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Topic: Bitcoin bubble by Goldman Sachs (Read 329 times)

hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
May 11, 2018, 05:19:10 PM
#46
Every person who is in the crypto already know about bitcoin and especially who are using this forum also know better about bitcoin and they know the benefits of bitcoin and they know that they already earned a huge amount with their investment of bitcoin so they do not care for the news of these type. It only spread the fear among those who are new to bitcoin and who do not know bitcoin from longer time.
If I were you I won't say that because Goldman Sachs is a respected company and most bitcoiner that don't have enough knowledge like we do on this forum will believe what they say. Besides, if you watch the market price you'll see that the FUD is already working
hero member
Activity: 1834
Merit: 566
May 11, 2018, 04:48:11 PM
#45
Bitcoin Bubble said by Goldman Sachs now Godlmanscahs starting their own cryptocurrency platform which is double standard word by Goldman Sachs we see

Yes they can do that. They got the money. But will it be successful. I dont think mutual funds and crypto should be combined. Worse thing could happen is their investors getting out.

This thread just got 3 pages and it already ended. Guess it was also trashed here. Grin
This guys are just speculating or maybe paid to the FUD.
I believe Goldman Sachs is just one of the people, organisation or companies I said in my previous post that they do things for their own selfish reason because they were in deed trying to manipulate the price of the bitcoin market by posting or saying FUD things in other for crypto community to pay more attention in their own upcoming cryptocurrency.
hero member
Activity: 2912
Merit: 642
May 09, 2018, 05:46:02 PM
#44
Bitcoin Bubble said by Goldman Sachs now Godlmanscahs starting their own cryptocurrency platform which is double standard word by Goldman Sachs we see

Yes they can do that. They got the money. But will it be successful. I dont think mutual funds and crypto should be combined. Worse thing could happen is their investors getting out.

This thread just got 3 pages and it already ended. Guess it was also trashed here. Grin
This guys are just speculating or maybe paid to the FUD.
hero member
Activity: 672
Merit: 500
May 09, 2018, 05:22:29 PM
#43
Every person who is in the crypto already know about bitcoin and especially who are using this forum also know better about bitcoin and they know the benefits of bitcoin and they know that they already earned a huge amount with their investment of bitcoin so they do not care for the news of these type. It only spread the fear among those who are new to bitcoin and who do not know bitcoin from longer time.
full member
Activity: 448
Merit: 122
May 09, 2018, 05:14:01 PM
#42
I know we wouldn't reach to Goldman Sachs for advise in cryptocurrencies, however we can't deny Bitcoin is on a bubble. We are inflating the bubble with huge sums of money while Bitcoin doesn't really change and improve it's technology at the same rate.

Goldman Sachs advisor says 'Today's Cryptocurrencies Will Go to Zero, But Stronger Digital Currencies May Still Emerge' and this time they can be right. And pretty much is okay to relate today's situation with dotcom bubble back in the 2000's.

I can see two ends for this, whether development becomes a priority and actual value and usefulness are created for the big cryptocurrencies we handle right now, or the bubble explodes. If it explodes then a new type of cryptocurrencies will emerge, although I don't believe these would follow Bitcoin principles.


Article: http://fortune.com/2018/02/07/bitcoin-price-usd-prediction-goldman-sachs-cryptocurrency/

Don't believe the shit Goldman Sachs says and stop spreading FUD!
You are right on the need for advancement in the bitcoin technology due to the fact that every true invention that has ever seen the light of day always try to develop above it initial level of development in other to meet up with current happenings and demands in the future so bitcoin also need such advancement in other for it not to crash some day or become unused and replaced by a more useful and advance option.
member
Activity: 416
Merit: 21
May 09, 2018, 04:23:24 PM
#41
Bitcoin Bubble said by Goldman Sachs now Godlmanscahs starting their own cryptocurrency platform which is double standard word by Goldman Sachs we see
full member
Activity: 387
Merit: 106
March 16, 2018, 05:42:15 PM
#40
Funny on how did Goldman Sachs said that crypto's are going to be nearly zero until I saw this news.
https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4


