Topic: BlackRock wants to reduce the price of Bitcoin - page 5. (Read 818 times)
There isn't really any sustainable method where you can accumulate more while dropping the price. I mean you can sell your coins to drop it, but also if you want to accumulate more then you are not willing to sell it. You could maybe end up making up some fake news, to drop it, but then it will not go down a lot, its not going to be sustainable. This is why I believe that we are not going to end up with anything that would make sense, its going to end up not being a smart choice. Just realize that its going to be a tough situation and you are going to end up being a little bit troublesome, it will not be good for Blackrock to do this. Just accumulate, keep doing that and they will be fine.
It is only temporary that these big whales and big institutions can manipulate the market and not for long. If Blackrock comes up with a strategy to manipulate the market to that the price of bitcoin dips,so that they can buy as many bitcoin as they can afford at a cheaper price. It means that those investors that panics and sell off their coins are the fools.
If the price dips and most investors use that as an opportunity to accumulate more bitcoin, it means that this big companies are doing a lot good to investors to also accumulate to their bitcoin portfolio. This shows that everybody that is buying during the dips based on manipulation of the price will also benefit from their actions. But to me I don't see it as a manipulation yet because the price hasn't gone down below a price that I can call manipulation
If the price dips and most investors use that as an opportunity to accumulate more bitcoin, it means that this big companies are doing a lot good to investors to also accumulate to their bitcoin portfolio. This shows that everybody that is buying during the dips based on manipulation of the price will also benefit from their actions. But to me I don't see it as a manipulation yet because the price hasn't gone down below a price that I can call manipulation
There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.
This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
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https://www.binance.com/en/feed/post/1026075
What would you expect?This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
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https://www.binance.com/en/feed/post/1026075
Its always been like this or its really not that shocking anymore in speaking about these big companies or institutions would be always be liking on entering on the cheapest price as possible.Therefore, they wouldn't really be
that so dumb that they would be liking to enter on prices which are really that halfway of its all time high but rather they would be liking for it to be more lower which driving out the market to the bottom?
You wont really be making yourself get worried if you are really just that trying out to ride with the waves. Dont try to counter it or else you would really be definitely be experiencing those losses.
Always have in mind about that DCA as much as possible specially if the market tends to dip down further knowing that this isnt something that you could really be able to predict.
This is why its really important to have that funds which is really that allocated for such market condition or situation.
I don't know if this news is really true or if it is just a rumour.
Neither!
For the first part is pure garbage for the second one is 100% copium!
Let's get over the part on how on earth is Blackrock managing to suppress the price only to raise it after for...what? We're talking about a fund in trillions that is risking its reputation for ...what?
Now, the real stuff, if they are hurting the Bitcoin price, they would hurt their own investments:
https://finbold.com/blackrock-is-a-major-shareholder-in-4-of-the-5-largest-bitcoin-miners/
They have a 400 million exposure on just 4 mining companies, already mining is barely profitable, some are quite deep in trouble , and bringing the price even closer to 20k might mean bankruptcy for them, so why risk it? Just to make sure some understand the figures, they have 6 times more money invested in just a few companies out of many than all the money Salvador has put in Bitcoin!
But forget mining, Blackrock holds :
Quote
BlackRock reported that it held 6.71 million shares of MicroStrategy as of June 30, 2023, which gives it a 15.2% stake in the company. According to MicroStrategy’s latest quarterly report, the firm had 151,079 Bitcoin as of June 30, 2023, valued at $7.1 billion.
Do you people realize how much Blackrock would hurt itself if it would bring down the price to a level where those companies might get in trouble?
You don't run trillions in funds and shares with shitcoin strategies!
Haven't you guys been bored already with speculation? It's impressive to me that the most active topic, in all epochs, be it bear or bull, is speculation. "BlackRock wants to reduce the price of Bitcoin", it reminds me of the title from the news, trying to catch the eye.
Here's something non-speculative: we have absolutely no fucking clue what's BlackRock's business with bitcoin, if there is any in the first place. It wouldn't surprise me if there is none, and we've associated them with bitcoin because of Twitter accounts trying to get attention.
Here's something non-speculative: we have absolutely no fucking clue what's BlackRock's business with bitcoin, if there is any in the first place. It wouldn't surprise me if there is none, and we've associated them with bitcoin because of Twitter accounts trying to get attention.
There have been rumours
“The biggest liar in the world is They Say.” ― Douglas Malloch 
Blackrock is the largest asset manager in the world with over $8,000,000,000,000 worth
under management and while they might be able to manipulate the market my thoughts
are that if it happens everyone will benefit, as someone above said "who wants to buy
expensive Bitcoin?" and I'm not in any hurray to sell all of my Bitcoin in the short term so
I'm guessing if Blackrock want to buy up any surplus Bitcoin in the short term the
supply v demant will kick in.
under management and while they might be able to manipulate the market my thoughts
are that if it happens everyone will benefit, as someone above said "who wants to buy
expensive Bitcoin?" and I'm not in any hurray to sell all of my Bitcoin in the short term so
I'm guessing if Blackrock want to buy up any surplus Bitcoin in the short term the
supply v demant will kick in.
