Quote from: Ilegendph on April 16, 2018, 07:50:37 AM

Quote from: 3BCcash on April 15, 2018, 05:13:52 AM

Quote from: @ngelcryptopia on April 15, 2018, 04:51:44 AM

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 dont 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.

Quote from: Pursuer on April 15, 2018, 05:36:57 AM

Quote from: 3BCcash on April 15, 2018, 05:13:52 AM

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.