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Author Topic: China, JP Morgan, etc. classic strategy on bitcoin  (Read 585 times)
glowing10
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September 18, 2017, 05:26:39 AM
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Since the first days of bitcoin it was attacked (sometimes even by very reputable and smart people) and called a fake currency but we all see that it is pretty resilent to those things. So what is the difference of JP Morgan's news from the previous ones?

I was reading an article where the CEO of JPM has warned their employees too that any one found trading in bitcoin will get removed form the organization. Now how come CEO decides that what in their personal life they trade or do not trade.  Generally it happens when you the organization itself holds the same share so you ban those things and want to check if they do not have inside information in such case does it means even JPM also holds bitcoin?

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VenessaShillerqzx
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September 18, 2017, 05:29:52 AM
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Since the first days of bitcoin it was attacked (sometimes even by very reputable and smart people) and called a fake currency but we all see that it is pretty resilent to those things. So what is the difference of JP Morgan's news from the previous ones?

I was reading an article where the CEO of JPM has warned their employees too that any one found trading in bitcoin will get removed form the organization. Now how come CEO decides that what in their personal life they trade or do not trade.  Generally it happens when you the organization itself holds the same share so you ban those things and want to check if they do not have inside information in such case does it means even JPM also holds bitcoin?

Ha ha. Nice conspiracy theory. May be the JP Morgan CeO looks at each satoshis as his daughter's boyfriend. And his daughter has many bitcoin. lol

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rjbtc2017
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September 18, 2017, 05:47:10 AM
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China and JP Morgan just playing classic strategy on bitcoin.
Now they announcement bitcoin illegal, when price down because panic attack they buy bitcoin, and then they will create new announcement that bitcoin is legal... and kind of that. so bitcoin price up again, and they wealth is higher more than before.

lol... Classic business strategy. Shocked Roll Eyes

He is a total jerk. He created a massive fear and doubt to weak investors and weak holders of bitcoin. He even threatened his employees. What a total smart jerk. With this situation we can conclude that Big institutions and Big Organizations also with the mainstream media it can manipulate People to sell their bitcoins, resulting to a fall or decrease on Bitcoin's price.

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September 18, 2017, 05:52:04 AM
 #24

China and JP Morgan just playing classic strategy on bitcoin.
Now they announcement bitcoin illegal, when price down because panic attack they buy bitcoin, and then they will create new announcement that bitcoin is legal... and kind of that. so bitcoin price up again, and they wealth is higher more than before.

lol... Classic business strategy. Shocked Roll Eyes


I'm thinking it's just a coincidence and only happened because of China's hard appreciation about crypto currency they are playing around. The government of China is hard to predict, for sure they know that crypto currency is profitable for their people and for their country. And there is another one post from the viabtc CEO about mining, try to check out his twitter account.

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September 18, 2017, 10:43:38 AM
 #25

China and JP Morgan just playing classic strategy on bitcoin.
Now they announcement bitcoin illegal, when price down because panic attack they buy bitcoin, and then they will create new announcement that bitcoin is legal... and kind of that. so bitcoin price up again, and they wealth is higher more than before.

lol... Classic business strategy. Shocked Roll Eyes

He is a total jerk. He created a massive fear and doubt to weak investors and weak holders of bitcoin. He even threatened his employees. What a total smart jerk. With this situation we can conclude that Big institutions and Big Organizations also with the mainstream media it can manipulate People to sell their bitcoins, resulting to a fall or decrease on Bitcoin's price.
He did that because he want to make bitcoin dump and he want a cheaper price rate of bitcoin so he can buy a lot of it and prepare for the future investment with his bitcoin and that is what happened when the price of bitcoin goes down. He bought a lot of bitcoins and he probably gonna keep it for long term and profit reasons.

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