Bitcoin Forum

CEO of Galaxy Investment Partners which focuses on investments in cryptocurrency, Michael Novograts says Jamie Dimon is completely wrong about Bitcoin.
In an article published by CNBC, he says Bitcoin outperforms JPMorgan’s stock.

Article: https://www.cnbc.com/2023/12/07/novogratz-says-jamie-dimon-is-wrong-on-bitcoin-as-it-outperforms-jpmorgan-stock.html

And I am sure we all can agree to that. Bitcoin is and will always outperform any Stock in the General Stock Market.
From 16k at the start of the year to 44k and we still have 23 more days left for the year to end.

BTC is the king.

We don't need Michael Novogratz to say it to know Jamie Dimon is wrong about Bitcoin. A true bitcoiner can know Jamie is wrong without to receive any message from any big celeb like Michael.

I think Jamie even is not thinking wrong about Bitcoin. It is only his words of mouth is wrong but in deep of his brain and mind, he can think something differently.

Jamie reminds me about Barry Silbert.
Crypto Firm DCG, CEO Barry Silbert Seek Dismissal of Gemini Lawsuit They Dub a  Smear (https://www.bloomberg.com/news/articles/2023-08-10/barry-silbert-dcg-seek-dismissal-of-winklevoss-gemini-case-alleging-fraud)
In Bitcoin's Barry Silbert, A Prosecution Waiting To Happen (https://www.huffpost.com/entry/in-bitcoins-barry-silbert_b_11353372)

If Barry engaged in ETC pump game, how did he ignore Bitcoin?

I can not trust Jamie Dimon because of similar reason.
JP Morgan's Dimon says bitcoin 'is a fraud' (https://www.reuters.com/article/idUSKCN1BN2PM/)
JP Morgan to give all wealth clients access to crypto funds (https://www.reuters.com/business/finance/jpmorgan-give-all-wealth-clients-access-crypto-funds-business-insider-2021-07-22/).

Come on, JP Morgan is losing its power, and clients are pushing them, trying to get answers. Jamie doesn't know what he is talking about. Definitely, they are providing analysis for crypto; they even created their coin, etc. This gives a clue that all this is info is for manipulation.

They want to outperform Bitcoin, but they can't!

 Personally, if I were Micheal I won't have taken Jamie's words to heart because it actually doesn't count. People have their different opinions about Bitcoin and from the onset, Jamie has had a strong one against it but it's funny he gives financial advice to wealthy clients to include cryptocurrencies in their portfolio. The same Jamie Dimon in 2021 said  Bitcoin is worthless  (https://www.google.com/url?q=https://www.cnbc.com/2021/10/11/jpmorgan-chase-ceo-jamie-dimon-says-bitcoin-is-worthless.html&sa=U&ved=2ahUKEwimmeOGyP2CAxV31gIHHUw2BBUQFnoECAkQAg&usg=AOvVaw2t0s038apyxmkapDECkiQy), but from what I see, he'd accept anything that makes him richer.
 For me, he's just trying to make himself popular by bad mouthing Bitcoin but that won't change anything.

Jp morgan wishes it was the top financial brand . but its not..

if you look at the likes of black rock and black rocks attempts to get involved in bitcoin. you can soon see who to listen to more

jp morgan is losing customer base and trying everything, including moving 'chase' into the UK/EU banking game to win new customers because many americans are done with JP chase.

JP is a dying breed

Now that's a bit pushing it lol. Bitcoin can easily beat the S&P500 in a long enough timespan, but every single stock? There will always be a few outlier stocks that would out pump bitcoin in specific years.

Why should you listen to or believe what others say when you know for yourself that they know Bitcoin wrongly and you are the one who understands it better than them? That's why I still believe in Bitcoin.

And we know better what Bitcoin can bring to the lives of many in this field of industry for the majority community here in the crypto space, to be honest, right? Bitcoin will remain at the top of the market and will become a role model for all other cryptocurrencies as well.

Needless to say it at all, every letter fabricated in the cause of expressing that thought of his has the genes of "wrong" in it. He is allowed to say what he feels and thinks but just because Jamie Dimon said it doesn't make it right.

We are not subscribing to it neither are we even considering discussing it as netizens, we condemn it in strong terms and we are telling him to go regulate his house first cause I believe he has one of his extended family member using Bitcoin.