The reason why the price is going down is because we don't like the BU threat that will give the power over the blocksize to just 5 mining pool operators (or effectively 1 ASIC manufacturer.) I like bitcoin for it's decentralization properties, not because I trust Jihan Wu so much. I will never accept the idiotic idea called "emergent consensus."
Big blocks are great. I definitely want to see safely planned blocksize increase after Segwit. And if it won't be merged in the beginning in Bitcoin Core, I will just support another client, but emergent consensus is still a joke and Segwit is still the obvious way forward.
Others have said this before, and I think it is worth saying again. The support that BU is getting is not because the ideas behind BU are so great, it is because of the strong opposition to Core and SW.
I don't believe there are any SW features that are *
needed* today/now, but are rather features that might be nice to have in the future. Larger blocks on the other hand is something that Bitcoin has needed for years now. I don't see a reason why SW should get implemented prior to larger blocks, especially after what happened with the HK agreement.
Exactly.