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15 commentsDestination tag bitstamp wikipedia
Surprised by the sudden air pocket below bitcoin? Curious if this was caused by some new, unconfirmed Chinese crackdown on bitcoin traders, exchanges, and other money launderers?
It won't end well", will "blow up" and "someone is going to get killed. What is more surprising, is that bitcoin actually reacted to this angry outburst by the JPM CEO, sliding sharply, and dragging the entire cryptocurrency space with it.
Or perhaps not surprising at all as hundreds of JPM traders quietly liquidated their accounts moments after hearing Dimon's threat As for Dimon's personal vendetta with the digital currency, one twitter commentator said it best:. What is ironic is that this is not the first time Jamie Dimon has lashed out at bitcoin: If it is cheaper, effective, works, and secure, then we are going to use it.
The technology will be used, and it could be used to transport currency, but it will be dollars, not bitcoins.
What is also ironic is Dimon's admission that his daughter purchased some bitcoin, saying "it went up and she thinks she is a genius. Believers can bet on its rise, and Dimon is welcome to take the other side, he said. In reply to First Time Everrr In reply to Now that's the Jamie Dimon we by auricle. You can get 8 Ningi's for one Pu. But, since Jamie doesn't like Bitcoin, I'm going to invest in: Quasi Universal Intergalactic Denomination [aka: Pakcoin is a great buy right now I am a fluent translator of "Jamie-speak".
This is what he said, "Crypto currencies cannot be controlled or manipulated by the Big Banks and we were not able to cash in on the great increase of value and the virtues of virtual currencies. We could have made a fortune but didn't and therefore we are pissed so we are bad-mouthing crypto. In reply to LOL, the guy that relies on by nope Mr Dimon must be waking up to decentralized digital currencies, like BTC, and he obviously doesn't like the implications.
What could be more bullish for BTC than to have a criminal, power elite banker trash it. In reply to Poop and scoop. Please tell me where the top is. I mean, since you know, how about helping me know when to sell. I gotta get in at by Manthong. In reply to Gee I guess Bitcoin is by CH1.
In reply to He probably made that by Killtruck. In reply to Honestly, I think you may be by CH1. In reply to "It'll fall to zero In reply to Does Jamie call you his by tmosley.
In reply to why not post in a sodomite by Swampster not verified. In reply to Hahaha, I'd probably find by tmosley. In reply to Anal-isis? Beanie Babies didn't fall to zeroHow much is Elmo?
Will bitcion follow the Beanie Baby speculation frenzy? In reply to Beanie Babies didn't fall to by Justin Case. Just wait until they're moving SDRs around on a blockchain. Surely that won't be called a fraud. No, of course not. A supra-national currency backed by nothing and no single nation that trades on an open register. That to me, or something similar, must be closer to the logical outcome. Economic freedom does not appear to be a likely outcome.
I could be wrong of course. Yet again, if economic freedom did break out for whatever reason, the question remains, for how long? In reply to Just wait until they're by NoDebt. In reply to That to me, or something by consider me gone.
If BTC was no threat to the existing banking cartel, then Jamie Dimon would not waste his breath and time calling it a fraud. If it was fraud, Jamie would join in There really is no way of stopping the crypto cash system. Gold bugs- keep stacking, but see the new technology for what it is- a revolution in global trade. Economic freedom was tasted during the Silk Road heyday If and when a decentralised dark web becomes a practical reality based on ETH or some other smart contract crypto platform, that will be the death knell for the status quo.
It's just a matter of time. In reply to Economic freedom was tasted by dark pools of soros. The IMF witch went to China not the otherway round. In reply to That won't happen. You can bet on that the moment they figure out how to counterfeit the blockchain. Until then, blockchain will be teh evilz. If it can't be a monopoly, it's a fraud. Remember those thousands of rejected patent applications, when they tried to hijack the blockchain?
In reply to You should know by now that by Bay of Pigs. In reply to Which makes it all the more by tmosley. No, that happens when you give his opinion credence because he agrees with you. Which the peanut gallery has been all too happy to do. In reply to Agreeing with a person on one by Mementoil. Jamie is the Fraud Expert isn't he? Well certainly in his own company that is largely responsible for the mortgage backed securities fraud of that caused the crises.
So now he's an expert in a free market, decentralized system? He's just ass hurt that he couldn't securitize bitcoin in time. Sort by Relevance Newest Oldest. Error message An illegal choice has been detected. Please contact the site administrator. Curiously, as Bitcoin sold off, gold finally saw a modest bid: As for Dimon's personal vendetta with the digital currency, one twitter commentator said it best: Comments Sort by Thread Date.
Items per page 50 75 He feels frightened and is lashing out. I'm buying Bitcoin tonight. That's the kind of bastards these guys are.
Jamie ran into office and did the same. It was created by the Cypherpunks.