At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid

haroldtee

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Quote from: the confused Dimon himself

Dimon did add on Friday that he believed the blockchain technology behind bitcoin was valid, but he does not understand the value of "non-fiat" digital coins, that is, digital currencies that are not backed by a government.

I believe this says it all. That is just what keeps paining him after the whole manipulation, controlling and greedy stunts they have always pulled with fiats. He is confused, scared and does not even know what he is saying. Or he absolutely did know but just trying to play a punkish move to stare the market in his favour. He really should just shut up already.

thejaytiesto

legendary

Activity: 1358

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The fact that he says "but it could go to $100,000 before it crashes" is a typical way to save face from people that aren't sure of their predictions. It's like, "it is a fraud, but it could keep growing even after im dead..." yeah, nice prediction there. Might as well call your life a fraud if bitcoin outlives you.

pitiflin

hero member

Activity: 980

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Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

Did people seriously think that asshole is going to shut his mouth so early? He is playing with people's minds and even a random person can figure it out. He is trying to get more bitcoin by saying bull shit about it because he thinks that people actually care about his opinions and will sell their bitcoin ,yeah you can try Jamie Dimon, things always dont work out your way.

makishart

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Quote from: jtipt on October 14, 2017, 10:22:22 PM

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

See the irony in that article, it mentions Jaime Dimon says that he won't talk about Bitcoin and still he is talking about it. I think at this point no one cares about what he says anymore, I head even JP Morgan was buying Bitcoin.

Becoming such an unreliable source of information he is, isn't he? wonder how much attention he gets while uttering bullshit and always changing statement, it seem that he just trying to control the price and it's obvious, maybe he missed the pump train of bitcoin price and want to buy more, such a joke.
But well, let see how the market react to this stupid statement for once again.

barota

sr. member

Activity: 1176

Merit: 286

Quote from: chesthing on October 14, 2017, 01:53:25 PM

If they banned US exchanges that would be very bad. Coinbase, Poloniex and Bittrex are all in US. I don't see them doing that though, this isn't communist China this is a capitalist democracy so the odds are very low they will try anything like that.

I hope they ban bitfinex and coinbase and bitstamp For limited days

i want bitcoin crash

Crash is useful for everyone

imagine 1 btc ----1000 usd next days Shocked

hase0278

hero member

Activity: 882

Merit: 544

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

Its better to not pay any attention to stupid FUD makers who only thinks of bringing bitcoin price down just for them to buy cheaper. I won't say that he is wrong because there is a chance that bitcoin price will go down and the inevitable crypto winter will come soon but I also wont say he is right, right now there is a greater chance of price rise rather than downfall.

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: jtipt on October 14, 2017, 10:22:22 PM

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

See the irony in that article, it mentions Jaime Dimon says that he won't talk about Bitcoin and still he is talking about it. I think at this point no one cares about what he says anymore, I head even JP Morgan was buying Bitcoin.

Yes, yes, the swedish section of his bank is buying bitcoin by the thousands. I heard his bank is even being sued by the swedish government for financial cheating.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

See the irony in that article, it mentions Jaime Dimon says that he won't talk about Bitcoin and still he is talking about it. I think at this point no one cares about what he says anymore, I head even JP Morgan was buying Bitcoin.

machinek20

hero member

Activity: 840

Merit: 501

Well, I think he is the one that stupid, nothing in this world that ever rise so much in that short of time, bitcoin had proved that it can passed all the obstacle, and a lot of people become rich because of bitcoin, so it will be stupid if somebody passed this opportunity, the early adopters have been enjoy a lot of things using bitcoin, when the early adopter invested maybe they were called stupid but now everyone called them genius

xypos

sr. member

Activity: 532

Merit: 250

Quote from: Pab on October 14, 2017, 05:19:10 PM

Looks like Dimonds recommendation works opposite way,he is not any kind of trader,his whale lost 3 bln dollars in 15 min on derivative trading.As long he has negative views btcis rising,if he will change his mind maybe it will be like red flag

Yeah, the thing is that he thinks his daughters are being cocky just because they made some profits on bitcoin. This is just completely BS. His daughters have probably made better percentage returns than his entire company.

His words have no effects on bitcoin price now. Price is still going strong.

Nobody should take him seriously.

gentlemand

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Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: chesthing on October 14, 2017, 10:15:04 AM

I believe Warren Buffet fudded btc back in 2014 so he could buy cheap coins and maybe this guy is trying to do the same. At any rate I question the motives of every so called expert who says buying btc is a terrible idea.
The banking system won't be going away anytime soon, it will be many more years before crypto is used exclusely by the massses and isn't measured against fiat - if this happens at all.

