But then again, do you think this might back fire on us in the longer term? We all know what these men are all after is to be in control and that's why BTC came into reality cancelling all that making everyone their own Government of their assets.
I don't think there is anybody who can control the bitcoin network or even the market, and that is how it was designed. Regardless of someone's reputation in the crypto space today, there is no way you can control the bitcoin network or even the market, and that is how it was designed. Regardless of someone's reputation in the crypto space today, there is no way you can have control over it, and holder like an investor like other people do, and Blackckrock you are singing about is just a bitcoin holder like other people, so regardless of someone's reputation in the crypto space, I'm not sure if the bitcoin network or even the market can be controlled by another person, and that is how it was designed.
They have enough Bitcoin to manipulate the price to an extent but that does not mean they can control Bitcoin because no one can do that. They can achieve price manipulation by selling a large part of their Bitcoin followed by a tweet about their decision. This will trigger other holders to start panic sell, and they might decide to buy again thereby returning the price to the original price, this is how they will be able to manipulate the price because news is very important in Bitcoin. Many big whales do this in various markets, they are not loyal to anything, just the profits is what they play for.
exactly, they can manipulate because they hodlbitcoin more than what we are thinking, so this is the only thing they can do in the market because the price of bitcoin is all operating on their own, so the only thing I think may give them the mind to manipulate is by giving bad news about bitcoin, and if they invest, people will sell out their invested coins. If they invest, they will sell out their investments during the bear market since they hold large amounts of money to secure their money. So people will believe because they are the only ones, yeah.