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Author Topic: Dumb ceo cuses drop of btc  (Read 707 times)
elvisrene10.0
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September 15, 2017, 02:41:07 AM
 #1

JP Morgan CEO Jamie Dimon set off a market slide when he called Bitcoin a “fraud” that would “blow up” earlier this week at a conference. The price of Bitcoin – already slumped over 10 percent off word China may ban cryptocurrency – further dropped to $3,772, the lowest it’s been in a month, after Dimon’s remarks. If he’s to be believed, the end of Bitcoin is nigh. This guy talked so much shit about bitcoin even said he would fire any of his employees trading or having btc ..you can read more here
https://thenextweb.com/finance/2017/09/14/jp-morgan-ceos-bitcoin-rant-causes-hiccup-in-cryptocurrency-value/?amp=1 . Do you guys think btc will sore again.
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September 15, 2017, 02:53:06 AM
 #2

The market is just making this man influential on the market. I mean, am sure he is not holding any Bitcoin (based on the fact that he hates Bitcoin we don't know if he is just bluffing) so he should not be given any weight at all and I have read that this man was part of the reason for the 2008 economic debacle that almost toppled USA to the ground. He must have hated Bitcoin because this is representing the other way of doing things away from the freaking corruption in the banking industry. He is not an expert on Bitcoin so he should just shut up and do his business. What actually dampen the market is the continuing bad news from China which is a big market for Bitcoin.

Juggy777
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September 15, 2017, 03:03:18 AM
 #3

JP Morgan CEO Jamie Dimon set off a market slide when he called Bitcoin a “fraud” that would “blow up” earlier this week at a conference. The price of Bitcoin – already slumped over 10 percent off word China may ban cryptocurrency – further dropped to $3,772, the lowest it’s been in a month, after Dimon’s remarks. If he’s to be believed, the end of Bitcoin is nigh. This guy talked so much shit about bitcoin even said he would fire any of his employees trading or having btc ..you can read more here
https://thenextweb.com/finance/2017/09/14/jp-morgan-ceos-bitcoin-rant-causes-hiccup-in-cryptocurrency-value/?amp=1 . Do you guys think btc will sore again.

He's just a opportunist, if people have forgotten he made such shitty remarks In the past to. It's just the panic was due to China banning Ico and exchanges. Due to this people panicked and sold all their coins, causing further crash, it's sad to see this but this ceo cannot take any credit, cause I don't know Jp Morgshit or its shittier ceo, for the time being I urge every one, not to sell their coins, and stop people from selling. Let's bring back Bitcoin back to glory.

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Rotsor
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September 15, 2017, 03:05:35 AM
 #4

JP Morgan CEO Jamie Dimon set off a market slide when he called Bitcoin a “fraud” that would “blow up” earlier this week at a conference. The price of Bitcoin – already slumped over 10 percent off word China may ban cryptocurrency – further dropped to $3,772, the lowest it’s been in a month, after Dimon’s remarks. If he’s to be believed, the end of Bitcoin is nigh. This guy talked so much shit about bitcoin even said he would fire any of his employees trading or having btc ..you can read more here
https://thenextweb.com/finance/2017/09/14/jp-morgan-ceos-bitcoin-rant-causes-hiccup-in-cryptocurrency-value/?amp=1 . Do you guys think btc will sore again.

Bitcoin will always rebound from FUD. It is censorship-resistant and is like a honey badger in nature it will keep coming back.

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elvisrene10.0
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September 15, 2017, 03:11:09 AM
 #5

JP Morgan CEO Jamie Dimon set off a market slide when he called Bitcoin a “fraud” that would “blow up” earlier this week at a conference. The price of Bitcoin – already slumped over 10 percent off word China may ban cryptocurrency – further dropped to $3,772, the lowest it’s been in a month, after Dimon’s remarks. If he’s to be believed, the end of Bitcoin is nigh. This guy talked so much shit about bitcoin even said he would fire any of his employees trading or having btc ..you can read more here
https://thenextweb.com/finance/2017/09/14/jp-morgan-ceos-bitcoin-rant-causes-hiccup-in-cryptocurrency-value/?amp=1 . Do you guys think btc will sore again.

Bitcoin will always rebound from FUD. It is censorship-resistant and is like a honey badger in nature it will keep coming back.

