There are three selling points with Bitcoin Cash as compared with other alts:
- Same mining PoW as Bitcoin, and their algorithm reducing the mining difficulty rapidly if nobody is mining Bitcoin Cash - there is a hope among the Bitcoin Cash fanatics that most miners will defect the "SegWitCoin chain" now that it's more profitable to mine Bitcoin Cash. Further, they hope this will spell the death of Bitcoin (aka "SegWitCoin") and Bitcoin Cash to become the new Bitcoin.
- Easier to convert from Bitcoin to Bitcoin Cash than to other alts: addresses can be reused, whatever software the merchants are using, there most probably exists some fork supporting Bitcoin Cash.
- A hope that since all Bitcoin holders as of 2017-08-01 also became Bitcoin Cash holders, there is a vested interest for a strong Bitcoin Cash.
I have become wary of the Bitcoin Cash project (it eases the pressure on my favorite proposal: SegWit2X . The ultimate goal of Bitcoin Cash is the destruction of Bitcoin (aka SegWitCoin) - and I believe that will be bad for all crypto in general, even though Bitcoin Cash would take over the throne). That said, I do tend to believe the FlexTrans proposal is sweeter than the SegWit proposal.
My prediction: Bitcoin Cash will either be the new Bitcoin by new year, or it will have an insignificant market price compared to Bitcoin.
thank you for your vote and comments. I appreciate the detailed reply. I also think some miners will switch to BCH as long as it is significantly more profitable to do so.
With regards to the shared addresses, is that really an advantage. I think it may confuse people more possibly. And I am not sure if BCH will indeed be easily implemented by merchants. Although technically feasible, still probably reluctant until it really takes over from BTC.
Many people i know who held BTC during the fork sold their BCH. Maybe it is not as widespread as i think though and there is an interest to get BCH working.
I agree with your last statement, BTC or BCH will lead, there can not be 2 with the same market cap eventually. And of course I think it will be BTC ;)
Again thanks for commenting!