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Poll
Question: What do you think was the reason for James Dimon's comment about bitcoin?
He's afraid of bitcoin capabilities for shaping the future of finances and economy away from traditional course - 8 (20%)
He's just ignorant about bitcoin and its benefits - 2 (5%)
He knows about his influence and coin market volatility and wanted to profit on it - 23 (57.5%)
Who knows? - 1 (2.5%)
Who cares? - 6 (15%)
Total Voters: 40

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Author Topic: Truth behind JP Morgan's CEO comment about Bitcoin  (Read 1151 times)
yugyug
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September 17, 2017, 11:29:29 PM
 #21

JP Morgan's MR. Dimon knows the potential of bitcoin and admired the technology behind it - the blockchain. They even created their own decentralized platform on a blockchain based technology- the Quorum. As an influential person he knows when to manipulate the market and buying a good investment position in bitcoin. Mr. Dimon's fallacy has a greater advantage to bitcoin long term holder, buy low, buy low , buy low and sell high later.

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September 17, 2017, 11:30:19 PM
 #22

Bye bye FED Cheesy Wink

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September 17, 2017, 11:34:47 PM
 #23

The correct answer is #3, Mr. J Dimon is a bitcoin investor and he knows his financial influence in the market. If Bitcoin is fraud then why JP morgan has a huge purchase of Bitcoin? Sounds fishy.

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September 17, 2017, 11:48:40 PM
 #24

well i voted "He knows about his influence and coin market volatility and wanted to profit on it" because after his comment and the china's ban in exchanging virtual currencies caused negative impact on bitcoin and caused price crash the company JPmorgan bought bitcoins as we see on twitter and news websites. and my opinion to that is dimon is getting desperate to make that comment and doing the opposite.

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September 18, 2017, 12:01:41 AM
 #25

James Dimon is a complete speculator. He made a lot of money.
And he certainly knows his influence and the market volatility of coin money and wants to make a profit on it.I voted for this.

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September 18, 2017, 04:25:24 PM
 #26

Thank you all for your opinions and votes. As it goes, it seems that Dimon is pretty much aware, not only of the volatility of the market, but the fear and expectation cryptocurrencies generate in general. For me, tho I'm in this cryptophenomenon since 2016 (yeah yeah a bit late), I'm still reluctant to do a leap of faith cuz there's A LOT to learn about it before (blockchains, ICO's, AltCoins, Impact on the world, etc). So, I kind of understand when people hear or read a public or powerful figure like him making negative comments and then take the next stop to exit the cryptotrain. Even tho he already has a record of doing such things to profit.

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September 18, 2017, 04:30:45 PM
 #27

He has already played his game very well and must be sitting over a billion profit today!

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September 18, 2017, 04:32:11 PM
 #28

Most of the big shots do not like Bitcoin because they didn't buy it cheap. They do not want average people to become rich quick when there wealth took years.

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September 18, 2017, 04:33:26 PM
 #29

He has already played his game very well and must be sitting over a billion profit today!
funny for those who's crying right now because of believing from this man's statement and afterwards realizing that this guy only trick most of those
weak holders allowing to crashed bitcoin credibility and making a huge issue so people will be afraid losing their investment as a whole so they sell
their coins.

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September 18, 2017, 04:37:40 PM
 #30

It's a strange one, saying that bitcoin is a fraud and will soon be closed is crazy speak and gives the impression that he does not know much about bitcoin. 

Is this just a facade to make people think the banks are clueless when in fact they are more clued up then most?

I suggest it was a clever move to see how their influence effects bitcoin and of course to buy a large share in the overall supply.


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September 18, 2017, 04:40:14 PM
 #31

He has already played his game very well and must be sitting over a billion profit today!
funny for those who's crying right now because of believing from this man's statement and afterwards realizing that this guy only trick most of those
weak holders allowing to crashed bitcoin credibility and making a huge issue so people will be afraid losing their investment as a whole so they sell
their coins.
These banks are best at this.

