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cr1776
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Activity: 4214
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December 29, 2013, 12:18:39 AM |
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That is good news and a great find!
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black_swan
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December 29, 2013, 01:46:42 AM |
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Not sure if this is a good news (read the article) or a bad news (check comments to the original article)
Anyway,circle is supposed to be a very good service, well planned and with the necessary funds, not the same half baked crap.
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empoweoqwj
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December 29, 2013, 03:40:51 AM |
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This is excellent news. When the US gets really serious about bitcoin (2014?), we will see $2000 to $3000 per coin very easily. |
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oakpacific
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December 29, 2013, 08:41:51 AM |
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Time to create subprimecoin  |
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jinni
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December 29, 2013, 12:01:35 PM |
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Time to create subprimecoin Already happened...it's called Ripple  |
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oakpacific
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December 29, 2013, 01:18:13 PM |
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Time to create subprimecoin Already happened...it's called Ripple Yeah, when you think about it...XRP vs XPM, lol |
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cr1776
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December 29, 2013, 01:47:32 PM |
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Time to create subprimecoin Already happened...it's called Ripple How long until it needs a bailout? |
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bryant.coleman
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December 29, 2013, 03:06:12 PM |
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You think that this is a positive news? I don't think so. Goldman is trying to destroy Bitcoin, from the inside.  |
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TraderTimm
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December 29, 2013, 07:26:01 PM |
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You think that this is a positive news? I don't think so. Goldman is trying to destroy Bitcoin, from the inside. More likely, they did their homework and realize that there's money to be made. Yes, there will be a lot of revenue to be had before all the old "bad" money is converted into "good" Bitcoin money. They're also hastening their own demise if they don't switch over as well. |
fortitudinem multis - catenum regit omnia
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marcus_of_augustus
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Activity: 3920
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Eadem mutata resurgo
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December 29, 2013, 07:52:47 PM |
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Why would anybody want/need approval from Goldman Sachs ... haven't they overtly subverted the US legislative system and destroyed vast tracts of the economy in their wanton lust for power over others and insanely greedy, short-sighted financial rapings?
Yes, let's welcome the scourge of the planet to bitcoin .... wtf?
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jinni
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December 29, 2013, 09:27:09 PM |
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Time to create subprimecoin Already happened...it's called Ripple How long until it needs a bailout? Ripple is all well and good (apart from their premined coins) until we have a systemic collapse. A systemic collapse would make default ripple through Ripple just like a malignant cancer spreads to every crevice of a body, you cannot finance development with anything except innovation. |
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nastybit
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December 29, 2013, 09:29:47 PM |
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You think that this is a positive news? I don't think so. Goldman is trying to destroy Bitcoin, from the inside. More likely, they did their homework and realize that there's money to be made. Yes, there will be a lot of revenue to be had before all the old "bad" money is converted into "good" Bitcoin money. They're also hastening their own demise if they don't switch over as well. Totally agree with this, if there is money to be made why stay behind and leave others do what they can do? It was an obvious choice imho |
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oakpacific
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December 30, 2013, 02:28:46 AM |
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Why would anybody want/need approval from Goldman Sachs ... haven't they overtly subverted the US legislative system and destroyed vast tracts of the economy in their wanton lust for power over others and insanely greedy, short-sighted financial rapings?
Yes, let's welcome the scourge of the planet to bitcoin .... wtf?