Yea we all seen this before it drops then it goes way higher . But from this apart i didnt know that the ceo had to do with the drop of 2008 .
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September 15, 2017, 03:18:51 AM
 #6

Its not Jaime Dimon's statement that caused the BTC sell down. Its the Chinese exchanges. They are selling their bags together with their users, no doubt.

Lets hope that it will be over quick and get the heavy Chinese baggage off the market. They are holding BTC back.



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Pearls Before Swine
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September 15, 2017, 03:19:21 AM
 #7

I think he's a scumbag who played a hige part in the global financial
meltdown about nine years ago; I think JPM is a corrupt to the core
company; but I don't believe Jamie Dimon is 'dumb'.  He's got an
opinion on bitcoin that I think is wrong, but it's probably genuine
but misguided.  He's entitled to his opinion, as we all are.  No sense
blasting him, because he's not the reason the bitcoin market tanked.
We are, for being so bullish that we pushed it up to $5000 from less
than $1000 in record time.
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September 15, 2017, 03:34:42 AM
 #8

When it drops below $1,000 I'll get worried...and then I'll buy some more.

Don't worry about these guys. This market needed to cool off anyway, it might as well happen now.

Is the allure, meaning, or principles of Bitcoin any less attractive today than it was yesterday or last month? If your answer is "no" you shouldn't be worried.

The only change in Bitcoin has been a guy who knows little about Bitcoin and sells investments that Bitcoin is competing with has said a bunch of random nonsensical shit. That's it.

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September 15, 2017, 03:37:30 AM
 #9

To that is true it went up very fast . But it will still keep going up theres more support for btc then ever before but theres always going to be haters i started btc back when it was like 5 bucks and then ltc when it was at 0.25 even had a stash of 150 litecoins put away with last price almost 9 k and lost them .
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September 15, 2017, 03:39:26 AM
 #10

on the westcoast there are jpmorgan traders taking blockchain classes. they are trying to get their foothold in the market and somehow control the supply. ding dongs.

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September 15, 2017, 03:42:01 AM
 #11

I saw this news at CNN and yeah I think they are trying to get a hold of bitcoin and wants to control them because they know they can make more $$ out of it.

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September 15, 2017, 03:42:28 AM
 #12

JP Morgan CEO Jamie Dimon set off a market slide when he called Bitcoin a “fraud” that would “blow up” earlier this week at a conference. The price of Bitcoin – already slumped over 10 percent off word China may ban cryptocurrency – further dropped to $3,772, the lowest it’s been in a month, after Dimon’s remarks. If he’s to be believed, the end of Bitcoin is nigh. This guy talked so much shit about bitcoin even said he would fire any of his employees trading or having btc ..you can read more here
https://thenextweb.com/finance/2017/09/14/jp-morgan-ceos-bitcoin-rant-causes-hiccup-in-cryptocurrency-value/?amp=1 . Do you guys think btc will sore again.

This banker is only opening his mouth against Bitcoin because his bank is now seriously threatened by the fast rising of bitcoin and the entire cryptocurrency in general. But there is balance because not all bankers like him are denouncing bitcoin and calling it a fraud, I know some others out there are investing in bitcoins.

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September 15, 2017, 03:50:24 AM
 #13

JP Morgan CEO Jamie Dimon set off a market slide when he called Bitcoin a “fraud” that would “blow up” earlier this week at a conference. The price of Bitcoin – already slumped over 10 percent off word China may ban cryptocurrency – further dropped to $3,772, the lowest it’s been in a month, after Dimon’s remarks. If he’s to be believed, the end of Bitcoin is nigh. This guy talked so much shit about bitcoin even said he would fire any of his employees trading or having btc ..you can read more here
https://thenextweb.com/finance/2017/09/14/jp-morgan-ceos-bitcoin-rant-causes-hiccup-in-cryptocurrency-value/?amp=1 . Do you guys think btc will sore again.

