Ohh Jamie, we know you are scared...

Jamie Dimon, the CEO of world famous financial service firm said that Bitcoin is a "fraud" and it is doomed to vanish. This comment caused Bitcoin price to drop over 8%.

As an average CNBC watcher( and an accountant), I know who Jamie really is. What economical idea he supports, his political view, what company he represents, and which school he graduated from. However, even if i didn`t know who this Harvard guy was, just looking at the company he works for would clear the air for me.

I am not really surprised with his comment. People like him avoided commenting on Bitcoin so far. Considering the recent price movements and rising reputation of the Bitcoin, these guys reached to a point where they could no longer pretend like it didn´t exist. In my opinion, it was just a matter of time.

They are so scared. More and more people enter wonderful Bitcoin world everyday and this libertarian movement is what causing them having nightmares every single night. After all, who would need JPMorgan´s risk analysis when Bitcoin starts to dominate the market.

I have to say that it was such a pleasure to watch him desperately denigrate Bitcoin on CNBC. Seriously, don´t you have better things to talk about? Like oil prices. Recent FED decisions? Ohh let me guess, you couldn´t help but show us your weakness this time. If i knew you would take me serious, I would bet all my Bitcoin savings(and it´s really nothing for a guy like you) against your Bitcoin price prediction.

Here is a humble reply of mine to Jamie Dimon on twitter. https://twitter.com/bitcointimesite/status/908309080602812417