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may
7

Goldman Sachs to Launch Bitcoin Trading Desk, Hires first Cryptocurrency Trader

Tags: Bitcoin, Cryptocurrency, Goldman Sachs
Posted on Monday, May 07, 2018 by "T".
Goldman Sachs, one of the biggest financial institutions in the United States, will launch a Bitcoin trading desk, saying that Bitcoin ‘is not a fraud', and it announced its plans to eventually buy and sell cryptocurrency, according to a report from the New York Times on Wednesday, May 2. In a dynamic move that will set the investment banking giant apart from its Wall Street rivals, Goldman[...]   Read more » Goldman Sachs to Launch Bitcoin Trading Desk, Hires first Cryptocurrency Trader

  7-May-18, 10:43   #1
Goldman Sachs to Launch Bitcoin Trading Desk, Hires first Cryptocurrency Trader 0 
Gerimantas 
Joined: Jan '17
Location: Lithuania
Age: 60 (M)
Posts: 1459
I personally think this is too high risk investment and i not understand it good too. So i better go and invest my money in real estate or buy some company stocks. Maybe Bitcoin is good investment for some people

     
  7-May-18, 16:44   #2
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 39 (M)
Posts: 2627
Goldman Sachs it would better recognize that they are forced to enter into the market with a cryptomoneda because this will be for their benefit. As long as the satellites are not destroyed by the sun or something else, they will have money to win because it's much easier to work with crypto directly from home. The world will prefer this crypto starting from now on and Goldman Sachs will promote to platinum... Cool

     
  7-May-18, 18:58   #3
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 41 (F)
Posts: 12876
It hast been a long time now that the crypto world is taking one hit after another.
And yet it still holds.
And with news like this, it will rise again.
BTC is stable for quite some time now above 9000.

     
  7-May-18, 20:26   #4
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 46 (M)
Posts: 5163
official financial institutions have long tried to deal with bitcoin but all the same bitcoin won in this fight .... the era of crypto currency has already come and if it does not like the official financial institutions it's only their problems ..... after this news it's possible to say with certainty that bitcoin will grow in price

     
  7-May-18, 23:35   #5
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 34 (M)
Posts: 5890
Eff them to hell. 10 years after the global financial crisis they are starting to dip into a market which is ten times more wild and dangerous than the stockmarket. The SEC neds to make more regulations to make sure these institutions won't make bigger problems than they did already.

     
  8-May-18, 05:59   #6
  +1 
magatt966 

Joined: Jan '09
Location: Italy
Age: 48 (M)
Posts: 3836
Music for my ears

     
  8-May-18, 07:32   #7
  0 
doubletop777 
Joined: Mar '11
Location: United Kingdom
Age: 49 (M)
Posts: 7067
There seems to be a lot of interest in these bitcoins and there seems to be a lot of money to be made. I do not fully understand the concept but it will be very interesting to see how it all works out in the future

     
  8-May-18, 16:45   #8
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 39 (M)
Posts: 2627
This government agency Stock Exchange Commission she will not be too interested of what Goldman Sachs will do. If the world gets back into a crisis, these bankers will also receive money from people and they will steal from those who will be indebted to the banks. The population is not favored by governments and the banks yes. Because of this SEC will not be interested and Goldman Sachs will launch his Bitcoin.

     
  8-May-18, 17:26   #9
  0 
crankmuppet 
Joined: Oct '13
Location: Canada
Age: 55 (F)
Posts: 129

Warren Buffet: "bitcoin is rat poison", Berkshire vice chairman Charlie Munger: "To me, it's just dementia. It's like somebody else is trading turds and you decide you can't be left out."

I personally, haven't a clue nor a spare bit to coin flip with.

     
  8-May-18, 19:24   #10
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 41 (F)
Posts: 12876
Regulations you are talking about.
Like people havent lost fortunes over the years, in the stock market, with all the bubbles
and the manipulation that is going on.
Where are the regulations there?
On the other hand of course though, there are people that have made good money,
if not a fortune, from the bubbles, in stock market also.

At the end nobody is forcing you to enter, any kind of investment, be it stock market,
crypto coins, land purchase and so on.

You either ride the wagon, or playing it safe, watching it pass in front of you...

     
  8-May-18, 19:31   #11
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 53 (M)
Posts: 6599
Can't tell if this is a good sign for cryptos or not. They wouldn't do it, if they wouldn't expect a large enough piece of the pie for themself. On the other hand, such big banks just can't be trusted, and if they enter a market, this market will change.

     
  8-May-18, 20:41   #12
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 46 (M)
Posts: 5163

Warren Buffett is certainly a very conservative person ... and bitcoin is a direct threat to his well-being ... so it's not surprising that he says exactly such words .... but in any case in the financial sphere no matter how conservative it was not due to change due to Creep currencies ... and this does not change

     
  8-May-18, 23:02   #13
  0 
godoy 
Joined: Jul '10
Location: Brazil
Age: 38 (M)
Posts: 359
THE FUTURE OF THE POKER OLINE WILL BE THESE CURSES CRIPTOM COINS THAT MY SEEING IS A VERY BAD THING BECAUSE THERE ARE NOT REGULAMNETADAS AND MEM TRACKED AS THEY TALK ABOUT CONTINUED AND LEGAL PEQUEMAS MORE WHEN YOU TALK TO MANY AND WELL COMPLICATED OF ARRISCAR

     
  9-May-18, 15:53   #14
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 34 (M)
Posts: 5890
Dunno what LEGAL PEQUEMAS or CURSES CRIPTOM COINS or REGULAMNETADAS means, but dude you don't need to shout just to make sure sure you get your message across.

     
  9-May-18, 16:46   #15
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 39 (M)
Posts: 2627
If all poker rooms accept different Bitcoins Cryptocurrency then they will have to keep the other normal currencies like dollar, euro or money from different countries. If they will force us to play poker only through Bitcoin then there will be trading in the middle that will bring them extra money and players will lose with this conversion on each deposit or withdrawal.

     
  9-May-18, 23:52   #16
  0 
godoy 
Joined: Jul '10
Location: Brazil
Age: 38 (M)
Posts: 359
these digital coins are a pest and will be everywhere from here for some time so we must learn to deal with them and thus get the maxino out of it because this will be the future of poker and sports betting I think

     
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