Theory (Feel free to check my work)

The US Govt aka Blackrock took out Binance and then made the largest market for crypto (ie US) use Coinbase.

Now they can control price by simply not allowing US citizens to trade when they have "server problems" aka coinbase literally turn off the ability to trade on their platform for a time.

This freaks out the retail market, OTC fills up and Coinbase allows ETF institutions to buy Bitcoin at a lower cost because the price dumps when Coinbase is having technical issues.

Took this set of ideas from Luke Mikic video and British Hodl Twitter post.

#bitcoin #nostr #asknostr #plebchain #trading #manipulation #govt #corruption

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Discussion

Seems like agency bias. Over attribution of happenstance to people or things that have agency over their own actions (whether positive or negative).

Blackrock is the pure evil. I don’t know what they will do, but I’m pretty sure they are up to no good and they will do a lot of evil things.

Interesting.

If you also add on the GBTC probably was only allowed to convert to ETF so other ETFs could drain their funds and not effect price and it makes even more sense. So much manipulation.

There always is. I trust that truth will always shine through the noise.

I agree, just takes a while.... more than a lifetime...