This banker is only opening his mouth against Bitcoin because his bank is now seriously threatened by the fast rising of bitcoin and the entire cryptocurrency in general. But there is balance because not all bankers like him are denouncing bitcoin and calling it a fraud, I know some others out there are investing in bitcoins.
True to that most people are afraid of what they dont understand or something that can harm them and yes your right lot of people support btc including bill gates said himself that bitcoin would go all the way to a million and as fast as it has gone bullish we might have that in a cuple of years..
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September 15, 2017, 03:54:45 AM
 #14

I'm worried about reducing the price. This week decreases by about 10% of the value of Bitcoin. The Chinese government has banned the crypto currency. Because of this, the price may be reduced. It may be responsible for destabilizing the market.
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September 15, 2017, 04:07:54 AM
 #15

He probably sold plenty of bitcoins before he tweeted. Now that the price is lower and dropping he will wait until it is stable again and purchase several BTC's.  It's the power of twitter and social media nowadays.

John McAfee actually told  the JPMorgan CEO that bitcoin is "Certainly Not a Fraud". You can read more about it here: http://fortune.com/2017/09/14/john-mcafee-bitcoin-jpmorgan-jamie-dimon/.

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elvisrene10.0
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September 15, 2017, 04:10:11 AM
 #16

I'm worried about reducing the price. This week decreases by about 10% of the value of Bitcoin. The Chinese government has banned the crypto currency. Because of this, the price may be reduced. It may be responsible for destabilizing the market.

I think it will go down to 3000 then it will go up more people are adapting to btc plus this guy jpmorgan ceo has some reason el chapo has all his money in btc lol and soon so will the Colombian cartel will follow ..
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September 15, 2017, 04:18:34 AM
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He probably sold plenty of bitcoins before he tweeted. Now that the price is lower and dropping he will wait until it is stable again and purchase several BTC's.  It's the power of twitter and social media nowadays.

John McAfee actually told  the JPMorgan CEO that bitcoin is "Certainly Not a Fraud". You can read more about it here: http://fortune.com/2017/09/14/john-mcafee-bitcoin-jpmorgan-jamie-dimon/.
Thanks for that buddy i hadn't seen that report and from what he says is true bitcoin cost to make mining equipment ,Electricity and handeling all the equipment plues if you have it in your house its a hell of a noise but like i said McAfee is right he made a bet that in 3 years btc will be worth 500000 so from now on on dips we buy and hold..
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September 15, 2017, 04:22:41 AM
 #18

I'm worried about reducing the price. This week decreases by about 10% of the value of Bitcoin. The Chinese government has banned the crypto currency. Because of this, the price may be reduced. It may be responsible for destabilizing the market.

I think it will go down to 3000 then it will go up more people are adapting to btc plus this guy jpmorgan ceo has some reason el chapo has all his money in btc lol and soon so will the Colombian cartel will follow ..

There are many huge whales waiting for the price drop, even if one starts buying then everyone will jump in. Everyone is just waiting for their limit and many holders are panic selling which is sad to see.

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elvisrene10.0
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September 15, 2017, 04:33:58 AM
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I'm worried about reducing the price. This week decreases by about 10% of the value of Bitcoin. The Chinese government has banned the crypto currency. Because of this, the price may be reduced. It may be responsible for destabilizing the market.

I think it will go down to 3000 then it will go up more people are adapting to btc plus this guy jpmorgan ceo has some reason el chapo has all his money in btc lol and soon so will the Colombian cartel will follow ..

There are many huge whales waiting for the price drop, even if one starts buying then everyone will jump in. Everyone is just waiting for their limit and many holders are panic selling which is sad to see.
Yea your right theres also a.lot of people trying to get a bit of action on the Chinese news and the jpmorgan so they sold waiting for the bottom and back to the top remember that theres a lot of profesional forex investors on the btc train and selling on bad news is just a nice technic most traders use and theres also panic sales like you said..
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September 15, 2017, 04:38:35 AM
 #20

Its not Jaime Dimon's statement that caused the BTC sell down. Its the Chinese exchanges. They are selling their bags together with their users, no doubt.

Lets hope that it will be over quick and get the heavy Chinese baggage off the market. They are holding BTC back.

Well Dimon's statement coupled with the negative news coming from the Chinese, really cause this huge price dump. What do you expect from a bankster like Dimon, saying bitcoin is a fraud, liking it to a tulips etc. So I assume that his statement has really something to do with all this panic not just from the Chinese side but from the West as well. But if you are in the long haul, we can't do anything and just hodl. The damage is only temporary and we may soon see it getting reverse by some investors who are willing to enter at this dip. The is a good point to really get some cheap bitcoin and stash it in your wallet for long term. Damage has been been, we need to get over and look it at a bright side as this dip is a good buying point.

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