Bitcoin Forum

Economy => Speculation => Topic started by: StockBet.com on October 13, 2017, 10:30:00 PM



Title: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: StockBet.com on October 13, 2017, 10:30:00 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: chesthing on October 13, 2017, 10:39:36 PM
the millenials are buying it so fuck this dinasaur he will be dead soon.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: dalexc on October 13, 2017, 10:43:22 PM
Didn't he just say that he was done with bitcoin?  ??? ??? ???


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: StockBet.com on October 13, 2017, 11:19:44 PM
Old guards will never go away quietly.

They'll be kicking and screaming until the very end.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: gentlemand on October 13, 2017, 11:23:15 PM
We need to find out what his daughter's Bitcoin address is and pummel her with some extra coinage just to really get on his nerves.

I assume he's got his own address too but he's not going to reveal that for a few extra years yet. I'm also assuming he's signed up for a sig campaign on here for his idle moments.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: player514 on October 13, 2017, 11:23:46 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

He probably just wants the price to go down so he can put more of his money secretly into Bitcoin  ;D

Honestly, a lot of corporations and larger investors are probably spreading bad news in order to buy a dip that they create themselves. They're just trying to make more money by manipulating the market with the value of their words.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: john2231 on October 13, 2017, 11:41:33 PM
Yeah i believe in that he just wanted to  go force people to sell look at the price of bitcoin is decrease a bit after the jaymie Dimon says
Well those people are actually planning to push back the price of bitcoin down..
But i think it will be hard for now that bitcoin could be decrease since bitcoin is already in $5k the possible can be happen is nearly to be happen..
hope that it can affect the price of bitcoin since this is just a simple news anyone can be affected with the news.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Clairvoyance on October 14, 2017, 12:09:34 AM
the millenials are buying it so fuck this dinasaur he will be dead soon.

Having some good laugh in the morning OP. They will try to bring the price down by throwing FUD on bitcoin. He just want to buy some at a low price. Hodlers are not stupid in my opinion but rather intelligent individuals foreseeing the future of currency.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: bubblebit on October 14, 2017, 12:45:15 AM
Dimon is mentally and emotionally stressed. He should be given some medical attention by those person around him, it will be late if they don’t do something as it is a clear signs of delusional and hallucinations. Soon he will “Pay the price”, that’s literally using his own words to him.

Who would trust a man who have even violated his own word, a man with many word but no sense. He will find its way back to reality someday.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Pearls Before Swine on October 14, 2017, 12:49:31 AM
Let him blab on if he wants to.  He's entitled to his opinion, as ignorant as it is.  Remember
he's one of the ones who got us into such a frigging mess back in 2008.  His daughter has
got the right idea, so maybe she'll rub off on him eventually.

It's just words.  Bitcoin has survived negative opinion before and will do it again, I'm sure.
And it doesn't matter where the words are coming from.  Warren B bashed bitcoin, and
he's pretty well respected in the investment community.  And here we are at another all
time high.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Torque on October 14, 2017, 01:37:50 AM
Saving this here for posterity:

Quote from: Jamie Dimon, 10/13/2017
Here's a transcript of some of Dimon's comments:

    "I could care less about bitcoin. I don't know why I said anything about it. The blockchain is a technology which is a good technology. We actually use it. It will be useful in a lot of different things. Gold bless the blockchain. Cryptocurrencies, digital currencies, I think are also fine. JPMorgan moves $6 trillion around the world every day, and we don't do it in cash, it's done digitally. If it can be done digitally with the blockchain, so be it. But it will still be a dollar cryptocurrency. What I have an issue with is a non-fiat cryptocurrency. So crypto sterling, euro, yen, they are all fine. I don't personally understand the value of something that has no actual value. You all can do whatever you want and I don't care.

    "I could care less what bitcoin trades for, how it trades, why it trades, who trades it. If you're stupid enough to buy it, you'll pay the price for it one day. I've also told people that it can trade at $100,000 before it trades to zero. Tulip bulbs traded for $75,000 or something like that.

    "The only value of bitcoin is what the other guy'll pay for it. Honestly I think there's a good chance a lot of the buyers out there are out there jazzing it up every day so that maybe you'll buy it too, and take them out.

