Author

Topic: JPMorgan and btc pump (Read 268 times)

legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
November 05, 2017, 03:22:01 PM
#5
and, a few days later, JPMorgan emerging as one of the most active buyers
I'm sick of this claim.  It was one of JPMorgan's clients.  There's no evidence that it was JPMorgan themselves buying BTC.  The bank doesn't have to agree with everything that their clients do.

It's more likely that Dimon was just annoyed about hearing about BTC so often, so he tried to get people to stop mentioning it to him.  Unfortunately, he did so by irresponsibly lying about BTC being a "fraud".
He did manage to bring down the price for about over 20% so was it worth it the reputation?
If it was manipulation (which it most likely wasn't) it was worth it.  It's not like he had much of a reputation to start with.
Will anyone beleve him again?
After he did this, no intelligent person believed him anyway.  Idiots might well continue to trust him.

That is true. At first I was amazed how quick and how much influence certain people can make. Year ago I realised how much power does media have, people literaly read and beleve it without question it.

Wow, well it took some time for you to get red pilled and notice how the MSM is just trying to fuck everybody -- well everyone notices it at some point.

Also, if you're going to be looking at the AUTHOR of this zerohedge article, you'd see that the person is 'Tyler Durden' from the fucking show fight club, if that doesn't throw some red flags off I don't know what will. This person won't even put their real name when they're typing this garbage.

Gosh Zerohedge, this is some BULLSHIT.

hero member
Activity: 1834
Merit: 759
November 05, 2017, 02:36:03 PM
#4
Just to remind you of my speculation from china ban/JD FUD since btc is pumping so high. What do you think now about Jamie Dimon and his comments that he would fire JPMorgan traders if they were caught traing btc. Accussations everywhere how he manipulated market to crash btc price and then "At issue is an alleged link between Dimon’s comments and, a few days later, JPMorgan emerging as one of the most active buyers".
http://www.zerohedge.com/news/2017-09-21/jamie-dimon-faces-market-abuse-claim-over-false-misleading-bitcoin-comments

He did manage to bring down the price for about over 20% so was it worth it the reputation? Will anyone beleve him again?

For what it's worth, he could not have moved the market on his own. He piled on the China ICO ban, which is why it seemed more effective than it really is. There's really no to know how much his words influenced the slide. His next disparaging comments did nothing.

As for firing traders, I would say it's an empty threat considering how JPMorgan bought a lot of Bitcoins, but yeah, it doesn't really matter. What matters is that Dimon is a fraud and the world knows it.
member
Activity: 80
Merit: 11
November 05, 2017, 02:20:06 PM
#3
and, a few days later, JPMorgan emerging as one of the most active buyers
I'm sick of this claim.  It was one of JPMorgan's clients.  There's no evidence that it was JPMorgan themselves buying BTC.  The bank doesn't have to agree with everything that their clients do.

It's more likely that Dimon was just annoyed about hearing about BTC so often, so he tried to get people to stop mentioning it to him.  Unfortunately, he did so by irresponsibly lying about BTC being a "fraud".
He did manage to bring down the price for about over 20% so was it worth it the reputation?
If it was manipulation (which it most likely wasn't) it was worth it.  It's not like he had much of a reputation to start with.
Will anyone beleve him again?
After he did this, no intelligent person believed him anyway.  Idiots might well continue to trust him.

That is true. At first I was amazed how quick and how much influence certain people can make. Year ago I realised how much power does media have, people literaly read and beleve it without question it.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
November 03, 2017, 02:56:56 PM
#2
and, a few days later, JPMorgan emerging as one of the most active buyers
I'm sick of this claim.  It was one of JPMorgan's clients.  There's no evidence that it was JPMorgan themselves buying BTC.  The bank doesn't have to agree with everything that their clients do.

It's more likely that Dimon was just annoyed about hearing about BTC so often, so he tried to get people to stop mentioning it to him.  Unfortunately, he did so by irresponsibly lying about BTC being a "fraud".
He did manage to bring down the price for about over 20% so was it worth it the reputation?
If it was manipulation (which it most likely wasn't) it was worth it.  It's not like he had much of a reputation to start with.
Will anyone beleve him again?
After he did this, no intelligent person believed him anyway.  Idiots might well continue to trust him.
member
Activity: 80
Merit: 11
November 03, 2017, 02:46:14 PM
#1
Just to remind you of my speculation from china ban/JD FUD since btc is pumping so high. What do you think now about Jamie Dimon and his comments that he would fire JPMorgan traders if they were caught traing btc. Accussations everywhere how he manipulated market to crash btc price and then "At issue is an alleged link between Dimon’s comments and, a few days later, JPMorgan emerging as one of the most active buyers".
http://www.zerohedge.com/news/2017-09-21/jamie-dimon-faces-market-abuse-claim-over-false-misleading-bitcoin-comments

He did manage to bring down the price for about over 20% so was it worth it the reputation? Will anyone beleve him again?
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