I wonder of "We the People", as in 40 billion $, will trust a 3 month old website and a lame copycat of the Bitcoin Core software.
To be fair, being a copycat is kind of a good thing. Their code is likely to be less buggy if they copy the tried and tested code and only modify small amounts of it themselves.
Anyway, I suppose we'll have to find out after August 1st who the market supports. I agree that Bitcoin Cash doing to well is unlikely - kwukduck started a thread saying that it would do well, so now I'm quite convinced that it won't.
Now is August 2 and we saw that the bcc or the bitcoin cash is not a joke, hence, it is an interesting coin because the value of it rises but not that much compared to the original. I can see a potential to this coin, I'd aldo like to invest in these but not that much, maybe it is because of their first bloom that's why they rise their value already, for me bitcoin is still the best.
It's normal for every coin that just launched to the market, I've seen yesterday bcash price was $283 and it rise up to $382
https://coinmarketcap.com/currencies/bitcoin-cash/ Bcash is just an altcoin and just like other coins, it will be used as trading object. It is a good time to watch over the price and wait for the best time to cash out, maybe bcash could recover to over $500 again.
Yes, it's a trader's alt, BUT...
(1) First official Bitcoin fork
(2) Moving $1.5 billion on 30,000 tx per day
(3) More hash power on the way when diff drops and network stable
(4) Devs can easily make various improvements without all the politics and overhead Core has
So much win, baby. You will get tired of winning !!
That must be something to say that it does not really constitute a joke,but besides I do not think it is a threat to BTC,rather both must learn from each other and i say this for several reasons,one of them is,for example,that although the BCH network has the ability to work with 8MB block size,it will take time to fill all that maximum capacity which is paradoxical,and on the other hand the users of the original chain aka BTC can see the effects of increasing block size and that the users are aware of the positive or negative effects that may exist by doing this,and in a given moment to justify because the increments must be gradual and not sudden based on the use that is given in certain periods of time,this could give an idea to the average use to explain why the limit was set at the launch of BTC, or help understand as the original proposal of segwit should have good effects instead of a big sudden increase.