All the value could go to bitcoin cash... I think this is why alt-coins are so volatile. Everyone is fleeing the coin they perceive to be failing for the one they perceive to be rising. Bitcoin isn’t necessarily different. But it is the first mover, and it actually works well, so it gets a large serving of memetic stickiness. Its open pseudoanonymity places it nicely in the current political landscape to be tolerable for those who like state power in ways that monero will never be. That gives it broader appeal. And it’s invention of a truly demand inelastic supply is almost a self fulfilling prophecy in that anyone who jumps ship must accept that they have given up on the possibility of a truly finite asset.