Re: 2013-12-11 Entrepreneur:Wall Street Will Put 'Hundreds of Millions' Into Bitcoin

I suppose the price will definitely be manilpulated, but what will the price be? Will it be manipulated from $10,000 down to $8,000 or $100,000 to $75,000? I think those of us that have invested now won't really care too much then.

Unless they manipulate it to $100.. or $10... or $1

Why in the world would they want to do that? If the price was manipulated that low then everyone would lose their trust in BTC. Do people on Wall Street really want to see the market totally crash? Sure they want to manipulate it a bit to make some profits but in reality they would never want to cause it to crash to those levels.

no, it will depend on what they think they can achieve. Bitccoin has a fragile demand, they will shake the tree with a lot of strenght, big crashes and volatility coming. That should deifnitely retard the adoption.

They will do things only if they can make the company money and can get a bonus at the end of the year or trade in their own account. It can be done, if they short Bitcoins, but then they need a counter party to borrow Bitcoins from.