Dear Steemitians
another bad experience happens to us following the crypto entustiastich fucking journalist who few months ago was promising the new crypto ride thanks to Goldman Sachs Circle company.
As i wrote in my past post, https://steemit.com/cryptocurrency/@intellihandling/now-we-know-what-goldman-sachs-has-in-mind-for-cryptocurrencies, taking this news from important online journals like cointelegraph.
So, as usual we won't to let's do to others bad experiences, and we made an account in Circle, sure we can use it at list like Coinbase or something like this, but when we made the account and deposited some money inside, when we tried out to exchange into BTC or other alt coin, we cannot find where it was, so we send an email to support service asking where it was exchange in crypto and this was their answer:
Dear Marco,
Thank you for contacting us about it.
Due to changes made in December 2016, the Circle accounts with currencies such as US dollar, British pound and euro will no longer be able to use bitcoins. This means that users with this account type can no longer perform the following actions:
- send money to bitcoin addresses
- convert the currency of your account into bitcoins
- generate a new bitcoin address to receive bitcoins on your account.
For more information on this decision and the reasons behind it, consult the new post of our co-founders on the blog: https://blog.circle.com/2016/12/06/spark-new-markets-app-messaging-and-bitcoin-changes/
Thank you for understanding
Daniel, Team Circle
What else we should say? Now we have money in this fucking shit account and we do not know how to use them, but we want to share this experience and do not trust anymore in Goldman Sachs news about cryptos, they are against them and all news with different direction are fake news, be aware!
100% upvote from @betgames worth $0.19. Visit us to get more upvotes and SBD. You will get upvotes until we recover your bets
regards,
@betgames
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That is completely disgusting but i'm really not surprised at the lengths these big centralised banks would go to to make a quick buck. The problem at the moment is that we now have had a taste of financial freedom and we like it.
Those who have joined the cryptoworld see the joy and value of peer to peer transactions and these old institutions can do as they please but eventually, we will erode them until they are no more.
The problem today is we're hooked in the current system by ease and by mindset so its going to take time to get them off this drug i like to call cheap money and stop trusting other people with your money. Trust yourself and use crypto
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Dear my friend, thank you for your deep analysis of the situation, i agree with you but the problem is always the instituction, we can be a billion using crypto, but if there is not an instituction which will make it regular, we will still in anarchy world where many honest people lost money and only few liers get profit with scams or whatever they want, so i think this leak of rules is the weak point of crypto right now...
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hi @intellihandling
Thx for your kind comment under my latest post. I appreciate.
Just checked your profile just to realize that we seem to share a number of interests :)
In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)
I know it's hard at the beginning to build solid follower base. But just don't give up. Steemits needs solid content builders.
I will follow you closely.
Cheers
Piotr
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Thank you @Piotr, is very nice to meet you in this Stemmit, but i would like to invite you in @Steem-bounty family, where we can be more close and do something good for our community too
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Im sorry dude, is there anything i can do for help?
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Dear Saul, no thank you, this is the way of the experience which is making us from crypto enthusiastic to crypto realist. The main problem is that crypto is a kind of people money and fiat money is the institutional money, so Goldman Sachs is too much institutional to be seriuos in crypto, thats why they like to make trouble in crypto market...:((
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Nice post man. @intellihandling.
I noticed you like giving to the community through @steem-bounty. You are a nice person.
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Thank you my friend, is a pleasure for me stay in this very nice family
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Family.
I like that word.
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they are also knocking off a lot of projects from poloniex. Not sure how linked circle is to these actual decisions, but it is "usually" the kiss of death to these projects
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Yes my friend, you told about Poloniex exactly what was write in this article that Godman Sachs was going to buy a big portion of Poloniex, what a fucking fake news!!
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@intellihandling has set 3.000 STEEM bounty on this post!
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Earn the bounty by commenting what you think the bounty creator wants to know from you.
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Happy Rewards Hunting!
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Congratulations to the following winner(s) of the bounty!
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Find more bounties here and become a bounty hunter.
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To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
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Traditional banks only want blockchain technology to make transactions between different banks cheaper, faster and safer, but they do not want their clients to use cryptocurrencies.
I think startups that have received investments from finance companies should not be considered reliable by default. The money invested by those companies is nothing compared to their accounts, they would just let those startups bankrupt in case things goes bad.
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Yes, We should be aware for fake blockchain..
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It is a real scam, as it is possible that it can not be changed to BTC ???
This information is good that everyone knows thanks for informing.
There are people who form a reputation, and then destroy it for a few coins, as if their word was worthless.
So, some form they should offer so that you can move your money to another site, unless it can only be used in whatever they want, to complete the scam.
I think that this crisis or downtrend of the BTC has caused many to take advantage, too much I would say.
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Hi @intellihandling!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 0.619 which ranks you at #65909 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 597 contributions, your post is ranked at #459.
Evaluation of your UA score:
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What a sorry friend, I hope it can be solved, or in this case it would be scam?
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