Bitcoin Fork Happens - Bitcoin Cash Debut

Bitcoin Split

Its been months now many people awaiting August 1, 2017 for the split of bitcoin . There was lots of implications as many feared a crypto crash or that bitcoin would come to an halt because of the bitcoin splitting into 2 segment.
Its has been almost day 2 already as we come to terms on what well is happening with bitcoin cash and bitcoin.

Bitcoin Cash

Bitcoin cash was introduced on August 1, 2017 because it was stated the bitcoin block size was too small which allowed a very slow process of transactions. Bitcoin cash was then being introduced to which sees an increase in size from 1megabyte to 8 megabytes. This would allow a far greater amount of transactions to be done.

The original Issue results a solution however BCC seems to have a shaddy start.

There is yet an issue this far as Bitcoin power brokers were not able to come behind a single solution that would have preserved a unified cryptocurrency as was first thought of thus created a split.
Even though bitcoin cash is fully on board there might be some technical issues as its been slowed down as an insider was told by Peter Borovykh of Blockchain.
Supporters of bitcoin cash is really excited as they thought of how much this will improve the slugishness experienced by using 10 year old bitcoin. Bitcoin cash block size is 8 megabytes.

What's happening at the moment

Bitcoin Cash is facing an understanding since some platforms already reports that up to 60% is selling or want to sell. Its first day saw a small amount of activity as some traders started buying after which most desides to watch.
Many people is using it as an advantage to maybe sell and purchase more bitcoin however that could end up biting them in the back since anything can really happen as it may just shoot off increasing on a quick pace.

Bitcoin current advantages over Bitcoin Cash

First and foremost bitcoin is the prototype cryptocurrency of block chain technology. Its is currently been looked into by many big cooperations as a payment exchange and is being implemented worldwide. It is soaring at approximately 2700 and may increase drastically as the world know more about block chain technology and decentralisation of money.

Conclusion

I personally think that everyone should hold and see what happens. In the long run people are always slow to change as they look for elements of advantages and disadvantages. The best thing to do noe is stay close to bitcoin news feeds and learn more about what's happening for yourself than just selling off or buying up bitcoin cash. One thing I'm almost sure about is that bitcoin cash was not a mistake since its able to handle multiple times of transactions, its much faster by far and its new.