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September 18, 2017, 04:58:23 PM
 #32

I am quite confused about his comments. His company is behind and is supporting ethereum, a decentralized computing network that uses a blockchain which is also the same structure and principle as bitcoin. He says that bitcoins is fraud but stated that her daughter purchases it. Why would you even let your daughter invest into something if you think its fraud?? His comments baffles me.

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September 18, 2017, 05:11:28 PM
 #33

finally they have some btc on theier hands
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September 22, 2017, 05:32:33 PM
 #34

Hi everyone! I've been thinking on ways of learning and teaching about bitcoins and cryptocurrencies, and can't come with a better idea than prompting you, the bitcointalk community, to participate in polls about the cryptoworld, so everyone can vote and post their opinion on the subject.

Hope I can count on you guys for this.

So, here's the first poll I'm doing, and it has to do with JP Morgan CEO, James Dimon, and his comment about how bitcoin and the tulip bubble are similar, if not, the same, and how it was a big fraud as well.

Let me know your opinion on the matter.

What are you based at information on? Where do you get your information from? How are you making this statement with any sort of proof? These are the questions that people have to ask these are the questions that have to be asked in order for the rumor mill to stop pushing information wrong direction. Everyone knows what JP Morgan's CEO  commented earlier and than later about bitcoins.

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September 22, 2017, 05:40:58 PM
 #35

I guess he just wants to make bitcoin prices down with an obscure issue, so when it comes down to price he can buy it, hehehe Cheesy

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September 23, 2017, 04:42:14 PM
 #36

Hi everyone! I've been thinking on ways of learning and teaching about bitcoins and cryptocurrencies, and can't come with a better idea than prompting you, the bitcointalk community, to participate in polls about the cryptoworld, so everyone can vote and post their opinion on the subject.

Hope I can count on you guys for this.

So, here's the first poll I'm doing, and it has to do with JP Morgan CEO, James Dimon, and his comment about how bitcoin and the tulip bubble are similar, if not, the same, and how it was a big fraud as well.

Let me know your opinion on the matter.

What are you based at information on? Where do you get your information from? How are you making this statement with any sort of proof? These are the questions that people have to ask these are the questions that have to be asked in order for the rumor mill to stop pushing information wrong direction. Everyone knows what JP Morgan's CEO  commented earlier and than later about bitcoins.

Got it from a cryptocurrencies news webpage, and the poll is to know about what could have been the reason behind his comment... There's nothing misleading about that.

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September 23, 2017, 05:06:06 PM
 #37

This guy is getting more and more absurd with his comments, yesterday he commented that governments will close down bitcoin and crypto-currencies if they get too big, warns Jamie Dimon. And after his comments, bitcoin price dropped again but slowly gaining back the values today, I think this guy just want to manipulate the market and cause bitcoin price to drop so his clients in JP Morgan could buy some bitcoin at cheaper rates, I will never ever use JP Morgan investment service no matter how attractive the returns are because of this CEO.

.

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random8888
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Another day another dollar


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September 23, 2017, 05:09:37 PM
 #38

that bastard is trying to manipulate the market, causing the price to free fall so he can buy Bitcoin on the cheap. He knows Bitcoin is a real threat and there is no way around it, it is gonna happen. But meanwhile he needs to stock up on BTC!

Sithara007
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★YoBit.Net★ 350+ Coins Exchange & Dice


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September 23, 2017, 05:28:31 PM
 #39

that bastard is trying to manipulate the market, causing the price to free fall so he can buy Bitcoin on the cheap. He knows Bitcoin is a real threat and there is no way around it, it is gonna happen. But meanwhile he needs to stock up on BTC!

He has already stated that his daughter is a Bitcoin enthusiast. He may not be buying Bitcoins directly, but he may be providing funds to his daughter to purchase and hold BTC. This guy must be investigated and jailed for insider trading and financial fraud.

iram3130
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Super BTCoin


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September 23, 2017, 05:32:16 PM
 #40

1st and 3rd, one of them are definitely true. He just knows that his blind followers will dump if he say something like that and he thought people may leave crypto for his one statement. He doesn't know that we're here for the qualities of bitcoin not because of someone's statements.

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