Any future for Bitcoin cash?

Any future for Bitcoin cash?

Aug 2, 2017

what happens now ?

Everyone who has bitcoin before the official launching of bitcoin cash on August 1st at 18:24:41 UTC (GMT) theoretically has access to the same number of Bitcoin cash. The current price at the time of writing was US$358 per bitcoin cash. This was about 20% of the price of Bitcoin, which was trading at US$2,715. Given that the two may have different characteristics and their price will start moving independently fairly quickly, having two different bitcoins should not be a headache to casual investors. Bitcoin cash seems to be gathering momentum since its launch having backers supporting it. Whether there will be an eventual winner will depend on how the changes actually work in practice and for that, we will have to wait and see.

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