    "I quite mean that by the way. People are very good at manipulating the press these days and getting news out. Every day, you have CNBC, nonstop bitcoin — Who cares about bitcoin? The world economy's so big, JPMorgan alone, $6 trillion, we move all this money, and bitcoin in total, all these currencies, $50 billion dollars, maybe a billion dollars trades a day.

    "The other thing I've always [said] about bitcoin, governments — and this is not a technological statement — governments are going to crush it one day. Governments like to know where the money is, who has it and what you're doing with it, in case you haven't noticed. Right?

    "And governments like to control their currency, like to control their own economy. So China's already put curbs on it. Japan, they say Japan accepted bitcoin. No they didn't. What I gather Japan did was they call it J-coin. It's a yen cryptocurrency. It's not a non-fiat [digital currency].

    "People have said legitimately ok, it's close to gold. Not really. Gold is limited, it's been around for along time. [People also say bitcoin is] close to a fiat currency. Not really. A fiat currency is when a government says this is your legal tender, you have to give it and accept it.

    "And a central bank — of course they can misuse it. The central bank [can also] inflate it. So there is a use case for bitcoin. If you live in Venezuela, North Korea, if you're a criminal, great product. I mean that. It's better than cash or deposits in that country. Cuba.

    "But this is the last time I'm ever going to answer questions about bitcoin because I really don't care.

    "When I made that 'stupid statement' [calling bitcoin a] fraud, my daughter sent me an email saying, 'Dad, I own two bitcoins.' My formerly smart daughter."


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: baronious on October 14, 2017, 03:14:52 AM
This means that bitcoin is on the right track.  Bankers are getting more and more scared and it shows.  I don't even get mad at these comments anymore.  Just look at what they say and know that the truth is the opposite of what they say.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: sharanelcsy on October 14, 2017, 05:12:48 AM
At the start of 2017 bitcoin was 15bn dollar . now it's 50.
He's a ignorant see the rise of this. He thinks for 5 years it will be always 50 billion dollar market. lol.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: ASHLIUSZ on October 14, 2017, 05:22:26 AM
Such kind of statements gets revealed quite often from top management personalities. This needs to be understood by the people and should not get into panic. Till date all that's been put forth by several people have been overcome and has reached such a high level. When buyers are stupid, he too is stupid.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: timerland on October 14, 2017, 05:37:46 AM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

Right now investing wouldn't be such a good idea as before. He's wrong in the way that he expresses his hatred towards bitcoin with no apparent justification, but i do think that investing now could potentially lead to small if not negative profits.

It's just too much of a risk to take atm.

If you want to accumulate then do it after the dip. 20% gains in a day will always be followed by a dip.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Anthonyxx on October 14, 2017, 07:42:27 AM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

Lol I just watched the video.In the beginning,for someone uninformed,he even seems credible.
But that little detail in the end,in which he indirectly calls his daugher stupid for owning 2 bitcoins,is an obvious sign he is purposely exaggerating and humiliating
everything bitcoin related.
It actually gives you a hint he is kinda afraid of bitcoin being too popular.
Remember,half of the things he said in the videos are lies,and these kind of people never do or say anything without a reason or a motive,
especially if they're genuinely not interested in something,as he says.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: rjclarke2000 on October 14, 2017, 07:56:09 AM
Saving this here for posterity:

Quote from: Jamie Dimon, 10/13/2017
Here's a transcript of some of Dimon's comments:

    "I could care less about bitcoin. I don't know why I said anything about it. The blockchain is a technology which is a good technology. We actually use it. It will be useful in a lot of different things. Gold bless the blockchain. Cryptocurrencies, digital currencies, I think are also fine. JPMorgan moves $6 trillion around the world every day, and we don't do it in cash, it's done digitally. If it can be done digitally with the blockchain, so be it. But it will still be a dollar cryptocurrency. What I have an issue with is a non-fiat cryptocurrency. So crypto sterling, euro, yen, they are all fine. I don't personally understand the value of something that has no actual value. You all can do whatever you want and I don't care.

    "I could care less what bitcoin trades for, how it trades, why it trades, who trades it. If you're stupid enough to buy it, you'll pay the price for it one day. I've also told people that it can trade at $100,000 before it trades to zero. Tulip bulbs traded for $75,000 or something like that.

