Bitcoin Forum

I mean, we have also become so dependent on such news which no doubt really matters...

Or it was some kind of glitch, I mean that's so wrong to play with the market sentiments, they should know their responsibilities and should take care of all the outcomes too.

"JPMorgan fined $1.26 billion for manipulating precious metals" - https://www.straitstimes.com/business/banking/jpmorgan-fined-126-billion-for-manipulating-precious-metals-treasury-market

"JPMorgan slammed with $920m penalty" - https://www.aljazeera.com/economy/2020/9/29/bbjpmorgan-admits-spoofing-by-15-traders-2-desks-in-record-deal

"EU Fines Banks For Manipulating Currency Prices" - https://www.pymnts.com/news/regulation/2019/european-union-bank-fines-currency-manipulation/

"Deutsche Bank to Pay Over $130 Million to Settle Charges" - https://news.bloomberglaw.com/white-collar-and-criminal-law/deutsche-bank-reaches-100-million-deal-to-settle-u-s-charges

"Deutsche Bank Fine for Silver Market Manipulation" - https://www.swissbullion.eu/en/posts/deutsche-bank-fined-for-market-manipulation

Thats after 5 min research in google. I could find 5x more examples of manipulations using banks in next 20 min, internet is full of that, frauds of banks and regulated brokers that "operates in a legal regime and all its activities are regulated by law". And its always the same way. Banks don't fight those penalties. Each time someone catches their little deceptive hands they say "ok, we will pay". You want to know why? Because if they would try to argue someone will check them better and another even bigger muck will show up. They pay fine and continue the manipulation because they earn 10x more from manipulation than they pay in fines for fraud.

Or it was some kind of glitch, I mean that's so wrong to play with the market sentiments, they should know their responsibilities and should take care of all the outcomes too. I mean, we have also become so dependent on such news which no doubt really matters, but we can see the stats, when it got listed their BTC volume increased and when it was delisted, BTC volume started to decrease within 2 hours.

You are right, they should take full responsibility for their acts,

If the ticker is still listed then, it is good for the overall market, because the chances of ETF approval are high.

But what must have caused the delisting of the ticker? Overall, you guys can check for yourself too.

The whole thing looks like a plan to manipulate the price of Bitcoin because I don't see why they would announce the listing of IBTC on Depository Trust and Clearing Corporation (DTCC), only to delist it and enlist it again. It was reported yesterday that it has been delisted, though I didn't bother to check but most crypto platforms reported about it and with screenshots. Well, whatever they do with their fake Bitcoin is not something I would lose my sleep over, I just have to keep holding unto the real deal.

That's so strange, I was not expecting such an act from them, they are well-reputed and a big governmental branch, and they do not even own any BTC they are manipulating the market to make some profit out of it. They did wrong by manipulating the market. Well, thanks for providing this news, because I was also wondering why the market is going up and it is going to cross $35k. I also observed the volume and that's because, when the ticker was listed, people got to know about this news and they were aware of the potential of the approval of the ETF of Blackrock. So, they acted upon it and started to take entries.

You can even see, that many newbies started the topic here sharing their stories of how they buy BTC and going to buy more. This indicates, that when the price goes up, newbies tend to invest more or start to get the idea of investing.

And when the ticker was removed, the volume decreased, because people started to book the profit. But this news is still bullish and that is why BTC is gaining price. I think those who knew the true face of the DTCC now might not trust them anymore and will avoid any news from them too.

I don’t think that pump was related to the dtcc listing. It was just a coincidence. The link was being circled hours before bitcoin actually started to pump. And DTCC claims it was there since Aug 2023.

Some large player bought and people afterwards were looking for a reason to explain the pump. And they saw it being retweeted on twitter and assumed it was that reason.

if people are emotionally triggered to make gambles based on weak/sided information. they need to challenge their emotions..

I think sooner or later IBTC will be officially accepted, we just don't know when the time is.

Actually people like to take advantage over rumors which come from internal because when the rumor become an official news, they will make good amount of money. If they're emotional because the rumor is fake, that's the risk.

~snip~
Then there will be tens of trillions of dollars pouring into the market and we will witness a crazy price increase. But when that will be announced, no one knows, but the prediction that they will announce it at the time of halving is also a reasonable prediction, and I also believe that that is the most appropriate time.

Yesternight, the website was down due to some overloading maybe but now when I opened the list and searched the ticker, it was listed there. I mean, what is going on here? Is it some kind of prank, or did the website get hacked so that the ticker was removed from the list by unauthorized actors?

Not really. That only happens to you short-termed people. The best thing to do is to invest for the long term and forget about the noise. I don't care if Blackrock delists it permanently, I know that in 10 years the Bitcoin will be worth a lot more than it is now. In the meantime I am entertained by the ups and downs of the price, and their possible causes, but they don't keep me awake at night.

That said, I don't know what has caused the temporary delisting but I think we are starting a sustained price rise.

it's back. the delisting i guess they wanna rug pull us. they thought we'd dump because they delist it but hell we are holding on.
they changed their minds because the leak is out and investors are already expecting the inevitable ETF. not heard of another interview yet with gary gensler, he seems to be very silent since the last interview we have seen which is scary because he may be up to something again to pull the price down.

Larry Fink however seems excited this man rarely goes out to speak in public but suddenly shills crypto. Happy to see prices shoot to the moon but it's odd.