They(not only JP Morgan) do it all the time, manipulation by news(say bad things when they want to buy, then change the tone when they want to sell) and play with inside information, specially in 3rd world countries.
Of course with bitcoin the manipulation was more explicit because there is no law against market manipulation and inside information with BTC and people know almost nothing about it, so it is easier to bullshit around and convince people.
The last days have been, let's say, didactic in this aspect.
Topic: JP Morgan is a cheat. - page 4. (Read 1489 times)
It's again rumour there is no solid proof even this kind of statement will increase the confidence of bitcoin holder and cryptocurrency supporters . Whatever it may be bitcoin will hold its original value soon.
with the rumors going round about JP Morgan buy a large quantity of bitcoin yesterday...i believe his statement was to manipulate the market so he can get in hard....what you this tell me
Maybe, maybe not... just because someone created a meme and posted it on the internet doesnt make it true!
After all he just showed the high volatility and infancy (of the investors as well as) of the crypto-markets current state once again - whether he profited from that or not.
hahahaha...if this is indeed true then we must find a way to kick him out...he is so lucky this is decentralize
with the rumors going round about JP Morgan buy a large quantity of bitcoin yesterday...i believe his statement was to manipulate the market so he can get in hard....what you this tell me
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