SegWit2X Hardfork - The real story
Jihan and Co. announce that the B2X fork is cancelled. The market starts selling B2X futures immediately and dramatically, while BTC hits an all-time high - all within an hour.
In such a situation, if you are Jihan's mate or concubine, perhaps with an old grudge (such things happen in billionaire circles), what do you start doing? Buy a whole load of B2X futures using your bubbled-up BTC.
Following that, you publically announce that you will progress with B2X regardless of the previous announcement and provide an approximate time - let's say a date of 15th November. What happens to the value of B2X futures? Why don't you go and have a look at HitBTC or Bitfinex right now.
Come November 14th/15th, what does the concubine or mate do? Sell all B2X futures holdings and re-buy some BTC. Maybe even this time diversify with BTC Cash and some alts.
I am not aware of the unknowns (especially not the unknown unknowns), i.e. what happens behind the scenes in between these "announcements"; however there is one thing I do understand from history and finance books - the rich and smart usually end up winning big time, as long as the market lets them.
What I am confident of is that during this mess of "technology upgrade", there will be at least one person who will make $3 billion out of $1 billion. And that person will most likely come from the side that started this NYA fiasco.
If you are interested in further evidence of the above happening, please let me know on this post and I will do my best to dig up evidence and publish what I can find.
Advice: Do not believe what you hear from these big business inner circles. Observe, evaluate, critique and decide on your own what the truth is.
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