Exactly! Their game is so obvious, LoL. Cheesy We've come to the paradoxal point that Goldman Sachs speaking FUD about cryptos is in fact a good news because it means they are going to invest in it Smiley
newbie
Activity: 70
Merit: 0
March 08, 2018, 09:19:40 PM
#39
The US banking giant, Goldman Sachs, has stated that Bitcoin is a bubble that is bigger than the Dutch tulip mania and the dot-com era. The bank has published a research letter, where it has warned about the increase in the cryptocurrency prices.
full member
Activity: 532
Merit: 100
March 01, 2018, 09:21:06 AM
#38
coins that would go to zero are failed products i guess. we always see someone spreading FUD about bitcoin just to promote their choice of coin or maybe someone paid them or just want to manipulate. bitcoin is strong and many trust in it.
member
Activity: 364
Merit: 10
March 01, 2018, 09:15:25 AM
#37
I know we wouldn't reach to Goldman Sachs for advise in cryptocurrencies, however we can't deny Bitcoin is on a bubble. We are inflating the bubble with huge sums of money while Bitcoin doesn't really change and improve it's technology at the same rate.

Goldman Sachs advisor says 'Today's Cryptocurrencies Will Go to Zero, But Stronger Digital Currencies May Still Emerge' and this time they can be right. And pretty much is okay to relate today's situation with dotcom bubble back in the 2000's.

I can see two ends for this, whether development becomes a priority and actual value and usefulness are created for the big cryptocurrencies we handle right now, or the bubble explodes. If it explodes then a new type of cryptocurrencies will emerge, although I don't believe these would follow Bitcoin principles.


Article: http://fortune.com/2018/02/07/bitcoin-price-usd-prediction-goldman-sachs-cryptocurrency/

Every person can make his own statement whether it's a good or bad. The cryptoworld is now mature in dealing this kind of false statement even if that's from a well known persons and we are here to resist that kind of false statements. FUD are everywhere it's created to make the crypto prices lower and get their chances to buy it at cheap price. It's the same story that repeated every time the bitcoin price will get stronger. Nothing is new on bubble issue.  
full member
Activity: 554
Merit: 100
March 01, 2018, 09:14:25 AM
#36
Goldman sachs is funny why they still saying that bitcoin is still bubble and think also in how many years that bitcoin exist you still thinking that it is bubble? From the value of hundred dollars to $20,000 and now which is $10,700 are you still believing that it is bubble oh come on after you earn a thousand dollar and one of my friend was not believing that bitcoin is bubble because he earn a thousand dollar so dont believe what they are saying that it is bubble but its not.
hero member
Activity: 2268
Merit: 507
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March 01, 2018, 09:07:01 AM
#35
Funny on how did Goldman Sachs said that crypto's are going to be nearly zero until I saw this news.
https://www.reuters.com/article/us-crypto-currencies-circle/goldman-backed-startup-circle-buys-major-crypto-exchange-poloniex-idUSKCN1GA1N4
legendary
Activity: 3542
Merit: 1352
Cashback 15%
March 01, 2018, 08:57:01 AM
#34
I know we wouldn't reach to Goldman Sachs for advise in cryptocurrencies, however we can't deny Bitcoin is on a bubble. We are inflating the bubble with huge sums of money while Bitcoin doesn't really change and improve it's technology at the same rate.

Goldman Sachs advisor says 'Today's Cryptocurrencies Will Go to Zero, But Stronger Digital Currencies May Still Emerge' and this time they can be right. And pretty much is okay to relate today's situation with dotcom bubble back in the 2000's.

I can see two ends for this, whether development becomes a priority and actual value and usefulness are created for the big cryptocurrencies we handle right now, or the bubble explodes. If it explodes then a new type of cryptocurrencies will emerge, although I don't believe these would follow Bitcoin principles.


Article: http://fortune.com/2018/02/07/bitcoin-price-usd-prediction-goldman-sachs-cryptocurrency/

I don't understand the part "technology isn't improving".

Major development for bitcoin has halted and only minor improvements are being made so as to let other people know that they're still working on it... somehow. Frankly, I can see bitcoin being used on the same thing over and over again and no new fancy features should be added since other crypto can do just that. Mainly, bitcoin is used for exchange of value and as a form of payment, and it's just doing pretty well on that certain task. What needs to be improved though is scalability and other things that affect transaction confirmation times and the fees. Other than that, no fancy features is necessary.

