/biz/ - Business & Finance

>>14044418
>a tranny larping

unironically likely

[] virgin
[] chainlink bagholder
[] autist
[] fat
[] "gamer"
[] tranny
[] jannie

>>2852920

i dont see why it would moon as a result of it becoming official. news events in trading involve trying to buy as early as possible ahead of everyone and ahead of the official outcome for the latecomers who waited ("buy the rumor, sell the news"). when it's like a 99% likelihood at this point, there's little chance something's going to go wrong at the last second, so everybody's already piled it, waiting for the top to sell off for maximum profit.

to look at it the other way is like...for people who were planning to put large amounts of money into bitcoin, why wait until after segwit is made official, at a price $900+ higher, just to get that extra 1% of confidence? if segwit being locked in was more like a coin toss with a 50% chance, determined based on one event, people wouldn't be nearly as confident and they'd be waiting on the sidelines, and the declaration of yes vs. no would be choatic, like what happened the day the Winklevoss twins got their SEC response about the bitcoin etf. that was nuts, everybody was on the edge of their seats because nobody really had any idea what was going to happen, and the price went absolutely crazy in the hours leading up to the decision, then dropped off a cliff mere seconds after it was announced, then recovered a ton in the following day or so.