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Topic: JP Morgan buys Bitcoin (after Dimon crashed the market) - page 5. (Read 2619 times)

full member
Activity: 756
Merit: 103
He openly lied. If you would do this with any stock exchanged company he would probably go to jail.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
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.
full member
Activity: 756
Merit: 103
Jamie is probably full of things that make his life easier, but not necessarily a sound brain working.
hero member
Activity: 672
Merit: 503
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.
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