    "The only value of bitcoin is what the other guy'll pay for it. Honestly I think there's a good chance a lot of the buyers out there are out there jazzing it up every day so that maybe you'll buy it too, and take them out.

    "I quite mean that by the way. People are very good at manipulating the press these days and getting news out. Every day, you have CNBC, nonstop bitcoin — Who cares about bitcoin? The world economy's so big, JPMorgan alone, $6 trillion, we move all this money, and bitcoin in total, all these currencies, $50 billion dollars, maybe a billion dollars trades a day.

    "The other thing I've always [said] about bitcoin, governments — and this is not a technological statement — governments are going to crush it one day. Governments like to know where the money is, who has it and what you're doing with it, in case you haven't noticed. Right?

    "And governments like to control their currency, like to control their own economy. So China's already put curbs on it. Japan, they say Japan accepted bitcoin. No they didn't. What I gather Japan did was they call it J-coin. It's a yen cryptocurrency. It's not a non-fiat [digital currency].

    "People have said legitimately ok, it's close to gold. Not really. Gold is limited, it's been around for along time. [People also say bitcoin is] close to a fiat currency. Not really. A fiat currency is when a government says this is your legal tender, you have to give it and accept it.

    "And a central bank — of course they can misuse it. The central bank [can also] inflate it. So there is a use case for bitcoin. If you live in Venezuela, North Korea, if you're a criminal, great product. I mean that. It's better than cash or deposits in that country. Cuba.

    "But this is the last time I'm ever going to answer questions about bitcoin because I really don't care.

    "When I made that 'stupid statement' [calling bitcoin a] fraud, my daughter sent me an email saying, 'Dad, I own two bitcoins.' My formerly smart daughter."

Gold limited? Hey?

Bitcoin isn't? What?


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: talkbitcoin on October 14, 2017, 11:25:37 AM
His daughter, who bought 2 bitcoins, is probably telling him to shut up.

or maybe she called her daddy and told him she wanted to short bitcoin.

in any case it is a childish move though. he keeps repeating he doesn't care about bitcoin, and he even went as far as saying he will not speak about it any more but he is still talking about bitcoin!

you know what it is like those who create an account on bitcointalk and try so hard to convince the rest of us how bad bitcoin is :D


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Idrisu on October 14, 2017, 12:50:08 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
Nice to hear that people around Jamie Dimon are investing in bitcoin including his own daughter. I also had that majority of Jp Morgan staffs are bitcoiners.  The reality is that Jamie know what is doing maybe trying to make bitcoin popular through his comments and from there get his pay or trying to bring bitcoin down or lower so that his associates can buying cheap. In which ever way I think Jamie is up to something and bitcoin is ready for which ever way. My advise to many traders is that stop selling your coins because of comments from the enemy of cryptocoins technology.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: wilhb81 on October 14, 2017, 12:54:19 PM
This Dimon just wanted more publicity from media - that's his intention of bashing Bitcoin again and again...


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: fabiorem on October 14, 2017, 12:58:33 PM
Honestly, a lot of corporations and larger investors are probably spreading bad news in order to buy a dip that they create themselves. They're just trying to make more money by manipulating the market with the value of their words.


This can be detrimental to their reputation in the long term, as their "predictions" and "counsels" might not work. Who will trust him for financial counsel if bitcoin is always going up?

Maybe they are predicting the doomsday of the banking system and just want to make a fortune being whales in the new economy. In this way they keep their status and power, while the current banking structure collapses.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: the_poet on October 14, 2017, 01:24:07 PM
At the start of 2017 bitcoin was 15bn dollar . now it's 50.
He's a ignorant see the rise of this. He thinks for 5 years it will be always 50 billion dollar market. lol.


It's not 50 billion, today's BTC market cap is almost twice that ($95 billion).


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Kemarit on October 14, 2017, 02:18:22 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

And the fact that when he open his mouth and bashes it, bitcoin goes ATH. LOL. Does it mean that his daughter is stupid?

This means that bitcoin is on the right track.  Bankers are getting more and more scared and it shows.  I don't even get mad at these comments anymore.  Just look at what they say and know that the truth is the opposite of what they say.

