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Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"

 
DAMN.................​
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09/12/2017 04:10 PM
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Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
[link to www.zerohedge.com]


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?

No, the answer is Jamie Dimon, who in an angry outburst during the same conference in which he preannounced JPM's 20% trading revenue drop, lashed out at the cryptocurrency, calling it a "fraud" which is "worse than tulip bulbs. It won't end well", will "blow up" and "someone is going to get killed." Oh, and in conclusion, "any trader trading bitcoin" will be "fired for being stupid."

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
So how does Jamie really feel?

Of course, if "a trader" bought $100,000 of Bitcoin in 2010, they'd be roughly 3x richer than billionaire Jamie, but that's another story.

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...
Anonymous Coward
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09/12/2017 04:15 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
It won't end well", will "blow up" and "someone is going to get killed."
sounds like a warning,
Unsung

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09/12/2017 04:16 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Jamie Dimon is a fucking idiot, he doesn't even understand the technology. So sick of people saying Tulip Bulbs.
I believe you believe this is important
DAMN.................​ (OP)
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09/12/2017 04:17 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
It won't end well", will "blow up" and "someone is going to get killed."
sounds like a warning,
 Quoting: Anonymous Coward 47055738


Idol1burnitagentdamned
jkm1864

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09/12/2017 04:17 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
No one listens to that POS. The market is reacting to the creator of LTC saying that China was going to ban all Chinese exchanges.
Pussy Grabber Extraordinaire
Copperhead

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09/12/2017 04:20 PM

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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Jamie Dimon is a fucking idiot, he doesn't even understand the technology. So sick of people saying Tulip Bulbs.
 Quoting: Unsung


He understands the power of the international banking cartels, and how they have the worlds armies at their beck and call.

There is no way they will accept a currency that competes with theirs. These are the same people who destroy whole countries if they don't accept the cartels money system. Who didn't see this coming.
Anonymous Coward
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09/12/2017 04:20 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
any currancy that challanges the global cabal of central banks (that includes the fed reserve) is in the cross hairs of god's chosen.

Dimon(d) is just practicing tribalism as they all do
Anonymous Coward
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09/12/2017 04:21 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Who the fuck is that guy? Amd who gives a fuck?
DAMN.................​ (OP)
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09/12/2017 04:21 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
No one listens to that POS. The market is reacting to the creator of LTC saying that China was going to ban all Chinese exchanges.
 Quoting: jkm1864


Thread: CHINESE GOVERNMENT SOURCES TELL THE WSJ THEY'RE ABOUT TO SHUT DOWN ALL DOMESTIC BITCOIN EXCHANGES


I JUST POSTED THIS
Anonymous Coward
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09/12/2017 04:22 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Still above $4000.

:failure:
Anonymous Coward
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09/12/2017 04:31 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
[link to www.zerohedge.com]


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?

No, the answer is Jamie Dimon, who in an angry outburst during the same conference in which he preannounced JPM's 20% trading revenue drop, lashed out at the cryptocurrency, calling it a "fraud" which is "worse than tulip bulbs. It won't end well", will "blow up" and "someone is going to get killed." Oh, and in conclusion, "any trader trading bitcoin" will be "fired for being stupid."

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
So how does Jamie really feel?

Of course, if "a trader" bought $100,000 of Bitcoin in 2010, they'd be roughly 3x richer than billionaire Jamie, but that's another story.

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...
 Quoting: DAMN................. 71163037


Go suck a dick Jamie Dimon! Hahaha! You're doomed! Hahaha!
Sir France's Beercan

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09/12/2017 04:31 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Proof, if proof were needed, that bitcoin is scary to them bankers.
DAMN.................​ (OP)
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09/12/2017 04:36 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Proof, if proof were needed, that bitcoin is scary to them bankers.
 Quoting: Sir France's Beercan


THE FED RESERVE GESTAPO HENCHMEN DIMON HAS HIS MARCHING ORDERS !!!!
Anonymous Coward
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09/12/2017 04:40 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Guess it's time to buy.
ShortStop

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09/12/2017 04:43 PM

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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Jamie Dimon knows fraud like the back of his hand.

After more than 200 years of operation, yesterday JPMorgan Chase became an admitted felon. That action for foreign currency rigging came less than two years after the bank was charged with two felony counts and given a deferred prosecution agreement for aiding and abetting Bernie Madoff in the largest Ponzi fraud in history....Dimon is, if nothing else, a master of the grand illusion.

