IBTC ticker of Blockrock is still listed on the website

[Faisal2202]

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?

Old Picture

Current Picture

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.

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.

[Poker Player]

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

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.

[electronicash]

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.

[Tytanowy Janusz]

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.

1- it's probably not a glitch but the way a few whales just get 100 million. I know these tricks, I've seen them many times with shitcoins and "fake listings" where a currency pair appeared on some exchange and disappeared in a moment, but I managed to take a screenshot. The amount of FOMO has always driven the price up significantly. I just didn't expect such cheap tricks from such a large, regulated institution, but obviously I need to lower my expectations.

2- "That's so wrong" for you, because you are the one who just get outplayed. For them, it's just a way to make a few million more. Perhaps part of a larger strategy to move the price from the point of accumulation to the point of distribution. Starting with the fake news from OCT 16, through the current manipulation by several others to set the price where they want and build hype to the level they need to book profits.

3- At the moment, they do not have customers invested in Bitcoin through their instruments. that's what's at stake now (aproval of bitcoin ETF)

4- Their here to scam us and make money. Get used to it. Thats their attitude:

"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.

[ZAINmalik75]

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, but I was going through from these terms and policy and they have mentioned there that such acts are not their problem, you will find this line on the first page and it has been bolded and oversized by them so that anyone can read it. Although I read that policy even before reading this topic, I read it yesterday to know the impact of DTCC on the overall market. But I did not find anything useful.

This is not some kind of glitch, it is done on purpose, they first delisted it, and we can even see the archive of it, and after delisting they shut the website maybe due to overloading as you have said but I don't think the website was overloaded because the news was just out for like 1 hours maybe and it should have not got big traffic yet, but it is all just a manipulation of the market.

They are misusing their authority, they should value their rank and the impact that they can make, Cointelegraph is better than DTCC as they took all the responsibility for the fake news from them and asked forgiveness.

[franky1]

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

[sokani]

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.

[nakamura12]

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.

I would do the same instead of making a pit stop. I think they want to manipulate the price and by doing that they will delist it and then list it again. This only proves that it shouldn't be one platform or website that a person should check or use but more than one because some cases are the information is not always on positive side. My gut tells me that they are only aiming to earn lots of money just like those shitcoins.

[GbitG]

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.

[Texac]

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.

How do you know that they don't hold bitcoins?  they say they hate bitcoin, don't like it, or speak ill of it every day, but that doesn't mean they don't secretly buy and accumulate it.  everyone is greedy and no one hates money, not even them, so don't be naive when you think they don't hold bitcoins. 

They don't need you to trust them because what they need is money, not your trust, and when they achieve their goal they can do whatever they want.  you don't trust them, what can you do with them when they are the ones who will decide this game?

[adaseb]

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.

[Husires]

If a listing occurs, it will not be secret news that will not spread, and in most cases every ETF will be approved at the same time. Therefore, if it happens, you will find newspapers and magazines writing about it, not unknown speculation.
Blockrock manages trillions of dollars in assets, but the cryptocurrency market is not regulated, so I do not think there is anyone who will hold them accountable if they decide to manipulate it. Invest for the long term and don't follow short-term hype.

[SquirrelJulietGarden]

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.

I don't think it is a coincidence but it is a plan that plays well by market makers.

Every time Bitcoin needs to move after technical indicators were bend enough to a point for big movement, news and events like this come out. By that I believe no coincidence at all and market makers do all of these to convince us that Bitcoin has to rise up or has to fall down because of well-planned news.

It was there since August 2023? I am not sure but let me check it with Wayback machine.
Unfortunately, no snapshot in 2023 before October.
The latest snapshot is in October 2022 but it is not what we need as evidence.
https://web.archive.org/web/20221025035624/https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php

[Helena Yu]

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

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

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.

[Tony116]

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

Not only will Brackrock's IBTC or ARK Invest's ARKA be approved, but we will also have a lot of ETFs that will be approved once the SEC decides to approve ETFs for bitcoin. 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.

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

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.

Buying rumors, selling the truth, I think we need to apply that instead of waiting for official news to be released, because that is most likely the time when the Fomo market peaks and is also the time when sharks take profits.

[Lucius]

~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.

In other words, you want to say that everything managed by BlackRock, Fidelity, Ark, Grayscale and others will be converted into Bitcoin? Will the BTC price be at least a trillion US$ then?

What you wrote is a really legendary stupid comment...

[Doan9269]

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?

Normally, we expect things like this to happen because hackers will always want to take part in features like this, the media will also wanted to make their own fame and sales as well as numbers of clicks with news like this, but whichsoever comes by, we are all ready for them all, if the delisting leads to the attack or it was an attack that leads to the delisting, everything will soon be cleared off, bitcoin must rise, irrespective of the news they've got.

[Faisal2202]

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.

You are right, long term investment plans have nothing to do with the current news and updates but believe me they do matter. Because let's just say 10 years have been passed and now is the time to book some seed profit or want an exit (just assume) but you are not keeping the track of economy and not listening to any of the news. Then you might not be able to get full benefit from the market. But you have already made up your mind that's why you don't keep awake at night.

Long story short, keeping an eye does matter but acting upon the news should be avoided while you have long term investments plans. (sorry for late reply)

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.

I was also happy to see the price going up and making some good profit on my holdings even booked half profit by having a thought to making a re-entry but price is still up unexpectedly. Gary Gensler is not making any statements in against BTC instead he even don't consider it a security and will not make it one. They are going to make hell lot of money so why would they go against it.

But they are forcing people to stop using decentralized platform, like the recent patriot act against BTC and mixers raises concerns.