Nostr Web Client

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

n0>1 1y ago

Interesting.

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Discussion

vincenzzo 1y ago

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.

n0>1 1y ago

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

vincenzzo 1y ago

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