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Author Topic: Bitcoin surpasses $5,000 and Jamie Dimon hands up  (Read 569 times)
zycrypto
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October 12, 2017, 09:29:17 PM
 #1

Dimon has backed down from commenting publicly on bitcoin after his recent tag on bitcoin as fraud brought serious backlash to the company after he also said he would fire any of it’s employees who had anything to do with bitcoin.

In a report from CNBC, Jamie Dimon stated that he would not talk about the cryptocurrency and JPMorgan chief financial officer Marianne Lake also stated that the chase bank is open for digital currencies that are properly controlled and regulated.

READ MORE=> https://zycrypto.com/bitcoin-surpasses-5000-jamie-dimon-surrenders/

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October 12, 2017, 09:44:25 PM
 #2

Of course Jamie Dimon looks dumb right now. I think he will ultimately be proven correct about bitcoin being in a bubble, but perhaps not for many years from now with bitcoin multiples higher than what it is today. Eventually people like Jamie Dimon will turn atound on cryptocurrencies. Look how Mark Cuban flipped this year.

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October 12, 2017, 09:49:00 PM
 #3

He was just creating panic and setting up JPM's entries, as I read once Asking financial institutions about BTC is like asking taxi drivers about Uber; ofcourse they're gonna talk shit about it, that's just fear of change and becoming obsolete.

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October 12, 2017, 09:50:42 PM
 #4

He was just creating panic and setting up JPM's entries, as I read once Asking financial institutions about BTC is like asking taxi drivers about Uber; ofcourse they're gonna talk shit about it, that's just fear of change and becoming obsolete.

That's what they do to exploit the poor bitcoin owners in the market. They start a FUD and then they make the price go down like 2x and then they start to accumulate super cheap bitcoin and the final situation happens.
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October 12, 2017, 10:40:46 PM
 #5

That's what they do to exploit the poor bitcoin owners in the market. They start a FUD and then they make the price go down like 2x and then they start to accumulate super cheap bitcoin and the final situation happens.

That's cynical - but I expect you're right!

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October 13, 2017, 12:02:50 AM
 #6

I think  this is because  if the fact that Bitcoin is still going strong and will be stronger,  I think they just wanted to get bitcoins at a much cheaper price, and I believe they are also trying to influence the price of Bitcoin if they can, since that's what they do, they manipulate the prices of the stocks, which is not new to them. I think what they should just do now is try to live with Bitcoin and other cryptocurrencies since it will open new opportunities to them as well. Goodman Sachs move, making an exchange probably also she'd some light to them, since it is also an established financial institution, they could not afford to ruin their image further.

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October 13, 2017, 01:45:44 AM
 #7

Dimon has backed down from commenting publicly on bitcoin after his recent tag on bitcoin as fraud brought serious backlash to the company after he also said he would fire any of it’s employees who had anything to do with bitcoin.

In a report from CNBC, Jamie Dimon stated that he would not talk about the cryptocurrency and JPMorgan chief financial officer Marianne Lake also stated that the chase bank is open for digital currencies that are properly controlled and regulated.

READ MORE=> https://zycrypto.com/bitcoin-surpasses-5000-jamie-dimon-surrenders/

I don't think that Jamie Dimon has totally back down from this attacks. He is just quiet because,

(1) Jamie Dimon faces market abuse report after his comments about bitcoin
(2) JPMorgan was caught buying huge amounts of bitcoin. Making the company looks stupid
(3) Bitcoin price is soaring high and his statement proved him wrong.

But I believed that he is just waiting for the right time to attack once more. But he is totally irrelevant and whatever he says won't affect he market because we have seen this intentions. Trying to manipulate it and take advantage by buying bitcoin at a discounted price. We have matured and if ever he attack again, we will just ignore the guy and move forward.

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October 13, 2017, 02:27:57 AM
 #8

Ya it's interesting that Jamie Dimon now has nothing to say about Bitcoin. Maybe he's actually a little smart and knows it wouldn't be wise to upset the wrong people.
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October 13, 2017, 02:49:08 AM
 #9

I really like it when a  huge CEO like him in the financial world challenges bitcoin and then proved them wrong. Now  everyone have seen how btc just brought down this big names, I'll be expecting more and more antibitcoin will vanish or switch sides.

