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Explain to me how anyone can POSSIBLY be bullish on BTC after Goldman Sachs just shat on it
Colton Kelly
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Henry Morris
They also say there is gold at fort Knox kid
Hunter Lopez
Can someone post a link to what Goldman Sachs said today? I want to read the article, not screenshots.
Christian Wilson
If they're so smart, why did they have to be bailed out to keep from going bankrupt?
Charles Scott
rocktards literally BLOWN THE FUCK OUT
asses completely prolapsed and gaping
Jackson Perry
Aiden Barnes
(((goldman sachs)))
Ryan Wood
I always trust public statements from Goldman Sachs.
Angel Gomez
If only you knew how bullish this is
Jose Perry
so? they just shat all over it and its nearing a 5% pump today with no signs of it stopping
kek imagine trusting some old jewish boomer bankers they just want the best for you
Liam Johnson
These dumb retards didn't bother to look that crypto has been classified as property for half a decade and not a security? What kinds of retards does GS hire these days?
Luke Martin
Wtf I wanna buy crypto now
Joshua Garcia
My family is in finance and itbis incredible how many young rich retards work for places like Merril Lynch, Goldman, etc. Lots of nepotism.
Jackson Campbell
I don’t doubt it
90% of people don’t pay attention and by extension are retards
Rich people are just well dressed retards... btw were those ((people)) Part of a specific Group
Evan Howard
The 87 comment is a bit weak though
Luke King
goldman sachs has been shitting on it for 10 years and it went from cents to 20k
Dominic Wright
They are taking a page out of the link marine playbook and fudding so they can accumulate
Michael Murphy
We've been doing this LONG before you fucking linkies came along retard.
Bentley Perry
chainlink invented trading fiat currency for digital assets
Landon Powell
Aragon Court (ANJ) is the real deal. Aragon is reinventing organizations and governance. With backers like Tim Draper and Brian Armstrong (Coinbase CEO), this thing is gunna moon soon.
10-50x this year.
Buy ANJ on Uniswap: v1.uniswap.info
Jaxon Robinson
They have been known to do the opposite of their public assessments. It should be illegal unfortunately
Josiah Hughes
This. You're all a bunch of newfags if you're not already aware that Goldman publishes the EXACT OPPOSITE of the advice that they're acting on.
Jason Gray
Oh yes those cunts are exactly the people you should be trusting. I bet they are accumulating, honestly. Remember Jamie Dimon.
Mason Lewis
Maybe because historically they have 100% done the opposite of what they tell others.
Gabriel Moore
ALWAYS
DO
THE
OPPOSITE
Aaron Mitchell
>Does Not Generate Cash Flow Like Bonds
Neither does gold, bitcoin is a commodity
>Does Not Generate any Earnings Through Exposure to Global Economic Growth
Neither does gold, bitcoin is a commodity
>Does Not Provide Consistent Diversification Benefits Given Their Unstable Correlations
Literally just wrong. Bitcoin being the most uncorrelated asset is a diversification strength, not a weakness. This is why at least 1% of every portfolio should be in bitcoin
>Historical Volatility of 76%
You can't have the monumental gains of bitcoin without volatility, it's a feature not a bug. That's why at least 1% of every portfolio should be in bitcoin.
>March 12, 2020, the price of Bitcoin fell 36% in one day
Literally citing Black Thursday where every market in the world recorded their largest single-day percentage fall in over 30 years. Bitcoins tenacity and recovery here demonstrates strength, not weakness.
>Does Not Show Evidence of Hedging Inflation
Bitcoin is the only inherently and deterministically deflationary asset in the world. Also the best performing asset so far.
>We believe that a security whose appreciation is primarily dependent on whether someone else is willing to pay a higher price for it is not a suitable investment for our clients
Then why do you believe in real estate and precious metals?
This is quintessential boomer-tier FUD
Landon Rivera
>tells investors everything is fine in 2008
>shorts the market
>tells you BTC is trash
>buys it up and opens a trading desk
"Goldman Sachs to Open a Bitcoin Trading Operation"
youtu.be
at this point is like you people love to be shat on, it's incredible. social engineered economic raping consent.
same with politics etc etc etc
Ryan Young
Do the opposite of what big banks say and you'll be fine. simple as
Asher Evans
pwned
Xavier Myers
Who-man who?
Bentley Young
those slides were made by a 12 year old
probably a child from one of the CFOs
Ethan Diaz
The fucking kike brothers over here also said tech stocks were a terrible investment right before those stock blew the fuck up and made a few lucky people incredibly wealthy. You do the math. They know people listen to what they have to say, why would they say things that are truthful if they have something to gain from lying their asses off?
James Nelson
whole market is gonna go down with BTC. ETH will rise from the ashes. Along with the favorite of this board...