Yes this sounds like a rocky road for a while. Bitcoin is introducing Segwit soon so that may help, but if the miners move to Bitcoin Cash then who will approve the transactions?
Yes this sounds like a rocky road for a while. Bitcoin is introducing Segwit soon so that may help, but if the miners move to Bitcoin Cash then who will approve the transactions?
The network is already slow enough as is, losing miners will just exacerbate that and cause a runaway train effect. BCH price will rise and more miners will flee which will cause slower transactions which will lower BTC price which will cause more miners to flee, so on and so forth. Meanwhile BCH will chug along with 8 times the transactions per second.
I tend to agree with you. I'm holding both coins now and will diversify as I go along. Thanks for your advice.