Hello,
Looking at graphs from fork.lol (
https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.
So... I start wondering if this will be the end of bitcoin as we know it?
I don't think bitcoin is going anywhere . Bitcoin is certainly not dying . Even though many miners tended to go towards bitcoin cash , but i heard they are moving theri focus towards bitcoin again as the price drop is not happening for bitcoin . Whereas bitcoin cash is already loosing its value every day , I checked that bitcoin cash is down by -19.56% today approximately equal to $1.05k . Bitcoin on the other hand has already regained its previous all time value of $7.5k.