[link to wallstreetonparade.com]
Anonymous Coward
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09/12/2017 04:45 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Cryptocurrencies are already evolving to combat this.

Take DASH, ZCASH, ZCLASSIC, ZENCASH, and HUSH for instance.

All have the option for transparent or hidden wallets. Miners will begin putting their hidden address wallets in pools that do not require login information like luckpool and the like. The currency and chain will continue to mint but they won't know from where.
Mike_Grimmel

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09/12/2017 04:47 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
HE did this so he can buy probably $100 million worth of bitcoin and get the price down.
Still eating the crust off Hillary's dirty diaper, I see.

ALL HAIL HIS GRACE, DONALD OF HOUSE TRUMP, Keeper of the Borders, Father of the Walls, Deporter of illegals, Usurper of Prime Real Estate, Master of the Deal, Haver of the Best Words, Defiler of Miss Universes, Slayer of Cucks, Overlord of the Kingdoms of North America and Europe, God of Gods, King of Kings, Leader of the Human Species, Lord of the European Race and President of the Realm.

Thread: A so called 'time traveler' maybe made some hits so far...

Thread: liberalism really is a mental disorder (Page 2)
Anonymous Coward
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09/12/2017 05:20 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Everyone who uses fiat currency has been hurt for years and continue to get hurt from inflation due to the unbacked monetary system. Bitcoin is not a currency, it is an asset according to the IRS. So why does Dimon call Bitcoin a currency?

It boils down to control by the central bankers vs the decentralized cryptocurrencies based on blockchain technology.
The Comedian :D

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09/12/2017 05:22 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Who?
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
The Comedian :D

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09/12/2017 05:23 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
HE did this so he can buy probably $100 million worth of bitcoin and get the price down.
 Quoting: Mike_Grimmel


this2
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
Anonymous Coward
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09/12/2017 05:25 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
how many does he own lol
Anonymous Coward
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09/12/2017 05:34 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Makes me want to jump on the Bitcoin train.

Blythe Masters would disagree, I bet they are running some scam togehter though. I trust neither.



[link to www.theguardian.com (secure)]

I hate her, but I love her.

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Anonymous Coward
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09/12/2017 05:41 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Max & Stacey were right about you, Jamie Dimon! You're a piece of shit! Hahahahha!
Anonymous Coward
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09/12/2017 05:56 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
HONEY BADGER DONT GIVE A SHIT. BIT BY A SNAKE? HE DON'T CARE. BANNED IN CHINA?
HE DON'T CARE. HONEY BADGER GONNA TAKE A QUICK NAP AND KEEP ON GOING. CUZ THAT MOTHER FUCKER IS HUNGRY.
Anonymous Coward
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09/12/2017 05:57 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
HONEY BADGER DONT GIVE A SHIT. BIT BY A SNAKE? HE DON'T CARE. BANNED IN CHINA?
HE DON'T CARE. HONEY BADGER GONNA TAKE A QUICK NAP AND KEEP ON GOING. CUZ THAT MOTHER FUCKER IS HUNGRY.
 Quoting: Anonymous Coward 49595964


[link to mobile.twitter.com (secure)]
Anonymous Coward
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09/12/2017 06:06 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
2nd biggest scammer on the planet, NOBODY CARES WHAT THE CRIMINAL has to say!
Anonymous Coward
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09/12/2017 06:11 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
This is actually a veiled reference to China and North Korea. Just watch.
Anonymous Coward
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09/12/2017 06:13 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
It won't end well", will "blow up" and "someone is going to get killed."
sounds like a warning,
 Quoting: Anonymous Coward 47055738


Yeah, quite a fucked up thing to say
Anonymous Coward
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09/12/2017 06:29 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
I love how he calls this speculating ......this coming form the CEO of a company that has speculated on everything from subrate loans to internet startups to out and out ponzi schemes.

Me thinks that this be sour grapes!
Anonymous Coward
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09/12/2017 06:34 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Complete BS on this jackass' part. If one of his minions turned a 6-7000% profit on a stake in bitcoin, he have them in a corner office.

Heard of pump and dump? This is a case of cry and buy!
Anonymous Coward
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09/12/2017 06:34 PM
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Re: Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"
Jamie Dimon is a fucking idiot, he doesn't even understand the technology. So sick of people saying Tulip Bulbs.
 Quoting: Unsung


exactly. dude is probably just mad that they are all super late to the party.





GLP