The current situation in the market is really freaking me out. The news in the market that says Bitcoin cash will replace Bitcoin is creating FUD and people are switching over to BCH. They don't know that the whales have planned it out all and will dump it as soon as their target is achieved.
While writing this post I just saw a big red candle on BCH charts and I see the Bitcoin is recovering its price. BTC recovered $300 in last 60 minutes which gives me a relief and hope that everything will settle quickly.
I don't like bch either. There's certainly a huge amount of money to be made if you jump in and back out at the right times, but there's a definite pump-and-dump element to it. Having said that, it does have some degree of legitimacy - one reason it's increasing after the s2x cancellation is because it offers the next best alternative to those who wanted the s2x fork. It's just that everyone else is jumping on the train as well. And then add in the difficulty adjustment element which amplifies the whole thing.