Bitcoin doesn't need to change completely in order to be valuable. Fiat has been the same piece of paper and nickel for the past centuries yet people still value it even though it hasn't improved one bit (apart from digital transactions, of course). The reasoning of Goldman Sachs as to why bitcoin and other cryptos will flop isn't really a good one and they're just trying to divert all the attention coming to bitcoin into other assets/investments.
member
Activity: 238
Merit: 11
March 01, 2018, 07:37:15 AM
#33
Golden Sachs is the primary broker in the financial market. So far, it avoids serious participation in the cryptocurrency market.The banking giant believes that the connection with cryptocurrency and blockchain potentially carries risks for business and calls it a bubble and does not plan to trade bitcoin directly. In the future, if customers are interested in this direction, the NGO will still develop it despite the risks.
newbie
Activity: 35
Merit: 0
March 01, 2018, 07:18:37 AM
#32
I know we wouldn't reach to Goldman Sachs for advise in cryptocurrencies, however we can't deny Bitcoin is on a bubble. We are inflating the bubble with huge sums of money while Bitcoin doesn't really change and improve it's technology at the same rate.

Goldman Sachs advisor says 'Today's Cryptocurrencies Will Go to Zero, But Stronger Digital Currencies May Still Emerge' and this time they can be right. And pretty much is okay to relate today's situation with dotcom bubble back in the 2000's.

I can see two ends for this, whether development becomes a priority and actual value and usefulness are created for the big cryptocurrencies we handle right now, or the bubble explodes. If it explodes then a new type of cryptocurrencies will emerge, although I don't believe these would follow Bitcoin principles.


Article: http://fortune.com/2018/02/07/bitcoin-price-usd-prediction-goldman-sachs-cryptocurrency/

I don't understand the part "technology isn't improving".
full member
Activity: 476
Merit: 105
March 01, 2018, 07:12:05 AM
#31
Here comes the bubble articles again, I will predict by next year more of them will voice out their speculation and articles that bitcoin is officially bubble and some cryptocurrencies will go for 0, for useless and scam coins they are welcome but for the coins like bitcoin, eth and so on I will call that statement a FUD, and then what if they will succeed this time? there will be a bitcoin bargain and party for them I'm pretty sure of that.

So people still hear what goldman sachs say after what they did in 2008
They forgot about that or they are not aware that the financial crisis happened after all.
full member
Activity: 387
Merit: 106
March 01, 2018, 06:58:15 AM
#30
Usually Goldman Sachs is not interested in "sharing informatiom" that they have. Usually Goldman Sachs is releasing information which is useful for promoting their agenda, whichever it is. So if now they are spreading FUD about the current cryptocurrencies, while suggesting that future cryptocurrencies will do better, it's everyone's guess which is their obvious own agenda Smiley
member
Activity: 182
Merit: 12
February 09, 2018, 12:50:34 AM
#29
He's meant to destroy cryptos' image and popularity. He's got nothing good to say about it so I suggest you just ignore his comment. He's doing it for a purpose, we never know probably he might do the same as what Morgan did.
copper member
Activity: 1050
Merit: 294
February 09, 2018, 12:46:17 AM
#28
People who still believe bitcoin is a bubble either they are illiterate or they can't get in this business earlier and now spreading FUD to bring it down. Although the FUD damaged the reputation of bitcoin and other cryptocurrencies during the recent big downfall but don't worry it will be bounce back soon.
Comparing it with dotcom bubble is illogical, nothing common in cryptocurrencies and the dotcom bubble so Goldman needs to clarify his prediction or statement.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
February 09, 2018, 12:37:19 AM
#27
Didn't the bubble already explode?
For the past years bitcoin has been treated as a bubble and now that the price went down through $20,000 down to $6,000 and that's considered a bubble, let's say they win on that argument. But they are not looking at the history of bitcoin that the same had happened when there are exchanges got hacked and due to that incident price of bitcoin plummeted. Goldman Sachs sucks, where he has been during these time or he is a paid troll just to say that thing?
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