Jaime Dimon, Warren Buffett have the last laugh? This article will make you mad

[bbc.reporter]

Interesting that he's using the phrase 'Bitcoin bubble' when most of the pumpage and wreckage was ICO driven. If we switch Bitcoin to ICO most of his points are valid. Most of it was empty. Most of it did destroy wealth. Most of it will be brought to heel as is happening right now.

However, was bitcoin not in a bubble stage? I read articles about families selling everything they have including their houses to buy bitcoin. I hope some of them sold in the right time.

@Huskerz. I changed the picture. Sorry for offending the cowboy John Wayne hehehe.

[gentlemand]

Interesting that he's using the phrase 'Bitcoin bubble' when most of the pumpage and wreckage was ICO driven. If we switch Bitcoin to ICO most of his points are valid. Most of it was empty. Most of it did destroy wealth. Most of it will be brought to heel as is happening right now.

However, was bitcoin not in a bubble stage? I read articles about families selling everything they have including their houses to buy bitcoin. I hope some of them sold in the right time.

@Huskerz. I changed the picture. Sorry for offending the cowboy John Wayne hehehe.

Of course but I'd say BTC was driven to those heights by ICO mania. The spark for all of this was arguably the ETF denial that set off a relief rally in alts. ETH was ten bucks or so before that.

[bbc.reporter]

@gentlemand. I reckon that presents bitcoin as what Lionel wrote in his artice. It was pumped by whales during the ICO mania and the whales dumped on everyone when they were done. Many many people came out poorer after this, many whales came out richer.

[Flor1982]

We can say its over when it is over but not Bitcoin and the whole crypto currency. The market is in difficult but it doesn't mean that it will going to be extinct as we have observed so many times before the rise and fall of the market but still Bitcoin continue to survived therefore let them laugh to death while they can.

[Pab]

They are probably looking at stock market
Billions of dollars vanished from stock just last month
Now Fed is going to help stocks by pausing ratesis
I am doubt will it help stocks in longer term
USA is losing to China on technology field
And there is hidden true in all that sell off
Blockchain technology will be worth 102 trillions  dollars in close future that is 3X more that all internet value
On that field China has huge advantage
There is already 41 patented blockchains in China some of them are already in use
AI VR AR all that technology of future will use blockchain