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Author Topic: JP Morgan betting on Bitcoin  (Read 1641 times)
moonstruck (OP)
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September 16, 2017, 12:58:45 AM
 #1

Apparently JP Morgan has been full of shit concerning their stance on bitcoin.



Source: https://www.nordnet.se/mux/web/marknaden/aktiehemsidan/index.html?identifier=109538&

What am I looking at, you may wonder? A Bitcoin ETF on the stockholm exchange. JP Morgan has been trading actively since manipulating the price, although Dimon has recently announced to believe bitcoin is a fraud.

Even before Dimon's intentional bullshit spreading to manipulate the markets this was already visible and known by some:
https://steemit.com/bitcoin/@scandinavianlife/bitcoin-etf-s-among-the-most-traded-instruments-on-stockholm-nasdaq-exchange

4chan post about this:
https://boards.4chan.org/biz/thread/3495574/lmao-what-did-jp-morgan-mean-by-this

I think it is important that it is known how shameless these corporations are screwing everyone.
pinkflower
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September 16, 2017, 02:44:57 AM
 #2

Jaime Dimon said that anyone who trades anything related to BTC and other cryptocurrencies will get fired immediately. Try tweeting him that url and put him on the spot. Lets see if he really fires them.
stunvn
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September 16, 2017, 02:51:37 AM
 #3

Jaime Dimon said that anyone who trades anything related to BTC and other cryptocurrencies will get fired immediately. Try tweeting him that url and put him on the spot. Lets see if he really fires them.

kidsuzudn
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September 16, 2017, 02:55:31 AM
 #4

In my opinion , Jamie Dimon tried to fire all the people who has Bitcoin because he will hardly gathering bitcoin if his employees still own Bitcoin. And maybe Chineses and JD are trying to dump the price of Bitcoin to gathering a big one ?
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September 16, 2017, 03:05:07 AM
 #5

I mean are you surprised by this news if true? Honestly, if true this only makes more sense to me why he said what he did the other day. But it is honestly sad how some will use and

abuse the platforms they have just so they can make some coin. This world is ruled by completed greed and this just goes to show how greedy already rich corporations are.

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Rahar02
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September 16, 2017, 03:22:49 AM
 #6

Dimon may has a slight conflict of interest here since he work on banking company, but he got caught bet on bitcoin xbt as well.
Big whales, investors, traders and even banking companies like to trade and take an advantage/profits from bitcoin, but it's pathetic when Dimon said bitcoin as fraud but he bet on it under the radar.
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September 16, 2017, 03:27:18 AM
 #7

I mean are you surprised by this news if true? Honestly, if true this only makes more sense to me why he said what he did the other day. But it is honestly sad how some will use and

abuse the platforms they have just so they can make some coin. This world is ruled by completed greed and this just goes to show how greedy already rich corporations are.

Yeah it was pretty obvious he had every reason in the world to say bitcoins are a fraud. The problem is, he doesn't even know the definition of fraud. What a dumbass. This guy is running a massive business? No wonder my bank is a bitcoin wallet on my phone. These idiots are driving their businesses into the ground.
JPnotmorgan
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September 16, 2017, 03:45:14 AM
 #8

No we are not! We are shorting it! Welcome to the big boys club! While you watch some folks made $1-$1.25 Billion from the dive BTC took.
talkbitcoin
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September 16, 2017, 04:20:23 AM
 #9

i don't know how reliable the source in OP is but it really doesn't need any kind of proof. what that public discussion was about and how bitcoin was slyly included and called "fraud" and also the perfect timing with the dip that bitcoin was experiencing are not coincidences.

i am not someone who believes in coincidence and i do believe that people like JPM are not speaking randomly and without purpose.

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September 16, 2017, 04:43:35 AM
 #10

What do you expect from a big wig of onr of the largest banking institutions in the world? Bitcoin is there to challenge, and jpm has all the right reasons to be concerned, thus making statements like this. It did scare a lot of btc holders though but we're pretty much out of the woods for now.

