Topic: JP Morgan bought 3M bitcoin when dip...who should Jamie Dimon fire? (Read 385 times)
October 25, 2017, 07:19:12 AM
A good player in cryptotrading. Acorn were good till bread was found.....
October 25, 2017, 07:03:36 AM
Jamie is a genius if that is the case. He is a good poker player and can easily bluff people with his poker face. What he did is simply a reversed psycology he is pretending to hate bitcoin but he was already planning his company to invest in bitcoin. Now who won the game? Obviously Jamie and JP Morgan.
October 25, 2017, 06:29:29 AM
Chase Bank announced about a few days after SEC announcement of regulating exchanges that they will be starting with Bitcoin due to high customer demand.
I consider this good news, after all the storm the calm it really helps bitcoin because good and bad publicity is still publicity, we will see more of this in the future but I'm sure Bitcoin will end up the winner this is another step for bitcoin adoption.
October 25, 2017, 06:17:46 AM
Chase Bank announced about a few days after SEC announcement of regulating exchanges that they will be starting with Bitcoin due to high customer demand.
October 22, 2017, 12:43:13 PM
https://cointelegraph.com/news/chase-bank-buys-bitcoin-even-as-jamie-dimon-rejects-it
However, in a somewhat surprising move, JP Morgan purchased a large block of Bitcoins just after the CEO’s harsh criticisms, according to a careful observer on Twitter.
However, in a somewhat surprising move, JP Morgan purchased a large block of Bitcoins just after the CEO’s harsh criticisms, according to a careful observer on Twitter.
The story is already debunked.
http://www.businessinsider.com/bitcoin-price-jpmorgan-looked-like-it-was-buying-after-dimon-called-fraud-2017-9
"They are not JPMorgan orders," a spokesman said in an email to Business Insider."These are clients purchasing third party products directly."
In other words, JPMorgan asset managers weren't buying this product for their clients. Rather, the bank's clients were using JPMorgan's pipes to buy it themselves.
For example if I buy stocks in Apple it doesn't mean my bank is investing and expanding their portfolio..
Also If I buy dope online doesn't mean my bank supports legal marijuana.
It's also interesting that Dimon still has a job after the banking meltdown of 2008. I know they're an investment bank but JPM definitely did some shady stuff. However, as I've said before, he's free to express his opinion on bitcoin just like we all are. And as regards the bubble--he might not be wrong.
September 19, 2017, 12:34:39 PM
https://cointelegraph.com/news/chase-bank-buys-bitcoin-even-as-jamie-dimon-rejects-it
However, in a somewhat surprising move, JP Morgan purchased a large block of Bitcoins just after the CEO’s harsh criticisms, according to a careful observer on Twitter.
However, in a somewhat surprising move, JP Morgan purchased a large block of Bitcoins just after the CEO’s harsh criticisms, according to a careful observer on Twitter.
The story is already debunked.
http://www.businessinsider.com/bitcoin-price-jpmorgan-looked-like-it-was-buying-after-dimon-called-fraud-2017-9
"They are not JPMorgan orders," a spokesman said in an email to Business Insider."These are clients purchasing third party products directly."
In other words, JPMorgan asset managers weren't buying this product for their clients. Rather, the bank's clients were using JPMorgan's pipes to buy it themselves.
For example if I buy stocks in Apple it doesn't mean my bank is investing and expanding their portfolio..
Also If I buy dope online doesn't mean my bank supports legal marijuana.
September 19, 2017, 11:44:33 AM
Dimon should fire himself and should issue an apology to Bitcoin for criticizing without basis resulting into injury against cryptocurrency in general. Okay, let's give the man a round of applause for successfully making himself a part of the Bitcoin history and as a big laughingstock the whole world can ogle with. The big lesson we should be learning here is never be influenced by anyone not really an expert with cryptocurrency. Dimon is heading a big bank which is about to be disrupted by Bitcoin and he is just showing a fight for the institution he is representing.
I'm sure he wont apologize on bitcoin users as he would stood firm on the words that he do said about bitcoin but well its not really necessary since we do have the freedom of speech into anything but talking on criticizing bitcoin will really make a bad image on him to the eyes of bitcoin holders and now we don't know on whats on his mind and might be he end up on buying bitcoins too. 
September 19, 2017, 11:34:07 AM
Dimon should fire himself and should issue an apology to Bitcoin for criticizing without basis resulting into injury against cryptocurrency in general. Okay, let's give the man a round of applause for successfully making himself a part of the Bitcoin history and as a big laughingstock the whole world can ogle with. The big lesson we should be learning here is never be influenced by anyone not really an expert with cryptocurrency. Dimon is heading a big bank which is about to be disrupted by Bitcoin and he is just showing a fight for the institution he is representing.
September 19, 2017, 11:10:08 AM
https://cointelegraph.com/news/chase-bank-buys-bitcoin-even-as-jamie-dimon-rejects-it
Chase Bank CEO Jamie Dimon recently rejected Bitcoin as a ‘fraud,” likely causing additional sell offs after the news of the Chinese exchange ban was released. The financial guru commented that Bitcoin was in a bubble not unlike the famous Tulip bubble during the 17th century.
However, in a somewhat surprising move, JP Morgan purchased a large block of Bitcoins just after the CEO’s harsh criticisms, according to a careful observer on Twitter.
I know i know there should not be any ethic requirement for bankers, but...they should at least not treat the rest of world as all stupid mob...
Chase Bank CEO Jamie Dimon recently rejected Bitcoin as a ‘fraud,” likely causing additional sell offs after the news of the Chinese exchange ban was released. The financial guru commented that Bitcoin was in a bubble not unlike the famous Tulip bubble during the 17th century.
However, in a somewhat surprising move, JP Morgan purchased a large block of Bitcoins just after the CEO’s harsh criticisms, according to a careful observer on Twitter.
I know i know there should not be any ethic requirement for bankers, but...they should at least not treat the rest of world as all stupid mob...
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