There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.
This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
snip
https://www.binance.com/en/feed/post/1026075
blackrock is dreaming of being able to manipulate bitcoin prices LOLThis is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
snip
https://www.binance.com/en/feed/post/1026075
although it is still quite vulnerable to price manipulation but for company like blackrock i can't find a trick that works for them to be able to manipulate bitcoin prices, they don't have that much money to drive bitcoin prices and also they can't get into the minds of many bitcoin investors to sell everything bitcoin assets that they have so that prices are manipulated.
bitcoin has always been a decentralized asset, its creator uses a pseudonym, its number will always be 21 million, and has a strong support community which not afraid of intervention... the things above alone are a strong foundation for the price of bitcoin cannot be manipulated by anyone including blackcrock.
There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.
This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
https://www.binance.com/en/feed/post/1026075
This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
https://www.binance.com/en/feed/post/1026075
Well that's kind of funny I mean a lot of companies are already investing in Bitcoin actually but they are going to need to be huge in order to manipulate the market, We all accumulate Bitcoin here, buying Bitcoin every time in order to get profit in the coming Bullrun or invest for long term so buying Bitcoin would just increase the market price of Bitcoin even though they sell it I dont think it would make a huge impact, If people or investors are going to sell as well or get manipulated when the market price drop they just dont deserve the profit reward in the Bullrun. The market surely is a big risk for a lot of investors so this kind of manipulation is just nothing for real diamond hands investors.
Also, this news doesnt have any legitimate source so I dont really think it's true but I guess people just need to read articles so that they can make decisions, I mean there are a lot of cases of fake news online but as long as a lot of investors see that news there might be a or it could affect the market.
Where is the manipulation? I do not see anything that I can point to that indicates that Blackrock wants to manipulate bitcoin price.
Where did I say BlackRock only is trying to manipulate the market. Instead I said big Companies (plural--> indicated more than one companies more than once entities). Even I clarify that in the post and you could see that in the quoted post too. I think an extra glance should be given before bashing someone out or easy targets. legendary
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There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.
This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
Giving the kind of world we live in , this possibly can be true, I mean who wouldnt want to buy Bitcoins are cheaper rates today, and then watch it do x20,000 or more the next day and going forward ? That is the natural greed In us as humans.This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.
Like for example, If I myself had the power to return Bitcoin back to $3 , I would do it and buy as much Bitcoin as possible, then use the same power to take Bitcoin to $400,000 and above, when it is all about business, I tell you that no body wants to make any type of loss, we all want to profit, as much as possible, and those who have the power will use it to maximize this profit ..
Blackrock might have such plans to crash the price of Bitcoin so they could buy at a cheaper rates, but this can only work if the market gives them the chance, if the market gives them no chance for such manipulation, then they will have just two choices ,either to buy at this current price, which to me is still relatives cheap for the rich, or forget about buying Bitcoin, and Bitcoin will still grow with or without them .
Yeah, I've seen it on Twitter already. It's all rumors, but sounds kinda legit. I mean, that's possible and I guess that's something that you would do if you can, and they definitely can. The only problem is that we can't do anything about that. besides buying BTC while it's cheaper which is nice.
I am suspecting that the bigger boys (big companies) in the cryptocurrency world are in competition to acquire more bitcoin to their firms and manipulate the market to the direction they like. Those who are not rich to buy more to their portfolio suffered more to the hands of the few whales. If Blackrock decided to buy more bitcoin when the price goes down then the recent price drop is good for them to buy. Now the halving is very close again so they can also wait for the halving to acquire the unit they want. And if they are planning to make the market crash before buying, some of the investors will be afraid and traders will be scared because they might loss when it drop. So that might make them to steer clear from the market now.
Rumors are just that : rumors. Although its quite feasible that powerful financial institutions may try to sway the market, Bitcoin's decentralized structure provides the biggest barrier to such actions.
Sure, it may appear opportunistic and perhaps a little self-serving if BlackRock or any other institution tries to profit from Bitcoin by briefly driving the price down. But lets consider this from the perspective of an economist: its a signal. a sign that they believe Bitcoin may one day be valuable. And isnt it sort of a compliment to the crypto community in some ways?
The bottom line: Pay attention to the wider picture rather than getting sucked by rumor. Although the road ahead may be difficult, the community's tenacity will carry Bitcoin through its mission to democratize finance.
