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Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash - Investment (2) - Nairaland

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Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by RPG2020(m): 9:22pm On Jan 29, 2022
FreeStuffsNG:
Mad man says "sense comes hour by hour".

Cryptocurrency itself is a fraud, Ponzi and financial mania.

It's monkey business cool
CBN is right, there's no stable coin anywhere It's all fraud! They are feeding fat on the ignorance and greed of cunny sense folks cool

https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

CBN should go extra step to protect our economy against the cryptocurrency fraud.
The banks are still enabling this fraud called cryptocurrency and the CBN can't continue to watch international fraudsters ruin our citizens.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.



This is called come and marry

If you don't gerrite forgerrite

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by nextstep(m): 9:24pm On Jan 29, 2022
helinues:
You can't compare Crypto with ponzi. Crypto is more like stock exchange where the price fall and rice.

In Crypto, you are in Control of your money not that you will need admin access to grant you to make withdrawal like Ponzi.

Most e-currencies are good when they are still young. BTC would still catch up to $45k at least before the year would run out

Stocks - although they can be overvalued by irrational investors - represent an actual thing: a company with real products, serving a real market. Cryptos are gambling: there's no intrinsic value and the only reason it goes up is because people think it will. There have been enough trade-freezes on Bitcoin to make you realize that ultimately, you're not in control of it (as in, you can't sell it because the exchanges aren't exchanging).

All the arguments in attempts to legitimize cryptos are just bunkum, in my opinion.

1. It's "independent of government"; but governments can ban trading in it, and/or ban the mining of it. Everytime there's some announcement about tightening controls, it falls. It's nearly 45% off it's high in November. What kind of independent coin is this?

2. It will replace currency. So I could buy three camry's for 1 bitcoin in November, but only two in January? What kind of nonsense currency is that?

3. It's a great asset that will continue climbing: The best of bitcoin has happened. At the very best it may hit $100k, or crash to $6k. One never knows.

Treat it as a gamble, like the risky thing it is.

14 Likes 3 Shares

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Aaaq: 9:24pm On Jan 29, 2022
Oh
Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Iruobean(m): 9:24pm On Jan 29, 2022
undecided
Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Horla1000: 9:26pm On Jan 29, 2022
Just passing by..... grin grin

Las las we go dey alright, scam everywhere...

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by CocaineLord(m): 9:26pm On Jan 29, 2022
Crypto made a lot of people rich last year.

My cousin made over £4 million last year alone on Altcoins

But it's a very risky investment even though you have knowledge of it

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by ImDStar: 9:26pm On Jan 29, 2022
Crypto is not a scam. Period
Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Winters23: 9:27pm On Jan 29, 2022
helinues:
Toh

Btc now $37k. It was over $50k last year for months

It was also less than $10k in 2020

If you don’t gerrit forget about rit

2 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Damibiz(m): 9:29pm On Jan 29, 2022
Okay.,....we are watching,lemme grab ma popcorn and rest
Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by chronique(m): 9:30pm On Jan 29, 2022
FreeStuffsNG:
Mad man says "sense comes hour by hour".

Cryptocurrency itself is a fraud, Ponzi and financial mania.

It's monkey business cool
CBN is right, there's no stable coin anywhere It's all fraud!
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

International fraudsters and scammers are feeding fat on the ignorance and greed of cunny sense folks cool


CBN should go extra step to protect our economy against the cryptocurrency fraud.
The banks are still enabling this fraud called cryptocurrency and the CBN can't continue to watch international fraudsters ruin our citizens.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.


Well said. Same thing I have been telling people.

3 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by helinues: 9:31pm On Jan 29, 2022
nams77:

Which coin is low and have good prospect?

Should Elon Musk succeed with his space shuttle flight, Baby dodge coin should be the future real deal. Investors are monitoring the process

2 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by dictbennie(m): 9:31pm On Jan 29, 2022
FreeStuffsNG:
Mad man says "sense comes hour by hour".

Cryptocurrency itself is a fraud, Ponzi and financial mania.

It's monkey business cool
CBN is right, there's no stable coin anywhere It's all fraud!
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

International fraudsters and scammers are feeding fat on the ignorance and greed of cunny sense folks cool


CBN should go extra step to protect our economy against the cryptocurrency fraud.
The banks are still enabling this fraud called cryptocurrency and the CBN can't continue to watch international fraudsters ruin our citizens.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.


Load of rubbish. So, the stock market too is ponzi? It's better to stay clear topics you don't know about.

6 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by sammirano: 9:32pm On Jan 29, 2022
Fuckjesusandgod:
OP doesn't know a jack shit about crypto. This your ignorance stinks mehn! If you know the man Goldman Sachs and what he stands for, try read o. The man will always be a crypto critic because it's affecting his business, people are diversity from gold and using btc as a store of value, btc is the digital gold. We know you ass lick Buhari, seems you're becoming lifeless like him zombie grin

You are wrong bro. If you are in the space and you hear institutions. These guys are hugely invested.

4 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by authority2006(m): 9:33pm On Jan 29, 2022
Albert0011:
Lite coin i used my last card to buy last year comes to mind o. cry

Can you share the experience?
Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Sammy101111(m): 9:34pm On Jan 29, 2022
I received $17,000 1:30am and i slept i did not sell the btc instant because my vedndor was offline and he is the only one i trust so i slept off and woke up by 7:30am that same day btc as dropped to $12,000( from $17,000 i could not cry i was sober

2 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by authority2006(m): 9:34pm On Jan 29, 2022
dictbennie:


Load of rubbish. So, the stock market too is ponzi? It's better to stay clear topics you don't know about.

