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Topic: Why Every Bitcoin Fork incredibly Fallen Down? - page 2. (Read 223 times)

hero member
Activity: 2352
Merit: 905
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From December 2017 to January 2018, We have seen many bitcoin fork. And there are Super Bitcoin (SBTC), LBTC, Segwit (B2X) , Bitcoin Diamond And many more. That time SBTC Price was 800$, the B2X price was 1400$+

But at this moment, I just shocked by seeing their value! B2X Price is 1$ !! How is possible! SBTC price is 21$!! But why they are fallen down! Then Bitcoin Fork isnt helpful for Bitcoin? I am just confused.

Please Share your opinion.
Thank You.
I'll tell you real answer: Bitmain wasn't behind those forks. While people says forks aren't near to bitcoin, remember those days when tx fees were very high and confirmation time was almost 1 day if not more. Wasn't there a need of increasement in block size from two to eight? Eight because we have to consider future situation.
And why I said bitmain, they have great power and can manage things as they want. BCH isn't that different and unique from those forks, just bitmain is behind it and makes money from it.
newbie
Activity: 55
Merit: 0
I haven't claimed a single fork myself (not even bch)...I was all in alts when bch snapshot happened. All of them were created by greedy bastards who wanted to piggyback on the btc name and legitness. No real use for any of them.
hero member
Activity: 3164
Merit: 937
From December 2017 to January 2018, We have seen many bitcoin fork. And there are Super Bitcoin (SBTC), LBTC, Segwit (B2X) , Bitcoin Diamond And many more. That time SBTC Price was 800$, the B2X price was 1400$+

But at this moment, I just shocked by seeing their value! B2X Price is 1$ !! How is possible! SBTC price is 21$!! But why they are fallen down! Then Bitcoin Fork isnt helpful for Bitcoin? I am just confused.

Please Share your opinion.
Thank You.

I`m wondering why those forked coins were so overpriced back then?Perhaps they "stole" some "bitcoin reputation" right after the forks,but the market knows how to kick the useless stuff very fast.
Creating and selling a forked bitcoin is like selling a Lamborgini, which has the engine of some 30-year old shitty car.
It`s like they were using an already established brand to sell bullshit.
legendary
Activity: 3556
Merit: 9709
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I only claimed BCH, BTG & Bitcore. I couldn’t be bothered to move my coins out of cold storage AGAIN to claim the others. Money wise it’s not that much I’m missing out on any way.
member
Activity: 138
Merit: 74
NotYourKeys.Org
Simply because there's no point in buying the bitcoin-forks. Why would you buy a coin that pretty much no one uses?

You want a good coin that is secure and transparent? Buy bitcoin.
You want a coin with fast transactions and cheap? Buy bitcoin anyway. Wait for lightning network adoption.
You want a privacy-focused coin? Buy Monero.

There's really no reason on buying other coins that are focused on payments.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
But why they are fallen down! Then Bitcoin Fork isnt helpful for Bitcoin? I am just confused.

Hardforks like these never actually help the main bitcoin(BTC). All they ever did was to create a division in the community. I get that everyone has their right to create their own coin if they think that they could improve it, but no other forked coin has even come close to bitcoin(BTC).
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
it is simply because there is absolutely no usage for any of them. from bitcoin cash to bitcoin holiday (or was it new year!) they are all useless junk which were created so that a bunch of people could fill their pockets with more money. something like that is not exactly going to thrive...
full member
Activity: 627
Merit: 103
From December 2017 to January 2018, We have seen many bitcoin fork. And there are Super Bitcoin (SBTC), LBTC, Segwit (B2X) , Bitcoin Diamond And many more. That time SBTC Price was 800$, the B2X price was 1400$+

But at this moment, I just shocked by seeing their value! B2X Price is 1$ !! How is possible! SBTC price is 21$!! But why they are fallen down! Then Bitcoin Fork isnt helpful for Bitcoin? I am just confused.

Please Share your opinion.
Thank You.
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