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Topic: Jamie Dimon bashes Bitcoin again - page 4. (Read 1426 times)

legendary
Activity: 2968
Merit: 3684
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September 22, 2017, 07:13:05 AM
#9
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

This time he says it is "worth nothing" because it was made out of thin air.  He also talks about the importance of government backing in a currency and says again that Bitcoin will "end badly".  And adds that more governments will move to shut it down.

 I wish a reporter would ask him about the discovery that JPM was trading Bitcoin after he said he'd fire everyone he caught trading Bitcoin.

When I was working a regular job across various countries, I used to get my monthly wages out of thin air too. They'd magically appear in my bank accounts, euros, francs, pounds, ringgit... all backed by the government. I even used to get wads of fresh pounds from the South Sudanese government almost daily since they kept losing more value overnight. At least one of that list is looking to end badly...

And yes, why hasn't any of them journalists gone for a good story by asking about every other contradictory move JPMorgan's made re Bitcoin? Or are investigative journalists just not yet into crypto?
sr. member
Activity: 616
Merit: 256
September 22, 2017, 07:03:01 AM
#8
the more he bashes the bitcoin, the deeper the bitcoin it dives and the more opportunity to buy bitcoins at a lower prices. Although many would hate him about his negative idea in bitcoin but i admired him in his business strategy. Long term investors would be in his side.
full member
Activity: 169
Merit: 100
September 22, 2017, 06:55:30 AM
#7
DIMON!

You son of a bitch
full member
Activity: 816
Merit: 133
September 22, 2017, 06:54:45 AM
#6
He defies the true form of a Businessman. He doesn't care how others will feel especially to the new investors in this industry as long as he gets what he wants. This new attack that he made for sure will bring another mark down to the value of Bitcoin which in this he could take advantage of it and bought again. A typical strategy to manipulate the market especially if you are the CEO of one of the controversial bank in the world. He smells money in this field that's why he penetrates it no matter what will it cost to others.
hero member
Activity: 3164
Merit: 937
September 22, 2017, 06:51:13 AM
#5
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

This time he says it is "worth nothing" because it was made out of thin air.  He also talks about the importance of government backing in a currency and says again that Bitcoin will "end badly".  And adds that more governments will move to shut it down.

 I wish a reporter would ask him about the discovery that JPM was trading Bitcoin after he said he'd fire everyone he caught trading Bitcoin.

The dollars in my PayPal account are also "made out of thin air".Should i be afraid. Grin
He is kinda right about the governments going to shut down bitcoin sooner or later,but this won`t destroy btc totally.Bitcoin and the altcoins will continue to exist in the darknet.
A currency is a currency only if a government support it.This is the most stupid lie ever.
full member
Activity: 420
Merit: 136
September 22, 2017, 06:46:55 AM
#4
Really he talks a lot of nonsense. The main issue from an economic point of view with regards to any money is that they have no 'value' they are near worthless slips of paper or lumps of metal. In this regard bitcoin is no different.
hero member
Activity: 2282
Merit: 505
September 22, 2017, 06:44:27 AM
#3
Such a joke, they're saying bitcoin has no value because made of thin air but always buying bitcoin and do trading with it. people who didn't realize about this stupid thing may believe him but not for me.
I wonder how much money they already invested into bitcoin and after this bash, it'll increase significantly for sure lol  Grin Grin by all the panics order that are soon to be coming, they'll gone in few minutes lol and the bitcoin will go into JPMorgan's pocket.
sr. member
Activity: 322
Merit: 250
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September 22, 2017, 06:44:12 AM
#2

This former JPMorgan Chase Managing Director said:

"Folks talking about Bitcoin being a...fraudulent currency, I think you need to be on the other side of that...strongly."

Watch video:

https://www.cnbc.com/video/2017/09/14/tom-lee-heres-why-bitcoin-will-hit-25000.html

full member
Activity: 406
Merit: 114
September 22, 2017, 06:39:28 AM
#1
https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

This time he says it is "worth nothing" because it was made out of thin air.  He also talks about the importance of government backing in a currency and says again that Bitcoin will "end badly".  And adds that more governments will move to shut it down.

 I wish a reporter would ask him about the discovery that JPM was trading Bitcoin after he said he'd fire everyone he caught trading Bitcoin.
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