Post
Topic
Board Bitcoin Discussion
Re: Estranged Core Developer Gavin Andresen Finally Makes Sensible 2MB BIP Proposal!
by
Quickseller
on 29/01/2016, 01:53:14 UTC
The market loves it!!  Shocked Shocked
It is because of the uncertainty behind the future of Bitcoin.

If the core devs were not so against any kind of increase in the max block size then the market would react differently. When the first block that "voted" for XT was mined someone sold 20k BTC on bitfinex (likely because of the uncertainty)

Speculation: More and more Core devs will start to cash out if BIP 102 takes off.
That is possible. However if BIP 102 takes off then it would be clear evidence that Bitcoin is on track to be successful over the long term.