Bitcoin Crash Due to Jamie Dimon's Angry Outbursts
Great article here on Zerohedge about Jamie Dimon's angry outbursts causing bitcoin to crash to today. He said the following:
DIMON: BITCOIN IS A "FRAUD"; "WORSE THAN TULIP BULBS"
DIMON: BITCOIN WILL EVENTUALLY BLOW UP
DIMON: BITCOIN WON'T END WELL
DIMON: WOULD FIRE ANY TRADER TRADING BITCOIN FOR BEING STUPID
Who is Jamie Dimon?
He is the chairman, president and chief executive officer of JPMorgan Chase, largest of the Big Four American bank. Why is he attacking bitcoin? Are the bankers getting nervous about cryptocurrencies threatening their fiat empire? You bet!
People actually listen to this uber-criminal? Really? People in the crypto-community? There's a better chance that BTC went down because someone in the People's Bank of China farted today.
Dimon certainly knows a fraud when he sees one though. He's set the standard for it. I think he's just pissed because his daughter has realized he and JP are both fraud machines. Poor Jamie, he's not loved at home anymore. I guess that means that truly everyone hates him now, as well they should..
So a system that is essentially a global ledger is a fraud and will blow up and opaque bank ledgers are not and will prevail?
Somehow, I tend to disagree.
AA is right: Bitcoin price does not matter. In that sense, Dimon has a point 😏
Bitcoin supply is at least limited. Fiat currency is limited by the number of zeros your computer can store. I'll take bitcoin, thank you.
Just wanting to spread FUD, plus this Tulip bubble comparison is getting old.
https://steemit.com/money/@thehutchreport/dimon-is-whistling-thin-air-out-of-his-two-lips-bitcoin-is-not-like-the-tulip-bubble
pocketsend:100@deepwaterscrypto, here, have some other crypto 😏
Successful Send of 100
Sending Account: wekkel
Receiving Account: deepwaterscrypto
New sending account balance: 1993746
New receiving account balance: 1000099
Fee: 1
Steem trxid: 9d12e6fbc9c44a6d2336ec5bc417fc0b28ba28d2
Thanks for using POCKET! I am running this confirmer code.
Thanks! The pocket currency is really cool!
Deleted.
Hehe, maybe. The Chinese are huge investors in bitcoin and perhaps got spooked by your Charlie Lee's twitter actions. Or it might be both?
Disclaimer: I am just a bot trying to be helpful.
Well, at least Bitcoin and things like Steemit will never take a bailout.... so there's that.