No, it resolves uncertainty and lets the community move forward in a unified way. It also shows Bitcoin's resilience in the face of committed minorities who would try to take over its governance. In short, Bitcoin survived a coup d'état, achieving total victory over a rebellious group of powerful actors (CEOs mainly).
I checked coinbase expected exactly that, thinking "oh man, I'm glad I didn't sell my eth a month ago to buy into bc trying to capture free altcoins like others did and like I considered doing, it'll be down like 10% at least" but it... shot up about 10% instead. I don't get it.
Having too many forks makes it confusing for newcomers (and even hedge funds). So naturally avoiding a fork and keeping the community together is good for Bitcoin, which made the price go up.
on wex it went up as high as $7900 and as low as $7000 so it is still very volatile, I would expect more of a sell off as people who bought in hoping to capitalise on a fork now exit their position but this may also mean more risk averse investors will buy in now that there is no contentious fork due. so, as usual with bitcoin, no one knows what the hell is going to happen
Wouldn't you expect alts to do well in this situation, since it's essentially the yang to the yin of moving from alts into Bitcoin in fork anticipation?