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Showing 8 of 8 results by evok3d*
Re: When did people start caring what Goldman Sachs has to say about Bitcoin!?
More than the Goldman Sachs flip flop, all this gushing over ETFs was real a eye opener for me. Give me a break! They're paper markets where you trust institutions to back pieces of paper with a peer-to-peer currency! Just say that out loud. Have you ever heard of anything so nonsensical? 
It raises some interesting questions about who Bitcoin investors are (at this point) and where their principles lie -- how easily they might be co-opted in the future. Many people are now so greedy for price gains that they're praying Wall Street involvement will pump the price, principles be damned. If they really understood Bitcoin, they wouldn't advocate for all the counterparty risk that paper Bitcoin markets will create.
It raises some interesting questions about who Bitcoin investors are (at this point) and where their principles lie -- how easily they might be co-opted in the future. Many people are now so greedy for price gains that they're praying Wall Street involvement will pump the price, principles be damned. If they really understood Bitcoin, they wouldn't advocate for all the counterparty risk that paper Bitcoin markets will create.
I am fully with you. It is insane how people could even consider ETF a good thing for crypto. I think a lot of has to do with the fact that many people still do not even understand the freedom that has been provided by cryptocurrencies.
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Many people are now so greedy for price gains that they're praying Wall Street involvement will pump the price, principles be damned.
^^ That is the exact thing that raises a lot of concern for me. You would not believe how many times in presentations i have to remind people of 2008, something that happened only 10 years ago. People have forgotten that in the US alone 10M people lost their homes, that 16T was used to bail out banks overall globally. Yet they go to the same people and ask them to endorse Bitcoin instead of laugh at them for even wanting to be a part of something they never had anything to do with. I fear in time they might even claim they were the ones you who created Bitcoin.
I think we are in an era in which people have forgotten the cost of liberty and freedom, it was something which was handed to most new generations, and as such perhaps it has to be taken away for people to truly understand the depth of the situation.
ETF and Bitcoin in the same sentence is as strange as seeing healthy and cigarettes together.
Re: When did people start caring what Goldman Sachs has to say about Bitcoin!?
This is really heartbreaking for the cryptocurrency community. After showing plans to open a trading desk for Bitcoin earlier, Goldman Sachs has finally aborted his plan. According to the report, they are finding it difficult to regulate cryptocurrency. The whole cryptocurrency market is astound with this news. This is already affecting the prices of Bitcoin and other currencies.
Its all just a game.
Fake News: CFO Says Goldman Sachs is Not Ditching Bitcoin Trading Desk
https://www.ccn.com/fake-news-cfo-says-goldman-sachs-is-not-ditching-bitcoin-trading-desk/
Re: When did people start caring what Goldman Sachs has to say about Bitcoin!?
for example I assure you nobody in bitcoin world gives a flying fuck about what Jamie Dimon of JP Morgan says about bitcoin but bitcoin price dropped about 30% IIRC last year when he called bitcoin "fraud". in a way it has turned into a tradition among market players that whenever some FUD is spread about bitcoin, everyone panic sells. and the funny thing is they sell because they want to buy back more of it not because they think bitcoin is over!
Well i guess thats the point im trying to express here, that the culture is changing as it did with the internet, PC's etc. The bitcoin world has changed from when i got into it many years ago to today. I remember communities would shame someone for continuously speaking about price, now its become normal and accepted. The new generation do not hold the original values and principles and many investors actually do give a shit what people like JD from the cartel united have to say.
I'm not surprised at the price of ETH. It seems to me that such a price reduction is quite logical. After all, at the moment, investors have turned away from investing in ICO and this was the main reason for the drop in the price of ETH.
The entire market has dropped, why should ETH be any different? I for one am happy, people were becoming creepy when the prices were going up. It really showed me a very dark side to human nature.
Yea I saw that a couple hour ago. This raises questions as to whether other hardware wallets are as safe as their creators are claiming. If you ask anybody on the forum most will tell you that hardware wallets are the safest way to store your coins. I've seen dozens of similar threads about security and at least 90% of the answers were "buy a hardware wallet".
If they want to keep the company they should pay the 250k prize. Claiming the wallet is unhackable is fine, it's still in the early stage, but not paying the bounty will bury them.
Every hardware wallet have its own security measures. So far Ledger and Trezor has never been hacked or if there is an issue, they treat it very seriously and fix it no matter how slight the issue is. I believe it is still safe than having an online wallet. If they want to keep the company they should pay the 250k prize. Claiming the wallet is unhackable is fine, it's still in the early stage, but not paying the bounty will bury them.
Just stick to Ledger and Trezor, so far they have been proved as the most secure. I don't know how safe is technology that other harware wallets are based on.
Of course, there is no 100% safety guarantee but still so far there wasn't any security incident related to those wallets and I trust them the most. Everything else is risky and you have to accept that. Especialy avoid online wallets.
Trezor is great, ledger is so so given they dont have the same level of security such as (unlimited password access points).
To say something is unhackable is a bold statement and a very silly thing to say. Maybe they found the backdoor which had been planted that was suppose to be used by McAfee himself to extract everyones coins after they came in thinking its "unhackable" lol.
When did people start caring what Goldman Sachs has to say about Bitcoin!?
Take this quote from an article:
Source: https://cryptodaily.co.uk/2018/09/bitcoin-btc-falls-back-to-trend-line-but-will-it-fall-further/
When did people start caring what cartels have to say about bitcoin. have people forgotten what cryptocurrencies were suppose to do? have people really starting looking up to the same people that destroyed the global economy in 2008? This is just insane to me. It would be like Airbnb looking for approval from Hotel chains, or Uber looking for approval from taxi companies.
Seriously, people wake up. Bitcoin never did any of these peoples permission. If you are really looking for the same cartels that have been destroying lives for decades to come and "regulate" bitcoin, then you have fully misunderstood what power you have been given.
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"Apparently, the cause of this dump was Goldman Sachs announcement that it is scraping off its crypto trading desk for now."
Source: https://cryptodaily.co.uk/2018/09/bitcoin-btc-falls-back-to-trend-line-but-will-it-fall-further/
When did people start caring what cartels have to say about bitcoin. have people forgotten what cryptocurrencies were suppose to do? have people really starting looking up to the same people that destroyed the global economy in 2008? This is just insane to me. It would be like Airbnb looking for approval from Hotel chains, or Uber looking for approval from taxi companies.
Seriously, people wake up. Bitcoin never did any of these peoples permission. If you are really looking for the same cartels that have been destroying lives for decades to come and "regulate" bitcoin, then you have fully misunderstood what power you have been given.
When I first started, I was only interested in the cryptoindustry 1-2 hours a day. But since then, the Cryptocurrency has become my main job, which brings me a good income
Please stop using my stolen account to make posts and return it to its rightful owner. The person posting as evok3d is using my account which was stolen.