JP Morgan CEO Jamie -says "BTC is worse than Tulip Bubble" calls it a fraud

[Melquart]

and the former JP Morgan CEO is a good supporter for bitcoin. Bankers are just digging for their profit.

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[darkangel11]

He has already showed his opinion last week and I'd expect nothing has changed since. Why would they make new articles about what he's saying. He obviously doesn't understand the technology. I doubt he's dumb, but he certainly is brainwashed by the system he's been profiting from for many years.
Somebody should ask him why young people should be holding money in his bank for 3% a year and not in BTC that can give a whopping 400% a year.

[leopard2]

Jamie Demon is shitting on Bitcoin, again...

Why, of course the frogs don't like it if you drain the swamp  

[DoublerHunter]

We just need to get used to these kind of people because this is very common for the cryptocurrency like bitcoin to get a lot of negative thoughts and bad accusation because that is how they play the game and not all of those people are really against bitcoin because most of them are just talking something bad about bitcoin to make the price of bitcoin low and make move to invest.

[BITDV]

He showed that he was frightened and felt insecure, so he threw a sentence to attack Bitcoin and its users. Perhaps this is a reflection of fears of the long domination of banking world against bitcoins which has managed to get a good response.

[Phildo]

No one has the right to say or accuse about bitcoin is a scam (fraud) he might say so because nowadays there are few scam investation of bitcoin
The one who said that bitcoin is a scam should dig deeper about bitcoin so people won’t say it’s a scam

[Bezobraznike]

   When I was here first time this kind of topics were interesting for me, I did not know much about bitcoins
and I believed with one part that there is truth in all this bad news about bitcoin. Now after almost half of the
year here and many similar topics I realized that this kind of news are here just to confuse people and turn
them away from bitcoin. This kind of news probably coming from banks, and this guy Jamie is one of the people
from investing sector.
   I made a little research about JP Morgan and I can understand why they have a fear from bitcoin, simply bitcoin
can ruin their business. They will try with any means necessary to hurt bitcoin, but they will not succeed in that.

[nicosey]

They invested heavy in Blockchain, not bitcoin.  He is protecting his investments...

[Andre_Goldman]

Again this retard in the room ? I vote him to be fired

[Alpha0One1]

Don't listen to Jamie, instead listen to John McAfee!

[pooya87]

Don't listen to Jamie, instead listen to John McAfee!

don't listen to either of them, use your own brain!

these two and many others who are so vocal these days about bitcoin are just pursuing their own goals and trying to use the social media to their own advantage. JP Morgan was bearish in this market and they were planning on buying in that dip. and MCAfeee was bullish and were trying to make profit from the rise.

[Yuuto]

Don't listen to Jamie, instead listen to John McAfee!

They are essentially the two extremes here.

John McAfee seems to be overly optimistic about bitcoin's future that even i don't think his predictions will come true. I mean come on, $500k per bitcoin within the next few years is just completely ridiculous unless fiat becomes worthless all of a sudden.

However, Jamie Dimon calling bitcoin a fraud is even worse. How can bitcoin be a fraud, when it is decentralized?

[coinplus]

With these kinds of FUDs, Jamie really has become famous even among crypto users. They must be glad now. At least they had achieved attention. People like him just want to get highlighted in the news. They themselves knows the true power of bitcoins and this is the reason why JP Morgan itself has bitcoins. A very good drama they had created indeed!
Anyways, nothing can destroy bitcoins and yes banks feel threaten by bitcoins.

[Theb]

With these kinds of FUDs, Jamie really has become famous even among crypto users. They must be glad now. At least they had achieved attention. People like him just want to get highlighted in the news. They themselves knows the true power of bitcoins and this is the reason why JP Morgan itself has bitcoins. A very good drama they had created indeed!
Anyways, nothing can destroy bitcoins and yes banks feel threaten by bitcoins.

Here we go again with the "banks are threatened/scared of Bitcoin" statement where there is no legitimate showing that it is happening right now. Banks are separate entities which a lot of companies depend their funding from, while Bitcoin as of now does not show that kind of power where it can fund a big company. Banks are also has the ability to adapt and for sure you have seen Bitcoin Visa Debit Card which are issued by different banks of several countries, I don't think that by creating a debit card based on Bitcoin shows that they are scared of it.

[JeffBrad12]

It's just me or this CEO starting to spread this bullshit regularly within such period of time   . tired of all these bullshits and hope people won't get trapped to this one.

He showed that he was frightened and felt insecure, so he threw a sentence to attack Bitcoin and its users. Perhaps this is a reflection of fears of the long domination of banking world against bitcoins which has managed to get a good response.

Quite agree with this one, such heavy amount of attention given by Jamie reflect his current condition.

[Siren]

With these kinds of FUDs, Jamie really has become famous even among crypto users. They must be glad now. At least they had achieved attention. People like him just want to get highlighted in the news. They themselves knows the true power of bitcoins and this is the reason why JP Morgan itself has bitcoins. A very good drama they had created indeed!
Anyways, nothing can destroy bitcoins and yes banks feel threaten by bitcoins.

Hah! If his intention is to get one, then definitely he got all our ears listening to him. However, his tirade doesn't work anymore. If he still wants to be relevant, I'm sure its not the last time we gonna hear about him. But we already learn what he's motive is, so the next time we are not going to be swayed. I think its also a win-win situation for the community. Bitcoin has gain more popularity and I sure that new investors are going into the ecosystem every time he open him mouth. So let him attack once again and see how bitcoin market and community will react.

[Alpha0One1]

It's a bluff! I don't trust them as they are the ones who caused the 2008 subprime crisis.

[nelsledma]

It's a bluff! I don't trust them as they are the ones who caused the 2008 subprime crisis.

That person is completely fraud and all he want is to start a new business in digital currency so he spreads rumors like that bitcoin had made many investors rich if this was fraud no one will be so confident on investing in bitcoins.so don’t listen to such kind of bullshits and stick to your motives, and earn profit that is changing lives of many peoples.

[Theb]

It's a bluff! I don't trust them as they are the ones who caused the 2008 subprime crisis.

That person is completely fraud and all he want is to start a new business in digital currency so he spreads rumors like that bitcoin had made many investors rich if this was fraud no one will be so confident on investing in bitcoins.so don’t listen to such kind of bullshits and stick to your motives, and earn profit that is changing lives of many peoples.

Actually guys you are late in the news some time last 2 weeks ago when Bitcoin fell there are rumors that the CEO of JP Morgan bought large amouns of Bitcoin and he intended to make bad opinion that was well timed with the problem in China as a catalyst to start a panic selling. A very clever way to buy Bitcoin cheap, he did use his influence over the market.