It seems bitcoin network is almost guarented to split . One is bitcoin and other one is bitcoin cash.
So will it be similar like eth and ethclassic ? it seems it is just in the air, nothing else. actually a fork of bitcoin. I do not think it will be as popular like bitcoin. Actually there is no difference at all . just another alt coin it seems .
Bitcoin whatever it does , it takes market with it. if bicoin crash , then whole market is colapsing. Bitcoin is like a engine , and all other alt are like cars. whatever bitcoin does they also follows.
So what will happen to bitcoin ? will it go and become a million buck coin like many analyst have predicted , or it will collapse ? People are so much focussing on bitcoin and it's action waves which ripple the market.
But again everyone is forgetting i guess , that bitcoin was the beginning . If it collapse then cryptocurrency market as a whole will not die, infact there will be another or some currencies which will try to take over the market. It is a blockchain revolution , not a bitcoin revolution . Blockchain revolution has gone so far ahead , it is impossible for any govenment or anyone to stop it.
As regarding the split of btc , people might think that will it be equal split ? The chance of that happening is very remote , as bitcoin cash is an altcoin , while some think most businesses will not touch bitcoin cash. They will stick to the old bitcoin which is activating segwit.