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October 13, 2017, 02:52:07 AM
 #10

...

Persistent rumors are that Jamie's daughter is (has been) buying LOTS of Bitcoin.  I would not know, but when I read something from two sources that may be reliable, I start to wonder...
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October 13, 2017, 02:55:13 AM
 #11

Of course Jamie Dimon looks dumb right now. I think he will ultimately be proven correct about bitcoin being in a bubble, but perhaps not for many years from now with bitcoin multiples higher than what it is today. Eventually people like Jamie Dimon will turn atound on cryptocurrencies. Look how Mark Cuban flipped this year.

Lol they always want to be the one who called it, but the problem is we're just at the beggining of a parabolic curve. There's no chance of this stopping anytime soon. Keep hitting each ATH after ATH and prove these ignoramuses wrong.














 

 

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asyakashi
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October 13, 2017, 03:02:09 AM
 #12

I do not care about JP morgan, he has been cheating and now he may be sorry.
I focus on Bitcoin and now it can not be stopped by anyone including by him "JP". Even China can not stop Bitcoin. Grin

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October 13, 2017, 03:05:54 AM
 #13

BTC is going very strong guys. But in my own opinion I do not think the all time high will last long and usually that is what happens. I would suggest if you made some handsome profits do cash out some out as a reward. If any bad news suddenly comes out the price is going down again. Whatever goes up comes down 1 day.

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October 13, 2017, 03:08:12 AM
 #14

That’s good news for me not for Jamie Dimon (obviously) and as I have been said before, let’s laughed at him when we prove that he is a dumb CEO. Now this development will make him realized that adaptation is not just on our part but for them to make. Because if they don’t do it will impact they’re investment and profit as more of they’re customers are might be on cryptocurrency trades also.
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October 13, 2017, 03:24:40 AM
 #15

Just a theory.
Jamie Dimon or Chase the company  bought Bitcoin after they said that Bitcoin is a fraud. They know that price will go down if they announce that Bitcoin is a fraud. Since they were able to accumulate thousands of Bitcoin  or maybe hundred of thousands  of course they would shut up and just join the bull ride of Crypto currency. He will not be on that position if he is not smart.

Well at least it is still a win for us crypto enthusiast.

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October 13, 2017, 03:35:44 AM
 #16



Ohhh weee, baby. Looking at the price of $5,675.72 per Bitcoin right now.



Exciting times we're living in boys.




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October 13, 2017, 03:35:58 AM
 #17

What a clown. He should stay away from BTC and stick to the things he is good at, creating bubbles and popping them.

These bankers want to keep calling BTC a bubble or a fraud because they cant control or regulate it. I cant wait for the day when other cryptocurrencies start having their own drive in mainstream adoption as well. Lets see how they react to that.



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October 13, 2017, 03:40:26 AM
 #18

from the start of this, all that was said has been manipulation of bitcoin price. they took a shot and spread the FUD, it was always a win-win situation, the FUD was successful and they made a huge amount of profit in a very short amount of time.

and as you can see all of it was also temporary. bitcoin always comes back on track because you can not keep its price down for long. it always bounces back up to the normal price levels. we were testing the $5000 resistance last time which is about 1 month ago and not it is broken.

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October 13, 2017, 03:40:36 AM
 #19

I do not care about JP morgan, he has been cheating and now he may be sorry.
I focus on Bitcoin and now it can not be stopped by anyone including by him "JP". Even China can not stop Bitcoin. Grin

Errr ... John Pierpont Morgan died in 1913. Jamie Dimon is a pansy. You can't even compare the two.
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October 13, 2017, 03:45:21 AM
 #20


He could be buying more bitcoin though. For all we know he could be the one behind this sudden rise again of bitcoin.  Bankers always wants money but are just too late to get into bitcoin which is why its too much for them to spend their money into it so fud is their option. No matter what they still need to spend more money.
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