Quote from: Baofeng on December 03, 2020, 09:36:47 PM

Here's the link:

https[Suspicious link removed]s-in-2021

I thought that bitcoin has been manipulated by big whales already? Not the first time that we have heard Wall Street involving themselves in crypto. I agree that there are a lot of pros/cons about it, but let's see how it pan out. People are predicting that we are going to see $50k or even 6 digit figures in the next coming years. So probably this is one case why and how we can achieved that. Wall Street money going into crypto sphere.

I feel deep down this is going to be positive and negative. The positive are going to be more exposure to cryptocurrency and more "average" investors are going to participate (I hate using the term retail investor). This is going to allow people that are lazy and don't want to learn about the true purpose of cryptocurrency to call their broker and say hey, buy some of that ETF, or just do it on their own.

The true theory behind whether this will increase BTC manipulation will depend on the answer to the following question: Is this going to be an optionable ETF. If the answer is no, then there could be manipulation but it will be longer term manipulation. If the answer is yes, KD bar the damn door. Crypto investors that don't play heavily in the stock market, bond market, or strictly option market; haven't seen manipulation yet.

From what I'm hearing, nothing confirmed, this will turn into an optionable ETF. If it does, hang on for the ride because it is going to be crazy. People think BTC dropping 5% in day is crazy, wait until they start seeing 30-40% moves in hours because of the options.