Bitcoin vs Jamie Dimon

[bubblebit]

Here he goes again:

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

I think this new comment will achieve us to a new level of bitcoin price again, 6000$ is possible when Jamie Dimon taliking badly against bitcoin. How does it feels like your own daughter is in cryptocurrency investments all of this time. It feels terribly wrong, he might not getting proper sleep for days now.

Let him bark and we will be ignoring him, it looks like that his only believer is himself.

[iram1011]

you see he is from US, the same country with multiple gigantic companies accepting bitcoin (the same bitcoin he calls fraud) as payment.
Microsoft, Dell, Overstock.com, Valve, even PayPal has partnered up with coinbase and bitpay!, and a lot more...
are all these accepting a "fraud" or just one guy is an idiot

Those companies aren't really helping bitcoin,those big commercial names would just swallow the concepts and sell it.I'm against those corporates interfering with bitcoins.

Actually, when Bitcoin is decentralized then it is decentralized for everyone from giant centralized corporate to any single person. Even I don't like corporate interference with Bitcoin. But unfortunately many whales we talk about having large share of Bitcoins are from this corporate world only who bought extensively last and this year and have a perfect portfolio and are now coming public with their support to Bitcoin or cryptos. They indeed have a complete plan to manipulate the market when required. But unfortunately there is again a competition among those giant bankers and hence can't solely drive the market as they will be resisted by other bulk holders.

[fishbonez11]

The guy is definitely having his game play on this. Whatever these tactics are, investing in bitcoin will have its own share of risks just like investing in anywhere else. It just interests me that he did acknowledge the validity of the blockchain technology but he does not understand the value of digital currencies not backed up by the government. Well, I guess government is likely to adapt various cryptocurrencies someday.

[nareshrohra]

He has stopped commenting on bitcoin because now sanity has been restored and he realised that JP Morgan itself is invested in blockchain. He now need to shutup and think on how can banks benefit from this distributed ledger model.

https://www.jpmorgan.com/global/Quorum

[pawanjain]

Jamie has really been a real creep who wanted to manipulate Bitcoin's price for his own benefit. The only thing he could achieve this through is by making statements and must say he has achieved his goal too because the people have been stupid too. But now his time is over and people have become smart. Whatever he says now won't really matter to the people and he won't be able to manipulate the BTC price either. I guess he knew this fact and that's why he said that he won't be uttering any word related to Bitcoin.

[Xester]

Well, it is just a fraud skit from him.  He is just telling these things for him to buy more bitcoin.  If people who do not knew bitcoin will panic sell then the price would go down and it is his time to buy more bitcoin.  It is just his tactic to have more bitcoins.  No one will believe him again.

[iamlds08]

those fear, uncertainties and doubts thrown to bitcoin serve as its vitamins to gain more popularity for more people to invest and believe in blockchain technology and bitcoin. there is a saying that what doesnt kill you makes you stronger. i believe one day jamie dimon will eat all of his negative talks about bitcoin. let the history tell it

[Lancusters]

The guy is definitely having his game play on this. Whatever these tactics are, investing in bitcoin will have its own share of risks just like investing in anywhere else. It just interests me that he did acknowledge the validity of the blockchain technology but he does not understand the value of digital currencies not backed up by the government. Well, I guess government is likely to adapt various cryptocurrencies someday.

These analysts are accustomed to working on the markets for Fiat. Therefore, they only understand the classical laws of Economics. Cryptocurrencies are not amenable to these laws, therefore, the opinion of these people I'm not interested. They've earned your credibility in Fiat currencies. Let them and comment.

[andrew24p]

Jamie Dimon represents his share holders and what is best for them, hes never going to openly support bitcoin even if he believed in it. It would be akin to the fed saying "yeah bitcoin is better than the USD". Let these dinosaurs die, lets not give them recognition.

[teilwalL05]

What if he has a plan ahead that is why he is not saying anything about the All time low of bitcoin, maybe he is up to something and waiting for the right time to strike another no good comment, but in his mind he is enjoying the price of bitcoin right now and his investment had increase.

Because some investors would sure not gonna miss this opportunity in making a large amount of money even jamie dimon had this kind of thinking

[Hell-raiser]

Interesting chart, thanks for sharing it. If I remember correctly, Jamie Dimon said that his daughter had invested in Bitcoin some years ago, and now she seems to have reaped huge profits, so this dude might feel a little bit envious and ashamed of himself, especially if she invested a hefty amount of money and the profits she made are on par with her dad's. If I were Jamie Dimon, I would feel miserable too. That's likely the reason he doesn't care about Bitcoin more and more each time he mentions it.

[novhitadaloma]

I do not think jamie dimon likes bitcoin.

[Kprawn]

Seriously... I am not joking when I am saying this, but we should ask Jamie Dimon to smack talk Bitcoin a bit more. Every

time he does, the price goes up. It is as if investors are doing the opposite that he is saying. The investors can smell BS from

a mile away and they know JP Morgan are trading Bitcoin secretly, so they invest...when he talks shit about it.  

[Cofee.BLUE]

Even i have no much idea about that Jamie Dimon, I think it will not be the level of the bitcoin, and thats the naked truth, that no any coins can be at the same level of the bitcoin, and Jamie Dimon will not be at the half of what have bitcoin done. So better to know bitcoin and Jamie Dimon.

[RodeoX]

The funny part is that some people think his opinion matters. Why would Jamie know anything about bitcoin? He is an outsider in the new economy we are forging. It is his financial world that is crumbling, not ours.