It's an interesting question to ponder.
I'd rather we didn't experiment with the effects of global markets taking a shit and stuck to a settled wider picture for BTC to do its thing in relative peace.
As it stands crypto is nothing more than a wild bet to most people so I don't think it would weather things well if they turned south now. The longer disaster doesn't happen the more solid crypto will be when it does occur. It still might take a decade or two to be a real alternative.
Topic: JP Morgan CEO Jamie Dimon Says Global Recession Not Coming: Effect On Bitcoin? - page 2. (Read 372 times)
January 09, 2019, 09:33:54 PM
January 09, 2019, 09:12:03 PM
“I didn’t want to be the spokesman against bitcoin. I don’t really give a shit — that’s the point, OK?” - Jamie Dimon
Ahaha this what he said? come on, he's been known to be buying during those times he's been bashing bitcoin.Yeah he don't care but action speaks louder than words. Sooner or later there will be articles again on how much he's apologizing that he said such words against bitcoin.
January 09, 2019, 03:18:52 PM
“I didn’t want to be the spokesman against bitcoin. I don’t really give a shit — that’s the point, OK?” - Jamie Dimon
Jamie Dimon CEO of JP Morgan and once accused leader of the Bitcoin haters has publicly stated that a global recession is not coming, despite many frightened investors and economists believing a recession will occur soon.
According to Dimon on Fox Business, “It looks to me like a slowdown [not a recession]. Sentiment changed dramatically for a whole bunch of different reasons. But the United States is still growing, at 2.5%. We just had some good wage data.”
Usually to my understanding, when the stock market performs well the sentiment and confidence in investors is high, which could result in investors looking for even more places to invest their cash such as Bitcoin and other cryptocurrencies.
Read the full article here
BTC
Jamie Dimon CEO of JP Morgan and once accused leader of the Bitcoin haters has publicly stated that a global recession is not coming, despite many frightened investors and economists believing a recession will occur soon.
According to Dimon on Fox Business, “It looks to me like a slowdown [not a recession]. Sentiment changed dramatically for a whole bunch of different reasons. But the United States is still growing, at 2.5%. We just had some good wage data.”
Usually to my understanding, when the stock market performs well the sentiment and confidence in investors is high, which could result in investors looking for even more places to invest their cash such as Bitcoin and other cryptocurrencies.
Read the full article here
BTC
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