JP Morgan CEO Jamie Dimon tries to manipulate Bitcoin price
Listen, I've only been in cryptocurrency for a few months now but even I can see right through this charade. Bitcoin prices are tumbling right now because asshat Jamie Dimon called it a scam that would burst eventually. Now isn't that interesting considering this article:
Summary: JP Morgan is a huge backer of blockchain technology and is investing heavily in it's future. So it stands to reason that he would simply be trying to manipulate the price. If I'm a powerful man and I go public and denounce this thing called Bitcoin, I can make the price drop and then either get people to back MY project based on Ethereum or I can buy a ton of it for a really cheap price and ride it to the moon.
Bottom line is this is FUD and needs to be ignored.
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