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RE: Now we know what Goldman Sachs has in mind for cryptocurrencies
Haha after the first two paragraphs I also immediately thought of Tether. Just a try to get a huge junk of the cake as well. No wonder big banks are finally realizing they can't stop Cryptocurrencies so they try to get involved themselves. Implementation of this "stablecoin" will dependent of the still unknown regulations in many countries.
You are very wise my friend, i hope you are right about crypto, but why this market is so down?
In my opinion the rally we saw at end of 2017, the point where crypto became widely popular and many "investors" with literally no clue about the market entered the market, lead in my opinion to an overvaluing of nearly all Cryptos after the correction hit at the start of 2018 many scare sells lead to an even longer correction which is most likely still ongoing.
So you are with my same opinion finally that this market need somebody like Goldman Sachs who can give to people the safety that this is not a bubble, you know always newspaper write it...