I'm confused with current situation, some feds are saying that Bch will take over Btc in 6 months, while some are saying that Btc is king and it will rise again. What do you think, should I sell my Btc and buy Bch or keep my Btc in wallet?
I spend the last few days watching the Bitcoin and Bcash battle live on the markets.
From the last pump and dump starting close to the weekend (you know, a good coup to grab power is often done on the weekend when the other side is away from the desks) till today when trade volume in Bcash started to fall towards zero again.
The trouble for Bcash: for payments, it competes against trust networks such as Visa & Co., where Visa & Co. are better right now. For a store of value, Bitcoin has the higher hashrate network.
So Bcash needs to pull more miners to its camp, paying them more than than Bitcoin is doing. Effectively, paying them more than USD 15.000.000,00 (!) per day (!).
Either in USD (this costs a lot of fiat...) or in BCash. Trouble is: if Bcash pays them in Bcash (around 15.000 BCash per day) miners will rush to convert these Bcash sums to Bitcoin (if they believe in the system) or in fiat (if the crypto market tanks).
Conclusion: Bcash came close to "flipping" by various metrics, but they probably did not have enough firepower to turn over the market.
I sold my Bcash after the pump when it became clear BCash can't grab the hashrate from Bitcoin and happy hodl my Bitcoins now.