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Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

bloomberg.com

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Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#321

Post by tinytim69 »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

Interesting premise you put out. Are you in any way affiliated with the RaiBlocks concept? Would love to talk details xrb_1wjckswsmna1aa1a9wpknezs89hjtsqspow7br6u5p3r3yo7q4xm41do89jz

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#322

Post by Clanan »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

Beam me up xrb_11wod9ygmnqr4jw4kefp3n3rij8nm34d7cpkwr8u3dz84k7qe4cg4r8kugn1

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#323

Post by dghughes »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

Sure I'll go for it too.

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Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#324

Post by cmars »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

I've been researching altcoins, and RaiBlocks sounds interesting.

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Thanks!

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#325

Post by adamisom »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

Wow dude I've been reading a lot of good things about Raiblocks lately. Thank you so much for any amount at all -

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Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#326

Post by nicklo »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

RaiBlocks looks awesome! Just signed up: xrb_1iefziyor79n9nrqjnogwxrzgsun9swuhcqnst5qi9u1ocxxoqinfjuzzfu6

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#327

Post by bennytjia »

solotronics wrote: post #175
asenna wrote: post #168

What's with all the extreme negativity with Bitcoin and its trading price on HN? I've been noticing that in all the BTC related threads recently. Yes, this is possibly getting too large too fast. Yes there is a chance this is a bubble because the barbers and shoeshine boys are talking about it. But there is also a chance that we genuinely are at the beginning of the transition from Fiat currencies to crypto (beginnin…

for me at least it is an opportunity to keep my own wealth. If I can keep my own record of wealth why would I entrust a third party that doesn't care anything about me? Perfect example is Wells Fargo opening accounts and charging people.

Absolutely true. This is the fundamental value of bitcoin. It is a store of value. I say no to trusting 3rd party. Especially wells fargo...

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#328

Post by mulmen »

spenczar5 wrote: post #171
mulmen wrote: post #160

Earlier quoted context omitted.

I'm not a financial expert but I thought the value proposition of Bitcoin is that it is not a fiat currency.

That's a strange thing to say. I think of a "fiat currency" being one which 1. is not backed by a physical good, like gold, and 2. is recognized by a government, so you can pay taxes and fines with it. Why would it be beneficial that you cannot pay your taxes with Bitcoin?

My understanding is that the mining metaphor is supposed to be reminiscent of gold's scarcity.

It is also my understanding that the crypto- in cryptocurrency enables anonymous trade. This would seem to preclude the need to even pay taxes since no government could even track the transactions. As I understand it this is the primary value proposition of Bitcoin.

Why would you want to pay taxes to the US government in any currency other than the US Dollar? I really don't understand the value there. Do people pay US income taxes in Euros? Why? How?

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#329

Post by superk60 »

MadSudaca wrote: post #219

There's a cryptocurrency called RaiBlocks that is working to be the best at transfer of value. The protocol uses new cryptocurrency concepts evolved over the years and I believe it can be quite revolutionary. In my opinion, bitcoin is one of the worst cryptocurrencies at the moment, and to be honest I hope to see it die soon. Create a wallet using this site https://raiwallet.com/ , paste your address here and I'll se…

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thx bro

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#330

Post by bigtunacan »

StavrosK wrote: post #192
pzxc wrote: post #188

Earlier quoted context omitted.

The lightning network could fix everything, or fail spectacularly. I think an even bigger danger than failing spectacularly is if they take too long to roll it out. Other cryptocurrencies are already gaining some favor because of the situation BTC is in now with the high transaction fees. It has a good chance of working, in my opinion (the lightning network), if they don't dawdle too long. But the clock is ticking.

> I think an even bigger danger than failing spectacularly is if they take too long to roll it out. Other cryptocurrencies are already gaining some favor because of the situation BTC is in now with the high transaction fees. Who cares? Honestly, who cares if BTC is the one that wins? I only care about some cryptocurrency seeing mass adoption, I don't care if that's BTC or any of the other thousand coins.

Well certainly all of the HODLers care. Some of them have a lot to lose if Bitcoin fails.

I think a bigger risk than specifically Bitcoin failing is all this crypto fragmentation. If not Bitcoin, then what?

When Yahoo was replaced by Google people switched and their lives didn’t change.

If/when Bitcoin goes to zero people could lose faith in crypto completely there might never be a replacement.

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