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Topic: JPMorgan’s CEO claimed Bitcoin it is a fraud - page 3. (Read 1016 times)

newbie
Activity: 28
Merit: 0
September 19, 2017, 07:09:25 AM
#7
It is an old news, i dont know if it is real or fake
Bitcoin maybe considerated as fraud because is a digital currency, so many people can think this, the bitcoin arent backed by nothing...
But for me this isnt a fraud
hero member
Activity: 2842
Merit: 625
September 19, 2017, 06:31:12 AM
#6
Hi, what is your opinion about this ?
https://fxpmarkets.blog/2017/09/15/bitcoin-is-a-fraud-said-jp-morgan-ceo-jaime-dimon/
I heard JP Morgan bought  a lot of bitcoins after the fall,
do you think is only manipulation ?

This has been the topic since last week well Dimon is a good banker and he knows what's the right thing to do.

He probably want to get a big control in the market and wants to manipulate it as taking advantage with the ban of bitcoin on China.

Bankers are greedy, remember that they will not let themselves left behind in something that's profitable.
copper member
Activity: 490
Merit: 105
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September 19, 2017, 06:26:13 AM
#5
Hi, what is your opinion about this ?
https://fxpmarkets.blog/2017/09/15/bitcoin-is-a-fraud-said-jp-morgan-ceo-jaime-dimon/
I heard JP Morgan bought  a lot of bitcoins after the fall,
do you think is only manipulation ?

Hmmm... It's old news but this was made viral only for manipulation. Even i came to know that they bought heavily after the fall , the fall was due to china ban on ico and other exchanges. you can look at the article link for more information on how much did jp morgan bought after the fall, link given below.    https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/.

This is how the professional enters and exits from the market they make other trader's to sell their bitcoin and then they enter in their trades with heavy positions.Professional and Smart money enter's their position when amateur's exit from their positions, this is one of the thumb rule of trading. I think bitcoin is currently trading near $4000 levels again and now it will make a new record high for sure check it yourself.
newbie
Activity: 38
Merit: 0
September 19, 2017, 05:25:39 AM
#4
Still wanted to respond to this by the way. Are there really people listening to what CEO's form banks or big financial corporations? I can't imagine people hearing/reading what these guys say and say:"I guess he is right, cuz people in the financial business are legit and honest people". On the contrary, around me, friends, family and collegues all seem to believe the opposite of what these type of people say.
legendary
Activity: 3080
Merit: 1500
September 19, 2017, 04:44:13 AM
#3
Hi, what is your opinion about this ?
https://fxpmarkets.blog/2017/09/15/bitcoin-is-a-fraud-said-jp-morgan-ceo-jaime-dimon/
I heard JP Morgan bought  a lot of bitcoins after the fall,
do you think is only manipulation ?

That's an old news circulated in the market just before the recent fall in price. I think that's how a smart banker has manipulated the price and probably had entered in to bitcoin to make quick profit. However, after Japan issued the first license to a crypto coin exchange CoinCheck, the price got stabilized.

Jemie is a smart banker who might have taken this route of manipulation to get a suitable price to enter in crypto market by fooling us all and we have fallen prey for his trick. But we are not sure about whether he has got into crypto or not because there's no strong evidence for that.
hero member
Activity: 1470
Merit: 655
September 18, 2017, 08:46:55 AM
#2
old news already and nobody cares anymore.
try the search function of the forum to find a dozen topics talking about it. Smiley

there is a topic that somebody posted a screenshot of the place where JP Morgan is among those who bought the most amount of bitcoin after the big fall.
newbie
Activity: 17
Merit: 0
September 18, 2017, 08:44:29 AM
#1
Hi, what is your opinion about this ?
https://fxpmarkets.blog/2017/09/15/bitcoin-is-a-fraud-said-jp-morgan-ceo-jaime-dimon/
I heard JP Morgan bought  a lot of bitcoins after the fall,
do you think is only manipulation ?
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