So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:
Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000
Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000
On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?
Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.
To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?
From a technical perspective, Bitcoin Cash is a continuation of the Bitcoin project which aims to build a P2P digital currency. Bitcoin Cash separates itself from the Bitcoin blockchain ledger to implement consensus rules that allow this new technology to grow and scale.
Although the market price of Bitcoin has increased, however, its growth and use as a currency have stagnated. on this basis Bitcoin Cash created.
But I think both are good coins and have their own advantages and disadvantages. But if you have to choose a long-term investment,
I suggest you buy BTC because bitcoin is a coin that is in great demand by many investors so the potential for the future is very good.
If you choose BCH, this is also not a bad choice because Bitcoin Cash is a very good altcoin for the future.