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Topic: [BREAKING NEWS]: Goldman Sachs says bitcoin could rise another 50% - page 3. (Read 2220 times)

sr. member
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Goldman Sachs: Bitcoin Will Plunge Again Before Surging To $4,000
No link?
Yeah that is breaking. Breaking my heart. At least prove it with a little effort.
legendary
Activity: 3472
Merit: 10611
Everything is breaking news with people here... I don't think Goldman Sachs has more knowledges about Bitcoin than a lot of people. So in my opinion they have no influence and what they are thinking doesn't matter much, and surely doesn't mean they are right (or wrong) it's just a random opinion like may others

the worst part about speculations like these is that they are based on price, charts and technical analysis. but they never consider the "news" and all the rest of the events that are going on with bitcoin. for example we have all seen an exchange hack (bitfinex last year) can cause a drop, a dumb FUD about chain split (the $1250 to $900 dip) can also cause a dip. and we all know that news like activation of SegWit will shoot the price up.
and that is why we usually say you can't really predict bitcoin price unless it is in long term.
sr. member
Activity: 476
Merit: 250
Source: http://www.cnbc.com/2017/07/03/goldman-sachs-says-bitcoin-could-rise-another-50-percent.html

So yeah, this is pretty legit news.

I'm not sure how they got the figure of $3,915. All they said was that their chart analyst said so. They also said though that bitcoin will plunge first, i guess this is possible if the fork happens to go wrong, but imo we won't see any major dumps, at least none that will drive the price down below $2000 level.

Its funny though, because this is the same bank that caused a lot of damage during the 2008 financial crisis, and now they're covering positive bitcoin news. Maybe central bankers are getting a bit nervous up there?
sr. member
Activity: 378
Merit: 250
It will but not today or next week I think, August 1 is coming and with that event investors and traders are playing safe with their moves so the boosts of Bitcoin's value is quite around $2.3k to $2.6k.

They are just generalizing it though cointelegraphs.com already said that many market analyzer think that Bitcoin could reach $1m per, so it is obvusely reach $4k soon and that is not a breaking news for me.
hero member
Activity: 2646
Merit: 686
Goldman Sachs: Bitcoin Will Plunge Again Before Surging To $4,000

Golden Sachs they are yet even active, who even listens to them anymore, it's been quiet a while since I last heard their name. I think they are riding on the popularity of Bitcoins. 50% is bit to much. I don't see any reason for it to rise to rise so much. I feel 5 - 20% rise if any is max what it can go up to. As there is no news is coming that makes it rise. So wait and watch.
member
Activity: 112
Merit: 10
Bitcoin could rise another 10% or another 1000% or fall another 50%. Its nice to see mainstream take an interest but I wouldn't trust the word of goldman sachs much more than that of a random stranger on bitcointalk.

Personally I think $5000, a doubling is in the cards around August/September once Segwit is activated.
hero member
Activity: 1148
Merit: 504
Funny how breaking news is taken for granted nowadays. It is more like a spam news to me. Every other thread here is saying almost the same thing, the only difference is the price.

Is he the same guy who breaking news satoshi is dead or is it another person?
sr. member
Activity: 588
Merit: 250
Yet another Breaking news clickbait title. These are starting to become hilarious. Every time I see [BREAKING NEWS], I click just to see what it is. So I guess those titles do work. lmao!
copper member
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Top Crypto Casino
Everything is breaking news with people here... I don't think Goldman Sachs has more knowledges about Bitcoin than a lot of people. So in my opinion they have no influence and what they are thinking doesn't matter much, and surely doesn't mean they are right (or wrong) it's just a random opinion like may others
full member
Activity: 172
Merit: 100
If you do not panic and keep their coins the price may be more. Everyone should know that when selling your coins you contribute to falling prices. It is not in your best interest. Therefore, the patience of users crypto currency will be converted in income from rising prices.

Holding your tokens does not generate profit and this is not making me feel comfortable. I don't why but I don't like it when my coins sits.

For Goldman Sachs, they have nothing to do with bitcoin price.
member
Activity: 84
Merit: 10
If Goldman Sachs guesses were worth something they'd keep the information to themselves and earn billions. Bitcoin will go up but providing a target is dumb
sr. member
Activity: 630
Merit: 263
If you do not panic and keep their coins the price may be more. Everyone should know that when selling your coins you contribute to falling prices. It is not in your best interest. Therefore, the patience of users crypto currency will be converted in income from rising prices.
sr. member
Activity: 518
Merit: 250
Goldman Sachs: Bitcoin Will Plunge Again Before Surging To $4,000
I guess this is almost impossible to happened today i can see the bitcoin is really having a hardtime dumping than pumping but still i can see some potential to increase its price in the future but maybe not to much like 4000$ but really news cant predict anything in cryptocurrency just another lie i guess.
Yeah the bitcoin is obviously struggling in its price today I guess it will stay in its great but it will be great if its increase it price up to 4000$ today that would be great if that happened but I guess just need to keep holding on in bitcoin there will always be I good pump in the coming years.
legendary
Activity: 3416
Merit: 1225
If this is a breaking news and it's all about Bitcoin then thread starter should post the source of the links,but this is old news to me and this kind of news has been going on since the creation of Bitcoin, price increase and Bitcoin news of demise are old news that keeps on popping.
sr. member
Activity: 504
Merit: 268
Goldman Sachs: Bitcoin Will Plunge Again Before Surging To $4,000
I guess this is almost impossible to happened today i can see the bitcoin is really having a hardtime dumping than pumping but still i can see some potential to increase its price in the future but maybe not to much like 4000$ but really news cant predict anything in cryptocurrency just another lie i guess.
legendary
Activity: 1288
Merit: 1087
can we get rid of the breaking news thing altogether? it's kind of annoying. it's either news, or not news. news by definition is, uh, new, so breaking is unnecessary.

and what do goldman sachs know about the bitcoin market? if bitcoin survives of course it'll be $4000 some day. and of course it's gonna plunge too. that's what it does.

legendary
Activity: 2184
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Vave.com - Crypto Casino
Goldman Sachs: Bitcoin Will Plunge Again Before Surging To $4,000
Breaking news thread subject lines should always be post in the uppercase format such as [BREAKING NEWS]:

It makes it easier for others to read the day's most pertinent news headlines.

Please rededit your subject line.
sr. member
Activity: 742
Merit: 252
Goldman Sachs: Bitcoin Will Plunge Again Before Surging To $4,000
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