We are waiting for 50 forks Bitcoin in 2018

Haunebu

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Quote from: Irvinn on January 27, 2018, 02:54:23 AM

50 forks of bitcoin per year, it's certainly a bit much. On average, there will be one fork each week. Despite the fact that most of them are useless, this folk art as a whole should positively influence the development of the crypto currency, because among these all the separated coins, sometimes there are smart ideas. Therefore, in general, I am positive about all new forks. In the future, the market will determine which of the new coins will be useful and in demand, and which ones will be unnecessary and will be forgotten. We do not lose anything from this, on the contrary, we can get these new coins for free. which have, as a rule, a decent value.

I do not agree with you here. We have already observed that almost all of the bitcoin forks till now were never successful and were simply designed to fill the pockets of their developers in a short period of time by degrading the reputation of bitcoin which is something that I do not endorse. The upcoming forks will also function in a similar manner for the most part and will most likely fail.

Honestly, the only fork of bitcoin that made sense to me was Bitcoin Cash which is doing well currently. Not many people have a lot of bitcoin which means that most of these forks will not be profitable for the majority.

Sithara007

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Out of the 19 forks in 2017, I claimed just one (Bitcoin Cash). I need to claim the other forks as well, but exporting the private key is a bit risky. I would do that sometime in 2018, together with all these 50 other forks. Anyway, I am glad that these guys are forking Bitcoin. I am getting free coins, which I can either convert to BTC, or sell for fiat cash.

warning_btc

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Be careful with this forks. You can loose all your bitcins trying claim forked.
90% of these forks dont release wallets, and you can claim it if your exchange support it.

Irvinn

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50 forks of bitcoin per year, it's certainly a bit much. On average, there will be one fork each week. Despite the fact that most of them are useless, this folk art as a whole should positively influence the development of the crypto currency, because among these all the separated coins, sometimes there are smart ideas. Therefore, in general, I am positive about all new forks. In the future, the market will determine which of the new coins will be useful and in demand, and which ones will be unnecessary and will be forgotten. We do not lose anything from this, on the contrary, we can get these new coins for free. which have, as a rule, a decent value.

Harlequill32

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Quote from: realcrypto on January 24, 2018, 10:05:14 AM

From what I have observed the bitcoin fork is just another form of ICO because fork was meant to reduce the transaction fee and make the transactions faster but now the reverse is the case.

I haven't seen any good reason why we would support these hardforks. Everyone of them promises to solve the problem of bitcoin but it seems they're just nothing.

realcrypto

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From what I have observed the bitcoin fork is just another form of ICO because fork was meant to reduce the transaction fee and make the transactions faster but now the reverse is the case.

onnz423

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It doesn't matter how many forks there are, bitcoin is the first and will always be the number 1 crypto. People will stop forking bitcoin when they realize there is no money in it, and no interest in switching all systems to a new coin. Exchanges will refuse to trade new cryptos being forked solely to pump and dump, and it is typically obvious which ones these are.

Carlsen

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If there were really 19 forks last year, the good thing is 17 of them were too unimportant for the majority to even notice them
I hope that forking is connected to a certain amount of work and investment.
If the large majority of those forks goes on without the bitcoin community taking notice of it, it might become not worth trying anymore.

bug.lady

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Quote from: Eterbank on January 23, 2018, 11:00:37 AM

If my nano ledger s is not supporting it, then I wont touch those forked coins. Would not risk losing all my bitcoin.

you can consider using another hardware wallet synchronized with the same 24 word seed phrase.

At present they seem to support the same forked coins (i.e. BTC+BCH+BTG). BUT if in the future one of them supports some coins NOT supported in the other, then please remember that all hardware wallets behave the same when they are synchronized with the same seed phrase, so you may consider using them simulataneusly for different coins.

I am testing it currently with Trezor and Ledger and I had no conflicts.

But what can be done to claim a forked coin if NONE of the hardware wallets supports a given fork - I guess you are right, you can do nothing. However I would be very happy if some other member could offer another option.

supermandre

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The problem with these forks are its making bitcoin and other crytocurrencies a joke. Its like 1 out of 10 forks may be legit ones everything else are for dumping for quick profits.
I believe those making forks are just lazy ass developer who cannot program something unique and just riding bitcoins popularity. The good thing about it, when fork dumping begins, it may make bitcoins value raise. So it still a win-win situation for btc.

poplolnman

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Quote from: alyssa85 on January 23, 2018, 09:04:23 AM

Quote from: coinsons on January 23, 2018, 08:31:52 AM

whos need this forks ?

only btccash is good others is just for speculations

These forks are happening because people like free money.

