Edited out..
BlackRock is buying a lot of Bitcoin. That makes some people worried. A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws. They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.
BlackRock initial plan is to increase its holdings of Bitcoin and they may be able to predict that its price will move in a wide range in the future. Small investors like us need to follow suit and have our own strategy for accumulation. Instead of showing instability to get themselves into a state of worry BlackRock does not conduct research on the psychological thinking that big holders try to get involved in the market which can affect ordinary investors through large fluctuations but this may be a temporary strategy that may not affect you too much for long-term accumulation. It is easy to guess that the bullish potential is greater than the possibility of a large decline.
Blackrock is selling shares and accumulating BTC on a daily basis in order to back up client claims to the shares that are supposed to be pegged to the BTC price. Even though Blackrock owns the coins they have fiduciary duties to their clients..and those are supposed to be legally enforceable duties, yet a lot of BIG companies are used to engaging in a variety of manipulations of markets and even getting profits over their clients in ways that are sometimes quite questionable, but legally acceptable.. and surely I would not put it past Blackrock to be continuing to manipulate clients and also manipulate bitcoin in whatever ways that they are able to do so and get away with it, including that sometimes they make money by being the BIGGEST player (bully) within various sectors that they can sometimes play off of one another when having such large stakes..
BlackRock is buying a lot of Bitcoin. That makes some people worried. A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws. They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.
I never suggested that people should not be worried about Blackrock. Bitcoin is supposed to be made for attacks, but yeah, you never know - some of these companies are experts on ways to make money in a variety of creative unscrupulous ways, and I am not sure if that means that they are going to throw bitcoin under the bus, even if they were able to throw bitcoin under the bus.
They may not intentionally deprive themselves of the possibility of making a profit and they are trying to do by holding Bitcoin that they may psychologically assume that the current market situation is in their favor and the dips they expect in the future. The big financial companies have unscrupulous specialists who may try to manipulate it but this is to fill their pockets and to push the market price up to the point of increasing. They may not want to lose their capital by throwing it under the wheels of the bus. Therefore Bitcoin accumulators should constantly invest in Bitcoin and not sell their valuable assets (Bitcoin) to holders like BlackRock.