I know the institutions’ stacks doesn’t affect the protocol or network stability, but I can’t help but wonder if they could be planning some coordinated dumps-and-purchases to increase price volatility to shake off the weak hands and reduce confidence for the not-yet convinced.
Those who are still early in the btc journey will still use the BTC/Fiat pair to determine its potential.
But what if the institutions betray each other i.e. A, B and C agreed to sell together, but only C sold while A and B keep stacking.
Another form of game theory? Or I’m just overthinking things. Fun thought though
kianjerkoh / Kian Jer
npub1nn…8ywr8
2024-08-16 00:59:35
Author Public Key
npub1nn4suzzd27cvm9ezj7uuvw3l3v5kwy5nkyuv2q8d5jjnmj94kceqm8ywr8Published at
2024-08-16 00:59:35Event JSON
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"content": "I know the institutions’ stacks doesn’t affect the protocol or network stability, but I can’t help but wonder if they could be planning some coordinated dumps-and-purchases to increase price volatility to shake off the weak hands and reduce confidence for the not-yet convinced.\n\nThose who are still early in the btc journey will still use the BTC/Fiat pair to determine its potential.\n\nBut what if the institutions betray each other i.e. A, B and C agreed to sell together, but only C sold while A and B keep stacking. \n\nAnother form of game theory? Or I’m just overthinking things. Fun thought though",
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}