Live data from Hacker News

Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

bloomberg.com

351–360 of 487 posts

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#351

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…

xrb_3q61w9dohm6ok15mo1ua84qk6xqm535kzfkbsx66ggcruee73khprbt4iykw

Sure, why not.

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#352

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…

xrb_1rmjmow56xhnsk5yojpjafqty7kpzbxx7sct4wsue65ckqmq997c5dse6oup

Thanks.

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#353
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…

People have listed some good reasons, but no one hit the real painful and unpleasant reason:

People are negative about it because they missed the ride up. It was at $1k earlier this year when these people started dissing it and calling it a Ponzi scheme, and now it's at $15k. Those people missed out a 15x gain, something most startups they've labored their life over can't do. It's human nature to be jealous

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#354

Earlier quoted context omitted.

A lot of the negativity comes from people who missed the boat, sold too early, etc. Also, people who don't understand bitcoin or confuse it with ICOs/blockchain crap. I'd say that's the bulk of it to be honest.

I agree. I "missed out" on purchasing some bitcoin assets early on. So seeing a lot of the rise right now, I don't share in the excitement as -- I would imagine -- someone who's holding a few thousand BTCs. Having said that, I think there's a bit of (healthy) skepticism amongst those of us who hold "traditional" assets regarding BTC. As someone who holds real estate as part of the investment portfolio, I understand a…

Your “real estate” investment is propped up by the federal reserve. You were bailed out at the expense of savers. I’m glad you missed out on bitcoin. It wasn’t made for you.

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#355
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…

[deleted]

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#356

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…

a6a4e48fc29111570ec4d673056bb770fe7597587c9c2b53a35cc2a6cfb10698

I'll give it a go. Thanks!

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#357

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…

xrb_17tmz88fphyfup3y3q47e5mzw5xwbu6tad5cmo9gpqh8sxhrs11oe539pi1q

I'll test it out. Thank you!

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#358

When it comes to Bitcoin, I think of Linux as an analogy. When it first emerged, many people questioned it's basic premise: "why is there a new operating system? Everyone uses Windows, or Mac". People didn't know or understand the idea of open source: "Doesn't that just mean people will find bugs and ways to hack it?" "Without a company behind it, how do I know I can trust it in the long term?" At first it's usabilit…

That's one of the more convincing arguments I've seen.

I still hold though that Bitcoin was an early prototype and its value will sooner or later approach zero.

I do however think that blockchains and cryptocurrencies are a good idea and here to stay.

To build on your example:

Linux is here to stay but a number of the old companies, distros and packages are either gone or on life support and newer companies, distros and packages are making our wishes reality.

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#359

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…

OK, I'm trying

xrb_1rkecomb7s3c8kkg8dir9frrpxxpazm3j531jcbh7zpqoe9umdbzoi

Thanks!

Edit: tried to figure this out. There is no mining but there is something POW that it wants me to opt in to use my browser for.

Where can I read more about this (except for the source code).

Re: Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

#360

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…

xrb_35xpzipnesnc78ocsu5hqokmjkp3rpg8zgdixd6qk1uh7jm5f7ue8mmxwskw Just signed up. Thank you for sending.
Post reply on HN