That is a great question... and technically a great observation, technically. :) Personally, I think Bitcoin Cash will continue to trend lower, but who knows, if for whatever reason SegWit doesn't do enough and the market starts thinking that Bitcoin Cash was the correct way to go, perhaps money flows back that direction...
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Agree.. goes up, lower, and moon
After getting hammered to a low of $190 a couple days ago and seeming to settle in around $350-400, I'm starting to think Bitcoin Cash might have a future.
Perhaps newer investors won't see much of a difference between the two and would rather have a full BCC instead of a tenth of Bitcoin. I wouldn't be surprised if BCC rebounds to see it's all-time-highs within the next year.
Or maybe it will just die. Who knows...
Or there is that as well. Ether and Ether Classic seem to be coexisting quite well... It was interesting how the value behind BCC was basically created out of thin air, $5 billion market cap without BTC going down at all... you don't see that very often.
Good point. It basically acted like a dividend for Bitcoin holders.
you should check this article out:
https://steemit.com/bitcoin/@belerophon/the-black-swan-that-could-turn-bitcoin-upside-down