Quote from: Harpaggie2001 on January 05, 2024, 06:19:41 PM

Is there a general consensus on how much volume it takes to move the BTC market price?
Is the SEC not worried about market manipulation?
Is there a legal framework in place to deter / reprimand BTC manipulation? - I realize this could only apply to US patrons.

My theory was that BTC was too susceptible to manipulation to issue an ETF yet. Apparently I'm wrong, which is understandable, because I make beer for a living...

Any friendly opinions welcome!

The bitcoin market is hard to control; why do you think each bitcoin is cheap? And for you to manipulate the market, do you think that 100 bitcoins is all you need to be part of the so-called whale investors?

What do you want to emphasize on the topic of this op?

How did you say that Blackrock is not that valuable? And for you, it's only ranked as the 118th most valuable company in the world? Do you think it's easy to be included in that ranking achieved by Blackrock? I'm not defending Blackrock; I don't really care about that.

Quote from: moneystery on Today at 04:25:22 PM

Quote from: highalch on Today at 07:50:26 AM

Since Blackrock is a 10 trillion dollar company, they technically are able to manipulate every market in the world.

....

you are wrong, blackrock is not that valuable, they are only ranked 118th most valuable company by market cap. the $9.42 trillion you mean is probably assets under their management, in management it means they manage these assets but do not have full rights to them.

while bitcoin's market capitalization is around 864.23b and is predicted to increase, and that is many times compared to blackrock's valuation. so for them to be able to manipulate the bitcoin market would be very difficult because they would need to mobilize a lot of resources just to move the market which could actually harm their company.

If Blackrock is not that valuable, why is it included in the most valuable company in the world? Do you think it's that easy to get Blackrock ranked as one of the most valuable company? You don't seem to understand what you are saying. Sorry, but I'm just correcting what you're saying. Do you think that Blackrock can't be considered one of the potential whale investors? Let's say out of the 9.4 trillion dollars in Blackrock's total assets, 1 trillion of that will be allocated to Bitcoin. Do you think that's a small amount?