#nostr #bitcoin #blackrock #coinbase 
Discussion
The rumor implies that instead of actually buying and holding real Bitcoin, BlackRock is just getting these IOUs, which could artificially increase the supply of Bitcoin on Coinbase without real demand.
What would be their incentive to do so? Do they not have the BTC?
Can't wait for coinbase to blow up from being naked short BTC
I would say almost definitely
Source?
Rumors (a good amount of them) but I have not personally seen yet.
What’s the point of suppressing the price if they just have to blow off the top later when they actually buy bitcoin? I mean this repetition of the past is getting tedious. Seems like a silly move. Why would black rock want to suppress the price anyway? They aren’t footing the bill their customers are doing the buying and would love to see ngu
Blackrock is extremely smart. I do not have the answer. I just remain diligent.
I try to watch and see as much as I can.. filtering in and out. But always watching.
Seems like a lot of rumors. I am unsure if accurate. I will day that coinbase has ripped me off a long time ago. I would not trust them for anything.
“I will say” *
Bubble will explode soon. They can't do it forever.
Feels right
Blackrock is clearly doing something different with their ETF. They go days without any reported purchases/sells and they rarely have dump days. Would love to have a smoking gun here for proof though.