Because Goldman is good, not morally good of course, but good at what they do. They saw the subprime crisis coming and was able to make billions by trading against the market. Many of us believe that a systematic crisis will eventually befall on the old system, but if anyone is able to time it and trade to profit from it, it's probably GS. |
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empoweoqwj
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December 30, 2013, 02:36:29 AM |
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Time to create subprimecoin Already happened...it's called Ripple How long until it needs a bailout? Ripple is all well and good (apart from their premined coins) until we have a systemic collapse. A systemic collapse would make default ripple through Ripple just like a malignant cancer spreads to every crevice of a body, you cannot finance development with anything except innovation. Ripple is thankfully ... dead in the water. |
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Carlton Banks
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December 30, 2013, 02:53:10 AM |
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You think that this is a positive news? I don't think so. Goldman is trying to destroy Bitcoin, from the inside. More likely, they did their homework and realize that there's money to be made. Yes, there will be a lot of revenue to be had before all the old "bad" money is converted into "good" Bitcoin money. They're also hastening their own demise if they don't switch over as well. Yep, they've gotta wake up sometime, just like everyone else. We're not unique in our ability to fathom the game-changing nature of the satoshi-model cryptocurrencies, even if the big firms see it only as a potential disruptive change right now. So moves like this can be interpreted as both acknowledgment of the potential as well as the unfurling of the infamous vampire squid tenticles. I think it's important to recognise why this angle is being used. Likely the data mining aspect IMO. And so I'm unlikely to be using Circle services, except under circumstances where my identity is protected. Why jump from the intrusiveness of card processors straight into the arms of people with the same underlying connections (and the connections are probably not so indirect, Goldman Sachs probably has just as much representation of one kind or another at VISA and Mastercard as they do with NSA et al). |
Vires in numeris
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MrPalmer
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December 30, 2013, 06:25:16 AM |
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Why would anybody want/need approval from Goldman Sachs ... haven't they overtly subverted the US legislative system and destroyed vast tracts of the economy in their wanton lust for power over others and insanely greedy, short-sighted financial rapings?
Yes, let's welcome the scourge of the planet to bitcoin .... wtf?
Because Goldman is good, not morally good of course, but good at what they do. They saw the subprime crisis coming and was able to make billions by trading against the market. Many of us believe that a systematic crisis will eventually befall on the old system, but if anyone is able to time it and trade to profit from it, it's probably GS. This is a very good point. GS's are good at one thing - making money! If they are getting involved, I suspect it's because they know exactly what they are doing, and have every intention of profiting. |
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marcus_of_augustus
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Eadem mutata resurgo
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December 30, 2013, 07:07:40 AM
Last edit: December 30, 2013, 07:21:48 AM by marcus_of_augustus |
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Why would anybody want/need approval from Goldman Sachs ... haven't they overtly subverted the US legislative system and destroyed vast tracts of the economy in their wanton lust for power over others and insanely greedy, short-sighted financial rapings?
Yes, let's welcome the scourge of the planet to bitcoin .... wtf?
Because Goldman is good, not morally good of course, but good at what they do. They saw the subprime crisis coming and was able to make billions by trading against the market. Many of us believe that a systematic crisis will eventually befall on the old system, but if anyone is able to time it and trade to profit from it, it's probably GS. Wouldn't it better to welcome the people that are morally good AND good at making money? If anyone is able to corrupt Bitcoin to the core it is Goldman Sachs and their fellow travellers ... Silk Road will look tame by comparison ... these guys are bad news on so many levels. Edit: it should be a good test of Bitcoin's trust no-one properties ... |
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2dogs
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December 30, 2013, 07:26:38 AM |
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Wouldn't it better to welcome the people that are morally good AND good at making money? If anyone is able to corrupt Bitcoin to the core it is Goldman Sachs and their fellow travellers ... Silk Road will look tame by comparison ... these guys are bad news on so many levels. Edit: it should be a good test of Bitcoin's trust no-one properties ... Exactly. Wouldn't trust GS - they are the kiss of death. |
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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December 30, 2013, 07:30:09 AM |
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Hey guys, this is not good or bad news, it is just a trivial bulletin... A Goldman Sachs board member (director) joints the board of "Circle Internet Financial", a startup company who offers simple payment services for businesses and consumers. No big deal... Actually, I don't see this to be of great help to the bitcoin community, She probably just want to learn more about bitcoins by being on the board, rather than to help the new start-up  |
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