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Author Topic: Wall Street to get into the Bitcoin business?  (Read 1723 times)
KMBTC11 (OP)
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July 27, 2011, 06:50:52 PM
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Interesting blog ... but doubtful IMO:  Goldmen Sachs Shares Surge On Announcement of Bitcoin Trading Unit (link)

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July 27, 2011, 06:53:55 PM
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I question the authenticity when they mention World of Warcraft gold.

WOW gold is explicit property of Blizzard... you can't openly trade it if you're a ligit company.  Goldman Sachs wouldn't touch that...

But I guess there are people dumb enough to suggest bitcoin is the same as WOW gold.

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July 27, 2011, 06:59:57 PM
 #3

That site is full of spoofs  Grin

I wouldn't be surprised if hedge funds went into virtual currency trading eventually. But GS? no Smiley

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July 27, 2011, 07:07:01 PM
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I can't help but doubt the authenticity of a blog that spells Goldman Sachs incorrectly

Their title "Goldmen Sachs Shares Surge On Announcement of Bitcoin Trading Unit"


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July 27, 2011, 07:07:21 PM
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That is the funniest article I have read in a while.... spoof sites are funny...


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KMBTC11 (OP)
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July 27, 2011, 07:09:14 PM
Last edit: July 27, 2011, 07:23:17 PM by KMBTC11
 #6

That site is full of spoofs  Grin

I wouldn't be surprised if hedge funds went into virtual currency trading eventually. But GS? no Smiley

I should add the following disclaimer:  I did no vetting of, research on or otherwise investigated the blog site.  It could be anything from Warren Buffets own personal blog or that of Micky Mouse's.  I always assume information is invalid until I have a chance to perform research on my own and you should too.

Just an interesting thing that pinged on the Google Alerts for Bitcoin so I passed it on.  Enjoy!
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July 27, 2011, 07:10:06 PM
 #7

next up from GS:

cookie default swaps.

"Hey - we saw a good financial opportunity for GS in the girl scout market.  and we're thinking of making them change the name of their organization:  we've trademarked the initials 'GS'"
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July 27, 2011, 07:12:30 PM
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That site is full of spoofs  Grin

I wouldn't be surprised if hedge funds went into virtual currency trading eventually. But GS? no Smiley

I should add the following disclaimer:  I did not vetting of, research on or otherwise investigated the blog site.  It could be anything from Warren Buffets own person blog or that of Micky Mouse's.  I always assume information is invalid until I have a chance to perform research on my own and you should too.

Just an interesting thing that pinged on the Google Alerts for Bitcoin so I passed it on.  Enjoy!

HAHA, way to cover your ass!
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July 27, 2011, 07:12:38 PM
 #9


I can't help but doubt the authenticity of a blog that spells Goldman Sachs incorrectly

First thing I noticed too.  Didn't even bother clicking the link.

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July 27, 2011, 07:35:05 PM
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As usual, Google knows all:

News for Goldman Sachs bitcoin

   
Goldmen Sachs Shares Surge On Announcement of Bitcoin Trading Unit
Unconfirmed Sources (satire) - 4 hours ago
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July 27, 2011, 07:41:59 PM
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http://i807.photobucket.com/albums/yy352/KudaMuda/Fark/Untitled.png
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July 27, 2011, 07:43:00 PM
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There you go, see that surge at 3:30?
Yankee (BitInstant)
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July 27, 2011, 07:44:25 PM
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There you go, see that surge at 3:30?

++++++++ LOL

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July 27, 2011, 07:50:51 PM
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  <meta name="description" content="Unconfirmed Sources Online Edition:  Political Satire and Humorous News parodies." />
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July 27, 2011, 07:54:25 PM
 #15

having traded markets for years i wouldn't be surprised if this rumor turns out to be true.

if there's anything you learn about Wall St is that they'll make a market in anything if there's money to be made.

i'm sure Bitcoins rise has caught their attention at the very least.  i could see them setting up a derivatives desk based on trading Bitcoin.  these are just side bets on an underlying commodity anyways.  don't need to own the underlying reference asset.
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July 27, 2011, 07:59:25 PM
 #16

http://i807.photobucket.com/albums/yy352/KudaMuda/Untitled-1.png

Glad I jumped in before the rally.  I'll be getting my burrito all the way tonight!
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July 27, 2011, 08:07:34 PM
 #17



Glad I jumped in before the rally.  I'll be getting my burrito all the way tonight!

Wow, one hell of a rally, even the chart couldn't make up its mind to show the price in red or green
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