The difference today is that about 2 weeks ago, Larry Fink said BTC would go to $700,000. But notice, a few months ago Rich Dad Poor Dad author, Robert T. Kiyosaki, said BTC would go to $350,000 this year sometime. Notice that $700,000 is exactly double $350,000. Was Larry Fink conning us, considering he got BlackRock entirely out of Bitcoin when he said the $700,000 thing?
BTC went up after the announcement, a little, but not even to it's previous all-time high. Then it collapsed to the $96,500 or so, where it is today. Sure, it took a few days for the collapse to happen. But the collapse was easily more than $5k or $6k. BlackRock was holding BTC in an upward climb. But Fink, realizing that Trump was going to mess with BlackRock, collapsed BlackRock out of it.
Now the question is, will BlackRock or someone else pick up the BTC climb? Or is this the demise of BTC? Was Fink spoofing us with his $700,000 prediction, just doubling it from what Robert T. Kiyosaki said? Or does he really see an answer in all this... an answer to make BTC grow?
Note that Fink is probably holding the funds inside a stable coin, and can toss them anywhere in a moment's notice.
BTC went up after the announcement, a little, but not even to it's previous all-time high. Then it collapsed to the $96,500 or so, where it is today. Sure, it took a few days for the collapse to happen. But the collapse was easily more than $5k or $6k. BlackRock was holding BTC in an upward climb. But Fink, realizing that Trump was going to mess with BlackRock, collapsed BlackRock out of it.
Now the question is, will BlackRock or someone else pick up the BTC climb? Or is this the demise of BTC? Was Fink spoofing us with his $700,000 prediction, just doubling it from what Robert T. Kiyosaki said? Or does he really see an answer in all this... an answer to make BTC grow?
Note that Fink is probably holding the funds inside a stable coin, and can toss them anywhere in a moment's notice.