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Author Topic: Jamie Dimon is investor in bitcoin  (Read 1437 times)
shamati (OP)
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December 07, 2015, 02:29:36 AM
 #1

Jamie Dimon already made investment into Bitcoin??

What do u guys think?

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suda123
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December 07, 2015, 02:37:46 AM
 #2

Jamie Dimon already made investment into Bitcoin??

What do u guys think?


Why would he make an investment, what possible information do you have that even considers that he did invest into it?
The Sceptical Chymist
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December 07, 2015, 02:53:55 AM
 #3

Jamie Dimon already made investment into Bitcoin??

What do u guys think?
Isn't he one of the ones who were responsible for all those subprime mortgage loans which precipitated the big crisis in the US? 

Yeah.  What could go wrong with him getting into bitcoin?

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Sir_lagsalot
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December 07, 2015, 07:40:34 AM
 #4

Jamie Dimon already made investment into Bitcoin??

What do u guys think?
Do you have any proof of this? I really don't want to be in the same boat as someone who helped cause a financial crisis. Eugh.

Could you give us a link as to where you got this information? It's a little puzzling. I don't see why he would get into bitcoin...
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December 07, 2015, 08:33:22 AM
 #5

there is no source in your post, because the last time i've checkced he was thinking this http://www.coindesk.com/jamie-dimon-bitcoin-will-not-survive/

so it sounds unreasonable that he is investing anything in bitcoin
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December 07, 2015, 08:54:28 AM
Last edit: December 07, 2015, 10:05:41 AM by n2004al
 #6

Jamie Dimon already made investment into Bitcoin??

What do u guys think?

If true, it is the most exemplar example that the banks don't and will not hate bitcoin. At least the smart ones. Bitcoin is a money like all the other currencies and today or after ten years will have (normally and hoping) this status. This make it as the "everyday bread" for every bank. In other words like all the other currencies which justify and hold in life all the commercial banks. Bitcoin will be used by these to have profit. Like they do with all the other money. And probably will be not only bitcoin. But even other cryptocoins created (maybe) from Central Banks of various countries or other cryptos created by others but that may will have big impact and value in the market. In all kind or markets.
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December 07, 2015, 09:59:47 AM
 #7

there is no source in your post, because the last time i've checkced he was thinking this http://www.coindesk.com/jamie-dimon-bitcoin-will-not-survive/

so it sounds unreasonable that he is investing anything in bitcoin

I don't think he will be an investor in bitcoin. It will be very strange for a top banker say there is no future in bitcoin, but invest personally.
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December 07, 2015, 12:19:18 PM
 #8

there is no source in your post, because the last time i've checkced he was thinking this http://www.coindesk.com/jamie-dimon-bitcoin-will-not-survive/

so it sounds unreasonable that he is investing anything in bitcoin

Even if he is a little bit interested in it, I don't think he would go public about it since he made it public saying that bitcoin won't survive in his eyes.

Or maybe he's using reversed psychology, who knows.

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December 07, 2015, 12:23:42 PM
 #9

Jamie Dimon already made investment into Bitcoin??

What do u guys think?

Hehe maybe he owns a few bitcoins himself.
But I don't think he is really heavily invested in it.
And in the public media he always shows that he hates Bitcoin with a passion.
But this hasn't to mean anything as we know bankers do everything for a profit. Cheesy
MaxTax
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December 07, 2015, 12:41:37 PM
 #10

It's possible that he did invest in it, I wouldn't be surprised if that's the case.

He probably doesn't wanna miss out on some good profits.
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December 07, 2015, 06:02:50 PM
 #11

http://fortune.com/video/2015/11/04/jamie-dimon-youre-wasting-your-time-with-bitcoin/

I would think not, since he clearly thinks it's a waste of time.
And every other article I've read about him mentioning Bitcoin has been an overly critical or even negative one.

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December 07, 2015, 06:23:53 PM
 #12

As I don't like the idea behind his words, I think he might be telling us the truth. Bitcoin is quite insignificant economic force right now, but in the future when it will grow might be.
There will be no currency that will go around government control, as I believe that government regulation, serious regulation of bitcoin itself, not satellite services of BTC alone - will happen.
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December 07, 2015, 06:32:33 PM
 #13

http://fortune.com/video/2015/11/04/jamie-dimon-youre-wasting-your-time-with-bitcoin/

I would think not, since he clearly thinks it's a waste of time.
And every other article I've read about him mentioning Bitcoin has been an overly critical or even negative one.

Well, considering Bitcoin is the first real threat to the global oppression enjoyed by his employers for the last 200+ years, I think he is probably going to continue to say negative things about it.  My guess is he will continue to say positive things about buying treasuries and advise against buying gold as well...  If his masters are letting him buy BTC, it will only be to help architect a run on Bitcoin exchanges to make it appear that Bitcoin is not any more stable than the assets peddled by central banks around the world during the next market crash.

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December 07, 2015, 10:41:01 PM
 #14

He said bitcoin was "a terrible store of value" that
quote always stuck with me when the moron said it.
He also said bitcoin will "try and eat our lunch"
He thinks governments will crack down and ban it
why in the world would he invest in it.

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December 08, 2015, 03:16:22 AM
 #15

Where did you get the information from about him being an investor?

 

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arbitrage001
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December 08, 2015, 05:22:22 AM
 #16

More likely he is investing in blockchain tech and start up.
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December 08, 2015, 07:09:31 AM
 #17

More likely he is investing in blockchain tech and start up.

Definitely.

 

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HabBear
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December 09, 2015, 07:09:56 AM
 #18

http://fortune.com/video/2015/11/04/jamie-dimon-youre-wasting-your-time-with-bitcoin/

I would think not, since he clearly thinks it's a waste of time.
And every other article I've read about him mentioning Bitcoin has been an overly critical or even negative one.

He's also a capitalist and probably wouldn't think twice about dropping 10 or 20 grand on something he considers a flyer bet that could make him a lot of money some day. #fomo
shamati (OP)
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December 09, 2015, 09:28:33 PM
 #19

Sounds like rubbish.


It ok for disagree not be rude

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June 14, 2016, 07:00:19 PM
 #20

I think if Jamie Dimon invested it would be quite a long shot. probably also it would be strategic with a loan term goal in mind.

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