Forks failed in 2021 | Bitcointalksearch.org

jostorres

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Quote from: BitKongy on December 30, 2021, 03:18:27 AM

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

You mean what happened to the bitcoin and other cryptocurrency forks which happened in 2017? I guess there were lots of forks happened on early 2018 but 90% of them failed to survive till 2021. Yeah, most of the bitcoin forks (as I do follow only them and do ignore all other coins' forks) were not able to survive even for one year.

Quote from: beerlover on December 30, 2021, 08:09:27 AM

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.

Yeah, it was bitcoin cash ABC. I guess it was not a fork but just re-branding with massive supply. I guess this also will not sustain for longer duration.

Quote

Bitcoin Cash ABC (BCHA) has rebranded to eCash (XEC) and has redenominated to a 1:1000000 ratio.

You can find more information from coinmarketcap: https://coinmarketcap.com/currencies/ecash

StarKay

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First I'll say, most of those forks have lost steam and it is difficult to promote. Bitcoin Private has been a failure from the very beginning so it shouldn't even be on that list.
New and more efficient blockchains like Solana, Tezos, Kadena, BSC etc are also available now unlike then.
Fork coins want to use the Bitcoin tag to make money but so far people are not buying it.

Cengghengmania21

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Quote from: FloridaKid on December 31, 2021, 06:24:43 AM

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

yes. indeed we should exchange it to the right coin for us as a means of investment in the future. because by choosing the right coins, such as eth and btc, it can provide a return on the investment we make because the value continues to increase.

Synerggy

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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

OcTradism

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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.

stabilastb

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Quote from: BitKongy on December 30, 2021, 03:18:27 AM

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.

adiebitsler

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Quote from: HashingTower on December 31, 2021, 03:24:22 AM

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

FloridaKid

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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

mu_enrico

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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

levyashin

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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.

MCcryptonia

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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

HashingTower

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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.

DapanasFruit

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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.

domoy77

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Quote from: Ceyflix-Rez on December 30, 2021, 08:55:19 AM

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.

Ceyflix-Rez

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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

Ten98

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Quote from: BitKongy on December 30, 2021, 03:18:27 AM

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.

asriloni

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Quote from: BitKongy on December 30, 2021, 03:18:27 AM

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.

Quote from: BitKongy on December 30, 2021, 03:18:27 AM

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

dansus021

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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

beerlover

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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.

Quote from: BitKongy on December 30, 2021, 03:18:27 AM

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.

batang_bitcoin

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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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