I am a bit confused that they are actually going to release the MtGox coins on the same day that the scam coin (aka ethereum) is going to have its shitshow merge fork? What could go wrong with that?
People are only giving themselves wrong information. There is nothing much special about the merge, or for now than reduction in the power (electricity) usage, but people think that gas fee will reduce which false. People also think that ethereum scalability issue is solved, but which is also not true.
I cereated a toic about this wrong information:
The MergeMisconception: "The Merge will reduce gas fees."
False. The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees.
Misconception: "Transactions will be noticeably faster after The Merge."
False. Though some slight changes exist, transaction speed will mostly remain the same on layer 1.
I think your question is about if the price of ethereum will increases while bitcoin price could decrease? Maybe, because people do not know what the fork is all about, but when the merge was announced like a month ago, Ethereum price increase. I am rhinknsome ooepl may want to use the means to invest in ethereum, but I am still seeing bitcoin to be more, more and more dominant for now irrespective of MtGox coin distribution.