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month ago. Such a move from the bank highlights how far the market has come considering a few years ago the idea of Goldman Sachs, or any other bank, toying with the idea of trading bitcoin would have been an absurd notion. Watch: VanEck calls bitcoin a 'fad then files for bitcoin ETF. On Wednesday, Goldman weighed in on the bitcoin debate with a nine-page report to clients titled "Bitcoin as Money." They've caved.

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Or an they could have paid in dollars. That same day, the price of bitcoin shot above bitcoins 0.00015841 wieviel in euro 4,000 for the first time. We will see where that goes, as Venezuela's congress has almost no muscle. This week, it was reported that Jes Staley, CEO of Barclays, had ruled out the launch of their own cryptocurrency trading desk for the moment. To some, the dollar was dying. Everyone knows more or less what they can expect from the dollar, as they can from the euro and the yen. For them, if Bitcoin is capable of facilitating transactions at a low cost or can provide better risk-adjusted returns for portfolios, then it is as good as money. Notably, though, while the Wall Street bank wont be buying or selling the coins to begin with, a team at the bank is thinking about going in that direction if it can get regulatory approval. As things stand, bitcoin is.28 on the day, according to data from CoinmarketCap. Although Jafari didn't explicitly name it, the five-wave principle of technical analysis is known as the "Elliott Wave." In July, The Elliott Wave Theorist newsletter also pointed out that bitcoin is "making a final fifth wave from six cents" after predicting the digital currency's surge.

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