More BTC moved into cold storage or just transferred from big holders via the OTC market without disrupting the exchange price.
The hedge funds that are getting involved now are not IMO doing it to manipulate BTC, they are saying to themselves and their clients 'Hey, this has the potential to explode, we could do a lot worse than having some.'
That said, they do have an incentive to keep buying small amounts to support their investements, but I cannot see them wanting to crash the market at this point. I believe that is paranoia. Those HFs that are buying in now are ahead of the curve ... why risk losing that carefully created position by messing about.
So in short, they are already amongst us and the impact is only price positive.
Topic: What happens when Hedge Fund managers get involved? - page 2. (Read 2369 times)
Off-exchange buys are even better. They create delayed, more steady price growth.
I think hedge funds are already investing in Bitcoin.
The thing is that the market depth on exchanges is very shallow. So hedge fund investing is not going to happen on the exchanges - not unless/until the exchanges get A LOT more depth. Which means that at least US 1 exchange would have to be approved and regulated as an exchange in all 50 states, which a couple of exchanges are working on, but something that will probably take the next 6-12 months.
Meanwhile hedge fund investors will probably buy through private sales. When the ETF comes online, they will probably buy some on their too.
But I do not see the price going up exponentially because of hedge funds sending money to current exchanges. It would be nice if they did, and the price could be 10k+ in a few months. But that just is not going to happen.
The thing is that the market depth on exchanges is very shallow. So hedge fund investing is not going to happen on the exchanges - not unless/until the exchanges get A LOT more depth. Which means that at least US 1 exchange would have to be approved and regulated as an exchange in all 50 states, which a couple of exchanges are working on, but something that will probably take the next 6-12 months.
Meanwhile hedge fund investors will probably buy through private sales. When the ETF comes online, they will probably buy some on their too.
But I do not see the price going up exponentially because of hedge funds sending money to current exchanges. It would be nice if they did, and the price could be 10k+ in a few months. But that just is not going to happen.
Does that open the floodgates for manipulation? Naked short selling, etc?
In an unregulated market, unscrupulous players don't have a government to bail them out every time they fuck up ;-)
Prepare to see some big boys get burned bad.
(Unless they're smart and realize their usual shenanigans will bite them in the butt)
Where bitcoin is now is where the internet was in the early 1990s. We are still early adopters. Let the fun begin. If there is mass adoptions, in ~10 years eveyone who is holding > 10 bitcoins today will be millionaires.
zomg next stop $100m 
Manipulation?
Of course!
How would it affect BTC ?
Who Knows !
But Hey , Even the all mightY Dollar is Manipulated
So.....
BTC is not a Company not even PinkSheet/OTC nor a precious Commodity
Its here to stay...
And THEY know this ...
It will Lift it to a New level for sure , but not for the worse...
Stay tuned
Of course!
How would it affect BTC ?
Who Knows !
But Hey , Even the all mightY Dollar is Manipulated
So.....
BTC is not a Company not even PinkSheet/OTC nor a precious Commodity
Its here to stay...
And THEY know this ...
It will Lift it to a New level for sure , but not for the worse...
Stay tuned
Does that open the floodgates for manipulation? Naked short selling, etc?
It means we have on the order of $100B to $1T going in bitcoin which is 10,000x to 100,000x the current order of around $10M the twins and BIT are able to invest.
I should have pre-faced that I'm only interested in short-term analysis.
I'd like a bit more conversation than "zomg next stop $1m". Global adoption is small enough for a few wealthy people to manipulate for some time to come yet. And this tool will be used by the media to scare people away.
Does that open the floodgates for manipulation? Naked short selling, etc?
It means we have on the order of $100B to $1T going in bitcoin which is 10,000x to 100,000x the current order of around $10M the twins and BIT are able to invest.
The markets would be flooded, regulation would be rife but the price will most likely go up.
Does that open the floodgates for manipulation? Naked short selling, etc?
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