Stock market is based on real products and services. Crypto is just speculation, nothing more

5 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by LOVEGINO(m): 9:36pm On Jan 29, 2022
helinues:
Toh

Btc now $37k. It was over $50k last year for months
dis one don miss road o.

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by manchyme: 9:37pm On Jan 29, 2022
Rubbiish:
Why does this forum promote so much negativity about crypto? We don't get to see the positive news on front page about crypto! There should be a balance!

This forum will warn you and if you refuse to listen, you will eventually regret it. I have witnessed many of such here. Know this and know peace.

6 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Achor1111(m): 9:38pm On Jan 29, 2022
Bitcoin is going down to $30k, then buyers can come in.

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by GRACEGLORY: 9:38pm On Jan 29, 2022
helinues:


You can't compare Crypto with ponzi. Crypto is more like stock exchange where the price fall and rice.

In Crypto, you are in Control of your money not that you will need admin access to grant you to make withdrawal like Ponzi.

Most e-currencies are good when they are still young. BTC would still catch up to $45k at least before the year would run out


A fool flatters himself, a wise man flatters the fool. You should have just ignored that guy, he’s somewhat a fool.

He doesn’t know “Learning how cryptocurrency works is like learning a new language. It is incredibly difficult at the beginning, but once it clicks it will stick with you forever.” Blockchain is moving beyond cryptocurrency, and it's worth paying attention

7 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by talk2maurice(m): 9:39pm On Jan 29, 2022
After reading the story and going through all the comments, I still see the light at the end of the tunnel

Crypto. Way to go.

4 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by GRACEGLORY: 9:41pm On Jan 29, 2022
talk2maurice:
After reading the story and going through all the comments, I still see the light at the end of the tunnel

Crypto. Way to go.


Thass my man
Blockchain is moving beyond cryptocurrency, and it's worth paying attention

3 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by authority2006(m): 9:41pm On Jan 29, 2022
Fuckjesusandgod:
OP doesn't know a jack shit about crypto. This your ignorance stinks mehn! If you know the man Goldman Sachs and what he stands for, try read o. The man will always be a crypto critic because it's affecting his business, people are diversity from gold and using btc as a store of value, btc is the digital gold.

The same lie you guys used to hoodwink people into losing billions of naira to MMM, telling people that MMM was affecting FG, CBN and conventional banks profits. Where did it get you?

[s] We know you ass lick Buhari, seems you're becoming lifeless like him zombie [/s] grin

You people can't simply stay focused on the point without going off track!

4 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Nobody: 9:42pm On Jan 29, 2022
FreeStuffsNG:
Mad man says "sense comes hour by hour".

Cryptocurrency itself is a fraud, Ponzi and financial mania.

It's monkey business cool
CBN is right, there's no stable coin anywhere It's all fraud!
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

International fraudsters and scammers are feeding fat on the ignorance and greed of cunny sense folks cool


CBN should go extra step to protect our economy against the cryptocurrency fraud.
The banks are still enabling this fraud called cryptocurrency and the CBN can't continue to watch international fraudsters ruin our citizens.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.

According to an Oxford University researcher, "Cryptocurrency is a fraud worse than a Madoff stye Ponzi
https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0

Please stay off the fraud.

This one na mumu

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Sailor1: 9:43pm On Jan 29, 2022
The last time we had a multiplicity of such news hit frontpage was May last year when bitc0in was at 30k. We all know what the c0in did afterwards

3 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Fuckjesusandgod: 9:44pm On Jan 29, 2022
Don't be surprised, if they are in, they are in to destabilize the market and for the short term. Goldman Sachs have always been a cup to critic.

sammirano:


You are wrong bro. If you are in the space and you hear institutions. These guys are hugely invested.

1 Like 1 Share

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by planetx: 9:47pm On Jan 29, 2022
Let Bitcoin crash to 3k and Eth to $100 like it did in 2020 before rebounding to 66k and 4k so I can pick up a couple. Because Btc is going to be a $1million per coin in the future but before then we might hit 100k this year

2 Likes 1 Share

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by authority2006(m): 9:47pm On Jan 29, 2022
GRACEGLORY:



A fool flatters himself, a wise man flatters the fool. You should have just ignored that guy, he’s somewhat a fool.

He doesn’t know “Learning how cryptocurrency works is like learning a new language. It is incredibly difficult at the beginning, but once it clicks it will stick with you forever.” Blockchain is moving beyond cryptocurrency, and it's worth paying attention

Stop referring to another person as a fool for expressing his opinion on the topic. If you have any meaningful contribution to make, let's hear you. But you won't learn until you receive a ban.
BTW: even Naira is more stable than crypto currency. Lol

5 Likes

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by kumulus(m): 9:57pm On Jan 29, 2022
nams77:

Which coin is low and have good prospect?


I think Ethereum would outperform BTC, I'll look to buy some when it dios $1350.


***NOT A FINANCIAL ADVISE

1 Like

Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by sweetTai(m): 10:03pm On Jan 29, 2022
This crypto currency crap will hurt a lot of people. It’s a rigged system to enrich some investors.
Re: Goldman Sachs Suddenly Issued A Crypto Price Warning After Huge Bitcoin Crash by Nobody: 10:04pm On Jan 29, 2022
FreeStuffsNG:

Cc Seun Mynd44 Lalasticlala

Cry
The truth
Posting lies upandan

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