Oh come on franky1. It was nothing but a few Bitcoiners having some fun celebrating the anniversary of the genesis block. There is no need to be paranoid, and be suspicious about it.

to the sheep
1. proof of keys is not about "sovereignty" it is about a subtle ruse/story to take funds out of an exchange in the hopes(of trace mayor) that the lack of supply of coins on an exchange will cause a flash price rise. but....
2. day traders that actually day trade will continue to day trade.
3. those that dont day trade and just use exchanges as a custodian, means:
       balance sat in exchange wallets(just for custodial purpose) is not balance sat on market order lines.
       thus are free to withdraw without impacting their normal daily activity,
       thus never impacted the price anyway.

so do not expect huge price movements via trace mayors ruse
i do not think trace mayor will get his hidden agenda of a flash price spike like he intends. as the only people that would withdraw ar the ones that are not actually day traders in the first place

...
what will actually cause more of a price surge. is the mining:market dynamic
new next gen asics are being received and set right now. with hashrates rising. the cost of mining rises.
those playing the "which is cheaper mining:buying coins" will see that buying can be cheaper. thus raising the price when they buy

then asic miners see the price rise that gives them confidence to mine more. which causes more cost of mining. rinse and repeat the dynamic upwards
and the dynamic plays out.


in october last year(3 months ago) the dynamic played out the opposite way.
old gen asics sold dirt cheap made mining cheap so less were buying coin. and more were mining and then selling coin for profit. causing the november down slope. other miners were not as profitable so stopped mining. causing more drama

the mining:market dynamic has always been a thing since 2009, so keep an eye on that as a influencer this month

No, and i think its realy absurd becouse in that situation all centralised exchanges wouldnt be exist at all, i dont think its good idea at all we needt this ,its my opinion.

Imagine that most of them start to download desktop wallets which are free to use, number of users who would lose their coins due fake wallets, malware, transaction to wrong address/chain would probably be significant. This means that the damage would be greater than the potential benefit from this event.

What do you mean? Centralized exchanges make money off your buy/sell offers through the fees they take, not through the bitcoin you deposit.

The damage could be greater but it's unlikely that most of them will lose their coins once it's stored on a wallet where they have their private keys. Better safe than sorry.