Jamie Dimon triggered crypto selloff?

[go4crypto]

Most cryptos have gone red in last hour or so. Maybe this news is the reason this time:

https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Hope the recovery comes soon.

[urp0k1911]

Never heard of that guy, probably 99% of people around here didn't either. Anyway, it's like dinosaur saying that meteorite or whatever killed them all is a fraud.

[Daydream 61]

first comes china with the ico mist and now come morgan with such a crap .
JPMorgan CEO Jamie Dimon is still a clown . such reports are only annoying .
Fundstrat's Tom Lee said he sees bitcoin surging to $6,000 next year

[krizniq]

No this one did it:
https://twitter.com/SatoshiLite

[Zakhal]

I would expect no less from a banker. He might loose his job if this continues.

[urp0k1911]

No this one did it:
https://twitter.com/SatoshiLite

Yup

[urp0k1911]

-8 billion in less than an hour. Good job, Charlie!

[Artdealer]

Jamie Dimon is pos

https://www.youtube.com/watch?v=xoyVFJFoKqs

[CoinCollector006]

Several points to counter the fear and irrational selling

1. Jamie Dimon is CEO and Chairman of the largest TBTF bank in the USA, he more than anyone else benefits from the Fed's unlimited printing of fiat currency. Naturally he will criticize any threat to the current system.

2. The supply of bitcoins is mathematically limited to 21M, there simply aren't enough bitcoins for everyone that wants one. We tend to forget on this forum but bitcoin is an alternative monetary system that is immune to central bank skulduggery where we can receive our salaries in bitcoin, pay our bills with bitcoin and store our wealth all in bitcoins.

3. The middle and wealthy classes in Venezuela, Kenya, Zimbabwe, El Salvador and many other other countries need vehicles for keeping their money safe from debt collectors and acquisitive governments. That vehicle may be Bitcoin, Monero, Zcash, Dash, etc.

4. Fiat currency seems to be losing its purchasing power more every passing year, The CPI is supposedly 2% but I don't see it. The prices I pay are increasing much higher than 2% and all the other supposed inflation hedges like gold, gold mining stocks, etc simply are not working. Bitcoin seems to provides a hedge and more investors will likely reach the same conclusion.

[Cart]

No this one did it:
https://twitter.com/SatoshiLite

Don't you think that it is crazy how the market can get manipulated by just a few people namely whales posting and causing this big moves!

[urp0k1911]

No this one did it:
https://twitter.com/SatoshiLite

Don't you think that it is crazy how the market can get manipulated by just a few people namely whales posting and causing this big moves!

There are risks involved and people are trying to make more money out of thin air. Greed drives and make one crazy. In any case it is 6:20AM in China right now and in a few hours I think we will know, who is credible source and who is full of $hit

[cau]

a person like Charlie's caliber I do not see a reason why he need to manipulate things, after knowing things will backfire if its a false news..... I guess, we cannot outrightly ignore his tweet, anyhow tonight cat will be out once China wakes up!! we can wait and see.....

[Cart]

No this one did it:
https://twitter.com/SatoshiLite

Don't you think that it is crazy how the market can get manipulated by just a few people namely whales posting and causing this big moves!

There are risks involved and people are trying to make more money out of thin air. Greed drives and make one crazy. In any case it is 6:20AM in China right now and in a few hours I think we will know, who is credible source and who is full of $hit

The China awakening is always scary to watch yes. Hope it will be good

[PAKYU]

he is the biggest speculator in the world. if he said this i believe bitcoin will hit 10k$ very soon.

[btctuxedo]

Someone is probably trying to buy Bitcoin at a discounted price. lol

[cau]

holy cow!! I do not see those tweets now in his account, did he removed it already or am I missing something?

[BitPACK]

holy cow!! I do not see those tweets now in his account, did he removed it already or am I missing something?

it is not tweet. it is news of CNBC.
https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

[cau]

holy cow!! I do not see those tweets now in his account, did he removed it already or am I missing something?

it is not tweet. it is news of CNBC.
https://www.c[Suspicious link removed]m/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

well, if you ask me, more than Jamie's message, damage was more due to Charlie's tweet..... btw, its currently missing in the account

https://twitter.com/SatoshiLite

[Savik]

The market definitely is getting jittery. I don't like it one bit...Let's hope we don't become the bag holders for these hedge fund types who have recently jumped in. Hedge funds have invested in crypto in an attempt to bump their annual returns, and I suspect they will dump all of their crypto by the end of the year to collect their gains.

[mnemonicsoup]

What was Charlies tweet? Seems he deleted it.