[Karen37a]

Goldman Sachs is on the verge of giving bitcoin their seal of approval (hopefully). Once that happens, you'll start seeing mass adoption and then the price will take off!

** new point-counterpoint person...hmmm

Goldman said that they would have a sperate division for cryptocurrency Jamie Dimon who coined bitcoin a fraud, also said its like tulip mania

“The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.”

“It is worse than tulips bulbs,” Dimon said, referring to a famous market bubble from the 1600

Others disagree.Someone see it as a great investment and creating a hedge fund.

I see it from a quantitive analysis side and qualitative. and to make something out of the air and call it a currency is insane. But as long as someone is willing to buy it, it stays afloat.

They are using it for money laundering purposes, huge drug transactions, money in money out no taxes and as soon as the Govt gets ahold of it POOF ...its loses its main attraction.

Its dangerous in my opinion ...but mine away...people can make money during bubbles...maybe it gets backed by something one day like the dollar was with gold...doubt it.( becausse someone trades something of real tangible value for air)

Again too big a concept for me to wrap my mind around...like infinity and the big bang how did it start, what was there before it