Re: Why no forks these days?

Every holder of Bitcoin could grab their other coins too which is crazyyy like imagine how much Satoshi has in just the shitcoins that's gotta be a lot of dough. I'm sure someone has figured what that bitcoin amount is! I just said bitcoin amount instead of dollar amount Cool

20% more Bitcoin was achievable from the largest dozen or so. In theory if you managed to nail the high trading point of each of them more would be possible, but there were people who actually achieved a 20% gain.

I think it was even more if you were lucky with the timing, there were many forks at the time and a few of them had fair values like 5-10% of Bitcoin.

Quote from: gmaxwell on August 23, 2025, 05:32:04 AM

Quote from: jackpotmaster on August 22, 2025, 08:09:24 PM

Forks and most altcoins have damaged the perception and adoption of Bitcoin and blockchain technology, there is no way to go around this fact.

I'm doubtful. I think they pulled away a good number of idiots and fraudsters that otherwise would have been a greater nuisance in Bitcoin and depleted the funds of some fairly bad actors. It's true that bitcoin sometimes gets blamed for stupidity in other blockchains but at least you can so "no, that was poocoin, not Bitcoin"-- which is a better situation than the same bullshit having happened in Bitcoin.

Question is did the benefits exceed the harms, I'm not sure. But I do know that people having the freedom to actualize their beliefs (however stupid they are) is a fundamental good. The same freedom that lets dumbass altcoins exist is what makes it possible for Bitcoin to exist. I think we should give them some benefit of doubt.

Perhaps, and I do agree but I was kinda referring to other people. There were people that fell for this scam, thinking that they are the real Bitcoin, a better Bitcoin or even the future Bitcoin. I can't blame a large amount of population that isn't that proficient with technology and scams. While it is technically their fault, they are victims too of scammer Ver and similar people. Were it not for their kind, they would probably not have made such an error. I don't think that random forks caused as much damage as Bitcoin Cash and SV because they didn't have authorities that promote them heavily.

BSV craze was nuts. Craig wright crashed bitcoin down to like 8k or something crazy like that. I wish I sold my house and capitalized on that as basically everyone wishes lol. That was just a short time ago too, pretty wild!