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RE: BTC - Correction in progress - Possibilities
Any cryptocurrency is an alt coin. I know that BCH is another alt coin, i'm just saying that it is very confusing because in some exchange Bittrex the bitcoin cash is traded in BCC/USD or BCC/BTC meanwhile in Bitfinex the bitcoin cash is known with BCH/BTC. Moreover, the BCH was created to solve the BTC high fees problem.
That is why the community is not loving Bitcoin Cash so much. It is just pure speculation using "Bitcoin" name.
Zek, in response to your argument I would have to say that why would I use BCH when there are far superior alt coins in the market like litecoin, dash etc serving different needs?
I will tell you why lucygarrod, As you can see "Bitcoin Cash" has the word "Bitcoin" so the beginners of crypto will prefer those coins that has something to do with "bitcoin" rather than unknown name's coin. so 1 we can say that because of the masses BCH has potential to be most famous and invested=rise. 2 The powerful guys move the market, jihan wu, roger ver, ... =rise. Then BCH get popular so the merchants will accept this crypto. Skrill,Neteller,Steam... only accept btc for now. BCH has a big potential to be added. The crypto war depends on which coin is easiest to trade and to use.