen?
i have researched about the blocks and dates of some forks during whichh i was holding btc such as bcx(bitcoin x) but how to claim them? when i go to their website there has been some exchanges listed as their wallet

Ciscopro2000

member

Activity: 494

Merit: 10

Newbie question: I’m guessing forks are like stock splits? But it doesn’t seem to affect the price of the original pre-forked BTC. I’m wondering if we will see more forks down the road. Do we know of any upcoming forks?

RudeeTam

member

Activity: 299

Merit: 11

I know of only 3 forks last year that went live, Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond. You'll have to do research on their block numbers when the fork happened and know the dates. If you have BTC on those dates and you have your private key, then your one step in claiming them.
Some people don't like the forks since it splits the community and confuses people. Even though it's free money, it makes forks look "cheap".
As far as I know, the B2X fork did not happen. The B2X you're referring to might be a new token or futures.

stephen.dedalus

newbie

Activity: 76

Merit: 0

can somebody enlighten me a little bit about the forks?
suppose that you have been holding some btc from time A to time B, who can you know that during this time frame how many forks have been happened?
they are free money, who cares what their prices are, they may be worth quite alot in the future or they may not, as long as they are free they are good to keep in mind is that right?
if thats right ,why dont we see people talking about forked coins in the forums alot? is there something i am missing? do they hate free money?
for example how can i claim b2x and bcx right now? b2x is 200$ right now

Topic: a question regarding btc forks (Read 131 times)