Coincidentally, almost
immediately after the release of Bitmain's blog post which the vast majority of the community accepted as a
hard fork threat to Segwit supporters, bitcoin price fell amidst uncertainty surrounding chain split.
Immediately after Ethereum's co-founder, Vitalik Buterin proposed the introduction of the
hard fork on the coin's supply at approximately 120 million, Piper Merriam, a developer advocated that the
hard fork should be introduced to demonstrate an effort to resist ASIC based mining.