Sure, it may appear opportunistic and perhaps a little self-serving if BlackRock or any other institution tries to profit from Bitcoin by briefly driving the price down. But lets consider this from the perspective of an economist: its a signal. a sign that they believe Bitcoin may one day be valuable. And isnt it sort of a compliment to the crypto community in some ways?
The bottom line: Pay attention to the wider picture rather than getting sucked by rumor. Although the road ahead may be difficult, the community's tenacity will carry Bitcoin through its mission to democratize finance.
I don’t know if I’d blame Blackrock solely for this recent drop in price. It makes sense that big players would want the price to drop though. Knowing that a ton of BTC from mtgox will be sold at any price as soon as customers get their hands on it, the logical thing is to get the price as low as possible to advantage of that coming scenario.
Is there any tentative date for this event to take place? The better solution would have been to give an equivalent worth of fiat money to the mtgox victims because at that time the bitcoin price was very very low and if this mtgox haven't happened, they would have sold all their bitcoin long before. Getting those bitcoin now is like those victims are being giving a lottery or something.
There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.
You don't need news, rumor to know that whales and market manipulators will do their games to get as cheapest price as possible for their accumulation.Need example, you can take the market crash in March 2020 when it was very close to the Bitcoin halving in May 2020 but unfortunately price crashed a lot. Many people surprised and lost money if they use leverages, got forced liquidations. In contrast, whales accumulated cheap bitcoins.
Let's suppose it is not a rumour, even then it is good that the price comes down so you and me can buy more bitcoins. It is not like the bitcoin price will come down and never go up again. The dump will be temporary and we should have a plan to take full advantage of it. Since we do not know the exact bottom, keep on DCA on every support of Bitcoin.
There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.
You don't need news, rumor to know that whales and market manipulators will do their games to get as cheapest price as possible for their accumulation.Need example, you can take the market crash in March 2020 when it was very close to the Bitcoin halving in May 2020 but unfortunately price crashed a lot. Many people surprised and lost money if they use leverages, got forced liquidations. In contrast, whales accumulated cheap bitcoins.
I wonder what kind of tactics they may try to push forward to manipulate the market. If this news are true then I would not surprised if during the beginning of the new year we started to see more news about advances within the field of quantum computers and their incoming threat to Bitcoin, they may try another campaign to spread FUD using the energy consumption of the network, as it has happened before.
They may try anything to scare the average trader into selling their satoshis and trigger stop losses.
In the end, it does not matter for long term holders, if anything this may become a new opportunity to accumulate some satoshis at lower price before the halving. Let us see what they got.
They may try anything to scare the average trader into selling their satoshis and trigger stop losses.
In the end, it does not matter for long term holders, if anything this may become a new opportunity to accumulate some satoshis at lower price before the halving. Let us see what they got.
I don't really follow or believe that the market is heavily controlled by these large companies.
They can't control the market but they can heavily affect huge part of it once they sold their holdings and/or buy.How true the rumor is? How they can crash the market if they never sell, and how they can sell if they never bought. Only FUD and FOMO can affect most traders to sell or even buy in panic where market is going up or down suddenly in huge lap.
I don't really follow or believe that the market is heavily controlled by these large companies.
Hearing about large companies attempting to influence the market strengthens my belief that there is something they are truly after in the market. Because they own the majority of the coins in circulation, crypto whales have the ability to manipulate the market. I'm just amazed that this information is being made public. If none of this was intended, there would be no rumour of it. But I continue to feel that this is just another speculation that can and cannot be real. Let us wait and see what the market translates to for us in the next months.
Hearing about large companies attempting to influence the market strengthens my belief that there is something they are truly after in the market. Because they own the majority of the coins in circulation, crypto whales have the ability to manipulate the market. I'm just amazed that this information is being made public. If none of this was intended, there would be no rumour of it. But I continue to feel that this is just another speculation that can and cannot be real. Let us wait and see what the market translates to for us in the next months.
There is much news about Blackrock these days and one that almost confirms what you just narrated, OP, is that it is now the 2nd largest shareholder in 4 biggest Bitcoin mining firms.
I just got the signal from my social media platform and although I don't know how legit the information is, it sure means that we would be experiencing some movement in the crypto market, mostly as it concerns BTC investments and trading.
I just got the signal from my social media platform and although I don't know how legit the information is, it sure means that we would be experiencing some movement in the crypto market, mostly as it concerns BTC investments and trading.
If I were BlackRock I'd spread such rumours, too. That's the cheaper way trying to manipulate the market because there are far too many people who take such news/gossip/rumours for granted, regardless of the sources. Personal search bubbles and echo chambers do the rest. Some weak hands might loose their nerves (and coins in the end), but that's likely not enough momentum to produce a significant shift of the market for such players like BlackRock.
Or what do you think they could use as toolset to achieve what this gossip is about?
Or what do you think they could use as toolset to achieve what this gossip is about?
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