Usually what happens is that an exchange announces it is supporting the new forked coin. This prompts people to send their bitcoins to the exchange to qualify for the airdrop. The exchange then has a full bitcoin wallet (which is what they are really after).

Bitcoin business opportunity actually getting bigger opened with the forks, just the way some developers treat it for the sake of money purpose not the mission why it should have a fork , bitcoin cash are the pioneer of bitcoin fork and so far so good. They have a clear mission.

sagor0707

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Yes you are right. Bitcoin mechanical problems are increasing day by day. Even There was no problems at the beginning of the year 2017, but at the end of 2017 we saw several fork. I think there will be more than 50 fork. But what is the need for so much? It would have been a Fork to get the benefit of everyone.

JPCain

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I dont think they are good for the long run but while they are happening I will take advantage of the cash from the sales and put it back into my BTC balance.

While ICO are still generating huge sums they will still keep coming. I wont get involved in ICO as I think the current alt market is saturated.

Harlequill32

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Quote from: anti-scam on January 23, 2018, 12:26:39 PM

Quote from: gabmen on January 23, 2018, 09:57:48 AM

Quote from: BitcoinHunt3r on January 23, 2018, 09:03:55 AM

Quote from: coinsons on January 23, 2018, 08:31:52 AM

whos need this forks ?

only btccash is good others is just for speculations

right, so far i don't see anything good from BTG, and BTC Diamond i think it is some fail project too because it is not released untill now in some exchangers, even my local exchanger don't know when the time it released

That's too many and most would probably have no use or will end up as shitcoins clogging the market. 50 forks? That's 50 bitcoin somethings. Lol imagine how difficult it would be to name all those btc subcoins.

I guess that number is too much, what is repaired by hardfork?
only hope without certainty. maybe I'm not too sure of it.
everyone has different predictions, and risks becoming a learner

What I think is these "hardforks" are only using the popularity of bitcoin because instead of solving the problem they add confusion to the public. They attach the name bitcoin to their coin in hopes to get more attention and confusion.

anti-scam

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Quote from: gabmen on January 23, 2018, 09:57:48 AM

Quote from: BitcoinHunt3r on January 23, 2018, 09:03:55 AM

Quote from: coinsons on January 23, 2018, 08:31:52 AM

whos need this forks ?

only btccash is good others is just for speculations

right, so far i don't see anything good from BTG, and BTC Diamond i think it is some fail project too because it is not released untill now in some exchangers, even my local exchanger don't know when the time it released

That's too many and most would probably have no use or will end up as shitcoins clogging the market. 50 forks? That's 50 bitcoin somethings. Lol imagine how difficult it would be to name all those btc subcoins.

I guess that number is too much, what is repaired by hardfork?
only hope without certainty. maybe I'm not too sure of it.
everyone has different predictions, and risks becoming a learner

Mometaskers

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I've never really concerned my self with these. Heck none of the people I know even bothered to go through the process of acquiring those forked alts.

Quote from: erickkyut on January 23, 2018, 08:40:03 AM

These forks are the things that's ruining Bitcoin. They are greedy people who just wants FREE MONEY and doesn't really care for the community. They are the poison of Crypto Society. Most of the coins that were results from the previous fork are just shit coins! I'm not referring to all but majority of them are useless!

Indeed, they are a major source of confusion for people new to cryptos. Though there's not much we users can do anyway.

brotherwood12

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is every fork make new "baby" coin ? if yes, there will be more coin
but i think , just few coin will acceptable on market , and another will become a trash Sad

European Central Bank

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You don't need ledger to do anything.

Move your coins after whichever fork into another wallet.

Pull out the private key.

Get a new seed for the ledger and send your BTC back to the new address.

There's no risk, just some hassle.

Eterbank

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If my nano ledger s is not supporting it, then I wont touch those forked coins. Would not risk losing all my bitcoin.

European Central Bank

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It's gonna be interesting to see which alt will start to airdrop on people in the same way.

There ain't many out there who have enough bitcoin to get a significant amount of these forked bitcoins.

Topic: We are waiting for 50 forks Bitcoin in 2018 (Read 388 times)