Of course bankers are now paranoid. The threat is real. And Jamie must think another way to yank people out o bitcoin and just put our money in banks. Sadly, we are more intelligent than that Mr. Dimon. Just continue to make yourself stupid with your attacks.

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

He probably just wants the price to go down so he can put more of his money secretly into Bitcoin  ;D

Honestly, a lot of corporations and larger investors are probably spreading bad news in order to buy a dip that they create themselves. They're just trying to make more money by manipulating the market with the value of their words.

For obvious reasons, his creating FUD but its not working anymore. His words has no substance now because he already know what they are up to. He already fool us once, we are not kids here. He can't manipulate the price so that they can get it at discounted price.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: chesthing on October 14, 2017, 03:15:04 PM
I believe Warren Buffet fudded btc back in 2014 so he could buy cheap coins and maybe this guy is trying to do the same. At any rate I question the motives of every so called expert who says buying btc is a terrible idea.
The banking system won't be going away anytime soon, it will be many more years before crypto is used exclusely by the massses and isn't measured against fiat - if this happens at all.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: thejaytiesto on October 14, 2017, 06:39:48 PM
This is amazing. He has talked about BTC 3 times a in row lately. He used to take years between his public declarations on bitcoin, now it's been all over the place.

He acts a like bully against bitcoin, and don't underestimate his power. This guy will run for the FED presidency. If he gets it, he will try to convince the POTUS to destroy BTC, and can cause a great deal of damage. Im sure BTC would survive long term, but an USA ban wouldn't be pretty.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: chesthing on October 14, 2017, 06:53:25 PM
If they banned US exchanges that would be very bad. Coinbase, Poloniex and Bittrex are all in US. I don't see them doing that though, this isn't communist China this is a capitalist democracy so the odds are very low they will try anything like that.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Slark on October 14, 2017, 06:57:12 PM
This guy hates Bitcoin it is obvious, he stands for the old economic system - and bitcoin was created to battle this bloated FIAT/Wall Street/Banksters system.
What do you expect he would say, that BTC is fine, will be even more successful in the future and banks will fail? It is clear that BTC isn't a very appealing prospect for him.
Aking Dimon about his stance on Bitcoin is like asking Kim Jong Un whether he likes the USA or not, the answer is clear.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: malikusama on October 14, 2017, 07:02:31 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
Not a new thing, many people have spread negativity about bitcoin in the past to bring it down, even today many people are attempting for this through conspiracies against bitcoin. But these things don't affect bitcoins at all because bitcoin has now become much stable than before. Jamie Dimon have made a mistake through his wrong perception against bitcoin but the good thing is he realized it later.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: candy27 on October 14, 2017, 07:13:49 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

It's totally eating him up that he's been dissing bitcoin since 2014 and it keeps going up in price.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: fabiorem on October 14, 2017, 09:55:34 PM
This guy hates Bitcoin it is obvious, he stands for the old economic system - and bitcoin was created to battle this bloated FIAT/Wall Street/Banksters system.
What do you expect he would say, that BTC is fine, will be even more successful in the future and banks will fail? It is clear that BTC isn't a very appealing prospect for him.
Aking Dimon about his stance on Bitcoin is like asking Kim Jong Un whether he likes the USA or not, the answer is clear.


But Goldman Sachs is talking good about bitcoin, and they are banksters. How to explain that?


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: Pab on October 14, 2017, 10:19:10 PM
Looks like Dimonds recommendation works opposite way,he is not any kind of trader,his whale lost 3 bln dollars in 15 min on derivative trading.As long he has negative views btcis rising,if he will change his mind maybe it will be like red flag


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: gentlemand on October 14, 2017, 11:41:13 PM
I believe Warren Buffet fudded btc back in 2014 so he could buy cheap coins and maybe this guy is trying to do the same. At any rate I question the motives of every so called expert who says buying btc is a terrible idea.
The banking system won't be going away anytime soon, it will be many more years before crypto is used exclusely by the massses and isn't measured against fiat - if this happens at all.

I can well believe Warren Buffet meant what he said. He didn't invest in a single tech stock until recently, and even now it's only Apple and IBM, so why on Earth would he leapfrog all of that and dive straight into something as outrageously fringe as BTC?


