Why Goldman Sachs Bought Poloniex

in life •  3 months ago  (edited)


Goldman Sachs the investment banking company recently bought Poloniex one of the largest crypto exchanges on the planet. The purchase is leading everyone to wonder why on Earth would Goldman Sachs an investment bank and services company with no hand in crypto up and buy one of the largest exchanges and what on earth will they do with it? Could it be that they are looking to manipulate the crypto market the same way that they've allegedly manipulated the stock market for so many years? Are they going to manipulate the exchanges by buying up coins to send prices flying up then selling off coins to send prices crashing down? All the while profiting on both ends? Could Goldman Sachs be responsible for the not so long ago manipulation of Bitcoin that we’ve seen where we witnessed the price of Bitcoin fall more than $700 in a day because one wallet sold 25,160 Bitcoin which translated to over 200 million USD? This past May and June have had speculative moves in Bitcoin where big wallets bought & sold heavily, moving the price of Bitcoin and manipulating the market. Could this have been Sachs doing test runs? I personally believe that the answer is yes to the above questions and I don’t believe that Goldman Sachs bought an exchange to play nice. We need to work together as a community to figure this out, together let’s talk down below. What does Goldman Sachs have up their sleeve?


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This post was resteemed by @steemvote and received a 99.8% Upvote. Send 0.5 SBD or STEEM to @steemvote

Goldman sucks.

Posted using Partiko Android

LOL. My sentiments exactly!

Poloniex stopped evolution.

@restmode purchased a 100.00% vote from @promobot on this post.

*If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com

You got a 72.88% upvote from @brupvoter courtesy of @restmode!

You got a 11.18% upvote from @spydo courtesy of @restmode! We offer 100% Payout and Curation. Thank you.

You got a 19.89% upvote from @luckyvotes courtesy of @restmode!

You got a 83.33% upvote from @upvoteturtle. Thank you very much for using this upvote service. 😍
We would be very happy about a delegation to grow and increase the maximum upvote!😉
10SP 20SP 50SP 100SP 200SP
This voting Bot pays 100% out to all Delegators and gives an upvote Revenue of 130%
Transfer an amount between 0.001 - 0.01 SBD/Steem to @upvoteturtle with the Post Link as Memo.