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Author Topic: Dumb ceo cuses drop of btc  (Read 724 times)
michellee
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September 15, 2017, 08:30:24 AM
 #21

i think that ceo don't thinking more about bitcoin and only can say that bitcoin is bad and we know about bad news from china and this will makes people more panic. the price is down at $30xx today and its the lowest price since we reach $49xx. but soon the price will be recover and it won't stop anymore unless there is a big bad news again, I hope.
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September 15, 2017, 08:32:33 AM
 #22

He's not literally skeptic about bitcoin. You know what? It affects his business and that's why he wants to eliminate his competitor to make his business strong again. This is the way for him to discourage the new potential investors of bitcoin that can make the price higher again. And he did a good timing by saying it in public together with the China's declaration of ban of ICO and shutdown of local exchanges.

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September 15, 2017, 08:42:10 AM
 #23

Damn bro, that is so controversial. The change of price is so significant. Can bitcoin still reach 5000 at the end of the year ? We don't know yet. But in this situation, many people maybe sad, but some sure are happy. For those who has been buy bitcoin since long ago can sell it right now if they too paranoid. But for those who want to collect bitcoin, maybe this is the right time. I hope the market will change too. I hope the market will adapt with bitcoin.

Still, for those who just invest yesterday maybe so sad right now. But the drop of bitcoin is not cause of one person only. I think there are other excuse and other factor as well.
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September 15, 2017, 08:52:14 AM
 #24

Everyone is panic selling but bitcoin will still recover as always does

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September 15, 2017, 08:54:03 AM
 #25

If connecting the dots on both side, I can sense a will coordinated planned by Jaime Dimon and china. But it is just an exaggeration on my part I really hated them both as of this days, I hope they might be eating they're breakfast with a smile on they're ugly faces. Hahaha. I'm taking myself laughed about it sometimes to make the pressure slightly be on normal phase. I feel being played by them and I will be backed it hard.😭😭😭

▬▬▬   HODL   ▬▬▬
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September 15, 2017, 08:56:47 AM
 #26

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.

just as I thought before, they threw the issue of making panic markets and they bought them so they could control it and they laugh after getting a considerable profit.

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September 15, 2017, 09:28:49 AM
 #27

Are we down to the point when a single moron talks about Bitcoin every other morons start dumping their coins? why don't you understand that no one

Should be able to have any influence on a decentralized currency that's the whole point of something like Bitcoin. no country and no man could control

It and dictate their own terms for our markets, when someone talks about an asset and the price of that asset drops it means a single entity is behind

The market but it's not like that with Bitcoin. now that China is about to shut down exchanges without license only means for a short period of time all

The prices will go down and will resume climbing after the dust settles.














 

 

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elvisrene10.0
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September 15, 2017, 05:13:43 PM
 #28

Are we down to the point when a single moron talks about Bitcoin every other morons start dumping their coins? why don't you understand that no one

Should be able to have any influence on a decentralized currency that's the whole point of something like Bitcoin. no country and no man could control

It and dictate their own terms for our markets, when someone talks about an asset and the price of that asset drops it means a single entity is behind

The market but it's not like that with Bitcoin. now that China is about to shut down exchanges without license only means for a short period of time all

The prices will go down and will resume climbing after the dust settles.

Yea in that since your right no one should have so much influence an btc but there are still a lot of people that listen to these stupid remarks and start dumping coins lot of people have been trying to control btc but like you said the prices will go up .
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September 16, 2017, 02:39:27 AM
 #29

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.

Its the Chinese exchanges leaving BTC that caused the crash. Jaime Dimon is a nobody in the world of cryptocurrencies and there were many bankers who have said the same thing in the past but with no negative effect on BTC's price.

Warren Buffet have said some discouraging things about BTC, but did that make the price go down? It didnt.

China caused the price to go down because of the negative news and market manipulation.

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September 16, 2017, 03:06:47 AM
 #30

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.

Its the Chinese exchanges leaving BTC that caused the crash. Jaime Dimon is a nobody in the world of cryptocurrencies and there were many bankers who have said the same thing in the past but with no negative effect on BTC's price.

Warren Buffet have said some discouraging things about BTC, but did that make the price go down? It didnt.

China caused the price to go down because of the negative news and market manipulation.

literally this. China was less than forthcoming with their news; the fact that it leaked out immediately means there was really no reason to sit on the news for 3 days, and watch the price die. methinks the banking industry over there was absolutely not impressed with the amount of capital outflow and wealth creation among the low/middle class. they harped on the fact that there was a disruption in the "financial order". yes, there are plenty of scams, but the Chinese announcements seemed deliberate, to me at least.
hatshepsut93
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September 16, 2017, 03:22:18 AM
 #31

It's very hard to say how much of an effect his words had on Bitcoins price, because his FUD was right between China's regulation moved from rumors to news and I think it's not a coincidence - Jamie Dimon saw what's going on and decided to push Bitcoin further to buy even more cheap coins. In traditional markets this could have even been called insider trading, but Bitcoin markets are unregulated so people should use their own judgement to not get played by powerful manipulators.

elvisrene10.0
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September 17, 2017, 09:24:24 PM
 #32

It's very hard to say how much of an effect his words had on Bitcoins price, because his FUD was right between China's regulation moved from rumors to news and I think it's not a coincidence - Jamie Dimon saw what's going on and decided to push Bitcoin further to buy even more cheap coins. In traditional markets this could have even been called insider trading, but Bitcoin markets are unregulated so people should use their own judgement to not get played by powerful manipulators.

Yea your right about that buying in and talking shit about the coin is inside trading and him waiting till there was some bad news about btc so he colud shovel in a little more of dirt
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September 17, 2017, 09:26:44 PM
 #33

Nothing to see here, move along people.
This probably won't matter for him, people like this can always keep going with their shady morals, money=power.
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September 17, 2017, 09:54:22 PM
 #34

My question is why do people even listen to that twat ? He doesn't even know what he is saying and bitcoins recent performance proves he is wrong. It does interest me that some people are so stupid they blindly follow any crap that is spoken. I mean who cars what he says. Why do people listen ? What quaikidiea him to make such statements to begin with ? People's own fault for being stupid and not being able to think for themselves. At least now I know as soon as someone starts talking crap to sell then wait then buy back and hello profit.


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September 17, 2017, 09:57:05 PM
 #35

Wasn't there a buy order put in for like 9k btc by JPMorgan?
micleeiu398
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September 26, 2017, 09:16:36 AM
 #36

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.

Its the Chinese exchanges leaving BTC that caused the crash. Jaime Dimon is a nobody in the world of cryptocurrencies and there were many bankers who have said the same thing in the past but with no negative effect on BTC's price.

Warren Buffet have said some discouraging things about BTC, but did that make the price go down? It didnt.

China caused the price to go down because of the negative news and market manipulation.
Whale does matter a lot here. They have much in their hands to change the story of bitcoins totally the other side. But you are right whatever statements came from their side last week doesn’t affect any thing I suppose, what affects is, what is done in China. Exchangers there have got a huge problem and that because the price goes down.

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