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: xypos on October 15, 2017, 12:43:16 AM
Looks like Dimonds recommendation works opposite way,he is not any kind of trader,his whale lost 3 bln dollars in 15 min on derivative trading.As long he has negative views btcis rising,if he will change his mind maybe it will be like red flag

Yeah, the thing is that he thinks his daughters are being cocky just because they made some profits on bitcoin. This is just completely BS. His daughters have probably made better percentage returns than his entire company.

His words have no effects on bitcoin price now. Price is still going strong.

Nobody should take him seriously.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: machinek20 on October 15, 2017, 01:47:28 AM
Well, I think he is the one that stupid, nothing in this world that ever rise so much in that short of time, bitcoin had proved that it can passed all the obstacle, and a lot of people become rich because of bitcoin, so it will be stupid if somebody passed this opportunity, the early adopters have been enjoy a lot of things using bitcoin, when the early adopter invested maybe they were called stupid but now everyone called them genius


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: jtipt on October 15, 2017, 03:22:22 AM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
See the irony in that article, it mentions Jaime Dimon says that he won't talk about Bitcoin and still he is talking about it. I think at this point no one cares about what he says anymore, I head even JP Morgan was buying Bitcoin.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: fabiorem on October 15, 2017, 03:24:34 AM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
See the irony in that article, it mentions Jaime Dimon says that he won't talk about Bitcoin and still he is talking about it. I think at this point no one cares about what he says anymore, I head even JP Morgan was buying Bitcoin.


Yes, yes, the swedish section of his bank is buying bitcoin by the thousands. I heard his bank is even being sued by the swedish government for financial cheating.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: hase0278 on October 15, 2017, 11:36:13 AM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
Its better to not pay any attention to stupid FUD makers who only thinks of bringing bitcoin price down just for them to buy cheaper.  I won't say that he is wrong because there is a chance that bitcoin price will go down and the inevitable crypto winter will come soon but I also wont say he is right, right now there is a greater chance of price rise rather than downfall.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: barota on October 15, 2017, 11:43:40 AM
If they banned US exchanges that would be very bad. Coinbase, Poloniex and Bittrex are all in US. I don't see them doing that though, this isn't communist China this is a capitalist democracy so the odds are very low they will try anything like that.


I hope they ban bitfinex and coinbase and bitstamp For limited days

i want bitcoin crash

Crash is useful for everyone 

imagine 1 btc ----1000 usd next days  :o



Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: makishart on October 15, 2017, 11:52:04 AM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
See the irony in that article, it mentions Jaime Dimon says that he won't talk about Bitcoin and still he is talking about it. I think at this point no one cares about what he says anymore, I head even JP Morgan was buying Bitcoin.
Becoming such an unreliable source of information he is, isn't he? wonder how much attention he gets while uttering bullshit and always changing statement, it seem that he just trying to control the price and it's obvious, maybe he missed the pump train of bitcoin price and want to buy more, such a joke.
But well, let see how the market react to this stupid statement for once again.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: pitiflin on October 15, 2017, 05:21:51 PM
At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.
Did people seriously think that asshole is going to shut his mouth so early? He is playing with people's minds and even a random person can figure it out. He is trying to get more bitcoin by saying bull shit about it because he thinks that people actually care about his opinions and will sell their bitcoin ,yeah you can try Jamie Dimon, things always dont work out your way.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: thejaytiesto on October 17, 2017, 01:58:35 PM
The fact that he says "but it could go to $100,000 before it crashes" is a typical way to save face from people that aren't sure of their predictions. It's like, "it is a fraud, but it could keep growing even after im dead..." yeah, nice prediction there. Might as well call your life a fraud if bitcoin outlives you.


Title: Re: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid
Post by: haroldtee on October 17, 2017, 02:08:15 PM
Quote from: the confused Dimon himself
Dimon did add on Friday that he believed the blockchain technology behind bitcoin was valid, but he does not understand the value of "non-fiat" digital coins, that is, digital currencies that are not backed by a government.

I believe this says it all. That is just what keeps paining him after the whole manipulation, controlling and greedy stunts they have always pulled with fiats. He is confused, scared and does not even know what he is saying. Or he absolutely did know but just trying to play a punkish move to stare the market in his favour. He really should just shut up already.