If this holds true then all of the people who think that bitcoin has topped out and that there's no money left to be made would be....wrong?
I think a more likely answer than a crystal ball would be that Goldman Sachs has a hand in shaping monetary policy. Their "predictions" seem to be more often accurate than not.
Good point. I think that is especially true in "smaller markets" like say a crypto market where they can influence things a bit more. They certainly have enough money to drop the price and then get it rallying again if they should chose to...
I'm waiting for them to start selling "paper" crypto like they did with gold.
Crypto certificates? :)
They are managing to sell gold certificates. From what I understand, there are about 10X more certificates sold than there is gold. Why not crypto too?