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Topic: BlackRock wants to reduce the price of Bitcoin - page 6. (Read 822 times)

legendary
Activity: 2268
Merit: 2191
Signature Space For Rent
I have doubts regarding the news; it could either be true or false. If you possess any dependable sources, kindly share them. Anyone can openly contribute to the Binance feed without limitations. However, it's worth acknowledging that significant entities like big whales or institutional investors could potentially influence the market to their benefit. Despite the potential harm to current holders, preventing such actions is challenging. It might be wiser to leverage their manipulations to potentially gain from them.
EFS
staff
Activity: 3696
Merit: 2065
Crypto Swap Exchange
Meh, even if that's true I don't care. They want to accumulate more, so am I.
Bring some more cheap coins by manipulating the market. I won't sell, I'll buy. Let's see who will win this fight.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 1218
Merit: 595

The big players are now in crypto, maybe they are right Elon's rumor that he sold his BTC recently I think is just one blow from the big boys. There are a lot of institutions coming into crypto who are also expecting their ET to be approved of course they want prices to be more affordable for them.

I would really believe there is truth to this if they can drag the price below $20,000. But if it goes up instead, its a loss for those who believed.
We should not believe and make decisions based on such unofficial news, like the one who made withdrawals from exchanges and dropped the market more back on August 17 just because they heard unofficial news of Elon's SpaceX selling BTC. In fact, I still think there is no confirmed news or announcement that could confirm that they really sold the BTC. But the point is, whether they have sold or not, why are we acting upon them? We should have faith in the market instead of these manipulators.

I am not denying the fact that these whales and big icons have had an impact on the crypto industry, but at least we have to trust BTC from our side. I am also not denying the fact that many traders, like in margin trading, have to make decisions based on such selling and buying, but those who intend to hold should really not sell. But I think loss and profit are things that happen all the time, and if people start to believe in such things and make trades or existing trades based on unofficial data, then they might really face losses."
legendary
Activity: 2380
Merit: 2369
Would I be surprised if BlackRock are actually trying to manipulate the price? Absolutely no. Do I think they are doing it? It could be. Would they be the first ever to manipulate (or trying to) bitcoin's price? Absolutely no, they won't even be the last. Anyway there are always less and less people selling their bitcoin at these prices, maybe we could go down a couple of thousand dollars more but I think it's extremely unlikely that we can go much further than that.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

The big players are now in crypto, maybe they are right Elon's rumor that he sold his BTC recently I think is just one blow from the big boys. There are a lot of institutions coming into crypto who are also expecting their ET to be approved of course they want prices to be more affordable for them.

I would really believe there is truth to this if they can drag the price below $20,000. But if it goes up instead, its a loss for those who believed.
copper member
Activity: 1428
Merit: 1519
Bitcoin Bottom was at $15.4k
Yes, they love to manipulate the Bitcoin Price. And that's what they want to do, all these companies want to use Bitcoin for their advantage and they don't give a single freak about the people invested in Crypto or Bitcoin. It's all about them at this point. In the end, they can't control the price at all. Keep them trying, don't worry at all. They surely have enough money to manipulate to be very honest.
hero member
Activity: 1232
Merit: 603
When life gets hard BUY Bitcoin!
The original source of this speculation is just trust me bro. Ofc Blackrock and anyone who wants to invest on Bitcoin wants to invest on cheaper price but that doesn’t mean that the price will adjust so that they can make an entry.

This kind of narrative is a wild speculation to backup the hypothesis that the current dump is due to Blackrock trying to bring the price down while the crypto is just experiencing a natural price correction in reality.

Reading online speculation will just make your mind confused about this conspiracy theory that doesn’t have proof supporting it.
hero member
Activity: 868
Merit: 1094
Why believing everything you see online? It is even on a chat on Binance.

Who wants to buy bitcoin at high price? People will prefer to buy bitcoin at a low price and expect the price to increase.

I do not see any manipulation.

That's not good for the crypto industry as big companies always tried hard to manipulate the market and filled there bags up. This threat of manipulation is not only from BR instead many other big giant companies interested in BTC wants to take entry at lowest point.
Where is the manipulation? I do not see anything that I can point to that indicates that Blackrock wants to manipulate bitcoin  price.
sr. member
Activity: 1232
Merit: 475
Instant cryptocurrency exchange with own reserves!
That's not good for the crypto industry as big companies always tried hard to manipulate the market and filled there bags up. This threat of manipulation is not only from BR instead many other big giant companies interested in BTC wants to take entry at lowest point.

The only thing holding BTC back is the trust people have in it. IMHO, such platforms will only face failure once the public having trust in them will see there true face. By true face I mean how they wanted to manipulate the market (if they really wants to).

We should always prepare for the dips and should not act upon these dips and sell in loss. But those who are in future can not prevent from such dips, the only advice I have for those is left the future start doing accumulation as now is the time. Not a financial advice.
legendary
Activity: 2954
Merit: 1159
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
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