If Kore's 1xBTC fork dies in a death spiral, which really could happen due to sudden hashrate loss and/or an attack from miners, this will cause a major loss of confidence in BTC as a store of value. Sure, people can say "Oh, BTC is 2x now, we knew it all along.", but what about those who lost funds being on the wrong side of history clinging to their 1x coins? Those will be practically worthless!
Personally, I started losing confidence in BTC 2 years ago when it became clear that the scaling wouldn't ever get done. That's what created the whole market for alts IMHO. And that's why BCH has tremendous potential to pick up where BTC left off - with 8x the transaction capacity with 4000x lower fees.
Of course all the Kore minions will be emotional. But what choice will they have? Follow the longest chain supported by the most hashpower, or be left behind.
in that scenario i would consider any coin that was descended from bitcoin a failure and would never have anything to do with any of them again.
it doesn't matter what the lead coin is, the same politics and people would infect it and the process would start over and each time it would get weaker.
better to wash our hands of bitcoin, take the lessons it taught us and move on.
Isn't every coin descended from bitcoin? I only know of a few: NXT, NMC, XMR that have a codebase written from scratch. And I can't imagine anyone walking away from their millions in investment.
Getting away from the toxic people is not that hard. Except in the case of the remaining BTC Kore team. They're persistent buggers. Garzik seems like a massive sellout as well. I really don't have a good outlook on the upcoming 2x fork sh!tshow. Pretty surprising to see BTC soar to almost 6k right now!
Good to see BCH price show a little go-fast. Is it just me, or has the old meme of "blame the Chinese" become "blame the South Koreans"?