 
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moonstruck (OP)
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September 16, 2017, 10:50:23 AM
 #11

What do you expect from a big wig of onr of the largest banking institutions in the world? Bitcoin is there to challenge, and jpm has all the right reasons to be concerned, thus making statements like this. It did scare a lot of btc holders though but we're pretty much out of the woods for now.

I did not expect this, it appears they do not care at all to lie in public as a means of price manipulation.
cryptovn83
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September 16, 2017, 10:55:54 AM
 #12

“If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,” he said. “So there may be a market for that, but it’d be a limited market.”

To be sure, Dimon later noted that his daughter purchased some bitcoin.
shawn995
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September 16, 2017, 11:22:19 AM
 #13

I would like to say that. That person don't want the success of bitcoin i would like to say that that person should remove because he is a big hater of bitcoin because bitcoin is trusted and that person is not.
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September 16, 2017, 11:22:39 AM
 #14

Jaime Dimon said that anyone who trades anything related to BTC and other cryptocurrencies will get fired immediately. Try tweeting him that url and put him on the spot. Lets see if he really fires them.



Haha this one made laugh. Why would someone be fired if he was the boss right? I wonder if Jamie would be changing his comments about bitcoin beng fraud when he and his institution are frauds too. I'm amazed someone really took his words seriously knowing that he's a banker at best? He'd do anything to get a nice position in the market even if it costs his reputation.

$$$
moonstruck (OP)
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September 16, 2017, 02:26:53 PM
 #15

Featured on the cointelegraph as well, with the same source;

https://cointelegraph.com/news/chase-bank-buys-bitcoin-even-as-jamie-dimon-rejects-it
tyuner4
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September 16, 2017, 02:36:46 PM
 #16

I am very interested to see Jamie Dimon reply, I hope he don't change his words.
Qiuyue201
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September 16, 2017, 02:41:23 PM
 #17

Apparently JP Morgan has been full of shit concerning their stance on bitcoin.



Source: https://www.nordnet.se/mux/web/marknaden/aktiehemsidan/index.html?identifier=109538&

What am I looking at, you may wonder? A Bitcoin ETF on the stockholm exchange. JP Morgan has been trading actively since manipulating the price, although Dimon has recently announced to believe bitcoin is a fraud.

Even before Dimon's intentional bullshit spreading to manipulate the markets this was already visible and known by some:
https://steemit.com/bitcoin/@scandinavianlife/bitcoin-etf-s-among-the-most-traded-instruments-on-stockholm-nasdaq-exchange

4chan post about this:
https://boards.4chan.org/biz/thread/3495574/lmao-what-did-jp-morgan-mean-by-this

I think it is important that it is known how shameless these corporations are screwing everyone.
You can try to visit other thread, and i will give you the link https://bitcointalk.org/index.php?topic=2182579.new#new
In  the reddit already discussed about the truth of the jpmorgan already listed on there.

It seems not to be a true thing. Some people are clearly said that just related to their clients and company are not even holding it, but this just a rumor that i've heard from other thread regarding the jpmorgan news.
pinkflower
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September 17, 2017, 02:51:26 AM
 #18

“If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,” he said. “So there may be a market for that, but it’d be a limited market.”

To be sure, Dimon later noted that his daughter purchased some bitcoin.

Does that mean Jaime Dimon should fire her daughter from being his daughter? Or should he fire himself from being the dad of someone who purchased some BTC?

Whatever it is, his daughter must be the smart one in the family. Jaime Dimon should talk and listen to her more often.
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October 14, 2017, 06:53:45 PM
 #19

Jaime Dimon said that anyone who trades anything related to BTC and other cryptocurrencies will get fired immediately. Try tweeting him that url and put him on the spot. Lets see if he really fires them.


Nice replica. Unfortunately in the financial world is to similar to the war, they just manipulate and lie, and sells all caind of bullshit only to get to the target. It doesn't mater how rich you are if you don't have a backbone. Good that we have users like moonstruck who observe this things. Keep it on.
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