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Author Topic: [2017-09-14] Why JPMorgan’s CEO is scared of ‘fraud’ Bitcoin  (Read 4600 times)
iamTom123
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September 14, 2017, 01:42:49 PM
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Dimon’s tirade against Bitcoin, which has caused the cryptocurrency’s price to slide to $3,800 level while Bitcoin Cash is holding at $466, didn’t come as a surprise. The banker, after all, has been an outspoken nemesis of Bitcoin who predicted in 2015 that the cryptocurrency wouldn’t survive.

Two years later, and surprise, surprise—Bitcoin is still here and is starting to attract mainstream attention. And this begs the question: Why is Dimon so skeptical of cryptocurrencies? The answer may be because Dimon, along with the rest of Wall Street, is intimidated by Bitcoin.

And they should be. If you recall, Dimon’s JPMorgan was among the chief architects of the 2008 global financial crisis, which paved the way to the rise of cryptocurrencies. Bitcoin’s blockchain technology

Read more about this here.


Now I understand the big reason why this man resorted to be the official nemesis of Bitcoin as he was involved in the almost catastrophic 2008 debacle that toppled many financial institutions had it not been for the big bail-out sponsored by the taxpayers' money.

Some people can feel like they are the very expert of something new. The problem with the Bitcoin community is we are listening to this man and we are reacting according to what he wanted us to do. Let's not make his words self-fulfilling prophecy.

Bitcoin can go down anytime as we are in an open market but soon it can find the sunshine it needs to get back to where it should be.
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September 14, 2017, 01:51:00 PM
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Fuck Jamie Dimon he is a criminal and liar! The Banksters are afraid of Bitcoin and that is the reality and truth. You just need to take a look at this www.jpmorgan.com/Quorum  Grin

BitFinnese
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September 14, 2017, 10:53:19 PM
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Fuck Jamie Dimon he is a criminal and liar! The Banksters are afraid of Bitcoin and that is the reality and truth. You just need to take a look at this www.jpmorgan.com/Quorum  Grin

I guess it can't be helped.  He needs to build a reputation of his newly created token by throwing shit to bitcoins.  Aside from that he felt that Bitcoin is a threat to his world.  With Bitcoin they will not be able to do all the lies and cheats they used to do to their clients and customers.  Yes he's word has weight at this moment but anytime soon people will look at him as a talking clown because of his shits being revealed.
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September 15, 2017, 01:50:57 PM
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Alex Gurevich, former JP Morgan senior executive already said what he is thinking about Dimon and his position concerning Bitcoin.

        "Please, STFU about trading bitcoin."

Really, a lot of people lost their money these days, maybe they had some expectations and plans about these money, Dimon should have though what he was talking about, and that was just the time, when Chinese trying to regulate BTC trading on their market. Smart Guy, he is creating new portfolio right now.

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September 15, 2017, 01:54:11 PM
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Fuck Jamie Dimon he is a criminal and liar! The Banksters are afraid of Bitcoin and that is the reality and truth. You just need to take a look at this www.jpmorgan.com/Quorum  Grin
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