At this point I am working under the assumption (and I hope I am wrong) that the 2 MB hard fork of the SegWit2X NYA will not happen and the Chinese mining cartel is not really upset because they are planning on using Bitcoin Cash to take over control of Bitcoin. I would be interested in hearing from those who think this poker game will end with Core the winner and why. There is a lot of money at stake here.
Bitcoin Cash can not become the dominate chain since its future is more risky than
sticking with the current chain. It is fine to throw a little bit of hash on the Bcash chain
and get some coins and hold for unexpected profit in the future, but if miners move
majority of their hash to that chain, thus directly harming the Bitcoin chain, they will
have placed their future in the hands of Bcash, which will be regulated by the Chinese
Government and its Intelligence services. Bcash is not about freedom or bigger blocks,
it is about steering the network in a way in which it becomes capturable and thus
compliant to regulation directly within the protocol. It will be enforced by government
approved, licensed, and controlled miners.
The miners who are not based in China, but will be taking such a risk, is a gamble
that no sane person/miner would take. So IMO, majority of the miners will not leave
the Bitcoin chain for the Bcash chain as you think could happen. Through there may
be times where it is more profitable to do so, it must be weighted against whether the
long term viability is realistic.
Why would you let your reliable golden goose bleed out and potentially die, just to get
a few more eggs from a unknown neighbor goose, owned and controlled by an unknown
farmer? Most smart farmers stick to and protect their own geese. You never know if that
unknown neighbor goose is diseased or etc. or what risks you are actually taking on.
So, IMO there is a higher chance of SegWit2x becoming the new chain, then majority
of Bitcoin miners actually moving over to the Bcash chain (though I think there is also
a higher chance that the 2x aspect does not occur). The risks of moving over to Bcash,
or moving back and forth between the chains, is so massive, its insane to accept as
something that could realistically happen, IMO. It involves blind faith, which miners
in the past haven't been very interested in (unless its a purposeful attack type).
Miners are essentially squatters. If they get up and move, they will lose their place.
So the first miners to fully move over to Bcash are the first losers in the larger game.
That is why some are just dipping their toes, it's because no one really wants to swim.