Jamie Dimon regrets for calling Bitcoin a fraud

[farhaan]

We all know that the CEO of JP Morghan termed bitcoin as a fraud which made bitcoin price to fall a little.And now he says that he regrets for calling bitcoin a fraud and terms that blockchain is real.It seems that he had already bought much cheaper bitcoins during that dip.

Hope that we could soon expect more wallstreet fat boys who earlier criticized bitcoin to do the same.

[markdario112616]

It's already quite some time when Jamie Dimon publicly announce that Bitcoin is a fraud. Having that said, Jamie Dimon is a genius bastard, to be honest. He's a CEO of one of the biggest banks in the world, and he uses it as an advantage. Jamie Dimon targetted the users or the people mentally who are engaging with cryptocurrencies, the results of that announcement makes the people to panic and sell their coins which in return the price of Bitcoin suddenly decreased on a certain level in which it is acceptable for them to buy a number of coins.

If you could see it, JP did buy Bitcoins when the prices fall and after that, he takes back what he had said to regain the composure of Bitcoin at the market. He already expected or knew that it will happen.

[BrewMaster]

it is already old news, i think it was weeks ago when he said he was wrong or something. and it is a funny thing how he keeps insisting he doesn't give a shit about bitcoin and yet he keeps talking about it

of course this time i believe it was mostly advertising blockchain technology rather than bitcoin and i have a feeling that we may soon see JP Morgan release an altcoin...

[freetokens]

Jamie dimon is  playing drama on bitcoin he is buying at cheap