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Author Topic: Bitcoin surpasses $5,000 and Jamie Dimon hands up  (Read 642 times)
no0dlepunk
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October 13, 2017, 03:45:59 AM
 #21

Dimon has backed down from commenting publicly on bitcoin...
Of course he should. In fact, the moment he speaks shit about bitcoin the more we realize that he as a banker is threatened by it. Think about this, why the hell would a banker comment something like "bitcoin is fraud" when in fact he doesn't even care about people's financial security - it's none of his business in anyways. The fact that he speaks shit about bitcoins put me under the impression of his bank being affected negatively by it. So next time you hear a banker or somebody from the government speaks bad about bitcoin, you should never ever believe him.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Juggy777
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October 13, 2017, 04:06:40 AM
 #22

We are very open minded to the potential use cases in future for digital currencies that are properly controlled and regulated," Chief Financial Officer Marianne Lake said during a call with reporters to discuss the bank's third quarter earnings. So finally Jp Morgan people waking up to realize what kind of mess his one stupid comments caused them, we suffered and now he's humiliated, that's what's I call karma, I hope they find a way to coordinate with each other, and from their words it's apparent that they are running scared and now they are trying to buy peace, who told them to come and attack us, everything was fine, but I feel it's a welcome move for all, we can finally be happy that now a big corporation has endorsed us. Time to kick start the party.
BTCbengi
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October 13, 2017, 05:04:49 AM
 #23

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.
Actually if they want to develop bitcoin then its price will never be lower than that. Because by value, we can see that it is growing, they are less able to manipulate bitcoin, it is common, no one can control it except its creator and the events that happen to it. It is a wrong decision of them, it will make them die with the illusion that they created themselves

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October 13, 2017, 05:20:46 AM
 #24

One thing we have to know about bitcoin is that of a certainty no individual or government can stop bitcoin though it may affect just in that moment like what happened when china banned bitcoin, but be rest assure that this technology is unstopable. I like this rising in price. I can see bitcoin holders smiling and bitcoin enemies crying.
pinkflower
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October 14, 2017, 02:44:04 AM
 #25

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.

Yeah, theres another report in CNBC's website saying that he thinks the technology behind the blockchain is valid. He clearly doesnt understand how BTC works. Bitcoin's blockchain, PoW and BTC the coin cant be separated. A blockchain by itself, without PoW and the incentive is lame.
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October 14, 2017, 04:47:14 AM
 #26

One thing we have to know about bitcoin is that of a certainty no individual or government can stop bitcoin though it may affect just in that moment like what happened when china banned bitcoin, but be rest assure that this technology is unstopable. I like this rising in price. I can see bitcoin holders smiling and bitcoin enemies crying.

and now nobody can stop bitcoin for still increase and although they can, the price is still moving to go up and now its unstoppable. we can see the price is in high price soon after the fork is coming. but always, there is a down for correction so the price can lifted up in the other time and many of us will be happy. we know that there is many bad news is out there and it will makes people over react but bitcoin price is not affect and only down for a while and after that the price is increase again.

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