RE: BTC Analysis Update - Nov 23, 2017
Just my perspective, however legit the BCH crowd is, probably shouldn't matter. Like I get crypto traders do not necessarily care or understand this, but how many base pairs work with BCH? Then it's tech is not amazingly better than other alt-coins.
BCH would only have a future if all the exchanges in majority decided, "This is the true bitcoin. It is now the base-pair for exchanges." Then Bitcoin becomes an altcoin in terms of base-pairs on exchanges.
If that doesn't happen then BCH is a junky altcoin with no features. Has a high circulation of coin but to me that's a small thing.
The market doesn't care about fundies though, and is pricing it on news generation and maybe hash power. But like 3 years from now, why are people going to buy and use BCH? There's no valid use case. It's a traders situation with nothing substantial backing it. I wish BCH would take over but exchanges are never going to permit that.