OH NO NO NO THIS IS ACTUALLY REALLY BAD NEWS ISNT IT?

Why would Goldman be changing their mind. What do they know?

zerohedge.com/news/2018-09-05/cryptos-crash-goldman-suspends-trading-desk-plans

Attached: 621D85DD-2504-4DD0-9CF0-93F85F3BF89F.jpg (800x748, 67K)

They know crypto is a dead end.

they know they are to late.
Conpare the numbers Binance made already 1B$ profite this.
Compare that with the little gains of 250m$ from deutsche bank or 32B$ from GS

they don't know anything, they just follow the hype if there is money to be made. well, now they understand that the hype (and crypto) is dead, so they pulled out.

They are not ditching crypto, they will be offering a custody solution for other big wall street players.

Attached: 0413_StockMarket-696x457.jpg (696x457, 48K)

They realized ICE was making the right move and changed their plans

They'll basically go back to being complete middlemen, offering zero value and making a shitload of profit for it.

Also they won't even try trading a rigged market, they will just be offering goys a golden oportunity to be buying tripple A dogshit like they did in 2008.

>be goldman
>sell TRX to normies
>normies lose money
>you already made a profit you don't give a fuck

Attached: asstro.jpg (400x400, 64K)

>Middlemen provide no value
>Are paid well by many to provide the service of being a middleman
>Still somehow that isn't providing value

They probably planned this from the start, the bullish news was used to pump the price at that point and nothing else.

use your head on this one

bitcoin crashes and 10 minutes later this article comes out (check the timestamps).

it was literally 10 minutes later. the whole article is shite.

>What do they know?
that if they show concern it'll lower price then they can buy and show support to increase value, not many regulations on crypto

Yeah they pulled out because of all the shitposting on Jow Forums related to this asset. A buddie of mine work at Sacks

I think what they know is that the volume is not there for them to make $$BILLIONS$$ of profit.

Compared to the stock market, crypto doesn't have one tenth of the value of just two comapnies apple and amazon.

It's just too small for (((goldman sachs))) to get in right now.

Are ticket scalpers providing value?

This basically. Why would they touch crypto when they already know how to play the stock market so well?

It's terrible. DUMP everything now.

I bet they shorted it befor the announced the news...

cant beat the big money bois

Didnt they buy Poloniex?

typical jew fud lol

DUMP right into goldman orders

how do I report goldman to the SEC for insider trading?

>writes an article in

Attached: 55F4D4D6-8144-47D1-94F0-5F33A346F52D.jpg (1024x1024, 430K)

The ETF will be denied on the 30th, game over and they know it.

Lol