Topic: JP Morgan buys Bitcoin (after Dimon crashed the market) - page 3. (Read 2619 times)
JP Morgan has long been planning to crash the market in order to buy cheap bitcoins. They spread negative FUD and everybody panic and started selling Bitcoin, so the price went down as they plan, and then they buy bitcoin more cheaper.
What else to expect?
They spread FUD in just right time(china) and shake the market, price dropped and only logical thing to do is to buy more bitcoins. Now, new news has been launched(OP) and people will start to buy bitcoins again instead of dumping them and price will go up. Who earned money? JP Morgan...
People will never learnt from lesson next time he will say bitcoin is bubble again and buy another cheap btc They spread FUD in just right time(china) and shake the market, price dropped and only logical thing to do is to buy more bitcoins. Now, new news has been launched(OP) and people will start to buy bitcoins again instead of dumping them and price will go up. Who earned money? JP Morgan...
What else to expect?
They spread FUD in just right time(china) and shake the market, price dropped and only logical thing to do is to buy more bitcoins. Now, new news has been launched(OP) and people will start to buy bitcoins again instead of dumping them and price will go up. Who earned money? JP Morgan...
They spread FUD in just right time(china) and shake the market, price dropped and only logical thing to do is to buy more bitcoins. Now, new news has been launched(OP) and people will start to buy bitcoins again instead of dumping them and price will go up. Who earned money? JP Morgan...
Since they have money and they are very influecial many people will listen to them and they know that the price will dip.Most likely they intentionally announce that to have an entry point to invest. Sneaky sneaky sneaky.
They can’t build they happiness on someone else’s pain, Karma will get their.I agree. Some say it was a smart move on their part, but I don't think taking advantage of people's trustingness will bring one anything good. They knew well that people would listen to what they are saying and they were right, people indeed started panic selling after JPMorgan CEO Jamie Dimon called bitcoin a "fraud". I'm sure some people lost money because of that and that's JPMorgan's fault.
One would at least hope that people that panic sold in the hands of Jp Morgan and China's ban would learn as JP Morgan has bought the dip heavily, but don't never underestimate how stupid people are. They see in front of their eyes that they got scammed by Jamie Dimon, and im sure that the next time Jamie Dimon goes on national TV to say how BTC is a scam, people will dump again because people are drones. It will take a lot of times until the common folk realize that they are getting their BTC scammed from the same people that are calling it a fraud, but meanwhile they will get intimidated by them and will continue selling, until then, let's rise again to new heights to prove them wrong.
Since they have money and they are very influecial many people will listen to them and they know that the price will dip.Most likely they intentionally announce that to have an entry point to invest. Sneaky sneaky sneaky.
They can’t build they happiness on someone else’s pain, Karma will get their.I agree. Some say it was a smart move on their part, but I don't think taking advantage of people's trustingness will bring one anything good. They knew well that people would listen to what they are saying and they were right, people indeed started panic selling after JPMorgan CEO Jamie Dimon called bitcoin a "fraud". I'm sure some people lost money because of that and that's JPMorgan's fault.
One would at least hope that people that panic sold in the hands of Jp Morgan and China's ban would learn as JP Morgan has bought the dip heavily, but don't never underestimate how stupid people are. They see in front of their eyes that they got scammed by Jamie Dimon, and im sure that the next time Jamie Dimon goes on national TV to say how BTC is a scam, people will dump again because people are drones. It will take a lot of times until the common folk realize that they are getting their BTC scammed from the same people that are calling it a fraud, but meanwhile they will get intimidated by them and will continue selling, until then, let's rise again to new heights to prove them wrong.
Thats how they make money from creating massive panic. For sure some dumpers and amatuers will learn a lesson from that, but for those veterans its just the same old game.
I see that coming, these giants are still using old and seasoned tricks just to flip the market. They're using criticism to make large chunk of profits.
yes it is just an old way to get a dirty money from a dirty mind game.I see that coming, these giants are still using old and seasoned tricks just to flip the market. They're using criticism to make large chunk of profits.
but i think still people feel insecure with chinese exchanges get forced closure by the government , and considering most bitcoin miner are come from china , the bitcoin mining activity could be slower than usual , and bitcoin holder there in fluster to secure their asset. the choice are to sell them all and the market will remain get dumped.
Since they have money and they are very influecial many people will listen to them and they know that the price will dip.Most likely they intentionally announce that to have an entry point to invest. Sneaky sneaky sneaky.
They can’t build they happiness on someone else’s pain, Karma will get their.I agree. Some say it was a smart move on their part, but I don't think taking advantage of people's trustingness will bring one anything good. They knew well that people would listen to what they are saying and they were right, people indeed started panic selling after JPMorgan CEO Jamie Dimon called bitcoin a "fraud". I'm sure some people lost money because of that and that's JPMorgan's fault.
Quote
JP Morgan, the global banking giant, has bought 19,102 bitcoin shares in the Swedish Nasdaq traded bitcoin ETN, translating to around 95 bitcoins, worth some half a million dollars.
