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Topic: Bitcoin - page 3. (Read 991 times)

sr. member
Activity: 406
Merit: 250
September 13, 2017, 06:19:51 PM
#6
Bitcoin has went down to usd 4,000 since August 22 and the JP Morgan chief executive, Jamie Dimon, called it a fraud. What do you think?



Bitcoin has been called a fraud since the start.
Bitcoin itself fluctuates on supply and demand between July and August the bitcoin price raised from 3000 to 4800 there is nothing wrong with it, this kind of volatile price is normal.
Many bitcoiners selling and the price went down, many bitcoiners holding the price went up and so on. Add to this the difficulty of mining bitcoin day by day.
hero member
Activity: 761
Merit: 606
September 13, 2017, 06:16:10 PM
#5
He is so "out there" threatening to instantly fire any employee he discovers that owns/uses BTC.  Where in the law would that fly, and what a stupid thing to say!!
legendary
Activity: 4466
Merit: 3391
September 13, 2017, 05:12:36 PM
#4
Bitcoin has went down to usd 4,000 since August 22 and the JP Morgan chief executive, Jamie Dimon, called it a fraud. What do you think?

JP Morgan has been fined many billions of dollars for participating in frauds (including the Bernie Madoff ponzi scheme), so you would think he knows what a fraud is. I think he misspoke.

There are still lots of people calling it a ponzi scheme lol  Cheesy
They cant really understand that price is determined by supply-demand and there are no guarantees that it gonna rise like in ponzi schemes.

People that call Bitcoin a ponzi scheme either don't know how Bitcoin works or don't know what a ponzi scheme is. Bitcoin cannot be a ponzi scheme because it is 100% transparent.
full member
Activity: 462
Merit: 109
September 13, 2017, 04:05:00 PM
#3
There are still lots of people calling it a ponzi scheme lol  Cheesy
They cant really understand that price is determined by supply-demand and there are no guarantees that it gonna rise like in ponzi schemes.
hero member
Activity: 1064
Merit: 500
September 13, 2017, 03:19:39 PM
#2
Bitcoin fraud? Hahaha. Are there still people who calling bitcoin like this?
Let's  see what they will say when bitcoin will be 10000$.
member
Activity: 66
Merit: 10
September 13, 2017, 09:40:56 AM
#1
Bitcoin has went down to usd 4,000 since August 22 and the JP Morgan chief executive, Jamie Dimon, called it a fraud. What do you think?

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