Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk

Post by ryanmonroe » Fri, Dec 22, 2017, 8:35 PM UTC

chao- wrote: post #449

drcross wrote: post #300

Earlier quoted context omitted.

I'm tired of this perspective. Just because you "feel" people are in bitcoin for "the wrong reason" doesn't make it bad. Similarly if people start buying electric vehicles because they are faster than gas cars it doesn't make them "worse" than people who buy them for environment change. A lot of millenials have learned a lot about the existing financial system due to Bitcoin, even if it was initially to make a quick…

When did they leave fiat currency at all if they are using Bitcoin? Is not cryptocurrency the ultimate fiat currency? It only has worth because we all "agree" it does via supply and demand for the currency itself, rather than any backing material value. Aside from a bunch of power plants in China, I suppose? But people don't hold Bitcoin at $20,000 because they strongly believe in the material worth of the rural Chin…

Post by chao- » Fri, Dec 22, 2017, 9:08 PM UTC

ryanmonroe wrote: post #451

chao- wrote: post #449

Earlier quoted context omitted.

When did they leave fiat currency at all if they are using Bitcoin? Is not cryptocurrency the ultimate fiat currency? It only has worth because we all "agree" it does via supply and demand for the currency itself, rather than any backing material value. Aside from a bunch of power plants in China, I suppose? But people don't hold Bitcoin at $20,000 because they strongly believe in the material worth of the rural Chin…

fiat: An authoritative command or order to do something; an effectual decree.

Post by MadSudaca » Sat, Dec 23, 2017, 12:02 AM UTC

beedn wrote: post #454

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…

Would love to try, thank you! xrb_334xs6ckza9fg9pnygk519g3uyxqcurza1dfcgi5ny1odukffi1z898fuu9p

Post by MadSudaca » Sat, Dec 23, 2017, 12:03 AM UTC

decafbutter wrote: post #446

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…

Will try it out as well. Thanks in advance! xrb_3ouz8ygb6mem18s5iq4b3qbum4qznnuhujj9zqbyntcxted5ah7xej45eerx

Post by MadSudaca » Sat, Dec 23, 2017, 12:05 AM UTC

pashsoft wrote: post #439

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…

Thanks in advance, xrb_3pbqi6c4bxxs8a1fkztdsotcygikchs9jdugzsh4rf81ou6n3snxbsknkwww