They also sold around 9,000 shares, translating to some 40 bitcoins, seemingly keeping the rest, at least for now, according to data provided by the ETN.
http://www.trustnodes.com/2017/09/16/jp-morgan-buys-bitcoin-price-rises-20
How funny is that? The CEO of JP Morgan goes on an interview and says Bitcoin is a fraud and everyone trading Bitcoin on JP Morgan is an idiot and will be fired.
Price crashes and hours later the buy a lot of BTC.
Looks like panic sellers got played out by the whales again.
I knew it. These people are all bunch of greedy. Considering their wealth they know how to play the price of bitcoin. It is their tactic to buy more bitcoin because of its current price. Many who are knew to bitcoin panicked and sold their bitcoins which is the main reason why Dimon do it. And he succeed. Thankfully I got wiser now.
Quote
JP Morgan, the global banking giant, has bought 19,102 bitcoin shares in the Swedish Nasdaq traded bitcoin ETN, translating to around 95 bitcoins, worth some half a million dollars.
They also sold around 9,000 shares, translating to some 40 bitcoins, seemingly keeping the rest, at least for now, according to data provided by the ETN.
http://www.trustnodes.com/2017/09/16/jp-morgan-buys-bitcoin-price-rises-20
How funny is that? The CEO of JP Morgan goes on an interview and says Bitcoin is a fraud and everyone trading Bitcoin on JP Morgan is an idiot and will be fired.
Price crashes and hours later the buy a lot of BTC.
Looks like panic sellers got played out by the whales again.
I knew it. These people are all bunch of greedy. Considering their wealth they know how to play the price of bitcoin. It is their tactic to buy more bitcoin because of its current price. Many who are knew to bitcoin panicked and sold their bitcoins which is the main reason why Dimon do it. And he succeed. Thankfully I got wiser now.
Quote
JP Morgan, the global banking giant, has bought 19,102 bitcoin shares in the Swedish Nasdaq traded bitcoin ETN, translating to around 95 bitcoins, worth some half a million dollars.
They also sold around 9,000 shares, translating to some 40 bitcoins, seemingly keeping the rest, at least for now, according to data provided by the ETN.
http://www.trustnodes.com/2017/09/16/jp-morgan-buys-bitcoin-price-rises-20
How funny is that? The CEO of JP Morgan goes on an interview and says Bitcoin is a fraud and everyone trading Bitcoin on JP Morgan is an idiot and will be fired.
Price crashes and hours later the buy a lot of BTC.
Looks like panic sellers got played out by the whales again.
Weak hands do not deserve bitcoin and with these big people knows that bitcoin is a big thing. It is really funny and at the same time it is also disappointing yet amusing. He is manipulative smart. He is a businessman we shouldn't be shocked if he will do this again.
I've been seeing this news all around the forum and this is the popular thing in the bitcoin world today. Dimon is a real marketer and strategist, he knows how to play in the market and make a good amount out of his mouth. He knows how to play with supply and demand and by saying that bitcoin is a fraud, it's planned and he knows many will panic when it came out on the mainstream news.
Quote
JP Morgan, the global banking giant, has bought 19,102 bitcoin shares in the Swedish Nasdaq traded bitcoin ETN, translating to around 95 bitcoins, worth some half a million dollars.
They also sold around 9,000 shares, translating to some 40 bitcoins, seemingly keeping the rest, at least for now, according to data provided by the ETN.
http://www.trustnodes.com/2017/09/16/jp-morgan-buys-bitcoin-price-rises-20
How funny is that? The CEO of JP Morgan goes on an interview and says Bitcoin is a fraud and everyone trading Bitcoin on JP Morgan is an idiot and will be fired.
Price crashes and hours later the buy a lot of BTC.
Looks like panic sellers got played out by the whales again.
If that is the case, then the people who make the whales to continue to be relevant, have been successful once again and they need to be commended to have made another win. I don't blame him but the ones that made his FUD possible and not only the panic sellers but also the bloggers, the Ops, the news site, tweeters and retweeters that makes his comment so popular that could cause panic all over the globe because without them, then nothing of such could have happened.
This guy probably soon retires, before the Dollar completely crashes and he likely will end up in jail. One last stunt.
He did it on purpose, he knew that he was about raising fear, accordingly price decreased and so easy for him to buy with an interesting price.
It's just a question of strategy
It's just a question of strategy
Since they have money and they are very influecial many people will listen to them and they know that the price will dip.Most likely they intentionally announce that to have an entry point to invest. Sneaky sneaky sneaky.
They can’t build they happiness on someone else’s pain, Karma will get their.
Maybe after all it will be a good thing. Banks now actively go into Coins, meaning the acceptance will widely increase and it becomes something else than money for murderers and drug dealers.
Since they have money and they are very influecial many people will listen to them and they know that the price will dip.Most likely they intentionally announce that to have an entry point to invest. Sneaky sneaky sneaky.
JP Morgan is a fraud, so they just made sure that Bitcoin is compatible 
Actually he is a big scammer,but people will forget and fall to his trick again in the future,he will make statement again stay tunned
JP Morgan is a fraud, so they just made sure that Bitcoin is compatible
Everytime I saw his face on internet I feel like to throw shit to his face
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