Yes - agreed - but it does behoove the bitcoin community to know who and how.

It only works on a short term time scale. On the long term if they are obligating themselves with paper debts that they can’t fulfill, then it will bite them in the ass. #Bitcoin doesn’t care

The answer is easy. BlackRock's brokerage friends. People been discussing if ETFs are backed 1:1 and if BlackRock is issuing paper Bitcoin. The truth is, they don't have to issue paper bitcoin. They call their friends and tell them to put up more sell pressure than there is retail demand.

I appreciate the poor fool suppressing sats for letting me get in and get more for my fiat coins. They will be humbled in the end and slow stackers will inherit the earth.

Wild take: Do we have proof Saylor actually owns MSTR coins and they’re in custody without fractional reserving? Or is it just because of podcast appearances and very public paper disclosures under threat of prosecution that we trust him?

Bitcoin is still very niche with less than 100 thousand serious hodlers. It's not manipulated. It's just not understood. This is 99.9% more likely than a conspiracy of someone or. A small group manipulating it. They would have to have incredible holdings and secrecy with high trade volume. Those thi...

just keep stacking sats in your cold storage. The more you own, the more the people doing the manipulation will have to pay you for it when they eventually have to buy from you. When that happens, WE control the price, not them.

Good Guy shadowy elites holding the price down so we plebs can accumulate 🥰

Occam's razor. No it isn't..markets are just incredibly uncertain right now.

Many people keep sats on exchange and therefore used by market makers.

I would argue it is almost impossible to manipulate and/or supress the price. The reality is that Bitcoin is the most liquid asset which means it will react almost immediately to both good and bad news

Disagree. Bitcoin is acting like piggybank of the market. Your car breaks, you need to fix it. Then you sell bitcoin

💯🤷‍♂️🫂💜🧡❤️‍🔥

Classic wyckoff shakeout. hodl on

2008 said what?

I totally agree and self custody is the most important thing to combat all the fraud.

Coinbase could custody 20 million BTC and the price would still be 59k

Market makers.