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RE: Hahahah
A bit of a misconception, wall st is highly regulated, so holding bitcoin they have to report it -- i will be interested to see GS 13F filing which i believe is due out now, as well as their earnings report. Wall st. wasn't buying high that i know. Some of the firms put out targets and we are just in their ranges.
But if they have to report bitcoin holdings and profits wouldnt we automatically assume that they probably arent being very honest? I only know that in the case of wall st they play by the "rules" how ever the federal reserve does not and sets them up to make the money that they do. The fed appears to be regulated but its very much not and they are very much feeding wall st atleast thats how i see it anyways i could be wrong and i could be a conspiricist but i do think there is some collusion going on and the recent adaptation of blockchain and crypto currency on the mainstream had to have more then just tickled their fancies. Were theres money youll find the same people
May I advise to stay away from the conspiracy theories against wall st.... to be honest a lot of the ideas that circulate around US equity trading firms is balogne, can't fake math. The Federal Reserve, well they had to put the capital up to prevent a massive and global evaporation of wealth....if thats conspiracy well.... The whole 2008 financial crisis was just stupidity and greed, yes a lack of oversight, but its there now. Long story short, conspiracy theories won't make you money in crypto or equities you have to stick to facts.