Manipulation / ETF's

[ChiBitCTy]

I would say this is really no different than many other areas of the financial world that are overseen by the SEC.  As a licensed FA who's under SEC "rule", so to speak ( or more so FINRA rule), I have seen the SEC allow ALL SORTS of shit that's not remotely legitimate.  Take a look at how "dark pools" operate.  Or take a look at "bonus annuities".  There some real shady shady stuff going on that the SEC truly doesn't give a fck about.

 That said sure, I'm not sure it will manipulate bitcoin like ETFs do to many stocks.  Think about say a healthcare ETF (I like VHT quite a bit).  There's some dog performers in that fund that are artificially being propped up like no other because of the fact that so much money gets pumped in to it, mainly for the other stocks inside of it that are attractive.  At least bitcoin is just bitcoin and it's not pumping up itself in the way that money to an ETF with many assets inside can/does.

[bluebit25]

I can only feel it will cause volatility in the short term before the news and after the news, but in the long term we still have many other things to see about the possibility of all acceptance of bitcoin. The SEC may exert their power, but they are not the sole controllers and given the nature of bitcoin it is here to stay. I remember the "Tulip Syndrome" that was gradually forgotten when we had to be realistic that with bitcoin it was in a completely different state, and the comparison no longer applies much to that.

This market's scale is still too small, those who come early always keep their opportunities and also take risks, but anyway, as someone who has absolute faith in bitcoin, I expect there will be more and more large organizations pay more attention to bitcoin.

[Kemarit]

I can only feel it will cause volatility in the short term before the news and after the news, but in the long term we still have many other things to see about the possibility of all acceptance of bitcoin. The SEC may exert their power, but they are not the sole controllers and given the nature of bitcoin it is here to stay. I remember the "Tulip Syndrome" that was gradually forgotten when we had to be realistic that with bitcoin it was in a completely different state, and the comparison no longer applies much to that.

To be honest, I don't think that Bitcoin can even be compare to the Tulip Mania before. It was really a bubble and so just matter of time before it will blew up and bubble being burst.

This market's scale is still too small, those who come early always keep their opportunities and also take risks, but anyway, as someone who has absolute faith in bitcoin, I expect there will be more and more large organizations pay more attention to bitcoin.

I think it's big enough to accommodate institutional money and retail investors. And I don't think that someone can manipulate the price before or even the approval of Spot Bitcoin ETF. Investors are too much for that right now, we will call it when we see that there are entities from behind trying to control the market. And I do think that the market is going to mature once we see the first Bitcoin ETF approval regardless of who is is going to be.

[criptoevangelista]

....

This is very interesting, these days I have been researching exactly where the big market players buy their bitcoins, especially because it is not through the traditional retail system.

A giant purchase of bitcoin would cause substantial damage to an exchange's offerings, bringing unusual volatility.

Thank you for sharing this knowledge.