I can well believe Warren Buffet meant what he said. He didn't invest in a single tech stock until recently, and even now it's only Apple and IBM, so why on Earth would he leapfrog all of that and dive straight into something as outrageously fringe as BTC?

Pab

legendary

Activity: 1862

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Looks like Dimonds recommendation works opposite way,he is not any kind of trader,his whale lost 3 bln dollars in 15 min on derivative trading.As long he has negative views btcis rising,if he will change his mind maybe it will be like red flag

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: Slark on October 14, 2017, 01:57:12 PM

This guy hates Bitcoin it is obvious, he stands for the old economic system - and bitcoin was created to battle this bloated FIAT/Wall Street/Banksters system.
What do you expect he would say, that BTC is fine, will be even more successful in the future and banks will fail? It is clear that BTC isn't a very appealing prospect for him.
Aking Dimon about his stance on Bitcoin is like asking Kim Jong Un whether he likes the USA or not, the answer is clear.

But Goldman Sachs is talking good about bitcoin, and they are banksters. How to explain that?

candy27

member

Activity: 104

Merit: 13

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

It's totally eating him up that he's been dissing bitcoin since 2014 and it keeps going up in price.

malikusama

copper member

Activity: 1050

Merit: 294

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

Not a new thing, many people have spread negativity about bitcoin in the past to bring it down, even today many people are attempting for this through conspiracies against bitcoin. But these things don't affect bitcoins at all because bitcoin has now become much stable than before. Jamie Dimon have made a mistake through his wrong perception against bitcoin but the good thing is he realized it later.

Slark

legendary

Activity: 1862

Merit: 1004

This guy hates Bitcoin it is obvious, he stands for the old economic system - and bitcoin was created to battle this bloated FIAT/Wall Street/Banksters system.
What do you expect he would say, that BTC is fine, will be even more successful in the future and banks will fail? It is clear that BTC isn't a very appealing prospect for him.
Aking Dimon about his stance on Bitcoin is like asking Kim Jong Un whether he likes the USA or not, the answer is clear.

chesthing

legendary

Activity: 1414

Merit: 1000

If they banned US exchanges that would be very bad. Coinbase, Poloniex and Bittrex are all in US. I don't see them doing that though, this isn't communist China this is a capitalist democracy so the odds are very low they will try anything like that.

thejaytiesto

legendary

Activity: 1358

Merit: 1014

This is amazing. He has talked about BTC 3 times a in row lately. He used to take years between his public declarations on bitcoin, now it's been all over the place.

He acts a like bully against bitcoin, and don't underestimate his power. This guy will run for the FED presidency. If he gets it, he will try to convince the POTUS to destroy BTC, and can cause a great deal of damage. Im sure BTC would survive long term, but an USA ban wouldn't be pretty.

chesthing

legendary

Activity: 1414

Merit: 1000

I believe Warren Buffet fudded btc back in 2014 so he could buy cheap coins and maybe this guy is trying to do the same. At any rate I question the motives of every so called expert who says buying btc is a terrible idea.
The banking system won't be going away anytime soon, it will be many more years before crypto is used exclusely by the massses and isn't measured against fiat - if this happens at all.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

And the fact that when he open his mouth and bashes it, bitcoin goes ATH. LOL. Does it mean that his daughter is stupid?

Quote from: baronious on October 13, 2017, 10:14:52 PM

This means that bitcoin is on the right track. Bankers are getting more and more scared and it shows. I don't even get mad at these comments anymore. Just look at what they say and know that the truth is the opposite of what they say.

Of course bankers are now paranoid. The threat is real. And Jamie must think another way to yank people out o bitcoin and just put our money in banks. Sadly, we are more intelligent than that Mr. Dimon. Just continue to make yourself stupid with your attacks.

Quote from: player514 on October 13, 2017, 06:23:46 PM

Quote from: StockBet.com on October 13, 2017, 05:30:00 PM

At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid and Will 'Pay the Price'
https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

His daughter, who bought 2 bitcoins, is probably telling him to shut up.

He probably just wants the price to go down so he can put more of his money secretly into Bitcoin Grin

Honestly, a lot of corporations and larger investors are probably spreading bad news in order to buy a dip that they create themselves. They're just trying to make more money by manipulating the market with the value of their words.

For obvious reasons, his creating FUD but its not working anymore. His words has no substance now because he already know what they are up to. He already fool us once, we are not kids here. He can't manipulate the price so that they can get it at discounted price.

Topic: At It Again: Dimon Breaks Vow, Says Bitcoin Buyers Are Stupid (Read 914 times)