There is obviously a lot of chatter about BCH. FUDders are trying to mislead People into thinking that BCH could take over from BTC. Anyone who believes this even in the slightest needs to remember that this event will completely nuke the entire crypto market. It will set ALL of us back 8 years.
It's not good for anyone involved in cryptocurrencies if a miner-controlled, de facto centralized cloned currency threatens THE cryptocurrency with seemingly impregnable reputation established through 8 years of hard toil within a matter of days through artificial pumping.
What this would mean is that banks, governments, media and the so called financial experts were all right all the way along that cryptocurrencies are unreliable and it's just a classic economic bubble that could burst in an instant. After the recent mainstream attention on Bitcoin, any attack on Bitcoin to destabilize it is a death sentence for all cryptocurrencies and that includes all Bitcoin clones. Anyone who is blindly following along is pretty damn dumb and will end up falling on their ass. It's downright suicide.
I really don't have any specific issue against the momentum BCH is getting and the increase in price that it has witnessed in the last couple of days and the bold part of your submission is something that is of concern. Everyday, there are threads about when will bitcoin be accepted by merchants or when will government regularized bitcoin but with the way this is going, which one exactly will government recognize. Obviously they cannot recognize all the coins we have in this crypto space but the question is in all the bitcoins that we have, which one id right for recognition when each and everyone of them is claiming to be the bitcoin.
I share in your fear because what the developers and people who are behind all this are doing is to create confusion and also as a word sent to the core developers to do something about the issues in which other developers are giving against bitcoin and are using as an excuse to have a fork or any other coin.
In the words of Satoshi Nakamoto, 'Hard forks must only even be considered as a last resort'. How many last resorts in 3 months? I want 2mb, I will make a hard fork. I want 8mb, I will make a hard fork. I want new mining device, I will make a hard fork. Open-source will always have such exploiters.
Every single hard fork of Bitcoin was effected due to greed and to serve self-interest of a minority. As long as there are fools, there will be conmen. As long as there are stupid people in the network who entertain hard forks, there will be a hard fork every month. If you feel strongly about a genuine improvement to Bitcoin, you should appeal to the whole network and try to explain your idea to them and why it is the best course of action.
With sufficient proof of concept, people are not dumb to reject ideas which are beneficial to Bitcoin. Hard forks create unoriginal, cheap clone coins and are only meant to benefit a few selfish, egoistic dissenters. If you follow these people, they will take you down with them. By giving them support or even attention, you unwittingly run the risk of tearing the whole system down. In whose interest is that?