So, the thing we've been trying to avoid for years has actually happened: a contentious hard fork.
What are the ramifications?
Bitcoin Cancer Cell is the single crypto sharing SHA-256 with Bitcoin. Thus, miners are free to transition between the two as is more profitable. If Bitcoin Cancer increases in price, the market will subtract hashrate from Bitcoin and add it to the Cancer.
The Cancer is not only a direct threat to Bitcoin, but ultimately to itself since it is built on faulty fundamentals: The big block vision is one where blocks become so huge that only a few datacenters will be able to operate nodes, leading to a centralization level akin to PayPal and credit cards.
The Cancer comes from within us. It uses the same forums, chats and subreddits.
It is here to destroy.
The only solution? Excision before it metastazises and it's too late: Miners of the majority fork must band together and kill off the minority fork.
Miners banding together to kill the minority fork, I think, aren't gonna happen. There's still so much to see about bcc and it is too early to predict its fate. Though I'm not a fan and I don't own any bcc and not yet planning to have as of this moment. But I think it is not that bad and we can't do anything if investors chose to invest in bcc. But one thing I am sure of, btc will be forever and all my faith goes with btc.