The point of the BTC/BCH split was an engineering upgrade to make the BTC technology more efficient. So from a technology standpoint, the market cap grows when the new technology is applied. Just like windows or apple system/software upgrades that create better technology, upgrades grow the market cap of those companies. If you are looking at BTC/BCH as purely a stock split then it does not make sense. If you look at it as an upgrade in technology then it should grow because of new interest and a higher valuation from the new technology added.
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Good point. It will be interesting to see if it really is an upgrade or not, the market will tell us over the coming years...
True. Expectations are currently positive. Another split down the road trying to game the market and not tied to an advance in technology could be detrimental and market expectations would likely reflect that.
meep
meh
meep