The dump we've seen now is most likely the "BTSX should be bitcoin" crowd dumping in reaction to the announcement of share dilution. As someone with a significat amount of BTSX who've lost quite a bit so far, I'll say that this is probably the bottom, unless there are inflation-scared investors left who simply havent seen the announcement yet, I think the rest of us understand that BTSX/BTS will be strengthened overall in the long term.
I agree .. also count in that some/many chineses investors might have interpreted the OP as ANNOUCEMENT which it is NOT (as you also falsely state) ..
It's a "read-for-comment", "proposal", "open-for-discussion" .. or maybe even "hey investors, we need you advice" .. kind of post!
nothing was decided ... and BM will for sure not decide such changes on it's own ..
that's what I learned reading this forum on a regular basis for almost a year now!