I think you are correct in assuming BTC will drop. I think Bitcoin Cash is already "priced in" so to speak. Bitcoin cash is currently a future trading around $400 a unit. I figure most will dump this asap for BTC, and convert to fiat while the going is good. Some will win, others will be holding a coin worth not as much.
Maybe some will hold long term just for the sake of seeing a rise one day... Soon we will all know the answer.
The answer couldnt come soon enough. But i see the new segwit bip91 bitcoin winning more in the long run its been around too long and its too mainstream japan already has bitcoin atms i dont think its gonna go anywhere. Im hoping to capitalize on the dip though when it comes
I agree with that. Asia has adopted this much faster then anywhere else. I'm thinking since BTC really has no top figurehead, this may be a ploy to push this towards SEC and adoption of ETFs and mainstream trading and adoption....
Just a thought.
No i agree one hundred percent. With the soon to be released ledgerx and the secs adotion of ico tokens as securities and wanting to push for a regulated exchange of the most invested in tokens and coins and i donnt think bcc has the support to cut it